Lupin Ltd — Share Issue/Capital Change 2020

Apr 17, 2020

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April 17, 2020

LL/ESOP/ALT/169

BSE Limited

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

Stock Code: 500257

Dear Sir/Madam,

Sub: Disclosure pursuant to Regulation 30(2) of 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 on April 17, 2020, has allotted 42670 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 increased to s 90,60,81,582/- comprising 45,30,40,791 equity shares of s 2/- each.

Kindly take the above on your records.

Thanking you.

For LUPIN LIMITED

Digitally signed by RAJVARDHAN VISHNU SATAM RAJVARDH DN: c=IN, o=Personal, postalCode=400062, st=Maharashtra, 2.5.4.20=c19d8ef961d9fa59e973a093a 4d3924b2532eb2f496ea7e2abcf74700f AN VISHNU 5375b7, serialNumber=df8ebe60a88c796663c7 38ea25bfa0b475d195f726cdb67a2ff09 SATAM c4242771b2a, cn=RAJVARDHAN VISHNU SATAM Date: 2020.04.17 11:27:49 +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: L241OOMH1983PLC029 www.lupin.com