Lupin has informed that the Allotment Committee of Directors at its meeting held on January 13, 2017 has allotted 50,081 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 902,971,582 consisting 451,485,791 equity shares of Rs 2 each.
The above information is a part of company’s filings submitted to BSE.