MIRA INFORM REPORT

Report Date :

21.11.2011

IDENTIFICATION DETAILS

Correct Name :	SHANTHI ENTERPRISE (INDIA) PRIVATE LIMITED
Registered Office :	Old No. 17, New No. 43 Hindiprachar Saba Street T. Nagar, Chennai – 600 017, Tamil Nadu
Country :	India
Date of Incorporation :	10.03.2011
Com. Reg. No.:	18-079555
Capital Investment / Paid-up Capital :	Rs. 1.000 million
CIN No.: [Company Identification No.]	U51101TN2011PTC079555
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer and Trader of Food Products
No. of Employees :	10 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

NB

RATING		STATUS	PROPOSED CREDIT LINE
---	NB	New Business	-

Status :	New Company
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is a new company and yet to complete its one full year of operation. Business is active. Payments are unknown. The company can be considered for business dealings on a 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	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 (General Details)

Name :	Ms. Sivakami
Designation :	Admin Department
Contact No.:	91-44-42169696
Date :	18.11.2011

LOCATIONS

Registered Office :	Old No. 17, New No. 43 Hindiprachar Saba Street T. Nagar, Chennai – 600 017, Tamil Nadu, India
E-Mail :	anandayyappan@yahoo.co.in arvassociates03@gmail.com
Location :	Owned
Head Office :	Import and Export, No. 98, 2^nd Floor Team Business Centre, V M Street, Mylapore, Chennai – 600 004, Tamil Nadu, India
Tel. No.:	91-44-42169696
Fax No.:	91-44-42074837
Branches Office :	Located at Andheri (East), Mumbai – 400069, India
Tel. No.:	91-22-42290360
Overseas Office :	Located at Malaysia

DIRECTORS

Name :	Mr. Narayanaswamy Ananda Padmanaban
Designation :	Managing director
Address :	Old No. 17, New No. 43 Hindiprachar Saba Street T. Nagar, Chennai – 600 017, Tamil Nadu, India
Date of Birth/Age :	06.01.1972
Date of appointment :	10.03.2011
DIN No.:	03434898
E-Mail:	anandayyappan@yahoo.co.in

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
U51101TN2011PTC079555	SHANTHI ENTERPRISE (INDIA) PRIVATE LIMITED	Managing director	10/03/2011	10/03/2011	-	Active	NO

Name :	Mr. Anandapadmanabhan Shanthi
Designation :	Director
Address :	Old No. 17, New No. 43 Hindiprachar Saba Street T. Nagar, Chennai – 600 017, Tamil Nadu, India
Date of Birth/Age :	16.06.1974
Date of appointment :	10.03.2011
DIN No.:	03439477
E-Mail:	anandayyappan@yahoo.co.in

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
U51101TN2011PTC079555	SHANTHI ENTERPRISE (INDIA) PRIVATE LIMITED	Director	10/03/2011	10/03/2011	-	Active	NO

KEY EXECUTIVES

Name :	Ms. Sivakami
Designation :	Admin Department
Contact No.:	91-44-42169696

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 10.03.2011

Names of Shareholders		No. of Shares
Mr. Narayanaswamy Ananda Padmanaban		70000
Mr. Anand Shanthi		30000
	Total	100000

BUSINESS DETAILS

Line of Business :	Manufacturer and Trader of Food Products
Exports :
Products :	Food Products
Countries :	Dubai, Malaysia
Terms :
Selling :	Cash, Credit
Purchasing :	Cash, Credit

GENERAL INFORMATION

Customers :	Wholesalers, Retailers
No. of Employees :	10 (Approximately)
Bankers :	Not Available

Banking Relations :	--
Associates/Subsidiaries :	Nil

CAPITAL STRUCTURE

As on 10.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
100000	Equity Shares	Rs. 10/-each	Rs. 1.000 million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
100000	Equity Shares	Rs. 10/- each	Rs. 1.000 million

FINANCIAL DATA

[all figures are in Rupees Millions]

Not Available

Note: Sole Proprietory and Partnership concerns are exempted from filing their financials with the Government Authorities or Registry.

LOCAL AGENCY FURTHER INFORMATION

Check List by Info Agents	Available in Report (Yes / No)
1) Year of Establishment	Yes
2) Locality of the firm	Yes
3) Constitutions of the firm	Yes
4) Premises details	Yes
5) Type of Business	Yes
6) Line of Business	Yes
7) Promoter's background	--
8) No. of employees	Yes
9) Name of person contacted	Yes
10) Designation of contact person	Yes
11) Turnover of firm for last three years	No
12) Profitability for last three years	No
13) Reasons for variation <> 20%	No
14) Estimation for coming financial year	No
15) Capital in the business	Yes
16) Details of sister concerns	No
17) Major suppliers	No
18) Major customers	No
19) Payments terms	Yes
20) Export / Import details (if applicable)	Yes
21) Market information	--
22) Litigations that the firm / promoter involved in	--
23) Banking Details	No
24) Banking facility details	No
25) Conduct of the banking account	--
26) Buyer visit details	--
27) Financials, if provided	No
28) Incorporation details, if applicable	--
29) Last accounts filed at ROC	--
30) Major Shareholders, if available	--

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.51.35
UK Pound	1	Rs.80.97
Euro	1	Rs.69.26

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.