MIRA INFORM REPORT

Report Date :

26.06.2012

IDENTIFICATION DETAILS

Name :	BHASKAR INDUSTRIES LIMITED (w.e.f. 12.08.1994)
Formerly Known As :	D.R. GRAPHICS AND ALLIED INDUSTRIES LIMITED
Registered Office :	6, Dwarka Sadan, Press Complex, M. P. Nagar, Bhopal- 462 011, Madhya Pradesh
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	18.11.1985
Com. Reg. No.:	10-003145
Capital Investment / Paid-up Capital :	Rs.75.330 Millions
CIN No.: [Company Identification No.]	U67120MP1985PLC003145
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Manufacturer of Garments Yarns, Denim Fabrics.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (50)

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

Maximum Credit Limit :	USD 8970000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track. General financial position of the company is good. Trade relations are fair. Business is active. Payments are reported to be usually correct and as per commitments. The company can be considered normal for business dealings at usual trade terms and conditions.

NOTES:

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – September 30, 2011

Country Name	Previous Rating (30.06.2011)	Current Rating (30.09.2011)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

LOCATIONS

Registered Office :	6, Dwarka Sadan, Press Complex, M. P. Nagar, Bhopal- 462 011, Madhya Pradesh, India
Tel. No.:	91-755-3988884
Fax No.:	91-755-2675190
E-Mail :	csbpl2008@yahoo.co.in srigopal@bhaskarindutries.com exports@bhaskarindutries.com mktg@bhaskarindutries.com info@bhaskarindutries.com
Website :	www.bhaskarindustries.com
Factory :	Plot No.15/16, Sector- D, Industrial Area, Mandideep, District- Raisen, Bhopal, Madhya Pradesh, India
Tel. No.:	91-7480-233404/ 233164/ 407010
Fax No.:	91-7480-233492/ 401025

DIRECTORS

AS ON 14.07.2011

Name :

Mr. Ramesh Chandra Agarwal

Designation :

Chairman cum Managing Director

Address :

E-1/79, Aera Colony, Bhopal-462 016, Madhya Pradesh, India

Date of Birth/Age :

15.06.1944

Date of Appointment :

16.01.1995

DIN No.:

00051310

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U22121MP1976PTC001370	BHASKAR PUBLICATIONS & ALLIED INDUSTRIES PVT LTD	Director	14-05-76	14-05-76	-	Active	NO
2	U22210GJ1981PTC047207	WRITERS AND PUBLISHERS Private LIMITED	Director	13-01-81	13-01-81	-	Active	NO
3	U26921MP1992PLC007125	SHARDA SOLVENT LIMITED	Director	29-09-92	29-09-92	-	Active	NO
4	U67120MP1985PLC003145	BHASKAR INDUSTRIES LIMITED	Director	01-04-12	16-01-95	-	Active	NO
5	U15141MP1997PTC012474	BHASKAR EXXOILS Private LIMITED	Director	25-11-97	25-11-97	-	Active	NO
6	U15143MP1998PLC012842	STITEX GLOBAL LIMITED	Director	21-05-98	21-05-98	-	Active	NO
7	U51109MP1985PTC003142	S.A. TRADING & INVESTMENTS PVT LTD	Director	20-08-03	20-08-03	-	Active	NO
8	U51109MP1985PTC003141	BHASKAR FOODS PRIVATE LIMITED	Director	12-03-04	12-03-04	-	Active	NO
9	U92132MP1999PLC013585	BHASKAR MULTINET LIMITED	Director	22-02-05	22-02-05	-	Active	NO
10	U45200MH2005PTC157370	SHUBIK REALTIES PRIVATE LIMITED	Director	17-11-05	17-11-05	17-02-09	Active	NO
11	L22210GJ1995PLC047208	D.B. CORP LIMITED	Director	10-12-05	10-12-05	-	Active	NO
12	U01112MP1979NPL001559	SOYABEEN PROCESSORS ASSOCIATION OF INDIA	Director	30-09-06	30-09-06	-	Active	NO
13	U40109MP2006PLC019008	D B POWER LIMITED	Director	12-10-06	12-10-06	-	Active	NO
14	U10200MP2006PLC019161	DB Mining Corp Limited	Director	29-12-06	29-12-06	21-06-08	Active	NO
15	U72200MH2007PLC171849	INDIA INTERACTIVE TECHNOLOGIES LIMITED	Director	20-06-07	20-06-07	-	Active	NO
16	U45200GJ2005PTC066071	SHASHWAT HOMES PRIVATE LIMITED	Additional director	18-07-07	18-07-07	06-02-09	Active	NO
17	U11101MP2008PLC020377	DIVA OIL & GAS LIMITED	Director	22-02-08	22-02-08	-	Active	NO
18	U70109MP2008PLC021394	BHASKAR INFRAVENTURE LIMITED	Director	10-12-08	10-12-08	-	Active	NO
19	U01403MP2008PTC021375	DB ENERGY AND FOODS PRIVATE LIMITED	Director	29-09-09	02-02-09	-	Active	NO
20	U40100MP2010PTC023554	DILIIGENT POWER PRIVATE LIMITED	Director	28-09-11	01-10-10	-	Active	NO
21	U40100MP2008PLC020903	DB POWER (MADHYA PRADESH) LIMITED	Director	28-09-11	01-10-10	-	Active	NO
22	U14100MP2011PTC025235	DHANSHREE MINES PRIVATE LIMITED	Director	21-01-11	21-01-11	-	Active	NO
23	U14100MP2011PTC025231	DEVASREE INFRAMINE PRIVATE LIMITED	Director	21-01-11	21-01-11	-	Active	NO
24	U14100MP2011PTC025264	DYNAMIC INFRAMINE PRIVATE LIMITED	Director	27-01-11	27-01-11	-	Active	NO
25	U14100MP2011PTC025262	BHASKAR INFRAMINE PRIVATE LIMITED	Director	27-01-11	27-01-11	-	Active	NO
26	U14100MP2011PTC025261	DIVINE INFRAMINE PRIVATE LIMITED	Director	27-01-11	27-01-11	-	Active	NO
27	U45200MH1994PTC083299	JGB BUILDERS PVT LTD	Additional director	17-11-11	17-11-11	-	Active	NO

Name :

Mr. Sudhir Agarwal

Designation :

Director

Address :

E-1/79, Aera Colony, Bhopal-462 016, Madhya Pradesh, India

Date of Birth/Age :

20.07.1967

Date of Appointment :

10.06.1994

DIN No.:

00051407

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U22121MP1976PTC001370	BHASKAR PUBLICATIONS & ALLIED INDUSTRIES PVT LTD	Director	19-07-87	19-07-87	-	Active	NO
2	U22210GJ1981PTC047207	WRITERS AND PUBLISHERS Private LIMITED	Director	30-03-09	20-04-92	-	Active	NO
3	U26921MP1992PLC007125	SHARDA SOLVENT LIMITED	Director	28-03-09	21-12-92	-	Active	NO
4	U67120MP1985PLC003145	BHASKAR INDUSTRIES LIMITED	Director	10-06-94	10-06-94	-	Active	NO
5	U15141MP1997PTC012474	BHASKAR EXXOILS Private LIMITED	Director	25-11-97	25-11-97	-	Active	NO
6	U92132MP1999PLC013585	BHASKAR MULTINET LIMITED	Director	21-06-99	21-06-99	29-09-08	Active	NO
7	U15143MP1998PLC012842	STITEX GLOBAL LIMITED	Director	02-07-01	02-07-01	21-06-08	Active	NO
8	U51109MP1985PTC003141	BHASKAR FOODS PRIVATE LIMITED	Director	12-03-04	12-03-04	-	Active	NO
9	U22190GJ1961PTC001097	SAURASHTRA SAMACHAR PVT LTD	Director	21-08-04	21-08-04	-	Active	NO
10	U22120MH2005PLC151377	DILIGENT MEDIA CORPORATION LIMITED	Director	14-08-06	22-03-05	-	Active	NO
11	U92132MP2005PLC018039	SYNERGY MEDIA ENTERTAINMENT LIMITED	Director	17-10-05	17-10-05	-	Active	NO
12	L22210GJ1995PLC047208	D.B. CORP LIMITED	Managing director	01-01-12	10-12-05	-	Active	NO
13	U04520MP2006PTC018399	SURGE DEVELOPERS Private LIMITED	Director	10-02-06	10-02-06	-	Active	NO
14	U01542MP2006PTC018492	BHASKAR BIO-FULES PRIVATE LIMITED	Director	20-03-06	20-03-06	-	Active	NO
15	U04520MP2006PTC018493	D B INFRASTRUCTURES Private Limited	Director	20-03-06	20-03-06	09-07-08	Active	NO
16	U51398CT2006PLC018649	SHOURYA DIAMONDS LIMITED	Director	03-05-06	03-05-06	-	Active	NO
17	U51224MP2006PTC018654	BHASKAR VENKATESH PRODUCTS PRIVATE LIMITED	Director	04-05-06	04-05-06	-	Active	NO
18	U64202MP2006PLC018676	I MEDIA CORP LIMITED	Director	01-06-06	01-06-06	-	Active	NO
19	U45203MP2006PTC018699	D B MALLS PRIVATE LIMITED	Director	14-06-06	14-06-06	-	Active	NO
20	U10200MP2006PLC019161	DB Mining Corp Limited	Director	29-12-06	29-12-06	21-06-08	Active	NO
21	U40109MP2007PTC019345	D B ENERGY PRIVATE LIMITED	Director	13-03-07	13-03-07	-	Active	NO
22	U72200MH2007PLC171849	INDIA INTERACTIVE TECHNOLOGIES LIMITED	Director	20-06-07	20-06-07	-	Active	NO
23	U92130MP2007PTC019845	HATHWAY BHASKAR MULTINET PRIVATE LIMITED	Director	20-09-07	20-09-07	-	Active	NO
24	U22120MP2007PTC019963	DB PUBLICATIONS PRIVATE LIMITED	Director	01-11-07	01-11-07	-	Active	NO
25	U11101MP2008PLC020377	DIVA OIL & GAS LIMITED	Director	22-02-08	22-02-08	-	Active	NO
26	U15141MP2008PTC020404	VINDHYA SOLVENT PRIVATE LIMITED	Director	29-02-08	29-02-08	-	Active	NO
27	U45200MP2008PTC020793	AARKEY ADITYA DEVELOPERS PRIVATE LIMITED	Director	17-06-08	17-06-08	-	Active	NO
28	U14109MP2008PTC020875	DELTA COAL & MINING PRIVATE LIMITED	Director	07-07-08	07-07-08	-	Active	NO
29	U40100MP2008PLC020907	DB POWER (CHHATTISGARH) LIMITED	Director	10-07-08	10-07-08	-	Active	NO
30	U11201MP2008PTC020901	VISTA NATURAL RESOURCES PRIVATE LIMITED	Director	10-07-08	10-07-08	-	Active	NO
31	U40100MP2008PLC020903	DB POWER (MADHYA PRADESH) LIMITED	Director	10-07-08	10-07-08	01-10-10	Active	NO
32	U13200MP2008PTC020924	VASTU MINES PRIVATE LIMITED	Director	15-07-08	15-07-08	-	Active	NO
33	U40101MP2008PTC020923	DOLBY MINING & POWER PRIVATE LIMITED	Director	15-07-08	15-07-08	-	Active	NO
34	U92100MP2008PTC020983	BHASKAR ENTERTAINMENT & MEDIA PRIVATE LIMITED	Director	29-07-08	29-07-08	-	Active	NO
35	U92100MP2008PLC021003	BHASKAR NEWS MEDIA LIMITED	Director	04-08-08	04-08-08	-	Active	NO
36	U40109MP2008PTC021120	DB POWER (JHARKHAND) PRIVATE LIMITED	Director	08-09-08	08-09-08	-	Active	NO
37	U40109MP2008PTC021118	BHASKAR GREEN POWER PRIVATE LIMITED	Director	08-09-08	08-09-08	21-08-10	Active	NO
38	U01403MP2008PTC021375	DB ENERGY AND FOODS PRIVATE LIMITED	Director	02-12-08	02-12-08	-	Active	NO
39	U70102MP2008PTC021415	DEMEURER DEVELOPERS PRIVATE LIMITED	Director	15-12-08	15-12-08	-	Active	NO
40	U40100MP2009PLC022082	AMPLE POWER LIMITED	Director	29-06-09	29-06-09	-	Active	NO
41	U45201MP2010PTC022880	LE SOLEIL DEVELOPERS PRIVATE LIMITED	Director	04-01-10	04-01-10	-	Active	NO
42	U40100MP2010PTC023556	VINDHYA POWER PRIVATE LIMITED	Director	13-05-10	13-05-10	-	Active	NO
43	U40100MP2010PTC023553	DAKSH ENERGY PRIVATE LIMITED	Director	13-05-10	13-05-10	-	Active	NO
44	U55101MP2011PTC025196	DELIGENT HOTEL CORPORATION PRIVATE LIMITED	Director	17-01-11	17-01-11	-	Active	NO

Name :

Mr. Girish Agarwal

Designation :

Director

Address :

E-1/79, Aera Colony, Bhopal-462 016, Madhya Pradesh, India

Date of Birth/Age :

10.07.1971

Date of Appointment :

15.06.1992

DIN No.:

00051375

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U22121MP1976PTC001370	BHASKAR PUBLICATIONS & ALLIED INDUSTRIES PVT LTD	Director	06-10-89	06-10-89	-	Active	NO
2	U51109MP1985PTC003141	BHASKAR FOODS PRIVATE LIMITED	Director	31-08-90	31-08-90	-	Active	NO
3	U67120MP1985PLC003145	BHASKAR INDUSTRIES LIMITED	Director	15-06-92	15-06-92	-	Active	NO
4	L22210GJ1995PLC047208	D.B. CORP LIMITED	Director	27-10-95	27-10-95	-	Active	NO
5	U15141MP1996PTC010336	REGENCY AGRO PRODUCTS PVT LTD	Director	06-04-96	06-04-96	-	Active	NO
6	U92132MP1999PLC013585	BHASKAR MULTINET LIMITED	Director	21-06-99	21-06-99	21-06-08	Active	NO
7	U99999DL1951PLC002023	THE INDIAN NEWSPAPER SOCIETY.	Director	16-09-00	16-09-00	01-11-11	Active	NO
8	U15141MP1997PTC012474	BHASKAR EXXOILS PRIVATE LIMITED	Director	23-11-00	23-11-00	-	Active	NO
9	U22210GJ1981PTC047207	WRITERS AND PUBLISHERS PRIVATE LIMITED	Director	01-12-07	01-12-02	-	Active	NO
10	U45201MP2003PTC015886	SHARDA REAL ESTATE PRIVATE LIMITED	Director	16-06-03	16-06-03	21-12-09	Active	NO
11	U22190GJ1961PTC001097	SAURASHTRA SAMACHAR PVT LTD	Director	21-08-04	21-08-04	-	Active	NO
12	U22120MH2005PLC151377	DILIGENT MEDIA CORPORATION LIMITED	Director	14-08-06	22-03-05	-	Active	NO
13	U92132MP2005PLC018039	SYNERGY MEDIA ENTERTAINMENT LIMITED	Director	17-10-05	17-10-05	-	Active	NO
14	U45200MH2005PTC157370	SHUBIK REALTIES PRIVATE LIMITED	Director	17-11-05	17-11-05	17-02-09	Active	NO
15	U04520MP2006PTC018399	SURGE DEVELOPERS PRIVATE LIMITED	Director	10-02-06	10-02-06	-	Active	NO
16	U01542MP2006PTC018492	BHASKAR BIO-FULES PRIVATE LIMITED	Director	20-03-06	20-03-06	-	Active	NO
17	U04520MP2006PTC018493	D B INFRASTRUCTURES PRIVATE LIMITED	Director	20-03-06	20-03-06	21-06-08	Active	NO
18	U55101RJ2005PTC020464	DIVYAMOTI HOTELS AND RESORTS PRIVATE LIMITED	Director	25-04-06	25-04-06	04-01-08	Active	NO
19	U51398CT2006PLC018649	SHOURYA DIAMONDS LIMITED	Director	03-05-06	03-05-06	-	Active	NO
20	U45203MP2006PTC018699	D B MALLS PRIVATE LIMITED	Director	14-06-06	14-06-06	-	Active	NO
21	U24292CT1999PLC013364	MARUTI CLEAN COAL AND POWER LIMITED	Director	30-09-06	15-06-06	19-11-10	Active	NO
22	U26921MP1992PLC007125	SHARDA SOLVENT LIMITED	Director	28-08-06	28-08-06	-	Active	NO
23	U40109MP2006PLC019008	D B POWER LIMITED	Managing director	01-12-09	20-12-06	-	Active	NO
24	U10200MP2006PLC019161	DB MINING CORP LIMITED	Director	29-09-07	05-01-07	21-06-08	Active	NO
25	U67120MP2007PTC019449	DEV ENTERPRISES PRIVATE LIMITED	Director	16-04-07	16-04-07	-	Active	NO
26	U67120MP2007PTC019450	DIVYA TRADING PRIVATE LIMITED	Director	16-04-07	16-04-07	-	Active	NO
27	U45201MP2007PTC019666	DIVYA DEV DEVELOPERS PRIVATE LIMITED	Director	11-07-07	11-07-07	-	Active	NO
28	U45200GJ2005PTC066071	SHASHWAT HOMES PRIVATE LIMITED	Additional director	18-07-07	18-07-07	06-02-09	Active	NO
29	U67120MP2007PTC019683	DB PARTNERS ENTERPRISES PRIVATE LIMITED	Director	23-07-07	23-07-07	-	Active	NO
30	U92130MP2007PTC019845	HATHWAY BHASKAR MULTINET PRIVATE LIMITED	Director	20-09-07	20-09-07	-	Active	NO
31	U67120MP1995PLC009429	BHASKAR INFRASTRUCTURE LIMITED	Director	27-09-07	22-09-07	-	Active	NO
32	U70102MP2007PTC019864	DB BUILDCON PRIVATE LIMITED	Director	24-09-07	24-09-07	-	Active	NO
33	U22120MP2007PTC019963	DB PUBLICATIONS PRIVATE LIMITED	Director	01-11-07	01-11-07	-	Active	NO
34	U11101MP2008PLC020377	DIVA OIL & GAS LIMITED	Director	22-02-08	22-02-08	-	Active	NO
35	U15141MP2008PTC020404	VINDHYA SOLVENT PRIVATE LIMITED	Director	29-02-08	29-02-08	-	Active	NO
36	U45200MP2008PTC020793	AARKEY ADITYA DEVELOPERS PRIVATE LIMITED	Director	17-06-08	17-06-08	-	Active	NO
37	U14109MP2008PTC020875	DELTA COAL & MINING PRIVATE LIMITED	Director	07-07-08	07-07-08	-	Active	NO
38	U40100MP2008PLC020907	DB POWER (CHHATTISGARH) LIMITED	Director	10-07-08	10-07-08	-	Active	NO
39	U40100MP2008PLC020903	DB POWER (MADHYA PRADESH) LIMITED	Director	10-07-08	10-07-08	-	Active	NO
40	U11201MP2008PTC020901	VISTA NATURAL RESOURCES PRIVATE LIMITED	Director	10-07-08	10-07-08	-	Active	NO
41	U13200MP2008PTC020924	VASTU MINES PRIVATE LIMITED	Director	15-07-08	15-07-08	-	Active	NO
42	U40101MP2008PTC020923	DOLBY MINING & POWER PRIVATE LIMITED	Director	15-07-08	15-07-08	-	Active	NO
43	U92100MP2008PTC020983	BHASKAR ENTERTAINMENT & MEDIA PRIVATE LIMITED	Director	29-07-08	29-07-08	-	Active	NO
44	U92100MP2008PLC021003	BHASKAR NEWS MEDIA LIMITED	Director	04-08-08	04-08-08	-	Active	NO
45	U45202MH2008PTC182658	YOMAN INFRASTRUCTURE PRIVATE LIMITED	Director	29-09-09	11-08-08	-	Active	NO
46	U40109MP2008PTC021118	BHASKAR GREEN POWER PRIVATE LIMITED	Director	08-09-08	08-09-08	21-08-10	Active	NO
47	U40109MP2008PTC021120	DB POWER (JHARKHAND) PRIVATE LIMITED	Director	08-09-08	08-09-08	-	Active	NO
48	U01403MP2008PTC021375	DB ENERGY AND FOODS PRIVATE LIMITED	Director	02-12-08	02-12-08	-	Active	NO
49	U70109MP2008PLC021394	BHASKAR INFRAVENTURE LIMITED	Director	10-12-08	10-12-08	-	Active	NO
50	U70102MP2008PTC021415	DEMEURER DEVELOPERS PRIVATE LIMITED	Director	15-12-08	15-12-08	-	Active	NO
51	U40100MP2009PLC022082	AMPLE POWER LIMITED	Director	29-06-09	29-06-09	-	Active	NO
52	U40100MP2009PTC022413	VIRAT POWER AND MINES PRIVATE LIMITED	Director	18-09-09	18-09-09	01-12-09	Active	NO
53	U45200MP2009PTC022423	DRONA INFRAMINE AND POWER PRIVATE LIMITED	Director	22-09-09	22-09-09	01-12-09	Active	NO
54	U45201MP2009PTC022422	DHRUV INFRAMINE AND POWER PRIVATE LIMITED	Director	22-09-09	22-09-09	01-12-09	Active	NO
55	U45201MP2010PTC022880	LE SOLEIL DEVELOPERS PRIVATE LIMITED	Director	04-01-10	04-01-10	-	Active	NO
56	U40100MP2010PTC023556	VINDHYA POWER PRIVATE LIMITED	Director	13-05-10	13-05-10	-	Active	NO
57	U40100MP2010PTC023555	DOLBY POWER & ENERGY PRIVATE LIMITED	Director	13-05-10	13-05-10	-	Active	NO
58	U40100MP2010PTC023553	DAKSH ENERGY PRIVATE LIMITED	Director	13-05-10	13-05-10	-	Active	NO
59	U40100MP2010PTC023554	DILIIGENT POWER PRIVATE LIMITED	Managing director	01-10-11	13-05-10	-	Active	NO
60	U65923MP2011PTC025087	D B MICROFINANCE PRIVATE LIMITED	Director	03-01-11	03-01-11	-	Active	NO
61	U55101MP2011PTC025196	DELIGENT HOTEL CORPORATION PRIVATE LIMITED	Director	17-01-11	17-01-11	-	Active	NO
62	U92413MP2010PTC023210	BHASKAR UNITED SPORTING PRIVATE LIMITED	Additional director	20-08-11	20-08-11	-	Active	NO
63	U45200MH1994PTC083299	JGB BUILDERS PVT LTD	Additional director	17-11-11	17-11-11	-	Active	NO

Name :

Mr. Ravi Datt Sawla

Designation :

Director

Address :

House No. 154, Viceroy Park Colony, Bawadiya Kalan, Bhopal – 462016, Madhya Pradesh, India

Date of Birth/Age :

14.12.1969

Date of Appointment :

16.03.2006

DIN No.:

00809325

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U51109GJ1985PTC051693	PEACOCK TRADING & INVESTMENTS PVT LTD	Director	20-04-04	20-04-04	-	Active	NO
2	U67120MH1985PTC037789	AARKEY INVESTMENTS PVT LTD	Director	12-11-04	12-11-04	-	Active	NO
3	U51109MP1985PTC003142	S.A. TRADING & INVESTMENTS PVT LTD	Director	27-02-06	27-02-06	-	Active	NO
4	U15141MP1997PTC012474	BHASKAR EXXOILS PRIVATE LIMITED	Director	27-02-06	27-02-06	-	Active	NO
5	U67120MP1985PLC003145	BHASKAR INDUSTRIES LIMITED	Director	16-03-06	16-03-06	-	Active	NO
6	U26921MP1992PLC007125	SHARDA SOLVENT LIMITED	Director	16-03-06	16-03-06	-	Active	NO
7	U70101MP2007PTC019662	VARIANT INFRA PRIVATE LIMITED	Director	10-07-07	10-07-07	-	Active	NO
8	U72100MP2008PTC020413	DB INFRATECH PRIVATE LIMITED	Director	04-03-08	04-03-08	-	Active	NO
9	U10200MP2006PLC019161	DB MINING CORP LIMITED	Director	30-08-08	21-06-08	-	Active	NO
10	U04520MP2006PTC018493	D B INFRASTRUCTURES PRIVATE LIMITED	Director	29-09-08	21-06-08	-	Active	NO
11	U92132MP1999PLC013585	BHASKAR MULTINET LIMITED	Director	29-09-09	29-09-08	-	Active	NO
12	U45400MP2001PTC014626	ABHIJIT BUILDCON PRIVATE LIMITED	Director	29-09-09	25-03-09	15-01-10	Active	NO
13	U74120WB2008PTC122699	JAI HIND FINANCIAL ADVISORS PRIVATE LIMITED	Additional director	28-05-10	28-05-10	-	Active	NO
14	U72200WB2007PTC117872	AJAY SOFTWARE PRIVATE LIMITED	Additional director	28-05-10	28-05-10	-	Active	NO
15	U45201MP2003PTC015884	BHASKAR HOUSING DEVELOPMENT COMPANY PRIVATE LIMITED	Director	29-09-11	20-04-11	-	Active	NO
16	U45200MP2011PTC026155	DB CITY HOUSING & DEVELOPERS PRIVATE LIMITED	Director	09-06-11	09-06-11	-	Active	NO
17	U70101MP2011PTC027004	DILIGENT PINKCITY CENTER PRIVATE LIMITED	Director	24-10-11	24-10-11	-	Active	NO
18	AAA-7907	BHUMIDEV CONSTRUCTIONS LLP	-	07-02-12	07-02-12	-	Active	NO

Name :

Mr. Manoj Garg

Designation :

Director

Address :

Dainik Bhaskar, Raipur – 492001, Chhattisgarh, India

Date of Birth/Age :

12.07.1971

Date of Appointment :

16.03.2006

DIN No.:

00809382

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U51109GJ1985PTC051693	PEACOCK TRADING & INVESTMENTS PVT LTD	Director	20-04-04	20-04-04	-	Active	NO
2	U67120MH1985PTC037789	AARKEY INVESTMENTS PVT LTD	Director	12-11-04	12-11-04	-	Active	NO
3	U67120MP1985PLC003145	BHASKAR INDUSTRIES LIMITED	Director	16-03-06	16-03-06	-	Active	NO
4	U26921MP1992PLC007125	SHARDA SOLVENT LIMITED	Director	16-03-06	16-03-06	-	Active	NO
5	U67120MP1995PTC009407	BHOPAL FINANCIAL SERVICES PVT LTD	Director	10-07-07	30-05-07	-	Active	NO
6	U70101MP2007PTC019662	VARIANT INFRA PRIVATE LIMITED	Director	10-07-07	10-07-07	-	Active	NO
7	U72100MP2008PTC020413	DB INFRATECH PRIVATE LIMITED	Director	04-03-08	04-03-08	-	Active	NO
8	U74140MP2008PTC020564	SMART FACE CONSULTANCY PRIVATE LIMITED	Director	10-04-08	10-04-08	11-02-12	Active	NO
9	U10200MP2006PLC019161	DB Mining Corp Limited	Director	30-08-08	21-06-08	-	Active	NO
10	U17124MP2002PLC015251	BHASKAR EXIM LIMITED	Director	29-09-09	09-07-08	-	Active	NO
11	U24231MP1987PTC004182	BRIGHT DRUG INDUSTRIES PRIVATE LIMITED	Additional director	01-09-08	01-09-08	-	Active	NO
12	U92132MP1999PLC013585	BHASKAR MULTINET LIMITED	Director	29-09-09	29-09-08	-	Active	NO
13	U45400MP2001PTC014626	ABHIJIT BUILDCON PRIVATE LIMITED	Director	29-09-09	25-03-09	15-01-10	Active	NO
14	U45200MP2009PTC022423	DRONA INFRAMINE AND POWER PRIVATE LIMITED	Director	04-09-10	30-11-09	-	Active	NO
15	U40100MP2009PTC022413	VIRAT POWER AND MINES PRIVATE LIMITED	Director	04-09-10	30-11-09	-	Active	NO
16	U45201MP2009PTC022422	DHRUV INFRAMINE AND POWER PRIVATE LIMITED	Director	30-11-09	30-11-09	-	Active	NO
17	U72200WB2007PTC117872	AJAY SOFTWARE PRIVATE LIMITED	Additional director	28-05-10	28-05-10	-	Active	NO
18	U74120WB2008PTC122699	JAI HIND FINANCIAL ADVISORS PRIVATE LIMITED	Additional director	28-05-10	28-05-10	-	Active	NO
19	U45200MP2011PTC026155	DB CITY HOUSING & DEVELOPERS PRIVATE LIMITED	Director	09-06-11	09-06-11	-	Active	NO

Name :

Mr. Pramod Maheshwari

Designation :

Whole TimeDirector

Address :

65, Paras Majestic, E-8, Area Colony, Bhopal-462016, Madhya Pradesh, India

Date of Birth/Age :

10.07.1960

Date of Appointment :

30.06.2009

DIN No.:

02702158

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Company/ LLP Status	Defaulting status
1	U67120MP1985PLC003145	BHASKAR INDUSTRIES LIMITED	Director	31-08-09	30-06-09	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 14.07.2011

Names of Shareholders	No. of Equity Shares
Ramesh Chandra Agarwal (HUF)	173936
Ramesh Chandra Agarwal	506913
Sudhir Agarwal	501365
Girish Agarwal	320910
Pawan Agarwal	354316
Jyoti Agarwal	482230
Namita Agarwal	514890
Nitika Agarwal	309388
Bhaskar Foods Private Limited, India	143950
Chambal Trading Private Limited, India	372263
Bhaskar Infrastructures Limited, India	507883
Girish Agarwal HUF	350000
Sudhir Agarwal HUF	510000
Pawan Agarwal HUF	125000
Total	5173044

Names of Shareholders	No. of Preference Shares
Bhaskar Denim Limited	2360000
Total	2360000

Equity Share Break up (Percentage of Total Equity)

As on 14.07.2011

Category	Percentage
Bodies corporate	20.00
Directors or relatives of Directors	80.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer of Garments Yarns, Denim Fabrics.

Products :

Product Description	Item Code No. (ITC Code)
Cotton Yarn	5205
Cotton Fabrics	5207

PRODUCTION STATUS (AS ON 31.03.2010)

Particulars	Unit	Licensed Capacity	Installed Capacity
Spinning	MT	27500	17500
Denim	Lac Mtrs	550	440

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

· State Bank of India,

LHO Complex, Hoshangabad Road, Bhopal – 462011, Madhya Pradesh, India

· Central Bank of India,

GTB Complex, T. T. Nagar, Bhopal – 462003, Madhya Pradesh, India

· Oriental Bank of Commerce

· Bank of India

· Industrial Development Bank of India

· State Bank of Bikaner and Jaipur

Facilities :

Secured Loan	As on 31.03.2011 (Rs. in Millions)	As on 31.03.2010 (Rs. in Millions)
Rupee term loans banks secured	1593.432	1345.284
Working capital loans banks secured	940.504	428.928
Total	2533.936	1774.212

Banking Relations :	--
Auditors :
Name :	Krishna Gupta and Company Chartered Accountants
Address :	105, Parikalp Singhal Tower, Old high Court, Gwalior-474009, Madhya Pradesh, India
Tel. No.:	91-751-2628374/4086435
Mobile No.:	91-9827075044
Fax No.:	91-751-2628374
PAN.:	AAEFK3347G

CAPITAL STRUCTURE

AS ON 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
12640000	Equity Shares	Rs.10/- each	Rs.126.400 Millions
2360000	Preference Shares	Rs.10/- each	Rs.23.600 Millions
	Total		Rs.150.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
5173044	Equity Shares	Rs.10/- each	Rs.51.730 Millions
2360000	Preference Shares	Rs.10/- each	Rs.23.600 Millions
	Total		Rs.75.330 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		75.330	75.330	75.330
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		2167.716	1814.651	1779.994
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		2243.046	1889.981	1855.324
LOAN FUNDS
1] Secured Loans		2533.936	1774.212	1885.224
2] Unsecured Loans		0.000	0.000	0.000
TOTAL BORROWING		2533.936	1774.212	1885.224
DEFERRED TAX LIABILITIES		173.818	167.812	171.062
TOTAL		4950.800	3832.005	3911.610
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		1625.142	1568.657	1759.574
Capital work-in-progress		7.239	1.510	0.000
INVESTMENT		1135.613	931.613	931.613
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	1024.444	465.280	483.360
	Sundry Debtors	1279.073	915.390	789.900
	Cash & Bank Balances	185.387	35.084	9.246
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	125.516	126.818	103.947
Total Current Assets		2614.420	1542.572	1386.453
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	345.012	135.552	123.600
	Other Current Liabilities	86.602	76.795	42.430
	Provisions	0.000	0.000	0.000
Total Current Liabilities		431.614	212.347	166.030
Net Current Assets		2182.806	1330.225	1220.423
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		4950.800	3832.005	3911.610

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income	5769.093	4025.453	2815.168
		Other Income	26.149	33.339	19.517
		TOTAL (A)	5795.242	4058.792	2834.685
Less	EXPENSES
		Consumption material changes inventories	271.894	372.493
		Manufacturing service costs	345.006	275.017
		Employee related costs	194.990	153.842	2542.630
		Administrative selling other expenses	88.354	77.572
		TOTAL (B)	900.244	878.924	2542.630
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		4894.998	3179.868	292.055
Less	FINANCIAL EXPENSES (D)		187.970	161.954	117.523
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		4707.028	3017.914	174.532
Less/ Add	DEPRECIATION/ AMORTISATION (F)		125.264	181.663	160.332
	PROFIT BEFORE TAX (E-F) (G)		4581.764	2836.251	14.200
Less	TAX (H)		141.045	(1.443)	13.079
	PROFIT AFTER TAX (G-H) (I)		4440.719	2837.694	1.121
	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		2.449	0.333	2.212
	APPROPRIATIONS
		Transfer to General Reserve	350.000	30.000	3.000
	BALANCE CARRIED TO THE B/S		5.563	2.499	0.333
	Earnings Per Share (Rs.)		67.59	6.21	0.22

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	76.62	69.91	0.04
Net Profit Margin (PBT/Sales)	(%)	79.42	70.46	0.50
Return on Total Assets (PBT/Total Assets}	(%)	108.07	91.16	0.45
Return on Investment (ROI) (PBT/Networth)		2.04	1.50	0.01
Debt Equity Ratio (Total Liability/Networth)		1.32	1.05	1.10
Current Ratio (Current Asset/Current Liability)		6.06	7.26	8.35

LOCAL AGENCY FURTHER INFORMATION

Check list by info Agents	Available in Report (Yes/ No)
Year of Establishment	Yes
Locality of the Firm	Yes
Constitution of the Firm	Yes
Premises details	No
Type of Business	Yes
Line of Business	Yes
Promoter’s Background	Yes
No. of Employees	No
Name of Person Contacted	No
Designation of Contact person	No
Turnover of Firm for last three years	Yes
Profitability for last three years	Yes
Reasons for variation <> 20%	-----
Estimation for coming financial year	No
Capital in the business	Yes
Details of sister concerns	No
Major Suppliers	No
Major Customers	No
Payments Terms	No
Export/ Imports Details (If applicable)	No
Market Information	-----
Litigations that the firm/ Promoters Involved in	-----
Banking details	Yes
Banking Facility Details	Yes
Conduct of the Banking Account	-----
Buyer visit details	-----
Financials, if provided	Yes
Incorporation details is applicable	Yes
Last Accounts filed at ROC	Yes
Major Shareholders, if available	Yes

NATURE OF OPERATIONS

Subject is in the business of Manufacturing Denim Cloth and Yarn. The Yarn Produced is Captively Consumed and also sold to outside parties. The Company derives its revenue mainly from the sale of Denim Cloth.

Bankers Charges Report as per Registry

Corporate identity number of the company	U67120MP1985PLC003145
Name of the company	BHASKAR INDUSTRIES LIMITED
Address of the registered office or of the principal place of business in India of the company	6,Dwarka Sadan , Press Complex, M.P. Nagar, Bhopal – 462011, Madhya Pradesh, India Email : csbpl2008@yahoo.co.in
This form is for	Modification of charge
Charge identification (ID) number of the charge to be modified	90204014
Type of charge	Book debts Movable property (not being pledge)
Particular of charge holder	State Bank of India, LHO Complex, Hoshangabad Road, Bhopal – 462011, Madhya Pradesh, India Email : sbi.01920@sbi.co.in
Nature of instrument creating charge	1. Joint deed of hypothecation dated 28th December, 2011
Date of instrument Creating the charge	28.12.2011
Amount secured by the charge	Rs.1380.000 Millions
Brief of the principal terms and conditions and extent and operation of the charge	Rate of Interest As per SBI sanctioned letter Terms of repayment Repayable on Demand Margin As per sanction letter Extent and operation of the charge i) WC - First pari-passu charge over the Company's entire current assets, ranking pari-passu with other working capital lenders ii) TL- First pari-passu charge over the entire fixed assets of the company ranking pari-passie with other term lenders Others The charge is in favour of the "State Bank of India Consortium" with State Bank of India (SBI) as the lead Bank and IDBI Bank Limited (IDBI), State Bank of Bikaner and Jaipur (SBBJ) and Central Bank of India (CBI) as the other consortium members
Short particulars of the property or asset(s) charged (including complete address and location of the property)	i) For WC -second pari-passu charge over entire fixed assets of the company ranking pari-passu with the other consortium banks ii) For TLs - Second pari-passu charge over entire current assets of the company ranking pari-passu with the other consortium banks
Date of instrument modifying the charge	03.03.2008
Particulars of the present modification	1. Enhancement in the overall working capital facilities of "SBI CONSORTIUM" from 779.000 Millions to Rs. 1380.000 Millions (Fund based -Rs. 1180.000 Millions + non fund based –Rs.200.000 Millions) 2. Second Pari Passu charge and Mortgage with charges created / to be created in favour of IDBI, SBI, SBBJ, and CBI on the entire immovable properties of the company

FIXED ASSETS:

· Land and Site Development

· Land (Free and Leasehold)

· Building

· Plant and Machinery

· Office Equipments

· Fans and Electrical Fittings

· Furniture and Fixture

· Vehicles

· Computer

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.56.53
UK Pound	1	Rs.88.09
Euro	1	Rs.70.83

INFORMATION DETAILS

Report Prepared by :

NIT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILIRY	1~10	6
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	6
--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		50

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.