Lupin Ltd — Share Issue/Capital Change 2020

Oct 22, 2020

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October 22, 2020

LL/ESOP/ALT/174

BSE Limited

Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001.

Dear Sir,

Stock Code: LUPIN

Sub: Disclosure pursuant to the Regulation 30(2) of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 - Allotment of shares under ESOP.

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This is to inform you that the Allotment Committee of Directors at its meeting held today i.e., on October 22, 2020, allotted 36303 fully paid-up equity shares of s 2/- each. These shares have been allotted upon exercising of options granted to the employees under Stock option plans of the Company.

In view of the above, the issued and paid-up capital of the Company has been increased to s 90,65,53,272 consisting 45,32,76,636 equity shares of s 2/- each.

Kindly take the above on your records.

Thanking you.

For LUPIN LIMITED

Digitally signed by Rajvardhan Vishnu Satam Rajvardha DN: c=IN, o=Personal, 2.5.4.20=e8a002ede68da3b7e41e01d2 1c2b9062761a29a5f00491762a5ac549c b034cae, postalCode=400104, n Vishnu st=Maharashtra, serialNumber=df8ebe60a88c796663c7 38ea25bfa0b475d195f726cdb67a2ff09c Satam 4242771b2a, cn=Rajvardhan Vishnu Satam Date: 2020.10.22 11:34:34 +05'30'

R. V. SATAM COMPANY SECRETARY (ACS - 11973)

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