Lupin Ltd — Share Issue/Capital Change 2021

Sep 6, 2021

BSE limited September 6, 2021 Department of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001

Scrip Code: BSE - 500257

Dear Sir/Madam,

Sub: Disclosure pursuant to Regulation 30 of the SEBI (listing obligations and Disclosure Requirements) Regulations, 2015

This is to inform you that the Company has granted 11443 options on September 2, 2021 to the employees of the Company, at the exercise price of~ 2.00 each, details of which are as under:

Sr. No.	Name of Plan	No. of Options
1	Lupin Employees Stock Option Plan 2014	2218
2	Lupin Subsidiary Companies Employees Stock Option Plan 2011	725
3	Lupin Subsidiary Companies Employees Stock Option Plan 2014	8500

Please note that one equity share of ~ 2.00 each is covered by each option above and the options are exercisable after a minimum vesting period of 12 months.

Kindly take the above on your records.

Thanking you,

Yours truly Fo MITED

R. V. SATAM Company Secretary (ACS-11973)

LUPIN LIMITED

Registered Office: 3· Floor, Kalpataru lnsp1re, Off W. E. H1ghway, Santacruz (East), Mumba1 - 400 055 India. Tel : (91-22) 6640 2323 Corporate Identity Number: L241 OOMH 1 983PLC029442 www.lupin.com