Lupin's subsidiary becomes fully owned after share buyback

Lupin's subsidiary becomes fully owned after share buyback — Lupin Limited announced that Multicare Pharmaceuticals Philippines, Inc. (MPPI) completed a buyback of 30,559 shares, making it a step-down wholly owned subsidiary effective October 1, 2026. This move strengthens Lupin’s control over its international operations. The development reflects strategic consolidation within its global structure.

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