MIRA INFORM REPORT

Report Date :

30.11.2011

IDENTIFICATION DETAILS

Name :	PE ELECTRONICS LIMITED
Registered Office :	Auto Cars Compound, Adalat Road, Aurangabad – 431 005, Maharashtra
Country :	India
Date of Incorporation :	12.01.2010
Com. Reg. No.:	11-198794
Capital Investment / Paid-up Capital :	Rs. 0.500 Million
CIN No.: [Company Identification No.]	U32109MH2010PLC198794
TAN No.: [Tax Deduction & Collection Account No.]	NSKP04037F
PAN No.: [Permanent Account No.]	AAFCP2913H
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Trader and Exporter of Electronic Products.
No. of Employees :	350 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

B (26)

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	New Company
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is a new company establishing itself gradually. The company has achieved sizable turnover in it’s very first year of operation. Trade relations are reported as fair. Business is active. Payment terms are unknown. The company can be considered for business dealings with some caution.

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. Satish Gupta
Designation :	Account Department
Contact No.:	91-22-61171000
Date :	28.11.2011

LOCATIONS

Registered Office :	Auto Cars Compound, Adalat Road, Aurangabad – 431 005, Maharashtra, India
Tel. No.:	Not Available
Mobile No.:	91-9076547940 (Mr. Anil Matre)
Fax No.:	Not Available
E-Mail :	pe.electro@gmail.com satishgupta@pemail.in
Location :	Owned
Corporate Office/ Warehouse :	Pe Electronics Corporation Center, 5^th Floor, Andheri Kurla Road, Andheri (East), Mumbai – 400 059, Maharashtra, India
Tel. No.:	91-22-61534567/ 61171000
Branch Office :	Located at: v Bangalore v Delhi v Chennai v Pune v Mumbai

DIRECTORS

Name :

Mr. Anirudha Venugopal Dhoot

Designation :

Director

Address :

101, Videocon House 1^st Floor 99, Manav Mandir Road, Nepean Sea Road, Opposite J.M. Mehta Bus Stop, Mumbai – 400 006, Maharashtra, India

Date of Birth/Age :

31.03.1978

Date of Appointment :

12.01.2010

DIN No.:

01620906

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	U65990MH1990PLC058171	Videcon Industrial Finance Limited	Director	15-12-99	15-12-99	27-02-07	Amalgamated	NO
2	U74899DL1995PLC066248	International Mobile Towers Limited	Director	30-05-01	30-05-01	01-07-10	Strike off	NO
3	U29308PN1999PLC014301	Millennium Appliances India Limited	Director	23-08-01	23-08-01	-	Active	NO
4	U29302PN1996PLC104800	Applicomp (India) Limited	Director	19-09-01	19-09-01	-	Active	NO
5	U70109MH1995PTC167832	Ahmednagar Electronics Private Limited	Director	01-10-01	01-10-01	-	Active	NO
6	U92190MH2003PLC140246	Dhoot Entertainment and Gaming Solutions Limited	Director	01-05-03	01-05-03	15-12-10	Active	NO
7	U32100MH2003PLC142232	Videocon International Electronics Limited	Director	16-09-03	16-09-03	24-12-07	Active	NO
8	U32100MH2002PTC137146	Gruhaupyogi Electronics Appliances Private Limited	Director	05-10-03	05-10-03	01-07-08	Amalgamated	NO
9	U17114GA1994PTC001691	Conifer Textiles Private Limited	Director	01-11-03	01-11-03	-	Active	NO
10	U70200GA1994PTC001723	Oragon Realty Private Limited	Director	01-11-03	01-11-03	-	Active	NO
11	U01111GA1994PTC001724	Wall Flower Agritech Private Limited	Director	01-11-03	01-11-03	-	Active	NO
12	U32100MH2004PLC146041	Uttaranchal Appliances Limited	Director	30-04-04	30-04-04	01-07-10	Active	NO
13	U92490MH2004PTC146520	Gaming Solutions (India) Private Limited	Director	25-05-04	25-05-04	-	Strike off	NO
14	U32109PN2002PTC017110	Mayur Household Electronics Appliances Private Limited	Director	25-03-05	03-07-04	-	Active	NO
15	U31900MH2002PTC136620	Tangent Electronics Private Limited	Director	30-03-05	03-07-04	01-07-08	Active	NO
16	U29100MH2004PLC148081	Hyundai Electronics India Limited	Director	18-08-04	18-08-04	-	Active	NO
17	U29300MH2004PLC148746	Pacific Appliances Manufacturing and Trading Limited	Director	22-09-04	22-09-04	12-05-07	Active	NO
18	U32109PN2002PTC017127	Godavari Consumer Electronics Appliances Private Limited	Director	24-03-06	19-05-05	-	Active	NO
19	U52334MH2003PLC138881	Plugin Sales Limited	Director	08-07-06	08-07-06	-	Active	NO
20	U92120MH2006PTC163983	Shotgun Entertainment Private Limited	Director	23-08-06	23-08-06	02-01-07	Active	YES
21	U93090MH2006PTC166381	Leo Communications Private Limited	Director	21-12-06	21-12-06	-	Active	NO
22	U45201MH2006PTC166384	Videocon SEZ Infrastructures (Pune) Private Limited	Additional director	01-07-10	21-12-06	-	Active	NO
23	U45201MH2006PTC166383	Veronica Properties Private Limited	Director	21-12-06	21-12-06	12-05-07	Active	NO
24	U45201MH2006PTC166382	Videocon SEZ Infrastructures Private Limited	Director	21-12-06	21-12-06	12-05-07	Active	NO
25	U32109PN2002PTC017096	Shyadhri Consumer Electronics (India) Private Limited	Director	26-12-06	26-12-06	-	Active	NO
26	U45201MH2007PTC166699	Titan Realty Private Limited	Director	04-01-07	04-01-07	12-05-07	Active	NO
27	U45200MH2007PTC166977	Videocon Realty Private Limited	Director	12-01-07	12-01-07	12-05-07	Active	NO
28	U11204MH2007PLC171196	Techno Electronics Limited	Director	29-05-07	29-05-07	-	Active	NO
29	U72200MH2007PLC173052	Infodart Technologies India Limited	Director	13-08-07	13-08-07	15-12-10	Active	NO
30	U29308MH2002PTC137006	Eshwar Home Appliances Private Limited	Director	27-09-08	01-07-08	-	Active	NO
31	U99999MH1996PLC128289	Videocon Energy Holdings Limited	Additional director	03-10-08	03-10-08	30-10-10	Active	NO
32	U11204MH2004PLC147217	Sky Appliances Limited	Additional director	20-11-08	20-11-08	-	Active	NO
33	U74990MH2009PLC192124	Universal Digital Connect Limited	Director	29-04-09	29-04-09	-	Active	NO
34	U72900MH2009PLC192171	Planet 'M' Online Limited	Director	04-05-09	04-05-09	20-05-11	Active	NO
35	U64200MH2008PTC188484	Videocon Telecom Holdings Private Limited	Additional director	01-10-09	01-10-09	-	Active	NO
36	U51909MH1979PLC021974	Shree Dhoot Trading and Agencies Limited	Director	30-09-10	01-10-09	-	Active	NO
37	U74210MH1987PTC043731	Century Appliances Private Limited	Additional director	01-12-09	01-12-09	-	Active	NO
38	U32109MH2010PLC198794	PE Electronics Limited	Director	12-01-10	12-01-10	-	Active	NO
39	U31908MH2007PLC171109	CE India Limited	Director	12-01-10	12-01-10	-	Active	NO
40	U32204GJ2010PTC059668	Suyash Home Appliances Private Limited	Director	22-02-10	22-02-10	-	Active	NO
41	U32109MH2009PTC191649	Quadrant Enterprises Private Limited	Director	19-03-10	19-03-10	-	Active	NO
42	L99999MH1989PLC052233	Trend Electronics Limited	Director	30-03-10	30-03-10	-	Active	NO
43	U40300MH2010PTC201493	Chhattisgarh Power Ventures Private Limited	Additional director	14-05-10	14-05-10	-	Active	NO
44	U45200PN2007PTC130910	Pranav Securities and Properties Private Limited	Additional director	01-07-10	01-07-10	-	Active	NO
45	U40108MH2010PTC203116	Senator Energy Private Limited	Additional director	12-07-10	12-07-10	15-12-10	Active	NO
46	U74120MH2010PTC206713	Oriental Ports Private Limited	Director	18-08-10	18-08-10	-	Active	NO
47	U40300MH2010PLC206867	Kail Power Limited	Director	23-08-10	23-08-10	15-09-10	Active	NO
48	U40300MH2010PLC206868	Kail Power and Steel Limited	Director	23-08-10	23-08-10	15-09-10	Active	NO
49	U40105MH2010PLC206928	Spectrum Power Trading Company India Limited	Director	24-08-10	24-08-10	-	Active	NO
50	U40109MH2010PLC206897	Enrg Trade India Limited	Director	24-08-10	24-08-10	-	Active	NO
51	U74120MH2010PLC206993	Kail Steel Limited	Director	25-08-10	25-08-10	15-09-10	Active	NO
52	U40109MH2010PTC207233	Prosperous Energy Private Limited	Additional director	01-03-11	01-03-11	-	Active	NO
53	U32107GJ2011PTC067003	Goldcrest Electronics Private Limited	Director	05-09-11	05-09-11	-	Active	NO
54	U10300MH2011PTC222462	Vibrant Coal Ventures Private Limited	Director	27-09-11	27-09-11	-	Active	NO
55	U40300MH2011PTC222654	Aspire Energy Private Limited	Director	03-10-11	03-10-11	-	Active	NO

Name :

Mr. Vivek Dattatray Dharm

Designation :

Director

Address :

D-31, Shree Ramkrishna Colony, Behind Markendaya Society, Savedi, Ahmednagar – 414 001, Maharashtra, India

Date of Birth/Age :

22.11.1964

Date of Appointment :

12.01.2010

DIN No.:

00214361

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	U32101MH1988PLC046426	Videocon Services Limited	Director	30-04-02	30-04-02	-	Active	NO
2	U32109MH1979PTC021997	Platinum Appliances Private Limited	Director	30-04-02	30-04-02	-	Active	NO
3	U45102MH1994PLC133954	Videocon Realty and Infrastructures Limited CN	Director	15-02-03	15-02-03	20-04-10	Active	NO
4	U92190MH2003PLC140246	Dhoot Entertainment and Gaming Solutions Limited	Director	01-05-03	01-05-03	-	Active	NO
5	U32100MH2003PLC142232	Videocon International Electronics Limited	Director	16-09-03	16-09-03	24-12-07	Active	NO
6	U85110MH1995PLC187888	Videocon Securities Limited	Director	15-06-04	15-06-04	-	Strike off	NO
7	U99999MH1994PTC133601	Popup Properties and Investments Private Limited	Director	31-10-04	31-10-04	-	Amalgamated	NO
8	U00082MH1994PTC167837	Centainne Properties and Investments Private Limited	Director	31-01-05	31-01-05	-	Amalgamated	NO
9	U32204MH1979PTC021988	Synergy Appliances Private Limited	Director	31-01-05	31-01-05	-	Active	NO
10	U65992PN1982PTC028301	Dome-Bell Electronics India Private Limited	Director	31-01-05	31-01-05	-	Active	NO
11	U74899DL1991PTC045218	Cluster Trade and Investment Private Limited	Director	31-01-05	31-01-05	06-06-11	Active	NO
12	U74210MH1987PTC043731	Century Appliances Private Limited	Director	21-09-05	01-02-05	-	Active	NO
13	U29308PN1999PLC014301	Millennium Appliances India Limited	Director	31-05-05	31-05-05	-	Active	NO
14	U92100MH2002PLC137947	Bharat Business Channel Limited	Director	26-09-06	01-10-05	-	Active	NO
15	L99999MH1989PLC052233	Trend Electronics Limited	Director	08-12-05	08-12-05	-	Active	NO
16	U67120MH1995PLC133952	Videocon VCR Securities Limited	Director	31-03-06	31-03-06	08-01-10	Strike off	NO
17	U29305DL1999PLC100556	Akai Consumer Electronics India Limited	Additional director	12-05-07	12-05-07	-	Active	NO
18	U45201MH2006PTC166384	Videocon SEZ Infrastructures (Pune) Private Limited	Director	16-06-08	12-05-07	-	Active	NO
19	U45201MH2006PTC166382	Videocon SEZ Infrastructures Private Limited	Director	28-04-08	12-05-07	-	Active	NO
20	U45200MH2007PTC166977	Videocon Realty Private Limited	Director	19-05-08	12-05-07	-	Active	NO
21	U70102MH2007PLC167606	Planet 'M' Retail Limited	Director	04-08-08	01-04-08	-	Active	NO
22	U45201MH2007PTC166699	Titan Realty Private Limited	Director	02-07-08	10-06-08	-	Active	NO
23	U45201MH2006PTC166383	Veronica Properties Private Limited	Director	25-04-09	21-06-08	-	Active	NO
24	U40100MH1994PLC128291	Videocon Power Limited	Director	30-09-09	01-10-08	-	Active	NO
25	U29191MH1994PLC131185	Indian Refrigerator Company Limited	Director	30-03-09	30-03-09	-	Active	NO
26	U51109MH2008PLC188547	Unity Appliances Limited	Additional director	08-10-09	08-10-09	08-11-09	Active	NO
27	U32109MH2010PLC198794	PE Electronics Limited	Director	12-01-10	12-01-10	-	Active	NO
28	U40103MH2010PLC198876	Videocon Energy Limited	Director	13-01-10	13-01-10	-	Active	NO
29	U11102MH2010PLC199078	Videocon Oil Ventures Limited	Director	19-01-10	19-01-10	-	Active	NO
30	U45200PN2007PTC130910	Pranav Securities and Properties Private Limited	Director	01-07-10	01-07-10	-	Active	NO
31	U11100MH2008PLC179061	Videocon Oil Services Limited	Additional director	01-11-10	01-11-10	-	Active	NO
32	U40105MH2010PLC198384	Videocon Power Ventures Limited	Director	27-06-11	01-11-10	-	Active	NO
33	U11204MH2004PLC147217	Sky Appliances Limited	Additional director	31-01-11	31-01-11	-	Active	NO

Name :

Mr. Subhash Shamsundra Dayama

Designation :

Director

Address :

Sukhkarta Society, Nagar Pune Road Kinetic Chowk, Near Railway Bridge, Ahmednagar – 414 001, Maharashtra, India

Date of Birth/Age :

05.05.1961

Date of Appointment :

12.01.2010

DIN No.:

00217692

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	U29308GJ1984PTC007531	Tressa Electronics Private Limited	Director	20-07-01	20-07-01	-	Active	NO
2	U29190MH1996PTC098120	Voyage Engineering (India) Private Limited	Director	22-09-01	22-09-01	-	Amalgamated	NO
3	U29190MH1996PTC098119	Springsteen Engineering (India) Private Limited	Director	22-09-01	22-09-01	-	Amalgamated	NO
4	U31909PN1987PTC043206	Electroparts (India) Private Limited	Director	03-11-01	03-11-01	-	Active	NO
5	U45102MH1994PLC133954	Videocon Realty and Infrastructures Limited CN	Director	03-11-01	03-11-01	-	Active	NO
6	U99999MH1994PLC133953	Micro Housing Finance Limited	Director	03-11-01	03-11-01	10-12-10	Active	NO
7	U51909MH1979PLC021974	Shree Dhoot Trading and Agencies Limited	Director	30-09-02	30-09-02	-	Active	NO
8	U70200MH1995PTC167823	Arthamanathan Properties and Finvest Private Limited	Director	31-01-05	31-01-05	-	Amalgamated	NO
9	U00082MH1994PTC167836	Adler Properties and Investments Private Limited	Director	31-01-05	31-01-05	-	Amalgamated	NO
10	U32204MH1979PTC021988	Synergy Appliances Private Limited	Director	31-01-05	31-01-05	-	Active	NO
11	U74899DL1993PTC056362	Tapti Holdings Private Limited	Director	31-01-05	31-01-05	-	Active	NO
12	U70109MH1994PTC167822	Troon Properties and Investments Private Limited	Director	31-01-05	31-01-05	-	Amalgamated	NO
13	U51900MH1988PTC047304	Force Appliances Private Limited	Director	01-02-05	01-02-05	-	Active	NO
14	L99999MH1988PLC046445	Value Industries Limited	Director	08-12-05	08-12-05	-	Active	NO
15	U40100MH1994PLC128291	Videocon Power Limited	Additional director	12-05-07	12-05-07	-	Active	NO
16	U29300MH2004PLC148746	Pacific Appliances Manufacturing and Trading Limited	Director	29-09-07	12-05-07	-	Active	NO
17	U45201MH2006PTC166383	Veronica Properties Private Limited	Director	17-06-08	12-05-07	-	Active	NO
18	U45201MH2007PTC166699	Titan Realty Private Limited	Director	02-07-08	12-05-07	-	Active	NO
19	U45200MH2007PTC166977	Videocon Realty Private Limited	Director	19-05-08	20-03-08	-	Active	NO
20	U72900MH2007PLC204763	Videocon Telecommunications Limited	Director	06-12-08	10-06-08	-	Active	NO
21	U45201MH2006PTC166384	Videocon SEZ Infrastructures (Pune) Private Limited	Director	24-04-09	21-06-08	-	Active	NO
22	U67120MH1995PLC133952	Videocon VCR Securities Limited	Director	30-03-09	29-09-08	08-01-10	Strike off	NO
23	U72200MH2008PLC187148	Videocon Infotel Limited	Additional director	30-09-08	30-09-08	10-12-10	Active	NO
24	U29191MH1994PLC131185	Indian Refrigerator Company Limited	Director	30-03-09	16-02-09	01-08-10	Active	NO
25	L99999MH1989PLC052233	Trend Electronics Limited	Director	30-03-09	30-03-09	-	Active	NO
26	U74990MH2009PLC192124	Universal Digital Connect Limited	Director	29-04-09	29-04-09	-	Active	NO
27	U72900MH2009PLC192171	Planet 'M' Online Limited	Director	04-05-09	04-05-09	20-05-11	Active	NO
28	U93000DL2007PTC166247	Jumbo Techno Services Private Limited	Director	30-09-10	18-09-09	-	Active	NO
29	U74900DL2007PTC166266	Senior Consulting Private Limited	Director	30-09-10	18-09-09	-	Active	NO
30	U32109MH2010PLC198794	PE Electronics Limited	Director	12-01-10	12-01-10	-	Active	NO
31	U40103MH2010PLC198876	Videocon Energy Limited	Director	13-01-10	13-01-10	-	Active	NO
32	U11102MH2010PLC199078	Videocon Oil Ventures Limited	Director	19-01-10	19-01-10	-	Active	NO
33	U45200PN2007PTC130910	Pranav Securities and Properties Private Limited	Additional director	01-07-10	01-07-10	-	Active	NO
34	U32103MH2010PLC206662	Maharashtra Semiconductor and Displays Limited	Director	16-08-10	16-08-10	-	Active	NO
35	U65992PN1982PTC028301	Dome-Bell Electronics India Private Limited	Additional director	15-12-10	15-12-10	-	Active	NO
36	U32109MH1979PTC021997	Platinum Appliances Private Limited	Additional director	15-12-10	15-12-10	-	Active	NO
37	U99999MH1947PLC005708	Evans Fraser and Company (India) Limited	Additional director	23-05-11	23-05-11	-	Active	NO
38	U40300MH2011PTC222654	Aspire Energy Private Limited	Director	03-10-11	03-10-11	-	Active	NO
39	U32204MH1979PTC021985	Solitaire Appliances Private Limited	Additional director	01-11-11	01-11-11	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Satish Gupta
Designation :	Account Department

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

Names of Shareholders	No. of Shares
Anirudha Venugopal Dhoot	49940
Vivek Dattatray Dharm	10
Subhash Shamsundra Dayama	10
Ravindra Korlahalli	10
Sameer A. Wagh	10
Sunil Ramswaroop Samriya	10
Vasant S. Kakade	10
Total	50000

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Trader and Exporter of Electronic Products.
Imports :
Products :	Electric Goods
Countries :	v China v Singapore v Japan
Terms :
Selling :	Cash
Purchasing :	L/C

GENERAL INFORMATION

Customers :	v Wholesalers v Retailers v Others
No. of Employees :	350 (Approximately)
Bankers :	v IDBI Bank, Santacruz (East), Branch, Maharashtra, India v Bank of Baroda, Corporate Finance Branch, Mantri Court, 1^st Floor, 39-Rambai Ambedkar Road, Pune – 411 001, Maharashtra, India

Banking Relations :	--
Auditors :	Not Available

CAPITAL STRUCTURE

Authorised Capital:

No. of Shares	Type	Value	Amount
25000000	Equity Shares	Rs.10/- each	Rs.250.000 Millions

Issued, Subscribed & Paid-up Capital:

No. of Shares	Type	Value	Amount
50000	Equity Shares	Rs.10/- each	Rs. 0.500 Million

FINANCIAL DATA

[all figures are in Rupees Millions]

Particulars	31.03.2011
Sales Turnover (Approximately)	4500.000

Expected Sales (2011-2012): Rs.10000.000 millions

The above information has been parted by Mr. Satish Gupta (Account Department).

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	Yes
12) Profitability for last three years	--
13) Reasons for variation <> 20%	--
14) Estimation for coming financial year	Yes
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	Yes
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	--

FORM 8:

Corporate identity number of the company	U32109MH2010PLC198794
Name of the company	PE ELECTRONICS LIMITED
Address of the registered office or of the principal place of business in India of the company	Auto Cars Compound, Adalat Road, Aurangabad – 431 005, Maharashtra, India E-Mail: pe.electro@gmail.com
This form is for	Creation of charge
Type of charge	Book Debts Movable Property
Particular of charge holder	Bank of Baroda, Corporate Finance Branch, Mantri Court, 1^st Floor, 39-Rambai Ambedkar Road, Pune – 411 001, Maharashtra, India E-Mail: corpun@bankofbaroda.com
Nature of description of the instrument creating or modifying the charge	Composite Hypothecation Agreement dated 11.08.2011, entered into between PE Electronics Limited (the Company) and Bank of Baroda (BOB).
Date of instrument Creating the charge	11.08.2011
Amount secured by the charge	Rs.1200.000
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest: Cash Credit @ 4.25% over base rate i.e., 15.00% p.a. (floating) at present with monthly interest. Terms of Repayment: As may be agreed into between the Company and Bank of Baroda, from time to time. Margin: For Cash Credit - 25% on both stock and book debts. For Inland Letter of Credit - 10% in the form of FDR under Bank of Baroda Lien. Extent and Operation of the charge: Exclusive first charge over current assets including stock and book debts, both present and future of the Company. As particularly described in the second schedule to Composite Hypothecation Agreement. Others: Other terms and conditions, as may be agreed amongst the Company and Bank of Baroda.
Short particulars of the property charged	Exclusive first charge over current assets including stock and book debts, both present and future of the Company. The whole of the Company’s stocks, both present and future and including but without prejudice to the generality of the foregoing words, all stocks of raw materials, work-in-progress, semi-finished good and finished goods such as TVs, Refrigerators, Washing Machines, Microwave Ovens, Air Conditioners and other home appliances etc. whatsoever and wheresoever situate and/ or in transit whether now belonging to or that may at any time during the continuance of this security belong to the Company or that may be held by any party anywhere to the order and disposition of the Company. And all the present and future book-debts, outstanding moneys, receivables, claims, bills, contracts, engagements and securities which are now due and owing or which may at any time hereafter during the continuance of this security become due and owing to the Company in the course of its business by any person, firm company or body corporate or by the Government of India or any State Government or Indian Railway or any Government Department or office or any municipal or local or public or Semi-Government body or authority whatsoever including those relating to the assets leased out and/or given or hire purchase basis.

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 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.51.93
UK Pound	1	Rs.80.62
Euro	1	Rs.69.37

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	2
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	2
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	NO
--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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		26

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.