Lupin Ltd — Capital/Financing Update 2025

Jan 9, 2025

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January 09, 2025

National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051

BSE Limited

P. J. Towers, Dalal Street, Mumbai Samachar Marg, Mumbai - 400 001

Symbol: LUPIN

Scrip Code: Equity - 500257

Sub: Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’).

Dear Sir/Madam,

This is in continuation of our earlier intimation dated September 11, 2024, wherein we had informed the Stock Exchanges regarding the Company having signed Share Subscription & Shareholders Agreement with Sunsure Solarpark Seventeen Private Limited (‘Sunsure Solarpark’) and Sunsure Energy Private Limited (‘Sunsure’) to make equity investment upto 42.61% of equity share capital of Sunsure Solarpark to be acquired at a total consideration not exceeding Rs. 105.53 million, to be completed in two tranches, in the capacity as a Captive User.

In this regard, we wish to inform you that today i.e. January 09, 2025, the Company has completed the acquisition of 42.61% of the equity share capital of Sunsure Solarpark and successfully completed the Transaction.

The above is for your information and dissemination.

Thanking you,

For LUPIN LIMITED

Digitally signed by Amit Kumar Gupta DN: c=IN, o=Personal, title=7875, pseudonym=d30e6db65d0a41f2b9a52198e78bf149, 2.5.4.20=b7e8678b2d6b381cb8f4761d9cbb4338253df2c8e 93e8fcf768f8e86438a00a1, postalCode=400705, st=Maharashtra, st=Maharashtra, serialNumber=de9bbd80d8994e4be9f0dd2399144eba7e7 82d70287df6aad1994f0b522fa08a, cn=Amit Kumar Gupta Date: 2025.01.09 21:10:20 +05'30'

Amit Kumar Gupta 93e8fcf768f8e86438a00a1, postalCode=400705, st=Maharashtra, serialNumber=de9bbd80d8994e4be9f0dd2399144eba7e7 82d70287df6aad1994f0b522fa08a, cn=Amit Kumar Gupta Date: 2025.01.09 21:10:20 +05'30' AMIT KUMAR GUPTA COMPANY SECRETARY & COMPLIANCE OFFICER (ACS-15754)

LUPIN LIMITED

Registered Office: 3[rd] Floor, Kalpataru Inspire, Off W. E. Highway, Santacruz (East), Mumbai - 400 055 India. Tel: (91-22) 6640 2323. Corporate Identity Number: L24100MH1983PLC029442 www.lupin.com

www.lupin.com