New Delhi, Nov. 9 -- Dr Reddy's Laboratories Ltd has reportedly lost Rs.2.16 crore in a cyber fraud, where hackers diverted funds by impersonating a Group Pharmaceuticals executive, according to a report by Moneycontrol citing an FIR filed with the Bengaluru City Cyber Crime Police on November 5.

The complaint was filed by Mahesh Babu K from Group Pharmaceuticals Ltd., who said the company was supposed to receive a payment of Rs.2.16 crore from Dr. Reddy's for goods supplied. The scammers allegedly hacked email exchange between the two companies and sent a fake message to Dr. Reddy's finance team last week.

The email was sent from an address similar to the official one, which is 'KKeshav@Grouppharma.in' instead of 'kkeshav@grouppharma.i...