NSEUpdates18h ago · 15 Sept 2026, 07:45 pm

Updates

Granules India Limited · GRANULES

✦ AI Summary▲ PositiveFundraise

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.

Analysis Scores

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