The institution of a high-powered project for the compliance with the requirements of the Sarbanes-Oxley Act of Dr. Reddy’s governance initiatives have attracted recognition: it was awarded the ICSI (Institute of Company Secretaries of India) National Award for Excellence in Corporate Governance in 2002, based on its achievement in the areas of Board independence, systems and procedures, transparency and disclosures, services and compliances, investor relations and value enhancement as well as claims and social responsibility.