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              Phillips Carbon Black Ltd has announced that the Allotment Committee of the Baord of Directors of the Company met on October 17, 2006 to allot 35,00,000 Equity Shares on preferential basis to the following private equity investors:
1. Meenakshi Mercantile Ltd - 7,00,000 shares.
2. Anjana Projects Ltd - 8,00,000 Shares.
3. Silvercross Marketing Pvt Ltd - 15,00,000 shares.
4. ICICI Bank Ltd - 5,00,000 shares.