MIRA INFORM REPORT

Report Date :

20.02.2013

IDENTIFICATION DETAILS

Name :	IDEAL RESOURCES PRIVATE LIMITED
Registered Office :	50, J l Nehru Road, Kolkata-700071, West Bengal
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	24.04.2006
Com. Reg. No.:	21-109059
Capital Investment / Paid-up Capital :	Rs. 5.000 Millions
CIN No.: [Company Identification No.]	U65993WB2006PTC109059
TAN No.: [Tax Deduction & Collection Account No.]	CALI02314E
Legal Form :	Private Limited Liability Company
Line of Business :	Trader of Minerals and Ferro Alloys
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (49)

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

Maximum Credit Limit :	USD 1500000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is an established company having a satisfactory track record. Financially company has performed well. Performance capability seems to be high. Trade relations are reported to be fair. Business is active. Payments are reported to be usually correct and as per commitment. Company can be considered for normal business dealings at usual trade terms and condition.

NOTES :

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

ECGC Country Risk Classification List – June 30, 2012

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

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

INDIAN ECONOMIC OVERVIEW

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

Source : CIA

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	BBB- (Cash Credit)
Rating Explanation	Having moderate degree of safety regarding timely servicing of financial obligations. It carry moderate credit risk.
Date	April 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.

LOCATIONS

Registered Office :	50, J l Nehru Road, Kolkata-700071, West Bengal, India
Tel. No.:	91-33-22821548
Fax No.:	91-33-22821564
E-Mail :	mail@ideal.in
Branch Office :	F-10, Ground Floor, Nand Niketan, Shopping Complex, Hazira, India

DIRECTORS

AS ON 29.09.2012

Name :	Mr. Keshav Himatsingka
Designation :	Director
Address :	19B, Mandeville Gardens, 5^th Floor, Kolkata-700019, West Bengal, India
Date of Birth/Age :	07.08.1989
Date of Appointment :	01.06.2012
DIN No.:	05323618
Name :	Mr. Nakul Himatsingka
Designation :	Director
Address :	20, Mandeville Gardens, Kolkata-700019, West Bengal, India
Date of Birth/Age :	26.12.1976
Date of Appointment :	24.04.2006
PAN No.:	AAPPH7846G
DIN No.:	00114503

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	U65921WB1987PLC042117	IDEAL FINANCING CORPORATION LIMITED	Director	26/12/1997	26/12/1997	-	Active	NO
2	U70101WB1998PTC087841	IDEAL HEIGHTS PRIVATE LIMITED	Director	31/08/1998	31/08/1998	-	Active	NO
3	U70101WB1988PTC045347	IDEAL REAL ESTATES PRIVATE LIMITED	Director	11/11/1998	11/11/1998	-	Active	NO
4	U50300WB1991PTC050539	IDEAL DEALERS PRIVATE LIMITED	Director	04/08/1999	04/08/1999	-	Active	NO
5	U51109WB1988PTC044191	IDEAL APARTMENTS PVT LTD	Director	11/08/1999	11/08/1999	-	Active	NO
6	U51109WB2000PTC091199	IDEAL MOVERS PRIVATE LIMITED	Director	23/02/2000	23/02/2000	-	Active	NO
7	U65921WB1986PLC041135	IDEAL AUTO CREDIT LIMITED	Director	26/12/2000	26/12/2000	-	Active	NO
8	U70109WB1994PTC061580	ODIN HOUSING PROJECTS PRIVATE LIMITED	Director	08/08/2001	08/08/2001	-	Active	NO
9	U85199WB2004PTC100462	IDEAL GYMNASIUM PRIVATE LIMITED	Director	19/11/2004	19/11/2004	-	Active	NO
10	U70101WB2005PTC104936	IDEAL ENCLAVE PRIVATE LIMITED	Director	25/08/2005	25/08/2005	-	Active	NO
11	U67120WB1993PTC059324	GREEN VALLY TOWERS PRIVATE LIMITED	Director	06/04/2006	06/04/2006	-	Amalgamated	NO
12	U70200WB2006PTC108902	IDEAL UNIQUE REALTORS PRIVATE LIMITED	Director	12/04/2006	12/04/2006	-	Active	NO
13	U65993WB2006PTC109059	IDEAL RESOURCES PVT LTD	Director	24/04/2006	24/04/2006	-	Active	NO
14	U70101WB2006PTC110509	IDEAL GARDENS SERVICES PRIVATE LIMITED	Director	07/07/2006	07/07/2006	-	Active	NO
15	U45203WB2006PTC110551	IDEAL HEIGHTS SERVICES PRIVATE LIMITED	Director	10/07/2006	10/07/2006	-	Active	NO
16	U45205WB2006PTC112039	IDEAL RESIDENCY MANAGEMENT AND SERVICES PRIVATE LIMITED	Director	07/12/2006	07/12/2006	-	Active	NO
17	U45400WB2007PTC120893	EXULT INFRASTURCTURE PRIVATE LIMITED	Director	07/12/2007	07/12/2007	-	Active	NO
18	U45400WB2007PTC120892	EXULT REAL ESTATES AND DEVELOPERS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	-	Active	NO
19	U45400WB2007PTC120891	EXULT APARTMENTS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	-	Active	NO
20	U45400WB2007PTC120890	EXULT BUILDERS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	-	Active	NO
21	U45400WB2007PTC120889	EXULT PROPERTY DEVELOPERS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	-	Active	NO
22	U70100WB2007PTC120888	AQUAVIEW PROJECTS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	-	Active	NO
23	U45400WB2007PTC120887	EXULT REALTY PRIVATE LIMITED	Director	07/12/2007	07/12/2007	-	Active	NO
24	U15312WB2007PTC120883	IDEAL RICE PROJECTS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	-	Active	NO
25	U45400WB2007PTC120894	EXULT TOWERS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	-	Active	NO
26	U60200WB2007PTC120916	EXULT TRANSPORT PRIVATE LIMITED	Director	10/12/2007	10/12/2007	-	Active	NO
27	U70100WB2007PTC120905	EXULT CONSTRUCTIONS PRIVATE LIMITED	Director	10/12/2007	10/12/2007	-	Active	NO
28	U70100WB2007PTC120904	EXULT PLAZA PRIVATE LIMITED	Director	10/12/2007	10/12/2007	-	Active	NO
29	U70100WB2007PTC120903	EXULT SHELTER PRIVATE LIMITED	Director	10/12/2007	10/12/2007	-	Active	NO
30	U70100WB2007PTC120902	EXULT RESIDENCY PRIVATE LIMITED	Director	10/12/2007	10/12/2007	-	Active	NO
31	U70100WB2008PTC121411	EXULT REAL ESTATES AGENTS PRIVATE LIMITED	Director	04/01/2008	04/01/2008	-	Active	NO
32	U70100WB2008PTC121410	EXULT REAL ESTATES CONSULTANTS PRIVATE LIMITED	Director	04/01/2008	04/01/2008	-	Active	NO
33	U45400WB2008PTC124025	IDEAL INFRACON PRIVATE LIMITED	Director	11/03/2008	11/03/2008	-	Active	NO
34	U45400WB2008PTC124024	IDEAL NIKETAN PRIVATE LIMITED	Director	11/03/2008	11/03/2008	-	Amalgamated	NO
35	U45400WB2008PTC124023	EXULT ENCLAVE PRIVATE LIMITED	Director	11/03/2008	11/03/2008	-	Active	NO
36	U45400WB2008PTC124010	EXULT HOMES PRIVATE LIMITED	Director	11/03/2008	11/03/2008	-	Active	NO
37	U45400WB2008PTC124009	IDEAL REALCON PRIVATE LIMITED	Director	11/03/2008	11/03/2008	-	Active	NO
38	U45400WB2008PTC124007	EXULT BUILDCON PRIVATE LIMITED	Director	11/03/2008	11/03/2008	-	Active	NO
39	U45400WB2008PTC124005	IDEAL INFRABUILD PRIVATE LIMITED	Director	11/03/2008	11/03/2008	-	Active	NO
40	U45400WB2008PTC124004	EXULT ESTATES PRIVATE LIMITED	Director	11/03/2008	11/03/2008	-	Active	NO
41	U45400WB2008PTC124002	IDEAL NIWAS PRIVATE LIMITED	Director	11/03/2008	11/03/2008	-	Active	NO
42	U45400WB2008PTC124001	IDEAL DEVCON PRIVATE LIMITED	Director	11/03/2008	11/03/2008	-	Active	NO
43	U45400WB2008PTC124081	EXULT NIRMAN PRIVATE LIMITED	Director	13/03/2008	13/03/2008	-	Active	NO
44	U45400WB2008PTC124079	EXULT HEIGHTS PRIVATE LIMITED	Director	13/03/2008	13/03/2008	-	Active	NO
45	U63090WB2008PTC124241	IDEAL INFRALOGISTICS PRIVATE LIMITED	Director	18/03/2008	18/03/2008	-	Active	NO
46	U63090WB2008PTC124261	IDEAL CARRIERS AND LOGISTICS PRIVATE LIMITED	Director	19/03/2008	19/03/2008	-	Active	NO
47	U51109WB1990PTC049871	CHAKRAM TRADING AND INVESTMENT PRIVATE LIMITED	Director	18/08/2008	18/08/2008	-	Active	NO
48	U45400WB2008PTC130471	IDEAL ORCHID NIRMAN PRIVATE LIMITED	Director	11/11/2008	11/11/2008	-	Active	NO
49	U45400WB2008PTC130470	IDEAL ABASAN PRIVATE LIMITED	Director	11/11/2008	11/11/2008	-	Active	NO
50	U45400WB2008PTC130469	IDEAL SAYONARA TOWERS PRIVATE LIMITED	Director	11/11/2008	11/11/2008	-	Active	NO
51	U45400WB2008PTC130468	IDEAL MARRYGOLD HIGHRISE PRIVATE LIMITED	Director	11/11/2008	11/11/2008	-	Active	NO
52	U45400WB2008PTC130467	IDEAL NICE PLAZA PRIVATE LIMITED	Director	11/11/2008	11/11/2008	-	Active	NO
53	U45400WB2008PTC130461	IDEAL ROSE DEVELOPERS PRIVATE LIMITED	Director	11/11/2008	11/11/2008	-	Active	NO
54	U45400WB2008PTC130457	IDEAL AWAS PRIVATE LIMITED	Director	11/11/2008	11/11/2008	-	Active	NO
55	U45400WB2008PTC130450	IDEAL SILVERLINE BUILDCON PRIVATE LIMITED	Director	11/11/2008	11/11/2008	-	Active	NO
56	U45400WB2008PTC131240	IDEAL JASMINE NIWAS PRIVATE LIMITED	Director	15/12/2008	15/12/2008	-	Active	NO
57	U45400WB2008PTC131242	IDEAL GRACE INFRACON PRIVATE LIMITED	Director	16/12/2008	16/12/2008	-	Active	NO
58	U27320WB2004PTC097914	NFMA MANUFACTURERS PRIVATE LIMITED	Additional director	06/02/2009	06/02/2009	-	Amalgamated	NO
59	U45208WB2008PTC123915	EXULT PROPERTIES PRIVATE LIMITED	Director	20/02/2009	20/02/2009	-	Active	NO
60	U45201AS1986PTC002473	HIMATSINGKA INFRASTRUCTURE PRIVATE LIMITED	Director	30/09/2010	27/03/2009	-	Active	NO
61	U45400WB2009PTC138788	IDEAL CENTRE SERVICES PRIVATE LIMITED	Director	08/10/2009	08/10/2009	19/09/2012	Active	NO
62	U45400WB2010PTC151301	IDEAL VILLAS SERVICES AND MANAGEMENT PRIVATE LIMITED	Director	14/07/2010	14/07/2010	-	Active	NO
63	U70102WB2010PTC152373	EXULT REALCON PRIVATE LIMITED	Director	17/08/2010	17/08/2010	-	Active	NO
64	U70102WB2010PTC152372	EXULT DEVCON PRIVATE LIMITED	Director	17/08/2010	17/08/2010	-	Active	NO
65	U70102WB2010PTC152371	EXULT HOUSING PROJECTS PRIVATE LIMITED	Director	17/08/2010	17/08/2010	-	Active	NO
66	U60210WB2005PTC104935	EXULT LOGISTICS PRIVATE LIMITED	Director	28/04/2011	28/04/2011	-	Active	NO
67	U70109WB2011PTC162659	IDEAL RIVERVIEW PROJECTS PRIVATE LIMITED	Director	16/05/2011	16/05/2011	-	Active	NO
68	U70101WB1989PTC045890	ANJANI PROPERTIES PRIVATE LIMITED	Director	26/09/2011	26/09/2011	-	Active	NO
69	U92412WB2012NPL187580	IDEAL VILLAS OWNERS ASSOCIATION	Director	23/10/2012	23/10/2012	-	Active	NO
70	U70102WB2012PTC187828	IDEAL-CITY PROJECTS PRIVATE LIMITED	Director	01/11/2012	01/11/2012	-	Active	NO
71	U70109WB2012PTC180885	EMARALD PROPERTIES PRIVATE LIMITED	Director	01/11/2012	01/11/2012	-	Active	NO
72	U70109WB2012PTC180887	EMPEROR ENCLAVE PRIVATE LIMITED	Director	01/11/2012	01/11/2012	-	Active	NO
73	U45400WB2013PTC189886	EXULT ROAD HOUSE PRIVATE LIMITED	Director	17/01/2013	17/01/2013	-	Active	NO
74	U45400WB2013PTC189842	EXULT COTTAGE PRIVATE LIMITED	Director	17/01/2013	17/01/2013	-	Active	NO
75	U45400WB2013PTC189863	EXULT LEISURE PRIVATE LIMITED	Director	17/01/2013	17/01/2013	-	Active	NO
76	U45400WB2013PTC189862	EXULT ROOMING HOUSE PRIVATE LIMITED	Director	17/01/2013	17/01/2013	-	Active	NO
77	U45400WB2013PTC189861	EXULT MOTEL PRIVATE LIMITED	Director	17/01/2013	17/01/2013	-	Active	NO
78	U45400WB2013PTC189860	EXULT INN PRIVATE LIMITED	Director	17/01/2013	17/01/2013	-	Active	NO
79	U45400WB2013PTC189859	EXULT RETREAT PRIVATE LIMITED	Director	17/01/2013	17/01/2013	-	Active	NO
80	U45400WB2013PTC189858	EXULT RESORT PRIVATE LIMITED	Director	17/01/2013	17/01/2013	-	Active	NO
81	U45400WB2013PTC189857	EXULT REST HOUSE PRIVATE LIMITED	Director	17/01/2013	17/01/2013	-	Active	NO
82	U45400WB2013PTC189856	EXULT LODGING PRIVATE LIMITED	Director	17/01/2013	17/01/2013	-	Active	NO
83	U45400WB2013PTC189855	EXULT GUEST HOUSE PRIVATE LIMITED	Director	17/01/2013	17/01/2013	-	Active	NO
84	U45400WB2013PTC189854	EXULT LAVISH LIVING PRIVATE LIMITED	Director	17/01/2013	17/01/2013	-	Active	NO
85	U45400WB2013PTC189853	EXULT BOARDING HOUSE PRIVATE LIMITED	Director	17/01/2013	17/01/2013	-	Active	NO
86	U45400WB2013PTC189852	EXULT HOSPITALITY PRIVATE LIMITED	Director	17/01/2013	17/01/2013	-	Active	NO
87	U45400WB2013PTC189851	EXULT ACCOMMODATION PRIVATE LIMITED	Director	17/01/2013	17/01/2013	-	Active	NO
88	U70102WB2013PTC190339	EMPEROR CONCLAVE PRIVATE LIMITED	Director	06/02/2013	06/02/2013	-	Active	NO
89	U70102WB2013PTC190414	EMPEROR INFRANIRMAN PRIVATE LIMITED	Director	07/02/2013	07/02/2013	-	Active	NO
90	U70102WB2013PTC190417	EMPEROR HOMES PRIVATE LIMITED	Director	07/02/2013	07/02/2013	-	Active	NO
91	U70102WB2013PTC190412	EMPEROR AWAS PRIVATE LIMITED	Director	07/02/2013	07/02/2013	-	Active	NO
92	U70102WB2013PTC190443	EMPEROR INFRAPROJECTS PRIVATE LIMITED	Director	08/02/2013	08/02/2013	-	Active	NO
93	U70102WB2013PTC190507	EMPEROR PROMOTERS PRIVATE LIMITED	Director	11/02/2013	11/02/2013	-	Active	NO
94	U70102WB2013PTC190506	EMPEROR RESIDENCY PRIVATE LIMITED	Director	11/02/2013	11/02/2013	-	Active	NO
95	U70102WB2013PTC190505	EMPEROR NIWAS PRIVATE LIMITED	Director	11/02/2013	11/02/2013	-	Active	NO
96	U70102WB2013PTC190504	EMPEROR REALCON PRIVATE LIMITED	Director	11/02/2013	11/02/2013	-	Active	NO
97	U70102WB2013PTC190503	EMPEROR PROCON PRIVATE LIMITED	Director	11/02/2013	11/02/2013	-	Active	NO
98	U70102WB2013PTC190570	EMPEROR MANSSION PRIVATE LIMITED	Director	12/02/2013	12/02/2013	-	Active	NO
99	U70102WB2013PTC190575	EMPEROR TOWERS PRIVATE LIMITED	Director	12/02/2013	12/02/2013	-	Active	NO
100	U70102WB2013PTC190574	EMPEROR NIKETAN PRIVATE LIMITED	Director	12/02/2013	12/02/2013	-	Active	NO
101	U70102WB2013PTC190573	EMPEROR HIRISE PRIVATE LIMITED	Director	12/02/2013	12/02/2013	-	Active	NO
102	U70102WB2013PTC190567	EMPEROR INFRAREALTORS PRIVATE LIMITED	Director	12/02/2013	12/02/2013	-	Active	NO
103	U70102WB2013PTC190562	EMPEROR HOUSING PRIVATE LIMITED	Director	12/02/2013	12/02/2013	-	Active	NO
104	U70102WB2013PTC190561	EMPEROR COMPLEX PRIVATE LIMITED	Director	12/02/2013	12/02/2013	-	Active	NO
105	U70102WB2013PTC190560	EMPEROR APPARTMENTS PRIVATE LIMITED	Director	12/02/2013	12/02/2013	-	Active	NO

Name :	Mr. Rama Himatsingka
Designation :	Director
Address :	19B, Mandeville Gardens, 5^th Floor, Kolkata-700019, West Bengal, India
Date of Birth/Age :	25.10.1962
Date of Appointment :	01.03.2007
DIN No.:	00114469

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	U65921WB1986PLC041135	IDEAL AUTO CREDIT LIMITED	Director	07/02/1994	07/02/1994	01/12/2011	Active	NO
2	U51109WB1985PTC039607	DENZONG TRADING COMPANY PRIVATE LIMITED	Director	26/03/1997	26/03/1997	-	Active	NO
3	U51109WB2000PTC091199	IDEAL MOVERS PRIVATE LIMITED	Director	01/04/2006	01/04/2006	01/12/2011	Active	NO
4	U65993WB2006PTC109059	IDEAL RESOURCES PRIVATE LIMITED	Director	01/03/2007	01/03/2007	-	Active	NO
5	U45208WB2008PTC130666	OM BALA INFRASTRUCTURE PRIVATE LIMITED	Director	12/03/2009	12/03/2009	-	Active	NO
6	U92200WB2009PTC137567	HIMATSINGKA COMMUNICATIONS PRIVATE LIMITED	Director	07/08/2009	07/08/2009	-	Active	NO

Name :	Mr. Srawan Kumar Himatsingka
Designation :	Director
Address :	20, Mandeville Gardens, Kolkata-700019, West Bengal, India
Date of Birth/Age :	02.05.1950
Date of Appointment :	05.05.2006
PAN No.:	AAPPH7844E
DIN No.:	00114412

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	Company/ LLP Status	Defaulting status
1	U63040WB1969PTC027522	ROAD BIRD PRIVATE LIMITED	Director	16/05/1980	16/05/1980	Active	NO
2	U65921WB1986PLC041135	IDEAL AUTO CREDIT LIMITED	Director	19/08/1986	19/08/1986	Active	NO
3	U70109WB1986PTC041175	IDEAL ESTATES PRIVATE LIMITED	Director	22/11/1986	22/11/1986	Active	NO
4	U65921WB1987PLC042117	IDEAL FINANCING CORPORATION LIMITED	Director	27/03/1987	27/03/1987	Active	NO
5	U51109WB1988PTC044191	IDEAL APARTMENTS PRIVATE LIMITED	Director	20/04/1988	20/04/1988	Active	NO
6	U70101WB1988PTC045347	IDEAL REAL ESTATES PRIVATE LIMITED	Director	07/10/1988	07/10/1988	Active	NO
7	U50300WB1991PTC050539	IDEAL DEALERS PRIVATE LIMITED	Director	01/01/1991	01/01/1991	Active	NO
8	U70101WB1989PTC045890	ANJANI PROPERTIES PRIVATE LIMITED	Director	12/05/1992	12/05/1992	Active	NO
9	U70109WB1994PTC061580	ODIN HOUSING PROJECTS PRIVATE LIMITED	Director	28/02/1995	28/02/1995	Active	NO
10	U74140WB1998PTC087568	IDEAL TOWERS SERVICES PRIVATE LIMITED	Director	22/07/1998	22/07/1998	Active	NO
11	U51109WB2000PTC091199	IDEAL MOVERS PRIVATE LIMITED	Director	23/02/2000	23/02/2000	Active	NO
12	U70101WB1998PTC087841	IDEAL HEIGHTS PRIVATE LIMITED	Director	05/07/2004	05/07/2004	Active	NO
13	U67120WB1993PTC059324	GREEN VALLY TOWERS PRIVATE LIMITED	Director	26/07/2004	26/07/2004	Amalgamated	NO
14	U85199WB2004PTC100462	IDEAL GYMNASIUM PRIVATE LIMITED	Director	19/11/2004	19/11/2004	Active	NO
15	U70101WB2005PTC104936	IDEAL ENCLAVE PRIVATE LIMITED	Director	25/08/2005	25/08/2005	Active	NO
16	U70200WB2006PTC108902	IDEAL UNIQUE REALTORS PRIVATE LIMITED	Director	12/04/2006	12/04/2006	Active	NO
17	U65993WB2006PTC109059	IDEAL RESOURCES PRIVATE LIMITED	Director	05/05/2006	05/05/2006	Active	NO
18	U45400WB2007PTC120894	EXULT TOWERS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	Active	NO
19	U45400WB2007PTC120893	EXULT INFRASTURCTURE PRIVATE LIMITED	Director	07/12/2007	07/12/2007	Active	NO
20	U45400WB2007PTC120892	EXULT REAL ESTATES AND DEVELOPERS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	Active	NO
21	U45400WB2007PTC120891	EXULT APARTMENTS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	Active	NO
22	U45400WB2007PTC120890	EXULT BUILDERS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	Active	NO
23	U45400WB2007PTC120889	EXULT PROPERTY DEVELOPERS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	Active	NO
24	U70100WB2007PTC120888	AQUAVIEW PROJECTS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	Active	NO
25	U45400WB2007PTC120887	EXULT REALTY PRIVATE LIMITED	Director	07/12/2007	07/12/2007	Active	NO
26	U15312WB2007PTC120883	IDEAL RICE PROJECTS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	Active	NO
27	U60200WB2007PTC120916	EXULT TRANSPORT PRIVATE LIMITED	Director	10/12/2007	10/12/2007	Active	NO
28	U70100WB2007PTC120905	EXULT CONSTRUCTIONS PRIVATE LIMITED	Director	10/12/2007	10/12/2007	Active	NO
29	U70100WB2007PTC120904	EXULT PLAZA PRIVATE LIMITED	Director	10/12/2007	10/12/2007	Active	NO
30	U70100WB2007PTC120903	EXULT SHELTER PRIVATE LIMITED	Director	10/12/2007	10/12/2007	Active	NO
31	U70100WB2007PTC120902	EXULT RESIDENCY PRIVATE LIMITED	Director	10/12/2007	10/12/2007	Active	NO
32	U70100WB2008PTC121411	EXULT REAL ESTATES AGENTS PRIVATE LIMITED	Director	04/01/2008	04/01/2008	Active	NO
33	U70100WB2008PTC121410	EXULT REAL ESTATES CONSULTANTS PRIVATE LIMITED	Director	04/01/2008	04/01/2008	Active	NO
34	U45400WB2008PTC124025	IDEAL INFRACON PRIVATE LIMITED	Director	11/03/2008	11/03/2008	Active	NO
35	U45400WB2008PTC124024	IDEAL NIKETAN PRIVATE LIMITED	Director	11/03/2008	11/03/2008	Amalgamated	NO
36	U45400WB2008PTC124023	EXULT ENCLAVE PRIVATE LIMITED	Director	11/03/2008	11/03/2008	Active	NO
37	U45400WB2008PTC124010	EXULT HOMES PRIVATE LIMITED	Director	11/03/2008	11/03/2008	Active	NO
38	U45400WB2008PTC124009	IDEAL REALCON PRIVATE LIMITED	Director	11/03/2008	11/03/2008	Active	NO
39	U45400WB2008PTC124007	EXULT BUILDCON PRIVATE LIMITED	Director	11/03/2008	11/03/2008	Active	NO
40	U45400WB2008PTC124005	IDEAL INFRABUILD PRIVATE LIMITED	Director	11/03/2008	11/03/2008	Active	NO
41	U45400WB2008PTC124004	EXULT ESTATES PRIVATE LIMITED	Director	11/03/2008	11/03/2008	Active	NO
42	U45400WB2008PTC124002	IDEAL NIWAS PRIVATE LIMITED	Director	11/03/2008	11/03/2008	Active	NO
43	U45400WB2008PTC124001	IDEAL DEVCON PRIVATE LIMITED	Director	11/03/2008	11/03/2008	Active	NO
44	U45400WB2008PTC124081	EXULT NIRMAN PRIVATE LIMITED	Director	13/03/2008	13/03/2008	Active	NO
45	U45400WB2008PTC124079	EXULT HEIGHTS PRIVATE LIMITED	Director	13/03/2008	13/03/2008	Active	NO
46	U63090WB2008PTC124241	IDEAL INFRALOGISTICS PRIVATE LIMITED	Director	18/03/2008	18/03/2008	Active	NO
47	U63090WB2008PTC124261	IDEAL CARRIERS AND LOGISTICS PRIVATE LIMITED	Director	19/03/2008	19/03/2008	Active	NO
48	U51109WB1990PTC049871	CHAKRAM TRADING AND INVESTMENT PRIVATE LIMITED	Director	18/08/2008	18/08/2008	Active	NO
49	U45400WB2008PTC130471	IDEAL ORCHID NIRMAN PRIVATE LIMITED	Director	11/11/2008	11/11/2008	Active	NO
50	U45400WB2008PTC130470	IDEAL ABASAN PRIVATE LIMITED	Director	11/11/2008	11/11/2008	Active	NO
51	U45400WB2008PTC130469	IDEAL SAYONARA TOWERS PRIVATE LIMITED	Director	11/11/2008	11/11/2008	Active	NO
52	U45400WB2008PTC130468	IDEAL MARRYGOLD HIGHRISE PRIVATE LIMITED	Director	11/11/2008	11/11/2008	Active	NO
53	U45400WB2008PTC130467	IDEAL NICE PLAZA PRIVATE LIMITED	Director	11/11/2008	11/11/2008	Active	NO
54	U45400WB2008PTC130461	IDEAL ROSE DEVELOPERS PRIVATE LIMITED	Director	11/11/2008	11/11/2008	Active	NO
55	U45400WB2008PTC130457	IDEAL AWAS PRIVATE LIMITED	Director	11/11/2008	11/11/2008	Active	NO
56	U45400WB2008PTC130450	IDEAL SILVERLINE BUILDCON PRIVATE LIMITED	Director	11/11/2008	11/11/2008	Active	NO
57	U45400WB2008PTC131240	IDEAL JASMINE NIWAS PRIVATE LIMITED	Director	15/12/2008	15/12/2008	Active	NO
58	U45400WB2008PTC131242	IDEAL GRACE INFRACON PRIVATE LIMITED	Director	16/12/2008	16/12/2008	Active	NO
59	U27320WB2004PTC097914	NFMA MANUFACTURERS PRIVATE LIMITED	Additional director	06/02/2009	06/02/2009	Amalgamated	NO
60	U45208WB2008PTC123915	EXULT PROPERTIES PRIVATE LIMITED	Director	20/02/2009	20/02/2009	Active	NO
61	U45201AS1986PTC002473	HIMATSINGKA INFRASTRUCTURE PRIVATE LIMITED	Director	30/09/2010	27/03/2009	Active	NO
62	U70102WB2010PTC152373	EXULT REALCON PRIVATE LIMITED	Director	17/08/2010	17/08/2010	Active	NO
63	U70102WB2010PTC152372	EXULT DEVCON PRIVATE LIMITED	Director	17/08/2010	17/08/2010	Active	NO
64	U70102WB2010PTC152371	EXULT HOUSING PROJECTS PRIVATE LIMITED	Director	17/08/2010	17/08/2010	Active	NO
65	U60210WB2005PTC104935	EXULT LOGISTICS PRIVATE LIMITED	Director	28/04/2011	28/04/2011	Active	NO
66	U70109WB2011PTC162659	IDEAL RIVERVIEW PROJECTS PRIVATE LIMITED	Director	16/05/2011	16/05/2011	Active	NO
67	U70102WB2012PTC187828	IDEAL-CITY PROJECTS PRIVATE LIMITED	Director	01/11/2012	01/11/2012	Active	NO
68	U70109WB2012PTC180884	ELLORA ENCLAVE PRIVATE LIMITED	Director	08/11/2012	08/11/2012	Active	NO
69	U45400WB2013PTC189886	EXULT ROAD HOUSE PRIVATE LIMITED	Director	17/01/2013	17/01/2013	Active	NO
70	U45400WB2013PTC189842	EXULT COTTAGE PRIVATE LIMITED	Director	17/01/2013	17/01/2013	Active	NO
71	U45400WB2013PTC189863	EXULT LEISURE PRIVATE LIMITED	Director	17/01/2013	17/01/2013	Active	NO
72	U45400WB2013PTC189862	EXULT ROOMING HOUSE PRIVATE LIMITED	Director	17/01/2013	17/01/2013	Active	NO
73	U45400WB2013PTC189861	EXULT MOTEL PRIVATE LIMITED	Director	17/01/2013	17/01/2013	Active	NO
74	U45400WB2013PTC189860	EXULT INN PRIVATE LIMITED	Director	17/01/2013	17/01/2013	Active	NO
75	U45400WB2013PTC189859	EXULT RETREAT PRIVATE LIMITED	Director	17/01/2013	17/01/2013	Active	NO
76	U45400WB2013PTC189858	EXULT RESORT PRIVATE LIMITED	Director	17/01/2013	17/01/2013	Active	NO
77	U45400WB2013PTC189857	EXULT REST HOUSE PRIVATE LIMITED	Director	17/01/2013	17/01/2013	Active	NO
78	U45400WB2013PTC189856	EXULT LODGING PRIVATE LIMITED	Director	17/01/2013	17/01/2013	Active	NO
79	U45400WB2013PTC189855	EXULT GUEST HOUSE PRIVATE LIMITED	Director	17/01/2013	17/01/2013	Active	NO
80	U45400WB2013PTC189854	EXULT LAVISH LIVING PRIVATE LIMITED	Director	17/01/2013	17/01/2013	Active	NO
81	U45400WB2013PTC189853	EXULT BOARDING HOUSE PRIVATE LIMITED	Director	17/01/2013	17/01/2013	Active	NO
82	U45400WB2013PTC189852	EXULT HOSPITALITY PRIVATE LIMITED	Director	17/01/2013	17/01/2013	Active	NO
83	U45400WB2013PTC189851	EXULT ACCOMMODATION PRIVATE LIMITED	Director	17/01/2013	17/01/2013	Active	NO
84	U70102WB2013PTC190339	EMPEROR CONCLAVE PRIVATE LIMITED	Director	06/02/2013	06/02/2013	Active	NO
85	U70102WB2013PTC190414	EMPEROR INFRANIRMAN PRIVATE LIMITED	Director	07/02/2013	07/02/2013	Active	NO
86	U70102WB2013PTC190417	EMPEROR HOMES PRIVATE LIMITED	Director	07/02/2013	07/02/2013	Active	NO
87	U70102WB2013PTC190412	EMPEROR AWAS PRIVATE LIMITED	Director	07/02/2013	07/02/2013	Active	NO
88	U70102WB2013PTC190443	EMPEROR INFRAPROJECTS PRIVATE LIMITED	Director	08/02/2013	08/02/2013	Active	NO
89	U70102WB2013PTC190505	EMPEROR NIWAS PRIVATE LIMITED	Director	11/02/2013	11/02/2013	Active	NO
90	U70102WB2013PTC190504	EMPEROR REALCON PRIVATE LIMITED	Director	11/02/2013	11/02/2013	Active	NO
91	U70102WB2013PTC190503	EMPEROR PROCON PRIVATE LIMITED	Director	11/02/2013	11/02/2013	Active	NO
92	U70102WB2013PTC190507	EMPEROR PROMOTERS PRIVATE LIMITED	Director	11/02/2013	11/02/2013	Active	NO
93	U70102WB2013PTC190506	EMPEROR RESIDENCY PRIVATE LIMITED	Director	11/02/2013	11/02/2013	Active	NO
94	U70102WB2013PTC190570	EMPEROR MANSSION PRIVATE LIMITED	Director	12/02/2013	12/02/2013	Active	NO
95	U70102WB2013PTC190575	EMPEROR TOWERS PRIVATE LIMITED	Director	12/02/2013	12/02/2013	Active	NO
96	U70102WB2013PTC190574	EMPEROR NIKETAN PRIVATE LIMITED	Director	12/02/2013	12/02/2013	Active	NO
97	U70102WB2013PTC190573	EMPEROR HIRISE PRIVATE LIMITED	Director	12/02/2013	12/02/2013	Active	NO
98	U70102WB2013PTC190567	EMPEROR INFRAREALTORS PRIVATE LIMITED	Director	12/02/2013	12/02/2013	Active	NO
99	U70102WB2013PTC190562	EMPEROR HOUSING PRIVATE LIMITED	Director	12/02/2013	12/02/2013	Active	NO
100	U70102WB2013PTC190561	EMPEROR COMPLEX PRIVATE LIMITED	Director	12/02/2013	12/02/2013	Active	NO
101	U70102WB2013PTC190560	EMPEROR APPARTMENTS PRIVATE LIMITED	Director	12/02/2013	12/02/2013	Active	NO

Name :	Mr. Tirthraj Himatsingka
Designation :	Director
Address :	19B, Mandeville Gardens, 5^th Floor, Kolkata-700019, West Bengal, India
Date of Birth/Age :	30.11.1959
Date of Appointment :	24.04.2006
PAN No.:	ABCPH0618L
DIN No.:	00114434

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	Company/ LLP Status	Defaulting status
1	U65921WB1986PLC041135	IDEAL AUTO CREDIT LIMITED	Director	16/03/1988	16/03/1988	Active	NO
2	U50300WB1991PTC050539	IDEAL DEALERS PRIVATE LIMITED	Director	18/03/1991	18/03/1991	Active	NO
3	U65921WB1987PLC042117	IDEAL FINANCING CORPORATION LIMITED	Director	17/05/1991	17/05/1991	Active	NO
4	U51109WB2000PTC091199	IDEAL MOVERS PRIVATE LIMITED	Director	23/02/2000	23/02/2000	Active	NO
5	U65993WB2006PTC109059	IDEAL RESOURCES PVT LTD	Director	24/04/2006	24/04/2006	Active	NO
6	U45208WB2008PTC130666	OM BALA INFRASTRUCTURE PRIVATE LIMITED	Director	12/03/2009	12/03/2009	Active	NO
7	U92200WB2009PTC137567	HIMATSINGKA COMMUNICATIONS PRIVATE LIMITED	Director	07/08/2009	07/08/2009	Active	NO
8	U60210WB2005PTC104935	EXULT LOGISTICS PRIVATE LIMITED	Director	28/04/2011	28/04/2011	Active	NO
9	U45400WB2012PTC171845	SUBHRASHI HOUSING PRIVATE LIMITED	Director	02/03/2012	02/03/2012	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 29.09.2012

Names of Shareholders	No. of Shares
Tirthraj Himatsingka	49000
Nakul Himatsingka	49000
Srawan Kumar Himatsingka	49000
Rama Himatsingka	20000
Kanak Himatsingka	49000
Divya Himatsingka	49000
Kesav Himatsingka	10000
Ideal Financing Corporation Limited, India	49000
Raghav Himatsingka	26000
Ideal Auto Credit Limited, India	49000
Ideal Movers Private Limited, India	32000
Ideal Dealers Private Limited, India	20000
Ideal Real Estates Private Limited, India	49000
TOTAL	500000

AS ON 29.09.2012

Equity Shares Break Up	Percentage of Holding
Bodies corporate	39.80
Directors or relatives of Directors	60.20
TOTAL	100.00

BUSINESS DETAILS

Line of Business :

Trader of Minerals and Ferro Alloys

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

· Bank of India, Surat MID Corporate Branch, BOI Building, 1^st Floor, Near BSNL Office, Ghoddod Road, Surat-395001, Gujarat, India

Facilities :

Secured Loan	Rs. In Millions 31.03.2012	Rs. In Millions 31.03.2011
Deferred Payment Liabilities	19.300	4.147
Loans repayable on demand from banks	135.389	140.648
TOTAL	154.689	144.795

Banking Relations :	--
Auditors :
Name :	Nirananjan Desai and Company Chartered Accountant
Address :	33, Ring Road, Gujarat-395001, India
PAN No.:	AAZPD2642J
Associates :	· Ideal Movers Private Limited · Ideal Real Estate Private Limited · Ideal Dealers Private Limited
Other related parties :	· Apex Commodities

CAPITAL STRUCTURE

AS ON 31.03.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
500000	Equity Shares	Rs.10/- each	Rs. 5.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
500000	Equity Shares	Rs.10/- each	Rs. 5.000 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2012	31.03.2011	31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		5.000	5.000	5.000
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		388.390	326.528	228.239
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		393.390	331.528	233.239
LOAN FUNDS
1] Secured Loans		154.689	144.795	60.249
2] Unsecured Loans		6.032	116.065	0.000
TOTAL BORROWING		160.721	260.860	60.249
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		554.111	592.388	293.488
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		141.055	61.594	11.327
Capital work-in-progress		10.598	3.362	0.406
INVESTMENT		5.705	5.705	5.705
DEFERREX TAX ASSETS		0.126	0.918	0.714
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	19.226	0.000	0.000
	Sundry Debtors	317.826	259.914	76.278
	Cash & Bank Balances	15.074	31.041	0.181
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	115.757	368.026	277.193
Total Current Assets		467.883	658.981	353.652
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	23.967	32.030	1.967
	Other Current Liabilities	12.478	9.735	2.331
	Provisions	34.811	96.407	74.030
Total Current Liabilities		71.256	138.172	78.328
Net Current Assets		396.627	520.809	275.324
MISCELLANEOUS EXPENSES		0.000	0.000	0.012
TOTAL		554.111	592.388	293.488

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012
	SALES
		Gross Income	2261.527
		Other Income	NA
		TOTAL	NA
Less	EXPENSES
		Office Expenses	NA
		Administrative Expenses
		Advertising Expenses
		TOTAL	NA
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION		158.028
Less/ Add	DEPRECIATION/ AMORTISATION		4.211
	PROFIT / (LOSS) BEFORE TAX		153.817
Less	TAX		52.030
	PROFIT / (LOSS) AFTER TAX		101.787
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		13.239
Less	APPROPRIATIONS
		Transfer to General Reserve	85.000
		Dividend	3.000
		Tax on Dividend	0.498
	BALANCE CARRIED TO THE B/S		26.528
	Earnings Per Share (Rs.)		203.574

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
Net Profit Margin (PBT/Sales)	(%)	6.80	NA	NA
Return on Total Assets (PBT/Total Assets}	(%)	25.25	NA	NA
Return on Investment (ROI) (PBT/Networth)		0.39	NA	NA
Debt Equity Ratio (Total Debt /Networth)		0.41	0.79	0.26
Current Ratio (Current Asset/Current Liability)		6.57	4.77	4.52

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	No
10]	Designation of contact person	No
11]	Turnover of firm for last one years	Yes
12]	Profitability for last one years	Yes
13]	Reasons for variation <> 20%	-----
14]	Estimation for coming financial year	No
15]	Capital in the business	Yes
16]	Details of sister concerns	Yes
17]	Major suppliers	No
18]	Major customers	No
19]	Payments terms	No
20]	Export / Import details (if applicable)	No
21]	Market information	-----
22]	Litigations that the firm / promoter involved in	-----
23]	Banking Details	Yes
24]	Banking facility details	Yes
25]	Conduct of the banking account	-----
26]	Buyer visit details	-----
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	Yes
30]	Major Shareholders, if available	Yes
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN 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

UNSECURED LOAN	Rs. In Millions 31.03.2012	Rs. In Millions 31.03.2011
Loans and advances from related parties	6.032	116.065
TOTAL	6.032	116.065

FORM 8

Corporate identity number of the company	U65993WB2006PTC109059
Name of the company	IDEAL RESOURCES PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	50, J l Nehru Road, Kolkata-700071, West Bengal, India
This form is for	Modification of charge
Charge identification number of the charge to be modified	10045337
Type of charge	· Book debts
Particular of charge holder	Bank of India, Surat MID Corporate Branch, BOI Building, 1^st Floor, Near BSNL Office, Ghoddod Road, Surat-395001, Gujarat, India
Nature of instrument creating charge	Fourth Supplemental Deed of Hypothecation of Book Debts, securing increase in CC Book Debts limits from Rs.150.000 Millions to Rs.200.000 Millions.
Date of instrument Creating the charge	03.07.2012
Amount secured by the charge	Rs. 200.000 Millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of interest 3% over Base Rate, presently 13.50% per annum, with monthly rests. Terms of repayment on demand Margin 40% Extent and operation of the charge First and exclusive charge of Bank of India
Short particulars of the property charged (Including location of the property)	Entire book debts of the Company
Date of instrument modifying the charge	02.03.2011
Particulars of the present modification	Cash Credit Book Debts limits increased from Rs.150.000 Millions to Rs.200.000 Millions

FIXED ASSETS

· Plant and Equipment

· Building

· Land

· Building

· Furniture and Fixtures

· Vehicles

· Office Equipments

· Computer Equipments

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. 54.28
UK Pound	1	Rs. 84.09
Euro	1	Rs. 72.44

INFORMATION DETAILS

Report Prepared by :

DPT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	6
--CREDIT LINES	1~10	6
--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		49

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.