|
Report Date : |
12.12.2012 |
IDENTIFICATION DETAILS
|
Name : |
CIMTRIX SYSTEMS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
#16, II A Cross, SBI Colony, Koramangala III Block, Bangalore –
560037, Karnataka |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
21.07.1994 |
|
|
|
|
Com. Reg. No.: |
08 – 015964 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.4.200 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U30007KA1994PTC015964 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
BLRC00915F |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACC9061C |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturing of Machine Tools. |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B (33) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 40000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having moderate track. Latest
financial i.e. 2011-12 is missing from the government department. From the financial
of 2011 there appears some dip in the turnover and profitability. However,
trade relations are reported s fair. Business is active. Payments are
reported to be slow but correct The company can be considered for small business dealing 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 – June 30, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
INDIAN ECONOMIC OVERVIEW
India is developing into an
open-market economy, yet traces of its past autarkic policies remain. Economic
liberalization, including industrial deregulation, privatization of state-owned
enterprises, and reduced controls on foreign trade and investment, began in the
early 1990s and has served to accelerate the country's growth, which has
averaged more than 7% per year since 1997. India's diverse economy encompasses
traditional village farming, modern agriculture, handicrafts, a wide range of
modern industries, and a multitude of services. Slightly more than half of the
work force is in agriculture, but services are the major source of economic
growth, accounting for more than half of India's output, with only one-third of
its labor force. India has capitalized on its large educated English-speaking
population to become a major exporter of information technology services and
software workers. In 2010, the Indian economy rebounded robustly from the
global financial crisis - in large part because of strong domestic demand - and
growth exceeded 8% year-on-year in real terms. However, India's economic growth
in 2011 slowed because of persistently high inflation and interest rates and
little progress on economic reforms. High international crude prices have
exacerbated the government's fuel subsidy expenditures contributing to a higher
fiscal deficit, and a worsening current account deficit. Little economic reform
took place in 2011 largely due to corruption scandals that have slowed
legislative work. India's medium-term growth outlook is positive due to a young
population and corresponding low dependency ratio, healthy savings and
investment rates, and increasing integration into the global economy. India has
many long-term challenges that it has not yet fully addressed, including
widespread poverty, inadequate physical and social infrastructure, limited
non-agricultural employment opportunities, scarce access to quality basic and
higher education, and accommodating rural-to-urban migration.
|
Source
: CIA |
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2012.
LOCATIONS
|
Registered Office .: |
#16 II A Cross, SBI Colony, Koramangala III Block, Bangalore – 560037,
Karnataka, India |
|
Tel No : |
Not Available |
|
Fax No : |
Not Available |
|
Email – ID |
|
|
Website : |
|
|
|
|
|
Head Office/ Factory : |
No. 320, 8th Cross, 4th Phase, Peenya Industrial Area,
Bangalore - 560058, Karnataka, India |
|
Tel No : |
91-80-28360141 / 41179301 / 41179365 |
|
Fax No : |
91-80-28360140 |
|
Email - ID |
DIRECTORS
AS ON 30.9.2011
|
Name : |
Mr. Shrikant Pandit |
|
Designation : |
Director |
|
Address : |
No.746,7th Cross, 15th Main, BTM Layout 2nd
Stage, Bangalore – 560076, Karnataka, India |
|
Date of Appointment : |
21.07.1994 |
|
DIN No.: |
00195633 |
Other Directorship:
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company/
LLP Status |
Defaulting
status |
|
1 |
U30007KA1994PTC015964 |
CIMTRIX
SYSTEMS PRIVATE LIMITED |
Director |
21/07/1994 |
21/07/1994 |
- |
Active |
NO |
|
2 |
U74140KA1997PTC021830 |
OMNESYS
TECHNOLOGIES PRIVATE LIMITED |
Managing
director |
18/02/1997 |
18/02/1997 |
- |
Active |
NO |
|
3 |
U32109KA1986PTC007801 |
GANA
YANTRIKA SYSTEMS PRIVATE LIMITED |
Managing
director |
18/02/1997 |
18/02/1997 |
- |
Active |
NO |
|
4 |
U85110KA1999PTC025367 |
OMNESYS
TRADENET PRIVATE LIMITED |
Managing
director |
23/06/1999 |
23/06/1999 |
12/01/2009 |
Active |
NO |
|
5 |
U72200KA1998PTC024536 |
TRIBI
SYSTEMS PRIVATE LIMITED |
Managing
director |
25/10/2000 |
20/10/2000 |
- |
Active |
NO |
|
6 |
U67120KA2000PTC028374 |
OTN
COMMODITIES PRIVATE LIMITED |
Managing
director |
29/12/2000 |
29/12/2000 |
- |
Active |
NO |
|
7 |
U72300TN2007PTC065572 |
HARSA
IT SOLUTIONS PRIVATE LIMITED |
Director |
25/07/2012 |
25/07/2012 |
- |
Active |
NO |
|
Name : |
Mr.Sahasranam Krishnan |
|
Designation : |
Managing Director |
|
Address : |
A – 002, Raheja Residency, 3rd Block, Koramangala,
Bangalore – 560034, Karnataka, India |
|
Date of Appointment : |
21.07.1994 |
|
DIN No.: |
00195633 |
Other Directorship:
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company/
LLP Status |
Defaulting
status |
|
1 |
U30007KA1994PTC015964 |
CIMTRIX
SYSTEMS PRIVATE LIMITED |
Managing
director |
21/07/1994 |
21/07/1994 |
- |
Active |
NO |
|
2 |
U85110KA1999PTC025367 |
OMNESYS
TRADENET PRIVATE LIMITED |
Director |
23/06/1999 |
23/06/1999 |
- |
Active |
NO |
|
3 |
U72200KA1998PTC024536 |
TRIBI
SYSTEMS PRIVATE LIMITED |
Director |
01/11/2002 |
01/11/2002 |
07/01/2008 |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2011
|
Names of Shareholders |
No. of Shares |
|
Sahasranam Krishnan |
1701 |
|
Shanti Laxmi |
1 |
|
Sabina .S. Pandit |
3900 |
|
Prashanth Alva |
2000 |
|
C.K. Chandra Sekharan |
2000 |
|
Uday Baindur |
500 |
|
Ganayntrika Systems Private Limited |
29198 |
|
Jitendra Veer Singh |
700 |
|
B.N. Yatish |
2000 |
|
TOTAL
|
42000 |
AS ON 30.09.2011
|
Equity Shares
Break Up |
Percentage of
Holding |
|
Directors or relatives of Directors |
100.00 |
|
TOTAL |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturing of Machine Tools. |
|
|
|
|
Product : |
Special Purpose Machines |
GENERAL INFORMATION
|
Customers : |
|
|||||||||||||||||||||
|
|
|
|||||||||||||||||||||
|
No. of Employees : |
Not Available |
|||||||||||||||||||||
|
|
|
|||||||||||||||||||||
|
Bankers : |
|
|||||||||||||||||||||
|
|
|
|||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Mr. S. Giridharan Chartered Accountant |
|
Address : |
No. 7/H. 3rd Floor, Shoukat Building, Silver Jubbilee Park
Road, Bangalore – 560002, Karnataka, India |
|
PAN No.: |
ACPPG2638H |
CAPITAL STRUCTURE
AS ON 30.09.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
50000 |
Equity Shares |
Rs.100/- each |
Rs.5.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
42000 |
Equity Shares |
Rs.100/-
each |
Rs.4.200
Millions |
|
|
|
|
|
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 |
4.200 |
4.200 |
4.200 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
7.369 |
6.480 |
5.376 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
11.569 |
10.680 |
9.576 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
11.999 |
10.974 |
10.121 |
|
|
2] Unsecured Loans |
0.874 |
0.874 |
0.874 |
|
|
TOTAL BORROWING |
12.873 |
11.848 |
10.995 |
|
|
DEFERRED TAX LIABILITIES |
0.028 |
0.029 |
0.012 |
|
|
|
|
|
|
|
|
TOTAL |
24.471 |
22.557 |
20.583 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
5.333 |
5.273 |
5.553 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.010 |
0.010 |
0.010 |
|
|
DEFERREX TAX ASSETS |
0.036 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
12.570
|
9.357 |
13.398 |
|
|
Sundry Debtors |
10.124
|
12.457 |
8.620 |
|
|
Cash & Bank Balances |
4.238
|
2.113 |
2.968 |
|
|
Other Current Assets |
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances |
6.277
|
5.055 |
4.945 |
|
Total
Current Assets |
33.209
|
28.982 |
29.931 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
7.564
|
11.265 |
14.471 |
|
|
Other Current Liabilities |
6.150
|
0.000 |
0.000 |
|
|
Provisions |
0.403
|
0.443 |
0.440 |
|
Total
Current Liabilities |
14.117
|
11.708 |
14.911 |
|
|
Net Current Assets |
19.092
|
17.274 |
15.020 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
24.471 |
22.557 |
20.583 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
60.130 |
64.533 |
81.031 |
|
|
|
Other Income |
1.099 |
0.661 |
N.A |
|
|
|
TOTAL |
61.228 |
65.194 |
N.A |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
60.129 |
63.631 |
N.A |
|
|
|
|
TOTAL |
60.129 |
63.631 |
N.A |
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX |
1.099 |
1.563 |
.NA |
|
|
|
|
|
|
|
|
|
Less |
TAX |
0.210 |
0.459 |
N.A |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX |
0.889 |
1.104 |
1.461 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
0.026 |
0.037 |
N.A |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
1.45
|
1.69 |
N.A |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
1.83
|
2.42 |
NA |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
2.85
|
4.56 |
NA |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.09
|
0.15 |
NA |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
2.33
|
2.21 |
2.71 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.35
|
2.48 |
2.01 |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
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 |
No |
|
10] |
Designation of contact
person |
No |
|
11] |
Turnover of firm for last
three years |
Yes |
|
12] |
Profitability for last
Two 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 |
No |
|
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 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 |
No |
|
30] |
Major Shareholders, if
available |
Yes |
|
31] |
Date of Birth of
Proprietor/Partner/Director, if available |
No |
|
32] |
PAN of
Proprietor/Partner/Director, if available |
Yes |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
No |
FORM 8
|
Corporate
identity number of the company |
U30007KA1994PTC015964 |
|
Name of the
company |
CIMTRIX SYSTEMS
PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
#16, II A Cross, SBI
Colony, Koramangala III Block, Banglore – 5600037, Karnataka, India |
|
This form is for |
Modification of
charge |
|
Charge
identification number of the charge to be modified |
80005478 |
|
Type of charge |
|
|
Particular of
charge holder |
Union Bank of
India, Industrial Finance Branch, No.23, Archana Complex, 1st
Floor, J.C. Road, Bangalore – 560002, Karnataka, India. |
|
Nature of
instrument creating charge |
|
|
Date of
instrument Creating the charge |
18.12.2010 |
|
Amount secured by
the charge |
Rs.16.113 Millions
|
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of interest CC: BR + 5.25%
p.a., PC: 9.25% p.a., TL: BR + 6.00% p.a. Terms of repayment ON DEMAND Margin Margin 25% Extent and operation of the charge Hypothecation
charge over entire stocks, book debts, movables, plant and machineries and
other movable assets, Extent Of mortgage on company's immovable properties. (CC HYP:Rs.10.000
million , Inland/Import LC:Rs.6.000 million and TL:Rs.0.113 million) Total
:Rs.16.113 million (W/W PC:Rs.1.000
million, IDBP/IUDBP:Rs.1.000 million) |
|
Short particulars
of the property charged (Including location of the property) |
|
|
Date of
instrument modifying the charge |
07.10.2008 |
|
Particulars of
the present modification |
Total limits
enhanced to Rs.16.113 million (CC HYP:Rs.10.000 million, Inland/Import
LC:Rs.6.000 million and TL:Rs.0.113 million, Total :Rs.16.113 million ) Hypothecation
charge over entire stocks, book debts, movables, plant and machineries and
other movable assets, Extent Of mortgage on company's immovable properties. All other terms
and conditions incl. all securities to continue for the entire limits. |
FIXED ASSETS
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist organization
or whom notice had been received that all financial transactions involving
their assets have been blocked or convicted, found guilty or against whom a
judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent government
authority for any violation of anti-corruption laws or international anti-money
laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on Corporate
Governance to identify management and governance. These factors often have been
predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.32 |
|
|
1 |
Rs.87.36 |
|
Euro |
1 |
Rs.70.36 |
INFORMATION
DETAILS
|
Report Prepared
by : |
HET |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
4 |
|
--LEVERAGE |
1~10 |
4 |
|
--RESERVES |
1~10 |
4 |
|
--CREDIT LINES |
1~10 |
3 |
|
--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 |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
33 |
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 |
- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.