Lupin Limited — Others, 05-08-2025: ESOP/ESOS/ESPS

Lupin Limited has granted 14,420 stock options to an employee of its subsidiary under the Lupin Subsidiary Companies Employees Stock Option Plan 2011. Each option has an exercise price of ₹ 2.00 and entitles the holder to one equity share upon vesting. The options will vest over four years, with 25% vesting annually after completing one year from the grant. This initiative is part of the company's employee incentive programs, aiming to foster long-term employee engagement and retention.