Dr Reddy’s Laboratories (RDY) has released an update.
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Dr. Reddy’s Laboratories LLC, a subsidiary in Ukraine, has been fined EUR 280 by the State Tax Service of Ukraine for an 8-day delay in receiving goods from non-resident entities. The company assures investors that this penalty will not materially affect its financials or operations. Despite the penalty, Dr. Reddy’s maintains its strong market position and financial stability.
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