MIRA INFORM REPORT

Report Date :

06.06.2012

IDENTIFICATION DETAILS

Name :	PREMIER SPG AND WVG MILLS PRIVATE LIMITED (w.e.f 11.09.2006)
Formerly Known As :	PREMIER MILLS PRIVATE LIMITED
Registered Office :	No.1, Nava India Road, Coimbatore – 641028, Tamilnadu
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	19.01.1945
Com. Reg. No.:	18-000146
Capital Investment / Paid-up Capital :	Rs.34.000 Millions
CIN No.: [Company Identification No.]	U17111TZ1945PTC000146
TAN No.: [Tax Deduction & Collection Account No.]	CMBP03134F
PAN No.: [Permanent Account No.]	AABCP3032D
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer and Exporter of Cotton Yarn, Cotton Fabric and other Woven Fabrics.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

A (64)

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 5380000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is a well-established and reputed company having fine track. General financial position is good. Trade relations are reported as fair. Business is active. Payments are reported to be 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 :	No.1, Nava India Road, Coimbatore – 641028, Tamilnadu, India
Tel. No.:	91-422-4312100
Fax No.:	91-422-4312188
E-Mail :	mail@premill.in yarn@premiermills.com
Website :	http://www.premill.in
Factory	Belathur Village, Bagalur, Hosur, Coimbatore – 635124, Tamilnadu, India

DIRECTORS

As on 30.09.2011

Name :

Mr. Ramchandran Jagdish Chandran

Designation :

Director

Address :

245, A.T.D. Street, Race Course, Coimbatore – 641018, Tamilnadu, India

Date of Birth/Age :

06.03.1941

Date of Appointment :

12.08.2006

DIN No.:

00005205

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	U17111TZ1945PTC000146	PREMIER SPG AND WVG MILLS PRIVATE LIMITED	Director	12-08-06	14-08-64	-	Active	NO
2	U02520TZ1981PTC001107	PREMIER EVOLVICS PRIVATE LIMITED	Managing director	01-04-09	11-03-83	-	Active	NO
3	U17111TZ1994PTC005511	PREMIER MILLS PRIVATE LIMITED	Director	12-08-06	16-11-94	-	Active	NO
4	U17111TZ1995PTC005901	PREMIER FINE LINENS PRIVATE LIMITED	Director	12-08-06	08-03-95	-	Active	NO
5	U29252TZ1996PTC007017	PREMIER COTTON TEXTILES PRIVATE LIMITED	Director	08-03-96	08-03-96	-	Active	NO
6	U65921TZ1979PTC000861	CAPRICORN GENERAL FINANCE PRIVATE LIMITED	Director	28-09-98	28-09-98	-	Active	NO
7	U72200TZ1998PTC008616	NUVA SYSTEMS PRIVATE LIMITED	Director	20-10-98	20-10-98	-	Active	NO
8	U52110TZ1987PTC001973	CARE PRODUCTS PRIVATE LIMITED	Director	18-12-98	18-12-98	-	Active	NO
9	U29191TZ1984PTC001443	RAAVIAR ENGINEERING PRIVATE LIMITED	Director	18-12-98	18-12-98	03-02-09	Active	NO
10	U65993TZ1999PTC008834	PRIMERA INVESTMENTS PRIVATE LIMITED	Director	12-04-99	12-04-99	03-02-09	Active	NO
11	U17111TZ1987PTC001943	COIMBATORE HOLDINGS PRIVATE LIMITED	Director	19-08-99	19-08-99	03-02-09	Active	NO
12	U17111TZ1981PTC001108	PREMIER TEXTILE TRADERS PRIVATE LIMITED	Director	13-08-01	13-08-01	03-02-09	Active	NO
13	U17111TZ1994PTC005512	PTL TEXTILES COIMBATORE PRIVATE LIMITED	Director	17-08-01	17-08-01	-	Active	NO
14	U65993TZ1985PTC001691	BELATHUR INVESTMENTS PRIVATE LIMITED	Director	17-09-01	17-09-01	03-02-09	Active	NO
15	U65993TZ1981PTC001130	UDAMALPET INVESTMENT COMPANY PRIVATE LIMITED	Director	17-09-01	17-09-01	-	Active	NO
16	U65910TZ1980PTC000951	PREMIER LEASING PRIVATE LIMITED	Director	17-09-01	17-09-01	-	Strike off	NO
17	U65910TZ1980PTC000950	COIMBATORE LEASING PRIVATE LIMITED	Director	17-09-01	17-09-01	-	Strike off	NO
18	U65993TZ1985PTC001690	BAGALUR INVESTMENTS PRIVATE LIMITED	Director	17-09-01	17-09-01	03-02-09	Active	NO
19	U65993TZ1983PTC001284	OTHAKKALMANDAPAM INVESTMENT AND FINANCE PRIVATE LIMITED	Director	17-09-01	17-09-01	03-02-09	Active	NO
20	U05110TZ1981PTC001029	SHANTHI CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	18-09-01	18-09-01	-	Active	NO
21	U05110TZ1981PTC001024	SABITHA CHANDRAN TRADERS PRIVATE LIMITED	Director	18-09-01	18-09-01	-	Active	NO
22	U65993TZ1980PTC000907	SABITHA CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18-09-01	18-09-01	-	Active	NO
23	U65993TZ1981PTC001011	SABITHA CHANDRAN INVESTMENTS NO II PRIVATE LIMITED	Director	18-09-01	18-09-01	-	Active	NO
24	U65993TZ1981PTC001012	KAVITHA CHANDRAN INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	18-09-01	18-09-01	-	Active	NO
25	U65993TZ1980PTC000908	KAVITHA CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18-09-01	18-09-01	-	Active	NO
26	U05110TZ1981PTC001028	KAVITHA CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	18-09-01	18-09-01	-	Active	NO
27	U50102TZ1981PTC001025	JAGADISH CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	18-09-01	18-09-01	-	Active	NO
28	U65993TZ1980PTC000909	JAGADISH CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18-09-01	18-09-01	-	Active	NO
29	U65993TZ1981PTC001010	JAGADISH CHANDRAN INVESTMENT COIMBATORE PRIVATE LIMITED	Director	18-09-01	18-09-01	-	Active	NO
30	U65993TZ1980PTC000911	VIJAYALAKSHMI INVESTMENTS PRIVATE LIMITED	Director	18-09-01	18-09-01	-	Active	NO
31	U65993TZ1981PTC001009	VIJAYALAKSHMI INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	18-09-01	18-09-01	-	Active	NO
32	U05110TZ1981PTC001027	VIJAYALAKSHMI ENTERPRISERS PRIVATE LIMITED	Director	18-09-01	18-09-01	-	Active	NO
33	U65993TZ1981PTC001008	SHANTHI CHANDRAN INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	18-09-01	18-09-01	-	Active	NO
34	U65993TZ1983PTC001285	PULANKINAR INVESTMENT AND FINANCE PRIVATE LIMITED	Director	19-09-01	19-09-01	-	Active	NO
35	U29191TZ1984PTC001442	DHANALAKSHMI ENGINEERING PRIVATE LIMITED	Director	19-09-01	19-09-01	-	Active	NO
36	U70101TZ2002PTC010073	PULIAKULAM HOLDINGS PRIVATE LIMITED	Director	08-03-02	08-03-02	-	Active	NO
37	U70101TZ2002PTC010074	BAGALUR HOLDINGS PRIVATE LIMITED	Director	08-03-02	08-03-02	-	Active	NO
38	U70101TZ2002PTC010075	UDAMALPET HOLDINGS PRIVATE LIMITED	Director	08-03-02	08-03-02	03-02-09	Active	NO
39	U65993TZ2002PTC010417	GLENDALE HOLDINGS PRIVATE LIMITED	Director	26-12-02	26-12-02	-	Active	NO
40	U17111TZ2003PTC010611	ORION POLYFAB PRIVATE LIMITED	Director	30-05-03	30-05-03	-	Active	NO
41	U74999TZ1981PTC001106	COIMBATORE TWISTERS PRIVATE LIMITED	Director	18-06-03	18-06-03	-	Active	NO
42	U07010TZ2003PTC010635	PFYL HOLDINGS PRIVATE LIMITED	Director	18-06-03	18-06-03	-	Active	NO
43	U40108TZ2003PTC010686	PALAVOOR WIND FARMS PRIVATE LIMITED	Director	24-07-03	24-07-03	03-02-09	Active	NO
44	U65993TZ2003PTC010752	ARASUR HOLDINGS PRIVATE LIMITED	Director	05-09-03	05-09-03	-	Active	NO
45	U40108TZ2003PTC010753	PERUNGUDI WIND FARMS PRIVATE LIMITED	Director	05-09-03	05-09-03	-	Active	NO
46	U65993TZ2003PTC010751	NARANAPURAM HOLDINGS PRIVATE LIMITED	Director	05-09-03	05-09-03	-	Active	NO
47	U70101TZ2004PTC010970	PULANKINAR HOLDINGS PRIVATE LIMITED	Director	09-02-04	09-02-04	-	Active	NO
48	U65993TZ2004PTC011202	POLYTRONICS HOLDINGS PRIVATE LIMITED	Director	24-06-04	24-06-04	-	Active	NO
49	U17111TZ1984PTC001384	COIMBATORE NONWOVENS PRIVATE LIMITED	Director	13-07-04	13-07-04	-	Active	NO
50	U18101TZ2004PTC011439	KULATHUR HOLDINGS PRIVATE LIMITED	Director	24-11-04	24-11-04	-	Active	NO
51	U17111TZ1987PTC001972	PRIMA PRODUCTS PRIVATE LIMITED	Director	04-08-06	04-08-06	-	Active	NO
52	U17111TZ2003PTC010452	COIMBATORE POLYTEX PRIVATE LIMITED	Director	04-08-06	04-08-06	-	Active	NO
53	U65993TZ1980PTC000910	SHANTHI CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18-09-06	18-09-06	-	Active	NO
54	U65921TZ1979PTC000842	PGF HOLDINGS (COIMBATORE) PRIVATE LIMITED	Director	28-09-06	28-09-06	-	Active	NO
55	U70101TZ2004PTC010971	P C T HOLDINGS PRIVATE LIMITED	Director	30-09-06	30-09-06	-	Active	NO
56	U65993TZ2004PTC011203	AVANASHI HOLDINGS PRIVATE LIMITED	Director	30-09-06	30-09-06	-	Active	NO
57	U70101TZ2007PTC013415	THENNAMPALAYAM HOLDINGS PRIVATE LIMITED	Director	06-02-07	06-02-07	-	Active	NO
58	U70101TZ2007PTC013414	PALLADAM HOLDINGS PRIVATE LIMITED	Director	06-02-07	06-02-07	-	Active	NO
59	U70101TZ2007PTC013416	NEELAMBUR HOLDINGS PRIVATE LIMITED	Director	06-02-07	06-02-07	-	Active	NO
60	U70102TZ2007PTC013417	IRUGUR HOLDINGS PRIVATE LIMITED	Director	06-02-07	06-02-07	-	Active	NO
61	U01111TZ2007PTC013458	VALAVADI FARMS PRIVATE LIMITED	Director	21-02-07	21-02-07	-	Active	NO
62	U17111TZ2008PTC014141	PREMIER TEXTILES PRIVATE LIMITED	Director	08-01-08	08-01-08	-	Active	NO
63	U17111TZ2008PTC014142	PREMIER FINE YARNS PRIVATE LIMITED	Director	08-01-08	08-01-08	-	Active	NO
64	U18101TZ2008PTC014569	PRIMERO GARMENTS PRIVATE LIMITED	Director	18-06-08	18-06-08	-	Active	NO
65	U17111TZ2008PTC014617	PREMIER POLYWEAVES PRIVATE LIMITED	Director	07-07-08	07-07-08	-	Active	NO
66	U17111TZ2008PTC014616	PREMIER HOME TEXTILES PRIVATE LIMITED	Director	07-07-08	07-07-08	-	Active	NO
67	U70101TZ2004PTC010972	CTPL HOLDINGS PRIVATE LIMITED	Director	18-08-09	03-02-09	-	Active	NO

Name :

Mr. Damotharan Rajendran

Designation :

Managing Director

Address :

# 233 Tea Estate, Race Course, Coimbatore – 641018, Tamilnadu, India

Date of Birth/Age :

17.12.1948

Date of Appointment :

27.09.1978

DIN No.:

00003848

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	U17111TZ1945PTC000146	PREMIER SPG AND WVG MILLS PRIVATE LIMITED	Managing director	10-03-06	27-09-78	-	Active	NO
2	U17111TZ1994PTC005511	PREMIER MILLS PRIVATE LIMITED	Director	16-11-94	16-11-94	-	Active	NO
3	U17111TZ1995PTC005901	PREMIER FINE LINENS PRIVATE LIMITED	Director	08-03-95	08-03-95	-	Active	NO
4	U05110TZ1981PTC001026	SHEELA TRADERS PRIVATE LIMITED	Director	28-09-98	28-09-98	-	Active	NO
5	U65993TZ1981PTC001013	SHEELA INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	28-09-98	28-09-98	-	Active	NO
6	U65993TZ1980PTC000921	SHEELA INVESTMENT PRIVATE LIMITED	Director	28-09-98	28-09-98	-	Active	NO
7	U65993TZ1992PTC003615	SAMEERA RAJENDRAN INVESTMENTS PRIVATE LIMITED	Director	28-09-98	28-09-98	-	Active	NO
8	U65993TZ1992PTC003616	ROHIT RAJENDRAN INVESTMENTS PRIVATE LIMITED	Director	28-09-98	28-09-98	-	Active	NO
9	U65993TZ1992PTC003617	COIMBATORE SAMEERA INVESTMENTS PRIVATE LIMITED	Director	28-09-98	28-09-98	-	Active	NO
10	U52110TZ1987PTC001973	CARE PRODUCTS PRIVATE LIMITED	Director	18-12-98	18-12-98	-	Active	NO
11	U29191TZ1984PTC001443	RAAVIAR ENGINEERING PRIVATE LIMITED	Director	18-12-98	18-12-98	-	Active	NO
12	U65993TZ1999PTC008834	PRIMERA INVESTMENTS PRIVATE LIMITED	Director	12-04-99	12-04-99	-	Active	NO
13	U17115TZ1984PTC001383	PREMIER TEXTURISERS PRIVATE LIMITED	Director	11-08-99	11-08-99	-	Active	NO
14	U17111TZ1987PTC001943	COIMBATORE HOLDINGS PRIVATE LIMITED	Director	19-08-99	19-08-99	-	Active	NO
15	U17111TZ1981PTC001108	PREMIER TEXTILE TRADERS PRIVATE LIMITED	Director	13-08-01	13-08-01	-	Active	NO
16	U17111TZ1994PTC005512	PTL TEXTILES COIMBATORE PRIVATE LIMITED	Director	17-08-01	17-08-01	03-02-09	Active	NO
17	U65993TZ1983PTC001284	OTHAKKALMANDAPAM INVESTMENT AND FINANCE PRIVATE LIMITED	Director	17-09-01	17-09-01	-	Active	NO
18	U65993TZ1985PTC001691	BELATHUR INVESTMENTS PRIVATE LIMITED	Director	17-09-01	17-09-01	-	Active	NO
19	U65993TZ1985PTC001690	BAGALUR INVESTMENTS PRIVATE LIMITED	Director	17-09-01	17-09-01	-	Active	NO
20	U17111TZ1976PTC000755	SREE NARASIMHA TEXTILES PRIVATE LIMITED	Director	28-09-01	28-09-01	-	Active	NO
21	U65993TZ2002PTC010417	GLENDALE HOLDINGS PRIVATE LIMITED	Director	26-12-02	26-12-02	03-02-09	Active	NO
22	U17111TZ2003PTC010611	ORION POLYFAB PRIVATE LIMITED	Director	30-05-03	30-05-03	03-02-09	Active	NO
23	U70101TZ2002PTC010075	UDAMALPET HOLDINGS PRIVATE LIMITED	Director	19-06-03	19-06-03	-	Active	NO
24	U17111TZ2004PTC011207	RAAVIAR TEXTILES PRIVATE LIMITED	Director	25-06-04	25-06-04	-	Active	NO
25	U17111TZ2003PTC010452	COIMBATORE POLYTEX PRIVATE LIMITED	Director	02-08-04	02-08-04	-	Active	NO
26	U17111TZ1987PTC001972	PRIMA PRODUCTS PRIVATE LIMITED	Director	05-09-05	05-09-05	-	Active	NO
27	U70101TZ2004PTC010972	CTPL HOLDINGS PRIVATE LIMITED	Director	06-09-05	06-09-05	03-02-09	Active	NO
28	L17111TZ1910PLC000093	THE LAKSHMI MILLS COMPANY LIMITED	Director	14-12-05	14-12-05	-	Active	NO
29	U40108TZ2003PTC010686	PALAVOOR WIND FARMS PRIVATE LIMITED	Director	19-08-09	03-02-09	-	Active	NO

Name :

Ms. Sabitha Chandran

Designation :

Director

Address :

245, A.T.D. Street, Race Course, Coimbatore – 641018, Tamilnadu, India

Date of Birth/Age :

07.04.1942

Date of Appointment :

19.08.1996

DIN No.:

00003889

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	U63040TZ1978PTC000813	HOLIDAY TRAVELS PRIVATE LIMITED	Director	28-08-78	28-08-78	-	Active	NO
2	U65993TZ1980PTC000907	SABITHA CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18-02-80	18-02-80	-	Active	NO
3	U65993TZ1980PTC000908	KAVITHA CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18-02-80	18-02-80	-	Active	NO
4	U65993TZ1980PTC000910	SHANTHI CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18-02-80	18-02-80	-	Active	NO
5	U65993TZ1980PTC000909	JAGADISH CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18-02-80	18-02-80	-	Active	NO
6	U65993TZ1980PTC000911	VIJAYALAKSHMI INVESTMENTS PRIVATE LIMITED	Director	18-02-80	18-02-80	-	Active	NO
7	U65993TZ1981PTC001011	SABITHA CHANDRAN INVESTMENTS NO II PRIVATE LIMITED	Director	09-02-81	09-02-81	-	Active	NO
8	U65993TZ1981PTC001012	KAVITHA CHANDRAN INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	09-02-81	09-02-81	-	Active	NO
9	U65993TZ1981PTC001010	JAGADISH CHANDRAN INVESTMENT COIMBATORE PRIVATE LIMITED	Director	09-02-81	09-02-81	-	Active	NO
10	U65993TZ1981PTC001009	VIJAYALAKSHMI INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	09-02-81	09-02-81	-	Active	NO
11	U05110TZ1981PTC001029	SHANTHI CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	16-03-81	16-03-81	-	Active	NO
12	U05110TZ1981PTC001024	SABITHA CHANDRAN TRADERS PRIVATE LIMITED	Director	16-03-81	16-03-81	-	Active	NO
13	U05110TZ1981PTC001028	KAVITHA CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	16-03-81	16-03-81	-	Active	NO
14	U50102TZ1981PTC001025	JAGADISH CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	16-03-81	16-03-81	-	Active	NO
15	U05110TZ1981PTC001027	VIJAYALAKSHMI ENTERPRISERS PRIVATE LIMITED	Director	16-03-81	16-03-81	-	Active	NO
16	U65993TZ1981PTC001008	SHANTHI CHANDRAN INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	16-03-81	16-03-81	-	Active	NO
17	U65993TZ1981PTC001130	UDAMALPET INVESTMENT COMPANY PRIVATE LIMITED	Director	28-12-81	28-12-81	-	Active	NO
18	U65910TZ1980PTC000951	PREMIER LEASING PRIVATE LIMITED	Director	21-04-84	21-04-84	-	Strike off	NO
19	U65910TZ1980PTC000950	COIMBATORE LEASING PRIVATE LIMITED	Director	21-04-84	21-04-84	-	Strike off	NO
20	U29191TZ1984PTC001442	DHANALAKSHMI ENGINEERING PRIVATE LIMITED	Director	09-07-84	09-07-84	-	Active	NO
21	U65921TZ1979PTC000861	CAPRICORN GENERAL FINANCE PRIVATE LIMITED	Director	27-07-87	27-07-87	-	Active	NO
22	U17111TZ1945PTC000146	PREMIER SPG AND WVG MILLS PRIVATE LIMITED	Director	19-08-96	19-08-96	-	Active	NO
23	U65993TZ1983PTC001285	PULANKINAR INVESTMENT AND FINANCE PRIVATE LIMITED	Director	26-08-99	26-08-99	-	Active	NO
24	U17111TZ1994PTC005512	PTL TEXTILES COIMBATORE PRIVATE LIMITED	Director	17-08-01	17-08-01	-	Active	NO
25	U70101TZ2002PTC010075	UDAMALPET HOLDINGS PRIVATE LIMITED	Director	08-03-02	08-03-02	03-02-09	Active	NO
26	U17111TZ1995PTC005901	PREMIER FINE LINENS PRIVATE LIMITED	Director	03-08-02	03-08-02	-	Active	NO
27	U02520TZ1981PTC001107	PREMIER EVOLVICS PRIVATE LIMITED	Director	03-08-02	03-08-02	-	Active	NO
28	U17111TZ1994PTC005511	PREMIER MILLS PRIVATE LIMITED	Director	03-08-02	03-08-02	-	Active	NO
29	U29252TZ1996PTC007017	PREMIER COTTON TEXTILES PRIVATE LIMITED	Director	08-08-02	08-08-02	-	Active	NO
30	U52110TZ1987PTC001973	CARE PRODUCTS PRIVATE LIMITED	Director	08-08-02	08-08-02	-	Active	NO

Name :

Mr. Karadibhavi Varadarajan Srinivasan

Designation :

Director

Address :

# 3 V P Naidu Street, Avanashi Road, Coimbatore-641018, Tamilnadu, India

Date of Birth/Age :

13.03.1961

Date of Appointment :

07.09.1991

DIN No.:

00004103

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	U02919TZ1985PTC001672	ESVEE CONSULTANTS AND ENGINEERS PRIVATE LIMITED	Director	27-09-85	27-09-85	-	Active	NO
2	U02520TZ1981PTC001107	PREMIER EVOLVICS PRIVATE LIMITED	Director	01-07-89	01-07-89	-	Active	NO
3	U17111TZ1976PTC000755	SREE NARASIMHA TEXTILES PRIVATE LIMITED	Managing director	07-06-91	07-06-91	-	Active	NO
4	U17111TZ1945PTC000146	PREMIER SPG AND WVG MILLS PRIVATE LIMITED	Director	07-09-91	07-09-91	-	Active	NO
5	U63040TZ1978PTC000813	HOLIDAY TRAVELS PRIVATE LIMITED	Director	29-09-92	29-09-92	-	Active	NO
6	U17111TZ1994PTC005511	PREMIER MILLS PRIVATE LIMITED	Managing director	16-11-94	16-11-94	-	Active	NO
7	U17111TZ1995PTC005901	PREMIER FINE LINENS PRIVATE LIMITED	Managing director	01-06-07	08-03-95	-	Active	NO
8	U72200TZ1998PTC008616	NUVA SYSTEMS PRIVATE LIMITED	Director	12-04-00	12-04-00	-	Active	NO
9	U17111TZ1994PTC005512	PTL TEXTILES COIMBATORE PRIVATE LIMITED	Director	17-08-01	17-08-01	-	Active	NO
10	U70101TZ2002PTC010117	SREE NARASIMHA HOLDINGS PRIVATE LIMITED	Director	26-03-02	26-03-02	-	Active	NO
11	U65993TZ2002PTC010400	LAKSHMI NARASIMHA HOLDINGS PRIVATE LIMITED	Director	16-12-02	16-12-02	-	Active	NO
12	U65993TZ2002PTC010415	SNT HOLDINGS PRIVATE LIMITED	Director	26-12-02	26-12-02	-	Active	NO
13	U65993TZ2002PTC010416	KARADIVAVI HOLDINGS PRIVATE LIMITED	Director	26-12-02	26-12-02	-	Active	NO
14	U07010TZ2003PTC010636	PPL HOLDINGS PRIVATE LIMITED	Director	18-06-03	18-06-03	-	Active	NO
15	U07010TZ2003PTC010647	LAKSHMI NARASIMHA HOLDINGS (COIMBATORE) PRIVATE LIMITED	Director	25-06-03	25-06-03	-	Active	NO
16	U40108TZ2003PTC010686	PALAVOOR WIND FARMS PRIVATE LIMITED	Director	24-07-03	24-07-03	03-02-09	Active	NO
17	U40108TZ2003PTC010753	PERUNGUDI WIND FARMS PRIVATE LIMITED	Director	05-09-03	05-09-03	-	Active	NO
18	U17120MH1967PLC013669	CONFEDERATION OF INDIAN TEXTILE INDUSTRY	Director	24-09-03	24-09-03	-	Active	NO
19	U70101TZ2004PTC010970	PULANKINAR HOLDINGS PRIVATE LIMITED	Director	09-02-04	09-02-04	-	Active	NO
20	U17111TZ2004PTC011073	LAKSHMI NARASIMHA TEXTILES PRIVATE LIMITED	Managing director	13-11-09	01-04-04	-	Active	NO
21	U65993TZ2004PTC011200	PACHAPALAYAM HOLDINGS PRIVATE LIMITED	Director	24-06-04	24-06-04	-	Active	NO
22	U18101TZ2004PTC011439	KULATHUR HOLDINGS PRIVATE LIMITED	Director	24-11-04	24-11-04	-	Active	NO
23	U17111TZ1987PTC001972	PRIMA PRODUCTS PRIVATE LIMITED	Director	04-08-06	04-08-06	-	Active	NO
24	U17111TZ2003PTC010452	COIMBATORE POLYTEX PRIVATE LIMITED	Director	04-08-06	04-08-06	-	Active	NO
25	U70101TZ2007PTC013415	THENNAMPALAYAM HOLDINGS PRIVATE LIMITED	Director	06-02-07	06-02-07	-	Active	NO
26	U70101TZ2007PTC013414	PALLADAM HOLDINGS PRIVATE LIMITED	Director	06-02-07	06-02-07	-	Active	NO
27	U70101TZ2007PTC013416	NEELAMBUR HOLDINGS PRIVATE LIMITED	Director	06-02-07	06-02-07	-	Active	NO
28	U70102TZ2007PTC013417	IRUGUR HOLDINGS PRIVATE LIMITED	Director	06-02-07	06-02-07	-	Active	NO
29	U91110MH1954NPL009385	THE COTTON TEXTILES EXPORT PROMOTION COUNCIL	Director	21-09-07	21-09-07	-	Active	NO
30	U55101TZ1995PTC006173	SUPER AIRPORT HOLDINGS (INDIA) PRIVATE LIMITED	Director	15-09-08	23-08-08	-	Active	NO

Name :

Mr. Rohit Rajendran

Designation :

Executive Director

Address :

#13, Nethaji Road, Pappanaickenpalyam, Coimbatore – 641037, Tamil Nadu, India

Date of Birth/Age :

04.07.1979

Date of Appointment :

03.08.2005

DIN No.:

00030631

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	U17111TZ1945PTC000146	PREMIER SPG AND WVG MILLS PRIVATE LIMITED	Director	03-08-05	03-08-05	-	Active	NO
2	U17111TZ2003PTC010452	COIMBATORE POLYTEX PRIVATE LIMITED	Director	05-09-05	05-09-05	-	Active	NO
3	U17111TZ1987PTC001972	PRIMA PRODUCTS PRIVATE LIMITED	Director	05-09-05	05-09-05	-	Active	NO
4	U17115TZ1984PTC001383	PREMIER TEXTURISERS PRIVATE LIMITED	Director	04-08-06	04-08-06	-	Active	NO
5	U17111TZ1995PTC005901	PREMIER FINE LINENS PRIVATE LIMITED	Director	03-08-07	02-12-06	-	Active	NO
6	U17111TZ1994PTC005511	PREMIER MILLS PRIVATE LIMITED	Director	03-08-07	02-12-06	-	Active	NO
7	U02520TZ1981PTC001107	PREMIER EVOLVICS PRIVATE LIMITED	Director	24-09-07	30-06-07	-	Active	NO

Name :

Mr. Kanasamy Ramasundaram

Designation :

Director

Address:

A-33, Premier Mill Colony, Belathur, Hosur Tk, Dharmapuri-635124, Tamilnadu, India

Date of Birth/ Age:

20.02.1964

Date of Appointment:

10.08.2007

DIN :

01377014

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	U17111TZ2003PTC010452	COIMBATORE POLYTEX PRIVATE LIMITED	Director	10-08-07	20-02-07	13-01-12	Active	NO
2	U17111TZ1945PTC000146	PREMIER SPG AND WVG MILLS PRIVATE LIMITED	Director	10-08-07	20-02-07	13-01-12	Active	NO
3	U17111TZ1987PTC001972	PRIMA PRODUCTS PRIVATE LIMITED	Director	10-08-07	20-02-07	13-01-12	Active	NO

Name :

Mrs. Sheela Rajendran

Designation :

Director

Address:

# 233 Tea Estate, Race Course, Coimbatore – 641018, Tamilnadu, India

Date of Birth/ Age:

19.06.1959

Date of Appointment:

10.06.2011

DIN :

00005216

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	U65993TZ1980PTC000921	SHEELA INVESTMENT PRIVATE LIMITED	Director	21-03-80	21-03-80	-	Active	NO
2	U63040TZ1978PTC000813	HOLIDAY TRAVELS PRIVATE LIMITED	Director	08-12-80	08-12-80	-	Active	NO
3	U65993TZ1981PTC001013	SHEELA INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	09-02-81	09-02-81	-	Active	NO
4	U05110TZ1981PTC001026	SHEELA TRADERS PRIVATE LIMITED	Director	16-03-81	16-03-81	-	Active	NO
5	U17115TZ1984PTC001383	PREMIER TEXTURISERS PRIVATE LIMITED	Director	23-02-84	23-02-84	-	Active	NO
6	U17111TZ1987PTC001972	PRIMA PRODUCTS PRIVATE LIMITED	Director	27-05-87	27-05-87	-	Active	NO
7	U65993TZ1992PTC003617	COIMBATORE SAMEERA INVESTMENTS PRIVATE LIMITED	Director	29-01-92	29-01-92	-	Active	NO
8	U65993TZ1992PTC003615	SAMEERA RAJENDRAN INVESTMENTS PRIVATE LIMITED	Director	29-01-92	29-01-92	-	Active	NO
9	U65993TZ1992PTC003616	ROHIT RAJENDRAN INVESTMENTS PRIVATE LIMITED	Director	29-01-92	29-01-92	-	Active	NO
10	U17111TZ2004PTC011207	RAAVIAR TEXTILES PRIVATE LIMITED	Director	25-06-04	25-06-04	-	Active	NO
11	U70101TZ2004PTC010972	CTPL HOLDINGS PRIVATE LIMITED	Director	06-09-05	06-09-05	03-02-09	Active	NO
12	U17111TZ2003PTC010452	COIMBATORE POLYTEX PRIVATE LIMITED	Director	04-08-06	04-08-06	-	Active	NO
13	U65993TZ1983PTC001284	OTHAKKALMANDAPAM INVESTMENT AND FINANCE PRIVATE LIMITED	Director	19-08-09	03-02-09	-	Active	NO
14	U65993TZ1985PTC001691	BELATHUR INVESTMENTS PRIVATE LIMITED	Director	19-08-09	03-02-09	-	Active	NO
15	U65993TZ1985PTC001690	BAGALUR INVESTMENTS PRIVATE LIMITED	Director	19-08-09	03-02-09	-	Active	NO
16	U70101TZ2002PTC010075	UDAMALPET HOLDINGS PRIVATE LIMITED	Director	19-08-09	03-02-09	-	Active	NO
17	U29191TZ1984PTC001443	RAAVIAR ENGINEERING PRIVATE LIMITED	Director	19-08-09	03-02-09	-	Active	NO
18	U17111TZ1981PTC001108	PREMIER TEXTILE TRADERS PRIVATE LIMITED	Director	19-08-09	03-02-09	-	Active	NO
19	U65993TZ1999PTC008834	PRIMERA INVESTMENTS PRIVATE LIMITED	Director	19-08-09	03-02-09	-	Active	NO
20	U40108TZ2003PTC010686	PALAVOOR WIND FARMS PRIVATE LIMITED	Director	19-08-09	03-02-09	-	Active	NO
21	U17111TZ1987PTC001943	COIMBATORE HOLDINGS PRIVATE LIMITED	Director	19-08-09	03-02-09	-	Active	NO
22	U17111TZ1945PTC000146	PREMIER SPG AND WVG MILLS PRIVATE LIMITED	Director	30-09-11	10-06-11	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2011

Names of Shareholders	No. of Shares
Bagalur Investments Private Limited, India	499044
Belathur Investments Private Limited, India	484190
Othakkalmandapam Investment and Finance Private Limited, India	928177
Primera Investments Private Limited, India	1273032
Premier Textile Traders Private Limited, India	90277
R Jagadish Chandran	1000
Rohit Rajendran	46830
D Rajendran	13470
D Rajendran – HUF	19690
Sabitha Chandran	1000
Sheela Rajendran	29340
Mrs. Sameera GopiKumar	6450
D Rajendran B – HUF	7500
TOTAL	3400000

Equity Share Break up (Percentage of Total Equity)

As on 30.09.2011

Category	Percentage
Bodies corporate	96.32
Directors or relatives of Directors	3.68
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer and Exporter of Cotton Yarn, Cotton Fabric and other Woven Fabrics.

Products :

Product Descriptions	ITC Code
Cotton Yarn	52.05
Cotton Fabrics	52.08
Other Woven Fabrics	55.14

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

· Union Bank Of India, Opposite Anakara Street, Coimbatore – 641001, Tamilnadu, India

· Andhra Bank, 17 Mill Road, Coimbatore – 641001, Tamilnadu, India

· Bank Of Baroda

· The Bank Of Nova Scotia

· Export Import Bank Of India

· Punjab National Bank

Facilities :

Secured Loan	As on 31.03.2011 (Rs. in Millions)	As on 31.03.2010 (Rs. in Millions)
Rupee term loans banks secured	1306.541	1363.334
Working capital loans banks secured	182.662	107.663
otal	1489.203	1470.997
Unsecured Loan	As on 31.03.2011 (Rs. in Millions)	As on 31.03.2010 (Rs. in Millions)
Rupee term loans others unsecured	5.218	5.072
Total	5.218	5.072

Banking Relations :	--
Auditors :
Name :	Deloitte Haskins and Sells Chartered Accountants
Address :	41, Race Course, Coimbatore – 641 018, Tamilnadu, India
Tel. No.:	91-422-4392801/ 802/ 803
Mobile No.:	91-422-2223615
PAN.:	AACFD3771D
Associates (As on 31.03.2010) :	· Premier Fine Yarns Private Limited CIN No. U17111TZ1994PTC005511 · Sree Narasimha Textiles Private Limited CIN No. U17111TZ1976PTC000755 · Prima Products Private Limited CIN No. U17111TZ1957PTC001972 · Premier Texturisers Private Limited CIN No. U17115TZ1984PTC001383 · Premier Polyweaves Private Limited CIN No. U17111TZ1995PTC005901 · Premier Textiles Private Limited CIN No. U17111TZ1994PTC005512 · Premier Textile Traders Private Limited CIN No. U17111TZ1981PTC001106 · Bagalur Investments Private Limited CIN No. U65993TZ1986PTC001690 · Belathur Investments Private Limited CIN No. U65993TZ1965PTC001691 · Holiday Travels Private limited · Coimbatore Polytex Private limited · Coimbatore Twister Private Limited · Lakshmi Naraisimha Textiles Private limited · Coimbatore Holdings Private Limited · Premier Cotton Textiles · Premier Mills Private Limited · Premier Evolvics Private limited · Premier Finelines Private Limited · Premier Texturisers Private Limited · Prima Products Private Limited · Sree Narasimha Textiles Private Limited
Subsidiaries Company (As on 31.03.2010) :	· Palavoor Wind Farms Private limited CIN No. U40108TZ2003PTC010686 · Coimbatore Holdings Private limited CIN No. U17111TZ1987PTC001943 · Udamalpet Holdings Private Limited CIN No. U7010TZ2002PTC010075

CAPITAL STRUCTURE

As on 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
5,250,000	Equity Shares	Rs.10/- each	Rs.52.500 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
3,400,000	Equity Shares	Rs.10/- each	Rs.34.000 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011	31.03.2010	31.03.2009
SHAREHOLDERS FUNDS
1] Share Capital		34.000	34.000	34.000
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		1312.225	1125.892	1034.848
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		1346.225	1159.892	1068.848
LOAN FUNDS
1] Secured Loans		1489.203	1470.997	1681.523
2] Unsecured Loans		5.218	5.072	4.837
TOTAL BORROWING		1494.421	1476.069	1686.360
DEFERRED TAX LIABILITIES		326.846	251.118	213.523
TOTAL		3167.492	2887.079	2968.731
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		1712.414	1742.072	1942.412
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		0.707	0.707	0.707
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	642.129	571.239	541.818
	Sundry Debtors	353.161	242.939	285.656
	Cash & Bank Balances	275.176	118.672	27.339
	Other Current Assets	69.862	81.781	54.242
	Loans & Advances	253.414	273.791	252.878
Total Current Assets		1593.742	1288.422	1161.933
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	33.929	44.656	84.181
	Other Current Liabilities	82.668	76.401	29.063
	Provisions	22.774	23.065	23.077
Total Current Liabilities		139.371	144.122	136.321
Net Current Assets		1454.371	1144.300	1025.612
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		3167.492	2887.079	2968.731

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2010	31.03.2009
	SALES
		Income	1965.310	1749.288
		Other Income	43.902	51.946
		TOTAL (A)	2009.212	1801.234
Less	EXPENSES
		Office Expenses	1526.042	1412.320
		Administrative Expenses
		Advertising Expenses
		TOTAL (B)	1526.042	1412.320
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		483.170	388.944
Less	FINANCIAL EXPENSES (D)		114.654	133.550
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		368.516	255.394
Less/ Add	DEPRECIATION/ AMORTISATION (F)		239.892	217.592
	PROFIT BEFORE TAX (E-F) (G)		128.624	37.802
Less	TAX (H)		37.580	6.423
	PROFIT AFTER TAX (G-H) (I)		91.044	31.382
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		1022.848	991.466
	BALANCE CARRIED TO THE B/S		1113.892	1022.848
	EARNINGS IN FOREIGN CURRENCY
		FOB Value of Export	642.460	639.709
	TOTAL EARNINGS		642.460	639.709
	IMPORTS
		Raw Materials	0.000	26.776
		Capital Goods	2.550	61.035
		Components & Spare Parts	25.902	19.052
	TOTAL IMPORTS
	Earnings Per Share (Rs.)		26.78	9.23

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	NA	4.53	1.74
Net Profit Margin (PBT/Sales)	(%)	NA	6.54	2.16
Return on Total Assets (PBT/Total Assets}	(%)	NA	4.24	1.22
Return on Investment (ROI) (PBT/Networth)		NA	0.11	0.04
Debt Equity Ratio (Total Liability/Networth)		1.21	1.39	1.71
Current Ratio (Current Asset/Current Liability)		11.44	8.93	8.52

LOCAL AGENCY FURTHER INFORMATION

Check List by Info Agents	Available in Report [Yes/No]
Year of Establishment	Yes
Locality of the Firm	Yes
Construction of the firm	Yes
Premises details	No
Type of Business	Yes
Line of Business	Yes
Promoters background	Yes
No. of Employees	No
Name of Person Contacted	No
Designation of contact person	No
Turnover of firm for last two years	Yes
Profitability for last two years	Yes
Reasons for variation <> 20%	-
Estimation for coming financial year	No
Capital the business	Yes
Details of sister concerns	Yes
Major Suppliers	No
Major Customers	No
Payment Terms	No
Export / Import Details [If Applicable]	No
Market Information	-
Litigations that the firm / promoter involved in	-
Banking Details	Yes
Banking Facility Details	Yes
Conduct of the banking account	-
Buyer visit details	-
Financials, if provided	Yes
Incorporation details, if applicable	Yes
Last accounts filed at ROC	Yes
Major Shareholders, if applicable	Yes

Note:

The registered office of the company has been shifted from 244A Td Street, Race Course, Coimbatore-641018, Tamilnadu, India to present address w.e.f. 24.01.2007

Fixed Assets:

• Freehold Land
• Buildings
• Machinery
• Electrical/ Data Processing Machines
• Office Equipments and Furniture
• Vehicles

AS PER WEBSITE DETAILS:

Profile:

The Premier Group has an international reputation for quality built over the past 60 years of innovation in the textile industry. Established in 1949, Premier Mills is a member of the Premier Group and a manufacturer and exporter of fine combed cotton yarn, producing over 18 million kilograms a year. With export revenues of over USD 150 million, Premier Mills is a dominant player in the global textile market today, utilizing cutting edge technology, high-grade raw materials and stringent quality control to deliver only the finest products to its customers. The company is headquartered in Coimbatore, India with a dedicated workforce of over 5000 employees.

Premier Mills uses the finest raw cotton chosen from Egypt, USA and India. Premier is also a Supima licensee and its products carry the Oeko-Tex certification.

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.55.56
UK Pound	1	Rs.85.52
Euro	1	Rs.69.50

INFORMATION DETAILS

Report Prepared by :

VRN

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	8
PAID-UP CAPITAL	1~10	7
OPERATING SCALE	1~10	7
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	7
--PROFITABILIRY	1~10	7
--LIQUIDITY	1~10	7
--LEVERAGE	1~10	7
--RESERVES	1~10	7
--CREDIT LINES	1~10	7
--MARGINS	-5~5	---
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	YES
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		64

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.