This is with reference to the financial results submitted on May 11, 2017 for the financial year ended March 31, 2017 and SEBI Notification No. SEBI/ LAD-NRO/GN/2016-17/001 dated 25th May, 2016, we hereby declare that Granules India Limited has received a clean audit report with unmodified opinion for the financial year ended March 31, 2017 from the independent auditors, 'M/s. Kumar & Giri, Chartered Accountants, firm registration no. 001584S' vide Independent Auditors Report dated May 11, 2017.
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