(I)(a)  Statement showing Shareholding Pattern:
Name of the Company:     Granules India Limited
Scrip Code:  532482                                                             Quarter ended:  30th September 2006
Cate- Category of Number of Total Number of Total shareholding as
gory shareholder shareholders number shares held in a percentage of total
code     of dematerialized number of shares
      shares form As a As a
          percentage percentage
          of (A+B) of (A+B+C)
(A) Shareholding of Promoter and Promoter Group          
(1) Indian          
(a) Individuals / Hindu Undivided Family 9 4523374 4523374 40.09 36.59
(b) Central Govt/State Government(s) 0 0 0 0.00 0.00
(c) Bodies Corporate 0 0 0 0.00 0.00
(d) Financial Institu - tions / Banks 0 0 0 0.00 0.00
(e) Any Other (specify) 0 0 0 0.00 0.00
  Sub-Total (A)(1) 9 4523374 4523374 40.09 36.59
(2) Foreign          
(a) Individuals (Non Resident Individu-als / Foreign Individuals 4 61300 61300 0.54 0.50
(b) Bodies Corporate 0 0 0 0.00 0.00
(c) Institutions 0 0 0 0.00 0.00
(d) Any Other (specify) 0 0 0 0.00 0.00
  Sub-Total (A)(2) 4 61300 61300 0.54 0.50
  Total shareholding of Promoter and Promoter Group (A)=(A)(1)+(A)(2) 13 4584674 4584674 40.63 37.09
(B) Public shareholding          
(1) Institutions          
(a) Mutual Funds/UTI 0 0 0 0.00 0.00
(b) Financial Institu - tions / Banks 0 0 0 0.00 0.00
(c) Central Govt/State Government(s) 0 0 0 0.00 0.00
(d) Venture Capital Funds 0 0 0 0.00 0.00
(e) Insurance Companies 0 0 0 0.00 0.00
(f) Foreign Institu - tional Investors 2 1363095 1363095 12.08 11.03
(g) Foreign Venture Capital Investors 0 0 0 0.00 0.00
(h) Any Other (specify) 0 0 0 0.00 0.00
  Sub-Total (B)(1) 2 1363095 1363095 12.08 11.03
(2) Non Institutions          
(a) Bodies Corporate 649 1268512 1202312 11.24 10.26
(b) Individuals - i.Individual shareholders holding nominal share capital up to Rs.1 lakh   9795 3040490 2913282 26.95 24.60
ii.Individual shareholders holding nominal share capital in excess of Rs.1 lakh 19 697418 663318 6.18 5.64
(c) Any Other (specify) NRIs 142 329697 329697 2.92 2.67
  Sub-Total (B)(2) 10605 5336117 5108609 47.29 43.17
  Total Public shareholding (B)=(B)(1)+(B)(2) 10607 6699212 6471704 59.37 54.20
  TOTAL (A)+(B) 10620 11283886 11056378 100.00 91.29
(C) Shares held by Custodians and against which Depository Receipts have been issued 1 1077066 1077066   8.71
  GRAND TOTAL (A)+(B)+(C) 10621 12360952 12133444   100.00
(I)(b)  Statement showing Shareholding of persons belonging to the category
         "Promoter and Promoter Group"
Sr. Name of the shareholder Number Shares as a percentage of total number of
No.   of shares shares {i.e., Grand Total (A)+(B)+(C)
      indicated in Statement at para (I)(a) above}
       
1 Chigurupati Krishna Prasad 2125217 17.19
2 C Krishna Prasad 1175000 9.51
3 Chigurupati Uma Devi 616000 4.98
4 Chigurupati Uma Devi 142000 1.15
5 Chigurupati Pragnya 149912 1.21
6 Chigurupati Priyanka 148612 1.20
7 Chigurupati Harsha 148123 1.20
8 Chigurupati Nageswara Rao 4610 0.04
9 Suseela Devi Chigurupati 13900 0.11
10 Sampath Kumar Ramanavarapu 15600 0.13
11 Sampath Kumar Ramanavarapu 6500 0.05
12 Ramanavarapu Shanthi Sree 21200 0.17
13 Ramanavarapu Shanthi Sree 18000 0.15
  TOTAL : 4584674 37.09
(I)(c)  Statement showing Shareholding of persons belonging to the category
         "Public" and holding more than 1% of the total number of shares
Sr. Name of the shareholder Number Shares as a percentage of total number of
No.   of shares shares {i.e., Grand Total (A)+(B)+(C)
      indicated in Statement at para (I)(a) above}
       
1 Goldman Sachs Investments (Mauritius) I Ltd., 766171 6.20
2 Morgan Stanley and Co. International Limited 596924 4.83
3 Allwyn Dsouza 208841 1.69
                      TOTAL : 1571936 12.72
(I)(d)  Statement showing details of locked-in shares
Sr. Name of the shareholder Number of Locked-in shares as a percentage of total
No.   locked-in no. of shares {i.e., Grand Total (A)+(B)+(C)
    shares indicated in Statement at para (I)(a) above}
       
1 Chigurupati Uma Devi 8318 0.07
2 Chigurupati Pragnya 4159 0.03
3 Chigurupati Priyanka 4159 0.03
4 Chigurupati Harsha 4159 0.03
                      TOTAL : 20795 0.17
(II)(a)  Statement showing details of Depository Receipts (DRs)
Sr. Type of Number of Number of Shares underlying outstanding DRs as a
No. outstanding DR outstanding shares percentage of total number of shares
    DRs underlying {i.e., Grand Total (A)+(B)+(C) indicated in
      outstanding Statement at para (I)(a) above}
      DRs  
         
1 GDRs 1077066 1077066 8.71
         
  TOTAL : 1077066 1077066 8.71