MIRA INFORM REPORT

Report Date :

12.08.2011

IDENTIFICATION DETAILS

Name :	MODERN THREADS (INDIA) LIMITED MODERN WOLLENS [A UNIT OF MODERN THREADS (INDIA) LIMITED]

Registered Office :	A-4, Vijay Path, Tilak Nagar, Jaipur – 302 004, Rajasthan

Country :	India

Financials (as on) :	31.03.2010

Date of Incorporation :	28.08.1980

Com. Reg. No.:	17-002075

Capital Investment / Paid-up Capital :	Rs.435.252 millions

CIN No.: [Company Identification No.]	L17115RJ1980PLC002075

TAN No.: [Tax Deduction & Collection Account No.]	JDHM04263A JDHM04778E

PAN No.: [Permanent Account No.]	AABCM1850A

Legal Form :	Public Limited Liability Company. Company’s Shares are listed on the stock Exchange.

Line of Business :	The Company is engaged in the manufacturing and marketing its products having range of grey, dyed and fancy yarns made of polyester viscose in various norms and applications.

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING

STATUS

PROPOSED CREDIT LINE

<10

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

Status :	Sick Unit

Payment Behaviour :	Slow and delayed

Litigation :	--

Comments :	The company has declared as a sick unit by Board for Industrial and Financial Reconstruction (BIFR). Payments are reported to be slow and delayed. The company can be considered for business dealings on a safe and secured 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)

India

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

LOCATIONS

Registered Office :	A-4, Vijay Path, Tilak Nagar, Jaipur – 302 004, Rajasthan, India
Tel. No.:	91-141- 2623431/ 2623432/ 2623433
E-Mail :	modernregd@datainfosys.net
Website :	http://www.modern-group.com

Corporate Headquarter :	68/ 69, Godavari, Poachkhanwala Road, Worli, Mumbai - 400 030, Maharashtra, India

Factory 1 :	Yarn Division: Village - Raila, District – Bhilwara - 311 024, Rajasthan, India
Tel. No.:	91-1487-273132 to 273135
Fax No.:	91-1487-273188
E-Mail :	modern4@sancharnet.in

Factory 2 :	Woollens Division: Hamirgarh Road, Bhilwara - 311 001, Rajasthan, India

Marketing Office 1 :	Mumbai Protoprima Chambers, 1 - Suren Road, Andheri (East), Mumbai, Maharashtra, India
Tel. No.:	91-22-28368955/ 28375440/ 28371035
Fax No.:	91-22-28368962
E-Mail :	mthreads@bol.net.in

Marketing Office 2 :	Delhi 709, Ansal Bhawan, 16, Kasturba Gandhi Marg, New Delhi - 110 001, India
Tel. No.:	91-11-23738692 to 23738694
Fax No.:	91-11-23740043
E-Mail :	modengrp@bol.net.in

Marketing Office 3 :	Bhilwara 13/14 Ganesh Temple Road, Gandhi Nagar, Bhilwara - 311 001, Rajasthan, India
Tel. No.:	91-1482-227147/ 226816/ 221364
Fax No.:	91-1482-227486

DIRECTORS

As on 31.03.2010

Name :	Mr. H.S. Ranka
Designation :	Chairman and Managing Director

Name :	Mr. Sachin Ranka
Designation :	Director

Name :	Mr. Arun Ramanathan
Designation :	Special Director (BIFR)

Name :	Mr. G.C. Baveja
Designation :	Director

Name :	Mr. R.R. Maheshwari
Designation :	Director

Name :	Mr. H.L. Sharma
Designation :	Director

Name :	Mr. S.B.L. Jain
Designation :	Director

Name :	Mr. M.L. Pamecha
Designation :	Executive Director

KEY EXECUTIVES

Name :	Mr. B.L. Saini
Designation :	Company Secretary

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

NOT AVAILABLE

BUSINESS DETAILS

Line of Business :

The Company is engaged in the manufacturing and marketing its products having range of grey, dyed and fancy yarns made of polyester viscose in various norms and applications.

Products :

Item Code No. (ITC Code)	Yarn
Product Description	551130.01
Item Code No. (ITC Code)	Woollen Carpet Yarn
Product Description	510710.04
Item Code No. (ITC Code)	Worsted Weaving Yarn
Product Description	550952.00

PRODUCTION STATUS (AS ON 31.03.2010)

Licenced Capacity: NA

Particulars	Unit	Installed Capacity
Synthetic Yarn	No. of Spindles	49232
Carpet Yarn	No. of Spindles	840
Worsted Yam	No. of Spindles	13752
Wool Tops	MT	2280

Particulars		Actual Production Qty. (MT)
Yarn (Including outside Conversion)		2165
Wool Tops - meant for sale		1079
Wool Tops-Captive		821

Includes Job -Yarn 134 MT, Wool Top 1045 MT

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

Not Available

Facilities :

Secured Loans	31.03.2010 Rs. In Millions	31.03.2009 Rs. In Millions
DEBENTURES
Optionally fully Convertible Debentures	173.347	173.347
Non - Convertible Redeemable Debentures	481.274	482.217
TERMS LOANS
From Financial Institutions
Rupee Loans	1017.729	1075.829
From Others	10.537	13.429
Accrued Interest Convertible into 16% Optionally Fully Convertible Debentures (OFCDs)	8.893	9.164
Bank Borrowings for Working Capital	60.570	144.770
Interest Accrued and due	823.210	798.261
Total	2575.560	2697.017

Notes:

1. Debentures, Term Loans from Financial Institutions/ Banks and accrued Interest convertible into 16% OFCD are secured/ to be secured by way of first charge and equitable mortgage of respective immovable properties both present and future consisting of land, building and plant and machinery and hypothecation of all movable assets of the Company ranking pari passu subject to prior charge in favour of the bankers against borrowings for working capital, which is further guaranteed by some of the directors.

2. Term loans from others taken under hire purchase scheme are secured against hypothecation of specific assets.

3. Bank borrowing for working capital amounting to Rs.60.570 millions settled and paid shown under the schedule of Current Assets, Loans and Advances.

4. Optionally Fully Convertible Debentures (OFCDs) were redeemable in 32 equal quarterly installments commencing from the quarter beginning April, 2000. The OFCD holders have right to convert such OFCD into equity shares of the Company at par at any time during the currency of repayment period.

5. a. Non Convertible Debentures amounting to Rs.394.783 millions were redeemable in 15/30 half yearly/quarterly installments commencing from 1^st October 2001 as per restructuring scheme approved in March 1998.

b. Non Convertible Debentures amounting to Rs.86.491 millions settled and paid, shown under the schedule of Current Assets, Loans and Advances.

6. Rupee Loan includes Rs.25.406 millions settled and paid, shown under the schedule of Current Assets, Loans and Advances.

Unsecured Loans	31.03.2010 Rs. In Millions	31.03.2009 Rs. In Millions
Fixed Deposits	77.615	81.196
Sales Tax Loan	0.428	0.428
Deferred sales tax	10.823	9.659
Interest accrued and due	84.843	84.860
Total	173.709	176.143

Notes:

1. Sales Tax loan from Rajasthan State Industrial Development and Investment Corporation Limited under interest free sales-tax loan scheme of the Government of Rajasthan is guaranteed by the Chairman and Managing Director of the Company.

2. Deferred sales tax is as per Sales Tax deferment Scheme 1987 being availed w.e.f. 02.03.2005 and repayable after 7 Years in Half yearly installments.


Banking Relations :	--

Auditors :
Name :	S.S. Surana and Company Chartered Accountants
Address :	Jaipur-302 015, Rajasthan, India

Related Party :	Modern Insulators Limited (Where Control Exists)

CAPITAL STRUCTURE

As on 31.03.2010

Authorised Capital :

No. of Shares	Type	Value	Amount
185000000	Equity Shares	Rs.10/- each	Rs.1850.000 millions
2000000	Preference Shares	Rs.100/- each	Rs.200.000 millions
	Total		Rs.2050.000 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
34775160	Equity Shares	Rs.10/- each	Rs.347.752 millions
75000	16.5% Cumulative Redeemable Preference Shares	Rs.100/- each	Rs.7.500 millions
800000	16% Cumulative Redeemable Preference Shares	Rs.100/- each	Rs.80.000 millions
	Total		Rs.435.252 millions

Note:

1. Equity capital includes 19442900 shares allotted in pursuance to the scheme of arrangement for reconstruction/amalgamation.

2. Preference Shares were redeemable in 4 equal annual installments commencing from the year 2003-04. The same will be redeemed as per rehabilitation scheme.

3. Equity Share Application money represents subscription pursuant to the restructuring/ settlement scheme. The necessary instruments will be issued on sanction of rehabilitation scheme by BIFR.

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		435.252	435.252	435.250
2] Share Application Money		145.000	145.000	60.000
3] Reserves & Surplus		941.339	941.339	0.000
4] (Accumulated Losses)		(3706.097)	(3732.294)	(4069.500)
NETWORTH		(2184.506)	(2210.703)	(3574.250)
LOAN FUNDS
1] Secured Loans		2575.560	2697.017	3981.290
2] Unsecured Loans		173.709	176.143	179.540
TOTAL BORROWING		2749.269	2873.160	4160.830
DEFERRED TAX LIABILITIES		0.000	0.000	0.000

TOTAL		564.763	662.457	586.580

APPLICATION OF FUNDS

FIXED ASSETS [Net Block]		390.167	424.340	456.370
Capital work-in-progress		0.000	0.000	0.000

INVESTMENT		0.046	0.067	0.070
DEFERREX TAX ASSETS		0.000	0.000	0.000

CURRENT ASSETS, LOANS & ADVANCES
	Inventories	143.904	115.840	149.440
	Sundry Debtors	59.698	77.602	72.590
	Cash & Bank Balances	43.635	12.649	21.490
	Interest accrued on investment	0.014	0.027	16.140
	Loans, Advances and Deposits	210.140	309.536	153.270
Total Current Assets		457.391	515.654	412.930
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	163.456	165.271	264.830
	Other Current Liabilities	99.941	94.356
	Provisions	19.444	17.977	17.960
Total Current Liabilities		282.841	277.604	282.790
Net Current Assets		174.550	238.050	130.140

MISCELLANEOUS EXPENSES		0.000	0.000	0.000

TOTAL		564.763	662.457	586.580

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2010	31.03.2009	31.03.2008
	SALES
		Net Sales	768.707	845.530	828.920
		Other Income	2.397	2.857	0.830
		TOTAL	771.104	848.387	829.750

Less	EXPENSES
		Increase/Decrease in Stock	(3.887)	3.811	948.290
		Material Cost	470.615	535.427
		Employees Cost	67.239	60.943
		Operational and Other Expenses	244.325	262.637
		TOTAL	778.292	862.818	948.290

	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION		(7.188)	(14.431)	(118.540)

Less/ Add	DEPRECIATION/ AMORTISATION		37.578	38.743	38.820

	PROFIT/ (LOSS) BEFORE TAX		(44.766)	(53.174)	(157.360)

Less	TAX		(70.963)	(1331.719)	0.380

	PROFIT/ (LOSS) AFTER TAX		26.197	1278.545	(157.740)

Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		(3732.294)	(5010.839)	NA

	BALANCE CARRIED TO THE B/S		(3706.097)	(3732.294)	NA

	EARNINGS IN FOREIGN CURRENCY
		FOB Value of Exports	455.600	559.977	NA
	TOTAL EARNINGS		455.600	559.977	NA

	IMPORTS
		Raw Materials	314.577	358.862	NA
		Stores & Spares	10.750	10.068	NA
	TOTAL IMPORTS		325.327	368.930	NA

	Earnings Per Share (Rs.)
	- Basic		0.75	36.77	NA
	- Diluted		0.53	30.59	NA

KEY RATIOS

PARTICULARS		31.03.2010	31.03.2009	31.03.2008
PAT / Total Income	(%)	3.40	150.70	(19.01)

Net Profit Margin (PBT/Sales)	(%)	(5.82)	(6.29)	(18.98)

Return on Total Assets (PBT/Total Assets}	(%)	(5.28)	(5.66)	(18.10)

Return on Investment (ROI) (PBT/Networth)		0.02	0.02	0.04

Debt Equity Ratio (Total Liability/Networth)		(1.39)	(1.43)	(1.24)

Current Ratio (Current Asset/Current Liability)		1.62	1.86	1.46

LOCAL AGENCY FURTHER INFORMATION

HISTORY:

1980 - The Company was incorporated as Subject, a Public Limited Company on 28^th August. The Company was jointly promoted by the Rajasthan State Industrial Development and Investment Corporation, Limited (RIICO) and Shri H.S. Ranka.

The Company Manufacture industrial yarn and sewing thread.

1981 - The company envisaged to expand its spindleage by 12,436 spindles.

1982 - 70 shares taken by subscribers to the Memorandum of Association.7,54,000 shares allotted to RIICO and 5,26,930 taken up by H.S. Ranka, his friends etc. 12,30,000 shares offered to the public in November 1981.

1983 - The Company added additional capacity of 4,760 spindles. To overcome the power shortage, one more diesel generating set of 350 KVA was installed.

- With a view to diversifying part of its capacity towards spinning of man-made fibres, the Company undertook to set up a balancing and diversification scheme. This scheme was implemented during 1985.

1986 - With a view to manufacture synthetic dyed and fancy yarns, the Company undertook a scheme.

1987 - The Company decided to completely switch over from cotton to synthetic spinning to arrest mounting losses in cotton section.

1988 - In order to improve the quality of synthetic blended yarn for export, the Company installed sophisticated machines.

- The Company had set up a new 100% EOU consisting of 6,720 spindles at its existing site at Raila for the manufacture of synthetic blended yarn.

1991 - During August, the Company offered 2,51,000-14% fully convertible debentures of Rs 150 each as rights in proportion 1 equity : 1debenture. Only 1,76,252 debentures taken up. The balance of 74,748 debentures, along with permitted retention of 37,650 debentures were allotted privately.

- Another 12,500-14% fully convertible debentures were offered to employees, etc. but none were taken. All this employees quota was allowed to lapse. Each debentures of the face value of Rs.150 was to be fully converted into 10 equity shares of Rs.10 each at a premium of Rs 5 per share on 21.4.1992.

1992 - 2,886,500 No. of equity shares allotted on conversion of debentures.

1994 - The Company undertook modernisation cum expansion scheme in yarn division for setting up a new unit under EPCG scheme for an installed capacity of 25,344 spindles and to increase the existing installed capacity from 23,888 spindles to 25,808 spindles alongwith modernisation of the existing unit for manufacture of synthetic blended grey, dyed and fancy yarns.

- 99,35,760 No. of equity shares allotted (prem. Rs.30 per share) on right basis in prop. 2:5, 1,94,42,900 No. of Equity shares allotted (prem. of Rs 25 per share) to Modern Woollen Limited, and Suneel Textile Mills Limited on amalgamation as per order of Rajasthan High Court.

1995 - The Company was in the process of setting up a fully Integrated and international size project to manufacture 170,000 TPA of Paraxylene (PX) and 2,50,000 TPA of Purified Terephthalic Acid in technical collaboration of the world renowned UOP Inter Americana of U.S.A. for PX and INCA International, a Subsidiary of DOW chemicals, U.S.A. for PTA.

- Authorised Capital increased. 8,00,000-16% Pref. shares of Rs.100 each allotted through private placement.

1996 - PX and PTA project could not be implemented due to lack of requisite finances.

BUSINESS DESCRIPTION:

Subject is an India-based company. The Company is engaged in the manufacturing and marketing its products having range of grey, dyed and fancy yarns made of polyester viscose in various norms and applications. The Company operates in three business segments: woolen, yarn and others. The woolen segment includes worsted yarn, carpet yarn and wool tops. The yarn segment includes synthetic yarn. The Company’s products include raw white, dyed and fancy polyester/viscose blended yarn, 100% polyester spun yarn, 100% viscose spun yarn, polyester sewing threads in single, double and multifold yarn. The Company’s products are exported to France, Egypt, Turkey, Syria and Tanzania. The Company’s clients include branded names of mill sectors and buyers from unorganised sector of Rajasthan, Punjab, Gujarat and Maharashtra. For the fiscal year ended 31 march 2009, subject's revenue decreased 8% to RS 775M. Net Loss decreased 17% to Rs44.8M. Revenue reflects decrease in income from sales and higher other income. Lower loss reflects a decrease in administration expenses, lower finance expenses, a fall in other manufacturing expenses, decrease in selling and distribution and a decrease in depreciation charges.

OPERATIONS:

The Woollen division of the Company has been operating reasonably over past few years, despite of stiff competition in domestic and international markets and has maintained the turnover of Rs.770.000 millions inspite of sluggish demand of Woollen Worsted Yarn from various countries. The Company has suffered net loss of Rs.44.800 millions during the year against Rs.53.700 millions during the previous year. The Directors are unable to declare any dividend for the year due to losses suffered by the Company. The production facilities of the Company at Raila plant remained closed during whole of the year on account of continuing strike by the workers and sealing of the entire plant and machinery by Ajmer Vidyut Vitran Nigam Limited.

EXPORTS:

The exports of the Woollen division during the year has suffered setback mainly because of higher wool prices and poor off take from overseas countries due to recession all over the world. The division could achieve export turnover of Rs.460.000 millions during the year as against Rs.560.000 millions in previous year. The decline in exports have also affected adversely the performance of the Company. Despite of adverse features, the Woollen division of the Company is one of the major exporter of the Woollen worsted yarn from the country. The Woollen division has also initiated the efforts in developing newer international market for spreading its overseas business.

FUTURE PROSPECTS:

The worsted yarn segment of Textile Industry is moving ahead and likely to grow fast in coming years. The turn of Woollen as a fashion fabric in global as well as domestic markets, coupled with renewed attention on speciality and high value added yarns will be strong growth drivers for woollen division of the Company. The ongoing efforts of management for improving operational efficiency, cost reduction and better management of available financial resources is expected 'to bring in improved performance of woollen division in future, The possibility to restart of yarn division of the Company seems to be very difficult and PTA division of the Company remains abandoned as desired by the lenders.

RESTRUCTURING OF DEBTS AND REFERENCE TO BIFR:

The Company is making continuous efforts for settlement of dues of the secured lenders and working capital bankers which includes reschedulement, one time settlement, waiver of entire penal and compound interest. So far about 97% of the secured lenders have settled their dues and as per settlements, the payments are being made by the Company. Settlements during the year has resulted into write back of principal and interest and have been included in the exceptional items shown in the financial results. The Company is making continuous efforts for settlement with remaining secured lenders.

As reported in the previous year, the Company has been declared 'Sick' by the Hon'ble BIFR and SBI has been appointed as Operating Agency. The Company is now in process of discussing settlement of dues of remaining secured creditors so as to file OTS based scheme to Hon'ble BIFR.

CONTINGENT LIABILITIES NOT PROVIDED FOR: (As on 31.03.2010)

(a) Bank Guarantees and Letter of credits outstanding Rs.0.418 million against which Rs.0.418 million paid as margin.

(b) Bills discounted with banks Rs. Nil.

(d) Disputed demand for excise and customs Rs.7.706 millions and other demands by Government Department Rs.6.500 millions against which amount paid Rs.0.516 million and Rs.0.423 million respectively.

(e) Sales Tax demand against various assessment years disputed by the Company Rs.25.118 millions against which amount paid Rs.0.180 million.

(f) Claims not acknowledged as debts by the company Rs.84.844 millions.

(g) In respect of restructured debts future payment obligation are to be fulfilled as stipulated, failing which the original liability will fall back with interest and penal interest, amount of which is not ascertainable.

FIXED ASSETS:

v Leasehold Land

v Freehold Land

v Buildings

v Plant and Machinery

v Furniture and Fixtures

v Office Equipments

v Vehicles

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

1] INFORMATION ON DESIGNATED PARTY

No 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.45.27
UK Pound	1	Rs.73.33
Euro	1	Rs.64.58

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	-

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.

MIRA INFORM REPORT

143.904

59.698

43.635

0.014

210.140

457.391

163.456

99.941

19.444

282.841

174.550

3.40

150.70

(19.01)

(5.82)

(6.29)

(18.98)

(5.28)

(5.66)

(18.10)

0.02

0.02

0.04

(1.39)

1.62

Unit