MIRA INFORM REPORT

Report Date :

05.11.2011

IDENTIFICATION DETAILS

Name :	DAGA GLOBAL CHEMICALS LIMITED
Registered Office :	112, Dattani Trade Centre, Chandavarkar Road, Borivali (West), Mumbai-400092, Maharashtra
Country :	India
Financials (as on) :	31.03.2010
Date of Incorporation :	28.03.1996
Com. Reg. No.:	11-98494
Capital Investment / Paid-up Capital :	Rs.40.000 Millions
CIN No.: [Company Identification No.]	U24100MH1996PLC098494
IEC No.:	0389019496
TAN No.: [Tax Deduction & Collection Account No.]	MUMD07970E
PAN No.: [Permanent Account No.]	AAACD2233M
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Suppliers and Distributors of Chemicals, Pharmaceutical Raw Materials.
No. of Employees :	300 (Approximately)

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 680000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track. Trade relations are reported as fair. Business is active. Payments are reported to be usually correct and as per commitments. The company can be considered normal for business dealings at usual trade terms and conditions.

NOTES :

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

ECGC Country Risk Classification List – 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

INFORMATION PARTED BY

Name :	Mr. Vijay
Designation :	Finance Controller

LOCATIONS

Registered/ Head Office :	112, Dattani Trade Centre, Chandavarkar Road, Borivali (West), Mumbai-400092, Maharashtra, India
Tel. No.:	91-22-28060909/ 28924466
Fax No.:	91-22-28911013/ 28911014
E-Mail :	kokila.gadhiya@dagaglobal.com mumbai@dagaglobal.com
Website :	http://www.dagaglobal.com
Area :	985 sq. ft.
Location :	Owned
Corporate Office :	Sector 12, Lilashah Nagar, Gandhidham – 370201, Gujarat, India
Tel. No.:	91-22-28920909/ 91-79-6634793
Overseas Office :	Located at: Dubai Shanghai
Marketing Office	Located at: New Delhi Hyderabad Kolkata
Branch Office :	Located at: Kolkata New Delhi Gandhidham Ahmedabad Tamilnadu Hyderabad

DIRECTORS

As on 30.09.2010

Name :

Mr. Satyen M. Daga

Designation :

Chairman and Managing Director

Address :

A-4/401, Yogi Palace, Yogi Nagar, Borivali (West), Mumbai-400091, Maharashtra, India

Date of Birth/Age :

12.12.1961

Qualification

B. Com Graduate

Date of Appointment :

28.03.1996

PAN No.:

AAAPD9787F

Din No.:

00202627

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	U51900MH1990PTC055460	DAGA LIFE SCIENCES PRIVATE LIMITED	Director	15-02-90	15-02-90	Active	NO
2	U24100MH1996PLC098494	DAGA GLOBAL CHEMICALS LIMITED	Managing director	01-06-10	28-03-96	Active	NO
3	U65910MH1996PTC101607	DAGA FINANCIAL SERVICES PRIVATE LIMITED	Director	05-08-96	05-08-96	Active	NO
4	U63090MH2000PTC128859	SIDDHI BULK CARRIERS PRIVATE LIMITED	Director	01-12-05	01-12-05	Active	NO

Name :

Ms. Kokila Amrutlal Gadhiya

Designation :

Whole-Time Director

Address :

A-503, Shiv Amrut, Bharwany’s Complex, Kalyan (West), Thane-421301, Maharashtra, India

Date of Birth/Age :

29.12.1963

Qualification

B. Com. Graduate

Date of Appointment :

01.06.2007

PAN No.:

ABMPG4824F

Din No.:

00226266

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	U24100MH1996PLC098494	DAGA GLOBAL CHEMICALS LIMITED	Whole-time director	01-06-10	28-03-96	Active	NO
2	U51900MH1990PTC055460	DAGA LIFE SCIENCES PRIVATE LIMITED	Director	11-09-00	11-09-00	Active	NO
3	U65910MH1996PTC101607	DAGA FINANCIAL SERVICES PRIVATE LIMITED	Director	11-09-00	11-09-00	Active	NO
4	U63090MH2000PTC128859	SIDDHI BULK CARRIERS PRIVATE LIMITED	Director	01-12-05	01-12-05	Active	NO

Name :

Mr. Vijay Gajanan Gangan

Designation :

Additional Director

Address :

A-704, Shri Krishna, Borasa Pada Road, Near Kamala Vihar Sports Club, Kandivali- West, Mumbai-400067, Maharashtra, India

Date of Birth/Age :

10.05.1968

Date of Appointment :

03.05.2006

PAN No.:

AECPG9990D

Din No.:

00226149

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	U63090MH2000PTC128859	SIDDHI BULK CARRIERS PRIVATE LIMITED	Director	01-12-05	01-12-05	Active	NO
2	U24100MH1996PLC098494	DAGA GLOBAL CHEMICALS LIMITED	Whole-time director	01-06-10	03-05-06	Active	NO

Name :

Mr. Shiv Kumar Singhal

Designation :

Director

Address :

F-14, Ashok Vihar Phase- I, Delhi-11052, India

Date of Birth/Age :

30.05.1952

Date of Appointment:

29.09.2007

Din No.:

00075934

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	U91110PB1983NPL005365	JCT EMPLOYEES WELFARE ASSOCIATION	Director	30-10-92	30-10-92	10-06-08	Active	NO
2	L17124RJ1997PLC013498	JAGJANANI TEXTILES LIMITED	Whole-time director	01-10-09	23-07-97	-	Active	NO
3	U52110DL1930PLC000224	GUPTA AND SYAL LIMITED	Director	05-04-01	05-04-01	02-06-08	Amalgamated	NO
4	U17115DL2004PLC129499	KCT TEXTILES LIMITED	Director	29-09-04	29-09-04	14-01-09	Active	NO
5	U91120UP1989PTC010399	NUTAN PUBLISHERS PRIVATE LIMITED	Director	29-11-05	29-11-05	30-04-08	Active	NO
6	U17214RJ1998PTC014997	RADHA SARVESHWAR TEXTILES PRIVATE LIMITED	Director	30-04-07	30-04-07	03-05-10	Active	NO
7	U24100MH1996PLC098494	DAGA GLOBAL CHEMICALS LIMITED	Director	29-09-07	05-05-07	-	Active	NO

Name :

Mr. Maheshkumar Hansraj Mishra

Designation :

Independent Director

Address :

A-1/401-402, Yogi Place, Yogi Nagar, Borivali (West), Mumbai-400091, Maharashtra, India

Date of Birth/Age :

07.07.1951

Date of Appointment:

12.05.2010

Din No.:

03274356

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	U24100MH1996PLC098494	DAGA GLOBAL CHEMICALS LIMITED	Director	17-08-11	12-05-10	Active	NO

Name :

Mr. Ravikumar Maganlal Chaturvedi

Designation :

Independent Director

Address :

Flat No. 302, Golden Town Co-Operative Housing, Chharwada Road, Vapi, Taluka Pardi, District Valsad, Vapi-396191, Gujarat, India

Date of Birth/Age :

03.10.1949

Date of Appointment:

12.05.2010

Din No.:

03154892

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	U24100MH1996PLC098494	DAGA GLOBAL CHEMICALS LIMITED	Director	17-08-11	12-05-10	Active	NO

KEY EXECUTIVES

Name :	Mr. Vijay
Designation :	Finance Controller

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 17.08.2011

Names of Shareholders	No. of Shares
Sayten Mahabirprasad Daga	261920
Pradeep Daga	10
Rama Daga	6470
Kokila A. Gadhiya	12000
Sayten Daga and Rama Daga	97640
Mahesh Daga	20000
Vijay Gajanan Gangan	1000
Krishnakumar Saboo	10
Deepal Modani	200
Moloy Kumar Panja	500
N. Krishnan	250
Total	400000

As on 17.08.2011

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Directors or relatives of directors	99.56
Other top fifty shareholders	0.44
Total	100.00

BUSINESS DETAILS

Line of Business :

Suppliers and Distributors of Chemicals, Pharmaceutical Raw Materials.

Products :

Product Description	Items Code
Chemicals / Solvents/ Intermediates/ Polymers/ Lubricants	25 to 40

Terms :

Selling :

Cash and Credit (Depand)

Purchasing :

Cash and Credit (Depand)

GENERAL INFORMATION

Customers :

Chemical Company

No. of Employees :

300 (Approximately)

Bankers :

• Union Bank of India, Bhat Bazar Branch, Anant Deep Chambers, 273/ 277, Narsi Natha Street, Mumbai-400009, Maharashtra, India
• Union Bank of India, Industrial Finance Branch, Nariman Point, Mumbai – 400021, Maharashtra, India

Facilities :

Secured Loan	As on 31.03.2010 (Rs. in Millions)	As on 31.03.2009 (Rs. in Millions)
From Union Bank of India (Secured against hypothecation of currency assets, backed by personal guarantees of promoter directors) Bank Overdraft	129.493	0.000
Bills Discounted and Extended Credit against Foreign L/C
UBD Hundi	1.830	1.954
UBD L/C	9.222	51.501
Import L/C	0.000	4.426
Foreign Currency Term Loan (In of SOD Book Debts)	0.000	91.011
Total	140.545	148.892

Banking Relations :	--
Auditors :
Name :	A P Doshi and Company Chartered Accountant
Address :	201, Bhaveshwar Complex, Opposite Railway Station, Vidyavihar (West), Mumbai - 400 086, Maharashtra, India
Tel. No.:	91-22-25146854/25146855
Fax No.:	91-22-25156800/25155141/25146854
E-Mail :	apdoshi@anknet.net apdoshi.cs@gmail.com
Associates/Subsidiaries :	Daga Life Science Private Limited, Mumbai Daga Global Chemicals DMCC Daga Global Chemicals FZCO, Dubai
Foreign Subsidiary:	Zhangjiagang FTZ Dagu Chemical Tr. Company Limited

CAPITAL STRUCTURE

As on 30.09.2010

Authorised Capital :

No. of Shares	Type	Value	Amount
400000	Equity Shares	Rs.100/- each	Rs.40.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
400000	Equity Shares	Rs.100/- each	Rs.40.000 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2010	31.03.2009	31.03.2008
SHAREHOLDERS FUNDS
1] Share Capital		40.000	40.000	40.000
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		130.201	106.706	97.571
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		170.201	146.706	137.571
LOAN FUNDS
1] Secured Loans		140.545	148.892	100.049
2] Unsecured Loans		0.000	0.000	0.000
TOTAL BORROWING		140.545	148.892	100.049
DEFERRED TAX LIABILITIES		0.000	0.118	0.088
TOTAL		310.746	295.716	237.708
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		4.216	4.245	5.643
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		16.705	14.010	17.252
DEFERREX TAX ASSETS		0.016	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	79.998	55.769	37.920
	Sundry Debtors	380.913	224.079	210.540
	Cash & Bank Balances	69.730	90.195	77.431
	Other Current Assets	1.822	2.333	2.867
	Loans & Advances	4.650	10.432	13.110
Total Current Assets		537.113	382.808	341.868
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	221.806	104.761	125.475
	Other Current Liabilities	1.100	0.586	1.580
	Provisions	24.398	0.000	0.000
Total Current Liabilities		247.304	105.347	127.055
Net Current Assets		289.809	277.461	214.813
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		310.746	295.716	237.708

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2010	31.03.2009	31.03.2008
	SALES
		Income	1296.774	1325.251	1130.615
		Other Income	90.875	50.236	73.635
		TOTAL (A)	1387.649	1375.487	1204.250
Less	EXPENSES
		Cost of sales	1260.942	1285.871	1100.277
		Payments to and provision for employees	11.202	13.207	14.931
		Selling and administrative expense	38.443	38.844	39.597
		Loss on sales of fixed assets	0.001	0.068	0.002
		TOTAL (B)	1310.588	1337.990	1154.807
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		77.061	37.497	49.443
Less	FINANCIAL EXPENSES (D)		14.467	23.550	18.511
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		62.594	13.947	30.932
Less/ Add	DEPRECIATION/ AMORTISATION (F)		0.896	1.243	1.600
	PROFIT BEFORE TAX (E-F) (G)		61.698	12.704	29.332
Less	TAX (H)		24.209	3.570	12.153
	PROFIT AFTER TAX (G-H) (I)		37.489	9.134	17.179
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		77.529	71.045	64.323
Less	APPROPRIATIONS
		Transfer to General Reserve	3.700	0.000	2.000
		Reserves for Doubtful Debts	1.310	1.325	1.131
		Reserves for Contingent Liabilities	1.310	1.325	1.131
		Proposed Dividend	12.000	0.000	5.295
		Additional Tax on Dividend	1.993	0.000	0.900
	BALANCE CARRIED TO THE B/S		94.705	77.529	71.045
	EARNINGS IN FOREIGN CURRENCY
		FOB value of exports	11.825	71.029
		Dividend	0.000	6.310	143.182
		Commission	7.947	7.673
	TOTAL EARNINGS		19.772	85.012	143.182
	Earnings Per Share (Rs.)		93.72	22.84	44.82

KEY RATIOS

PARTICULARS		31.03.2010	31.03.2009	31.03.2008
PAT / Total Income	(%)	2.70	0.66	1.43
Net Profit Margin (PBT/Sales)	(%)	4.76	0.96	2.59
Return on Total Assets (PBT/Total Assets}	(%)	11.40	3.28	8.44
Return on Investment (ROI) (PBT/Networth)		0.36	0.09	0.21
Debt Equity Ratio (Total Liability/Networth)		2.28	1.73	1.65
Current Ratio (Current Asset/Current Liability)		2.17	3.63	2.69

LOCAL AGENCY FURTHER INFORMATION

OPERATION:

In the aftermath of global economic turmoil last quarter of 2008, whole of 2009 witnessed heavy gyrations in products prices with off and on demand-supply imbalance. Business sentiment all along remained under shadow of caution optimism, which still persist.

During the year, though the company has recorded marginal growth in sales, there has been substantial jump in PBT because of right product mix, tighter control, on recoveries and expenses, further strengthening company financials.

BANKERS CHARGES REPORT AS PER REGISTRY

This form is for	Modification of charge
Charge identification number of the modified	80019837
Corporate identity number of the company	U24100MH1996PLC098494
Name of the company	DAGA GLOBAL CHEMICALS LIMITED
Address of the registered office or of the principal place of business in India of the company	112, Dattani Trade Centre, Chandavarkar Road, Borivali (West), Mumbai-400092, Maharashtra, India
Type of charge	Immovable Property
Particular of charge holder	Union Bank of India, BIndustrial Finance Branch, Nariman Point, Mumbai – 400021, Maharashtra, India
Email	cbsifb@unionbankofindia.com
Nature of description of the instrument creating or modifying the charge	Union Bank of India Letter
Date of instrument Creating the charge	13.08.2010
Amount secured by the charge	Rs.418.700 Millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest As determined by the Bank from time to time Terms of Repayment Working Capital Facilities on Demand and Term Loan in installments Margin As per sanction terms Extent and Operation of the charge To additionally secure various facilities aggregating to Rs.418.700 Millions granted by the Bank to the Company Others Mortgage Created earlier for Properties at Hyderabad and Vashi Navi Mumbai stands Released and Mortgage created earlier for the Property at Lote Pashuram Industrial Area will continue
Short particulars of the property charged	Equitable Mortgage Created in Favour of the Bank for the Following Properties Stands Released viz 1. Flat No.501 My Home Fern hill Apartments, Rajhbhavan Road, Somajijuda, Hyderabad and (cont) Office No.110 Punit Chambers,Plot No.796 Sector 18 Vashi Navi Mumbai and (cont) Equitable Mortgage Created in Favour of the Bank for the Following Property Will Continue viz 1. Plot No. D-13/1 and D-13/12 in Lote Pashuram Industrial Area within the Village Limits of Lote (cont) Taluka and Registration Sub-District Khed and Registration District Ratnagiri admeasuring 3300 Sq.mt
Date of latest modification prior to the present modification	28.12.2006
Particulars of the present modification	Vide this modification A. Equitable Mortgage Created in Favour of the Bank for the Following Properties Stands Released viz 1.Flat No.501 My Home Fernhill Apartments,Rajhbhavan Road,Somajijuda, Hyderabad and 2.Office No.110 Punit Chambers,Plot No.796 Sector 18 Vashi Navi Mumbai and B Equitable Mortgage Created in Favour of the Bank for the following Property Will Continue viz 1.Plot No. D-13/1 and D-13/12 in Lote Pashuram Industrial Area within the Village Limits of Lote

FIXED ASSETS:

v Land

v Building

v Office Equipment

v Furniture and Fixture

v Computers Systems

v Vehicles

CMT REPORT (Corruption, Money Laundering & Terrorism]

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

1] INFORMATION ON DESIGNATED PARTY

No 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.49.08
UK Pound	1	Rs.78.65
Euro	1	Rs.67.79

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILIRY	1~10	6
--LIQUIDITY	1~10	6
--LEVERAGE	1~10	5
--RESERVES	1~10	6
--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	YES
--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.