(I)(a)  Statement showing Shareholding Pattern:
Name of the Company:     Granules India Limited
Scrip Code:  532482                                                             Quarter ended:  31st December 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 14 5718691 5718691 29.35 28.51
(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) 14 5718691 5718691 29.35 28.51
(2) Foreign          
(a) Individuals (Non Resident Individu-als / Foreign Individuals 4 56300 56300 0.29 0.28
(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 56300 56300 0.29 0.28
  Total shareholding of Promoter and Promoter Group (A)=(A)(1)+(A)(2) 18 5774991 5774991 29.64 28.79
(B) Public shareholding          
(1) Institutions          
(a) Mutual Funds/UTI 1 148516 148516 0.76 0.74
(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 1193308 1193308 6.12 5.95
(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) 7 1350180 1350180 6.93 6.73
(2) Non Institutions          
(a) Bodies Corporate - Domestic 590 1090117 1023917 5.59 5.44
  Foreign Bodies Corporate 3 6448845 2057578 33.10 32.15
(b) Individuals - i.Individual shareholders holding nominal share capital up to Rs.1 lakh    15483 3615263 3486134 18.55 18.02
ii.Individual shareholders holding nominal share capital in excess of Rs.1 lakh 23 611812 577712 3.14 3.05
(c) Any Other (specify) NRIs 399 592906 592906 3.04 2.96
  Sub-Total (B)(2) 16498 12358943 7738247 63.43 61.62
  Total Public shareholding (B)=(B)(1)+(B)(2) 16505 13709123 9088427 70.36 68.35
  TOTAL (A)+(B) 16523 19484114 14863418 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) 16524 20057154 15436458   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 11.38
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  1500 0.01
16 Ramanavarapu Shanthi Sree 21200 0.11
17 Ramanavarapu Shanthi Sree 18000 0.09
  TOTAL : 5774991 28.79
(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., 644491 3.21
5 Morgan Stanley and Co. International Limited 521083 2.60
6 Allwyn Dsouza 236821 1.18
                      TOTAL : 7851240 39.14
 
(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
(II)(b)  Statement showing Holding of Depository Receipts (DRs), where underlying shares
          are in excess of 1% of the total number of shares
Sr. Name of the DR Type of Number of Shares underlying outstanding DRs as a
No. Holder outstanding shares percentage of total number of shares 
    DR underlying {i.e., Grand Total (A)+(B)+(C) indicated in
      outstanding Statement at para (I)(a) above}
      DRs  
         
         
  Data not available.
         
         
  TOTAL :