MIRA INFORM REPORT

Report Date :

06.11.2012

IDENTIFICATION DETAILS

Name :	FUTURE MOBILE AND ACCESSORIES LIMITED
Registered Office :	Knowledge House, Shyam Nagar, Jogeshwari Vikhroli Link Road, Jogeshwari East, Mumbai-400060, Maharashtra.
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	23.06.2007
Com. Reg. No.:	11-171946
Capital Investment / Paid-up Capital :	Rs.100.000 millions
CIN No.: [Company Identification No.]	U51900MH2007PLC171946
TAN No.: [Tax Deduction & Collection Account No.]	MUMF05147C
PAN No.: [Permanent Account No.]	AABCF1101D
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	The Company is engaged in the Business of Retailing and Dealing mainly into Communication, Data, Voice Storage, Transfer Products and Electronic Communication Instruments.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

B (27)

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Maximum Credit Limit :	USD 97000
Status :	Moderate
Payment Behaviour :	Slow
Litigation :	Clear
Comments :	Subject is a subsidiary of Pantaloon Retail (India) Limited. It is an established company having moderate track. There appears some accumulated losses recorded by the company. However trade relations are reported as fair. Business is active. Payments are reported to be slow. The company can be considered for business dealings with some cautions.

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 – June 30, 2012

Country Name	Previous Rating (31.03.2012)	Current Rating (30.06.2012)
India	A1	A1

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

INDIAN ECONOMIC OVERVIEW

India is developing into an open-market economy, yet traces of its past autarkic policies remain. Economic liberalization, including industrial deregulation, privatization of state-owned enterprises, and reduced controls on foreign trade and investment, began in the early 1990s and has served to accelerate the country's growth, which has averaged more than 7% per year since 1997. India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. Slightly more than half of the work force is in agriculture, but services are the major source of economic growth, accounting for more than half of India's output, with only one-third of its labor force. India has capitalized on its large educated English-speaking population to become a major exporter of information technology services and software workers. In 2010, the Indian economy rebounded robustly from the global financial crisis - in large part because of strong domestic demand - and growth exceeded 8% year-on-year in real terms. However, India's economic growth in 2011 slowed because of persistently high inflation and interest rates and little progress on economic reforms. High international crude prices have exacerbated the government's fuel subsidy expenditures contributing to a higher fiscal deficit, and a worsening current account deficit. Little economic reform took place in 2011 largely due to corruption scandals that have slowed legislative work. India's medium-term growth outlook is positive due to a young population and corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. India has many long-term challenges that it has not yet fully addressed, including widespread poverty, inadequate physical and social infrastructure, limited non-agricultural employment opportunities, scarce access to quality basic and higher education, and accommodating rural-to-urban migration.

Source : CIA

RBI DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2012.

LOCATIONS

Registered Office :	Knowledge House, Shyam Nagar, Jogeshwari Vikhroli Link Road, Jogeshwari East, Mumbai-400060, Maharashtra, India.
Tel. No.:	Not Available
Mob. No.:	Not Available
E-Mail :	roc.info@pantaloon.com
Warehouse:	4th Level, Plot No. B2, Sector 32, Gurgaon-122001, Haryana, India

DIRECTORS

As on 30.09.2011

Name :

Mr. Sanjay Ramprasad Rathi

Designation :

Director

Address :

C-603, Kaveri-Mahima, Bangur Nagar, Goregaon (W), Mumbai-400090, Maharashtra, India.

Date of Birth/Age :

06.05.1965

Date of Appointment :

23.06.2007

DIN No.:

00022432

Other Directorship:

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	U51909WB1995PTC067435	NEELPATH TRADERS PVT LTD	Director	15/10/2004	15/10/2004	-	Amalgamated	NO
2	U74140PN2006PTC022176	MRM CORPORATE ADVISOR PRIVATE LIMITED	Director	15/09/2007	01/05/2006	-	Active	NO
3	L17120DN1994PLC000387	EMMBI POLYARNS LIMITED	Director	22/02/2007	22/02/2007	-	Active	NO
4	U92490MH2006PTC166327	FUTURE ENTERTAINMENT PRIVATE LIMITED	Director	08/05/2007	08/05/2007	-	Active	NO
5	U52399MH2007PLC171178	FUTURE E-COMMERCE INFRASTRUCTURE LIMITED	Director	25/05/2007	25/05/2007	24/12/2009	Active	NO
6	U52100MH2007PLC171524	FUTURE VALUE RETAIL LIMITED.	Director	11/06/2007	11/06/2007	06/01/2011	Active	NO
7	U51900MH2007PLC171946	FUTURE MOBILE AND ACCESSORIES LIMITED	Director	23/06/2007	23/06/2007	-	Active	NO
8	U74999MH2007PLC173727	MOBILE REPAIR SERVICE CITY INDIA LIMITED	Director	01/09/2007	01/09/2007	-	Active	NO
9	U51900MH2007PLC174027	FUTURE CONSUMER PRODUCTS LIMITED	Director	11/09/2007	11/09/2007	20/03/2008	Active	NO
10	U72900MH2007PLC174787	NUFUTURE DIGITAL (INDIA) LIMITED	Director	08/10/2007	08/10/2007	21/02/2012	Active	NO
11	U70102MH2007PLC175707	FUTURE IDEAS REALTORS INDIA LIMITED	Director	05/11/2007	05/11/2007	-	Active	NO
12	U52100MH2008PLC179919	FUTURE CONSUMER ENTERPRISES LIMITED	Director	10/03/2008	10/03/2008	06/10/2012	Active	NO
13	L45400MH2008PLC179914	FUTURE MARKET NETWORKS LIMITED	Director	10/03/2008	10/03/2008	24/09/2010	Active	NO
14	U45201MH2008PLC179913	AGRE PROPERTIES & SERVICES LIMITED	Director	10/03/2008	10/03/2008	17/10/2010	Active	NO
15	U51909MH2006PTC164092	EDMON TRADING PRIVATE LIMITED	Director	30/06/2008	10/03/2008	01/10/2009	Active	NO
16	U74999MH2008PLC181051	FUTURE LEARNING AND DEVELOPMENT LIMITED	Director	10/04/2008	10/04/2008	09/10/2009	Active	NO
17	U22300MH2008PLC181041	FUTURE OUTDOOR MEDIA SOLUTIONS LIMITED	Director	10/04/2008	10/04/2008	-	Active	NO
18	U74994MH2008PLC181891	CELIO FUTURE FASHION LIMITED	Director	05/05/2008	05/05/2008	16/12/2008	Active	NO
19	U80301MH2008PLC184089	FUTURE EDUCATION LIMITED	Director	27/06/2008	27/06/2008	21/10/2009	Active	NO
20	U51110MH2005PTC156855	CHASTE INVESTRADE PRIVATE LIMITED	Additional director	01/06/2009	01/06/2009	10/07/2009	Amalgamated	NO
21	U51109MH2009PLC195415	RURAL FAIRPRICE WHOLESALE LIMITED	Director	01/09/2009	01/09/2009	-	Active	NO
22	U01403MH2010PLC201760	FUTURE FRESHFOODS LIMITED	Director	06/04/2010	06/04/2010	-	Active	NO
23	U17291MH2007GOI195402	GOLDMOHUR DESIGN AND APPAREL PARK LIMITED	Director	18/09/2010	08/06/2010	-	Active	NO
24	U65900MH2006PLC159526	FUTURE IDEAS COMPANY LIMITED	Director	30/09/2010	15/06/2010	-	Active	NO
25	U51109MH2008PLC189032	FSC BRAND DISTRIBUTION SERVICES LIMITED	Director	30/09/2011	29/06/2011	-	Active	NO
26	U36939RJ2007PLC024527	WINNER SPORTS LIMITED	Director	29/09/2012	15/12/2011	-	Active	NO
27	U74999MH2010PLC203778	NUFUTURE HARIBHAKTI BUSINESS SERVICES LIMITED.	Director	21/02/2012	21/02/2012	03/08/2012	Active	NO
28	U70100MH2005PTC156869	BANSI MALL MANAGEMENT COMPANY PRIVATE LIMITED	Director	27/02/2012	27/02/2012	-	Active	NO
29	U51909MH1994PTC156437	MANZ RETAIL PRIVATE LIMITED (TRF.)	Director	27/02/2012	27/02/2012	-	Active	NO
30	U74997MH2012PTC231464	MAITHILI MULTILAYER PIPE INDUSTRIES PRIVATE LIMITED	Director	25/05/2012	25/05/2012	-	Active	NO
31	U52100MH2012PLC231654	FUTURE VALUE FASHION RETAIL LIMITED	Director	30/05/2012	30/05/2012	-	Active	NO

Name :

Mr. Mayur Toshniwal

Designation :

Director

Address :

518-A, Hamilton Court, DLF, Phase-IV, Gurgaon-122002, Haryana, India.

Date of Birth/Age :

22.02.1968

Date of Appointment :

22.12.2008

DIN No.:

01655776

Other Directorship:

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	U93090MH2006PTC165612	AIRPORT RETAIL PRIVATE LIMITED	Director	31/05/2007	31/05/2007	17/11/2008	Active	NO
2	U74999MH2007PLC173727	MOBILE REPAIR SERVICE CITY INDIA LIMITED	Director	01/09/2007	01/09/2007	-	Active	NO
3	U52110MH2006PLC159581	FUTURE AXIOM TELECOM LIMITED	Director	30/09/2008	05/12/2007	-	Active	NO
4	U70200MH2007PTC168068	SHUBHAM BUSINESS VENTURES PRIVATE LIMITED	Director	20/08/2008	31/01/2008	26/03/2012	Active	NO
5	U51909MH2005PLC157355	FOOT- MART RETAIL INDIA LIMITED	Director	29/09/2008	31/01/2008	-	Active	NO
6	U51900MH2007PLC171946	FUTURE MOBILE AND ACCESSORIES LIMITED	Director	22/12/2008	27/02/2008	-	Active	NO
7	U52100MH2008PTC180235	DOWNTOWN RETAIL PRIVATE LIMITED	Director	18/03/2008	18/03/2008	11/06/2012	Active	NO
8	U19200DL2010PLC206824	CLARKS FUTURE FOOTWEAR LIMITED	Director	09/08/2010	09/08/2010	29/09/2010	Active	NO
9	U93000DL2010PTC204767	ALLGREEN ECOTECHSOLUTIONS PRIVATE LIMITED	Director	05/12/2011	05/12/2011	-	Active	NO
10	U92490DL2011PTC229050	MOOZ ENTERTAINMENT PRIVATE LIMITED	Additional director	31/08/2012	31/08/2012	-	Active	NO

Name :

Mr. Dinesh Ramnarayan Maheshwari

Designation :

Director

Address :

C-6-302, Sector-8, Shanti Nagar, Mira Road, Thane-401107, Maharashtra, India.

Date of Birth/Age :

19.01.1969

Date of Appointment :

22.12.2008

DIN No.:

00088451

Other Directorship:

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	U99999MH2006PTC159513	FUTURE CAPITAL INVESTMENT PRIVATE LIMITED	Director	06/02/2006	06/02/2006	-	Active	NO
2	U72900MH2007PLC174787	NUFUTURE DIGITAL (INDIA) LIMITED	Director	20/10/2008	31/01/2008	27/03/2012	Active	NO
3	U51900MH2007PLC171946	FUTURE MOBILE AND ACCESSORIES LIMITED	Director	22/12/2008	31/01/2008	-	Active	NO
4	U70102MH2007PLC175707	FUTURE IDEAS REALTORS INDIA LIMITED	Director	24/11/2008	31/01/2008	-	Active	NO
5	U74900MH2007PLC167121	FUTURE HUMAN DEVELOPMENT LIMITED	Director	29/09/2008	31/01/2008	-	Active	NO
6	U18101MH1997PTC109676	STITCHWELL GARMENTS PRIVATE LIMITED	Director	30/09/2008	26/02/2008	20/09/2011	Active	NO
7	U65900MH2006PLC159526	FUTURE IDEAS COMPANY LIMITED	Director	30/09/2008	27/02/2008	15/06/2010	Active	NO
8	U51900MH2006PLC159197	FUTUREBAZAAR INDIA LIMITED	Director	30/09/2008	27/02/2008	-	Active	NO
9	U74995MH2005PLC151073	IDIOM DESIGN AND CONSULTING LIMITED	Director	29/09/2008	30/03/2008	31/01/2012	Active	NO
10	U74999MH2007PLC173727	MOBILE REPAIR SERVICE CITY INDIA LIMITED	Director	30/12/2008	30/03/2008	-	Active	NO
11	U36939RJ2007PLC024527	WINNER SPORTS LIMITED	Additional director	01/08/2008	01/08/2008	15/12/2011	Active	NO
12	U17100MH2004PTC143809	DHANSHREE FASHIONS PRIVATE LIMITED	Additional director	14/08/2008	14/08/2008	26/05/2010	Active	NO
13	U74990MH2008PTC181061	KSHITIJ RETAIL DESTINATION PRIVATE LIMITED	Director	30/09/2010	25/02/2010	01/09/2011	Active	NO
14	U70100MH2005PTC151439	ISKRUPA MALL MANAGEMENT COMPANY PRIVATE LIMITED	Director	30/09/2010	20/05/2010	-	Active	NO
15	U72100MH1999PLC120600	PRTL ENTERPRISES LIMITED	Director	30/09/2010	02/06/2010	-	Active	NO
16	U51100MH2005PLC156856	FUTURE CORPORATE RESOURCES LIMITED	Director	09/08/2011	08/08/2011	-	Active	NO

Name :

Mr. Chandra Prakash Toshniwal

Designation :

Director

Address :

A-603, Great Eastern Link, Ram Mandir Road, Goregaon (W), Mumbai-400104, Maharashtra, India.

Date of Birth/Age :

29.09.1966

Date of Appointment :

23.06.2007

DIN No.:

00036303

Other Directorship:

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	U72100MH1999PLC120600	PRTL ENTERPRISES LIMITED	Director	22/08/2000	22/08/2000	02/08/2008	Active	NO
2	U55101MH2005PLC151089	PAN INDIA RESTAURANTS LIMITED	Director	07/02/2005	07/02/2005	-	Amalgamated	NO
3	U74995MH2005PLC151073	IDIOM DESIGN AND CONSULTING LIMITED	Director	07/02/2005	07/02/2005	30/03/2008	Active	NO
4	U70100MH2005PTC153677	ANCHOR RESIDENCY PRIVATE LIMITED	Director	01/06/2005	01/06/2005	-	Active	NO
5	U70101MH2005PTC153688	NAMAN MALL MANAGEMENT COMPANY PRIVATE LIMITED	Director	02/06/2005	02/06/2005	01/09/2010	Active	NO
6	U45200GJ2005PTC046351	GULMOHAR PARK MALL PRIVATE LIMITED	Director	11/07/2005	11/07/2005	01/09/2010	Active	NO
7	U70100MH2005PTC155102	SRISHTI MALL MANAGEMENT COMPANY PRIVATE LIMITED	Director	03/08/2005	03/08/2005	27/02/2012	Active	NO
8	U70100MH2005PTC155104	UNIQUE MALLS PRIVATE LIMITED	Director	03/08/2005	03/08/2005	27/06/2012	Active	NO
9	U70100MH2005PTC155196	BLB MALL MANAGEMENT COMPANY PRIVATE LIMITED	Director	08/08/2005	08/08/2005	15/04/2009	Active	NO
10	U45200MH2005PTC156837	SUHANI MALL MANAGEMENT COMPANY PRIVATE LIMITED	Director	18/10/2005	18/10/2005	-	Active	NO
11	U45200MH2005PTC156839	AVRUTI MALL MANAGEMENT COMPANY PRIVATE LIMITED	Director	18/10/2005	18/10/2005	01/09/2010	Active	NO
12	U70100MH2005PTC156868	ANUSHTA MALL MANAGEMENT COMPANY PRIVATE LIMITED	Director	19/10/2005	19/10/2005	01/09/2010	Active	NO
13	U70100MH2005PTC156886	SHAGUN MALL MANAGEMENT COMPANY PRIVATE LIMITED	Director	20/10/2005	20/10/2005	14/06/2007	Active	NO
14	U70100MH2005PTC156869	BANSI MALL MANAGEMENT COMPANY PRIVATE LIMITED	Director	19/11/2005	19/11/2005	27/02/2012	Active	NO
15	U51909MH1994PTC156437	MANZ RETAIL PRIVATE LIMITED (TRF.)	Director	27/12/2005	27/12/2005	27/02/2012	Active	NO
16	U51900MH2006PLC159197	FUTUREBAZAAR INDIA LIMITED	Director	23/01/2006	23/01/2006	27/02/2008	Active	NO
17	U65900MH2006PLC159526	FUTURE IDEAS COMPANY LIMITED	Director	06/02/2006	06/02/2006	27/02/2008	Active	NO
18	U52110MH2006PLC159581	FUTURE AXIOM TELECOM LIMITED	Director	07/02/2006	07/02/2006	-	Active	NO
19	U15100MH2005PLC152599	FUTURE AGROVET LIMITED	Director	29/09/2006	10/02/2006	-	Active	NO
20	U52190MH2006PLC160377	GJ FREEDOM FASHIONS LIMITED	Director	08/03/2006	08/03/2006	30/01/2008	Active	NO
21	U74300MH2006PLC160375	FUTURE MEDIA (INDIA) LIMITED	Director	18/09/2008	08/03/2006	-	Active	NO
22	U63030MH2006PLC160376	FUTURE SUPPLY CHAIN SOLUTIONS LIMITED	Director	08/03/2006	08/03/2006	-	Active	NO
23	U52190MH2006PLC160415	MYRA MALL MANAGEMENT COMPANY LIMITED	Director	16/03/2006	16/03/2006	03/07/2007	Active	NO
24	U51909MH2005PTC151869	SPRINT ADVISORY SERVICES PRIVATE LIMITED	Director	31/08/2006	21/03/2006	-	Active	NO
25	U55209MH2006PTC161530	PAN INDIA FOOD SOLUTIONS PRIVATE LIMITED	Director	01/05/2006	01/05/2006	18/06/2009	Active	NO
26	U45200MH2005PTC157267	SHENDRA ADVISORY SERVICES PRIVATE LIMITED	Director	29/09/2006	19/05/2006	-	Active	NO
27	U18101MH2006PLC223534	LEE COOPER (INDIA) LIMITED	Director	29/08/2006	29/08/2006	30/12/2008	Active	NO
28	U45200GJ2006PTC048776	RATNABHUMI DEVELOPERS PRIVATE LIMITED	Director	25/09/2006	25/09/2006	24/04/2009	Active	NO
29	U70109WB1998PTC087521	SUN CITY PROPERTIES PRIVATE LIMITED	Director	03/10/2006	03/10/2006	-	Active	NO
30	U66030MH2006PLC165287	FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED	Director	30/10/2006	30/10/2006	16/03/2007	Active	NO
31	U66010MH2006PLC165288	FUTURE GENERALI INDIA LIFE INSURANCE COMPANY LIMITED	Director	30/10/2006	30/10/2006	16/03/2007	Active	NO
32	U93090MH2006PTC165612	AIRPORT RETAIL PRIVATE LIMITED	Director	17/11/2006	17/11/2006	17/11/2008	Active	NO
33	U74999MH2006PLC165722	FUTURE BRANDS LIMITED	Director	22/11/2006	22/11/2006	-	Active	NO
34	U74999MH2007PTC166866	STAPLES FUTURE OFFICE PRODUCTS PRIVATE LIMITED	Director	09/01/2007	09/01/2007	05/11/2008	Active	NO
35	U74999MH2007PLC167122	FUTURE KNOWLEDGE SERVICES LIMITED	Director	18/01/2007	18/01/2007	-	Active	NO
36	U51909MH2006PTC164092	EDMON TRADING PRIVATE LIMITED	Director	23/01/2007	23/01/2007	01/10/2009	Active	NO
37	U52399MH2007PLC171178	FUTURE E-COMMERCE INFRASTRUCTURE LIMITED	Director	25/05/2007	25/05/2007	-	Active	NO
38	U52100MH2007PLC171524	FUTURE VALUE RETAIL LIMITED.	Director	11/06/2007	11/06/2007	-	Active	NO
39	U51900MH2007PLC171946	FUTURE MOBILE AND ACCESSORIES LIMITED	Director	23/06/2007	23/06/2007	27/02/2008	Active	NO
40	U70102MH2006PTC161886	SHREYA MALL MANAGEMENT PRIVATE LIMITED	Director	31/10/2007	05/07/2007	-	Active	NO
41	U74999MH2007PLC173727	MOBILE REPAIR SERVICE CITY INDIA LIMITED	Director	01/09/2007	01/09/2007	30/03/2008	Active	NO
42	U51900MH2007PLC174027	FUTURE CONSUMER PRODUCTS LIMITED	Director	11/09/2007	11/09/2007	-	Active	NO
43	U17291MH2007GOI195397	APOLLO DESIGN APPAREL PARKS LIMITED	Director	22/12/2008	22/12/2007	-	Active	NO
44	U51909MH2006PTC164209	CENTRAL DEPARTMENTAL STORES PRIVATE LIMITED	Director	31/01/2008	31/01/2008	-	Active	NO
45	U52100MH2008PLC179919	FUTURE CONSUMER ENTERPRISES LIMITED	Director	10/03/2008	10/03/2008	09/01/2009	Active	NO
46	L45400MH2008PLC179914	FUTURE MARKET NETWORKS LIMITED	Director	10/03/2008	10/03/2008	09/01/2009	Active	NO
47	U45201MH2008PLC179913	AGRE PROPERTIES & SERVICES LIMITED	Director	10/03/2008	10/03/2008	09/01/2009	Active	NO
48	U74999MH2008PLC181051	FUTURE LEARNING AND DEVELOPMENT LIMITED	Director	10/04/2008	10/04/2008	-	Active	NO
49	U22300MH2008PLC181041	FUTURE OUTDOOR MEDIA SOLUTIONS LIMITED	Director	10/04/2008	10/04/2008	-	Active	NO
50	U93000MH2008PTC179580	HARSH TRADING & INVESTMENT CONSULTANTS PRIVATE LIMITED	Director	11/04/2008	11/04/2008	04/08/2011	Active	NO
51	U55100MH2000PTC128686	BLUE FOODS PRIVATE LIMITED	Additional director	21/04/2008	21/04/2008	22/04/2008	Active	NO
52	U51109WB2006PTC109359	KAMASKHYA TRACOM PVT LTD	Nominee director	07/07/2008	07/07/2008	16/09/2010	Active	NO
53	U51100MH2005PLC156856	FUTURE CORPORATE RESOURCES LIMITED	Director	09/08/2011	08/08/2011	-	Active	NO
54	U45400WB2012PTC173445	CIRCULAR DEVELOPERS PRIVATE LIMITED	Director	24/02/2012	24/02/2012	09/03/2012	Active	NO
55	U74999MH2010PLC203778	NUFUTURE HARIBHAKTI BUSINESS SERVICES LIMITED.	Additional director	03/08/2012	03/08/2012	-	Active	NO
56	AAA-4360	SSA ADVISORS LLP	Designated Partner	04/04/2011	04/04/2011	-	Active	NO

Name :

Mr. Ravindra Gupta

Designation :

Director

Address :

C/1/2, Sunder Nagar, S.V. Road, Malad (W), Mumbai-400064, Maharashtra, India.

Date of Birth/Age :

27.12.1975

Date of Appointment :

25.06.2007

DIN No.:

00119655

Other Directorship:

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	U36911MH2005PTC157041	ALPHA AIRPORT RETAIL HOLDINGS PRIVATE LIMITED	Director	20/10/2005	20/10/2005	28/03/2009	Active	YES
2	U45200MH2005PTC157267	SHENDRA ADVISORY SERVICES PRIVATE LIMITED	Director	29/09/2006	19/05/2006	07/01/2008	Active	NO
3	U70102MH2006PTC161885	HARMONY MALLS MANAGEMENT PRIVATE LIMITED	Director	19/05/2006	19/05/2006	31/01/2008	Active	NO
4	U70102MH2006PTC161884	RIDDHI SIDDHI MALL MANAGEMENT PRIVATE LIMITED	Director	19/05/2006	19/05/2006	31/01/2008	Active	NO
5	U70102MH2006PTC161883	ISHBHOOMI MALL MANAGEMENT PRIVATE LIMITED	Director	19/05/2006	19/05/2006	31/01/2008	Active	NO
6	L17120DN1994PLC000387	EMMBI POLYARNS LIMITED	Director	01/08/2006	01/08/2006	30/09/2006	Active	NO
7	U51909MH2006PTC164209	CENTRAL DEPARTMENTAL STORES PRIVATE LIMITED	Director	31/08/2006	31/08/2006	31/01/2008	Active	NO
8	U66030MH2006PLC165287	FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED	Director	30/10/2006	30/10/2006	16/03/2007	Active	NO
9	U66010MH2006PLC165288	FUTURE GENERALI INDIA LIFE INSURANCE COMPANY LIMITED	Director	30/10/2006	30/10/2006	16/03/2007	Active	NO
10	U55101MH2005PLC151089	PAN INDIA RESTAURANTS LIMITED	Director	18/12/2006	18/12/2006	-	Amalgamated	NO
11	U74900MH2007PLC167121	FUTURE HUMAN DEVELOPMENT LIMITED	Director	18/01/2007	18/01/2007	31/01/2008	Active	NO
12	U74999MH2007PLC167122	FUTURE KNOWLEDGE SERVICES LIMITED	Director	18/01/2007	18/01/2007	31/01/2008	Active	NO
13	U70102MH2007PTC167996	KESARI REALTY PRIVATE LIMITED	Director	20/02/2007	20/02/2007	31/01/2008	Active	NO
14	U74999MH2007PTC167999	AMAN SYNTEX PRIVATE LIMITED	Director	20/02/2007	20/02/2007	31/01/2008	Active	NO
15	U45200MH2007PTC168000	KUBER MALL MANAGEMENT PRIVATE LIMITED	Director	20/02/2007	20/02/2007	31/01/2008	Active	NO
16	U70200MH2007PTC168047	MAHABAL REALTY PRIVATE LIMITED	Director	22/02/2007	22/02/2007	31/01/2008	Active	NO
17	U93090MH2007PTC168048	HOLII ACCESSORIES PRIVATE LIMITED	Director	22/02/2007	22/02/2007	31/01/2008	Active	NO
18	U45200MH2007PTC168052	VAYUPUTRA REALTY PRIVATE LIMITED	Director	22/02/2007	22/02/2007	31/01/2008	Active	NO
19	U51909MH2007PTC168066	MAYS COMMERCIAL PRIVATE LIMITED	Director	23/02/2007	23/02/2007	14/11/2007	Active	NO
20	U70200MH2007PTC168068	SHUBHAM BUSINESS VENTURES PRIVATE LIMITED	Director	23/02/2007	23/02/2007	31/01/2008	Active	NO
21	U45200MH2007PTC168069	FESTIVE REALTY PRIVATE LIMITED	Director	23/02/2007	23/02/2007	31/01/2008	Active	NO
22	U70200MH2007PTC170246	VISHNU MALL MANAGEMENT PRIVATE LIMITED	Director	24/04/2007	24/04/2007	31/01/2008	Active	NO
23	U51909MH2005PLC174301	FASHION GLOBAL RETAIL LIMITED	Director	08/05/2007	08/05/2007	29/09/2007	Active	NO
24	U52399MH2007PLC171178	FUTURE E-COMMERCE INFRASTRUCTURE LIMITED	Director	25/05/2007	25/05/2007	24/10/2007	Active	NO
25	U51900MH2007PLC171946	FUTURE MOBILE AND ACCESSORIES LIMITED	Director	25/06/2007	25/06/2007	31/01/2008	Active	NO
26	U51900MH2007PLC174027	FUTURE CONSUMER PRODUCTS LIMITED	Director	11/09/2007	11/09/2007	31/01/2008	Active	NO
27	U72900MH2007PLC174787	NUFUTURE DIGITAL (INDIA) LIMITED	Director	08/10/2007	08/10/2007	31/01/2008	Active	NO
28	U74995MH2005PLC151073	IDIOM DESIGN AND CONSULTING LIMITED	Director appointed in casual vacancy	15/10/2007	15/10/2007	31/01/2008	Active	NO
29	U70102MH2007PLC175707	FUTURE IDEAS REALTORS INDIA LIMITED	Director	05/11/2007	05/11/2007	31/01/2008	Active	NO
30	U45202MH2008PTC180355	MILESTONE DEVCON PRIVATE LIMITED	Director	24/03/2008	24/03/2008	-	Active	NO
31	U45202MH2008PTC180392	MILESTONE MEGA CITY PRIVATE LIMITED	Director	24/03/2008	24/03/2008	-	Active	NO
32	U45200MH2008PTC180354	MILESTONE CITY COMPLEX PRIVATE LIMITED	Director	24/03/2008	24/03/2008	03/06/2008	Active	NO
33	U70200MH2008PTC180945	MTREND HOMEPARK PRIVATE LIMITED	Director	08/04/2008	08/04/2008	-	Active	NO
34	U45200MH2008PTC182606	MILESTONE DEVPROJECTS PRIVATE LIMITED	Director	23/05/2008	23/05/2008	-	Active	NO
35	U45201MH2008PTC182607	MILESTONE SAFESHELTER PRIVATE LIMITED	Director	23/05/2008	23/05/2008	-	Active	NO
36	U93000MH2008PTC183274	MULTISTAR ADVISORS PRIVATE LIMITED	Director	06/06/2008	06/06/2008	25/03/2011	Active	NO
37	U67190MH2007PTC174656	MILESTONE PORTFOLIO MANAGEMENT SERVICES PRIVATE LIMITED	Director appointed in casual vacancy	30/06/2008	30/06/2008	-	Active	NO
38	U67190MH2008PTC180649	MILESTONE INVESTMENT ADVISORY SERVICES PRIVATE LIMITED	Director appointed in casual vacancy	30/06/2008	30/06/2008	10/02/2012	Active	NO
39	U74900MH2008PTC182240	Ecofirst Services Private Limited	Director appointed in casual vacancy	30/06/2008	30/06/2008	08/10/2008	Active	NO
40	U93000MH2008PTC182660	MILESTONE TRUSTEESHIP SERVICES PRIVATE LIMITED	Director appointed in casual vacancy	30/06/2008	30/06/2008	12/05/2011	Active	NO
41	U45400MH2007PTC172737	HARIHAR BUILDSPACE PRIVATE LIMITED	Director	30/09/2008	18/07/2008	-	Active	NO
42	U45202MH2008PTC184966	MTITANIUM APARTMENTS PRIVATE LIMITED	Director	23/07/2008	23/07/2008	20/09/2010	Active	NO
43	U45200MH2008PTC184976	MILESTONE PLOTDEVELOPERS PRIVATE LIMITED	Director	23/07/2008	23/07/2008	-	Active	NO
44	U45200MH2008PTC184996	MPRIME PREMISES PRIVATE LIMITED	Director	23/07/2008	23/07/2008	-	Active	NO
45	U45202MH2008PTC184968	MAVON STRUCTURE PRIVATE LIMITED	Director	23/07/2008	23/07/2008	-	Active	NO
46	U45200MH2008PTC185103	MTITANIUM ACCOMMODATION PRIVATE LIMITED	Director	25/07/2008	25/07/2008	20/08/2010	Active	NO
47	U74999MH2008PTC186632	MMASTER ERECTORS PRIVATE LIMITED	Director	10/09/2008	10/09/2008	-	Active	NO
48	U74999MH2008PTC186730	MILESTONE CHAMBERS PRIVATE LIMITED	Director	12/09/2008	12/09/2008	-	Active	NO
49	U45201GJ2004PLC044984	ARYAN ARCADE LIMITED	Director	30/09/2008	30/09/2008	13/01/2009	Active	NO
50	U70102MH2008PTC189152	BIRLA CONCEPT MANAGEMENT PRIVATE LIMITED	Director	26/12/2008	26/12/2008	16/01/2009	Active	NO
51	U29119MH1996PLC216808	MILESTONE FINVEST LIMITED	Director	30/09/2009	19/01/2009	-	Active	NO
52	U72200MH2007PTC171455	INDUSION CONSULTANCY PRIVATE LIMITED	Director	30/09/2009	20/02/2009	15/09/2011	Active	NO
53	U45200MH2007PTC172540	MAVON BUILDWELL PRIVATE LIMITED	Director	30/09/2009	20/02/2009	-	Active	NO
54	U45201MH2007PTC172572	MILESTONE UNIQUE BUILDCON PRIVATE LIMITED	Director	30/09/2009	20/02/2009	-	Active	NO
55	U93090MH2009PTC191515	MILESTONE RELIGARE INVESTMENT ADVISORS PRIVATE LIMITED	Director	06/04/2009	06/04/2009	09/04/2009	Active	NO
56	U93000MH2009PTC191700	CAPSTONE CAPITAL SERVICES PRIVATE LIMITED	Additional director	25/03/2011	15/04/2009	-	Active	NO
57	U93090MH2009PTC193971	MILESTONE STRATEGY CONSULTANTS PRIVATE LIMITED	Director	10/07/2009	10/07/2009	15/09/2011	Active	NO
58	U70102MH2009PTC194013	ILMS PROJECTS PRIVATE LIMITED	Director	13/07/2009	13/07/2009	-	Active	NO
59	U70102MH2009PTC194014	ILMS HOMEPARK PRIVATE LIMITED	Director	13/07/2009	13/07/2009	-	Active	NO
60	U70102MH2009PTC194015	ILMS LOGISTICS PRIVATE LIMITED	Director	13/07/2009	13/07/2009	24/03/2010	Active	NO
61	U70102MH2009PTC194021	ILMS WAREHOUSE PRIVATE LIMITED	Director	13/07/2009	13/07/2009	-	Active	NO
62	U70102MH2009PTC194519	ILMS DEVELOPERS PRIVATE LIMITED	Director	31/07/2009	31/07/2009	-	Active	NO
63	U70102MH2009PTC194520	ILMS REALTORS PRIVATE LIMITED	Director	31/07/2009	31/07/2009	-	Active	NO
64	U70109MH2009PTC194518	ILMS BUILDERS PRIVATE LIMITED	Director	31/07/2009	31/07/2009	-	Active	NO
65	U51398MH2010PLC200437	SMART BULLION OPPORTUNITIES LIMITED	Director	25/02/2010	25/02/2010	29/09/2010	Active	NO
66	U70102MH2010PTC201944	ILMS STRUCTURES PRIVATE LIMITED	Director	12/04/2010	12/04/2010	-	Active	NO
67	U70102MH2010PTC201943	ILMS CONSTRUCTIONS PRIVATE LIMITED	Director	12/04/2010	12/04/2010	15/09/2011	Active	NO
68	U93000MH2010PTC201980	MILESTONE PLANNERS PRIVATE LIMITED	Director	13/04/2010	13/04/2010	-	Active	NO
69	U93090MH2010PTC202141	MILESTONE CAPFIN SOLUTION PRIVATE LIMITED	Director	17/04/2010	17/04/2010	-	Active	NO
70	U70102MH2010PTC202142	ILMS SHELTERS PRIVATE LIMITED	Director	17/04/2010	17/04/2010	-	Active	NO
71	U70102MH2010PTC202160	LONAVALA PREMISES PRIVATE LIMITED	Director	17/04/2010	17/04/2010	15/09/2011	Active	NO
72	U70102MH2010PTC202145	ILMS ERECTOR PRIVATE LIMITED	Director	17/04/2010	17/04/2010	15/09/2011	Active	NO
73	U93000MH2010PTC202259	MILESTONE MONEY ADVISORS PRIVATE LIMITED	Director	21/04/2010	21/04/2010	-	Active	NO
74	U70109MH2010PTC202249	ILMS PROPERTY PRIVATE LIMITED	Director	21/04/2010	21/04/2010	-	Active	NO
75	U70100MH2010PTC202342	ILMS MEGA CITY PRIVATE LIMITED	Director	23/04/2010	23/04/2010	-	Active	NO
76	U51398MH2010PTC204111	ROYAL BULLION TRADE PRIVATE LIMITED	Director	12/06/2010	12/06/2010	-	Active	NO
77	U51398MH2010PTC204515	FAMOUS BULLION HOUSE PRIVATE LIMITED	Director	19/06/2010	19/06/2010	-	Active	NO
78	U65923MH2010PTC208754	MILESTONE HOME FINANCE COMPANY PRIVATE LIMITED	Director	07/10/2010	07/10/2010	17/05/2011	Active	NO
79	U24230MH2004PTC148268	MAITRI BIO-CHEM PRIVATE LIMITED	Director	07/01/2011	07/01/2011	-	Active	YES
80	U45202MH2008PTC179095	SHRUTHI INFRAPROJECTS PRIVATE LIMITED	Director	07/01/2011	07/01/2011	-	Active	NO
81	U51109MH2008PTC179757	GOPAL MERCANDISE PRIVATE LIMITED	Director	07/01/2011	07/01/2011	-	Active	NO
82	U70102MH2011PTC218039	FRONTLINE PREMISES PRIVATE LIMITED	Director	30/05/2011	30/05/2011	-	Active	NO
83	U70102MH2011PTC218047	ILMS SUPER COMPLEX PRIVATE LIMITED	Director	30/05/2011	30/05/2011	-	Active	NO
84	U40107MH2011PTC220141	BRIGHT ENERGY PRIVATE LIMITED	Director	25/07/2011	25/07/2011	05/03/2012	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2011

Names of Shareholders	No. of Shares
Nihar Realty Private Limited	9999994
Nihar Realty Private Limited Jointly with Uma Bajaj	1
Nihar Realty Private Limited Jointly with Nishi Bajaj	1
Nihar Realty Private Limited Jointly with Prashant Bajaj	1
Nihar Realty Private Limited Jointly with Aditya Bajaj	1
Nihar Realty Private Limited Jointly with Divya Mall Management Company Private Limited	1
Nihar Realty Private Limited Jointly with Right IT Solutions Company Private Limited	1
Total	10000000

Equity Share Break up (Percentage of Total Equity)

As on 30.09.2011

Category	Percentage
Bodies corporate	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

The Company is engaged in the Business of Retailing and Dealing mainly into Communication, Data, Voice Storage, Transfer Products and Electronic Communication Instruments.

GENERAL INFORMATION

No. of Employees :	Not Available
Bankers :	Not Available

Banking Relations :	--
Auditors :
Name :	Lunwat and Company Chartered Accountants
Address :	A-2/132 Prateek Apartments, Paschim Vihar-110063
PAN No.:	AAAFL1539M
Holding Company:	Pantaloon Retail ( India ) Limited (CIN No.: L52399MH1987PLC044954)
Fellow Subsidiaries:	· Futurebazaar India Limited. · Future Knowledge Services Limited (CIN No.: U74999MH2007PLC167122) · Future Media ( India ) Limited · Future Value Retail Limited (CIN No.: U52100MH2007PLC171524) · Future Agrovet Limited · Future Consumer Enterprises Limited (till 31st May 2010) · Future Supply Chain Solutions Limited. · FLSL Distribution Services Limited · Future E-Commerce Infrastructure Limited (CIN No.: U52399MH2007PLC171178) · Future Learning and Development Limited · Home Solutions Retail ( India ) Limited · Winner Sports Limited · Splendor Fitness Private Limited (Formerly Known as Talwalkars Pantaloon Fitness Private Limited) (w.e.f. 30 March 2011) · Future Capital Holdings Limited · Future Capital Financial Services Limited. · Future Finance Limited · Kshitij Investment Advisory Company Limited · Myra Mall Management Company Limited · FCH Securities and Advisors Limited (Formerly Known as Ambit Investment Advisory Company Limited) · Future Capital Commodities Limited (formerly known as Axon Development Solutions Limited) · Kshitij Property Solutions Private Limited · Future Hospitality Management Limited · Future Capital Investment Advisors Limited (formerly known as Indivision Investment Advisors Limited) · Future Capital Home Finance Private Limited · Anchor Investment and Trading Private Limited · CIG Infrastructure Private Limited (till August 2, 2010) · Galaxy Entertainment Corporation Limited · Clarks Future Footwear Limited (till 26 December 2010)

CAPITAL STRUCTURE

As on 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
10000000	Equity Shares	Rs.10/- each	Rs.100.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10000000	Equity Shares	Rs.10/- each	Rs.100.000 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		100.000	55.500	55.500
2] Share Application Money		0.000	44.500	0.000
3] Reserves & Surplus		0.000	0.000	0.000
4] (Accumulated Losses)		(75.608)	(74.395)	(43.693)
NETWORTH		24.392	25.605	11.807
LOAN FUNDS
1] Secured Loans		0.000	0.000	0.000
2] Unsecured Loans		0.000	0.000	0.000
TOTAL BORROWING		0.000	0.000	0.000
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		24.392	25.605	11.807
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		1.029	2.796	2.989
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		0.124	0.124	0.049
DEFERRED TAX ASSETS		0.000	0.000	28.748
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	126.107	131.391	102.716
	Sundry Debtors	3.745	4.881	0.865
	Cash & Bank Balances	25.024	28.196	29.508
	Other Current Assets	0.034	0.018	0.013
	Loans & Advances	100.010	66.873	61.911
Total Current Assets		254.920	231.359	195.013
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	224.642	203.730	201.061
	Other Current Liabilities	3.001	2.691	12.543
	Provisions	4.038	2.253	1.388
Total Current Liabilities		231.681	208.674	214.992
Net Current Assets		23.239	22.685	(19.979)
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		24.392	25.605	11.807

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income	2154.928	2342.316	430.818
		Other Income	1.157	5.948	0.243
		TOTAL (A)	2156.085	2348.264	431.061
Less	EXPENSES
		Consumption materials changes inventories	1910.569	2133.894	485.749
		Manufacturing service costs	7.155	11.879
		Employee related expenses	111.560	102.056
		Administrative selling other expenses	119.834	92.809
		TOTAL (B)	2149.118	2340.638	485.749
	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		6.967	7.626	(54.688)
Less	FINANCIAL EXPENSES (D)		7.996	9.386	4.726
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		(1.029)	(1.760)	(59.414)
Less/ Add	DEPRECIATION/ AMORTISATION (F)		0.184	0.194	0.073
	PROFIT BEFORE TAX (E-F) (G)		(1.213)	(1.954)	(59.488)
Less	TAX (H)		0.000	28.748	(28.195)
	PROFIT AFTER TAX (G-H) (I)		(1.213)	(30.702)	(31.293)
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		(74.395)	(43.693)	(12.400)
	BALANCE CARRIED TO THE B/S		(75.608)	(74.395)	(43.693)
	Earnings Per Share (Rs.)		(0.23)	(5.53)	(6.69)

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	(0.06)	(1.31)	(7.26)
Net Profit Margin (PBT/Sales)	(%)	(0.06)	(0.08)	(13.81)
Return on Total Assets (PBT/Total Assets}	(%)	(0.47)	(0.83)	(30.04)
Return on Investment (ROI) (PBT/Networth)		(0.05)	(0.08)	(5.04)
Debt Equity Ratio (Total Liability/Networth)		9.50	8.15	18.21
Current Ratio (Current Asset/Current Liability)		1.10	1.11	0.91

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check List by Info Agents	Available in Report (Yes / No)
1]	Year of Establishment	Yes
2]	Locality of the firm	Yes
3]	Constitutions of the firm	Yes
4]	Premises details	No
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	Yes
8]	No. of employees	No
9]	Name of person contacted	No
10]	Designation of contact person	No
11]	Turnover of firm for last three years	Yes
12]	Profitability for last three years	Yes
13]	Reasons for variation <> 20%	------
14]	Estimation for coming financial year	No
15]	Capital in the business	Yes
16]	Details of sister concerns	Yes
17]	Major suppliers	No
18]	Major customers	No
19]	Payments terms	No
20]	Export / Import details (if applicable)	No
21]	Market information	------
22]	Litigations that the firm / promoter involved in	------
23]	Banking Details	No
24]	Banking facility details	No
25]	Conduct of the banking account	------
26]	Buyer visit details	------
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	Yes
30]	Major Shareholders, if available	Yes
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	No
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

BUSINESS REVIEW

During the year, the Company recorded total revenues of Rs.2156.100 Millions as against Rs.2348.300 Millions during the previous year. However, due to higher costs of operations, the Company incurred a net loss of Rs.1.200 Millions as against Rs. 30.700 Millions during the previous year.

CONTINGENT LIABILITIES NOT PROVIDED FOR:

Outstanding guarantees given by the banks on behalf of the Company aggregate Rs.0.100 Millions (Previous year Rs.0.100 Millions).

FIXED ASSETS:

¨ Furniture and Fixtures

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 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.54.08
UK Pound	1	Rs.86.69
Euro	1	Rs.69.37

INFORMATION DETAILS

Report Prepared by :

MRI

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILIRY	1~10	-
--LIQUIDITY	1~10	4
--LEVERAGE	1~10	4
--RESERVES	1~10	-
--CREDIT LINES	1~10	4
--MARGINS	-5~5	-
DEMERIT POINTS
--BANK CHARGES	YES/NO	NO
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		27

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.