MIRA INFORM REPORT

Report Date :

27.09.2012

IDENTIFICATION DETAILS

Name :	SUPREME PETROCHEM LIMITED
Registered Office :	612, Raheja Chambers, Nariman Point, Mumbai - 400 021, Maharashtra
Country :	India
Financials (as on) :	30.06.2012
Date of Incorporation :	14.12.1989
Com. Reg. No.:	11-054633
Capital Investment / Paid-up Capital :	Rs. 968.386 millions
CIN No.: [Company Identification No.]	L23200MH1989PLC054633
TAN No.: [Tax Deduction & Collection Account No.]	MUMS01358A
Legal Form :	A Public Limited Liability company. The company’s Share are Listed on the Stock Exchange.
Line of Business :	Manufactures of Styrene Monomer and Polystyrene.
No. of Employees :	252 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (48)

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

Maximum Credit Limit :	USD 12300000
Status :	Satisfactory
Payment Behaviour :	Usually correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track record. There appears sharp dip in the profitability of the company. However, networth of the company appears to be strong. Business is active. Payment are reported to be usually correct and as per commitment. The company can be considered for business dealing at usual trade terms and condition

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

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 :	612, Raheja Chambers, Nariman Point, Mumbai – 400 012, Maharashtra, India
Tel. No.:	91-22-22883518-20
Fax No.:	91-22-22883521
E-Mail :	ravi_kuddyady@spl.co.in sl_mondkar@spl.co.in marketing@spl.co.in r_rangarajan@spl.co.in sara_dsouza@spl.co.in
Website :	http://www.supremepetrochem.com
Corporate Office :	Solitaire Corporation Park, Building No. 11, 5^th Floor, Andheri – Ghatkopar Link Road, Chakala, Andheri (East), Mumbai – 400 093, Maharashtra, India
Tel. No.:	91-22-67091900
Fax No.:	91-22-40055681
Factory 1 :	Amdoshi, Wakan Roha Road, Post : Patansai, Taluka Roha, District Raigad - 402106, Maharashtra, India
Tel. No.:	91-2194-222540 - 2548
Fax No.:	91-2194-222337 / 2537 / 2617
E-Mail :	splw@bom7.vsnl.net.in
Factory 2 :	Ammulavoyil Village, Andarkuppam Post, Manali New Town, Chennai – 600103, Tamilnadu, India

DIRECTORS

As on 30.06.2012

Name :

Mr. M. P. Taparia

Designation :

Chairman

Name :

Mr. Rajan B. Raheja

Designation :

Director

Address :

Rahejas GB Jukar Road, Juhu, Mumbai – 400049, Maharashtra, India

Date of Birth/Age :

17.06.1954

Date of Appointment :

14.12.1989

DIN No.:

00037480

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	U70100MH1973PTC016772	VIJAY RAHEJA BUILDERS PRIVATE LIMITED	Director	14/03/1976	14/03/1976	-	Active	NO
2	U45202MH1979PTC021177	BRINDABAN BUILDERS PRIVATE LIMITED	Director	06/04/1979	06/04/1979	-	Active	NO
3	U45200MH1981PTC025009	R. RAHEJA PROPERTIES PRIVATE LIMITED	Director	17/08/1981	17/08/1981	-	Active	NO
4	U55200MH1974PLC017128	JUHU BEACH RESORTS LIMITED	Director	29/12/1983	29/12/1983	-	Active	NO
5	U70100MH1982PTC027471	AMBER APARTMENT MAKERS PRIVATE LIMITED	Director	19/03/1989	19/03/1989	-	Active	NO
6	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	14/12/1989	14/12/1989	-	Active	NO
7	U65990MH1990PTC056710	VARAHAGIRI INVESTMENTS AND FINANCE PRIVATE LIMITED	Director	31/05/1990	31/05/1990	-	Active	NO
8	U70200MH1990PTC056723	PENINSULA ESTATES PRIVATE LIMITED	Director	01/06/1990	01/06/1990	-	Active	NO
9	U65990MH1990PTC056736	MATSYAGANDHA INVESTMENT AND FINANCE PRIVATE LIMITED	Director	04/06/1990	04/06/1990	-	Active	NO
10	U65990MH1990PTC057724	CORONET INVESTMENTS PRIVATE LIMITED	Director	29/07/1991	29/07/1991	-	Active	NO
11	L31402WB1947PLC014919	EXIDE INDUSTRIES LIMITED	Director	12/12/1991	12/12/1991	-	Active	NO
12	U67120MH1986PTC042025	R RAHEJA INVESTMENTS PRIVATE LIMITED	Director	18/08/1992	18/08/1992	29/03/2010	Active	NO
13	U55101WB1989PLC047462	INDUS HOTELS CORPORATION LTD.	Director	17/09/1992	17/09/1992	-	Amalgamated	NO
14	U65990MH1993PTC072713	HATHWAY INVESTMENTS PRIVATE LIMITED	Director	06/07/1993	06/07/1993	26/03/2010	Active	NO
15	U26900MH1958PLC011013	H. & R. JOHNSON (INDIA) LIMITED	Director	10/09/1993	10/09/1993	-	Amalgamated	NO
16	L92490TN1983PLC009903	EIH ASSOCIATED HOTELS LIMITED	Director	15/12/1993	15/12/1993	-	Active	NO
17	U45200MH1992PTC066474	GLOBUS STORES PRIVATE LIMITED	Director	24/01/1994	24/01/1994	26/03/2010	Active	NO
18	L65192MH1960PLC011579	FUTURA POLYESTERS LIMITED	Director	17/02/1994	17/02/1994	12/04/2008	Active	NO
19	L26942AP1992PLC014033	PRISM CEMENT LIMITED	Director	01/04/1994	01/04/1994	-	Active	NO
20	U99999MH1982PTC027327	R.B.R. CONSTRUCTIONS PRIVATE LIMITED	Director	04/04/1994	04/04/1994	-	Active	NO
21	U51900MH1986PTC040462	GSTAAD TRADING COMPANY PRIVATE LIMITED	Director	04/04/1994	04/04/1994	-	Active	NO
22	U70100MH1982PTC027329	BRINDABAN LAND DEVELOPMENT PRIVATE LIMITED	Director	04/04/1994	04/04/1994	-	Active	NO
23	U45202MH1990PTC056724	COLONNADE HOUSING PRIVATE LIMITED	Director	04/04/1994	04/04/1994	-	Active	NO
24	U51900MH1990PTC056719	BAY-SIDE EXPORTS PRIVATE LIMITED	Director	04/04/1994	04/04/1994	-	Active	NO
25	U92132KL1992PLC006725	ASIANET SATELLITE COMMUNICATIONS LIMITED	Director	14/09/1994	14/09/1994	24/03/2010	Active	NO
26	U67190MH1995PTC093356	FRANKLIN TEMPLETON ASSET MANAGEMENT (INDIA) PRIVATE LIMITED	Director	06/10/1995	06/10/1995	03/04/2007	Active	NO
27	U26955MH1996PTC100741	RMC READYMIX (INDIA) PRIVATE LIMITED	Director	03/07/1996	03/07/1996	-	Amalgamated	NO
28	U67120MH1986PTC040463	MANALI INVESTMENT AND FINANCE PRIVATE LIMITED	Director	24/07/1996	24/07/1996	-	Active	NO
29	U45200MH1982PTC027357	PRERANA BUILDERS PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
30	U45202MH1990PTC056709	PANCHALI BUILDERS PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
31	U65990MH1990PTC056810	KUNTIPUTRA PROPERTIES PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
32	U45202MH1990PTC056713	KAUNTEYA BUILDERS PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
33	U65990MH1990PTC056812	KUNTINANDAN CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
34	U65990MH1990PTC056814	KAUNTEYA CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
35	U65990MH1986PTC041757	LAVINA CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
36	U45205MH1982PTC027403	AMEETA GRIHNIRMAN PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
37	U45202MH1982PTC027408	BELLVNE CONSTRUCTIONS PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
38	U70101MH1990PTC056811	CHANDRAMOULI FINANCE AND ESTATES PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
39	U45200MH1990PTC056720	CRESCENT PROPERTY DEVELOPERS PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
40	U65990MH1990PTC056728	COLONNADE CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
41	U67120MH1987PTC042595	VILLA CAPRI DEVELOPERS PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
42	U45202MH1990PTC056717	VIDUR CONSTRUCTIONS PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
43	U51900MH1990PTC056718	SHORELINE EXPORTS PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
44	U67120MH1987PTC042594	SHIRAZ REALTORS PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
45	U51900MH1990PTC056737	SEA-SIDE EXPORTERS PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
46	U45200MH1982PTC027305	R B R ESTATES AND FINANCE PRIVATE LIMITED	Director	09/06/1998	09/06/1998	-	Active	NO
47	L72200MH1994PLC082110	SONATA SOFTWARE LIMITED	Director	14/07/1998	14/07/1998	09/04/2008	Active	NO
48	U67120MH1988PTC049753	WINDSOR REALTY PRIVATE LIMITED	Director	07/04/1999	07/04/1999	-	Active	NO
49	U45203MH1998PTC115093	BEACH PLAZA CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	07/04/1999	07/04/1999	26/03/2010	Active	NO
50	U24233KA1997PTC022383	ARDEX ENDURA (INDIA) PRIVATE LIMITED	Director	24/03/2000	24/03/2000	27/04/2010	Active	NO
51	L64204MH1959PLC011421	HATHWAY CABLE AND DATACOM LIMITED	Director	07/09/2000	07/09/2000	-	Active	NO
52	U67190MH1994PTC078231	SPUR CABLE AND DATACOM PRIVATE LIMIITED	Director	07/09/2000	07/09/2000	26/03/2010	Active	NO
53	U67120MH1986PTC040476	BLOOMINGDALE INVESTMENT AND FINANCE PVT LTD	Director	26/03/2001	26/03/2001	-	Active	NO
54	U45200MH1990PTC056706	EXCELSIOR CONSTRUCTION PRIVATE LIMITED	Director	26/03/2001	26/03/2001	26/03/2010	Active	NO
55	U65990MH1992PTC068082	TROPHY INVESTMENT AND FINANCE PRIVATE LIMITED	Director	26/03/2001	26/03/2001	26/03/2010	Active	NO
56	U67120MH1992PTC066494	GSTAAD INVESTMENTS AND FINANCE PRIVATE LIMITED	Director	24/11/2001	24/11/2001	26/03/2010	Active	NO
57	U70101MH1990PTC056813	ARJUN HOUSING PRIVATE LIMITED	Director	03/05/2002	03/05/2002	-	Active	NO
58	L55101WB1949PLC017981	EIH LIMITED	Director	27/06/2002	27/06/2002	-	Active	NO
59	U24110MH2001PLC134105	INNOVASSYNTH TECHNOLOGIES (INDIA ) LIMITED	Director	12/09/2003	12/09/2003	25/06/2008	Active	NO
60	U65993MH2005PTC155684	ARKO DEALERS PRIVATE LIMITED	Director	26/08/2005	26/08/2005	27/03/2010	Active	NO
61	U67120MH1995PTC086142	BESTOW CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	29/08/2005	29/08/2005	27/03/2010	Active	NO
62	U51909MH2005PTC155996	ARKO ENTERPRISES PRIVATE LIMITED	Director	12/09/2005	12/09/2005	27/03/2010	Active	NO
63	U52110TN1999PTC043066	FOODWORLD SUPERMARKETS Private LIMITED	Director	29/12/2006	15/09/2005	26/06/2007	Active	NO
64	U52599TN1996PTC037112	HEALTH AND GLOW RETAILING PRIVATE LIMITED	Director	29/12/2006	16/09/2005	26/06/2007	Active	NO
65	U66010KA2000PLC028273	ING VYSYA LIFE INSURANCE COMPANY LIMITED	Director	28/10/2005	28/10/2005	-	Active	NO
66	U67120MH1992PTC066495	OUTLOOK PUBLISHING (INDIA) PRIVATE LIMITED	Director	30/08/2006	30/08/2006	26/03/2010	Active	NO
67	U01110MH1990PTC056727	BRINDABAN AGRO INDUSTRIES PRIVATE LIMITED	Director	24/11/2006	24/11/2006	-	Active	NO
68	U67120MH1998PTC114377	ING INVESTMENT MANAGEMENT (INDIA) PRIVATE LIMITED	Director	13/04/2007	13/04/2007	-	Active	NO
69	U72900MH2005PTC154875	ING FINANCIAL SERVICES PRIVATE LIMITED	Director	28/09/2007	27/04/2007	18/03/2010	Active	NO
70	U92130MP2007PTC019845	HATHWAY BHASKAR MULTINET PRIVATE LIMITED	Nominee director	30/04/2008	30/04/2008	-	Active	NO

Name :

Mr. Aziz Parpia

Designation :

Director

Address :

9, Blooming Heights, 4, Pali Hill, Bandra (West), Mumbai – 400050, Maharashtra, India

Date of Birth/Age :

83 Years

Qualification :

LLB

Experience :

Senior Solicitor and Advocate with long experience in legal field.

Date of Appointment :

14.12.1989

DIN No.:

00003289

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	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	14/12/1989	14/12/1989	-	Active	NO
2	U63090MH1973PTC016873	CHIKA PRIVATE LIMITED	Director	27/09/1991	27/09/1991	28/04/2010	Active	NO
3	L26942AP1992PLC014033	PRISM CEMENT LIMITED	Director	06/08/1992	06/08/1992	05/05/2010	Active	NO
4	U26900MH1958PLC011013	H. & R. JOHNSON (INDIA) LIMITED	Director	10/09/1993	10/09/1993	-	Amalgamated	NO
5	L31402WB1947PLC014919	EXIDE INDUSTRIES LIMITED	Director	05/11/1993	05/11/1993	28/04/2010	Active	NO
6	U01110MH1990PTC056727	BRINDABAN AGRO INDUSTRIES PRIVATE LIMITED	Director	26/03/1996	26/03/1996	-	Active	NO
7	U51900MH1990PTC056719	BAY-SIDE EXPORTS PRIVATE LIMITED	Director	26/03/1996	26/03/1996	-	Active	NO
8	U99999MH1982PTC027327	R.B.R. CONSTRUCTIONS PRIVATE LIMITED	Director	26/03/1996	26/03/1996	-	Active	NO
9	U93090MH2007PLC166777	SPL INDUSTRIAL PARK LIMITED	Director	06/01/2007	06/01/2007	-	Strike off	NO
10	U93000MH2007PLC173259	SPL INDUSTRIAL SUPPORT SERVICES LIMITED	Director	20/08/2007	20/08/2007	-	Strike off	NO

Name :

Mr. B. L. Taparia

Designation :

Director

Name :

Mr. Satish Raheja

Designation :

Director

Address :

Case Postal 3153, 1211 Geneva 3, Switzerland

Date of Birth/Age :

48 Years

Qualification :

B. Sc. Business Management

Experience :

Is a Director of various Companies. He is a Non-resident Indian and has experience in Business Management.

Date of Appointment :

22.11.1993

DIN No.:

00927801

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	L31402WB1947PLC014919	EXIDE INDUSTRIES LIMITED	Director	12/12/1991	12/12/1991	-	Active	NO
2	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	22/11/1993	22/11/1993	-	Active	NO
3	L26942AP1992PLC014033	PRISM CEMENT LIMITED	Director	01/04/1994	01/04/1994	-	Active	NO
4	L64204MH1959PLC011421	HATHWAY CABLE AND DATACOM LIMITED	Director	07/09/2000	07/09/2000	28/03/2008	Active	NO
5	U66010KA2000PLC028273	ING VYSYA LIFE INSURANCE COMPANY LIMITED	Director	28/10/2005	28/10/2005	-	Active	NO

Name :

Mr. S. J. Taparia

Designation :

Director

Address :

Giri Kunj, NS Road, 71, Marine Drive, Mumbai – 400020, Maharashtra, India

Date of Birth/Age :

66 Years

Qualification :

B. E. (Mechanical)

Experience :

Expertise and rich experience in technical, operational and marketing aspects of industrial products. Actively involved in industry forum.

Date of Appointment :

22.11.1993

DIN No.:

00112513

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	U51900MH1942PTC038009	GUJRAT TEXTILE COMPANY PVT LTD	Director	19/08/1972	19/08/1972	-	Active	NO
2	L35920MH1942PLC003554	THE SUPREME INDUSTRIES LIMITED	Director	15/06/1977	15/06/1977	-	Active	NO
3	L28100MH1968PLC014156	ORICON ENTERPRISES LIMITED	Director	02/08/1977	02/08/1977	-	Active	NO
4	U92140MH1979PLC021532	MULTILAYER FILMS LIMITED	Director	07/08/1979	07/08/1979	-	Amalgamated	NO
5	U67120MH1981PTC024061	BALABHEEM INVESTMENT AND TRADING CO PVT LTD	Director	18/03/1981	18/03/1981	-	Amalgamated	NO
6	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	22/11/1993	22/11/1993	-	Active	NO
7	U65990MH1994PLC081785	SUPREME CAPITAL MANAGEMENT LIMITED	Director	06/10/1994	06/10/1994	-	Active	NO
8	U93090MH2007PLC166777	SPL INDUSTRIAL PARK LIMITED	Director	06/01/2007	06/01/2007	-	Strike off	NO
9	U93000MH2007PLC173259	SPL INDUSTRIAL SUPPORT SERVICES LIMITED	Director	20/08/2007	20/08/2007	-	Strike off	NO
10	U65923MH2010PTC202488	BOON INVESTMENT AND TRADING COMPANY PRIVATE LIMITED	Director	28/04/2010	28/04/2010	-	Active	NO
11	U25209TN1998PTC041067	PLATINUM PLASTIC AND INDUSTRIES PRIVATE LIMITED	Director	14/08/2012	14/08/2012	-	Active	NO

Name :

Mr. Hasmukh Shah

Designation :

Director

Address :

15, Dhanushya Society, Sama Road, Baroda – 390008, Gujarat, India

Date of Birth/Age :

77 Years

Qualification :

B. A.

Experience :

Long experience in industry and is the Ex-Chairman of IPCL besides being the Member of the Board of Directors of reputed Companies.

Date of Appointment :

17.10.1994

DIN No.:

00152195

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	L99999GJ1975PLC002859	ATUL LIMITED	Director	02/11/1992	02/11/1992	-	Active	NO
2	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	17/10/1994	17/10/1994	-	Active	NO
3	L23203GJ1980PLC003623	GUJARAT GAS COMPANY LIMITED	Director	13/01/1999	13/01/1999	-	Active	NO
4	U24220GJ1991PLC016598	MICRO INKS LIMITED	Director	27/06/2000	27/06/2000	-	Active	NO
5	L24230GJ1993PLC019050	SUN PHARMACEUTICAL INDUSTRIES LIMITED	Director	23/03/2001	23/03/2001	-	Active	NO
6	L51900GJ1980PLC065554	SHAILY ENGINEERING PLASTICS LIMITED	Director	07/12/2002	07/12/2002	25/06/2012	Active	NO
7	L24110GJ1970PLC001735	DEEPAK NITRITE LIMITED	Director	21/10/2003	21/10/2003	04/08/2012	Active	NO
8	L92114DL1976PLC008355	COSMO FILMS LIMITED	Director	08/01/2004	08/01/2004	12/04/2010	Active	NO
9	U24230GJ2005PLC045447	DINESH REMEDIES LIMITED	Additional director	21/07/2005	21/07/2005	19/06/2010	Active	NO
10	U29119GJ1989PTC012028	FLEXICAN BELLOWS AND HOSES PRIVATE LIMITED	Director	27/10/2008	27/10/2008	-	Active	NO
11	U34100GJ1978PLC003127	MAHINDRA GUJARAT TRACTOR LIMITED	Director	22/07/2009	15/12/2008	22/04/2010	Active	NO

Name :

Mr. M. S. Ramachandran

Designation :

Director

Address :

Q8, First Floor, Hauz Khas Enclave, New Delhi – 110016, India

Date of Birth/Age :

26.02.1945

Date of Appointment :

04.10.2007

DIN No.:

00943629

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	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	04/10/2007	26/07/2005	-	Active	NO
2	L24292AP1961PLC000876	GULF OIL CORPORATION LIMITED	Director	25/10/2005	25/10/2005	-	Active	NO
3	L51909DL1984PLC018775	CALS REFINERIES LIMITED	Director	29/07/2008	17/10/2007	05/02/2011	Active	NO
4	L24111UR1985PLC015063	ESTER INDUSTRIES LIMITED	Director	19/09/2008	19/09/2008	-	Active	NO
5	L65190GJ1994PLC021012	ICICI BANK LIMITED	Director	29/06/2009	25/04/2009	-	Active	NO
6	L32309KA1954GOI000787	BHARAT ELECTRONICS LIMITED	Director	28/09/2010	23/11/2009	-	Active	NO
7	U67120TN2010PTC085948	MSA HOLDINGS PRIVATE LIMITED	Additional director	10/10/2011	10/10/2011	-	Active	NO
8	L21010AP1964PLC001008	THE ANDHRA PRADESH PAPER MILLS LTD.	Director	22/03/2012	06/12/2011	-	Active	NO

Name :

Mr. R. Kannan

Designation :

Director

Address :

21, Parthasarathy Puram, North Usman Road, T Nagar, Chennai – 600017, Tamilnadu, India

Date of Birth/Age :

23.09.1947

Date of Appointment :

06.10.2009

DIN No.:

00380328

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	U74899DL1998PLC096845	PRIZE PETROLEUM COMPANY LIMITED	Director	01/09/2003	01/09/2003	31/12/2011	Active	NO
2	L17111TN1990PLC019791	GEM SPINNERS INDIA LIMITED	Nominee director	19/03/2004	19/03/2004	18/03/2009	Active	NO
3	U74210TN1979PLC007894	ITCOT CONSULTANCY AND SERVICES LIMITED	Nominee director	21/06/2004	21/06/2004	-	Active	NO
4	L24110MH1919PLC000564	THE DHARAMSI MORARJI CHEMICAL COMPANY LIMITED	Nominee director	30/06/2005	30/06/2005	22/01/2008	Active	NO
5	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	06/10/2009	17/07/2005	-	Active	NO
6	L15421TN1936PLC011632	THE JEYPORE SUGAR COMPANY LIMITED	Director	05/09/2005	05/09/2005	-	Active	NO
7	U65991TN1996PLC036866	TAMILNADU URBAN INFRASTRUCTURE TRUSTEE COMPANY LIMITED	Director	27/03/2006	27/03/2006	-	Active	NO
8	U11101MP1994PLC008162	BHARAT OMAN REFINERIES LTD	Director	14/09/2010	05/02/2008	02/08/2012	Active	NO
9	U15421TN2011PLC079822	V RAMAKRISHNA SUGARS LIMITED	Director	24/03/2011	24/03/2011	-	Active	NO

Name :

Mr. Nihalchand Chauhan

Designation :

Director

Address :

Shripati Arcade, 20^th Floor, Flat No. 4, August Kranti Marg, Nana Chowk, Mumbai – 400036, Maharashtra, India

Date of Birth/Age :

20.11.1935

Date of Appointment :

27.04.2006

DIN No.:

00021782

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	U74120MH1994PTC083907	ENCEE SECURITIES PRIVATE LIMITED	Director	10/01/1995	10/01/1995	08/06/2010	Active	NO
2	U67190MH2001PLC130813	IBS FOREX LIMITED	Director	17/05/2005	17/05/2005	-	Active	NO
3	L28900MH1982PLC028535	KABRA EXTRUSION TECHNIK LTD	Director	21/01/2006	21/01/2006	-	Active	NO
4	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Director	27/04/2006	27/04/2006	-	Active	NO

Name :

Mr. Viren Raheja

Designation :

Alternate Director to Satish Raheja

Address :

Rahejas GB Jukar Road, Juhu, Mumbai – 400049, Maharashtra, India

Date of Birth/Age :

13.06.1984

Date of Appointment :

23.04.2008

DIN No.:

00037592

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	U65990MH1990PTC057724	CORONET INVESTMENTS PRIVATE LIMITED	Director	03/07/2002	03/07/2002	-	Active	NO
2	U67120MH1986PTC040476	BLOOMINGDALE INVESTMENT AND FINANCE PVT LTD	Director	06/07/2002	06/07/2002	-	Active	NO
3	U67120MH1986PTC040463	MANALI INVESTMENT AND FINANCE PVT LTD	Director	06/07/2002	06/07/2002	-	Active	NO
4	U45200MH1992PTC066473	GSTAAD ESTATES PRIVATE LIMITED	Director	23/08/2002	23/08/2002	-	Active	NO
5	U45200MH1991PTC064056	ABU DEVELOPERS P LTD	Director	23/08/2002	23/08/2002	-	Active	NO
6	U67120MH1995PTC086142	BESTOW CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	23/08/2002	23/08/2002	-	Active	NO
7	U45203MH1998PTC115093	BEACH PLAZA CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	23/08/2002	23/08/2002	-	Active	NO
8	U45200MH1992PTC066478	MANALI ESTATES PVT LTD	Director	24/08/2002	24/08/2002	-	Active	NO
9	U67120MH1987PTC042593	KANYAKUMARI INVESTMENT AND FINANCE PVT LTD	Director	24/08/2002	24/08/2002	-	Active	NO
10	U45200MH1992PTC066476	VILLA CAPRI ESTATES PVT LTD	Director	24/08/2002	24/08/2002	-	Active	NO
11	U65990MH1992PTC068082	TROPHY INVESTMENT AND FINANCE PRIVATE LIMITED	Director	24/08/2002	24/08/2002	-	Active	NO
12	U65990MH1990PTC056721	RAGHUKUL INVESTMENTS AND FINANCE PRIVATE LIMITED	Director	26/08/2002	26/08/2002	-	Active	NO
13	U45200MH1996PTC101071	ZILLION CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	26/08/2002	26/08/2002	-	Active	NO
14	U70102MH1995PTC086131	WREN CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	26/08/2002	26/08/2002	-	Active	NO
15	U45200MH1994PTC078110	WHITSUN CONTRACTORS AND BUILDERS PRIVATE LIMITED	Director	26/08/2002	26/08/2002	-	Active	NO
16	U70100MH1991PTC064235	SHALINI DEVELOPERS PRIVATE LIMITED	Director	28/08/2002	28/08/2002	-	Active	NO
17	U65990MH1990PTC056812	KUNTINANDAN CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	03/10/2002	03/10/2002	-	Active	NO
18	U65990MH1990PTC056814	KAUNTEYA CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	03/10/2002	03/10/2002	-	Active	NO
19	U70101MH1990PTC056811	CHANDRAMOULI FINANCE AND ESTATES PRIVATE LIMITED	Director	03/10/2002	03/10/2002	-	Active	NO
20	U65990MH1990PTC056728	COLONNADE CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	03/10/2002	03/10/2002	-	Active	NO
21	U51900MH1990PTC056719	BAY-SIDE EXPORTS PRIVATE LIMITED	Director	03/10/2002	03/10/2002	-	Active	NO
22	U51900MH1990PTC056718	SHORELINE EXPORTS PRIVATE LIMITED	Director	03/10/2002	03/10/2002	-	Active	NO
23	U51900MH1990PTC056737	SEA-SIDE EXPORTERS PRIVATE LIMITED	Director	03/10/2002	03/10/2002	-	Active	NO
24	U99999MH1982PTC027327	R.B.R. CONSTRUCTIONS PRIVATE LIMITED	Director	03/10/2002	03/10/2002	-	Active	NO
25	U45202MH1990PTC056709	PANCHALI BUILDERS PRIVATE LIMITED	Director	03/10/2002	03/10/2002	-	Active	NO
26	U01110MH1990PTC056727	BRINDABAN AGRO INDUSTRIES PRIVATE LIMITED	Director	03/10/2002	03/10/2002	-	Active	NO
27	U65990MH1990PTC056810	KUNTIPUTRA PROPERTIES PRIVATE LIMITED	Director	03/10/2002	03/10/2002	-	Active	NO
28	U45202MH1990PTC056717	VIDUR CONSTRUCTIONS PRIVATE LIMITED	Director	03/10/2002	03/10/2002	-	Active	NO
29	U45200MH1981PTC025009	R. RAHEJA PROPERTIES PRIVATE LIMITED	Director	23/10/2002	23/10/2002	-	Active	NO
30	U67120MH1986PTC042025	R RAHEJA INVESTMENTS PRIVATE LIMITED	Director	23/10/2002	23/10/2002	-	Active	NO
31	U70200MH1990PTC056723	PENINSULA ESTATES PRIVATE LIMITED	Director	23/10/2002	23/10/2002	-	Active	NO
32	U65990MH1990PTC056736	MATSYAGANDHA INVESTMENT AND FINANCE PRIVATE LIMITED	Director	23/10/2002	23/10/2002	-	Active	NO
33	U65990MH1990PTC056710	VARAHAGIRI INVESTMENTS AND FINANCE PRIVATE LIMITED	Director	23/10/2002	23/10/2002	-	Active	NO
34	U70102MH1991PTC064281	SHALINI CONSTRUCTION CO PVT LTD	Director	24/10/2002	24/10/2002	-	Active	NO
35	U70100MH1991PTC064086	SUCHETAN CONSTRUCTION COMPANY PVT LTD	Director	29/11/2002	29/11/2002	-	Active	NO
36	U45200MH1974PTC017995	SONAL PROPERTIES PRIVATE LIMITED	Director	03/12/2002	03/12/2002	-	Active	NO
37	U45200MH1981PTC025147	SHORE LINE CONSTRUCTIONS PVT LTD	Director	03/12/2002	03/12/2002	-	Active	NO
38	U92110MH1977PTC019838	FORTUNE FILMS PRIVATE LIMITED	Director	03/12/2002	03/12/2002	05/04/2010	Active	NO
39	U45200MH1978PTC020320	MEENAKSHI BULDERS PRIVATE LIMITED	Director	12/12/2002	12/12/2002	-	Active	NO
40	U45200MH1981PTC025159	MANALI BUILDERS PVT LTD	Director	12/12/2002	12/12/2002	-	Active	NO
41	U45200MH1979PTC021219	KALPITAM PREMISES PRIVATE LIMITED	Director	12/12/2002	12/12/2002	-	Active	NO
42	U74140MH1979PTC021910	ZIRCON CONSULTANTS PRIVATE LIMITED	Director	12/12/2002	12/12/2002	-	Active	NO
43	U67120MH1992PTC066495	OUTLOOK PUBLISHING (INDIA) PRIVATE LIMITED	Director	21/07/2004	21/07/2004	22/09/2010	Active	NO
44	U67120MH1987PTC042978	BAY-SIDE CONTRACTORS AND DEVELOPEERS PRIVATE LIMITED	Director	04/11/2004	04/11/2004	-	Active	NO
45	U51900MH1986PTC040462	GSTAAD TRADING COMPANY PVT LTD	Director	04/11/2004	04/11/2004	-	Active	NO
46	U51900MH1986PTC040474	BLOOMINGDALE TRADING COMPANY PVT LTD	Director	04/11/2004	04/11/2004	-	Active	NO
47	U70100MH1982PTC027329	BRINDABAN LAND DEVELOPMENT PVT LTD	Director	04/11/2004	04/11/2004	-	Active	NO
48	U45200MH1990PTC056706	EXCELSIOR CONSTRUCTION PRIVATE LIMITED	Director	04/11/2004	04/11/2004	-	Active	NO
49	U45202MH1990PTC056724	COLONNADE HOUSING PRIVATE LIMITED	Director	04/11/2004	04/11/2004	-	Active	NO
50	U70100MH1982PTC027356	RAJAN ESTATES AND FINANCE PVT LTD	Director	04/11/2004	04/11/2004	-	Active	NO
51	U67120MH1987PTC042595	VILLA CAPRI DEVELOPERS PRIVATE LIMITED	Director	04/11/2004	04/11/2004	-	Active	NO
52	U65990MH1986PTC041757	LAVINA CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	05/11/2004	05/11/2004	-	Active	NO
53	U65990MH1992PTC068074	ALA-MONA CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	05/11/2004	05/11/2004	-	Active	NO
54	U45205MH1982PTC027403	AMEETA GRIHNIRMAN PRIVATE LIMITED	Director	05/11/2004	05/11/2004	-	Active	NO
55	U45200MH1991PTC064237	ANANYA CONSTRUCTION COMPANY PRIVATE LIMITED	Director	05/11/2004	05/11/2004	-	Active	NO
56	U67120MH1992PTC068081	BELLVNE CONTRACTORS AND DEVELOPERS PRIVATE LIMITED	Director	05/11/2004	05/11/2004	-	Active	NO
57	U45202MH1982PTC027408	BELLVNE CONSTRUCTIONS PRIVATE LIMITED	Director	05/11/2004	05/11/2004	-	Active	NO
58	U45202MH1990PTC056708	BAY- SIDE CONSTRUCTIONS PRIVATE LIMITED	Director	05/11/2004	05/11/2004	-	Active	NO
59	U45200MH1990PTC056738	AKALPITAM LAND DEVELOPERS PRIVATE LIMITED	Director	05/11/2004	05/11/2004	-	Active	NO
60	U67120MH1992PTC066494	GSTAAD INVESTMENTS AND FINANCE PRIVATE LIMITED	Director	05/11/2004	05/11/2004	-	Active	NO
61	U99999MH1991PTC064057	CHEVY TRADING PVT LTD	Director	05/11/2004	05/11/2004	-	Active	NO
62	U45200MH1990PTC056720	CRESCENT PROPERTY DEVELOPERS PRIVATE LIMITED	Director	05/11/2004	05/11/2004	-	Active	NO
63	U45200MH1992PTC066475	MATSYAGANDHA ESTATES PVT LTD	Director	05/11/2004	05/11/2004	-	Active	NO
64	U45202MH1990PTC056713	KAUNTEYA BUILDERS PRIVATE LIMITED	Director	05/11/2004	05/11/2004	-	Active	NO
65	U70101MH1990PTC056813	ARJUN HOUSING PRIVATE LIMITED	Director	06/11/2004	06/11/2004	-	Active	NO
66	U67120MH1987PTC042594	SHIRAZ REALTORS PRIVATE LIMITED	Director	06/11/2004	06/11/2004	-	Active	NO
67	U45200MH1982PTC027305	R B R ESTATES AND FINANCE PVT LTD	Director	06/11/2004	06/11/2004	-	Active	NO
68	U45200MH1982PTC027357	PRERANA BUILDERS PVT LTD	Director	06/11/2004	06/11/2004	-	Active	NO
69	U45200MH1992PTC066474	GLOBUS STORES PRIVATE LIMITED	Director	08/11/2004	08/11/2004	-	Active	NO
70	U65990MH1993PTC072713	HATHWAY INVESTMENTS PRIVATE LIMITED	Director	16/11/2004	16/11/2004	04/09/2007	Active	NO
71	U67190MH1994PTC078231	SPUR CABLE AND DATACOM PRIVATE LIMIITED	Director	18/12/2004	18/12/2004	-	Active	NO
72	U67120MH1988PTC049753	WINDSOR REALTY PRIVATE LIMITED	Director	09/03/2005	09/03/2005	-	Active	NO
73	U65993MH2005PTC155684	ARKO DEALERS PRIVATE LIMITED	Director	26/08/2005	26/08/2005	-	Active	NO
74	U51909MH2005PTC155996	ARKO ENTERPRISES PRIVATE LIMITED	Director	12/09/2005	12/09/2005	-	Active	NO
75	U92132KL1992PLC006725	ASIANET SATELLITE COMMUNICATIONS LIMITED	Director	21/12/2006	21/12/2006	-	Active	NO
76	L64204MH1959PLC011421	HATHWAY CABLE AND DATACOM LIMITED	Director	28/03/2008	28/03/2008	-	Active	NO
77	L65192MH1960PLC011579	FUTURA POLYESTERS LIMITED	Director	20/08/2008	15/04/2008	08/09/2010	Active	NO
78	L72200MH1994PLC082110	SONATA SOFTWARE LIMITED	Director	10/06/2008	17/04/2008	-	Active	NO
79	L23200MH1989PLC054633	SUPREME PETROCHEM LIMITED	Alternate director	23/04/2008	23/04/2008	-	Active	NO
80	U24110MH2001PLC134105	INNOVASSYNTH TECHNOLOGIES (INDIA ) LIMITED	Director	30/09/2009	25/06/2008	-	Active	NO
81	U70200MH2008PTC177773	AMALFI PROPERTIES PRIVATE LIMITED	Director	21/04/2010	21/04/2010	27/07/2010	Active	NO
82	U70200MH2008PTC177774	ASCONA PROPERTIES PRIVATE LIMITED	Director	21/04/2010	21/04/2010	-	Active	NO

SHAREHOLDING PATTERN

As on 30.06.2012

Names of Shareholders	No. of Shares	Percentage of Holding
(A) Shareholding of Promoter and Promoter Group
(1) Indian
Bodies Corporate	58,712,000	60.63
Sub Total	58,712,000	60.63
(2) Foreign
Total shareholding of Promoter and Promoter Group (A)	58,712,000	60.63
(B) Public Shareholding
(1) Institutions
Mutual Funds / UTI	56,483	0.06
Financial Institutions / Banks	25,250	0.03
Foreign Institutional Investors	159,580	0.16
Sub Total	241,313	0.25
(2) Non-Institutions
Bodies Corporate	4,633,229	4.78
Individuals
Individual shareholders holding nominal share capital up to Rs. 1 lakh	15,385,218	15.89
Individual shareholders holding nominal share capital in excess of Rs. 1 lakh	16,432,806	16.97
Any Others (Specify)	1,434,047	1.48
Trusts	78,624	0.08
Non Resident Indians	1,314,420	1.36
Clearing Members	24,136	0.02
Foreign Corporate Bodies	16,867	0.02
Sub Total	37,885,300	39.12
Total Public shareholding (B)	38,126,613	39.37
Total (A)+(B)	96,838,613	100.00
(C) Shares held by Custodians and against which Depository Receipts have been issued	0	0
(1) Promoter and Promoter Group	0	0
(2) Public	0	0
Sub Total	0	0
Total (A)+(B)+(C)	96,838,613	0

BUSINESS DETAILS

Line of Business :

Manufactures of Styrene Monomer and Polystyrene.

Products :

ITC Code	Product Descriptions
39031909	Polystyrene
39031100	Expandable Polystrene

PRODUCTION STATUS AS ON 30.06.2011

Particulars	Unit	Registered Capacity	Installed Capacity*	Actual Production
Styrene		100000	-	-
Polystyrene		554000	272000	165962
Speciality Polystyrene		47000	25000	12887
Expandable Polystyrene		150000	27700	12753
XPS		5000	5000	8638 m3

Notes:

*As certified by the management and not verified by the auditors.

GENERAL INFORMATION

No. of Employees :

252 (Approximately)

Bankers :

• State Bank of India, Corporate Account Group Branch, Neville House, J N Heredia Marg, Mumbai – 400001, Maharashtra, India
• AXIS Bank Limited
• Central Bank of India
• ICICI Bank Limited
• IDBI Bank Limited
• IndusInd Bank Limited
• ING Vysya Bank Limited
• The Karur Vysya Bank Limited

Facilities :

Secured Loan	As on 30.06.2012 (Rs. in Millions)	As on 30.06.2011 (Rs. in Millions)
Rupee term loans	848.767	924.442
Total	848.767	924.442
Unsecured Loan	As on 30.06.2012 (Rs. in Millions)	As on 30.06.2011 (Rs. in Millions)
Fixed deposits	92.090	142.217
Total	92.090	142.217

Rupee Term Loans amounting to Rs. 12,34.767 millions from Banks are secured by a first charge by way of mortgage of the Company’s immovable properties including Plant and Machinery and by hypothecation of movable assets (except trade receivables) subject to prior charge in favour of Company’s Bankers for working capital facilities.

Working capital facilities (including letters of credit) from banks are secured by hypothecation of Company’s stocks and trade receivables and by second charge by way of mortgage of the Company’s Immovable properties including plant and machinery.

The future annual repayment obligations on secured Loans (Rupee Term Loans) principal amounts for the above long-term borrowings are as under : -

Financial Year	Rs. in millions
2012-2013	386.000
2013-2014	461.000
2014-2015	294.767
2015-2016	93.000

The future annual repayment obligations on unsecured Loan principal amounts for the above long-term borrowings are as under : -

Financial Year	Rs. in millions
2012-2013	96.207
2013-2014	54.652
2014-2015	37.438

Banking Relations :	--
Auditors :
Name :	Parikh and Shah Chartered Accountants
Address :	Mumbai, Maharashtra, India
PAN No.:	AAAFP1843M
Internal Auditors :	G.M. Kapadia and Company Chartered Accountants
Cost Auditors :	Kishore A. Bhatia Chartered Accountants
Others :	The Supreme Industries Ltd. CIN No.: L35920MH1942PLC003554 R Raheja Investments Private Limited CIN No.: U67120MH1986PTC042025
Subsidiaries :	SPL Industrial Park Limited [wound up w.e.f. 14.03.2011] SPL Industrial Support Services Limited [wound up w.e.f. 23.04.2011]

CAPITAL STRUCTURE

As on 30.06.2012

Authorized Capital:

No. of Shares	Type	Value	Amount
125000000	Equity Shares	Rs. 10/- each	Rs. 1250.000 millions
25000000	Redeemable Cumulative Preference Shares	Rs. 10/- each	Rs. 250.000 millions
	TOTAL		Rs. 1500.000 millions

Issued, Subscribed & Paid-up Capital:

No. of Shares	Type	Value	Amount
96838613	Equity Shares	Rs. 10/- each	Rs. 968.386 millions

NOTE:

In the financial year 2007-2008 in accordance with the scheme of amalgamation 8,63,720 equity shares of Rs. 10/- each were allotted to the equity shareholders of the erstwhile SPL Polymers Ltd whose names appeared in the register of members as on August 5,2008 (record Date) without payment being received in cash. The equity shares were issued and allotted in the ratio of 1:6.

In the financial year 2008-2009, The company bought back and extinguished 15,37,907 equity shares which has reduced the paid-up share capital of the company from Rs. 983.765 Millions to Rs. 968.386 Millions.

The details of Shareholders holding more then 5% Shares:

(Rs. in millions)

Name of the Shareholder	No. of Shares held	%
The Supreme Industries Limited	96,838,613	29.88
R. Raheja Investments Private Limited	2,89,36,400	29.88

The reconciliation of the number of shares outstanding is set out below:

Particulars	No. of Shares
Equity Shares at the beginning of the year	96,838,613
Add :	-
Less :	-
Equity Shares at the end of the year	96,838,613

The Company has only one class of shares referred to as equity shares having a par value Rs. 10/- per share. Each holder of equity shares is entitled to one vote per share. The Company declares and pays dividends in Indian Rupees. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in the case of interim dividend. As per the Companies Act, 1956, the holders of equity shares will be entitled to receive remaining assets of the Company, after distribution of all preferential amounts in the event of liquidation of the Company. The distribution will be in proportion to the number of equity shares held by the shareholders.

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		30.06.2012	30.06.2011	30.06.2010
SHAREHOLDERS FUNDS
1] Share Capital		968.386	968.386	968.386
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		2114.638	1958.455	1396.684
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		3083.024	2926.841	2365.070
LOAN FUNDS
1] Secured Loans		848.767	924.442	1344.116
2] Unsecured Loans		92.090	142.217	206.950
TOTAL BORROWING		940.857	1066.659	1551.066
DEFERRED TAX LIABILITIES		438.559	409.664	434.929
TOTAL		4462.440	4403.164	4351.065
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		3448.565	2379.620	2563.254
Capital work-in-progress		555.251	968.841	403.740
INVESTMENT		0.000	0.284	1.999
DEFERREX TAX ASSETS		0.000	0.000	0.000
Other Non-current assets		61.071	48.999	0.000
Foreign Currency Monetary Item Translation Difference		0.000	0.000	1.265
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	2634.592	2601.522	1414.529
	Sundry Debtors	2432.892	2188.956	2314.379
	Cash & Bank Balances	369.666	418.804	357.670
	Other Current Assets	34.464	32.723	0.000
	Loans & Advances	947.712	1261.743	794.840
Total Current Assets		6419.326	6503.748	4881.418
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	5077.248	4288.675	539.678
	Other Current Liabilities	669.672	740.501	2669.886
	Provisions	274.853	469.152	291.047
Total Current Liabilities		6021.773	5498.328	3500.611
Net Current Assets		397.553	1005.420	1380.807
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		4462.440	4403.164	4351.065

PROFIT & LOSS ACCOUNT

	PARTICULARS		30.06.2012	30.06.2011	30.06.2010
	SALES
		Income	22492.526	19212.867	16118.441
		Other Operating revenues	234.196	224.120	0.000
		Other Income	64.876	86.692	27.093
		TOTAL (A)	22791.598	19523.679	16145.534
Less	EXPENSES
		Cost of materials consumed	13982.635	11965.802
		Purchase of stock-in-trade	6023.927	4826.819
		Changes in inventories of finished goods and stock-in-process	207.524	(405.584)
		Employee benefits	218.010	219.187
		Other expenses	1332.569	1227.091
		TOTAL (B)	21764.665	17833.315	14882.115
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		1026.933	1690.364	1263.419
Less	FINANCIAL EXPENSES (D)		319.928	202.164	163.191
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		707.005	1488.200	1100.228
Less/ Add	DEPRECIATION/ AMORTISATION (F)		229.234	203.702	198.388
	PROFIT BEFORE TAX (E-F) (G)		477.771	1284.498	901.840
Less	TAX (I)		144.025	407.469	296.061
	PROFIT AFTER TAX (G-I) (J)		333.746	877.029	605.779
Add / Less	Prior Period Adjustments		0.809	(0.663)	(1.030)
Add / Less	Provision for prior period tax		19.190	0.785	0.000
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		NA	NA	194.566
Less	APPROPRIATIONS
		Transfer to General Reserve	NA	NA	200.000
		Proposed Dividend	NA	NA	174.310
		Corporate Dividend Tax thereon	NA	NA	28.950
	BALANCE CARRIED TO THE B/S		NA	NA	396.055
	EARNINGS IN FOREIGN CURRENCY
		FOB value of Exports	4353.319	4162.849	3430.382
	TOTAL EARNINGS		4353.319	4162.849	3430.382
	IMPORTS
		Raw Materials	18398.960	16124.275	8707.450
		Stores & Spares	19.621	18.383	6.787
		Capital Goods	126.962	86.445	0.000
	TOTAL IMPORTS		18545.543	16229.103	8714.237
	Earnings Per Share (Rs.)		3.24	9.06	6.24

KEY RATIOS

PARTICULARS		30.06.2012	30.06.2011	30.06.2010
PAT / Total Income	(%)	1.46	4.49	3.75
Net Profit Margin (PBT/Sales)	(%)	2.12	6.68	5.60
Return on Total Assets (PBT/Total Assets}	(%)	4.84	14.45	12.11
Return on Investment (ROI) (PBT/Networth)		0.15	0.43	0.38
Debt Equity Ratio (Total Liability/Networth)		2.25	2.24	2.32
Current Ratio (Current Asset/Current Liability)		1.06	1.18	1.39

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	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	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	No
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	No
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

REVIEW OF OPERATIONS

The new plants for Expandable Polystyrene (including Cup Grade EPS) at the Company’s existing site in Maharashtra commenced commercial production from February 2012. The plants are stabilized and products have been well accepted in both the domestic and export markets with the Company receiving repeat orders from its customers in overseas markets.

The increase in installed capacity of Speciality Compounds and Polymers (SPC) to 33500 TPA was implemented in January 2012 by installing 4 new lines.

Domestic Polystyrene market grew by only 1.2% during the year under review due to low growth of economy. Exports from India were substantially lower due to the unrest in the Gulf countries and continuing economic crisis in many European countries. High input prices plus weak rupee squeezed margins during the year.

Cup Grade has received good response from the export markets with repeat orders from certain customers. However, there were certain logistics issues in exports of EPS causing delays in the shipments. The same have recently been resolved.

Outlook

The Company estimates domestic Polystyrene demand growth of about 8% during the year 2012-13. The major drivers for this growth are expected to be:-

i) Refrigeration Industry - which is estimated to grow at about 20% in the coming year. The industry currently at 10.5 million units is expected to grow to about 12.5 million units in the year 2012-13. Major players are planning to export sizeable capacity to the African Countries.

ii) Water Purifiers – with increased exports from India to many developing/underdeveloped countries in Gulf and African countries. Demand though currently at low ebb in India is likely to get a push since many large players are preparing to enter this market in the current year.

iii) Rigid Transparent sheets – which were till now being sourced from China and Taiwan, while 3 manufacturers have already set up their plants in India, another 3 to 4 new entrepreneurs are likely to join this sector during the current year.

iv) PS Foam Food Service ware - with food court culture getting popular in large cities and tier 2 and tier 3 towns and increased awareness about hygiene the demand from this sector will continue to grow. About 30 units have now started making foamed food service wares in India. The current annual demand from this sector is about 18000 MT which is likely to grow by 50% by this year end.

Exports of Polystyrene are likely to improve since it is noticed that political unrest in Gulf is now settling barring one or two countries. Moreover, the concerted efforts of the world leaders to push global economies back to growth path is likely to improve exports market for the Company’s products.

Expandable Polystyrene: The domestic EPS sale is expected to grow by 10% during 2012-13. The construction industry which offers lot of scope for growth continues to be a thrust area for market development for the Company. EPS application in construction in India is only 10% with 90% EPS consumption in shape application. The ratio in China is 60% for construction and 40% in shape applications whereas in Europe it is 80% in construction and 20% for shape applications. Thus EPS use for construction in India continues to be low and is a challenging opportunity for the Company.

Speciality Polymers and Compounds: Considering the growth in the domestic appliances sector and the improving business environment in the international market, business outlook for SPC is positive both for domestic and export markets.

Extruded Polystyrene Insulation Board: Rising energy costs and growing concern about the environment ugurs well for the use of XPS board in construction as an energy saving material. The income tax incentives by the Government of India for building cold chain facilities will help boost demand for XPS and EPS. A mandation for use of insulation material for energy saving in new buildings is under discussion at Central Government and also in various States. In the event it matures, demand for both EPS and XPS will get a jumpstart as both are approved insulation materials. The Company is doubling its efforts to reach out to new customers in existing markets and in hitherto unexplored new markets by adding resources as required. The Company is strengthening the distribution network to improve awareness about the advantages of this product and availability thereof.

Sale of 177120 MT of manufactured products during the year under review, are at the same level as in the previous year despite unfavourable market conditions. With the likely improvement in both domestic and export markets, product availability from the new EPS and Cup Grade EPS plants at Nagothane, the Company estimates a volume growth in its sales of manufactured products by 25% during the current year.

CONTINGENT LIABILITIES

(Rs. in millions)

Contingent liabilities not provided for in respect of :	Year 2011-12
Estimated value of contracts remaining to be executed on capital accounts and not provided for	39.714
Letters of Credit opened by Bankers and outstanding at the year end.	1291.033
Bills discounted but not matured.	752.752
Counter guarantees given to Banks against Banks' guarantees to Customs/ Sales Tax.	27.871
Disputed Excise / Service Tax demand.	222.806
Disputed Sales Tax demand.	0.088
Disputed Income Tax liability (matters under appeal)	49.941
Other Claims.	7.131

FIXED ASSETS:

· Land (Freehold)

· Buildings

· Plant and Machinery

· Office Equipments

· Computers

· Air conditioners

· Vehicles

· Furniture and Fixtures

· Computer 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.53.26
UK Pound	1	Rs.86.23
Euro	1	Rs.68.64

INFORMATION DETAILS

Report Prepared by :

NID

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--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	YES
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		48

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.