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Lupin board allots shares under ESOP

28 May 2012 Evaluate

Lupin has informed that the allotment committee of directors at its meeting held on May 28, 2012 has allotted 32,550 fully paid up 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.

Further the issued and paid up capital of the company has been increased to Rs 89,36,14,648 consisting 44,68,07,324 equity shares of Rs 2 each.

The above information is part of company’s filing submitted to the BSE.

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