MIRA INFORM REPORT

Report Date :

06.04.2012

IDENTIFICATION DETAILS

Name :	SM SOLAR ENERGY (INDIA) PRIVATE LIMITED

Registered Office :	Flat No. 405, Tulips Apartments, 6-3-655, Somajiguda, Hyderabad – 500082, Andhra Pradesh

Country :	India

Financials (as on) :	31.03.2011

Date of Incorporation :	01.01.2011

Com. Reg. No.:	01-071998

Capital Investment / Paid-up Capital :	Rs.0.100 Million

CIN No.: [Company Identification No.]	U40104AP2011PTC071998

TAN No.: [Tax Deduction & Collection Account No.]	HYDS29451C

PAN No.: [Permanent Account No.]	AAPCS1714F

Legal Form :	Private Limited Liability Company

Line of Business :	To carry on the business to generate, distribute, purchase, sell of Electric Power by conventional, non conventional methods including Industrial Waste, Poultry Litter, Bio-Mass, Waste, Thermal, Solar, Hydel, Goe-Hydel, Wind, Coal, Gas Lignite, Oil and Tidal Waves both for Domestic and Industrial purpose and also to provide Infrastructure facilities and other related activities.

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
-	NB	New Business	-

Maximum Credit Limit :	USD 400

Status :	New Company

Payment Behaviour :	Unknown

Litigation :	Clear

Comments :	Subject is a new company and yet to commence its business activities. Payments are unknown. The company can be considered for business dealings on a safe and secured trade terms and conditions.

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – September 30, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

India

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

LOCATIONS

Registered Office :	Flat No. 405, Tulips Apartments, 6-3-655, Somajiguda, Hyderabad – 500082, Andhra Pradesh, India
Tel. No.:	Not Available
Fax No.:	Not Available
E-Mail :	mukundparmar2020@gmail.com

DIRECTORS

As on 26.09.2011

Name :

Mr. Sanjeev Gandhavraj Mansotra

Designation :

Director

Address :

131, Monisha Towers, 4^th Cross Lane, Lokhandwala Complex, Andheri (West), Mumbai – 400053, Maharashtra, India

Date of Birth/Age :

21.03.1971

Date of Appointment :

01.01.2011

DIN No.:

01030000

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	U51900MH1999PTC121711	CORE STEEL INDUSTRIES PRIVATE LIMITED	Director	9/09/1999	9/09/1999	15/02/2012	Active	NO
2	U65920MH2000PLC129253	SAN-NEEL INDUSTRIES LIMITED	Director	19/10/2000	19/10/2000	15/02/2012	Active	NO
3	U51909MH2002PLC137824	WISDOM GLOBAL ENTERPRISES LIMITED	Director	8/11/2002	8/11/2002	-	Active	NO
4	U75123MH1999PTC122700	SOHUM HEALTH AWARENESS PRIVATE LIMITED	Director	21/03/2003	21/03/2003	15/02/2012	Active	NO
5	L51900MH1985PLC035915	CORE EDUCATION AND TECHNOLOGIES LIMITED	Director	1/04/2011	12/05/2003	-	Active	NO
6	U45201MH2006PTC165379	ASTRAL INFRAPROJECTS PRIVATE LIMITED	Director	6/11/2006	6/11/2006	-	Strike off	NO
7	U27109MH2006PLC166398	CORE STEEL AND POWER LIMITED	Director	21/12/2006	21/12/2006	-	Active	NO
8	U72200DL2005PTC142599	AARMAN SOFTWARE PRIVATE LIMITED	Director	26/03/2007	26/03/2007	-	Active	NO
9	U85100MH2007PLC174962	CORE WELLNESS LIMITED	Director	12/10/2007	12/10/2007	-	Active	NO
10	U74999MH2007PTC176079	SOHUM SPAS PRIVATE LIMITED	Director	22/11/2007	22/11/2007	-	Strike off	NO
11	U55101MH2008PLC182343	SOHUM WELLNESS RETREAT AND RESORTS LIMITED	Director	17/05/2008	17/05/2008	-	Strike off	NO
12	U80221MH2008PLC184133	CORE EDUCATION INFRATECH LIMITED	Director	30/06/2008	30/06/2008	-	Active	NO
13	U40102MH2008PLC184187	CORE POWER LIMITED	Director	2/07/2008	2/07/2008	-	Strike off	NO
14	U80101MH2008PLC185285	CORE LEARNING PANORAMA LIMITED	Director	31/07/2008	31/07/2008	-	Active	NO
15	U80301MH2008PLC185348	CORE HIGHER LEARNING LIMITED	Director	1/08/2008	1/08/2008	-	Active	NO
16	U40102MH2008PLC185307	CORE INFRAPOWER LIMITED	Director	1/08/2008	1/08/2008	-	Active	NO
17	U74900MH2010PTC204319	SHAAHID AMIR FASHION PRIVATE LIMITED	Director	16/06/2010	16/06/2010	9/03/2011	Active	NO
18	U80301MH2010PLC204553	CORE CAREERS AND SKILL DEVELOPMENTS LIMITED	Director	21/06/2010	21/06/2010	-	Active	NO
19	U40101MH2010PLC206195	CORE SOLAR SYSTEMS LIMITED	Director	2/08/2010	2/08/2010	-	Strike off	NO
20	U40102MH2010PLC207146	CORE RATNAGIRI POWER LIMITED	Director	27/08/2010	27/08/2010	-	Strike off	NO
21	U40102AP2010PTC070756	SM INFRA POWER (INDIA) PRIVATE LIMITED	Director	7/10/2010	7/10/2010	-	Active	NO
22	U72300MH2010PTC210808	SOHUM HEALTHFRIEND PRIVATE LIMITED	Director	8/12/2010	8/12/2010	-	Active	NO
23	U52100MH2010PTC210852	SOHUM WELLNESS RETAILS PRIVATE LIMITED	Director	9/12/2010	9/12/2010	-	Active	NO
24	U93030MH2010PTC210849	SOHUM WELLNESS DESTINATION SPAS PRIVATE LIMITED	Director	9/12/2010	9/12/2010	-	Active	NO
25	U85100MH2010PTC210877	SOHUM WELLNESS ACADEMY PRIVATE LIMITED	Director	10/12/2010	10/12/2010	-	Active	NO
26	U80300MH2010PTC211639	CORE HIGHER EDUCATION PRIVATE LIMITED	Director	31/12/2010	31/12/2010	-	Active	NO
27	U80302MH2010PTC211638	CORE SKILL DEVELOPMENT AND CAREERS PRIVATE LIMITED	Director	31/12/2010	31/12/2010	-	Active	NO
28	U80301MH2010PTC211637	CORE K12 SCHOOLS PRIVATE LIMITED	Director	31/12/2010	31/12/2010	-	Active	NO
29	U40104AP2011PTC071998	SM SOLAR ENERGY (INDIA) PRIVATE LIMITED	Director	1/01/2011	1/01/2011	-	Active	NO
30	U40102AP2011PTC071997	SM MP POWER (INDIA) PRIVATE LIMITED	Director	1/01/2011	1/01/2011	-	Active	NO
31	U40102AP2011PTC071994	SM RATNAGIRI POWER (INDIA) PRIVATE LIMITED	Director	1/01/2011	1/01/2011	-	Active	NO
32	U93090MH2011PTC212551	SOHUM SPAS AND WELLNESS PRIVATE LIMITED	Director	20/01/2011	20/01/2011	-	Active	NO
33	U80902MH2012NPL228846	DNYANODAYA EDUCATION FOUNDATION	Director	28/03/2012	28/03/2012	-	Active	NO

Name :

Ms. Neelam Sanjeev Mansotra

Designation :

Director

Address :

Flat 131/141, Monisha Towers, Plot No. 113, 4^th X Road, Lokhandwala Complex, Andheri (West), Mumbai – 400053, Maharashtra, India

Date of Birth/Age :

15.12.1966

Date of Appointment :

01.01.2011

DIN No.:

01393091

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	U51900MH1999PTC121711	CORE STEEL INDUSTRIES PRIVATE LIMITED	Director	9/09/1999	9/09/1999	-	Active	NO
2	U65920MH2000PLC129253	SAN-NEEL INDUSTRIES LIMITED	Director	19/10/2000	19/10/2000	-	Active	NO
3	U51909MH2002PLC137824	WISDOM GLOBAL ENTERPRISES LIMITED	Director	30/09/2005	30/09/2005	-	Active	NO
4	U74900AP2010PTC066797	EXON GLOBAL ENTERPRISES PRIVATE LIMITED	Director	25/01/2010	25/01/2010	-	Active	NO
5	U40102AP2010PTC070756	SM INFRA POWER (INDIA) PRIVATE LIMITED	Director	7/10/2010	7/10/2010	2/10/2011	Active	NO
6	U72300MH2010PTC210808	SOHUM HEALTHFRIEND PRIVATE LIMITED	Director	8/12/2010	8/12/2010	-	Active	NO
7	U52100MH2010PTC210852	SOHUM WELLNESS RETAILS PRIVATE LIMITED	Director	9/12/2010	9/12/2010	-	Active	NO
8	U93030MH2010PTC210849	SOHUM WELLNESS DESTINATION SPAS PRIVATE LIMITED	Director	9/12/2010	9/12/2010	-	Active	NO
9	U85100MH2010PTC210877	SOHUM WELLNESS ACADEMY PRIVATE LIMITED	Director	10/12/2010	10/12/2010	-	Active	NO
10	U80300MH2010PTC211639	CORE HIGHER EDUCATION PRIVATE LIMITED	Director	31/12/2010	31/12/2010	-	Active	NO
11	U80302MH2010PTC211638	CORE SKILL DEVELOPMENT AND CAREERS PRIVATE LIMITED	Director	31/12/2010	31/12/2010	-	Active	NO
12	U80301MH2010PTC211637	CORE K12 SCHOOLS PRIVATE LIMITED	Director	31/12/2010	31/12/2010	-	Active	NO
13	U40104AP2011PTC071998	SM SOLAR ENERGY (INDIA) PRIVATE LIMITED	Director	1/01/2011	1/01/2011	2/10/2011	Active	NO
14	U40102AP2011PTC071997	SM MP POWER (INDIA) PRIVATE LIMITED	Director	1/01/2011	1/01/2011	2/10/2011	Active	NO
15	U40102AP2011PTC071994	SM RATNAGIRI POWER (INDIA) PRIVATE LIMITED	Director	1/01/2011	1/01/2011	2/10/2011	Active	NO
16	U93090MH2011PTC212551	SOHUM SPAS AND WELLNESS PRIVATE LIMITED	Director	20/01/2011	20/01/2011	-	Active	NO
17	U80902MH2012NPL228846	DNYANODAYA EDUCATION FOUNDATION	Director	28/03/2012	28/03/2012	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 26.09.2011

Names of Shareholders		No. of Shares
Sanjeev Gandhavraj Mansotra		5000
Neelam Sanjeev Mansotra		5000
Total		10000

Equity Share Break up (Percentage of Total Equity)

As on 26.09.2011

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

To carry on the business to generate, distribute, purchase, sell of Electric Power by conventional, non conventional methods including Industrial Waste, Poultry Litter, Bio-Mass, Waste, Thermal, Solar, Hydel, Goe-Hydel, Wind, Coal, Gas Lignite, Oil and Tidal Waves both for Domestic and Industrial purpose and also to provide Infrastructure facilities and other related activities.

GENERAL INFORMATION

No. of Employees :	Not Available

Bankers :	Not Available


Banking Relations :	--

Auditors :
Name :	P Murali Mohan Rao and Company Chartered Accountants
Address :	6-3-655/2/3, Somajiguda, Hyderabad – 500082, Andhra Pradesh, India
PAN.:	AAWPP7457L

CAPITAL STRUCTURE

As on 31.03.2011

Authorised Capital :

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

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	Rs.10/- each	Rs.0.100 Million

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011
SHAREHOLDERS FUNDS
1] Share Capital		0.100
2] Share Application Money		0.000
3] Reserves & Surplus		0.000
4] (Accumulated Losses)		0.000
NETWORTH		0.100
LOAN FUNDS
1] Secured Loans		0.000
2] Unsecured Loans		0.000
TOTAL BORROWING		0.000
DEFERRED TAX LIABILITIES		0.000

TOTAL		0.100

APPLICATION OF FUNDS

FIXED ASSETS [Net Block]		0.000
Capital work-in-progress		0.000

INVESTMENT		0.000
DEFERREX TAX ASSETS		0.000

CURRENT ASSETS, LOANS & ADVANCES
	Inventories	0.000
	Sundry Debtors	0.0000
	Cash & Bank Balances	0.027
	Other Current Assets	0.000
	Loans & Advances	0.039
Total Current Assets		0.066
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	0.000
	Other Current Liabilities	0.000
	Provisions	0.000
Total Current Liabilities		0.005
Net Current Assets		0.061

MISCELLANEOUS EXPENSES		0.039

TOTAL		0.100

KEY RATIOS

PARTICULARS				31.03.2011
Debt Equity Ratio (Total Liability/Networth)				0.05

Current Ratio (Current Asset/Current Liability)				13.20

LOCAL AGENCY FURTHER INFORMATION

PROFILE

The Company was incorporated on 01.01.201 1 to carry on the business to generate, distribute, purchase, sell of Electrical Power by conventional, non conventional methods including Industrial Waste, Poultry Litter, Bio-Mass, Waste, Thermal, Solar, Hydel, Goe-Hydel, Wind, Coal, Gas Lignite, Oil and Tidal Waves both for Domestic and Industrial purpose and also to provide Infrastructure Facilities for the said Business and other related activities. The present Authorised Share Capital of the Company is Rs.0.500 Million. The Issued, Subscribed and paid up share capital of the company stands at Rs.0.100 Million. The company has not started any business during the year.

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.51.05
UK Pound	1	Rs.81.09
Euro	1	Rs.67.39

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.

MIRA INFORM REPORT

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