1. Summary Information

		Country	India
Company Name	Anu Industries Limited	Principal Name 1	Mr. Anil Minda
Status	Satisfactory	Principal Name 2	Mr. Ashwani Minda
		Registration #	55-24134
Street Address	A-9, Ashok Vihar, Phase – I, New Delhi – 110 052, India
Established Date	06.05.1986	SIC Code	--
Telephone#	91-124-4010363	Business Style 1	Manufacturing
Fax #	91-124-2340685	Business Style 2	--
Homepage	http://www.anuindustries.com	Product Name 1	Ignition coils
# of employees	Not Available	Product Name 2	Relay Winkers
Paid up capital	Rs.49,979,500/-	Product Name 3	Central Door Locking Systems
Shareholders	Bodies corporate (89.70%) Directors or relatives of Directors (10.30%)	Banking	Axis Bank
Public Limited Corp.	NO	Business Period	26 Years
IPO	NO	International Ins.	-
Public Enterprise	NO	Rating	Ba (51)
Related Company
Relation	Country	Company Name	CEO
Associates/Subsidiaries	India	JNS Instruments Limited	--
Note	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2010		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	215,851,000	Current Liabilities	189,223,000
Inventories	103,699,000	Long-term Liabilities	183,329,000
Fixed Assets	332,037,000	Other Liabilities	22,912,000
Deferred Assets	0,000	Total Liabilities	395,464,000
Invest& other Assets	10,291,000	Retained Earnings	211,107,000
		Net Worth	266,414,000
Total Assets	661,878,000	Total Liab. & Equity	661,878,000
Total Assets (Previous Year)	599,721,000
P/L Statement as of	31.03.2010		(Unit: Indian Rs.)
Sales	861,172,000	Net Profit	15,884,000
Sales(Previous yr)	698,273,000	Net Profit (Prev.yr)	10,285,000

MIRA INFORM REPORT

Report Date :

03.02.2012

IDENTIFICATION DETAILS

Name :	ANU INDUSTRIES LIMITED (w.e.f. 2001)
Formerly Known As :	ANU AUTO INDUSTRIES PRIVATE LIMITED
Registered Office :	A-9, Ashok Vihar, Phase – I, New Delhi – 110 052
Country :	India
Financials (as on) :	31.03.2010
Date of Incorporation :	06.05.1986
Com. Reg. No.:	55-24134
Capital Investment / Paid-up Capital :	Rs.49.980 Millions
CIN No.: [Company Identification No.]	U72190DL1986PLC024134
TAN No.: [Tax Deduction & Collection Account No.]	DELA03606B
PAN No.: [Permanent Account No.]	AAACA1140L
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Manufacture of Electronic and Electrical Auto oil Filled Ignition Coils for Cars and Dry Coil for Two Wheelers.
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 1100000
Status :	Satisfactory
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is a well established company having satisfactory track. Trade relations are 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 :	A-9, Ashok Vihar, Phase – I, New Delhi – 110 052, India
Tel. No.:	91-124-4010363
Fax No.:	91-124-2340685
E-Mail :	aaipl@del3.vsnl.net.in accounts@anuindustries.com
Website :	http://www.anuindustries.com
Factory 1:	Plot No.102-103, Udyog Vihar, Phase – IV, Gurgaon – 122015, Haryana, India
Tel No.:	91-124-6341240 / 6340145
Fax No.:	Not Available
Factory 2:	Plot no. 52, Sector-3, IMT, Manesar, Haryana, India
Factory 3:	Plot no. 154,TrunkRoad, Porur, Chennai, Tamilnadu, India

DIRECTORS

As on 30.09.2010

Name :	Mr. Anil Minda
Designation :	Director
Address :	A – 9, Ashok Vihar, Phase – I, New Delhi – 110052, India
Date of Birth :	29.12.1954
Date of Appointment :	06.05.1986
DIN No. :	00321553

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	U72190DL1986PLC024134	Anu Industries Limited	Director	06-05-86	06-05-86	-	Active	NO
2	L52110DL1986PLC025118	Jay Ushin Limited	Whole-time director	01-10-10	01-03-88	-	Active	NO
3	U74899DL1998PLC094894	JNS Instruments Limited	Director	09-07-98	09-07-98	-	Active	NO
4	U74899DL1995PLC071138	JPM Tools Limited	Director	07-06-02	07-06-02	-	Active	NO
5	U15314WB1997PTC084218	Nalhati Food Products Private Limited	Director	03-01-03	03-01-03	-	Active	NO
6	U27102OR2003PLC007293	Jay Iron And Steels Limited	Director	01-09-03	01-09-03	-	Active	NO
7	U72200DL2005PLC136246	Janasis Infotech Limited	Director	16-05-05	16-05-05	-	Active	YES
8	U34300DL2005PLC139206	Jay Autocomponents Limited	Director	01-08-05	01-08-05	-	Active	NO
9	U32101DL2005PLC142345	J N J Electronics Limited	Director	08-11-05	08-11-05	-	Active	NO
10	U74899DL1995PTC070210	Brilliant Jewels Private Limited	Additional director	08-06-07	08-06-07	-	Active	NO
11	U27103OR2004PTC007572	Maa Samleswari Industries Private Limited	Director	22-09-07	22-09-07	-	Active	NO
12	U74899DL1983PTC014947	Pawar Textiles Private Limited	Director	30-09-08	29-02-08	-	Active	NO
13	U11200DL2008PLC183011	Jay Nikki Industries Limited	Director	08-09-08	08-09-08	-	Active	NO
14	U40200DL2008PLC183041	Jay Fe Cylinders Limited	Director	09-09-08	09-09-08	-	Active	NO
15	U51102DL2008PLC185567	Jay Smelter Limited	Director	08-12-08	08-12-08	12-06-11	Active	NO
16	U24100DL2009PLC192692	Jay Ace Technologies Limited	Director	29-07-09	29-07-09	-	Active	NO
17	U40200DL2010PLC199801	JPM Gas Limited	Director	08-03-10	08-03-10	-	Active	NO
18	U28121MH2007PLC173538	Lizer Cylinders Limited	Director	27-09-10	29-03-10	-	Active	NO
19	U31900DL2010PLC207377	JPM Renewable Energy Limited	Director	20-08-10	20-08-10	-	Active	NO
20	U40106DL2011PLC220899	JPM Power and Minerals Limited	Director	14-06-11	14-06-11	-	Active	NO
21	U35990DL2011PLC226344	Jay Iber Medior Limited	Director	17-10-11	17-10-11	-	Active	NO

Name :	Mr. Ashwani Minda
Designation :	Director
Address :	A – 9, Ashok Vihar, Phase – I, New Delhi – 110052, India
Date of Birth :	14.07.1959
Date of Appointment :	06.05.1986
DIN No. :	00049966

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	U72190DL1986PLC024134	Anu Industries Limited	Director	06-05-86	06-05-86	-	Active	NO
2	L52110DL1986PLC025118	Jay Ushin Limited	Managing director	01-10-10	14-08-86	-	Active	NO
3	U74899DL1998PLC094894	JNS Instruments Limited	Managing director	01-09-11	09-07-98	-	Active	NO
4	U74899DL1995PLC071138	JPM Tools Limited	Director	07-06-02	07-06-02	-	Active	NO
5	U15314WB1997PTC084218	Nalhati Food Products Private Limited	Director	03-01-03	03-01-03	-	Active	NO
6	U27102OR2003PLC007293	Jay Iron and Steels Limited	Director	01-09-03	01-09-03	-	Active	NO
7	U74899DL1994PTC062424	Anusha Estates Private Limited	Director	21-02-05	21-02-05	-	Active	NO
8	U72200DL2005PLC136246	Janasis Infotech Limited	Director	16-05-05	16-05-05	01-03-10	Active	YES
9	U34300DL2005PLC139206	Jay Autocomponents Limited	Director	01-08-05	01-08-05	-	Active	NO
10	U74899DL1995PLC068910	J P M Automobiles Limited	Director	26-08-05	26-08-05	-	Active	NO
11	U32101DL2005PLC142345	J N J Electronics Limited	Director	08-11-05	08-11-05	-	Active	NO
12	U74899DL1987PLC028050	J A Builders Limited	Director	12-07-06	12-07-06	01-03-10	Active	NO
13	U74899DL1995PTC070210	Brilliant Jewels Private Limited	Additional director	08-06-07	08-06-07	-	Active	NO
14	U27103OR2004PTC007572	Maa Samleswari Industries Private Limited	Director	22-09-07	22-09-07	-	Active	NO
15	U74899DL1983PTC014947	Pawar Textiles Private Limited	Director	30-09-08	15-02-08	-	Active	NO
16	U11200DL2008PLC183011	Jay Nikki Industries Limited	Director	08-09-08	08-09-08	-	Active	NO
17	U40200DL2008PLC183041	Jay Fe Cylinders Limited	Director	09-09-08	09-09-08	-	Active	NO
18	U51102DL2008PLC185567	Jay Smelter Limited	Director	08-12-08	08-12-08	12-06-11	Active	NO
19	U24100DL2009PLC192692	Jay Ace Technologies Limited	Director	29-07-09	29-07-09	-	Active	NO
20	U40200DL2010PLC199801	JPM Gas Limited	Director	08-03-10	08-03-10	-	Active	NO
21	U28121MH2007PLC173538	Lizer Cylinders Limited	Director	27-09-10	29-03-10	-	Active	NO
22	U02001DL1996PTC076056	JPM Farms Private Limited	Additional director	01-06-10	01-06-10	-	Active	NO
23	U31900DL2010PLC207377	JPM Renewable Energy Limited	Director	20-08-10	20-08-10	20-07-11	Active	NO
24	U40106DL2011PLC220899	JPM Power and Minerals Limited	Director	14-06-11	14-06-11	-	Active	NO
25	U35990DL2011PLC226344	Jay Iber Medior Limited	Director	17-10-11	17-10-11	-	Active	NO

Name :	Ms. Kalpana Minda
Designation :	Whole-time Director
Address :	A – 9, Ashok Vihar, Phase – I, New Delhi – 110052, India
Date of Birth :	06.06.1955
Date of Appointment :	06.05.1986
DIN No. :	02443552

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	U72190DL1986PLC024134	Anu Industries Limited	Whole-time director	01-04-08	06-05-86	Active	NO
2	U51102DL2008PLC185567	Jay Smelter Limited	Additional director	01-06-11	01-06-11	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2010

Names of Shareholders	No. of Shares
Anil Minda	350950
Ashwani Minda	3700
J. P. Minda	52080
Kalpana Minda	76360
Vandana Minda	31460
Richa Minda	100
Dwarka Electronvest Private Limited	15000
J. A. Builders Limited	245300
Mew Tools Private Limited	230700
Ele Overseas Private Limited	25000
Grow Fast Securities and Creditors Limited	199800
Kritika Exports Private Limited	90000
Swell Exports Private Limited	72500
Commitment Finance Limited	1230000
Consorium Vyapaar Limited	865000
Electricals and Electronics India Limited	894000
Heaven Suppliers Private Limited	616000
Total	4997950

As on 30.09.2010

Category	Percentage
Bodies corporate	89.70
Directors or relatives of Directors	10.30
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacture of Electronic and Electrical Auto oil Filled Ignition Coils for Cars and Dry Coil for Two Wheelers.

Products :

Products Descriptions	Item Code No.
Relay Assyy. Starter	85364100
Cap Noise Suppressor	87141900
Washer Tank	87262900
Door Latch	83023090
Coil Assy Ignition	85113020

· Ignition coils

· Relay Winkers

· Relay Starters

· Noise Suppressors

· PCB Assembly

· Central Door Locking Systems

· HT Cord sets

· Handles and Locks For UNO

· Washer Motors

· Dry Type Ignition coils

· Security Alarm Systems

GENERAL INFORMATION

Customers :

· Maruti Udyog Limited

· Hyundai Motors India Limited

· Hero Honda Motors Limited

· Bajaj Auto Limited

· Kinetic Motor Company Limited

· Hindustan Motors Limited

· Daewoo Motors India Limited

· L'electricfil Industrie

· Fiat India Limited

· Kinetic Engineering India Limited

· Telco Limited

· Ashok Leyland Limited

· Mahindra and Mahindra Limited

No. of Employees :

Not Available

Bankers :

· Axis Bank

· Canara Bank, Gurgaon

· Canara Bank, Kamala Nagar, Delhi, India

· Kotak Mahindra Bank Limited

15-16, UGF, Ambadeep Building, Kasturba Gandhi Marg, New Delhi – 110001, India

CIN: L65110MH1985PLC038137

Email : gkjain1234@rediffmail.com

Facilities :

Secured Loan (Rs. in millions)	31.03.2010	31.03.2009
From bank
Term loan from Kotak Mahindra Bank	49.363	43.027
Working Capital Loan From bank
Facility of Cash Credit	70.863	39.252
Facility of Bills Discounted	9.845	11.135
Facility of P. O. Discounted	10.668	10.669
Car loans From banks	2.806	0.376
Total	143.545	104.459
Unsecured Loan (Rs. in millions)	31.03.2010	31.03.2009
From Directors and Others	39.784	44.373
Total	39.784	44.373

Banking Relations :	Satisfactory
Auditors :
Name :	V. C. Gautam and Company Chartered Accountant
Address :	B – 3, Kailash Colony, Delhi – 110048, India
Associates/Subsidiaries :	· Jay Yushin Limited · JNS Instruments Limited · JPM Tools Limited

CAPITAL STRUCTURE

As on 30.09.2010

Authorised Capital :

No. of Shares	Type	Value	Amount
7000000	Equity Shares	Rs.10/- each	Rs.70.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
4997950	Equity Shares	Rs.10/- each	Rs.49.980 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		49.980	48.050	48.048
2] Share Application Money		5.000	24.300	10.310
3] Capital Subsidy		0.327	0.327	0.327
4] Reserves & Surplus		211.107	177.852	167.554
5] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		266.414	250.529	226.239
LOAN FUNDS
1] Secured Loans		143.545	104.459	131.345
2] Unsecured Loans		39.784	44.373	37.514
TOTAL BORROWING		183.329	148.832	168.859
DEFERRED TAX LIABILITIES		16.061	11.612	5.955
TOTAL		465.804	410.973	401.053
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		332.037	311.101	262.763
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		10.166	10.067	9.767
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	103.699	101.560	107.263
	Sundry Debtors	152.766	128.607	132.979
	Cash & Bank Balances	9.242	9.233	7.356
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	53.843	39.153	60.520
Total Current Assets		319.550	278.553	308.118
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors		174.642	165.805
	Other Current Liabilities	189.223	9.433	9.507
	Provisions	6.851	4.673	4.283
Total Current Liabilities		196.074	188.748	179.595
Net Current Assets		123.476	89.805	128.523
MISCELLANEOUS EXPENSES		0.125	0.000	0.000
TOTAL		465.804	410.973	401.053

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2010	31.03.2009	31.03.2008
	SALES
		Net Sales	861.172	698.273	727.383
		Other Income	0.850	1.482	3.253
		TOTAL	862.022	699.755	730.636
Less	EXPENSES
		Raw Material Consumed	589.778	475.808	519.367
		Manufacturing and Other Expenses	145.502	115.740	140.448
		Sales and Administrative Expenses	69.420	49.991	32.587
		Increase / Decrease in stock	0.951	4.980	(7.215)
		TOTAL	805.651	646.519	685.187
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION		56.371	53.236	45.449
Less	FINANCIAL EXPENSES		16.034	21.234	15.073
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION		40.337	32.002	30.376
Less/ Add	DEPRECIATION/ AMORTISATION		15.773	13.322	12.608
Less	Preliminary Expenses		0.031	0.000	0.011
Less	Deferred Expenses		0.000	0.000	0.141
	PROFIT BEFORE TAX		24.533	18.680	17.616
Less	TAX		8.649	8.395	(1.286)
	PROFIT AFTER TAX		15.884	10.285	18.902
	Earnings Per Share (Rs.)		3.18	--	--

KEY RATIOS

PARTICULARS		31.03.2010	31.03.2009	31.03.2008
PAT / Total Income	(%)	1.84	1.47	2.59
Net Profit Margin (PBT/Sales)	(%)	2.85	2.68	2.42
Return on Total Assets (PBT/Total Assets}	(%)	3.77	3.17	3.09
Return on Investment (ROI) (PBT/Networth)		0.09	0.07	0.08
Debt Equity Ratio (Total Liability/Networth)		1.42	1.35	1.54
Current Ratio (Current Asset/Current Liability)		1.63	1.48	1.72

LOCAL AGENCY FURTHER INFORMATION

OPERATIONS

The company has completed another significant year of its operation, one in which it has sustained and consolidated its posirtion in the industry. In spite of various constraints the turnover of the company has increased during the year ended as on 31.03.2010 with a turnover of Rs.861.172 million as against Rs.698.273 in the previous year. The PBT of the company has increased to Rs.4.533 million as against Rs.18.680 million in the previous year

FORM 8

Corporate identity number of the company	U72190DL1986PLC024134
Name of the company	ANU INDUSTRIES LIMITED
Address of the registered office or of the principal place of business in India of the company	A – 9, Ashok Vihar, Phase – I, New Delhi – 110052, India
This form is for	Creation of charge
Type of charge	Movable Property Book Debts Others
Particular of charge holder	Kotak Mahindra Bank Limited 15-16 UGF, Ambadeep Building, Kasturba Gandhi Marg, New Delhi – 110001, India CIN: L65110MH1985PLC038137 Email : accounts@anuindustries.com
Nature of instrument creating charge	Deed of hypothecation dated 29.04.2010 Memorandum of constructive delivery dated 29.04.2010 (sector-3, industrial estate ch. Devilal imt manesar) Memorandum of constructive delivery dated 29.04.2010 (house no. 29-a on road no k-10, admeasuring 250.5659 mtrs)
Date of instrument Creating the charge	29.04.2010
Amount secured by the charge	Rs.220.600 Millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of Interests: As per Agreement Terms of repayment: As per Agreement Margin: As per Agreement Extent and Operation of the charge: 1. Cc - Rs. 62.500 Millions 2. Revolving Loan Limit Against Po - Himil - Rs. 20.000 Millions 3. Supply Bill Financing Against Receivables From Hero Honda Motors Limited.- Rs. 15.000 Millions 4. Lc- Rs. 35.000 Millions 4(A). Bg- Rs. 05.000 Millions, Sublimit Of Lc 5. TL i- Rs. 30.500 Millions 6. TL ii- Rs. 05.000 Millions 7. TL iii- Rs. 20.600 Millions 7 (A). Lc - Rs. 10.000 Millions, Sublimit Of Term Loan iii 8. TL iv- Rs. 32.000 Millions
Short particulars of the property or asset(s) charged (including complete address and location of the property)	First And Exclusive Charge On All Existing And Future Current And Moveable Fixed Assets Of The Borrower Exclusive Charge By Way Of Equitable Mortgage On The Immovable Properties Being Company L ad B Bearing No. 52 Admeasuring 7875 Sq. Mtrs. Situated At, Sector-3, Industrial Estate Ch. Devilal Imt Manesar Dist. Gurgaon, Haryana Bounded As:- North: Road East: Plot No.- 51 South: Plot No.- 49 West: Plot No.- 53 Together With All Building, Structure, If Any Affixed To The Earth Or Permanently Affixed To Something Attached To The Earth Another Piece And Parcel Of Immovable Property Being House No. 29-A On Road No K-10, Admeasuring 250.5659 Mtrs., (299 Sq. Yards) Having Covered Area 5200 Sq. Ft., Situated In The Residential Colony, Dlf Qutab Enclave, Gurgaon, Bounded As:- Ease: Road West: Plot No. K-11/24 North: Plot No. K-10/30 South: Plot No. K-10/29 Together With All Building, Structure, If Any Affixed To The Earth Or Permanently Affixed To Something Attached To The Earth Negative Lien And Deposit Of Title Deeds Of The Company Land And Building At Plot No. 102-103, Udyog Vihar, Phase- Iv, Gurgaon Personal Guarantee Of Mr. Jp Minda, Mr. Anil Minda, Mr. Ashwani Minda And Mrs. Kalpna Minda

FIXED ASSETS

· Land

· Building

· Machinery

· Dies and Fixture

· Testing Equipment

· Generator

· Electric Fitting

· Office Equipment

· Vehicles

· Computers

· Cycles

WEBSITE DETAILS

Subject was set up in 1974 to manufacture a host of quality Automotive Electrical and Electronic Components. Constant strive for quality have made their products acceptable to leading OEM's like Maruti Udyog , Hyundai Motors, Ford, Hindustan Motors, Hero Honda, Honda Scooters, Bajaj Auto, Kinetic Motors, Fiat etc.,

The company manufactures electronic and electrical auto parts like ignition coils, actuators, relay assembly starters, flasher relays, washer motors, central door locking systems etc .for cars and two wheelers.

History

1974:

Started manufacturing operations as a partnership firm to manufacture Electronic and Electrical Auto oil filled ignition coils for cars and dry coil for two wheelers.

1986:

Started company in Gurgaon to manufacture Electronic and Electrical auto parts, ignition coil, relay assembly winkers, relay assembly starter and noise suppressor cap.

1996:

Entered into technical collaboration with L'electrifil Industries, France for producing High Tensiom cord assemblies.

1996:

Entered into Technical collaboration with Dong Yang Corporation, Korea. This was basically for production of Central door Locking Systems.

1996:

Obtaining ISO - 9002 Accredition.

1997:

Entered into technical collaboration with Valeo, Italy for secrity systems (keysets and handles.

1997:

Anu Auto Industries entered into technical agreement with Hyunil Electronic Company, KOREA for Washer Motor Pump.

1998:

Set up plant in Chennai.

2001:

Anu Auto Industries Private Limited became Company.

Brief History of Sister Concern:

Jay Yushin Limited is a joint venture company promoted in 1986 by Mr. J.P. Minda the main Promoter & U-Shin Limited of Japan, for the manufacturing of Automobile locks, Door latches, Combination Switches and heater control units .All the products manufactured in this company are supplied to OEMs like Maruti, Hyundai, Honda,  Kinetic, Hindustan Motors and Bajaj Auto Limited. The total cost of the project is around Rs.125 Million.

JNS Instruments Limited was incorporated on 9th July '98in collaboration with Nippon Sieki Company Limited Japan. (Indian Promoters 61% and Nippon Sieki  39%) Products include Instrument Clusters, Speedometers, Fuel Tank Units. Besides having facilities for making Speedo Movements, Fuel / Temp movements, Tacho Movements. Their customers include Maruti Udyog Limited, Yamaha Motor India Private Limited, Hero Honda Motors Limited. Honda Motorcycle & Scooter India Limited and Bajaj Auto Limited.

JPM Tools Limited was incorporated in  there is sufficient tool room facility to design, develop and produce  progressive/compound press tools , Injection Moulds, Die Casting moulds, Prototype Samples as well as Jigs and fixture.

There are sufficient in house facilities and special purpose machines which include Computer Equipments - Viscam, Autocad, I-deas, Pro-engineer; CNC Machines - CNC Vertical Machine centre HAAS,  vertical Machine  Centre - Feeler, CNC Wire cut 434 Electronica, EDM machines - EZNC EDM Machine, 5030, EMS 5535 . 

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.49.13
UK Pound	1	Rs.77.85
Euro	1	Rs.64.75

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	6
--LEVERAGE	1~10	6
--RESERVES	1~10	6
--CREDIT LINES	1~10	6
--MARGINS	-5~5
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	YES
--AFFILIATION	YES/NO	NO
--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.