MIRA INFORM REPORT
|
Report Date : |
27.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
MAHALAXMI TMT PRIVATE LIMITED (w.e.f 13.01.2009) |
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Formerly Known
As : |
MAHALAXMI INGOTS PRIVATE LIMITED |
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Registered
Office : |
B – 306, Dynasty Business Park, JB Nagar, Andheri Kurla Road, Andheri
(East), Mumbai – 400059, Maharashtra |
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Country : |
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Financials (as
on) : |
31.03.2011 |
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Date of
Incorporation : |
10.08.2004 |
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Com. Reg. No.: |
11-147918 |
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Capital
Investment/ Paid-up Capital: |
Rs.80.100 Millions |
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CIN No.: [Company Identification
No.] |
U27100MH2004PTC147918 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
NSKM05379D |
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PAN No.: [Permanent Account No.] |
AAECM8393D |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Manufacturer and Supplier of Thermo Mechanical Treated / MS Rods /
Round, etc |
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No. of
Employees: |
1200 [Approximately] |
RATING & COMMENTS
|
MIRA’s Rating : |
B (30) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 5860000 |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a part of “Sangam Group” It is an established company having a moderate track record. The latest
financials are not made available with the government department. As per previous year’s, the performance seems to be satisfactory.
Trade relations are reported to be fair. Business is active. Payments are
reported to be unknown. The company can be considered for business dealings with some caution.
|
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CARE |
|
Rating |
B+ [Long Term Bank Facilities] |
|
Rating Explanation |
Having high risk of default regarding timely servicing of financial
obligation. |
|
Date |
August 2012 |
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2012.
INFORMATION PARTED BY
|
Name : |
Mr. Yogesh Ramnivas Mandhani |
|
Designation : |
Director |
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Contact No.: |
91-9822060827 |
|
Date : |
26.04.2013 |
LOCATIONS
|
Registered Office : |
B – 306, Dynasty Business Park, JB Nagar, Andheri Kurla Road, Andheri
(East), Mumbai – 400059, Maharashtra, India |
|
Tel No: |
91-22-61115200 / 228/ 299 / 28227861 / 64 |
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Mobile No.: |
91-9822060827 (Mr. Yogesh
Ramnivas Mandhani) |
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Fax No: |
91-22-28227865 |
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E-Mail : |
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Location : |
Owned |
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Factory : |
Plot No.C-2, Deoli Growth Centre, Deoli MIDC, Deoli, District Wardha –
442101, Maharashtra, India |
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Tel No.: |
91-7152-254044 |
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Fax No.: |
91-2482-320184 |
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E-mail: |
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Branch Office : |
190, Priyadarshini Colony Sambhaji Nagar, Jalana – 431203, |
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Email: |
DIRECTORS
AS ON 29.09.2012
|
Name : |
Mr. Ram Pal Soni |
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Designation : |
Director |
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Address : |
01, Main Sector, Shstri Nagar, Bhilwara – 311001, |
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Date of Birth/Age : |
26.01.1946 |
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Qualification : |
Bsc. Diploma in Civil Engineering |
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Date of Appointment : |
18.03.2010 |
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DIN NO: |
00401439 |
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Name : |
Mr. Yogesh Ramnivas Mandhani |
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Designation : |
Director |
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Address : |
H. No 1, 28, 4118, 3, Ramnivas, Karwa Nagar, Jalna – 431203, |
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Date of Birth/Age : |
06.12.1976 |
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Qualification : |
BE in Chemical Engineering |
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Date of Appointment : |
26.05.2008 |
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DIN NO: |
01691583 |
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Name : |
Mr. Anurag Ram Pal Soni |
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Designation : |
Director |
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Address : |
01, Main Sector, Shstri Nagar, Bhilwara – 311001, |
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Date of Birth/Age : |
29.08.1988 |
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Qualification: |
MBA in Finance |
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Date of Appointment : |
30.03.2011 |
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DIN NO: |
03407094 |
KEY EXECUTIVES
|
Name : |
Mr. Manoj Kumar Palaria |
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Designation : |
Secretary |
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Address : |
Plot No. 62, Vaibhav Sevgram Road, Snehal Nagar, Wardha-443201, Maharashtra,
India |
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Date of Birth/Age : |
26.05.1974 |
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Date of Appointment : |
30.03.2011 |
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Pan No.: |
AJVPP8366Q |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 29.09.2012
|
Names of Shareholders |
|
No. of Shares |
|
Sanjay Ramkishan Mantri |
|
5000 |
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Ramkishan Nanakram Mantri |
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5000 |
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Sangam Infratech Limited, India
|
|
10100000 |
|
Swift Venturers Private Limited, India |
|
2300000 |
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Dhanlaxmi Re Rolling Mill, India |
|
900000 |
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Sukaniya Properties Private Limited, India |
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350000 |
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Seawoods Hospitality and Realty Private Limited, India |
|
325000 |
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Intime Realty Private Limited, India |
|
275000 |
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Sangam Business Credits Limited, India |
|
250000 |
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Suchitra Finance and Trading Company Limited, India |
|
2000000 |
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TOTAL
|
|
16510000 |
AS ON 29.09.2012
|
Equity Share Breakup |
|
Percentage of Holding |
|
Category |
|
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Bodies
corporate |
|
99.94 |
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Directors
or relatives of directors |
|
0.06 |
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TOTAL |
|
100.00 |
BUSINESS DETAILS
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Line of Business : |
Manufacturer and Supplier of Thermo Mechanical Treated / MS Rods /
Round, etc |
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Products : |
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Imports : |
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Products : |
Raw Materials |
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Countries : |
Dubai |
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Terms : |
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Selling : |
Cash and Credit |
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Purchasing : |
Cash and Credit |
GENERAL INFORMATION
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Customers : |
Wholesalers and Retailers |
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No. of Employees : |
1200 [Approximately] |
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Bankers : |
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Facilities : |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
R. N. Bhutra and Company Chartered Accountants |
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Address : |
608-609, Chambers, |
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PAN No: |
AJUPB5639F |
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Associates / Joint Ventures: |
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Other Related
Parties : |
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CAPITAL STRUCTURE
AS ON 29.09.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
25000000 |
Equity Shares |
Rs.10/- each |
Rs.250.000 Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
16510000 |
Equity Shares |
Rs.10/- each
|
Rs.165.100
Millions |
AS ON 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
15000000 |
Equity Share |
Rs.10/- each |
Rs.150.000 Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
8010000 |
Equity Share |
Rs.10/- each |
Rs.80.100
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 |
80.100 |
40.100 |
0.100 |
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2] Share Application Money |
627.369 |
252.327 |
0.100 |
|
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3] Reserves & Surplus |
759.161 |
362.513 |
2.512 |
|
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4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
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NETWORTH |
1466.630 |
654.940 |
2.712 |
|
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LOAN FUNDS |
|
|
|
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1] Secured Loans |
3087.927 |
531.621 |
0.000 |
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2] Unsecured Loans |
0.000 |
0.000 |
105.454 |
|
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TOTAL BORROWING |
3087.927 |
531.621 |
105.454 |
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DEFERRED TAX LIABILITIES |
18.229 |
0.000 |
0.000 |
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TOTAL |
4572.786 |
1186.561 |
108.166 |
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APPLICATION OF FUNDS |
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FIXED ASSETS [Net Block] |
742.830 |
0.000 |
0.000 |
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Capital work-in-progress |
2352.727 |
934.686 |
104.291 |
|
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Expenditure Pending Allocation |
382.582 |
79.802 |
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INVESTMENT |
0.032 |
0.000 |
0.000 |
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DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
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CURRENT ASSETS, LOANS & ADVANCES |
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|
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Inventories |
406.983
|
151.183
|
0.000
|
|
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Sundry Debtors |
507.000
|
0.000
|
0.000
|
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Cash & Bank Balances |
133.395
|
74.006
|
2.538
|
|
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Other Current Assets |
174.832
|
0.000
|
0.000
|
|
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Loans & Advances |
336.458
|
117.094
|
6.833
|
|
Total
Current Assets |
1558.668
|
342.283
|
9.371 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditor |
365.356
|
161.165
|
3.816
|
|
|
Other Current Liability |
87.589
|
9.045
|
0.000
|
|
|
Provisions |
11.108
|
0.000
|
1.828
|
|
Total
Current Liabilities |
464.053
|
170.210
|
5.644 |
|
|
Net Current Assets |
1094.615
|
172.073
|
3.727
|
|
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MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.148 |
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|
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|
|
|
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TOTAL |
4572.786 |
1186.561 |
108.166 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
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SALES |
|
|
|
|
|
|
|
Income |
4740.611 |
-- |
-- |
|
|
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Other Income |
165.096 |
-- |
-- |
|
|
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TOTAL (A) |
4905.707 |
-- |
-- |
|
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Less |
EXPENSES |
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|
Office Expenses |
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Administrative Expenses |
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Advertising Expenses |
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TOTAL (B) |
4717.250 |
-- |
-- |
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Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
188.457 |
-- |
-- |
|
|
|
|
|
|
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|
Less |
FINANCIAL
EXPENSES (D) |
92.849 |
-- |
-- |
|
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PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
95.608 |
-- |
-- |
|
|
|
|
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|
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|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
40.730 |
-- |
-- |
|
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|
|
|
|
|
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|
PROFIT BEFORE
TAX (E-F) (G) |
54.878 |
-- |
-- |
|
|
|
|
|
|
|
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|
Less |
TAX (H) |
18.229 |
-- |
-- |
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|
PROFIT AFTER TAX
(G-H) (I) |
36.649 |
-- |
-- |
|
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|
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TOTAL EARNINGS |
2.897 |
-- |
-- |
|
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|
|
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|
Earnings Per
Share (Rs.) |
4.58 |
-- |
-- |
|
|
Particulars |
|
31.03.2013 |
31.03.2012 |
|
Sales Turnover [Approximately] |
|
More than
10000.000 |
7000.000 |
The above information has been parted by Mr. Yogesh Ramnivas Mandhani.
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
0.75
|
--
|
-- |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
1.16
|
--
|
-- |
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|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
2.38
|
--
|
-- |
|
|
|
|
|
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|
Return on Investment (ROI) (PBT/Networth) |
|
0.04
|
--
|
-- |
|
|
|
|
|
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|
Debt Equity Ratio (Total Debt/Networth) |
|
2.10
|
0.81
|
38.88
|
|
|
|
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|
Current Ratio (Current Asset/Current Liability) |
|
3.36
|
2.01
|
1.16
|
LOCAL AGENCY FURTHER INFORMATION
SUNDRY CREDITOR
DETAILS:
Rs.
In Millions
|
Particulars
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
Sundry
Creditor |
|
|
|
|
-
Due Others |
365.356
|
161.166
|
3.816
|
|
Sr. No. |
Check List by
Info Agents |
Available in
Report (Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
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3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
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5] |
Type of Business |
Yes |
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6] |
Line of Business |
Yes |
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7] |
Promoter's background |
Yes |
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8] |
No. of employees |
Yes |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact person |
Yes |
|
11] |
Turnover of firm for last five 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 |
Yes |
|
20] |
Export / Import details (if applicable) |
Yes |
|
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 |
No |
|
30] |
Major Shareholders, if available |
Yes |
|
31] |
PAN of Proprietor/Partner/Director, if available |
No |
|
32] |
Date
of Birth of Proprietor/Partner/Director, if available |
Yes |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
Yes |
NOTE:
The Registered Office of the company has been shifted from 190, Priyadarshini
Colony Sambhaji Nagar, Jalana – 431203,
REVIEW OF OPERATING PERFORMANCE
OPERATION AND SALES:
During the year, the Company produced
180979.86 tons of Billets products as against 81.22 tons during the last year.
The Company achieved a capacity utilization of 54%.
The year 2010-11 was the first year of
production, even after that your company was achieved an EBIDTA of Rs 188.500
Millions and Net profit before deferred tax provision of Rs 55.800 Millions.
FINANCE
The company has already concluded the
financial tie-up of ongoing project of 6114.200 Millions.
On the same line, the company has also tied up
the need of total working capital facilities of Rs 2990.000 Millions s with the
consortium of bankers lead by State Bank of Bikaner and Jaipur.
PROJECT ON GOING AND BALANCING EQUIPMENT
The Company has undertaken to setting up
manufacturing plant of Sponge Iron, Rolling Mill and Power Plant for captive
consumption with the total project cost estimated to Rs. 6114.200 Millions. The
Financial tie-up was already concluded in last year. The implementation of the
same project is under progress during the last year.
FUTURE OUTLOOK
Government is also developing huge
infrastructure, housing and construction for higher growth rate. So, steel is
the basic requirement in infrastructure development which will always create
demand of steel in near future
Their company is one of the biggest single
location manufacturing capacity for Billets in Central India The Wardha is
developing as an industrial hub for steel and power industry.
CONTINGENT LIABILITY (AS ON 31.03.2011)
The Company has
given Bank guarantee of Rs. 69.718 Millions in favour of Maharashtra State
Electricity Distribution Company Limited for supply of Electricity at the Plant
and Rs. 0.500 Million in favour of Maharashtra Pollution Control Board.
Further the company has opened Letter of Credit of Rs. 90.600 Millions, which
is outstanding as on 31st March, 2011. Details of the same are as follows.
(Rs. In Millions)
|
Sr. No. |
L/C Opening Date |
In Favour of |
L/C Amount |
|
1 |
23.03.2011 |
Assar International Pte Limited |
12.708 |
|
2 |
28.03.2011 |
Assar International Pte Limited |
12.582 |
|
3 |
28.03.2011 |
Globle Metcrop Limited |
43.763 |
|
4 |
30.03.2011 |
Quality Metal FZE |
21.510 |
BANKERS CHARGES
REPORT AS PER REGISTRY
|
This form is for |
Creation of
charge |
|
Corporate identity
number of the company |
U27100MH2004PTC147918 |
|
Name of the
company |
MAHALAXMI TMT
PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
B – 306, Dynasty Business Park, JB Nagar, Andheri Kurla Road, Andheri
(East), Mumbai – 400059, Maharashtra, India |
|
Type of charge |
Movable Property
[not being pledge] |
|
Particular of
charge holder |
Union Bank of India, First Floor, Union Bank Bhavan, 239, Vidhan Bhavan Marg, Nariman
Point, Mumbai – 400021, Maharashtra, India Email: katkar@unionbankofindia.com |
|
Nature of
description of the instrument creating or modifying the charge |
Term Loan
Agreement (Hypothecation of Movables) dated 25.10.2012 |
|
Date of
instrument Creating the charge |
25.10.2012 |
|
Amount secured by
the charge |
Rs.500.000
Millions |
|
Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest As stipulated and
agreed by and with the Bank from time to time. Terms of Repayment The term loan is
payable in 28 equal quarterly installments of Rs. 17.900 Millions Margin As applicable Extent and Operation of the charge The Bank is
having first charge by way of hypothecation. |
|
Short particulars
of the property charged |
Hypothecated by
way of first charge all its movable property including moveable goods ,
equipment and Hypothecated by way
of charge on bills, claims, demands, receivable , actionable claims, book
debts , vehicles, plant & machineries both present and future whether
installed or to be installed Embedded in earth
or lying loose, stores, spares etc at the company premises or its factory
premises, or with rail agent, shipper or lying elsewhere. |
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
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.54.17 |
|
|
1 |
Rs.82.99 |
|
Euro |
1 |
Rs.70.62 |
INFORMATION DETAILS
|
Information
Gathered by : |
PDT |
|
|
|
|
Report Prepared
by : |
TPT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
4 |
|
--CREDIT LINES |
1~10 |
3 |
|
--MARGINS |
-5~5 |
- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
30 |
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 |
- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.