DR.REDDY'S LABORATORIES LTD. - Dr Reddys Laboratories Ltd reply to clarification sought by the exchange

The Exchange had sought clarification from Dr Reddys Laboratories Ltd with respect to news appearing in Economic Times on March 11, 2015 titled "DRL may Buy UCB's India Ops for $135m."<BR><BR>Dr Reddys Laboratories Ltd replied stating "We would like to state that we do not comment on market speculations. Any M&A transaction or similar other event, if material in nature, will be communicated to the Stock Exchanges by the Company, at an appropriate time whenever it becomes certain."