Granules India: Monitoring Agency Reports No Deviation in Preferential Issue Use

Granules India Ltd has submitted its Monitoring Agency Report for the quarter ended March 31, 2026, as required by SEBI regulations. The report, prepared by India Ratings & Research Private Limited, confirms that there was no deviation from the stated objects regarding the utilization of proceeds raised through the Company's Preferential Issue. This conclusion is based on management undertakings and a certificate from the Statutory Auditor, S.R. Batliboi & Associates LLP. The filing ensures compliance with Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 162A of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.