NSEUpdates18h ago · 15 Sept 2026, 07:45 pm
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Granules India Limited · GRANULES
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Granules India Limited has informed the Exchange regarding the receipt of the balance subscription amount towards the conversion of warrants issued on a private placement basis, strengthening its net cash position.
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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
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Granules India Limited has informed the Exchange regarding 'Update'.
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GRANULES_15092026194521_NSEBSE15092026.pdf
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Date: September 15, 2026
National Stock Exchange of India Limited &
BSE Limited
Scrip Code: NSE- GRANULES; BSE-532482
Sub: Disclosure regarding receipt of balance subscription amount towards conversion of
warrants issued on private placement and strengthening of net cash position of Granules
India Limited.
Ref: Preferential allotment of convertible warrants on a private placement basis to the
Promoter group and non-promoter investor category.
Dear Sir/Madam,
Background: Further to the Company’s disclosures dated February 23, 2026 and September 11,
2026, we wish to inform you that members of the Promoter group have paid the balance 75%
subscription amount of Rs. 1,093 crores towards the preferential issue, in accordance with
applicable regulatory requirements.
Conversion eligibility: Following receipt of these funds, 2,49,14,530 warrants issued to members
of the Promoter group investor category are fully paid and eligible for conversion into equity
shares under the issue terms and applicable regulations.
Net cash surplus position: Upon receipt of the subscription amount, Granules India Limited will
be in a net cash surplus position on a consolidated basis.
Strategic flexibility and growth deployment: This strengthened capital position enhances the
Company’s flexibility to pursue its growth agenda, expedite the preferential issue objects, and
deploy growth capital ahead of the originally envisaged timelines while maintaining financial
discipline.
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