MIRA INFORM REPORT

Report Date :

10.04.2012

IDENTIFICATION DETAILS

Name :	SUPREME PETROCHEM LIMITED
Registered Office :	612, Raheja Chambers, Nariman Point, Mumbai - 400 021, Maharashtra
Country :	India
Financials (as on) :	30.06.2011
Date of Incorporation :	14.12.1989
Com. Reg. No.:	11-054633
Capital Investment / Paid-up Capital :	Rs.968.386 Millions
CIN No.: [Company Identification No.]	L23200MH1989PLC054633
TAN No.: [Tax Deduction & Collection Account No.]	MUMS01358A
Legal Form :	A Public Limited Liability Company. The Company’s Shares are Listed on the Stock Exchange.
Line of Business :	Manufactures of Styrene Monomer and Polystyrene.
No. of Employees :	252 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (49)

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 11700000
Status :	Satisfactory
Payment Behaviour :	Usually correct
Litigation :	Clear
Comments :	Subject is a well established and a reputed company having satisfactory track. The company is doing well. Trade relations are reported as fair. Business is active. Payments are reported to be usually correct and as per commitments. The company can be considered normal for 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.

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

LOCATIONS

Registered Office :	612, Raheja Chambers, Nariman Point, Mumbai - 400021, Maharashtra, India
Tel. No.:	91-22-22883518-20
Fax No.:	91-22-22883521
E-Mail :	ravi_kuddyady@spl.co.in
Website :	http://www.supremepetrochem.com
Corporate Office :	1161, 1162, 6^th Floor, Solitaire Corporate Park, 167, Guru Hargovindji Marg, Andheri-Ghatkopar Link Road, Chakala, Andheri (East), Mumbai - 400093, Maharashtra, India
Tel. No.:	91-22-67710000/ 40430000/ 30840000
Fax No.:	91-22-67710099/ 40430099
Factory 1 :	Amdoshi, Wakan Roha Road, Post : Patansai, Taluka Roha, District Raigad - 402106, Maharashtra, India
Tel. No.:	91-2194-222540 - 2548
Fax No.:	91-2194-222337 / 2537 / 2617
E-Mail :	splw@bom7.vsnl.net.in
Factory 2 :	Ammulavoyil Village, Andarkuppam Post, Manali New Town, Chennai – 600103, Tamilnadu, India

DIRECTORS

As on 06.10.2010

Name :

Mr. Mahaveerprasad Surajmal Taparia

Designation :

Director

Address :

Giri Kunj, NS Road, 71, Marine Drive, Mumbai – 400020, Maharashtra, India

Date of Birth/Age :

22.10.1937

Date of Appointment :

14.12.1989

DIN No.:

00112461

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	L35920MH1942PLC003554	THE SUPREME INDUSTRIES LIMITED	Managing director	2/08/1966	2/08/1966	-	Active	NO
2	U92140MH1979PLC021532	MULTILAYER FILMS LIMITED	Director	7/08/1979	7/08/1979	-	Amalgamated	NO
3	U67120MH1981PTC024060	JAGATGURU INVESTMENT AND TRADING COMPANY PRIVATE LIMITED	Director	18/03/1981	18/03/1981	-	Amalgamated	NO
4	L28900MH1982PLC028535	KABRA EXTRUSION TECHNIK LIMITED	Director	31/03/1989	31/03/1989	-	Active	NO
5	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	14/12/1989	14/12/1989	-	Active	NO
6	U65990MH1994PLC081785	SUPREME CAPITAL MANAGEMENT LIMITED	Director	6/10/1994	6/10/1994	-	Active	NO
7	U24132MH1999NPL119821	POLYSTYRENE PRODUCERS' ASSOCIATION (INDIA)	Director	11/05/1999	11/05/1999	-	Active	NO
8	U93090MH2007PLC166777	SPL INDUSTRIAL PARK LIMITED	Director	6/01/2007	6/01/2007	-	Strike off	NO
9	L21010GJ1991PLC019432	RAMA NEWSPRINT AND PAPERS LIMITED	Director	27/09/2007	3/05/2007	30/09/2010	Active	NO
10	U93000MH2007PLC173259	SPL INDUSTRIAL SUPPORT SERVICES LIMITED	Director	20/08/2007	20/08/2007	-	Strike off	NO
11	U65990MH2010PTC202490	JOVIAL INVESTMENT AND TRADING COMPANY PRIVATE LIMITED	Managing director	28/04/2010	28/04/2010	-	Active	NO
12	L02101KA1955PLC001936	THE WEST COAST PAPER MILLS LIMITED	Director	30/07/2011	11/11/2010	-	Active	NO

Name :

Mr. Rajan Biharilal Raheja

Designation :

Director

Address :

Rahejas GB Jukar Road, Juhu, Mumbai – 400049, Maharashtra, India

Date of Birth/Age :

17.06.1954

Date of Appointment :

14.12.1989

DIN No.:

00037480

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	U70100MH1973PTC016772	VIJAY RAHEJA BUILDERS PRIVATE LIMITED	Director	14/03/1976	14/03/1976	-	Active	NO
2	U45202MH1979PTC021177	BRINDABAN BUILDERS PRIVATE LIMITED	Director	6/04/1979	6/04/1979	-	Active	NO
3	U45200MH1981PTC025009	R. RAHEJA PROPERTIES PRIVATE LIMITED	Director	17/08/1981	17/08/1981	-	Active	NO
4	U55200MH1974PLC017128	JUHU BEACH RESORTS LIMITED	Director	29/12/1983	29/12/1983	-	Active	NO
5	U70100MH1982PTC027471	AMBER APARTMENT MAKERS PRIVATE LIMITED	Director	19/03/1989	19/03/1989	-	Active	NO
6	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	14/12/1989	14/12/1989	-	Active	NO
7	U65990MH1990PTC056710	VARAHAGIRI INVESTMENTS AND FINANCE PRIVATE LIMITED	Director	31/05/1990	31/05/1990	-	Active	NO
8	U70200MH1990PTC056723	PENINSULA ESTATES PRIVATE LIMITED	Director	1/06/1990	1/06/1990	-	Active	NO
9	U65990MH1990PTC056736	MATSYAGANDHA INVESTMENT AND FINANCE PRIVATE LIMITED	Director	4/06/1990	4/06/1990	-	Active	NO
10	U65990MH1990PTC057724	CORONET INVESTMENTS PRIVATE LIMITED	Director	29/07/1991	29/07/1991	-	Active	NO
11	L31402WB1947PLC014919	EXIDE INDUSTRIES LIMITED	Director	12/12/1991	12/12/1991	-	Active	NO
12	U67120MH1986PTC042025	R RAHEJA INVESTMENTS PRIVATE LIMITED	Director	18/08/1992	18/08/1992	29/03/2010	Active	NO
13	U55101WB1989PLC047462	INDUS HOTELS CORPORATION LIMITED	Director	17/09/1992	17/09/1992	-	Amalgamated	NO
14	U65990MH1993PTC072713	HATHWAY INVESTMENTS PRIVATE LIMITED	Director	6/07/1993	6/07/1993	26/03/2010	Active	NO
15	U26900MH1958PLC011013	H. AND R. JOHNSON (INDIA) LIMITED	Director	10/09/1993	10/09/1993	-	Amalgamated	NO
16	L92490TN1983PLC009903	EIH ASSOCIATED HOTELS LIMITED	Director	15/12/1993	15/12/1993	-	Active	NO
17	U45200MH1992PTC066474	GLOBUS STORES PRIVATE LIMITED	Director	24/01/1994	24/01/1994	26/03/2010	Active	NO
18	L65192MH1960PLC011579	FUTURA POLYESTERS LIMITED	Director	17/02/1994	17/02/1994	12/04/2008	Active	NO
19	L26942AP1992PLC014033	PRISM CEMENT LIMITED	Director	1/04/1994	1/04/1994	-	Active	NO

Name :

Mr. Aziz Habib Parpia

Designation :

Director

Address :

9, Blooming Heights, 4, Pali Hill, Bandra (West), Mumbai – 400050, Maharashtra, India

Date of Birth/Age :

29.06.1929

Date of Appointment :

14.12.1989

DIN No.:

00003289

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	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	14/12/1989	14/12/1989	-	Active	NO
2	U63090MH1973PTC016873	CHIKA PRIVATE LIMITED	Director	27/09/1991	27/09/1991	28/04/2010	Active	NO
3	L26942AP1992PLC014033	PRISM CEMENT LIMITED	Director	6/08/1992	6/08/1992	5/05/2010	Active	NO
4	U26900MH1958PLC011013	H. AND R. JOHNSON (INDIA) LIMITED	Director	10/09/1993	10/09/1993	-	Amalgamated	NO
5	L31402WB1947PLC014919	EXIDE INDUSTRIES LIMITED	Director	5/11/1993	5/11/1993	28/04/2010	Active	NO
6	U01110MH1990PTC056727	BRINDABAN AGRO INDUSTRIES PRIVATE LIMITED	Director	26/03/1996	26/03/1996	-	Active	NO
7	U51900MH1990PTC056719	BAY-SIDE EXPORTS PRIVATE LIMITED	Director	26/03/1996	26/03/1996	-	Active	NO
8	U99999MH1982PTC027327	R.B.R. CONSTRUCTIONS PRIVATE LIMITED	Director	26/03/1996	26/03/1996	-	Active	NO
9	U93090MH2007PLC166777	SPL INDUSTRIAL PARK LIMITED	Director	6/01/2007	6/01/2007	-	Strike off	NO
10	U93000MH2007PLC173259	SPL INDUSTRIAL SUPPORT SERVICES LIMITED	Director	20/08/2007	20/08/2007	-	Strike off	NO

Name :

Mr. Bajranglal Surajmal Taparia

Designation :

Director

Address :

Giri Kunj, NS Road, 71, Marine Drive, Mumbai – 400020, Maharashtra, India

Date of Birth/Age :

24.11.1934

Date of Appointment :

22.11.1993

DIN No.:

00112438

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	L35920MH1942PLC003554	THE SUPREME INDUSTRIES LIMITED	Director	15/06/1977	15/06/1977	-	Active	NO
2	U67120MH1981PTC024063	VARALI INVESTMENT AND TRADING COMPANY PRIVATE LIMITED	Director	18/03/1981	18/03/1981	-	Amalgamated	NO
3	U92140MH1979PLC021532	MULTILAYER FILMS LIMITED	Director	9/04/1981	9/04/1981	-	Amalgamated	NO
4	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	22/11/1993	22/11/1993	-	Active	NO
5	U65990MH1994PLC081785	SUPREME CAPITAL MANAGEMENT LIMITED	Director	6/10/1994	6/10/1994	-	Active	NO
6	U65923MH2010PTC202489	VENKTESH INVESTMENT AND TRADING COMPANY PRIVATE LIMITED	Director	28/04/2010	28/04/2010	-	Active	NO

Name :

Mr. Satish Raheja

Designation :

Director

Address :

Case Postal 3153, 1211 Geneva 3, Switzerland

Date of Birth/Age :

03.01.1964

Date of Appointment :

22.11.1993

DIN No.:

00927801

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	L31402WB1947PLC014919	EXIDE INDUSTRIES LIMITED	Director	12/12/1991	12/12/1991	-	Active	NO
2	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	22/11/1993	22/11/1993	-	Active	NO
3	L26942AP1992PLC014033	PRISM CEMENT LIMITED	Director	1/04/1994	1/04/1994	-	Active	NO
4	L64204MH1959PLC011421	HATHWAY CABLE AND DATACOM LIMITED	Director	7/09/2000	7/09/2000	28/03/2008	Active	NO
5	U66010KA2000PLC028273	ING VYSYA LIFE INSURANCE COMPANY LIMITED	Director	28/10/2005	28/10/2005	-	Active	NO

Name :

Mr. Shivratan Jeetmal Taparia

Designation :

Director

Address :

Giri Kunj, NS Road, 71, Marine Drive, Mumbai – 400020, Maharashtra, India

Date of Birth/Age :

07.08.1945

Date of Appointment :

22.11.1993

DIN No.:

00112513

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	U51900MH1942PTC038009	GUJRAT TEXTILE COMPANY PRIVATE LIMITED	Director	19/08/1972	19/08/1972	-	Active	NO
2	L35920MH1942PLC003554	THE SUPREME INDUSTRIES LIMITED	Director	15/06/1977	15/06/1977	-	Active	NO
3	L28100MH1968PLC014156	ORICON ENTERPRISES LIMITED	Director	2/08/1977	2/08/1977	-	Active	NO
4	U92140MH1979PLC021532	MULTILAYER FILMS LIMITED	Director	7/08/1979	7/08/1979	-	Amalgamated	NO
5	U67120MH1981PTC024061	BALABHEEM INVESTMENT AND TRADING COMPANY PRIVATE LIMITED	Director	18/03/1981	18/03/1981	-	Amalgamated	NO
6	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	22/11/1993	22/11/1993	-	Active	NO
7	U65990MH1994PLC081785	SUPREME CAPITAL MANAGEMENT LIMITED	Director	6/10/1994	6/10/1994	-	Active	NO
8	U93090MH2007PLC166777	SPL INDUSTRIAL PARK LIMITED	Director	6/01/2007	6/01/2007	-	Strike off	NO
9	U93000MH2007PLC173259	SPL INDUSTRIAL SUPPORT SERVICES LIMITED	Director	20/08/2007	20/08/2007	-	Strike off	NO
10	U65923MH2010PTC202488	BOON INVESTMENT AND TRADING COMPANY PRIVATE LIMITED	Director	28/04/2010	28/04/2010	-	Active	NO

Name :

Mr. Hasmukh Shantilal Shah

Designation :

Director

Address :

15, Dhanushya Society, Sama Road, Baroda – 390008, Gujarat, India

Date of Birth/Age :

04.10.1934

Date of Appointment :

17.10.1994

DIN No.:

00152195

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	L99999GJ1975PLC002859	ATUL LIMITED	Director	2/11/1992	2/11/1992	-	Active	NO
2	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	17/10/1994	17/10/1994	-	Active	NO
3	L23203GJ1980PLC003623	GUJARAT GAS COMPANY LIMITED	Director	13/01/1999	13/01/1999	-	Active	NO
4	U24220GJ1991PLC016598	MICRO INKS LIMITED	Director	27/06/2000	27/06/2000	-	Active	NO
5	L24230GJ1993PLC019050	SUN PHARMACEUTICAL INDUSTRIES LIMITED	Director	23/03/2001	23/03/2001	-	Active	NO
6	L51900GJ1980PLC065554	SHAILY ENGINEERING PLASTICS LIMITED	Director	7/12/2002	7/12/2002	-	Active	NO
7	L24110GJ1970PLC001735	DEEPAK NITRITE LIMITED	Director	21/10/2003	21/10/2003	-	Active	NO
8	L92114DL1976PLC008355	COSMO FILMS LIMITED	Director	8/01/2004	8/01/2004	12/04/2010	Active	NO
9	U24230GJ2005PLC045447	DINESH REMEDIES LIMITED	Additional director	21/07/2005	21/07/2005	19/06/2010	Active	NO
10	U29119GJ1989PTC012028	FLEXICAN BELLOWS AND HOSES PRIVATE LIMITED	Director	27/10/2008	27/10/2008	-	Active	NO
11	U34100GJ1978PLC003127	MAHINDRA GUJARAT TRACTOR LIMITED	Director	22/07/2009	15/12/2008	22/04/2010	Active	NO

Name :

Mr. Madras Seshamani Ramachandran

Designation :

Director

Address :

Q8, First Floor, Hauz Khas Enclave, New Delhi – 110016, India

Date of Birth/Age :

26.02.1945

Date of Appointment :

26.07.2005

DIN No.:

00943629

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	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	4/10/2007	26/07/2005	-	Active	NO
2	L24292AP1961PLC000876	GULF OIL CORPORATION LIMITED	Director	25/10/2005	25/10/2005	-	Active	NO
3	L51909DL1984PLC018775	CALS REFINERIES LIMITED	Director	29/07/2008	17/10/2007	5/02/2011	Active	NO
4	L24111UR1985PLC015063	ESTER INDUSTRIES LIMITED	Director	19/09/2008	19/09/2008	-	Active	NO
5	L65190GJ1994PLC021012	ICICI BANK LIMITED	Director	29/06/2009	25/04/2009	-	Active	NO
6	L32309KA1954GOI000787	BHARAT ELECTRONICS LIMITED	Director	28/09/2010	23/11/2009	-	Active	NO
7	U67120AP2010PTC067499	MSA HOLDINGS PRIVATE LIMITED	Additional director	10/10/2011	10/10/2011	-	Active	NO
8	L21010AP1964PLC001008	THE ANDHRA PRADESH PAPER MILLS LIMITED	Director	22/03/2012	6/12/2011	-	Active	NO

Name :

Mr. Ramanathan Kannan

Designation :

Director

Address :

21, Parthasarathy Puram, North Usman Road, T Nagar, Chennai – 600017, Tamilnadu, India

Date of Birth/Age :

23.09.1947

Date of Appointment :

21.04.2009

DIN No.:

00380328

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	U74899DL1998PLC096845	PRIZE PETROLEUM COMPANY LIMITED	Director	1/09/2003	1/09/2003	31/12/2011	Active	NO
2	L17111TN1990PLC019791	GEM SPINNERS INDIA LIMITED	Nominee director	19/03/2004	19/03/2004	18/03/2009	Active	NO
3	U74210TN1979PLC007894	ITCOT CONSULTANCY AND SERVICES LIMITED	Nominee director	21/06/2004	21/06/2004	-	Active	NO
4	L24110MH1919PLC000564	THE DHARAMSI MORARJI CHEMICAL COMPANY LIMITED	Nominee director	30/06/2005	30/06/2005	22/01/2008	Active	NO
5	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	6/10/2009	17/07/2005	-	Active	NO
6	L15421TN1936PLC011632	THE JEYPORE SUGAR COMPANY LIMITED	Director	5/09/2005	5/09/2005	-	Active	NO
7	U65991TN1996PLC036866	TAMILNADU URBAN INFRASTRUCTURE TRUSTEE COMPANY LIMITED	Director	27/03/2006	27/03/2006	-	Active	NO
8	U11101MP1994PLC008162	BHARAT OMAN REFINERIES LIMITED	Director	14/09/2010	5/02/2008	-	Active	NO
9	U15421TN2011PLC079822	V RAMAKRISHNA SUGARS LIMITED	Director	24/03/2011	24/03/2011	-	Active	NO

Name :

Mr. Viren Rajan Raheja

Designation :

Alternate director

Address :

Rahejas GB Jukar Road, Juhu, Mumbai – 400049, Maharashtra, India

Date of Birth/Age :

13.06.1984

Date of Appointment :

23.04.2008

DIN No.:

00037592

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	U65990MH1990PTC057724	CORONET INVESTMENTS PRIVATE LIMITED	Director	3/07/2002	3/07/2002	-	Active	NO
2	U67120MH1986PTC040476	BLOOMINGDALE INVESTMENT AND FINANCE PRIVATE LIMITED	Director	6/07/2002	6/07/2002	-	Active	NO
3	U67120MH1986PTC040463	MANALI INVESTMENT AND FINANCE PRIVATE LIMITED	Director	6/07/2002	6/07/2002	-	Active	NO
4	U45200MH1992PTC066473	GSTAAD ESTATES PRIVATE LIMITED	Director	23/08/2002	23/08/2002	-	Active	NO
5	U45200MH1991PTC064056	ABU DEVELOPERS PRIVATE LIMITED	Director	23/08/2002	23/08/2002	-	Active	NO
6	U67120MH1995PTC086142	BESTOW CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	23/08/2002	23/08/2002	-	Active	NO
7	U45203MH1998PTC115093	BEACH PLAZA CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	23/08/2002	23/08/2002	-	Active	NO
8	U45200MH1992PTC066478	MANALI ESTATES PRIVATE LIMITED	Director	24/08/2002	24/08/2002	-	Active	NO
9	U67120MH1987PTC042593	KANYAKUMARI INVESTMENT AND FINANCE PRIVATE LIMITED	Director	24/08/2002	24/08/2002	-	Active	NO
10	U45200MH1992PTC066476	VILLA CAPRI ESTATES PRIVATE LIMITED	Director	24/08/2002	24/08/2002	-	Active	NO
11	U65990MH1992PTC068082	TROPHY INVESTMENT AND FINANCE PRIVATE LIMITED	Director	24/08/2002	24/08/2002	-	Active	NO
12	U65990MH1990PTC056721	RAGHUKUL INVESTMENTS AND FINANCE PRIVATE LIMITED	Director	26/08/2002	26/08/2002	-	Active	NO
13	U45200MH1996PTC101071	ZILLION CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	26/08/2002	26/08/2002	-	Active	NO
14	U70102MH1995PTC086131	WREN CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	26/08/2002	26/08/2002	-	Active	NO
15	U45200MH1994PTC078110	WHITSUN CONTRACTORS AND BUILDERS PRIVATE LIMITED	Director	26/08/2002	26/08/2002	-	Active	NO
16	U70100MH1991PTC064235	SHALINI DEVELOPERS PRIVATE LIMITED	Director	28/08/2002	28/08/2002	-	Active	NO
17	U65990MH1990PTC056812	KUNTINANDAN CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	3/10/2002	3/10/2002	-	Active	NO
18	U65990MH1990PTC056814	KAUNTEYA CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	3/10/2002	3/10/2002	-	Active	NO
19	U70101MH1990PTC056811	CHANDRAMOULI FINANCE AND ESTATES PRIVATE LIMITED	Director	3/10/2002	3/10/2002	-	Active	NO
20	U65990MH1990PTC056728	COLONNADE CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	3/10/2002	3/10/2002	-	Active	NO Bottom of Form
Top of Form 21Bottom of Form	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Alternate director	23/04/2008	23/04/2008	-	Active	NO
22	U24110MH2001PLC134105	INNOVASSYNTH TECHNOLOGIES (INDIA ) LIMITED	Director	30/09/2009	25/06/2008	-	Active	NO

Name :

Mr. Nihalchand Chunilal Chauhan

Designation :

Director

Address :

Shripati Arcade, 20^th Floor, Flat No. 4, August Kranti Marg, Nana Chowk, Mumbai – 400036, Maharashtra, India

Date of Birth/Age :

20.11.1935

Date of Appointment :

27.04.2006

DIN No.:

00021782

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	U74120MH1994PTC083907	ENCEE SECURITIES PRIVATE LIMITED	Director	10/01/1995	10/01/1995	8/06/2010	Active	NO
2	U67190MH2001PLC130813	IBS FOREX LIMITED	Director	17/05/2005	17/05/2005	-	Active	NO
3	L28900MH1982PLC028535	KABRA EXTRUSION TECHNIK LIMITED	Director	21/01/2006	21/01/2006	-	Active	NO
4	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	27/04/2006	27/04/2006	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Nageswaran Gopal
Designation :	Manager
Address :	Indra Darshan Building 14, Flat 603-604, 6^th Floor, Oshiwara, Andheri (West), Mumbai – 400053, Maharashtra, India
Date of Birth/Age :	05.03.1946
Date of Appointment :	01.08.1993
	AAKPG8934H
Name :	Mr. Rakesh Dharampal Nayyar
Designation :	Secretary
Address :	A/602, Deepali St. Cyril Road, Bandra (West), Mumbai – 400050, Maharashtra, India
Date of Birth/Age :	24.02.1957
Date of Appointment :	22.11.1993
	AAAPN2539B

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 31.12.2011

Category of Shareholders	No. of Shares	Percentage of Holding
(A) Shareholding of Promoter and Promoter Group
(1) Indian
Bodies Corporate	58,712,000	60.63
Sub Total	58,712,000	60.63
(2) Foreign
Total shareholding of Promoter and Promoter Group (A)	58,712,000	60.63
(B) Public Shareholding
(1) Institutions
Mutual Funds / UTI	56,483	0.06
Financial Institutions / Banks	25,750	0.03
Foreign Institutional Investors	160,872	0.17
Sub Total	243,105	0.25
(2) Non-Institutions
Bodies Corporate	7,625,572	7.87
Individuals
Individual shareholders holding nominal share capital up to Rs.0.100 Million	15,557,798	16.07
Individual shareholders holding nominal share capital in excess of Rs.0.100 Million	12,770,286	13.19
Any Others (Specify)	1,929,852	1.99
Trusts	41,083	0.04
Non Resident Indians	1,848,647	1.91
Clearing Members	23,255	0.02
Foreign Corporate Bodies	16,867	0.02
Sub Total	37,883,508	39.12
Total Public shareholding (B)	38,126,613	39.37
Total (A)+(B)	96,838,613	100.00
(C) Shares held by Custodians and against which Depository Receipts have been issued	-	-
(1) Promoter and Promoter Group	-	-
(2) Public	-	-
Sub Total	-	-
Total (A)+(B)+(C)	96,838,613	-

BUSINESS DETAILS

Line of Business :

Manufactures of Styrene Monomer and Polystyrene.

Products :

Product Description	Item Code No.
Polystyrene	39031909
Expandable Polystrene	39031100

PRODUCTION STATUS AS ON 30.06.2011

Particulars	Unit	Registered Capacity	Installed Capacity*	Actual Production
Styrene		100000	-	-
Polystyrene		554000	272000	165962
Speciality Polystyrene		47000	25000	12887
Expandable Polystyrene		150000	27700	12753
XPS		5000	5000	8638 m3

Notes:

*As certified by the management and not verified by the auditors.

GENERAL INFORMATION

No. of Employees :

252 (Approximately)

Bankers :

• State Bank of India, Corporate Account Group Branch, Neville House, J N Heredia Marg, Mumbai – 400001, Maharashtra, India
• ABN-AMRO Bank N. V.
• AXIS Bank Limited
• Central Bank of India
• ICICI Bank Limited
• IDBI Bank Limited
• Indusind Bank Limited
• ING Vysya Bank Limited
• The Karur Vysya Bank Limited

Facilities :

Secured Loan	As on 30.06.2011 (Rs. in Millions)	As on 30.06.2010 (Rs. in Millions)
Rupee term loans banks secured	1407.242	1218.495
Foreign currency loans banks secured	35.399	125.621
Total	1442.641	1344.116

Notes:

1. Working capital facilities(including letters of credit ) from banks are secured by hypothecation of Company’s stocks and book debts and by a second paripassu charge by way of Equitable and Legal mortgages of the Company’s Immovable properties (including plant and machinery) situated at the Amdoshi plant site.

2. Rupee and Foreign Currency Term Loans from Banks are secured by a first charge by way of an equitable mortgage of the Company’s immovable properties (including Plant and Machinery) situated at the Amdoshi plant site except for :

i) Corporate Term Loan of Rs.450.000 Millions from State Bank of India,which is secured by an English mortgage;

ii) Term Loan of Rs.350.000 Millions from Axis Bank Limited and Term Loan of Rs.750.000 Millions from The Karur Vysya Bank Limited which are secured by simple mortgage and by hypothecation of movable assets (except book debts) subject to prior charge in favour of Company’s Bankers for working capital facilities except ECB borrowings of US $ 5 mio equivalent to Rs.215.000 Millions (balance outstanding as on 30-06-2011 Rs.20.318 Millions) from ICICI Bank (U.K.) Limited which is secured by first charge on the company’s movable assets.

Unsecured Loan	As on 30.06.2011 (Rs. in Millions)	As on 30.06.2010 (Rs. in Millions)
Fixed deposits unsecured	221.557	206.950
Total	221.557	206.950

Banking Relations :	--
Auditors :	Parikh and Shah Chartered Accountants
Address:	Mumbai, Maharashtra, India
PAN No.:	AAAFP1843M
Internal Auditors :	G.M. Kapadia and Company Chartered Accountants
Others :	The Supreme Industries Ltd. CIN No.: L35920MH1942PLC003554 R Raheja Investments Private Limited CIN No.: U67120MH1986PTC042025
Subsidiaries :	SPL Industrial Park Limited [wound up w.e.f. 14.03.2011] SPL Industrial Support Services Limited [wound up w.e.f. 23.04.2011]

CAPITAL STRUCTURE

As on 30.06.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
125000000	Equity Shares	Rs.10/- each	Rs.1250.000 Millions
25000000	Redeemable Cumulative Preference Shares	Rs.10/- each	Rs.250.000 Millions
	TOTAL		Rs.1500.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
96838613	Equity Shares	Rs.10/- each	Rs.968.386 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		30.06.2011	30.06.2010	30.06.2009
SHAREHOLDERS FUNDS
1] Share Capital		968.386	968.386	968.386
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		1958.455	1396.684	995.195
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		2926.841	2365.070	1963.581
LOAN FUNDS
1] Secured Loans		1442.641	1344.116	1261.352
2] Unsecured Loans		221.557	206.950	115.810
TOTAL BORROWING		1664.198	1551.066	1377.162
DEFERRED TAX LIABILITIES		409.664	434.929	455.514
TOTAL		5000.703	4351.065	3796.257
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		2379.622	2563.254	2508.911
Capital work-in-progress		1322.319	403.740	332.020
INVESTMENT		0.284	1.999	2.777
DEFERREX TAX ASSETS		0.000	0.000	0.000
Foreign Currency Monetary Item Translation Difference		0.023	1.265	12.303
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	2601.522	1414.529	1036.833
	Sundry Debtors	2195.106	2314.379	1529.527
	Cash & Bank Balances	422.042	357.670	189.722
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	953.461	794.840	718.604
Total Current Assets		6172.131	4881.418	3474.686
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	521.185	539.678	395.435
	Other Current Liabilities	3997.919	2669.886	1902.876
	Provisions	354.572	291.047	237.200
Total Current Liabilities		4873.676	3500.611	2535.511
Net Current Assets		1298.455	1380.807	939.175
MISCELLANEOUS EXPENSES		0.000	0.000	1.071
TOTAL		5000.703	4351.065	3796.257

PROFIT & LOSS ACCOUNT

	PARTICULARS		30.06.2011	30.06.2010	30.06.2009
	SALES
		Income	19434.948	16118.441	13949.639
		Other Income	41.135	27.093	29.748
		TOTAL (A)	19476.083	16145.534	13979.387
Less	EXPENSES
		Consumption materials changes inventories	16696.449	13888.210	13267.124
		Manufacturing service costs	305.899	259.442
		Employee related expenses	219.187	185.847
		Administrative selling other expenses	628.353	548.616
		TOTAL (B)	17849.888	14882.115	13267.124
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		1626.195	1263.419	712.263
Less	INTEREST (D)		138.018	163.191	180.120
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		1488.177	1100.228	532.143
Less/ Add	DEPRECIATION/ AMORTISATION (F)		203.679	198.388	182.086
	PROFIT BEFORE TAX (E-F) (G)		1284.498	901.840	350.057
Less	TAX (H)		407.469	296.061	156.699
	PROFIT AFTER TAX (G-H) (I)		877.029	605.779	193.358
Add	Prior Period Adjustments		(0.122)	(1.030)	(1.514)
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		386.055	194.566	216.019
Less	APPROPRIATIONS
	Transferred to General Reserve		500.000	200.000	100.000
	Proposed Dividend		315.136	174.310	96.839
	Corporate Dividend Tax thereon			28.950	16.458
	BALANCE CARRIED TO THE B/S		457.826	396.055	194.566
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	4162.849	3430.382	3653.231
	TOTAL EARNINGS		4162.849	3430.382	3653.231
	IMPORTS
		Raw Materials	11452.548	8707.450	11051.327
		Stores & Spares	18.383	6.787	6.329
		Capital Goods	86.445	0.000	3.765
	TOTAL IMPORTS		11557.376	8714.237	11061.421
	Earnings Per Share (Rs.)
	- Basic		9.06	6.24	1.96
	- Diluted		8.87	5.87	1.78

QUARTERLY RESULTS

PARTICULARS	30.09.2011 1^st Quarter	31.12.2011 2^nd Quarter
Audited / UnAudited	UnAudited	UnAudited
Net Sales	5473.830	4995.270
Total Expenditure	5153.490	5007.600
PBIDT (Excl OI)	320.340	(12.330)
Other Income	8.280	8.650
Operating Profit	328.620	(3.680)
Interest	43.970	54.000
Exceptional Items	0.000	0.000
PBDT	284.650	(57.680)
Depreciation	52.090	52.260
Profit Before Tax	232.560	(109.940)
Tax	74.000	(37.380)
Provisions and contingencies	0.000	0.000
Profit After Tax	158.560	(72.560)
Extraordinary Items	(0.010)	(0.010)
Prior Period Expenses	0.000	0.000
Other Adjustments	0.000	0.000
Net Profit	158.550	(72.570)

KEY RATIOS

PARTICULARS		30.06.2011	30.06.2010	30.06.2009
PAT / Total Income	(%)	4.50	3.75	1.38
Net Profit Margin (PBT/Sales)	(%)	6.61	5.60	2.51
Return on Total Assets (PBT/Total Assets}	(%)	15.02	12.11	5.85
Return on Investment (ROI) (PBT/Networth)		0.44	0.38	0.18
Debt Equity Ratio (Total Liability/Networth)		2.23	2.32	1.99
Current Ratio (Current Asset/Current Liability)		1.27	1.39	1.37

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	No
5) Type of Business	Yes
6) Line of Business	Yes
7) Promoter’s background	Yes
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	Yes
13) Reasons for variation <> 20%	--
14) Estimation for coming financial year	Yes
15) Capital in the business	Yes
16) Details of sister concerns	Yes
17) Major suppliers	No
18) Major customers	No
19) Payments terms	No
20) Export / Import details (if applicable)	No
21) Market information	--
22) Litigations that the firm / promoter	--
23) Banking Details	Yes
24) Banking facility details	Yes
25) Conduct of the banking account	--
26) Buyer visit details	--
27) Financials, if provided	Yes
28) Incorporation details, if applicable	Yes
29) Last accounts filed at ROC	Yes
30) Major Shareholders, if available	No

FINANCIAL RESULTS

The performance for the year was best so far. The return on net worth before and after tax increased to 43.89% and 29.97% respectively. Return on average capital employed increased to 30.02%. The Directors recommend a dividend of Rs.2.80 per equity share for the year 2010-2011.

REVIEW OF OPERATION

The domestic Polystyrene market grew by 15% during the year while the Company’s Polystyrene sales grew by 18.7% compared to the previous year. This growth was driven by growth in the market for refrigerators water purifiers and foamed disposable wares. Export volumes increased marginally by 8.6% due to geo-political events in the Middle East and North Africa. Net realisations however showed market improvement due to the policy of selective acceptance of orders giving high net back.

Speciality Polymers and Compounds business grew by 35% in the domestic market due to demand for compounds used in appliances and water purifiers. Additive master batch business doubled over the previous year on acquisition of new domestic and export customers.

Expandable Polystyrene (EPS) production at the Chennai Plant has been optimised. EPS sales grew by 34% over the previous year.

Extruded Polystyrene Insulation boards (XPS) production was further optimised in the year.

Bankers Charges Report as per Registry

Corporate identity number of the company	L23200MH1989PLC054633
Name of the company	SUPREME PETROCHEM LIMITED
Address of the registered office or of the principal place of business in India of the company	612, Raheja Chambers, Nariman Point, Mumbai – 400021, Maharashtra, India Email : RAVI_KUDDYADY@SPL.CO.IN
This form is for	Modification of charge
Charge identification (ID) number of the charge to be modified	10167911
Type of charge	Immovable Property
Particular of charge holder	State Bank of India, Corporate Account Group Branch, Neville House, J N Heredia Marg, Mumbai – 400001, Maharashtra, India Email : DGM.RMCAG@SBI.CO.IN
Nature of instrument creating charge	NO instrument was executed but an equitable mortgage by deposit of title deeds was created by the company on 16.12.2011, of the immovable properties situated at Manali Village, Ambattur Taluka, Thiruvallur district in the state of Tamilnadu in favour of State Bank of India
Date of instrument Creating the charge	16.12.2011
Amount secured by the charge	Rs.450.000 Millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of Interest 0.50% below SBAR, reset after every 2 years Terms of repayment Moratorium : One Year 16 quarterly installments of Rs.28.125 Millions per quarter Margin Nil Extent and Operation of the charge THE charge operates as further security for the corporate term loan of Rs. 450.000 Millions and shall rank first pari passu with the charges created/ to be created in favour of other term lenders
Short particulars of the property or asset(s) charged (including complete address and location of the property)	The borrowers land together with all buildings and structures thereon and plant and machinery attached to the Earth Location: Manali Village, Ambattur Taluka, Thiruvallur District, Tamilnadu, India
Particulars of the present modification	The Corporate Loan of Rs.450.000 Millions from State Bank of India secured by way of mortgage in english form on fixed assets in Amdoshi, Maharashtra is now further secured by an equitable mortgage on pari passu charge basis on fixed assets of the Company Situated at Manali Village, Ambattur Taluka, Thiruvallur District in the state of Tamilnadu, India

Contingent liabilities not provided for in respect of (As on 30.06.2011):

(i) Estimated value of contracts remaining to be executed on capital accounts and not provided for : Rs.117.962 Millions

ii) Letters of Credit opened by Bankers and outstanding at the year end. 1459.233 Millions

iii) Bills discounted but not matured. Rs.1188.163 Millions

iv) Counter guarantees given to Banks against Banks' guarantees to Customs/ Sales Tax Rs.27.588 Millions

v) Disputed Excise / Service Tax demand Rs.499.408 Millions

vi) Disputed Sales Tax demand Rs.9.956 Millions

vii) Disputed Income Tax liability (matters under appeal) Rs.71.666 Millions

viii) Other Claims Rs.7.131 Millions

FIXED ASSETS

• Land (Freehold)
• Buildings
• Plant and Machinery
• Office Equipments
• Computers
• Air Conditioner
• Vehicles
• Furniture and Fixtures

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

1] INFORMATION ON DESIGNATED PARTY

No records exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

2] Court Declaration :

No records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

6] Records on Int’l Anti-Money Laundering Laws/Standards :

Charges or investigation registered against subject: None

7] Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

8] Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

9] Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

CONTRAVENTION

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.51.28
UK Pound	1	Rs.81.38
Euro	1	Rs.67.01

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	6
--LEVERAGE	1~10	5
--RESERVES	1~10	5
--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	YES
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		49

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.