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Lupin informs about granted stock options

14 Dec 2023 Evaluate

Lupin has informed that, as approved by the Nomination and Remuneration Committee of the Company on December 13, 2023, the Company granted stock options aggregating 258695 to its employees and those of its subsidiaries, at the exercise price of 2.00 each, details of which are enclosed. It has informed that upon vesting, one stock option entitles the grantee to subscribe to one equity share of the Company of ? 2.00 each. The vesting schedule of stock options will be 25%:25%:25%:25% over four years upon completion of one year from the date of grant.

The above information is a part of company’s filings submitted to BSE.

Lupin Share Price

2377.90 -81.85 (-3.33%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1847.30
Dr. Reddys Lab 1293.25
Cipla 1347.70
Zydus Lifesciences 938.90
Lupin 2377.90
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