The Board of Directors of Lupin Limited, at its meeting held on Thursday, May 07, 2026, recommended the appointment of Deloitte Haskins & Sells Chartered Accountants LLP (Firm Registration No. 117364W/W100739) as the company's Statutory Auditors. The recommendation was made on the basis of the Audit Committee's suggestion and is subject to approval by the members of the company at the ensuing Annual General Meeting (AGM). The board meeting commenced at 01:45 p.m. (IST) and concluded at 07:25 p.m. (IST).

Change in Statutory Auditors

The transition in statutory audit firm has been necessitated by the completion of the maximum permissible tenure of the incumbent auditors. B S R & Co. LLP Chartered Accountants (Firm Reg. No. 101248W/W-100022), the existing Statutory Auditors, will be completing their second term of consecutive five years at the conclusion of the ensuing Forty-Fourth AGM to be held in 2026. In accordance with applicable regulations, the Board has recommended Deloitte Haskins & Sells Chartered Accountants LLP as the successor firm.

The key details of the proposed appointment are outlined below:

Profile of Incoming Statutory Auditor

Deloitte Haskins & Sells was constituted in 1997 and was subsequently converted to a Limited Liability Partnership (LLP), operating under the name Deloitte Haskins & Sells Chartered Accountants LLP with effect from June 02, 2021. The firm is registered with the Institute of Chartered Accountants of India (ICAI) under Registration No. 117364W/W100739 and is a part of Deloitte Haskins & Sells & Affiliates, being the Network of Firms registered with the ICAI. The registered office of the firm is located at 19th Floor, Shapath – V, S G Highway, Ahmedabad – 380 015, India.

Regulatory Disclosure

The intimation has been made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with the SEBI Master Circular dated January 30, 2026 (reference number HO/49/14/14(7)2025-CFD-POD2/I/3762/2026). The disclosure was signed by Amit Kumar Gupta, Company Secretary & Compliance Officer (ACS-15754) of Lupin Limited.

Lupin Limited has notified its members about the opening of a special window for the transfer and dematerialization of physical shares, as mandated under SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. The advertisement was published in Business Standard (English) and Mumbai Lakshdeep (Marathi) on May 05, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Special Window Details

The special window has been opened for a period of one year, covering physical securities that were sold or purchased prior to April 01, 2019. The key parameters of this special window are outlined below:

Eligibility and Re-lodgement Process

Transfer requests that were previously submitted but were rejected, returned, or not attended to due to deficiency in documents, process, or otherwise, are required to be re-lodged during the window period with Lupin's Registrar and Transfer Agent (RTA), MUFG Intime India Pvt. Ltd. Members are advised that transfer requests lodged or re-lodged after the stipulated date of February 4, 2027 will not be entertained.

Post-Transfer Conditions

Upon successful transfer, where all documents are found to be in order, shares will be credited to the Transferee exclusively in dematerialized (demat) mode. The following conditions apply post-transfer:

• Transferred shares will be placed under a lock-in period of one year from the date of registration of transfer
• Such securities shall not be transferred, lien-marked, or pledged during the lock-in period
• The Transferee must open or maintain a demat account and submit the Client Master List (CML), not older than 2 months, duly attested by the Depository Participant, along with transfer documents, original share certificate, and an undertaking in the prescribed format

Cases Excluded from the Special Window

The following cases will not be considered under this special window:

• Cases involving disputes between transferor and transferee
• Securities that have been transferred to the Investor Education and Protection Fund (IEPF)

Regulatory Compliance

The notice was filed with the National Stock Exchange of India Limited and BSE Limited on May 05, 2026, and was signed by Amit Kumar Gupta, Company Secretary & Compliance Officer (ACS-15754) of Lupin Limited. The company's registered office is located at Kalpataru Inspire, 3rd Floor, Off Western Express Highway, Santacruz (East), Mumbai – 400055. Members requiring further information may contact the RTA at 810 811 6767 or at investor.helpdesk@in.mps.mufg.com .