Granules India has announced the approval of its unaudited financial results for Q2 FY26, the acquisition of optus 1039, GmBH in Germany, and investments in renewable energy projects. The company will acquire up to 26% equity stake in M/s. Renpow Narayankhed Private Limited and M/s. Renpow Kalyandurg Private Limited to boost renewable energy access.
Financial Results Approved
The Board of Directors has approved the unaudited consolidated and standalone financial results for the second quarter and half year ended September 30, 2025 (Q2 FY26).
Acquisition in Germany
Granules India has approved the acquisition of 100% equity stake in M/s. optus 1039, GmBH, located in Frankfurt, Germany, for EUR 28,400 (INR 29,09,296 approximately). This acquisition will establish a wholly-owned subsidiary in Germany, enabling the company’s strategic entry into the B2C segment in the European region. The acquisition is expected to be completed by the end of December 2025, pending regulatory approvals.
Investments in Renewable Energy
The company has approved investments to acquire up to 26% of the equity share capital in two special-purpose vehicles:
- M/s. Renpow Narayankhed Private Limited: An investment of up to INR 13.74 Crores will be made to acquire up to 26% stake.
- M/s. Renpow Kalyandurg Private Limited: An investment of up to INR 3.50 Crores will be made to acquire up to 26% stake.
These investments are aimed at accessing renewable energy for the company’s facilities and its subsidiary, Granules Lifesciences Private Limited, resulting in reduced energy costs and enhanced energy security. The acquisitions are expected to be completed by the end of December 2025.
The investment in Renpow Narayankhed Private Limited is expected to be completed within one year, paid in four tranches.
Details of Target Entities
optus 1039, GmBH was incorporated on July 15, 2025, and has not yet commenced business. It will serve as a wholly owned subsidiary for Granules India in Germany.
Renpow Narayankhed Private Limited was incorporated on November 05, 2025 and is engaged in generating and supplying renewable energy.
Renpow Kalyandurg Private Limited was incorporated on November 03, 2025 and is engaged in generating and supplying renewable energy.
Source: BSE
