NSEGeneral Updates1 Oct 2026 · 1 Oct 2026, 10:06 am

General Updates

Lupin Limited · LUPIN

✦ AI SummaryDivestiture

Lupin Limited has informed the Exchange that Multicare Pharmaceuticals Philippines, Inc. has completed the buyback of 30,559 shares, making it a step-down wholly owned subsidiary of the Company effective from October 01, 2026.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Lupin Limited has informed the Exchange about Multicare Pharmaceuticals Philippines, Inc. ('MPPI') has completed buyback of 30,559 shares, pursuant to which MPPI has become a step-down wholly owned subsidiary of the Company effective from October 01, 2026.

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Lupin2_01102026100316_SE_intimation_of_Buyback_completion.pdf

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October 01, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, P. J. Towers, Dalal Street, Bandra Kurla Complex, Mumbai Samachar Marg, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 Symbol: LUPIN Scrip Code: Equity - 500257 Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Completion of buyback of shares by Multicare Pharmaceuticals Philippines, Inc. Dear Sir/Madam, In furtherance to our earlier intimation dated July 01, 2026, wherein we had informed that Multicare Pharmaceuticals Philippines, Inc. (‘MPPI’), a subsidiary of Nanomi B.V., the Netherlands (‘Nanomi’), which is a wholly owned subsidiary of the Company, was in the process of completing the buyback of the balance 30,559 shares. We wish to inform you that MPPI has completed the buy-back of the aforesaid 30,559 shares. Consequently, effective October 01, 2026, MPPI has become a wholly owned subsidiary of Nanomi and step-down wholly owned subsidiary of the Company. The above is for your information and dissemination. Thanking you, For LUPIN LIMITED AMIT KUMAR GUPTA COMPANY SECRETARY & COMPLIANCE OFFICER (ACS -15754) LUPIN LIMITED Registered Office: 3rd 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