MIRA INFORM REPORT

Report Date :

10.10.2011

IDENTIFICATION DETAILS

Name :	NATURES BOUNTY WINES AND ALLIED PRODUCTS PRIVATE LIMITED
Registered Office :	F 85, Okhla Industrial Area, Phase I, New Delhi – 110 020
Country :	India
Financials (as on) :	31.03.2010
Date of Incorporation :	28.06.2006
Com. Reg. No.:	55-150381
Capital Investment / Paid-up Capital :	Rs.0.500 Million
CIN No.: [Company Identification No.]	U15533DL2006PTC150381
TAN No.: [Tax Deduction & Collection Account No.]	DELN08039D
PAN No.: [Permanent Account No.]	AACCN3207F
Legal Form :	Private Limited Liability Company
Line of Business :	Importer and Distributor of Wines and Allied Products.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ca (11)

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Moderate
Payment Behaviour :	Slow
Litigation :	Clear
Comments :	Subject is an established company having moderate track. There appears huge accumulated losses recorded by the company. Profitability of the company is under severe pressure. However, trade relations are reported as fair. Business is active. Payments are reported to be slow. The company can be considered for business dealings on a 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 – April 1, 2010

Country Name	Previous Rating (31.12.2009)	Current Rating (01.04.2010)
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 :	F 85, Okhla Industrial Area, Phase I, New Delhi – 110 020, India
Tel. No.:	91-11-32435767/32480119/32435768
Fax No.:	91-11-46525932
E-Mail :	bountynatures@yahoo.co.in naturesbaunty@yahoo.co.in chetanchopra@bigpond.com abhay@dabar.com v_ahuja101@yahoo.com mail@naturesbounty.co.in

DIRECTORS

As on 30.09.2010

Name :

Mr. Amit Burman

Designation :

Director

Address :

E-83, Paschmi Marg, Vasant Vihar, New Delhi – 110057, India

Date of Birth/Age :

16.07.1969

Date of Appointment :

28.06.2006

Din No.:

00042050

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	U15202DL1996PLC083594	DABUR FOODS LIMITED	Managing director	03-12-96	03-12-96	-	Amalgamated	NO
2	U72900DL2000PTC104282	ANGEL SOFTECH PRIVATE LIMITED.	Director	09-03-00	09-03-00	-	Active	NO
3	U74899DL2000PLC104726	EMEDLIFE INSURANCE BROKING SERVICES LIMITED	Director	08-05-00	08-05-00	05-05-07	Active	NO
4	U72900MH2000PTC125274	AZURE INFOTECH PRIVATE LIMITED	Director	26-05-00	26-05-00	-	Active	NO
5	U74899DL1995PTC074830	WELLTIME GOLD AND INVESTMENTS PRIVATE LIMITED	Director	31-03-01	31-03-01	-	Active	NO
6	U74140DL1999PLC098529	YOUNG ENTERPRENEURS ORGANISATION (DELHI CHAPTER)	Director	14-09-01	14-09-01	27-08-07	Active	NO
7	U74899DL1979PTC021612	GYAN ENTERPRISES PRIVATE LIMITED	Director	17-09-01	17-09-01	-	Active	NO
8	L24230DL1975PLC007908	DABUR INDIA LIMITED	Director	01-11-01	01-11-01	-	Active	NO
9	U15499DL2002PTC114101	LITE BITE FOODS PRIVATE LIMITED	Director	04-02-02	04-02-02	-	Active	NO
10	U74899DL1983PTC014923	SUNRISE MEDICARE PRIVATE LIMITED	Director	29-05-02	29-05-02	-	Active	NO
11	U74899DL1990PTC039561	MARGDARSHAK CONSTRUCTIONS PRIVATE LIMITED	Director	01-08-02	01-08-02	-	Amalgamated	NO
12	U74899DL1992PTC047570	WAKARUSA LABORATORIES PRIVATE LIMITED	Director	01-08-02	01-08-02	-	Amalgamated	NO
13	U51109DL1989PTC034865	MIRACLE COMMERCIAL PRIVATE LIMITED	Director	01-08-02	01-08-02	-	Amalgamated	NO
14	U92120DL2000PLC104539	PASADENSA FOODS LIMITED	Director	01-10-02	01-10-02	-	Amalgamated	NO
15	U15541DL1952PTC002196	KBC INDIA PRIVATE LIMITED	Director	15-11-02	15-11-02	23-11-09	Active	NO
16	U51900DL1982ULT167790	MANESWARI TRADING COMPANY (A PRIVATE COMPANY)	Director	21-03-03	21-03-03	03-09-07	Active	NO
17	L24231DL2003PLC119441	FRESENIUS KABI ONCOLOGY LIMITED	Director	07-07-03	07-07-03	11-08-08	Active	NO
18	U74899DL1979PTC021610	RATNA COMMERCIAL ENTERPRISES PRIVATE LIMITED	Director	01-09-03	01-09-03	-	Active	NO
19	U74899DL1979ULT021615	CHOWDRY ASSOCIATES	Director	01-09-03	01-09-03	-	Active	NO
20	U31909HR1980PLC010226	QH TALBROS LIMITED	Director	31-03-04	31-03-04	-	Active	NO
21	U34103DL2004PTC127318	EURO MOTORS PRIVATE LIMITED	Director	02-07-04	02-07-04	20-03-09	Active	NO
22	U24239DL1989PTC034593	BURMANS FINVEST PRIVATE LIMITED	Director	19-08-04	19-08-04	01-09-08	Active	NO
23	L26941UP1983PLC027278	RADICO KHAITAN LIMITED	Director	31-03-05	31-03-05	27-10-09	Active	NO
24	U74899DL1995PTC064350	DABUR SECURITIES PRIVATE LIMITED	Director	25-09-09	22-08-05	-	Active	NO
25	L74899DL1995PLC067827	PVR LIMITED	Director	24-10-05	24-10-05	24-01-08	Active	NO
26	U74210DL1971PTC005680	ORIENTAL STRUCTURAL ENGINEERS PRIVATE LIMITED	Director	15-05-06	15-05-06	-	Active	NO
27	U74999DL1996PTC079523	DABON INTERNATIONAL PRIVATE LIMITED	Director	17-05-06	17-05-06	16-12-09	Active	NO
28	U15533DL2006PTC150381	NATURES BOUNTY WINES AND ALLIED PRODUCTS PRIVATE LIMITED	Director	28-06-06	28-06-06	-	Active	NO
29	U24246DL2002PTC117270	CONSORTIUM CONSUMERCARE PRIVATE LIMITED	Director	29-09-07	15-11-06	-	Active	NO
30	U51397DL1989PTC038048	WRAPSTER FOODS PRIVATE LIMITED	Director	29-09-07	02-03-07	-	Active	NO
31	U74120DL2007PLC163361	H AND B STORES LIMITED.	Director	14-05-07	14-05-07	-	Active	NO
32	U45400DL2007PTC170790	A.B. PROPMART PRIVATE LIMITED	Director	27-11-07	27-11-07	-	Active	NO
33	U15411DL2007PTC171030	LITE EAT OUT FOODS PRIVATE LIMITED	Director	04-12-07	04-12-07	-	Active	NO
34	U45400DL2008PLC179214	JETAGE INFRASTRUCTURE LIMITED	Director	09-06-08	09-06-08	-	Active	NO
35	L29199HR1956PLC033107	TALBROS AUTOMOTIVE COMPONENTS LIMITED	Director	29-09-08	25-06-08	-	Active	NO
36	U65993DL1946PTC208205	SHREE INVESTMENT PRIVATE LIMITED	Director	30-09-10	19-10-09	-	Active	NO
37	U00000DL2000PLC104823	MICROMAX INFORMATICS LIMITED	Additional director	21-09-10	21-09-10	-	Active	NO
38	U15135DL2011PTC218825	PASSIONATE FOODS PRIVATE LIMITED	Director	09-05-11	09-05-11	-	Active	NO

Name :

Mr. Abhay Agarwal

Designation :

Additional Director

Address :

A 506, Gitanjali Appartment, Delhi – 110092, India.

Date of Birth/Age :

07.04.1961

Date of Appointment :

20.10.2006

Din No.:

00042882

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	U74899DL1970PTC005269	UPVAN FARMS AND SERVICES PRIVATE LIMITED	Director	02-07-91	02-07-91	-	Active	NO
2	U65990DL1981ULT165402	MILKY INVESTMENT AND TRADING COMPANY	Director	30-09-10	12-02-93	-	Active	NO
3	U65990DL1981ULT165522	SAHIWAL INVESTMENT AND TRADING COMPANY	Director	29-06-93	29-06-93	-	Active	NO
4	L65993TN1993PLC024142	POLARIS SOFTWARE LAB LIMITED	Director	12-05-95	12-05-95	-	Active	NO
5	U63040DL1996PTC079692	SUNSHINE INDIA PRIVATE LIMITED	Director	17-06-96	17-06-96	-	Active	NO
6	U74899DL1995PTC070676	INTELLIGENT INFORMATION SYSTEMS PRIVATE LIMITED	Director	11-01-97	11-01-97	-	Active	NO
7	U74899DL1984PTC019415	WELLTIME INVESTMENTS PRIVATE LIMITED	Director	30-09-99	30-09-99	-	Active	NO
8	U67120DL1984PTC019414	PARAM INVESTMENTS PRIVATE LIMITED	Director	30-09-99	30-09-99	-	Active	NO
9	U24232OR1991PLC002913	MAXCARE LABORATORIES LIMITED	Director	10-05-01	10-05-01	20-11-08	Active	NO
10	U74899DL1984PTC019523	ELEPHANT INDIA FINANCE PRIVATE LIMITED	Director	30-09-01	30-09-01	-	Active	NO
11	U74999DL1996PTC079523	DABON INTERNATIONAL PRIVATE LIMITED	Director	15-01-02	15-01-02	16-12-09	Active	NO
12	U85110RJ1988PLC004308	BRITISH HEALTH PRODUCTS (INDIA) LIMITED	Director	30-03-02	30-03-02	-	Active	NO
13	U55101DL2003PTC118827	BURMAN RESORTS PRIVATE LIMITED	Director	06-02-03	06-02-03	-	Active	NO
14	U01122DL2003PTC122486	NORTHERN HERBAL FARMS PRIVATE LIMITED	Director	24-09-10	09-02-04	-	Active	NO
15	U74899DL2000PTC106058	GREEN VALLEY PRODUCTS PRIVATE LIMITED	Director	11-02-05	11-02-05	-	Active	NO
16	U74899DL1994PTC062782	NEWAGE CAPITAL SERVICES PRIVATE LIMITED	Director	05-10-05	05-10-05	-	Active	NO
17	U45201DL2006PTC146734	BETTEROPTION ESTATES PRIVATE LIMITED	Director	17-04-06	17-04-06	06-09-11	Active	NO
18	U74140DL2006PTC185506	ELEPHANT INDIA ADVISORS PRIVATE LIMITED	Director	11-05-06	11-05-06	-	Active	NO
19	U65923DL2006PTC151284	PROMETHEAN INDIA FINANCE PRIVATE LIMITED	Director	26-07-06	26-07-06	29-01-09	Active	NO
20	U85110HR2003PTC040738	DR. FRESH HEALTH CARE PRIVATE LIMITED	Alternate director	25-02-08	30-09-06	-	Active	NO
21	U15533DL2006PTC150381	NATURES BOUNTY WINES AND ALLIED PRODUCTS PRIVATE LIMITED	Additional director	20-10-06	20-10-06	-	Active	NO
22	U74120DL2007PLC163361	H AND B STORES LIMITED	Director	28-07-08	24-05-07	-	Active	NO
23	U67120DL2004PTC165520	VANSH HOLDINGS PRIVATE LIMITED	Director	29-09-07	25-05-07	-	Active	NO
24	U45400DL2007PTC164322	DR. FRESH PROPERTY DEVELOPMENT PRIVATE LIMITED	Director	29-09-08	18-07-07	-	Active	NO
25	U74899DL1995PTC064350	DABUR SECURITIES PRIVATE LIMITED	Director	29-09-07	25-07-07	-	Active	NO
26	U51900DL1982ULT167790	MANESWARI TRADING COMPANY (A PRIVATE COMPANY)	Director	24-09-07	27-07-07	-	Active	NO
27	U24233DL2007PLC170898	ONCQUEST LABORATORIES LIMITED	Director	29-11-07	29-11-07	29-03-08	Active	NO
28	U15411DL2007PTC171030	LITE EAT OUT FOODS PRIVATE LIMITED	Director	29-09-08	11-12-07	-	Active	NO
29	U65929DL2008PTC174436	G.B. FINVEST PRIVATE LIMITED	Director	22-02-08	22-02-08	-	Amalgamated	NO
30	U70109DL2007PTC171515	DR. FRESH REAL ESTATE VENTURES PRIVATE LIMITED	Additional director	03-03-08	03-03-08	03-03-08	Active	NO
31	U34300DL2005PTC133336	SUPER HOZE INDUSTRIES PRIVATE LIMITED	Director	15-09-08	11-08-08	-	Active	NO
32	U67120DL2007PTC170546	M.V.B INVESTMENTS PRIVATE LIMITED	Director	30-09-09	13-01-09	-	Amalgamated	NO
33	U70109DL2009PTC194362	DR FRESH BUILDCON PRIVATE LIMITED	Director	16-09-09	16-09-09	-	Active	NO
34	U70200HR2009PTC039498	DR FRESH SEZ PHASE I PRIVATE LIMITED	Director	02-06-10	17-09-09	-	Active	NO
35	U15541DL1952PTC002196	KBC INDIA PRIVATE LIMITED	Director	30-09-10	12-10-09	-	Active	NO
36	U70102DL2009PTC195079	I M B INFRASTRUCTURES PRIVATE LIMITED	Director	30-09-10	12-10-09	-	Active	NO
37	U65993DL1946PTC208205	SHREE INVESTMENT Private LTD	Director	30-09-10	19-10-09	-	Active	NO
38	U70102DL2007PTC171547	S2 PROPERTY PRIVATE LIMITED	Additional director	15-01-11	15-01-11	29-06-11	Active	NO
39	U74999DL2004PTC131133	B R BEE PRODUCTS PRIVATE LIMITED	Director	03-02-11	03-02-11	-	Active	NO
40	U45200DL2008PTC176875	HILLGROW INFRACON PRIVATE LIMITED	Director	29-09-11	23-02-11	-	Active	NO
41	U55101HP1990PTC010584	KULLU VALLEY LEISURE RESORTS PRIVATE LIMITED	Director	09-03-11	09-03-11	-	Active	NO
42	U65100TN2011PTC080320	AAUM HOLDINGS (INDIA) PRIVATE LIMITED	Director	26-04-11	26-04-11	-	Active	NO
43	U51909DL2006PTC145347	GOLDEN GLOW ENTERPRISES PRIVATE LIMITED	Additional director	22-07-11	22-07-11	-	Active	NO
44	U15499DL2002PTC114101	LITE BITE FOODS PRIVATE LIMITED	Additional director	29-08-11	29-08-11	-	Active	NO

Name :

Mr. Tej Pawan Singh Gandhok

Designation :

Director

Address :

41-B, Hanuman Road, New Delhi – 110001, India

Date of Birth/Age :

22.05.1968

Date of Appointment :

28.06.2006

Din No.:

00207736

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	U15533DL2006PTC150381	NATURES BOUNTY WINES AND ALLIED PRODUCTS PRIVATE LIMITED	Director	28-06-06	28-06-06	-	Active	NO
2	U15411DL2007PTC171030	LITE EAT OUT FOODS PRIVATE LIMITED	Director	29-09-08	11-12-07	10-08-11	Active	NO

Name :

Mr. Chetan Chopra

Designation :

Director

Address :

403, Victoria Building No.24, Shastrinagar, Andheri (West), Mumbai – 400 053, Maharashtra, India.

Date of Birth/Age :

24.11.1958

Date of Appointment :

20.10.2006

Name :

Mr. Arinder Singh Wadhwa

Designation :

Director

Address :

F-53, Kalkaji, New Delhi – 110019, India.

Date of Birth/Age :

07.10.1945

Date of Appointment :

28.06.2006

Din No.:

00223058

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	U15533DL2006PTC150381	NATURES BOUNTY WINES AND ALLIED PRODUCTS PRIVATE LIMITED	Director	28-06-06	28-06-06	-	Active	NO
2	U15411DL2007PTC171030	LITE EAT OUT FOODS PRIVATE LIMITED	Director	29-09-08	11-12-07	10-08-11	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2010

Names of Shareholders	No. of Shares
Amit Burman	3000
Tej Pawan Singh Gandhok	1000
Gyan Enterprises Private Limited, India	46000
Total	50000

As on 30.09.2010

Equity Share Breakup	Percentage of Holding
Category
Bodies corporate	92.00
Directors or relatives of directors	8.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Importer and Distributor of Wines and Allied Products.

GENERAL INFORMATION

Bankers :

Punjab National Bank, N-86, Janpath, Connaught Place, New Delhi-110001, India

Facilities :

Secured Loan	As on 31.03.2010 [Rs. in Millions]	As on 31.03.2009 [Rs. in Millions]
Cash credit limit from Punjab National Bank [Secured by hypothecation of stocks, book debts and personal guarantee of directors]	0.000	12.045
Overdraft limit form Punjab National Bank [Secured against security of shares]	0.000	5.229
Total	0.000	17.274
Unsecured Loan
From Body Corporate	53.574	28.233
From Directors / Members	3.116	3.116
Total	56.690	31.349

Banking Relations :	--
Auditors :
Name :	V. Ahuja and Company Chartered Accountant
Address :	24, School Lane, Bengali Market, New Delhi-110001, India

CAPITAL STRUCTURE

As on 31.03.2010

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
50000	Equity Shares	Rs.10/- each	Rs.0.500 Million

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		0.500	0.500	0.500
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		0.000	0.000	0.000
4] (Accumulated Losses)		(36.491)	(24.819)	(13.018)
NETWORTH		(35.991)	(24.319)	(12.518)
LOAN FUNDS
1] Secured Loans		0.000	17.274	9.443
2] Unsecured Loans		56.690	31.349	23.849
TOTAL BORROWING		56.690	48.623	33.292
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		20.699	24.304	20.774
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		0.318	0.319	0.310
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		0.000	0.000	0.000
DEFERREX TAX ASSETS		3.416	4.031	3.880
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	1.723	4.427	6.334
	Sundry Debtors	9.556	12.313	6.652
	Cash & Bank Balances	5.221	2.952	3.460
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	1.449	0.769	0.714
Total Current Assets		17.949	20.461	17.160
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	0.000	0.000	0.000
	Other Current Liabilities	1.013	0.452	0.447
	Provisions	0.000	0.089	0.167
Total Current Liabilities		1.013	0.541	0.614
Net Current Assets		16.936	19.920	16.546
MISCELLANEOUS EXPENSES		0.029	0.034	0.038
TOTAL		20.699	24.304	20.774

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2010	31.03.2009	31.03.2008
	SALES
		Income	2.332	4.572
		Other Income	0.053	0.169
		TOTAL	2.385	4.741
Less	EXPENSES
		Purchase	0.463	3.746
		Administrative and Other Expenses	9.688	11.117
		Selling, Distribution and Marketing Expenses	2.544	2.871	NA
		Increase / Decrease in Stock	0.660	(1.215)
		TOTAL	13.355	16.519
	PROFIT / LOSS BEFORE TAX, DEPRECIATION AND AMORTISATION		(10.970)	(11.778)
Less/ Add	DEPRECIATION/ AMORTISATION		0.073	0.085
	PROFIT / LOSS BEFORE TAX		(11.043)	(11.863)	NA
Less	TAX		0.629	(0.062)	NA
	PROFIT / LOSS AFTER TAX		(11.672)	(11.801)	(9.395)
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		(24.819)	(13.018)	NA
	BALANCE CARRIED TO THE B/S		(36.491)	(24.819)	NA
	Earnings / Loss Per Share (Rs.)		(233.44)	(236.03)	(187.90)

KEY RATIOS

PARTICULARS		31.03.2010	31.03.2009	31.03.2008
PAT / Total Income	(%)	(489.39)	(248.91)	NA
Net Profit Margin (PBT/Sales)	(%)	(473.54)	(259.47)	NA
Return on Total Assets (PBT/Total Assets}	(%)	(60.45)	(57.09)	NA
Return on Investment (ROI) (PBT/Networth)		0.31	0.49	NA
Debt Equity Ratio (Total Liability/Networth)		(1.60)	(2.02)	(2.71)
Current Ratio (Current Asset/Current Liability)		17.72	37.82	27.95

LOCAL AGENCY FURTHER INFORMATION

NOTE: The registered office of the company has been shifted from 26, Okhla Industrial Estate, Phase III, New Delhi-110020, India to the present address w.e.f. 01.02.2007.

FINANCIAL RESULTS AND OPERATIONS:

The company has incurred loss of Rs.11.672 millions during the year.

BANKERS CHARGES REPORT AS PER REGISTRY

This form is for	Creation of charge
Corporate identity number of the company	U15533DL2006PTC150381
Name of the company	NATURES BOUNTY WINES AND ALLIED PRODUCTS PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	F 85, Okhla Industrial Area, Phase I, New Delhi – 110 020, India
Type of charge	Movable Property (not being pledge)
Particular of charge holder	Punjab National Bank, N-86, Janpath, Connaught Place, New Delhi-110001, India
Email	bo3091@pnb.co.in
Nature of description of the instrument creating or modifying the charge	Deed of hypothecation of goods and book debts for securing cash credit limit(ADHOC)
Date of instrument Creating the charge	03.05.2008
Amount secured by the charge	RS.1.500 Millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest ROI BPLR less 1.25% that is 11.25% at present annually at monthly intervals rest as per agreement Terms of Repayment As per terms and conditions of deed of hypothecation. Margin 25% on the stock in hand of wine and of Book debts upto 120 days Extent and Operation of the charge With in the sanctioned limit of Rs. 1.500 millions as per agreement.
Short particulars of the property charged	ADHOC limit is secured against stock in hand of wine at various godowns and book debts.

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.49.14
UK Pound	1	Rs.75.97
Euro	1	Rs.66.00

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	2
PAID-UP CAPITAL	1~10	2
OPERATING SCALE	1~10	2
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	2
--PROFITABILIRY	1~10	-
--LIQUIDITY	1~10	2
--LEVERAGE	1~10	1
--RESERVES	1~10	-
--CREDIT LINES	1~10	-
--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	NO
--AFFILIATION	YES/NO	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		11

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	-

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.