Lupin Limited ( (IN:LUPIN) ) has shared an update.
Lupin Limited has announced several strategic decisions following its recent board meeting. The company has reappointed key executives, Ms. Vinita Gupta and Mr. Ramesh Swaminathan, for further terms as Chief Executive Officer and Executive Director, respectively. Additionally, Lupin is restructuring its Over-the-Counter Consumer Healthcare Business by transferring it to a newly proposed wholly-owned subsidiary, ‘LUPINLIFE Consumer Healthcare Limited’. The company is also introducing an Employee Stock Option Scheme to boost engagement and retention among its employees. These moves reflect Lupin’s efforts to strengthen its leadership, streamline operations, and enhance employee incentives, signaling a proactive approach to maintaining its competitive edge in the pharmaceutical industry.
More about Lupin Limited
Lupin Limited is a prominent player in the pharmaceutical industry, focusing on the development, production, and marketing of a wide range of branded and generic formulations, biotechnology products, and active pharmaceutical ingredients globally.
YTD Price Performance: -8.25%
Average Trading Volume: 19,249
Current Market Cap: 1004.1B INR
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