Granules India Ltd. — Board/Management Information 2019

Mar 29, 2019

REGISTERED OFFICE

GRANULES INDIA LTD., 2nd Floor, 3rd Block, My Home Hub, Madhapur, Hyderabad - 500 081, Telangana, INDIA. Tel: +91 40 30660000, Fax: +91 40 23115145, mai|@granu|esindia.com, www.granu|esindia.com CIN: L24110T61991PLC012471

Date: 29'" March 2019

To National Stock Exchange oflndia Limited & BSE Limited. Scrip Code: NSE- GRANULES; ESE-532482.

Sub: Outcome of 189"I Board meeting dated 29"I March, 2019. Ref: Regulation 30 of the Listing Regulations.

Dear Sir,

The Board of Directors at their meeting has -

• 1. Approved the retirement of Mr. L.S. Sarma, Mr. A.P. Kurian and Dr. Krishna Murthy Ella, Non-executive - Independent Directors of the Company from the Board since the current term as Independent Directors is completing on March 31, 2019.
• 1. Approved the re-appointment of Mr. C. Parthasarathy and Mr. A. Arun Rao as Nonexecutive — Independent Directors of the Company for the second term of 5 (five) consecutive years with effect from April 1, 2019 and their re-appointment is subject to approval of the shareholders.
• 1. Appointed Ms. Jyothi Prasad as an Additional Director, categorized as Independent, on the Board of the Company with effect from April 1, 2019 and her appointment is subject to approval of the shareholders.

We have enclosed the brief profile of Ms. .lyothi Prasad, Additional Director.

The meeting ofthe Board of Directors of the Company commenced at 10.00 AM and concluded at 3.30 PM.

Request you to take the above information on record. Thanking You. Yours faithfully,

of". CL") new /' CHAITANYA TUM . 4 . (COMPANY SECRET . COMPLIANCE OFFICER Encl: As above

Brief profile of Ms. Jyothi Prasad

Ms. Jyothi Prasad, aged 55 Years, is an independent consultant in the area of financial advisory services including Mergers & Acquisitions and fund raising.

She holds a Bachelor of Laws degree from the University of Mumbai (Gopaldas Advani College), Post Graduate Diploma in Management fi'om Indian Institute of Management (IIM), Ahmedabad and a Master of Commerce degree from the University of Madras. She was a Chevening Gurukul Scholar at the London School of Economics in 2000.

She has more than 30 years of wide—ranging investment banking experience, having worked on diverse assignments both in senior management positions of leading investment banks in India and as an independent consultant since 2008 to the present. She was also associated as an independent consultant with a boutique infrastructure investment advisory firm lridis Advisory Services for assisting them on certain oftheir advisory mandates. She is at present, associated as a Senior Advisor with Sparrow Advisory, a boutique provider of PE and M&A advice and is involved in their assignments from time to time.

Her primary experience is in the areas of fund raising such as IPOs and Rights Issues, private equity, M&A and advisory transactions for both Indian corporates and foreign corporates.

The organizations she has worked for prior to becoming an independent consultant include SBI Capital Markets, Peregrine Capital, NM Rothschild (India) and American Orient Capital Markets in various capacities relating to investment banking/corporate finance.

Ms. Jyothi Prasad serves on the board of directors, as an independent woman director, of karvy Stock Broking Limited, Karvy Financial Services Limited and Krishna Institute of Medical Sciences (KIMS) Limited.

Ms. Jyothi Prasad is not directly or indirectly related to any one ofthe Directors ofthe Company.