MIRA INFORM REPORT

Report Date :

18.04.2012

IDENTIFICATION DETAILS

Name :	DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED (w.e.f. 07.09.2010) DALMIA MAGNESITE CORP – A UNIT OF DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED
Formerly Known As :	DALMI CEMENT (BHARAT) LIMITED
Registered Office :	Dalmia Puram, Tiruchipalli Dist Tiruchirapalli - 621651, Tamil Nadu
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	01.11.1951
Com. Reg. No.:	18-000640
Capital Investment / Paid-up Capital :	Rs.161.880 Millions
CIN No.: [Company Identification No.]	L26942TN1951PLC000640
PAN No.: [Permanent Account No.]	AAACD2281K
Legal Form :	A Public Limited Liability company. The company’s Share are Listed on the Stock Exchange.
Line of Business :	Manufacturer, Exporter and Trader of Cement and Sugar
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (46)

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

Maximum Credit Limit :	USD 17000000
Status :	Satisfactory
Payment Behaviour :	Usually correct
Litigation :	Clear
Comments :	Subject is an old and a well established company having satisfactory track. There appear dip in the turnover and profitability of the company. 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

INFORMATION PARTED BY (GENERAL DETAILS)

Name :	Mr. Anil Sharma
Designation :	Account Department
Contact No.:	91-11-23310121
Date :	06.04.2012

LOCATIONS

Registered Office :	Dalmia Puram, Tiruchipalli Dist Tiruchirapalli - 621651, Tamil Nadu, India
Tel. No.:	91-4329-235222
Fax No.:	91-4329-235111
E-Mail :	kvmohan@dalmiacement.com
Website :	www.dalmiabharat.com
Head Office :	11^th 12^th Floors, Hasalaya Building 15, Barakhamba Road, new Delhi – 110001, India
Tel. No.:	91-11-4150121 / 23310121 /22 /23
Fax No.:	91-11-23313303
Factory 1 :	Village Kuiyan, Post Areli, Nigohi, (District) Shahjahanpur - 242407, Uttar Pradesh, India
Tel. No.:	91-5841-275538 / 40 / 41
Fax No.:	91-5841-275540
Factory 2 :	Ramgarh, District Sitapur – 261403, Uttar Pradesh, India
Tel. No.:	91-5865-236116
Fax No.:	91-5865-236004
Factory 3 :	Jawaharpur, P.O. Ramkot, District Sitapur – 261001, Uttar Pradesh, India
Tel. No.:	91-5862-258545 / 52
Fax No.:	91-5862-258545 / 258252
Branch Office :	Located at Salem Tirunelveli Villupuram Pondy Kozhikode Kollam Mysore
Regional Office:	Located at Chennai Coimbatore Madurai Trichy Kochi Trissur Bengaluru

DIRECTORS

As on 26.08.2011

Name :

Mr. Pradip Kumar Khaithan

Designation :

Director

Address :

B-103, Rai Enclave, 7/1A Sunny Park, Kolkata – 700019, West Bengal, India

Date of Birth/Age :

25.03.1941

Date of Appointment :

30.05.1996

DIN No.:

00004821

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	L26942OR1949PLC000185	OCL INDIA LIMITED	Director	15/01/1968	15/01/1968	-	Active	NO
2	L27310OR1955PLC000310	ELECTRO STEEL CASTINGS LTD	Director	25/08/1972	25/08/1972	-	Active	NO
3	L24131WB1948PLC095302	PILANI INVESTMENT AND INDUSTRIES CORPORATION LIMITED	Director	12/3/1984	12/3/1984	-	Active	NO
4	L34103WB1942PLC018967	HINDUSTAN MOTORS LTD	Director	21/12/1989	21/12/1989	-	Active	NO
5	L31901WB1978PLC031411	CESC LTD	Director	29/10/1992	29/10/1992	-	Active	NO
6	L26942TN1951PLC000640	DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED	Director	30/05/1996	30/05/1996	7/2/2011	Active	NO
7	L24111UR1983PLC009097	INDIA GLYCOLS LIMITED	Director	29/11/1996	29/11/1996	-	Active	NO
8	L51496WB1996PLC079932	SOUTH ASIAN PETROCHEM LIMITED	Director	5/9/1998	5/9/1998	30/06/2010	Amalgamated	NO
9	U70100WB1946GAP014545	WOODLANDS MEDICAL CENTRE LIMITED	Director	31/07/2001	31/07/2001	14/01/2011	Amalgamated	NO
10	L10101WB1974PLC094602	GRAPHITE INDIA LIMITED	Director	8/6/2002	8/6/2002	-	Active	NO
11	L74999AP1991PLC013391	LANCO INDUSTRIES LIMITED	Director	8/4/2004	8/4/2004	29/01/2009	Active	NO
12	L40100GJ1995PLC025447	SUZLON ENERGY LIMITED	Director	25/08/2004	25/08/2004	28/04/2011	Active	NO
13	L51109OR1996PLC004601	VISA STEEL LIMITED	Director	6/10/2004	6/10/2004	-	Active	NO
14	L51909WB1935PLC008194	GILLANDERS ARBUTHNOT AND COMPANY LIMITED	Director	26/04/2006	26/04/2006	-	Active	NO
15	U45201DL2005PLC133161	EMAAR MGF LAND LIMITED	Director	24/09/2007	19/09/2007	23/04/2011	Active	NO
16	L22210MH1987PLC044505	TCPL PACKAGING LIMITED	Director	21/09/2010	27/05/2010	-	Active	NO
17	L15492WB1916PLC002697	DHUNSERI PETROCHEM AND TEA LIMITED	Director	4/9/2010	3/7/2010	-	Active	NO
18	U85110WB2009PLC140464	WOODLANDS MULTISPECIALITY HOSPITAL LIMITED	Director	25/08/2011	13/01/2011	-	Active	NO

Name :

Mr. Muthuswamy Raghupathy

Designation :

Director

Address :

F-109, Anna Nagar, (East), Chennai – 600102, Tamil Nadu, India

Date of Birth/Age :

18.04.1937

Date of Appointment :

05.11.1997

DIN No.:

00012997

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	L26942TN1951PLC000640	DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED	Director	5/11/1997	5/11/1997	-	Active	NO
2	L35999TN1962PLC004943	SUNDRAM FASTENERS LIMITED	Director	20/08/2008	6/6/2008	-	Active	NO

Name :

Mr. Jajdish Sharan Baijal

Designation :

Director

Address :

224, Sector – 15A, Gautam Budh BNagar, Noida – 201301, Uttar Pradesh, India

Date of Birth/Age :

06.06.1931

Date of Appointment :

31.05.1999

DIN No.:

00049565

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	L52110DL1984PLC019375	DENSO INDIA LIMITED	Director	28/06/1993	28/06/1993	-	Active	NO
2	L17299GJ1993PLC032905	POLYLINK POLYMERS (INDIA) LIMITED	Director	29/04/1995	29/04/1995	-	Active	NO
3	L26942TN1951PLC000640	DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED	Director	31/05/1999	31/05/1999	-	Active	NO
4	U26942ML2006PLC008236	DALMIA CEMENT (MEGHALAYA) LIMITED	Director	15/09/2007	18/05/2007	-	Amalgamated	NO

Name :

Mr. Mridu Hari Dalmia

Designation :

Director

Address :

20 F Prithviraj Road, New Delhi – 110011, India

Date of Birth/Age :

08.07.1941

Date of Appointment :

26.07.2005

DIN No.:

00009529

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	L29299OR1948PLC000713	HARI MACHINES LIMITED.	Director	24/12/1971	24/12/1971	5/4/2010	Active	NO
2	U74899DL1980PTC010770	ARTECH INFOSYSTEMS PRIVATE LIMITED	Director	22/09/1992	22/09/1992	17/03/2010	Active	NO
3	U74899DL1994PLC057651	FIRST CAPITAL INDIA LIMITED	Director	2/3/1994	2/3/1994	-	Active	NO
4	U72200DL2004PTC130887	ARTECH STEEL INDUSTRIES PRIVATE LIMITED	Director	1/12/2004	1/12/2004	21/07/2008	Active	NO
5	L26942TN1951PLC000640	DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED	Director	26/07/2005	26/07/2005	30/11/2011	Active	NO
6	L21010GJ1960PLC018099	JK PAPER LIMITED	Director	3/8/2009	14/05/2009	-	Active	NO

Name :

Mr. Donald Macinnes Peck

Designation :

Director

Address :

Flat no. 314 B, Dean Ryle Street, London Sw1p4ad, United Kingdom

Date of Birth/Age :

18.05.1952

Date of Appointment :

26.07.2006

DIN No.:

00140734

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	U67190DL1998PTC092947	ACTIS ADVISERS PRIVATE LIMITED	Managing director	26/03/1998	26/03/1998	12/7/2010	Active	NO
2	U99999DL2000PLC103782	CICO TECHNOLOGIES LIMITED	Director	2/6/2000	2/6/2000	3/5/2010	Active	NO
3	U72200WB2000PLC092703	ALUMNUS SOFTWARE LIMITED	Director	28/06/2001	28/06/2001	5/9/2011	Active	NO
4	L50101PB1983PLC005516	SML ISUZU LIMITED	Director	29/05/2004	29/05/2004	7/1/2009	Active	NO
5	L50210PB1985PLC006473	SWARAJ ENGINES LIMITED	Nominee director	29/05/2004	29/05/2004	6/7/2007	Active	NO
6	L65191TN1997PLC037415	INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED	Director	28/06/2010	27/04/2005	-	Active	NO
7	U34103MP2005PLC017319	AVTEC LIMITED	Nominee director	28/06/2005	28/06/2005	14/01/2009	Active	NO
8	L29211PB1970PLC002942	PUNJAB TRACTORS LIMITED	Nominee director	31/01/2006	31/01/2006	6/7/2007	Amalgamated	NO
9	L26942TN1951PLC000640	DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED	Director	26/06/2007	26/07/2006	7/11/2011	Active	NO
10	L31500UP1991PLC012944	HALONIX LIMITED	Director	30/07/2007	25/09/2006	21/05/2009	Active	NO
11	U85110KA1970PTC001942	THE NILGIRI DAIRY FARM PRIVATE LIMITED	Nominee director	12/10/2006	12/10/2006	30/06/2008	Active	NO
12	U65923KA2006PTC040028	JANALAKSHMI FINANCIAL SERVICES PRIVATE LIMITED	Director	15/05/2008	15/05/2008	13/06/2011	Active	NO
13	U74899DL1996PLC081127	BHARTIYA SAMRUDDHI FINANCE LIMITED	Nominee director	25/07/2009	31/03/2009	4/2/2012	Active	NO
14	U74120KA2008PTC046330	RURALSHORES BUSINESS SERVICES PRIVATE LIMITED	Director	18/09/2010	18/02/2010	-	Active	NO
15	L40109TN2006PLC058818	DALMIA BHARAT ENTERPRISES LIMITED	Director	26/08/2011	1/10/2010	-	Active	NO

Name :

Mr. Yadu Hari Dalmia

Designation :

Director

Address :

18, Golf Links, New Delhi – 110003, India

Date of Birth/Age :

02.06.1947

Date of Appointment :

16.01.2007

DIN No.:

00009800

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	U74899DL1972PTC006238	RAMA INVESTMENT COMPANY PRIVATE LIMITED	Director	5/8/1972	5/8/1972	-	Active	NO
2	U74899DL1974PTC007151	PUNEET TRADING AND INVESTMENT COMPANY PRIVATE LIMITED	Director	22/03/1974	22/03/1974	-	Active	NO
3	U65993DL1982PLC182919	MAYUKA INVESTMENT LIMITED	Director	7/9/1992	7/9/1992	-	Active	NO
4	L26942OR1949PLC000185	OCL INDIA LIMITED	Director	17/05/2005	17/05/2005	14/05/2008	Active	NO
5	L26942TN1951PLC000640	DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED	Managing director	16/01/2007	16/01/2007	-	Active	NO
6	U65191TN1996PLC035963	Dalmia Cement (Bharat) Limited	Director	8/8/2011	9/2/2011	-	Active	NO
7	L40109TN2006PLC058818	DALMIA BHARAT ENTERPRISES LIMITED	Managing director	11/2/2011	11/2/2011	-	Active	NO

Name :

Mr. Puneet Dalmia

Designation :

Managing Director

Address :

18, Golf Links, New Delhi – 110003, India

Date of Birth/Age :

15.10.1972

Date of Appointment :

16.01.2007

DIN No.:

00022633

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	U29191TN1992PTC022512	DALMIA ELECTRODYN TECHNOLOGIES PRIVATE LIMITED	Director	20/04/1992	20/04/1992	24/08/2011	Active	NO
2	U74899DL1974PTC007151	PUNEET TRADING AND INVESTMENT COMPANY PRIVATE LIMITED	Director	27/07/1998	27/07/1998	-	Active	NO
3	U72900DL1999PLC100440	ZIPAHEAD.COM LIMITED.	Director	29/06/1999	29/06/1999	-	Active	NO
4	U74899DL1972PTC006238	RAMA INVESTMENT CO PRIVATE LIMITED	Director	23/08/1999	23/08/1999	-	Active	NO
5	U65993WB1983PLC035766	ANKITA PRATISTHAN LIMITED	Director	11/5/2001	11/5/2001	-	Active	NO
6	U74899DL2000PTC103127	NETCARROTS COM PRIVATE LIMITED	Director	1/11/2002	1/11/2002	31/08/2007	Active	NO
7	U67190MH2004PLC150329	KSHITIJ INVESTMENT ADVISORY COMPANY LIMITED	Director	23/02/2005	23/02/2005	6/12/2007	Active	NO
8	L26942TN1951PLC000640	DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED	Managing director	16/01/2007	16/01/2007	-	Active	NO
9	U10300DL2007PLC171250	DALMIA CEMENT VENTURES LIMITED	Director	25/09/2008	19/02/2008	-	Active	NO
10	L26942OR1949PLC000185	OCL INDIA LIMITED	Director	22/09/2008	15/05/2008	-	Active	NO
11	U65191TN1996PLC035963	DALMIA CEMENT (BHARAT) LIMITED	Managing director	9/2/2011	9/2/2011	-	Active	NO
12	L40109TN2006PLC058818	DALMIA BHARAT ENTERPRISES LIMITED	Director	26/08/2011	11/2/2011	-	Active	NO
13	U65991TN2007PLC064133	TVS CAPITAL FUNDS LIMITED	Director	27/09/2011	15/02/2011	-	Active	NO
14	U67100DL2011PLC214079	NEW HABITAT HOUSING FINANCE AND DEVELOPMENT LIMITED	Additional director	11/3/2011	11/3/2011	-	Active	NO

Name :

Mr. Gautam Dalmia

Designation :

Managing Director

Address :

1, Tees January Marg, New Delhi – 110011, India

Date of Birth/Age :

14.01.1968

Date of Appointment :

16.01.2007

DIN No.:

00009758

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	U74899DL1974PTC007157	KAVITA TRADING AND INVESTMENT COMPANY PRIVATE LIMITED	Director	21/10/1995	21/10/1995	-	Active	NO
2	U45203DL1994PLC116832	ISHITA PROPERTIES LIMITED	Director	16/12/1998	16/12/1998	1/2/2010	Active	NO
3	U85110MH1998PLC226134	INDUS-LEAGUE CLOTHING LIMITED	Director	17/04/1999	17/04/1999	21/11/2011	Active	NO
4	U74899DL1972PTC006238	RAMA INVESTMENT CO PRIVATE LTD	Director	18/08/1999	18/08/1999	-	Active	NO
5	U65993DL1974PLC007130	SITA INVESTMENT COMPANY LIMITED	Director	28/10/2000	28/10/2000	-	Active	NO
6	L67120WB1980PLC032522	KANODIA COMMERCIAL LIMITED	Director	16/05/2001	16/05/2001	-	Amalgamated	NO
7	U72200TN2002PTC049583	MOBIUS KNOWLEDGE SERVICES PRIVATE LIMITED	Director	28/09/2007	12/12/2006	-	Active	NO
8	L26942TN1951PLC000640	DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED	Managing director	16/01/2007	16/01/2007	-	Active	NO
9	U10300DL2007PLC171250	DALMIA CEMENT VENTURES LIMITED	Director	25/09/2008	19/02/2008	-	Active	NO
10	U65191TN1996PLC035963	DALMIA CEMENT (BHARAT) LIMITED	Managing director	9/2/2011	9/2/2011	-	Active	NO
11	L40109TN2006PLC058818	DALMIA BHARAT ENTERPRISES LIMITED	Director	26/08/2011	11/2/2011	-	Active	NO

Name :

Mr. Jai Hari Dalmia

Designation :

Managing Director

Address :

1, Tees January Marg, New Delhi – 110011, India

Date of Birth/Age :

18.09.1944

Date of Appointment :

01.04.2007

DIN No.:

00009717

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	U74899DL1974PTC007157	KAVITA TRADING AND INVESTMENT COMPANY PRIVATE LIMITED	Director	22/03/1974	22/03/1974	-	Active	NO
2	L74899DL1944PLC000759	ALIROX ABRASIVES LIMITED	Director	14/05/1978	14/05/1978	-	Active	NO
3	U65993DL1982PLC182919	MAYUKA INVESTMENT LIMITED	Director	7/9/1992	7/9/1992	-	Active	NO
4	U65993DL1974PLC007130	SITA INVESTMENT COMPANY LIMITED	Director	8/10/1992	8/10/1992	-	Active	NO
5	U74899DL1972PTC006238	RAMA INVESTMENT CO PRIVATE LIMITED	Director	30/09/1997	30/09/1997	-	Active	NO
6	L26942TN1951PLC000640	DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED	Managing director	1/4/2012	1/4/2007	-	Active	NO
7	U10300DL2007PLC171250	DALMIA CEMENT VENTURES LIMITED	Additional director	20/10/2009	20/10/2009	24/05/2010	Active	NO
8	U24233DL2007PLC166943	DALMIA SUGAR VENTURES LIMITED	Director	30/08/2010	27/10/2009	-	Active	NO
9	U65191TN1996PLC035963	DALMIA CEMENT (BHARAT) LIMITED	Director	8/8/2011	15/11/2010	-	Active	NO
10	L40109TN2006PLC058818	DALMIA BHARAT ENTERPRISES LIMITED	Managing director	1/4/2011	11/2/2011	-	Active	NO

Name :

Mr. Nagarajan Gopalaswamy

Designation :

Director

Address :

Flat No. C-1, 5A, Ramachandrapuram, Tiruchirapalli – 620017, Tamil Nadu, India

Date of Birth/Age :

06.02.1932

Date of Appointment :

01.08.2007

DIN No.:

00017659

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	L26942TN1951PLC000640	DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED	Director	25/07/2008	1/8/1989	15/12/2011	Active	NO
2	L24117RJ1991PLC006307	PODDAR PIGMENTS LIMITED	Director	1/7/1994	1/7/1994	-	Active	NO
3	L24297TN1973PLC006372	SHRI NATARAJ CERAMIC AND CHEMICAL INDUSTRIES LIMITED	Director	30/04/1999	30/04/1999	-	Active	NO
4	U14107TN2006PLC058816	SRI SUBRAMANYA MINES AND MINERALS LIMITED	Director	10/2/2006	10/2/2006	-	Active	NO
5	U14107TN2006PLC058820	SRI SWAMINATHA MINES AND MINERALS LIMITTED	Director	10/2/2006	10/2/2006	-	Active	NO
6	U14107TN2006PLC058817	SRI SHANMUGHA MINES AND MINERALS LIMITED	Director	10/2/2006	10/2/2006	-	Active	NO
7	U40109TN2006PLC058819	DCB POWER VENTURES LIMITED	Director	10/2/2006	10/2/2006	-	Active	NO
8	L40109TN2006PLC058818	DALMIA BHARAT ENTERPRISES LIMITED	Director	10/2/2006	10/2/2006	-	Active	NO
9	U65993TN1987PLC014964	INTEGRATED ENTERPRISES (INDIA) LIMITED	Director	24/04/2009	24/04/2009	-	Active	NO
10	U65191TN1996PLC035963	DALMIA CEMENT (BHARAT) LIMITED	Director	8/8/2011	9/2/2011	-	Active	NO

Name :

Mt. Venkatesan Thyagarajan

Designation :

Whole – Time Director

Address :

5, Krishna Kutira, 11/4 Harington Road, Chetpet, Chennai – 600031, Tamil Nadu, India

Date of Birth/Age :

04.10.1952

Date of Appointment :

01.11.2007

DIN No.:

00124050

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	U31300TN2001PLC069645	VEDANTA ALUMINIUM LIMITED	Director	7/2/2006	7/2/2006	19/12/2006	Active	NO
2	L26942TN1951PLC000640	DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED	Director	29/10/2010	1/11/2007	-	Active	NO
3	U40109TN2006PLC058819	DCB POWER VENTURES LIMITED	Director	25/08/2011	1/9/2010	-	Active	NO
4	U65191TN1996PLC035963	DALMIA CEMENT (BHARAT) LIMITED	Managing director	8/8/2011	1/9/2010	-	Active	NO

Name :

Mr. Ghyanendra Nath Bajpai

Designation :

Director

Address :

131, Shaan Apartments, K.D. Marg, Prabhadevi, Mumbai – 400028, Maharashtra, India

Date of Birth/Age :

16.07.1942

Date of Appointment :

22.05.2008

DIN No.:

00946138

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	U32202DL1986PTC024575	INFOMERICS VALUATION AND RATING PRIVATE LIMITED	Director	17/03/2005	17/03/2005	-	Active	NO
2	U74999MH2003PTC139774	INVENT ASSETS SECURITISATION AND RECONSTRUCTION PRIVATE LIMITED	Director	26/05/2005	26/05/2005	-	Active	NO
3	U74100MH2005PTC154587	INTUIT CONSULTING PRIVATE LIMITED	Director	7/7/2005	7/7/2005	-	Active	NO
4	U72200MH2005PTC153209	EPITOME GLOBAL SERVICES PRIVATE LIMITED	Director	23/12/2005	23/12/2005	18/09/2008	Active	NO
5	U66010MH2006PLC165288	FUTURE GENERALI INDIA LIFE INSURANCE COMPANY LIMITED	Director	23/11/2007	16/03/2007	-	Active	NO
6	U66030MH2006PLC165287	Future Generali India Insurance Company Limited	Director	23/11/2007	16/03/2007	-	Active	NO
7	L17120MH1984PLC033553	MANDHANA INDUSTRIES LIMITED	Director	16/05/2007	16/05/2007	-	Active	NO
8	U74899DL2001NPL109345	INTERNATIONAL DEVELOPMENT ENTERPRISES (INDIA)	Director	25/06/2007	25/06/2007	-	Active	NO
9	U45201DL2005PLC133161	EMAAR MGF LAND LIMITED	Director	24/09/2007	19/09/2007	-	Active	NO
10	L65191KL1927PLC000307	DHANLAXMI BANK LIMITED	Director	7/5/2008	26/09/2007	-	Active	NO
11	L29120MH2005PLC156795	FUTURE CAPITAL HOLDINGS LIMITED	Director	14/08/2008	27/09/2007	-	Active	NO
12	U72900MH2002PTC134544	APNAPAISA PRIVATE LIMITED	Director	24/07/2008	22/10/2007	-	Active	NO
13	L07010KA2004PLC033412	NITESH ESTATES LIMITED	Director	30/09/2008	29/11/2007	-	Active	NO
14	U67190MH2005PLC157444	FUTURE CAPITAL INVESTMENT ADVISORS LIMITED	Director	31/07/2008	4/1/2008	25/05/2010	Active	NO
15	U67190MH2004PLC150329	KSHITIJ INVESTMENT ADVISORY COMPANY LIMITED	Director	21/07/2008	4/1/2008	25/05/2010	Active	NO
16	L67120MH1996PLC192090	FUTURE VENTURES INDIA LIMITED	Director	30/09/2008	20/02/2008	-	Active	NO
17	U67190MH2005PTC155404	INVENT ARC PRIVATE LIMITED	Director	24/09/2008	16/05/2008	-	Active	NO
18	L26942TN1951PLC000640	DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED	Director	25/07/2008	22/05/2008	2/2/2011	Active	NO
19	L85110KA1995PLC018045	Kingfisher Airlines Limited	Director	26/12/2008	15/10/2008	9/1/2012	Active	NO
20	U74899DL2000PLC103606	SHRIRAM NEW HORIZONS LIMITED	Director	30/09/2010	23/10/2009	-	Active	NO

Name :

Mr. Asanka Edirimuni Haren Rodrigo

Designation :

Director

Address :

4202, 42, Flr Planet Godrej Tower, 2 (Aqua), Smcompound KK Marg, Jacob Circle, Saat Rasta, Mahalaxmi, Mumbai – 400011, Maharashtra, India

Date of Birth/Age :

12.09.1971

Date of Appointment :

18.03.2010

DIN No.:

03010463

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	L26942TN1951PLC000640	DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED	Alternate director	18/03/2010	18/03/2010	1/6/2011	Active	NO
2	U65191TN1996PLC035963	DALMIA CEMENT (BHARAT) LIMITED	Director	8/8/2011	20/05/2011	-	Active	NO
3	L40109TN2006PLC058818	DALMIA BHARAT ENTERPRISES LIMITED	Alternate director	26/05/2011	26/05/2011	7/11/2011	Active	NO
4	U34102MH1999PTC123296	ENDURANCE TECHNOLOGIES PRIVATE LIMITED (CN)	Nominee director	22/12/2011	22/12/2011	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Kalambur Veerararaghavan Mohan
Designation :	Secretary
Address :	C-73, Sector – 27, Gautam Budh Nagar, Noida – 201301, Uttar Pradesh, India
Date of Birth/Age :	29.01.1951
Date of Appointment :	26.08.1992
PAN No. :	AAEPM6938P
Name :	Mr. Anil Sharma
Designation :	Account Department

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 26.08.2011

Names of Shareholders	No. of Shares
Grace Sequeira	705
Nripendra Nath Guha Roy	227
Rukmani Devi	210
Premchand	680
Ganpat Rai Gupta	130
Idanmal Jhamatmal	25
R.Chenchuramiah Chetty	227
Motiram Naraindas Nichani	25
Manjula Vyas	360
Munilal Monga	105
Allo Bomanshaw Katgara	227
Har Bhagwan Tendon	945
R.A.Jagtap	1330
H.Bhima Rao	330
Surendra Nath Paul	450
Jallandhari Ram	185
Pulin Krishna De	1865
Bhawanishankar Harishankar Dave	10
Husena Shaikhdam Moochhalla	65
Saraswati Devi Tandon	37630
Jotish Chandra Chatterjee	1865
Mohar Singh Jain	50
Lakshmi Chand Suchdeva	185
Rajaram Ramchandra Morey	240
D.B.Pandit	665

As on 26.08.2011

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Government (Central and State)	0.16
Public financial companies	1.98
Nationalised or other banks	0.10
Foreign holdings( Foreign institutional investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s) or Overseas Corporate bodies or Others	17.35
Bodies corporate	57.99
Directors or relatives of Directors	6.90
Other top fifty shareholders	5.52
Others	10.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer, Exporter and Trader of Cement and Sugar

Products :

Product Description	ITC Code
Sugar	170111
Power	400.2

Exports :

Products :

Cement and Sugar

Countries :

Asian Countries

Terms :

Selling :

Cash / Credit (30 Days)

Purchasing :

Cash / Credit (30 Days)

PRODUCTION STATUS (As on 31.03.2011)

Particulars	Unit	* Installed Capacity	Actual Production
Refractory products	(‘000 Tonnes)	79.50	21.12
Sugar	(‘000 Tonnes)	22.50	204.56
Multilayer Ceramic Chip Capacitors	(Lakh Nos.)	1200.00	55.56
Chip Resistors	(Lakh Nos.)	1000.00	0.30
Power	( Million Units)	79.00	308.86
Industrial Alcohol	(‘000 KL)	80.00	--

*As certified by the management

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

• Punjab National Bank,74, Janpath, New Delhi - 110001, Delhi, India
• Axis Bank Limited
• Bank of Baroda
• Bank of India
• BNP Paribas
• Canara Bank
• Central Bank of India
• Corporation Bank
• DBS Bank Limited
• HDFC Bank Limited
• The Hongkong and Shanghai Banking Corporation Limited
• ICICI Bank Limited
• IDBI Bank Limited
• India Bank Limited
• Landesbank Baden – Wurttemberg
• The Lakshmi Vilas Bank Limited
• Oriental Bank of Commerce
• Punjab National Bank
• State Bank of India
• State of of Mysore
• State Bank of Patiala
• Sate Banko0f Travancore
• Union Bank of India
• United Bank of India
• Vijay Bank
• Yes Bank Limited
• Avadh Gramin Bank
• Zila Sahakari Bank Limited
• Luckoe Kshetriya Gramin Bank

Facilities :

(Rs. In Millions)

Secured Loan	As on 31.03.2011	As on 31.03.2010
Non-convertible debentures secured	(A)1000.000	3933.330
Rupee term loans secured	(B)3031.120	21282.770
Working capital loans others secured	(C) 506.810	2185.910
Total	4537.930	27402.010
(A) 1) Debentures referred to in A above to the extent of: i) Series IXB Rs. Nil (Rs.133.33 million) are secured by a first pari-passu charge on the movable and immovable properties of Cement unit at Dalmiapuram, Magnesite unit and Jamnagar property and redeemable on 27th August 2010. ii) Series XA and XB Rs. Nil (Rs.800.00 million) are secured by a first pari-passu charge on whole of the movable and immovable properties (except book debts) of Cement unit at Dalmiapuram, Magnesite unit and Jamnagar property and redeemable in three yearly instalments in the ratio of 30:30:40 commencing from 17th December 2012. iii) Series XI Rs. Nil (Rs.500.00 million) are secured by a first pari-passu charge on all the movable and immovable properties of Cement unit at Dalmiapuram and Magnesite unit (except stock and book debts) and Jamnagar property and redeemable in three yearly instalments in the ratio of 30:30:40 commencing from 15th May 2013. iv) Series XI A Rs. Nil (Rs.500.00 million) are secured by a first pari-passu charge on all the movable and immovable properties of Cement Unit at Dalmiapuram and Magnesite unit (except stock and book debts) and Jamnagar property and redeemable in three yearly instalments in the ratio of 30:30:40 commencing from 15th October 2013. v) Series XII Rs.1000.00 million (Rs.1000.00 million) are secured by mortgage and charge on first pari-passu basis on all the immovable and movable assets excluding current assets both present and future of the Company's Sugar unit at Jawaharpur and Nigohi and redeemable in three yearly equal instalments commencing from 30th September 2014. vi) Series XIII Rs. Nil (Rs.1000.00 million) are secured by a first pari-passu charge on the Immovable properties of Cement unit at Dalmiapuram and Jamnagar property and redeemable in three yearly equal instalments commencing from 8th May 2014. (B) 2) Term Loans from Banks referred to in B (i) above to the extent of i) Rs. Nil (Rs10410.00 million) are secured by exclusive first charge on land and building and hypothecation of all the fixed assets of Cement units at Cuddapah and Ariyalur excluding assets charged to working capital lenders and Vertical roller mills and other machineries and equipments for projects at Cuddapah and Ariyalur acquired under foreign currency loan. ii) Rs. Nil (Rs.2000.00 million) are secured by first pari passu charge on land and building and hypothecation of plant and machinery of sugar and co-generation units at Jawaharpur and Nigohi, distillery at Jawaharpur and co-generation unit at Ramgarh. iii) Rs. Nil (Rs.700.98 million) are secured by way of exclusive charge on Vertical roller mills and other machineries and equipments for projects at Cuddapah and Ariyalur acquired through this loan. The Loan has been availed in foreign currency. iv) Rs141.20 million (Rs.295.26 million) is secured by residual charge on the movable and immovable fixed assets of the Sugar units. v) Rs. Nil (Rs.0.10 million) is secured by hypothecation of vehicles. vi) Rs Nil (Rs.2,000 million) is secured by subsequent and subservient charge on movable fixed assets of all cement units of the company. vii) Rs. Nil (Rs.1500 million) is secured by a subservient charge on the assets of Cement division. viii) Rs.2,000.00 million (Rs.2,000.00 million) is secured by subservient charge on entire fixed assets excluding vehicles of Sugar units at Jawaharpur and Nigohi and subservient charge on Plant and Machinery at Ramgarh Sugar Unit. 3) Term Loan from others referred to in B (ii) above to the extent of: i) Rs 889.92 million (Rs. 883.81 million) are secured by second exclusive charge on movable and immovable properties of the sugar unit at Ramgarh, Jawaharpur and Nigohi. ii) Rs. - (Rs. 1,492.62 million) are secured by a first pari-passu charge on the movable and immovable properties of Cement unit at Dalmiapuram. (C) 4) Working capital loans: i) Includes external commercial borrowing amounting Rs. NIL (Rs. 1,893.50 million) which is secured by SBLC issued by working capital lenders. ii) Balance loans amounting Rs.506.81 million (Rs.292.41 million) are secured by hypothecation of inventories and other assets in favour of the participating Banks ranking pari-passu on inter-se-basis.
Unsecured Loan	As on 31.03.2011	As on 31.03.2010
Fixed deposits unsecured	(A)0.000	302.060
Other debt unsecured	(B)2050.000	(C)797.240
Interest accrued due other debt unsecured	0.000	2.840
Total	2050.000	1102.140

Banking Relations :	--
Auditors :
Name :	S.S Kothari Mehta and Company. Chartered Accountants
Address :	146-149 Tribhuvan Complex, Ishwar Nagar Mathura Road, New Delhi – 110065, India
PAN.:	AABFS6730L
Group Company :	Kanika Investment Limited
Subsidiaries :	Himshikhar Investment Limited Dalmia Solar Power Limited Dalmia Sugar Ventures Limited Avnija Properties Limited
Associate of the Company :	OCL India Limited (upto March 31, 2010)
Joint Venture :	KhappaCoal Company Private Limited (upto March 31, 2010)
Enterprises controlled by the Key Management Personnel of the Company	Rama Investment Company Private Limited Puneet Trading and Investment Company Private Limited Kavita Trading and Investment Company Private Limited Sita Investment Company Limited Mayuka Investment Limited Ankita Pratisthan Limited Himgiri Commercial Limited Valley Agro Industries Limited Shri Nataraj Ceramic and Chemical Industries Limited Shri Chamundeswari Minerals Limited Shree Nirman Limited Keshav Power Private Limited Avanee and Ashni Securities Private Limited ZipAhead.Com Limited Alirox Abrasives Limited Sukeshi Trust Vaidehi Trust Sumana Trust Shrutipriya Dalmia Trust Priyang Trust Avanee Trust New Habitat Housing Finance and Development Limited Dalmia Bharat Enterprises Limited Dalmia Power Limited Kanika Investment Limited Arjuna Brokers and Minerals Limited Dalmia Cement Ventures Limited D.I. Properties Limited Dalmia Minerals and Properties Limited Geetee Estates Limited Hemshila Properties Limited Ishita Properties Limited Shri Radha Krishna Brokers and Holdings Limited Shri Rangam Properties Limited Sri Dhandauthapani Mines and Minerals Limited Sri Madhusudana Mines and Properties Limited Sri Shanmugha Mines and Minerals Limited Sri Subramanya Mines and Minerals Limited Sri Swaminatha Mines and Minerals Limited Sri Trivikrama Mines and Properties Limited Golden Hills Resort Private Limited Rajputana Properties Private Limited Cosmos Cements Limited Sutnga Mines Private Limited DCB Power Ventures Limited OCL India Limited Dalmia Cement (Bharat) Limited

CAPITAL STRUCTURE

As on 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
114726820	Equity Shares	Rs.2/- each	Rs.229.454 Millions
85273180	Preference Shares	Rs.2/-each	Rs.170.546 Millions
	Total		Rs.400.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
80939303	Equity Shares	Rs.2/- each	Rs.161.879 Millions

Note:

Of the above: (i) 66,51,410 (66,51,410) Shares were allotted as fully paid-up pursuant to arrangements/scheme of conversion, without payments being received in cash; and (ii) 2,76,31,245 (2,76,31,245) Shares were allotted as fully paid-up by way of Bonus Shares by capitalisation of Reserves.

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011	31.03.2010	31.03.2009
SHAREHOLDERS FUNDS
1] Share Capital		161.880	161.880	161.879
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		4232.820	13614.500	12520.138
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		4394.700	13776.380	12682.017
LOAN FUNDS
1] Secured Loans		4537.930	27402.010	19019.754
2] Unsecured Loans		2050.000	1102.140	4362.878
TOTAL BORROWING		6587.930	28504.150	23382.632
DEFERRED TAX LIABILITIES		767.800	2891.140	2287.003
TOTAL		11750.430	45171.670	38351.652
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		5959.480	25841.690	19691.235
Capital work-in-progress		75.600	2475.790	6974.687
INVESTMENT		386.510	8009.790	6675.414
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	4932.360	7067.000	5309.087
	Sundry Debtors	204.77	2138.200	2140.458
	Cash & Bank Balances	548.720	2108.490	547.221
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	1145.030	2392.090	3411.525
Total Current Assets		6830.880	13705.780	11408.291
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	1092.240	3908.960	5598.240
	Other Current Liabilities	360.720	806.070	549.154
	Provisions	49.080	146.350	250.581
Total Current Liabilities		1502.040	4861.380	6397.975
Net Current Assets		5328.840	8844.400	5010.316
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		11750.430	45171.670	38351.652

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income	6668.060	21542.570	17535.800
		Other Income	226.240	508.110	(108.050)
		TOTAL (A)	6894.300	22050.680	17427.750
Less	EXPENSES
		Consumption materials changes inventories	4583.600	6025.390
		Manufacturing service costs	354.470	4371.550	12486.540
		Employee related expenses	390.330	1142.200
		Administrative selling other expenses	687.360	5395.010
		TOTAL (B)	6015.760	16934.150	12486.540
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		878.540	5116.530	4941.210
Less	FINANCIAL EXPENSES (D)		480.780	1755.900	1469.540
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		397.760	3360.630	3471.670
Less/ Add	DEPRECIATION/ AMORTISATION (F)		394.140	1319.800	872.300
	PROFIT BEFORE TAX (E-F) (G)		3.620	2040.830	2899.370
Less	TAX (H)		(27.340)	670.960	1013.140
	PROFIT AFTER TAX (G-H) (I)		30.960	1369.870	1586.230
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		4045.880	7215.620	6117.660
Less	APPROPRIATIONS		55.57	518.250	612.270
	BALANCE CARRIED TO THE B/S		4021.270	8067.240	7090.620
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	18.770	124.650	52.840
	TOTAL EARNINGS		18.770	124.650	52.840
	IMPORTS
		Raw Materials	88.170	1548.190	562.810
		Components & spare parts, coal etc.	79.300	1576.050	2852.890
		Capital Goods	0.000	360.000	1168.220
	TOTAL IMPORTS		167.470	3484.240	4583.920
	Earnings Per Share (Rs.)		0.38	16.92	19.61

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	0.45	6.21	16.64
Net Profit Margin (PBT/Sales)	(%)	0.05	9.47	16.53
Return on Total Assets (PBT/Total Assets}	(%)	0.03	5.16	9.32
Return on Investment (ROI) (PBT/Networth)		0.00	0.15	0.23
Debt Equity Ratio (Total Liability/Networth)		1.84	2.42	4.71
Current Ratio (Current Asset/Current Liability)		4.55	2.82	1.78

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	No
9) Name of person contacted	Yes
10) Designation of contact person	Yes
11) Turnover of firm for last two years	Yes
12) Profitability for last three years	Yes
13) Reasons for variation <> 20%	--
14) Estimation for coming financial year	No
15) Capital in the business	Yes
16) Details of sister concerns	Yes
17) Major suppliers	No
18) Major customers	No
19) Payments terms	Yes
20) Export / Import details (if applicable)	Yes
21) Market information	--
22) Litigations that the firm / promoter	--
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	Yes

SCHEME OF ARRANGEMENT

With a view to effectively and efficiently cater to the growth plans of the business segments, the Board of Directors of the Company approved a Scheme of Arrangement between the Company, Dalmia Bharat Enterprises Limited, Avnija Properties Limited and DCB Power Ventures Limited under which certain business undertakings like the refractory, cement and the captive thermal power businesses together with certain subsidiaries were to be demerged into Dalmia Bharat Enterprises Limited, Avnija Properties Limited(now known as Dalmia Cement (Bharat) Limited) and DCB Power Ventures Limited. The said Scheme of Arrangement was sanctioned by the Madras High Court by its order dated 29-7-2010 and was made effective from 1-9-2010. Consequently the operating results for the year 2010-11 comprise the remaining businesses, viz., sugar, Magnesite, travel agency and wind power.

Contingent liabilities (not provided for) in respect of:

Rs. In Millions

Particular	31.03.2011	31.03.2010
Claims against the Company not acknowledged as debts	8.22	386.69
Guarantees/Counter Guarantees given to banks on account of loans given by the banks to Bodies Corporate	0.000	14.70
Demand raised by Income tax authorities in dispute	207.22	111.16
Demand raised by custom, excise, entry tax, service tax and sales tax authorities in Dispute	227.51	729.29
Other money for which the Company is contingently liable	1.50	11.93

Based on favourable decisions in similar cases, legal opinion taken by the Company, discussions with the solicitors etc, the Company believes that there is a fair chance of favourable decisions in respect of the items listed above and hence no provision is considered necessary against the same.

Bankers Charges Report as per Registry

Corporate identity number of the company	L26942TN1951PLC000640
Name of the company	DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED
Address of the registered office or of the principal place of business in India of the company	Dalmia Puram, Tiruchipalli Dist Tiruchirapalli - 621651, Tamil Nadu, India kvmohan@dalmiacement.com
This form is for	Modification of charge
Charge identification (ID) number of the charge to be modified	10194262
Type of charge	Book debts Movable property (not being pledge)
Particular of charge holder	Punjab National Bank,74, Janpath, New Delhi - 110001, Delhi, India bo031@pnb.co.in
Nature of instrument creating charge	Joint charge created under deed of hypothecation on 20^th January, 2012 on the sugar units of the company in favour of consortium of banks to secure the working capital facilities of Rs.3887.500 Millions in aggregate sanctioned to the company
Date of instrument Creating the charge	20.01.2012
Amount secured by the charge	Rs.3887.500 Millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of Interest Interest shall be chargeable as per the terms of respective sanctions of the banks under consortium. Terms of Repayment As per the particulars mentioned in the joint deed of hypothecation dated 20.01.2012 executed by dalmia bharat sugar and industries limited. Margin As per the particulars mentioned in the joint deed of hypothecation dated 20.01.2012 executed by dalmia bharat sugar and industries limited. Extent and Operation of the charge The charge operates as security, interalia, for the due repayment of the working capital facilities of Rs. 3887.500 Millions together with all interest at the agreed rates and other monies to the consortium lenders on first pari passu charge basis as per the joint deed of hypothecation dated 20.01.2012 executed by Dalmia Bharat Sugar and Industries Limited. The security created will be a continuing security. Others As per the particulars mentioned in the joint deed of hypothecation dated 20.01.2012 executed by Dalmia Bharat Sugar And Industries Limited.
Short particulars of the property or asset(s) charged (including complete address and location of the property)	First pari passu charge by way of hypothecation of stock of raw materials (semi-finished and finished goods) and book debts, both present and future of the company's sugar units at Ramgarh, Jawaharpur and Nigohi, as mentioned in joint deed of hypothecation dated 20-01-2012.
Date of instrument modifying the charge	01.09.2010
Particulars of the present modification	The Charge of Working Capital Limits stand modified in terms of the Deed of Hypothecation Dated 20.01.2012 executed by the Company in favour of the Member Banks of the Consortium to the extent of Rs.3887.500 Millions.

Fixed Assets:

• Free hold Land
• Building
• Pant and Machinery
• Furniture and Fixtures
• Vehicles

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.51.63
UK Pound	1	Rs.81.94
Euro	1	Rs.67.65

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	7
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILIRY	1~10	4
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	5
--CREDIT LINES	1~10	5
--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		46s

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.