MIRA INFORM REPORT

Report Date :

07.02.2012

IDENTIFICATION DETAILS

Name :	NAVAYUGA ENGINEERING COMPANY LIMITED
Registered Office :	D No. # 48-9-17, Dwaraka Nagar, Vishakhapatnam – 530 016, Andhra Pradesh
Country :	India
Financials (as on) :	31.03.2010
Date of Incorporation :	06.11.1986
Com. Reg. No.:	01-006925
Capital Investment/ Paid-up Capital:	Rs.400.481 Millions
CIN No.: [Company Identification No.]	U45203AP1986PLC006925
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Construction Contractors
No. of Employees:	1000 (In office) (Approximately)

RATING & COMMENTS

MIRA’s Rating :

A (65)

RATING		STATUS	PROPOSED CREDIT LINE
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

Maximum Credit Limit :	USD 44734000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is an established company having fine track. Financial position of the company appears to be sound. Trade relations are reported as fair. Business is active. Payments are reported to be regular and as per commitments. The company can be considered good for normal 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 :	D No. # 48-9-17, Dwaraka Nagar, Vishakhapatnam – 530 016, Andhra Pradesh, India
Tel. No.:	91-891-2754602 / 335, 2748084
Fax No.:	91-891-2747362/ 2560516
E-Mail :	nec@navayuga.com cs@necltd.com yugandhar@navayuga.com necvizag@navayuga.com
Website :	http://www.navayuga.com http://www.necltd.com
Location :	Owned
Corporate Office :	# 1259, Lakshmi Towers, Road No.36, Jubilee Hills, Hyderabad – 500 033, Andhra Pradesh, India
Tel. No.:	91-40-23557196/ 44557789
Fax No.:	91-40-23557190/ 23557176
E-Mail :	nec@navayuga.com
Branch Office :	C/o. Krishnapatnam Port, Muthukur Mandal, Nellore District – 524 344, Andhra Pradesh, India
Regional Office 1 :	M-3, Haus Khas, 3^rd Floor, Sri Aurobindo Marg, New Delhi – 110 016, India
Tel. No.:	91-11-49496789
Fax No.:	91-11-49496700
E-Mail :	navayuga.delhi@gmail.com delhi@navayuga.com
Regional Office 2 :	Plot No.2, Crescent Heights, 1^st Cross, Snehanagar, Behind Reliance Fresh, Amruthahali Main Road, Sahakara Nagar Post, Bangalore – 560 092, Karnataka, India
Tele Fax No.:	91-80-23633023
E-Mail :	necbro@gmail.com
Regional Office 3 :	DN – 24, Matrix Tower, 5^th Floor, Salt Lake, Kolkata – 700 091, West Bengal, India
Tel. No.:	91-33-40040989/ 40044060/ 61/ 62
Fax No.:	91-33-40044069
E-Mail :	neckolkata@navayuga.com neckolkatta@yahoo.co.in
Regional Office 4 :	Ground Floor-B, Tangy Apartments, 34, Victoria Crescent Street, Egmore, Chennai – 600 008, Tamilnadu, India
Tel. No.:	91-44-28270384/ 42656361/ 62
Fax No.:	91-44-28270616
E-Mail :	necchennai@yahoo.co.in
Regional Office 5 :	Near Chand Hospital, House No – 171, Pataliputra Colony, Patna – 800 013, Bihar, India
Tel. No.:	91-61-22274557
E-Mail :	necpatna@rediffmail.com
Regional Office 6 :	D-4/603, Vedant Complex, Vartak Nagar, Thane (West) – 400 606, Maharashtra, India
Tel. No.:	91-22-25853756
E-Mail :	necmumbai@navayuga.com
Overseas Office 1 :	Navayuga Engineering Company WLL PO Box No.32550, Doha, State of Qatar, Office No. 101, First Floor, Retaj Building, Street No. 809, Zone 39, Al Sadd
Tel. No.:	+974 – 4450 7374
Fax No.:	+974 – 4458 1843
E-Mail :	necl_qatar@navayuga.com
Overseas Office 2 :	PO Box No.113824, Flat No. M – 04, Mezzanine Floor, Building No. 137, Mohammed Bin Zayed City, Mussaffah, Abu Dhabi, UAE
Tel. No.:	+971 2558 7607
E-Mail :	info@necltd.ae gm@necltd.ae

DIRECTORS

As on 26.08.2011

Name :

Mr. Chinta Visweswara Rao

Designation :

Chairman cum Managing Director

Address :

Plot No.550/A, Road No.92, Phase – III, Jubilee Hills, Hyderabad – 500 034, Andhra Pradesh, India

Date of Birth/Age :

09.06.1947

Date of Appointment :

06.11.1986

DIN No.:

00009262

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	U45203AP1986PLC006925	Navayuga Engineering Company Limited	Whole-time director	28-10-09	06-11-86	-	Active	NO
2	U14102AP1993PLC016535	Navayuga Exports Ltd	Director	05-11-93	05-11-93	11-02-10	Active	NO
3	U05001OR1995PTC003949	Utkal Aqua Private Limited	Director	18-10-05	01-12-96	15-04-10	Active	NO
4	U72200AP1997PTC026655	Navayuga Infotech Private Limited	Director	17-03-97	17-03-97	-	Active	NO
5	U45201AP2001PTC036704	Nyse Properties Private Limited	Director	11-05-01	11-05-01	01-07-11	Active	NO
6	U72200AP2004PTC044662	Navayuga Spatial Technologies Private Limited	Director	22-11-04	22-11-04	-	Active	NO
7	U45203AP1996PLC023529	Krishnapatnam Port Company Limited	Whole-time director	12-08-10	16-08-05	-	Active	NO
8	U65910AP2006PTC049469	Chinta Investments Private Limited	Director	13-03-06	13-03-06	-	Active	NO
9	U45200AP2006PTC049468	CVR Holdings Private Limited	Director	13-03-06	13-03-06	-	Active	NO
10	U45200AP2006PTC049585	Godavari Toll Bridge Private Limited	Director	23-03-06	23-03-06	11-02-10	Active	NO
11	U74930TN2006PTC061098	Cuddalore Port Company Private Limited	Director	09-01-07	09-01-07	05-08-10	Active	NO
12	U45201KA2007PTC042067	Cornerstone Shelters Private Limited	Director	20-06-07	20-06-07	-	Active	NO
13	U40101AP2007PLC055995	Navayuga Power Corporation Limited	Director	18-10-07	18-10-07	-	Active	NO
14	U40105AP2007PLC056531	Krishnapatnam Power Corporation Limited	Director	05-12-07	05-12-07	-	Active	NO
15	U40101OR2008PLC009754	Astaranga Power Company Limited	Director	18-01-08	18-01-08	04-05-10	Active	NO
16	U27102OR2008PLC009755	Navayuga Steel Limited	Director	18-01-08	18-01-08	-	Active	NO
17	U13209OR1991PTC002927	Geomin Minerals And Marketing Private Ltd	Director	29-03-08	29-03-08	-	Active	NO
18	U27101OR1991PTC002917	Konark Ferro Alloys Private Limited	Director	29-03-08	29-03-08	-	Active	NO
19	U13202OR1996PTC004607	Axl Industries Private Limited	Director	29-03-08	29-03-08	-	Active	NO
20	U63032OR2008PLC010058	Jagannath Port Company Limited	Director	28-05-08	28-05-08	-	Active	NO
21	U65993TN2008PTC068100	Cuddalore Infrastructure Holdings Private Limited	Director	09-06-08	09-06-08	31-12-10	Active	NO
22	U14108OR1996PLC004643	Navayuga Minerals Limited	Director	05-01-09	05-01-09	15-04-10	Active	NO
23	U74999AP2009PTC064323	Seabase Impex Private Limited	Director	10-07-09	10-07-09	-	Active	NO
24	U45400AP2007PTC053344	Navayuga Bengalooru Tollway Private Limited	Director	27-10-09	27-10-09	11-02-10	Active	NO
25	U40300AP2009PTC066095	Nekkanti Power Private Limited	Director	03-12-09	03-12-09	-	Active	NO
26	U15132AP2009PTC066094	Nekkanti Sugars Private Limited	Director	03-12-09	03-12-09	-	Active	NO
27	U45204AP2009PTC066139	Navayuga Udupi Tollway Private Limited	Director	04-12-09	04-12-09	-	Active	NO
28	U45200AP2007PLC052829	Machilipatnam Port Limited	Director	18-04-11	06-02-10	-	Active	NO
29	U45203AP2010PTC067113	Navayuga Devanahalli Tollway Private Limited	Director	22-02-10	22-02-10	-	Active	NO
30	U45203AP2010PTC068139	Navayuga Infra Projects Private Limited	Director	28-04-10	28-04-10	-	Active	NO
31	U45203AP2010PTC068208	Navayuga Road Projects Private Limited	Director	01-05-10	01-05-10	16-07-10	Active	NO
32	U45309AP2010PTC068207	Navayuga Port Projects Private Limited	Director	01-05-10	01-05-10	07-08-10	Active	NO
33	U74999AP2008PTC058448	Vanpic Ports Private Limited	Director	20-09-10	14-05-10	-	Active	NO
34	U45209AP2008PTC058696	Genexx Infratech Private Limited	Nominee director	14-05-10	14-05-10	16-07-10	Active	NO
35	U45203AP2010PTC068532	Navayuga Quazigund Expressway Private Limited	Director	21-05-10	21-05-10	-	Active	NO
36	U45203AP2010PTC069649	Navayuga Dibang Infra Projects Private Limited	Director	23-07-10	23-07-10	-	Active	NO
37	U45400AP2010PTC069750	Navayuga Dhola Infra Projects Private Limited	Director	29-07-10	29-07-10	-	Active	NO
38	U45200AP2010PTC070149	Navayuga Bihar Infratech Private Limited	Director	25-08-10	25-08-10	11-10-10	Active	NO
39	U45203AP2010PTC070358	Navayuga Jahnavi Toll Bridge Private Limited	Director	07-09-10	07-09-10	-	Active	NO
40	U74999AP2011PTC075333	Prinasubham Importexport Private Limited	Director	04-07-11	04-07-11	-	Active	NO

Name :

Mr. Chinta Sridhar

Designation :

Managing Director

Address :

7-5-107/1, Opposite Iscon Temple, Panduranga Puram, Visakhapatnam – 530 003, Andhra Pradesh, India

Date of Birth/Age :

11.08.1969

Date of Appointment :

28.12.1995

DIN No.:

01176220

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	U14102AP1993PLC016535	Navayuga Exports Limited	Managing director	05-12-94	05-12-94	11-02-10	Active	NO
2	U45203AP1986PLC006925	Navayuga Engineering Company Limited	Managing director	28-10-09	28-12-95	-	Active	NO
3	U72200AP1997PTC026655	Navayuga Infotech Private Limited	Director	06-06-98	06-06-98	-	Active	NO
4	U74999AP1999PTC032422	Digi Trans Private Limited	Director	02-09-99	02-09-99	-	Active	NO
5	U45209AP2001PTC037218	Navayuga Infrastructure Corporation Private Limited	Director	03-04-03	03-04-03	-	Active	NO
6	U74899DL2005PTC143046	Himurja Infra Private Limited	Director	01-12-05	01-12-05	25-07-08	Active	NO
7	U24232AP2000PTC035692	Natco Genomik Private Limited	Director	07-03-06	07-03-06	-	Active	NO
8	U65910AP2006PTC049469	Chinta Investments Private Limited	Director	13-03-06	13-03-06	-	Active	NO
9	U45200AP2006PTC049468	CVR Holdings Private Limited	Director	13-03-06	13-03-06	-	Active	NO
10	U45203AP1996PLC023529	Krishnapatnam Port Company Limited	Whole-time director	01-04-08	26-04-06	-	Active	NO
11	U74930TN2006PTC061098	Cuddalore Port Company Private Limited	Director	09-01-07	09-01-07	05-08-10	Active	NO
12	U45200AP2006PLC051378	Krishnapatnam Railway Company Limited	Nominee director	10-03-07	10-03-07	10-02-10	Active	NO
13	U45400AP2007PTC053344	Navayuga Bengalooru Tollway Private Limited	Nominee director	27-03-07	27-03-07	27-10-09	Active	NO
14	U85110DL2000PTC105219	In-Shape Health and Resorts Private Limited	Director	02-04-07	02-04-07	27-10-08	Active	YES
15	U70102AP2007PTC053588	NEC Real Estate Private Limited	Director	13-04-07	13-04-07	15-04-10	Active	NO
16	U70109WB2007PTC115397	Navayuga Infinity Infrastructure Private Limited	Additional director	02-05-07	02-05-07	29-08-08	Active	NO
17	U74900AP2007PTC054344	Gateway Media Private Limited	Director	07-06-07	07-06-07	22-05-10	Active	NO
18	U45201KA2007PTC042067	Cornerstone Shelters Private Limited	Director	20-06-07	20-06-07	-	Active	NO
19	U67120MH1995PTC090436	Well-Do Holdings and Exports Private Limited	Director	31-08-07	31-08-07	-	Active	NO
20	U45209AP2007PTC055488	Global Icon Infrastructure Constructions Private Limited	Director	12-09-07	12-09-07	-	Active	NO
21	U13209OR1991PTC002927	Geomin Minerals and Marketing Private Limited	Director	05-10-07	05-10-07	-	Active	NO
22	U13202OR1996PTC004607	AXL Industries Private Limited	Director	05-10-07	05-10-07	-	Active	NO
23	U40101AP2007PLC055995	Navayuga Power Corporation Limited	Director	18-10-07	18-10-07	15-04-10	Active	NO
24	U27101OR1991PTC002917	Konark Ferro Alloys Private Limited	Director	29-11-07	29-11-07	-	Active	NO
25	U40105AP2007PLC056531	Krishnapatnam Power Corporation Limited	Director	05-12-07	05-12-07	11-02-10	Active	NO
26	U45209AP2008PTC057033	Krishnapatnam Infratech Private Limited	Director	08-01-08	08-01-08	-	Active	NO
27	U40101OR2008PLC009754	Astaranga Power Company Limited	Director	18-01-08	18-01-08	-	Active	NO
28	U27102OR2008PLC009755	Navayuga Steel Limited	Director	18-01-08	18-01-08	15-04-10	Active	NO
29	U74900AP2008PTC058987	Krishna Dredging Company Private Limited	Director	05-05-08	05-05-08	-	Active	NO
30	U61100AP2008PTC059256	Krishna Seaways Private Limited	Director	21-05-08	21-05-08	-	Active	NO
31	U67100AP2008PTC059301	Chinta Madhava Capital Ventures Private Limited	Director	23-05-08	23-05-08	-	Active	NO
32	U93000AP2008PTC059300	Chinta Govind Capital Ventures Private Limited	Director	23-05-08	23-05-08	-	Active	NO
33	U63032OR2008PLC010058	Jagannath Port Company Limited	Director	28-05-08	28-05-08	15-04-10	Active	NO
34	U72200AP2004PTC044662	Navayuga Spatial Technologies Private Limited	Additional director	06-06-08	06-06-08	-	Active	NO
35	U72200AP2000PLC035176	Mapworld Technologies Limited	Additional director	09-06-08	09-06-08	11-02-10	Active	NO
36	U55101AP2008PTC059672	Orange Budget Hotels and Hospitality Private Limited	Director	16-06-08	16-06-08	26-10-11	Active	NO
37	U45203AP2009PTC064061	Navayuga Dichpally Tollway Private Limited	Director	19-06-09	19-06-09	16-07-10	Active	NO
38	U74900DL2009PTC192466	Intense Fitness and Spa Private Limited	Director	22-07-09	22-07-09	-	Active	NO
39	U74900AP2009PTC066117	Grafix Engineering Consultants Private Limited	Director	03-12-09	03-12-09	-	Active	NO
40	U45204AP2009PTC066139	Navayuga Udupi Tollway Private Limited	Director	04-12-09	04-12-09	-	Active	NO
41	U40109AP2006PTC048975	Kineta Power Private Limited	Director	25-03-10	12-01-10	-	Active	NO
42	U45200AP2007PLC052829	Machilipatnam Port Limited	Director	18-04-11	06-02-10	-	Active	NO
43	U45203AP2010PTC067113	Navayuga Devanahalli Tollway Private Limited	Director	22-02-10	22-02-10	-	Active	NO
44	U61200AP2010PTC067529	East Coast Logistics Private Limited	Director	12-03-10	12-03-10	-	Active	NO
45	U45203AP2010PTC068139	Navayuga Infra Projects Private Limited	Director	28-04-10	28-04-10	-	Active	NO
46	U45203AP2010PTC068208	Navayuga Road Projects Private Limited	Director	01-05-10	01-05-10	-	Active	NO
47	U45309AP2010PTC068207	Navayuga Port Projects Private Limited	Director	01-05-10	01-05-10	-	Active	NO
48	U74999AP2008PTC058448	Vanpic Ports Private Limited	Director	20-09-10	14-05-10	-	Active	NO
49	U45209AP2008PTC058696	Genexx Infratech Private Limited	Nominee director	14-05-10	14-05-10	16-07-10	Active	NO
50	U45203AP2010PTC068532	Navayuga Quazigund Expressway Private Limited	Director	21-05-10	21-05-10	-	Active	NO
51	U45203AP2010PTC069649	Navayuga Dibang Infra Projects Private Limited	Director	23-07-10	23-07-10	-	Active	NO
52	U45400AP2010PTC069750	Navayuga Dhola Infra Projects Private Limited	Director	29-07-10	29-07-10	-	Active	NO
53	U45200AP2010PTC070149	Navayuga Bihar Infratech Private Limited	Director	25-08-10	25-08-10	11-10-10	Active	NO
54	U45203AP2010PTC070358	Navayuga Jahnavi Toll Bridge Private Limited	Director	07-09-10	07-09-10	-	Active	NO
55	U45209AP2011PTC075951	Navayuga Tollways Private Limited	Director	12-08-11	12-08-11	-	Active	NO

Name :

Mr. Chinta Sasidhar

Designation :

Whole Time Director

Address :

Plot No.550/A, Road No.92, Phase – III, Jubilee Hills, Hyderabad – 500 034, Andhra Pradesh, India

Date of Birth/Age :

29.01.1972

Date of Appointment :

27.11.1995

DIN No.:

00009300

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	U45203AP1986PLC006925	Navayuga Engineering Company Limited	Whole-time director	01-04-07	27-11-95	-	Active	NO
2	U14108OR1996PLC004643	Navayuga Minerals Limited	Director	14-10-96	14-10-96	05-01-09	Active	NO
3	U72200AP1997PTC026655	Navayuga Infotech Private Limited	Managing director	15-03-99	15-03-99	-	Active	NO
4	U74999AP1999PTC032422	Digi Trans Private Limited	Director	02-09-99	02-09-99	-	Active	NO
5	U74899DL1932PTC000275	Madan Mohan Lall Shriram Private Limited	Director	14-10-00	14-10-00	-	Active	NO
6	U72900AP2002PTC038412	Spatial Networks Private Limited	Director	29-01-02	29-01-02	-	Active	NO
7	U45209AP2001PTC037218	Navayuga Infrastructure Corporation Private Limited	Director	03-04-03	03-04-03	-	Active	NO
8	U70102AP2002PTC038539	Nyse Infrastructure Private Limited	Director	02-08-04	02-08-04	-	Active	NO
9	U72200AP2004PTC044662	Navayuga Spatial Technologies Private Limited	Director	22-11-04	22-11-04	-	Active	NO
10	U74899DL2005PTC143046	Himurja Infra Private Limited	Director	01-12-05	01-12-05	25-07-08	Active	NO
11	U65910AP2006PTC049469	Chinta Investments Private Limited	Director	13-03-06	13-03-06	-	Active	NO
12	U45200AP2006PTC049468	CVR Holdings Private Limited	Director	13-03-06	13-03-06	-	Active	NO
13	U45200AP2006PTC049585	Godavari Toll Bridge Private Limited	Director	23-03-06	23-03-06	11-02-10	Active	NO
14	U45203AP1996PLC023529	Krishnapatnam Port Company Limited	Managing director	12-08-10	01-04-06	-	Active	NO
15	U45200AP2006PTC049718	Indu Navayuga Infra Projects Private Limited	Nominee director	07-04-06	07-04-06	16-06-10	Active	NO
16	U45200AP2006PLC051378	Krishnapatnam Railway Company Limited	Nominee director	11-10-06	11-10-06	23-12-09	Active	NO
17	U70102AP2006PTC052114	Navayuga Legala Estates Private Limited	Director	26-12-06	26-12-06	-	Active	NO
18	U60231TN2006PTC061849	Ennore Logistics Park Private Limited	Director	18-01-07	18-01-07	24-02-09	Active	NO
19	U70102AP2007PTC053094	Navayuga Real Ventures Private Limited	Director	13-03-07	13-03-07	-	Active	NO
20	U45400AP2007PTC053344	Navayuga Bengalooru Tollway Private Limited	Nominee director	27-03-07	27-03-07	27-10-09	Active	NO
21	U85110DL2000PTC105219	In-Shape Health and Resorts Private Limited	Director	02-04-07	02-04-07	27-10-08	Active	YES
22	U70102AP2007PTC053588	NEC Real Estate Private Limited	Director	13-04-07	13-04-07	-	Active	NO
23	U70109WB2007PTC115397	Navayuga Infinity Infrastructure Private Limited	Additional director	02-05-07	02-05-07	29-08-08	Active	NO
24	U62100AP2007PTC054340	Navayuga Flytech Private Limited	Director	07-06-07	07-06-07	11-02-10	Active	NO
25	U74900AP2007PTC054344	Gateway Media Private Limited	Director	07-06-07	07-06-07	22-05-10	Active	NO
26	U45201KA2007PTC042067	Cornerstone Shelters Private Limited	Director	20-06-07	20-06-07	-	Active	NO
27	U70102KA2006PTC040019	Cornerstone Property Investments Private Limited	Director	07-09-07	07-09-07	-	Active	NO
28	U99999MH1997PTC110748	Sanborn Technology Resources Private Limited	Director	19-09-07	19-09-07	07-01-10	Active	NO
29	U40101AP2007PLC055995	Navayuga Power Corporation Limited	Director	18-10-07	18-10-07	-	Active	NO
30	U40105AP2007PLC056531	Krishnapatnam Power Corporation Limited	Director	05-12-07	05-12-07	11-02-10	Active	NO
31	U45209AP2008PTC057033	Krishnapatnam Infratech Private Limited	Director	08-01-08	08-01-08	-	Active	NO
32	U40101OR2008PLC009754	Astaranga Power Company Limited	Director	18-01-08	18-01-08	-	Active	NO
33	U27102OR2008PLC009755	Navayuga Steel Limited	Director	18-01-08	18-01-08	-	Active	NO
34	U40300AP2008PTC057882	Krishnapatnam Water Company Private Limited	Director	28-02-08	28-02-08	-	Active	NO
35	U13209OR1991PTC002927	Geomin Minerals and Marketing Private Limited	Director	29-03-08	29-03-08	-	Active	NO
36	U27101OR1991PTC002917	Konark Ferro Alloys Private Limited	Director	29-03-08	29-03-08	-	Active	NO
37	U13202OR1996PTC004607	AXL Industries Private Limited	Director	29-03-08	29-03-08	-	Active	NO
38	U74900AP2008PTC058987	Krishna Dredging Company Private Limited	Director	05-05-08	05-05-08	-	Active	NO
39	U67100AP2008PTC059301	Chinta Madhava Capital Ventures Private Limited	Director	23-05-08	23-05-08	-	Active	NO
40	U93000AP2008PTC059300	Chinta Govind Capital Ventures Private Limited	Director	23-05-08	23-05-08	-	Active	NO
41	U63032OR2008PLC010058	Jagannath Port Company Limited	Director	28-05-08	28-05-08	-	Active	NO
42	U14102AP1993PLC016535	Navayuga Exports Limited	Additional director	06-06-08	06-06-08	24-10-08	Active	NO
43	U72200AP2000PLC035176	Mapworld Technologies Limited	Additional director	09-06-08	09-06-08	11-02-10	Active	NO
44	U93000AP2008PTC061736	Krishnapatnam Security Services Private Limited	Director	06-11-08	06-11-08	11-02-10	Active	NO
45	U45203AP2009PTC064061	Navayuga Dichpally Tollway Private Limited	Director	19-06-09	19-06-09	-	Active	NO
46	U40109AP2006PTC048975	Kineta Power Private Limited	Director	25-03-10	12-01-10	-	Active	NO
47	U45200AP2007PLC052829	Machilipatnam Port Limited	Director	18-04-11	06-02-10	-	Active	NO
48	U61200AP2010PTC067529	East Coast Logistics Private Limited	Director	12-03-10	12-03-10	-	Active	NO
49	U74990AP2010PTC067589	Subham Corporation Private Limited	Director	18-03-10	18-03-10	-	Active	NO
50	U45203AP2010PTC068139	Navayuga Infra Projects Private Limited	Director	28-04-10	28-04-10	-	Active	NO
51	U45203AP2010PTC068208	Navayuga Road Projects Private Limited	Director	01-05-10	01-05-10	-	Active	NO
52	U45309AP2010PTC068207	Navayuga Port Projects Private Limited	Director	01-05-10	01-05-10	-	Active	NO
53	U74999AP2008PTC058448	Vanpic Ports Private Limited	Director	20-09-10	14-05-10	-	Active	NO
54	U45209AP2008PTC058696	Genexx Infratech Private Limited	Director	20-09-10	14-05-10	-	Active	NO
55	U61100AP2008PTC059256	Krishna Seaways Private Limited	Director	17-05-10	17-05-10	-	Active	NO
56	U70102KA2010PTC054840	Nava Vishwa Sashi Vijaya Krishna Properties Private Limited	Director	18-08-10	18-08-10	-	Active	NO
57	U11100AP2010PTC071609	South East Oil Company Private Limited	Director	10-12-10	10-12-10	-	Active	NO
58	U23101AP2010PTC071749	Nellore Coke Company Private Limited	Director	20-12-10	20-12-10	-	Active	NO
59	U23101AP2011PTC072034	Southern Coke Company Private Limited	Director	04-01-11	04-01-11	-	Active	NO
60	U74999AP2011PTC075333	Prinasubham Importexport Private Limited	Director	04-07-11	04-07-11	-	Active	NO
61	U45209AP2011PTC075951	Navayuga Tollways Private Limited	Director	12-08-11	12-08-11	-	Active	NO

Name :

Mr. Satish Banarsilal Puri

Designation :

Whole Time Director

Address :

Myhome, Navdweepa Apartments, Vayu Block, 104, Madhapur, Hyderabad – 500 033, Andhra Pradesh, India

Date of Birth/Age :

18.05.1948

Date of Appointment :

27.11.1995

DIN No.:

01242142

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	U14102AP1993PLC016535	Navayuga Exports Limited	Director	05-12-94	05-12-94	-	Active	NO
2	U45203AP1986PLC006925	Navayuga Engineering Company Limited	Whole-time director	01-04-06	27-11-95	-	Active	NO
3	U70102AP2002PTC038539	Nyse Infrastructure Private Limited	Director	18-03-02	18-03-02	-	Active	NO
4	U45203AP1996PLC023529	Krishnapatnam Port Company Limited	Whole-time director	01-04-08	16-08-05	-	Active	NO
5	U45200AP2006PTC049718	Indu Navayuga Infra Projects Private Limited	Director	06-04-06	06-04-06	16-06-10	Active	NO
6	U74900AP2009PTC066117	Grafix Engineering Consultants Private Limited	Director	03-12-09	03-12-09	-	Active	NO
7	U45200AP2007PLC052829	Machilipatnam Port Limited	Director	18-04-11	18-03-10	-	Active	NO

Name :

Mr. Sajan Singh Mangath

Designation :

Whole Time Director

Address :

D-1, Sea Surp Apartments, Beach Road, Visakhapatnam – 530 023, Andhra Pradesh, India

Date of Birth/Age :

13.06.1939

Date of Appointment :

29.03.2002

DIN No.:

01242062

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	U65921PB1995PTC016219	Grewal Brothers Finance Company Private Limited	Director	18-04-95	18-04-95	Active	NO
2	U45203AP1986PLC006925	Navayuga Engineering Company Limited	Whole-time director	01-04-06	29-03-02	Active	NO

Name :

Mr. Sarparapu Murali Krishna

Designation :

Director

Address :

Plot No.2, Sector -12, MVP Colony, Visakhapatnam – 530 017, Andhra Pradesh, India

Date of Birth/Age :

23.06.1968

Date of Appointment :

15.10.2004

DIN No.:

00616827

Name :

Mr. Girish Pankaj Baliga

Designation :

Director

Address :

Villa No.123, Phase-1, Adarsh Palm, Meadows, Airport, Whitefield Road, Bangalore – 560 066, Karnataka, India

Date of Birth/Age :

19.02.1974

Date of Appointment :

26.10.2006

DIN No.:

01554241

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	U45203AP1986PLC006925	Navayuga Engineering Company Limited	Director	26-10-06	26-10-06	Active	NO
2	U65993MH2005PTC155032	3i India Private Limited	Director	02-05-07	02-05-07	Active	NO
3	U55101MH1977PLC114178	Soma Enterprise Limited	Additional director	29-11-07	29-11-07	Active	NO
4	U45203AP1996PLC023529	Krishnapatnam Port Company Limited	Director	22-09-09	19-02-09	Active	NO
5	U40102AP2008PLC058683	GVK Energy Limited	Director	01-08-11	09-12-10	Active	NO

KEY EXECUTIVES

Name :	Mr. Yugandhar Koparthi
Designation :	Company Secretary
Address :	LIG-A-37, A.S. Rao Nagar, ECIL, Hyderabad – 500 062, Andhra Pradesh, India
Date of Birth/Age :	19.03.1972
Date of Appointment :	01.02.2006
PAN No.:	AQWPK9257D

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 26.08.2011

Names of Shareholders	No. of Shares
Chinta Visweswara Rao	1295450
Chinta Sridhar	8658049
Chinta Sasidhar	8658049
Satish Banrsilal Puri	735000

As on 26.08.2011

Equity Share Breakup	Percentage of Holding
Category
Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others]	11.77
Bodies corporate	13.11
Directors or relatives of directors	71.83
Others	3.29
Total	100.00

BUSINESS DETAILS

Line of Business :

Construction Contractors

GENERAL INFORMATION

No. of Employees :

1000 (In office) (Approximately)

Bankers :

v IndusInd Bank Limited, 2401 Gen Thimmayya Road, Contonment, Pune – 411 001, Maharashtra, India.

v Yes Bank Limited, 9^th Floor, Nehru Centre, Discovery of India, Dr. Annie Besant Road, Worli, Mumbai – 400 018, Maharashtra, India

v State Bank of India, CAG Branch, “OZONE” Commercial Complex, 2^nd Floor, 6-3-669, Punjagutta Main Road, Hyderabad-500082, Andhra Pradesh, India

v ICICI Bank, Hyderabad

v ICICI Bank Limited, Landmarkrace Cource Circle, Alkapuri, Baroda - 390 015, Gujarat, India

v State Bank of Hyderabad, Industrial Finance Branch, Topaz Building, Amrutha Hills, Panjagutta, Hyderabad-500082, Andhra Pradesh, India

v Industrial Development Bank of India Limited, Vishakhapatnam Branch, Balaji Mangalagiri Chambers, 9/29/6-1M Balaji Nagar, Siripuram Vishakhapatnam - 530 003, Andhra Pradesh, India

v United Bank of India

v State Bank of Travancore

v Oriental Bank of Commerce

v Syndicate Bank, Corporate Finance Branch, 1^st Floor, Mumbai Towers, Opposite Nims, Panjagutta, Hyderabad – 500 033, Andhra Pradesh, India

v HDFC Bank

v Standard Chartered Bank

v Punjab and Sind Bank

v HSBC Bank

v State Bank of Patiala

v Axis Bank

v State Bank of Indore

v Barclays Bank PLC

v YES Bank

v Andhra Bank

v Allahabad Bank

v IDBI Bank Limited, IDBI Tower WTC Complex, Cuffe Parade, Mumbai - 400 005, Maharashtra, India

Facilities :

Secures Loan	31.03.2010 (Rs. in Millions)	31.03.2009 (Rs. in Millions)
From Banks
Term Loans
Rupee Loan	5956.377	2069.019
Foreign Currency Loan	5657.312	5929.107
Cash Credit From Banks	390.478	2298.815
From Others
Term loans (vehicle loans)	70.847	86.932
Total	12075.014	10383.873
Unsecured Loan	31.03.2010 (Rs. in Millions)	31.03.2009 (Rs. in Millions)
From Contractees	2482.793	2768.502
From Others	75.934	223.975
From Banks	2508.495	612.825
Total	5067.222	3605.302

Note:

1. Cash credit facilities from banks are secured by hypothecation of current assets both present and future and movable fixed assets on pari passu basis under multiple banking arrangement.
2. Term loans for purchase of equipments/vehicles from banks and other are accrued against the assets purchase out of the said loans.
3. Term loans from banks for working capital assistance are secured against hypothecation of current assets, both present and future and movable fixed assets on pari passu basis under multiple banking arrangement.
4. Term loan from State Bank of India for Krishna River Bridge is secured against assignment of the toll collection rights.
5. Mobilization and machinery advances from contractees are guaranteed by the company and bankers.

Banking Relations :	--
Auditors :
Name :	C Venkat Krishna and Company Chartered Accountant
Address :	909A, Raghavartna Lane, Chirag Ali Lane, Abidas, Hyderabad – 500 001, Andhra Pradesh, India
Fax No.:	91-40-23201035/ 23201598
E-Mail :	hyd1_auditor@yahoo.co.in
Income-tax PAN of auditor or auditor's firm :	AABFC2051L
Subsidiaries :	v Godavari Toll Bridge Private Limited (CIN No.:U45200AP2006PTC049585) v Navayuga Bengalooru Tollway Private Limited (CIN No.:U45400AP2007PTC053344) v Navayuga Infratech Limited v In-Shape Health and Resorts Private Limited (CIN No.:U85110DL2000PTC105219) v NEC Real Estate Private Limited (CIN No.:U70102AP2007PTC053588) v Hitech Infra Limited v Indu Navayuga Infra Project Limited (CIN No.:U45200AP2006PTC049718) v Navayuga Devanahalli Tollway Private Limited (CIN No.:U45203AP2010PTC067113) v Navayuga Dichpally Tollway Private Limited (CIN No.:U45203AP2009PTC064061) v Navayuga Udupi Tollway Private Limited (CIN No.:U45204AP2009PTC066139)
Associates/ Related Parties :	v Navayuga Exports Limited v Navayuga Infotech Private Limited v NYSE Infrastructure Private Limited v NYSE Properties Private Limited v Pyramid Infrastructure Private Limited v Navayuga Spacial Technologies Private Limited v Spacial Networks Private Limited v Navayuga Spacial Networks Private Limited v Krishnapatnam Port Company Limited v Navayuga Engg Company WLL-Qatar v Krishnapatnam Holdings Private Limited v CVR Holdings Private Limited v Chinta Investments Private Limited v Navayuga Steels Limited v Navayuga Power Corporation Limited v Navayuga Fly Tech Private Limited v Gateway Media Private Limited v Navaneetha Agri Dev Company Private Limited v Navaneetha Agri Tech Private Limited v Navaneetha Agro Fields Private Limited v Navayuga Legalla Estates Private Limited v Navayuga Real Ventures Private Limited v Asthranga Power Company Limited v AXL Industries Private Limited v Geomin Minerals and Marketing Limited v Jagannath Port Company Limited v Krishnapatnam Infratech Private Limited v Krishna Dredging Company Private Limited v Map World Technologies Limited v Cuddalore Port Company Private Limited v Madhava Motors v Madhava Lubricants v Madhava Projects v Madan Mohan Lall Sriram Private Limited v Konark Ferro Alloys Private Limited v Utkal Aqua Private Limited v Navayuga Minerals Limited v Digi Trans Private Limited v Genixx Enpower Corporation Private Limited v Vanpic Port Private Limited v Machilipatnam Port Limited v Navayuga Infrastructure Corporation Private Limited v SEW Navayuga Barwani Tollway Private Limited v Krishnapatnam Power Corporation Limited v Krishnapatnam Water Co. Private Limited v Krishna Seaways Private Limited v Chinta Govind Capital Ventures Private Limited v Chinta Madhav Capital Venture Private Limited v Cuddalore Infrastructure Holdings Private Limited v Seabase Impex Private Limited v Nekkanti Power Privaste Limited v Nekkanti Stugars Private Limited v Grafixx Engg Consultants Private Limited v East Coast Logistics Private Limited v Subham Corp Private Limited
Joint Ventures :	v IVRCL Navayuga SEW JV v Navayuga-IVRCL-SEW JV v NEC-NCC-Mytass JV v Navayuga-Transtoy JV v Navayuga-AAG-ABB JV v Navayuga-Patel-BHEL Consortium

CAPITAL STRUCTURE

As on 31.03.2010

Authorised Capital :

No. of Shares	Type	Value	Amount
40500000	Equity Shares	Rs.10/- each	Rs.405.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
40048077	Equity Shares	Rs.10/- each	Rs.400.481 Millions

Note:

(Of the above 33450000 Equity Shares of Rs.10/- each were allotted as fully paid up bonus shares from time to time by capitalizing General Reserve)

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		400.481	400.481	400.481
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		10782.966	8405.630	6150.684
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		11183.447	8806.111	6551.165
LOAN FUNDS
1] Secured Loans		12075.014	10383.873	4966.026
2] Unsecured Loans		5067.222	3605.302	3626.474
TOTAL BORROWING		17142.236	13989.175	8592.500
DEFERRED TAX LIABILITIES		678.173	522.896	219.356
TOTAL		29003.856	23318.182	15363.021
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		10525.326	9873.306	5639.307
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		9877.059	4142.625	3252.165
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories/ Work-in-Progress	3078.752	3399.762	2504.425
	Sundry Debtors	7851.242	7272.005	3467.221
	Cash & Bank Balances	1161.897	719.933	720.051
	Other Current Assets	4831.595	3193.398	2818.750
	Loans & Advances	1537.742	1629.126	2466.310
Total Current Assets		18461.228	16214.224	11976.757
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	3950.273	2678.518	3084.515
	Other Current Liabilities	4855.296	3295.844	1604.493
	Provisions	1054.188	937.611	816.200
Total Current Liabilities		9859.757	6911.973	5505.208
Net Current Assets		8601.471	9302.251	6471.549
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		29003.856	23318.182	15363.021

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2010	31.03.2009	31.03.2008
	SALES
		Gross Contract Revenue	28119.890	26157.428	18500.453
		Other Income	339.103	314.555	430.017
		TOTAL (A)	28458.993	26471.983	18930.470
Less	EXPENSES
		Material Consumed	8977.625	7593.992	5653.175
		Works Cost	11868.767	10957.124	8445.187
		Administrative Overheads	896.186	894.633	1075.691
		Personnel Overheads	703.362	507.611	288.089
		Increase or decreased in work in progress/ unaccrued contract revenue	353.104	1366.365	25.938
		TOTAL (B)	22799.044	21319.725	15488.080
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		5659.949	5152.258	3442.390
Less	FINANCIAL EXPENSES (D)		1391.329	1195.612	595.392
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		4268.620	3956.646	2846.998
Less/ Add	DEPRECIATION/ AMORTISATION (F)		650.882	504.417	235.015
	PROFIT BEFORE TAX (E-F) (G)		3617.738	3452.229	2611.983
Less	TAX (H)		1209.466	1241.151	911.795
	PROFIT AFTER TAX (G-H) (I)		2408.272	2211.078	1700.188
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		5750.901	3789.823	2289.635
Less	APPROPRIATIONS
		Transfer to General Reserve	250.000	250.000	200.000
	BALANCE CARRIED TO THE B/S		7909.173	5750.901	3789.823
	IMPORTS
		Stores & Spares	NA	22.574	43.390
		Capital Goods	NA	4134.676	1782.625
	TOTAL IMPORTS		NA	4157.250	1826.015
	Earnings Per Share (Rs.)		60.13	56.21	42.45

KEY RATIOS

PARTICULARS		31.03.2010	31.03.2009	31.03.2008
PAT / Total Income	(%)	8.46	8.35	8.98
Net Profit Margin (PBT/Sales)	(%)	12.87	13.20	14.11
Return on Total Assets (PBT/Total Assets}	(%)	12.48	13.23	14.83
Return on Investment (ROI) (PBT/Networth)		0.32	0.39	0.40
Debt Equity Ratio (Total Liability/Networth)		2.41	2.37	2.15
Current Ratio (Current Asset/Current Liability)		1.87	2.35	2.18

LOCAL AGENCY FURTHER INFORMATION

YEAR IN RETROSPECT

The company has registered robust growth during the year. The Sales and other income for the financial year were Rs.28119.900 Millions against Rs.26157.400 Millions for the previous year financial year registering an increase of 7.50%. The Profit Before Tax (After interest and Depreciation Charges) of Rs.3617.700 Millions and the Profit After Tax of Rs.2408.300 Millions for the financial year as against Rs.3452.200 Millions and Rs.2211.100 Millions respectively for the previous financial year, Increased by 4.80% and 8.92% respectively.

PROSPECTS

The company is expecting a formidable order book of about Rs.250000.000 Millions by the end of this year, comprising of a portfolio of contracts, EPCs and BOTs. It is poised to capture a predominant space in the Indian infrastructure sky in the coming years as a company delivering timely and quality services across a broad spectrum - Irrigation, Ports, Roads and Bridges, Piling / Diaphram and other Marine Structures.

The company like many infrastructure companies takes pride as an Indian Corporate citizen in providing the much-needed fillip to their slowing economy by smart performance.

Contingent Liabilities:

Particular	As on 31.03.2010 (Rs. in Millions)	As on 31.03.2009 (Rs. in Millions)
a. Counter Guarantees given to Bankers in respect of Bank Guarantees and unexpired Letter of Credits	10432.900	10206.000
b. Disputed VAT, Sales Tax and Entry Tax - Visakhapatnam	48.605	14.300
c. Disputed UP Trade Tax - Kanpur	24.438	27.800
d. Disputed income tax demands	--	49.700
e. Corporate Guarantee on behalf of subsidiaries	3916.300	3916.300
f. Disputed service tax demands	255.000	--
Total	14677.243	14214.100

FORM 8

Corporate identity number of the company	U45203AP1986PLC006925
Name of the company	NAVAYUGA ENGINEERING COMPANY LIMITED
Address of the registered office or of the principal place of business in India of the company	D No. # 48-9-17, Dwaraka Nagar, Vishakhapatnam – 530 016, Andhra Pradesh, India E-Mail: yugandhar@navayuga.com
This form is for	Modification of charge
Charge identification number of the modified	90261958
Type of charge	Book Debts Movable Property (not being pledge) Floating Charge Others (Extension of equitable mortgage of properties)
Particular of charge holder	CIN No.: L65190MH2004GOI148838 IDBI Bank Limited, IDBI Tower WTC Complex, Cuffe Parade, Mumbai - 400 005, Maharashtra, India E-Mail: visweswar_rao@idbi.co.in
Nature of description of the instrument creating or modifying the charge	Deed of hypothecation facility agreement Omnibus counter guarantee agreements Sanction letters
Date of instrument Creating the charge	17.12.2011
Amount secured by the charge	Rs.3020.900 millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest: Cash credit - BBR plus 325 bps (presently BBR is 9.50% p.a.), bill discounting - as per extent guidelines, BG-0.50% p.a.+ service tax on quarterly basis and LC-charges 0.60% p.a. (as per sanction letter) Terms of Repayment: 1)cash credit of Rs.200.000 millions payable on demand 2) on bill discounting (drawn under letter credit) limit of Rs.300.000 millions usance period of individual bill not to exceed 180 days/12 months time line 3)purchase bill discounting limit of Rs.300.000 millions not exceeding 90 days 4) BG of Rs.1500.000 millions not exceeding 60 months. 5) LC (sub limit of BG) of Rs.500.000 millions not exceeding 180 days 6) CAPEX LC of Rs.900.000 millions, less than 3 years and others as per sanction letter Margin: 1) on cash credit - Uniform Margin of 25% on stocks and Book debts within 180 days 2) on bill discounting (drawn under letter credit)- Nil 3) Purchase bill discounting limit- Nil 4) Bank guarantee - Nil 5) Letter of credit (sub limit of BG) - Nil 6) Letter of credit and buyers credit - CAPEX- 15% cash margin 7) treasury limit - Nil Extent and Operation of the charge: Primary: first pari-passu charge on the entire current assets of the company Collateral: Equitable mortgage of 7 immovable properties of the company under MBA and first hypothecation charge on the entire unencumbered movable fixed assets of the company (as per the details mentioned in enclosed sanction letter)
Short particulars of the property charged	Primary: first pari-passu charge on the entire current assets of the company Collateral: Equitable mortgage of 7 immovable properties of the company under MBA Collateral: first hypothecation charge on the entire unencumbered movable fixed assets of the company.
Date of latest modification prior to the present modification	15.03.2010
Particulars of the present modification	Cash Credit increased to Rs.200.000 millions, Bill discounting reduced to Rs.300.000 millions, Bank Guarantee Limit of Rs.1500.000 millions at existing level with a LC sub limit of Rs.500.000 millions. New CAPEX Letter of credit/buyers credit of Rs.900.000 millions, New treasury limit of Rs.100.000 millions and Term loan reduced to Rs.20.900 millions.

Corporate identity number of the company	U45203AP1986PLC006925
Name of the company	NAVAYUGA ENGINEERING COMPANY LIMITED
Address of the registered office or of the principal place of business in India of the company	D No. # 48-9-17, Dwaraka Nagar, Vishakhapatnam - 530 016, Andhra Pradesh, India
This form is for	Creation of charge
Type of charge	Movable Property (not being pledge)
Particular of charge holder	ICICI Bank Limited, Landmarkrace Cource Circle, Alkapuri, Baroda-390015, Gujarat, India
Nature of instrument creating charge	Deed of Hypothecation
Date of instrument Creating the charge	23.09.2010
Amount secured by the charge	Rs.720.000 Millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of Interest The Aggregate of: the applicable Margin and 6 months LIBOR Terms of Repayment Repayable in 78 months form the date of initial drawn down Margin 4.00% p.a. Extent and Operation of the charge Exclusive charge by way of hypothecation on equipments purchased/ to be purchased out of the facility amount
Short particulars of the property charged	Exclusive charge by way of hypothecation on equipments purchased/ to be purchased out of the facility amount

This form is for	Creation of charge
Corporate identity number of the company	U45203AP1986PLC006925
Name of the company	NAVAYUGA ENGINEERING COMPANY LIMITED
Address of the registered office or of the principal place of business in India of the company	D No. # 48-9-17, Dwaraka Nagar, Vishakhapatnam - 530 016, Andhra Pradesh, India
Type of charge	Book Debts Movable Property (not being pledge) Others
Particular of charge holder	Yes Bank Limited, 9th floor, Nehru Centre, Discovery of India, dr. Annie Besant Road, Worli, Mumbai-400018, Maharashtra, India.
Email	shareholders@yesbank.in
Nature of description of the instrument creating or modifying the charge	Deed of Hypothecation
Date of instrument Creating the charge	15.06.2010
Amount secured by the charge	Rs.500.000 Millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest TL-II-4% below YES Bank PLR presently YBL PLR applicable is 16.5% p.a. LOU for BC-To be decided at the time disbursement LC(Usance)-To be decided at the time disbursement Terms of Repayment TL-II- Semi-annual installments after a moratorium of one year LOU for BC-Validity-36 months LC(Usance)-Validity-6 months, Usance-6 months Margin Debt equity ratio of 90:10 to be maintained for the proposed acquisition of dredger Extent and Operation of the charge Exclusive charge on the Dredger and its Receivables financed by YBL more particularly described in schedule to Deed of Hypothecation
Short particulars of the property charged	I) All the book debts and receivables of the borrower (arising from the dredger financed by YBL) including outstandings monies receivables and claims. II) Exclusive charge on the dredger financed out of YBL facilities brought into to the order or disposition of the borrower or in the course of transit or on high seas or on order or on delivery

FIXED ASSETS:

v Land

v Building

v Plant and Machinery

v Vehicles

v Office Equipments

v Furniture and Fixture

v Data Processing Machinery

v Temporary Slides

v Shuttering Material

WEBSITE DETAILS:

PROFILE:

Subject was incorporated in the year 1986, with it's main focus on the construction of Pile foundation, Diaphragm wall and Marine structures like Berths, Wharves and Jetties.

Over the years, Subject has grown multifold adding expertise and capabilities in the areas of special foundations, large diameter bored piles and diaphragm walls, ground improvement techniques, industrial structures, roads and bridges etc. Subject's excellent track record in the industry and efforts enabled it to take up multi-disciplinary Turnkey projects on EPC basis and infrastructure facilities on Build, Operate and Transfer (B.O.T) and Annuity process basis.

Subject is one of the few Indian construction companies having the specialised equipments and expertise for the execution of bored cast insitu piles of upto 3000mm in diameter and 75 metres in depth. Subject has executed over 1,500,000 RM of bored piles and 300,000 Sqm of RCC diaphragm walls (Straight, angular, L and T shaped) since inception.

Subject has constructed over 9000 RM of harbour structures covering most major ports in India out of which more than 4500 RM were on subject's COST EFFECTIVE IN-HOUSE ALTERNATE DESIGN PROPOSALS.

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.48.68
UK Pound	1	Rs.76.75
Euro	1	Rs.63.57

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	8
PAID-UP CAPITAL	1~10	7
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	8
--PROFITABILIRY	1~10	8
--LIQUIDITY	1~10	7
--LEVERAGE	1~10	7
--RESERVES	1~10	8
--CREDIT LINES	1~10	6
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		65

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.