Lupin allots new shares to employees, increasing paid-up capital

Lupin Limited's Operations and Finance Committee, in a meeting on October 28, 2025, approved the allotment of 4,312 fully paid-up equity shares, each valued at ₹ 2. These shares were issued as a result of employees exercising vested options under the company's stock option plans, including those of its subsidiaries.

This allotment has led to an increase in the issued and paid-up share capital of Lupin Limited, which now stands at ₹ 91,35,24,360. This total capital comprises 45,67,62,180 equity shares, each maintaining a face value of ₹ 2. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The communication, addressed to both the National Stock Exchange of India Limited and BSE Limited, confirms the company's adherence to regulatory requirements. Amit Kumar Gupta, company secretary and compliance officer, digitally signed the intimation, dated October 28, 2025.