(I)(a)  Statement showing Shareholding Pattern:
Name of the Company:     Granules India Limited
Scrip Code:  532482                                                             Quarter ended:  31st March 2008
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	14	5132764	5132764	26.34	25.59
(b)	Central Govt/State Government(s)	0	0	0	0.00	0.00
(c)	Bodies Corporate	2	749127	682927	3.84	3.73
(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)	16	5881891	5815691	30.19	29.33
(2)	Foreign
(a)	Individuals (Non Resident Individu-als / Foreign Individuals	3	54800	54800	0.28	0.27
(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)	3	54800	54800	0.28	0.27
	Total shareholding of Promoter and Promoter Group (A)=(A)(1)+(A)(2)	19	5936691	5870491	30.47	29.60
(B)	Public shareholding
(1)	Institutions
(a)	Mutual Funds/UTI	0	0	0	0.00	0.00
(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	4	1095579	1095579	5.62	5.46
(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)	6	1103935	1103935	5.67	5.50
(2)	Non Institutions
(a)	Bodies Corporate - Domestic	446	786257	786257	4.04	3.92
	Foreign Bodies Corporate	3	6448845	2057578	33.10	32.15
(b)	Individuals - i.Individual shareholders holding nominal share capital up to Rs.1 lakh	19282	4109142	3998133	21.09	20.49
	ii.Individual shareholders holding nominal share capital in excess of Rs.1 lakh	22	446037	411937	2.29	2.22
(c)	Any Other (specify) NRIs	583	653207	653207	3.35	3.26
	Sub-Total (B)(2)	20336	12443488	7907112	63.86	62.04
	Total Public shareholding (B)=(B)(1)+(B)(2)	20342	13547423	9011047	69.53	67.54
	TOTAL (A)+(B)	20361	19484114	14881538	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)	20362	20057154	15454578		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	10.60
2	C Krishna Prasad		1000180	4.99
3	C Krishna Prasad		501073	2.50
4	C Krishna Prasad		194037	0.97
5	Chigurupati Uma Devi		616000	3.07
6	Chigurupati Uma Devi		142000	0.71
7	Chigurupati Pragnya		149912	0.75
8	Chigurupati Pragnya		21000	0.10
9	Chigurupati Priyanka		148612	0.74
10	Chigurupati Priyanka		21000	0.10
11	Chigurupati Harsha		148123	0.74
12	Chigurupati Harsha		44000	0.22
13	Chigurupati Nageswara Rao		6610	0.03
14	Suseela Devi Chigurupati		15000	0.07
15	Sampath Kumar Ramanavarapu		15600	0.08
16	Ramanavarapu Shanthi Sree		21200	0.11
17	Ramanavarapu Shanthi Sree		18000	0.09
18	Triton Securities Private Limited		682927	3.40
19	Tyche Technologies Pvt Ltd		66200	0.33
	TOTAL :		5936691	29.60
(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	11.02
2	Ridgeback Capital Asia Ltd.,		2180067	10.87
3	International Finance Corporation		2057578	10.26
4	Goldman Sachs Investments (Mauritius) I Ltd.,		546762	2.73
5	Morgan Stanley and Co. International Limited		521083	2.60
6	Allwyn Dsouza		241537	1.20
	TOTAL :		7758227	38.68
(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	11.02
2	Ridgeback Capital Asia Ltd.,		2180067	10.87
3	International Finance Corporation		2057578	10.26
4	Chigurupati Krishna Prasad		1194217	5.95
	TOTAL :		7643062	38.11
(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