1. Summary Information

		Country	India
Company Name	Bigc Mobiles Private Limited	Principal Name 1	Mr. Memparala Balachandrudu
Status	Satisfactory	Principal Name 2	Mr. Swapnakumar Yenuga
		Registration #	01-39935
Street Address	BIGC Tower, D. Bo. 1-99/2/B, Plot No. 2, 4^th Cross Road, Near Image Hospital Road, Vithalrao Nagar, Madhapur, Hyderabad – 500081, Andhra Pradesh, India
Established Date	18.11.2002	SIC Code	--
Telephone#	91-40-40335333	Business Style 1	Trading
Fax #	Not Available	Business Style 2	--
Homepage	40 (Approximately)	Product Name 1	Mobiles and Mobile Accessories
# of employees	Directors or relatives of Directors (100.00%)	Product Name 2	Mobiles and Mobile Accessories
Paid up capital	Rs.25,000,000/-	Product Name 3	--
Shareholders	NO	Banking	HDFC Bank
Public Limited Corp.	NO	Business Period	10 Years
IPO	NO	International Ins.	-
Public Enterprise	NO	Rating	Ba (45)
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	203,963,000	Current Liabilities	289,147,000
Inventories	161,061,000	Long-term Liabilities	56,260,000
Fixed Assets	73,638,000	Other Liabilities	75,000
Deferred Assets	1,281,000	Total Liabilities	345,482,000
Invest& other Assets	0,000	Retained Earnings	69,461,000
		Net Worth	94,461,000
Total Assets	439,943,000	Total Liab. & Equity	439,943,000
Total Assets (Previous Year)	353,071,000
P/L Statement as of	31.03.2010		(Unit: Indian Rs.)
Sales	2,305,729,000	Net Profit	38,470,000
Sales(Previous yr)	2,282,168,000	Net Profit(Prev.yr)	27,882,000

MIRA INFORM REPORT

Report Date :

02.01.2012

IDENTIFICATION DETAILS

Name :	BIGC MOBILES PRIVATE LIMITED
Formerly Known As :	BALAJI WATCH AND MOBILES PRIVATE LIMITED
Registered Office :	BIGC Tower, D. Bo. 1-99/2/B, Plot No. 2, 4^th Cross Road, Near Image Hospital Road, Vithalrao Nagar, Madhapur, Hyderabad – 500081, Andhra Pradesh
Country :	India
Financials (as on) :	31.03.2010
Date of Incorporation :	18.11.2002
Com. Reg. No.:	01-39935
Capital Investment / Paid-up Capital :	Rs.25.000 Millions
CIN No.: [Company Identification No.]	U33301AP2002PTC039935
TAN No.: [Tax Deduction & Collection Account No.]	HYDB03026C HYDB02058A
PAN No.: [Permanent Account No.]	AACCB8646E AAFFB6192D
Legal Form :	Private Limited Liability Company
Line of Business :	Trader of Mobiles and Mobile Accessories
No. of Employees :	40 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (45)

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

Maximum Credit Limit :	USD 380000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is an 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

INFORMATION PARTED BY

Name :	Mr. Swapnakumar Gondhesi
Designation :	Director
Contact No.:	91-9966286888

LOCATIONS

Registered Office :	BIGC Tower, D. Bo. 1-99/2/B, Plot No. 2, 4^th Cross Road, Near Image Hospital Road, Vithalrao Nagar, Madhapur, Hyderabad – 500081, Andhra Pradesh, India
Tel No.:	91-40-40335333
Mobile No.:	91-9966286888 (Mr. Swapnakumar Gondhesi)
Fax No.:	Not Available
E-Mail :	muneyya@gmial.com hyd@bigcmobiles.com pavan@bigcmobiles.com
Website :	www.bigcmobiles.com
Area :	1500 sq. ft.
Location :	Owned
Head Office :	6-3-399, 3^rd Floor, Ozone Complex, Above Bajaj Electronics Building, Punjagutta, Hyderabad – 500082, Andhra Pradesh, India
Tel. No.:	91-40-40335333
Fax No.:	91-40-40335333
E-Mail :	balu@bigcmobiles.com

DIRECTORS

As On 31.07.2010

Name :	Mr. Memparala Balachandrudu
Designation :	Director
Address :	H.No.8-3-1064, Main Road -6, Srinagar Colony, Ward-8, Circle -Vii, Hyderabad, 500073, Andhra Pradesh, India
Date of Birth/Age :	01.01.1969
Date of Appointment :	18.11.2002
DIN No. :	00057780

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	U52330AP1997PTC026793	Nellore Marketing Private Limited	Director	02-04-97	02-04-97	Active	NO
2	U33301AP2002PTC039935	Bigc Mobiles Private Limited	Managing director	18-11-02	18-11-02	Active	NO
3	U64203AP2006PTC049883	Bigc Mobiles Private Limited	Managing director	19-04-06	17-04-06	Amalgamated	NO
4	U70102AP2006PTC049882	Jai Mata Di Villas Private Limited	Director	28-04-06	28-04-06	Active	NO
5	U74999AP2007PTC054176	Balaji Mobiles India Private Limited	Director	29-05-07	29-05-07	Strike off	NO
6	U64202AP2007PTC062248	Ssg Mobiles Private Limited	Director	23-08-07	23-08-07	Amalgamated	NO
7	U32309AP2006PTC049806	Lakhyani Mobiles India Private Limited	Managing director	05-02-08	11-12-07	Amalgamated	NO
8	U74999AP2007PTC054456	Ikon Marketing Services Private Limited	Director	01-04-08	01-04-08	Amalgamated	NO
9	U52590AP2009PTC063834	Bigc Mobiles International Private Limited	Managing director	01-06-09	01-06-09	Active	NO
10	U74900AP2009PTC065622	Celikon Impex Private Limited	Whole-time director	01-11-09	26-10-09	Active	NO
11	U74990AP2009PTC066319	Rox Mobiles Private Limited	Director	16-12-09	16-12-09	Active	NO
12	U74999AP2010PTC069444	Tech4u Impex Private Limited	Director	12-07-10	12-07-10	Active	NO

Name :	Mr. Swapnakumar Yenuga
Designation :	Director
Address :	H.NO.31-14-16, Danaiah Street, Machavaram, Vijayawada, 520004, Andhra Pradesh, India
Date of Birth/Age :	11.06.1980
Date of Appointment :	14.08.2009
DIN No. :	00098506

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	U64203AP2006PTC049883	Bigc Mobiles Private Limited	Whole-time director	20-04-06	20-04-06	Amalgamated	NO
2	U32309AP2006PTC049806	Lakhyani Mobiles India Private Limited	Director	11-12-07	11-12-07	Amalgamated	NO
3	U74900AP2009PTC062640	Center For Analysis Research and Development Private Limited	Director	29-01-09	29-01-09	Active	NO
4	U52590AP2009PTC063834	Bigc Mobiles International Private Limited	Director	01-06-09	01-06-09	Active	NO
5	U33301AP2002PTC039935	Bigc Mobiles Private Limited	Director	14-08-09	14-08-09	Active	NO
6	U74900AP2009PTC065622	Celikon Impex Private Limited	Director	26-10-09	26-10-09	Active	NO
7	U74990AP2009PTC066319	Rox Mobiles Private Limited	Director	16-12-09	16-12-09	Active	NO

Name :	Mr. Balaji Reddy Gondhesi
Designation :	Director
Address :	Plot No. 405, Mata Enclave, Coco-Cola Street, Maruthi Nagar, Vijayawada, 520004, Andhra Pradesh, India
Date of Birth/Age :	14.06.1974
Date of Appointment :	14.08.2009
DIN No. :	00245277

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	U70102AP2006PTC049882	Jai Mata Di Villas Private Limited	Managing director	17-04-06	17-04-06	Active	NO
2	U64203AP2006PTC049883	Bigc Mobiles Private Limited	Whole-time director	19-04-06	17-04-06	Amalgamated	NO
3	U32309AP2006PTC049806	Lakhyani Mobiles India Private Limited	Director	11-12-07	11-12-07	Amalgamated	NO
4	U33301AP2002PTC039935	Bigc Mobiles Private Limited	Director	14-08-09	14-08-09	Active	NO
5	U24232AP2011PTC077840	Premier Healthcare and Surgicals India Private Limited	Director	07-12-11	07-12-11	Active	NO

Name :	Mr. Damodara Balaji Yerraguntla
Designation :	Director
Address :	R.K. Tower Apartment, D.No.16-Ii-700, Flat No.29, 3^rd Floor, Somasekhar Puram, Nellore, 524003, Andhra Pradesh, India
Date of Birth/Age :	04.06.1966
Date of Appointment :	18.11.2002
DIN No. :	01190282

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	U33301AP2002PTC039935	Bigc Mobiles Private Limited	Director	18-11-02	18-11-02	Active	NO
2	U74999AP2007PTC054176	Balaji Mobiles India Private Limited	Director	29-05-07	29-05-07	Strike off	NO
3	U64202AP2007PTC062248	Ssg Mobiles Private Limited	Director	23-08-07	23-08-07	Amalgamated	NO

Name :	Mr. Kunjeti Krishna Pavan
Designation :	Director
Address :	D.No. 4/93, II Road, Anantapur, 515004, Andhra Pradesh, India
Date of Birth/Age :	23.03.1982
Date of Appointment :	14.08.2009
DIN No. :	01344475

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	U74999AP2007PTC054456	Ikon Marketing Services Private Limited	Whole-time director	02-07-07	15-06-07	Amalgamated	NO
2	U52590AP2009PTC063834	Bigc Mobiles International Private Limited	Director	01-06-09	01-06-09	Active	NO
3	U33301AP2002PTC039935	Bigc Mobiles Private Limited	Director	14-08-09	14-08-09	Active	NO
4	U74900AP2009PTC065622	Celikon Impex Private Limited	Director	26-10-09	26-10-09	Active	NO
5	U74990AP2009PTC066319	Rox Mobiles Private Limited	Director	16-12-09	16-12-09	Active	NO
6	U74999AP2010PTC069444	Tech4u Impex Private Limited	Director	12-07-10	12-07-10	Active	NO

Name :	Mr. Yerraguntla Guruswamy Naidu
Designation :	Director
Address :	Flat No.302, Srinilayam, Srinagar Colony, Kesav Nagar, Hyderabad, 500016, Andhra Pradesh, India
Date of Birth/Age :	31.08.1974
Date of Appointment :	31.03.2008
DIN No. :	01626454

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	U74999AP2007PTC054456	Ikon Marketing Services Private Limited	Managing director	02-07-07	15-06-07	Amalgamated	NO
2	U64202AP2007PTC062248	Ssg Mobiles Private Limited	Director	23-08-07	23-08-07	Amalgamated	NO
3	U32309AP2006PTC049806	Lakhyani Mobiles India Private Limited	Director	11-12-07	11-12-07	Amalgamated	NO
4	U33301AP2002PTC039935	Bigc Mobiles Private Limited	Director	31-03-08	31-03-08	Active	NO
5	U64203AP2006PTC049883	Bigc Mobiles Private Limited	Director	01-04-08	01-04-08	Amalgamated	NO
6	U52590AP2009PTC063834	Bigc Mobiles International Private Limited	Director	01-06-09	01-06-09	Active	NO
7	U74900AP2009PTC065622	Celikon Impex Private Limited	Whole-time director	01-11-09	26-10-09	Active	NO
8	U74990AP2009PTC066319	Rox Mobiles Private Limited	Director	16-12-09	16-12-09	Active	NO
9	U74999AP2010PTC069444	Tech4u Impex Private Limited	Director	12-07-10	12-07-10	Active	NO

Name :	Mr. Rachamallu Gouthama Reddy
Designation :	Additional Director
Address :	1/1754, Gandhinagar, Y. M.Palli, Cuddapah – 516004, Andhra Pradesh, Indai
Date of Birth/Age :	06.08.1979
Date of Appointment :	02.08.2010
DIN No. :	01508386

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	U74999AP2007PTC054456	Ikon Marketing Services Private Limited	Director	15-06-07	15-06-07	Amalgamated	NO
2	U74140AP2005PTC052321	Jayasimha Mind Dynamics Private Limited	Director	15-07-08	15-07-08	Active	NO
3	U70102AP2009PTC063464	Rsr Civil Engineers Private Limited	Director	28-04-09	28-04-09	Active	NO
4	U33301AP2002PTC039935	Bigc Mobiles Private Limited	Additional director	02-08-10	02-08-10	Active	NO

Name :	Mr. Venkata Sateesh Babu Devarala
Designation :	Additional Director
Address :	4/1167, Usmansaheb Pet Nellore – 524002, Andhra Pradesh, India
Date of Birth/Age :	27.04.1974
Date of Appointment :	02.08.2010
DIN No. :	01595303

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	U64202AP2007PTC062248	SSG Mobiles Private Limited	Managing director	24-08-07	23-08-07	Amalgamated	NO
2	U33301AP2002PTC039935	Bigc Mobiles Private Limited	Additional director	02-08-10	02-08-10	Active	NO
3	U72900KA2011PTC061694	Verbunden Consulting Private Limited	Director	16-12-11	16-12-11	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As On 31.07.2010

Names of Shareholders	No. of Shares
R. Gouthamreddy	106250
D. Kavitha	62500
Krishna Chaitanya	25000
Y. Mohan Reddy	25000
M. Rohini	50000
D. V. Satishbabu	56250
M.Balachandrudu	675000
Y.Damodara Balaji	250000
G.Balaji Reddy	325000
K.Krishna Pavan	137500
Y.Guru Swamy Naidu	500000
Y.Swapna Kumar	287500
Total	2500000

As On 31.07.2010

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

BUSINESS DETAILS

Line of Business :	Trader of Mobiles and Mobile Accessories
Products :	· Trading in mobiles and mobile accessories
Terms :
Selling :	Cash
Purchasing :	Cash

GENERAL INFORMATION

Customers :

· Wholesalers and Retailers

· End Users and OEM’s

No. of Employees :

40 (Approximately)

Bankers :

· HDFC Bank – HDFC Bank Housesenapati Bapat Marg, Lower Parel (W), Mumbai – 400013, Maharashtra, India

· Syndicate Bank

· ICICI Bank

Facilities :

Cash Credit: Rs. 50.000 Millions

Secured Loans	31.03.2010 (Rs. In Millions)	31.03.2009 (Rs. In Millions)
a) Loans and advances from Banks
Overdraft and cash credits	34.160	44.776
Term loan	4.807	7.747
Demand loan	0.000	4.806
Hire purchase loan	4.338	0.040
b) Loans and advances from others (others than directors)
Hire purchase loan	0.000	0.313
Total	43.305	57.682

Notes:

a) Term Loan from Syndicate Bank of Rs. 13.500 millions (previous year Rs. 14.000 millions) and cash credit facility of Rs. 35.000 millions (previous year Rs. 35.000 millions) are secured by first charge on fixed assets and hypothecation of stocks and book debts of the company respectively and guaranteed by the directors of the company in their personel capacity.

b) Overdraft from ICICI Bank of Rs. 5.000 millions (previous year Rs. 5.000 millions) is secured by hypothecation of credit card dues receivable by the company both present and future and second charge on stocks and book debts of the company.

c) Hire purchase loans are secured by the first charge on assets purchased under hire purchased arrangement.

Unsecured Loans	31.03.2010 (Rs. In Millions)	31.03.2009 (Rs. In Millions)
Directors	10.713	8.478
Others (shareholders)	2.242	28.174
Total	12.955	36.652

Notes:

The unsecured loans from directors and shareholders are interest free.

Banking Relations :	-
Auditors :
Name :	M. Chandramouli Chartered Accountant
Address :	16/2/447, Srinivasa Agraharam, Neelore, Hyderabad – 524001, Andhra Pradesh, India
Tel. No.:	91-40-2324672
Mobile No.:	91-9440276919
Fax No.:	91-40-2324672
Pan No. :	ADLPM6720B

CAPITAL STRUCTURE

As On 31.03.2010

Authorised Capital :

No. of Shares	Type	Value	Amount
5550000	Equity Shares	Rs.10/- each	Rs.55.500 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
2500000	Equity Shares	Rs.10/- each	Rs.25.000 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		25.000	25.000	25.000
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		69.461	30.991	1.229
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		94.461	55.991	26.229
LOAN FUNDS
1] Secured Loans		43.305	57.682	19.043
2] Unsecured Loans		12.955	36.652	0.000
TOTAL BORROWING		56.260	94.334	19.043
DEFERRED TAX LIABILITIES		0.000	0.140	(0.055)
TOTAL		150.721	150.465	45.217
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		73.638	62.669	8.589
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		0.000	0.000	17.493
DEFERREX TAX ASSETS		1.281	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	161.061	171.389	18.714
	Sundry Debtors	103.668	57.687	0.022
	Cash & Bank Balances	32.293	21.417	8.670
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	68.002	39.729	14.220
Total Current Assets		365.024	290.222	41.626
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	273.492	190.805	19.919
	Other Current Liabilities	0.345	11.651	2.531
	Provisions	0.075	0.150	0.041
Total Current Liabilities		289.222	202.606	22.491
Net Current Assets		75.802	87.616	19.135
MISCELLANEOUS EXPENSES		0.000	0.180	0.000
TOTAL		150.721	150.465	45.217

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2010	31.03.2009	31.03.2008
	SALES
		Income	2305.729	2282.168	504.806
		Other Income	2.779	2.180	19.401
		TOTAL (A)	2308.508	2284.348	524.207
Less	EXPENSES
		Cost of sales	1903.800	1944.416	470.602
		Employees emoluments	82.760	66.348	10.516
		Administrative, selling and general expense	237.106	214.259	38.039
		TOTAL (B)	2223.666	2225.023	519.157
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		84.842	59.325	5.050
Less	FINANCIAL EXPENSES (D)		12.573	9.905	2.059
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		72.269	49.420	2.991
Less/ Add	DEPRECIATION/ AMORTISATION (F)		14.302	12.417	1.844
	PROFIT BEFORE TAX (E-F) (G)		57.967	37.003	1.147
Less	TAX (H)		19.497	9.121	0.546
	PROFIT AFTER TAX (G-H) (I)		38.470	27.882	0.601
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		30.991	1.230	0.629
Add	Surplus of Transferor Companies		0.000	1.879	0.000
	BALANCE CARRIED TO THE B/S		60.461	30.991	1.230
	IMPORTS
		Mobile Phones	84.63	32.349	NA
	TOTAL IMPORTS		84.63	32.349	NA
	Earnings Per Share (Rs.)		15	11	2

KEY RATIOS

PARTICULARS		31.03.2010	31.03.2009	31.03.2008
PAT / Total Income	(%)	1.67	1.22	0.11
Net Profit Margin (PBT/Sales)	(%)	2.51	1.62	0.23
Return on Total Assets (PBT/Total Assets}	(%)	13.21	10.48	2.28
Return on Investment (ROI) (PBT/Networth)		0.61	0.66	0.04
Debt Equity Ratio (Total Liability/Networth)		3.66	5.30	1.58
Current Ratio (Current Asset/Current Liability)		1.26	1.43	1.85

LOCAL AGENCY FURTHER INFORMATION

OPERATIONS

Although the year has been challenging, the company was able to achieve a considerable improvement in the profitability of the operations by consolidation exercise that has been taken up in the previous year. With this the company is in a better position to improve and sustain its bran image.

CONTINGENT LIABILITIES

a) Guarantees given by the banks on behalf of the company for which the company is contingently liable Rs.5.100 millions (previous year Rs.5.000 millions)

b) Estimated amount of contracts remaining to be executed on capital account and not provided for Rs.15.000 millions (previous year Rs.2.000 millions)

FORM 8

Corporate identity number of the company

U33301AP2002PTC039935

Name of the company

BALAJI WATCH AND MOBILES PRIVATE LIMITED

Address of the registered office or of the principal place of business in India of the company

6-3-669, 3rd Floor, 'O' Zone Complex, Bajaj Electronics Building, Punjagutta, Hyderabad – 500082, Andhra Pradesh, India

This form is for

Creation of charge

Type of charge

Immovable Property

Particular of charge holder

Name :	HDFC Bank Limited
Address :	HDFC Bank Housesenapati Bapat Marg, Lower Parel W, Mumbai – 400013, Maharashtra, India
Email :	RBBform8@hdfcbank.com

Nature of instrument creating charge

Memorandum Recording past transactions of Creation of Mortgage by Delivery of Title Deeds.

Date of instrument Creating the charge

22.12.2009

Amount secured by the charge

Rs.50.000 Millions

Brief of the principal terms an conditions and extent and operation of the charge

Rate of Interest - Interest at the rate as may be communicated by the Bank from time to time.

Terms of Repayment - On Demand

Margin - As may be stipulated by the Bank from time to time.

Extent and Operation of the charge - The Company created an equitable mortgage by way of deposit of title deeds in respect of its immovable properties as stated under item No.15 as security for the due repayment of Rs.50.000 millions (Comprising : FLC of Rs.50.000 millions and CC of (Rs.1.000 millions)) by Celikon Impex Private Limited ("the Borrower"), including principal amount of the Facility, interest, liquidated damages, costs, charges and expenses etc

Particulars of the property charged

Semi Finished Building in Premises bearing No.1-99 / 2 / B, on Plot No.2- B (Original Plot No.21 part), in Sy No.86 / P (Owned By Balaji Watch & Mobiles Private Limited )

Survey No.858, Plot No.4, Patta No.642, Assessment No.94296, Old Door No.27-1-1003 /2, New Door No.27-1-1355, (Owned By K. Radhaiah )

CAS Nos. 607/1, 607/2, L.P. No. 101/ 95, Tekkemitta Road, East Side of Railway Track, Ward No.23, Near Door No.1490, (Owned By Guruswamy Naidu)

FIXED ASSETS

· Buildings

· Plant and machinery

· Furniture and fixtures

· Vehicle

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.53.27
UK Pound	1	Rs.82.10
Euro	1	Rs.68.90

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	5
--CREDIT LINES	1~10	5
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		45

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.