(I)(a)  Statement showing Shareholding Pattern:
Name of the Company:     Granules India Limited
Scrip Code:  532482                                                             Quarter ended:  30th September 2007
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 13 5718691 4718511 29.37 28.53
(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) 13 5718691 4718511 29.37 28.53
(2) Foreign          
(a) Individuals (Non Resident Individu-als / Foreign Individuals 4 61300 61300 0.31 0.31
(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 0.31 0.31
  Total shareholding of Promoter and Promoter Group (A)=(A)(1)+(A)(2) 17 5779991 4779811 29.69 28.84
(B) Public shareholding          
(1) Institutions          
(a) Mutual Funds/UTI 1 181221 181221 0.93 0.90
(b) Financial Institu - tions / Banks 1 2000 2000 0.01 0.01
(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 1 6356 6356 0.03 0.03
(f) Foreign Institu - tional Investors 5 1929308 1929308 9.91 9.63
(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) 8 2118885 2118885 10.88 10.57
(2) Non Institutions          
(a) Bodies Corporate - Domestic 465 865097 798897 4.44 4.32
  Foreign Bodies Corporate 3 6448845 2057578 33.13 32.18
(b) Individuals - i.Individual shareholders holding nominal share capital up to Rs.1 lakh    12723 3086366 2969957 15.85 15.40
ii.Individual shareholders holding nominal share capital in excess of Rs.1 lakh 23 659812 625712 3.39 3.29
(c) Any Other (specify) NRIs 308 509098 509098 2.62 2.54
  Sub-Total (B)(2) 13522 11569218 6961242 59.43 57.73
  Total Public shareholding (B)=(B)(1)+(B)(2) 13530 13688103 9080127 70.31 68.30
  TOTAL (A)+(B) 13547 19468094 13859938 100.00 97.14
(C) Shares held by Custodians and against which Depository Receipts have been issued 1 573040 573040   2.86
  GRAND TOTAL (A)+(B)+(C) 13548 20041134 14432978   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 C Krishna Prasad 2283217 11.39
2 Chigurupati Krishna Prasad 2125217 10.60
3 Chigurupati Uma Devi 616000 3.07
4 Chigurupati Uma Devi 86000 0.43
5 Chigurupati Uma Devi 56000 0.28
6 Chigurupati Pragnya 149912 0.75
7 Chigurupati Pragnya 21000 0.10
8 Chigurupati Priyanka 148612 0.74
9 Chigurupati Priyanka 21000 0.10
10 Chigurupati Harsha 148123 0.74
11 Chigurupati Harsha 44000 0.22
12 Chigurupati Nageswara Rao 4610 0.02
13 Suseela Devi Chigurupati 15000 0.07
14 Sampath Kumar Ramanavarapu  15600 0.08
15 Sampath Kumar Ramanavarapu  6500 0.03
16 Ramanavarapu Shanthi Sree 21200 0.11
17 Ramanavarapu Shanthi Sree 18000 0.09
  TOTAL : 5779991 28.84
(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 ISP Investco LLC 2211200 11.03
2 Ridgeback Capital Asia Ltd., 2180067 10.88
3 International Finance Corporation 2057578 10.27
4 Citigroup Global Markets Mauritius Pvt Ltd., 736000 3.67
5 Goldman Sachs Investments (Mauritius) I Ltd., 644491 3.22
6 Morgan Stanley and Co. International Limited 492091 2.46
7 Allwyn Dsouza 235141 1.17
                      TOTAL : 8556568 42.70
(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 ISP Investco LLC 2211200 11.03
2 Ridgeback Capital Asia Ltd., 2180067 10.88
3 International Finance Corporation 2057578 10.27
4 Chigurupati Uma Devi 758000 3.78
5 Chigurupati Pragnya 149912 0.75
6 Chigurupati Priyanka 148612 0.74
7 Chigurupati Harsha 148123 0.74
8 Chigurupati Krishna Prasad 1194217 5.96
                      TOTAL : 8847709 44.15
(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 573040 573040 2.86
         
  TOTAL : 573040 573040 2.86