(I)(a)  Statement showing Shareholding Pattern:
Name of the Company:     Granules India Limited
Scrip Code:  532482                                                             Quarter ended:  31st December 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 39.05 36.54
(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 39.05 36.54
(2) Foreign          
(a) Individuals (Non Resident Individu-als / Foreign Individuals 4 61300 61300 0.53 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 0.53 0.50
  Total shareholding of Promoter and Promoter Group (A)=(A)(1)+(A)(2) 13 4584674 4584674 39.57 37.03
(B) Public shareholding          
(1) Institutions          
(a) Mutual Funds/UTI 0 0 0 0.00 0.00
(b) Financial Institu - tions / Banks 2 3010 3010 0.03 0.02
(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 0.05 0.05
(f) Foreign Institu - tional Investors 2 1363095 1363095 11.77 11.01
(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) 5 1372461 1372461 11.85 11.09
(2) Non Institutions          
(a) Bodies Corporate 554 1050720 984520 9.07 8.49
(b) Individuals - i.Individual shareholders holding nominal share capital up to Rs.1 lakh    12057 3550072 3425064 30.64 28.67
ii.Individual shareholders holding nominal share capital in excess of Rs.1 lakh 16 677061 642961 5.84 5.47
(c) Any Other (specify) NRIs 174 349818 349818 3.02 2.83
  Sub-Total (B)(2) 12801 5627671 5402363 48.58 45.46
  Total Public shareholding (B)=(B)(1)+(B)(2) 12806 7000132 6774824 60.43 56.54
  TOTAL (A)+(B) 12819 11584806 11359498 100.00 93.57
(C) Shares held by Custodians and against which Depository Receipts have been issued 1 795766 795766   6.43
  GRAND TOTAL (A)+(B)+(C) 12820 12380572 12155264   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 17.17
2 C Krishna Prasad 1175000 9.49
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 37.03
(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 6.19
2 Morgan Stanley and Co. International Limited 596924 4.82
3 Allwyn Dsouza 208841 1.69
4 Tejal Manish Naik 144117 1.16
                      TOTAL : 1716053 13.86
(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 795766 795766 6.43
         
  TOTAL : 795766 795766 6.43