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Lupin allots equity shares

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Capital Market

Under ESOP

Lupin announced that the Allotment Committee of Directors at its meeting held on 21 October 2016 has allotted 103120 fully paid up equity shares of Rs. 2/- each. These shares have been allotted upon exercising of options granted to the employees under Stock option plans of the Company.

In view of the above, the issued and paid up capital of the Company has been increased to Rs. 90,24,86,034 consisting 45,12,43,017 equity shares of Rs. 2/- each.

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First Published: Oct 21 2016 | 3:34 PM IST

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