MIRA INFORM REPORT

Report Date :

15.09.2012

IDENTIFICATION DETAILS

Name :	AMR INDIA LIMITED (w.e.f. July, 2012)
Formerly Known As :	AMR CONSTRUCTIONS LIMITED
Registered Office :	Plot No.:88, Sari Konda Mansion, Phase III, Kamalapuri Colony, Hyderabad – 500073, Andhra Pradesh
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	25.04.2001
Com. Reg. No.:	01-036617
Capital Investment / Paid-up Capital :	Rs.163.986 Millions
CIN No.: [Company Identification No.]	U45201AP2001PLC036617
TAN No.: [Tax Deduction & Collection Account No.]	HYDA01984D
PAN No.: [Permanent Account No.]	AADCA3750D
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	The Company is primarily engaged in the business of Erection and Construction of Roads, Building, Infrastructure, Irrigation, Electrical and Mining Projects
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (51)

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

Maximum Credit Limit :	USD 20000000
Status :	Good
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is an established company having fine track. Trade relations are reported as fair. Business is active. Payments are reported to be usually correct and as per commitments. 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	CARE
Rating	BBB- (Long Term Bank Facilities)
Rating Explanation	Having moderate degree of safety regarding timely servicing of financial obligation it carry moderate credit risk.
Date	March, 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 :	Plot No.:88, Sari Konda Mansion, Phase III, Kamalapuri Colony, Hyderabad – 500073, Andhra Pradesh, India
Tel. No.:	91-40-23548862/ 23541561
Fax No.:	91-40-23541621
E-Mail :	complianceofficer@amrcl.com info@amrcl.com skmitra@inbox.com
Website :	http://www.amrcl.com
Corporate Office :	“Sai Krupa”, D. No.8-3-833, Plot No.37 and 38, Phase – 1, Kamalapuri Colony, Hyderabad – 500073, Andhra Pradesh, India
Tel. No.:	91-40-30570009
Fax No.:	91-40-30570012/ 15
Email:	info@amrgroup.in

DIRECTORS

(AS ON 29.09.2011)

Name :

Mr. Althuru Mahesh Reddy

Designation :

Managing Director

Address :

Flat No.106, Hanging Gardens, Road No.10, Banjara Hills, Hyderabad – 500034, Andhra Pradesh, India

Date of Appointment :

04.06.2001

DIN No.:

00758625

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U45201AP2001PLC036617	AMR CONSTRUCTIONS LIMITED	Managing director	01-04-10	04-06-01	-	Active	NO
2	U40101KA2001PTC029130	PAVANA GANGA POWER PRIVATE LIMITED	Director	01-07-06	01-07-06	-	Active	NO
3	U45204AP2006PTC050559	AMR MALIND INFRA PRIVATE LIMITED	Director	07-07-06	07-07-06	-	Active	NO
4	U70101TN2000PLC044980	AMRL HITECH CITY LIMITED	Managing director	14-12-07	04-11-06	-	Active	NO
5	U01119AP2007PLC052261	AMR AGRO FARMS LIMITED	Director	05-01-07	05-01-07	-	Active	NO
6	U63090AP2007PLC052514	AMR WAREHOUSING LIMITED	Director	25-01-07	25-01-07	-	Active	NO
7	U55101AP2007PLC053712	AMR HOSPITALITY SERVICES LIMITED	Director	21-04-07	21-04-07	10-06-11	Active	NO
8	U15424AP2007PLC056495	AMR SANGAM SUGAR VENTURES LIMITED	Director	30-11-07	30-11-07	15-10-11	Active	NO
9	U74900AP2007PLC056599	AMR GLOBAL INDUSTRIES LIMITED	Director	10-12-07	10-12-07	-	Active	NO
10	U40108AP2007PLC056710	AMR ENVERGYS LIMITED	Director	17-12-07	17-12-07	-	Active	NO
11	U45200AP2004PTC044030	AASCOT BUILDERS PRIVATE LIMITED	Director	12-05-10	12-05-10	-	Active	NO
12	U51909WB2009PTC131717	AMBLE VANIJYA PRIVATE LIMITED	Director	08-06-10	08-06-10	22-06-10	Active	NO
13	U51909WB2009PTC131727	PRISTINE VINTRADE PRIVATE LIMITED	Director	08-06-10	08-06-10	22-06-10	Active	NO
14	U51909WB2008PTC130346	SHIVICS VINTRADE PRIVATE LIMITED	Director	15-06-10	15-06-10	-	Active	NO
15	U51909WB2009PTC131712	ZAMEEN TRADERS PRIVATE LIMITED	Director	15-06-10	15-06-10	-	Active	NO
16	U51909WB2009PTC131733	SAGITTARIUS TRADECOM PRIVATE LIMITED	Director	15-06-10	15-06-10	-	Active	NO
17	U92120AP2010PTC069911	ECSTASY ENTERTAINMENT PRIVATE LIMITED	Director	10-08-10	10-08-10	-	Active	NO
18	U13100AP2010PLC071415	AMR MINING LIMITED	Director	29-11-10	29-11-10	-	Active	NO
19	U13203AP2010PTC071499	A&M RESOURCES PRIVATE LIMITED	Director	02-12-10	02-12-10	-	Active	NO
20	U74999AP2011PTC078100	AMR TRADE CENTRE PRIVATE LIMITED	Director	20-12-11	20-12-11	-	Active	NO
21	U92120AP2012PTC078930	VAALIDO ENTERTAINMENT PRIVATE LIMITED	Director	02-02-12	02-02-12	-	Active	NO

Name :

Mr. Althuru Girish Reddy

Designation :

Whole-time Director

Address :

Plot No.87, Road No.72, Jubilee Hills, Hyderabad – 500033, Andhra Pradesh, India

Date of Appointment :

25.04.2001

DIN No.:

01454094

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U45201AP2001PLC036617	AMR CONSTRUCTIONS LIMITED	Whole-time director	01-04-10	25-04-01	-	Active	NO
2	U40101KA2001PTC029130	PAVANA GANGA POWER PRIVATE LIMITED	Director	01-07-06	01-07-06	-	Active	NO
3	U45204AP2006PTC050559	AMR MALIND INFRA PRIVATE LIMITED	Director	07-07-06	07-07-06	-	Active	NO
4	U70101TN2000PLC044980	AMRL HITECH CITY LIMITED	Director	14-12-07	04-11-06	-	Active	NO
5	U01119AP2007PLC052261	AMR AGRO FARMS LIMITED	Director	05-01-07	05-01-07	-	Active	NO
6	U63090AP2007PLC052514	AMR WAREHOUSING LIMITED	Director	25-01-07	25-01-07	-	Active	NO
7	U55101AP2007PLC053712	AMR HOSPITALITY SERVICES LIMITED	Director	21-04-07	21-04-07	10-06-11	Active	NO
8	U15424AP2007PLC056495	AMR SANGAM SUGAR VENTURES LIMITED	Managing director	30-05-08	30-11-07	15-10-11	Active	NO
9	U74900AP2007PLC056599	AMR GLOBAL INDUSTRIES LIMITED	Director	10-12-07	10-12-07	-	Active	NO
10	U40108AP2007PLC056710	AMR ENVERGYS LIMITED	Director	17-12-07	17-12-07	-	Active	NO
11	U45200AP2004PTC044030	AASCOT BUILDERS PRIVATE LIMITED	Director	12-05-10	12-05-10	-	Active	NO
12	U51909WB2009PTC131727	PRISTINE VINTRADE PRIVATE LIMITED	Director	08-06-10	08-06-10	22-06-10	Active	NO
13	U51101WB2009PTC131721	ENLIVEN TRADE PRIVATE LIMITED	Director	08-06-10	08-06-10	22-06-10	Active	NO
14	U51909WB2008PTC130346	SHIVICS VINTRADE PRIVATE LIMITED	Director	15-06-10	15-06-10	-	Active	NO
15	U51909WB2009PTC131712	ZAMEEN TRADERS PRIVATE LIMITED	Director	15-06-10	15-06-10	-	Active	NO
16	U51909WB2009PTC131733	SAGITTARIUS TRADECOM PRIVATE LIMITED	Director	15-06-10	15-06-10	-	Active	NO
17	U13100AP2010PLC071415	AMR MINING LIMITED	Director	29-11-10	29-11-10	-	Active	NO
18	U13203AP2010PTC071499	A&M RESOURCES PRIVATE LIMITED	Director	02-12-10	02-12-10	-	Active	NO
19	U92100AP2011PTC074148	SAIKRUPA ENTERTAINMENT PRIVATE LIMITED	Director	28-04-11	28-04-11	05-05-11	Active	NO
20	U74999AP2011PTC078100	AMR TRADE CENTRE PRIVATE LIMITED	Director	20-12-11	20-12-11	-	Active	NO
21	U92120AP2012PTC078930	VAALIDO ENTERTAINMENT PRIVATE LIMITED	Director	02-02-12	02-02-12	-	Active	NO

Name :

Mr. Audinarayana Reddy Althuri

Designation :

Director

Address :

Plot No.87, Road No.72, Jubilee Hills, Hyderabad – 500033, Andhra Pradesh, India

Date of Appointment :

10.11.2003

DIN No.:

01115788

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U45201AP2001PLC036617	AMR CONSTRUCTIONS LIMITED	Director	01-04-10	10-11-03	-	Active	NO
2	U40101KA2001PTC029130	PAVANA GANGA POWER PRIVATE LIMITED	Director	06-09-06	06-09-06	-	Active	NO
3	U70101TN2000PLC044980	AMRL HITECH CITY LIMITED	Director	14-12-07	04-11-06	17-02-11	Active	NO
4	U01119AP2007PLC052261	AMR AGRO FARMS LIMITED	Director	05-01-07	05-01-07	-	Active	NO
5	U63090AP2007PLC052514	AMR WAREHOUSING LIMITED	Director	25-01-07	25-01-07	-	Active	NO
6	U55101AP2007PLC053712	AMR HOSPITALITY SERVICES LIMITED	Director	21-04-07	21-04-07	10-06-11	Active	NO
7	U15424AP2007PLC056495	AMR SANGAM SUGAR VENTURES LIMITED	Director	30-11-07	30-11-07	15-10-11	Active	NO
8	U74900AP2007PLC056599	AMR GLOBAL INDUSTRIES LIMITED	Director	10-12-07	10-12-07	-	Active	NO
9	U40108AP2007PLC056710	AMR ENVERGYS LIMITED	Director	17-12-07	17-12-07	-	Active	NO
10	U45200AP2004PTC044030	AASCOT BUILDERS PRIVATE LIMITED	Director	12-05-10	12-05-10	-	Active	NO
11	U51101WB2009PTC131721	ENLIVEN TRADE PRIVATE LIMITED	Director	08-06-10	08-06-10	22-06-10	Active	NO
12	U51909WB2009PTC131717	AMBLE VANIJYA PRIVATE LIMITED	Director	08-06-10	08-06-10	22-06-10	Active	NO
13	U13100AP2010PLC071415	AMR MINING LIMITED	Director	29-11-10	29-11-10	-	Active	NO
14	U92120AP2012PTC078930	VAALIDO ENTERTAINMENT PRIVATE LIMITED	Director	02-02-12	02-02-12	-	Active	NO

Name :

Mr. Subrata Kumar Mitra

Designation :

Nominee Director

Address :

1201, Phoenix Tower, B Wing, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400013, Maharashtra, India

Date of Birth/Age :

16.01.1948

Date of Appointment :

28.02.2011

Nominee Company :

AVIGO PE Investments Limited

DIN No.:

00029961

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U65990MH1994PLC078597	BIRLA SECURITIES LIMITED	Director	26-08-94	26-08-94	31-07-07	Active	NO
2	U65991MH1994PLC080811	BIRLA SUN LIFE ASSET MANAGEMENT COMPANY LIMITED	Director	05-09-94	05-09-94	31-07-07	Active	NO
3	U67190MH1996PTC099628	BGFL CORPORATE FINANCE PRIVATE LIMITED	Director	28-07-98	28-07-98	31-07-07	Active	NO
4	U61190GJ1997PLC062406	ADITYA BIRLA MONEY MART LIMITED	Director	28-07-98	28-07-98	31-07-07	Active	NO
5	U65990GJ1991PLC064603	ADITYA BIRLA FINANCE LIMITED	Director	20-11-98	20-11-98	31-07-07	Active	NO
6	U73100MH1999PTC118379	ADITYA BIRLA MANAGEMENT CORPORATION PRIVATE LIMITED	Director	15-06-99	15-06-99	30-08-07	Active	NO
7	U74999MH1968GAP014120	INDO-AMERICAN CHAMBER OF COMMERCE	Director	06-10-04	06-10-04	-	Active	NO
8	L17199GJ1956PLC001107	ADITYA BIRLA NUVO LIMITED	Whole-time director	01-10-05	01-10-05	31-07-07	Active	NO
9	U74140MH2006PTC161276	QSK ADVISORY PRIVATE LIMITED	Whole-time director	01-01-08	21-04-06	-	Active	NO
10	U99999MH2000PLC128110	BIRLA SUN LIFE INSURANCE COMPANY LIMITED	Director	17-01-07	18-08-06	31-07-07	Active	NO
11	U63090WB2003PTC097044	REACH CARGO MOVERS PRIVATE LIMITED	Director	10-07-09	03-10-07	-	Active	NO
12	L36900MH1988PLC049085	SUASHISH DIAMONDS LIMITED	Director	27-09-08	30-10-07	26-02-09	Active	NO
13	U65900MH2007FTC173079	BHARTI AXA INVESTMENT MANAGERS PRIVATE LIMITED	Director	29-08-08	15-11-07	04-02-10	Active	NO
14	L72900MH1992PLC069662	HEXAWARE TECHNOLOGIES LIMITED	Director	30-06-08	30-11-07	-	Active	NO
15	U67190MH2008PTC177863	AGILE CAPITAL AND MANAGEMENT ADVISORS PRIVATE LIMITED	Director	17-01-08	17-01-08	29-03-11	Active	NO
16	U65990MH2005PLC154505	MANGAL KESHAV HOLDINGS LIMITED	Director	21-08-08	24-01-08	-	Active	NO
17	U67190MH2001PLC132959	MANGAL KESHAV FINANCIAL SERVICES LIMITED	Additional director	24-01-08	24-01-08	14-04-08	Active	NO
18	U51100MH2003PLC142001	MK COMMODITY BROKERS LIMITED	Additional director	24-01-08	24-01-08	14-04-08	Active	NO
19	U65990MH2005PLC153062	MANGAL KESHAV CAPITAL LIMITED	Additional director	24-01-08	24-01-08	14-04-08	Active	NO
20	L74140WB1990PLC049032	SKP SECURITIES LTD.	Director	26-07-08	26-01-08	-	Active	NO
21	U67190MH1997PLC108817	MANGAL KESHAV SECURITIES LIMITED	Director	21-08-08	04-03-08	-	Active	NO
22	U70101KA2007PTC042078	CENTURY REAL ESTATE HOLDINGS PRIVATE LIMITED	Director	12-09-08	10-03-08	29-09-10	Active	NO
23	U67190DL2005PTC141426	AVIGO CAPITAL PARTNERS PRIVATE LIMITED	Director	29-09-08	01-05-08	-	Active	NO
24	U74999MH2000PTC124842	BDO CONSULTING PRIVATE LIMITED	Additional director	26-03-09	26-03-09	06-08-10	Active	NO
25	U67120MH2005PTC156678	DESTIMONEY SECURITIES PRIVATE LIMITED	Director	30-09-09	02-07-09	-	Active	NO
26	U51226WB1992PLC056951	LMJ INTERNATIONAL LIMITED	Director	22-10-09	22-10-09	-	Active	NO
27	U67190KA2009PTC051891	AZURE CAPITAL ADVISORS PRIVATE LIMITED	Director	29-09-10	15-01-10	-	Active	NO
28	U67190MH1994PLC077858	LIC NOMURA MUTUAL FUND ASSET MANAGEMENT COMPANY LIMITED.	Director	19-07-10	05-02-10	-	Active	NO
29	L31300WB1997PLC085210	USHA MARTIN EDUCATION AND SOLUTIONS LIMITED	Director	06-08-10	03-03-10	-	Active	NO
30	L74899DL1990PLC041985	TECPRO SYSTEMS LIMITED	Director	18-09-10	02-04-10	-	Active	NO
31	U45201AP2001PLC036617	AMR CONSTRUCTIONS LIMITED	Nominee director	28-02-11	28-02-11	-	Active	NO

Name :

Mr. Babugowda Sangangowda Patil

Designation :

Director

Address :

149, 5^th Cross, 10^th Main, Rajamahal Vilas Extension , Bangalore – 560080, Karnataka, India

Date of Appointment :

03.06.2008

DIN No.:

00061959

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	L21014KA1980PLC003842	SHETRON LIMITED	Director	27-09-02	27-09-02	-	Active	NO
2	L15421PN1939PLC006738	THE UGAR SUGAR WORKS LTD	Director	28-03-05	28-03-05	19-03-10	Active	NO
3	U15421KA2002PLC029968	SADASHIVA SUGARS LIMITED	Director	09-12-05	09-12-05	18-08-11	Active	NO
4	U74140KA2004PTC034016	SANYO BPL PRIVATE LIMITED	Director	15-12-05	15-12-05	01-01-09	Under liquidation	NO
5	L85110KA1915PLC000740	UNITED BREWERIES (HOLDINGS) LIMITED	Director	22-03-06	22-03-06	-	Active	NO
6	U01100MH1988PLC049515	GROVER VINEYARDS LIMITED	Director	30-09-06	23-03-06	01-09-11	Active	NO
7	U19202KA2001PLC029428	UB INTERNATIONAL TRADING LIMITED	Director	28-03-06	28-03-06	-	Active	NO
8	L29199KA1985PLC006934	SUPRAJIT ENGINEERING LIMITED	Director	19-06-06	19-06-06	-	Active	NO
9	L24123KA1966PLC002036	MANGALORE CHEMICALS AND FERTILISERS LIMITED	Director	27-11-06	27-11-06	-	Active	NO
10	U18101KA2002PLC030185	SCOTTS GARMENTS LIMITED	Director	04-07-07	04-07-07	-	Active	NO
11	U45201AP2001PLC036617	AMR CONSTRUCTIONS LIMITED	Director	24-09-08	03-06-08	-	Active	NO
12	L27104TN1991PLC020533	SURANA INDUSTRIES LIMITED	Director	10-06-10	30-10-09	-	Active	NO
13	U40104MH2007PTC175502	ODETTA REALTY PRIVATE LIMITED	Additional director	28-07-10	28-07-10	20-09-10	Active	NO
14	U27300KA2011PTC058145	B R S PRECISION MANUFACTURING PRIVATE LIMITED	Director	13-04-11	13-04-11	-	Active	NO
15	U40109TN2010PLC074770	SURANA GREEN POWER LIMITED	Additional director	06-02-12	06-02-12	-	Active	NO
16	U40300TN2012PLC085008	SURANA GREEN ENERGY LIMITED	Director	19-03-12	19-03-12	-	Active	NO

Name :

Mr. Harikrishnan Selvakumar

Designation :

Nominee Director

Address :

T-608, Purva Park Apartment, No.53, Mso Colony, Cox Town, Bg – 5, Bangalore – 560005, Karnataka, India

Date of Appointment :

12.01.2011

DIN No.:

02139866

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U18101MH1998PTC114797	SPYKAR LIFESTYLES PRIVATE LIMITED	Nominee director	12-08-11	03-04-10	-	Active	NO
2	U72300TN1996PTC036958	TECHNOLOGY FRONTIERS (INDIA) PRIVATE LIMITED	Nominee director	12-01-11	14-07-10	-	Active	NO
3	U11200DL2005PTC178724	NAFTO GAZ INDIA PRIVATE LIMITED	Director	28-09-10	18-09-10	31-10-11	Active	NO
4	U45201AP2001PLC036617	AMR CONSTRUCTIONS LIMITED	Nominee director	12-01-11	12-01-11	-	Active	NO
5	U45204AP2006PTC050559	AMR MALIND INFRA PRIVATE LIMITED	Nominee director	29-09-11	11-03-11	-	Active	NO

Name :

Mrs. Kadayam Sankara Ramachandran

Designation :

Director

Address :

N-2/27, Phase – II, DLF City, Gurgaon – 122002, Haryana, India

Date of Appointment :

10.12.2007

DIN No.:

01381957

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U40101OR1992PTC002992	KALINGA POWER CORPORATION PRIVATE LIMITED	Director	02-05-07	02-05-07	Active	NO
2	U45201AP2001PLC036617	AMR CONSTRUCTIONS LIMITED	Director	24-09-08	10-12-07	Active	NO
3	U74900HR2011PTC042786	DIGITAL LUMINARIA PRIVATE LIMITED	Director	28-04-11	28-04-11	Active	NO
4	U40108TN2011PLC080354	JAGADHGURU ENERGY LIMITED	Managing director	28-04-11	28-04-11	Active	NO
5	U85110KA1992PLC013759	INTERNATIONAL POWER CORPORATION LIMITED	Director	07-12-11	02-09-11	Active	NO
6	U40108KA1997PLC022700	TRINETHRA ENERGY CONVERTIONS LIMITED	Director	07-12-11	02-09-11	Active	NO
7	U85110KA1998PLC024498	PRASANNA POWER LIMITED	Director	07-12-11	02-09-11	Active	NO
8	U40102KA2002PTC030448	S L V POWER PRIVATE LIMITED	Director	07-12-11	02-09-11	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

(AS ON 29.09.2011)

Names of Shareholders	No. of Shares
Althuru Mahesh Reddy	4336438
Althuru Girish Reddy	3687776
Audinarayana Reddy Althuri	992783
A. Radhika Reddy	215600
A. Latha Reddy	325600
A. Sulochanamma Reddy	243100
D. Subba Reddy	1100
Top Mercantile Limited, India	302290
Vansh Value Realty Private Limited, India	302290
Swati Bhandarkar	10000
Narendra S. Joshi	10000
Metmin Investments Holdings Limited, Mauritius	407631
Avigo PE Investment Limited, Mauritius	5564178
Squadron South Asia, Hong Kong	1373
Bond Street Custodians Limited, Australia	686
Macquarie Investment Management Limited, Australia	686
Total	16401531

(AS ON 30.09.2011)

Equity Shares Break – up

Category	Percentage
Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others]	36.43
Bodies corporate	3.68
Directors or relatives of directors	59.77
Others	0.12
Total	100.00

BUSINESS DETAILS

Line of Business :

The company is primarily engaged in the business of Erection and Construction of Roads, Building, Infrastructure, Irrigation, Electrical and Mining Projects

GENERAL INFORMATION

Customers :

· Government of Andhra Pradesh

· Government of Tamil Nadu

· Rajiv Swagruha Corp Limited

· The Singareni Collieries Company Limited

· Mangalore Refinery and Petrochemicals Limited

· Larsen and Toubro Limited

· Madras Cements Limited

· Grasim Cements

· Gujarat industries Power Company Limited

· India Cements Limited

· Uranium Corp. Of India Limited

· Indian Space Research Organization

· Damodar Valley Corporation

· Engineering Projects India Limited

No. of Employees :

Not Available

Bankers :

· State Bank of India

Yellabdyd Branch, Hyderabad, Andhra Pradesh, India

· State Bank of Travancore

· State Bank of Patiala Bank of Baroda

· Bank of Maharashtra

· IDBI Bank

· State Bank of Bikaner and Jaipur

· Barclays Bank

· HDFC Bank

· Standard Chartered Bank

· ICICI Bank

Facilities :

Secured Loans	31.03.2011	31.03.2010
	(Rs. In Millions)
Term Loans
- From Banks	2534.711	2235.168
- From Others	485.017	411.886
Working Capital Loans	0	0
- From Banks	3477.594	2511.319
Vehicles Loans	0	0
- From Banks	39.357	8.079
Total	6536.679	5166.452
Unsecured Loans	31.03.2011	31.03.2010
	(Rs. In Millions)
Debentures – Fully Paid (Unsecured Compulsorily Convertible)	0.000	1054.026
Loans from others	495.036	513.111
Total	495.036	1567.137

Banking Relations :	--
Financial Institution :	· Tata Capital Limited One Forbes, Dr. V. B. Gandhi Marg, Fort, Mumbai – 400001, Maharashtra, India
Auditors :
Name :	Akasam and Associates Chartered Accountant
Address :	“Akasam”, 10-1-17/1/1, Level 1 and 2, Masab Tank, Hyderabad – 500004, Andhra Pradesh, India
PAN No.:	AADFA6112E
Joint Venture :	· AMRCL-MAYTAS-KBL-WEG CONSORTIUM · SPML-SEW-AMR · AMRCL-KCL (NF Railway Work) · KCL-AMRCL (GIPCL Work) · CCPL-AMRCL · PSR-AMRCL · DCPL-AMRCL · SKR -AMRCL · AMRCL-HARSHA · RITHWIK-AMR-MBL
Subsidiaries :	· AMR Malind Infra Private Limited CIN No.: U45204AP2006PTC050559
Associates :	· AMR Agro Forms Limited · AMR Sangam Sugar Limited · Pavana Ganga Power Private Limited · AMR Hospitality Services Limited · AMRL International Tech City Limited · AMR Envergys Limited · AMR Global Services Limited

CAPITAL STRUCTURE

(AS ON 30.09.2011)

Authorised Capital :

No. of Shares	Type	Value	Amount
21000000	Equity Share	Rs.10/- each	Rs.210.000 Millions
3000000	Preference Shares	Rs.10/- each	Rs.30.000 Millions
	Total		Rs.240.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
16401531	Equity Share	Rs.10/- each	Rs.164.015 Millions
2890997	Preference Shares	Rs.10/- each	Rs.28.910 Millions
	Total		Rs.192.925 Millions

(AS ON 31.03.2011)

Authorised Capital :

No. of Shares	Type	Value	Amount
21000000	Equity Share	Rs.10/- each	Rs.210.000 Millions
3000000	Preference Shares	Rs.10/- each	Rs.30.000 Millions
	Total		Rs.240.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
16398638	Equity Share	Rs.10/- each	Rs.163.986 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		163.986	163.986	163.986
2] Share Application Money		899.999	0.000	0.000
3] Reserves & Surplus		4025.886	2156.630	1550.877
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		5089.871	2320.616	1714.863
LOAN FUNDS
1] Secured Loans		6536.679	5166.452	3240.733
2] Unsecured Loans		495.036	1567.137	1066.814
TOTAL BORROWING		7031.715	6733.589	4307.547
DEFERRED TAX LIABILITIES		101.528	65.786	42.577
TOTAL		12223.114	9119.991	6064.987
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		3876.236	2727.711	1783.333
Capital work-in-progress		0.000	13.290	1.133
INVESTMENT		21.003	11.002	11.002
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	3354.683	2516.142	1854.519
	Sundry Debtors	3173.916	2722.097	1822.083
	Cash & Bank Balances	449.950	697.194	236.680
	Other Current Assets	4712.321	2586.817	152.192
	Loans & Advances	1317.129	814.358	2054.859
Total Current Assets		13007.999	9336.608	6120.333
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditor	1750.750	1360.170	268.702
	Other Current Liabilities	2205.995	994.267	1215.188
	Provisions	725.379	614.249	367.024
Total Current Liabilities		4682.124	2968.686	1850.914
Net Current Assets		8325.875	6367.922	4269.419
MISCELLANEOUS EXPENSES		0.000	0.066	0.100
TOTAL		12223.114	9119.991	6064.987

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income	13803.330	10530.556	7392.041
		Other Income	61.243	30.498	12.281
		TOTAL (A)	13864.573	10561.054	7404.322
Less	EXPENSES
		Accretion/(Decretion) of Inventories	(653.283)	(570.783)	(630.217)
		Construction Expenses	11387.095	8714.020	6396.348
		Payments and Benefits to Employees	249.110	219.132	163.082
		Administrative and Selling Expenses	279.246	281.475	146.154
		Miscellaneous Expenses written-off	0.066	0.033	0.033
		TOTAL (B)	11262.234	8643.877	6075.400
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		2602.339	1917.177	1328.922
Less	FINANCIAL EXPENSES (D)		929.741	740.775	361.455
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		1672.598	1176.402	967.467
Less/ Add	DEPRECIATION/ AMORTISATION (F)		439.929	276.307	183.415
	PROFIT BEFORE TAX (E-F) (G)		1232.669	900.095	784.052
Less	TAX (H)		417.440	306.130	274.705
	PROFIT AFTER TAX (G-H) (I)		815.229	593.965	509.347
	Prior Period Items		0.000	0.000	3.375
	BALANCE CARRIED TO THE B/S		815.229	593.965	505.972
	Earnings Per Share (Rs.)		49.71	36.22	40.89

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	5.88	5.62	6.88
Net Profit Margin (PBT/Sales)	(%)	8.93	8.55	10.61
Return on Total Assets (PBT/Total Assets}	(%)	7.30	7.46	9.92
Return on Investment (ROI) (PBT/Networth)		0.24	0.39	0.46
Debt Equity Ratio (Total Liability/Networth)		2.30	4.18	3.59
Current Ratio (Current Asset/Current Liability)		2.78	3.15	3.31

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	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

PERFORMANCE OF THE COMPANY:

The company has achieved gross revenue of Rs. 14517.856 Millions as compared to Rs.11131.837 Millions in the previous financial year 2009-10 with a growth is 30.42%. Further the Company's net profit date d by 37.25% to Rs.815.229 Millions in the financial year as Compared to Rs.593.965 Millions in the previous financial year 2009-10.

OUTLOOK

The Company primarily operates across the following verticals -

Mining and Excavation: Excavation and Raising of minerals such as coal, limestone, lignite and Iron Ore.

Infrastructure: Infrastructure projects across segments like Irrigation and canal Work, Water and Waste management, sewage construction, Electrification etc. and Civil Construction: construction of building and other civil structures for various Industries such as cement, sugar and steel, construction of housing units and allied activities on contractual basis.

COMPANY BACKGROUND

Subject is a company incorporated in 2001 under the companies Act, 1956 providing infrastructure facilities.

The company is primarily engaged in the business of Erection and Construction of Roads, Building, Infrastructure, Irrigation, Electrical and Mining Projects.

CONTINGENT LIABILITIES NOT PROVIDED FOR

Particulars	2010-11	2009-10
	(Rs. In Millions)
Bank Guarantee	4706.450	3507.024
Letter of Creditors	301.464	135.067
Disputed Claim	3.600	3.600

The Company has Litigation in respect of Crusher that was taken on lease for the execution of Polavaram Project. Since the project was suspended on orders from Government, the asset was not put to use and the lease rentals were delayed and not provided in the books of accounts. Pending judgment in the legal case, which the management feels would be in their favour, no provision has been created. The expenditure liability is expected to be around Rs.3.600 Millions for which the R is an equivalent amount with the lessor as a security deposit.

FIXED ASSETS

· Land

· Plant and Machinery

· Office Equipment

· Furniture and Fixtures

· Computers

· Vehicles

· Electronics Goods

· Temporary Sheds

WEBSITE DETAILS:

GROUP PROFILE:

AMR Constructions was established as a partnership firm in the year 1992, under the dynamic leadership of Mr. A. Mahesh Reddy. The company has diversified into various verticals such as mining, irrigation and construction and have excellent reputation in the industry. During the course of time, AMR has scaled enormous heights and successfully executed various civil projects across India and Nepal.

The Group executed prestigious projects for some of the most reputed companies like India Cements, Madras Cements, Grasim Cements and other Mineral Enterprises along with various State and Central government irrigation projects.

In the year 2001, the company was incorporated into a Public Limited Company. This was followed by various award winning milestones, such as Rashtriya Nirman Ratan Award, given by IEDRA in the year 2007 to Mr. Mahesh Reddy for his outstanding contribution to the Construction Industry, and subsequently The International Excellence Award in the year 2008 given to Mr. Girish Reddy (JMD) for Construction Quality and Design. Currently the group has over 240 million cubic meter contracts on hand

MILESTONES

·1992
Mr. A Mahesh Reddy started AMR Constructions along with his brother Mr. Girish Reddy as a partnership firm.

• 1994
  AMR undertakes mining of limestone from the mines owned by the cement  companies

• 1995
  AMR initiated civil works projects for Visakha Cements (India Cements Ltd.) and also executed civil works in Nepal

• 1998
  AMR initiates housing construction

• 2001
  Incorporated as a Public Limited Company

• 2003
  AMR awarded first Iron ore excavation project

• 2005
  AMR acquires major irrigation project

• 2006
  Investment in FCDs by private equity investor (Tranche I)

• 2007
  Mr. A Mahesh Reddy received the Rashtriya Nirman Ratan Award
  Additional investment by the same PE investor (Tranche II )
  Additional investment in FCDs by the same PE investor (Tranche III)

• 2008
  Mr. A Girish Reddy receives the International Excellence Award for Construction Quality and Design

• 2009
  Achieved 240 Million Cubic Meter mining contracts

BOARD OF DIRECTORS

MR. A. MAHESH REDDY

Born in 1967, Mr. A. Mahesh Reddy was raised in Hyderabad, India, and graduated from Karnataka University. Mr. Reddy is a dynamic entrepreneur with extensive knowledge in construction industry and has a high reputation for timely and quality delivery of projects across various clienteles.

In the year 1992, Mr. A Mahesh Reddy started AMR Constructions along with his brother Mr. Girish Reddy as a partnership firm. Since its inception, the firm has witnessed rapid growth by undertaking various contracts in the infrastructure sector like excavation and raising of minerals, construction of roads, buildings and other civil structures and is currently executing irrigation infrastructure contracts.

Under the dynamic leadership of Mr. A. Mahesh Reddy, AMR Constructions in the year 1995 entered into various segments of civil works in the construction industry and successfully executed various projects across India.

MR. A. GIRISH REDDY

Mr. A. Girish Reddy, aged 44 years graduated from Bangalore University in civil engineering in the year 1982. He acquired immense ground technical knowledge in the construction industry to successfully execute various civil works.

He joined hands his brother Mr. A. Mahesh Reddy to implement a variety of civil works in the year 1992. Mr. Reddy has excellent knowledge in fleet management and handling of labour at project sites. He has successfully executed projects by managing the work force with high standards of professionalism and accountability.

MR. A. AUDINARYANA REDDY

Mr. A. Audinaryana Reddy, aged 64 years is having three decades of experience in civil works and executed various works in his firm named Aan Constructions. He has vast knowledge in the construction segment

INDEPENDENT DIRECTORS

MR. S HARIKRISHNAN (HARI)

Mr. S Harikrishnan (Hari) is an Investment Director in Avigo Capital Partners and heads the fund's Mumbai Office. Hari has more than 14 years of diversified experience in Investments, Capital markets and Manufacturing. Before Avigo, Hari was with Wall Street firm Lazard advising Emerging Market PE Fund for 2 years. Before moving to Lazard, Hari was part of the founding team of UTI Ventures and was with that firm for more than eight years. Hari has particularly focused on tracking and analyzing sectors undergoing rapid development such as consumer retail, infrastructure services, niche manufacturing, life sciences, media and alternative energy. In last 11 years in Private Equity Hari was closely involved with 20 cross-sector PE transactions of which majority of them in Infrastructure and consumer sector. Harikrishnan is a qualified Engineer and MBA

MR. KADAYAM SANKARA RAMACHANDRAN (K.S. RAMACHANDRAN)

Mr. Kadayam Sankara Ramachandran (K.S. Ramachandran) is a retired officer of Indian Administrative Service. He was first appointed by the President of India to the IAS and allotted to Orissa cadre in the year 1950. He held various prestigious positions in the State of Orissa, including ‘Undersecretary, Finance, Govt. of Orissa’, ‘Secretary, Industry and Mining, Govt. of Orissa’, ‘Chairman, Orissa State Electricity Board’ etc. He also spear headed various state owned companies viz., ‘First Managing Director, Orissa Mining Corporation’, ‘Director, Bharat Aluminium Company’, ‘Fist Chairman of National Aluminium Co., under Ministry of Mines, Govt. of India’ etc. In the month of May, 1984 he retired from IAS, in the rank of Special Secretary, Ministry of Mines, Government of India. Mr. Ramachandran joined AMR in the year 2007, as an Independent Director.

MR. BABUGOWDA SANGANAGOWDA PATIL (B.S. PATIL)

Mr. Babugowda Sanganagowda Patil (B.S. Patil) is from Indian Administrative Services, 1966 batch. Mr. Patil retired as Chief Secretary to Government of Karnataka in the year 2004. He has held many key positions in his service and is regarded as one of the most dynamic officers of the State Government of Karnataka. Mr. Patil has wide range of experience from heading State Financial Institutions to Industrial Development Institutions. He was head of two State Financial Institutions for a around seven years. He held the position of Principal Secretary to Government, Commerce and Industries Dept. on three occasions with a cumulative period of over eight years. Mr.Patil was inducted into AMR Board, in the year 2008 as an Independent non-executive director.

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.54.73
UK Pound	1	Rs.88.61
Euro	1	Rs.71.34

INFORMATION DETAILS

Report Prepared by :

MRI

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	7
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	6
--CREDIT LINES	1~10	5
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		51

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.