PCBL Chemical Limited — Capital/Financing Update 2021

Jun 18, 2021

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18[th] June, 2021

The Manager, Listing Department, National Stock Exchange of India Ltd, BSE Ltd., Exchange Plaza, 1[[st]] Plot No. – C – 1, G Block, Bandra – Kurla Complex, P.J. Towers, Bandra (East), Mumbai – 400051

The General Manager, Department of Corporate Services, 1[[st]] Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort, Mumbai – 400001

Dear Sir,

Sub: Credit Rating for Bank facilities

We refer to the letter received from Care Ratings bearing Reference No. – CARE/KRO/RL/2021-22/1317 dated 18[th] June, 2021 with regard to the afore-mentioned subject. The Rating Committee of CARE Ratings, after due consideration, has reviewed the following ratings:

Facilities	Amount (Rs. Crores)	Rating	RatingAction
Long Term bank facilities	550.00	CARE AA; Stable (Double A; Outlook: Stable)	Revised from CARE AA-; Stable (Double A Minus; Outlook: Stable)
Long Term / Short Term bank facilities	1,850.00	CARE AA; Stable/CARE A1+ (Double A; Outlook: Stable / A One Plus)	Revised from CARE AA-; Stable / CARE A1+ (Double A Minus; Outlook: Stable / A One Plus)
Total Facilities	2,400.00 (Rs. Two Thousand Four Hundred Crore only)

We request you to take the afore-mentioned information on record.

Thanking You,

Yours faithfully,

For Phillips Carbon Black Limited

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K. Mukherjee

Company Secretary and Chief Legal Officer

Phillips Carbon Black Limited Corporate Office

RPSG House, 2/4 Judges Court Road, 4th Floor, Kolkata - 700 027, India. T: +91 33 4087 0500/ 0600

Phillips Carbon Black Limited Registered Office

Duncan House, 31 Netaji Subhas Road, Kolkata - 700001, India T: +91 33 6625 1461-64. Fax: +91 33 2248 0140/ 2243 6681 E-mail: pcbl@rpsg.in. U: www.pcblltd.com CIN: L23109WB1960PLCO24602