Granules India Ltd

No immediate exit plans by Promoters

Management response on exit news

Given the exceptional business performance of the company over last 2-3 years and its strong growth prospects, the promoters were approached by many external agencies for value unlocking ideas and the promoters engage with many such specialist in their personal capacity. However, currently there are no concrete plans of an exit by the promoters and any potential future plans in this direction would be properly communicated to the regulators and shareholders. The promoters are fully engaged in the business and are committed to Granules future growth prospects.

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