Lupin FY26 ESG Rating Declines to 70

Date: October 15, 2026

ESG Rating Disclosure

NSE Sustainability Ratings and Analytics Limited ('NSE Sustainability') has independently assigned the Company an ESG Rating of '70' for the financial year 2026 (FY26).

This represents a marginal decline from the previous rating of '71' assigned for the financial year 2025 (FY25).

The decline is specifically attributed to a lower score in both the Social pillar and the Governance pillar, with each decreasing by one point.

The company explicitly states that it did not engage NSE Sustainability for this ESG rating. The report was prepared by NSE Sustainability independently using publicly available information about the Company.