Lupin Ltd Incorporates Wholly Owned Subsidiary in Thailand
Lupin Ltd has established a new international presence by incorporating a wholly owned subsidiary in Thailand. The newly formed entity, named Lupin (Thailand) Limited, was incorporated on April 17, 2026.The subsidiary, Lupin (Thailand) Limited, operates within the Pharmaceutical Industry. Its primary mandate will be to import, market, promote, distribute, and sell pharmaceutical products throughout Thailand. Lupin (Thailand) Limited is a wholly owned subsidiary of Lupin Ltd.
Details regarding the company’s capitalization structure and ownership are as follows:
| Detail | Description |
|---|---|
| Name of Entity | Lupin (Thailand) Limited |
| Country of Incorporation | Thailand |
| Date of Incorporation | April 17, 2026 |
| Nature of Consideration | Cash |
The subsidiary was incorporated with a registered and paid up capital of 3,000,000 Baht (Three Million Baht). This capital is divided into 600,000 Shares, each having a par value of 5 Baht. Lupin Ltd retains full control, holding 100% of the shareholding in Lupin (Thailand) Limited.
LUPIN Stock Price Movement
Lupin Limited shares today slipped by 0.19% to settle at ₹2326.1. Trading concluded on a volume of 999,957 shares.Source:
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