Granules India Limited has announced an Extra-Ordinary General Meeting (EGM) to be held on Thursday, January 22, 2026, at 11:30 AM IST through Video Conferencing. The EGM will consider and approve two significant preferential issues. The first item on the agenda is the issuance of up to 2,50,00,000 (Two Crores Fifty Lakhs) warrants convertible into equity shares. These warrants will be issued on a preferential basis at a price of ₹585 each, aggregating to ₹1,462.50 Crores. The warrants are convertible into equity shares within a maximum period of 18 months from the date of allotment. The second item concerns the issuance of up to 51,28,205 (Fifty-One Lakhs Twenty-Eight Thousand Two Hundred and Five) Equity Shares on a preferential basis for cash, also at a price of ₹585 per share, aggregating up to ₹300 Crores. The full consideration for these shares will be payable at the time of allotment. The relevant date for determining the price for both issues is December 23, 2025. The remote e-voting period for the EGM will commence on Monday, January 19, 2026, and conclude on Wednesday, January 21, 2026. Shareholders as of the cut-off date, Thursday, January 15, 2026, will be eligible to cast their votes electronically.
