Phoenix India Acquisition Corp. (PXIAU) [Rocket]

Date	Name	Title	Type	Security	Shares	Price	Value	Ownership	Reported
04/05/2006	Wadekar Shekhar	Exec. VP, Treas. & Sec.	Exercise	Stock Option (Right to Buy)	5.5k	$0.00	$0	The Morningstar Trust	04/05/2006
04/05/2006	Wadekar Shekhar	Exec. VP, Treas. & Sec.	Exercise	Stock Option (Right to Buy)	21.9k	$0.00	$0	The Luna Trust	04/05/2006
04/05/2006	Wadekar Shekhar	Exec. VP, Treas. & Sec.	Exercise	Stock Option (Right to Buy)	21.9k	$0.00	$0	The Aurora Trust	04/05/2006
04/05/2006	Wadekar Shekhar	Exec. VP, Treas. & Sec.	Gift	Common Stock	16k	$0.00	$0	The Shekhar Wadekar IRA Rollover	04/05/2006
04/05/2006	PHANSALKAR ROHIT	Executive Vice President	Grant	Warrant (Right to Buy)	1.1k	$5.00	$5.5k	By Daughter	04/05/2006
04/05/2006	PHANSALKAR ROHIT	Executive Vice President	Grant	Warrant (Right to Buy)	50.4k	$5.00	$252k		04/05/2006
04/05/2006	PHANSALKAR ROHIT	Executive Vice President	Exercise	Stock Option (Right to Buy)	1.1k	$0.00	$0	By Daughter	04/05/2006
04/05/2006	PHANSALKAR ROHIT	Executive Vice President	Exercise	Stock Option (Right to Buy)	50.4k	$0.00	$0		04/05/2006
04/05/2006	PHANSALKAR ROHIT	Executive Vice President	Gift	Common Stock	16k	$0.00	$0		04/05/2006
04/05/2006	Panjwani Raju	Chairman of the Board	Grant	Warrant (Right to Buy)	54.8k	$5.00	$274.1k		04/05/2006
04/05/2006	Panjwani Raju	Chairman of the Board	Exercise	Stock Option (Right to Buy)	54.8k	$0.00	$0		04/05/2006
04/05/2006	Akella Ramesh	Pres. & Chief Strategy Ofcr.	Grant	Warrant (Right to Buy)	61.9k	$5.00	$309.7k		04/05/2006
04/05/2006	Akella Ramesh	Pres. & Chief Strategy Ofcr.	Exercise	Stock Option (Right to Buy)	61.9k	$0.00	$0		04/05/2006
04/05/2006	Wadekar Shekhar	Exec. VP, Treas. & Sec.	Grant	Warrant (Right to Buy)	21.9k	$5.00	$109.6k	The Aurora Trust	04/05/2006
04/05/2006	Wadekar Shekhar	Exec. VP, Treas. & Sec.	Grant	Warrant (Right to Buy)	21.9k	$5.00	$109.6k	The Luna Trust	04/05/2006
04/05/2006	Wadekar Shekhar	Exec. VP, Treas. & Sec.	Grant	Warrant (Right to Buy)	5.5k	$5.00	$27.5k	The Morningstar Trust	04/05/2006