NSEUpdates11 Sept 2026 · 11 Sept 2026, 06:39 pm

Updates

Granules India Limited · GRANULES

✦ AI SummaryFundraise

Granules India Limited has informed the Exchange regarding a change in shareholding of the Promoter and Promoter Group. Dr. Krishna Prasad Chigurupati, the Promoter, sold 1,72,00,000 equity shares through a block deal and open market. The transaction was undertaken to fund the second tranche of the Company’s ongoing preferential issue and support the next phase of growth initiatives.

Analysis Scores

Earnings Impact5/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment5/10

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Granules India Limited has informed the Exchange regarding 'Update'.

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GRANULES_11092026183839_NSEBSE11092026.pdf

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Date: September 11, 2026 National Stock Exchange of India Limited & BSE Limited Scrip Code: NSE- GRANULES; BSE-532482 Sub: Disclosure regarding change in shareholding of the Promoter and Promoter Group of Granules India Limited. Dear Sir/Madam, We wish to inform you that the Company has received an intimation from Dr. Krishna Prasad Chigurupati, Promoter of the Company, regarding the sale of 1,72,00,000 equity shares of Granules India Limited on September 11, 2026, through a block deal & open market. The transaction saw participation from marquee institutional investors, including Capital Group, Kotak Mahindra Life Insurance Company, ChrysCapital, Allspring, and other domestic and global investors. The transaction was undertaken to fund the second tranche of the Company’s ongoing preferential issue and support the next phase of growth initiatives in line with its stated objects. The Company has deployed the funds raised through the preferential issue in February 2026 and executed the identified growth initiatives at a pace faster than originally envisaged. Accordingly, the funds have been utilised significantly earlier than anticipated, reflecting the Company’s focused execution of its strategic growth plans. The utilisation remains fully aligned with the objects disclosed at the time of the preferential issue. Following the transaction, the aggregate shareholding of the Promoter and Promoter Group in the Company has changed from 38.02% to 31.08% of the paid-up equity share capital of the Company. On a diluted basis, the aggregate shareholding of the Promoter and Promoter Group after the transaction stands at 37.39%. Dr. Krishna Prasad Chigurupati’s individual shareholding, as a Promoter of the Company, has changed from 31.00% to 24.06% of the paid-up equity share capital of the Company. This is for your information and records. For GRANULES INDIA LIMITED CHAITANYA TUMMALA (COMPANY SECRETARY & COMPLIANCE OFFICER) REGISTERED OFFICE Granules India Limited CIN: L24110TG1991PLC012471 15th Floor, Granules Tower, Botanical Garden Road, Kondapur, Hyderabad – 500084, Telangana, India Contact Us: Tel: +91-40-69043500 |Fax: +91-40-23115145| mail@granulesindia.com www.granulesindia.com