BSECompany Update15 Sept 2026 · 15 Sept 2026, 07:42 pm

Update

Granules India Ltd-$ · 532482

✦ AI Summary▲ PositiveFundraise

Granules India Ltd has received the balance subscription amount of Rs. 1,093 crores from the promoter group, making 2,49,14,530 warrants eligible for conversion into equity shares. This has strengthened the company's net cash position and enhanced its flexibility to pursue growth initiatives.

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10

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Granules India Ltd-$ - 532482 - Update

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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