MIRA INFORM REPORT

Report Date :

01.08.2013

IDENTIFICATION DETAILS

Name :	MACRO MEDIA DIGITAL IMAGING PRIVATE LIMITED
Registered Office :	147/D, Phase III.D.A., Cherlapally, Hyderabad – 500051, Andhra Pradesh
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	25.11.1999
Com. Reg. No.:	01-032909
Capital Investment / Paid-up Capital :	Rs.34.020 millions
CIN No.: [Company Identification No.]	U01119AP1999PTC032909
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer of Digital Printing.
No. of Employees :	200 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (45)

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

Maximum Credit Limit :	USD 540000
Status :	Satisfactory
Payment Behaviour :	Usually correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track record. The company has seen a slight growth in its net sales as well as net profitability during 2012. Trade relations are fair. Business is active. Payment terms are reported as usually correct. 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 – March 31^st, 2013

Country Name	Previous Rating (31.12.2012)	Current Rating (31.03.2013)
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

We are living in a world where volatility and uncertainty have become the New Normal. We saw a change of government in countries like Tunisia, Egypt, Libya and Vietnam. Once powerful countries in Europe are now fighting for bankruptcy. We have taken growth in the developing part of the world for granted but economic growth in China and India has begun to slow. Companies that were synonymous with their product categories just a few years ago are now no longer in existence. Kodak, the inventor of the digital camera had to wind up its operations, HMV, the British entertainment retailing company and Borders, once the second largest bookstore have shut down due to their inability to evolve their business models with the changing time. Readers’ Digest, Thomson Register are no more !

There is another megatrend happening. The World order is changing as economic power shifts from West to East. According to McKinsey study, it took Britain more than 100 years to double its economic output per person during its industrial revolution and the US later took more than 50 years to do the same. More than a century later, China and India have doubled their GDP per capital in 12 and 18 years respectively. By 2020, emerging Asia will become the world’s largest consuming block, overtaking North America.

The years after the outbreak of the global financial crisis, the world economy continues to remain fragile. The Indian economy demonstrated remarkable resilience in the initial years of the contagion but finally lost ground last year. GDP growth slowed down. Currency has been weakening. There is a marked deceleration in agriculture, industry and services. Dampening sentiment led to a cut-back in investment as well as private consumption expenditure.  Inflation remained at high levels fuelled by the pressure from the food and fuel sectors. The large fiscal and current account deficit s continued to cause grave concern. It is imperative that India regains its growth trajectory of 8-9 % sooner than later. This is crucially important given the need to create gainful livelihood opportunities for the millions living in poverty as also the large contingent of young people joining the job market every year.

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 (GENERAL DETAILS)

Name :	Mr. Venkat Kumar
Designation :	Office Executive
Contact No.:	91-40-27267777
Date :	27.07.2013

LOCATIONS

Registered Office / Head Office:	147/D, Phase III.D.A., Cherlapally, Hyderabad – 500051, Andhra Pradesh, India
Tel. No. :	91-40-27262626
Fax No. :	91-40-27262726
E-Mail :	mrk@mmdi.in
Website :	www.mmdi.in
Location :	Owned
Factory :	Wide Format Printing Division / Octaprint (Digital Press Division) Plot No 23B & 24, Phase I, Part B, Cherlapally IDA, Hyderabad – 500051, Andhra Pradesh, India
Tel. No. :	91-40-27267777 / 8888
Branch Office 1 :	Plot No 116-C,Government Industrial Estate, Near Shayadri Nagar, Charkop Opposite: Icecream Factory Kandival (West), Mumbai - 400067, Maharashtra, India
Branch Office 2 :	Wide Format Printing Division, B-142, Sector - 6, Noida – 201301, Uttar Pradesh, India

DIRECTORS

As on 12.09.2012

Name :

Mr. Karunendra Srinivasa Jasti

Designation :

Executive Director

Address :

Plot No. 30 Road No. 10, Dhanalakshmi Society, Mahendra Hills, Secunderabad – 500026, Andhra Pradesh, India

Date of Appointment :

27.09.2001

DIN No. :

01021857

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	U26109AP1988PTC008918	STYPACK PRIVATE LIMITED	Managing director	05/08/1988	05/08/1988	-	Active	NO
2	U70102AP1989PTC009517	VIJAYA ESTATE AND HOLDINGS PRIVATE LIMITED	Director	25/01/1993	25/01/1993	03/12/2008	Dormant	NO
3	U51219AP1994PTC017322	STYPACK AGRI EXPORTS PRIVATE LIMITED	Managing director	06/04/1994	06/04/1994	-	Active	NO
4	U01119AP1999PTC032909	MACRO MEDIA DIGITAL IMAGING PRIVATE LIMITED	Director	27/06/2012	27/09/2001	-	Active	NO
5	U71120AP2002PLC027001	GOL SALVAGE SERVICES LIMITED	Director	26/12/2003	26/12/2003	05/11/2008	Active	NO
6	U25209AP2004PTC042657	3D FOAMCUT PRIVATE LIMITED	Director	16/02/2004	16/02/2004	-	Active	NO
7	U25206AP2007PTC054330	MAHALAKSHMI STYPACK POLYMERS PRIVATE LIMITED	Director	06/06/2007	06/06/2007	-	Active	NO
8	U24229AP1975PLC001902	COROMANDEL PAINTS LIMITED	Director	30/09/2010	01/10/2009	-	Active	NO
9	U63020AP2013PTC087167	KAY LOGISTICS PRIVATE LIMITED	Director	22/04/2013	22/04/2013	-	Active	NO

Name :

Mr. Dasari Naresh Kumar

Designation :

Managing director

Address :

6-3-1099/1/9, Flat No- 502,Somajiguda, Hyderabad – 500082, Andhra Pradesh, India

Date of Appointment :

25.11.1999

DIN No. :

01778737

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	U01119AP1999PTC032909	MACRO MEDIA DIGITAL IMAGING PRIVATE LIMITED	Managing director	25/11/1999	25/11/1999	-	Active	NO
2	U22219AP2002PTC039910	MACRO MEDIA OUTDOOR SOLUTIONS PRIVATE LIMITED	Director	14/11/2002	14/11/2002	-	Active	NO
3	U70102AP2006PTC048781	VENSISS VENTURES PRIVATE LIMITED	Director	16/01/2006	16/01/2006	-	Active	NO
4	U74300AP2007PTC056591	RAYUDU MEDIA PROJECTS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	03/02/2011	Active	NO
5	U22222AP2013PTC085545	MACRO MEDIA PROPACK PRIVATE LIMITED	Director	31/01/2013	31/01/2013	-	Active	NO

Name :

Mr. Nimmagadda Dharma Rao

Designation :

Executive Director

Address :

10-2-180,Flat- 402,Swarnapalace,Road-1, Maredpally (West), N/R Ramsher Hotel, Secunderabad – 500026, Andhra Pradesh, India

Date of Appointment :

27.06.2012

DIN No. :

01781198

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	U01119AP1999PTC032909	MACRO MEDIA DIGITAL IMAGING PRIVATE LIMITED	Director	27/06/2012	27/09/2001	-	Active	NO
2	U74300AP2007PTC056591	RAYUDU MEDIA PROJECTS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	03/02/2011	Active	NO

Name :

Musunuri Ramakrishna Prasad

Designation :

Joint Managing Director

Address :

42,Saket Phase 11, Kapra,Kushiguda, Hyderabad – 500062, Andhra Pradesh, India

Date of Appointment :

27.06.2012

DIN No. :

01781225

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	U70102AP1989PTC009517	VIJAYA ESTATE AND HOLDINGS PRIVATE LIMITED	Director	25/01/1993	25/01/1993	03/12/2008	Dormant	NO
2	U51219AP1994PTC017322	STYPACK AGRI EXPORTS PRIVATE LIMITED	Director	06/04/1994	06/04/1994	-	Active	NO
3	U52520AP1998PTC030050	SAI VARDHAN ASSOCIATES PRIVATE LIMITED	Director	01/09/1998	01/09/1998	-	Active	NO
4	U01119AP1999PTC032909	MACRO MEDIA DIGITAL IMAGING PRIVATE LIMITED	Whole-time director	27/06/2012	25/11/1999	-	Active	NO
5	U64203AP2000PTC035171	SVAP LINKS PRIVATE LIMITED	Director	20/09/2000	20/09/2000	-	Active	NO
6	U22219AP2002PTC039910	MACRO MEDIA OUTDOOR SOLUTIONS PRIVATE LIMITED	Director	14/11/2002	14/11/2002	-	Active	NO
7	U70102AP2008PTC060939	CUBE SEVEN PROPERTIES PRIVATE LIMITED	Director	09/09/2008	09/09/2008	16/06/2010	Active	NO
8	U45400AP2008PTC060938	CUBE SEVEN VENTURES PRIVATE LIMITED	Director	09/09/2008	09/09/2008	-	Active	NO
9	U24219AP2008PTC062323	PEST BUSTERS INDIA PRIVATE LIMITED	Director	23/12/2008	23/12/2008	-	Active	NO
10	U85100AP2012NPL080040	HYDERABAD BICYCLING CLUB	Director	30/03/2012	30/03/2012	-	Active	NO
11	U22222AP2013PTC085545	MACRO MEDIA PROPACK PRIVATE LIMITED	Director	31/01/2013	31/01/2013	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Venkat Kumar
Designation :	Office Executive

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 12.09.2012

Names of Shareholders	No. of Shares
M. Ramakrishna Prasad	600500
D. Naresh Kumar	850500
J.S. Karunendra	300500
Nimmagadda Dharma Rao	170100
Nimmagadda Srikanth	340200
Sridevi Pavuluri	340200
Pinnamaneni Lenin	425000
Musunuri Sirisha	250000
Jasti Padmaja Rani	125000
Total	3402000

As on 12.09.2012

Equity Share Break up (Percentage of Total Equity)

Category	Percentage of Holding
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer of Digital Printing.
Terms :
Selling :	Cash and Credit
Purchasing :	Cash and Credit

PRODUCTION STATUS (AS ON 31.03.2011)

Particulars	Unit	31.03.2011
Installed capacity	Sq.Ft	60,232,000
Actual Production	Sq.Ft	34,823,886

GENERAL INFORMATION

Customers :

End Users

· Airtel

Blue Star

BPL

Britannia

Coca-Cola

Hindustan Unilever Limited

ICICI Bank Limited

Idea

MRF

MTS

TATA

Samsung

Nokia

Vodafone

No. of Employees :

200 (Approximately)

Bankers :

The Cosmos Co-Operative Bank Limited, 3-5-798, Prathima Schalass, King Koti Road, Basheerbagh,, Hyderabad - 500029, Andhra Pradesh, India

Facilities :

Secured Loans	31.03.2012 (Rs. in Millions)	31.03.2011 (Rs. in Millions)
Long term borrowings
Rupee Term Loans from Banks	34.677	58.381
Short term borrowings
Working Capital Loan from Banks Cash Credit from The Cosmos Co-Operative Bank (Secured by hypothecation of stocks, book debts and all other chargeable current assets of the company.)	50.866	43.424
Total	85.543	101.805

Note:

Long term Borrowings

Nature of Security

Term Loans oH.5,83,80,646 (As on 31.03.2011 Rs. 81.782 millions) was secured by first charge on movable and immovable assets and Personal guarantees of the directors in their personal capacities from The Cosmos Cooperative Bank Limited, Hyderabad.

Installments falling due in respect of all the above Loans upto 31.03.2013 have been grouped under "Current maturities oflong-term debt"

Banking Relations :	--
Auditors :
Name :	Pavuluri and Company Chartered Accountants
Address :	105,1^st Floor,1^st Block, Divya Shakti Complex, Ameerpet, Hyderabad – 500016, Andhra Pradesh, India
Tel. No. :	91-40-23731837 / 40258691
Fax No. :	91-40-23748729
E-Mail :	pavuluriandco@gmail.com pavuluriandco@hotmail.com
PAN No. :	AAKFP8963F
Subsidiary Company :	Macro Media Outdoor Solutions Private Limited CIN No.: U22219AP2002PTC039910
Associate Concerns :	· Sai Vardhan Associates Private Limited Svaplinks Private Limited Staypack Private Limited Vensiss Ventures Private Limited Staypack AgriExports Private Limited Signkraft VijayaAds Vensis Projects

CAPITAL STRUCTURE

As on 31.03.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
5000000	Equity Shares	Rs.10/- each	Rs. 50.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
3402000	Equity Shares	Rs.10/- each	Rs. 34.020 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2012	31.03.2011
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	34.020	34.020
(b) Reserves & Surplus	88.228	77.795
(c) Money received against share warrants	0.000	0.000
(2) Share Application money pending allotment	12.950	7.450
Total Shareholders’ Funds (1) + (2)	135.198	119.265
(3) Non-Current Liabilities
(a) long-term borrowings	38.187	61.502
(b) Deferred tax liabilities (Net)	5.237	6.738
(c) Other long term liabilities	0.000	0.000
(d) long-term provisions	0.000	0.000
Total Non-current Liabilities (3)	43.424	68.240
(4) Current Liabilities
(a) Short term borrowings	50.866	43.424
(b) Trade payables	76.410	89.154
(c) Other current liabilities	42.654	39.803
(d) Short-term provisions	35.086	24.675
Total Current Liabilities (4)	205.016	197.056
TOTAL	383.638	384.561
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	127.070	144.180
(ii) Intangible Assets	0.000	0.000
(iii) Capital work-in-progress	3.441	0.046
(iv) Intangible assets under development	0.000	0.000
(b) Non-current Investments	1.100	1.100
(c) Deferred tax assets (net)	0.000	0.000
(d) Long-term Loan and Advances	11.378	12.792
(e) Other Non-current assets	0.000	0.000
Total Non-Current Assets	142.989	158.118
(2) Current assets
(a) Current investments	0.000	0.000
(b) Inventories	39.941	39.713
(c) Trade receivables	156.721	149.206
(d) Cash and cash equivalents	9.512	6.477
(e) Short-term loans and advances	34.475	31.047
(f) Other current assets	0.000	0.000
Total Current Assets	240.649	226.443
TOTAL	383.638	384.561

SOURCES OF FUNDS		31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		34.020
2] Share Application Money		7.450
3] Reserves & Surplus		64.030
4] (Accumulated Losses)		0.000
NETWORTH		105.500
LOAN FUNDS
1] Secured Loans		124.537
2] Unsecured Loans		1.678
TOTAL BORROWING		126.215
DEFERRED TAX LIABILITIES		5.930
TOTAL		237.645
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		120.716
Capital work-in-progress		0.000
INVESTMENT		1.100
DEFERRED TAX ASSETS		0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	16.801
	Sundry Debtors	184.174
	Cash & Bank Balances	4.584
	Other Current Assets	0.000
	Loans & Advances	38.280
Total Current Assets		243.839
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	92.864
	Other Current Liabilities	27.242
	Provisions	7.904
Total Current Liabilities		128.010
Net Current Assets		115.829
MISCELLANEOUS EXPENSES		0.000
TOTAL		237.645

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011	31.03.2010
	SALES
		Income		444.289	425.664
		Other Income		4.293	2.026
		TOTAL (A)	459.193	448.582	427.690
Less	EXPENSES
		Manufacturing Expenses		258.532	229.661
		Payment and Benefits to employees		50.117	40.409
		Administrative Expenses		101.818	104.511
		Increase in Work In Process		(21.043)	0.567
		TOTAL (B)	404.640	389.424	375.148
	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		54.553	59.158	52.542
Less	FINANCIAL EXPENSES (D)		17.586	15.738	17.287
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		36.967	43.420	35.255
Less/ Add	DEPRECIATION/ AMORTISATION (F)		21.311	23.031	23.812
	PROFIT BEFORE TAX (E-F) (G)		15.656	20.389	11.443
Less	TAX (H)		5.223	6.624	4.137
	PROFIT AFTER TAX (G-H) (I)		10.433	13.765	7.306
	EARNINGS IN FOREIGN CURRENCY		0.778	0.287	0.000
	IMPORTS
		Raw Materials	NA	26.226	43.939
	TOTAL IMPORTS		NA	26.226	43.939
	Earnings Per Share (Rs.)		3.07	4.05	2.15

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	2.27	3.07	1.71
Net Profit Margin (PBT/Sales)	(%)	NA	5.59	2.69
Return on Total Assets (PBT/Total Assets}	(%)	4.13	5.32	3.14
Return on Investment (ROI) (PBT/Networth)		0.12	0.17	0.11
Debt Equity Ratio (Total Debt/Networth)		0.66	0.88	1.20
Current Ratio (Current Asset/Current Liability)		1.17	1.15	1.90

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	Yes
9]	Name of person contacted	Yes
10]	Designation of contact person	Yes
11]	Turnover of firm for last three years	Yes
12]	Profitability for last three years	Yes
13]	Reasons for variation <> 20%	-----
14]	Estimation for coming financial year	No
15]	Capital in the business	Yes
16]	Details of sister concerns	Yes
17]	Major suppliers	No
18]	Major customers	Yes
19]	Payments terms	Yes
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	No

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10438140	30/05/2013	36,000,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	3-5-798, PRATHIMA SCHALASS, KING KOTI ROAD, BASHEERBAGH, HYDERABAD - 500029, ANDHRA PRADESH, INDIA	B80165608
2	10427582	07/05/2013	6,300,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	3-5-798, PRATHIMA SCHALASS, KING KOTI ROAD, BASHEERBAGH, HYDERABAD - 500029, ANDHRA PRADESH, INDIA	B75778480
3	10382573	27/09/2012	73,500,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	3-5-798, PRATHIMA SCHALASS, KING KOTI ROAD, BASHEERBAGH, HYDERABAD - 500029, ANDHRA PRADESH, INDIA	B60477916
4	10363976	27/06/2012	7,500,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	3-5-798, PRATHIMA SCHALASS, KING KOTI ROAD, BASHEERBAGH, HYDERABAD - 500029, ANDHRA PRADESH, INDIA	B42989996
5	10344807	07/03/2012	5,000,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	3-5-798, PRATHIMA SCHALASS, KING KOTI ROAD, BASHEERBAGH, HYDERABAD - 500029, ANDHRA PRADESH, INDIA	B35984343
6	10302824	20/08/2011	10,500,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	3-5-798, PRATHIMA SCHALASS, KING KOTI ROAD, BASHEERBAGH, HYDERABAD - 500029, ANDHRA PRADESH, INDIA	B19040260
7	10299269	08/07/2011	5,000,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	3-5-798, PRATHIMA SCHALASS, KING KOTI ROAD, BASHE ERBAGH, HYDERABAD - 500029, ANDHRA PRADESH, INDIA	B17700725
8	10257003	27/12/2010	7,500,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	3-5-798, PRATHIMA SCHALASS, KING KOTI ROAD, BASHEERBAGH, HYDERABAD - 500029, ANDHRA PRADESH, INDIA	B01851674
9	10232632	30/07/2010	5,000,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	3-5-798, PRATHIMA SCHALASS, KING KOTI ROAD, BASHEERBAGH, HYDERABAD - 500029, ANDHRA PRADESH, INDIA	A91260810
10	10232638	30/07/2010	48,025,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	3-5-798, PRATHIMA SCHALASS, KING KOTI ROAD, BASHE ERBAGH, HYDERABAD - 500029, ANDHRA PRADESH, INDIA	A91261305
11	10216469	12/04/2010	7,100,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	PRATIMA SCHALLAS,, 3-5-798, KING KOTI ROAD, HYDERABAD - 500082, ANDHRA PRADESH, INDIA	A84860394
12	10178194	24/09/2009 *	22,900,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	269/270, SHANIVAR PET, PUNE - 411030, MAHARASHTRA, INDIA	A71324206
13	10111388	02/07/2008	3,200,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	269/270, COSMOS HEIGHTS, SHANIWAR PETH, PUNE - 411030, MAHARASHTRA, INDIA	A41493545
14	10111274	14/06/2008	22,500,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	269/270, COSMOS HEIGHTS, SHANIWAR PETH, PUNE - 411030, MAHARASHTRA, INDIA	A41493438
15	10066951	25/07/2007	29,500,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	KING KOTI ROAD BRANCH, HYDERABAD - 500001, ANDHRA PRADESH, INDIA	A22754246
16	10024539	26/09/2006	5,500,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	269/270, SHANIWARPETH, PUNE - 411030 , MAHARASHTRA, INDIA	A06144711
17	10010378	14/06/2008 *	204,783,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	269/270, COSMOS HEIGHTS, SHANIWAR PETH, PUNE - 411030, MAH ARASHTRA, INDIA	A41259797
18	90125172	23/04/2005 *	128,573,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	HYDERABAD BRANCH, HYDERABAD, ANDHRA PRADESH, INDIA	-
19	90130573	12/10/2004	33,000,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	269-270, SHANIWARPETH, PUNE - 411030, MAHARASHTRA , INDIA	-
20	90126881	20/07/2004	1,000,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	269-270, SHANIWARPETH, PUNE - 411030, MAHARASHTRA , INDIA	-
21	90130315	05/08/2003	9,000,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	269-270, SHANIWARPETH, PUNE - 411030, MAHARASHTRA , INDIA	-
22	90130215	12/10/2004 *	10,000,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	269-270, SHANIWARPETH, PUNE - 411030, MAHARASHTRA , INDIA	-
23	90130192	13/12/2002	7,000,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	269-270, SHANIWARPETH, PUNE - 411030, MAHARASHTRA , INDIA	-
24	90130136	18/07/2002	7,000,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	269-270, SHANIWARPETH, PUNE - 411030, MAHARASHTRA , INDIA	-
25	90130099	26/03/2002	7,000,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	269-270, SHANIWARPETH, PUNE - 411030, MAHARASHTRA , INDIA	-
26	90129892	03/11/2000	1,290,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	269-270, SHANIWARPETH, PUNE - 411030, MAHARASHTRA , INDIA	-
27	90128013	02/11/2000	20,583,000.00	THE COSMOS CO-OPERATIVE BANK LIMITED	269-270, SHANIWARPETH, PUNE - 411030, MAHARASHTRA , INDIA	-

* Date of charge modification

PERFORMANCE AND PROSPECTS:

During the year the company has earned a total income of Rs. 459.192 millions as against the Income from operations of Rs. 448.604 millions in the corresponding previous year. After providing for Depreciation of Rs.21.310 millions and Provision for Tax of Rs.5.223 millions the net profit stood at Rs.10.432 millions. The directors are confident that the company will do better in the current year. In order to conserve the resources for working capital requirements the directors could not recommend any dividend for the year.

UNSECURED LOANS

Particulars	31.03.2012 (Rs. in Millions)	31.03.2011 (Rs. In Millions)
Long term borrowings
Rupee Term Loans From Banks	1.428	1.262
Inter Corporate Deposits	2.082	1.859
Total	3.510	3.121

FIXED ASSETS

· Freehold Land

Freehold Building

Machinery

Electricals

Office Equipments

Furniture and Fixture

Vehicles

Computers

PRESS RELEASE

MACROMEDIA DIGITAL INSTALLS INDIA’S FIRST HP-SCITEX CORJET

With a massive investment of Rs 9 crore in the new facility and logistics already in place, Macromedia Digital is the leading service provider of large format digital printing solutions. The company has recently been in the limelight for being the first to install HP-Scitex CORjet in India at their state-of-the-art facility in Hyderabad.

Macromedia Digital Imaging Private Limited is one of the pioneers of super large format digital printing in India, dedicated to provide high quality digital prints in the shortest possible time frame. The company offers high-end digital printing solutions to meet the ever-increasing demands of the sign and display businesses, offering a single window service for specialty graphics. The company has set up its state-of-the-art facility in Hyderabad to provide a wide range of world-class display solutions to customers across the country. They have become the first to install HP-Scitex CORjet in India to enable cost-effective short-runs for niche applications and production jobs for all indoor applications like POP displays and dispensers. This state-of-the-art facility has been designed to overcome any limitation concerning the minimal job size. The HP Scitex FB6700 (CORjet Premium) flatbed industrial digital inkjet press brings the advantages of digital processes to rigid-media printing. It can print directly to rigid sheets up to 160cm x 320cm (63”x120”) and up to 12mm thick, and enables high-quality costeffective short runs for POP applications and short-run production, including test marketing, product launches, promotional campaigns, creative packaging, and 3D displays. Using a 6-colour drop-on-demand piezoelectric inkjet printing process, and water-based pigmented inks that are fastdrying, abrasion-resistant and waterproof, the HP Scitex FB6700 prints at true 600 dpi with throughput of up to 150 m2/hr (1614 sq ft/hr). Thus, the machine features unmatched reliability with fast turnarounds, high performance, simple and timeoptimised operations and excellent tooling flexibility that result in top-notch productivity to meet tight deadlines. It can print on rigid substrates such as corrugated cardboards, PVC sheets, flute boards, foam boards, compressed cardboards, plastic boxes, styrene boards and other paper-based liners on rigid substrates.

Besides this, they have ten Scitex Grandjet and four Scitex XLjet wide format printers. Each digital print that comes out of Macromedia is a work of art. High resolutions of up to 740 dpi give unmatched finesse to the prints, ensuring maximum clarity for all outdoor and indoor requirements.

With its headquarters in Hyderabad, Macromedia Digital has printing facilities in Delhi, Mumbai, Chennai, Bangalore and Kolkata. Thus, Macromedia today is capable of handling national outdoor campaigns of any size and deliver them to any part of the country within 24 hours in metros and 24-48 hours in mini-metros and other centres. The company has the largest installed capacity in India to print, seam and deliver more than 1,70,000 sq ft of graphics in a day. Macromedia’s quality is backed by a warranty of up to 2 years.

Macromedia’s range of digital print solutions include billboards, banners, fleet graphics, window graphics, backlit signages, mesh printing, bus-shelters, kiosks, reflective printing, trade shows exhibits, backdrops and other indoor and outdoor graphics.

Macromedia has been the first choice of large number of MNCs, corporates, outdoor agencies, advertising agencies, and production houses. Their list of clients include: Aaren Initiative Outdoor Advertising Private Limited, BSNL, Britannia Industries Limited, Godfrey Phillips India Limited, Grasim Industries Limited, Hindustan Coca Cola Beverages Private Limited, Hutchison Essar South Limited, Idea Cellular Limited, Reliance Infocom Limited, Star India Limited, Tata Teleservices Limited, etc.

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 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.61.12
UK Pound	1	Rs.92.97
Euro	1	Rs.80.95

INFORMATION DETAILS

Information Gathered by :	NYN
Report Prepared by :	MRI

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	5
--CREDIT LINES	1~10	5
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		45

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
NB		NEW BUSINESS

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.