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Phillips Carbon Black Ltd.

BSE: 506590 Sector: Industrials
NSE: PHILIPCARB ISIN Code: INE602A01023
BSE 16:00 | 17 May 209.05 2.60
(1.26%)
OPEN

209.00

HIGH

213.40

LOW

206.15

NSE 15:59 | 17 May 209.05 2.45
(1.19%)
OPEN

208.65

HIGH

213.45

LOW

206.20

OPEN 209.00
PREVIOUS CLOSE 206.45
VOLUME 105754
52-Week high 219.70
52-Week low 68.35
P/E 11.54
Mkt Cap.(Rs cr) 3,603
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 209.00
CLOSE 206.45
VOLUME 105754
52-Week high 219.70
52-Week low 68.35
P/E 11.54
Mkt Cap.(Rs cr) 3,603
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Phillips Carbon Black Ltd. (PHILIPCARB) - Chairman Speech

Company chairman speech

Differentiated thinking drives value creation

Dear Shareholders

India remains one of the most attractive economies of the world with stablegovernance focus on wide-ranging reforms and robust macro-economic fundamentals. A numberof factors such as steady government reforms ease of doing business infrastructurecreation and digital outreach have helped accelerate the country's growth trajectory.

Operating in a largely supportive economy we are positioned to grow significantly witha comprehensive portfolio that touches lives in different ways. We are expanding ourcapacities strengthening our supply chain network fortifying customer relationships andwidening our portfolio across rubber and specialty applications.

Our research and innovation is more than just a business strategy for us it sits atthe core of our DNA. It defines who we are and what is our roadmap for sustainable valuecreation. Our four in-house R&D units are recognised by the Department of Scientificand Industrial Research (DSIR). We commissioned a new state-of-the-art Research andDevelopment Centre at Palej Gujarat in FY 2018-19.

Our research and innovation focus touches all aspects of our operational canvas fromenhancing manufacturing processes adding new product features to introducing newofferings and application areas. Moreover we are planning to set up a research anddevelopment facility outside India which will develop innovative products.

We are fortifying our specialty black offerings to strengthen our exports footprint. Inall that we do our teams remain at the heart of our value-creation process. We areconstantly investing in the development of our teams to drive innovation. Besides we arebuilding a leadership pipeline to elevate the organisation to the next growth orbit.

Our Board has declared an interim dividend of 175% (? 3.50 per share) on the face valueof ? 2 per share for the financial year ended 31st March 2019. We are committed togenerate exceptional and enduring value for our customers shareholders employees and thecommunities where we operate.

As we look ahead I am confident that our industry leadership and investments positionus to deliver sustainable growth in step with a growing India.

Thank you for your continued encouragement and support.

Yours sincerely

Sanjiv Goenka

.