MIRA
INFORM REPORT
|
Report Date : |
06.11.2012 |
IDENTIFICATION DETAILS
|
Name : |
QUICK HEAL TECHNOLOGIES PRIVATE LIMITED (w.e.f. 07.08.2007) |
|
|
|
|
Formerly Known
As : |
CAT COMPUTER SERVICES PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
603, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
17.08.1995 |
|
|
|
|
Com. Reg. No.: |
11-091408 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.76.221
Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U72200MH1995PTC091408 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCC4207H |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
The Company is engaged in the business of providing Internet Security
solutions. |
|
|
|
|
No. of Employees
: |
50 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (52) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 5700000 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having fine track. Latest financial
i.e. 2011-12 are missing from the government department. However, from the available
financials the company seems to be performing well. Financial position of the
company is good. Trade relations are reported as fair. Business is active.
Payments are reported to be regular and as per company. 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.
INDIAN ECONOMIC OVERVIEW
|
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.
INFORMATION DECLINED
MANAGEMENT NON-COOPERATIVE.
LOCATIONS
|
Registered/ Head Office : |
603, Mayfair Towers II, Wakdewadi Shivajinagar, Pune – 411005, |
|
Tel. No.: |
91-20-41060400/ 66025985 |
|
Fax No.: |
91-20-41060401 |
|
E-Mail : |
|
|
Website : |
http://www.quickheal.com |
|
|
|
|
Research and Development Centre : |
501, The Metropolitan, Wakdewadi, Shivajinagar, Pune – 411005, Maharashtra,
India |
|
|
|
|
Branch Office : |
Located at · Ahmedabad ·
·
·
·
· Chennai ·
·
·
·
·
·
·
· Mumbai ·
· Nashik ·
· Panchkula · Parwanoo · Pune ·
·
·
|
DIRECTORS
(AS ON 27.07.2012)
|
Name : |
Mr. Kailash Sahebrao Katkar |
|
Designation : |
Managing Director |
|
Address : |
B-101, Omkar, Puru HSG Society, Airport Road, Pune – 411032,
Maharashtra, India |
|
Date of Birth/Age : |
01.11.1966 |
|
Date of Appointment : |
17.08.1995 |
|
DIN No.: |
00397191 |
|
|
|
|
Name : |
Mr. Sanjay Sahebrao Katkar |
|
Designation : |
Managing Director |
|
Address : |
SA 11, Siddeshwar Nagar, |
|
Date of Birth/Age : |
29.11.1970 |
|
Qualification : |
Master of Computer Science |
|
Date of Appointment : |
17.08.1995 |
|
DIN No.: |
00397277 |
|
|
|
|
Name : |
Mr. Sumir Chadha |
|
Designation : |
Director |
|
Address : |
1512, Floribunda, Avenue Apartment, 301, |
|
Date of Birth/Age : |
23.04.1971 |
|
Date of Appointment : |
08.09.2010 |
|
DIN No.: |
00040789 |
|
|
|
|
Name : |
Mr. Mehul Mulchand Savla |
|
Designation : |
Director |
|
Address : |
1002, Salvation Apartments, Kale Marg, Dadar (West), Mumbai – 400028, |
|
Date of Birth/Age : |
04.04.1974 |
|
Qualification : |
MBA from University of Mumbai |
|
Date of Appointment : |
13.06.2011 |
|
DIN No.: |
02137699 |
|
|
|
|
Name : |
Mr. Abhijit Shantaram Jorvekar |
|
Designation : |
Additional Director |
|
Address : |
18/275, Lokmanya Nagar, Sadashiv Peth, Pune – 411030, Maharashtra,
India |
|
Date of Birth/Age : |
17.11.1973 |
|
Date of Appointment : |
22.03.2012 |
|
DIN No.: |
05199551 |
KEY EXECUTIVES
|
Name : |
Mrs. Deepti Shirish Dole |
|
Designation : |
Secretary |
|
Address : |
1098/19, Laxmi Narayan Apartment, Model Colony, Pune – 411016, |
|
Date of Birth/Age : |
16.07.1985 |
|
Date of Appointment : |
12.08.2010 |
|
PAN NO.: |
AOQPD2811L |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
(AS ON 27.07.2012)
|
Names of Shareholders |
|
No. of Shares |
|
|
|
|
|
Kailash Katkar Jointly with Anupama Katkar |
|
2793923 |
|
Sanjay Katkar and Chhaya Katkar |
|
2793923 |
|
Anupama Katkar Jointly with Kailash Katkar |
|
625497 |
|
Chhaya Katkar Jointly with Sanjay Katkar |
|
625497 |
|
Ripplewave Equity Private Limited, India |
|
13000 |
|
Sequoia Capital |
|
469123 |
|
Sequoia Capital |
|
312748 |
|
|
|
|
|
Total |
|
7633711 |
(AS ON 27.07.2012)
Equity Shares Break – up
|
Category |
|
Percentage |
|
|
|
|
|
Venture Capital |
|
6.14 |
|
Foreign holdings( Foreign institutional
investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident
Indian(s) or Overseas Corporate bodies or Others |
|
4.10 |
|
Bodies Corporate (Not mentioned above) |
|
0.17 |
|
Directors or relatives of Directors |
|
89.59 |
|
|
|
|
|
Total
|
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
The Company is engaged in the business of providing Internet Security
solutions. |
GENERAL INFORMATION
|
No. of Employees : |
50 (Approximately) |
||||||||||||||||||
|
|
|
||||||||||||||||||
|
Bankers : |
· CITI Bank NA, Kumar Capital, 2413, East Street Pune, Pune - 411001,
Maharashtra, India |
||||||||||||||||||
|
|
|
||||||||||||||||||
|
Facilities : |
|
||||||||||||||||||
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
S. V. Ghatalia and Associates Chartered Accountants |
|
Address : |
C-401, 4th Floor, |
|
Tel No. : |
91-20-66016000 |
|
Fax No. : |
91-20-66015090 |
|
PAN No.: |
AACFS6921Q |
|
|
|
|
Subsidiary
Company : |
· Cat Labs Private Limited (up to March 31, 2010) |
CAPITAL STRUCTURE
(AS ON 27.07.2012)
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
20050000 |
Equity Shares |
Rs.10/- each |
Rs.200.500 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
7633711 |
Equity Shares |
Rs.10/- each |
Rs.76.337 Millions |
|
|
|
|
|
(AS ON 31.03.2011)
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
20050000 |
Equity Shares |
Rs.10/- each |
Rs.200.500 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
7622123 |
Equity Shares |
Rs.10/- each |
Rs.76.221
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 |
76.221 |
71.400 |
71.400 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
1357.420 |
595.500 |
277.065 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
1433.641 |
666.900 |
348.465 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
0.000 |
50.016 |
45.176 |
|
|
2] Unsecured Loans |
0.000 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
0.000 |
50.016 |
45.176 |
|
|
DEFERRED TAX LIABILITIES |
1.066 |
0.000 |
0.812 |
|
|
Other Liabilities |
1.167 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
1435.874 |
716.916 |
394.453 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
147.404 |
125.287 |
52.833 |
|
|
Capital work-in-progress |
221.106 |
176.927 |
86.116 |
|
|
|
|
|
|
|
|
INVESTMENT |
487.038 |
78.349 |
40.511 |
|
|
DEFERREX TAX ASSETS |
0.000 |
11.834 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
0.000
|
0.000 |
10.618 |
|
|
Sundry Debtors |
476.998
|
296.811 |
172.690 |
|
|
Cash & Bank Balances |
134.974
|
58.296 |
50.459 |
|
|
Other Current Assets |
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances |
140.411
|
66.243 |
18.665 |
|
Total
Current Assets |
752.383
|
421.350 |
252.432 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditor |
150.971
|
17.781 |
26.948 |
|
|
Other Current Liabilities |
16.457
|
74.183 |
10.491 |
|
|
Provisions |
4.629
|
4.867 |
0.000 |
|
Total
Current Liabilities |
172.057
|
96.831 |
37.439 |
|
|
Net Current Assets |
580.326
|
324.519 |
214.993 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
1435.874 |
716.916 |
394.453 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
1251.622 |
887.308 |
497.405 |
|
|
|
Other Income |
23.849 |
12.463 |
6.965 |
|
|
|
TOTAL |
1275.471 |
899.771 |
504.370 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Office Expenses |
|
|
|
|
|
|
Administrative Expenses |
691.651 |
401.570 |
234.112 |
|
|
|
Advertising Expenses |
|
|
|
|
|
|
TOTAL |
691.651 |
401.570 |
234.112 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
583.820 |
498.201 |
270.258 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
14.251 |
7.063 |
4.689 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
569.569 |
491.138 |
266.068 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
183.782 |
161.760 |
90.994 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
385.787 |
329.378 |
174.575 |
|
|
|
|
|
|
|
|
|
Less |
Prior Period
Items |
0.000 |
3.507 |
0.000 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
318.435 |
-- |
NA |
|
|
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
|
|
Interim dividend on equity shares |
-- |
6.356 |
NA |
|
|
|
Tax on Interim Dividend |
-- |
1.080 |
NA |
|
|
BALANCE CARRIED
TO THE B/S |
704.222 |
318.435 |
NA |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
31.305 |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
51.82 |
42.69 |
NA |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
30.25
|
36.61 |
34.61 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
45.51
|
55.35 |
53.49 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
63.30
|
89.85 |
87.16 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.40
|
0.74 |
0.76 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
0.12
|
0.22 |
0.24 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
4.37
|
4.35 |
6.74 |
LOCAL AGENCY FURTHER INFORMATION
SUNDRY CREDITORS
DETAILS:
|
Particulars |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
(Rs. In Millions) |
||
|
Sundry Creditors
|
|
|
|
|
Dues to other than micro and small
enterprises |
150.971 |
17.781 |
26.948 |
|
|
|
|
|
|
Total |
150.971 |
17.781 |
26.948 |
|
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 |
Yes |
|
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 |
Yes |
|
24] |
Banking facility details |
Yes |
|
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 |
NOTE:
The registered office of the company has been shifted from
9, Raghunath Apartment,
BUSINESS
OPERATIONS
During the Year
2010-11, The Company’s Revenue has increased from Rs.994.000 Millions to
Rs.1489.000 Millions registering a growth of 50% over the previous year. The
net profit jumped from Rs.325.000 Millions to Rs.385.000 Millions.
The Company has
always and will continue to maintain long-term relationship with our customers
and their distributors. The Company has always concentrated on Quality of the product
to keep in pace with the growing business and the competition.
They are in the
process of enhancing their product portfolio and are inching towards becoming
an endpoint security solutions provider. In future also the Company intends to
accelerate their supply chain and support function to improve profitability and
enhance customer service.
AMALGAMATION
Subsequent to the
Balance Sheet date, the Honorable High Court of Bombay has vide Order dated
April 8, 2011 sanctioned the scheme of amalgamation (“the Scheme”) between Cat
Labs Private Limited (CLPL), subsidiary of the Company and the Company with
effect from April 1, 2010, the Appointed Date. The Company completed the
process of Amalgamation on May 2, 2011 on filing of above Court Orders with the
Registrar of Companies.
The assets and
liabilities, rights and obligation of erstwhile CLPL have been vested with the
Company effective from April 1, 2010. The Scheme has, accordingly, been given
effect to in these Annual accounts. The amalgamation has been accounted for
under the “Pooling of Interests” as prescribed under “Accounting Standard (AS)
14 – Accounting for Amalgamations” issued by the Institute of Chartered
Accountant of India as per Scheme of Amalgamation.
NATURE OF OPERATIONS
Quick Heal Technologies
Private Limited (the “Company”) was incorporated in August 1995. The Company is
engaged in the business of providing Internet Security solutions.
FIXED ASSETS:
·
Building
·
Computer
·
Electrical Installations
·
Furniture and Fixture
·
Office Equipments
· Vehicles
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
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 sugget that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No available
information exist that suggest that subject or any of its principals have been
formally charged or convicted by a competent governmental authority for any
financial crime or under any formal investigation by a competent government
authority for any violation of anti-corruption laws or international anti-money
laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms and
conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.66 |
|
|
1 |
Rs.86.37 |
|
Euro |
1 |
Rs.69.24 |
INFORMATION DETAILS
|
Information Gathered
by : |
PJA |
|
|
|
|
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 |
7 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
7 |
|
--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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
52 |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.