Lupin Ltd — Capital/Financing Update 2026

Feb 27, 2026

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February 27, 2026

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

Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) - Update on acquisition of VISUfarma B.V., the Netherlands.

Dear Sir/Madam,

We refer to our intimation dated September 29, 2025 and December 30, 2025, wherein we had communicated that Nanomi B.V., a wholly owned subsidiary of the Company in the Netherlands had entered into a definitive agreement to acquire the entire share capital of VISUfarma B.V., Netherlands. The transaction was expected to be completed by February 28, 2026, subject to fulfillment of specified closing conditions.

We would like to inform you that the proposed transaction is still ongoing and is anticipated to be completed in April 2026, pending the satisfaction of specific closing conditions.

The above is for your information and dissemination.

Thanking you.

For LUPIN LIMITED

AMIT Digitally signed by AMIT KUMAR GUPTA DN: c=IN, st=Maharashtra, 2.5.4.20=f72cf02f52d2a7e595b45b84659bdca28c8f26a939bb35835a169f2a237229a3, KUMAR GUPTA postalCode=400705, street=C701 Shivdarshan CHS Ltd Sector16 Plot No5 Navi Mumbai, pseudonym=d3a468d0d03546efabffd2a7cb7aaaae, title=7875, serialNumber=de9bbd80d8994e4be9f0dd2399144eba7e782d70287df6aad1994f0b522fa08a, o=Personal, cn=AMIT KUMAR GUPTA Date: 2026.02.27 16:45:23 +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 info@lupin.com | www.lupin.com