GRAPHITE INDIA LIMITED

(Formerly Carbon Everflow Limited)

SHAREHOLDING PATTERN AS ON 31.03.2003

CATEGORY

NO.OF SHARES HELD

PERCENTAGE OF

SHAREHOLDING

A

Promoter's Holding

1

Promoters

Indian Promoters

14761251

50.24

Foreign Promoters

250000

0.85

2

Persons acting in concert

Sub-Total

15011251

51.09

B

Non-Promoters Holding

3

Institutional Investors

a

Mutual Funds and UTI

17056

0.06

b

Banks, Financial Institutions,

Insurance Companies(Central/

State Govt. Institutions

Non-Govt.Institutions

3792503

12.91

c

FII's

5100

0.02

Sub-Total

3814659

12.99

4

Others

a

Private Corporate Bodies

2853547

9.71

b

Indian Public

5089029

17.32

c

NRIs/ OCBs

537634

1.83

d

Any Other(Foreign Company)

2073125

7.06

Sub-Total

10553335

35.92

GRAND TOTAL

29379245

100%

Total Foreign Shareholding

No. of shares

Foreign Promoters

250000

0.85

FIIs

5100

0.02

NRIs/ OCBs

537634

1.83

Foreign Company

2073125

7.06

Total

2865859

9.76

We do not have GDR and ADR holdings.

Details of shareholders holding more than 1% shares of the Company as on 31.03.2003

NAME

No. of Shares

%

A

Promoters Holding

Indian Promoters

Likhami Leasing Limited

7614346

25.92

 The Emerald Co. Limited

2782063

9.47

The Bond Co. Limited

1562475

5.32

H.L.Investment Co. Limited

1193739

4.06

Guardian Leasing Limited

390434

1.33

Bangur Charitable Company

322868

1.10

3(b)

Financial Institutions

Life Insurance Corporation of India

1339829

4.56

General Insurance Corporation of India

719239

2.45

The New India Assurance Co. Ltd.

592537

2.02

National Insurance Co. Ltd

479185

1.63

The Oriental Insurance Co.Ltd

361305

1.23

4

Others

             a

Private Corporate Bodies

 Patton Limited

737596

2.51

 Patton Electro Limited

300300

1.02

d

 Any Other ( ForeignCompany)

Acrewood Management Limited

2073125

7.06