MIRA INFORM REPORT

Report Date :

16.09.2011

IDENTIFICATION DETAILS

Name :	THYSSENKRUPP INDUSTRIES INDIA PRIVATE LIMITED (w.e.f. 1993)
Formerly Known As :	KRUPP INDUSTRIES INDIA LIMITED
Registered Office :	154C, Mittal Tower, 15^th Floor, 210, Nariman Point, Mumbai – 400 021, Maharashtra
Country :	India
Financials (as on) :	30.09.2010
Date of Incorporation :	23.01.1947
Com. Reg. No.:	11-5508
Capital Investment / Paid-up Capital :	Rs.97.865 millions
CIN No.: [Company Identification No.]	U74999MH1947PTC005508
TAN No.: [Tax Deduction & Collection Account No.]	PNET03957C
PAN No.: [Permanent Account No.]	AACK1947K
Legal Form :	Private Limited Liability Company.
Line of Business :	Manufacturers of Sugar Mill Machinery and Cement Machinery.
No. of Employees :	1500 [Approximately]

RATING & COMMENTS

MIRA’s Rating :

A (64)

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 14000000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is an established company having fine track. Financial position of the company appears to be sound. 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.

INFORMATION PARTED BY

Name :	Mr. Gopal Prabhu
Designation :	Finance Manager
Contact No.:	91-9822479741
Date:	14.09.2011

LOCATIONS

Registered Office :	154C, Mittal Tower, 15^th Floor, 210, Nariman Point, Mumbai – 400 021, Maharashtra, India
Tel. No.:	91-22-27425461 / 2 / 3 / 4 / 22020064 / 22026837
Mobile No.:	91-9822479741 (Mr. Gopal Prabhu)
Fax No.:	91-22-22044025
E-Mail :	krupp@bom2.vsnl.net.in tkii-mumbai@vsnl.net contactus@thyssenkrupp.com contactus.tkii@thyssenkrupp.com junk@junk.com
Website :	http://www.thyssenkruppindia.com
Area :	4500 sq. ft (Owned)
Head Office / Factory 1:	Pimpri, Pune-411018, Maharashtra, India
Tel. No.:	91-20-27425461 / 2 / 3 / 4
Fax No.:	91-20-27425350
E Mail :	contactus.tkii@thyssenkrupp.com
Factory 2 :	Cherlapally, Hyderabad-500051, Andhra Pradesh, India
Tel. No.:	91-40-27263540
Fax No.:	91-40-27263162
E-Mail :	tkii.hydbad@thyssenkrupp.com

DIRECTORS

As on 22.03.2011

Name :

Mr. Damania Nadirshaw Dara

Designation :

Director

Address :

11, Abbas Road, 11 G.G Thakkar Road, Pune-411001, Maharashtra, India

Date of Birth/Age :

02.12.1936

Date of Appointment :

01.01.1978

Election Commission Identity Card No:

MT/42/250/486422

DIN No. :

00403834

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	U74999MH1947PTC005508	THYSSENKRUPP INDUSTRIES INDIA PRIVATE LIMITED	Director	01-01-78	01-01-78	-	Active	NO
2	L29120MH1960PLC011635	K S B PUMPS LIMITED	Director	30-12-81	30-12-81	-	Active	NO
3	L24119PN1951PLC008409	SUDARSHAN CHEMICAL INDUSTRIES LIMITED	Director	20-11-84	20-11-84	-	Active	NO
4	U74200MH1977PTC020041	UHDE INDIA PRIVATE LIMITED	Director	07-06-96	07-06-96	-	Active	NO
5	U34300TN1998PTC046810	JBM AUTO SYSTEM PRIVATE LIMITED	Director	08-06-98	08-06-98	23-04-09	Active	NO
6	U24239DL1999PTC098162	THYSSENKRUPP ELEVATOR (INDIA) PRIVATE LIMITED	Director	25-09-07	21-05-07	-	Active	NO
7	U74900AP2008PTC060646	BERCO UNDERCARRIAGES (INDIA) PRIVATE LIMITED	Director	19-08-08	19-08-08	-	Active	NO
8	L29150PN1989PLC054143	SANGHVI MOVERS LIMITED	Director	24-07-09	20-10-08	-	Active	NO
9	U29268MH2010PTC205326	THYSSENKRUPP ENGINE COMPONENTS INDIA PRIVATE LIMITED	Director	02-08-10	07-07-10	-	Active	NO
10	U29220PN2011FTC139382	THYSSENKRUPP SYSTEM ENGINEERING INDIA PRIVATE LIMITED	Director	29-04-11	29-04-11	-	Active	NO
11	L40108PN1981PLC024153	FINOLEX INDUSTRIES LIMITED	Additional director	29-07-11	29-07-11	-	Active	NO

Name :

Mr. Premal Narendra Kapadia

Designation :

Director

Address :

Flat No. 6, Haveli, 19, L D Ruparel Marg, Mumbai-400006, Maharashtra, India

Date of Birth/Age :

05.06.1949

Date of Appointment :

17.09.1999

Election Commission Identity Card No:

MT/04/024/096081

DIN No. :

00042090

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	U24110MH1970PTC014770	FARM CHEMICALS PRIVATE LIMITED	Director	27-12-72	27-12-72	-	Strike off	NO
2	U74999MH1953PTC008985	HARSHADRAY PRIVATE LIMITED	Director	30-09-74	30-09-74	-	Active	NO
3	U67120MH1975PTC018243	HARSHADRAY INVESTMENT PRIVATE LIMITED	Director	27-12-78	27-12-78	-	Active	NO
4	U74140MH1958PTC013544	TECNIMONT ICB PRIVATE LIMITED	Additional director	06-07-10	01-05-82	08-07-10	Active	NO
5	U27100MH1952PTC021224	DRYDEN PRIVATE LIMITED	Director	26-07-84	26-07-84	-	Active	NO
6	U74140MH1989PTC052930	TUV INDIA PRIVATE LIMITED	Director	08-08-89	08-08-89	-	Active	NO
7	L02101KA1955PLC001936	THE WEST COAST PAPER MILLS LIMITED	Director	07-08-92	07-08-92	-	Active	NO
8	U72200MH1992PTC068156	SILICON INTERFACES PRIVATE LIMITED	Director	13-08-92	13-08-92	-	Active	YES
9	U74140MH1994PTC078107	INTEGRATED INDUSTRIAL QUALITY MANAGEMENT CONSULTANTS PRIVATE LIMITED	Director	02-05-94	02-05-94	-	Active	NO
10	L28129MH1962PLC012289	KAIRA CAN COMPANY LIMITED	Director	01-07-94	01-07-94	-	Active	NO
11	U29220MH1949PTC007221	PROTOS ENGINEERING COMPANY PRIVATE LIMITED	Director	30-06-99	30-06-99	-	Active	NO
12	U74210PN1989PTC129569	SORTIMAT TECHNOLOGY PRIVATE LIMITED	Director	08-07-99	08-07-99	-	Active	NO
13	U74999MH1947PTC005508	THYSSENKRUPP INDUSTRIES INDIA PRIVATE LIMITED	Director	20-07-99	20-07-99	-	Active	NO
14	L99999MH1979PLC021796	ALKYL AMINES CHEMICALS LIMITED	Director	20-07-99	20-07-99	-	Active	NO
15	U74999MH1992PTC068790	BIJUR DELIMON INDIA PRIVATE LIMITED	Director	20-07-99	20-07-99	29-03-07	Active	NO
16	U72200MH2000PTC128517	FIRSTESERVICE INDIA PRIVATE LIMITED	Director	11-09-00	11-09-00	-	Active	NO
17	L31200GA1993PLC001335	DE NORA INDIA LIMITED	Director	14-10-02	14-10-02	-	Active	NO
18	U74999MH2007NPL168975	JAIN INTERNATIONAL TRADE ORGANISATION	Director	20-03-07	20-03-07	-	Active	NO
19	U70102MH2007PLC176965	PUMA PROPERTIES LIMITED	Director	19-12-07	19-12-07	-	Active	NO
20	U13203MH2008PTC177763	SUJATA RESOURCES PRIVATE LIMITED	Director	11-01-08	11-01-08	-	Active	NO
21	U13100MH2008PTC177764	RATA IRON ORE AND MINERALS EXPORTS PRIVATE LIMITED	Director	11-01-08	11-01-08	-	Active	NO
22	U70100MH2002PTC134643	VIRMAN REAL ESTATE PRIVATE LIMITED	Additional director	07-06-09	07-06-09	-	Active	NO
23	U45201MH2002PTC134642	VIRNEESH PROPERTIES DEVELOPERS PRIVATE LIMITED	Additional director	07-06-09	07-06-09	-	Active	NO

Name :

Mr. Vinod Jamnadas Mehta

Designation :

Director

Address :

20A Thakur Nivas, Co-Operative Housing Society, 173, J Tata Road, Churchgate, Mumbai – 400 020, Maharashtra, India

Date of Birth/Age :

11.04.1932

Date of Appointment :

20.02.1990

Election Commission Identity Card No:

MT/04/024/102891

DIN No. :

00087505

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	U29220MH1949PTC007221	PROTOS ENGINEERING COMPANY PRIVATE LIMITED	Whole-time director	29-01-08	15-03-85	-	Active	NO
2	U74210PN1989PTC129569	SORTIMAT TECHNOLOGY PRIVATE LIMITED	Director	07-04-89	07-04-89	-	Active	NO
3	U74999MH1947PTC005508	THYSSENKRUPP INDUSTRIES INDIA PRIVATE LIMITED	Director	20-02-90	20-02-90	-	Active	NO
4	U74999MH1992PTC068790	BIJUR DELIMON INDIA PRIVATE LIMITED	Director	28-09-92	28-09-92	29-03-07	Active	NO
5	U99999MH1979PTC020994	HAME AGENCIES PRIVATE LIMITED	Director	09-04-01	09-04-01	-	Active	NO
6	U74210MH2003PTC142289	ENGINEERING AND DESIGNS TECNIMONT ICB PRIVATE LIMITED	Director	22-02-05	22-02-05	31-03-08	Active	NO

Name :

Mrs. Pallavi Arvind Parikh

Designation :

Director

Address :

333, Tahnee Heights, 66D, Nepeansea Road, Mumbai – 400006, Maharashtra, India

Date of Birth/Age :

19.12.1943

Date of Appointment :

05.02.1999

DIN No. :

00107779

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U67120MH1984PTC034796	SHREEWEST INVESTMENT PRIVATE LIMITED	Director	14-12-84	14-12-84	Active	NO
2	U74999MH1947PTC005508	THYSSENKRUPP INDUSTRIES INDIA PRIVATE LIMITED	Director	05-02-99	05-02-99	Active	NO
3	U51900MH1997PTC105443	WIST MRG MERCHANDISING PRIVATE LIMITED	Director	11-11-99	11-11-99	Active	NO
4	U65990MH1982PTC027795	BRIGHT HOLDINGS AND TRADING CO PRIVATE LIMITED	Director	06-02-01	06-02-01	Active	NO
5	U27100MH1972PTC015911	WIST TRADE PRIVATE LIMITED	Director	06-02-01	06-02-01	Active	NO
6	U45202MH1970PTC014701	WRM PRIVATE LIMITED	Director	30-09-02	30-09-02	Active	NO

Name :

Mr. Ramsis Shehata

Designation :

Chairman

Address :

28 Strathaven Mews SW, Calgary, Canada- T3H2G2

Date of Birth/Age :

06.05.1951

Date of Appointment :

23.05.2003

DIN No. :

00480010

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U74999MH1947PTC005508	THYSSENKRUPP INDUSTRIES INDIA PRIVATE LIMITED	Director	23-05-03	23-05-03	Active	NO

Name :

Mr. Noshir Dosabhai Kamdin

Designation :

Director

Address :

C-4, Czar Palace, 250 C , Boat Club Road, GPO, Pune-411001, Maharashtra, India

Date of Birth/Age :

06.06.1936

Date of Appointment :

01.01.2011

Election Commission Identity Card No. :

MH/42/250/489403

DIN No. :

00407835

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U74999MH1947PTC005508	THYSSENKRUPP INDUSTRIES INDIA PRIVATE LIMITED	Director	01-01-11	20-02-90	Active	NO

Name :

Mr. Doraiswamy Padmanabhan

Designation :

Managing Director

Address :

Row House, H – 2, Shirin Gardens, Opp. ITI, Baner Road, Aundh, Pune-411007, Maharashtra, India

Date of Birth/Age :

01.01.1946

Date of Appointment :

01.06.2004

DIN No. :

00407935

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U74999MH1947PTC005508	THYSSENKRUPP INDUSTRIES INDIA PRIVATE LIMITED	Managing director	01-10-09	09-03-01	Active	NO

Name :

Mr. Vijaykumar Bhanwarlal Kanthed

Designation :

Whole Time Director

Address :

Flat No. 1, Ramkunj, ICS Colony, Ganeshkhind Road, Pune-411007, Maharashtra, India

Date of Birth/Age :

18.09.1946

Date of Appointment :

09.03.2001

DIN No. :

01144690

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U74999MH1947PTC005508	THYSSENKRUPP INDUSTRIES INDIA PRIVATE LIMITED	Whole-time director	09-03-01	09-03-01	Active	NO

Name :

Mr. Malaykumar Mahendrachandra Das

Designation :

Whole Time Director

Address :

Plot No. 14, Sector – A, Vrundavan Co-operative Housing Society Limited, Off Pashan Road, Pune-411018, Maharashtra, India

Date of Birth/Age :

04.12.1950

Date of Appointment :

09.03.2001

DIN No. :

00408084

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U74999MH1947PTC005508	THYSSENKRUPP INDUSTRIES INDIA PRIVATE LIMITED	Whole-time director	09-03-01	09-03-01	Active	NO

Name :

Mr. Detlev Walter Rose

Designation :

Director

Address :

Saarlandstrasse 6 Olelde, GermanyD-59302

Date of Birth/Age :

23.05.1962

Date of Appointment :

13.11.2007

DIN No. :

01928197

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U74999MH1947PTC005508	THYSSENKRUPP INDUSTRIES INDIA PRIVATE LIMITED	Director	12-01-08	13-11-07	Active	NO

Name :

Mr. Vikram Mahendra Swarup

Designation :

Director

Address :

2 B, Judges Court Road, Kolkata-700027, West Bengal, India

Date of Birth/Age :

16.09.1948

Date of Appointment :

19.12.2008

DIN No. : 

00163543 

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	U29248WB1983PLC036013	MELVIN POWELL VANASPATI ENGINEERING INDUSTRIES LIMITED	Director	16-03-84	16-03-84	-	Active	NO
2	U24111DL1971PLC005791	OKHLA CHEMICALS LIMITED	Director	28-06-85	28-06-85	-	Active	NO
3	U02005WB1949PLC018363	PAHARPUR COOLING TOWERS LIMITED	Managing director	01-02-02	14-07-93	-	Active	NO
4	L65990MH1913PLC000374	INDUSTRIAL AND PRUDENTIAL INVESTMENT COMPANY LIMITED	Director	25-03-97	25-03-97	-	Active	NO
5	U74899DL1980PTC010482	DOYPACK SYSTEMS PRIVATE LIMITED	Director	01-09-97	01-09-97	-	Active	NO
6	U74899DL1980PTC010609	SELECTO PAC PRIVATE LIMITED	Director	01-09-97	01-09-97	-	Active	NO
7	U74899DL1936PLC000564	PAHARPUR INDUSTRIES LIMITED	Director	03-02-99	03-02-99	-	Active	NO
8	U67120WB1994PTC061897	HASTERA CREDIT PRIVATE LIMITED	Director	21-03-05	21-03-05	-	Active	YES
9	U74999MH1968GAP014120	INDO-AMERICAN CHAMBER OF COMMERCE	Director	29-09-05	29-09-05	-	Active	NO
10	U91990WB1959PLC024133	CALCUTTA SOUTH CLUB LIMITED	Director	29-09-05	29-09-05	-	Active	YES
11	L01132WB1919PLC003334	BIRLA CORPORATION LIMITED	Director	30-11-06	30-11-06	-	Active	NO
12	U74999MH1947PTC005508	THYSSENKRUPP INDUSTRIES INDIA PRIVATE LIMITED	Director	05-02-09	19-12-08	-	Active	NO
13	U45200WB2004PTC150912	PAHARPUR-PRAGNYA TECH PARK PRIVATE LIMITED	Director	30-04-09	16-03-09	-	Active	NO
14	U70109WB1996PTC078199	PAHARPUR PRAGNYA REALTY PRIVATE LIMITED	Director	25-09-09	01-09-09	-	Active	NO
15	U70200WB2010PTC141590	PAHARPUR ASANSOL PROPERTIES PRIVATE LIMITED	Director	01-02-10	01-02-10	15-06-11	Active	NO
16	U74899DL1981PTC011783	GARIMA PRIVATE LIMITED	Director	24-05-11	24-05-11	-	Active	NO

Name :

Dr. Michael H Thiemann

Designation :

Alternate Director to Mr. Detlev Rose

Address :

Flat 409/410, Samudra Mahal Premises CHS Limited, Dr. A B Road, Worli, Mumbai-400018, Maharashtra, India

Date of Birth/Age :

25.08.1946

Date of Appointment :

13.11.2007

DIN No. : 

00061988

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U74200MH1977PTC020041	UHDE INDIA PRIVATE LIMITED	Director	01-10-09	15-08-93	Active	NO
2	U74999MH1947PTC005508	THYSSENKRUPP INDUSTRIES INDIA PRIVATE LIMITED	Alternate director	13-11-07	13-05-04	Active	NO
3	U27100MH2000PTC127807	THYSSENKRUPP ELECTRICAL STEEL INDIA PRIVATE LIMITED	Director	30-11-07	30-11-07	Active	NO

KEY EXECUTIVES

Name :	Mr. Khushroo Jal Dastoor
Designation :	Company Secretary
Address :	A 806, Empress Court, 67B Empress Country, Pune-411001, Maharashtra India
Date of Birth/Age :	09.06.1955
Date of Appointment :	02.03.1998
Election Commission Identity Card No. :	MT / 0042 / 0251 / 111484
PAN No. :	AARPD5292N
Name :	Mr. Gopal Prabhu
Designation :	Finance Manager

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 22.03.2011

Names of Shareholders	No. of Shares
Buckau Walther GmbH	535583
Protos Engineering Company Private Limited, India	163456
Shefali N. Kapadia	10280
Nandkumar J Girme	5458
Jayprakash J Girme	5458
Paharpur Cooling Towers Limited, India	81532
Bright Holdings and Trading Company Private Limited, India	67856
Mina P Parikh	2531
Neerja A Parikh	5951
PBC Ventures Limited, India	23650
Wist Trade Private Limited, India	5091
Harshadray Private Limited, India	20196
Mahnedra Ramanlal Gandhi	5970
Parag M Shah	2636
Premal Narendra Kapadia	3427

As on 22.03.2011

Category	Percentage
Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others]	54.73
Bodies corporate	37.35
Directors or relatives of directors	5.56
Other top fifty shareholders	2.36
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturers of Sugar Mill Machinery and Cement Machinery.

Products :

Item Code No. (ITC Code)	Product Description
84.28	Machinery for Mining and Conveyors
84.74	Sugar and Cement Machinery
84.02	Boilers

Exports :

Products :

Sugar Mill Machinery and Cement Machinery

Countries :

• Bangladesh
• Mozambique
• Kenya
• Dubai

Imports :

Products :

Steel Plates

Countries :

• China
• Germany

Terms :

Selling :

L/C / Cash and Credit

Purchasing :

L/C / Cash and Credit

PRODUCTION STATUS

As on 30.09.2010

Particulars	Licensed Capacity	Installed Capacity	Actual Production
Sugar mill machinery, specialised conveying equipment, cement plant machinery, dispersion and reaction machines (Supraton), mobile, semi-mobile, portable crushing and screening plants and crushers, screens and feeders, sponge iron plants, machinery and equipments	12,000 tonnes per annum	Available to meet licence conditions	Parts for plants within installed capacity
High speed semi-automatic, fully automatic and continuous centrifugal machines	160 Nos.	Available to meet licence conditions	49 Nos.
Closed system compost plant	One or more plants upto 300 tonnes/day for Rs. 5.00 million annually within the existing capacity of sugar machinery and calciner plant.	Available to meet licence conditions	--
Steam tube calciner drier on maximum utilisation of plant and machinery	Rs. 8.00 million	--	--
Breweries and malteries	Rs. 10.00 million within the existing capacity of sugar machinery and calciner plant	Available to meet licence conditions	--
Bagasse drying machinery and equipments	300 tonnes per annum within the existing capacity of sugar machinery	Available to meet licence conditions	--
FBC Boilers (Bubbling bed type and circofluid type) from 20 TPH to 200 TPH capacities for multi-fuel firing	2500 M.T. per annum within the existing capacity of sugar machinery	Available to meet licence conditions	Parts for plants within installed capacity
Fruit Juices Machinery, Alcohol Machinery and Alcoholic Beverages Machinery	4000 M.T. per annum within the existing capacity of sugar machinery	Available to meet licence conditions	Parts for plants within installed capacity

GENERAL INFORMATION

Customers :

Manufacturer

No. of Employees :

1500 [Approximately]

Bankers :

· Bank of India, Express Towers, Nariman Point, Mumbai-400021, Maharashtra, India

· Syndicate Bank, 10, Homji Modi Street, Mumbai-400023, Maharashtra, India

· Bank of India, Pimpri Branch, Pune-411018, Maharashtra, India

· Central Bank of India, 22/13, Poonam Chambers, Pimpri, Pune-411018, Maharashtra, India

· State Bank of Tranvacore, 1248/A, Azmani Plaza, Deccan Gymkhana, Pune-411004, Maharashtra, India

· Union Bank of India, 1202/39, Shirole Marg, Pune – 411004, Maharashtra, India

· Bank of Baroda, Jangli Maharaj Road, Opposite Modern High School, Shivajinagar, Pune – 411004, Maharashtra, India

· Syndicate Bank, 1216/A, Ferguson Colleg Road, Shivajinagar, Pune – 411004, Maharashtra, India

· Deutsche Bank, Hazarimal Somani Marg, Fort Mumbai-400001, Maharashtra, India

· IDBI Bank

· HSBC Bank

· Bank of Baroda

· HDFC Bank Limited

· Commerz Bank

· ABN Amro Bank N.V.

· State Bank of India

· ICICI Bank Limited

· Royal Bank of Scotland

Facilities :

Particulars	30.09.2010 (Rs. In Millions)	30.09.2009 (Rs. In Millions)
Secured Loans
From Banks :
Cash Credit with Banks (Secured by hypothecation by way of first charge on all the assets including stocks of raw materials, semi finished goods, finished goods, stores and spares, consumables, bills receivables and book debts.)	37.773	50.851
Foreign Currency Loan (Secured by way of Bank Guarantees and Promissory Notes executed by a client against deferred payment credit per contra) (Repayable within one year Rs.339.348 million, previous year Rs.362.918 million)	339.348	725.836
Total	377.121	776.687

Banking Relations :	--
Auditors :
Name :	Price Waterhouse and Company Chartered Accountants
Address :	Muttha Towers, 5^th Floor, Suite No. 8, Airport Road, Yerawada, Pune-411006, Maharashtra, India
Holding Company:	Buckau Walther GmbH Germany
Ultimate Holding Company:	ThyssenKrupp AG
Fellow Subsidiary :	· ThyssenKrupp Fördertechnik GmbH · Polysius AG · ThyssenKrupp Forging Group · Krupp Canada Inc. · Polysius Shanghai · ThyssenKrupp Materials Logistic and Services · Berco Undercarriages India Private Limited · Rothe Erde GmbH · ThyssenKrupp Marine System · Polysius SAS · ThyssenKrupp Elevators India Private Limited · Uhde India Private Limited

CAPITAL STRUCTURE

As on 30.09.2010

Authorised Capital :

No. of Shares	Type	Value	Amount
1000000	Equity Shares	Rs.100/- Each	Rs.100.000 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
978650	Equity Shares	Rs.100/- Each	Rs.97.865 millions

NOTES

Of the above equity shares 535,583 shares are held by Buckau Walther GmbH, the Holding Company.

711,422 Equity Shares have been allotted as fully paid Bonus Shares by way of capitalisation of General Reserve, Securities Premium Account and Capital Redemption Reserve.

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		30.09.2010	30.09.2009	30.09.2008
SHAREHOLDERS FUNDS
1] Share Capital		97.865	97.865	97.865
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		3462.668	2873.935	2392.802
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		3560.533	2971.800	2490.667
LOAN FUNDS
1] Secured Loans		377.121	776.687	1241.129
2] Unsecured Loans		0.000	0.000	0.000
TOTAL BORROWING		377.121	776.687	1241.129
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		3937.654	3748.487	3731.796
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		602.487	612.231	560.825
Capital work-in-progress		70.978	69.200	40.616
INVESTMENT		0.200	4.200	7.200
DEFERREX TAX ASSETS		40.113	7.050	1.696
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	2782.258	1609.774	1286.158
	Sundry Debtors	5461.433	3951.081	4820.046
	Cash & Bank Balances	4372.634	2724.760	1749.818
	Other Current Assets	777.673	768.517	591.345
	Loans & Advances	2134.450	1228.186	2125.058
Total Current Assets		15528.448	10282.318	10572.425
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	3022.808	2268.061	2577.839
	Other Current Liabilities	8318.767	3906.710	3745.281
	Provisions	962.997	1051.741	1127.846
Total Current Liabilities		12304.572	7226.512	7450.966
Net Current Assets		3223.876	3055.806	3121.459
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		3937.654	3748.487	3731.796

PROFIT & LOSS ACCOUNT

	PARTICULARS		30.09.2010	30.09.2009	30.09.2008
	SALES
		Turnover	10849.885	8080.430	13426.946
	PROFIT BEFORE TAX AND EXCEPTIONAL ITEMS		1083.884	805.498	1042.814
Add	EXCEPTIONAL ITEMS		40.452	133.866	0.000
	PROFIT BEFORE TAX		1124.336	939.364	1042.814
Less	TAX		353.012	309.384	363.961
	PROFIT AFTER TAX		771.324	629.980	678.853
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		123.465	112.170	87.701
Less	APPROPRIATIONS
		Dividend	156.584	127.225	107.652
		Tax on Dividend	26.007	21.622	18.295
		Transfer to General Reserve	575.383	469.838	528.437
	BALANCE CARRIED TO THE B/S		136.815	123.465	112.170
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	927.288	387.956	1410.801
		Export Services	82.337	121.571	130.745
	TOTAL EARNINGS		1009.625	509.527	1541.546
	IMPORTS
		Raw Materials	782.591	226.404	166.457
		Components	201.192	309.617	1278.248
		Stores & Spares	15.156	3.279	5.244
		Capital Goods	3.052	1.081	69.461
	TOTAL IMPORTS		1001.991	540.381	1519.410
	Earnings Per Share (Rs.)		788.15	643.72	693.66

Particulars	31.03.2011
Sales Turnover [Approximately]	15000.000

The above information has been parted by Mr. Gopal Prabhu.

KEY RATIOS

PARTICULARS		30.09.2010	30.09.2009	30.09.2008
PAT / Total Income	(%)	NA	7.53	5.00
Net Profit Margin (PBT/Sales)	(%)	10.36	11.63	7.77
Return on Total Assets (PBT/Total Assets}	(%)	6.97	8.62	9.37
Return on Investment (ROI) (PBT/Networth)		0.32	0.32	0.42
Debt Equity Ratio (Total Liability/Networth)		3.56	2.69	3.49
Current Ratio (Current Asset/Current Liability)		1.26	1.42	1.42

LOCAL AGENCY FURTHER INFORMATION

Details of Sundry Creditors:

Particulars	30.09.2010 [Rs. in Millions]	30.09.2009 [Rs. in Millions]	30.09.2008 [Rs. in Millions]
Sundry Creditors	3022.808	2268.061	2577.839

REVIEW OF BUSINESS ENVIRONMENT

Year 2009-10.

The Indian economy made a strong rebound in the financial year 2009-10 as Government’s stimulus packages took hold after facing slow down in financial year 2008-09. The real GDP growth rate for financial year 2009-10 was 7.4% (6.7% in previous year). India expects to get back to the higher growth trajectory soon. The GDP growth for financial year 2010-11 is expected to be 8.70%. The infrastructure and construction sectors in India experienced revival and growth during the year.

The company was able to encash the opportunity provided by growth momentum in the economy particularly infrastructure sector along with the various measures taken by the company to improve the productivity, reduce cost, update technology and improved project execution which reflected in the better performance of the company over last year.

Outlook for 2010-11.

With the rapid growth of the economy in recent years, the need of adding capacity to overcome infrastructural constraints has increased. Government’s policy initiatives to attract private investment in power, roads, ports etc. have opened good avenues for the business of the company.

In spite of increased business opportunities it is expected that competition will intensify. Timely execution within the estimated cost and efficient working capital management will be of critical importance in coming years. Measures for technology up-gradation especially in boiler and captive power plant business will enhance the competitive edge and enable the business to move up the value chain for expanding the market coverage and better margin.

The expanded manufacturing and engineering facilities for boiler and cement machineries which the company has undertaken are available to meet the increased demand.

The company is taking adequate measures to attract and retain skilled manpower. However, human resource management would continue to be a challenge in the year 2010-11 and years to come.

The company shall continue to focus on in-house manufacturing, deeper market penetration, effective project management and cost efficient operations which will be the major success factors. With such measures, accompanied by good business prospects and strong order on hand position as on 1.10.2010, the year 2010-11 will be a milestone year for the company.

Turnover (sales and other income) and Profit

Turnover for the year 2009-10 stands at Rs.10849.885 million (previous year Rs.8080.430 million) recording the growth of 34.27% over previous year. Profit before tax and before exceptional item Rs.1083.884 million (previous year Rs.805.498 million) and profit before tax and after exceptional item Rs.1124.336 million (previous year Rs.939.364 million) and post tax profit at Rs.771.324 million (previous year Rs.629.980 million) recording a growth of 34.56%, 19.69% and 22.42% respectively.

Operations and Prospects

Orders worth Rs.21135 million were booked during the year as against Rs.10589 million during the previous year giving growth of 100% over previous year. Orders on hand as on 1.10.2010 were Rs.27481 million as against Rs.17772 million as on 1.10.2009.

Divisional Performance

Material Handling Division

The tempo of Economic Growth is expected to increase in the financial year 2010- 11 and is expected to achieve the growth rate between 8% - 9% which will provide significant business opportunities in power, ports, steel and mining sector where huge investment is expected to remove the infrastructural bottlenecks.

Thermal Power Sector Continues to be the main growth driver for MHE Business. The Eleventh Five Year Plan envisaged capacity addition of 78,700 MW of which 75.8 per cent will be thermal power. Additional 12000 MW power will be added through Captive Power Plants.

Other Important sectors for MHE opening up are Ports, Mining and Steel. Company has established contacts with various potential customers who will be establishing facilities in next 2 – 3 years time frame and there are good chances of penetrating this business.

The company has received a very prestigious order from Coastal Energen Private Limited, Tuticorin, valuing Rs.2504.500 million for Coal Handling System for 2 X 600 MW Thermal Power Plant during the year 2009-10.

Further during the month of October 2010 the company has received an important order from Jindal Power Limited, for coal handling plant inside the power plant for 4 X 600 MW at O.P. Jindal Super Thermal Power Project at Tamnar, Raigarh, Chhatisgarh, at a price of Rs.1800 million on turnkey basis and also order from GMR Kamalanga Energy Limited, Bhubaneshwar, Orissa for Wagon Tippler system for 4 X 350 MW, Kamalanga TPP for Rs.412.200 million.

The following important projects are under execution in various stages:-

· Coastal Gujarat Power Limited for Internal Coal Handling Package for the 5 x 800 MW Mundra Ultra Mega Power Project during the year.

· Damodar Valley Corporation for the Coal Handling Plant package for 2 x 500 MW Durgapur Steel Plant at Andal, Bardhman, West Bengal.

· Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited for the Coal Handling Plant package for 2 x 250 MW Harduaganj Thermal Power Station.

· NTPC, Simhadri – Wagon Tippler and associated equipments.

Boiler and Power Plant Division

Persistent power shortage is the major cause of concerns for policy makers and industry. There was a shortage of 10.1% in terms of total energy requirement and 13.3% in terms of peak demand requirement in the year 2009-10. There are also issues regarding availability of quality power supplied by the grid which is of prime importance for process industry. Hence there are good prospects for investment in captive power plants in private sector. This provides a very good business opportunity for this segment of the business of the company.

It is specifically to be mentioned that the company has been receiving repeat orders from HINDALCO Industries Limited. In this chain, during the year 2009-10 the company has received fourth order for supply of 2 X 165 TPH CFBC Boilers for their Unit 5 at Hirakud at a price of Rs.787.277 million. It will be a unique achievement to have 11 CFBC Boilers of identical capacity at one location. This is on account of “customer satisfaction” achieved by timely completion of projects and adopting highest quality standards.

Highlights of other important orders are as under:-

Name of customer	Order Value Rs. Million	Work content
Anrak Aluminium Limited	1476	1 X 315 TPH CFBC Boiler under BTG package in addition to two Boilers as mentioned last year.
Bajaj Infrastucture	3450	6 X 190 TPH CFBC Boiler.
Bhushan Energy Limited	807	1 X 275 TPH CFBC Boiler.
Action Ispat and Power Private Limited	752	1 X 185 TPH CFBC Boiler.
Star Cement, Meghalaya	540	2 X 90 TPH CFBC Boiler.

Execution of the boiler projects are progressing well. The highlights are as under:-

· Monnet Ispat and Energy Limited for 1 No. 336 TPH Steam Boiler at Naharpalia, Raigarh, Chhatisgarh.

· Bhushan Steel Limited – 3 Nos. 275 TPH Steam Boilers with auxiliaries for power plant at Meramandali, Angal, Orissa.

· Facor Power Limited – 3 X 155 TPH Boiler with auxiliaries.

· Bhushan Power and Steel Limited – 1 X 390 TPH Boiler

· Gupta Energy - 2 X 250 TPH Boilers.

Polysius Cement Machinery Division

Huge infrastructure spending planned by Government of India during 11th Five Year Plan and strong demand of housing in both urban and rural areas will augur well for the demand for cement in India. Over the next three years, the industry would add around 100 MTPA of fresh capacity, taking the total to in excess of 320 MTPA by 2012.

Highlights of the orders received during the year:-

Name of customer	Order Value Rs. Million	Work content
Wonder Cement, India	880.639	6500 TPD Cement Plant.
Goldstone Cement, India	370.00	1700 TPD Cement Plant.
Vicat Sagar Cement, India	438.300	Raw material and clinker grinding units.
Meghna Group, Bangladesh	USD 12.025 million	3000 TPD Clinker Grinding unit.

Following are the projects under execution:-

· Various Projects with Jaiprakash Associates Limited

· Ambuja Cement (Holcim) at Bhatapara and Rauri.

· India Cement Group, Visaka Line 2.

· Vasavdatta Cement, Sedam - Line 4

· Mombassa Cement, Kenya – Nairobi Grinding Unit and Mombassa Main Plant.

Sugar Machinery Division

This scenario of sugar industry is projecting optimistic outlook for sugar plant and machinery suppliers in forth coming years as sugar mills will undertake new plants and will also be expanding their capacity with modernization and co-generation in view of good monsoon and higher coverage for sugar cane crop. However, there are large number of machinery suppliers which will provide stiff competition in terms of price and delivery. The company is preparing to meet such competition by re-looking the design and further developments.

Highlights of the important orders received during the year:-

Name of customer	Order Value Rs. Million	Description of order
Sukari Industries Limited, West Nyokal, Kenya.	586.500	1500 TCD Sugar Plant expandable to 2500 TCD
Lokmangal Sugar Ethanol and Cogeneration Industries Limited, Bhandarkavathe, Sholapur.	320.000	Expansion of Sugar plant from 2500 TCD To 6000 TCD
Madras Sugar, Vengur Village, Tamilnadu	185.000	Supply, erection and commissioning of Milling Plant (36” x 78”) suitable for 3600 TCD sugar plant
Madras Sugar, Vengur Village, Tamilnadu	23.500	Supply, erection and commissioning of 5 Nos. Batch Type Centrifugal Machines KB 1500.
Shri Chatrapati Shahu Sahakari Sakhar Karkhana Limited, Kagal.	192.500	Supply, erection and commissioning of 60 TPH, 67 Kg/cm2 Co-generation Boiler.

Execution of the projects, particularly from Kisanveer Satara Sahakari Sakhar Karkhana Limited for supply of 1 No. 120 TPH Travelling Grate Boiler for their sugar plant at Bhuinj, is progressing well.

Bankers Charges Report as per Registry

This form is for	Modification of charge
Charge identification number of the modified	80012972
Corporate identity number of the company	U74999MH1947PTC005508
Name of the company	THYSSENKRUPP INDUSTRIES INDIA PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	154C, Mittal Tower, 15^th Floor, 210, Nariman Point, Mumbai-400021, Maharashtra, India
Type of charge	Book Debts Others Stocks and Other movables
Particular of charge holder	Bank of India, Pimpri Branch, Pune-411018, Maharashtra, India Email ID: boipimpri@vsnl.net
Nature of description of the instrument creating or modifying the charge	Second supplemental joint deed of hypothecation ; Second supplemental working capital consortium agreement
Date of instrument Creating the charge	17.01.2008
Amount secured by the charge	Rs.11000.000 millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest As per sanction letters issued by the banks in the consortium. Terms of Repayment Fund and non fund based limits as per sanction letters issued by the banks in the consortium. Margin As per sanction letters issued by the banks in the consortium Extent and Operation of the charge To the extent of fund and non fund based sanctioned limits of the banks in the consortium
Short particulars of the property charged	Stock and other moveable located at various sites of the Company i.e. Pimpri, Pune and Hyderabad etc.
Date of latest modification prior to the present modification	29.09.2006
Particulars of the present modification	Admission of HSBC Limited, a Banking Corporation, incorporated in Hongkong and having its Branch Office at Amar Avinash Corporate City, Sector 11, Bund Garden Road, Pune 411 001 to the existing Consortium. Enhancing Credit facilities to the Borrower by revising Fund based facilities from Rs.500 million to Rs.1000 million Non Fund based facilities from Rs.3500 million to Rs.10000 million

TRADE REFERENCES:

• Siemens India
• ABB Limited
• SAIL

FIXED ASSETS:

Tangible Assets  

• Land
• Buildings
• Plant and Machinery and Equipments
• Furniture, Fixture and Office Appliances
• Vehicles

Intangible Assets

• Computer Software
• Technical Know-how

NEW RELEASE:

CBI carries out searches at NLC office

BS Reporter / Chennai March 24, 2011, 0:14 IST

The Central Bureau of Investigation (CBI) carried out searches at the corporate office of state-run Neyveli Lignite Corporation (NLC) and the residential premises of four NLC officials in connection with alleged irregularities in award of contracts.

According to sources, a 23-member CBI team conducted the searches for six hours last night across eight premises. Incriminating documents and cash were seized during the raid, according to a statement by CBI.

The searches were held following complaints of corruption in awarding contracts and purchase of equipment in mines in the public sector unit.

NLC Chairman and Managing Director A R Ansari said, “Our records are clean and nothing to worry about. It was a routine exercise.”

According to the statement, the Anti-Corruption Branch of CBI in Chennai has registered a criminal case against B Sivagnanam, chief general manager (contracts), and S Vijayan, deputy general manager (contracts) of NLC and Thyssenkrupp Industries India Private Limited, Pune, for the alleged offences of criminal conspiracy (120B IPC), cheating (420 IPC) and criminal misconduct (13(2) r/w 13(1)(d) of PC Act, 1988, committed by them with regard to the irregularities in the award and execution of contracts for supply and erection of conveyor systems at Mine-II of NLC, Neyveli.

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.47.84
UK Pound	1	Rs.75.40
Euro	1	Rs.65.67

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	8
PAID-UP CAPITAL	1~10	7
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	7
--PROFITABILIRY	1~10	8
--LIQUIDITY	1~10	7
--LEVERAGE	1~10	7
--RESERVES	1~10	8
--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		64

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.