Granules India strengthens renewables, expands european footprint

Granules India Limited announced the outcome of its board meeting on November 13, 2025, revealing key strategic approvals. The board approved the unaudited consolidated and standalone financial results for the second quarter and half year ended September 30, 2025. Additionally, the company is acquiring a 100% equity stake in Optus 1039 GmbH, Germany, for €28,400 to establish a wholly-owned subsidiary for pharmaceutical business and strategic entry into the European B2C segment.

In a move towards sustainability, Granules India will acquire up to 26% of the equity share capital in M/s. Renpow Narayankhed Private Limited for ₹13.74 crores and M/s. Renpow Kalyandurg Private Limited for ₹3.50 crores. These investments aim to secure renewable energy for its Telangana and Andhra Pradesh facilities, reducing energy costs and enhancing operational stability. Both Renpow entities are newly incorporated and belong to the renewable energy sector, with acquisitions expected to finalize by December 2025.