1. Summary Information

		Country	India
Company Name	SANMAN TRADE IMPEX PRIVATE LIMITED	Principal Name 1	Mr. Nitinkumar Deendayal Didwania
Status	Satisfactory	Principal Name 2	Mrs. Sushmadevi Deendayal Didwania
		Registration #	11-104099
Street Address	1410, Maker Chambers V, Nariman Point, Mumbai-400021, Maharashtra
Established Date	22.11.1996	SIC Code	--
Telephone#	91-22-22832170	Business Style 1	Trader
Fax #	91-22-22821605/22824440	Business Style 2	--
Homepage	www.sanmantrade.com	Product Name 1	Metals
# of employees	Not Available	Product Name 2	Paper
Paid up capital	Rs.30,000,000/-	Product Name 3	Chemicals
Shareholders	Directors or relatives of directors 100.00%	Banking	IDBI Bank Limited
Public Limited Corp.	No	Business Period	15 Years
IPO	No	International Ins.	-
Public Enterprise	No	Rating	Ba (52)
Related Company
Relation	Country	Company Name	CEO
--	--	--	--
Note	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2010		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	696,314,000	Current Liabilities	421,861,000
Inventories	129,241,000	Long-term Liabilities	74,002,000
Fixed Assets	28,355,000	Other Liabilities	7,955,000
Deferred Assets	0000	Total Liabilities	503,818,000
Invest& other Assets	87,000	Retained Earnings	320,179,000
		Net Worth	350,179,000
Total Assets	853,997,000	Total Liab. & Equity	853,997,000
Total Assets (Previous Year)	725,916,000
P/L Statement as of	31.03.2010		(Unit: Indian Rs.)
Sales/ Total Income	3,490,010,000	Net Profit	65,858,000
Sales/ Total Income (Previous yr)	2,709,092,000	Net Profit(Prev.yr)	64,465,000

MIRA INFORM REPORT

Report Date :

13.02.2012

IDENTIFICATION DETAILS

Name :	SANMAN TRADE IMPEX PRIVATE LIMITED
Registered Office :	1410, Maker Chambers V, Nariman Point, Mumbai-400021, Maharashtra
Country :	India
Financials (as on) :	31.03.2010
Date of Incorporation :	22.11.1996
Com. Reg. No.:	11-104099
Capital Investment / Paid-up Capital :	Rs.30.000 Millions
CIN No.: [Company Identification No.]	U51900MH1996PTC104099
TAN No.: [Tax Deduction & Collection Account No.]	MUMS27612E
Legal Form :	Private Limited Liability Company
Line of Business :	Trading in Metals, Paper, Chemicals, Plastics, Software.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (52)

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

Maximum Credit Limit :	USD 1400000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is a well established company having satisfactory track. 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 :	1410, Maker Chambers V, Nariman Point, Mumbai-400021, Maharashtra, India
Tel. No.:	91-22-22832170/22824444/22850669
Fax No.:	91-22-22821605/22824440
E-Mail :	saanman22.11.1996@gmail.com corp@hmlindia.com
Website:	www.sanmantrade.com
Corporate Office:	712A, Embassy Centre, Nariman Point, Mumbai-400021, Maharashtra , India
Tel. No.:	91-22-22624444/33554444
Fax No.:	91-22-22824440/39412333
E-Mail :	info@sanmantrade.com
Sez Office:	Shed No. 252, Sector III, KSEZ, Kandla, Gandhidham, Gujarat, India
E-Mail :	veritasexports@hotmail.com

DIRECTORS

As on 29.09.2011

Name :

Mr. Nitinkumar Deendayal Didwania

Designation :

Director

Address :

172, Kshitu, 47, Nepeansea Road, Mumbai-400036, Maharashtra, India

Date of Birth/Age :

23.06.1974

Date of Appointment :

12.04.1999

Din No.:

00210289

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	U99999MH1994PTC082808	VERITAS PROPERTIES PRIVATE LIMITED	Director	11-11-94	11-11-94	-	Active	NO
2	U65990MH1994PLC082813	VERITAS INVESTMENTS LIMITED	Director	11-11-94	11-11-94	-	Active	NO
3	U65990MH1995PTC095594	REVIVE SECURITIES PRIVATE LIMITED	Director	12-02-96	12-02-96	-	Active	NO
4	U65900MH1996PLC099279	INDIA FINTRADE LIMITED	Director	21-05-96	21-05-96	-	Active	NO
5	U51900MH1995PLC093674	HAZEL MERCANTILE LIMITED	Managing director	01-04-97	01-04-97	-	Active	NO
6	U51900MH1996PTC104099	SANMAN TRADE IMPEX PRIVATE LIMITED	Director	12-04-99	12-04-99	-	Active	NO
7	U67120MH1996PTC097863	PRICELESS INVESTRADE PRIVATE LIMITED	Director	12-04-99	12-04-99	-	Active	NO
8	U65990MH1996PTC102669	TRIDENT FINTRADE PRIVATE LIMITED	Director	02-04-01	02-04-01	-	Active	NO
9	U51900MH1996PTC104063	EBEN TRADE IMPEX PRIVATE LIMITED	Director	01-08-01	01-08-01	-	Active	NO
10	U32303MH1990PTC055793	RHYTHM CREATORS PRIVATE LIMITED	Director	12-05-03	12-05-03	-	Active	NO
11	U51909MH2004PTC145098	PRAKRUTI IMPORT EXPORT PRIVATE LIMITED	Director	16-03-04	16-03-04	-	Active	NO
12	U51390MH2004PTC145298	EFFIN IMPORT EXPORT PRIVATE LIMITED	Director	24-03-04	24-03-04	-	Active	NO
13	U72900MH2004PLC146236	HAZEL INFOTECH LIMITED	Director	12-05-04	12-05-04	-	Active	NO
14	U51909MH2005PTC154481	ASPEN INTERNATIONAL PRIVATE LIMITED	Director	05-07-05	05-07-05	-	Active	NO
15	U70100MH2005PTC151379	AVID PROPERTIES PRIVATE LIMITED	Director	05-08-05	05-08-05	-	Active	NO
16	U70100MH2005PTC151367	GRACIOUS REAL ESTATES PRIVATE LIMITED	Director	05-08-05	05-08-05	-	Active	NO
17	U51420MH2005PTC156446	HAZEL METALS AND MINERALS PRIVATE LIMITED	Director	29-09-05	29-09-05	-	Active	NO
18	U51909MH2005PTC151378	CLAIRVOYANT TRADE IMPEX PRIVATE LIMITED	Director	28-10-05	28-10-05	-	Active	NO
19	U65990MH1996PTC103255	VERTEX FINTRADE PRIVATE LIMITED	Director	31-03-06	31-03-06	27-04-07	Active	NO
20	U51909MH2006PTC161460	COUNTY TRADE IMPEX PRIVATE LIMITED	Director	28-04-06	28-04-06	-	Active	NO
21	U63090MH2006PTC161463	HAZEL LOGISTICS PRIVATE LIMITED	Director	28-04-06	28-04-06	-	Active	NO
22	U51909MH2006PTC161459	SHIMMER TRADE IMPEX PRIVATE LIMITED	Director	28-04-06	28-04-06	-	Active	NO
23	U51909MH2006PTC161464	MATIN EXIM PRIVATE LIMITED	Director	28-04-06	28-04-06	-	Active	NO
24	U70100MH2006PTC161465	SEARS REAL ESTATES PRIVATE LIMITED	Director	28-04-06	28-04-06	-	Active	NO
25	U70100MH2006PTC161461	UDESHYA PROPERTIES PRIVATE LIMITED	Director	28-04-06	28-04-06	04-01-12	Active	NO
26	U23209MH2006PLC166626	BIOFUELS (VERITAS) LIMITED	Director	29-12-06	29-12-06	-	Active	NO
27	U45200MH2007PTC167839	VERITAS INFRASTRUCTURE DEVELOPMENT LIMITED	Director	13-02-07	13-02-07	-	Active	NO
28	U01403MH2007PTC168117	VERITAS AGRO VENTURES PRIVATE LIMITED	Director	24-02-07	24-02-07	-	Active	NO
29	L23209MH1985PLC035702	VERITAS (INDIA) LIMITED	Director	05-12-07	05-12-07	-	Active	NO
30	U67190MH1996PTC103717	ARISTO FINCAP PRIVATE LIMITED	Additional director	01-02-08	01-02-08	-	Active	NO
31	U51109MH2008PLC182189	GROUPE VERITAS LIMITED	Director	14-05-08	14-05-08	-	Active	NO
32	U45202MH2008PLC182355	HAZEL INFRA LIMITED	Director	17-05-08	17-05-08	-	Active	NO
33	U51909MH2005PTC151366	DIVA TRADE IMPEX PRIVATE LIMITED	Additional director	20-02-10	20-02-10	-	Active	NO
34	U52390MH2009PTC192131	ONTIME TRADE IMPEX PRIVATE LIMITED	Additional director	17-03-10	17-03-10	-	Active	NO
35	U51909WB2009PTC135084	TITLY BARTER PRIVATE LIMITED	Additional director	19-07-10	19-07-10	-	Active	NO
36	U51909MH2005PTC152105	ASTER IMPEX PRIVATE LIMITED	Additional director	23-07-10	23-07-10	-	Active	NO
37	U55101MH2007PTC170599	NERINE RESORT PRIVATE LIMITED	Director	11-09-10	11-09-10	-	Active	NO
38	U01403MH2010PTC209773	SAINATH AGRICULTURE PRIVATE LIMITED	Director	03-11-10	03-11-10	-	Active	NO
39	U01403MH2010PTC209989	BHUMIPUTRA AGRO PRIVATE LIMITED	Director	12-11-10	12-11-10	-	Active	NO
40	U70102MH2010PTC210721	KAMYAB PROPERTIES PRIVATE LIMITED	Director	07-12-10	07-12-10	-	Active	NO
41	U45202MH2010PTC210683	AAFREEN PROPERTIES PRIVATE LIMITED	Director	07-12-10	07-12-10	-	Active	NO
42	U01403MH2010PTC210812	VISHWA AGRICULTURE PRIVATE LIMITED	Director	08-12-10	08-12-10	-	Active	NO
43	U01403MH2010PTC210809	ZAMEEN AGRO PRIVATE LIMITED	Director	08-12-10	08-12-10	-	Active	NO
44	U01403MH2010PTC210804	KUDRAT FARMING PRIVATE LIMITED	Director	08-12-10	08-12-10	-	Active	NO
45	U01403MH2010PTC211346	SHUBH LABH AGRICULTURE PRIVATE LIMITED	Director	24-12-10	24-12-10	-	Active	NO
46	U45202MH2011PTC211769	AFFLUENT PROPERTIES PRIVATE LIMITED	Director	03-01-11	03-01-11	-	Active	NO
47	U45400MH2011PTC211767	GLISTENING PROPERTIES PRIVATE LIMITED	Director	03-01-11	03-01-11	-	Active	NO
48	U01403MH2011PTC212396	VIDHATA FARMING PRIVATE LIMITED	Director	17-01-11	17-01-11	-	Active	NO
49	U01404MH2011PTC212659	BEST FARMING PRIVATE LIMITED	Director	22-01-11	22-01-11	-	Active	NO
50	U01403MH2011PTC212664	BHOOMI FARMING PRIVATE LIMITED	Director	24-01-11	24-01-11	-	Active	NO
51	U01403MH2011PTC212691	FASAL FARMING PRIVATE LIMITED	Director	25-01-11	25-01-11	-	Active	NO
52	U01122MH2011PTC212914	MOTHER NATURE AGRICOM PRIVATE LIMITED	Director	01-02-11	01-02-11	-	Active	NO
53	U01403MH2011PTC212913	KAMYAB FARMS PRIVATE LIMITED	Director	01-02-11	01-02-11	-	Active	NO
54	U01403MH2011PTC212909	GOLDEN ARROW AGRO PRIVATE LIMITED	Director	01-02-11	01-02-11	-	Active	NO
55	U01500MH2011PTC212872	DHARNIDHAR AGRICULTURE PRIVATE LIMITED	Director	01-02-11	01-02-11	-	Active	NO
56	U01500MH2011PTC212869	HARYALI FARMING PRIVATE LIMITED	Director	01-02-11	01-02-11	-	Active	NO
57	U51909MH2011PTC213132	TRITON INTERNATIONAL PRIVATE LIMITED	Director	07-02-11	07-02-11	04-01-12	Active	NO
58	U01403MH2011PTC213150	GOLDCROP AGRO PRIVATE LIMITED	Director	07-02-11	07-02-11	-	Active	NO
59	U70109MH2011PTC213831	VERITAS HOUSING DEVELOPMENT PRIVATE LIMITED	Director	21-02-11	21-02-11	-	Active	NO
60	U01403MH2011PTC215010	DHARNI FARMING PRIVATE LIMITED	Director	19-03-11	19-03-11	-	Active	NO
61	U01403MH2011PTC215009	KRUSHI FARMING PRIVATE LIMITED	Director	19-03-11	19-03-11	-	Active	NO
62	U01403MH2011PTC216554	DHARA FARMING PRIVATE LIMITED	Director	21-04-11	21-04-11	-	Active	NO
63	U70102MH2011PTC219072	VERITAS HABITATS PRIVATE LIMITED	Director	24-06-11	24-06-11	-	Active	NO
64	U65900MH2011PTC224947	SANCHAY INVESTMENTS PRIVATE LIMITED	Director	14-12-11	14-12-11	-	Active	NO

Name :

Mrs. Sushmadevi Deendayal Didwania

Designation :

Director

Address :

172, Kshitu, 47, Nepeansea Road, Mumbai-400036, Maharashtra, India

Date of Birth/Age :

30.09.1955

Date of Appointment :

12.04.1999

Din No.:

00210240

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	U99999MH1994PTC082808	VERITAS PROPERTIES PRIVATE LIMITED	Director	11-11-94	11-11-94	Active	NO
2	U65990MH1994PLC082813	VERITAS INVESTMENTS LIMITED	Director	11-11-94	11-11-94	Active	NO
3	U65990MH1995PTC095594	REVIVE SECURITIES PRIVATE LIMITED	Director	12-02-96	12-02-96	Active	NO
4	U51900MH1995PLC093674	HAZEL MERCANTILE LIMITED	Director	01-04-97	01-04-97	Active	NO
5	U65900MH1996PLC099279	INDIA FINTRADE LIMITED	Director	15-12-97	15-12-97	Active	NO
6	U51900MH1996PTC104099	SANMAN TRADE IMPEX PRIVATE LIMITED	Director	12-04-99	12-04-99	Active	NO
7	U67120MH1996PTC097863	PRICELESS INVESTRADE PRIVATE LIMITED	Director	12-04-99	12-04-99	Active	NO
8	U65990MH1996PTC102669	TRIDENT FINTRADE PRIVATE LIMITED	Director	02-04-01	02-04-01	Active	NO
9	U51900MH1996PTC104063	EBEN TRADE IMPEX PRIVATE LIMITED	Director	01-08-01	01-08-01	Active	NO
10	U32303MH1990PTC055793	RHYTHM CREATORS PRIVATE LIMITED	Director	12-05-03	12-05-03	Active	NO
11	U51909MH2005PTC151378	CLAIRVOYANT TRADE IMPEX PRIVATE LIMITED	Director	28-10-05	28-10-05	Active	NO
12	U51909MH2006PTC161460	COUNTY TRADE IMPEX PRIVATE LIMITED	Director	28-04-06	28-04-06	Active	NO
13	U63090MH2006PTC161463	HAZEL LOGISTICS PRIVATE LIMITED	Director	28-04-06	28-04-06	Active	NO
14	U51909MH2006PTC161459	SHIMMER TRADE IMPEX PRIVATE LIMITED	Director	28-04-06	28-04-06	Active	NO
15	U51909MH2006PTC161464	MATIN EXIM PRIVATE LIMITED	Director	28-04-06	28-04-06	Active	NO
16	U70100MH2006PTC161465	SEARS REAL ESTATES PRIVATE LIMITED	Director	28-04-06	28-04-06	Active	NO
17	U01403MH2007PTC168117	VERITAS AGRO VENTURES PRIVATE LIMITED	Director	24-02-07	24-02-07	Active	NO
18	U45202MH2011PTC211769	AFFLUENT PROPERTIES PRIVATE LIMITED	Director	03-01-11	03-01-11	Active	NO
19	U45400MH2011PTC211767	GLISTENING PROPERTIES PRIVATE LIMITED	Director	03-01-11	03-01-11	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 29.09.2011

Names of Shareholders	No. of Shares
Nitinkumar Deendayal Didwania	2999990
Sushmadevi Deendayal Didwania	10
Total	3000000

As on 29.09.2011

Equity Share Breakup	Percentage of Holding
Category
Directors or relatives of directors	100.00

BUSINESS DETAILS

Line of Business :

Trading in Metals, Paper, Chemicals, Plastics, Software.

GENERAL INFORMATION

Bankers :

· State Bank of Indore, 214, D N Road, Fort, Mumbai-400001, Maharashtra, India

· Punjab National Bank, Raheja Chambers, Foreshore Road Branch, Nariman Point, Mumbai-400021, Maharashtra, India

· IDBI Bank Limited, IDBI Tower, WTC Complex, Cuffe Parade, Mumbai-400005, Maharashtra, India

Facilities :

Secured Loan	As on 31.03.2010 [Rs. in Millions]	As on 31.03.2009 [Rs. in Millions]
Bank overdraft	67.643	41.628
Total	67.643	41.628
Unsecured Loan
From Directors	6.359	30.214
Total	6.359	30.214

Banking Relations :	--
Auditors :
Name :	Shabbier S. Bagasrawala Chartered Accountants
Address :	Office No. 8, 1t Floor, Narayan Niwas, 63, Aarey Road, Off S.V. Road, Goregaon (West), Mumbai-400062, Maharashtra, India
Pan No.:	AAKPB8971F

CAPITAL STRUCTURE

As on 31.03.2010

Authorised Capital :

No. of Shares	Type	Value	Amount
3000000	Equity Shares	Rs.10/- each	Rs.30.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
3000000	Equity Shares	Rs.10/- each	Rs.30.000 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		30.000	30.000	30.000
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		320.179	254.321	189.856
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		350.179	284.321	219.856
LOAN FUNDS
1] Secured Loans		67.643	41.628	41.207
2] Unsecured Loans		6.359	30.214	39.068
TOTAL BORROWING		74.002	71.842	80.275
DEFERRED TAX LIABILITIES		3.602	0.103	0.151
TOTAL		427.783	356.266	300.282
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		28.355	0.828	1.458
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		0.010	0.010	0.010
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	129.241	94.876	56.547
	Sundry Debtors	625.444	582.180	481.769
	Cash & Bank Balances	34.656	20.841	24.987
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	36.214	27.085	39.650
Total Current Assets		825.555	724.982	602.953
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	421.861	367.497	300.411
	Other Current Liabilities	0.000	0.000	0.000
	Provisions	4.353	2.153	3.842
Total Current Liabilities		426.214	369.650	304.253
Net Current Assets		399.341	355.332	298.700
MISCELLANEOUS EXPENSES		0.077	0.096	0.114
TOTAL		427.783	356.266	300.282

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2010	31.03.2009	31.03.2008
	SALES
		Income
		Other Income
		TOTAL	3490.010	2709.092	2574.589
Less	EXPENSES
		Office Expenses
		Administrative Expenses	3417.537	2642.581	2512.557
		Advertising Expenses
		Financial Expenses
		TOTAL	3417.537	2642.581	2512.557
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION		72.473	66.511	62.032
Less/ Add	DEPRECIATION/ AMORTISATION		0.916	0.207	0.199
	PROFIT BEFORE TAX		71.557	66.304	61.833
Less	TAX		5.699	1.839	0.934
	PROFIT AFTER TAX		65.858	64.465	60.899
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		254.321	189.856	128.957
	BALANCE CARRIED TO THE B/S		320.179	254.321	189.856
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	190.703	62.792	73.525
	IMPORTS
		Traded Goods	264.382	131.344	146.840
	Earnings Per Share (Rs.)		21.95	21.49	--

KEY RATIOS

PARTICULARS		31.03.2010	31.03.2009	31.03.2008
PAT / Total Income	(%)	1.89	2.38	2.37
Return on Total Assets (PBT/Total Assets}	(%)	8.38	9.14	10.23
Return on Investment (ROI) (PBT/Networth)		0.20	0.23	0.28
Debt Equity Ratio (Total Liability/Networth)		1.43	1.55	1.75
Current Ratio (Current Asset/Current Liability)		1.94	1.96	1.98

LOCAL AGENCY FURTHER INFORMATION

WORKING RESULTS:

During the year, the Company has achieved turnover of Rs. 3490.010 millions as compared to Rs. 2709.092 millions during the previous year resulting in revenue growth of 28.83% The Company has made net profit of Rs. 65.858 millions as against Rs. 64.465 millions in the previous year. After making adjustment of brought forward profit of Rs. 254.321 millions the balance profit of Rs. 320.179 millions in the Profit and Loss Account has been carried over to the Balance Sheet.

FUTURE BUSINESS PROSPECTUS:

The company is conducting due diligence to evaluate the possibilities for merger with an associate company having very good past track record. The ensuing merger with other company will bring in a good value to the shareholders and all other business related parties.

BANKERS CHARGES REPORT AS PER REGISTRY

This form is for	Modification of charge
Charge identification number of the modified	10178902
Corporate identity number of the company	U51900MH1996PTC104099
Name of the company	SANMAN TRADE IMPEX PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	1410, Maker Chambers V, Nariman Point, Mumbai-400021, Maharashtra, India
Type of charge	Book Debts Movable Property [not being pledge]
Particular of charge holder	IDBI Bank Limited, IDBI Tower, WTC Complex, Cuffe Parade, Mumbai-400005, Maharashtra, India
Email	ag.wanjari@idbi.co.in
Nature of description of the instrument creating or modifying the charge	Supplemental Deed of Hypothecation dated 16-11-2011 executed by the Company in favour of IDBI Bank Limited (IDBI) to secure enhanced Working Capital Facility of Rs. 500.000 millions (enhanced from Rs. 320.000 millions to Rs. 500.000 millions) by way of hypothecation on whole of the movable properties of the Company including all stocks, book debts and receivables together with movable plant and machinery, etc. and other movable fixed assets both present and future.
Date of instrument Creating the charge	16.11.2011
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 As per the Supplemental Facility Agreement dated 16-11-2011 executed by Sanman Trade Impex Private Limited in favour of IDBI Bank as amended from time to time. Terms of Repayment As per the Supplemental Facility Agreement dated 16-11-2011 executed by Sanman Trade Impex Private Limited in favour of IDBI Bank as amended from time to time. Margin As per the Supplemental Facility Agreement dated 16-11-2011 executed by Sanman Trade Impex Private Limited in favour of IDBI Bank as amended from time to time. Extent and Operation of the charge The charge operates as security interalia as exclusive charge by way of hypothecation on Company's all current assets both present and future to secure the enhanced Working Capital Facility of Rs. 500.000 millions together with all costs, expenses and other monies whatever stipulated in the SFA dated 16-11-2011 as amended from time to time.
Short particulars of the property charged	Exclusive Charge on entire current assets i.e. raw materials, semi finished goods, stores, spares, Bill receivables, book debts, present and future. The Supplemental Deed of Hypothecation dated 16-11-2011 executed by the Company in favour of IDBI.
Date of latest modification prior to the present modification	28.08.2009
Particulars of the present modification	IDBI Bank has increased the credit facilities from Rs. 320.000 millions to Rs. 500.000 millions in terms of Supplemental Facility Agreement dated 16-11-2011. Hence the charge is modified for the enhanced Working Capital Facility upto Rs. 500.000 millions by way of hypothecation.

FIXED ASSETS:

· Motor Car

· Computer

· Office Equipments

· Furniture and Fixtures

· Air Condition

· Telephone System

· Land

· Wind Mill

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.49.64
UK Pound	1	Rs.78.35
Euro	1	Rs.65.80

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	6
--PROFITABILIRY	1~10	6
--LIQUIDITY	1~10	6
--LEVERAGE	1~10	5
--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	NO
--AFFILIATION	YES/NO	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		52

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.