NSEGeneral Updates1 Jul 2026 · 1 Jul 2026, 06:18 pm

General Updates

Lupin Limited · LUPIN

✦ AI SummaryM&A

Lupin Limited has completed the acquisition of minority shareholding in Multicare Pharmaceuticals Philippines, Inc. (MPPI) and MPPI has completed the buy-back of 61,118 shares from two existing shareholders.

Analysis Scores

Earnings Impact2/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Lupin Limited has informed the Exchange about update on acquisition of minority shareholding in Multicare Pharmaceuticals Philippines, Inc. (MPPI), a subsidiary company and Buyback of shares by MPPI.

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Lupin2_01072026181350_SE_Intimation_Completion_of_Acquisition_Buyback.pdf

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July 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 Dear Sir/Madam, a) We refer to our earlier intimations dated April 01, 2026 and May 29, 2026, wherein we had informed that Nanomi B.V., the Netherlands (‘Nanomi’), a wholly owned subsidiary of the Company, had entered into definitive agreements to acquire 11,794,497 shares from certain existing shareholders of Multicare Pharmaceuticals Philippines, Inc. (‘MPPI’), a subsidiary of Nanomi, subject to certain closing conditions. We would like to inform you that Nanomi has completed the acquisition of the above-said shares from certain existing shareholders of MPPI on July 01, 2026. b) In furtherance to our earlier intimation dated March 30, 2026, we wish to inform that MPPI has completed the buy-back of 61,118 shares from two existing shareholders on July 01, 2026. The buy-back process for the balance 30,559 shares is currently in progress. Post completion of the above-mentioned acquisition and buyback transactions, shareholding of Nanomi in MPPI has increased from 56.28% to 99.89% effective July 01, 2026. 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