Philippines Arm Completes Buyback of 30,559 Shares, Becomes Step-Down Wholly Owned Subsidiary
Multicare Pharmaceuticals Philippines (MPPI) has completed the buyback of the balance 30,559 shares.
- Shares Buyback Completed
- 30,559 shares
- Effective Date
- October 01, 2026
- Subsidiary Structure
- MPPI is a wholly owned subsidiary of Nanomi B.V. and a step-down wholly owned subsidiary of Lupin
- Parent Company
- Nanomi B.V., the Netherlands
What was shared
Lupin disclosed under Regulation 30 that Multicare Pharmaceuticals Philippines, Inc. (MPPI) has completed the buyback of the balance 30,559 shares, following the earlier intimation dated July 01, 2026.
Structure after the buyback
- MPPI is a subsidiary of Nanomi B.V., the Netherlands, which is a wholly owned subsidiary of Lupin.
- Effective October 01, 2026, MPPI has become a wholly owned subsidiary of Nanomi and a step-down wholly owned subsidiary of Lupin.
How to read it
A buyback by MPPI of the remaining shares held outside the group removes the minority holding, so the Philippines business now sits fully within Lupin's group structure through Nanomi.
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More numbers
- Shares bought back by MPPI30,559 shares
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