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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 26 December 2016 has allotted 27020 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. 90,28,71,420 consisting 45,14,35,710 equity shares of Rs. 2/- each.

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First Published: Dec 26 2016 | 12:42 PM IST

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