MIRA INFORM REPORT

Report Date :

19.04.2012

IDENTIFICATION DETAILS

Name :	PCI LIMITED (w.e.f. 29.09.1995)
Formerly Known As :	PRIME CHEMFERT INDUSTRIES LIMITED
Registered Office :	Prime Group Building, 11/5B, Pusa Road, New Delhi-110005
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	13.02.1986
Com. Reg. No.:	55-023329
Paid-up Capital :	Rs. 137.827 Millions
CIN No.: [Company Identification No.]	U74899DL1986PLC023329
TAN No.: [Tax Deduction & Collection Account No.]	DELP09007F
PAN No.: [Permanent Account No.]	AAACP1565E
Legal Form :	A closely held Public Limited Liability Company.
Line of Business :	Manufacture and Supplier of Testing and Measuring Instrument, UPS, Precision Engg. Mechanical Appliances.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (52)

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

Maximum Credit Limit :	USD 1855880
Status :	Good
Payment Behaviour :	Usually correct
Litigation :	Clear
Comments :	Subject is a well established company having satisfactory track. General financial position is satisfactory. 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 – April 1, 2010

Country Name	Previous Rating (31.12.2009)	Current Rating (01.04.2010)
India	A1	A1

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

LOCATIONS

Registered Office/ Factory :	Prime Group Building, 11/5B, Pusa Road, New Delhi-110005, India
Tel. No.:	91-11-41888999 (30 Lines) / 41888888 / 25762562/63/64 / 25762552/53 / 25813338 / 25813339
Fax No.:	91-11-25755815 / 25821623
E-Mail :	pci@prime-pci.com primegroup@vsnl.com
Website:	www.pci-india.com www.primegroupindia.com

DIRECTORS

AS ON 23.09.2011

Name :	Mr. Surinder Mehta
Designation :	Chairman and Managing Director
Address :	180-W-6 Lane, Western Avenue, Sainik Farm, New Delhi-110062, India
Date of Birth/Age :	03.08.1956
Date of Appointment :	13.02.1986
DIN No.:	00010122

Other Directorship:

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U74899DL1986PLC023329	PCI Limited	Managing director	1.10.2008	13.02.1986	Active	NO
2	U74899DL1986PLC026247	PCI Leasing And Finance Limited	Director	3.12.1986	3.12.1986	Active	NO
3	U74899DL1988PTC032182	Prime Couriers India Private Limited	Director	22.06.1988	22.06.1988	Active	NO
4	U45200DL1995PLC068048	Prime Hitech Infrastructure Limited	Director	1.05.1995	1.05.1995	Active	NO
5	U74899DL1995PLC074425	Endolite India Limited	Director	7.12.1995	7.12.1995	Active	NO
6	U23201HR1996PLC033171	Prime Power Corporation Limited	Director	27.06.1996	27.06.1996	Active	NO
7	U72100DL1999PLC101989	Planet PCI Infotech Limited	Director	14.10.1999	14.10.1999	Active	NO
8	U31908DL2008PLC183082	Prime Electric Limited	Director	1.08.2009	9.09.2008	Active	NO
9	U40200DL2010PLC201154	Prime Hydro Limited	Director	5.04.2010	5.04.2010	Active	NO
10	U40101DL2010PLC201155	Prime Solar Limited	Director	5.04.2010	5.04.2010	Active	NO
11	U28113DL2010PLC201156	Prime Hitech Engineering Limited	Director	5.04.2010	5.04.2010	Active	NO
12	U40102DL2010PTC205402	Riello PCI India Private Limited	Director	7.07.2010	7.07.2010	Active	NO

Name :	Mr. Inder Pal Singh
Designation :	Director
Address :	25, Rajendra Park, New Delhi-110060, India
Date of Birth/Age :	03.11.1941
Date of Appointment :	01.08.2002
DIN No.:	00023333

Other Directorship:

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U74899DL1995PLC074425	Endolite India Limited	Director	1.08.2002	1.08.2002	Active	NO
2	U74899DL1986PLC023329	PCI Limited	Director	21.09.2002	1.08.2002	Active	NO

Name :	Mr. Ramesh Chandra Sharma
Designation :	Director
Address :	N-1, Green Park Extension New Delhi-110016, India
Date of Birth/Age :	24.01.1939
Date of Appointment :	28.06.2004
DIN No.:	00023274

Other Directorship:

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	L51909DL1933PLC009509	Sir Shadi Lal Enterprises Limited	Director	22.05.2002	22.05.2002	Active	NO
2	L55101DL1979PLC009498	CHL Limited	Director	30.04.2003	30.04.2003	Active	NO
3	U74899DL1986PLC023329	PCI Limited	Director	28.06.2004	28.06.2004	Active	NO
4	L67120HR1994PLC034148	Hb Portfolio Limited	Director	27.07.2004	27.07.2004	Active	NO
5	U75230BR1985PLC002083	Security And Intelligence Services (India) Limited	Director	30.09.2006	30.09.2006	Active	NO
6	L64200MH1993PLC072379	In House Productions Limited	Director	24.04.2007	24.04.2007	Active	NO
7	U67120MH1993PLC073185	Indsec Securities And Finance Limited	Additional director	16.06.2008	16.06.2008	Active	NO

Name :	Dr. Kamalaksha Uggappa Mada
Designation :	Director
Address :	24, Silver Home, 15 Kantawadi Road, Bandra (W), Mumbai-400050, Maharashtra, India
Date of Birth/Age :	29.12.1933
Date of Appointment :	03.11.2005
DIN No.:	00011395

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	L11101TN1969PLC005778	Southern Petrochemical Industries Corporation Limited	Director	29.05.1993	29.05.1993	27.07.2007	Active	NO
2	L99999MH1964PLC012835	Asian Electronics Limited	Director	23.09.1999	23.09.1999	27.09.2007	Active	NO
3	L55101MH1981PLC024097	Hotel Leelaventure Limited	Director	29.01.2000	29.01.2000	-	Active	NO
4	L24100MH1983PLC029442	Lupin Limited	Director	27.06.2001	27.06.2001	-	Active	NO
5	U51109UP1974PLC003879	U. P. Industrial Consultants Limited	Whole-time director	6.11.2003	6.11.2003	14.07.2008	Active	YES
6	L23200TN1984PLC010931	Tamilnadu Petroproducts Limited	Director	20.04.2004	20.04.2004	-	Active	NO
7	U74899DL1986PLC023329	PCI Limited	Director	19.09.2006	3.11.2005	-	Active	NO
8	U63090WB1991PLC052729	Credence Logistics Limited	Additional director	31.12.2007	31.12.2007	30.04.2008	Active	NO

Name :	Mr. Chandra Prakash Jain
Designation :	Director
Address :	396-C, Sheikh Sarai, Phase I, New Delhi-110017, India
Date of Birth/Age :	03.03.1946
Date of Appointment :	11.12.2008
DIN No.:	00011964

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	L65910MH1986PLC165645	Reliance Capital Limited	Director	24.04.2006	24.04.2006	-	Active	NO
2	U45201DL1999PLC125988	IL and FS Infrastructure Development Corporation Limited	Director	3.05.2007	26.10.2006	-	Active	NO
3	U73100DL2007NPL164215	Centre For Fly Ash Research and Management	Director	3.05.2010	4.06.2007	-	Active	NO
4	L65190MH2004GOI148838	IDBI Bank Limited	Director	22.07.2008	22.07.2008	22.11.2008	Active	NO
5	U74899DL1986PLC023329	PCI Limited	Director	17.08.2009	11.12.2008	-	Active	NO
6	L24110GJ1987PLC009362	Gujarat Fluorochemicals Limited	Director	23.01.2010	23.01.2010	12.02.2010	Active	NO
7	U51909DL2010PTC199950	Avu Enterprises Private Limited	Director	11.03.2010	11.03.2010	-	Active	NO
8	U65990MH2005PLC154052	Reliance Securities Limited	Director	1.06.2011	27.09.2010	-	Active	NO

Name :	Mrs. Archna Mehta
Designation :	Director
Address :	180-W-6 Lane, Western Avenue, Sainik Farm, New Delhi-110062, India
Date of Birth/Age :	31.03.1959
Date of Appointment :	12.05.1988
DIN No.:	00010468

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	U74899DL1986PLC026247	PCI Leasing And Finance Limited	Director	3.12.1986	3.12.1986	-	Active	NO
2	U74899DL1986PLC023329	PCI Limited	Director	30.09.2008	12.05.1988	-	Active	NO
3	U74899DL1988PTC032182	Prime Couriers India Private Limited	Director	22.06.1988	22.06.1988	-	Active	NO
4	U45200DL1995PLC068048	Prime Hitech Infrastructure Limited	Director	1.05.1995	1.05.1995	30.09.2010	Active	NO
5	U72100DL1999PLC101989	Planet PCI Infotech Limited	Director	14.10.1999	14.10.1999	-	Active	NO
6	U74140DL2001PTC110668	Prudent Manfin Consultants Private Limited	Director	2.05.2001	2.05.2001	-	Active	NO
7	U51109WB1998PTC087352	Elaska Exim Private Limited	Director	1.08.2007	1.08.2007	-	Active	NO
8	U23201HR1996PLC033171	Prime Power Corporation Limited	Director	20.09.2010	13.11.2009	-	Active	NO

Name :	Mr. Rohan Mehta
Designation :	Director (Business Development)
Address :	180-W-6 Lane, Western Avenue, Sainik Farm, New Delhi-110062, India
Date of Birth/Age :	14.12.1985
Date of Appointment :	30.09.2008
DIN No.:	01510489

Other Directorship:

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U45200DL1995PLC068048	Prime Hitech Infrastructure Limited	Director	29.09.2007	20.06.2007	Active	NO
2	U74899DL1986PLC026247	PCI Leasing And Finance Limited	Director	28.09.2007	21.06.2007	Active	NO
3	U51109WB1998PTC087352	Elaska Exim Private Limited	Director	1.08.2007	1.08.2007	Active	NO
4	U74140DL2001PTC110668	Prudent Manfin Consultants Private Limited	Director	22.11.2007	22.11.2007	Active	NO
5	U31908DL2008PLC183082	Prime Electric Limited	Managing director	1.08.2009	9.09.2008	Active	NO
6	U74899DL1986PLC023329	PCI Limited	Whole-time director	1.10.2008	30.09.2008	Active	NO
7	U23201HR1996PLC033171	Prime Power Corporation Limited	Director	20.09.2010	13.11.2009	Active	NO
8	U40200DL2010PLC201154	Prime Hydro Limited	Director	5.04.2010	5.04.2010	Active	NO
9	U40101DL2010PLC201155	Prime Solar Limited	Director	5.04.2010	5.04.2010	Active	NO
10	U28113DL2010PLC201156	Prime Hitech Engineering Limited	Director	5.04.2010	5.04.2010	Active	NO
11	U00092DL2005PTC140548	Skymaster Aviation Adventures Private Limited	Director	31.08.2010	25.06.2010	Active	NO
12	U40102DL2010PTC205402	Riello PCI India Private Limited	Director	7.07.2010	7.07.2010	Active	NO
13	U31300DL2010PTC209769	Prime Harness Systems Private Limited	Director	25.10.2010	25.10.2010	Active	NO
14	U74140DL2011PLC212726	Prime Sd Engg. Consultants Limited	Director	17.01.2011	17.01.2011	Active	NO
15	U74140DL2011FTC219425	Onet Technologies India Private Limited	Director	19.05.2011	19.05.2011	Active	NO

Name :	Mr. Vijay Sarpal
Designation :	Executive Director
Address :	6A/ 9, W.E.A Karol Bagh, New Delhi-110005, India
Date of Birth/Age :	20.05.1955
Date of Appointment :	01.04.2005
DIN No.:	00010455

Other Directorship:

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U45200DL1995PLC068048	Prime Hitech Infrastructure Limited	Director	26.05.1995	26.05.1995	Active	NO
2	U51109WB1998PTC087352	Elaska Exim Private Limited	Director	16.06.1998	16.06.1998	Active	NO
3	U72100DL1999PLC101989	Planet PCI Infotech Limited	Director	14.10.1999	14.10.1999	Active	NO
4	U72900DL2000PTC105066	Star Marcon Private Limited	Director	4.06.2001	4.06.2001	Active	NO
5	U74899DL1995PLC074425	Endolite India Limited	Director	8.08.2001	8.08.2001	Active	NO
6	U74899DL1986PLC023329	PCI Limited	Whole-time director	1.10.2008	1.04.2005	Active	NO
7	U31908DL2008PLC183082	Prime Electric Limited	Director	9.09.2008	9.09.2008	Active	NO
8	U23201HR1996PLC033171	Prime Power Corporation Limited	Director	20.09.2010	13.11.2009	Active	NO
9	U40200DL2010PLC201154	Prime Hydro Limited	Director	5.04.2010	5.04.2010	Active	NO
10	U40101DL2010PLC201155	Prime Solar Limited	Director	5.04.2010	5.04.2010	Active	NO
11	U28113DL2010PLC201156	Prime Hitech Engineering Limited	Director	5.04.2010	5.04.2010	Active	NO
12	U40102DL2010PTC205402	Riello PCI India Private Limited	Director	28.07.2011	7.08.2010	Active	NO

KEY EXECUTIVES

Name :	Mr. Raghav Shukla
Designation :	Company Secretary
Address :	742, Plot No. 13, Sargodha Apartment, Sector-7, Dwarka, New Delhi-110075, India
Date of Birth/Age :	15.09.1969
Date of Appointment :	05.09.1998
Pan No.:	AMHPS2740Q

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 23.09.2011

Names of Shareholders	No. of Shares
Surinder Mehta	7540327
Archna Mehta	2216872
Surinder Mehta HUF	411720
Rohan Mehta	2820705
PCI Leasing and Finance Private Limited, India	564000
Senha Mehta	80370
Prime Courier India Private Limited, India	141000
Vijay Sarpal	7755
Total	13782749

AS ON 23.09.2011

Equity Share Breakup	Percentage of Holding
Category
Bodies corporate	5.12
Directors or relatives of directors	94.88
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacture and Supplier of Testing and Measuring Instrument, UPS, Precision Engg. Mechanical Appliances.

Product:

Product Description	Item Code
Testing and Measuring Instrument	9031
UPS	8504
Precision Engg. Mechanical Appliances	8483

GENERAL INFORMATION

No. of Employees :	Not Available
Bankers :	· Punjab National Bank, Parliament Street Branch, 5 Sansad Marg, New Delhi-110001, India · Small Industries Development Bank of India, Ground Floor, Udyog Minar, Vanijya Nikunj, Udyog Vihar, Phase-V, Gurgaon - 122016, Haryana, India

Banking Relations :	--
Auditors :
Name :	Satish Aggarwal and Associates Chartered Accountant
Address :	4/5B, 1^st Floor, Asaf Ali Road, New Delhi-110002, India
Subsidiaries :	· Prime Electric Limited · RIELLO PCI India Private Limited · Prime Hitech Engineering Limited · PCI Europe GmbH, Germany · PCI Middle East FZE, Sharjah · PCI Asia Pacific Private Limited

CAPITAL STRUCTURE

AS ON 23.09.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
20000000	Equity Shares	10/- each	Rs.200.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
13782749	Equity Shares	10/- each	Rs.137.827 Millions

FINANCIAL DATA

[all figures are in Euro]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011	31.03.2010	31.03.2009
SHAREHOLDERS FUNDS
1] Share Capital		137.827	137.827	137.827
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		326.143	244.120	171.356
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		463.970	381.947	309.183
LOAN FUNDS
1] Secured Loans		864.416	999.753	785.894
2] Unsecured Loans		25.447	8.949	23.785
TOTAL BORROWING		889.863	1008.702	809.679
DEFERRED TAX LIABILITIES		48.989	65.172	66.233
TOTAL		1402.822	1455.821	1185.095
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		441.503	459.793	490.229
Capital work-in-progress		513.268	287.879	153.771
INVESTMENT		168.271	97.945	5.315
DEFERRED TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	194.782	213.257	167.465
	Sundry Debtors	764.935	678.449	489.904
	Cash & Bank Balances	8.244	15.918	10.012
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	183.453	131.252	144.470
Total Current Assets		1151.414	1038.876	811.851
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	675.048	381.657	218.222
	Other Current Liabilities	128.944	2.705	50.157
	Provisions	67.642	49.309	17.073
Total Current Liabilities		871.634	433.671	285.452
Net Current Assets		279.780	605.205	526.399
MISCELLANEOUS EXPENSES		0.000	4.999	9.381
TOTAL		1402.822	1455.821	1185.095

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income	1910.211	1688.535	1311.738
		Other Income	15.438	15.139	73.602
		TOTAL (A)	1925.649	1703.674	1385.340
Less	EXPENSES
		Consumption materials changes inventories	1271.905	1068.039	748.527
		Manufacturing service costs	59.683	41.227	8.589
		Employee related expenses	215.277	171.938	166.025
		Administrative selling other expenses	207.047	162.076	218.407
		Prior Period Adjustment	(81.540)	3.504	0.000
		TOTAL (B)	1672.372	1446.784	1141.548
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		253.277	256.890	243.792
44
Less	FINANCIAL EXPENSES (D)		79.560	85.007	80.195
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		173.717	171.883	163.597
Less/ Add	DEPRECIATION/ AMORTISATION (F)		49.949	54.736	59.489
	PROFIT BEFORE TAX (E-F) (G)		123.768	117.147	104.108
Less	TAX (H)		41.745	44.382	40.931
	PROFIT AFTER TAX (G-H) (I)		82.023	72.765	63.177
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	323.760	194.420	48.177
	IMPORTS
		Spare Parts and Material	NA	510.984	512.470
		Furniture and Fixtures	NA	0.000	0.140
		Capital Work in Progress	NA	8.135	0.000
	TOTAL IMPORTS		NA	519.119	512.61
	Earnings Per Share		5.95	5.28	4.77

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	4.26	4.28	4.56
Net Profit Margin (PBT/Sales)	(%)	6.47	6.95	7.94
Return on Total Assets (PBT/Total Assets}	(%)	7.77	7.82	7.99
Return on Investment (ROI) (PBT/Networth)		0.27	0.31	0.34
Debt Equity Ratio (Total Liability/Networth)		3.80	3.78	3.54
Current Ratio (Current Asset/Current Liability)		1.32	2.40	2.84

LOCAL AGENCY FURTHER INFORMATION

Note: The registered office of the company has been shifted from 19 Rajendra Park, New Delhi-110060, India to the present address w.e.f. 05.09.2008.

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	--
8) No. of employees	No
9) Name of person contacted	No
10) Designation of contact person	No
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	No
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)	--
21) Market information	--
22) Litigations that the firm / promoter involved in	--
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

OPERATIONS

During the financial year 2010-11, the Company has recorded a consolidated turnover of Rs. 2,532.130 millions (previous year Rs. 1917.390) and thereby recording an increase of 32.06% on direct turnover over the previous year. The Company has also achieved indirect turnover of Rs.855.970 millions during the current financial year as compared to indirect turnover of Rs.1047.600 millions for the financial year 2009-10, thereby achieving a total direct and indirect turnover of Rs. 3,388.100 millions as against Rs. 2964.990 millions in previous years.

Bankers Charges Report as per Registry

Corporate identity number of the company	U74899DL1986PLC023329
Name of the company	PCI LIMITED
Address of the registered office or of the principal place of business in India of the company	Prime Group Building, 11/5B, Pusa Road, New Delhi-110005, India
This form is for	Creation of charge Modification of charge
Type of charge	Movable Property Immovable Property
Particular of charge holder	Small Industries Development Bank of India
Nature of instrument creating charge	1) On 15/12/2011, Deed of hypothecation has been executed for creation of first charge on the movable assets acquired/proposed ot be acquired by the company under the present project and also earlier projects/schemes. 2) On the same day, no instrument is executed. Extension of first charge on immovable properties of the company situated at Plot No.300, Sector-6, IMT, Manesar, Gurgaon admeasuring 1800 sq. mtrs. was created.
Date of instrument Creating the charge	15.12.2011
Amount secured by the charge	Rs.2.500 Millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of Interest at the rate of 0.50% above SIDBI Prime Lending Rate (PLR) rising or falling therewith, with monthly rests. The current SIDBI PLR being 12.75% & current effective rate of interest being 13.25 % p.a. Terms of Repayment The Loan shall be repaid by the Borrower to SIDBI in 50 equal monthly installments of Rs.0.050 after a moratorium of ten months from the date of first disbursement of the loan Margin Internal accruals of Rs. 1.747 Millions Extent and Operation of the charge 1) First charge on all the movables of the company including plant and machinery, equipment, machinery spares, tools and accessories, office equipments, computers, furniture and fixtures etc., which has been acquired or proposed to be acquired under the present project/scheme and also earlier projects/schemes. 2) First charge on all the immovable properties of the company situated at plot no. 300, Sector 6, IMT Manesar, Gurgaon, admeasuring 1800 sq meters.
Short particulars of the property charged	All the movables of the company including plant, equipment, machinery, spares, tools, accessories and all other assets which have been acquired or proposed to be acquired under the project/scheme All the movables of the company including plant, machinery, equipment, tools and acessories, office equipments, computers, furniture and fixtures etc., acquired under the earlier projects/schemes. All the immovable properties of the company situated at plot no. 300, Sector 6, IMT Manesar, Gurgaon Haryana admeasuring 1800 sq. mtrsa., both present and future.

This form is for	Creation of charge
Corporate identity number of the company	U74899DL1986PLC023329
Name of the company	PCI LIMITED
Address of the registered office or of the principal place of business in India of the company	Prime Group Building, 11/5B, Pusa Road, New Delhi-110005, India
Type of charge	Book Debts Movable Property (not being pledge) Immovable Property Others
Particular of charge holder	Punjab National Bank, Parliament Street Branch, 5 Sansad Marg, New Delhi-110001, India
Email	bo0153@pnb.co.in
Nature of description of the instrument creating or modifying the charge	Agreement of Hyp of Goods and Book Debts to Secure Cash Credit, Agreement of Hypothecation of Fixed/Block Assets and Letter Regarding Equitable Mortgage
Date of instrument Creating the charge	30.04.2011
Amount secured by the charge	Rs.10.000 Millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest Interest @ 14.50%, i.e. Br plus 5% p.a. (presently Br is 9.5%) p.a. With monthly rest Terms of Repayment On Demand Margin As Per Sanction Terms Extent and Operation of the charge The charge operates as security as first pari passu charge except specified assets of Manesar unit at Plot No. 300, Sector 6, Imt, Manesor -Gurgaon which shall be on 2nd charge basis (on which SIDBI holds exclusive first charge) Others This is to secure ADHOC cash credit limit of Euro 156250
Short particulars of the property charged	I) Hypothecation of all p and f stocks of raw material, work in progress, fin goods, cons stores/spares of the borrower in or about their premises or godown at various godowns as per agr or any other godown including in transit II) Hypothecation of all book debts, outstanding, money receivables, claims, bills, contracts, engagements, securities, investments, rights and other mov. assets III) Hypothecation of all fixed/block assets described in general terms eq mortgage by deposit of title deeds of imm prop. msg 6 acres situated at Village Rampur (Atta), Tehsil Nuh, near Sohna, Distt. Gurgaon (hr) including land, building thereon both present and future IV) eq mortgage by deposit of title deeds of Imm prop situated at Plot No. 287-288, Phase II, Udyog Vihar, Gurgaon (hr) including land, building thereon both present and future

Fixed Assets:

• Land
• Land Leasehold
• Building
• Temporary Erection
• Furniture and Fixture
• Electric Fittings
• Sign Board
• Equipment
• Plant and Machinery
• Vehicles
• Computer
• Elevator
• Wind Mills
• Dies and Moulds
• Digs 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.51.50
UK Pound	1	Rs.81.98
Euro	1	Rs.67.54

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	7
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	6
--LEVERAGE	1~10	5
--RESERVES	1~10	6
--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	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		52

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.