1. Summary Information

		Country	India
Company Name	NIKHIL FOOTWEARS PRIVATE LIMITED	Principal Name 1	Mr. Nand Kishore Aggarwal
Status	Good	Principal Name 2	Mr. Naresh Kumar Aggarwal
		Registration #	55-026643
Street Address	G-11, Udyog Nagar, Main Rohtak Road, Peera Garhi, Delhi – 110041, India
Established Date	09.01.1987	SIC Code	--
Telephone#	91-11- 41120000	Business Style 1	Manufacturer
Fax #	91-11-25472907	Business Style 2	--
Homepage	http://www.actionshoes.com	Product Name 1	Footwear
# of employees	300 (Approximately)	Product Name 2	Shoe Components
Paid up capital	Rs. 4,300,000/-	Product Name 3	PVC Compound
Shareholders	Directors or relatives of directors- 100.00%	Banking	State Bank of Indore
Public Limited Corp.	No	Business Period	23 years
IPO	No	International Ins.	--
Public Enterprise	No	Rating	A (59)
Related Company
Relation	Country	Company Name	CEO
Associates :	India	Ajay Plastic Industries	--
Note	--

2. Summary Financial Statement

Balance Sheet as of	31.03.2010		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	1022,747,000	Current Liabilities	300,959,000
Inventories	168,113,000	Long-term Liabilities	373,853,000
Fixed Assets	85,628,000	Other Liabilities	16,355,000
Deferred Assets	44,000	Total Liabilities	691,167,000
Invest& other Assets	147,958,000	Retained Earnings	729,023,000
		Net Worth	733,323,000
Total Assets	1,424,490,000	Total Liab. & Equity	1,424,490,000
Total Assets (Previous Year)	1419,309,000
P/L Statement as of	31.03.2010		(Unit: Indian Rs.)
Sales	1001,398,000	Net Profit	23,657,000
Sales(Previous yr)	1003,261,000	Net Profit(Prev.yr)	39,393,000

MIRA INFORM REPORT

Report Date :

14.11.2011

IDENTIFICATION DETAILS

Name :	NIKHIL FOOTWEARS PRIVATE LIMITED
Registered Office :	G-11, Udyog Nagar, Main Rohtak Road, Peera Garhi, Delhi – 110041
Country :	India
Financials (as on) :	31.03.2010
Date of Incorporation :	09.01.1987
Com. Reg. No.:	55-026643
Capital Investment/ Paid-up Capital:	Rs. 4.300 Millions
CIN No.: [Company Identification No.]	U19201DL1987PTC026643
TAN No.: [Tax Deduction & Collection Account No.]	DELN01310B
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer of Footwear, Shoe Components and PVC Compound.
No. of Employees:	300 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

A (59)

RATING		STATUS	PROPOSED CREDIT LINE
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

Maximum Credit Limit :	USD 3000000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is a well established company having fine track. General financial position is good. Trade relations are reported as fair. Business is active. Payments are reported to be regular and as per commitments. The company can be considered good 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 :	G-11, Udyog Nagar, Main Rohtak Road, Peera Garhi, Delhi – 110041, India
Tel. No.:	91-11-41120000
Mobile No.:	91-11-25472907
Fax No.:	nikhilfootwears@hotmail.com finance@actiontesa.com
Website :	http://www.actionshoes.com
Area :	Commercial
Factory :	99, Shahzabad Bagh Industrial Area, Old Rothak Road, Delhi – 110035, India
Tel. No.:	91-11-25105255/ 25472557/ 55450423/ 24/ 25
Fax No.:	91-11-23658037/ 25472907
Location :	Industrial

DIRECTORS

As on 30.09.2010

Name :	Mr. Nand Kishore Aggarwal
Designation :	Director
Address	12/22, East Punjabi Bagh, New Delhi – 110026, India
Date of Birth :	02.12.1948
Date of Appointment :	18.07.1989
DIN NO:	00172520

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	U19201DL1987PTC026643	Nikhil Footwears Private Limited	Director	18-07-89	18-07-89	-	Active	NO
2	U74899DL1989PTC036999	Microtek International Private Limited	Director	19-07-89	19-07-89	-	Active	NO
3	U74899DL1985PTC020225	Kabeer Textiles Private Limited	Director	20-07-91	20-07-91	-	Active	NO
4	U74899DL1995PTC070133	Imarat Properties Private Limited	Director	21-09-95	21-09-95	27-04-09	Active	NO
5	U17115DL1990PTC042209	Garg Polyspin Private Limited	Director	28-08-96	28-08-96	-	Active	NO
6	U74899DL2000PLC105541	Microtek Infosoft Limited. (Part Ix )	Director	04-05-00	04-05-00	-	Active	NO
7	U74899DL2000PLC106915	Dreamz International Limited	Director	20-07-00	20-07-00	-	Active	NO
8	U74899DL2001PTC109155	Global Technoplast Private Limited	Director	30-05-01	30-05-01	-	Active	NO
9	U27109DL2004PTC127305	Action Ispat And Power Private Limited	Director	01-07-04	01-07-04	-	Active	NO
10	U27101DL2004PTC129773	A P I Ispat And Powertech Private Limited	Director	08-10-04	08-10-04	-	Active	NO
11	U20299DL2006PTC154186	Balaji Action Wooddecor Private Limited	Director	22-09-06	22-09-06	-	Active	NO
12	U17303DL2005PTC134427	Pioneer Polyleathers Private Limited	Director	08-12-06	08-12-06	-	Active	NO
13	U72300DL2007PTC160025	Action Infosoft Private Limited	Director	02-03-07	02-03-07	-	Active	NO
14	U36912DL2007PTC169098	Action Wood Products Private Limited	Director	08-10-07	08-10-07	-	Active	NO
15	U45200DL2008PTC184066	Action Infraprojects Private Limited	Director	25-07-09	01-07-09	-	Active	NO
16	U24110DL2009PTC190014	Action Petrochem Private Limited	Director	01-11-10	07-07-09	-	Active	NO
17	U45201DL2008PTC184716	Action Infradevelopers Private Limited	Director	22-09-10	26-11-09	-	Active	NO
18	U45400DL2008PTC183567	Action Infraestate Developers Private Limited	Director	23-09-10	22-02-10	-	Active	NO

Name :	Mr. Naresh Kumar Aggarwal
Designation :	Director
Address:	15/17, East Punjabi Bagh, New Delhi – 110026, India
Date of Birth :	12.09.1954
Date of Appointment :	01.10.1996
DIN NO:	00014342

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	U74899DL1986PTC025967	M G Polymers Private Limited	Director	04-11-86	04-11-86	-	Active	NO
2	U74899DL1994PTC057510	Micro Footwears Private Limited	Director	21-02-94	21-02-94	-	Active	NO
3	U74899DL1994PTC056983	M G Udyog Private Limited	Director	09-03-95	09-03-95	-	Active	NO
4	U74899DL1995PTC066876	See-Saw Properties Private Limited	Director	01-05-95	01-05-95	29-04-09	Active	NO
5	U74899DL1995PTC066865	Loving Memories Properties Priavte Limited	Director	02-05-95	02-05-95	27-04-09	Active	NO
6	U19201DL1987PTC026643	Nikhil Footwears Private Limited	Director	01-10-96	01-10-96	-	Active	NO
7	U74899DL1995PTC070133	Imarat Properties Private Limited	Director	30-06-97	30-06-97	27-04-09	Active	NO
8	U74899DL1994PTC061739	Country Life Grapes Plantation Private Limited	Director	30-06-97	30-06-97	-	Active	NO
9	U28129DL1996PTC076242	Son Pokh India Private Limited	Director	15-06-98	15-06-98	-	Active	NO
10	U74899DL1989PTC034878	Sonika Properties Private Limited	Director	15-06-98	15-06-98	-	Active	NO
11	U74899DL2001PTC109155	Global Technoplast Private Limited	Director	30-05-01	30-05-01	-	Active	NO
12	U24246DL2003PTC118629	Action Energy Private Limited	Director	23-01-03	23-01-03	-	Active	NO
13	U27109DL2004PTC127305	Action Ispat And Power Private Limited	Managing director	01-07-04	01-07-04	-	Active	NO
14	U51312DL2003PTC123147	Millennium Shoe Private Limited	Director	15-11-05	15-11-05	-	Strike off	NO
15	U72300DL2006PTC153451	M.G. Infocom Private Limited	Director	09-09-06	09-09-06	-	Active	NO
16	U55101DL2006PTC154992	M. G. Hospitality Private Limited	Director	26-10-06	26-10-06	-	Strike off	NO
17	U45200DL2006PTC156199	Sanchit Infrasturcure Private Limited	Director	05-12-06	05-12-06	-	Active	NO
18	U19201DL2006PTC156427	Vishesh Footcare Private Limited	Director	11-12-06	11-12-06	-	Active	NO
19	U25209DL2007PTC157971	Sanchit Polymers Private Limited	Director	16-01-07	16-01-07	-	Active	NO
20	U17291DL2007PTC163247	M.G. Fabrics Private Limited	Director	10-05-07	10-05-07	-	Active	NO
21	U17121DL2007PTC163602	Neha Fabtech Private Limited	Director	17-05-07	17-05-07	30-07-07	Strike off	NO
22	U28910DL2007PTC163603	Navneet Autotech Private Limited	Director	17-05-07	17-05-07	-	Strike off	NO
23	U14220DL2007PTC165599	Mg Coal Mines Private Limited	Director	06-07-07	06-07-07	-	Active	NO
24	U65923DL2007PTC166212	M. G. Finvest Private Limited	Director	24-07-07	24-07-07	-	Active	NO
25	U14200DL2007PTC167161	Ram Parkash Minerals And Mines Private Limited	Director	20-08-07	20-08-07	15-02-11	Active	NO
26	U19201DL2007PTC170744	Action Udhyog Private Limited	Director	26-11-07	26-11-07	28-06-11	Active	NO
27	U10300DL2007PTC171244	Mg Coal Mines And Minerals Private Limited	Director	10-12-07	10-12-07	-	Active	NO
28	U28113DL2008PTC175446	M. G. Precision Pipe Private Limited	Director	17-03-08	17-03-08	18-09-08	Active	NO
29	U65923DL2010PTC197855	Micro Stock Holding Private Limited	Director	12-01-10	12-01-10	-	Active	NO
30	U65910DL2010PTC203897	Navneet Fincap Private Limited	Director	09-06-10	09-06-10	-	Active	NO
31	U27100DL2008PTC175069	M. G. Strips Private Limited	Director	17-03-11	17-03-11	-	Active	NO

Name :	Mr. Ajay Kumar Aggarwal
Designation :	Director
Address:	12/22, East Punjabi Bagh, New Delhi – 110026, India
Date of Birth :	23.04.1973
Date of Appointment :	15.10.1998
DIN NO:	00011931

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	U74899DL1994PTC061739	Country Life Grapes Plantation Private Limited	Director	03-02-95	03-02-95	-	Active	NO
2	U74899DL1995PTC066865	Loving Memories Properties Priavte Limited	Director	02-05-95	02-05-95	27-04-09	Active	NO
3	U74899DL1995PTC070133	Imarat Properties Private Limited	Director	30-06-97	30-06-97	27-04-09	Active	NO
4	U28129DL1996PTC076242	Son Pokh India Private Limited	Director	15-06-98	15-06-98	-	Active	NO
5	U17115DL1990PTC042209	Garg Polyspin Private Limited	Director	15-10-98	15-10-98	-	Active	NO
6	U19201DL1987PTC026643	Nikhil Footwears Private Limited	Director	15-10-98	15-10-98	-	Active	NO
7	U74899DL2000PLC105541	Microtek Infosoft Limited (Part Ix )	Director	04-05-00	04-05-00	-	Active	NO
8	U74899DL1994PTC058014	Action Footwears Private Limited	Director	20-07-00	20-07-00	-	Active	NO
9	U45201DL2003PTC121479	Suncity Buildcon Private Limited	Director	25-07-03	25-07-03	29-04-09	Active	NO
10	U45201DL2003PTC121742	Suncity Realtors Private Limited	Director	11-08-03	11-08-03	30-04-09	Active	NO
11	U45201DL2003PTC121998	Ajay Aggarwal Properties Private Limited	Director	29-08-03	29-08-03	25-04-09	Active	NO
12	U45201DL2003PTC121997	A.T. Properties Private Limited	Director	29-08-03	29-08-03	25-04-09	Active	NO
13	U51909DL2003PTC123148	Shatabdi Soap Private Limited	Director	19-11-03	19-11-03	-	Strike off	NO
14	U45201DL1996PTC083915	Suncity Projects Private Limited	Director	01-10-04	01-10-04	08-12-09	Active	NO
15	U28991DL2001PTC128021	Euro Forge Private Limited	Director	31-12-04	31-12-04	-	Active	NO
16	U70101DL2005PTC132900	T.A.Buildcon Private Limited.	Director	11-02-05	11-02-05	30-04-09	Active	NO
17	U45201DL2005PTC132906	Ajay Aggarwal Projects Private Limited	Director	11-02-05	11-02-05	25-04-09	Active	NO
18	U70101DL2005PTC132901	Tarun Aggarwal Properties Private Limited	Director	11-02-05	11-02-05	30-04-09	Active	NO
19	U70101DL2005PTC132898	T.A.Properties Private Limited	Director	11-02-05	11-02-05	30-04-09	Active	NO
20	U70101DL2005PTC133290	T.A. Realtors Private Limited	Director	23-02-05	23-02-05	30-04-09	Active	NO
21	U45201DL2005PTC134881	Shubh Labh Buildwell Private Limited	Director	23-09-06	19-04-05	29-04-09	Active	NO
22	U45201DL2005PTC134880	Harihar Buildtech Private Limited	Director	25-09-06	20-04-05	27-04-09	Active	NO
23	U45201DL2005PTC135204	Shivalik Buildcon Private Limited	Director	30-09-06	29-04-05	29-04-09	Active	NO
24	U70101DL2005PTC136315	Harihar Buildcon Private Limited	Director	17-05-05	17-05-05	27-04-09	Active	NO
25	U70101DL2005PTC136317	Harihar Developers And Promoters Private Limited	Director	17-05-05	17-05-05	27-04-09	Active	NO
26	U45201DL2005PTC136311	Harihar Colonizers Private Limited	Director	17-05-05	17-05-05	27-04-09	Active	NO
27	U70101DL2005PTC136316	Harihar Properties Private Limited	Director	17-05-05	17-05-05	27-04-09	Active	NO
28	U45201DL2005PTC136310	Harihar Projects Private Limited	Director	17-05-05	17-05-05	27-04-09	Active	NO
29	U70101DL2005PTC133443	Bansiwala Realtors Private Limited	Director	14-06-05	14-06-05	25-04-09	Active	NO
30	U70101DL2005PTC139420	Gyaneshwar Realtors Private Limited	Director	05-08-05	05-08-05	27-04-09	Active	NO
31	U70101DL2005PTC139419	Badrivishal Estates Private Limited	Director	05-08-05	05-08-05	25-04-09	Active	NO
32	U70101DL2005PTC139418	Shivshambhu Realtors Private Limited	Director	05-08-05	05-08-05	29-04-09	Active	NO
33	U70101DL2005PTC139417	Shivshambhu Constructions Private Limited	Director	05-08-05	05-08-05	29-04-09	Active	NO
34	U70101DL2005PTC139416	Pitamber Projects Private Limited	Director	05-08-05	05-08-05	28-04-09	Active	NO
35	U45201DL2005PTC140017	Girdhar Realtors Private Limited	Director	25-08-05	25-08-05	25-04-09	Active	NO
36	U45201DL2005PTC140019	Girdhar Projects Private Limited	Director	25-08-05	25-08-05	25-04-09	Active	NO
37	U45201DL2005PTC140016	Girdhar Buildtech Private Limited	Director	25-08-05	25-08-05	25-04-09	Active	NO
38	U45201DL2005PTC140020	Girdhar Buildwell Private Limited	Director	25-08-05	25-08-05	25-04-09	Active	NO
39	U00041DL2005PLC140527	Siti Energy Limited	Director	08-09-05	08-09-05	29-04-09	Active	NO
40	U74899DL2005PTC141303	Aparajita Buildcon Private Limited	Director	29-09-05	29-09-05	25-04-09	Active	NO
41	U74899DL2005PTC141300	Mridul Realtors Private Limited	Director	29-09-05	29-09-05	28-04-09	Active	NO
42	U45201DL2005PTC141301	Pushpak Realtors Private Limited	Director	29-09-05	29-09-05	28-04-09	Active	NO
43	U45201DL2005PTC141304	Suryanchal Projects Private Limited	Director	29-09-05	29-09-05	30-04-09	Active	NO
44	U74899DL2005PTC141302	Suryanchal Colonisers Private Limited	Director	29-09-05	29-09-05	30-04-09	Active	NO
45	U74899DL2005PTC141758	Shyamli Promoters And Developer Private Limited	Director	14-10-05	14-10-05	29-04-09	Active	NO
46	U45201DL2005PTC141757	Paarth Promoters And Developers Private Limited	Director	14-10-05	14-10-05	28-04-09	Active	NO
47	U70101RJ2005PTC021091	Modi Buildestate (India) Private Limited	Director	25-09-06	29-10-05	27-04-09	Active	NO
48	U74899DL2005PTC143741	Pulkit Buildwell Private Limited	Director	16-12-05	16-12-05	28-04-09	Active	NO
49	U70201DL2005PTC143743	Jyotima Buildwell Private Limited	Director	16-12-05	16-12-05	27-04-09	Active	NO
50	U70101DL2005PTC143887	Deepankar Buildtech Private Limited	Director	21-12-05	21-12-05	25-04-09	Active	NO
51	U70101DL2005PTC143886	Saarthak Colonizers Private Limited	Director	21-12-05	21-12-05	08-02-11	Active	NO
52	U45201DL2003PTC121769	Glorious Projects Private Limited	Director	07-03-06	07-03-06	27-04-09	Active	NO
53	U33301RJ2003PTC018262	Ambience Township Developers Private Limited	Director	12-05-06	12-05-06	25-04-09	Active	NO
54	U70101DL2006PTC144686	Mahaketu Promoters And Developers Private Limited	Director	30-09-06	13-05-06	08-02-11	Active	NO
55	U70101DL2006PTC144666	Satkartar Buildcon Private Limited	Director	30-09-06	18-05-06	08-02-11	Active	NO
56	U70101DL2005PTC142070	Abhilasha Buildtech Private Limited	Director	30-09-06	19-05-06	08-02-11	Active	NO
57	U70109DL2006PTC151324	Suncity Dhoot Colonizers Private Limited	Director	24-02-09	27-07-06	08-02-11	Active	NO
58	U70109DL2006PTC151731	Suncity Dhoot Projects Private Limited	Director	07-08-06	07-08-06	-	Active	NO
59	U70109DL2006PTC151864	Suncity Dhoot Developers Private Limited	Director	10-08-06	10-08-06	08-02-11	Active	NO
60	U70109DL1999PTC099190	Essel Housing Projects Private Limited	Director	28-09-06	24-08-06	09-11-09	Active	NO
61	U70109DL2006PTC152730	Radhesh Projects Private Limited	Director	30-08-06	30-08-06	28-04-09	Active	NO
62	U45201DL2005PTC138087	Crazy Developers Private Limited	Director	30-08-06	30-08-06	25-04-09	Active	NO
63	U45201DL2004PTC131302	Quantum Land And Housing Private Limited	Director	30-08-06	30-08-06	28-04-09	Active	NO
64	U70109DL2006PTC152860	Padmesh Buildtech Private Limited	Director	31-08-06	31-08-06	28-04-09	Active	NO
65	U70109DL2006PTC152809	Radhesh Buildwell Private Limited	Director	30-09-10	31-08-06	-	Active	NO
66	U70109DL2006PTC152859	Essel Propwell Private Limited	Director	31-08-06	31-08-06	28-04-09	Active	NO
67	U70109DL2006PTC152896	Krishang Buildwell Private Limited	Director	01-09-06	01-09-06	27-04-09	Active	NO
68	U70109DL2006PTC152967	Krishang Projects Private Limited	Director	02-09-06	02-09-06	27-04-09	Active	NO
69	U70109DL2006PTC152966	Padmesh Realtors Private Limited	Director	02-09-06	02-09-06	20-03-09	Active	NO
70	U70109DL2006PTC153498	Padmesh Buildwell Private Limited	Director	11-09-06	11-09-06	28-04-09	Active	NO
71	U45200DL2006PTC153612	Krishang Buildtech Private Limited	Director	12-09-06	12-09-06	27-04-09	Active	NO
72	U70109DL2006PTC153743	Radhesh Realtors Private Limited	Director	14-09-06	14-09-06	28-04-09	Active	NO
73	U20299DL2006PTC154186	Balaji Action Wooddecor Private Limited	Director	22-09-06	22-09-06	-	Active	NO
74	U72300DL2007PTC160025	Action Infosoft Private Limited	Director	02-03-07	02-03-07	-	Active	NO
75	U70101DL2005PTC133156	Virgo Estates Private Limited	Additional director	16-08-07	16-08-07	30-04-09	Active	NO
76	U70101DL2004PTC127924	Karma Buildwell Private Limited	Additional director	16-08-07	16-08-07	27-04-09	Active	NO
77	U92490DL2007PTC158621	Jovial Entertainment Private Limited	Additional director	28-08-07	28-08-07	24-11-09	Active	NO
78	U74899DL1989PTC036999	Microtek International Private Limited	Additional director	07-11-07	07-11-07	13-12-10	Active	NO
79	U45101DL2006PTC148863	Suncity Haryana Sez Developers Private Limited	Director	20-09-08	19-08-08	-	Active	NO
80	U45201DL2003PTC121743	A T Buildcon Private Limited	Additional director	19-08-08	19-08-08	25-04-09	Active	NO
81	U45400DL2008PTC183567	Action Infraestate Developers Private Limited	Director	22-09-08	22-09-08	01-04-10	Active	NO
82	U45200DL2008PTC183592	Action Infrabuildcon Private Limited	Director	23-09-08	23-09-08	01-04-10	Active	NO
83	U45200DL2008PTC184066	Action Infraprojects Private Limited	Director	07-10-08	07-10-08	-	Active	NO
84	U45201DL2008PTC184716	Action Infradevelopers Private Limited	Director	06-11-08	06-11-08	-	Active	NO
85	U74120DL2008PTC184993	Time Tower Estate Management Services Private Limited	Director	18-11-08	18-11-08	02-07-09	Active	NO
86	U70109DL2008PTC184589	Action Urbandevelopers Private Limited	Director	23-09-09	10-12-08	-	Active	NO
87	U70109DL2006PTC149244	Viresh Buildwell Private Limited	Director	29-09-09	29-04-09	08-02-11	Active	NO
88	U10200DL2009PTC190790	Action Osd Overseas Coals And Mines Private Limited	Director	01-06-09	01-06-09	-	Active	NO
89	U45209DL2008PTC184771	Action Constructbuild Private Limited	Director	25-09-10	10-05-10	-	Active	NO
90	U45400DL2008PTC183591	Action Constructwell Private Limited	Director	23-09-10	10-05-10	-	Active	NO
91	U70106DL2010PTC204646	Microtek Realestate Developers Private Limited	Director	24-06-10	24-06-10	-	Active	NO
92	U45200DL2010PTC204638	Microtek Infrastructures Private Limited	Director	24-06-10	24-06-10	-	Active	NO
93	U45400DL2010PTC204636	Microtek Urbandevelopers Private Limited	Director	24-06-10	24-06-10	-	Active	NO
94	U45400DL2010PTC204771	Microtek Infratech Private Limited	Director	25-06-10	25-06-10	-	Active	NO
95	U45400DL2010PTC204770	Microtek Infradevelopers Private Limited	Director	25-06-10	25-06-10	-	Active	NO
96	U45400DL2010PTC204768	Microtek Buildwell Private Limited	Director	25-06-10	25-06-10	-	Active	NO
97	U45400DL2010PTC205104	Microtek Infraprojects Private Limited	Director	02-07-10	02-07-10	-	Active	NO
98	U70109DL2010PTC205101	Microtek Realtors Private Limited	Director	02-07-10	02-07-10	-	Active	NO
99	U70101DL2010PTC205252	Trilokpati Buildtech Private Limited	Director	05-07-10	05-07-10	-	Active	NO
100	U70200DL2010PTC205242	Trilokpati Infraestate Private Limited	Director	05-07-10	05-07-10	-	Active	NO
101	U70101DL2010PTC205362	Muralidhar Buildestate Private Limited	Director	06-07-10	06-07-10	-	Active	NO
102	U70109DL2010PTC205321	Avighna Promoters And Developers Private Limited	Director	06-07-10	06-07-10	-	Active	NO
103	U70101DL2010PTC205316	Muralidhar Infraestate Private Limited	Director	06-07-10	06-07-10	-	Active	NO
104	U70101DL2010PTC205386	Trilokpati Residency Private Limited	Director	07-07-10	07-07-10	-	Active	NO
105	U45200DL2006PTC154044	Deepanshu Projects Private Limited	Director	06-09-10	20-08-10	-	Active	NO

Name :	Mr. Navneet Aggarwal
Designation :	Director
Address:	15/17, East Punjabai Bagh, New Delhi – 110026, India
Date of Birth :	18.09.1985
Date of Appointment :	01.04.2009
DIN NO:	01605026

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	U17121DL2007PTC163602	Neha Fabtech Private Limited	Director	30-06-07	30-06-07	-	Strike off	NO
2	U14200DL2007PTC167161	Ram Parkash Minerals And Mines Private Limited	Director	20-08-07	20-08-07	15-02-11	Active	NO
3	U18204DL2007PTC167216	Navneet Garments Private Limited	Director	20-08-07	20-08-07	-	Strike off	NO
4	U28910DL2007PTC168272	M.G. Iron And Steel Company Private Limited	Director	17-09-07	17-09-07	-	Active	NO
5	U72300DL2006PTC153451	M.G. Infocom Private Limited	Director	01-11-07	01-11-07	-	Active	NO
6	U19201DL2007PTC170744	Action Udhyog Private Limited	Director	26-11-07	26-11-07	-	Active	NO
7	U72300DL2007PTC172019	Navneet Infotech Private Limited	Director	28-12-07	28-12-07	-	Strike off	NO
8	U27109DL2004PTC127305	Action Ispat And Power Private Limited	Director	15-09-08	21-01-08	-	Active	NO
9	U27100DL2008PTC175069	M. G. Strips Private Limited	Director	10-03-08	10-03-08	-	Active	NO
10	U28113DL2008PTC175446	M. G. Precision Pipe Private Limited	Director	17-03-08	17-03-08	-	Active	NO
11	U14290DL2008PTC178153	Action Metcoke Private Limited	Director	15-05-08	15-05-08	-	Active	NO
12	U19201DL1987PTC026643	Nikhil Footwears Private Limited	Director	01-04-09	01-04-09	-	Active	NO
13	U72200DL2009PTC191751	M. G. Flo2go Technology Private Limited	Director	30-06-09	30-06-09	-	Active	NO
14	U35122DL2007PTC167190	Majestic Autocomp Private Limited	Additional director	15-07-09	15-07-09	-	Active	NO
15	U65923DL2010PTC197855	Micro Stock Holding Private Limited	Director	12-01-10	12-01-10	-	Active	NO
16	U65910DL2010PTC203897	Navneet Fincap Private Limited	Director	09-06-10	09-06-10	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2010

Names of Shareholders	No. of Shares
Mange Ram Aggarwal	1670
Subhash Chander Aggarwal	2500
Varun Aggarwal	1500
Naresh Kumar Aggarwal	2500
Anil Kumar Aggarwal	2500
Nand Kishore Aggarwal	3100
Urmil Aggarwal	1500
Shanti Devi	1500
Ajay Kumar Aggarwal	1500
Amit Aggarwal	1500
Charu Aggarwal	750
Nisha Aggarwal	1000
Tarun Aggarwal	1500
Raj Kumar Gupta	1500
Vinod Kumari	1500
Bimal Prasad Jain	1250
Vivek Jain	750
Navneet Aggarwal	1500
Nikhil Aggarwal	1000
Vishesh Gupta	1500
Sanchit Gupta	1500
Ruchi Aggarwal	1000
Ankit Aggarwal	1500
Sushma Aggarwal	1980
Neha Aggarwal	1000
Asha Devi	2000
Ashi Aggarwal	2000
Total	43000

Equity Share Break up (Percentage of Total Equity)

AS ON 30.09.2010

Category	Percentage
Directors or relatives of directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer of Footwear, Shoe Components and PVC Compound.

Products :

· Footwear

· Pu Sole

· Sport Shoes

· Other Footwear (With Upper of Textile Materials)

· Upper Sole

Product Description	ITC Code No.
Sports Footwear	6401
Other Footwear	6402
Sole	6406

Brand Names :

• Action
• Health Plus
• Campus
• Dotcom
• Milano
• EVA Flotter
• School Time
• Mausam
• Florina
• Micro
• Hooha
• Fun Time
• Roaming
• Fly Float
• Chanchal
• Flotter
• Easy Line

PRODUCTION STATUS AS ON 31.03.2010

Particulars	Unit	Actual Production
Footwear	Pair	4985766
PVC Compound	Kg.	109793
Sole (Pair)	Pair	369111

GENERAL INFORMATION

No. of Employees :

300 (Approximately)

Bankers :

• State Bank of Bikaner and Jaipur, 5-6, Community Centre, Lawrence Road, Industrial Area, New Delhi-110035, India
• State Bank of Indore, Commercial Branch, M-47, Connaught Circus, New Delhi – 110001, India

Facilities :

Secured Loans	31.03.2010 Rs. in Millions	31.03.2009 Rs. in Millions
Cash Credit Limit with SBBJ Delhi	224.856	181.006
Corporate Loan with SBBJ, Delhi	110.000	25.000
(Secured against Hypothecation of Present and future stock of raw materials, stock-in-process, finished goods, stores and spares and book debts and further be collaterally secured by 1^st charge by equitable mortgage of co’s immovable property i.e. Plot No, 52 and 53 and 451 HSIDS Industrial Estate, Kundli, District Sonepat (Haryana) together will all Building and Structures thereon or to be thereon and all plant and Machinery installed therein or to be installed therein)
	334.856	206.006
Unsecured Loans	31.03.2010 Rs. in Millions	31.03.2009 Rs. in Millions
From Shareholders	16.868	18.576
From Companies	22.129	21.882
Total	38.997	40.458

Banking Relations :	--
Auditors :
Name :	B. S. Jain, Brijendra and Company Chartered Accountants
Address :	76, Darya Ganj, New Delhi – 110002, India
PAN No.:	AADPJ6418Q
Affiliates (As on 31.03.2009):	API Associates Private Limited, India API Polymers India Limited, India Mahan Plastic Private Limited, India Nikhil Udyog, India Micro Industrial Corporation, India Microtek International Limited, India

CAPITAL STRUCTURE

As on 31.03.2010

Authorised Capital :

No. of Shares	Type	Value	Amount
50000	Equity Shares	Rs. 100/-each	Rs. 5.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
43000	Equity Shares	Rs. 100/-each	Rs. 4.300 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		4.300	4.300	4.300
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		729.023	705.366	665.973
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		733.323	709.666	670.273
LOAN FUNDS
1] Secured Loans		334.856	206.006	292.711
2] Unsecured Loans		38.997	40.458	33.364
TOTAL BORROWING		373.853	246.464	326.075
DEFERRED TAX LIABILITIES		0.000	0.000	0.925
TOTAL		1107.176	956.130	997.273
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		85.628	94.294	108.179
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		147.958	147.958	147.959
DEFERREX TAX ASSETS		0.044	0.193	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	168.113	176.025	162.264
	Sundry Debtors	490.807	484.804	398.120
	Cash & Bank Balances	29.228	16.591	17.912
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	502.712	499.444	364.533
Total Current Assets		1190.860	1176.864	942.829
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditor	179.869	257.193	115.685
	Other Current Liabilities	121.090	181.362	64.214
	Provisions	16.355	24.624	21.795
Total Current Liabilities		317.314	463.179	201.694
Net Current Assets		873.546	713.685	741.135
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		1107.176	956.130	997.273

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2010	31.03.2009	31.03.2008
	SALES
		Income	1001.398	1003.261	1042.471
		Other Income	30.419	28.660	29.325
		TOTAL (A)	1031.817	1031.921	1071.796
Less	EXPENSES
		Office Expenses	934.119	918.921	959.347
		Administrative Expenses
		Advertising Expenses
		TOTAL (B)	934.119	918.921	959.347
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		97.698	113.000	112.449
Less	FINANCIAL EXPENSES (D)		37.660	28.551	29.231
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		60.038	84.449	83.218
Less/ Add	DEPRECIATION/ AMORTISATION (F)		19.466	21.566	24.512
	PROFIT BEFORE TAX (E-F) (G)		40.572	62.883	58.706
Less	TAX (H)		16.915	23.490	20.665
	PROFIT AFTER TAX (G-H) (I)		23.657	39.393	38.041
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		9.016	9.623	11.582
Less	APPROPRIATIONS
		Transfer to General Reserve	12.500	40.000	40.000
	BALANCE CARRIED TO THE B/S		20.173	9.016	9.623
	Earnings Per Share (Rs.)		550.16	916.12	884.67

KEY RATIOS

PARTICULARS		31.03.2010	31.03.2009	31.03.2008
PAT / Total Income	(%)	2.29	3.81	3.55
Net Profit Margin (PBT/Sales)	(%)	4.05	6.27	5.63
Return on Total Assets (PBT/Total Assets}	(%)	3.18	4.95	5.59
Return on Investment (ROI) (PBT/Networth)		0.06	0.09	0.09
Debt Equity Ratio (Total Liability/Networth)		0.94	0.99	0.79
Current Ratio (Current Asset/Current Liability)		3.75	2.54	4.67

LOCAL AGENCY FURTHER INFORMATION

OPERATIONS

The company have achieved sale turnover of Rs. 1001.398 Millions as against the sale turnover of Rs. 1003.261 Millions in the previous year and earned a net profit of Rs. 40.572 Millions as against a net profit of Rs. 62.883 Millions in the previous year.

The company had taken steps for further diversification in the fields of Real Estate, Steel and Power products. It had promoted a company by subscribing to the memorandum in consortium with other renowned Business Houses in Real Estate business and also promoted Steel and Power Products by subscribing to the shares in that company.

Contingent liabilities not provided for in the books	31.03.2010	31.03.2009	31.03.2008
Letter of credit issued by bank	4930262	11950000	15017440
Bank Guarantee	4424959	7539330	7822546
Gratuity payable	12005113	9952330	8113240

Bankers Charges Report as per Registry

Corporate identity number of the company	U19201DL1987PTC026643
Name of the company	NIKHIL FOOTWEARS PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	G-11, Udyog Nagar, Main Rohtak Road, Peera Garhi, Delhi – 110041, India Email: finance@actiontesa.com
This form is for	Modification of charge
Charge Identification number of the charge to be modified	80006019
Type of charge	Immovable Property Book Debts Movable Property (not being pledge)
Particular of charge holder	State Bank of Bikaner and Jaipur, 5-6, Community Centre, Lawrence Road, Industrial Area, New Delhi-110035, India Email: sbbj10355@sbbj.co.in
Nature of description of the instrument creating or modifying the charge	Enhancement of limit by supplementary agreement of hypothecation of goods and assets for increase in overall limit
Date of instrument Creating the charge	19.09.2011
Amount secured by the charge	Rs. 742.500 Millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest 3% Above base rate in C. C. and STCL 3.5% Above base rate in term loan and 4% Above base rate in SLC limit All above rates are on monthly rests subject to change from time to time Terms of Repayment Working capital repayable on demand short term corporate loan repayable in 12 qtly installments as per agreement Margin As per agreement Extent and Operation of the charge Extent of operation 100%
Short particulars of the property charged	All present and future goods, book debts and all other moveable and current assets of the borrower company. Exclusive first charge on all present and future fixed assets including plant and machinery of the borrower company. Equitable mortgage of plots no. 52, 53 and 461, HSIDC industrial area, Kundli, district Sonepat (Haryana) together with present and future buildings thereon
Date of last modification prior to the present modification	12.02.2011
Particulars of the present modification	Enhanced credit facilities of Rs. 742.500 millions shall be inclusive of following limits Cash Credit - Rs. 300.000 Millions Sub limit against book debts - ( Rs. 150.000 Millions) Within the above limit Term Loan - Rs. 97.500 Millions STCL (Old) - Rs. 55.000 Millions (Present outstanding) STCL (New ) - Rs. 200.000 Millions Standby line of credit (SLC)- Rs. 30.000 Millions L C- Rs. 40.000 Millions B.G - Rs. 20.000 Millions Total limit - Rs. 742.500 Millions

FIXED ASSETS:

· Land

· Buildings

· Plant and Machinery

· Moulds and Dies

· Generator

· Electric installation

· Furniture and Fixture

· Office Equipment

· Weighing machine

· Vehicles

· Cycles

· Computers

· Air Conditioner

· Air Compressor

· Water cooler

· Pump set

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.50.27
UK Pound	1	Rs.80.07
Euro	1	Rs.68.44

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	7
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	7
--PROFITABILIRY	1~10	6
--LIQUIDITY	1~10	7
--LEVERAGE	1~10	7
--RESERVES	1~10	7
--CREDIT LINES	1~10	6
--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		59

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.