MIRA INFORM REPORT

Report Date :

13.09.2012

IDENTIFICATION DETAILS

Name :	BSCPL INFRASTRUCTURE LIMITED
Formerly Known As :	B. SEENAIAH AND COMPANY (PROJECTS) LIMITED
Registered Office :	M. No. 8-2-502/1/A, JIVI Towers, Road No. 7, Banjara Hills, Hyderabad 500034, Andhra Pradesh
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	31.03.1998
Com. Reg. No.:	029154
Capital Investment / Paid-up Capital :	Rs. 248.573 Millions
CIN No.: [Company Identification No.]	U45203AP1998PLC029154
TAN No.: [Tax Deduction & Collection Account No.]	HYDB00839G
PAN No.: [Permanent Account No.]	AAACB8316K
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Construction of Buildings and Roads
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

A (59)

RATING		STATUS	PROPOSED CREDIT LINE
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

Maximum Credit Limit :	USD 26597000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is a well established and reputed company having fine track. General Financial position of the company appears to be sound. However, trade relations are reported as fair. Business is active. Payments are reported to be regular and as per commitments. The company can be considered good 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	ICRA
Rating	Term loans : A
Rating Explanation	Adequate degree of safety and low credit risk
Date	July 2012

Rating Agency Name	ICRA
Rating	Fund based limits : A
Rating Explanation	Adequate degree of safety and low credit risk
Date	July 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.

LOCATIONS

Registered Office :	M. No. 8-2-502/1/A, JIVI Towers, Road No. 7, Banjara Hills, Hyderabad 500034, Andhra Pradesh, India
Tel. No.:	91-40-23307704 / 23307831 / 23303663
Fax No.:	91-40-23307385
E-Mail :	bhaskar@bscpl.net bscpl@satyam.net.in
Website :	www.bscpl.net
Branch :	Ambhanilaya Sampige Road, Near Gandhi Circle Channarayapatna Dist Hassan 573116, Karnataka, India

DIRECTORS

AS ON 21.09.2011

Name :

Mr. Bollineni Krishnaiah

Designation :

Chairman

Address :

8-2-546/2, Road No. 7, Banjara Hills, Hyderabad – 500034, Andhra Pradesh, India

Date of Birth/Age :

01.07.1943

Qualification :

B.E, M.E

Date of Appointment :

18.05.2005

DIN No.:

00025094

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	U67120AP1995PLC019607	AISHU DERAMLANDS LIMITED	Director	06/03/1995	06/03/1995	09/11/2011	Active	NO
2	U65990AP1996PTC024377	KRISHNAIAH PROJECTS PRIVATE LIMITED	Director	17/06/1996	17/06/1996	-	Active	NO
3	U45400AP1997PLC027901	BOLLINENI CASTINGS AND STEEL LIMITED	Director	08/09/1997	08/09/1997	30/08/2010	Active	NO
4	U55101AP1973PLC040558	KRISHNA INSTITUTE OF MEDICAL SCIENCES LIMITED	Whole-time director	01/04/2009	15/11/2002	-	Active	NO
5	U72200AP2000PLC034589	E TALENT SOFTWARE LIMITED	Director	23/12/2002	23/12/2002	-	Strike off	NO
6	U01110AP2001PTC036979	GENOVA BIOTECHNIQUES PRIVATE LIMITED	Director	18/01/2003	18/01/2003	11/11/2009	Active	NO
7	U99999AP1973PTC001575	CHEBROLU HANUMAIAH AND BROTHERS PRIVATE LIMITED	Director	01/10/2004	01/10/2004	-	Active	NO
8	U45203AP1998PLC029154	BSCPL INFRASTRUCTURE LIMITED	Whole-time director	01/04/2009	18/05/2005	-	Active	NO
9	U73100AP2000PLC035034	AMAR BIO-TECH LIMITED	Director	18/08/2005	18/08/2005	-	Active	NO
10	U65990AP1996PLC024371	BOLLINENI DEVELOPERS LIMITED	Director	06/02/2006	06/02/2006	-	Active	NO
11	U45200AP2006PLC052111	BSCPL INFRA PROJECTS LIMITED	Director	26/12/2006	26/12/2006	-	Active	NO
12	U60231HR2007PLC036579	BSC- C AND C- KURALI TOLL ROAD LIMITED.	Director	02/02/2007	02/02/2007	-	Active	NO
13	U45200AP2007PTC052602	KRISHNAIAH DREAMLANDS PRIVATE LIMITED	Director	05/02/2007	05/02/2007	05/03/2012	Active	NO
14	U70102AP2007PLC052613	BSCPL REALTY LIMITED	Director	05/02/2007	05/02/2007	-	Strike off	NO
15	U70102AP2007PTC052773	ANITHA HOUSING PRIVATE LIMITED	Director	14/02/2007	14/02/2007	05/07/2012	Active	NO
16	U70102AP2007PTC053070	AISHU AVENUES PRIVATE LIMITED	Director	09/03/2007	09/03/2007	20/12/2011	Active	NO
17	U70102AP2007PTC053628	KRISHNAIAH HOME FIELDS PRIVATE LIMITED	Director	17/04/2007	17/04/2007	21/02/2012	Active	NO
18	U70102AP2007PTC053630	BDL BEEKAY AVENUES PRIVATE LIMITED	Director	17/04/2007	17/04/2007	-	Active	NO
19	U70102AP2007PTC053642	BRN AVENUES PRIVATE LIMITED	Director	17/04/2007	17/04/2007	-	Strike off	NO
20	U70102AP2007PTC053663	BEEKAY DREAMLANDS PRIVATE LIMITED	Director	19/04/2007	19/04/2007	06/02/2012	Active	NO
21	U70102AP2007PTC054174	BRN HOUSING PRIVATE LIMITED	Director	29/05/2007	29/05/2007	-	Strike off	NO
22	U85110AP2000PLC034973	RELIANCE MEDICARE LIMITED	Additional director	12/08/2007	12/08/2007	-	Active	NO
23	U45202TN2007PTC063769	KANDAMANGALAM PROJECTS PRIVATE LIMITED	Nominee director	23/08/2007	23/08/2007	-	Strike off	NO
24	U45400TN2007PTC064811	SRI BK AND BS REALTORS PRIVATE LIMITED	Director	19/09/2007	19/09/2007	-	Active	NO
25	U45400TN2007PTC064832	AISHU REALTORS PRIVATE LIMITED	Director	20/09/2007	20/09/2007	04/03/2008	Active	NO
26	U45201TN2007PTC064838	SRI BKN ESTATES PRIVATE LIMITED	Director	21/09/2007	21/09/2007	04/03/2008	Active	NO
27	U45202TN2007PTC064837	SRI KRISHNAIAH PROPERTY DEVELOPERS PRIVATE LIMITED	Director	21/09/2007	21/09/2007	04/03/2008	Active	NO
28	U45200TN2007PTC065746	BDL ARCADES PRIVATE LIMITED	Director	17/12/2007	17/12/2007	04/03/2008	Active	NO
29	U45200TN2007PTC065805	SRI BDL REAL ESTATES PRIVATE LIMITED	Director	20/12/2007	20/12/2007	-	Active	NO
30	U40105AP2007PTC056829	BSCPL-SCL-SIKKIM POWER PRIVATE LIMITED	Director	24/12/2007	24/12/2007	-	Strike off	NO
31	U45209TN2007PTC065836	SRI BDL PROPERTIES PRIVATE LIMITED	Director	26/12/2007	26/12/2007	-	Active	NO
32	U45200TN2007PTC065827	BDL HOME FIELDS PRIVATE LIMITED	Director	26/12/2007	26/12/2007	04/03/2008	Active	NO
33	U45200TN2008PTC066195	BDL PROJECTS PRIVATE LIMITED	Director	25/01/2008	25/01/2008	04/03/2008	Active	NO
34	U36935TN2009NPL072483	TRADITIONAL BHARAT KALA ARTS AND CRAFTS	Director	05/08/2009	05/08/2009	-	Active	NO
35	U27107AP1997PLC027072	AISHU CASTINGS LIMITED	Director	20/09/2010	22/02/2010	-	Active	NO
36	U70102AP2007PTC054175	SUJATHA ARCADES PRIVATE LIMITED	Director	30/09/2010	20/03/2010	14/06/2012	Active	NO
37	U45200AP2010PLC068804	MOKAMA - MUNGER HIGHWAY LIMITED	Director	29/09/2011	11/07/2011	-	Active	NO
38	U45200AP2011PLC076736	BSCPL AURANG TOLLWAY LIMITED	Director	27/09/2011	27/09/2011	-	Active	NO

Name :

Mr. Bollineni Seenaiah

Designation :

Managing director

Address :

8-2-293/82/A/422, Road No. 19, Jubilee Hills, Hyderabad – 500033, Andhra Pradesh, India

Date of Birth/Age :

01.07.1951

Qualification :

B. Sc.

Date of Appointment :

31.03.1998

DIN No.:

00496623

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	U27107AP1997PLC027072	AISHU CASTINGS LIMITED	Director	09/05/1997	09/05/1997	-	Active	NO
2	U45400AP1997PLC027901	BOLLINENI CASTINGS AND STEEL LIMITED	Managing director	08/09/1997	08/09/1997	01/02/2010	Active	NO
3	U45203AP1998PLC029154	BSCPL INFRASTRUCTURE LIMITED	Managing director	01/04/2012	31/03/1998	-	Active	NO
4	U99999AP1973PTC001575	CHEBROLU HANUMAIAH AND BROTHERS PRIVATE LIMITED	Director	01/10/2004	01/10/2004	-	Active	NO
5	U45200AP2006PLC052111	BSCPL INFRA PROJECTS LIMITED	Managing director	01/02/2011	26/12/2006	-	Active	NO
6	U60231HR2007PLC036579	BSC- C AND C- KURALI TOLL ROAD LIMITED.	Director	02/02/2007	02/02/2007	-	Active	NO
7	U70102AP2007PLC052613	BSCPL REALTY LIMITED	Director	05/02/2007	05/02/2007	-	Strike off	NO
8	U45200AP2007PTC052891	HARINI HOUSING PRIVATE LIMITED	Director	21/02/2007	21/02/2007	-	Strike off	NO
9	U45200AP2007PTC052879	YAMUNA HOUSING PRIVATE LIMITED	Director	21/02/2007	21/02/2007	-	Strike off	NO
10	U45200AP2007PTC052886	SEENAIAH HOME FIELDS PRIVATE LIMITED	Director	21/02/2007	21/02/2007	-	Strike off	NO
11	U45200AP2007PTC052949	SANDEEP RESORTS PRIVATE LIMITED	Director	23/02/2007	23/02/2007	-	Strike off	NO
12	U70102AP2007PTC053640	BEEYES AVENUES PRIVATE LIMITED	Director	17/04/2007	17/04/2007	-	Strike off	NO
13	U70102AP2007PTC053657	SEENAIAH DREAMLANDS PRIVATE LIMITED	Director	18/04/2007	18/04/2007	-	Strike off	NO
14	U70102AP2007PTC053895	BEEYES DREAMLANDS PRIVATE LIMITED	Director	09/05/2007	09/05/2007	-	Strike off	NO
15	U45400AP2007PTC054110	HARINI AVENUES PRIVATE LIMITED	Director	23/05/2007	23/05/2007	-	Strike off	NO
16	U45400TN2007PTC064811	SRI BK AND BS REALTORS PRIVATE LIMITED	Director	19/09/2007	19/09/2007	04/03/2008	Active	NO
17	U45400TN2007PTC064832	AISHU REALTORS PRIVATE LIMITED	Director	20/09/2007	20/09/2007	-	Active	NO
18	U74999AP1993PLC016319	AISHU PROJECTS LIMITED	Director	23/09/2008	31/10/2007	03/10/2011	Active	NO
19	U45200TN2007PTC065746	BDL ARCADES PRIVATE LIMITED	Director	17/12/2007	17/12/2007	28/03/2008	Active	NO
20	U45200TN2007PTC065804	SRI BDL DHATRI DEVELOPERS PRIVATE LIMITED	Director	20/12/2007	20/12/2007	-	Active	NO
21	U67120AP1995PLC019607	AISHU DERAMLANDS LIMITED	Director	24/12/2007	24/12/2007	09/11/2011	Active	NO
22	U45200TN2007PTC065832	BDL HOUSING PRIVATE LIMITED	Director	26/12/2007	26/12/2007	04/03/2008	Active	NO
23	U45200TN2007PTC065830	BDL AVENUES PRIVATE LIMITED	Director	26/12/2007	26/12/2007	04/03/2008	Active	NO
24	U45200TN2007PTC065828	BDL INFRASTRUCTURE PRIVATE LIMITED	Director	26/12/2007	26/12/2007	04/03/2008	Active	NO
25	U45209TN2008PTC066117	SRI BDL DREAMLANDS PRIVATE LIMITED	Director	21/01/2008	21/01/2008	-	Active	NO
26	U72200AP2000PLC034589	E TALENT SOFTWARE LIMITED	Director	25/01/2008	25/01/2008	-	Strike off	NO
27	U45200TN2008PTC066195	BDL PROJECTS PRIVATE LIMITED	Director	25/01/2008	25/01/2008	-	Active	NO
28	U17122AP2008PLC058193	COSMOS COTTON INDIA LIMITED	Director	15/03/2008	15/03/2008	08/02/2011	Active	NO
29	U27100AP2008PLC060476	BOLLINENI SPONGE IRON LIMITED	Director	05/08/2008	05/08/2008	-	Strike off	NO
30	U70102TN2008PTC068869	APL REAL ESTATES PRIVATE LIMITED	Director	14/08/2008	14/08/2008	-	Strike off	NO
31	U45209AP2010PLC066757	BSCPL GODHRA TOLLWAYS LIMITED	Director	21/01/2010	21/01/2010	-	Active	NO
32	U45203AP2010PLC068791	SIMHAPURI EXPRESSWAY LIMITED	Director	04/06/2010	04/06/2010	-	Active	NO
33	U45200AP2010PLC068804	MOKAMA - MUNGER HIGHWAY LIMITED	Director	07/06/2010	07/06/2010	-	Active	NO
34	U45203HR2010PLC040958	NORTH BIHAR HIGHWAY LIMITED.	Director	27/07/2010	27/07/2010	-	Active	NO
35	U45203AP2011PLC072503	PATNA BAKHTIYARPUR TOLLWAY LIMITED	Director	04/02/2011	04/02/2011	-	Active	NO
36	U45200AP2011PLC076736	BSCPL AURANG TOLLWAY LIMITED	Director	27/09/2011	27/09/2011	-	Active	NO

Name :

Mr. Rajiv Devinder Sahney

Designation :

Director

Address :

6, Manavi Apartments, 36 Ridge Road, Mumbai – 400006, Maharashtra, India

Date of Birth/Age :

06.09.1962

Qualification :

B.Sc., MBA

Date of Appointment :

05.06.2006

DIN No.:

00022896

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	U32109MH1966PTC013516	SAHNEY KIRKWOOD PRIVATE LIMITED	Director	01/02/1992	01/02/1992	03/07/2007	Active	NO
2	U24110MH1982PTC026499	ISOVOLTA (INDIA) PRIVATE LIMITED	Director	11/09/1992	11/09/1992	-	Active	NO
3	U74900MH1978PTC020600	KANWALDEEP SAHNEY ADVISORY PRIVATE LIMITED	Director	01/09/1994	01/09/1994	03/07/2007	Converted to LLP and dissolved	NO
4	U52190KA1987PTC008214	SAHNEY COMMUTATORS PRIVATE LIMITED	Director	08/08/1997	08/08/1997	-	Active	NO
5	U74140MH2001PTC133168	MEDUSIND SOLUTIONS INDIA PRIVATE LIMITED	Director	02/09/2002	02/09/2002	-	Active	NO
6	U74140MH2004PTC146033	N V ADVISORY SERVICES PRIVATE LIMITED	Director	21/07/2005	21/07/2005	-	Active	NO
7	U28920MH1988PTC047335	VARROC ENGINEERING PRIVATE LIMITED	Director	30/09/2006	23/12/2005	21/12/2010	Active	NO
8	U45203AP1998PLC029154	BSCPL INFRASTRUCTURE LIMITED	Director	28/09/2006	05/06/2006	-	Active	NO
9	U74140MH1997NPL111167	YOUNG PRESIDENTS ORGANIZATION (MUMBAI CHAPTER)	Director	01/07/2006	01/07/2006	01/07/2008	Active	NO
10	L63010MH2004PLC073508	ALLCARGO LOGISTICS LIMITED	Director	29/09/2006	21/08/2006	09/08/2010	Active	NO
11	U25209MH1995PTC090037	VARROC POLYMERS PRIVATE LIMITED	Director	25/06/2008	25/06/2008	21/12/2010	Active	NO
12	U74999MH2008NPL185159	INTERNATIONAL WINE AND FOOD SOCIETY	Director	28/07/2008	28/07/2008	02/08/2009	Active	NO
13	U52300MH2010PTC210618	MITIGATE TRADING PRIVATE LIMITED	Additional director	10/02/2011	10/02/2011	11/02/2011	Active	NO
14	U70102MH2011PTC219551	RAE REAL ESTATE PRIVATE LIMITED	Director	07/07/2011	07/07/2011	-	Active	NO
15	U70102MH2011PTC223507	NURA REAL ESTATE PRIVATE LIMITED	Director	31/10/2011	31/10/2011	-	Active	NO
16	U91990MH2011NPL225012	YPO WPO SOUTH ASIA CHAPTER	Director	16/12/2011	16/12/2011	-	Active	NO
17	U70102MH2011PTC225340	MRARA REAL ESTATE PRIVATE LIMITED	Director	23/12/2011	23/12/2011	-	Active	NO
18	U70102MH2012PTC233056	NV PUNE ESTATE PRIVATE LIMITED	Director	06/07/2012	06/07/2012	-	Active	NO
19	U70102MH2012PTC233158	NV PUNE TECHNOLOGY PARK PRIVATE LIMITED	Director	09/07/2012	09/07/2012	-	Active	NO
20	U70102MH2012PTC233245	NV TECH SPACES PRIVATE LIMITED	Director	11/07/2012	11/07/2012	-	Active	NO
21	U70102MH2012PTC233501	NV KHARADI PROJECTS PRIVATE LIMITED	Director	18/07/2012	18/07/2012	-	Active	NO
22	AAA-0551	NV CAPITAL SERVICES LLP	Designated Partner	30/12/2009	30/12/2009	-	Active	NO
23	AAA-5138	RAJIV SAHNEY ADVISORY LLP	Designated Partner	10/06/2011	10/06/2011	-	Active	NO
24	AAA-5140	KANWALDEEP SAHNEY ADVISORY LLP	Designated Partner	10/06/2011	10/06/2011	-	Active	NO
25	AAA-7334	MINICON INSULATED WIRES LLP	Designated Partner	19/12/2011	19/12/2011	-	Active	NO

Name :

Mr. Sivaraman Narayanaswami

Designation :

Director

Address :

Flat No. 43, Kalpataru Res Tower A, Sion East, Mumbai – 400022, Maharashtra, India

Date of Birth/Age :

12.04.1958

Qualification :

B.Com, CA

Date of Appointment :

24.12.2007

DIN No.:

00001747

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	U67190MH2000PLC125653	L & T CAPITAL COMPANY LIMITED	Director	06/04/2000	06/04/2000	23/12/2010	Active	NO
2	U31101WB1997PLC083434	HPL COGENERATION LIMITED	Director	23/12/2000	23/12/2000	06/05/2008	Amalgamated	NO
3	U65910MH1997PLC108179	L&T FINCORP LIMITED	Director	24/01/2001	24/01/2001	-	Active	NO
4	U74210KA2004PLC035094	LANDT-VALDEL ENGINEERING LIMITED	Director	05/04/2005	05/04/2005	29/10/2010	Active	NO
5	U51900MH2000PTC126692	PENINSULA CROSSROADS PRIVATE LIMITED	Nominee director	05/09/2005	05/09/2005	22/03/2011	Active	NO
6	U65990MH1994PLC083147	L & T FINANCE LIMITED	Director	16/03/2006	16/03/2006	-	Active	NO
7	U67190TN2006PLC059527	L&T INFRASTRUCTURE FINANCE COMPANY LIMITED	Director	18/04/2006	18/04/2006	-	Active	NO
8	U31401UR2006PLC032329	L & T UTTARANCHAL HYDROPOWER LIMITED	Director	13/11/2006	13/11/2006	28/06/2010	Active	NO
9	U65993TN2001PLC046691	L&T INFRASTRUCTURE DEVELOPMENT PROJECTS LIMITED	Director	16/04/2007	16/04/2007	03/12/2010	Active	NO
10	U40101MH2007PLC174071	L&T POWER DEVELOPMENT LIMITED	Director	12/09/2007	12/09/2007	20/04/2010	Active	NO
11	U45203AP1998PLC029154	BSCPL INFRASTRUCTURE LIMITED	Director	27/12/2007	24/12/2007	-	Active	NO
12	U66030MH2007PLC177117	L&T GENERAL INSURANCE COMPANY LIMITED	Director	27/12/2007	27/12/2007	-	Active	NO
13	U74200MH2007PLC176358	L&T REALTY LIMITED	Director	10/07/2008	25/03/2008	06/05/2010	Active	NO
14	U74899DL1990PTC040630	FEEDBACK INFRASTRUCTURE SERVICES PRIVATE LIMITED	Director	24/07/2008	28/03/2008	17/04/2012	Active	NO
15	U67120MH2008PLC181833	L&T FINANCE HOLDINGS LIMITED	Whole-time director	25/10/2010	01/05/2008	-	Active	NO
16	U74990MH2009PTC193936	L&T TRUSTEE COMPANY PRIVATE LIMITED	Director	09/07/2009	09/07/2009	-	Active	NO
17	U45200AP2003PLC041893	NAC INFRASTRUCTURE EQUIPMENT LIMITED	Director	30/09/2009	25/08/2009	-	Active	NO
18	U65991MH1996PLC229572	L&T INVESTMENT MANAGEMENT LIMITED	Director	16/08/2010	20/01/2010	21/08/2012	Active	NO
19	U65923MH2011PTC218046	L&T INFRA INVESTMENT PARTNERS ADVISORY PRIVATE LIMITED	Director	30/05/2011	30/05/2011	-	Active	NO
20	U65910TN2011PLC081100	L&T UNNATI FINANCE LIMITED	Director	16/06/2011	16/06/2011	-	Active	NO

Name :

Mr. Murali Krishna Parvathaneni

Designation :

Director

Address :

5-9-22/1, Adarsh Nagar, Hyderabad – 500063, Andhra Pradesh, India

Date of Birth/Age :

17.07.1951

Date of Appointment :

16.09.2011

DIN No.:

00852349

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	U65993AP1985PLC005885	ULTRA-REACH FINANCE COMPANY LIMITED	Director	17/10/1985	17/10/1985	-	Active	NO
2	U29309AP1986PTC006838	LAKSHMI REAL ESTATES PRIVATE LIMITED	Director	07/10/1986	07/10/1986	-	Active	NO
3	U65993AP1987PTC007931	SHAI-LA INVESTMENT AND FINANCIAL CONSULTANTS PRIVATE LIMITED	Director	06/11/1987	06/11/1987	-	Active	NO
4	U01122AP1988PTC008321	ULTRA-SEEDTECH (INDIA) PRIVATE LIMITED	Director	18/02/1988	18/02/1988	-	Active	NO
5	U01222AP1994PLC008425	ULTRA-REACH AGRIMARKETS LIMITED	Director	01/01/1994	01/01/1994	-	Active	NO
6	U74140AP1995PTC020337	INTER ASIA CONSULTANTS PRIVATE LIMITED	Director	15/05/1995	15/05/1995	-	Active	NO
7	U67120AP1995PLC020736	QUEST FIN-SEC MARKETS LIMITED	Director	16/06/1995	16/06/1995	-	Active	NO
8	U67120AP1995PTC022442	SHAI-LA SECURITIES PRIVATE LIMITED	Director	01/12/1995	01/12/1995	-	Active	NO
9	U74899DL1993PTC051811	M L INFOMAP PRIVATE LIMITED	Director	05/01/2000	05/01/2000	-	Active	NO
10	U45203AP1998PLC029154	BSCPL INFRASTRUCTURE LIMITED	Director	21/09/2011	16/09/2011	-	Active	NO
11	U45200AP2006PLC052111	BSCPL INFRA PROJECTS LIMITED	Additional director	17/09/2011	17/09/2011	-	Active	NO
12	AAB-0922	PROFARM HYBREED SEED LLP	Body corporate as Designated Partner	29/08/2012	29/08/2012	-	Active	NO

Name :

Mr. Ashoke Joshi

Designation :

Director

Address :

Flat No. 3A, Amber Valley Apartments, 13 Spur Tank Road, Chennai – 600031, Tamilnadu, India

Date of Birth/Age :

05.09.1943

Date of Appointment :

16.09.2011

DIN No.:

01531318

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	U28112TN2004PTC053235	LYSAGHT TAPERLINE POLES PRIVATE LIMITED	Additional director	01/06/2007	01/06/2007	08/05/2008	Active	NO
2	U28112TN2004PTC053236	LCP BUILDING PRODUCTS PRIVATE LIMITED	Additional director	01/06/2007	01/06/2007	08/05/2008	Active	NO
3	U45203AP1998PLC029154	BSCPL INFRASTRUCTURE LIMITED	Director	21/09/2011	16/09/2011	-	Active	NO
4	U65923AP2001PLC036283	ASMITHA MICROFIN LIMITED	Director	27/06/2012	27/06/2012	-	Active	NO

Name :

Mr. Amitabha Guha

Designation :

Director

Address :

Flat No. C1, Plot No. 219, Road No. 10, Millenium House, Banjara Hills, Hyderabad – 500034, Andhra Pradesh, India

Date of Birth/Age :

10.11.1948

Date of Appointment :

16.09.2011

DIN No.:

02836707

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	U91110MH1928GAP001391	INDIAN INSTITUTE OF BANKING AND FINANCE	Director	11/09/2004	11/09/2004	27/01/2009	Active	NO
2	U72200AP2000PLC035176	MAPWORLD TECHNOLOGIES LIMITED	Director	20/09/2010	11/02/2010	23/02/2011	Active	NO
3	U24239AP2005PLC047307	VIJAYASRI ORGANICS LIMITED	Director	17/09/2010	19/05/2010	-	Active	NO
4	L65191KL1929PLC001017	THE SOUTH INDIAN BANK LIMITED	Director	15/07/2011	31/08/2010	-	Active	NO
5	L25209WB1997PLC085972	XPRO INDIA LIMITED	Director	11/08/2011	24/03/2011	-	Active	NO
6	U45209AP2001PLC037861	GANGAVARAM PORT LIMITED	Director	31/08/2011	02/04/2011	-	Active	NO
7	U45203AP1998PLC029154	BSCPL INFRASTRUCTURE LIMITED	Director	21/09/2011	16/09/2011	-	Active	NO

Name :

Mr. Kameswara Rao Bhagwati

Designation :

Director

Address :

1-1-380/38, Ashok Nagar Extension, Ashok Nagar, Hyderabad – 500020, Andhra Pradesh, India

Date of Birth/Age :

15.08.1931

Date of Appointment :

16.09.2011

DIN No.:

01471253

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	U45200AP1981PLC038986	PROGRESSIVE CONSTRUCTIONS LIMITED	Managing director	27/06/1989	27/06/1989	24/03/2010	Active	NO
2	U85110DL2002PLC117897	PCL - JDRC JOINT VENTURE LIMITED	Director	04/12/2002	04/12/2002	30/09/2004	Active	NO
3	U55101AP1973PLC040558	KRISHNA INSTITUTE OF MEDICAL SCIENCES LIMITED	Director	28/08/2007	30/12/2006	-	Active	NO
4	U45200AP2006PLC051512	RANGARAYA CONSTRUCTIONS LIMITED	Director	30/09/2010	24/03/2010	-	Active	NO
5	U45203AP1998PLC029154	BSCPL INFRASTRUCTURE LIMITED	Director	21/09/2011	16/09/2011	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Bandaru Subramanya Bhaskar
Designation :	Secretary
Address :	12-2-823/A/1/12, Maruthi Nagar, Mehdipatnam, Hyderabad – 500028, Andhra Pradesh, India
Date of Birth/Age :	20.06.1965
Date of Appointment :	01.07.2006
PAN No.:	ABYPB0147L
Name :	Mr. Ramesh
Designation :	Accountant

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 21.09.2011

Names of Shareholders	No. of Shares
Bollineni Krishnaiah	2280000
Bollineni Seenaiah	4847180
B Bhaskara Rao	1200000
T Dayakar	200000
Ch Janardhana Rao	52742
B Sujatha	2361450
D Anitha	1500000
T Lalithamma	500000
D Lakshmi Kanthamma	751434
B Aishwarya	1909672
B Yamuna	1242870
B Sandeep	1103170
New Vernon Private Equity Limited	2836878
Tattersalls Limited	475000
Tiger Veda Bharat	943440
LB India Holdings Mauritius Limited, Mauritius	732984
Amansa Investments Limited	436300
L and T Capital Company Limited	611616
L and T Infrastructure Finance Company Limited	436300
Infrastructure Development Finance Company Limited	436300
Total	24857336

AS ON 21.09.2011

Equity Share Breakup	Percentage of Holding
Category
Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others]	21.82
Bodies corporate	5.97
Directors or relatives of directors	72.21
Total	100.00

BUSINESS DETAILS

Line of Business :

Construction of Buildings and Roads

PRODUCTION STATUS (AS ON 31.03.2010)

Particulars	Unit	Licensed Capacity	Installed Capacity	Actual Production
Crushing Activity	Qty in MT	N.A.	3132360	1071740

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

· ICICI Bank Limited, ICICI Bank Towers, Plot No. 12, Nanakramguda, Serilingampally, Hyderabad 500032, Andhra Pradesh, India

· Abu Dhabi Commercial Bank

· Vijaya Bank, Public Gardens Road Branch, Near Andhra Pradesh Assembly, Hyderabad 500001, Andhra Pradesh, India

Facilities :

Secured Loans	31.03.2011	31.03.2010
	(Rs. In Millions)
Rupee Term Loans Banks Secured	4515.534	1576.555
Working Capital Loans Bank Secured	2740.752	3250.123
Loans Taken for Vehicles Secured	18.716	64.474
Other Debt Secured	424.919	1161.027
Total	7699.921	6052.179
Unsecured Loans	31.03.2011	31.03.2010
	(Rs. In Millions)
Working Capital Loans Other Unsecured	0.000	400.000
Other Debt Unsecured	1549.700	353.573
Total	1549.700	753.573

Banking Relations :	--
Auditors 1 :
Name :	Walker Chandiok and Company Chartered Accountants
Address :	3^rd Floor, Uptown Banjara Road, No. 3, BAnjara Hills, Hyderabad - 500034, Andhra Pradesh, India
PAN No.:	AAAFW4298E
Auditors 2 :
Name :	Anjaneyulu and Company Chartered Accountants
Address :	30, Bhagyalakshmi Nagar, Kawadiguda, Hyderabad - 500080, Andhra Pradesh, India
PAN No.:	AAGFA1840E
Subsidiaries :	1) BSCPL International FZE 2) BSCPL Realty Limited 3) BSCPL Infra Projects Limited [U45200AP2006PLC052111]
Subsidiaries of BSCPL Infra Projects Limited:	1) BSCPL Godhra Tollways Limited 2) BSC-C and C Kurali Toll Road Limited [U60231HR2007PLC036579]
Joint ventures of BSCPL International FZE:	1) Green Desert Ventures Limited, Dubai 2) Green Desert Ventures Inc., Bahamas 3) Progressive International Holdings Inc., British Virgin Islands
Joint Ventures (JV):	1) BSC – C and C (JV) 2) BSC-RBM-PATI (JV) 3) Madhava Hytech – BSCPL (JV) 4) HES-BSCPL (JV) 5) SOMA –BSCPL (JV) 6) BSCPL- SCL (JV) 7) SCL-BSCPL (JV) 8) BSC-KGLC (JV) 9) CR18G-BSCPL (JV) 10) BSC-C and C(JV) Nepal Private Limited 11) BSCPL-KGLC Airport JV 12) BSCPL- KMC- Oriental JV 13) Mokama – Munger Highway Limited [U45200AP2010PLC068804] 14) North Bihar Highway Limited [U45203HR2010PLC040958]
Joint venture of BSCPL Infra Projects Limited:	1) Simhapuri Expressway Limited
Companies owned by or where significant influence exercised by Key Management Personnel (KMP) or their relatives:	1) Bollineni Castings and Steels Limited 2) Bollineni Developers Limited 3) Aishu Castings Limited 4) Aishu Projects Limited 5) Amar Biotech Limited 6) Krishna Institute of Medical Sciences Limited (KIMS) 7) Bollineni Family Trust

CAPITAL STRUCTURE

AS ON 21.09.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
40,000,000	Equity Shares	Rs. 10/- each	Rs. 400.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
24,857,336	Equity Share	Rs.10/- each	Rs. 248.573 Millions

AS ON 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
30000000	Equity Shares	Rs. 10 each	Rs.300.000 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
24857336	Equity Shares	Rs. 10 each	Rs.248.573 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		248.573	124.286	124.286
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		6400.720	5996.907	5186.387
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		6649.293	6121.193	5310.673
LOAN FUNDS
1] Secured Loans		7699.921	6052.179	3910.368
2] Unsecured Loans		1549.700	753.573	2153.836
TOTAL BORROWING		9249.621	6805.752	6064.204
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
OTHER LIABILITIES		212.984	264.499	225.142
TOTAL		16111.898	13191.444	11600.019
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		2659.185	2852.682	2854.972
Capital work-in-progress		339.788	163.160	399.695
INVESTMENT		2712.683	1036.350	614.730
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	4101.288	2961.898	2694.862
	Sundry Debtors	3520.047	2982.672	1916.012
	Cash & Bank Balances	573.819	359.586	378.575
	Other Current Assets	51.284	221.196	164.133
	Loans & Advances	5880.949	4376.256	3786.677
Total Current Assets		14127.387	10901.608	8940.259
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	733.212	903.583	853.304
	Other Current Liabilities	2972.127	839.952	349.902
	Provisions	21.806	18.821	6.431
Total Current Liabilities		3727.145	1762.356	1209.637
Net Current Assets		10400.242	9139.252	7730.622
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		16111.898	13191.444	11600.019

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Sales	4854.645	7864.497	5398.684
		Other Income	219.476	143.487	187.547
		TOTAL (A)	5074.121	8007.984	5586.231
Less	EXPENSES
		Materials Consumed	1557.703	3240.789	2217.484
		Contract Expenses	0.000	0.000	2058.376
		Personnel Expenses	0.000	0.000	669.431
		Increase/(Decrease) in Finished Goods	0.000	0.000	(709.668)
		RESTRUCTURING Charges	1185.417	2071.556	0.000
		Administrative Expenses	1055.402	1014.683	180.175
		TOTAL (B)	3798.522	6327.028	4415.798
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		1275.599	1680.956	1170.433
Less	FINANCIAL EXPENSES (D)		913.707	758.587	502.128
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		361.892	922.369	668.305
Less/ Add	DEPRECIATION/ AMORTISATION (F)		455.215	432.815	373.859
Less/ Add	PRIOR PERIOD ITEMS		(12.406)	31.346	15.908
	PROFIT BEFORE TAX (E-F) (G)		(80.917)	520.900	278.538
Less	TAX (H)		(609.016)	(289.620)	(192.726)
	PROFIT AFTER TAX (G-H) (I)		528.099	810.520	471.264
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		2664.172	1853.652	1463.407
Add	Adjustment for Change in Accounting Policy		NA	NA	1.830
Less	APPROPRIATIONS
		Transfer to Debenture Redemption Reserve Fund	NA	NA	82.849
	BALANCE CARRIED TO THE B/S		3192.271	2664.172	1853.652
	EARNINGS IN FOREIGN CURRENCY
		Sale of metal	127.557	148.212	301.919
		Other Income	3.777	11.470	24.101
	TOTAL EARNINGS		131.334	159.682	326.020
	IMPORTS
		Raw Materials	278.143	188.974	89.073
		Capital Goods	26.092	3.068	268.949
	TOTAL IMPORTS		304.235	192.042	358.022
	Earnings Per Share (Rs.)		21.25	64.97	37.39

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	10.41	10.12	8.44
Net Profit Margin (PBT/Sales)	(%)	(1.67)	6.62	5.33
Return on Total Assets (PBT/Total Assets}	(%)	(0.48)	3.79	2.36
Return on Investment (ROI) (PBT/Networth)		(0.01)	0.09	0.05
Debt Equity Ratio (Total Liability/Networth)		1.95	1.40	1.37
Current Ratio (Current Asset/Current Liability)		3.79	6.19	7.39

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	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

Note: The registered office of the company has been shifted from 6-2-913/914, 5^th Floor, Proghressive Tower, Khairatabad, Hyderabad 500004, Andhra Pradesh to the present address. As confirmed by Mr. Ramesh, Accountant.

PERFORMANCE:

The revenue for the FY 10-11 was lower by Rs.4321.900 millions (29.46%) as compared to the previous FY 09-10. Though the Company could bag good number of EPC/BOT Projects during the year under review, with a comfortable order book position of Rs. 57780 millions (as on July 31, 2011), a substantial portion of it could not be converted into revenues due to delay in handing over of land by NHAI and delay in receiving the Appointed Dates and thereby leading to a delay in commencing the work. In spite of having achieved the required financial closure by the SPV Companies executing the BOT Projects, the work could not be started by the company, as an EPC Contractor for the said reasons. As a result, the company incurred revenue expenditure on running the camps at sites, mobilizing men and machines. These expenses also impacted the EBIDTA margins. However, the Board is optimistic that from the third quarter of the current FY 11-12, the revenue flows would improve as the construction work at three BOT Projects has commenced.

NATURE OF OPERATIONS

BSCPL Infrastructure Limited (‘the Company’ or ‘BSCPL’) is a Hyderabad based infrastructure company primarily engaged in civil and engineering construction and has executed several construction projects in roads, large scale bridge works and irrigation. The Company is also executing a real estate project at Chennai.

BANKERS CHARGES REPORT AS PER REGISTRY

Corporate identity number of the company	U45203AP1998PLC029154
Name of the company	BSCPL INFRASTRUCTURE LIMITED
Address of the registered office or of the principal place of business in India of the company	M. No. 8-2-502/1/A, JIVI Towers, Road No. 7, Banjara Hills, Hyderabad 500034, Andhra Pradesh, India
This form is for	Creation of charge
Type of charge	Book debts Movable property (not being pledge)
Particular of charge holder	ICICI Bank Limited, ICICI Bank Towers, Plot No. 12, Nanakramguda, Serilingampally, Hyderabad 500032, Andhra Pradesh, India Email: devdutta.panda@icicibank.com
Nature of instrument creating charge	Deed of Hypothecation
Date of instrument Creating the charge	28.03.2012
Amount secured by the charge	Rs. 1500.000 millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of interest I-Base + 2.75%p.a. where the current I-Base is 10.0%" Terms of repayment 16 equal quarterly Installments starting end of 27 months from first drawdown date. Extent and operation of the charge To secure due repayment of Rs.1500 millions, including interest thereon.
Short particulars of the property charged (Including location of the property)	Residual charge over current assets and moveable fixed assets of the Borrower Exclusive charge over DSRA First and exclusive ranking charge over all receivables of Borrower, both present and future, arising out of debt infused by Borrower in Infra Project Companies out of proceeds of Facility.

CONTINGENT LIABILITIES NOT PROVIDED FOR

(Rs. in Millions)

Particulars	31.03.2011	31.03.2010
Claims against the Company not acknowledged as debts on account of joint ventures	322.033	684.976
Uncalled liability on partly paid up shares	10.000	10.000
Demand from income tax authorities in respect of which the Company has gone for appeal to Commissioner of Income Tax (Appeals), Hyderabad	7.039	7.039
Income tax demand for non deduction of tax at source in respect of interest embedded in monthly installments paid to non-banking financial corporations. The Company’s appeal is pending with Commissioner of Income Tax (Appeals), Hyderabad.	28.681	28.681
Penalties levied by sales tax department for misuse of C-Forms in the years 2002-03 to 2004-05 in respect of which the Company’s appeal is pending before Honorable High Court of Andhra Pradesh	32.627	32.627
The Company has received provisional demand notices for payment of entry tax under the provisions of the Madhya Pradesh Sthaniya Kshetra Me Mal Ke Pravesh Par Kar Abhiyan, 1976. The Company has contested the same in Honorable Supreme Court	71.829	71.829
The Company has received provisional demand notices for payment of penalty on entry tax under the provisions of the Madhya Pradesh Sthaniya Kshetra Me Mal Ke Pravesh Par Kar Abhiyan, 1976. The Company has contested the same in Honorable High Court of Jabalpur	256.379	0.000
Demand for entry tax under the Andhra Pradesh Tax on Entry of Motor Vehicles into Local Areas Act, 1996 in respect of which the Company has filed an appeal with honorable High Court of Andhra Pradesh.	0.000	27.642
Demand for entry tax received under the provisions of the Karnataka Tax on Entry of Goods Act, 1979 in respect of which the Company has gone for an appeal.	0.000	16.816
Income tax demands of BSC-C&C Joint venture to the extent of our share for which the Joint venture entity has preferred for an appeal	70.323	20.455

FIXED ASSETS:

· Land

· Building

· Project Site Offices

· Plant and Machinery

· Construction Equipments

· Other Equipments

· Furniture and Fixtures

· Computer

· Vehicle

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

1] INFORMATION ON DESIGNATED PARTY

No records exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

2] Court Declaration :

No records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

6] Records on Int’l Anti-Money Laundering Laws/Standards :

Charges or investigation registered against subject: None

7] Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

8] Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

9] Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

CONTRAVENTION

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs. 55.26
UK Pound	1	Rs. 88.85
Euro	1	Rs. 71.13

INFORMATION DETAILS

Report Prepared by :

BVA

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	7
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	7
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILIRY	1~10	7
--LIQUIDITY	1~10	7
--LEVERAGE	1~10	6
--RESERVES	1~10	7
--CREDIT LINES	1~10	6
--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		59

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.