MIRA INFORM REPORT

Report Date :

03.10.2012

IDENTIFICATION DETAILS

Name :	TELANGANA PUBLICATIONS PRIVATE LIMITED
Registered Office :	House No. 8-2-603/1/7,8,9, Krishnapuram, Road No. 10, Banjara Hills, Hyderabad – 500034, Andhra Pradesh
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	16.09.2010
Com. Reg. No.:	01-070457
Capital Investment / Paid-up Capital :	Rs.112.500 millions
CIN No.: [Company Identification No.]	U22219AP2010PTC070457
Legal Form :	Private Limited Liability Company
Line of Business :	Publisher of Daily Newspapers, Periodicals, Magazines Photographic, Printer, Lithographers, Engravers.
No. of Employees :	Information declined by the management

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 770000
Status :	Moderate
Payment Behaviour :	Slow
Litigation :	Clear
Comments :	Subject is a established company having moderate track. Trade relation are reported to be fair. Business is active. Payments are reported to be slow. The company can be considered for business dealing with some cautions. The Profit and Loss of the company is Not Available

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

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	B+ (Long term debt)
Rating Explanation	Having high risk of default regarding timely payment of financial obligation.
Date	May 2012

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 BY

Management Non co – operative

LOCATIONS

Registered Office /Corporate Office:	House No. 8-2-603/1/7,8,9, Krishnapuram, Road No. 10, Banjara Hills, Hyderabad – 500034, Andhra Pradesh, India
Tel. No.:	91-40-23334141 / 23291119
Fax No.:	91-40-23334242 / 23291117
E-Mail :	v4u.compliance@gmail.com admin@namasthetelangaana.com info@namasthetelangaana.com editor@namasthetelangaana.com] advt@namasthetelangaana.com] marketing@namasthetelangaana.com
Corporate Press :	Survey No.437, Near Velama Kalyana Madapam, Devara Yanjaal, shamirpet Mandal, Rangareddy District, Hyderabad – 500078, Andhra Pradesh, India

DIRECTORS

AS on 29.09.2011

Name :

Mr. Damodar Rao Divakonda

Designation :

Managing director

Address :

Plat No. 409, Metro Residency, Raj Bhavan Road, Somjiguda, Hyderabad – 500082, Andhra Pradesh, India

Date of Birth/Age :

01.04.1958

Date of Appointment :

16.09.2010

DIN No:

00961873

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	U74999AP2006PLC050782	HYDERABAD MEDIA HOUSE LIMITED	Director	12/09/2007	04/09/2006	-	Active	NO
2	U55101AP2009PTC063314	BVM ENERGY AND RESIDENCY PRIVATE LIMITED	Director	13/04/2009	13/04/2009	20/01/2010	Active	NO
3	U92120AP2010PTC066642	TELANGANA BROADCASTING PRIVATE LIMITED	Managing director	26/07/2010	12/01/2010	-	Active	NO
4	U15122AP2010PTC067197	Ishwarya Wineries and Distilleries Private Limited	Director	24/02/2010	24/02/2010	-	Active	NO
5	U22219AP2010PTC070457	Telangana Publications Private Limited	Director	06/10/2011	16/09/2010	-	Active	NO
6	U13203AP2012PTC082826	BVM RESOURCES PRIVATE LIMITED	Director	03/09/2012	03/09/2012	-	Active	NO

Name :

Mr. Chilappagari Rajam Laxmi

Designation :

Director

Address :

Plat No.1267 A, Road No.63A, Jubilee Hills, Erramzil Colony, Hyderabad – 500033, Andhra Pradesh, India

Date of Birth/Age :

04.03.1951

Date of Appointment :

16.09.2010

DIN No:

00029156

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	U45200AP2003PLC040845	INTERCONTINENTAL INFRASTRUCTURE LIMITED	Director	01/10/2011	17/04/2003	-	Active	NO
2	U70100MH2004PTC147452	VIDARBH HOMES PRIVATE LIMITED	Director	13/07/2004	13/07/2004	-	Active	NO
3	U45200AP2006PTC049709	SRIVENKATA SAI LAKSHMI BUILDERS PRIVATE LIMITED	Director	04/04/2006	04/04/2006	-	Active	NO
4	U45309WB2006PLC108996	WEST BENGAL SEW PRASAD INFRASTRUCTURE LTD	Managing director	31/12/2011	19/04/2006	-	Active	NO
5	U45201MH2006PTC165540	VIDARBH INFRASTRUCTURE PRIVATE LIMITED	Director	14/11/2006	14/11/2006	-	Active	NO
6	U45200AP1983PLC003796	SEW INFRASTRUCTURE LIMITED	Director	29/03/2007	29/03/2007	30/01/2009	Active	NO
7	U45400AP2007PTC055443	INTERCONTINENTAL REALTY PRIVATE LIMITED	Director	07/09/2007	07/09/2007	05/03/2010	Active	NO
8	U45200AP2007PTC056842	INTERCONTINENTAL PROPERTIES PRIVATE LIMITED	Director	26/12/2007	26/12/2007	08/03/2010	Active	NO
9	U45200AP2007PTC056841	INTERCONTINENTAL HOMES PRIVATE LIMITED	Director	26/12/2007	26/12/2007	08/03/2010	Active	NO
10	U45400MH2008PTC177391	DARMSTADTIUM REALTY PRIVATE LIMITED	Director	05/01/2008	05/01/2008	-	Strike off	NO
11	U45400MH2008PTC177390	DARMSTADTIUM HOMES PRIVATE LIMITED	Director	05/01/2008	05/01/2008	-	Strike off	NO
12	U41000AP2008PTC058577	BUSHNAK PALLAVA WATER SERVICES (VIZAG) PRIVATE LIMITED	Director	08/04/2008	08/04/2008	-	Active	NO
13	U22200AP2008PTC061579	INTERCONTINENTAL PUBLICATIONS PRIVATE LIMITED	Director	27/10/2008	27/10/2008	-	Active	NO
14	U40102DL2006PTC150487	TT ENERGY PRIVATE LIMITED	Nominee director	27/11/2008	27/11/2008	-	Active	NO
15	U45201AP1997PLC028680	GVPR ENGINEERS LIMITED	Director	30/09/2009	18/02/2009	12/11/2011	Active	NO
16	U66010AP2003PTC041084	NEW ERA INSURANCE BROKING SERVICES Private Limited	Director	29/09/2009	03/03/2009	30/04/2011	Active	NO
17	U72900DL2003PTC119047	DANS ENERGY PRIVATE LIMITED	Nominee director	23/11/2009	23/11/2009	-	Active	NO
18	U92130AP2010PTC068487	INTERCONTINENTAL MEDIA NETWORK PRIVATE LIMITED	Director	19/05/2010	19/05/2010	-	Active	NO
19	U22219AP2010PTC070457	Telangana Publications Private Limited	Managing director	06/10/2011	16/09/2010	-	Active	NO
20	U23203AP2010PLC070842	SEW Carbons Limited	Director	28/09/2011	18/10/2010	01/11/2011	Active	NO
21	U13203AP2011PLC075319	SEW Minerals Limited	Director	01/07/2011	01/07/2011	01/11/2011	Active	NO
22	U45209AP2012PTC082012	VIJAYAKANTI INFRASTRUCTURE PRIVATE LIMITED	Director	16/07/2012	16/07/2012	-	Active	NO
23	U85195AP2012PTC082046	SANKARA DIAGNOSTICS PRIVATE LIMITED	Director	18/07/2012	18/07/2012	-	Active	NO

Name :

Mr. Vijaya Chilappagari

Designation :

Director

Address :

Plat No.1267 A, Road No.63A, Jubilee Hills, Erramzil Colony, Hyderabad – 500033, Andhra Pradesh, India

Date of Birth/Age :

11.09.1956

Date of Appointment :

16.09.2010

DIN No:

00097167

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	U24239AP2002PTC038842	INDIGENE PHARMACEUTICALS PRIVATE LIMITED	Director	24/04/2002	24/04/2002	09/11/2011	Active	NO
2	U45200AP2003PLC040845	INTERCONTINENTAL INFRASTRUCTURE LIMITED	Managing director	14/05/2010	17/04/2003	-	Active	NO
3	U70102AP2003PTC041829	SRI VIJAYAKANTI REAL ESTATES AND DEVELOPERS PRIVATE LIMITED	Director	09/10/2003	09/10/2003	-	Active	NO
4	U70100MH2004PTC147452	VIDARBH HOMES PRIVATE LIMITED	Director	13/07/2004	13/07/2004	-	Active	NO
5	U45100AP2005PTC048325	CHILAPPA REAL ESTATES PRIVATE LIMITED	Director	15/05/2010	07/12/2005	-	Active	NO
6	U60200AP2007PTC056843	SRI VIJAYAKANTI SEAMLESS LOGISTICS PRIVATE LIMITED	Director	26/12/2007	26/12/2007	-	Under Process of Striking off	NO
7	U22200AP2008PTC061579	INTERCONTINENTAL PUBLICATIONS PRIVATE LIMITED	Director	27/10/2008	27/10/2008	-	Active	NO
8	U92130AP2010PTC068487	INTERCONTINENTAL MEDIA NETWORK PRIVATE LIMITED	Director	19/05/2010	19/05/2010	-	Active	NO
9	U22219AP2010PTC070457	Telangana Publications Private Limited	Director	16/09/2010	16/09/2010	-	Active	NO
10	U45200AP2007PTC056842	INTERCONTINENTAL PROPERTIES PRIVATE LIMITED	Director	08/09/2011	01/06/2011	-	Active	NO
11	U45209AP2012PTC082012	VIJAYAKANTI INFRASTRUCTURE PRIVATE LIMITED	Director	16/07/2012	16/07/2012	-	Active	NO
12	U85195AP2012PTC082046	SANKARA DIAGNOSTICS PRIVATE LIMITED	Director	18/07/2012	18/07/2012	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS on 29.09.2011

Names of Shareholders	No. of Shares
Damodar Rao	4162500
K. Chandrashekhar Rao	4162500
Chilappagari Laxmi Rajam	12500
Chilappagari Vijaya	13500
Chilappagari Srikanth	500000
Intercontinental Infrastructre Limited, India	3635000
Total	12486000

List of Allottees (As on 03.01.2012)

Names of Allottees	No. of Shares
Intercontinental Infrastructre Limited, India	7250000
Total	7250000

List of Allottees (As on 24.02.2012)

Names of Allottees	No. of Shares
Intercontinental Infrastructre Limited, India	3765000
Total	3765000

As on 29.09.2011

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Bodies corporate	29.11
Directors or relatives of Directors	70.89
Other top fifty shareholders	0.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Publisher of Daily Newspapers, Periodicals, Magazines Photographic, Printer, Lithographers, Engravers.

GENERAL INFORMATION

No. of Employees :

Information declined by the management

Bankers :

Cosmos Cooperative Bank Limited, Prathima Schallas, 3-5-798, King Koti Road, Hyderabad - 500001, Andhra Pradesh, India

Facilities :

Unsecured Loan	As on 31.03.2011 (Rs. in Millions)	As on 31.03.2010 (Rs. in Millions)
Loans directors unsecured	12.500	0.000
Total	12.500	0.000

Banking Relations :	--
Auditors :
Name :	G V Laxman Rao and Company Chartered Accountant
Address :	Flat No.409, Metro Residency, Raj Bhavan Road, Somajiguda, Hyderabad – 500082, Andhra Pradesh, India
PAN No:	ADRPG7566K

CAPITAL STRUCTURE

After 29.09.2011

Authorised Capital : Rs.400.000 millions

Issued, Subscribed & Paid-up Capital : Rs.320.150 millions

As on 29.09.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
27000000	Equity Shares	Rs.10/- each	Rs.270.000 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
12486000	Equity Shares	Rs.10/- each	Rs.124.860 millions

As on 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
15000000	Equity Shares	Rs.10/- each	Rs.150.000 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
11250000	Equity Shares	Rs.10/- each	Rs.112.500 millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011	31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		112.500	0.100
2] Share Application Money pending allotment		80.000	0.000
3] Reserves & Surplus		0.000	0.000
4] (Accumulated Losses)		0.000	0.000
NETWORTH		192.500	0.100
LOAN FUNDS
1] Secured Loans		0.000	0.000
2] Unsecured Loans		12.500	0.000
TOTAL BORROWING		12.500	0.000
DEFERRED TAX LIABILITIES		0.000	0.000
TOTAL		205.000	0.100
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		108.434	0.000
Capital work-in-progress		113.580	0.000
INVESTMENT		0.000	0.000
DEFERREX TAX ASSETS		0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	0.000	0.000
	Sundry Debtors	0.000	0.000
	Cash & Bank Balances	22.276	0.000
	Other Current Assets	0.000	0.000
	Loans & Advances	20.757	0.000
Total Current Assets		43.033	0.000
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	12.532	0.000
	Other Current Liabilities	0.000	0.000
	Provisions	48.648	0.000
Total Current Liabilities		61.180	0.000
Net Current Assets		(18.147)	0.000
MISCELLANEOUS EXPENSES		1.133	0.100
TOTAL		205.000	0.100

KEY RATIOS

PARTICULARS	31.03.2011	31.03.2010
Debt Equity Ratio (Total Liability/Networth)	0.38	0.00
Current Ratio (Current Asset/Current Liability)	0.70	0.00

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	No
12]	Profitability for last three years	No
13]	Reasons for variation <> 20%	--
14]	Estimation for coming financial year	No
15]	Capital in the business	Yes
16]	Details of sister concerns	No
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 Flat No. 409, Metro Residency, Rajbhavan Road, Somajiguda, Hyderabad – 500082, Andhra Pradesh India to the present address w.e.f.06.10.2011

Bankers Charges Report as per Registry

Corporate identity number of the company	U22219AP2010PTC070457
Name of the company	TELANGANA PUBLICATIONS PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	House No. 8-2-603/1/7,8,9, Krishnapuram, Road No. 10, Banjara Hills, Hyderabad – 500034, Andhra Pradesh, India v4u.compliance@gmail.com
This form is for	Modification of charge
Charge identification (ID) number of the charge to be modified	10280643
Type of charge	Immovable property Book debts Movable property (not being pledge) (Other) Plant and Machinery and others enclosed
Particular of charge holder	Cosmos Cooperative Bank Limited, Prathima Schallas, 3-5-798, King Koti Road, Hyderabad - 500001, Andhra Pradesh, India obr1@cosmosbank.in
Nature of instrument creating charge	1. Deed of Hypothecation of Stock, Book Debts and Machinery, 2. Memorandum confirming Deposit of Title Deeds, and 3. Sanction Letter 4. NOC from Bank of Baroda
Date of instrument Creating the charge	26.08.2011
Amount secured by the charge	Rs.219.000 millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest For CC, TL (Plant and Machinery) and TL (Land and Building) 13.50% p.a. presently. Terms of Repayment For Cash Credit - repayable on demand / review within 12 months, for Term Loan (Plant and Machinery) is 72 months + 12 months moratorium period, and for Term Loan (Land and Building) is 72 months + 12 months moratorium period Margin For Cash Credit, for Term Loan (Plant and Machinery), and for Term Loan (Land and Building) is 25% in Banks favour. Extent and Operation of the charge Agreements copies are enclosed.
Short particulars of the property charged	For Term Loan (Plant and Machinery) 1. Hypothecation of Plant and Machinery on paripassu basis with Bank of Baroda. For Cash Credit 1. Composite Hypothecation agreement and paripassu charge on Stocks, book debts, plant and machinery and Factory land and building. For Term Loan (Land and Building) 1. Mortagage of Land, building on paripassu basis with Bank of Baroda.
Particulars of the present modification	Facility Bank Existing Modification New TL and CC BOB 12.00 0.00 12.00 CC Cosmos 0.00 2.25 2.25 TL (P and M Cosmos 0.00 5.75 5.75 TL (L and B) Cosmos 0.00 1.90 1.90 TOTAL 21.90

BACKGROUND:

Telangana, a treasure of culture and history, a mine of resources and energies, a bed of two gigantic river basins-Godavari and Krishna, has been merged with Andhra against the wishes of majority Telangana people and States Re-organization commission report, by simple manipulation and deceitful agreements. All agreements and assurances thrown to wind from the day one itself. The slogan for separate statehood has been living in the hearts of Telangana population all through the sixty years history. Prime Minister Jawaharlal Nehru initially was skeptical of merging Telangana with Andhra State, fearing a "tint of expansionist imperialism" in it. He compared the merger to a matrimonial alliance having "provisions for divorce" if the partners in the alliance cannot get on well. For selfish and political reasons and by the natural strength of majority, people at helm of affairs have distorted facts backed by media houses from Seemandhra. This led to the suppression of the Statehood aspirations of people of Telangana for the last six decades. But a just, truthful, democratic demand cannot be buried under lies and manipulations forever. Namasthe Telangana emerges from that urge for freedom. NAMASTHE TELANGANA DAILY became the reality on the auspicious day of 6TH JUNE 2011. Namasthe Telangana will be a newspaper by the people of Telangana, for the people of Telangana and of the people of Telangana.

Namasthe Telangana is born to lead the people from untruth to Truth, from darkness to light, with eternal goal. Where lies became order of the day, where distortions rule the politics and media, where truth is being suppressed for the ride, there raises the space and revolt. Space and revolt creates history. History necessitates new voices and forums.

Namasthe Telangana Telugu Daily born to dawn 'that historical necessity'. So far Telangana people heard and saw through the eyes and ears of Seemandhra Media. Now Telangana people will see through their own eyes and hear through their own ears. It unearths the stories buried under the cultural establishment of the other media. It rewrites the history, culture and age old rich traditions of Telangana people. It retells the injustice done to the region. Namasthe Telangana will voice the concerns, aspirations and ambitions of Telangana people.

It is not going to be the just another newspaper. It is planned to be different, complete and most popular newspaper of Telangana. Just not political news with Telangana tinge, sports, business, cinema, features and Sunday magazine….all the ingredients will be part of the newspaper. Namasthe Telangana designed to be superior in technology, quality and content. It's born to reach the maximum number of Telangana masses. They plan to have 7 editions in the Telangana Region with an Estimated print run of over 6 lacs. It's going to hit the stands with a big bang in the next few weeks. Namasthe Telangana on its way to reach the readers is equipped with outstanding and robust technology at par with the latest and innovative trends of Newspaper Industry. First look, which creates curiosity among the readers, should be long lasting. Namasthe Telangana stands uncompromised towards quality of production, implementing state of art technology in the production of the newspaper.

Top quality press machines from Manugraph and Orient, latest computer-to-plate systems, lightening speed communications and first of its kind IT infrastructure in a Daily are the part of its ammunition. A professionally well experienced team devoted and dedicated to achieve outstanding quality drives the production chariot tirelessly to meet the readers expectation. Namasthe Telangana promises its readers a fresh and pleasant look every day.

Websites Details:

Profile:

Telangana region has ten districts: Adilabad, Hyderabad, Khammam, Karimnagar, Mahaboobnagar, Medak, Nalgonda, Nizamabad, Rangareddy and Warangal.

Telangana is the largest single region of the three regions of Andhra Pradesh State covering 41.47% of its total area, is inhabited by 40.54% of the state's population, and contributes more than 60% of total revenue of the state’s exchequer. Hyderabad is the fifth largest city in the country and houses near one crore population in its agglomeration. Newspapers selling highest number of copies in this region and also garnering more than 70% revenue from the area.

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.52.78
UK Pound	1	Rs.85.16
Euro	1	Rs.67.79

INFORMATION DETAILS

Information Gathered by :	PJA
Report Prepared by :	DPK

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	3
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	3
--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		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

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.