MIRA
INFORM REPORT
|
Report Date : |
19.08.2011 |
IDENTIFICATION DETAILS
|
Name : |
AEGIS INFOWARE PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
230, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2010 |
|
|
|
|
Date of
Incorporation : |
23.06.2006 |
|
|
|
|
Com. Reg. No.: |
04-48546 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.0.100 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U72100GJ2006PTC048546 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
AHMA07034G |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAFCA7944P |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Trader of Computer and Computer
Peripherals. |
|
|
|
|
No. of Employees
: |
40 [Approximately] |
RATING & COMMENTS
|
MIRA’s Rating : |
B (26) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Recently Started Commercial Activities |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Though the company was incorporated in the year 2006, the company has
commence its business activities in April, 2010. The company has achieved
sizable turnover in its very first year of operation. Trade relations are
reported as fair. Business is active. Payment terms are unknown. The company can be considered for business dealings with some caution.
|
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
INFORMATION PARTED BY
|
Name : |
Mr. Deepak Kadia |
|
Designation : |
Accounts Manager |
|
Contact No.: |
91-9974444511 |
|
Date : |
16.08.2011 |
LOCATIONS
|
Registered Office : |
230, Platinum Plaza, Opposite IOC Petrol Pump, Judges Bunglow Road,
Bodakdev, Ahmedabad-380015, Gujarat, India |
|
Tel. No.: |
91-79-66097903 / 4 |
|
Fax No.: |
91-79-66097903 / 26731004 |
|
Mobile No.: |
91-9725073477 (Mr. Manish Acharya) |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
1500 Sq.ft. |
|
Location : |
Owned |
|
|
|
|
Branch Office : |
|
DIRECTORS
AS ON 30.09.2010
|
Name : |
Mr. Atul Rajarambhai Shah |
|
Designation : |
Director |
|
Address : |
806, Rajgarden, New Vikash Gruh, Paldi, Ahmedabad-380007, |
|
Date of Birth/Age : |
19.10.1967 |
|
Date of Appointment : |
23.06.2006 |
|
Din : |
00311081 |
|
Other
Directorship : |
Aditya Informatics Private Limited |
|
|
|
|
Name : |
Mr. Manish Harishbhai Acharya |
|
Designation : |
Director |
|
Address : |
A/4, Satellite Plaza, Row House, Opposite Akar Society, P. N. Road, Satellite,
Ahmedabad-380015, Gujarat, India |
|
Date of Birth/Age : |
16.05.1970 |
|
Date of Appointment : |
23.06.2006 |
|
DIN : |
00311222 |
|
Other
Directorship : |
Aditya Informatics Private Limited |
|
|
|
|
Name : |
Mr. Nirav Yashvant Jani |
|
Designation : |
Director |
|
Address : |
Manjula Deep, Plot No.1214/1, Sector 7d, Gandhinagar-382007, |
|
Date of Birth/Age : |
14.06.1973 |
|
Date of Appointment : |
23.06.2006 |
|
DIN : |
00337159 |
|
Other
Directorship : |
Skyscraper Infotech Private Limited |
|
|
|
|
Name : |
Mrs. Sharmilee Manishbhai Acharya |
|
Designation : |
Independent Director |
|
Address : |
A/4, Satellite Plaza, Row House, Opposite Akar Society, P. N. Road,
Satellite, Ahmedabad-380015, |
|
Date of Birth/Age : |
04.09.1971 |
|
Date of Appointment : |
24.03.2010 |
|
DIN : |
03012063 |
|
|
|
|
Name : |
Mrs. Seema Atul Shah |
|
Designation : |
Independent Director |
|
Address : |
806, Raj Garden Apartment, New Vikash Gruh Road, Paldi,
Ahmedabad-380007, Gujarat, India |
|
Date of Birth/Age : |
16.02.1968 |
|
Date of Appointment : |
24.03.2010 |
|
DIN : |
00311014 |
KEY EXECUTIVES
|
Name : |
Mr. Deepak Kadia |
|
Designation : |
Accounts Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2010
|
Names of Shareholders |
No. of Shares |
|
Atul Rajarambhai Shah |
3500 |
|
Manish Harishbhai Acharya |
3500 |
|
Nirav Yashvantrai Jani |
3000 |
|
|
|
|
Total |
10000 |
(AS ON 30.09.2010)
|
Category |
|
Percentage |
|
|
|
|
|
Directors or relatives of directors |
|
100.00 |
|
|
|
|
|
Total
|
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Trader of Computer and Computer
Peripherals. |
|
|
|
|
Agencies Held : |
|
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit (25 to 30 Days) |
|
|
|
|
Purchasing : |
Cash and Credit (21 Days) |
GENERAL INFORMATION
|
Customers : |
|
|
|
|
|
No. of Employees : |
40 [Approximately] |
|
|
|
|
Bankers : |
|
|
|
|
|
Facilities : |
Cash Credit : Rs.70.000 millions
[From HDFC Bank] |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
D. G. Patel and Company Chartered Accountant |
|
Address : |
5/A, Dineshnagar Society, Near Naranpura Railway Crossing,
Ahmedabad-380013, |
|
|
|
|
Associates/Subsidiaries : |
Name: Aditya Infomatix Private Limited Address: Ahmedabad, Line of Business: Dealer,
Exporter and Importer of Authorized Dealer of Computer
Peripherals. Name: Aditya Peripherals Address: Ahmedabad, Line of Business: Dealer,
Exporter and Importer of Authorized Dealer of Computer Peripherals. Name : Aegis Infoware |
CAPITAL STRUCTURE
AS ON 30.09.2010
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10,000 |
Equity Shares |
Rs.10/- Each |
Rs.0.100 million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10,000 |
Equity Shares |
Rs.10/- Each |
Rs.0.100 million |
|
|
|
|
|
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 |
0.100 |
0.100 |
0.100 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
[0.007] |
0.000 |
0.000 |
|
|
NETWORTH |
0.093 |
0.100 |
0.100 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
0.000 |
0.000 |
0.000 |
|
|
2] Unsecured Loans |
0.000 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
0.000 |
0.000 |
0.000 |
|
|
DEFERRED TAX LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
0.093 |
0.100 |
0.100 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
0.000 |
0.000 |
0.000 |
|
|
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 |
0.477 |
0.000 |
0.000 |
|
|
Sundry Debtors |
0.000 |
0.000 |
0.000 |
|
|
Cash & Bank Balances |
0.074
|
0.078
|
0.080 |
|
|
Other Current Assets |
0.000 |
0.000 |
0.000 |
|
|
Loans & Advances |
0.024 |
0.000 |
0.000 |
|
Total
Current Assets |
0.575
|
0.078
|
0.080 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
0.510
|
0.006
|
0.006 |
|
|
Other Current Liabilities |
0.000 |
0.000 |
0.000 |
|
|
Provisions |
0.000 |
0.000 |
0.000 |
|
Total
Current Liabilities |
0.510
|
0.006
|
0.006 |
|
|
Net Current Assets |
0.65
|
0.072
|
0.074 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.028 |
0.028 |
0.026 |
|
|
|
|
|
|
|
|
TOTAL |
0.093 |
0.100 |
0.100 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
|
|
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
|
|
|
|
|
Other Income |
|
|
|
|
|
|
TOTAL (A) |
|
|
0.478 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Office Expenses |
|
|
|
|
|
|
Administrative Expenses |
|
|
|
|
|
|
Advertising Expenses |
|
|
|
|
|
|
TOTAL (B) |
|
|
0.485 |
|
|
|
|
|
|
|
|
Less |
PROFIT/LOSS
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
|
|
[0.007] |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES / INTEREST (D) |
|
|
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT/LOSS
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
|
|
[0.007] |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
|
|
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT / LOSS
BEFORE TAX (E-F) (G) |
|
|
[0.007] |
|
|
|
|
|
|
|
|
|
Less |
TAX (I) |
|
|
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT / LOSS
AFTER TAX (G-I) (J) |
|
|
[0.007] |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
|
|
[0.007] |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
PAT / Total Income |
(%) |
[1.46]
|
NA |
NA |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
[1.22]
|
NA |
NA |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
[0.07]
|
NA |
NA |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
5.48
|
0.06 |
0.06 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.13
|
13.00 |
13.33 |
LOCAL AGENCY FURTHER INFORMATION
SUNDRY CREDITORS DETAIL
(Rs. In Millions )
|
Particulars |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
Sundry Creditors for Expenses |
0.009
|
0.006
|
0.006 |
|
Sundry Creditors for Goods |
0.501
|
0.000
|
0.000 |
|
Total |
0.510
|
0.006
|
0.006 |
Trade References :
- Ingram Micro India Private Limited
- Redington India Limited
FINANCIAL RESULTS
Current year is the first year of the company to start commercial
activity and thus of profit and loss account hence previous year figures are
not available
Bankers Charges Report as per Registry
|
Corporate
identity number of the company |
U72100GJ2006PTC048546 |
|
Name of the
company |
AEGIS INFOWARE
PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
230, Platinum Plaza, Opposite IOC Petrol Pump, Judges Bunglow Road,
Bodakdev, Ahmedabad-380015, Gujarat, India |
|
This form is for |
Modification of
charge |
|
Charge identification (ID) number of the charge to be modified |
10220972 |
|
Type of charge |
|
|
Particular of
charge holder |
HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel
West, Mumbai-400013, Maharashtra, India Email ID: RBBform8@hdfcbank.com
|
|
Nature of
instrument creating charge |
Supplementary
Letter of Hypothecation |
|
Date of
instrument Creating the charge |
30.07.2011 |
|
Amount secured by
the charge |
Rs.70.000
millions |
|
Brief of the principal
terms an conditions and extent and operation of the charge |
Rate of Interest Interest at the
rate as may be communicated by the Bank from time to time. Terms of
Repayment On Demand Margin As may be
stipulated by the bank from time to time. Extent and
Operation of the charge Hypothecation by
way of First Charge on Company's Stocks, Book Debts etc., to secure as a
continuing security for the repayment of Rs.70.000 millions, together with
interest, costs, charges, expenses and other moneys due and payable by the
Company to the Bank. |
|
Short particular
of the property or asset(s) charged |
Stock in Trade,
consisting of raw materials, goods in process of manufacturing finished
goods, and other merchandise whatsoever being movable properties All the debts,
that is, all the book debts, outstanding, monies receivables, claims, bills, invoice documents, contracts,
guarantees, and rights |
|
Date of last modification prior to the present modification |
02.02.2011 |
|
Particulars of the present modification |
The Charge shall
now stand increased from to Rs. 50.000 millions to Rs. 70.000 millions
against the security of Stocks and
Book Debts of the Company. |
Bankers Charges Report as per Registry
|
Corporate
identity number of the company |
U72100GJ2006PTC048546 |
|
Name of the
company |
AEGIS INFOWARE
PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
230, Platinum Plaza, Opposite IOC Petrol Pump, Judges Bunglow Road,
Bodakdev, Ahmedabad-380015, Gujarat, India |
|
This form is for |
Creation of
charge |
|
Type of charge |
Book Debts Movable Property Floating Charge |
|
Particular of
charge holder |
HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel
West, Mumbai-400013, Maharashtra, India Email ID: RBBform8@hdfcbank.com
|
|
Nature of
instrument creating charge |
Letter of
Hypothecation |
|
Date of
instrument Creating the charge |
26.05.2010 |
|
Amount secured by
the charge |
Rs.35.000
millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of Interest Interest at the rate
as may be communicated by the Bank from time to time. Terms of
Repayment On Demand Margin Company shall at
all times during the continuance of this security maintain the said debts of
a sufficient amount to provide the margin of security as may from time to
time advised by the Bank. Extent and
Operation of the charge Hypothecation by
way of First Charge on Company's Stocks, Book Debts etc., to secure as a
continuing security as mentioned in Column No.15 below for the repayment of Rs.35.000
millions, together with interest, costs, charges, expenses and other moneys
due and payable by the Company to the Bank. |
|
Short particular
of the property or asset(s) charged |
i)
All
the stock in trade both present and future consisting of raw materials,
finished goods, goods in process of manufacturing and ii)
All
the book-debts, outstanding monies receivables, claims and bills which are
now due and owing or which may at any time hereafter during the continuance |
AS PER WEB DETAILS
PROFILE
With revolution in I.T. Industry
the scenario of the Global business has changed. It has put forward the
challenge of the business houses to upgrade their competence to sustain in the
changed environment. Introduction of computers in the system has become the
only alternative to increase the efficiency of the organisation and maintain
the pace of development. It was realisation of this need and emergence of the
field of computers was seen as a challenge to contribute in the field of
economic development. It was this fact that provided the reason to initiate
Aegis Infoware in the year 1993 with base in Ahmedabad.
With revolution in I.T. Industry
the scenario of the Global business has changed. It has put forward the
challenge of the business houses to upgrade their competence to sustain in the
changed environment. Introduction of computers in the system has become the
only alternative to increase the efficiency of the organisation and maintain
the pace of development. It was realisation of this need and emergence of the
field of computers was seen as a challenge to conbtribute in the field of
economic development. It was this fact that provided the reason to initiate
Aegis Infoware in the year 1993 with base in Ahmedabad.
Subject engaged in System Integration
and Computer Peripherals distribution business and also provide installation
and support services since last seven years and having tie-up with all
multinational giants engaged in I.T. Industry.
Their proficiency in I.T. field
and technical strength to provide wide range I.T. products and allied services
to customers to suit their requirements who want to harness the power of the
computer as per their application requirements at reasonable price.
Their major areas of operation are as follows:
Aegis Infoware
services the market with full range of PC products
They are Authorized dealer for INTEL(GID), SANSUNG, SEGATE, CREATIVE, LG and
MICROTEK (Distributor), D-LINK, WIPRO, TVSE, IBM, HEWLETT-PACKARD, COMPAQ.
Computer system and networking maintenance division. Technical consultancy for
computer hardware, site planning, networking and windos NT designing and
installation for small office/Home office (SOHO), Large corporate houses and
Excellence in manufacturing innovation and a commitment to quality has allowed
subject to produce cuttin-edge, high performance products within standard-based
technologies. The company continues to offer the best value in PC market today
by combining high quality products with most affordable price. No compromise in
quality, also if client desires because of lack of awareness of maintenance.
Their commitment to serve quality
has lead them to win customers from various business fields.
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 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.45.61 |
|
|
1 |
Rs.75.32 |
|
Euro |
1 |
Rs.65.68 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
2 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
2 |
|
--CREDIT LINES |
1~10 |
2 |
|
--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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
26 |
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.