DR. REDDY’S LABORATORIES LIMITED [13,500,000] American Depositary Shares Each Representing One Equity Share par value Rs. 5 per Equity Share UNDERWRITING AGREEMENT [November 16], 2006Underwriting Agreement • November 16th, 2006 • DR Reddys Laboratories LTD • Pharmaceutical preparations • New York
Merrill Lynch, Pierce, Fenner & Smith Incorporated Citigroup Global Markets Inc. as Representatives of the several Underwriters
