LUPIN LTD. - Lupin Ltd reply to clarification sought by the exchange

The Exchange has sought clarification from Lupin Ltd with respect to news article appearing in Economic Times on December 15, 2014 titled "Scouting for Acquisitions"<BR><BR>Lupin Ltd replied stating "We wish to state that in its day-to-day operations, the Company actively explores opportunities for organic and inorganic growth including acquisitions.<BR><BR>We wish to further state that the Company shall promptly inform the Exchanges once any such proposal is duly approved by the Board."