MIRA INFORM REPORT

Report Date :

10.09.2012

IDENTIFICATION DETAILS

Name :	JAWAHAR SAW MILLS PRIVATE LIMITED
Registered Office :	47, Victoria Road, Mustafa Bazar, Mumbai – 400010, Maharashtra
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	07.04.2008
Com. Reg. No.:	11-180898
Paid-up Capital :	Rs.12.500 Millions
CIN No.: [Company Identification No.]	U20212MH2008PTC180898
TAN No.: [Tax Deduction & Collection Account No.]	MUMJ13459F
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer and Trader of Timber Products
No. of Employees :	115 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (45)

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

Maximum Credit Limit :	USD 230000
Status :	Satisfactory
Payment Behaviour :	Usually correct
Litigation :	Clear
Comments :	Subject is a successor of Jawahar Saw Mills partnership concern. It is an established company having satisfactory track record. Trade relations are reported to be fair. Business is active. Payments are reported to be usually correct and as per commitment. 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 – 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	Cash Credit = BB-
Rating Explanation	Having moderate risk of default regarding timely servicing of financial obligation.
Date	May 2011

RBI DEFAILTERS’ LIST STATUS

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

EPF (Employee Provident Fund) DEFAILTERS’ 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 PARTED BY

Name :	Mr. Gaurav Manoharlal Agicha
Designation :	Director
Contact No.:	91-9820284447
Date :	07.09.2012

LOCATIONS

Registered / Corporate Office :	47, Victoria Road, Mustafa Bazar, Mumbai – 400010, Maharashtra, India
Tel. No.:	91-22-23728820/ 23732222/ 23790777/ 23790999/ 23752222
Mobile No.:	91-9820284447 (Mr. Gaurav Manoharlal Agicha)
Fax No.:	91-22-23732222/ 23732179
E-Mail :	info@jawahar.in
Website :	http://www.jawahar.in
Area :	5000 sq. ft.
Location :	Owned
Factory:	Survey 51, Savroli Khadpada Road, Dhamini Village, Khalapur, Raigad 410202, Maharashtra, India
Email:	production@jawahar.in
Branch Office :	Located at: · Chennai · Hyderabad

DIRECTORS

As on 30.09.2011

Name :

Mr. Gaurav Manoharlal Agicha

Designation :

Director

Address :

The Agicha’s, 6, Perry Cross Road, Bandra (West), Mumbai- 400050, Maharashtra, India

Date of Birth/Age :

01.12.1980

Date of Appointment :

07.04.2008

DIN No.:

00299339

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	U20299MH2006PTC163886	JAWAHAR WOOD TECH PRIVATE LIMITED	Director	17/07/2007	24/08/2006	-	Active	NO
2	U20212MH2008PTC180898	JAWAHAR SAW MILLS PRIVATE LIMITED	Director	7/4/2008	7/4/2008	-	Active	NO
3	U45205MH2005PTC151581	ASSOCIATE EXPRESSWAY REALTY PRIVATE LIMITED	Director	30/09/2010	22/03/2010	-	Active	NO

Name :

Mr. Srichand Satramdas Agicha

Designation :

Director

Address :

The Agicha’s, 6, Perry Cross Road, Bandra (West), Mumbai- 400050, Maharashtra, India

Date of Birth/Age :

22.02.1951

Date of Appointment :

07.04.2008

DIN No.:

00364370

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	U20101MH1986PTC039719	ASSOCIATE LUMBERS PRIVATE LIMITED	Director	1/5/1986	1/5/1986	-	Active	NO
2	U20100MH1991PTC060280	ASSOCIATE PLYWOOD INDUSTRIES PRIVATE LIMITED	Director	5/2/1991	5/2/1991	-	Active	NO
3	U45200MH1994PTC078445	PEARLQUEEN REAL ESTATE AND DEVELOPERS PRIVATE LIMITED	Director	16/06/1994	16/06/1994	-	Active	NO
4	U45200MH1994PTC079129	TOUCHWOOD REAL ESTATE PRIVATE LIMITED	Director	24/06/1994	24/06/1994	-	Active	NO
5	U65990MH1994PTC079715	ASSOCIATE HOLDINGS PRIVATE LIMITED	Director	8/8/1994	8/8/1994	-	Active	NO
6	U45200MH1994PTC080135	ASSOCIATE NIWAS DEVELOPERS PRIVATE LIMITED	Director	19/08/1994	19/08/1994	-	Active	NO
7	U45200MH1994PTC081456	SILVER VALLEY PROPERTIES PRIVATE LIMITED	Director	26/09/1994	26/09/1994	-	Active	NO
8	U45200MH1994PTC083520	PRIME CONSTRUCTIONS AND DEVELOPERS PRIVATE LIMITED	Director	6/12/1994	6/12/1994	-	Active	NO
9	U45200MH1995PTC084606	ISLAND BUILDERS AND DEVELOPERS PRIVATE LIMITED	Director	13/01/1995	13/01/1995	7/11/2008	Active	NO
10	U20100MH1998PTC117102	ISLAND WOOD WORKS PRIVATE LIMITED	Director	13/11/1998	13/11/1998	-	Active	NO
11	U26100MH1999PTC121928	ISLAND GLASS AND GLAZING PRIVATE LIMITED	Director	24/09/1999	24/09/1999	-	Active	NO
12	U01130MH1995PTC093416	ASSOCIATE PLANTATIONS PRIVATE LIMITED	Director	11/2/2005	11/2/2005	-	Active	NO
13	U45205MH2005PTC151581	ASSOCIATE EXPRESSWAY REALTY PRIVATE LIMITED	Director	24/02/2005	24/02/2005	-	Active	NO
14	U20213KA2007PLC041502	ASSOCIATE DECOR LIMITED	Director	19/02/2007	19/02/2007	-	Active	NO
15	U70200MH1989PTC052479	ASSOCIATE INFRATECH (INDIA) PRIVATE LIMITED	Director	22/06/2007	22/06/2007	-	Active	NO
16	U45102MH2006PTC158722	SAPNA CONTRACTORS AND ENGINEERS PRIVATE LIMITED	Director	5/9/2007	5/9/2007	-	Active	NO
17	U55100GJ2004PTC045068	ASSOCIATE HIGH PRESSURE TECHNOLOGIES PRIVATE LIMITED	Director	1/4/2008	1/4/2008	-	Active	NO
18	U20212MH2008PTC180898	JAWAHAR SAW MILLS PRIVATE LIMITED	Director	7/4/2008	7/4/2008	-	Active	NO
19	U70101MH1994PTC078627	SHAMIANA CONSTRUCTIONS PRIVATE LIMITED	Director	15/12/2008	15/12/2008	-	Active	NO
20	U70102MH2010PTC206107	VIBRANT VENTURE PRIVATE LIMITED	Director	30/07/2010	30/07/2010	4/10/2010	Active	NO
21	U70102MH2010PTC200284	NINE ALPHA AGRI-PARKS AND PROPERTIES PRIVATE LIMITED	Director	29/09/2011	6/12/2010	-	Active	NO
22	U70102MH2011PTC211952	ACUTECH REALTY AND INFRA PROJECTS PRIVATE LIMITED	Director	6/1/2011	6/1/2011	-	Active	NO
23	U70102MH2011PTC211970	INTEGRATED ENCLAVE BUILDERS PRIVATE LIMITED	Director	7/1/2011	7/1/2011	-	Active	NO
24	U70109MH2011PTC211968	ACCESS NIWAS CONSTRUCTION PRIVATE LIMITED	Director	7/1/2011	7/1/2011	-	Active	NO
25	U70101MH2011PTC212070	SILVERSPARK ENCLAVE BUILDERS PRIVATE LIMITED	Director	10/1/2011	10/1/2011	-	Active	NO
26	U70102MH2011PTC213203	HIRISE TOWNSHIP AND GARDENS PRIVATE LIMITED	Director	9/2/2011	9/2/2011	-	Active	NO
27	U70102MH2011PTC213201	INNOVATIVE PROP AVENUES PRIVATE LIMITED	Director	9/2/2011	9/2/2011	-	Active	NO
28	U70102MH2011PTC213200	APEX PROPDEALS PRIVATE LIMITED	Director	9/2/2011	9/2/2011	-	Active	NO
29	U70102MH2011PTC213960	ABROTS INFRASTRUCTURE AND PARK DEVELOPMENT PRIVATE LIMITED	Director	24/02/2011	24/02/2011	-	Active	NO
30	U74999MH2011PTC215090	PRISKA HERITAGE RESTORATION PRIVATE LIMITED	Director	22/03/2011	22/03/2011	-	Active	NO
31	U74990MH2011PTC215451	BLUESCHIST CLASSICO HERITAGE RECONSTRUCTION PRIVATE LIMITED	Director	28/03/2011	28/03/2011	-	Active	NO
32	U74999MH2011PTC215450	DITTANY HOSPITALITY PRIVATE LIMITED	Director	28/03/2011	28/03/2011	-	Active	NO
33	U74900MH2011PTC215484	JONQUILLE TOURISM PRIVATE LIMITED	Director	29/03/2011	29/03/2011	-	Active	NO
34	U74900MH2011PTC215481	FORNAX TOURISM PRIVATE LIMITED	Director	29/03/2011	29/03/2011	-	Active	NO
35	U74900MH2011PTC215477	KINAVA HERITAGE RESTORATION PRIVATE LIMITED	Director	29/03/2011	29/03/2011	-	Active	NO
36	U74900MH2011PTC215646	ZARK TOURISM PRIVATE LIMITED	Director	1/4/2011	1/4/2011	-	Active	NO
37	U74120MH2011PTC215739	ENZIAN HERITAGE RESTORATION PRIVATE LIMITED	Director	5/4/2011	5/4/2011	-	Active	NO
38	U74120MH2011PTC215737	TANZY HOSPITALITY PRIVATE LIMITED	Director	5/4/2011	5/4/2011	-	Active	NO
39	U74120MH2011PTC215728	ANTHEA TOURISM PRIVATE LIMITED	Director	5/4/2011	5/4/2011	-	Active	NO
40	U74900MH2011PTC216232	PERIWINKLE HOSPITALITY PRIVATE LIMITED	Director	13/04/2011	13/04/2011	-	Active	NO
41	U74900MH2011PTC216449	PYROLITE TOURISM PRIVATE LIMITED	Director	20/04/2011	20/04/2011	-	Active	NO
42	U70101MH2008PTC180576	ASSOCIATE LAND DEVELOPERS PRIVATE LIMITED	Director	30/09/2011	30/09/2011	-	Active	NO

Name :

Mr. Manoharlal Satramdas Agicha

Designation :

Director

Address :

The Agicha’s, 6, Perry Cross Road, Bandra (West), Mumbai- 400050, Maharashtra, India

Date of Birth/Age :

21.04.1945

Date of Appointment :

07.04.2008

DIN No.:

00364700

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	U20101MH1986PTC039719	ASSOCIATE LUMBERS PRIVATE LIMITED	Director	1/5/1986	1/5/1986	-	Active	NO
2	U70200MH1989PTC052479	ASSOCIATE INFRATECH (INDIA) PRIVATE LIMITED	Director	6/7/1989	6/7/1989	-	Active	NO
3	U02000MH1989PLC053993	TIMBER IMPORTERS ASSOCIATION INDIA LIMITED	Director	23/10/1989	23/10/1989	-	Active	NO
4	U45200MH1994PTC078445	PEARLQUEEN REAL ESTATE AND DEVELOPERS PRIVATE LIMITED	Director	16/06/1994	16/06/1994	-	Active	NO
5	U45200MH1994PTC079129	TOUCHWOOD REAL ESTATE PRIVATE LIMITED	Director	24/06/1994	24/06/1994	-	Active	NO
6	U65990MH1994PTC079715	ASSOCIATE HOLDINGS PRIVATE LIMITED	Director	19/07/1994	19/07/1994	-	Active	NO
7	L24230AP1989PLC009458	TRANS MEDICARE LIMITED	Director	1/8/1994	1/8/1994	6/8/2009	Active	NO
8	U45200MH1994PTC080135	ASSOCIATE NIWAS DEVELOPERS PRIVATE LIMITED	Director	19/08/1994	19/08/1994	-	Active	NO
9	U45200MH1994PTC081456	SILVER VALLEY PROPERTIES PRIVATE LIMITED	Director	26/09/1994	26/09/1994	-	Active	NO
10	U45200MH1994PTC083520	PRIME CONSTRUCTIONS AND DEVELOPERS PRIVATE LIMITED	Director	6/12/1994	6/12/1994	-	Active	NO
11	U45200MH1995PTC084606	ISLAND BUILDERS AND DEVELOPERS PRIVATE LIMITED	Director	13/01/1995	13/01/1995	-	Active	NO
12	U01130MH1995PTC093416	ASSOCIATE PLANTATIONS PRIVATE LIMITED	Director	9/10/1995	9/10/1995	-	Active	NO
13	U74940MH1995PTC094790	PRIME HI-TECH STUDIOS PRIVATE LIMITED	Director	27/11/1995	27/11/1995	-	Active	NO
14	U65923MH1991PLC063056	PREMIUM FINANCIAL SERVICES LIMITED	Director	4/12/1995	4/12/1995	18/08/2010	Active	NO
15	U20100MH1998PTC117102	ISLAND WOOD WORKS PRIVATE LIMITED	Director	13/11/1998	13/11/1998	-	Active	NO
16	U26100MH1999PTC121928	ISLAND GLASS AND GLAZING PRIVATE LIMITED	Director	24/09/1999	24/09/1999	-	Active	NO
17	U72900MH2000PTC129030	VIZWARE INFOTECH (INDIA) PRIVATE LIMITED	Director	6/10/2000	6/10/2000	-	Active	NO
18	U20100MH1991PTC060280	ASSOCIATE PLYWOOD INDUSTRIES PRIVATE LIMITED	Director	11/3/2002	11/3/2002	-	Active	NO
19	U40101MH2005PTC151501	ASSOCIATE ENERGY PRIVATE LIMITED	Director	22/02/2005	22/02/2005	-	Active	NO
20	U45205MH2005PTC151581	ASSOCIATE EXPRESSWAY REALTY PRIVATE LIMITED	Director	24/02/2005	24/02/2005	-	Active	NO
21	U70100MH2005PTC157459	AMETHYST ESTATES PRIVATE LIMITED	Director	22/11/2005	22/11/2005	-	Active	NO
22	U70100MH2005PTC157486	RIVERWOOD ESTATE PRIVATE LIMITED	Director	23/11/2005	23/11/2005	-	Active	NO
23	U70100MH2005PTC157485	OPAL ESTATES PRIVATE LIMITED	Director	23/11/2005	23/11/2005	10/11/2009	Active	YES
24	U70100MH2005PTC158395	DAISIES ESTATES PRIVATE LIMITED	Director	22/12/2005	22/12/2005	-	Active	NO
25	U20213KA2007PLC041502	ASSOCIATE DECOR LIMITED	Director	19/02/2007	19/02/2007	-	Active	NO
26	U45102MH2006PTC158722	SAPNA CONTRACTORS AND ENGINEERS PRIVATE LIMITED	Director	3/8/2007	3/8/2007	-	Active	NO
27	U70101MH2008PTC180576	ASSOCIATE LAND DEVELOPERS PRIVATE LIMITED	Director	28/03/2008	28/03/2008	-	Active	NO
28	U70101MH2008PTC180573	ASSOCIATE HEIGHTS ESTATE PRIVATE LIMITED	Director	28/03/2008	28/03/2008	-	Active	NO
29	U55100GJ2004PTC045068	ASSOCIATE HIGH PRESSURE TECHNOLOGIES PRIVATE LIMITED	Director	1/4/2008	1/4/2008	-	Active	NO
30	U45400MH2008PTC180655	ASSOCIATE HERITAGE RESTORATION AND INFRASTRUCTURE PROJECTS PRIVATE LIMITED	Director	1/4/2008	1/4/2008	-	Active	NO
31	U20212MH2008PTC180898	JAWAHAR SAW MILLS PRIVATE LIMITED	Director	7/4/2008	7/4/2008	-	Active	NO
32	U45400MH2008PTC181368	ASSOCIATE TOWNSHIP BUILDERS PRIVATE LIMITED	Director	21/04/2008	21/04/2008	-	Active	NO
33	U45202MH2008PTC181367	ASSOCIATE GRIH NIRMAN PRIVATE LIMITED	Director	21/04/2008	21/04/2008	-	Active	NO
34	U70101MH1994PTC078627	SHAMIANA CONSTRUCTIONS PRIVATE LIMITED	Director	15/12/2008	15/12/2008	-	Active	NO
35	U70100MH2010PTC208682	ORIGIN VENTURE PRIVATE LIMITED	Director	6/10/2010	6/10/2010	-	Active	NO
36	U45402MH2010PTC208925	ASSOCIATE SHIVAM REALTY PRIVATE LIMITED	Director	13/10/2010	13/10/2010	-	Active	NO
37	U70102MH2010PTC206107	VIBRANT VENTURE PRIVATE LIMITED	Additional director	25/04/2012	25/04/2012	-	Active	NO
38	U70109MH2011PTC211968	ACCESS NIWAS CONSTRUCTION PRIVATE LIMITED	Director	5/7/2012	25/04/2012	-	Active	NO

Name :

Mr. Rajesh Manoharlal Agicha

Designation :

Director

Address :

The Agicha’s, 6, Perry Cross Road, Bandra (West), Mumbai- 400050, Maharashtra, India

Date of Birth/Age :

11.10.1970

Date of Appointment :

07.04.2008

DIN No.:

00478125

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	U20100MH1991PTC060280	ASSOCIATE PLYWOOD INDUSTRIES PRIVATE LIMITED	Director	13/02/1991	13/02/1991	-	Active	NO
2	U20299MH2006PTC163886	JAWAHAR WOOD TECH PRIVATE LIMITED	Director	17/07/2007	24/08/2006	-	Active	NO
3	U20212MH2008PTC180898	JAWAHAR SAW MILLS PRIVATE LIMITED	Director	7/4/2008	7/4/2008	-	Active	NO

Name :

Mr. Sidarrtha Srichand Agicha

Designation :

Director

Address :

The Agicha’s, 6, Perry Cross Road, Bandra (West), Mumbai- 400050, Maharashtra, India

Date of Birth/Age :

11.04.1982

Date of Appointment :

07.04.2008

DIN No.:

00481804

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	U20299MH2006PTC163886	JAWAHAR WOOD TECH PRIVATE LIMITED	Director	17/07/2007	24/08/2006	-	Active	NO
2	U20212MH2008PTC180898	JAWAHAR SAW MILLS PRIVATE LIMITED	Director	7/4/2008	7/4/2008	-	Active	NO
3	U20213KA2007PLC041502	ASSOCIATE DECOR LIMITED	Director	25/09/2009	25/09/2009	-	Active	NO
4	U70102MH2010PTC200284	NINE ALPHA AGRI-PARKS AND PROPERTIES PRIVATE LIMITED	Director	20/02/2010	20/02/2010	-	Active	NO
5	U45400MH2008PTC180655	ASSOCIATE HERITAGE RESTORATION AND INFRASTRUCTURE PROJECTS PRIVATE LIMITED	Director	30/09/2010	22/02/2010	-	Active	NO
6	U45205MH2005PTC151581	ASSOCIATE EXPRESSWAY REALTY PRIVATE LIMITED	Director	30/09/2010	22/03/2010	-	Active	NO
7	U45200MH1994PTC080135	ASSOCIATE NIWAS DEVELOPERS PRIVATE LIMITED	Director	30/09/2010	28/05/2010	-	Active	NO
8	U70102MH2010PTC206107	VIBRANT VENTURE PRIVATE LIMITED	Director	30/07/2010	30/07/2010	-	Active	NO
9	U70100MH2010PTC208682	ORIGIN VENTURE PRIVATE LIMITED	Director	6/10/2010	6/10/2010	-	Active	NO
10	U70102MH2011PTC211952	ACUTECH REALTY AND INFRA PROJECTS PRIVATE LIMITED	Director	6/1/2011	6/1/2011	-	Active	NO
11	U70102MH2011PTC211970	INTEGRATED ENCLAVE BUILDERS PRIVATE LIMITED	Director	7/1/2011	7/1/2011	-	Active	NO
12	U70109MH2011PTC211968	ACCESS NIWAS CONSTRUCTION PRIVATE LIMITED	Director	7/1/2011	7/1/2011	-	Active	NO
13	U70101MH2011PTC212070	SILVERSPARK ENCLAVE BUILDERS PRIVATE LIMITED	Director	10/1/2011	10/1/2011	-	Active	NO
14	U70102MH2011PTC213203	HIRISE TOWNSHIP AND GARDENS PRIVATE LIMITED	Director	9/2/2011	9/2/2011	-	Active	NO
15	U70102MH2011PTC213201	INNOVATIVE PROP AVENUES PRIVATE LIMITED	Director	9/2/2011	9/2/2011	-	Active	NO
16	U70102MH2011PTC213200	APEX PROPDEALS PRIVATE LIMITED	Director	9/2/2011	9/2/2011	-	Active	NO
17	U70102MH2011PTC213960	ABROTS INFRASTRUCTURE AND PARK DEVELOPMENT PRIVATE LIMITED	Director	24/02/2011	24/02/2011	-	Active	NO
18	U74999MH2011PTC215090	PRISKA HERITAGE RESTORATION PRIVATE LIMITED	Director	22/03/2011	22/03/2011	-	Active	NO
19	U74990MH2011PTC215451	BLUESCHIST CLASSICO HERITAGE RECONSTRUCTION PRIVATE LIMITED	Director	28/03/2011	28/03/2011	-	Active	NO
20	U74999MH2011PTC215450	DITTANY HOSPITALITY PRIVATE LIMITED	Director	28/03/2011	28/03/2011	-	Active	NO
21	U74900MH2011PTC215484	JONQUILLE TOURISM PRIVATE LIMITED	Director	29/03/2011	29/03/2011	-	Active	NO
22	U74900MH2011PTC215481	FORNAX TOURISM PRIVATE LIMITED	Director	29/03/2011	29/03/2011	-	Active	NO
23	U74900MH2011PTC215477	KINAVA HERITAGE RESTORATION PRIVATE LIMITED	Director	29/03/2011	29/03/2011	-	Active	NO
24	U74900MH2011PTC215646	ZARK TOURISM PRIVATE LIMITED	Director	1/4/2011	1/4/2011	-	Active	NO
25	U74120MH2011PTC215728	ANTHEA TOURISM PRIVATE LIMITED	Director	5/4/2011	5/4/2011	-	Active	NO
26	U74120MH2011PTC215739	ENZIAN HERITAGE RESTORATION PRIVATE LIMITED	Director	5/4/2011	5/4/2011	-	Active	NO
27	U74120MH2011PTC215737	TANZY HOSPITALITY PRIVATE LIMITED	Director	5/4/2011	5/4/2011	-	Active	NO
28	U74900MH2011PTC216232	PERIWINKLE HOSPITALITY PRIVATE LIMITED	Director	13/04/2011	13/04/2011	-	Active	NO
29	U74900MH2011PTC216449	PYROLITE TOURISM PRIVATE LIMITED	Director	20/04/2011	20/04/2011	-	Active	NO
30	U70200MH1989PTC052479	ASSOCIATE INFRATECH (INDIA) PRIVATE LIMITED	Director	30/09/2011	30/09/2011	-	Active	NO
31	U40101MH2005PTC151501	ASSOCIATE ENERGY PRIVATE LIMITED	Director	30/09/2011	30/09/2011	-	Active	NO
32	U70200MH2012PTC226484	NIYANTA REALTY PRIVATE LIMITED	Director	27/01/2012	27/01/2012	-	Active	NO
33	U70102MH2012PTC226483	NIYANTA INFRATECH PRIVATE LIMITED	Director	27/01/2012	27/01/2012	-	Active	NO
34	U74120MH2012PTC226481	NIYANTA HOSPITALITY PRIVATE LIMITED	Director	27/01/2012	27/01/2012	-	Active	NO
35	U45200MH2012PTC226784	NIYANTA ROAD TECH PRIVATE LIMITED	Director	11/2/2012	11/2/2012	-	Active	NO
36	U74120MH2012PTC231730	NIYANTA HOLDINGS PRIVATE LIMITED	Director	1/6/2012	1/6/2012	-	Active	NO

Name :

Mr. Ashok Sunderdas Agicha

Designation :

Director

Address :

The Agicha’s, 6, Perry Cross Road, Bandra (West), Mumbai- 400050, Maharashtra, India

Date of Birth/Age :

15.11.1954

Date of Appointment :

03.08.2009

DIN No.:

01238363

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	U20101MH1986PTC039719	ASSOCIATE LUMBERS PRIVATE LIMITED	Director	1/5/1986	1/5/1986	-	Active	NO
2	U70200MH1989PTC052479	ASSOCIATE INFRATECH (IDIAN) PRIVATE LIMITED	Director	15/07/1994	15/07/1994	-	Active	NO
3	U65990MH1994PTC079715	ASSOCIATE HOLDINGS PRIVATE LIMITED	Director	8/8/1994	8/8/1994	-	Active	NO
4	U01130MH1995PTC093416	ASSOCIATE PLANTATIONS PRIVATE LIMITED	Director	11/2/2005	11/2/2005	-	Active	NO
5	U40101MH2005PTC151501	ASSOCIATE ENERGY PRIVATE LIMITED	Director	22/02/2005	22/02/2005	-	Active	NO
6	U45205MH2005PTC151581	ASSOCIATE EXPRESSWAY REALTY PRIVATE LIMITED	Director	24/02/2005	24/02/2005	-	Active	NO
7	U55100GJ2004PTC045068	ASSOCIATE HIGH PRESSURE TECHNOLOGIES PRIVATE LIMITED	Director	13/08/2005	13/08/2005	-	Active	NO
8	U20213KA2007PLC041502	ASSOCIATE DECOR LIMITED	Director	19/02/2007	19/02/2007	-	Active	NO
9	U55101GJ2007PTC050098	A AND I HOSPITALITY PRIVATE LIMITED	Director	26/02/2007	26/02/2007	31/12/2010	Active	NO
10	U20212MH2008PTC180898	JAWAHAR SAW MILLS PRIVATE LIMITED	Director	30/09/2009	3/8/2009	-	Active	NO

Name :

Mr. Satish Sunderdas Agicha

Designation :

Director

Address :

The Agicha’s, 6, Perry Cross Road, Bandra (West), Mumbai- 400050, Maharashtra, India

Date of Birth/Age :

07.08.1957

Date of Appointment :

08.04.2008

DIN No.:

02137189

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	U20100MH1991PTC060280	ASSOCIATE PLYWOOD INDUSTRIES PRIVATE LIMITED	Director	13/02/1991	13/02/1991	-	Active	NO
2	U55100GJ2004PTC045068	ASSOCIATE HIGH PRESSURE TECHNOLOGIES PRIVATE LIMITED	Director	1/4/2008	1/4/2008	-	Active	NO
3	U20212MH2008PTC180898	JAWAHAR SAW MILLS PRIVATE LIMITED	Director	8/4/2008	8/4/2008	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2011

Names of Shareholders	No. of Shares
Amritibai Sunderdas Agicha Jointly with Ashok Sunderdas Agicha	286875
Abhishek Satish Agicha and Satish Sunderdas Agicha	6250
Aditya Satish Agicha and Satish Sunderdas Agicha	6250
Ashok Sunderdas Agicha and Satish Sunderdas Agicha	25625
Chandni Srichand Agicha / Srichand Satramdas Agicha	15000
Gaurav Manoharlal Agicha / Krishika Gaurav Agicha	106250
Gautam Prakash Agicha / Ashok Sunderdas Agicha	25000
Hriday R Agicha Jointly With Rajesh Manoharlal Agicha and Sakshi Rajesh Agicha	6250
Krishika Gaurav Agicha / Gaurav Manoharlal Agicha	12500
Manoharlal Agicha(HUF)	10000
Manoharlal Satramdas Agicha / Nanda Manoharlal Agicha	127500
Nanda Manoharlal Agicha / Manoharlal Satramdas Agicha	12500
Rajesh Manoharlal Agicha H.U.F	6250
Rajesh Manoharlal Agicha / Sakshi Rajesh Agicha	106250
Sakshi Rajesh Agicha / Rajesh Manoharlal Agicha	12500
Satish Agicha H.U.F	5625
Satish Sunderdas Agicha / Sweta Satish Agicha	138125
Sidarrtha Srichand Agicha / Srichand Satramdas Agicha	106250
Srichand S Agicha H.U.F	37500
Srichand Satramdas Agicha / Chandni Srichand Agicha	191250
Sweta Satish Agicha and Satish Srichand Agicha	6250
Total	1250000

As on 30.09.2011

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer and Trader of Timber Products.

Products :

Wood Raw Materials Timber: Teak wood, soft wood, decorative wood, etc. Plywood: Commercial plywood, marine plywood, film faced plywood, etc. Veneer Finished Products o Door Frames: Panel doors, skin doors, flush doors, etc. o Flooring o Door Frames, etc. Other Products: Dropper Bottles Glass Eye Droppers Glass Dropper Bottle Ball Neck Droppers Bend Neck Droppers Medicine Dropper Glass Bottles Squeeze Dropper Cosmetic Dropper Timber

GENERAL INFORMATION

Customers :

• Videocon
• Reliance Industries Limited
• Lodha
• Lanco Inspiring Groth
• ITC Limited
• Sobha
• K Raheja Corporation

No. of Employees :

115 (Approximately )

Bankers :

Corporation Bank – Mandvi Branch, 221/223 Samuel Street, Masjid, Mumbai - 400003, Maharashtra, India

Facilities :

Secured Loans	31.03.2011 (Rs. In Millions)	31.03.2010 (Rs. In Millions)
From Bank	399.437	363.433
From Others	0.107	0.508
Total	399.544	363.941
Unsecured Loans	31.03.2011 (Rs. In Millions)	31.03.2010 (Rs. In Millions)
Unsecured Loans	82.741	71.343
Total	82.741	71.343

Banking Relations :	--
Auditors :
Name :	Makhija and Associates Chartered Accountants
Address :	204, Rewa Chambers, 31, New Marine Lines (Behind Ayakar Bhawan), Mumbai – 400020, Maharashtra, India
Tel. No.:	91-22-22012313/ 22017431
Pan No.:	AAEPM5315Q
Associates/Subsidiaries :	· Jawahar Woodtech Private Limited · Associate Lumbers Private Limited · Associate Real Estate Private Limited · Associate Holdings Private Limited · Associate Exports

CAPITAL STRUCTURE

AS ON 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
2500000	Equity Share	Rs.10/- each	Rs.25.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
1250000	Equity Share	Rs.10/- each	Rs.12.500 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		12.500	12.500	12.500
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		44.532	32.706	23.409
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		57.032	45.206	35.909
LOAN FUNDS
1] Secured Loans		399.544	363.941	284.967
2] Unsecured Loans		82.741	71.343	83.117
TOTAL BORROWING		482.285	435.284	368.084
DEFERRED TAX LIABILITIES		1.020	0.686	0.713
TOTAL		540.337	481.176	404.706
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		124.030	108.088	80.066
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		0.000	0.000	0.000
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	179.009	147.294	139.184
	Sundry Debtors	234.321	192.918	204.229
	Cash & Bank Balances	50.367	18.965	32.195
	Other Current Assets	2.394	33.342	2.320
	Loans, Advances and Deposits	96.157	49.362	38.065
Total Current Assets		562.248	441.881	415.993
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	127.634	61.144	81.378
	Other Current Liabilities	12.829	3.607	7.044
	Provisions	5.600	4.225	3.175
Total Current Liabilities		146.063	68.976	91.597
Net Current Assets		416.185	372.905	324.396
MISCELLANEOUS EXPENSES		0.122	0.183	0.244
TOTAL		540.337	481.176	404.706

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income	684.559	637.785	487.988
		Other Income
		TOTAL	684.559	637.785	487.988
Less	EXPENSES
		Office Expenses	667.286	625.107
		Administrative Expenses			477.982
		Advertising Expenses
		TOTAL	667.286	625.107	477.982
	PROFIT BEFORE TAX		17.273	12.678	10.005
Less	TAX		NA	NA	3.887
	PROFIT AFTER TAX		NA	NA	6.118
	EARNINGS IN FOREIGN CURRENCY		NA	2.381	0.289
	Earnings Per Share (Rs.)		NA	NA	4.89

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	NA	NA	1.25
Return on Total Assets (PBT/Total Assets}	(%)	2.52	2.31	20.39
Return on Investment (ROI) (PBT/Networth)		0.30	0.28	0.28
Debt Equity Ratio (Total Liability/Networth)		11.02	11.15	12.80
Current Ratio (Current Asset/Current Liability)		3.85	6.41	4.54

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	Yes
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	Yes
10]	Designation of contact person	Yes
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	Yes
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	Yes

YEAR IN RETROSPECT

During the year total Income of the Company was Rs.684.559 Millions (Previous Year Rs, 637.785 Millions). The Directors are putting in their best efforts to improve the performance of the Company.

BUSINESS OPERATION

The global financial crisis had a significant impact on the economic environment across all industry sectors and markets. We maintained strong growth in our existing business. The Company has made a further Capital Investment in Plant and Machinery and Electric Installation amounting to Rs.6.317 Millions and there was also expansion In Factory building and shed amounting to Rs.11.901 Millions. We also started manufacturing of frames, doors, kitchen shutters, flooring, export of wooden items, Khalapur unit during the year under review. We expect that in coming years it will strengthen our business activities In Timber and other allied products. The company has also incurred an amount of Rs. 18.119 Millions as capital work in progress at Khalpaur unit. The Sawing activity of Nagpur unit was delayed during the year and has been started from July 2011 The company has also incurred an amount of Rs, 1.030 Millions as capital work in progress for Nagpur unit.

BANKERS CHARGES REPORT AS PER REGISTRY

Corporate identity number of the company	U20212MH2008PTC180898
Name of the company	JAWAHAR SAW MILLS PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	47, Victoria Road, Mustafa Bazar, Mumbai – 400010, Maharashtra, India E-mail id : info@jawahar.in
This form is for	Modification of charge
Charge identification (ID) number of the charge to be modified	10156320
Type of charge	· Immovable property · Book debts · Movable property (not being pledge) · Others (Current and fixed assets)
Particular of charge holder	Corporation Bank, Mandvi Branch, 221/223 Samuel Street, Masjid, Mumbai - 400003, Maharashtra, India Email: info@ca-adlalwani.com
Nature of instrument creating charge	1) supplemental comman deed of hypothecation of movables/assets/debts
Date of instrument Creating the charge	28.11.2011
Amount secured by the charge	Rs.632.500 Millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate Of Interest As Stipulated By Bank From Time To Time Terms Of Repayment As Stipulated By Bank From Time To Time Margin 5% (as applicable to existing LC limit) and/or as per stipulated by bank from time to time Extent And Operation Of The Charge First charge (present and future) = total limit Rs.632.500 Millions (Cash Credit/Import/Inland Letter of Credit/WCDL/FCDL/TRL/ECB/BG =Rs.576.000 Millions, Term Loan=Rs.56.500 Millions) and/or as stipulated by bank from time to time Other As Stipulated By Bank From Time To Time
Short particulars of the property charged (Including location of the property)	FIRST CHARGE(PRESENT & FUTURE ON FOLLOWING ASSETS) (1)Hypothecation of all stock / goods / inventory / products / store / tools kept at borrower place / premises / factory / godown/sites etc or whereeverelse or in transit including goods bought under L/C (2)Hypothecation of all book debts and receivables (3)Hypothecation of all current, movable & fixed assets including plant and machinery & other movable assets and hypothecation of all the assets purchased out of bank finance (4)EMG of plot of land bearing S.No.47/4 (B) Adm.0-20.0 H.R Area, S. No 50/1, Adm. 0.91.2 H R Area S.No.51/1, Adm. 0.38.5 H.R Area, 51/2, 51/3, Savroli Kharpada Road, Village Dhamani, Taluka Khalapur District Raigad - 410 202 and Building Thereon
	31.12.2010
Particulars of the present modification	By this modification limit enhanced to Rs.632.500 Millions (Cash Credit/Import/Inland Letter of Credit/WCDL/FCDL/TRL/ECB/BG =Rs.576.000 Millions ,Term Loan=Rs.56.500 Millions)

FIXED ASSETS:

· Land

· Office Gala

· Shed

· Factory Building

· Plant and Machinery

· Office Equipment

· Furniture and Fixture

· Motor Care

· Vehicles

· Motor Cycle

· Computers and Software

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.56.08
UK Pound	1	Rs.87.03
Euro	1	Rs.68.36

INFORMATION DETAILS

Information Gathered by :	SVA
Report Prepared by :	NTH

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	5
--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	YES
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		45

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.