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Part 1
Business Ethics
DR REDDY’S COMMITMENT TO BUSINESS
ETHICS AND CORPORATE GOVERNANCE
Dr Reddy’s long-standing commitment to high
standards of corporate governance and ethical busi-
ness practices is a fundamental value shared by its
board of directors, management and employees. The
company’s philosophy of corporate governance stems
from its belief that timely disclosures, transparent
accounting policies, and a strong and independent
board would go a long way in preserving shareholders’
trust while maximizing long-term shareholder value.
Good corporate governance ows out of the commit-
ment of the management and the board of directors. ...