MIRA INFORM REPORT
|
Report Date : |
16.04.2011 |
IDENTIFICATION DETAILS
|
Name : |
ABHEDYA INDUSTRIES LIMITED |
|
|
|
|
Registered
Office : |
Survey No. 160, Kothur Industrial Estate, Hyderabad-509228, Andhra
Pradesh |
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|
Country : |
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|
|
Financials (as
on) : |
31.03.2010 |
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|
|
|
Date of
Incorporation : |
11.10.2002 |
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|
|
|
Com. Reg. No.: |
01-39757 |
|
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|
|
CIN No.: [Company
Identification No.] |
U24134AP2002PLC039757 |
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|
|
Legal Form : |
Closely held public limited liability company |
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|
|
Line of Business
: |
Manufacturer of BOPP film and other Polymer films. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (45) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 440000 |
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|
Status : |
Satisfactory |
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|
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
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|
Comments : |
Subject is an established company having satisfactory track. Trade
relations are reported as fair. Business is active. Payments are reported to be
usually correct and as per commitments.
The company can be considered normal for business dealings at usual
trade terms and conditions. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – April 1, 2010
|
Country Name |
Previous Rating (31.12.2009) |
Current Rating (01.04.2010) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
INFORMATION DECLINED BY
|
Name : |
Mr. Debabrata Roy |
|
Designation : |
Senior General Manger |
|
Contact No.: |
91-9490491101 |
|
Date : |
16.04.2011 |
LOCATIONS
|
Registered
Office / Factory : |
Survey No. 160, Kothur Industrial Estate, Hyderabad-509228, |
|
Tel. No.: |
91-8548-256112 / 2257924 / 35 / 25 /201106 / 07 / 08 / 09 / 201015 |
|
Fax No.: |
91-8548-256113 / 201054 |
|
E-Mail : |
|
|
Website : |
DIRECTORS
As on 16.09.2010
|
Name : |
Mr. Ravinder Kumar Agarwal |
|
Designation : |
Director |
|
Address : |
10-5-17, Masabtank, |
|
Date of
Birth/Age : |
09.04.1964 |
|
Date of
Appointment : |
11.10.2002 |
|
|
|
|
Name : |
Mr. Ramesh Kumar Agarwal |
|
Designation : |
Director |
|
Address : |
8-2-647/B/24 Plot No. 24, Sri Nagar Co-operative Society, Road 13, Banjara
Hills, |
|
Date of
Birth/Age : |
12.06.1953 |
|
Date of
Appointment : |
11.10.2002 |
|
|
|
|
Name : |
Mr. Rajendra Kumar Agarwal |
|
Designation : |
Director |
|
Address : |
Plot # 874, Road # 45, Jubilee Hills, |
|
Date of
Birth/Age : |
10.10.1959 |
|
Date of
Appointment : |
11.10.2002 |
|
|
|
|
Name : |
Mr. Kedarnath Agarwal |
|
Designation : |
Director |
|
Address : |
Plot # 779, Road # 39, Jubilee Hills, Hyderabad – 500033, Andhra
Pradesh, India |
|
Date of
Birth/Age : |
04.03.1950 |
|
Date of
Appointment : |
11.10.2002 |
|
|
|
|
Name : |
Mr. Mohanlal Agarwal |
|
Designation : |
Director |
|
Address : |
6-3-1186/A/1, Begumpet, |
|
Date of
Birth/Age : |
01.06.1944 |
|
Date of
Appointment : |
11.10.2002 |
|
|
|
|
Name : |
Mr. Anil Kumar Agarwal |
|
Designation : |
Director |
|
Address : |
6-3-1186/A/1, Begumpet, |
|
Date of Birth/Age : |
15.03.1964 |
|
Date of Appointment : |
11.10.2002 |
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|
|
|
Name : |
Mr. Ravindra Kumar Agarwal |
|
Designation : |
Director |
|
Address : |
6-3-1186/A/1, Begumpet, |
|
Date of Birth/Age : |
26.04.1962 |
|
Date of Appointment : |
11.10.2002 |
|
|
|
|
Name : |
Mr. Sushil Kumar Agarwal |
|
Designation : |
Director |
|
Address : |
6-3-1186/A/1, Begumpet, |
|
Date of Birth/Age : |
24.09.1975 |
|
Date of Appointment : |
11.10.2002 |
|
|
|
|
Name : |
Mr. Adarsh Kumar Agarwal |
|
Designation : |
Director |
|
Address : |
II. No.8-2-674/2/B/4/24, Sai Nagar Co-operative Society, Road 13,
Banjara Hills, |
|
Date of Birth/Age : |
10.12.1977 |
|
Date of Appointment : |
08.01.2004 |
|
|
|
|
Name : |
Mr. Kapil Kumar Agarwal |
|
Designation : |
Director |
|
Address : |
6-3-1186/A/1, Begumpet, |
|
Date of Birth/Age : |
11.06.1983 |
|
Date of Appointment : |
15.04.2003 |
|
|
|
|
Name : |
Mr. Vimal Agarwal |
|
Designation : |
Director |
|
Address : |
Plot No. 779, Road No. 39, Jubilee Hills, |
|
Date of Birth/Age : |
01.06.1973 |
|
Date of Appointment : |
30.09.2005 |
|
|
|
|
Name : |
Mr. Gaurav Kumar Agarwal |
|
Designation : |
Director |
|
Address : |
6-3-1186/A/1, Begumpet, |
|
Date of Birth/Age : |
17.06.1984 |
|
Date of Appointment : |
30.09.2005 |
KEY EXECUTIVES
|
Name : |
Mr. Debabrata Roy |
|
Designation : |
Senior General Manger |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 16.09.2010
|
Names of Shareholders |
|
No. of Shares |
|
Anil Kumar Agarwal |
|
14000 |
|
Mohanlal Agarwal |
|
100000 |
|
Kedarnath Agarwal |
|
690000 |
|
Ramesh Kumar Agarwal |
|
495000 |
|
Rajendra Kumar Agarwal |
|
225000 |
|
Ravinder Kumar Agarwal |
|
660000 |
|
Ravinder Kumar Agarwal |
|
4000 |
|
Sushil Kumar Agarwal |
|
20000 |
|
Leo Laminates Private Limited, |
|
1250000 |
|
Meenakshi Paper Mills Private Limited, |
|
320000 |
|
Padmavati Ply Private Limited, |
|
250000 |
|
Premalatha Agarwal |
|
120000 |
|
Kapil Kumar Agarwal |
|
36000 |
|
Gaurav Agarwal |
|
5000 |
|
Nirmala Agarwal |
|
160000 |
|
Adarsh Kumar Agarwal |
|
135000 |
|
Vimal Kumar Agarwal |
|
10000 |
|
Vikas Kumar Agarwal |
|
110000 |
|
Mohanlal Agarwal – HUF |
|
85000 |
|
Ravindra Kumar Agarwal – HUF |
|
41000 |
|
Sheetal Agarwal |
|
5000 |
|
Kavita Agarwal |
|
15000 |
|
Anitha Agarwal |
|
250000 |
|
|
|
|
|
Total |
|
5000000 |
As on 16.09.2010
|
Equity Share Breakup |
|
Percentage of Holding |
|
Category |
|
|
|
Bodies
corporate |
|
36.40 |
|
Directors
or relatives of directors |
|
63.60 |
|
Total |
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of BOPP film and other Polymer films. |
PRODUCTION STATUS (AS ON 31.03.2010)
|
Particulars |
Unit |
Installed
Capacity |
Actual
Production |
|
BOPP and Met Film |
MT |
6600.00 |
3828.90 |
GENERAL INFORMATION
|
No. of Employees : |
Information denied by the management. |
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Bankers : |
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Facilities : |
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Banking
Relations : |
-- |
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Auditors : |
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|
Name : |
Chartered Accountants |
|
Address : |
3-6-542/2, Himayath Nagar, |
|
Tel. No.: |
91-40-27638964 / 27675007 |
CAPITAL STRUCTURE
As on 16.09.2010
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
6000000 |
Equity Shares |
Rs.10/- each |
Rs.60.000 Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
5000000 |
Equity Shares |
Rs.10/- each |
Rs.50.000
Millions |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
50.000 |
50.000 |
46.000 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
60.498 |
45.911 |
34.905 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
110.498 |
95.911 |
80.905 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
133.362 |
114.298 |
148.557 |
|
|
2] Unsecured Loans |
0.000 |
31.392 |
41.557 |
|
|
TOTAL BORROWING |
133.362 |
145.690 |
190.114 |
|
|
DEFERRED TAX LIABILITIES |
19.838 |
17.707 |
15.019 |
|
|
|
|
|
|
|
|
TOTAL |
263.698 |
259.308 |
286.038 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
158.604 |
162.110 |
165.469 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
52.208
|
48.483
|
77.520
|
|
|
Sundry Debtors |
36.721
|
37.221
|
61.136
|
|
|
Cash & Bank Balances |
1.351
|
0.197
|
0.134
|
|
|
Other Current Assets |
14.964
|
19.123
|
4.682
|
|
|
Loans & Advances |
33.388
|
10.419
|
13.789
|
|
Total
Current Assets |
138.632
|
115.443
|
157.261 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
26.350
|
14.483 |
32.913 |
|
|
Other Current Liabilities |
2.278
|
1.733
|
1.756
|
|
|
Provisions |
4.979
|
2.120
|
2.137
|
|
Total
Current Liabilities |
33.607
|
18.336
|
36.806
|
|
|
Net Current Assets |
105.025
|
97.107
|
120.455
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.069 |
0.091 |
0.114 |
|
|
|
|
|
|
|
|
TOTAL |
263.698 |
259.308 |
286.038 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
456.360 |
416.236 |
365.626 |
|
|
|
Other Income |
0.804 |
1.700 |
0.424 |
|
|
|
TOTAL (A) |
457.164 |
417.936 |
366.050 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Raw Material Consumed |
341.439 |
297.411 |
296.793 |
|
|
|
Manufacturing Expenses |
46.840 |
31.469 |
34.570 |
|
|
|
Administrative Expenses |
22.942 |
19.820 |
18.029 |
|
|
|
Preliminary Expenses |
0.023 |
0.023 |
0.023 |
|
|
|
|
|
|
349.415 |
|
|
|
Increase/(Decrease) in Finished Goods |
0.032 |
26.748 |
(29.775) |
|
|
|
TOTAL (B) |
411.276 |
375.471 |
319.640 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
45.888 |
42.465 |
46.410 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
14.891 |
17.753 |
20.100 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
30.997 |
24.712 |
26.310 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
9.299 |
8.879 |
8.658 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
21.698 |
15.833 |
17.652 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
7.111 |
4.827 |
4.769 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
14.587 |
11.006 |
12.883 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
45.911 |
34.905 |
22.022 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
60.498 |
45.911 |
34.905 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Direct Exports |
1.095 |
20.105 |
14.673 |
|
|
|
Deemed Exports |
46.603 |
8.309 |
18.931 |
|
|
TOTAL EARNINGS |
47.698 |
28.414 |
33.604 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Raw Materials |
177.987 |
54.364 |
53.818 |
|
|
|
Machinery, Spares and Components |
6.251 |
0.022 |
0.829 |
|
|
TOTAL IMPORTS |
184.238 |
54.386 |
54.647 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
2.92 |
2.20 |
NA |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
PAT / Total Income |
(%) |
3.19
|
2.63 |
3.52 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
4.75
|
3.80 |
4.83 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
7.30
|
5.70 |
5.47 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.20
|
0.17 |
0.22 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
1.51
|
0.00 |
2.80 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
4.12
|
6.30 |
4.27 |
LOCAL AGENCY FURTHER INFORMATION
Details of Sundry Creditors:
|
Particulars |
31.03.2010 (Rs. in millions) |
31.03.2009 (Rs. in millions) |
31.03.2008 (Rs. in millions) |
|
Sundry Creditors |
|
|
|
|
Creditors For Raw
Material |
22.306 |
10.266 |
26.132 |
|
Creditors For
Capital Goods |
0.614 |
1.114 |
1.537 |
|
Creditors For
Expenses |
3.430 |
3.103 |
5.244 |
|
Total |
26.350 |
14.483 |
32.913 |
Financial Results:
During the year, the company has achieved a Gross Income of Rs.457.164
Millions (Previous year Rs.417.935 Millions) and after providing for Interest
and depreciation has resulted in Net Profit before tax of Rs.21.698 Millions
(Previous year Rs. 15.833 Millions)
Bankers Charges
Report as per Registry
|
This form is for |
Modification of
charge |
|
Charge
identification number of the modified |
10179231 |
|
Corporate
identity number of the company |
U24134AP2002PLC039757 |
|
Name of the
company |
ABHEDYA
INDUSTRIES LIMITED |
|
Address of the
registered office or of the principal place of business in |
Survey No. 160, Kothur Industrial Estate, Hyderabad-509228, |
|
Type of charge |
Book Debts Floating Charge Others |
|
Particular of
charge holder |
ING Vysya Bank Limited, 8-2-120-76-1-B, Ground Floor, Ashoka Hitech
Chambers, Road No. 2, Banjara Hills, Hyderabad – 500034, Andhra Pradesh,
India |
|
Email |
|
|
Nature of
description of the instrument creating or modifying the charge |
Letter of renewal |
|
Date of
instrument Creating the charge |
16.12.2009 |
|
Amount secured by
the charge |
Rs.230.000
Millions |
|
Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest WCDL (Sub limit
to ODSIT/BD) Fresh : IVRR-7.25%p.a No change for
other facilities. Terms of
Repayment WCDL (Sub limit
to ODSIT/BD) Fresh : On Demand No change for
other facilities. Margin WCDL (Sub limit
to ODSIT/BD) Fresh: 25% on stocks and debtors. No change for
other facilities. Extent and
Operation of the charge WCDL (Sub limit
to ODSIT/BD) Fresh No change for
other facilities. First charge on entire
stocks and Book debts of the company both present and future. |
|
Short particulars
of the property charged |
I)
Hypothecation
on entire stocks stored/ to be stored at Survey no. 160, Kothur Industrial
Estate Mahaboobnagar District, Hyderabad - 509228 or any where else from time
to time. II)
Hypothecation
on entire book debts of the company both present and future. III)
No
change for other securities charged to existing securities and are continuing
for fresh facilities also. |
|
Particulars of the
present modification |
There is no
change in the total limit of Rs.230.000 Millions. The limit of WCDL (Sublimit
to ODSIT/BD) Fresh of Rs.50.000 Millions) has been sanctioned. All other terms
and conditions are remain same. |
Fixed Assets
- Land
- Building
- Plant and
Machinery
- Electrical
Equipments
- Vehicles
- Furniture
- Computers
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
1] INFORMATION ON
DESIGNATED PARTY
No records exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist organization
or whom notice had been received that all financial transactions involving
their assets have been blocked or convicted, found guilty or against whom a
judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction registered
against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling shareholders,
director, officer or employee of the company is a government official or a
family member or close business associate of a Government official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on Corporate
Governance to identify management and governance. These factors often have been
predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.52 |
|
|
1 |
Rs.72.72 |
|
Euro |
1 |
Rs.64.41 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--MARGINS |
-5~5 |
- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
45 |
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
- |
NB |
New Business |
- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.