PCBL Chemical Limited — Capital/Financing Update 2021

Apr 23, 2021

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Date:- 23[rd] April, 2021

The Manager, The General Manager, Listing Department, Department of Corporate Services, National Stock Exchange of India Ltd, BSE Ltd., Exchange Plaza, 1[st] Floor, New Trading Ring, Plot No. – C – 1, G Block, Rotunda Building, Bandra – Kurla Complex, P.J. Towers, Bandra (East), Dalal Street, Fort, Mumbai – 400051 Mumbai – 400001 Dear Sir,

Sub:- ICRA assigned Credit Rating for Rs. 500 crore Commercial Paper (CP) Programme of Phillips Carbon Black Limited

We refer to the letter received from ICRA Limited having Ref No.: ICRA/KOL/RA/2021-22/39 dated 22[nd] April, 2021 with regard to the captioned subject. The Rating Committee of ICRA, after due consideration, has assigned a short-term rating of [ICRA]A1+ (pronounced ICRA A one plus) to the captioned Commercial Paper (“Rating”).

The same is for your necessary information and record please.

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