MIRA INFORM REPORT

Report Date :

03.06.2013

IDENTIFICATION DETAILS

Name :	GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED
Registered Office :	Pirojsha nagar, Vikhroli, Mumbai – 400079, Maharashtra
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	03.03.1932
Com. Reg. No.:	11-001828
Capital Investment / Paid-up Capital :	Rs. 66.291 Millions
CIN No.: [Company Identification No.]	U28993MH1932PLC001828
TAN No.: [Tax Deduction & Collection Account No.]	MUMG06742B MUMG05774G
PAN No.: [Permanent Account No.]	AAACG1395D
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Manufacturing and Marketing of Consumer Durables, Office Equipments and Industrial Products.
No. of Employees :	10000 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

A (67)

RATING		STATUS	PROPOSED CREDIT LINE
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

Maximum Credit Limit :	USD 92000000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Exist
Comments :	Subject is a well established and a reputed Godrej group company having fine track record. It is reported that Mr. J N Godrej, chairman of the board of directors and the managing directors of the company was conferred the “Padma Bhushan” award in recognition of his distinguished service of high order to the nation in the field of trade and economic activity. Financial position of the company appears to be sound. Trade relations are reported as fair. Directors are reported to be experienced and respectable businessmen. Payments are regular and as per commitments. 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 – 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

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	AA- (Long Term Rating)
Rating Explanation	High degree of safety it carry very low credit risk.
Date	16.10.2012

Rating Agency Name	CRISIL
Rating	A1+ (Short Term Rating)
Rating Explanation	Very strong degree of safety it carry very low credit risk.
Date	16.10.2012

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/ Head Office/ Factory 1 :	Pirojsha Nagar, Vikhroli, Mumbai - 400079, Maharashtra, India
Tel. No.:	91-22-67961300/ 67965106/ 67965656/ 67965959
Mobile No.;	91-9545553955 (Mr. V.V.V. Shivdas)
Fax No.:	91-22-67961518/ 67961509
E-Mail :	info@godrej.com mumbaibr@godrej.com kap@godrej.com pef@godrej.com
Website :	www.godrej.com www.new.godrej.com
Location :	Owned
Factory 2 :	Apollo Square Building, Plot No. 60, Sahaney Sujan Park, Lullanagar, Pune - 411 040, Maharashtra, India
Branch Office :	Located at: · Mumbai · Ahmedabad · Bangalore · Bhopal · Bhubaneshwar · Kolkata · Chandigarh · Kochi · Coimbatore · Faridabad · Ghaziabad · Guwahati · Hyderabad · Indore · Jabalpur · Jaipur · Jamshedpur · Kanpur · Lucknow · Chennai · New Delhi · Patna · Pune · Rajkot · Surat · Trivandrum · Vishakhapatnam

DIRECTORS

As on 27.09.2012

Name :

Mr. Jamshyd Naoroji Godrej

Designation :

Chairman and Managing Director

Address :

40-D, B.G. Kher Marg, Malabar Hill, Mumbai - 400 006, Maharashtra, India

Date of Birth :

24.01.1949

Qualification :

B.S., (Mech. Engg.) (Illinois Institute of Technology, Chicago)

Date of Appointment :

01.04.2011

Voter ID No.:

MT/04/024/099982

DIN No.:

00076250

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	U28993MH1932PLC001828	GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED	Managing director	01/04/2011	07/10/1974	-	Active	NO
2	U74999MH1960PLC011759	LAWKIM LIMITED	Director	21/02/1977	21/02/1977	-	Amalgamated	NO
3	U65990MH1975PTC018480	GODREJ INVESTMENTS PRIVATE LIMITED	Director	12/06/1984	12/06/1984	-	Active	NO
4	L24241MH1988PLC097781	GODREJ INDUSTRIES LIMITED	Director	07/03/1988	07/03/1988	-	Active	NO
5	L74120MH1985PLC035308	GODREJ PROPERTIES LIMITED	Director	25/04/1990	25/04/1990	-	Active	NO
6	L15142MP1984PLC002382	WADALA COMMODITIES LIMITED	Director	28/11/1991	28/11/1991	10/06/2008	Active	NO
7	U15410MH1991PLC135359	GODREJ AGROVET LIMITED	Director	24/08/1992	24/08/1992	-	Active	NO
8	U85110KA1992GOI013570	ANTRIX CORPORATION LIMITED	Director	27/11/1992	27/11/1992	11/05/2013	Active	NO
9	L72200MH1994PLC077342	GEOMETRIC LIMITED	Director	25/03/1994	25/03/1994	-	Active	NO
10	U24211MH1987PLC043137	GODREJ HOUSEHOLD PRODUCTS LIMITED	Director	08/08/1994	08/08/1994	-	Amalgamated	NO
11	U65991MH1995PLC087722	TATA TRUSTEE COMPANY LIMITED	Director	21/05/1996	21/05/1996	26/04/2012	Active	NO
12	L35911PN1945PLC004656	Bajaj Holdings & Investment Limited.	Director	27/10/1998	27/10/1998	20/02/2008	Active	NO
13	L24246MH2000PLC129806	GODREJ CONSUMER PRODUCTS LIMITED	Director	01/03/2001	01/03/2001	-	Active	NO
14	U72900MH2001PLC134244	3D PLM SOFTWARE SOLUTIONS LIMITED	Director	23/01/2002	23/01/2002	17/04/2007	Active	NO
15	U24240MH1997PTC105714	Hershey India Private Limited	Director	12/07/2002	12/07/2002	15/05/2007	Active	NO
16	U74140MH2002PTC136070	Eureka Outsourcing Solutions Private Limited	Director	18/12/2003	18/12/2003	27/12/2007	Active	NO
17	U23209WB1985SGC039487	HALDIA PETROCHEMICALS LTD	Director	31/07/2012	02/11/2004	-	Active	NO
18	U85100MH1946GAP005082	BREACH CANDY HOSPITAL TRUST	Director	13/12/2004	13/12/2004	-	Active	NO
19	U80301TN2004NPL052529	GREAT LAKES INSTITUTE OF MANAGEMENT	Director	01/04/2005	01/04/2005	03/05/2011	Active	NO
20	U80302KA1998PTC037801	ILLINOIS INSTITITUTE OF TECHNOLOGY (INDIA) PRIVATE LIMITED	Director	29/11/2005	29/11/2005	-	Active	NO
21	U67120MH2005PLC155188	BSE Limited	Director	14/09/2007	26/09/2006	16/06/2008	Active	NO
22	U80904DL2007NPL161078	SINGAPORE - INDIA PARTNERSHIP FOUNDATION(INDIA)	Director	23/03/2007	23/03/2007	-	Active	NO
23	L65993PN2007PLC130076	BAJAJ AUTO LIMITED.	Director	10/07/2008	30/01/2008	-	Active	NO
24	U74990MH2008NPL189117	INDIAN INSTITUTE FOR HUMAN SETTLEMENTS	Director	23/12/2008	23/12/2008	-	Active	NO
25	U93030DL2009NPL194891	Shakti Sustainable Energy Foundation	Director	05/10/2009	05/10/2009	-	Active	NO
26	U80211DL2008NPL185825	WWF India Foundation	Director	13/08/2010	13/08/2010	-	Active	NO
27	U73100MH2011NPL220003	RAPTOR RESEARCH AND CONSERVATION FOUNDATION	Director	21/07/2011	21/07/2011	-	Active	NO
28	U29290MH1973GAP016420	INDIAN MACHINE TOOL MANUFACTURERS ASSOCIATION	Director	29/08/2012	29/08/2012	-	Active	NO
29	U74900KA2012NPL067059	IMTMA Machine Tool Industry Park	Director	06/12/2012	06/12/2012	-	Active	NO
30	AAA-1480	RKN ENTERPRISE LLP	Designated Partner	01/06/2010	01/06/2010	-	Active	NO
31	AAA-1481	JNG ENTERPRISE LLP	Designated Partner	01/06/2010	01/06/2010	-	Active	NO
32	AAA-1485	GODREJ & BOYCE ENTERPRISE LLP	Body corporate as Designated Partner	02/06/2010	02/06/2010	-	Active	NO

Name :

Mr. Ardeshir Burjorji Godrej

Designation :

Director

Address :

Godrej House, 67H, Walkeshwar Road, Opposite Birla Public School, Mumbai – 400 006, Maharashtra, India

Date of Birth :

03.04.1942

Qualification :

B.S., M.S. (Engg. and Indl. Mgmt.) (MIT, USA)

Date of Appointment :

30.04.1973

Voter ID No.:

MT/04/024/273279

DIN No.:

00065964

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	U28993MH1932PLC001828	GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED	Director	30/04/1973	30/04/1973	-	Active	NO
2	U24243MH1974PLC017488	SWADESHI DETERGENTS LIMITED	Director	31/12/1979	31/12/1979	-	Active	NO
3	U24241MH1979PLC021804	VORA SOAPS LIMITED	Director	31/12/1979	31/12/1979	-	Active	NO
4	U65990MH1975PTC018480	GODREJ INVESTMENTS PRIVATE LIMITED	Director	08/06/1984	08/06/1984	-	Active	NO
5	L15142MP1984PLC002382	WADALA COMMODITIES LIMITED	Director	21/01/1986	21/01/1986	10/06/2008	Active	NO
6	L24241MH1988PLC097781	GODREJ INDUSTRIES LIMITED	Director	07/03/1988	07/03/1988	-	Active	NO
7	L74120MH1985PLC035308	GODREJ PROPERTIES LIMITED	Director	25/04/1990	25/04/1990	-	Active	NO
8	U15410MH1991PLC135359	GODREJ AGROVET LIMITED	Director	25/11/1991	25/11/1991	-	Active	NO
9	U29294MH1993PTC072222	ISS HICARE Private Limited	Director	31/05/1993	31/05/1993	18/06/2009	Active	NO
10	U24211MH1987PLC043137	GODREJ HOUSEHOLD PRODUCTS LIMITED	Director	08/08/1994	08/08/1994	-	Amalgamated	NO
11	U80100AP1997NPL036631	INDIAN SCHOOL OF BUSINESS	Director	02/04/2011	13/11/1997	-	Active	NO
12	L24246MH2000PLC129806	GODREJ CONSUMER PRODUCTS LIMITED	Whole-time director	01/04/2013	29/11/2000	-	Active	NO
13	U24240MH1997PTC105714	Hershey India Private Limited	Director	01/07/2002	01/07/2002	27/09/2012	Active	NO
14	U74140MH2002PTC136070	Eureka Outsourcing Solutions Private Limited	Director	17/12/2003	17/12/2003	27/12/2007	Active	NO
15	U15432MH1952PTC169547	NUTRINE CONFECTIONERY COMPANY Private Limited	Director	19/06/2007	30/06/2006	27/09/2012	Active	NO
16	U51909MH2007PLC168675	GODREJ HYGIENE PRODUCTS LIMITED	Director	13/03/2007	13/03/2007	-	Active	NO
17	U18101MH1977PTC181783	SARALEE HOUSEHOLD & BODYCARE INDIA PRIVATE LIMITED	Director	02/07/2007	02/07/2007	-	Amalgamated	NO
18	AAA-1483	NBG ENTERPRISE LLP	Designated Partner	02/06/2010	02/06/2010	-	Active	NO
19	AAA-1484	ABG VENTURE LLP	Designated Partner	02/06/2010	02/06/2010	-	Active	NO

Name :

Mr. Nadir Burjorji Godrej

Designation :

Director

Address :

40-D, B.G. Kher Marg, Malabar Hill, Mumbai – 400 006, Maharashtra, India

Date of Birth :

26.08.1951

Qualification :

B.S. (Chem. Engg) (MIT, USA); M.S. (Chem. Engg.) (Stanford, USA)

M.B.A. (Harvard, USA)

Date of Appointment :

27.09.1990

Voter ID No.:

MT/04/024/099721

DIN No.:

00066195

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	L15142MP1984PLC002382	WADALA COMMODITIES LIMITED	Director	21/01/1986	21/01/1986	26/02/2007	Active	NO
2	L24241MH1988PLC097781	GODREJ INDUSTRIES LIMITED	Whole-time director	01/04/2011	07/03/1988	-	Active	NO
3	L74120MH1985PLC035308	GODREJ PROPERTIES LIMITED	Director	25/04/1990	25/04/1990	-	Active	NO
4	U28993MH1932PLC001828	GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED	Director	27/09/1990	27/09/1990	-	Active	NO
5	U15410MH1991PLC135359	GODREJ AGROVET LIMITED	Director	25/11/1991	25/11/1991	-	Active	NO
6	L65990MH1945PLC004558	MAHINDRA AND MAHINDRA LIMITED	Director	28/08/1992	28/08/1992	-	Active	NO
7	U72900MH1992PLC065539	Isprava Technologies Limited	Director	07/09/1992	07/09/1992	-	Active	NO
8	U24211MH1987PLC043137	GODREJ HOUSEHOLD PRODUCTS LIMITED	Director	08/08/1994	08/08/1994	-	Amalgamated	NO
9	L24246MH2000PLC129806	GODREJ CONSUMER PRODUCTS LIMITED	Director	29/11/2000	29/11/2000	-	Active	NO
10	U15100MH1974PLC017887	GOLDMOHUR FOODS AND FEEDS LIMITED	Director	15/01/2001	15/01/2001	24/06/2008	Amalgamated	NO
11	U24240MH1997PTC105714	Hershey India Private Limited	Director	01/07/2002	01/07/2002	15/05/2007	Active	NO
12	U74999MH2003PLC139413	TRICOM INFOTECH SOLUTIONS LIMITED	Director	28/02/2003	28/02/2003	30/06/2008	Active	NO
13	U74140MH2002PTC136070	Eureka Outsourcing Solutions Private Limited	Director	17/12/2003	17/12/2003	27/12/2007	Active	NO
14	U73100KA1998PLC030671	AVESTHAGEN LIMITED	Director	20/09/2004	20/09/2004	14/11/2008	Active	NO
15	U72900MH1999PTC120346	MModal Global Services Private Limited	Director	02/01/2006	02/01/2006	11/09/2007	Active	NO
16	U15432MH1952PTC169547	NUTRINE CONFECTIONERY COMPANY Private Limited	Director	28/08/2006	28/08/2006	15/05/2007	Active	NO
17	U45201MH2006PLC164656	GODREJ GOLD COIN AQUAFEED LIMITED	Director	29/05/2007	16/11/2006	-	Amalgamated	NO
18	U74999MH2002NPL137058	POULTRY PROCESSORS' ASSOCIATION OF INDIA	Director	06/12/2006	06/12/2006	-	Active	NO
19	L64200MH1995PLC086354	TATA TELESERVICES (MAHARASHTRA) LIMITED	Director	12/08/2008	12/03/2008	-	Active	NO
20	U15122MH2006PLC163857	GODREJ OIL PALM LIMITED	Director	16/06/2008	08/05/2008	-	Amalgamated	NO
21	U15142MH1996PLC224176	CAUVERY PALM OIL LIMITED	Director	07/07/2008	08/05/2008	-	Amalgamated	NO
22	U15122MH2008PLC177741	GODREJ TYSON FOODS LIMITED	Director	06/07/2009	24/06/2008	-	Active	NO
23	L74999MH1902PLC000183	THE INDIAN HOTELS COMPANY LIMITED	Director	03/08/2009	07/11/2008	-	Active	NO
24	AAA-1483	NBG ENTERPRISE LLP	Designated Partner	02/06/2010	02/06/2010	-	Active	NO
25	AAA-1484	ABG VENTURE LLP	Designated Partner	02/06/2010	02/06/2010	-	Active	NO

Name :

Mr. Vijay Mohan Crishna

Designation :

Whole-time director

Address :

A-261, Grand parade Apts. Off August Kranti Marg, Mumbai – 400026, Maharashtra, India.

Date of Birth :

08.03.1945

Qualification :

B.A. (Economics) (Hons.)

Date of Appointment :

01.04.2011

Voter ID No.:

MT/04/024/009615

DIN No.:

00066267

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	U28993MH1932PLC001828	GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED	Whole-time director	01/04/2011	27/09/1990	-	Active	NO
2	U29299MH1992PTC064675	STATOMAT SPECIAL MACHINES (INDIA) PRIVATE LIMITED	Director	01/01/1992	01/01/1992	30/04/2009	Active	NO
3	U91110MH1992NPL068102	NAOROJI GODREJ CENTRE FOR PLANT RESEARCH	Director	10/08/1992	10/08/1992	-	Active	NO
4	U15410MH1991PLC135359	GODREJ AGROVET LIMITED	Director	24/08/1992	24/08/1992	-	Active	NO
5	L31300MH1989PLC054356	PRECISION WIRES INDIA LIMITED	Director	25/09/1992	25/09/1992	-	Active	NO
6	U29294MH1993PTC072222	ISS HICARE Private Limited	Director	31/05/1993	31/05/1993	18/06/2009	Active	NO
7	L24241MH1988PLC097781	GODREJ INDUSTRIES LIMITED	Director	03/01/1995	03/01/1995	-	Active	NO
8	U74999MH1960PLC011759	LAWKIM LIMITED	Managing director	16/08/1997	16/08/1997	-	Amalgamated	NO
9	U74140MH2002PTC136070	Eureka Outsourcing Solutions Private Limited	Managing director	30/05/2002	30/05/2002	28/07/2008	Active	NO
10	AAA-1482	SVC ENTERPRISE LLP	Designated Partner	02/06/2010	02/06/2010	-	Active	NO

Name :

Mr. Kavas Noshirwan Petigara

Designation :

Director

Address :

801, Citadel, 18-B, Ruparel Marg, Maharashtra, Mumbai – 400 006, Maharashtra, India

Date of Birth :

10.07.1948

Qualification :

B.S, S.M. (Ch.E.) (MIT, USA)

Date of Appointment :

29.09.1988

Voter ID No.:

MT/04/024/108029

DIN No.:

00066162

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	U24243MH1974PLC017488	SWADESHI DETERGENTS LIMITED	Director	29/09/1988	29/09/1988	-	Active	NO
2	U28993MH1932PLC001828	GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED	Director	29/09/1988	29/09/1988	-	Active	NO
3	U24241MH1979PLC021804	VORA SOAPS LIMITED	Director	29/12/1988	29/12/1988	-	Active	NO
4	U15410MH1991PLC135359	GODREJ AGROVET LIMITED	Director	24/08/1992	24/08/1992	-	Active	NO
5	L24241MH1988PLC097781	GODREJ INDUSTRIES LIMITED	Director	30/01/2002	30/01/2002	-	Active	NO
6	U74999MH2003PLC139413	TRICOM INFOTECH SOLUTIONS LIMITED	Director	01/09/2004	01/09/2004	30/06/2008	Active	NO

Name :

Mr. Phiroze Dinshaw Lam

Designation :

Whole-time director

Address :

21/23 Mistry Park, 77 B Desai Road, Mumbai – 400 036, Maharashtra, India

Date of Birth :

06.03.1945

Qualification :

B.A., LLB, Solicitor

Date of Appointment :

01.04.2011

Voter ID No.:

MT/04/024/240827

DIN No.:

00066218

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	U28990MH1996PLC104088	GODREJ EFACEC AUTOMATION AND ROBOTICS LIMITED	Director	22/11/1996	22/11/1996	-	Active	NO
2	U28112TN1992PLC023798	MERCURY MANUFACTURING COMPANY LIMITED	Director	01/04/1997	01/04/1997	-	Active	NO
3	U28993MH1932PLC001828	GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED	Whole-time director	01/04/2011	01/10/2003	-	Active	NO

Name :

Mr. Kyamas Ardeshir Palia

Designation :

Whole-time director

Address :

7C, Wadia Street, Tardeo, Mumbai – 400 034, Maharashtra, India

Date of Birth :

22.11.1945

Qualification :

M.Com., D.M.A., FCA, FICWA, Ph.D. (USA)

Date of Appointment :

01.04.2011

Voter ID No.:

MT/04/024/465963

DIN No.:

00281971

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	U28112TN1992PLC023798	MERCURY MANUFACTURING COMPANY LIMITED	Director	11/11/1992	11/11/1992	-	Active	NO
2	L72200MH1994PLC077342	GEOMETRIC LIMITED	Director	26/03/1994	26/03/1994	-	Active	NO
3	U28990MH1996PLC104088	GODREJ EFACEC AUTOMATION AND ROBOTICS LIMITED	Director	22/11/1996	22/11/1996	-	Active	NO
4	U32100MH1997PLC106135	GODREJ INFOTECH LIMITED	Director	01/01/1999	01/01/1999	-	Active	NO
5	U28993MH1932PLC001828	GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED	Whole-time director	01/04/2011	01/10/2003	-	Active	NO
6	U65991MH2006PTC160076	AROHAN TRUSTEE COMPANY PRIVATE LIMITED	Director	28/03/2006	28/03/2006	-	Active	NO

Name :

Mr. Pradip Panalal Shah

Designation :

Director

Address :

72-A, Embassy Apartments, 46 Napean Sea Road, Mumbai – 400 006, Maharashtra, India

Date of Birth :

07.01.1953

Qualification :

B.Com., C.A., ICWA, M.B.A. (Harvard, USA)

Date of Appointment :

10.08.2004

Voter ID No.:

JRW 1344530

DIN No.:

00066242

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	U15419GJ1982PLC005071	SHAH FOODS LIMITED	Director	18/03/1982	18/03/1982	-	Active	NO
2	L31400GJ1972PLC002091	PANASONIC ENERGY INDIA COMPANY LIMITED	Director	05/05/1992	05/05/1992	-	Active	NO
3	U74120MH1994PTC082219	INDASIA FUND ADVISORS PRIVATE LIMITED	Director	20/10/1994	20/10/1994	-	Active	NO
4	L72200MH1994PLC082110	SONATA SOFTWARE LIMITED	Director	14/07/1998	14/07/1998	-	Active	NO
5	L24231MH1950PLC008311	PFIZER LIMITED	Director	07/12/1999	07/12/1999	-	Active	NO
6	L33112MH1943FLC003972	BASF INDIA LIMITED	Director	31/01/2000	31/01/2000	-	Active	NO
7	U99999MH1986PLC062170	WARTSILA INDIA LIMITED	Director	13/12/2000	13/12/2000	29/06/2010	Active	NO
8	L63030MH1950GOI008033	SHIPPING CORPORATION OF INDIA LIMITED	Director	24/01/2003	24/01/2003	29/01/2007	Active	NO
9	U65999MH2002PLC134884	ASSET RECONSTRUCTION COMPANY (INDIA) LIMITED	Director	12/06/2003	12/06/2003	30/09/2011	Active	NO
10	L72200MH1978PLC020127	iGATE Computer Systems Limited	Director	12/11/2003	12/11/2003	12/05/2011	Active	NO
11	U28993MH1932PLC001828	GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED	Director	10/08/2004	10/08/2004	-	Active	NO
12	L18101KA2004PLC033475	GOKALDAS EXPORTS LIMITED	Director	28/01/2005	28/01/2005	21/08/2007	Active	NO
13	L65990MH1990PLC056669	VAKRANGEE SOFTWARES LIMITED	Director	03/03/2006	03/03/2006	28/11/2008	Active	NO
14	L26593MH1950PLC008163	GRINDWELL NORTON LIMITED	Director	06/03/2006	06/03/2006	-	Active	NO
15	L24202MH1920PLC000825	KANSAI NEROLAC PAINTS LIMITED	Director	30/01/2007	30/01/2007	-	Active	NO
16	U85100MH1991PLC063096	WOCKHARDT HOSPITALS LIMITED	Director	11/06/2007	15/05/2007	08/05/2009	Active	NO
17	L99999MH1937PLC002726	MUKAND LIMITED	Director	29/07/2008	27/09/2007	-	Active	NO
18	U28110AP1996PTC023794	INDO-US MIM TEC PRIVATE LIMITED	Director	29/09/2008	27/10/2007	13/12/2012	Active	NO
19	L67200MH1937PLC002622	TATA INVESTMENT CORPORATION LIMITED	Director	08/07/2009	19/06/2008	-	Active	NO
20	L29120MH1960PLC011635	K S B PUMPS LIMITED	Director	07/04/2011	21/06/2008	-	Active	NO
21	U67190MH2008PTC181421	C.C.CHOKSHI ADVISORS PRIVATE LIMITED	Director	23/09/2009	24/11/2008	06/08/2012	Active	NO
22	L85190MH1947PLC005963	WYETH LIMITED	Director	19/07/2011	31/03/2010	-	Active	NO
23	U74900MH2010PTC201683	Pangea EcoNetAssets Private Limited	Director	05/04/2010	05/04/2010	-	Active	NO
24	U17114MH2000PLC126018	REID & TAYLOR (INDIA) LIMITED	Additional director	30/07/2010	30/07/2010	10/08/2012	Active	NO
25	U74990MH2010PTC206204	UNIVERSAL TRUSTEES PRIVATE LIMITED	Director	28/07/2011	16/02/2011	-	Active	NO
26	U63090WB2011PTC165284	C.D. AVIATION (INDIA) PRIVATE LIMITED	Director	23/07/2011	23/07/2011	-	Active	NO
27	U40300GJ2012PTC072458	HELIOS GREENTECH PRIVATE LIMITED	Director	26/10/2012	26/10/2012	-	Active	NO

Name :

Mrs. Anita Ramchandran

Designation :

Director

Address :

2401-2402, ‘A’ Wing, Raheja Atlantis, Ganpatrao Kada, M Marg, Worli Naka, Mumbai-400018, Maharashtra, India

Date of Birth :

28.04.1955

Qualification :

B.Com., M.B.A.

Date of Appointment :

10.09.2007

DIN No.:

00118188

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	L72200DL1986PLC023955	HCL INFOSYSTEMS LIMITED	Director	28/08/1998	20/08/1998	-	Active	NO
2	L72200MH1994PLC077342	GEOMETRIC LIMITED	Director	27/03/2000	27/03/2000	-	Active	NO
3	U74140MH2000PTC127159	CEREBRUS CONSULTANTS PRIVATE LIMITED	Director	13/06/2000	13/06/2000	-	Active	NO
4	L34102PN1958PLC011172	FORCE MOTORS LIMITED	Director	11/09/2004	11/09/2004	-	Active	NO
5	U91990MH2005NPL151790	SWADHAAR FINACCESS	Director	03/12/2005	03/12/2005	08/11/2008	Active	NO
6	U65991MH2002GOI137867	UTI ASSET MANAGEMENT COMPANY LIMITED	Director	05/12/2006	05/12/2006	20/10/2011	Active	NO
7	U74140MH2000PTC130064	CONNEXUS CONSULTANTS PRIVATE LIMITED	Director	13/04/2007	13/04/2007	-	Strike off	NO
8	U28993MH1932PLC001828	GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED	Director	10/09/2007	28/04/2007	-	Active	NO
9	U65991KA2001PTC028827	UTI VENTURE FUNDS MANAGEMENT COMPANY PRIVATE LIMITED.	Nominee director	24/04/2008	24/04/2008	24/10/2011	Active	NO
10	U65990MH2007PTC175181	Swadhaar FinServe Private Limited	Director	20/08/2010	17/09/2008	-	Active	NO
11	U65900MH2011PTC217430	UTI CAPITAL PRIVATE LIMITED	Additional director	19/09/2011	19/09/2011	24/10/2011	Active	NO
12	L65993TN2004PLC052856	RANE (MADRAS) LIMITED	Additional director	15/10/2012	15/10/2012	-	Active	NO

Name :

Mr. Anil Kumar Verma

Designation :

Whole time Director

Address :

902-B, Fantasia, Raheja garden, LBS Road, Thane – 400 604, Maharashtra, India

Date of Birth :

22.06.1957

Qualification :

B.Tech (Elec.) PGDBM (IIM, Ahmedabad)

Date of Appointment :

01.04.2011

Voter ID No.:

ZMH3498706

DIN No.:

02366334

Name :

Mr. Navroze Jamshyd Godrej

Designation :

Director

Address :

40-D, B.G. Khar Marg, Malabar Hill, Mumbai – 400 006, Maharashtra, India

Date of Birth :

10.06.1982

Qualification :

B.A. (Mass Comm. and French)

Date of Appointment :

23.08.2010

DIN No.:

03049821

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	U28993MH1932PLC001828	GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED	Director	23/08/2010	01/05/2010	-	Active	NO
2	U73100DL2011NPL228097	Global Innovation & Technology Alliance	Nominee director	24/12/2012	08/10/2012	-	Active	NO

Name :

Mr. Keki Manchersha Elavia

Designation :

Additional director

Address :

2A, Anand Bhavan, 36^th Road, Bandra West, Mumbai-400050, Maharashtra, India

Date of Birth :

09.04.1946

Date of Appointment :

01.05.2012

Voter ID No.:

MT/08/036/0322815

DIN No.:

00003940

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	L23109GA1967PLC000076	GOA CARBON LIMITED	Director	22/12/2006	22/01/2001	-	Active	NO
2	U74140MH2001PTC131839	MAZARS BUSINESS ADVISORS PRIVATE LIMITED	Director	02/05/2001	02/05/2001	23/03/2009	Active	NO
3	L27100MH1972PLC015950	UNI-ABEX ALLOY PRODUCTS LIMITED	Director	28/05/2001	28/05/2001	-	Active	NO
4	U27200MH1977PLC019857	UNI DERITEND LIMITED	Director	12/09/2002	12/09/2002	-	Active	NO
5	U31909MH1983PLC029134	UNI KLINGER LIMITED	Director	21/02/2003	21/02/2003	02/01/2013	Active	NO
6	U51420MH1943PTC004002	BOMBAY METAL AND ALLOYS MFG COMPANY PRIVATE LIMITED	Director	19/04/2004	19/04/2004	25/05/2007	Active	NO
7	U29297PN1988PLC046977	SULZER INDIA LIMITED	Director	29/04/2004	29/04/2004	06/02/2011	Active	NO
8	U01100MH1988PLC049515	GROVER VINEYARDS LTD	Director	22/12/2005	22/12/2005	01/09/2010	Active	NO
9	L63010MH2004PLC073508	ALLCARGO LOGISTICS LIMITED	Director	29/09/2006	14/01/2006	-	Active	NO
10	L29130MH1965PLC013251	NRB BEARINGS LIMITED (FULL FLEDGED PUBLIC CO)	Director	30/01/2006	30/01/2006	-	Active	NO
11	U24239MH1992PTC069533	ZEST PHARMACEUTICALS PVT LTD	Director	18/04/2006	18/04/2006	-	Strike off	NO
12	U30006KA2006PTC040491	Solectron India Private Limited	Director	13/09/2006	13/09/2006	03/10/2007	Amalgamated	NO
13	L32109KA2006PLC040641	Solectron EMS India Limited	Additional director	03/08/2007	03/08/2007	23/01/2008	Amalgamated	NO
14	U29253MH2008PTC179766	UNI VTL Precision Private Limited	Director	05/03/2008	05/03/2008	-	Active	NO
15	U51397MH2008FTC185402	Parazelsus India Private Limited	Director	04/08/2008	04/08/2008	03/04/2012	Active	NO
16	L34102UP1988PLC010141	INSILCO LIMITED	Director	24/07/2009	02/12/2008	-	Active	NO
17	U65990WB2009PLC134536	PEERLESS TRUST MANAGEMENT CO LIMITED	Director	09/04/2009	09/04/2009	-	Active	NO
18	L11200MH2005PLC154793	GOL OFFSHORE LIMITED	Director appointed in casual vacancy	15/09/2009	15/09/2009	09/11/2011	Active	NO
19	L24100MH1960PLC011681	DAI-ICHI KARKARIA LIMITED	Director	21/07/2011	22/02/2011	-	Active	NO
20	U73100MH2011NPL220003	RAPTOR RESEARCH AND CONSERVATION FOUNDATION	Director	21/07/2011	21/07/2011	-	Active	NO
21	U28993MH1932PLC001828	GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED	Director	27/09/2012	01/05/2012	-	Active	NO
22	L26593MH1950PLC008163	GRINDWELL NORTON LIMITED	Additional director	26/07/2012	26/07/2012	-	Active	NO
23	L99999MH1995PLC089008	DEVELOPMENT CREDIT BANK LIMITED	Additional director	12/10/2012	12/10/2012	-	Active	NO
24	U31200KA2009PLC049167	BUSBAR SYSTEMS (INDIA) LIMITED	Additional director	31/01/2013	31/01/2013	-	Active	NO

KEY EXECUTIVES

Name :	Percy Erach Fouzdar
Designation :	Secretary
Address :	B-13, Godrej Baug, Off Napeansea Road, Mumbai-400026, Maharashtra, India
Date of Birth/Age :	17.06.1956
Date of Appointment :	22.11.1994
PAN No.:	AAAPF2250R

MAJOR SHAREHOLDERS

As on 27.09.2012

Note: SHAREHOLDING DETAILS FILE ATTACHED

Equity Share Break up (Percentage of Total Equity)

As on 27.09.2012

Category	Percentage
Bodies corporate	26.77
Directors or relatives of Directors	49.47
Other top fifty shareholders	23.76
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturing and Marketing of Consumer Durables, Office Equipments and Industrial Products.

Products :

Item Code No.	Product Description
9999	Consumer Durables, Industrial Products and Others

PRODUCTION STATUS [AS ON 31.03.2011]

PARTICULARS	Unit	Installed Capacity	Actual production
Steel Furniture	Tonnes	60000	49476
Security Equipment	Tonnes	21000	14353
Typewriters	Nos.	40000	--
Locks	Nos.	4740000	1199377
Home Appliances	Nos.	2100000	1396395
Furniture and Fixtures [primarily of metal]	Nos.	1050000	248719
Press Tools, Jigs, Fixtures, Gauges, Dies, Cutting Tools, etc.	Rs. ‘000	1000000	1508920
Process Plant and Equipment	Rs. ‘000	4000000	3579752
Forklift Trucks	Nos.	2400	2234
Electric Motors	Nos.	1520000	73950
Ready Mix Concrete	M3	334500	219412

NOTES:

1. Installed Capacity is as certified by the Management and accepted by the Auditors.

2. Unless otherwise stated, actual production is inclusive of quantities used internally.

3. For Electric Motors (item 10 above), Actual Production does not include production of motor parts/components and production on job work basis.

4. The production of Typewriters has been discontinued since October 2009.

5. The production of Furniture and Fixtures (primarily of metal) in a new industrial undertaking set up by the Company, commenced from 17th November 2009.

6. Figures in brackets pertain to the previous year.

GENERAL INFORMATION

Customers :

Wholesalers and Retailers

No. of Employees :

10000 (Approximately)

Bankers :

• Housing Development Finance Corporation Limited, Ramon House, 169,Backbay Reclamation, H T Parekh Marg, Mumbai - 400020, Maharashtra, India
• Export-Import Bank of India, Centre One Building, Floor 21, World Trade Centre Complex, Cuffe parade, Mumbai – 400 005, Maharashtra, India

Tel No.: 91-22-22181826

Facilities :

Secured Loan	31.03.2012 (Rs. in Millions)	31.03.2011 (Rs. in Millions)
Term loans from banks	164.900	529.900
Term loans from others	15.000	0.000
Working capital loans from banks	3513.404	6152.830
Total	3693.304	6682.730

Banking Relations :	--
Auditors :
Name :	Kalyaniwala and Mistry Chartered Accountants
Address :	Maneckji Wadia Building, 127, Mahatma Gandhi Road, Mumbai – 400 023, Maharashtra, India
Address :	AAAFK7554R
Direct Subsidiaries (with the Company’s direct equity holdings in excess of 50%):	Godrej Industries Limited Wadala Commodities Limited Godrej Infotech Limited Godrej (Malaysia) Sdn. Bhd. (incorporated in Malaysia) Godrej (Singapore) Pte. Limited (incorporated in Singapore) Veromatic International BV (incorporated in the Netherlands)
Step-down subsidiaries (where the Company’s subsidiaries listed in A above, hold more than 50% of the equity share capital):	Subsidiary of Godrej (Malaysia) Sdn. Bhd.: GandB Enterprises (Mauritius) Private Limited (incorporated in Mauritius) Subsidiary and sub-subsidiary of Godrej (Singapore) Pte. Limited (GSPL): Subsidiary of GSPL: J. T. Dragon Pte. Limited (JTDPL) (incorporated in Singapore) Subsidiary of JTDPL Godrej (Vietnam) Co. Limited (incorporated in Vietnam) Subsidiaries of Veromatic International BV: Veromatic Services BV (incorporated in the Netherlands) Water Wonder Benelux BV (incorporated in the Netherlands) Subsidiaries and Sub-subsidiaries of Godrej Industries Limited (GIL) : Subsidiaries of GIL : Natures Basket Limited Ensemble Holdings and Finance Limited (Godrej International Limited (incorporated in the Isle of Man) Godrej Agrovet Limited (GAVL) Godrej Properties Limited (GPL) Godrej International Trading and Investments Pte. Limited (incorporated in Singapore) (a subsidiary of GIL w.e.f. 1st August, 2011) Subsidiaries of GAVL : Golden Feed Products Limited (Godrej Seeds and Genetics Limited (a subsidiary w.e.f 6th June, 2011) Subsidiaries of GPL : Godrej Realty Private Limited Godrej Waterside Properties Private Limited Godrej Developers Private Limited GodrejReal Estate Private Limited Godrej Sea View Properties Private Limited Godrej Estate Developers Private Limited Happy Highrises Limited Godrej Buildwell Private Limited Godrej Buildcon Private Limited Godrej Projects Development Private Limited (GPDPL) Godrej Landmark Redevelopers Private Limited (a subsidiary of GPDPL w.e.f. 14th March, 2012) Godrej Premium Builders Private Limited Godrej Garden City Properties Private Limited Godrej Nandhi Hills Project Private Limited (formerly, Udhay GK Realty Private Limited) With effect from 1st April, 2011, Godrej Oil Palm Limited, Cauvery Palm Oil Limited and Godrej Gokarna Oil Palm Limited merged with Godrej Agrovet Limited
Joint Venture Company:	Godrej Efacec Automation and Robotics Limited
Other Associates:	Godrej and Khimji (Middle East) LLC (incorporated in Oman) LVD Godrej Infotech NV (incorporated in Belgium) ABG Venture LLP NBG Enterprise LLP SVC Enterprise LLP Godrej Vikhroli Properties LLP Godrej Buildcorp LLP Godrej Property Developers LLP

CAPITAL STRUCTURE

As on 31.03.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
1100000	Equity Shares	Rs.100/- each	Rs. 110.000 Millions
900000	Cumulative Redeemable Preference Shares	Rs 100/- each	Rs. 90.000 Millions
	Total		Rs. 200.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
662910	Equity Shares	Rs.100/- each	Rs. 66.291 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		66.291	66.291	66.291
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		23162.820	14776.334	11735.435
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		23229.111	14842.625	11801.726
LOAN FUNDS
1] Secured Loans		3693.304	6682.730	2496.000
2] Unsecured Loans		3511.243	2436.476	2227.940
TOTAL BORROWING		7204.547	9119.206	4723.940
DEFERRED TAX LIABILITIES		423.881	432.581	517.981
TOTAL		30857.539	24394.412	17043.647
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		11226.485	8480.693	5542.948
Capital work-in-progress		929.628	1476.679	2470.410
INVESTMENT		4611.960	4713.078	4575.577
DEFERRED TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	10660.036	12258.944	9059.687
	Sundry Debtors	13334.015	12389.959	8384.506
	Cash & Bank Balances	336.261	60.015	490.603
	Other Current Assets	9237.816	1307.020	0.000
	Loans & Advances	3464.989	2636.653	2108.648
Total Current Assets		37033.117	28652.591	20043.444
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	9960.540	8618.458	8137.674
	Other Current Liabilities	11260.301	8944.764	6206.843
	Provisions	1722.810	1365.407	1244.215
Total Current Liabilities		22943.651	18928.629	15588.732
Net Current Assets		14089.466	9723.962	4454.712
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		30857.539	24394.412	17043.647

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011	31.03.2010
	SALES
		Income	62145.328	55337.288	43621.790
		Other Income	968.508	889.078	1124.024
		TOTAL (A)	63113.836	56226.366	44745.814
Less	EXPENSES
		Cost of materials consumed	22898.160	21638.783	39006.749
		Purchases of stock-in-trade	14617.681	14996.151
		Employee benefit expense	7518.906	6308.607
		Other expenses	10861.615	9467.067
		Changes in inventories of finished goods, work-in-progress and stock-in-trade	2240.430	(2327.468)
		Exceptional Items	(7559.992)	(14.484)
		TOTAL (B)	50576.800	50068.656	39006.749
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		12537.036	6157.710	5739.065
Less	FINANCIAL EXPENSES (D)		1059.231	655.330	525.657
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		11477.805	5502.380	5213.408
Less/ Add	DEPRECIATION/ AMORTISATION (F)		675.415	581.902	536.602
	PROFIT BEFORE TAX (E-F) (G)		10802.390	4920.478	4676.806
Less	TAX (H)		1255.330	930.725	1314.267
	PROFIT AFTER TAX (G-H) (I)		9547.060	3989.753	3362.539
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		10198.211	7557.312	5193.010
Less	APPROPRIATIONS
		Transfer to General Reserve	3085.156	473.263	340.000
		Dividend		795.492	596.619
		Tax on Dividend		80.099	61.618
	BALANCE CARRIED TO THE B/S		3085.156	10198.211	7557.312
	EARNINGS IN FOREIGN CURRENCY
		FOB Value of Export	2991.554	4257.555	3741.509
		Dividend	0.903	2.637	2.198
		Royalty	0.000	0.000	3.356
		Others	92.699	203.325	78.780
	TOTAL EARNINGS		3085.156	4463.517	3825.843
	IMPORTS
		Raw Materials	3223.630	3019.755	2416.418
		Stores & Spares	68.892	70.824	40.086
		Capital Goods	584.283	943.267	218.876
		Others	4009.953	4814.465	2858.659
	TOTAL IMPORTS		7886.758	8848.311	5534.039
	Earnings Per Share (Rs.)		14402.00	6019.00	5072.00

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	15.13	7.10	7.51
Net Profit Margin (PBT/Sales)	(%)	17.38	8.89	10.72
Return on Total Assets (PBT/Total Assets}	(%)	22.38	13.25	18.28
Return on Investment (ROI) (PBT/Networth)		0.47	0.33	0.40
Debt Equity Ratio (Total Debt/Networth)		0.31	0.61	0.40
Current Ratio (Current Asset/Current Liability)		1.61	1.51	1.29

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	No
10]	Designation of contact person	No
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	No
20]	Export / Import details (if applicable)	No
21]	Market information	-----
22]	Litigations that the firm / promoter involved in	Yes
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	Yes
34]	External Agency Rating, if available	Yes

LITIGATION DETAILS:

HIGH COURT OF BOMBAY

Bench:- Bombay

Stamp No.: CAFST/24979/2012 Filing Date: 07.09.2012 Reg. No.:- CAF/3234/2012 Reg. Date:- 18/09/2012

MAIN MATTER

Stamp No.: FAST/24978/2012 Reg. No.:- FA/1424/2012 Reg. Date:- 18/09/2012

Petitioner: - HOTEL OBEROI TOWERS NOW KNOWN AS TR

RESPONDENT:- M/S. GODREJ AND BOYCE MANUFACTURING COMPANY PRIVATE LIMITED

RESP.ADV:- P.M.PALSHIKAR FOR RESPONDENT

Petn. Adv.:- R.R. GEHANI

District:- MUMBAI

Bench:- Single

Status:- Pre-Admission

Next Date:- 25/04/2013

CATEGORY:- FOR STAY

Stage:- FOR ADMISSION – FRESH [CIVIL SIDE MATERS]

Last Coram:- HON’BLE SHRI JUSTICE A.H. JOSHI

Act:- Employees State Insurance Act, 1948

BANKERS CHARGES REPORT AS PER REGISTRY

Corporate identity number of the company	U28993MH1932PLC001828
Name of the company	GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED
Address of the registered office or of the principal place of business in India of the company	Pirojsha nagar, Vikhroli Mumbai – 400079, Maharashtra, India Email: info@godrej.com
This form is for	Modification of charge
Charge identification (ID) number of the charge to be modified	10123585
Type of charge	Immovable property
Particular of charge holder	Export-Import Bank of India, Centre One Building, Floor 21, World Trade Centre Complex, Cuffe parade, Mumbai – 400 005, Maharashtra, India Email: eximwrro@eximbankindia.in
Nature of instrument creating charge	Letter of Confirmation dated September 25, 2012 executed by Godrej and Boyce Manufacturing Company Limited ("the Borrower") in favour of Export-Import Bank of India ("Exim Bank") accepting the renewal of working capital limit of Rs. 6800.000 Millions for a further period of one year and further confirming that the security created by Borrower shall continue in favour of EXIM Bank for the renewed period.
Date of instrument Creating the charge	25.09.2012
Amount secured by the charge	Rs. 6800.000 millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of Interest With respect to Rupee disbursements @11% p.a., payable with monthly rests; with respect to Dollar disbursements or in other currencies: to be ascertained at the time of making disbursements Terms of Repayment 1) Each disbursement relating to pre-shipment credit shall be repaid by the Borrower within 360 days from the date of such disbursement or out of export proceeds or disbursement under st shipment credit whichever is earlier. 2) Each disbursement relating to post-shipment credit shall be repaid by the Borrower within 180 days from the date of such disbursement or out of export proceeds whichever is earlier. Margin NIL Extent and Operation of the charge The charge created under the Mortgage dated 29th September 2008 in favour of Exim Bank for the fund based facility and non fund based facility (the facilities) for the due repayment of the facilities aggregating Rs.6800.000 Millions together with interest and all other monies payable by the Borrower to Exim Bank under the Facilities Agreement dated 6th August 2008, shall be valid, subsisting and continuing as first charge in favour of EXIM Bank.
Short particulars of the property or asset(s) charged (including complete address and location of the property)	All those pieces and parcels of leasehold land at Vikhroli i.e. Plant No. 3 (admeasuring 33,220.48 sq.mt.), Survey No. 35(pt), CTS No.31/7 together with all buildings and structures thereon. All those pieces and parcels of leasehold land at Vikhroli i.e. Plant No. 5 (admeasuring 35,817.20 sq.mt.), Survey No. 35(pt), CTS No. 31 (pt), together with all buildings and structures thereon. All those pieces and parcels of leasehold land at Vikhroli i.e. Plant No. 8 (admeasuring 8,471 sq.mt.), Survey No. 35(pt), CTS No.31/2 together with all buildings and structures thereon. All those pieces and parcels of leasehold land at Vikhroli i.e. Plant No. 12 (admeasuring 23,382 sq.mt.), Survey No.56 (pt), 57(pt), CTS No. 7(pt), together with all buildings and structures thereon.
Date of instrument modifying the charge	25.06.2011
Particulars of the present modification	Charge created vide mortgage dt 29.09.2008 for fund based and non-fund based facilities aggregating Rs.6800.000 Millions shall continue to secure the renewed facilities for a further period of one year as mentioned in the Letter of Confirmation dated 25th September 2012.

CONTINGENT LIABILITIES (As on 31.03.2012)

CONTINGENT LIABILITIES NOT PROVIDED FOR

(a) Guarantees given by the Company’s Bankers against counter-guarantees given by the Company Rs. 7532.881 millions

(b) Guarantees given by the Company’s Bankers on behalf of subsidiary/associate companies against counter-guarantees given by the Company: Rs. 183.105 millions

(c) Guarantees given by Export-Import Bank of India, against the security of first equitable mortgage of specified immovable properties situated at Vikhroli, Mumbai: Rs. 524.224 millions

(d) Excise Duty/Service Tax/Sales Tax demands in dispute and pending at various stages of appeal: Rs. 510.459 millions

(e) The State of Maharashtra has filed a suit against the Company, being Suit No. 679 of 1973, in the High Court of Judicature at Bombay, claiming ownership of part of the Company’s lands at Vikhroli, Mumbai. In the said Suit, which is still pending, various claims have been raised, which are undetermined and not acknowledged as debts due by the Company. According to the Company’s legal advisers, the Company has a complete defence against the plaintiff in the said Suit, and the said Suit is not sustainable.

(f) Claims against the Company under the Industrial Disputes Act, 1947 - amount indeterminate.

(g) Disputed Provident Fund liability for the period March 1996 to September 1997 arising on account of disapproval of infancy benefit: Rs. 3.156 millions. The Supreme Court of India has allowed the Company’s appeal and set aside the judgment of the High Court of Punjab and Haryana; the matter has been remanded to the Regional Provident Fund Commissioner for a fresh decision in accordance with law after hearing the parties concerned, expeditiously.

(h) Other Claims against the Company not acknowledged as debt: Rs. 123.800 millions

UNSECURED LOAN

Particulars	31.03.2012 (Rs. in Millions)	31.03.2011 (Rs. in Millions)
Deferred payment liabilities	599.062	634.358
Deposits from others	1310.330	1164.467
Working capital loans from banks	340.051	634.351
Deposits from shareholders	1258.500	0.000
Deposits from others	3.300	3.300
Total	3511.243	2436.476

Fixed Assets:

· Freehold Land

· Leasehold Land

· Freehold Buildings

· Leasehold Buildings

· Staff and Workmen Quarters

· Machinery

· Vehicles

· Furniture and Fixtures

· Other Equipments

AS PER WEBSITE DETAILS:

PRESS RELEASES:

IKEA ENTRY SPURS GODREJ INTERIO TALKS WITH ITALIAN, INDIAN COMPANIES

New Delhi March 23, 2013

At a time when Swedish furniture major IKEA is entering the Indian market, homegrown furniture maker Godrej Interio is actively seeking acquisitions in India and Italy. The company expects to announce at least one deal next quarter.

The subsidiary of Godrej and Boyce Manufacturing Company Limited is in talks with two companies in Italy that specialise in design and technology, with estimated revenue of Rs 2000.000 Millions each, for possible buyout, said Chief Operations Officer Anil Mathur.

“We are also negotiating with two companies in India, one based in the northern region and the other in the south. These are small companies with turnover not exceeding Rs 1000.000 Millions,” he said.

The company is looking for acquisitions in India to boost manufacturing capacity in the northern and southern regions of the country, where it does not have a strong presence. “Acquisition of an Italian design or technology firm will help the company is expanding product offerings, which in turn will boost our consumer business,” he added. Mathur said the company had room to fund acquisitions on its own and could avail of funds from the parent company if required.

Godrej Interio plans to increase sales to Rs 50000.000 Millions by 2016-17, a growth of a little over 20 per cent year-on-year. The present turnover is Rs 15000.000 Millions. Mathur says the company will spend about Rs 1200.000 Millions in raising capacity at different factories over the next two years. About Rs 250.000 Millions will be spent on retail expansion in this period.

Godrej Interio currently gets about 75 per cent of revenue from institutional sales and the remaining amount from retail consumer sales. The latter share is expected grow up to 40 per cent in the next five years, said Mathur.

As part of plans to boost the consumer business, Godrej Interio is planning to double its retail space from about 500,000 sq ft to a little more than 1,000,000 sq ft in the next one year. It aims to open about 60 exclusive retail outlets during 2013, mainly in tier-II, tier-III and tier-IV towns. In 2012, it opened 50 such retail points across the country.

The company recently entered into a marketing tie-up with Korea’s Sejin for marine accommodation solutions, Japan’s Itoki and the US-based Knoll Inc for office furniture. It also has an agreement with Netherlands-based LINET Group for hospital and nursing home furniture.

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 records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

4] Record on Financial Crime : Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

6] Records on Int’l Anti-Money Laundering Laws/Standards :

Charges or investigation registered against subject: None

7] Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

8] Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

9] Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

CONTRAVENTION

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.56.50
UK Pound	1	Rs.86.01
Euro	1	Rs.73.68

INFORMATION DETAILS

Report Prepared by :

RAJ

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	7
PAID-UP CAPITAL	1~10	7
OPERATING SCALE	1~10	7
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	8
--PROFITABILIRY	1~10	8
--LIQUIDITY	1~10	8
--LEVERAGE	1~10	7
--RESERVES	1~10	8
--CREDIT LINES	1~10	7
--MARGINS	-5~5	-
DEMERIT POINTS
--BANK CHARGES	YES/NO	Yes
--LITIGATION	YES/NO	YES
--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		67

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.