ESOP/ESOS/ESPS

Lupin Limited has announced the grant of 1,567,591 stock options to its employees and subsidiaries under the Lupin Employees Stock Option Scheme 2025. Each option provides the right to subscribe to one equity share at an exercise price of ₹2.00. These options will vest over a three-year period, commencing one year after the effective grant date of July 01, 2026, subject to specific performance conditions. This initiative aims to incentivize and retain key talent within the organization.