Purpose | Announcement Date | Ex-Date | Record Date | Dividend Amount | Dividend per Share | Remark |
---|---|---|---|---|---|---|
Dividend | 6 May 2024 | 16 Jul 2024 | 16 Jul 2024 | 8 | 400 | Final |
Approval Of The Audited Financial Statements For The Quarter And Year Ended March 31, 2024 And Recommend Final Dividend @ 400% i.e. Rs. 8/- Per Equity Share Of The Face Value of Rs. 2/- Each For The Year Ended March 31, 2024. Lupin Limited has fixed Tuesday, July 16, 2024, as the Record Date for the purpose of ascertaining the Shareholders who will be entitled to payment of dividend, if declared at the Annual General Meeting (As per BSE Announcement Dated on 04/07/2024) |
The approval enables Lupin to offer a generic version of Descovy pills, which were originally produced by Gilead Sciences Inc.
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Lupin ranks as the third-largest pharmaceutical player in the U.S. by prescriptions and seventh in the Indian Pharmaceutical Market (IPM).
Lupin Limited reports a 77% increase in Q1 net profit to ₹801.3 crores, with total sales up 16.3%.
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According to the terms of the agreement, Lupin may receive up to $84 million in total payment based on future dependent milestones.
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The inspection finished with no observations, and the facility was classified as "No Action Indicated" (NAI).
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