1. Summary Information

		Country	India
Company Name	NEXG DEVICES PRIVATE LIMITED	Principal Name 1	Mr. Surendra Mohan Lal Lunia
Status	New Company	Principal Name 2	Mr. Gurdial Raghbir Singh Khandpur
		Registration #	55-215856
Street Address	D-7, Dhawandeep Apartments, 6, Jantar Mantar Road, New Delhi-110001
Established Date	15.03.2011	SIC Code	--
Telephone#	Not Available	Business Style 1	Trader
Fax #	Not Available	Business Style 2	--
Homepage	http://www.nexgdevices.com	Product Name 1	Mobile Handset
# of employees	85 [Approximately]	Product Name 2	--
Paid up capital	Rs.100,000/-	Product Name 3	--
Shareholders	Bodies corporate 100.00%	Banking	HDFC Bank
Public Limited Corp.	No	Business Period	--
IPO	No	International Ins.	-
Public Enterprise	No	Rating	Ca (11)
Related Company
Relation	Country	Company Name	CEO
Fellow Subsidiary	--	Digicall Teleservices Private Limited	--
Note	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2012		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	87,177,000	Current Liabilities	101,059,000
Inventories	50,531,000	Long-term Liabilities	74,395,000
Fixed Assets	1,276,000	Other Liabilities	9,529,000
Deferred Assets	105,000	Total Liabilities	184,983,000
Invest& other Assets	000	Retained Earnings	000
		Net Worth	(45,894,000)
Total Assets	139,089,000	Total Liab. & Equity	139,089,000
Total Assets (Previous Year)	--
P/L Statement as of	31.03.2012		(Unit: Indian Rs.)
Sales	200,390,000	Net Profit	(45,994,000)
Sales(Previous yr)	--	Net Profit(Prev.yr)	--

MIRA INFORM REPORT

Report Date :

04.02.2013

IDENTIFICATION DETAILS

Name :	NEXG DEVICES PRIVATE LIMITED
Registered Office :	D-7, Dhawandeep Apartments, 6, Jantar Mantar Road, New Delhi-110001
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	15.03.2011
Com. Reg. No.:	55-215856
Capital Investment / Paid-up Capital :	Rs.0.100 Million
CIN No.: [Company Identification No.]	U32300DL2011PTC215856
TAN No.: [Tax Deduction & Collection Account No.]	DELN11332G
PAN No.: [Permanent Account No.]	AADCN5660R
Legal Form :	Private Limited Liability Company
Line of Business :	Trader of Mobile Handset.
No. of Employees :	85 [Approximately]

RATING & COMMENTS

MIRA’s Rating :

Ca (11)

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Moderate
Payment Behaviour :	Slow
Litigation :	Clear
Comments :	Subject is an established company having moderate track record. There appears huge accumulated losses recorded by the company. However, trade relations are reported as fair. Business is active. Payments are reported to be slow. The company can be considered for business dealings on a secured trade terms and conditions.

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – June 30, 2012

Country Name	Previous Rating (31.03.2012)	Current Rating (30.06.2012)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

INDIAN ECONOMIC OVERVIEW

India is developing into an open-market economy, yet traces of its past autarkic policies remain. Economic liberalization, including industrial deregulation, privatization of state-owned enterprises, and reduced controls on foreign trade and investment, began in the early 1990s and has served to accelerate the country's growth, which has averaged more than 7% per year since 1997. India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. Slightly more than half of the work force is in agriculture, but services are the major source of economic growth, accounting for more than half of India's output, with only one-third of its labor force. India has capitalized on its large educated English-speaking population to become a major exporter of information technology services and software workers. In 2010, the Indian economy rebounded robustly from the global financial crisis - in large part because of strong domestic demand - and growth exceeded 8% year-on-year in real terms. However, India's economic growth in 2011 slowed because of persistently high inflation and interest rates and little progress on economic reforms. High international crude prices have exacerbated the government's fuel subsidy expenditures contributing to a higher fiscal deficit, and a worsening current account deficit. Little economic reform took place in 2011 largely due to corruption scandals that have slowed legislative work. India's medium-term growth outlook is positive due to a young population and corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. India has many long-term challenges that it has not yet fully addressed, including widespread poverty, inadequate physical and social infrastructure, limited non-agricultural employment opportunities, scarce access to quality basic and higher education, and accommodating rural-to-urban migration.

Source : CIA

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. Sandeep J
Designation :	Head in Finance
Contact No.:	91-7838088883

LOCATIONS

Registered Office :	D-7, Dhawandeep Apartments, 6, Jantar Mantar Road, New Delhi-110001, India
Tel. No.:	Not Available
Mobile No.:	91-7838088883 [Mr. Sandeep J]
Fax No.:	Not Available
E-Mail :	sandeep.jalrath@nexgdevices.com
Website :	http://www.nexgdevices.com
Location :	Owned
Operation Office :	Plot No. 45-46,Udyog Vihar, Phase I, Gurgaon-122016, Haryana, India
Branch Office :	77-B, 3^rd Floor, IFFCO Road, Sector 18, Gurgaon-122015, Haryana, India
Tel No.:	91-124-4310000
Fax No.:	91-124-4310050

DIRECTORS

AS ON 14.09.2012

Name :

Mr. Surendra Mohan Lal Lunia

Designation :

Director

Address :

5010, Phase IV, DLF, Gurgaon-122011, Haryana, India

Date of Birth/Age :

18.10.1962

Date of Appointment :

15.03.2011

Din No.:

00121156

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U74899DL2000PLC106823	INFOTEL BUSINESS SOLUTIONS LIMITED	Managing director	10-04-10	28-03-01	-	Active	NO
2	U64200MH2004PLC192349	CBSL CABLE NETWORKS LIMITED	Director	02-07-04	02-07-04	16-04-08	Active	NO
3	U64202PB2007PTC030983	INFOTEL DIGICOMM PRIVATE LIMITED	Director	17-09-08	03-04-07	-	Amalgamated	NO
4	U72900PB2007PLC030897	INFOTEL BROADBAND SERVICES LIMITED	Director	12-08-08	25-06-07	23-06-10	Active	NO
5	U72300DL2007PTC167902	SMART DIGIVISION PRIVATE LIMITED	Director	26-12-08	15-11-07	-	Active	NO
6	U64202PB2007PTC030984	INFOTEL SATCOM PRIVATE LIMITED	Director	17-09-08	18-01-08	-	Active	NO
7	U64202DL2008PTC172573	DIGIVISION WIRELESS PRIVATE LIMITED	Director	09-07-09	19-01-08	-	Active	NO
8	U72900DL2007PTC170793	DIGIVISION ENTERTAINMENT PRIVATE LIMITED	Director	29-09-08	21-01-08	-	Active	NO
9	U64201PB2008PTC031630	DATACOM TELECOMMUNICATIONS PRIVATE LIMITED	Director	01-02-08	01-02-08	19-11-08	Active	NO
10	U74120DL2008PTC174245	DIGIVISION INFOTAINMENT PRIVATE LIMITED	Director	20-02-08	20-02-08	-	Active	NO
11	U64202DL2008PTC174302	DIGIVISION VENTURES PRIVATE LIMITED	Director	21-02-08	21-02-08	-	Active	NO
12	U51109DL2008PTC174460	DIGIVISION MEDIA PRIVATE LIMITED	Director	25-02-08	25-02-08	-	Active	NO
13	U32300DL2007PTC163578	SMART BROADBAND SERVICES PRIVATE LIMITED	Director	10-11-08	12-03-08	-	Active	NO
14	U72900MH2007PLC204763	VIDEOCON TELECOMMUNICATIONS LIMITED	Additional director	14-03-09	14-03-09	18-09-09	Active	NO
15	U64202DL2008PTC174237	DIGIVISION COMMUNICATIONS PRIVATE LIMITED	Director	17-08-09	24-03-09	-	Active	NO
16	U45204PB2008PTC031918	INFOTEL TELECOM INFRASTRUCTURE PRIVATE LIMITED	Director	30-09-09	05-09-09	-	Active	NO
17	U84200DL1992PTC219215	DIGICALL TELESERVICES PRIVATE LIMITED	Director	17-09-10	14-12-09	-	Active	NO
18	U64200DL2010PTC198209	INFOTEL TELECOM HOLDINGS PRIVATE LIMITED	Director	20-01-10	20-01-10	-	Active	NO
19	U74992DL2010PTC199109	INFOTEL HOLDINGS PRIVATE LIMITED	Director	15-02-10	15-02-10	-	Amalgamated	NO
20	U93000DL2010PTC199073	POLIXEL SECURITY SYSTEMS PRIVATE LIMITED	Director	15-02-10	15-02-10	-	Active	NO
21	U70109DL2010PTC199520	INFOTEL INFRASTRUCTURE PRIVATE LIMITED	Director	25-02-10	25-02-10	-	Active	NO
22	U93000DL2010PTC200097	DIGIVIVE SERVICES PRIVATE LIMITED	Director	13-03-10	13-03-10	-	Active	NO
23	U51909PB2010PTC033763	INFOTEL ACCESS ENTERPRISES PRIVATE LIMITED	Director	01-04-10	01-04-10	-	Active	NO
24	U51909PB2010PTC033760	INFOTEL GIGAHERZ ENTERPRISES PRIVATE LIMITED	Director	01-04-10	01-04-10	-	Active	NO
25	U51909PB2010PTC033762	MN VENTURES PRIVATE LIMITED	Director	29-09-11	02-04-10	-	Active	NO
26	U51909PB2010PTC033761	INFOTEL INFOCOMM ENTERPRISES PRIVATE LIMITED	Additional director	02-04-10	02-04-10	-	Active	NO
27	U51909PB2010PTC033770	NEXG VENTURES INDIA PRIVATE LIMITED	Director	05-04-10	05-04-10	-	Active	NO
28	U92100DL2010PTC204805	BENEFITSPLUS MEDIA PRIVATE LIMITED	Director	25-06-10	25-06-10	-	Active	NO
29	U45400DL2007PTC165567	CUSTOMISED CALL CENTER SERVICES PRIVATE LIMITED	Director	28-09-10	08-09-10	31-03-11	Active	NO
30	U65990DL2010PTC211054	DIGIVIVE HOLDINGS PRIVATE LIMITED	Director	03-12-10	03-12-10	-	Active	NO
31	U70102DL2010PTC211056	DIGIVIVE VENTURES PRIVATE LIMITED	Director	03-12-10	03-12-10	15-03-11	Active	NO
32	U64200DL2010PTC211455	ONECLICK TECHNOLOGIES PRIVATE LIMITED	Director	15-12-10	15-12-10	-	Active	NO
33	U64204MH2011PLC213276	INFOTEL TELECOM LIMITED	Director	10-02-11	10-02-11	-	Active	NO
34	U64200DL2011PTC213734	DIGIVIVE CONTENT SERVICES PRIVATE LIMITED	Director	10-02-11	10-02-11	15-03-11	Active	NO
35	U67190DL2011PTC213857	DIGIVISION HOLDINGS PRIVATE LIMITED	Director	30-07-11	11-02-11	-	Active	NO
36	U67120DL2011PTC214508	DIGICALL HOLDINGS PRIVATE LIMITED	Director	21-02-11	21-02-11	-	Active	NO
37	U32300DL2011PTC215856	NEXG DEVICES PRIVATE LIMITED	Director	15-03-11	15-03-11	-	Active	NO
38	U27310DL2007PTC166037	HOT LINE CALL CENTER SOLUTIONS PRIVATE LIMITED	Director	30-09-11	30-03-11	-	Active	NO
39	U72900DL2011PTC216458	DIGICALL GLOBAL PRIVATE LIMITED	Director	31-10-11	07-06-11	-	Active	NO
40	U64100DL2011PTC222519	INFOTEL ECOMMERCE PRIVATE LIMITED	Director	19-07-11	19-07-11	-	Active	NO
41	U74140KA2010PTC053560	KOOVS MARKETING CONSULTING PRIVATE LIMITED	Director	15-10-11	10-08-11	-	Active	NO
42	U51909WB2010PTC149855	NATRAJ DEALMARK PRIVATE LIMITED	Additional director	02-11-11	02-11-11	10-12-11	Active	NO
43	U52190WB2009PTC137976	AAKARSHAN COMMOSALES PRIVATE LIMITED	Additional director	02-11-11	02-11-11	10-12-11	Active	NO
44	U45204DL2011PTC221522	NOVELTY REALESTATES PRIVATE LIMITED	Additional director	16-11-11	16-11-11	-	Active	NO
45	U40102WB2010PTC156252	AMRIT GREEN POWER PRIVATE LIMITED	Additional director	19-11-11	19-11-11	-	Active	NO

Name :

Mr. Gurdial Raghbir Singh Khandpur

Designation :

Director

Address :

H. No. 2901, Phase 7, Mohali-160059, Punjab, India

Date of Birth/Age :

24.04.1970

Date of Appointment :

15.03.2011

Din No.:

00121913

Other Directorship:

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U64200MH2004PLC192349	CBSL CABLE NETWORKS LIMITED	Director	02-07-04	02-07-04	16-04-08	Active	NO
2	U72900PB2007PLC030897	INFOTEL BROADBAND SERVICES LIMITED	Director	12-08-08	20-05-08	22-06-10	Active	NO
3	U74899DL2000PLC106823	INFOTEL BUSINESS SOLUTIONS LIMITED	Additional director	25-03-10	28-11-08	10-04-10	Active	NO
4	U10300PB2008PTC032171	INFOTEL TOWER INFRASTRUCTURE PRIVATE LIMITED	Director	29-09-09	09-01-09	09-04-10	Active	NO
5	U84200DL1992PTC219215	DIGICALL TELESERVICES PRIVATE LIMITED	Director	17-09-10	14-12-09	-	Active	NO
6	U74140PB2010PTC033831	WEST VALLEY SERVICES PRIVATE LIMITED	Director	22-04-10	22-04-10	-	Active	NO
7	U72900DL2007PTC170793	DIGIVISION ENTERTAINMENT PRIVATE LIMITED	Director	30-09-10	24-05-10	-	Active	NO
8	U92100DL2010PTC204805	BENEFITSPLUS MEDIA PRIVATE LIMITED	Director	15-10-11	25-10-10	-	Active	NO
9	U67190DL2011PTC213857	DIGIVISION HOLDINGS PRIVATE LIMITED	Director	11-02-11	11-02-11	31-03-11	Active	NO
10	U67120DL2011PTC214508	DIGICALL HOLDINGS PRIVATE LIMITED	Director	21-02-11	21-02-11	31-03-11	Active	NO
11	U32300DL2011PTC215856	NEXG DEVICES PRIVATE LIMITED	Director	15-03-11	15-03-11	-	Active	NO
12	U72300DL2007PTC167902	SMART DIGIVISION PRIVATE LIMITED	Director	30-09-11	08-04-11	-	Active	NO
13	U64100DL2011PTC222519	INFOTEL ECOMMERCE PRIVATE LIMITED	Director	19-07-11	19-07-11	-	Active	NO
14	U40102WB2010PTC156252	AMRIT GREEN POWER PRIVATE LIMITED	Additional director	19-11-11	19-11-11	-	Active	NO

Name :

Mr. Sunil Batra

Designation :

Director

Address :

E-401, Palm Springs DLF, Golf Course Road, Sector 54, Gurgaon-122002, Haryana, India

Date of Birth/Age :

18.04.1957

Date of Appointment :

21.07.2011

Din No.:

02188254

KEY EXECUTIVES

Name :	Mr. Sandeep J
Designation :	Head in Finance

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 14.09.2012

Names of Shareholders	No. of Shares
Media Matrix Worldwide Limited, India	9994
Kamal Kumar Sharma	1
Puneet Anurag	1
Kulwinder Pal Singh	1
Nitin Ved	1
Surendra Mohan Lal Lunia	1
Gurdial Raghbir Singh Khandpur	1
TOTAL	10000

AS ON 29.09.2012

Names of Allottees	No. of Shares
Media Matrix Worldwide Limited, India	4980000
TOTAL	4980000

AS ON 14.09.2012

Equity Share Breakup	Percentage of Holding
Category
Bodies corporate	100.00

BUSINESS DETAILS

Line of Business :

Trader of Mobile Handset.

GENERAL INFORMATION

No. of Employees :	85 [Approximately]
Bankers :	Corporation Bank, Qutab Plaza, DLF Phase I, Sikanderpur Branch, Gurgaon-122002, Haryana, India HDFC Bank, New Delhi, India
Facilities :	--

Banking Relations :	--
Auditors :
Name :	Oswal and Sunil Associates Chartered Accountants
Address :	71, Daryaganj, New Delhi, India
PAN No:	AABFO2315D
Ultimate Holding Company:	Digivision Holdings Private Limited [w.e.f 05.03.2012]
Immediate Holding Company :	Media Matrix Worldwide Limited [w.e.f 05.03.2012]
Fellow Subsidiaries :	Digicall Teleservices Private Limited Digicall Holdings Private Limited Digivive Services Private limited Digivision wireless Private Limited Digicall Global Services Private Limited Smart Digivision Private Limited

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
10000	Equity Shares	Rs.10/- each	Rs.0.100 Million

AFTER 14.09.2012

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
4990000	Equity Shares	Rs.10/- each	Rs.49.900 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2012
SHAREHOLDERS FUNDS
1] Share Capital		0.100
2] Share Application Money		0.000
3] Reserves & Surplus		0.000
4] (Accumulated Losses)		(45.994)
NETWORTH		(45.894)
LOAN FUNDS
1] Secured Loans		0.000
2] Unsecured Loans		74.395
TOTAL BORROWING		74.395
DEFERRED TAX LIABILITIES		0.000
OTHER LIABILITIES		0.567
TOTAL		29.068
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		1.276
Capital work-in-progress		0.000
INVESTMENT		0.000
DEFERREX TAX ASSETS		0.105
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	50.531
	Sundry Debtors	27.574
	Cash & Bank Balances	21.504
	Other Current Assets	0.084
	Loans & Advances	38.015
Total Current Assets		137.708
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	88.453
	Other Current Liabilities	12.606
	Provisions	8.962
Total Current Liabilities		110.021
Net Current Assets		27.687
MISCELLANEOUS EXPENSES		0.000
TOTAL		29.068

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012
	SALES
		Income	200.390
		Other Income	NA
		TOTAL	NA
	EXPENSES
		TOTAL	246.556
	PROFIT / (LOSS) BEFORE TAX		(46.100)
Less	TAX		(0.106)
	PROFIT / (LOSS) AFTER TAX		(45.994)
	BALANCE CARRIED TO THE B/S		(45.994)
	Earnings / (Loss) Per Share (Rs.)		(4599.40)

KEY RATIOS

PARTICULARS		31.03.2012
Net Profit Margin (PBT/Sales)	(%)	(23.00)
Return on Total Assets (PBT/Total Assets}	(%)	(33.17)
Return on Investment (ROI) (PBT/Networth)		1.00
Debt Equity Ratio (Total Debt/Networth)		(1.62)
Current Ratio (Current Asset/Current Liability)		1.25

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 one year	Yes
12]	Profitability for one year	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	No
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]	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	No

OPERATIONS:

The Company is established as a Pan India Distributer and Service Provider with the objective of offering one stop solution for Sales and Service of Devices. Subject has established a nationwide network of over 350 superstockist and distributors as well as developed strategic alliances with key players in Indian mobile handset market in order to provide a streamlined sales channel.

The Company, lead by team of core marketing and Sales professionals, has been able to achieve Sales turnover of Rs. 200.000 millions through sale of 99,999 mobile handsets in its first year of commercial launch of its operations.

Unsecured Loan	As on 31.03.2012 [Rs. in Millions]
Deposits Related Parties	74.395
TOTAL	74.395

BANKERS CHARGES REPORT AS PER REGISTRY

This form is for	Creation of charge
Corporate identity number of the company	U32300DL2011PTC215856
Name of the company	NEXG DEVICES PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	D-7, Dhawandeep Apartments, 6, Jantar Mantar Road, New Delhi-110001, India
Type of charge	Book Debts Movable Property [not being pledge]
Particular of charge holder	Corporation Bank, Qutab Plaza, DLF Phase I, Sikanderpur Branch, Gurgaon-122002, Haryana, India Email: sehgalsc@yahoo.co.in
Nature of description of the instrument creating or modifying the charge	Common deed of hypothecation of movables/ assets/ debts
Date of instrument Creating the charge	21.01.2012
Amount secured by the charge	Rs.40.000 Millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest Interest @ 18.5% pa being 7.85% pa over base rate of 10.65% with monthly rests subject to change in base rate from time to time Terms of Repayment As stipulated by the bank Margin 10% Extent and Operation of the charge 100% Others To secure BG (one time) limit of Rs. 40.000 Millions earmarked out of BG limit of Rs. 100.000 Millions sanctioned by the bank in favour of Infotel business solutions limited
Short particulars of the property charged	Hypothecation of present and future stock of various types of telecom sets, mobile sets (GSM and CDMA), tablets etc. , book debts and fixed assets of the company

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.53.32
UK Pound	1	Rs.84.60
Euro	1	Rs.72.63

INFORMATION DETAILS

Report Prepared by :

TPT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	2
PAID-UP CAPITAL	1~10	2
OPERATING SCALE	1~10	2
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	2
--PROFITABILIRY	1~10	-
--LIQUIDITY	1~10	2
--LEVERAGE	1~10	1
--RESERVES	1~10	-
--CREDIT LINES	1~10	-
--MARGINS	-5~5	-
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		11

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.