MIRA INFORM REPORT

Report Date :

07.12.2011

IDENTIFICATION DETAILS

Name :	BANGALORE INTERNATIONAL AIRPORT LIMITED
Registered Office :	Administration Block, Bengaluru International Airport, Bangalore-560300, Karnataka
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	05.01.2001
Com. Reg. No.:	08-028418
Capital Investment / Paid-up Capital :	Rs.3846.000 Millions
CIN No.: [Company Identification No.]	U45203KA2001PLC028418
TAN No.: [Tax Deduction & Collection Account No.]	BLRB01573F
PAN No.: [Permanent Account No.]	AABCB8973D
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Subject is engaged in designing, financing, construction, operation and maintenance of an international airport at Devanahalli, Bangalore.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba [49]

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 17600000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track. The company has been successfully in wipping off the accumulated losses of previous years. 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 for normal 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 – September 30, 2011

Country Name	Previous Rating (30.06.2011)	Current Rating (30.09.2011)
India	A1	A1

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

LOCATIONS

Registered Office :	Administration Block, Bengaluru International Airport, Bangalore-560300, Karnataka, India
Tel. No.:	91-80-66782425
Fax No.:	91-80-66783366
E-Mail :	feedback@bialairport.com naveen.c@bialairport.com
Website :	http://www.bialairport.com http://www.bengaluruairport.com

DIRECTORS

As on 21.07.2010

Name :

Mr. Krishna Reddy Venkata Gunapati

Designation :

Director

Address :

6-3-250, Banjara Hills, Hyderabad – 560034, Andhra Pradesh, India

Date of Birth/Age :

22.03.1937

Date of Appointment :

16.07.2010

Din No.:

00005212

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	L55101AP1984PLC004941	NOVOPAN INDUSTRIES LIMITED	Director	31-08-84	31-08-84	-	Active	NO
2	U63040AP1983PTC004176	ORBIT TRAVEL AND TOURS PRIVATE LIMITED	Director	16-06-86	16-06-86	-	Active	NO
3	U11100AP1982PTC003610	CASUARINA CAPITAL AND FINANCE PRIVATE LIMITED	Director	08-12-89	08-12-89	-	Active	NO
4	U74999AP1992PLC014388	GVK INDUSTRIES LIMITED	Director	18-06-92	18-06-92	-	Active	NO
5	U40109AP1994PTC018054	GVK POWER (KRISHNAPATNAM) PRIVATE LIMITED	Director	04-08-94	04-08-94	16-05-06	Under Process of Striking off	NO
6	L40109AP1995PLC019349	TAJ GVK HOTELS AND RESORTS LIMITED	Whole-time director	25-04-10	02-02-95	-	Active	NO
7	U67120AP1995PLC020293	PINAKINI SHARE AND STOCK BROKERS LIMITED	Director	27-05-95	27-05-95	-	Active	NO
8	U65993AP1993PTC016325	CASPIAN CAPITAL AND FINANCE Private LIMITED	Director	22-04-96	22-04-96	-	Active	NO
9	U26940AP1996PTC025900	GVK CEMENTS Private Limited	Director	06-12-96	06-12-96	16-05-06	Under Process of Striking off	NO
10	U40101AP1997PTC026962	GVK POWER (RATLAM) PVT LTD	Director	25-04-97	25-04-97	16-05-06	Under Process of Striking off	NO
11	U40109AP1997PLC028483	GVK POWER (GOINDWAL SAHIB) LIMITED	Director	26-07-08	04-12-97	-	Active	NO
12	U72200AP2000PTC033233	GVK PROPERTIES AND MANAGEMENT COMPANY PRIVATE LIMITED	Director	05-01-00	05-01-00	-	Active	NO
13	U55101AP1973PTC001614	PAIGAH HOUSE HOTELS PRIVATE LIMITED	Director	28-08-00	28-08-00	-	Active	NO
14	U72900AP2001PTC036018	GVK CITY PRIVATE LIMITED	Director	09-01-01	09-01-01	-	Active	NO
15	U45203AP2002PTC063406	GVK JAIPUR EXPRESSWAY PRIVATE LIMITED	Director	01-04-02	01-04-02	-	Active	NO
16	U74999AP2000PTC035826	GVK BIOSCIENCES PRIVATE LIMITED	Director	07-06-02	07-06-02	-	Active	NO
17	U67120AP2002PTC075153	VERTEX INFRATECH PRIVATE LIMITED	Director	26-06-02	26-06-02	-	Active	NO
18	U40102AP1996PLC024970	GVK GAUTAMI POWER LIMITED	Director	07-07-03	07-07-03	-	Active	NO
19	U65993AP2003PTC040742	ZINGER INVESTMENTS PRIVATE LIMITED	Director	05-09-03	05-09-03	-	Active	NO
20	U74140AP2003PTC042307	GVK TECHNICAL AND CONSULTANCY SERVICES PRIVATE LIMITED	Director	24-12-03	24-12-03	16-05-06	Active	NO
21	U72200AP2005PTC045481	GVK DAVIX TECHNOLOGIES PRIVATE LIMITED	Director	25-02-05	25-02-05	-	Active	NO
22	L74999AP2005PLC059013	GVK POWER AND INFRASTRUCTURE LIMITED	Managing director	14-10-08	20-04-05	-	Active	NO
23	U24239AP2005PTC046402	INOGENT LABORATORIES PRIVATE LIMITED	Director	01-06-05	01-06-05	-	Active	NO
24	U62200AP2005PTC046510	GVK AIRPORT DEVELOPERS PRIVATE LIMITED	Director	10-06-05	10-06-05	-	Active	NO
25	U62200AP2005PTC046505	GVK AIRPORT HOLDINGS PRIVATE LIMITED	Director	10-06-05	10-06-05	-	Active	NO
26	U31200AP2005PTC046572	GVK HYDEL PRIVATE LIMITED	Director	17-06-05	17-06-05	-	Active	NO
27	U10101AP2005PTC047275	GVK COAL (TOKISUD) COMPANY PRIVATE LIMITED	Director	29-08-05	29-08-05	11-02-08	Active	NO
28	U40100AP1996PLC074796	ALAKNANDA HYDRO POWER COMPANY LIMITED	Director	13-11-05	13-11-05	-	Active	NO
29	U55101AP2006PTC048766	GREENRIDGE HOTELS AND RESORTS PRIVATE LIMITED	Director	13-01-06	13-01-06	01-12-08	Active	NO
30	U45203RJ2004PTC019319	GVK ENERGY VENTURES PRIVATE LIMITED	Director	28-09-06	01-04-06	-	Active	NO
31	U45200MH2006PTC160164	Mumbai International Airport Private Limited	Director	19-04-06	19-04-06	-	Active	NO
32	U45201AP2006PLC063916	Vertex Projects Limited	Director	24-04-06	24-04-06	15-03-08	Active	NO
33	U40101AP2006PTC073854	GORIGANGA HYDRO POWER PRIVATE LIMITED	Director	25-05-06	25-05-06	11-02-08	Active	NO
34	U40109AP2003PTC040724	GVK ENERGY HOLDINGS PRIVATE LIMITED	Director	30-09-06	30-09-06	-	Active	NO
35	U45200JH2003PTC010324	VERTEX INFRASTRUCTURE PRIVATE LIMITED	Director	01-11-06	01-11-06	-	Strike off	NO
36	U01122DL2005PTC141746	GREEN GARDEN HORTICULTURE PVT LTD	Director	15-11-06	15-11-06	-	Amalgamated	NO
37	U45201AP2004PTC074228	METRO ARCHITECTS AND CONTRACTORS PRIVATE LIMITED	Director	15-11-06	15-11-06	-	Active	NO
38	U74140DL2004PTC126850	BOWSTRING PROJECTS AND INVESTMENTS PRIVATE LIMITED	Director	15-11-06	15-11-06	-	Amalgamated	NO
39	U45200AP2006PTC051693	BANGALORE AIRPORT AND INFRASTRUCTURE DEVELOPERS PRIVATE LIMITED	Director	16-11-06	16-11-06	-	Active	NO
40	U70102AP2006PTC051853	IKR LAND HOLDINGS PRIVATE LIMITED	Director	30-11-06	30-11-06	-	Strike off	NO
41	U70102AP2006PTC051851	KRGV LAND HOLDINGS PRIVATE LIMITED	Director	30-11-06	30-11-06	-	Under Process of Striking off	NO
42	U45209DL2006PTC156157	GVK PERAMBALUR SEZ PRIVATE LIMITED	Director	04-12-06	04-12-06	-	Active	NO
43	U45200MH2007PTC168807	MUMBAI AIRPORT HABITATION PRIVATE LIMITED	Director	15-03-07	15-03-07	-	Active	NO
44	U93090AP2007PTC063414	GVK AVIATION PRIVATE LIMITED	Additional director	29-11-08	21-03-07	-	Amalgamated	NO
45	U45200MH2007PTC169174	NAVI MUMBAI AIRPORT DEVELOPERS PRIVATE LIMITED	Director	26-03-07	26-03-07	-	Active	NO
46	U45400AP2007PTC054816	GVK VIRUDHUNAGAR SEZ PRIVATE LIMITED	Director	17-07-07	17-07-07	-	Active	NO
47	U40103AP2007PTC055021	GAUTAMI POWER (SAMALKOT) PRIVATE LIMITED	Director	04-08-07	04-08-07	-	Amalgamated	NO
48	U40105AP2008PLC057645	GVK OIL AND GAS LIMITED	Director	18-02-08	18-02-08	-	Active	NO
49	U40102AP2008PLC058683	GVK ENERGY LIMITED	Director	15-04-08	15-04-08	-	Active	NO
50	U62200MH2008PTC186673	MUMBAI AEROTROPOLIS PRIVATE LIMITED	Director	11-09-08	11-09-08	-	Active	NO
51	U45203KA2001PLC028418	BANGALORE INTERNATIONAL AIRPORT LIMITED	Director	16-07-10	19-01-10	-	Active	NO
52	U63000MH2010PTC200463	MUMBAI AVIATION FUEL FARM FACILITY PRIVATE LIMITED	Director	26-02-10	26-02-10	-	Active	NO
53	U45206AP2006PLC063563	GVK PROJECTS AND TECHNICAL SERVICES LIMITED	Director	30-09-10	24-03-10	-	Active	NO
54	U14200AP2011PTC072654	GVK Natural Resources Private Limited	Director	19-07-11	21-03-11	-	Active	NO
55	U85100AP2011NPL075243	GVK Emergency Management AND Research Institute	Director	28-06-11	28-06-11	-	Active	NO

Name :

Indira Krishna Reddy Gunapati

Designation :

Director

Address :

6-3-250, Banjara Hills, Hyderabad – 560034, Andhra Pradesh, India

Date of Birth/Age :

17.10.1944

Date of Appointment :

16.07.2010

Din No.:

00005230

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U63040AP1983PTC004176	ORBIT TRAVEL AND TOURS PRIVATE LIMITED	Director	16-06-86	16-06-86	-	Active	NO
2	U65921AP1988PTC008266	RAGHAVENDRA FINANCE PRIVATE LIMITED	Director	02-02-88	02-02-88	-	Active	NO
3	U65921AP1988PTC008270	SR FINANCE PRIVATE LIMITED	Director	02-02-88	02-02-88	-	Active	NO
4	U65921AP1988PTC008267	MALLIKARJUNA FINANCE PRIVATE LIMITED	Director	02-02-88	02-02-88	-	Active	NO
5	U11100AP1982PTC003610	CASUARINA CAPITAL AND FINANCE PRIVATE LIMITED	Director	08-12-89	08-12-89	-	Active	NO
6	U45200AP1989PTC010080	ACCURA ESTATES PRIVATE LIMITED	Director	06-01-92	06-01-92	-	Active	NO
7	U74999AP1992PLC014388	GVK INDUSTRIES LIMITED	Director	28-09-92	28-09-92	-	Active	NO
8	U70102AP1989PTC010163	CLASSIC LAND HOLDINGS PRIVATE LIMITED	Director	06-11-92	06-11-92	-	Active	NO
9	U70102AP1989PTC010161	FORTUNE REAL ESTATES PRIVATE LIMITED	Director	06-11-92	06-11-92	-	Active	NO
10	U24230AP1981PTC003169	FRESENIUS INTRAVEN PRIVATE LIMITED	Director	06-11-92	06-11-92	-	Active	NO
11	U70102AP1989PTC010164	DELTA LAND HOLDINGS PRIVATE LIMITED	Director	06-11-92	06-11-92	-	Active	NO
12	U70102AP1989PTC010171	ANCHOR ESTATES PRIVATE LIMITED	Director	30-12-92	30-12-92	-	Active	NO
13	U45201AP1989PTC010133	MIDAS ESTATES PRIVATE LIMITED	Director	30-12-92	30-12-92	-	Active	NO
14	U45201AP1989PTC010132	OXFORD LAND HOLDING PRIVATE LIMITED	Director	30-12-92	30-12-92	-	Active	NO
15	U70102AP1989PTC010113	PACE ESTATE PRIVATE LIMITED	Director	30-12-92	30-12-92	-	Active	NO
16	U70102AP1989PTC010174	INNOVATIVE LAND HOLDINGS PRIVATE LIMITED	Director	31-12-92	31-12-92	-	Active	NO
17	U65993AP1993PTC016325	CASPIAN CAPITAL AND FINANCE PRIVATE LIMITED	Director	10-01-95	10-01-95	-	Active	NO
18	U67120AP1995PLC020293	PINAKINI SHARE AND STOCK BROKERS LIMITED	Director	11-05-95	11-05-95	-	Active	NO
19	L55101AP1984PLC004941	NOVOPAN INDUSTRIES LIMITED	Director	05-10-95	05-10-95	-	Active	NO
20	U40109AP1994PTC018054	GVK POWER (KRISHNAPATNAM) PRIVATE LIMITED	Director	28-06-96	28-06-96	-	Under Process of Striking off	NO
21	U72200AP2000PTC033233	GVK PROPERTIES AND MANAGEMENT COMPANY PRIVATE LIMITED	Director	05-01-00	05-01-00	-	Active	NO
22	L40109AP1995PLC019349	TAJ GVK HOTELS AND RESORTS LIMITED	Managing director	25-04-10	08-05-00	-	Active	NO
23	U65993AP1988PTC008669	PACE CONSTRUCTIONS PRIVATE LIMITED	Director	26-08-00	26-08-00	-	Active	NO
24	U45100AP1988PTC008668	ACCURA CONSTRUCIONS PRIVATE LIMITED	Director	26-08-00	26-08-00	-	Active	NO
25	U45200AP1989PTC010136	BONANZA REAL ESTATES PRIVATE LIMITED	Director	26-08-00	26-08-00	-	Active	NO
26	U65993AP1989PTC010156	EAGLE LAND HOLDINGS PRIVATE LIMITED	Director	26-08-00	26-08-00	-	Active	NO
27	U70102AP1989PTC010162	MALLIKARJUNA ESTATES PRIVATE LIMITED	Director	26-08-00	26-08-00	-	Active	NO
28	U70102AP1989PTC010172	MARRIOT LAND HOLDINGS PRIVATE LIMITED	Director	26-08-00	26-08-00	-	Active	NO
29	U65993AP1988PTC008667	AMTRAN CONSTRUCTIONS PRIVATE LIMITED	Director	28-08-00	28-08-00	-	Active	NO
30	U63040AP1980PTC002804	PARTHASARATHI AIR CONDITIONED TOURISTS PRIVATE LIMITED	Director	28-08-00	28-08-00	-	Active	NO
31	U55101AP1973PTC001614	PAIGAH HOUSE HOTELS PRIVATE LIMITED	Director	28-08-00	28-08-00	-	Active	NO
32	U70102AP1989PTC010159	PINNACLE LAND HOLDINGS PRIVATE LIMITED	Director	29-08-00	29-08-00	-	Active	NO
33	U70102AP1989PTC010165	ALLIED ESTATES PRIVATE LIMITED	Director	29-08-00	29-08-00	-	Active	NO
34	U45200AP1989PTC010081	SHERATON ESTATES PRIVATE LIMITED	Director	30-08-00	30-08-00	-	Active	NO
35	U45200AP1989PTC010143	CONSOLIDATED REAL ESTATES PRIVATE LIMITED	Director	31-08-00	31-08-00	-	Active	NO
36	U45200AP1989PTC010107	FAIR VALUE LAND HOLDINGS PRIVATE LIMITED	Director	31-08-00	31-08-00	-	Active	NO
37	U45200AP1989PTC010144	RAGHAVENDRA LAND HOLDINGS PRIVATE LIMITED	Director	31-08-00	31-08-00	-	Active	NO
38	U45200AP1988PTC008666	VULCON CONSTRUCTIONS PRIVATE LIMITED	Director	31-08-00	31-08-00	-	Active	NO
39	U74999AP2000PTC035826	GVK BIOSCIENCES PRIVATE LIMITED	Director	08-12-00	08-12-00	-	Active	NO
40	U65993AP2003PTC040742	ZINGER INVESTMENTS PRIVATE LIMITED	Director	05-09-03	05-09-03	-	Active	NO
41	U74140AP2003PTC042307	GVK TECHNICAL AND CONSULTANCY SERVICES PRIVATE LIMITED	Director	24-12-03	24-12-03	-	Active	NO
42	L74999AP2005PLC059013	GVK POWER AND INFRASTRUCTURE LIMITED	Director	20-04-05	20-04-05	-	Active	NO
43	U67120AP2005PTC046414	PRESCOT INVESTMENTS PRIVATE LIMITED	Director	02-06-05	02-06-05	-	Under Process of Striking off	NO
44	U45201KA2005PTC036498	GENESIS REALTORS PRIVATE LIMITED	Director	08-06-05	08-06-05	-	Active	NO
45	U72200AP2005PTC045481	GVK DAVIX TECHNOLOGIES PRIVATE LIMITED	Director	30-09-05	30-09-05	-	Active	NO
46	U40100AP1996PLC074796	ALAKNANDA HYDRO POWER COMPANY LIMITED	Director	13-11-05	13-11-05	-	Active	NO
47	U55101AP2006PTC048766	GREENRIDGE HOTELS AND RESORTS PRIVATE LIMITED	Director	13-01-06	13-01-06	01-12-08	Active	NO
48	U45200MH2006PTC160164	MUMBAI INTERNATIONAL AIRPORT PRIVATE LIMITED	Director	19-04-06	19-04-06	-	Active	NO
49	U01122DL2005PTC141746	GREEN GARDEN HORTICULTURE PRIVATE LIMITED	Director	15-11-06	15-11-06	-	Amalgamated	NO
50	U70102AP2006PTC051853	IKR LAND HOLDINGS PRIVATE LIMITED	Director	30-11-06	30-11-06	-	Strike off	NO
51	U65999AP2006PTC051868	GIKR LAND HOLDINGS PRIVATE LIMITED	Director	01-12-06	01-12-06	-	Under Process of Striking off	NO
52	U45209DL2006PTC156157	GVK PERAMBALUR SEZ PRIVATE LIMITED	Director	04-12-06	04-12-06	-	Active	NO
53	U74140DL2006PTC156789	GVK DEVELOPMENTAL PROJECTS PRIVATE LIMITED	Director	20-12-06	20-12-06	-	Active	NO
54	U45206AP2006PLC063563	GVK PROJECTS AND TECHNICAL SERVICES LIMITED	Director	20-12-06	20-12-06	-	Active	NO
55	U72900AP2001PTC036018	GVK CITY PRIVATE LIMITED	Director	27-12-06	27-12-06	-	Active	NO
56	U70102AP2006PTC052150	GVK ESTATES PRIVATE LIMITED	Director	28-12-06	28-12-06	-	Active	NO
57	U70102AP2006PTC052149	SUPHALA REAL ESTATES PRIVATE LIMITED	Director	28-12-06	28-12-06	-	Active	NO
58	U70102AP2006PTC052148	VOLANTIS L AND HOLDINGS PRIVATE LIMITED	Director	28-12-06	28-12-06	-	Active	NO
59	U70102AP2006PTC052169	APPEASE ESTATES PRIVATE LIMITED	Director	29-12-06	29-12-06	-	Active	NO
60	U70102AP2006PTC052168	REGULUS ESTATES PRIVATE LIMITED	Director	29-12-06	29-12-06	-	Active	NO
61	U70103AP2007PTC052198	LEPUS LAND HOLDINGS PRIVATE LIMITED	Director	02-01-07	02-01-07	-	Strike off	NO
62	U70102AP2007PTC052571	CYGNUS REAL ESTATES PRIVATE LIMITED	Director	01-02-07	01-02-07	-	Active	NO
63	U65999AP2006PTC051869	STARLET LAND HOLDINGS PRIVATE LIMITED	Director	06-09-07	06-09-07	-	Active	NO
64	U26940AP1996PTC025900	GVK CEMENTS PRIVATE LIMITED	Additional director	01-02-08	01-02-08	-	Under Process of Striking off	NO
65	U40101AP2006PTC073854	GORIGANGA HYDRO POWER PRIVATE LIMITED	Director	26-07-08	01-02-08	-	Active	NO
66	U10101AP2005PTC047275	GVK COAL (TOKISUD) COMPANY PRIVATE LIMITED	Director	26-07-08	01-02-08	-	Active	NO
67	U45201AP2006PLC063916	VERTEX PROJECTS LIMITED	Director	29-09-08	01-02-08	-	Active	NO
68	U40102AP2008PLC058683	GVK ENERGY LIMITED	Director	23-07-10	01-05-08	-	Active	NO
69	U70102AP2006PTC051980	GOLDGREEN LAND HOLDINGS PRIVATE LIMITED	Director	08-06-09	08-06-09	-	Active	NO
70	U40102AP1996PLC024970	GVK GAUTAMI POWER LIMITED	Director	28-08-09	27-07-09	-	Active	NO
71	U45203KA2001PLC028418	BANGALORE INTERNATIONAL AIRPORT LIMITED	Director	16-07-10	19-01-10	-	Active	NO
72	U45203AP2002PTC063406	GVK JAIPUR EXPRESSWAY PRIVATE LIMITED	Director	21-07-10	22-01-10	-	Active	NO
73	U14200AP2011PTC072654	GVK NATURAL RESOURCES PRIVATE LIMITED	Director	17-02-11	17-02-11	-	Active	NO
74	U85100AP2011NPL075243	GVK EMERGENCY MANAGEMENT AND RESEARCH INSTITUTE	Director	28-06-11	28-06-11	-	Active	NO

Name :

Mr. Sanjay Reddy Venkata Gunapati

Designation :

Managing Director

Address :

6-3-1089/A/5, Raj Bhavan Road, Somajiguda, Hyderabad – 560082, Andhra Pradesh, India

Date of Birth/Age :

18.11.1964

Date of Appointment :

19.01.2010

Din No.:

00005282

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting Status
1	L55101AP1984PLC004941	NOVOPAN INDUSTRIES LIMITED	Director	01-09-84	01-09-84	27-01-10	Active	NO
2	U45200AP1988PTC008666	VULCON CONSTRUCTIONS PRIVATE LIMITED	Director	23-05-88	23-05-88	-	Active	NO
3	U63040AP1983PTC004176	ORBIT TRAVEL AND TOURS PRIVATE LIMITED	Director	09-02-89	09-02-89	-	Active	NO
4	U11100AP1982PTC003610	CASUARINA CAPITAL AND FINANCE PRIVATE LIMITED	Director	03-02-90	03-02-90	-	Active	NO
5	U74999AP1992PLC014388	GVK INDUSTRIES LIMITED	Director	18-06-92	18-06-92	-	Active	NO
6	U70102AP1989PTC010164	DELTA LAND HOLDINGS PRIVATE LIMITED	Director	06-11-92	06-11-92	-	Active	NO
7	U45200AP1989PTC010136	BONANZA REAL ESTATES PRIVATE LIMITED	Director	30-12-92	30-12-92	-	Active	NO
8	U70102AP1989PTC010172	MARRIOT LAND HOLDINGS PRIVATE LIMITED	Director	30-12-92	30-12-92	-	Active	NO
9	U70102AP1989PTC010159	PINNACLE LAND HOLDINGS PRIVATE LIMITED	Director	30-12-92	30-12-92	-	Active	NO
10	U45200AP1989PTC010144	RAGHAVENDRA LAND HOLDINGS PRIVATE LIMITED	Director	30-12-92	30-12-92	-	Active	NO
11	U63040AP1980PTC002804	PARTHASARATHI AIR CONDITIONED TOURISTS PRIVATE LIMITED	Director	30-12-92	30-12-92	-	Active	NO
12	U70102AP1989PTC010165	ALLIED ESTATES PRIVATE LIMITED	Director	30-12-92	30-12-92	-	Active	NO
13	U45200AP1993PTC015682	SUN SHINE PROPERTIES PVT LTD	Director	23-04-93	23-04-93	-	Strike off	NO
14	U40109AP1994PTC018054	GVK POWER (KRISHNAPATNAM) PRIVATE LIMITED	Director	04-08-94	04-08-94	-	Under Process of Striking off	NO
15	L40109AP1995PLC019349	TAJ GVK HOTELS AND RESORTS LIMITED	Director	02-02-95	02-02-95	-	Active	NO
16	U55101AP1973PTC001614	PAIGAH HOUSE HOTELS PRIVATE LIMITED	Director	10-08-95	10-08-95	-	Active	NO
17	U65993AP1993PTC016325	CASPIAN CAPITAL AND FINANCE PRIVATE LIMITED	Director	01-03-96	01-03-96	-	Active	NO
18	U26940AP1996PTC025900	GVK CEMENTS PRIVATE LIMITED	Director	06-12-96	06-12-96	11-02-08	Under Process of Striking off	NO
19	U40101AP1997PTC026962	GVK POWER (RATLAM) PRIVATE LIMITED	Director	25-04-97	25-04-97	-	Under Process of Striking off	NO
20	U40109AP1997PLC028483	GVK POWER (GOINDWAL SAHIB) LIMITED	Director	04-12-97	04-12-97	-	Active	NO
21	U72200AP2000PTC033233	GVK PROPERTIES AND MANAGEMENT COMPANY PRIVATE LIMITED	Director	05-01-00	05-01-00	26-07-08	Active	NO
22	U65993AP1988PTC008669	PACE CONSTRUCTIONS PRIVATE LIMITED	Director	26-08-00	26-08-00	-	Active	NO
23	U45100AP1988PTC008668	ACCURA CONSTRUCIONS PRIVATE LIMITED	Director	26-08-00	26-08-00	-	Active	NO
24	U70102AP1989PTC010171	ANCHOR ESTATES PRIVATE LIMITED	Director	26-08-00	26-08-00	-	Active	NO
25	U65993AP1989PTC010156	EAGLE LAND HOLDINGS PRIVATE LIMITED	Director	26-08-00	26-08-00	-	Active	NO
26	U70102AP1989PTC010113	PACE ESTATE PRIVATE LIMITED	Director	26-08-00	26-08-00	-	Active	NO
27	U65993AP1988PTC008667	AMTRAN CONSTRUCTIONS PRIVATE LIMITED	Director	28-08-00	28-08-00	-	Active	NO
28	U45201AP1989PTC010132	OXFORD LAND HOLDING PRIVATE LIMITED	Director	30-08-00	30-08-00	-	Active	NO
29	U45200AP1989PTC010081	SHERATON ESTATES PRIVATE LIMITED	Director	30-08-00	30-08-00	-	Active	NO
30	U45200AP1989PTC010143	CONSOLIDATED REAL ESTATES PRIVATE LIMITED	Director	31-08-00	31-08-00	-	Active	NO
31	U45200AP1989PTC010107	FAIR VALUE LAND HOLDINGS PRIVATE LIMITED	Director	31-08-00	31-08-00	-	Active	NO
32	U74999AP2000PTC035826	GVK BIOSCIENCES PRIVATE LIMITED	Director	08-04-10	07-12-00	-	Active	NO
33	U72900AP2001PTC036018	GVK CITY PRIVATE LIMITED	Director	09-01-01	09-01-01	26-07-08	Active	NO
34	U91990AP2001PTC036666	GREEN WOODS PALACES AND RESORTS PRIVATE LIMITED	Director	04-05-01	04-05-01	06-04-10	Active	NO
35	U40109AP2001PTC038277	GVK POWER (JEGURUPADU) PRIVATE LIMITED	Director	27-12-01	27-12-01	-	Amalgamated	NO
36	U45203AP2002PTC063406	GVK JAIPUR EXPRESSWAY PRIVATE LIMITED	Director	01-04-02	01-04-02	-	Active	NO
37	U67120AP2002PTC075153	VERTEX INFRATECH PRIVATE LIMITED	Director	25-06-02	25-06-02	-	Active	NO
38	U40101HP2002PTC025234	DHAULASIDH POWER PRIVATE LIMITED	Director	01-07-02	01-07-02	-	Active	NO
39	U40109AP2003PTC040724	GVK ENERGY HOLDINGS PRIVATE LIMITED	Director	27-03-03	27-03-03	-	Active	NO
40	U40102AP1996PLC024970	GVK GAUTAMI POWER LIMITED	Director	01-07-07	07-07-03	-	Active	NO
41	U65993AP2003PTC040742	ZINGER INVESTMENTS PRIVATE LIMITED	Director	05-09-03	05-09-03	-	Active	NO
42	U74140AP2003PTC042307	GVK TECHNICAL AND CONSULTANCY SERVICES PRIVATE LIMITED	Director	24-12-03	24-12-03	-	Active	NO
43	U67120AP1995PLC020293	PINAKINI SHARE AND STOCK BROKERS LIMITED	Director	01-06-04	01-06-04	-	Active	NO
44	U72200AP2005PTC045481	GVK DAVIX TECHNOLOGIES PRIVATE LIMITED	Director	25-02-05	25-02-05	-	Active	NO
45	L74999AP2005PLC059013	GVK POWER AND INFRASTRUCTURE LIMITED	Director	20-04-05	20-04-05	-	Active	NO
46	U24239AP2005PTC046402	INOGENT LABORATORIES PRIVATE LIMITED	Director	01-06-05	01-06-05	-	Active	NO
47	U45201KA2005PTC036498	GENESIS REALTORS PRIVATE LIMITED	Director	08-06-05	08-06-05	-	Active	NO
48	U62200AP2005PTC046510	GVK AIRPORT DEVELOPERS PRIVATE LIMITED	Director	10-06-05	10-06-05	-	Active	NO
49	U62200AP2005PTC046505	GVK AIRPORT HOLDINGS PRIVATE LIMITED	Director	10-06-05	10-06-05	-	Active	NO
50	U31200AP2005PTC046572	GVK HYDEL PRIVATE LIMITED	Director	17-06-05	17-06-05	-	Active	NO
51	U10101AP2005PTC047275	GVK COAL (TOKISUD) COMPANY PRIVATE LIMITED	Director	29-08-05	29-08-05	11-02-08	Active	NO
52	U40100AP1996PLC074796	ALAKNANDA HYDRO POWER COMPANY LIMITED	Director	13-11-05	13-11-05	-	Active	NO
53	U55101AP2006PTC048766	GREENRIDGE HOTELS AND RESORTS PRIVATE LIMITED	Director	13-01-06	13-01-06	01-12-08	Active	NO
54	U73100AP2006PTC049287	GVK DAVIX RESEARCH PRIVATE LIMITED	Director	24-02-06	24-02-06	-	Active	NO
55	U45203RJ2004PTC019319	GVK ENERGY VENTURES PRIVATE LIMITED	Director	28-09-06	01-04-06	-	Active	NO
56	U45200MH2006PTC160164	MUMBAI INTERNATIONAL AIRPORT PRIVATE LIMITED	Managing director	19-04-06	19-04-06	-	Active	NO
57	U45201AP2006PLC063916	VERTEX PROJECTS LIMITED	Director	24-04-06	24-04-06	15-03-08	Active	NO
58	U40101AP2006PTC073854	GORIGANGA HYDRO POWER PRIVATE LIMITED	Director	25-05-06	25-05-06	11-02-08	Active	NO
59	U45200JH2003PTC010324	VERTEX INFRASTRUCTURE PRIVATE LIMITED	Director	01-11-06	01-11-06	-	Strike off	NO
60	U45201AP2004PTC074228	METRO ARCHITECTS AND CONTRACTORS PRIVATE LIMITED	Director	15-11-06	15-11-06	-	Active	NO
61	U74140DL2004PTC126850	BOWSTRING PROJECTS AND INVESTMENTS PRIVATE LIMITED	Director	15-11-06	15-11-06	-	Amalgamated	NO
62	U45200AP2006PTC051693	BANGALORE AIRPORT AND INFRASTRUCTURE DEVELOPERS PRIVATE LIMITED	Director	16-11-06	16-11-06	-	Active	NO
63	U65999AP2006PTC051878	GSR LAND HOLDINGS PRIVATE LIMITED	Director	04-12-06	04-12-06	-	Strike off	NO
64	U70102AP2006PTC051892	PLATEAU LAND HOLDINGS PRIVATE LIMITED	Director	04-12-06	04-12-06	-	Strike off	NO
65	U70102AP2006PTC051905	SBSR LAND HOLDINGS PRIVATE LIMITED	Director	05-12-06	05-12-06	-	Strike off	NO
66	U45209DL2006PTC156157	GVK PERAMBALUR SEZ PRIVATE LIMITED	Director	05-12-06	05-12-06	-	Active	NO
67	U45200MH2007PTC168807	MUMBAI AIRPORT HABITATION PRIVATE LIMITED	Director	15-03-07	15-03-07	-	Active	NO
68	U45200MH2007PTC169174	NAVI MUMBAI AIRPORT DEVELOPERS PRIVATE LIMITED	Director	26-03-07	26-03-07	-	Active	NO
69	U70102AP1989PTC010162	MALLIKARJUNA ESTATES PRIVATE LIMITED	Director	31-03-07	31-03-07	-	Active	NO
70	U73100AP2007PTC054070	INC GVK BIO PRIVATE LIMITED	Director	21-05-07	21-05-07	-	Active	NO
71	U45400AP2007PTC054816	GVK VIRUDHUNAGAR SEZ PRIVATE LIMITED	Director	17-07-07	17-07-07	-	Active	NO
72	U40103AP2007PTC055021	GAUTAMI POWER (SAMALKOT) PRIVATE LIMITED	Director	04-08-07	04-08-07	-	Amalgamated	NO
73	U74140DL2006PTC156789	GVK DEVELOPMENTAL PROJECTS PRIVATE LIMITED	Director	23-07-10	01-02-08	-	Active	NO
74	U40105AP2008PLC057645	GVK OIL AND GAS LIMITED	Director	18-02-08	18-02-08	-	Active	NO
75	U62200MH2008PTC186673	MUMBAI AEROTROPOLIS PRIVATE LIMITED	Director	11-09-08	11-09-08	-	Active	NO
76	U70102AP2006PTC052168	REGULUS ESTATES PRIVATE LIMITED	Director	30-06-09	30-06-09	-	Active	NO
77	U70102AP2006PTC052169	APPEASE ESTATES PRIVATE LIMITED	Director	30-06-09	30-06-09	-	Active	NO
78	U45203KA2001PLC028418	BANGALORE INTERNATIONAL AIRPORT LIMITED	Managing director	09-04-10	19-01-10	-	Active	NO
79	U63000MH2010PTC200463	MUMBAI AVIATION FUEL FARM FACILITY PRIVATE LIMITED	Director	26-02-10	26-02-10	-	Active	NO
80	U40102AP2008PLC058683	GVK ENERGY LIMITED	Director	01-08-11	30-07-10	-	Active	NO
81	U14200AP2011PTC072654	GVK NATURAL RESOURCES PRIVATE LIMITED	Director	17-02-11	17-02-11	-	Active	NO
82	U85100AP2011NPL075243	GVK EMERGENCY MANAGEMENT AND RESEARCH INSTITUTE	Director	28-06-11	28-06-11	-	Active	NO

Name :

Mr. Nagarajan Lalgudi Venkataraman

Designation :

Director

Address :

NO.52, 5-A Cross, 16^th Main, II Stage, BTM Layout, Bangalore – 560076, Karnataka, India

Date of Birth/Age :

13.07.1955

Date of Appointment :

16.07.2010

Din No.:

00151624

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U85110KA1970SGC001919	KARNATAKA POWER CORPORATION LIMITED	Director	24-03-10	16-06-04	-	Active	NO
2	U75112KA1996PLC020020	KARNATAKA RENEWABLE ENERGY DEVELOPMENT LIMITED	Director	16-06-04	16-06-04	15-03-08	Active	NO
3	U40105KA1999PLC025529	VISVESVARAYA VIDYUTH NIGAMA LIMITED	Director	21-06-04	21-06-04	-	Amalgamated	NO
4	U40109KA1999SGC025521	KARNATAKA POWER TRANSMISSION CORPORATION LIMITED	Director	24-03-10	14-07-04	-	Active	NO
5	U40102KA1996SGC020337	KPC BIDADI POWER CORPORATION LIMITED	Director	16-07-04	16-07-04	06-05-08	Active	NO
6	U01010KA2002PLC031322	KARNATAKA EMTA COAL MINES LIMITED	Director	09-08-04	09-08-04	17-03-08	Active	NO
7	L85320KA1994SGC016101	KRISHNA BHAGYA JALA NIGAM LIMITED	Nominee director	11-02-08	11-02-08	-	Active	NO
8	U45205KA2003SGC032044	CAUVERY NEERAVARI NIGAMA LIMITED	Director	31-03-10	13-02-08	24-04-10	Active	NO
9	U85110KA1998SGC024503	KARNATAKA NEERAVARI NIGAM LIMITED	Nominee director	16-02-08	16-02-08	-	Active	NO
10	U45209KA1999SGC025497	KARNATAKA ROAD DEVELOPMENT CORPORATION LIMITED	Nominee director	20-05-08	20-05-08	10-06-08	Active	NO
11	U67120KA1937PLC001292	BANGALORE STOCK EXCHANGE LIMITED	Nominee director	12-11-09	12-11-09	11-01-11	Active	NO
12	U99999KA1962PLC001449	BANGALORE TURF CLUB LIMITED	Additional director	24-03-10	24-03-10	-	Active	NO
13	U01551KA2003SGC032033	KARNATAKA STATE BEVERAGES CORPORATION LIMITED	Nominee director	25-03-10	25-03-10	-	Active	NO
14	U85110KA1966SGC001612	MYSORE SALES INTERNATIONAL LIMITED	Nominee director	29-03-10	29-03-10	-	Active	NO
15	U63031KA2008SGC045831	BANGALORE AIRPORT RAIL LINK LIMITED	Nominee director	30-03-10	30-03-10	-	Active	NO
16	U16286KA1994GOI016286	BANGALORE METRO RAIL CORPORATION LIMITED	Nominee director	01-04-10	01-04-10	-	Active	YES
17	U45203KA2001PLC028418	BANGALORE INTERNATIONAL AIRPORT LIMITED	Director	16-07-10	09-04-10	-	Active	NO
18	U85110KA1993SGC014869	KARNATAKA URBAN INFRASTRUCTURE DEVELOPMENT AND FINANCE CORPORATION LIMITED.	Nominee director	24-04-10	24-04-10	-	Active	NO
19	U93000KA1964ULL001532	KARNATAKA STATE INDUSTRIAL AND INFRASTRUCTURE DEVELOPMENT CORPORATION LIMITED	Director	28-05-10	28-05-10	-	Active	NO

Name :

Mr. Pramod Kumar Bhambani

Designation :

Nominee Director

Address :

Flat No. 201, Ground Floor, Sobha Orchid, Jakkur, Bangalore-560064, Karnataka, India

Date of Birth/Age :

17.06.1960

Date of Appointment :

26.06.2002

Din No.:

00318719

Name :

Mr. Sakalespur Visweswaraiya Ranganath

Designation :

Director [Appointed in casual vacancy]

Address :

25.04.1953

Date of Birth/Age :

NO.25, 8^th Cross, 2^nd Block, Jayanagar, Bangalore-560011, Karnataka, India

Date of Appointment :

13.11.2009

Din No.:

00323799

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U85110KA1992PLC013570	ANTRIX CORPORATION LIMITED	Director	19-05-06	19-05-06	30-09-09	Active	NO
2	L85320KA1994SGC016101	KRISHNA BHAGYA JALA NIGAM LIMITED	Nominee Director	01-10-09	01-10-09	-	Active	NO
3	U35201DL1990GOI040891	KONKAN RAILWAY CORPORATION LIMITED	Director	01-10-09	01-10-09	-	Active	NO
4	U85110KA1998SGC024503	KARNATAKA NEERAVARI NIGAM LIMITED	Nominee director	09-10-09	09-10-09	-	Active	NO
5	U45203KA2001PLC028418	BANGALORE INTERNATIONAL AIRPORT LIMITED	Director appointed in casual vacancy	13-11-09	13-11-09	-	Active	NO
6	U63031KA2008SGC045831	BANGALORE AIRPORT RAIL LINK LIMITED	Director	30-12-09	30-12-09	-	Active	NO
7	U45203KA2000PLC027382	INFRASTRUCTURE DEVELOPMENT CORPORATION (KARNATAKA) LIMITED	Director	04-08-10	22-01-10	-	Active	NO

Name :

Mr. Klaus Michael Kolof

Designation :

Director

Address :

Eggerten 35, Strullen Porf, Germany - 96129

Date of Birth/Age :

31.05.1967

Date of Appointment :

07.04.2006

Din No.:

00338567

Name :

Mr. Alok Shekhar

Designation :

Nominee Director

Address :

D II, 238, Vinay Marg, New Delhi-110021, India

Date of Birth/Age :

13.04.1970

Date of Appointment :

31.01.2009

Din No.:

02529589

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U62100AP2002PLC040118	GMR HYDERABAD INTERNATIONAL AIRPORT LIMITED	Director	13-08-09	21-01-09	-	Active	NO
2	U45203KA2001PLC028418	BANGALORE INTERNATIONAL AIRPORT LIMITED	Nominee director	31-01-09	31-01-09	-	Active	NO
3	U74990MH2009PLC193150	MIHAN INDIA LIMITED	Nominee director	20-07-09	20-07-09	18-01-10	Active	NO
4	U63013CH2010GOI031999	CHANDIGARH INTERNATIONAL AIRPORT LIMITED	Director	29-03-10	29-03-10	-	Active	NO

Name :

Mr. Rajkumar Khatri

Designation :

Director [Appointed in casual vacancy]

Address :

B 121, Century Park Apartments, 48, Gandhika Apartments No.26, Richmond Road, Bangalore – 560025, Karnataka, India

Date of Birth/Age :

10.09.1961

Date of Appointment :

17.06.2011

Din :

01787188

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U74130KA1984SGC006367	KARNATAKA SMALL INDUSTRIES MARKETING CORPORATION LIMITED	Director	16/06/2006	16/06/2006	-	Amalgamated	NO
2	L15428KA1933SGC000142	MYSORE SUGAR COMPANY LIMITED	Nominee director	21/06/2006	21/06/2006	13/05/2011	Active	YES
3	U27101KA1982PLC005078	VIJAYANAGAR STEEL LIMITED	Director	17/07/2006	17/07/2006	-	Active	NO
4	U85110KA1966SGC001612	MYSORE SALES INTERNATIONAL LIMITED	Director	2/8/2006	2/8/2006	-	Active	NO
5	U31101KA1975PLC002954	KARNATAKA VIDYUTH KARKHANE LIMITED	Director	8/11/2006	8/11/2006	-	Active	NO
6	U93000KA1964ULL001532	KARNATAKA STATE INDUSTRIAL AND INFRASTRUCTURE DEVELOPMENT CORPORATION LIMITED	Managing director	26/08/2011	20/04/2010	-	Active	NO
7	U04010KA2002SGC030438	BANGALORE ELECTRICITY SUPPLY COMPANY LIMITED	Director	2/8/2010	2/8/2010	17/06/2011	Active	NO
8	U04010KA2002SGC030436	GULBARGA ELECTRICITY SUPPLY COMPANY LIMITED	Director	2/8/2010	2/8/2010	17/06/2011	Active	NO
9	U74999KA2007PLC042018	KSIIDC – IL AND FS PROJECT DEVELOPMENT COMPANY LIMITED	Nominee director	28/09/2011	20/05/2011	-	Active	NO
10	U45203KA2000PLC027382	INFRASTRUCTURE DEVELOPMENT CORPORATION (KARNATAKA) LIMITED	Director	6/6/2011	6/6/2011	-	Active	NO
11	L27102MH1994PLC152925	JSW STEEL LIMITED	Nominee director	17/06/2011	17/06/2011	-	Active	NO
12	U45203KA2001PLC028418	BANGALORE INTERNATIONAL AIRPORT LIMITED	Director appointed in casual vacancy	17/06/2011	17/06/2011	-	Active	NO
13	U45203KA2003PLC032183	HASSAN MANGALORE RAIL DEVELOPMENT COMPANY LIMITED	Nominee director	21/06/2011	21/06/2011	-	Active	NO
14	U60100KA2000PLC028171	RAIL INFRASTRUCTURE DEVELOPMENT COMPANY (KARNATAKA) LIMITED	Nominee director	5/7/2011	5/7/2011	-	Active	NO
15	U24231KA1981GOI004145	KARNATAKA ANTIBIOTICS AND PHARMACEUTICALS LIMITED	Nominee director	11/7/2011	11/7/2011	22/09/2011	Active	NO
16	U63031KA2008SGC045831	BANGALORE AIRPORT RAIL LINK LIMITED	Managing director	25/07/2011	25/07/2011	-	Active	NO
17	U45209KA1999SGC025497	KARNATAKA ROAD DEVELOPMENT CORPORATION LIMITED	Director	30/09/2011	30/09/2011	-	Active	NO

Name :

Mr. Daniel Schmucki

Designation :

Director [Appointed in casual vacancy]

Address :

8703, Erlenbach ZH, Obstgartenstrasse, 11, Zurich - 8703

Date of Birth/Age :

06.06.1968

Date of Appointment :

19.10.2010

Din :

03339936

Name :

Mr. Vedamuthu Somasundaram

Designation :

Director [Appointed in casual vacancy]

Address :

Flat No.5025, Pocket 7, Vasant Kunj, New Delhi – 110070, India

Date of Birth/Age :

03.09.1955

Date of Appointment :

23.05.2011

Din :

03574882

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U45203KA2001PLC028418	BANGALORE INTERNATIONAL AIRPORT LIMITED	Director appointed in casual vacancy	23/05/2011	23/05/2011	Active	NO
2	U63033DL2006PTC146936	DELHI INTERNATIONAL AIRPORT PRIVATE LIMITED	Director	24/08/2011	1/6/2011	Active	NO
3	U62100AP2002PLC040118	GMR HYDERABAD INTERNATIONAL AIRPORT LIMITED	Director	22/08/2011	16/06/2011	Active	NO
4	U63033MH2007PTC177090	NATIONAL FLYING TRAINING INSTITUTE PRIVATE LIMITED	Additional director	20/06/2011	20/06/2011	Active	NO
5	U45200MH2006PTC160164	MUMBAI INTERNATIONAL AIRPORT PRIVATE LIMITED	Additional director	28/07/2011	28/07/2011	Active	NO

KEY EXECUTIVES

Name :	Mr. S Chandrasekar
Designation :	Secretary
Date of Appointment :	09.03.2010
PAN :	AAIPC4487D

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 21.07.2011

Names of Shareholders	No. of Shares
N R Narayana Murthy	1
G L Jere	1
R Nagesh	1
Karnataka State Industrial Investment and Development Corporation Limited , India	49997997
Airport Authority of India, India	49998000
Siemens Project Ventures GmbH, Germany	153840000
Flughafen Zurich AG, Switzerland	19230000
Bangalore Airport and Infrastructure Developers Private Limited, India	111534000
Total	384600000

As on 21.07.2011

Equity Share Breakup	Percentage of Holding
Category
Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others]	45.00
Bodies corporate	29.00
Government companies	26.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Subject is engaged in designing, financing, construction, operation and maintenance of an international airport at Devanahalli, Bangalore.

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

Not Available

Facilities :

Secured Loan	31.03.2011 [Rs. in Millions]	31.03.2010 [Rs. in Millions]
From Banks
Rupee term loans [Repayable within one year Rs. 1538.952 millions	10772.662	11542.138
Foreign currency loan [Repayable within one year Rs. 297.369 millions]	2083.816	2257.000
Finance lease obligations long term [Represents minimum lease payments on assets taken on finance lease]	1.341	17.590
Total	12857.819	13816.728
Unsecured Loan	31.03.2011 [Rs. in Millions]	31.03.2010 [Rs. in Millions]
State financial support (Base amount) [Repayable within one year Rs Nil (Previous year: Rs Nil)]	2722.500	2722.500
State financial support (Contingent amount) [Repayable within one year Rs Nil (Previous year: Rs Nil)]	612.500	612.500
Total	3335.000	3335.000

Banking Relations :	--
Financial Institution:	IDBI Trusteeship Services Limited, Asian Bldg., Ground Floor, 17, R. Kamani Marg, Ballard Estate, Mumbai- 400 001, Maharashtra, India
Auditors :
Name :	BSR and Company Chartered Accountant
Address :	Maruthi Info-Tech Centre, 11-12/1 Inner Ring Road, Koramangala, Bangalore-560071, Karnataka, India
PAN :	AAIFB7357B
Enterprises which exercise significant influence over the Company	Siemens Project Ventures GmbH, Germany. Bangalore Airport & Infrastructure Developers Private Limited (formerly Mumbai Airport Developers Private Limited). CIN : U45200AP2006PTC051693
Enterprises in which directors have significant influence.	Orbit Tours and Travels Private Limited. GVK Projects and Technical Services Limited.

CAPITAL STRUCTURE

As on 21.07.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
700,000,000	Equity Shares	Rs.10/- each	Rs.7000.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
384,600,000	Equity Shares	Rs.10/- each	Rs.3846.000 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011	31.03.2010	31.03.2009
SHAREHOLDERS FUNDS
1] Share Capital		3846.000	3846.000	3846.000
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		560.309	0.000	0.000
4] (Accumulated Losses)		0.000	(789.140)	(1503.114)
NETWORTH		4406.309	3056.860	2342.886
LOAN FUNDS
1] Secured Loans		12857.819	13816.728	14120.035
2] Unsecured Loans		3335.000	3335.000	3305.200
TOTAL BORROWING		16192.819	17151.728	17425.235
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		20599.128	20208.588	19768.121
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		15956.892	17173.487	18240.219
Capital work-in-progress		973.110	228.733	261.650
INVESTMENT		0.000	0.000	0.000
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	138.169	120.763	102.202
	Sundry Debtors	797.245	459.047	305.140
	Cash & Bank Balances	4344.661	3797.356	1657.029
	Other Current Assets	337.893	178.961	214.946
	Loans & Advances	1088.182	975.782	1509.328
Total Current Assets		6706.150	5531.909	3788.645
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	358.277	466.883	479.781
	Other Current Liabilities	2589.896	2200.293	2013.487
	Provisions	88.851	58.365	29.125
Total Current Liabilities		3037.024	2725.541	2522.393
Net Current Assets		3669.126	2806.368	1266.252
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		20599.128	20208.588	19768.121

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income	5381.986	4647.199	3094.983
		Other Income	404.799	461.556	128.000
		TOTAL (A)	5786.785	5108.755	3222.983
Less	EXPENSES
		Employee Cost	656.488	561.319	527.273
		Administrative selling other expenses	1104.314	1093.665	1466.396
		TOTAL (B)	1760.802	1654.984	1993.669
	PROFIT / LOSS BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		4025.983	3453.771	1229.314
Less	FINANCIAL EXPENSES (D)		1354.102	1334.755	1063.075
	PROFIT / LOSS BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		2671.881	2119.016	166.239
Less/ Add	DEPRECIATION/ AMORTISATION (F)		1346.823	1337.568	1128.493
	PROFIT / [LOSS] BEFORE TAX (E-F) (G)		1325.058	781.448	(962.254)
Less	TAX (H)		4.064	4.002	8.070
	PROFIT / [LOSS] AFTER TAX (G-H) (I)		1320.994	777.446	(970.324)
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		(725.668)	(1503.114)	(532.790)
	BALANCE CARRIED TO THE B/S		595.326	(725.668)	(1503.114)
	IMPORTS
		Stores & Spares	-	15.496	73.943
		Capital Goods (including capital work in progress)	-	25.873	194.261
	TOTAL IMPORTS		NA	41.369	268.204
	Earnings/[Loss] Per Share (Rs.)		3.43	2.02	(2.55)

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	22.83	15.22	(30.11)
Net Profit Margin (PBT/Sales)	(%)	24.62	16.82	(31.09)
Return on Total Assets (PBT/Total Assets}	(%)	5.85	3.44	(4.37)
Return on Investment (ROI) (PBT/Networth)		0.30	0.25	(0.41)
Debt Equity Ratio (Total Liability/Networth)		4.36	6.50	8.51
Current Ratio (Current Asset/Current Liability)		2.21	2.03	1.50

LOCAL AGENCY FURTHER INFORMATION

Note: The registered office of the company has been shifted from 118, Gayathri Lake Front, Outer Ring Road, Hebbal, Bangalore-560024, Karnataka, India to the present address w.e.f. 01.02.2009.

Financial Overview

During the year, the Company was able to achieve a turnover of Rs. 5787.000 millions (increased by 13% compared to the previous year) and has reported a profit after tax of Rs. 1321.000 millions compared to the profit of Rs. 777.000 millions reported during the last financial year.

Overview/Industry Outlook

Traffic

During the year, the Company has handled 111,787 aircraft movements (‘ATMs’) which are 7% higher than the previous year. The number of passengers who traveled through the Bengaluru International Airport (the ‘Airport’) during the year was 11.63 million, which is higher by 17% from previous year. There was frequency increase across major metro and non-metro routes by domestic carriers. In 2011, low cost carriers witnessed increase in domestic market share, the same is expected to grow and drive demand for domestic air travel from Bangalore. International ATM traffic showed a good growth of about 19% during the year with overall consistent performance on the Middle East and South Asian routes coupled with stable European and North American markets. Traffic for Middle East and South East Asian destinations increased due to introduction of new carriers such as Air Asia, Silk Air and Etihad airways from Bangalore. The introduction of new services to Asian destinations by domestic airlines and international low cost carriers are expected during the next financial year. Overall cargo traffic witnessed robust growth of 31% due to introduction of new freighter such as FedEx and Qatar cargo operations from the Airport coupled with excellent facilities being provided at the Airport. Cargo tonnage handled by BIAL during the year is at 222,783 Metric Tons which is an increase of 28% compared to previous year. The trend will remain positive and a growth of nearly 15% is projected during the next financial year.

Regulatory scenario

The Airport Economic Regulatory Authority (the ‘AERA’) started functioning in fourth quarter of the financial year 2009-10. AERA came out with a White Paper followed by the release of a Consultation Paper on its Policy. The Company has, individually and jointly with the Association of Private Airport Operators, responded to these Policy proposals and has now appealed before the Appellate Tribunal of AERA for a policy based upon the ‘dual till’ approach. The new ground handling policy of the Ministry of Civil Aviation has been challenged before the Hon’ble Supreme Court of India (the ‘SC’) by the Federation of Indian Airlines. However, the SC has not granted stay on the Orders of the Hon’ble High Court of Delhi for its implementation. The Company is now in the process of implementation of the Orders of AERA.

Operations Update

The airport operations continue to be smooth, efficient and uninterrupted during this financial year. The Company has shown consistency in its delivery of quality of operations at the Airport in respect of defined performance parameters and targets.

The recovery from the last recessionary trend has not only been complete but also faster as anticipated. The Airport has managed additional traffic loads with ease and continued to improve passengers experience, safety and efficiency. The Airport has been nearing its passenger handling capacity (total number of passengers handled in the Airport during 2010-11 financial year is 11.63 million) and therefore, the Company is planning immediate expansion of the terminal this year.

The Airport successfully conducted a mock airport emergency dealing with ‘unlawful interference to Civil Aviation’ (such as hijack exercise), and a successful emergency evacuation exercise of the complete terminal Building in May 2010 with the cooperation of Central Industrial Security Force, and other government and private stakeholders. The Company is now in the process of developing Standard Operating Procedures for Business Continuity Management in the present financial year.

Management of Performance and Service Quality

Setting itself very high standards of performance, the Company monitors and measures the performance of operations at the Airport continuously.

Such a quality management program has yielded rich dividends in terms of high performance in operations. Some of the highlights of operational performance at the Airport were : The Company has achieved on time departure of 81.3% of the flights from the Airport.

· The company received Airport Service Quality rating of 4.12 on a scale of 1 to 5.

· A new and spacious, VIP lounge at the Airport has been opened in January 2011.

· The Airport coordinated with the Indian Air Force for the smooth conduct of the prestigious 2011 ‘Aero-India show’ at yelahanka Aerodrome.

· The Company celebrated the completion of 100 years of Indian civil aviation in India on February 18, 2011 .

Certifications, Recognitions and Awards for Bengaluru International Airport

You will be highly pleased to be informed that the Company has been receiving accolades and awards at the global level from discerning passengers traveling through this Airport. They are:

· In April 2010, the Airport has been awarded with the title of the ‘Best Emerging Airport – Indian Sub-continent’ by Emerging Markets Airports Awards hosted by the acclaimed Airport Expo, Dubai.

· In May 2010, the Company received ISO 27001 certification for Information Security Management System Standards.

· In October 2010, the Company was also acknowledged with the prestigious CNBC AWAAZ Travel Awards 2010 under the category of ‘Best Managed Airport’ in the country.

· In October 2010, the Airport achieved distinguished honours for excellence in IT adoption in the Travel and Logistics category by India’s most prestigious awards for IT deployment, the NASSCOM and CNBC-TV18 IT User Awards 2010.

· Dragon air officials honored the Bangalore Airport Team for the excellent support rendered to their Bengaluru Team, which enabled them to win the Best Airport Performance Award 2010.

· At the global level, the Company recently in March 2011 received the Skytrax award for the ’Best Airport in India’. The Airport also came in for special mention for the huge improvement in global rankings.

PROJECT UPDATE

The expansion of the existing terminal 1 (the ‘Project’) has been designed to enhance the operational performance in order to handle, inter-alia, the increase of passenger traffic from the current 11.2 million passengers to approximately 17.2 million passengers annually up to the year 2015. The Project is scheduled to be completed within a period of 18 months from the commencement of its construction.

The enhanced terminal 1 will be spread over an area of 1,34,000 square meters, approximately. The architectural concept is based on an idea of a dramatic swooping and curving roof, under which the enhanced terminal 1 is located. The roof is the unifying element for new and existing facilities, bringing both together as one composition. It also forms a dramatic canopy to the main entrance, offering passengers and public a giant covered area, protected from the vagaries of weather. The undulating wave form provides the existing terminal 1 with greater physical presence.

The architectural concept of the Project is to ensure that the existing building has a new look.

The architectural design and concept of the Project had been presented to the Hon’ble Chief Minister of Karnataka and Secretary - Ministry of Civil Aviation, Government of India. The scope of work and design for the terminal expansion has been finalized. An international tender for the Engineering Process Contract has also been carried out and finalization of the selection of contractor is in progress.

COMMERCIAL UPDATE

The total commercial revenue grew by 25% during the year. The share of non-aviation revenue increased from 39% to 41% compared to the previous year. The revenue per departing passenger was further increased by 6% and is at Rs. 191/- per departing passenger [includes Retail, Food and Beverages (F and B), advertising and landside services]

Domestic and International Security Holding Area (‘SHA’)

There was an increase of 17% in the departing passengers, domestic as well as international. By refining the menus in the F and B concepts in the Domestic SHA and by augmenting the seating areas, an increase of 48% in the F and B revenues were noted. 17% increase in the F and B revenues was also seen in the international SHA. The retail revenues grew by 37% and 27% in the domestic and international areas.

Curb and Plaza area

The revenues generated by retail and F and B in the Curb and Plaza areas increased by 9% and 26% respectively. The landside services have seen an increase of 22% during the Financial Year and the advertising revenue has increased by 43%.

BACKGROUND

The Company has been incorporated on January 5, 2001 for designing, financing, construction, operation and maintenance of an international airport at Devanahalli, Bangalore. Accordingly, a joint venture amongst Siemens Project Ventures GmbH, Germany (hereinafter ‘Siemens’), Flughafen Zurich AG, Switzerland (hereinafter ‘Zurich Airport’), L and T Infrastructure Development Projects Limited (hereinafter ‘L and TIDPL’), Karnataka State Industrial Investment and Development Corporation Limited (hereinafter ‘KSIIDC’) and Airports Authority of India (hereinafter ‘AAI’) was entered into for the execution of this project.

During the previous year, Bangalore Airport and Infrastructure Developers Private Limited (Formerly, Mumbai Airport Developers Private Limited) (hereinafter ‘BAIDPL’) [100% subsidiary of GVK Airport Developers Private Limited, which is a subsidiary of GVK Power and Infrastructure Limited (hereinafter ‘GVK Power’)] had acquired 17% of the outstanding equity shares from L and TIDPL and 12% of the outstanding equity shares from Zurich Airport.

Bengaluru International Airport (hereinafter ‘BIA’) has commenced commercial operations on May 23, 2008, the Airport Opening Date (hereinafter ‘AOD’).

Contingent liabilities:

(a) Claims against the Company not acknowledged as debts 9.769

(b) The Company has issued undertaking to Customs authorities aggregating to Rs. 7.800 (Previous year: Rs. 7.800) with respect to concessional rate of duty adopted for import of certain eligible equipment for use in BIA.

(c) The Company has filed an application to get itself impleaded as one of the aggrieved party against an appeal filed by the State of Karnataka, challenging the order of the Karnataka High Court, issued in April, 2007, quashing the levy of Special Entry Tax of Rs. 21.276 (Previous year: Rs.21.276)

(d) The Income Tax Department has filed an appeal in the Karnataka High Court against the Income Tax Appellate Tribunal (ITAT) order regarding the Tax Deducted at Source (TDS) on the reimbursement of Development Costs to overseas promoters in 2005-2006. The Company had earlier paid the TDS amount of Rs. 59.356 under protest before getting the relief from ITAT. This was refunded to the company along with interest of Rs. 9.080 as a result of favourable ITAT order. The Management is confident of defending the Tribunal order in the High Court and made appropriate legal representation in this regard.

(e) The Company has received Show Cause Notices from the Service Tax Department for payment of service tax for an amount of Rs.23.551 as service recipient in respect of reimbursement of salary costs to Zurich Airport during the period 2006 -2010 towards expatriates who were seconded to the project company. The notices are not confirmed by formal demand as on the balance sheet date. The Company has replied with judicial precedence on the matter and is confident of non-applicability of service tax since the payment relates to salary costs to expatriate employees of the Company and hence cannot be treated as services received by the company. Zurich Airport is only a remitter of the foreign currency remuneration as evidenced by Expatriate Remuneration Reimbursement Agreement between the Company and Zurich Airport. The Company has discharged appropriate TDS on salaries on these payments as the economic employer.

(f) Experts/personnel from GVK group have been involved on the expansion of Terminal 1. Since the contract is yet to be formalized (including rates and efforts) for reimbursement of cost for the project related services, the capital expenditure as at 31 March 2011 cannot be reliably ascertained. However, in the opinion of the Management the amount is not likely to be material.

Bankers Charges Report as per Registry

This form is for	Modification of charge
Charge identification number of the modified	80017265
Corporate identity number of the company	U45203KA2001PLC028418
Name of the company	BANGALORE INTERNATIONAL AIRPORT LIMITED
Address of the registered office or of the principal place of business in India of the company	118, Gayathri Lake Front, Outer Ring Road, Hebbal, Bangalore-560024, Karnataka, India
Type of charge	Book Debts Movable Property (not being pledge) Floating Charge Uncalled Share Capital Immovable Property Goodwill Trademark Copyright or license under a copyright Any Interest in Immovable Property
Particular of charge holder	IDBI Trusteeship Services Limited, Asian Bldg., Ground Floor, 17, R. Kamani Marg, Ballard Estate, Mumbai- 400 001, Maharashtra, India
Email	itsl@idbitrustee.co.in
CIN :	U65991MH2001GOI131154
Nature of description of the instrument creating or modifying the charge	Cancellation of commitment Letter dated 05th December, 2008
Date of instrument Creating the charge	05.12.2008
Amount secured by the charge	Rs.9774.600 Millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Terms of Repayment Repayment commencing from 31st October, 2010 till 31st January, 2018 in 30 (Thirty) quarterly installment of Rs.150.00 Million. Extent and Operation of the charge Charge operates as security, inter-alia for the due payment by the Company of the Rupee Term Loan facility of Rs. 4,500 Million availed by the Company in accordance with the Additional Facility Agreement dated 12th July, 2006 entered into between the Company and the ICICI Bank, together with interest, additional interest, default interest, fees, cost and damages.
Particulars of the present modification	Liability of the Company under the present charge is being reduced by Rs.2076.40 Million (Being commitment cancellation by ICICI Bank in respect of Rupee Facility)

Fixed Assets:

• Building
• Engineering Structure
• Plant and Machinery
• Office Equipment
• Computer
• Furniture and Fixtures
• Vehicles
• Intangibles
• Software

WEBSITE DETAILS :

History

As a pioneer of change in Indian aviation, Bengaluru International Airport has the distinction of being the first airport in India, to be constructed through a public-private partnership. Built and operated along the highest international standards, Bengaluru International Airport is set to become India's leading travel destination known for its quality and efficiency.

Taking off on an exciting note

A long and exciting journey began for Bengaluru International Airport with the signing of a concession agreement in July 2004 between the Government of Karnataka and Bengaluru International Airport Limited (BIAL). Land allocation, acquisition, signing shareholder agreements, and finally commencing construction took almost a decade.

Their venture started at a crucial juncture in the Indian aviation history. Privatisation of airports was a keenly awaited and watched move. So, as the first public private partnership airport in the country, they decided to set the right precedents. They had to carefully architect and finalise their legal framework – the concession agreement, CNS/ ATM agreement, and other documents. Today their robust, well-defined legal framework has guided other greenfield airport contracts. Their initiative has transformed perceptions about airports and how they are built and run.

Around this time, the aviation industry promised tremendous growth. Indian economy was on the upswing and Karnataka's growth seemed even higher than the national average. The Indian Government liberalised civil aviation. Domestic players could commission more private airlines and more foreign airlines could fly into the country.

Since traffic volumes anticipated in the first year of operation were reached during construction stage the scope of project was significantly increased without changing the initial airport opening date.

They saw their vision being translated into reality when the first phase of the airport was thrown open for operations on May 24, 2008.

Press Release

New Traffic and Parking arrangements at BIAL 2011-11-26

Bangalore International Airport Limited (BIAL) today announced that there will be new traffic and parking arrangements at BIAL, in line with the phased plan for expansion of the existing Passenger Terminal Building. The existing roads, drop-off and pick-up kerbs and walkways will be closed and new roads, kerbs and walkways in front of the Terminal will open for passengers from Tuesday, 29th November.

As the airport readies itself to accommodate changes as part of the Terminal 1 expansion project, utmost care is been taken to ensure minimal impact on passengers travelling via BIAL. To facilitate the construction activities, the existing roads in front of the terminal will be closed and traffic will be diverted to two new roads at 12 noon on Tuesday, 29th November. Clear signage will be provided directing airport users to use the “central walkway” for entry or exit to the terminal building. The new kerbs are connected to the Terminal building through covered walkways for passenger convenience. In addition, the P4 (the 10-minute free parking) and P5 (premium parking) parking spaces have been closed. Appropriate signage has been installed at the entry to re-direct passengers to alternate parking areas. Adequate arrangements have been made for ensuring passenger convenience by providing sufficient way finding signage and by deployment of additional staff to assist the passengers at all times.

The closure of the existing roads and diversion to these new roads have been done to facilitate the construction of the roof structure and overhead canopy of the expanded terminal building. The overhead canopies will extend over 40 meters in front of the roof of the present terminal providing shelter and weather protection to passengers both in the inner and outer lanes.

“The safety and comfort of airport users is BIAL’s number one priority” said Mr Hari Marar, President Operations. “Significant planning has been done prior to the commencement of the road and kerb diversion, with a clear goal to minimize the impact on the passengers convenience. Enhanced presence of airport staff in the affected areas, in addition to well placed signage will ensure that passengers are not inconvenienced and are directed intuitively to the passenger terminal building. We urge passengers to stay on marked walkways to the Terminal” he added.

The terminal 1 expansion project commenced in June 2011 and is scheduled to be operational early 2013.

Mr. GV Sanjay Reddy

GV Sanjay Reddy was appointed as the Managing Director of BIAL on April 9, 2010. Sanjay has vast experience in the aviation industry. Apart from holding multiple positions and playing a key management role in the Hyderabad-based GVK, he is also the MD of Mumbai International Airport Private Limited (MIAL). He has been instrumental in implementing GVK’s pioneering forays in the infrastructure sector, with landmark projects across power, road, and airport segments. With the backing of GVK’s experience and expertise in infrastructure development, Sanjay will spearhead BIAL’s expansion phase.

Mr.Sanjay Narayen

Sanjay Narayen is a 1976 batch IAS officer of Maharashtra cadre who has worked in different capacities in the Government of Maharashtra and the Government of India in his 30 year career. After resigning from the IAS in 2006, he joined the GVK PIL board as a director. Mr. Narayen looks after new business development, corporate relations, the oil and gas business of the company and is also currently advisor to the MD, BIAL. At BIAL, Mr. Narayen chairs the executive committee of the company which has all the department heads as its members.

Mr. Bhaskar Bodapati

Bhaskar Bodapati is the Director of Finance at BIAL. Joining the management of the Bangalore International Airport Limited in May 2010, Bhaskar is primarily responsible for the Financial and Accounting functions of the airport. Procurement & Contracts, Regulatory Matters, Legal, Corporate Affairs and Corporate Communications also come under his purview. With over 26 years of finance expertise, Bhaskar has previously worked with a leading global conglomerate in the health care equipment and devices space, Opto Circuits India Limited, as Group Chief Finance Officer. A Chartered Accountant from the Institute of Chartered Accountant of India (1987), and a fifth-batch Management Trainee from Hindustan Aeronautics Limited (HAL), Bhaskar has worked on diverse assignments in the aerospace industry that also includes a stint at the Indian High Commission in London for 3 years.

Mr. Hari Marar

As the President, Airport Operations, Hari Marar is responsible for the entire airport operations, Engineering & Maintenance and Commercial functions of the Bengaluru International Airport. Joining BIAL in September 2006 as the Head of Daily Operations, Hari moved on to become the Chief Operation Officer. As a member of the core team that successfully operationalised the airport project, he was instrumental in defining the operational concept of the airport and in building up the team to ensure its readiness for functioning. Hari brings with him a wealth of experience from over fifteen years spent in service industries that include hospitality, airlines, and airports, across Delhi, Chennai, and Bangalore.

Mr. Rene Baumann

Rene Baumann is the VP – Commercial of Bangalore International Airport Limited. He came on board in July 2010 and is responsible for all the commercial business at the airport. This includes Marketing, Shopping facilities, F&B, Landside Traffic, Taxis, Hotel, Advertising, and Facilities Management. Rene comes with many years of successful experience in the travel retail business. Prior to joining BIAL, he was the Chief Operations Officer Retail at Weitnauer Distribution Ltd. in Basle. He also held various executive and board positions with Dufry and Nuance, leading international travel retail companies. Rene Baumann has a proven track in creating and operating state of the art airport shopping environments in the last 15 years all over European airports.

Mr. Niranjan Reddy

Niranjan Reddy is the VP – Human Resources of Bangalore International Airport Limited. He came on board in July 2010 and now directs the HR and administrative functions at the airport. Niranjan comes with over 23 years of experience in various facets of Human Resources functions. Prior to joining BIAL, he was with GVK Bio leading a talented team of 22 HR professionals and played a key role in building the organization. Niranjan Reddy is also one of the founder members of the prestigious National Human Resources Life Sciences Forum and Contract Research Organizations Conclave.

Mr. Hari Kumar

Hari Kumar was appointed the VP - Engineering and Maintenance of the Bangalore International Airport Limited on September 1, 2010 and is responsible for the construction and maintenance of the entire infrastructure at the airport. Hari brings with him over 20 years of rich experience in infrastructure planning, design and construction. He joined BIAL in May 2007 as Head (Technical, Engineering & Maintenance) and was the main coordinator for quality assurance, testing, commissioning and takeover of the entire airport infrastructure from EPC during the airport project stage. Apart from having over 16 years of expertise in airport planning, design, project management and maintenance, he has also handled several prestigious projects that include the modernization of Currency Note Press; Nasik, Construction of Kendriya Sadan; Bangalore and Central Silk Board Projects; Bangalore to name a few.

Concession Agreement

The Government of India has given BIAL the exclusive right and privilege to carry out the development, design, financing, construction, operation, and management of the airport for a period of 30 years from its opening date, with an option to extend the concession for another 30 years.

No new or existing airport will be permitted to operate as a domestic or international airport within 150 kilometres. The Government of India, represented by the Ministry of Civil Aviation, is committed to equal treatment and non-discrimination of all international airports and to renew the bilateral agreement constantly.

The Concession Agreement recognises that BIAL may carry out any activity or business in connection with handling of aircraft, passengers, baggage, and cargo at the airport. BIAL may at any time grant the service-provider rights to any party for the purpose of carrying out such activities on such terms and conditions as are reasonably appropriate.

CNS/ ATM Agreement

A CNS/ ATM Agreement was signed in April 2005 between the Airports Authority of India (AAI) and BIAL under which the former is responsible for the provision of air traffic services.

Distance from Central Business District (CBD) – MG Road

• 40 KMS

Land area

• Spread over approximately 4,000 Acres

Passenger flow at the terminal building

• Passenger transfer (domestic and international) under one roof.
• Short ways for passenger convenience.
• Common use of check-in counters.
• Passenger experience combines business and leisure.

Check-in counters

• CUTE enabled check-in counters: 53Self check-in counters: 18

Runway details

• 4 km long and 60 metres wide with three rapid exits. These enable an aircraft to exit the runway immediately after it lands, thus allowing for optimum utilisation of the runway.

Boarding gates andAerobridges

• Aerobridges: 8
• Double-arm aerobridge: 1
• Remote bus bays: 9

As operators of India’s prime greenfield airport, we at BIAL are committed to the ideals and practices of environmental responsibility. We work towards creating, conserving, and ascertaining a safe and clean environment for sustainable development. Our management and employees are committed to achieving excellence in environmental compliance, through measures designed to:

• Identify, prevent, control, and minimise adverse environmental impacts associated with airport operations;
• Conserve natural resources in our day-to-day activities;
• Continually improve environmental performance by setting objectives and targets to prevent or reduce pollution/ waste and optimise resources;
• Comply with all applicable legal and other environmental requirements;
• Develop and maintain a highly-motivated and trained work force for effective management of the environment;
• Evaluate, review, and modify environmental management practices keeping in view regulatory and other requirements, community concerns, and technological advancements;
• Help work in harmony with nature by planting saplings, developing a green belt, and promoting lush green surroundings at the airport.

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 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. 51.39
UK Pound	1	Rs. 80.20
Euro	1	Rs. 68.92

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILIRY	1~10	6
--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	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		49

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	-

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.