Conversion

G GRANULES Dated: September 16, 2026 National Stock Exchange of India Limited Bombay Stock Exchange Limited Scrip Code: NSE: GRANULES; BSE; 532482 Dear Sir, Sub: Allotment of 2,49,82,906 equity shares of face value of Re. 1/- each fully paid-up to the members of Promoter group pursuant to exercise of right for conversion of warrants into equity shares. Ref: 1. Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI [CDR Regulations”); 2. Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”); 3. SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Dear Sir/ Mam, Further to our communication dated February 23, 2026 regarding the issue of specified securities on a preferential basis, we wish to inform you that the Share Transfer and Stakeholders Relationship Committee of the Board of Directors (the “Committee”), at its meeting held today, i.e., September 16, 2026, approved the allotment of 2,49,82,906 fully paid-up equity shares of face value of Re. 1/- each to the members of the Promoter Group investor category, as detailed in Annexure I (A). The allotment has been made pursuant to the conversion of warrants, upon receipt of the balance 75% of the subscription amount. Consequent to the said allotment, the paid-up equity share capital of the Company stands increased from Rs.24,77,96,921 (24,77,96,921 fully paid-up equity shares of Rs. Il/- each) to Rs.27,27,79,827 (27,27,79,827 fully paid-up equity shares of Rs. 1/- each) & Rs. 27,27,96,921 (27,27,96,921 fully paid-up equity shares of Rs. 1/- each) on diluted basis. Following the above allotment, 17,094 warrants issued to the non-promoter investor category remain outstanding for conversion. Brief details in accordance with Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are enclosed as Annexure I. Kindly take the above information on record. FOR, GRANULES INDIA LIMITED (CHAITANYA TUMMALA) COMPANY SECRETARY & COMPLIANCE OFFICER REGISTERED OFFICE Granules India Limited CIN: L24110TG1991PLC012471 15 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 © GRANULES ANNEXURE: I Disclosure in terms of Regulation 30 of the Listing Regulations, read with SEBI Circular on Preferential Issue S.no. Particulars Details 01. Type of securities proposed to be issued Fully paid-up equity shares of the Company (viz., equity shares, convertibles, etc.) pursuant to conversion of warrants. 02. Type of issuance (further public offering, Preferential allotment of equity shares of rights issue, depository receipts (ADR/GDR), | the Company, on a private placement basis qualified institutions placement, preferential | upon conversion of warrants in accordance allotment, etc.) with Chapter V of the SEBI ICDR Regulations and other applicable laws. 03. Total number of securities proposed to be The Company allotted 2,49,82,906 (Two issued or the total amount for which the crores & forty-nine lakhs eighty-two securities will be issued (approximately) thousand and nine hunded and six only equity shares having a face value of Rs. 1/- each at an issue price of Rs. 585/- upon conversion for equal number of equity shares on receipt of total consideration of Rs. 1,461.50 Crores. (25 % of consideration at the time of allotment of warrants and remaining 75% at the time of conversion). 04, Additional Information in case of Preferential Issue: a. Name of the Investors b. Post allotment of securities - outcome of the | List Enclosed as Annexure-I (A) subscription c issue price / allotted price (in case of Rs. 585/- per share (i.e. warrant exercise convertibles), price), as per the provisions of Regulation 164 of Chapter V of the SEBI ICDR Regulations. d. Number of investors 04 (Four) Investors e. in case of convertibles - intimation on Not Applicable conversion of securities or on lapse of the tenure of the instrument; 5. Any cancellation or termination of the Not Applicable proposal for the issuance of securities including reasons thereof. REGISTERED OFFICE Granules India Limited CIN: L24110TG1991PLC012471 15'" 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 G GRANULES ANNEXURE: I (A) S. No. Name of Proposed | Category | Pre-Issuc Pre No. of Post-Issue Post Issue | Allottees holding Issue equity holding holding : holding | shares (no. of shares) | (%) (%) issued 01 Ms. Chigurupati Promoter 92,40,761 3.73 | 2,48,80,342 3,41,21,103 12.51 Uma Devi Group 02 Ms. Chigurupati Promoter 18,18,683 0.73 34,188 18,52,871 0.68 Priyanka Group 03 Ms. Pragnya Promoter 18,42.035 0.74 34,188 18,76,223 0.69 Chigurupati Group 04 Mr. Harsha Promoter Nil Nil 34,188 34,188 0.01 Chigurupati Group Total 2,49,82,906 REGISTERED OFFICE Granules India Limited CIN: L24110TG1991PLC012471 15" 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