16 Sep 2026
Granules India received the balance Rs 1,093 crore from its promoter group, making 2.49 crore convertible warrants eligible for conversion.
With Rs 365.63 crore paid upfront, the issue is fully funded and the company expects to turn net cash surplus on a consolidated basis. The promoter had sold shares for about Rs 1,500 crore four days earlier.
12 Sep 2026
Granules India's promoter sold 1.72 crore shares for about Rs 1,500 crore, taking the promoter group to 31.08 percent from 38.02 percent.
The proceeds fund the second tranche of the company's own preferential issue, so the stake cut puts money into Granules rather than taking it out. Capital Group, Kotak Life and ChrysCapital bought.
06 Jul 2026
Granules India secured sole first-to-file ANDA status for sodium oxybate extended-release for oral suspension.
First-to-file gives a period of US marketing exclusivity, and this is a high-value, hard-to-make product. It lifts the US specialty pipeline.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.