Granules India Ltd. — Capital/Financing Update 2019

Apr 18, 2019

REGISTERED OFFICE

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

Dated April 18, 2019

To, National Stock Exchange of India Limited BSE Limited Symbol: NSE: GRANULES; BSE: 532482

Sub: Press Release

Dear Sir,

Please find herewith a copy of Press Release issued by the Company for receiving the approval from US FDA for the Abbreviated New Drug Application (ANDA) filed by Granules Pharmaceuticals, Inc., a wholly owned foreign subsidiary of Granules India Limited.

This is for your information and dissemination to the members of the exchange.

Thanking You.

Yours sincerely,

For GRANULES INDIA LIMITED

COMPLIANCE OFFICER)

Encl as above

Hess Release

Granules Pharmaceuticals inc. received US WA approval for Acetaminophen 650 mg, Extended Release Tablet;

Hyderabad, April 18, 2019: Granules lndia Ltd, today announced that, the US FDA has approved its Abbreviated New Drug Application (ANDA) for Acetaminophen 650 mg Tablets, Extended Release, bioequivalent to the reference listed drug product (RiD), Tylenol 650mg tablets, Extended Release. The ANDA was filed by Granules Pharmaceuticals Inc, a wholly owned subsidiary of Granules lndia Limited.

Acetaminophen 650 mg extended release tablets are. used primarily for temporary pain management including arthritis relief

"The addition of Acetaminophen 650mg, extended release tablets to our OTC portfolio leverages several components of our value proposition. Granules' is the only supplier that is backward integrated up to the API on this product. Our vertically integrated approach will enable us to provide a highwquality, cost—efficient product that benefit consumers. With a capacity of over 24,000 mt/year of Acetaminophen AM and finished dosage capacity of more than 18 billion units/year, we are confident that we will ensure supply security to our customers which will support us to capture our target market share," said Mr. Krishna Prasad Chigurupati, Chairman & Managing Director ofGranules lndia.

About Granules lndia Ltd. (BSE: 532482, NSli: GRANULES)

Granules lndia is a growing pharmaceutical manufaduring company with best in class facilities and is committed to operational excellence, quality and customer service. The Company produces Finished Dosages (FDs), Pharmaceutical Formulation intermediates (PFls) and Active li'harmaceutical Ingredients (APIs) which gives the customers flexibility and choice. Granules support customers with unique value, extensive product range, and proactive solutions. The Company's global presence extends to over 250 Customers in (30 countries through offices in India, U.S., and U.i<, The Company has 8 manufacturing facilities out or which 6 are located in india, 1 in China and 1 in USA and has regulatory approvals from US FDA, EDQM, EU GMP, COFEPRIS, WHO (3MP, TGA, |< FDA, DEA, IVlCC and HALAL

Contacts: Sumanta Bajpayee Chaitanya "l'urnmala Head ~~ Corporate Finance & investor Relations Company Secretary 04080663572 Odo-30663614 sumanta.bajpayeeCQgranulesindiacom cliaitanyarummala@granulesindiacom