MIRA
INFORM REPORT
|
Report Date : |
17.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
COASTAL ENERGY PRIVATE LIMITED |
|
|
|
|
Registered Office : |
5th Floor, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.03.2012 |
|
|
|
|
Date of Incorporation : |
18.02.1997 |
|
|
|
|
Com. Reg. No.: |
18-037547 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.67.446 Millions |
|
|
|
|
CIN No.: [Company
Identification No.] |
U52599TN1997PTC037547 |
|
|
|
|
TAN No.: [Tax
Deduction & Collection Account No.] |
CHEC02209E |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business : |
Trader and Importer of Non Coking Coal. |
|
|
|
|
No. of Employees: |
Not Available |
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 31st, 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.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
ICRA |
|
Rating |
BBB- (Long Term Rating) |
|
Rating Explanation |
Moderate credit quality. It carry average credit risk. |
|
Date |
February 2013 |
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 : |
Ms. Umamahe Shwaavi |
|
Designation : |
Accountant |
|
Contact No.: |
91-44-43974397 |
LOCATIONS
|
Registered Office : |
5th Floor, |
|
Tel. No.: |
91-44-43974397/
28255792/ 28235379/ 28235380/ 28231440/42964296 |
|
Fax No.: |
91-44-28268316/42964297 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Corporate Office : |
202-207,
Mahalakshmi Chambers, 22, |
|
Tel. No.: |
91-22-23519027 |
|
Fax No.: |
91-22-23538567 |
DIRECTORS
AS ON 28.09.2012
|
Name : |
Mr. Ahamed Rahman Buhari |
|
Designation : |
Director |
|
Address : |
8, |
|
Date of Birth/Age : |
20.01.1969 |
|
Date of Appointment : |
18.02.1997 |
|
DIN No.: |
00211221 |
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 |
U45201TN1989PTC017001 |
BUHARI
HOLDINGS PRIVATE LIMITED |
Director |
08-03-89 |
08-03-89 |
- |
Active |
NO |
|
2 |
U52599TN1997PTC037547 |
COASTAL
ENERGY PRIVATE LIMITED |
Managing
director |
18-02-97 |
18-02-97 |
- |
Active |
NO |
|
3 |
U65110TN1964PTC005251 |
BHARI
INDUSTRIAL PROMOTERS PRIVATE LIMITED |
Director |
01-04-99 |
01-04-99 |
21-07-10 |
Active |
NO |
|
4 |
U63090TN1994PTC029438 |
SEAPORT
LOGISTICS PRIVATE LIMITED |
Director |
30-09-03 |
30-09-03 |
06-02-06 |
Active |
NO |
|
5 |
U51102TN1995PLC031016 |
EAST
COAST CONSTRUCTIONS AND INDUSTRIES LIMITED |
Director |
27-01-05 |
27-01-05 |
07-03-11 |
Active |
NO |
|
6 |
U40102TN2006PTC060008 |
COASTAL
GUJARAT POWERGEN PRIVATE LIMITED |
Director |
29-05-06 |
29-05-06 |
- |
Amalgamated |
NO |
|
7 |
U40102TN2006PTC060009 |
COASTAL
ENERGEN PRIVATE LIMITED |
Director |
29-05-06 |
29-05-06 |
- |
Active |
NO |
|
8 |
U40101TN2006PTC060071 |
COASTAL
GUJARAT POWER GENCO PRIVATE LIMITED |
Director |
02-06-06 |
02-06-06 |
- |
Active |
NO |
|
9 |
U65993TN2010PTC076110 |
BUHARI
AUTO HOLDINGS PRIVATE LIMITED |
Director |
11-06-10 |
11-06-10 |
- |
Active |
NO |
|
Name : |
Mr. Noohu Mohamed Ameer Fizel |
|
Designation : |
Director |
|
Address : |
|
|
Date of Birth/Age : |
17.12.1962 |
|
Date of Appointment : |
18.02.1997 |
|
DIN No.: |
02051427 |
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 |
U52599TN1997PTC037547 |
COASTAL
ENERGY PRIVATE LIMITED |
Director |
18-02-97 |
18-02-97 |
- |
Active |
NO |
|
2 |
U63090TN1994PTC029438 |
SEAPORT
LOGISTICS PRIVATE LIMITED |
Director |
30-09-03 |
30-09-03 |
03-08-07 |
Active |
NO |
|
3 |
U40102TN2006PTC060009 |
COASTAL
ENERGEN PRIVATE LIMITED |
Director |
29-05-06 |
29-05-06 |
29-04-08 |
Active |
NO |
|
4 |
U40101TN2006PTC060071 |
COASTAL
GUJARAT POWER GENCO PRIVATE LIMITED |
Director |
02-06-06 |
02-06-06 |
- |
Active |
NO |
|
5 |
U61100TN2008PTC069733 |
PIONEER
MARINE SERVICES PRIVATE LIMITED |
Director |
31-10-08 |
31-10-08 |
30-05-09 |
Active |
NO |
|
6 |
U45200TN2012PTC084923 |
CANDOUR
CONSTRUCTIONS AND DEVELOPERS PRIVATE LIMITED |
Director |
14-03-12 |
14-03-12 |
- |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 28.09.2012
|
Names of Shareholders |
No. of Shares |
|
Fossil Investments Limited - |
6744393 |
|
Ahmed Buhari |
100 |
|
Abdul Qadir AR Buhari |
100 |
|
TOTAL
|
6744593 |
AS ON 28.09.2012
|
Equity Shares
Break Up |
Percentage of
Holding |
|
Foreign holdings( Foreign institutional
investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident
Indian(s) or Overseas Corporate bodies or Others |
99.00 |
|
Directors or relatives of Directors |
1.00 |
|
TOTAL |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Trader and Importer of Non Coking Coal. |
||||
|
|
|
||||
|
Products : |
|
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
|||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||
|
Bankers : |
·
Corporation Bank, ·
IDBI Bank Limited, IDBI Towerwtc Complex,
Cuffe Parade, Mumbai - 400005, Maharashtra, India ·
Barclays Bank Plc, 1st Floor, 69,
Vallai Pachiappan Street, Kamaraj Salai, Kanchipuram-631501, Tamilnadu, India
|
|||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
N.C. Rajagopal and Company Chartered Accountants |
|
Address : |
22, |
|
Tel. No.: |
91-44-24991569/ 24993056/ 24991095/
24987746/ 24986170 |
|
Fax No.: |
91-44-24991485 |
|
E-Mail : |
|
|
PAN No.: |
AAAFN0572A |
|
|
|
|
Holding Company : |
·
Fossil Investments (Mauritius) |
|
|
|
|
Related Parties : |
·
Coal and Oil Company LLC ·
Buhari Estate and Company ·
Buharia Holdings Private Limited CIN No.:-
U45201TN1989PTC017001 ·
Bhari Industrial Promoters Private Limited (Elite
Petrol Service) CIN
No.:- U65110TN1964PTC005251 ·
Coastal Energen Private Limited CIN
No.:- U40102TN2006PTC060009 |
CAPITAL STRUCTURE
AS ON 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000000 |
Equity Shares |
Rs.10/- each |
Rs. 100.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
6744593 |
Equity Shares |
Rs.10/- each |
Rs. 67.446
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 |
|
67.446 |
67.446 |
|
(b) Reserves & Surplus |
|
604.925 |
537.822 |
|
(c) Money received against share warrants |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
|
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
|
672.371 |
605.268 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
28.931 |
31.079 |
|
(b) Deferred tax liabilities (Net) |
|
0.000 |
0.000 |
|
(c) Other long term liabilities |
|
0.000 |
0.000 |
|
(d) long-term provisions |
|
2.118 |
1.478 |
|
Total Non-current Liabilities (3) |
|
31.049 |
32.557 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
|
1085.380 |
832.715 |
|
(b) Trade payables |
|
10635.295 |
5231.798 |
|
(c) Other current liabilities |
|
285.164 |
112.860 |
|
(d) Short-term provisions |
|
0.255 |
0.241 |
|
Total Current Liabilities (4) |
|
12006.094 |
6177.614 |
|
|
|
|
|
|
TOTAL |
|
12709.514 |
6815.439 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
144.370 |
160.701 |
|
(ii) Intangible Assets |
|
0.522 |
0.261 |
|
(iii) Capital work-in-progress |
|
9.358 |
0.000 |
|
(iv) Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
|
0.141 |
0.629 |
|
(d) Long-term Loan and Advances |
|
31.184 |
2.396 |
|
(e) Other Non-current assets |
|
53.163 |
53.163 |
|
Total Non-Current Assets |
|
238.738 |
217.150 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
7.348 |
8.683 |
|
(b) Inventories |
|
1923.694 |
2315.449 |
|
(c) Trade receivables |
|
7321.679 |
2330.835 |
|
(d) Cash and cash equivalents |
|
1036.501 |
870.215 |
|
(e) Short-term loans and advances |
|
2085.397 |
1033.167 |
|
(f) Other current assets |
|
96.157 |
39.940 |
|
Total Current Assets |
|
12470.776 |
6598.289 |
|
|
|
|
|
|
TOTAL |
|
12709.514 |
6815.439 |
|
SOURCES OF FUNDS |
|
|
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
|
67.446 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Reserves & Surplus |
|
|
492.450 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
NETWORTH |
|
|
559.896 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
688.949 |
|
|
2] Unsecured Loans |
|
|
0.000 |
|
|
TOTAL BORROWING |
|
|
688.949 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
1248.845 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
174.784 |
|
|
Capital work-in-progress |
|
|
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
6.605 |
|
|
DEFERREX TAX ASSETS |
|
|
0.510 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
1712.035
|
|
|
Sundry Debtors |
|
|
2375.565
|
|
|
Cash & Bank Balances |
|
|
814.990
|
|
|
Other Current Assets |
|
|
0.000
|
|
|
Loans & Advances |
|
|
951.702
|
|
Total
Current Assets |
|
|
5854.292 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
1973.776
|
|
|
Other Current Liabilities |
|
|
2683.603
|
|
|
Provisions |
|
|
129.967
|
|
Total
Current Liabilities |
|
|
4787.346 |
|
|
Net Current Assets |
|
|
1066.946
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
1248.845 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
11711.451 |
8250.088 |
|
|
|
Other Income |
|
(75.407) |
440.815 |
|
|
|
TOTAL (A) |
13875.700 |
11636.044 |
8690.903 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Purchases |
|
10667.152 |
6237.030 |
|
|
|
Direct Expenses |
|
1018.422 |
1065.291 |
|
|
|
Administrative Expenses |
|
90.107 |
60.800 |
|
|
|
Employees Cost |
|
106.118 |
87.882 |
|
|
|
Selling & Distribution Expenses |
|
42.304 |
39.137 |
|
|
|
Increase/(Decrease) in Stock |
|
(603.414) |
875.502 |
|
|
|
TOTAL (B) |
13508.400 |
11320.689 |
8365.642 |
|
|
|
|
|
|
|
|
Less |
PROFIT
/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
367.300 |
315.355 |
325.261 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
247.300 |
209.272 |
224.794 |
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
120.000 |
106.083 |
100.467 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
18.900 |
23.314 |
22.233 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX (E-F) (G) |
101.100 |
82.769 |
78.234 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
34.000 |
37.397 |
27.461 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX (G-H) (I) |
67.100 |
45.372 |
50.773 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
431.000 |
385.573 |
334.800 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
498.100 |
430.945 |
385.573 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Coal |
10918.644 |
10351.388 |
6143.992 |
|
|
TOTAL IMPORTS |
10918.644 |
10351.388 |
6143.992 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
9.95 |
6.73 |
7.53 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
0.48
|
0.39 |
0.58
|
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
NA
|
0.71 |
0.95
|
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
0.80
|
1.21 |
1.30
|
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.16
|
0.14 |
0.14
|
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
1.66
|
1.43 |
1.23
|
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.03
|
1.07 |
1.22
|
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info Agents |
Available in
Report (Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
No |
|
9] |
Name of person contacted |
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 |
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 |
Yes |
|
30] |
Major Shareholders, if
available |
Yes |
|
31] |
Date of Birth of
Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of
Proprietor/Partner/Director, if available |
No |
|
33] |
Voter ID No of Proprietor/Partner/Director,
if available |
No |
|
34] |
External Agency Rating,
if available |
Yes |
Note
The registered office of the company has been shifted from
No.5,
REVIEW OF
OPERATIONS
The company is
entering its 15th year of operations and has grown from strength to
strength. Their Company has further consolidated its position in volumes as the
Second largest Importer of non-coking coal in India.
The company has
recorded a turnover of Rs.13875.700 Millions and Net Profit After Tax of
Rs.67.100 Millions during the Financial Year 2011-12. The company successfully
won and completed major order from MAHAGENCO (9 Lac MT) during the year.
INDEX OF CHARGES
|
S.No. |
Charge ID |
Date of Charge
Creation/Modification |
Charge amount
secured |
CHARGE HOLDER |
ADDRESS |
Service Request
Number (SRN) |
|
1 |
10238535 |
26/06/2013 * |
500,000,000.00 |
STANDARD CHARTERED BANK |
19 RAJAJI SALAI, CHENNAI, TAMIL NADU - 600001, INDIA |
B79170205 |
|
2 |
10123316 |
29/06/2013 * |
1,661,410,000.00 |
ING VYSYA BANK LIMITED |
185, ANNA SALAI, NEAR TVS, CHENNAI, TAMIL NADU - 600006, INDIA |
B79897765 |
|
3 |
10132967 |
24/06/2008 |
15,000,000.00 |
ICICI HOME FINANCE COMPANY LIMITED |
ICICI BANK TOWERS, BANDRA-KURLA, COMPLEX, MUMBAI |
A43510452 |
|
4 |
10092179 |
18/12/2007 |
22,000,000.00 |
ICICI BANK LIMITED |
A-78, 1ST FLOOR, 3RD AVENUE, ANNA NAGAR, CHENNAI |
A30173025 |
|
5 |
10057660 |
26/09/2011 * |
4,690,000,000.00 |
IDBI BANK LIMITED |
IDBI TOWERWTC COMPLEX, CUFFE PARADE, MUMBAI, MAHARASHTRA - 400005, INDIA |
B23131691 |
|
6 |
80033101 |
04/08/2012 * |
300,000,000.00 |
YES BANK LIMITED |
9TH FLOOR, NEHRU CENTRE, DISCOVERY OF INDIA, DR. |
B56825631 |
|
7 |
90290932 |
12/05/2008 * |
1,735,000,000.00 |
INDIAN OVERSEAS BANK |
NEHRU PARK BRANCH, 872, POONAMALLEE HIGH ROAD, CHENNAI, TAMIL NADU - 600084, INDIA |
A40702086 |
|
8 |
90288536 |
14/12/2005 * |
1,000,000,000.00 |
INDIAN OVERSEAS BANK |
NEHRU PARK BRANCH, 872; POONAMALLEE HIGH ROAD, CHENNAI, TAMIL NADU - 600084, INDIA |
- |
|
9 |
90289573 |
29/12/2009 * |
260,000,000.00 |
STATE BANK OF MYSORE |
CHENNAI MAIN BRANCH, 231 N S C BOSE ROAD, CHENNAI, TAMIL NADU - 600001, INDIA |
A77226702 |
|
10 |
80010834 |
23/07/2006 * |
345,000,000.00 |
ICICI BANK LTD |
ICICI TOWERS, BANDRA KURLA COMPLEX, MUMBAI, MAHARASHTRA - 400051, INDIA |
- |
|
11 |
90287886 |
23/11/2011 * |
300,000,000.00 |
JAMMU AND KASHMIR BANK LIMITED |
(CORPORATE HEADQUARTERS),M.A.ROAD,SRINAGAR,KASHMIR, SRINAGAR, JAMMU AND KASHMIR - 190001, INDIA |
B28356582 |
|
12 |
80022194 |
22/03/2013 * |
1,750,000,000.00 |
CORPORATION BANK |
GEORGE TOWN BRANCH, 101 ARMENIAN STREET, CHENNAI, TAMIL NADU - 600001, INDIA |
B73218349 |
* Date of charge modification
FIXED ASSETS
·
Land and Building
·
Plant and Machinery
·
Furniture and Fixtures
·
Cycle
·
Motor Car
·
Computers
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 pyments 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. 62.10 |
|
|
1 |
Rs. 101.27 |
|
Euro |
1 |
Rs. 85.42 |
INFORMATION DETAILS
|
Information
Gathered by : |
--- |
|
|
|
|
Report Prepared
by : |
NLM |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.