NSEGeneral Updates1 Jul 2026 · 1 Jul 2026, 06:18 pm
General Updates
Lupin Limited · LUPIN
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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.
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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