Dr Reddys Laboratories fined 28 Lakh by Mexican regulator

Dr Reddy's Laboratories fined 28 Lakh by Mexican regulator

Dr Reddy's Laboratories announced that Mexico's drug regulator imposed a penalty of 28 lakh (MXN 6,51,420) for failing to meet guidelines on import notification of a reference standard for an active pharmaceutical ingredient. Despite the fine, the company's shares rose 0.39%, trading at ₹6,720 on the BSE.