1. Summary Information

		Country	India
Company Name	SMS INFRASTRUCTURE LIMITED	Principal Name 1	Mr. Abhaykumar H. Sancheti
Status	Good	Principal Name 2	Mr. Ajay Shaktikumar Sancheti
		Registration #	11-107906
Street Address	267, Ganesh Phadnavis Bhavan, Near Triangular Park, Dharam Peth, Nagpur – 440010, Maharashtra
Established Date	08.05.1997	SIC Code	--
Telephone#	91-712-2551952 / 2525410	Business Style 1	The Company is engaged in the business of construction and commissioning and Lump Sum Turn Key facilities in various infrastructure projects.
Fax #	91-712-2544039	Business Style 2	-
Homepage	http://www.smsl.co.in	Product Name 1	-
# of employees	Not Available	Product Name 2	-
Paid up capital	Rs. 95,370,510/-	Product Name 3	-
Shareholders	Bodies Corporate-21% / Directors or relatives of Directors-79%	Banking	State Bank of Indore
Public Limited Corp.	No	Business Period	15 Years
IPO	No	International Ins.	-
Public Enterprise	No	Rating	Ba [51]
Related Company
Relation	Country	Company Name	CEO
Subsidiary	-	SMS Vidhyut Private Limited	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2011		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	5,397,644,000	Current Liabilities	1,526,580,000
Inventories	0,000	Long-term Liabilities	4,417,830,000
Fixed Assets	2,010,060,000	Other Liabilities	125,088,000
Deferred Assets	0,000	Total Liabilities	6,069,498,000
Invest& other Assets	1,363,946,000	Retained Earnings	2,606,782,000
		Net Worth	2,702,152,000
Total Assets	8,771,650,000	Total Liab. & Equity	8,771,650,000
Total Assets (Previous Year)	7,531,909,000
P/L Statement as of	31.03.2011		(Unit: Indian Rs.)
Sales	10,527,027,000	Net Profit	480,088,000
Sales(Previous yr)	8,140,739,000	Net Profit(Prev.yr)	915,541,000

MIRA INFORM REPORT

Report Date :

02.02.2012

IDENTIFICATION DETAILS

Name :	SMS INFRASTRUCTURE LIMITED [w.e.f. 28.11.2005]
Formerly Known As :	SHAKTIKUMAR M. SANCHETI LIMITED
Registered Office :	267, Ganesh Phadnavis Bhavan, Near Triangular Park, Dharam Peth, Nagpur – 440010, Maharashtra
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	08.05.1997
Com. Reg. No.:	11-107906
Capital Investment / Paid-up Capital :	Rs.95.370 Millions
CIN No.: [Company Identification No.]	U45201MH1997PLC107906
TAN No.: [Tax Deduction & Collection Account No.]	NGPS00596B
PAN No.: [Permanent Account No.]	AACCS9854P
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	The Company is engaged in the business of construction and commissioning and Lump Sum Turn Key facilities in various infrastructure projects.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (51)

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

Maximum Credit Limit :	USD 10800000
Status :	Good
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is a well established company having fine track. General financial position is good. Trade relations are reported as fair. Business is active. Payments are reported to be usually correct and as per commitments. The company can be considered normal for business dealings at usual trade terms and conditions.

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

ECGC Country Risk Classification List – September 30, 2011

Country Name	Previous Rating (30.06.2011)	Current Rating (30.09.2011)
India	A1	A1

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

LOCATIONS

Registered Office :	267, Ganesh Phadnavis Bhavan, Near Triangular Park, Dharam Peth, Nagpur – 440010, Maharashtra, India
Tel. No.:	91-712-2551952 / 2525410 / 2551953
Fax No.:	91-712-2544039
E-Mail :	sanbros_ngp@sancharnet.in sms.mca21@gmail.com
Website :	http://www.smsl.co.in
Corporate Office :	20, IT Park, Parsodi, Nagpur – 440022, Maharashtra, India
Tel. No.:	91 - 712 - 6665000, 6665200
Fax No.:	91 - 712 - 6665100
Site Office 1 :	Vidharbha Enviro Protection Limited CHW- 01, Mandva Village, Butibori, District Nagpur, Maharashtra, India
Tel. No.:	91 - 7104-202493
Site Office 2 :	Maharashtra Enviro Power Limited Plot No. P- 56, Ranjangaon, Taluka Shirur, District Pune - 412 220, Maharashtra, India
Tel. No.:	91 - 2138 - 670344
Fax No.:	91 - 2138 - 670350
Divisional Office 1 :	Pune: 03-04, A-Wing, 1st Floor, Khodyar Apartment, Shankar Rao Mahajan Path, Off Fergusson College Road, Shivaji Nagar, Pune-411 005, Maharashtra, India
Tel. No.:	91-20-65619988
Fax No.:	91-20-66200525, 40079063
Divisional Office 2 :	Delhi: 405, 4th Floor, 32-33, Kusal Bazar, Nehru Place, New Delhi- 110 019, India
Tel. No.:	91 - 11-41319903/04, 46517251/52/53
Fax No.:	91 - 11-46517250
Divisional Office 3 :	Aurangabad: Bharat Bajar, Commercial Complex, I-Wing, 2nd Floor, Plot No. P 72/6 - 7, Chikhalthana, Aurangabad - 431 001, Maharashtra, India
Tel. No.:	91 -240 - 2473047
Fax No.:	91 -240-2470145

DIRECTORS

As on 21.09.2011

Name :

Mr. Abhaykumar H. Sancheti

Designation :

Whole-time Director

Address :

Plot No.45, Sashwath, Hill Road, Shivali Nagar, Nagpur – 440010, Maharashtra, India

Date of Birth/Age :

29.07.1959

Date of Appointment :

08.05.1997

DIN :

01654073

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	U45201MH1997PLC107906	SMS INFRASTRUCTURE LIMITED	Whole-time director	1/11/2010	8/5/1997	-	Active	NO
2	U73100MH1995PTC088814	MEDICO RESEARCH AND IMAGING (INDIA) PRIVATE LIMITED	Managing director	30/06/1997	30/06/1997	22/10/2008	Active	NO
3	U45203CT1997PTC012220	SMS SHIVNATH INFRASTRUCTURE PRIVATE LIMITED	Director	13/08/1997	13/08/1997	15/10/2007	Active	NO
4	U04520CT2000PTC014243	VEETRAG DEVELOPERS PRIVATE LIMITED	Director	29/05/2000	29/05/2000	-	Active	NO
5	U02000MH1996PTC098330	SAN COMMERCIALS PRIVATE LIMITED	Director	1/9/2000	1/9/2000	-	Active	YES
6	U45200MH2000PTC128791	VEET RAG HOMES PRIVATE LIMITED	Director	20/09/2000	20/09/2000	-	Active	NO
7	U45200MH2000PTC128801	MPA INFRASTRUCTURE PRIVATE LIMITED	Director	21/09/2000	21/09/2000	-	Strike off	NO
8	U45203MH2000PTC128821	VALENCIA CONSTRUCTIONS PRIVATE LIMITED	Director	22/09/2000	22/09/2000	-	Dormant	NO
9	U40105MH2005PLC150780	MAHARASHTRA ENVIRO POWER LIMITED	Director	20/01/2005	20/01/2005	20/05/2008	Active	NO
10	U40105MH2005PLC150784	VIDARBHA ENVIRO PROTECTION LIMITED	Director	24/01/2005	24/01/2005	20/05/2008	Active	NO
11	U45200MH2005PLC152068	SHAKTIKUMAR M.SANCHETI INFRASTRUCTURE AND DEVELOPERS LIMITED	Director	18/03/2005	18/03/2005	-	Strike off	NO
12	U74930MH2005PTC156774	SMS ENVOCLEAN PRIVATE LIMITED	Director	17/10/2005	17/10/2005	19/11/2007	Active	NO
13	U40101MH2006PTC166038	SMS VIDHYUT PRIVATE LIMITED	Director	6/12/2006	6/12/2006	-	Active	NO
14	U14200MH2007PTC170870	SMS MINE DEVELOPERS PRIVTAE LIMITED	Director	16/05/2007	16/05/2007	-	Active	NO
15	U74900MH2007PLC172774	SMS ENVOCARE LIMITED	Director	1/8/2007	1/8/2007	-	Active	NO
16	U45400MH2007PLC172869	SMS TOLLS AND DEVELOPERS LIMITED	Director	6/8/2007	6/8/2007	-	Active	NO
17	U74999MH2008PTC178827	SMS PARKING SOLUTIONS PRIVATE LIMITED	Director	12/2/2008	12/2/2008	-	Active	NO
18	U85190MH2008NPL187652	SMS MULTI OBJECTIVE ORGANISATION	Director	20/10/2008	20/10/2008	-	Active	NO

Name :

Mr. Ajay Shaktikumar Sancheti

Designation :

Managing Director

Address :

267, Ganesh Phadnavis Bhavan, Near Triangular Park, Dharam Peth, Nagpur – 440010, Maharashtra, India

Date of Birth/Age :

22.10.1965

Date of Appointment :

27.12.2010

DIN :

00953304

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	U45201MH1997PLC107906	SMS INFRASTRUCTURE LIMITED	Managing director	21/09/2011	8/5/1997	-	Active	NO
2	U45203CT1997PTC012220	SMS SHIVNATH INFRASTRUCTURE PRIVATE LIMITED	Director	13/08/1997	13/08/1997	21/08/2007	Active	NO
3	U04520CT2000PTC014243	VEETRAG DEVELOPERS PRIVATE LIMITED	Director	29/05/2000	29/05/2000	-	Active	NO
4	U02000MH1996PTC098330	SAN COMMERCIALS PRIVATE LIMITED	Director	1/9/2000	1/9/2000	-	Active	YES
5	U45200MH2000PTC128791	VEET RAG HOMES PRIVATE LIMITED	Director	15/02/2007	20/09/2000	-	Active	NO
6	U45200MH2000PTC128801	MPA INFRASTRUCTURE PRIVATE LIMITED	Director	21/09/2000	21/09/2000	-	Strike off	NO
7	U45203MH2000PTC128821	VALENCIA CONSTRUCTIONS PRIVATE LIMITED	Director	22/09/2000	22/09/2000	-	Dormant	NO
8	U40105MH2005PLC150780	MAHARASHTRA ENVIRO POWER LIMITED	Director	20/01/2005	20/01/2005	29/06/2007	Active	NO
9	U40105MH2005PLC150784	VIDARBHA ENVIRO PROTECTION LIMITED	Director	24/01/2005	24/01/2005	29/06/2007	Active	NO
10	U45200MH2005PLC152068	SHAKTIKUMAR M.SANCHETI INFRASTRUCTURE AND DEVELOPERS LIMITED	Director	18/03/2005	18/03/2005	-	Strike off	NO
11	U74930MH2005PTC156774	SMS ENVOCLEAN PRIVATE LIMITED	Director	17/10/2005	17/10/2005	15/10/2007	Active	NO
12	U40101MH2006PTC166038	SMS VIDHYUT PRIVATE LIMITED	Director	6/12/2006	6/12/2006	18/05/2007	Active	NO
13	U14200MH2007PTC170870	SMS MINE DEVELOPERS PRIVTAE LIMITED	Director	16/05/2007	16/05/2007	-	Active	NO
14	U74900MH2007PLC172774	SMS ENVOCARE LIMITED	Director	1/8/2007	1/8/2007	8/11/2010	Active	NO
15	U45400MH2007PLC172869	SMS TOLLS AND DEVELOPERS LIMITED	Director	6/8/2007	6/8/2007	-	Active	NO
16	U74999MH2008PTC178827	SMS PARKING SOLUTIONS PRIVATE LIMITED	Director	12/2/2008	12/2/2008	-	Active	NO
17	U13200MH2008PTC186685	SOLAR BHATGAON EXTENSION MINES PRIVATE LIMITED	Director	26/09/2009	22/09/2008	-	Active	NO
18	U85190MH2008NPL187652	SMS MULTI OBJECTIVE ORGANISATION	Director	20/10/2008	20/10/2008	-	Active	NO
19	U14200CT2008PTC020928	BHATGAON EXTENSION MINES PRIVATE LIMITED	Director	15/01/2009	15/01/2009	-	Active	NO
20	U14200CT2008PTC020929	BHATGAON MINES PRIVATE LIMITED	Managing director	15/01/2009	15/01/2009	-	Active	NO
21	U13209MH2008PTC186729	SMS BHATGAON MINES EXTENSION PRIVATE LIMITED	Director	28/09/2010	23/02/2010	-	Active	NO
22	U63090MH2010PTC209882	CENIN TOURS AND TRAVELS COMPANY PRIVATE LIMITED	Director	8/11/2010	8/11/2010	20/12/2010	Active	NO

Name :

Mr. Anand Shaktikumar Sancheti

Designation :

Whole-time Director

Address :

267, Ganesh Phadnavis Bhavan, Near Triangular Park, Dharam Peth, Nagpur – 440010, Maharashtra, India

Date of Birth/Age :

16.09.1971

Date of Appointment :

08.05.1997

DIN :

00953362

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	U45201MH1997PLC107906	SMS INFRASTRUCTURE LIMITED	Managing director	11/8/2010	8/5/1997	-	Active	NO
2	U45203CT1997PTC012220	SMS SHIVNATH INFRASTRUCTURE PRIVATE LIMITED	Managing director	1/11/2006	13/08/1997	-	Active	NO
3	U04520CT2000PTC014243	VEETRAG DEVELOPERS PRIVATE LIMITED	Director	29/05/2000	29/05/2000	-	Active	NO
4	U02000MH1996PTC098330	SAN COMMERCIALS PRIVATE LIMITED	Director	1/9/2000	1/9/2000	-	Active	YES
5	U45200MH2000PTC128791	VEET RAG HOMES PRIVATE LIMITED	Director	15/02/2007	20/09/2000	-	Active	NO
6	U45200MH2000PTC128801	MPA INFRASTRUCTURE PRIVATE LIMITED	Director	21/09/2000	21/09/2000	-	Strike off	NO
7	U45203MH2000PTC128821	VALENCIA CONSTRUCTIONS PRIVATE LIMITED	Director	22/09/2000	22/09/2000	-	Dormant	NO
8	U45203RJ2002PLC018003	RCCL INFRASTRUCTURE LIMITED	Director	16/07/2003	16/07/2003	1/9/2011	Active	NO
9	U40105MH2005PLC150780	MAHARASHTRA ENVIRO POWER LIMITED	Director	20/01/2005	20/01/2005	26/07/2011	Active	NO
10	U40105MH2005PLC150784	VIDARBHA ENVIRO PROTECTION LIMITED	Director	24/01/2005	24/01/2005	6/8/2011	Active	NO
11	U45200MH2005PLC152068	SHAKTIKUMAR M.SANCHETI INFRASTRUCTURE AND DEVELOPERS LIMITED	Director	18/03/2005	18/03/2005	-	Strike off	NO
12	U34300MH2005PTC152136	RISHIK MOTORS (INDIA) PRIVATE LIMITED	Director	22/03/2005	22/03/2005	-	Active	NO
13	U34300MH2005PTC154569	SANBROS SPARES PRIVATE LIMITED	Director	7/7/2005	7/7/2005	-	Active	NO
14	U74930MH2005PTC156774	SMS ENVOCLEAN PRIVATE LIMITED	Director	14/05/2008	17/10/2005	16/07/2011	Active	NO
15	U40101MH2006PTC166038	SMS VIDHYUT PRIVATE LIMITED	Director	6/12/2006	6/12/2006	4/8/2011	Active	NO
16	U74900MH2007PTC170737	SMS ENVOPROTECT PRIVATE LIMITED	Director	10/5/2007	10/5/2007	-	Strike off	NO
17	U01211MH2007PTC170838	GORAKSHAN LAND DEVELOPMENT PRIVATE LIMITED	Director	15/05/2007	15/05/2007	-	Strike off	NO
18	U14200MH2007PTC170870	SMS MINE DEVELOPERS PRIVTAE LIMITED	Director	16/05/2007	16/05/2007	-	Active	NO
19	U74999MH2006PTC166039	SMS WALUJ CETP PRIVATE LIMITED	Director	1/6/2007	1/6/2007	6/8/2011	Active	NO
20	U74900MH2007PLC172774	SMS ENVOCARE LIMITED	Director	1/8/2007	1/8/2007	-	Active	NO
21	U45400MH2007PLC172869	SMS TOLLS AND DEVELOPERS LIMITED	Director	6/8/2007	6/8/2007	-	Active	NO
22	U74999MH2005PTC154244	BUTIBORI CETP PRIVATE LIMITED	Director	25/09/2007	25/09/2007	26/08/2008	Active	NO
23	U65990MH1992PTC069184	ARD CONSULTANTS PRIVATE LIMITED	Director	26/10/2007	26/10/2007	-	Active	NO
24	U74999MH2008PTC178827	SMS PARKING SOLUTIONS PRIVATE LIMITED	Director	12/2/2008	12/2/2008	-	Active	NO
25	U13209MH2008PTC186729	SMS BHATGAON MINES EXTENSION PRIVATE LIMITED	Additional director	19/09/2008	19/09/2008	23/02/2010	Active	NO
26	U85190MH2008NPL187652	SMS MULTI OBJECTIVE ORGANISATION	Director	20/10/2008	20/10/2008	-	Active	NO
27	U14200CT2008PTC020928	BHATGAON EXTENSION MINES PRIVATE LIMITED	Director	12/11/2008	12/11/2008	17/01/2009	Active	NO
28	U14200CT2008PTC020929	BHATGAON MINES PRIVATE LIMITED	Director	14/11/2008	14/11/2008	17/01/2009	Active	NO
29	U74900MH2009NPL189438	ATUL MULTI OBJECTIVES ORGANISATION	Director	7/1/2009	7/1/2009	-	Active	NO
30	U90001MH2009PTC195479	SMS ANAMKLEAN GREENTECH PRIVATE LIMITED	Director	3/9/2009	3/9/2009	30/07/2011	Active	NO
31	U74999MH2008PTC181232	WATER GRACE BMW PRIVATE LIMITED	Director	1/4/2010	1/4/2010	9/7/2011	Active	NO
32	U45201MH2006PTC163584	ADIANUBHAV DEVELOPERS PRIVATE LIMITED	Additional director	30/05/2011	30/05/2011	-	Active	YES
33	U60230MH2011PTC220163	SMS TAXICABS PRIVATE LIMITED	Director	26/07/2011	26/07/2011	-	Active	NO
34	U72900MH2011PTC221718	SMS INFOLINK PRIVATE LIMITED	Director	9/9/2011	9/9/2011	-	Active	NO

Name :

Mr. Anil H. Sancheti

Designation :

Director

Address :

267, Ganesh Phadnavis Bhavan, Near Triangular Park, Dharampeth, Nagpur – 440010, Maharashtra, India

Date of Birth/Age :

10.12.1964

Date of Appointment :

10.03.2010

DIN :

01841800

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	U45203CT1997PTC012220	SMS SHIVNATH INFRASTRUCTURE PRIVATE LIMITED	Director	15/10/2007	13/08/1997	4/2/2010	Active	NO
2	U45203MH1999PTC181033	PATWARDHAN INFRASTRUCTURE PRIVATE LIMITED	Director	22/02/2006	22/02/2006	-	Active	NO
3	U45201MH1997PLC107906	SMS INFRASTRUCTURE LIMITED	Director	27/09/2010	24/05/2007	-	Active	NO
4	U45400MH2007PLC172869	SMS TOLLS AND DEVELOPERS LIMITED	Director	15/10/2007	15/10/2007	-	Active	NO
5	U45203DL2011PTC218839	SMS-AAMW TOLLWAYS PRIVATE LIMITED	Director	9/5/2011	9/5/2011	-	Active	NO
6	U60230MH2011PTC220163	SMS TAXICABS PRIVATE LIMITED	Director	26/07/2011	26/07/2011	-	Active	NO
7	U45203RJ2002PLC018003	RCCL INFRASTRUCTURE LIMITED	Director	30/09/2011	1/9/2011	-	Active	NO

Name :

Mr. Dilip B. Surana

Designation :

Whole-time Director

Address :

202, Sanket Apartments, Near Dharampeth Zenda Chowk, Khare Town, Nagpur – 440010, Maharashtra, India

Date of Birth/Age :

24.05.1965

Date of Appointment :

24.05.2007

DIN :

00953495

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	U45203CT1997PTC012220	SMS SHIVNATH INFRASTRUCTURE PRIVATE LIMITED	Director	13/08/1997	13/08/1997	15/10/2007	Active	NO
2	U45201MH1997PLC107906	SMS INFRASTRUCTURE LIMITED	Whole-time director	24/05/2007	24/05/2007	-	Active	NO
3	U45203MH1999PTC181033	PATWARDHAN INFRASTRUCTURE PRIVATE LIMITED	Director	15/09/2011	15/09/2011	-	Active	NO

Name :

Mr. Ajay Kumar Lakhotia

Designation :

Director

Address :

Merlin Niket, 88-E, Babu Ram Ghosh Road, Flat 1B/C, Kolkata – 700040, West Bengal, India

Date of Birth/Age :

03.12.1959

Date of Appointment :

24.05.2007

DIN :

00634602

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	U70109WB1994PTC062040	NEST ENGINEERS PRIVATE LIMITED	Director	2/3/1994	2/3/1994	-	Active	NO
2	U21014WB1994PLC061683	SHENTRACON TEA AND PLANTATIONS LIMITED	Director	5/1/2004	5/1/2004	20/12/2010	Amalgamated	NO
3	U51909WB1994PTC063121	JORDAN REAL ESTATE PRIVATE LIMITED	Director	5/1/2004	5/1/2004	-	Active	NO
4	U51909WB1995PTC068246	SPOT TIME TRACOM PRIVATE LIMITED	Director	15/11/2006	15/11/2006	-	Active	NO
5	U65929WB1995PTC075465	FEMINA SECURITIES PRIVATE LIMITED	Director	15/11/2006	15/11/2006	10/9/2011	Active	NO
6	U51909WB1994PTC066592	KATHLEEN ENTERPRISES INDIA PRIVATE LIMITED	Director	15/11/2006	15/11/2006	-	Active	NO
7	U65929WB1995PTC075467	FEMINA INDUSTRIAL FINANCE PRIVATE LIMITED	Director	15/11/2006	15/11/2006	-	Active	NO
8	U72300WB1991PTC053615	BEST POWER PLUS PVT LTD	Director	15/11/2006	15/11/2006	-	Active	NO
9	U65929WB1995PTC075464	FEMINA SHARE MANAGEMENT SERVICES PRIVATE LIMITED	Director	15/11/2006	15/11/2006	-	Active	NO
10	U45201MH1997PLC107906	SMS INFRASTRUCTURE LIMITED	Director	24/05/2007	24/05/2007	-	Active	NO
11	U72200WB1991PTC053612	MAHADHAN ELECTRICALS AND ELECTRONICS PRIVATE LIMITED	Director	25/02/2009	25/02/2009	-	Active	NO
12	U74120WB1991PTC053728	PAMELA ADVISORY PRIVATE LIMITED	Director	24/04/2009	24/04/2009	-	Active	NO
13	U51109WB2008PTC122169	UPKAR COMMOTRADE PRIVATE LIMITED	Director	3/5/2010	3/5/2010	-	Active	NO

Name :

Mr. Anil Kumar Rathi

Designation :

Director

Address :

Shreeniketan, 52 Ambazari Hill Top, Nagpur – 440033, Maharashtra, India

Date of Birth/Age :

03.06.1954

Date of Appointment :

24.09.2004

DIN :

01874539

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	U45203CT1997PTC012220	SMS SHIVNATH INFRASTRUCTURE PRIVATE LIMITED	Director	16/03/2001	16/03/2001	30/04/2010	Active	NO
2	U45201MH1997PLC107906	SMS INFRASTRUCTURE LIMITED	Director	24/09/2004	24/09/2004	-	Active	NO
3	L15142MH1994PLC076009	MALU PAPER MILLS LIMITED	Director	29/09/2008	29/09/2008	-	Active	NO

Name :

Mr. Jugalkishor Joshi Shrikrishna

Designation :

Director

Date of Birth/Age :

06.04.1940

Date of Appointment :

12.08.2011

DIN :

03341333

Name :

Mr. Prakash Keshrimal Bohra

Designation :

Director

Date of Birth/Age :

24.11.1950

Date of Appointment :

12.08.2011

DIN :

03577167

KEY EXECUTIVES

Name :	Ms. Smita Pankaj Agarkar
Designation :	Company Secretary
Address :	70 B, Shri Gajanan Kripa, C/O. Mr. Harne, Near Adamshah School, Shiv Nagar, Nagpur - 440009, Maharashtra, India
Date of Birth/Age :	28.12.1979
Date of Appointment :	02.02.2011
DIN :	AIOPA4318B

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 21.09.2011

Names of Shareholders	No. of Shares
Abhaykumar H. Sancheti	2872347
Ajay S. Sancheti	2154236
Anand S. Sancheti	2154236
Bharti A. Sancheti	100
Savita A. Sancheti	100
Shruti A. Sacheti	100
Anand S. Sancheti	352532
Femina Share Management Private Limited, India	747825
Femina Industrial Finance Private Limited, India	935125
Best Power Plus Private Limited, India	320450
Total	9537051

As on 21.09.2011

Equity Share Breakup Category	Percentage
Bodies Corporate	21.00
Directors or relatives of Directors	79.00
Total	100.00

BUSINESS DETAILS

Line of Business :	The Company is engaged in the business of construction and commissioning and Lump Sum Turn Key facilities in various infrastructure projects.
Services :	· Road Construction Services · Highways Construction Services · Bridges Construction Services · Flyovers Construction Services · Canals Construction Services

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

· State Bank of Indore

46, Central Avenue Road, Timki, Nagpur – 440018, Maharashtra, India

· Kotak Mahindra Bank Limited

36-38-A, Nariman Bhavan, 227 – D, Nariman Point, Mumbai – 400021, Maharashtra, India

· Kotak Mahindra Bank Limited

2^nd Floor, Rashtrabhasha Sankal, North Ambazari Road, Shankar Nagar Road, Nagpur – 440010, Maharashtra, India

· State Bank of Indore

Gandhibagh Branch, Gandhibagh, Nagpur – 440002, Maharashtra, India

Facilities :

Secured Loans	31.03.2011 (Rs. In Millions)	31.03.2010 (Rs. In Millions)
Working capital loans banks	1492.494	1348.757
Loans taken for other fixed assets	1425.692	860.983
Deposits	141.783	266.793
Other debt	1357.861	1499.920
Total	4417.830	3976.453

Banking Relations :	-
Financial Institutions :	· SREI Equipment Finance Private Limited Vishwakarma, 86C, Topsia Road, Kolkata - 700046, West Bengal, India
Auditors :
Name :	Mr. C. R. Sagdeo and Company Chartered Accountants
Address :	Prabha Niwas, Jail Road, Nagpur – 440022, Maharashtra, India
PAN :	AAVPB0589J
Subsidiaries Company :	· SMS Shivnath Infrastructure Limited U45203CT1997PLC012220 · Patwardhan Infrastructure Private Limited U45203MH1999PTC181033 · Vidharbha Enviro Protection Limited U40105MH2005PLC150784 · Maharashtra Enviro Power Limited U40105MH2005PLC150780 · SMS Vidhyut Private Limited U40101MH2006PTC166038 · SMS Parking Solutions Private Limited U74999MH2008PTC178827 · Vishwanath Infrastructure Private Limited U45200MH2004PTC147973 · SMS Mine Developers Private Limited U14200MH2007PTC170870 SMS Waluj CETP Private Limited. U74999MH2006PTC166039 SMS Tolls and Developers Limited U45400MH2007PLC172869 SMS Water Grace BMW Private Limited U93090MH2007PTC167615 SMS Anamklean Greentech Private Limited U90001MH2009PTC195479 SMS Bhatgaon Mines Extension Private Limited U13209MH2008PTC186729 Solar Bhatgaon Extension Mines Private Limited U13200MH2008PTC186685 Water Grace BMW Private Limited U74999MH2008PTC181232 Sanbros Spares Private Limited U34300MH2005PTC154569 SMS Mineral International Pt
Associates:	San finance Corporation SMS Shivnath Infrastructure Limited. Valencia Construction Private Limited Veetrag Homes Private Limited Veetrag Developers Private Limited San Commercials Private Limited MPA Infrastructure Private Limited Rishik Motors ( India ) Private Limited Shaktikumar M. Sancheti Infrastructure and Developers Limited Butibori CETP Private Limited SMS Envocare Limited Gorakshan Land Developers Private Limited SMS Envoprotect Private Limited
Other Related Parties :	Sanbro Corporation RCCL Infrastructure Limited Sms Infrastructure Pte Limited
Joint Venture:	SMS Infrastructure Limited and West Coast Engg. (J.V.) Shaktikumar M. Sancheti Limited and S N Thakkar Construction Private Limited JV SMS Infrastructure Limited and D. Thakkar Construction Private Limited JV SMS Infrastructure Limited and B. P. Construction Company Private Limited (JV) SMS Infrastructure Limited and Brahamaputra Infrastructure Limited (JV) SMS Infrastructure Limited and Brahamaputra Consortium Limited (JV) Khare Tarkunde Infrastructure Private Limited A/c Parwana SMS Infrastructure Limited Aarti Infra-Projects Private Limited J.V. SMS Infrastructure Limited Shreenath Enterprises J.V.

CAPITAL STRUCTURE

As on 21.09.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
15,000,000	Equity Shares	Rs.10/- each	Rs.150.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
9,537,051	Equity Shares	Rs.10/- each	Rs.95.370 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		95.370	95.370	95.370
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		2606.782	2237.534	1453.657
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		2702.152	2332.904	1549.027
LOAN FUNDS
1] Secured Loans		4417.830	3976.453	2743.436
2] Unsecured Loans		0.000	0.000	0.000
TOTAL BORROWING		4417.830	3976.453	2743.436
DEFERRED TAX LIABILITIES		14.246	18.185	25.467
TOTAL		7134.228	6327.542	4317.930
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		2010.060	1125.681	1114.002
Capital work-in-progress		13.474	0.000	0.000
INVESTMENT		1350.472	1213.420	518.208
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	0.000	0.000	1324.224
	Sundry Debtors	1237.028	1565.340	1673.201
	Cash & Bank Balances	596.242	461.591	408.066
	Other Current Assets	1604.172	1178.396	0.000
	Loans & Advances	1960.202	1987.481	439.611
Total Current Assets		5397.644	5192.808	3845.102
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	309.972	102.313	333.148
	Other Current Liabilities	1216.608	1096.422	776.399
	Provisions	110.842	5.632	49.835
Total Current Liabilities		1637.422	1204.367	1159.382
Net Current Assets		3760.222	3988.441	2685.720
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		7134.228	6327.542	4317.930

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Operating Revenue, net	10527.027	8140.739	5968.589
		Other Income	6.769	166.773	39.601
		TOTAL	10533.796	8307.512	6008.190
Less	EXPENSES
		Manufacturing service costs	201.220	190.811
		Contract cost	8305.488	6423.831
		Employee related expenses	320.171	276.288	5164.155
		Administrative selling other expenses	361.795	223.410
		TOTAL	9188.674	7114.340	5164.155
	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION		1345.122	1193.172	844.035
Less	FINANCIAL EXPENSES		540.735	480.071	421.497
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION		804.387	713.101	422.538
Less/ Add	DEPRECIATION/ AMORTISATION		218.705	185.966	164.208
Add	Extraordinary items before tax		0.000	510.125	0.000
	PROFIT BEFORE TAX		585.682	1037.260	258.330
Less	TAX		105.594	121.719	37.471
	PROFIT AFTER TAX		480.088	915.541	220.859
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		1423.620	639.742	470.208
Less	APPROPRIATIONS
		Proposed Dividend		112.537	43.870
		Tax on Proposed Dividend	110.843	19.126	7.456
	BALANCE CARRIED TO THE B/S		1792.867	1423.620	639.742
	Earnings Per Share (Rs.)		100.00	138.51	23.16

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	4.56	11.02	3.68
Net Profit Margin (PBT/Sales)	(%)	5.56	12.74	4.33
Return on Total Assets (PBT/Total Assets}	(%)	7.91	16.42	5.21
Return on Investment (ROI) (PBT/Networth)		0.22	0.44	0.17
Debt Equity Ratio (Total Liability/Networth)		2.24	2.22	2.52
Current Ratio (Current Asset/Current Liability)		3.30	4.32	3.32

LOCAL AGENCY FURTHER INFORMATION

Company Overview

The Company is engaged in the business of construction and commissioning and Lump Sum Turn Key facilities in various infrastructure projects like Road Bridges, Water Supply, Power Transmission, Under ground Mining Work etc., for Central/State Governments, other local bodies and Prwrte Sector in Country.

Review of Financial Operations:

The performance of the company in the Financial Year was more satisfying when viewed in the light of the challenging business environment of the Construction Industry. A comparative study of the financial performance of the company as compared to the previous year is given here under :

Turnover and Other Income:

The turnover of the current year 2010-11 is Rs.10508.500 millions as compared to the previous year Rs..8128.100 millions registering an increase of 29 %. Other income of the current year 2010 - 11 is Rs.25.300 millions as compared to the previous year Rs.179.400 millions. Substantial decline in other income is due to decrease in Dividend Income received during the year 2010 - 11 as compared to the previous year 2009-10 .

Margins/EBIDTA :

The Company's Operating Profit (excluding other income ) increased from Rs.1013.800 millions in the previous year to Rs.13.198 millions as on 31st March, 201 1. Profit before tax and Extraordinary Item of the current year is Rs.560.400 millions as compared to Rs.347.700 millions of the previous year. PBT margin % has gone up from 4.27 % of previous year to 5.33 % of the current year. {PBT Margin % = Profit before other and extraordinary income and taxes/turnover)

Future Outlook

The Company has expertise in Civil Constructions, Structural Work, Underground Mining and Power Transmission etc. in various types of Infrastructure projects. A reasonably good order book position, repeat orders from reputed client are the key factors that will boost the prospects of the Company.

The Company has been pre-qualified for large infrastructure projects on standalone basis as well as through joint ventures which will help in securing major contracts. The Directors are confident that the present environment of investments in infrastructure by the State and Central Governments assures growth of operations of the Company, so as not only to maintain the growth rates achieved in earlier years but also surpass the same .

Contingent Liabilities :

(Rs. In Millions)

Particulars	31.03.2011	31.03.2010
Counter Indemnities given to:
Banks, in respect of contracts
- For works in India(Secured on all the assets)	4372.642	3786.193
Bills discounted with banks	515.463	479.045
Corporate Guarantees to associate companies and Joint venture:	1611.200	1393.800
Advances from contractees of Rs.1342.709 (previous year Rs.1407.996) have been guaranteed by Company’s bankers.

FORM 8:

Name of the company	SHAKTIKUMAR M. SANCHETI LIMITED
Presented By	Mr. Anand Sancheti, Director
1) Date and description of instrument creating the change	Loan Agreement No. CV – 1022279 Date – 30.07.2005
2) Amount secured by the charge/amount owing on the securities of charge	Rs.2.477 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	Caterpillar
4) Gist of the terms and conditions and extent and operation of the charge.	Interests : 3.20% No. of Installment: 23 beginning from 10^th November, 2005
5) Name and Address and description of the person entitled to the charge.	Kotak Mahindra Bank Limited 2^nd Floor, Rashtrabhasha Sankal, North Ambazari Road, Shankar Nagar Road, Nagpur – 440010, Maharashtra, India
6) Date and brief description of instrument modifying the charge	NA
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.	NA

Corporate identity number of the company	U45201MH1997PLC107906
Name of the company	SMS INFRASTRUCTURE LIMITED
Address of the registered office or of the principal place of business in India of the company	267, Ganesh Phadnavis Bhavan, Near Triangular Park, Dharampeth, Nagpur – 440010, Maharashtra, India sanbros_ngp@sancharnet.in
This form is for	Modification of Charge
Charge identification number of the modified	10065640
Type of charge	Immovable Property Book Debts Movable Property Others: Hypothecation of Current Assets, Machinery
Particular of charge holder	State Bank of Indore 46, Central Avenue Road, Timki, Nagpur – 440018, Maharashtra, India Email: sbn3219@sbindore.co.in
Nature of instrument creating charge	1. Supplemental Agreement of Loan for increase in overall limit. 2. Supplemental Agreement of Hypothecation of Goods and Assets for increase in overall limit. 3. Memorandum of Deposit for creation of further charge in favour of State Bank of Indore, Timki Branch, C.A. Road, Nagpur by way of Deposit of Title Deeds.
Date of instrument Creating the charge	29.03.2010
Amount secured by the charge	Rs.6300.000 Millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of Interests: C.C. (Hypothecation) – Rs.650.000 Millions: At 0.25% below BPLR i.e.12.50% p.a. at present. Terms of Repayment: As per Agreement Margin: C.C. (Hypothecation) – Rs.650.000 Millions Raw Material- 25% Work in progress- 25% Book Debts- 30% BG: Rs.17.500 Millions (Sub Limit for LC Rs.250.000 Millions): 5% in the form of TDR/ STDR duly discharged in Bank's favour. Extent and Operation of the charge: Ext. of Mortgage by deposit of title deeds relating to several landed property of the Company and guarantors created on 19-06-2006, 31-08-2007, 06-02-2008 and 16-03-2009 as security for payment and discharge of all indebtedness and liabilities of the Company to the Bank for enhanced facilities of Rs.550.000 Millions availed from State Bank of Indore under SBIND Consortium as if such extended security has been originally created in favour of Bank at the time of deposit of title deeds on the above dates.
Particulars of the property charged	Hypothecation of Company's entire current assets such as stocks comprising of raw materials, work in process, finished goods, consumable stores and spares, other materials, book debts, claims and bills both present and future ranking pari passu with other Consortium Members. Hypothecation of Machinery as mentioned in Schedule C- 2 in the Principal Agreement, on Pari Passu basis with other Consortium Member Banks. Extension of charge on Equitable Mortgage in favour of State Bank of Indore, Timki Branch, C.A. Road, Nagpur by way of deposit of Title Deeds of properties already charged in favour of SBIND Consortium relating to several landed properties of Company and guarantors on 19-06-2006, 31-08-2007, 06-02-2008 & 16-03-2009, as per the details provided in Memorandum of Deposit of Title Deeds dated: 29-03-2010.
Particulars of the present modification	State Bank of Indore (Lead Bank), Timki Br, C.A. Road, Nagpur has extended the limits by Rs.550.000 Millions with enhancement in FBWC limit from Rs.500.000 Millions to Rs.650.000 Millions and enhancement in NFB(BG limit) from Rs.1500.000 Millions to Rs.1750.000 Millions with sub limit for LC Rs.250.000 Millions. Working Capital limit of Rs.150.000 Millions is also granted by way of share of PNB in SBIND Consortium. The aggregate limit availed from SBIND Consortium till date is Rs.6300.000 Millions including the PNB Limit of Rs.390.000 Millions availed on 31.03.09.

FIXED ASSETS:

· Land and Building

· Plant and Machinery

· Vehicles

· Office Equipments

· Furniture and Fixtures

· Computers

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.49.53
UK Pound	1	Rs.77.94
Euro	1	Rs.64.65

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--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	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		51

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.