MIRA INFORM REPORT

Report Date :

12.12.2011

IDENTIFICATION DETAILS

Name :	GANESH BENZOPLAST LIMITED

Registered Office :	Dina Building, 1^st Floor, M K Road, Marine Lines (East), Mumbai – 400 002, Maharashtra

Country :	India

Financials (as on) :	31.03.2010

Date of Incorporation :	15.05.1986

Com. Reg. No.:	11-39836

Capital Investment / Paid-up Capital :	Rs. 53.445 Millions

CIN No.: [Company Identification No.]	L24200MH1986PLC039836

TAN No.: [Tax Deduction & Collection Account No.]	MUMG10314D

PAN No.: [Permanent Account No.]	AAACG1259J

Legal Form :	Public Limited Liability Company. The Company’s Shares are Listed on the Stock Exchanges.

Line of Business :	Manufacturer, Exporter and Importer of specialty chemicals, organic food preservatives, chemical food preservatives, synthetic food preservatives.

No. of Employees :	350 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

C (04)

RATING		STATUS	PROPOSED CREDIT LINE
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

Status :	Sick Unit

Payment Behaviour :	Slow and Delayed

Comments :	Subject is a Sick Unit and has been referred to BIFR. Profitability of the company is under severe pressure. The company continues to incure heavy losses. There are huge accumulated losses recorded by the company. Payments are reported as slow and delayed. The company can be considered for any business dealings on fully safe and secured trade terms and conditions.

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – September 30, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

India

INFORMATION PARTED BY

LOCATIONS

Registered Office :	Dina Building, 1^st Floor, M K Road, Marine Lines (East), Mumbai – 400 002, Maharashtra, India
Tel No.:	91-22-28390729 / 28390719 / 28390694
Mobile No. :	91-9867404504 [Mr. Ramakant Pilani]
Fax No.:	91-22-22086052 / 28390715
E-Mail :	gbljbn@yahoo.com info@ganeshgroup.com shaileshpradhan2@yahoo.com
Website :	http://www.ganeshgroup.co.in
Area :	4500 sq. ft. [Approximately]

Corporate Office :	Ganesh House, A-1/A-2, Grudutt Co-operative Housing Society Limited, Ground Floor, Near Janakalyan Bank, J B Nagar, Andheri (East), Mumbai – 400 059, Maharashtra, India
Tel. No.:	91-22-28390729 / 28390719 / 28390694 / 28321794 / 28593252 / 53 / 54 / 57
Fax No.:	91-22-22068475/ 28505529/ 4412 / 28390715
E-Mail :	gbl@ganeshgroup.com info@ganeshgroup.com
Website :	http://www.ganeshgroup.co.in

Factory 1 :	Chemical Division: D-5/2 and D-21/2/2, M.I.D.C. Industrial Area, Tarapur, District Thane, Maharashtra, India

Factory 2 :	Infrastructure Division: Jawaharlal Nehru Port (JNPT), Bulk Road, Nhava Sheva, Navi Mumbai – 400 707, Maharashtra, India
Tel. No.:	91-22-27241011

Factory 3 :	Plot No. A-1,2,3, South End, Willington, Island, Cochin –682029, Kerala, India

Factory 4 :	Head Land, Sada, Mormugoa – 403803, Goa, India

DIRECTORS

AS ON 30.09.2011

Name :	Mr. Nalinakshan Kolangaradath
Designation :	Director
Address :	602, charle Ville, ‘A’ Road, Churchgate, Mumbai-400020, Maharashtra, India
Date of Birth/Age :	08.11.1942
Date of Appointment :	29.09.2007
DIN No.:	00114069

Name :	Mr. Gyan Bhanwarlal Chordia
Designation :	Director
Address :	Chaitiya Towers, F No.1103, 11^th Floor, S. H. Marg, Mazgaon, Mumbai-400010, Maharashtra, India
Date of Birth/Age :	01.07.1959
Date of Appointment :	28.06.2008
DIN No.:	00625473

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	U18108RJ1997PTC014054	RISHABH SUITINGS PRIVATE LIMITED	Director	25-07-97	25-07-97	Active	NO
2	L24200MH1986PLC039836	GANESH BENZOPLAST LIMITED	Director	29-09-08	29-09-07	Active	NO
3	U45202MH2010PTC205313	INDEXONE INFRACON AND LOGISTICS PRIVATE LIMITED	Director	07-07-10	07-07-10	Active	NO
4	L15142GJ1992PLC018745	GOKUL REFOILS AND SOLVENT LIMITED	Director	24-09-11	15-06-11	Active	NO

Name :	Mr. Rishi Ramesh Pillani
Designation :	Managing Director
Address :	Shanti Sadan, 10, J. B. Nagar, Andheri (East), Mumbai-400059, Maharashtra, India
Date of Birth/Age :	29.04.1978
Date of Appointment :	18.10.2006
DIN No.:	00901627

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	U24200MH1982PTC028266	GANESH MEDICAMENT PRIVATE LIMITED	Director	29-09-99	29-09-99	03-11-10	Active	NO
2	U65910MH1995PTC085998	GANESH INVESTMENTS AND FINANCIAL TECHNICS PRIVATE LIMITED	Director	01-03-00	01-03-00	-	Active	NO
3	U24100MH1990PLC058352	AUTHENTIC PETROPRODUCTS LIMITED	Director	29-09-00	29-09-00	22-01-11	Active	NO
4	U63032MH2001PLC130992	INFRASTRUCTURE LOGISTIC SYSTEMS LIMITED	Director	26-02-01	26-02-01	-	Active	NO
5	L24230MH1988PLC047243	FUTURISTIC OFFSHORE SERVICES AND CHEMICAL LIMITED	Whole-time director	31-01-02	31-01-02	-	Active	NO
6	L24200MH1986PLC039836	GANESH BENZOPLAST LIMITED	Managing director	30-09-11	18-10-06	-	Active	NO
7	U67120MH2008PTC177679	SUSRAM FINANCIAL SERVICES AND REALTY PRIVATE LIMITED	Director	10-01-08	10-01-08	-	Active	YES
8	U74140MH2008PTC186462	GANESH RISK MANAGEMENT PRIVATE LIMITED	Director	04-09-08	04-09-08	-	Active	YES
9	U72900MH2010PTC199642	POONAM SOFTWARE SOLUTIONS PRIVATE LIMITED	Director	03-02-10	03-02-10	-	Active	NO

Name :	Mr. Runak Ramakant Pilani
Designation :	Director
Address :	Shanti Sadan, 10, J. B. Nagar, Andheri (East), Mumbai-400059, Maharashtra, India
Date of Birth/Age :	11.11.1987
Date of Appointment :	28.06.2008
DIN No.:	00932269

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	U24290MH2005PTC154447	UNITED BIOCHEMICALS PRIVATE LIMITED	Director	11-11-05	11-11-05	-	Active	YES
2	U24230MH2005PTC153957	AGARWAL BULKACTIVES PRIVATE LIMITED	Director