Ref ID: 1660223433378-08-2020

01-Aug-2020
To,
Bheemarasetti Meghana
Gayatri Vidya Parishad College for PG and Degree Courses (A)
Visakhapatnam,Andhra Pradesh – 530045

Dear Bheemarasetti Meghana,

Letter of Appointment
Congratulations! We welcome you to the global family of Dr.Reddy's Laboratories Ltd and are pleased to appoint you as Technical
Trainee - QA at band TT in our Business Unit GMO based at FTO 09, Duvvada, Visakhapatnam, Andhra Pradesh, India.
Your Target Total Compensation, including benefits will be INR 2,04,000 (Rupees Two Lakh Fore Thousand only) per annum.
The detailed breakup of the same is enclosed herewith in Annexure I.
We believe people seek to work with us not only for money or the job opportunity, but also for the culture and the overall work
environment we offer. In this context, we are happy to let you know that the following are the key tenets of our employee value
proposition:

· Become a part of a team that cares

· Enjoy professional freedom to create impact
· Learn continually, excel and grow
· Expect to be treated with respect

Above all, we hope you will share and be inspired by our purpose of making the world a healthier place. Because Good Health
Can't Wait.

We thank you for your decision to work with us and we are making arrangements to welcome you on-board on or before 20-Aug-
2020. For any assistance you may need during your transition process please reach out to us at (welcome@drreddys.com,
07947171717 - Ext.1)

We wish you a fulfilling career, success and good health in your journey with us.

Best wishes,
For Dr.Reddy's Laboratories Ltd.

Naveen
Admin
Encl:- Details of the policies and benefits applicable to you are captured in Annexure-I (Salary and Allowances), Annexure-II
(Benefits), Annexure-III (Terms of employment) and Annexure-IV (Offer Acceptance)

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 Annexure-I

Name Bheemarasetti Meghana

Designation Technical Trainee - QA
Role Band TT
HQ FTO 09, Duvvada, Visakhapatnam,
Andhra Pradesh, India

Component Per Month INR Per Annum INR

Basic 14,275 1,71,300
Bonus / Ex-Gratia 500 6,000
Statutory Monthly Interim Bonus 500 6,000
Total Guaranteed Compensation 15,375 1,83,300
Provident Fund 1,725 20,700
Total Fixed Compensation 17,000 2,04,000
Target Total Compensation 2,04,000

Note:

• All your earnings are subject to tax deduction at source in accordance with applicable laws.
• Changes in your compensation are discretionary and will be subject to and on the basis of effective performance and other
relevant criteria.
• You will be entitled to statutory benefits such as Provident Fund, Gratuity etc., as per the applicability of the respective Acts.
• You and your family will be covered under the Group Mediclaim Insurance for hospitalization with a sum insured as per the
prevailing norms of the Group Mediclaim Insurance Policy. A nominal amount by way of premium is recovered from your
total salary, as per the company policy.
• You will be covered under the Employee Benevolent Fund, Term Life Insurance & Group Personal Accident policy. For the
Employee Benevolent Fund; a nominal amount by way of contribution is recovered from your total salary, as per the
company policy.
• The Bonus/Ex-Gratia is an annual salary component.

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 Annexure – II

Benefits

Dr. Reddy’s extends various benefits to its employees, which are subject to change from time to time as per Company policy.

Leave Benefit

We encourage you to plan some time off from work to recharge. For this you have 30 days of paid leave in a year. A year, in this
context, is the financial year starting April and concluding on March of the next year.

Leave Entitlement

Two and a half days are added to your leave credit every month to make a bank of 30 days a year. You can prefix, suffix and include
weekends and holidays when taking off because these holidays and weekly offs are not counted as leave. If you join mid- year, the
calculations are on a pro-rata basis. If you join between the 1st and 15th of a month, you are credited 2.5 days of leave for that month.
If you join after 15th, then you get 1.5 days credited for that month. Leave is automatically credited to your account for the year. You
can check your leave credit on the portal. You can use the portal to mark attendance, apply for leave, check leave credit and leave
approval status.

Leave Encashment

You will be eligible for leave encashment as per the company policy applicable.

Paid Leave

Maternity benefits

All permanent women employees get 26 weeks of paid maternity leave. It can be taken pre- and post - delivery. In the case of pre -
delivery leave, you can take up to eight weeks. Holidays and weekly offs falling in - between are counted as part of maternity leave.
In case of an emergency such as a miscarriage, you can take six weeks of leave immediately following the date of the incident. You
get an additional month of leave for illnesses arising out of pregnancy, delivery, premature birth of a child, or a miscarriage. If you
adopt a child less than 3 years old, you can take up to 4 months of paid leave. If you adopt a child greater than 3 years, you may take
up to 2 months of paid leave. Leave is sanctioned by your immediate supervisor, in consultation with the HR facilitator. Since the
company will need to make replacement arrangements while you are on maternity leave, you need to inform in advance the period
you plan to go on leave.

Time offs and Work from Home

Once you have had a baby, and are back to work, you can take up to two hours off every day for a year from the date of birth of the
baby, in case you need to come in late or leave early to look after the baby. In case the nature of work assigned to you is of such
nature that you may work from home, you may do so after availing of the maternity benefit and for such period and on such
conditions as you and your supervisor may mutually agree.

Child-care

Most Dr.Reddy's Laboratories Ltd offices have a child-care facility where you can enrol your baby free of cost. It is staffed with
competent care givers to look after your baby while you are at office.
Paternity benefits

New fathers can take up to 5 days of paid paternity leave within three months of a child's birth or adoption. You could combine this
with regular leave and prefix or suffix it with weekends or declared holidays.

Medical Benefit

Everyone, with the exception of employees covered by the Employees State Insurance (ESI) Scheme, is covered under the Medical
Insurance scheme. You are automatically enrolled into this scheme as soon as you become a permanent employee of the company.

Medical insurance

Your spouse, dependent children and dependent parents/in-laws and you are covered under our Group Mediclaim Policy. A nominal
premium shall be recovered from you for covering your family. This policy is renewed on 1st September every year and is valid up to
31st August of the subsequent year. You will find specific information on this policy under Mediclaim policy in our portal
www.mydrreddys.com. This policy covers you for almost all eventualities of health emergencies that can arise so you get essential
medical and financial support on time with least worries.

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Accident and life insurance covers

You are also covered under our Group Personal Accident (GPA) and Group Term Life Insurance (GTLI) schemes. GPA covers you
in cases of permanent and partial disablement or death by accident whereas the GTLI is a life insurance cover. This is provided over
and above the TCC, the premium for which is paid by the company.

Salary Advance Entitlements & Repayment

You can take an interest-free salary advance from the company for a personal or professional eventuality. You can take up to one
month's gross Total Cost to Company (TCC) as an advance. Taxes as applicable will be borne by you. You need to have a gap of six
months from the date of repayment of the previous salary advance to take another one. You can repay the advance in a maximum of
six equal, interest-free, monthly instalments. These will be automatically deducted from your salary once you choose the number of
instalments you would like to repay in.

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 Annexure – 2
Terms of employment
1. You would be required to sign an Employee Non- disclosure/Confidentiality Agreement with the Company at the time of joining.
2. You would also be required to sign a Conflict of Interest document with the Company. In the performance of your duties, you will
come to possess information connected with the Company’s financials, operations of our manufacturing processes, documents, plans,
drawings, prints, trade secrets, technical information, reports, statements, correspondence etc., and other matters relating to the
Company’s business, written or unwritten and also information and instructions that pass through you or come to your knowledge.
All such information shall be held by you in strict confidence and shall not be divulged to any person during your service with the
Company or thereafter. In the event of your acting in any contract or thereafter, the Company will be at liberty to initiate appropriate
proceedings to safeguard the interests of the Company.
3. During the term of your employment, you shall at all times comply with all applicable Company policies, procedures and general
work related practices, as updated from time to time.
4. You will be on training for a period of One year, and the same may be extended at the discretion of the management by such
further period not exceeding six months. During the period of training (including any extended period), the services can be
terminated by the employee or the organization by giving each other a month’s notice or one month’s Basic salary in lieu of the
notice period.
5. On satisfactory completion of the training period, your appointment will be confirmed in writing, and, thereafter your services
shall cease at any time giving three months’ notice in writing or payment of three month’s salary on either side. In case no
letter of confirmation is issued to you at the end of the training period, you will be deemed to continue on training for further period
till your services are confirmed or terminated in writing as the case may be. The management reserves the right to accept your
resignation and relieve you immediately by waving the notice.
6. You will be in full-time employment with the Company. You are liable to be transferred to any of our offices worldwide to any
department, factory or establishment forming part of our Organization or associate companies due to career advancements
opportunities, business exigencies, and you are required to abide by the working conditions and policies of the department, office or
establishment concerned. As per the policy of the Company, we expect all our full-time employees to devote their full attention and
effort to the business of the Company and to continuously develop their professional skill in mutual interest. We clearly disapprove
of any employee directly or indirectly engaging himself/herself in or devoting any time or attention to any part-time employment or
business or monetary position other than that of the Company. So also, you will not undertake either directly or indirectly any
activities, which are contrary to or inconsistent with your obligations to the Company, its reputation/image, or interests whether
direct or indirect. At any time, if it is found that there is any breach of this condition on your part, your services are liable to be
terminated, at the discretion of the management.
7. You will be responsible for the safe keeping and return in good condition and order, of all property such as tools, equipment,
instruments, books, uniforms etc., which may be in your use, custody, care or charge. The Company shall have the right to deduct the
monetary value of all such things from your dues and take such other action, as we deem proper in the event of your failure to
account for such property to our satisfaction.
8. Your date of birth as recorded by the Company on the basis of documentary evidence produced by you at the time of your
appointment is 12-Jun-2002. You are advised to take note that this date will be considered as the authenticated date of birth for all
purposes throughout your service with the Company, and will not be changed under any circumstances.
9. As per the Company’s policy, the age for superannuation is 58 years subject to your being physically and mentally fit as certified
by a medical practitioner designated by the Company and meeting the performance expectations of the Company. Retention of your
services beyond the age of superannuation will be entirely at the discretion of the management.
10. This contract of employment is terminable with or without any reason by either party giving three (3) months’ notice in writing.
11. The Company reserves the right to pay or recover pay-off in lieu of the notice period. Further, the Company may, at its sole
discretion, relieve you on such date as it may deem fit even prior to the expiry of the notice period.
12. Unauthorized absence for a period equal to more than 10 consecutive working days without timely or acceptable prior
notification to supervisor or HR , or, your decision to be absent even though supervisor permission was not granted will be deemed as
'absconding'. The company in such cases reserves the right to terminate your services without giving any notice or salary in lieu of
notice and initiate suitable action as deemed fit.
13. In case you leave the organization with in a period of one year from the date of joining, the company reserves the right to recover
all the relocation/notice period expenses incurred on at the time of joining.
14. You are required to comply with the company’s Code of Business conduct and Ethics (COBE).In the event you violate any
COBE regulation, you shall be subject to an enquiry and if proven guilty, be subject to disciplinary action by the Company including
without limitation termination of your services with immediate effect. Nothing in this offer letter shall render the Company liable to
reimburse you or any other person any gifts or payments, offered, paid or promised in violation of COBE.
15. Any disputes arising out of and/or related to your employment with the Company shall be subject to the court located in
Hyderabad City jurisdiction.

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 Annexure – 2

Acceptance of Appointment

I confirm that I have read, understood and hereby accept the terms and conditions mentioned in this Appointment Letter together
with its annexures. I hereby declare that details furnished by me in all the documents (hard and soft copy/copies) including but not
limited to my resume, job application form and all supporting documents (“Documents”) to Dr. Reddy’s are true and correct to the
best of my knowledge.

It is hereby understood that Dr. Reddy’s only hires candidates from universities and institutes recognized by the University Grants
Commission, All India Council for Technical Education or equivalent certifying bodies. Further, I understand that Dr. Reddy’s may
at its discretion, conduct a background check (including criminal history and identity check) to verify information, qualification and
Documents furnished by me, and that this Appointment Letter is subject to a successful outcome of such background check.

I hereby authorize Dr. Reddy’s (or a third party agent duly appointed by Dr. Reddy’s) to contact any former employers as indicated
in the Documents and carry out all background checks as deemed appropriate through this selection procedure. I authorize all persons
who may have information relevant to the verification to make required disclosures to Dr. Reddy’s or its representatives/agents.

I acknowledge and agree that providing any false information may result in a decision not to hire me or if hired, may result in
termination of my employment without any further enquiry, payment or liability on Dr. Reddy’s. Further, I understand that Dr.
Reddy’s may at its sole discretion publish any false information furnished by me.

In addition, I understand and agree that Dr. Reddy’s has rights to seek any legal remedies including indemnification and damages
incurred due to my actions/Documents furnished by me, for any loss caused to Dr. Reddy’s as a result of any such false information.
I understand that this Appointment Letter is subject to a successful background check and my medical fitness (for which I am
required to undergo a medical examination as per the tests prescribed by Dr. Reddy’s).

I also agree that any discussion related to compensation is to be taken up only with the authorised undersigned. I undertake that there
would be no breach of the confidentiality provisions hereunder. I hereby accept the employment subject to the terms and conditions
of this Appointment Letter.

My expected date of joining the organization would be 17-Aug-2022. Any change in my expected date of joining would be informed
and shall be duly approved by Dr. Reddy’s.

Name : Bheemarasetti Meghana

Date : 20-Aug-2020

Place : Visakhapatnam, Andhra Pradesh - 530045

Note : - - Please return one (1) duly signed copy of this offer to Dr. Reddy’s through scan or hard copy as a token of your acceptance
on or before ten (10) days from the date of receipt of Appointment Letter, failing which, this offer will stand automatically
withdrawn.