MIRA INFORM REPORT

Report Date :

01.02.2012

IDENTIFICATION DETAILS

Name :	SUPREME AND COMPANY PRIVATE LIMITED

Registered Office :	33/1, Netaji Subhas Road, 3^rd Floor, Room No. 339, Kolkata – 700001, West Bengal

Country :	India

Financials (as on) :	31.03.2010

Date of Incorporation :	26.04.1978

Com. Reg. No.:	21- 031466

Capital Investment / Paid-up Capital :	Rs.143.496 millions

CIN No.: [Company Identification No.]	U24116WB1978PTC031466

TAN No.: [Tax Deduction & Collection Account No.]	CALS17898G

PAN No.: [Permanent Account No.]	AACCA7232K

Legal Form :	Private Limited Liability Company

Line of Business :	Manufacturer and Exporter of Electrical Goods.

No. of Employees :	150 [In Office + in Factory] Approximately

RATING & COMMENTS

MIRA’s Rating :

Ba (53)

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

Maximum Credit Limit :	USD 1100000

Status :	Satisfactory

Payment Behaviour :	Slow but correct

Litigation :	Clear

Comments :	Subject is an old and established company having satisfactory track. Trade relations are fair. Business is active. Payments are reported as slow but correct. The company can be considered normal for business dealings at usual trade terms and conditions. The Profit and Loss account of the company for the year 2010 is not available.

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

ECGC Country Risk Classification List – September 30, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

India

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

INFORMATION PARTED BY

Name :	Mr. Sanjay
Designation :	Accounts Manager
Contact No.:	91-33-24747585
Date :	21.01.2012

LOCATIONS

Registered Office :	33/1, Netaji Subhas Road, 3^rd Floor, Room No-339, Kolkata – 700 001, West Bengal, India
Tel. No.:	91-33-22307044 / 24747565 / 24747585 / 24745984 / 24745985
Fax No.:	91-33-24746537 / 24761955
E-Mail :	sales@supremeco.com, sanjay.accounts@supremeco.in, vrmor.kar@axisbank.com sbp@supremeco.in bob@supremeco.com, admin@supremeco.com
Website :	http://www.supremeco.com

Head / Corporate Office :	53, Justice Chandra Madhav Road, Kolkata - 700020, West Bengal, India
Tel. No.:	91-33-24747565/24747585/24745984/5985/26516701
Fax No.:	91-33-24761955/24746537/26516706

Factory :	P-200, Benaras Road, Howrah – 711 108, West Bengal, India.
Tel. No.:	91-33-2651 3719/ 26516701/05
Fax No.:	91-33-651 4792/ 26516706

Sales Office :	Located at: United Kingdom and Europe 2, Chapel Street, Haconby Bourne, Lincs - Pe100UP, England, United Kingdom
Tel No.:	44-1778-571800
Mobile No.:	44-7747-830086
Fax No.:	44-8452-802292
E-mail :	bob@supremeco.com

Sales Office :	Located at: USA and Canada 5974 Highway, 129 North, Unit H, Pendergrass, GA – 30567, USA
Tel No.:	706 – 693 - 2090
Mobile No.:	678-665-5415
Fax No.:	706-693-2099
E-mail :	admin@supremeco.com

DIRECTORS

As on 30.09.2011

Name :

Mr. Omkar Agarwal

Designation :

Director

Address :

22/2A, Ray Street, Kolkata – 700020, West Bengal, India

Date of Birth/Age :

12.03.1935

Date of Appointment :

01.07.1988

Din :

00598082

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	U24116WB1978PTC031466	SUPREME AND COMPANY PRIVATE LIMITED	Director	1/7/1988	1/7/1988	-	Active	NO
2	U51909WB1998PLC086693	TRANSMISSION AND DISTRIBUTION (INDIA) LIMITED	Director	3/3/1998	3/3/1998	-	Active	NO
3	U72900WB2000PTC091249	WEB SPIDDERS (INDIA) PRIVATE LIMITED	Director	23/02/2005	23/02/2005	-	Active	NO
4	U72200WB2000PTC091872	WEB SPIDERS PRIVATE LIMITED	Director	23/02/2005	23/02/2005	-	Active	NO
5	U29248WB2007PTC117160	SUPREME GRIDTECH PRIVATE LIMITED	Director	13/07/2007	13/07/2007	17/01/2011	Active	NO

Name :

Mr. Harish Agarwal

Designation :

Director and CEO

Address :

22/2A, Ray Street, Kolkata – 700020, West Bengal, India

Date of Birth/Age :

30.01.1959

Date of Appointment :

22.11.1999

DIN :

00598118

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	U51109WB1997PTC085048	POWERLINE EXPORTS PRIVATE LIMITED	Director	31/07/1997	31/07/1997	22/12/2009	Active	NO
2	U24116WB1978PTC031466	SUPREME AND COMPANY PRIVATE LIMITED	Director	22/11/1999	22/11/1999	-	Active	NO
3	U72900WB2000PTC091249	WEB SPIDDERS (INDIA) PRIVATE LIMITED	Director	8/3/2000	8/3/2000	-	Active	NO
4	U72200WB2000PTC091872	WEB SPIDERS PRIVATE LIMITED	Director	23/05/2000	23/05/2000	-	Active	NO
5	U74900PB1988PTC008333	SATURN STRUCTURAL PRODUCTS PRIVATE LIMITED	Director	3/12/2001	3/12/2001	-	Active	NO
6	U27106WB1993PLC058995	M C INDUSTRIES LIMITED	Director	20/03/2005	20/03/2005	-	Active	NO
7	U51909WB1998PLC086693	TRANSMISSION AND DISTRIBUTION (INDIA) LIMITED	Director	3/3/2007	3/3/2007	-	Active	NO
8	U29248WB2007PTC117160	SUPREME GRIDTECH PRIVATE LIMITED	Director	13/07/2007	13/07/2007	-	Active	NO
9	U45201WB2007PTC117471	BUILDING BLOCKS PRIVATE LIMITED	Director	26/07/2007	26/07/2007	-	Active	NO
10	U70101WB2007PTC117693	BRICK AND MORTAR REALTY PRIVATE LIMITED	Director	7/8/2007	7/8/2007	29/01/2010	Active	NO
11	U72200WB2008PTC128904	NETWINGS INFOTECH PRIVATE LIMITED	Additional director	12/11/2009	12/11/2009	-	Active	NO
12	U74899DL1986PTC023649	SOLAR ENGINEERING PRIVATE LIMITED	Director	23/04/2010	23/04/2010	-	Active	NO
13	U51109WB2008PTC125774	PATRON TRADECOM PRIVATE LIMITED	Director	14/11/2011	14/11/2011	-	Active	NO

Name :

Mr. Ramesh Rani Agarwal

Designation :

Director

Address :

22/2A, Ray Street, Kolkata – 700020, West Bengal, India

Date of Birth/Age :

04.04.1940

Date of Appointment :

20.03.2006

DIN :

00598058

Name :

Mr. Rajesh Agarwal

Designation :

Director

Address :

66A, Chakraberia Road [North], Kolkata – 700020, West Bengal, India

Date of Birth/Age :

10.04.1961

Date of Appointment :

01.12.2006

DIN :

00598815

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	U27104WB1991PTC052477	SUPREME ELECTROTECH PRIVATE LIMITED	Director	28/12/1993	28/12/1993	Active	NO
2	U51109WB1997PTC085048	POWERLINE EXPORTS PRIVATE LIMITED	Director	31/07/1997	31/07/1997	Active	NO
3	U72900WB2000PTC091249	WEB SPIDDERS (INDIA) PRIVATE LIMITED	Director	8/3/2000	8/3/2000	Active	NO
4	U72200WB2000PTC091872	WEB SPIDERS PRIVATE LIMITED	Director	23/05/2000	23/05/2000	Active	NO
5	U27106WB1993PLC058995	M C INDUSTRIES LIMITED	Director	20/03/2005	20/03/2005	Active	NO
6	U51909WB1998PLC086693	TRANSMISSION AND DISTRIBUTION (INDIA) LIMITED	Director	3/3/2007	3/3/2007	Active	NO
7	U31909WB1989PTC047305	TECHNO POWER SERVICES PRIVATE LIMITED	Director	21/05/2007	21/05/2007	Active	NO
8	U45201WB2007PTC117471	BUILDING BLOCKS PRIVATE LIMITED	Director	26/07/2007	26/07/2007	Active	NO
9	U70101WB2007PTC117693	BRICK AND MORTAR REALTY PRIVATE LIMITED	Director	7/8/2007	7/8/2007	Active	NO
10	U61100WB2009PTC139916	NAUTICAL MARINE AGENCY PRIVATE LIMITED	Director	4/12/2009	4/12/2009	Active	NO
11	U74899DL1986PTC023649	SOLAR ENGINEERING PRIVATE LTD	Director	23/04/2010	23/04/2010	Active	NO
12	U74140WB2004PTC099998	DEVANSHI CONSULTANTS PRIVATE LIMITED	Director	27/11/2010	27/11/2010	Active	NO
13	U29248WB2007PTC117160	SUPREME GRIDTECH PRIVATE LIMITED	Director	17/01/2011	17/01/2011	Active	NO
14	U51109WB2008PTC125774	PATRON TRADECOM PRIVATE LIMITED	Director	14/11/2011	14/11/2011	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2011

Names of Shareholders		No. of Shares
Rajesh Agarwal		3094500
Omkar Agarwal		2274900
Harish Agarwal		2675900
Devansi Consultancy Private Limited, India		6130000
Tirumala Barter Private Limited, India		1550000
Ramesh Rani Agarwal		430100
Kavita Agarwal		344000
Sudha Agarwal		100
Rekha Agarwal		100
Total		16499600

As on 30.09.2011

Equity Share Breakup		Percentage of Holding
Category
Bodies corporate		46.54
Directors or relatives of directors		53.46
Total		100.00

BUSINESS DETAILS

Line of Business :	Manufacturer and Exporter of Electrical Goods.

Products :	Aerial Bundle Conductor Fittings Insulator Hardware Fittings Insulator String Hardware Accessories for EHV Line Line Hardware Transmission Towers Optical Fiber and ADSS Accessories 1200KV Transmission Kline and Substation Anchoring Solution

Exports :
Products :	Electrical Goods
Countries :	Middle East South Africa

Imports :
Products :	Rwa Material
Countries :	China
Terms :
Selling :	Cash / Credit

Purchasing :	Cash / Credit

PRODUCTION STATUS (As on 31.03.2009)

Particulars	Unit	Actual Production
Galvanised Steel Fabrication, Alluminium, Copper, Plastic and Rubber Accessories	MT	25000

GENERAL INFORMATION

Customers :

Wholesalers
Retailers
End Users

No. of Employees :

150 [In Office + in Factory] Approximately

Bankers :

Oriental Bank of Commerce, Park Street Branch, 107/1, Park Street, 1^st Floor, Kolkata-700 016, West Bengal, India
Bank of India, Kolkata Corporate Banking Branch, 5, B. T. M. Sarani, Kolkata-700001, West Bengal, India
UCO Bank, Industrial Finance Branch, 3 N. S. Road, Kolkata – 700 001, West Bengal, India
Vijaya Bank, N S Road Branch, A – 1, Gillanders House, 8, Kolkata – 700001, West Bengal, India
Indian Overseas Bank, P-35, India Exchange Place, Kolkata – 700 001, West Bengal
Axis Bank, Corporate Banking Branch (CBB), 1, Shakespeare Sarani, Ac Market, 3rd Floor, Kolkata – 700071, West Bengal, India

Facilities :

Secured Loans :	31.03.2010 Rs. in Millions	31.03.2009 Rs. in Millions
From Bank
Cash Credit	230.590	154.255
Packing Credit Loan	243.664	119.948
Bills Purchase (Export)	0.000	0.000
Against LC	226.827	243.815
Against Order	32.001	14.334
Bills Purchase (Export)	0.000	0.000
Against LC	87.502	29.687
Working Capital Demand Loan	70.053	0.000
Term Loan	30.058	19.049
Car and Vehicle Loan	1.958	2.345
Total	922.653	583.433

Unsecured Loans :	31.03.2010 Rs. in Millions	31.03.2009 Rs. in Millions
From Financial Institutions (Facoring)	6.106	27.850
From a Shareholder	6.700	7.000
Total	12.806	34.850


Banking Relations :	-

Auditors :
Name :	B K Sahoo and Company Chartered Accountants
Address :	7B, Moore Avenue, Regent Park, Kolkata – 700040, West Bengal, India
Tel. No.:	91-33-32402875
Mobile No.:	91-931121870/9831021870
Fax No.:	91-33-24117233
E-Mail :	bijaya.bk@gmail.com
Pan No.:	AAGFB9003L

Subsidiaries :	Supreme and Company Inc, USA Energy Limited, Hong Kong Supreme Mid-East FZE, UAE Afro- Indo Traders Limited

CAPITAL STRUCTURE

As on 30.09.2011

Authorised Capital :

No. of Shares	Type	Value	Amount

20,000,000	Equity Shares	Rs. 10/- each	Rs.200.000 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount

16,499,600	Equity Shares	Rs. 10/- each	Rs.164.996 millions

As on 31.03.2010

Authorised Capital :

No. of Shares	Type	Value	Amount

14,000,000	Equity Shares	Rs. 10/- each	Rs.140.000 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount

14,349,600	Equity Shares	Rs. 10/- each	Rs.143.496 millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2010	31.03.2009	31.03.2008
SHAREHOLDERS FUNDS
1] Share Capital		143.496	121.196	98.196
2] Share Application Money		5.000	5.000	0.000
3] Reserves & Surplus		120.354	83.984	59.304
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		268.850	210.180	157.500
LOAN FUNDS
1] Secured Loans		922.653	583.433	425.262
2] Unsecured Loans		12.806	34.850	67.878
TOTAL BORROWING		935.459	618.283	493.140
DEFERRED TAX LIABILITIES		0.967	0.446	0.001

TOTAL		1205.276	828.909	650.641

APPLICATION OF FUNDS

FIXED ASSETS [Net Block]		115.862	94.901	42.419
Capital work-in-progress		14.890	0.000	16.819

INVESTMENT		14.123	12.509	11.019
DEFERREX TAX ASSETS		0.000	0.000	0.000

CURRENT ASSETS, LOANS & ADVANCES
	Inventories	362.242	225.428	265.487
	Sundry Debtors	639.544	567.380	416.681
	Cash & Bank Balances	229.723	97.299	65.907
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	271.137	249.996	196.217
Total Current Assets		1502.646	1140.103	944.292
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	442.245	418.604	363.908
	Other Current Liabilities	0.000	0.000	0.000
	Provisions	0.000	0.000	0.000
Total Current Liabilities		442.245	418.604	363.908
Net Current Assets		1060.401	721.499	580.384

MISCELLANEOUS EXPENSES		0.000	0.000	0.000

TOTAL		1205.276	828.909	650.641

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2010	31.03.2009	31.03.2008
	SALES
		Income		1763.565	1251.477
		Other Income		67.972	34.531
		TOTAL (A)	NA	1831.537	1286.008

Less	EXPENSES
		Raw Material Consumed		1064.626	883.365
		Trading Purchase		202.521	0.000
		Manufacturing Expenses		165.595	185.358
		Administrative Expenses	NA	199.727	149.920
		Employee Cost		20.443	17.391
		Increase/(Decrease) in Finished Goods		45.698	(30.811)
		TOTAL (B)	NA	1698.610	1205.223

Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		NA	132.927	80.785

Less	FINANCIAL EXPENSES (D)		NA	85.225	49.589

	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		NA	47.702	31.196

Less/ Add	DEPRECIATION/ AMORTISATION (F)		NA	7.594	6.453

	PROFIT BEFORE TAX (E-F) (G)		55.890	40.108	24.743

Less	TAX (H)		19.520	15.428	8.800

	PROFIT AFTER TAX (G-H) (I)		36.370	24.680	15.943

Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		83.984	59.304	43.360

	BALANCE CARRIED TO THE B/S		120.354	83.984	59.304

	Earnings Per Share (Rs.)		2.84	-	-

Particulars

31.03.2011

Sales Turnover [Approximately]

2500.000

Expected Sales (2011-2012) : Rs.3000.000 millions

The above information has been parted by Mr. Sanjay [Accounts Manager]

KEY RATIOS

PARTICULARS		31.03.2010	31.03.2009	31.03.2008
PAT / Total Income	(%)	NA	1.35	1.24

Net Profit Margin (PBT/Sales)	(%)	NA	2.27	1.97

Return on Total Assets (PBT/Total Assets}	(%)	2.87	3.25	2.51

Return on Investment (ROI) (PBT/Networth)		0.21	0.19	0.16

Debt Equity Ratio (Total Liability/Networth)		1.47	4.93	5.44

Current Ratio (Current Asset/Current Liability)		3.40	2.72	2.59

LOCAL AGENCY FURTHER INFORMATION

Check List by Info Agents	Available in Report [Yes/No]
Year of Establishment	Yes
Locality of the Firm	Yes
Construction of the firm	Yes
Premises details	Yes
Type of Business	Yes
Line of Business	Yes
Promoters background	-
No. of Employees	Yes
Name of Person Contacted	Yes
Designation of contact person	Yes
Turnover of firm for last two years	Yes
Profitability for last three years	No
Reasons for variation <> 20%	-
Estimation for coming financial year	Yes
Capital the business	Yes
Details of sister concerns	Yes
Major Suppliers	No
Major Customers	No
Payment Terms	Yes
Export / Import Details [If Applicable]	Yes
Market Information	-
Litigations that the firm / promoter involved in	-
Banking Details	Yes
Banking Facility Details	No
Conduct of the banking account	-
Buyer visit details	-
Financials, if provided	No
Incorporation details, if applicable	-
Last accounts filed at ROC	-
Major Shareholders, if applicable	-

NOTE: The Registered Office of the company has been shifted from 53, Justice Chandra Madhav Road, Kolkata – 700020, West Bengal, India to 33/1, N S Road, 339, Kolkata – 700001, West Bengal, India to the present address w.e.f. 01.05.2008.

Bankers Charges Report as per Registry

Corporate identity number of the company	U24116WB1978PTC031466
Name of the company	SUPREME AND COMPANY PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	33/1, Netaji Subhas Road, 3rd Floor, Room No - 339, Kolkata – 700001, West Bengal, India
This form is for	Creation of charge
Type of charge	Immovable Property
Particular of charge holder	Axis Bank, Corporate Banking Branch (CBB), 1, Shakespeare Sarani, Ac Market, 3rd Floor, Kolkata – 700071, West Bengal, India Email : Siddhartha.Saha@axisbank.com
Nature of instrument creating charge	No Instrument, Oral Assent (Memorandum of Entry)
Date of instrument Creating the charge	08.07.2011
Amount secured by the charge	Rs.44.500 millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of Interest - Interest will be charged at Base Rate + 4%, i.e. 13.75% p.a. payable with monthly rests. Terms of Repayment - Cash Credit repayable on demand. Margin – Stocks: 25%, Book Debts (Cover period 90 days): 25%, Letter of Credit (Inland / Import): 15% in cash / FD pledged to the Bank, Bank Guarantee (Inland): 15% in cash/ FD pledged to the Bank. Extent and Operation of the charge - Equitable mortgage over immovable property of the company. Others – Amount Secured by the Charged:- Facilities Amount Cash Credit Limit of Rs.40.000 millions Letter of Credit Limit of (Rs.30.000 millions) (Sub limit of CC limit), Bank Guarantee Limit of Rs. 4.500 millions Total Limit Rs.44.500 millions Credit facilities granted to M/s Techno Power Services Private Limited for Rs.44.500 millions
Short particulars of the property or asset(s) charged (including complete address and location of the property)	All that the agricultural land being Doba Land measuring about 2.75 Decimals in L.R.Dag. No.102, Danga Land measuring about 16.75 Decimals in L.R.Dag No.103, Doba Land measuring About 2.75 Decimals in L.R. Dag No.145, Danga Land measuring about 3.75 Decimals in L.R.Dag No.146, Danga land measuring about 10.5 Decimals in L.R.Dag No.148, Danga Land Measuring about 8.75 Decimals in L.R. Dag No.149, Danga land measuring 20.75 Decimals in L.R.Dag No.150 and Sali Land measuring about 14 Decimals in L.R.Dag No.151 aggregating 80 Decimals under Khatian Nos.880/1, 754/2 and 341/1, at Mouza - Surikhali, J.L. No.98 in the District of Howrah. Credit facilities granted to Techno Power Services Private Limited for Rs.44.500 millions

Name of the company	SUPREME AND COMPANY PRIVATE LIMITED
Presented By	UCO Bank, Industrial Finance Branch, 3, N S Road, Kolkata – 700 091, and the company.
1) Date and description of instrument creating the change	1. Hypothecation agreement of goods (Form no. A – 9) for demand cash credit of Rs. 50.000 millions dated 24.09.2005 2. Hypothecation agreement of book debts (Form no. A – 9B) for demand cash credit of Rs. 50.000 millions dated 24.09.2005 3. Demand promissory note (Form No. A.3) for cash credit of Rs. 50.000 millions dated 24.09.2005 4. Hypothecation agreement (Form no. A. 9A) for term loan of Rs. 30.000 millions dated 24.09.2005 5. Hypothecation agreement (Form no. A – 9B) of book debts for term loan of Rs. 30.000 millions dated 24.09.2005 6. Agreement for term loan of Rs. 30.000 millions (Form no. A – 109) dated 24.09.2005 7. Hypothecation agreement (Form no. A – 9A(R) of movable plant and machinery , equipments etc for Rs. 80.000 millions dated 24.09.2005
2) Amount secured by the charge/amount owing on the securities of charge	Term loan : Rs. 30.000 millions Cash credit : Rs. 50.000 millions, Total limit : Rs. 80.000 millions
3) Short particular of the property charged. If the property acquired is subject to charge, date of the acquired of the property should be given	1. The company hereby creates exclusive first charge on the current assets of the company by hypothecating the entire stocks of raw materials, WIP, and finished goods, stores and spares and other movables, both present and future stored or to be stored at the company’s premises godowns / factory situated at NH – 6, Bombay Road, Mouza, Chamrail, P S Liluah, Dist – Howrah, West Bengal, India 2. The company hereby assigns by way of exclusive first charge of all the present and future book debts, bills, money receivables, etc. of the company’s factory situated at NH – 6, Bombay Road, Mouza, Chamrail, P S Liluah, District – Howrah, West Bengal, India 3. The company hereby creates exclusive first charge on the entire movable and immovable assets like plant and machinery, equipments, appliances, tools, shed, structures etc. both presewnt and future, installed or to be installed out of the Term loan, at the company’s factory situated at NH – 6, Bombay Road, Mouza, Chamrail, P S Liluah, District – Howrah, West Bengal, India.
4) Gist of the terms and conditions and extent and operation of the charge.	1. Rate of Interest Term loan: @ BPLR i.e. 11% p.a. Cash credit: @ BPLR i.e. 11% p.a. 2. Margin Term loan : @24.24% Cash credit : For 1 Year 3. Period Term loan : 84 months Cash credit : For 1 Year 4. Mode of repayment Term loan: Repayable in 84 monthly installments. Cash credit: On demand
5) Name and Address and description of the person entitled to the charge.	UCO Bank, Industrial Finance Branch, 3, N S Road, Kolkata – 700 091, West Bengal, India
6) Date and brief description of instrument modifying the charge	Nil
7) Particulars of modifications specifying the terms and conditions or the extent of operations of the charge in which modification is made and the details of the modification.	Nil

This form is for	Modification of charge
Charge identification number of the charge to be modified	10198475
Corporate identity number of the company	U24116WB1978PTC031466
Name of the company	SUPREME AND COMPANY PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	33/1, Netaji Subhas Road, 3^rd Floor, Room No. 339, Kolkata-700001, West Bengal, India.
Type of charge	Movable property (not being pledge)
Particular of charge holder	Bank of India, Kolkata Corporate Banking Branch, 5, B.T.M. Sarani, Kolkata – 700001, West Bengal, India E-mail ID: corporatebanking.kolkata@bankofindia.co.in
Nature of description of the instrument creating or modifying the charge	Supplemental deed of hypothecation of tangible movable property.
Date of instrument Creating the charge	16.12.2009
Amount secured by the charge	Rs. 200.000 millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest: Interest will be charged at 2.75% below BPLR, Presently effective of 9.25% p.a. payable at monthly rests or at such other rate as may be notified by bank from time to time. Terms of repayment - On demand. Margin - EPC: 25%, LC (I/F) DA- 120 days: 10%. Extent operation of the charge EPC Security: Hypothecation of stocks comprising of Cables, transformers, fuses and structures procured by the dedicated suppliers of the company for which the company will have to pay advance to those dedicated manufacturer suppliers.
Short particulars of the property charged	1) All movable and tangible assets borrowers International Trading Division such as Cable, Conductor, Fuses, Transformers, Structures and other electrical products and other stocks etc. 2) Created out of the bank finance, kept in company's factory premises, godown, its dedicated manufacture suppliers factory premises, godowns and or where so ever in transit.
Particulars of the present modification	By this modification, the overall limit has been increased/ realigned/ revised from Rs.100.000 millions to Rs.200.000 millions. The details of limits are as under:- Facility Revised Limits FB EPC (LC) Rs.100.000 millions NFB LC (I/F) DA - 120 days Rs.100.000 millions Total/ Maximum (WC) Rs.200.000 millions Other terms and condition remain unchanged.

Trade References :

Bihar Estate Electricity Board
Sun Rolling Mill

FIXED ASSETS:

Land
Building and Shed
Plant and Machinery
Office Equipment
Computer
Furniture and Fixture
Motor And Commercial Vehicle
Air Conditioner
Office Building

WEBSITE DETAILS:

History

Subject was incorporated on 26^th April, 1978 at Kolkata in West Bengal having company registration number 21-31466.

Subject was originally incorporated under the name and style of Sawalka Chemicals Limited later on which was changed to Asian Auto tech Limited with effect from 21^st June, 1985.

Established in 1970 as a Fasteners manufacturing unit, the company has been exporting its products since 1975 and has since evolved into India’s leading manufacturer and exporter of products for Power Transmission and Distribution, Construction, Railways, Telecom and Engineering Industries.

The company accreditation was upgraded from ISO - 9002 to ISO 9001:2000 series which represents enhance capabilities as well as better compliance to quality standards.

Business

Subject is engaged in manufacturing and exporting of Poleline Hardware, Telecom OSP Fittings, ABC Fittings, Fittings for OFAC System, Fittings for OPGW System, Anchoring, Substation Connector, Guy Strain and Polymeric, Insulator End Fittings, Insulator Hardware Fittings, Earthing and Protection Accessories, Helical Product, Compression Connector, Clamp and Connector, Suspension and Tension String Assembly, Connector for Heat Shrink Joints and Terminations, Conductor.

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.49.68
UK Pound	1	Rs.78.17
Euro	1	Rs.65.51

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	7
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	7
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	6
--LEVERAGE	1~10	6
--RESERVES	1~10	6
--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	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		53

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.

MIRA INFORM REPORT

362.242

225.428

265.487

639.544

567.380

416.681

229.723

97.299

65.907

0.000

0.000

0.000

271.137

249.996

196.217

1502.646

1140.103

944.292

442.245

418.604

363.908

0.000

0.000

0.000

0.000

0.000

0.000

442.245

418.604

363.908

1060.401

721.499

580.384

NA

1.35

1.24

NA

2.27

1.97

2.87

3.25

2.51

0.21

0.19

0.16

1.47

4.93

5.44

3.40

2.72

2.59

Unit