Lupin allots 36,626 equity shares under ESOP

Lupin Limited, a pharmaceutical company, has allotted 36,626 fully paid-up equity shares, each valued at ₹2, under its Employee Stock Option Plan (ESOP). This allotment, approved by the Operations and Finance Committee on December 10, 2025, resulted from employees exercising vested options. The company noted that this action is in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing obligations and Disclosure Requirements) Regulations, 2015.

Following this allotment, Lupin’s issued and paid-up share capital has increased to ₹91,35,97,612, comprising a total of 45,67,98,806 equity shares, each with a face value of ₹2. The company, through Amit Kumar Gupta, company secretary and compliance officer, requested that the National Stock Exchange of India Limited and BSE Limited take this information on record.

The announcement was made via an official letter, LL/ESOP/ALT/241, dated December 10, 2025. Lupin Limited’s registered office is located in Mumbai, India.