MIRA INFORM REPORT

Report Date :

06.06.2013

IDENTIFICATION DETAILS

Name :	ACG PAM PHARMA TECHNOLOGIES PRIVATE LIMITED (w.e.f. 23.06.2010)
Formerly Known As :	PAM PHARMACEUTICAL AND ALLIED MACHINERY COMPANY PRIVATE LIMITED
Registered Office :	127, Kandivali Industrial Estate, Kandivali (West), Mumbai – 400067, Maharashtra
Country :	India
Financials (as on) :	31.03.2012 (Summarised Figures)
Date of Incorporation :	21.02.1972
Com. Reg. No.:	11-015632
Capital Investment / Paid-up Capital :	Rs.2.481 Millions
CIN No.: [Company Identification No.]	U24239MH1972PTC015632
TAN No.: [Tax Deduction & Collection Account No.]	MUMP15335F
PAN No.: [Permanent Account No.]	AAACP4776H
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer of Pharmaceuticals Machinery and their Components.
No. of Employees :	500 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

A (64)

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 6520000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is a well established, and a reputed company having fine track record. Financial position of the company appears to be sound. Fundamentals are strong and healthy. Business is active. Payments are reported to be regular and as per commitments. The company can be considered good for normal 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

RBI DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2012.

INFORMATION PARTED BY

Name :	Ms. Uadana Nayak
Designation :	Deputy General Manager
Contact No.:	91-22-30780722
Date :	06.06.2013

LOCATIONS

Registered Office/ Factory 1 :	127, Kandivali Industrial Estate, Kandivali (West), Mumbai – 400067, Maharashtra, India
Tel. No.:	91-22-30780700 / 28682650 / 30780722 / 30780701 / 02
Mobile No.:	91-9004609943 (Mr. Harshad)
Fax No.:	91-22-30780709 / 30780711/ 28683091
E-Mail :	vadana.nayak@acg-world.com nitin.salvi@acg-world.com sales.pam@acg-world.com info@acg-world.com
Website :	http://www.acg-world.com
Area :	28000 Sq. ft.
Location :	Owned
Corporate Headquarters :	Dalamal House, Nariman Point, Mumbai - 400021, Maharashtra, India
Tel. No.:	91-22-30089444 / 45
Fax No.:	91-22-22872560
Factory 2 :	100, Kandivali Industrial Estate, Charkop, Kandivali (West), Mumbai – 400067, Maharashtra, India
Location :	Owned
Factory 3 :	66, Kandivali Industrial Estate, Kandivali (West), Mumbai – 400067, Maharashtra, India
Location :	Owned

IRECTORS

AS ON 11.09.2012

Name :

Mr. Jasjit Daljit Singh

Designation :

Director

Address :

A-1, Brighton No.1, Rungta Lane, Nepeansea Road, Mumbai – 400026, Maharashtra, India

Date of Birth/Age :

03.04.1943

Date of Appointment :

02.12.1972

DIN No.:

00901470

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	U29100MH1972PTC016053	ACG AJAS COMPONENTS PRIVATE LIMITED	Managing director	01/11/2012	07/10/1972	-	Active	NO
2	U24239MH1972PTC015632	ACG PAM PHARMA TECHNOLOGIES PRIVATE LIMITED	Director	02/12/1972	02/12/1972	-	Active	NO
3	U01110MH1971GAP015467	SCI-TECH CENTRE	Director	12/07/1976	12/07/1976	-	Active	NO
4	U73100MH1981ULT023930	EMELL AUDHOWAGIK SAMSHODHAN NIGAM PRIVATE LIMITED	Director	28/02/1981	28/02/1981	-	Strike off	NO
5	U74120MH1983NPL031696	AJAS AGROVET FOUNDATION	Director	29/12/1983	29/12/1983	-	Active	NO
6	U27299MH1987PTC044041	ACG PAMPAC MACHINES PRIVATE LIMITED	Director	09/07/1987	09/07/1987	-	Active	NO
7	U24235MH1988PTC048924	CUSTOM CAPSULES PRIVATE LIMITED	Director	23/09/1988	23/09/1988	-	Active	NO
8	U29251MH1996PTC104558	PAM-GLATT PHARMA TECHNOLOGIES PRIVATE LIMITED	Director	17/12/1996	17/12/1996	-	Active	NO
9	U24239MH1983PTC031336	ACG ARTS AND PROPERTIES PRIVATE LIMITED	Director	01/10/1998	01/10/1998	-	Active	NO
10	U28129MH2003PTC139916	PACKSHIELD INDIA PRIVATE LIMITED	Director	07/04/2003	07/04/2003	-	Active	NO
11	U45200MH2004PTC149770	ACG PHARMAPACK PRIVATE LIMITED	Managing director	01/11/2012	01/12/2004	-	Active	NO
12	U45200MH1994PTC077466	ACG REAL ESTATE PRIVATE LIMITED	Director	11/03/2005	11/03/2005	-	Active	NO
13	U24239MH1961PTC012061	ACG ASSOCIATED CAPSULES PRIVATE LIMITED	Managing director	01/04/2005	01/04/2005	-	Active	NO
14	U72200GJ2008PTC055122	VIZTEK TECHNOLOGIES PRIVATE LIMITED	Director	26/09/2008	26/09/2008	21/07/2009	Active	NO
15	U29219MH2009PTC190634	PAM INDTECH MACHINES PRIVATE LIMITED	Director	25/03/2009	25/03/2009	-	Active	NO
16	U72300MH2009PTC192362	ACG INSPECTION SYSTEMS PRIVATE LIMITED	Director	22/06/2009	22/06/2009	-	Active	NO
17	U29268MH2009PTC196714	ACG KORSCH COMPRESSION TECHNOLOGIES PRIVATE LIMITED	Director	28/10/2009	28/10/2009	-	Strike off	NO
18	U70109MH2010PTC199305	EVITA ESTATES PRIVATE LIMITED	Director	12/04/2010	12/04/2010	-	Active	NO
19	U70102MH2010PTC198368	ORIND ESTATES PRIVATE LIMITED	Director	12/04/2010	12/04/2010	-	Active	NO
20	U51909MH2010PTC201509	ADHIKAR TRADING PRIVATE LIMITED	Director	12/05/2010	12/05/2010	-	Active	NO
21	U51909MH2010PTC202502	JEET MERCANTILE PRIVATE LIMITED	Director	14/05/2010	14/05/2010	-	Active	NO
22	U74210MH2010PTC204129	ACG METALCRAFTS PRIVATE LIMITED	Director	26/07/2010	26/07/2010	-	Active	NO
23	U91990MH2010NPL211312	W P ORGANISATION (MUMBAI CHAPTER)	Director	23/12/2010	23/12/2010	10/01/2011	Active	NO
24	AAA-1357	ACG VALUE LINKS LLP	Body corporate as Designated Partner	18/05/2010	18/05/2010	-	Active	NO

Name :

Mr. Ajit Daljit Singh

Designation :

Whole Time Director

Address :

2B Swapnalok L Jagmohandas Marg, Nepeansea Road, Mumbai – 400036, Maharashtra, India

Date of Birth/Age :

20.01.1941

Date of Appointment :

17.10.2012

DIN No.:

00915347

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	U29100MH1972PTC016053	ACG AJAS COMPONENTS PRIVATE LIMITED	Director	17/10/2012	07/10/1972	-	Active	NO
2	U01110MH1971GAP015467	SCI-TECH CENTRE	Director	15/03/1974	15/03/1974	-	Active	NO
3	U73100MH1981ULT023930	EMELL AUDHOWAGIK SAMSHODHAN NIGAM PRIVATE LIMITED	Director	28/02/1981	28/02/1981	-	Strike off	NO
4	U24235MH1988PTC048924	CUSTOM CAPSULES PRIVATE LIMITED	Director	23/09/1988	23/09/1988	-	Active	NO
5	U27299MH1987PTC044041	ACG PAMPAC MACHINES PRIVATE LIMITED	Director	17/10/2012	01/11/1988	-	Active	NO
6	U24239MH1972PTC015632	ACG PAM PHARMA TECHNOLOGIES PRIVATE LIMITED	Director	17/10/2012	01/11/1988	-	Active	NO
7	U74120MH1983NPL031696	AJAS AGROVET FOUNDATION	Director	01/04/1994	01/04/1994	-	Active	NO
8	U29251MH1996PTC104558	PAM-GLATT PHARMA TECHNOLOGIES PRIVATE LIMITED	Director	17/12/1996	17/12/1996	-	Active	NO
9	U24239MH1983PTC031336	ACG ARTS AND PROPERTIES PRIVATE LIMITED	Director	28/09/1999	28/09/1999	-	Active	NO
10	U28129MH2003PTC139916	PACKSHIELD INDIA PRIVATE LIMITED	Director	07/04/2003	07/04/2003	-	Active	NO
11	U45200MH2004PTC149770	ACG PHARMAPACK PRIVATE LIMITED	Director	17/10/2012	01/12/2004	-	Active	NO
12	U45200MH1994PTC077466	ACG REAL ESTATE PRIVATE LIMITED	Director	11/03/2005	11/03/2005	-	Active	NO
13	U24239MH1961PTC012061	ACG ASSOCIATED CAPSULES PRIVATE LIMITED	Whole-time director	01/04/2005	01/04/2005	-	Active	NO
14	U91120MH1965GAP013389	ORGANISATION OF PHARMACEUTICAL PRODUCERS OF INDIA	Director	23/09/2006	23/09/2006	31/03/2013	Active	NO
15	U72200GJ2008PTC055122	VIZTEK TECHNOLOGIES PRIVATE LIMITED	Director	26/09/2008	26/09/2008	21/07/2009	Active	NO
16	U29219MH2009PTC190634	PAM INDTECH MACHINES PRIVATE LIMITED	Director	25/03/2009	25/03/2009	-	Active	NO
17	U72300MH2009PTC192362	ACG INSPECTION SYSTEMS PRIVATE LIMITED	Director	01/11/2012	22/06/2009	-	Active	NO
18	U74999MH2008NPL185159	INTERNATIONAL WINE AND FOOD SOCIETY	Director	01/08/2009	01/08/2009	-	Active	NO
19	U29268MH2009PTC196714	ACG KORSCH COMPRESSION TECHNOLOGIES PRIVATE LIMITED	Director	28/10/2009	28/10/2009	-	Strike off	NO
20	U70109MH2010PTC199305	EVITA ESTATES PRIVATE LIMITED	Director	12/04/2010	12/04/2010	-	Active	NO
21	U70102MH2010PTC198368	ORIND ESTATES PRIVATE LIMITED	Director	12/04/2010	12/04/2010	-	Active	NO
22	U51909MH2010PTC201509	ADHIKAR TRADING PRIVATE LIMITED	Director	12/05/2010	12/05/2010	-	Active	NO
23	U51909MH2010PTC202502	JEET MERCANTILE PRIVATE LIMITED	Director	14/05/2010	14/05/2010	-	Active	NO
24	U74210MH2010PTC204129	ACG METALCRAFTS PRIVATE LIMITED	Director	26/07/2010	26/07/2010	-	Active	NO
25	AAA-1357	ACG VALUE LINKS LLP	Body corporate as Designated Partner	18/05/2010	18/05/2010	-	Active	NO

Name :

Mr. Karan Jasjit Singh

Designation :

Managing Director

Address :

4^th Floor, 42 Tower B Jolly Maker A, Cuffe Parade, Mumbai – 400005, Maharashtra, India

Date of Birth/Age :

23.07.1979

Date of Appointment :

01.11.2012

DIN No.:

00901342

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	U01110MH1971GAP015467	SCI-TECH CENTRE	Director	01/01/2005	01/01/2005	-	Active	NO
2	U24239MH1961PTC012061	ACG ASSOCIATED CAPSULES PRIVATE LIMITED	Director	01/04/2005	01/04/2005	-	Active	NO
3	U27299MH1987PTC044041	ACG PAMPAC MACHINES PRIVATE LIMITED	Managing director	01/11/2012	25/11/2005	-	Active	NO
4	U24239MH1972PTC015632	ACG PAM PHARMA TECHNOLOGIES PRIVATE LIMITED	Managing director	01/11/2012	25/11/2005	-	Active	NO
5	U45402PN1992PLC065521	M-TECH INNOVATIONS LIMITED	Nominee director	24/09/2007	24/09/2007	-	Active	NO
6	U72300MH2009PTC192362	ACG INSPECTION SYSTEMS PRIVATE LIMITED	Managing director	01/11/2012	30/07/2009	-	Active	NO
7	U45200MH2004PTC149770	ACG PHARMAPACK PRIVATE LIMITED	Additional director	01/11/2012	01/11/2012	-	Active	NO
8	U29100MH1972PTC016053	ACG AJAS COMPONENTS PRIVATE LIMITED	Director	01/11/2012	01/11/2012	-	Active	NO
9	U29251MH1996PTC104558	PAM-GLATT PHARMA TECHNOLOGIES PRIVATE LIMITED	Additional director	01/04/2013	01/04/2013	-	Active	NO

Name :

Mr. Jagmohanlal Chamanlal Chopra

Designation :

Additional Director

Address :

2B Swapnalok L Jagmohandas Marg, Nepeansea Road, Mumbai – 400036, Maharashtra, India

Date of Birth/Age :

17.11.1933

Date of Appointment :

29.09.2006

PAN No.:

AEUPC4881P

DIN No.:

00901556

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	U24239MH1972PTC015632	ACG PAM PHARMA TECHNOLOGIES PRIVATE LIMITED	Director	29/09/2006	29/09/2006	-	Active	NO
2	U24239MH1961PTC012061	ACG ASSOCIATED CAPSULES PRIVATE LIMITED	Additional director	01/10/2006	01/10/2006	-	Active	NO
3	U74140MH2010PTC203113	AE ADVISORS PRIVATE LIMITED	Director	13/05/2010	13/05/2010	-	Active	NO
4	U74140MH2010PTC203111	EH ADVISORS AND CONSULTANTS PRIVATE LIMITED	Director	13/05/2010	13/05/2010	-	Active	NO
5	U29251MH1996PTC104558	PAM-GLATT PHARMA TECHNOLOGIES PRIVATE LIMITED	Director	15/09/2010	20/07/2010	-	Active	NO

KEY EXECUTIVES

Name :	Ms. Uadana Nayak
Designation :	Deputy General Manager

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 11.09.2012

Names of Shareholders	No. of Shares
Ajit Daljit Singh	4401
Jasjit Daljit Singh	1102
Nandini Jasjit Singh	1100
Karan Jasjit Singh	1100
Priya Jasjit Singh	1100
Jeet Mercantile Private Limited, India	16002
TOTAL	24805

AS ON 11.09.2012

Equity Share Breakup	Percentage of Holding
Category
Bodies corporate	64.51
Directors or relatives of directors	35.49
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer of Pharmaceuticals Machinery and their Components.

Products :

Products Description	Item Code No.
Capsule Filling Machineries of various Types and Models	84223000
Tablet Compression Machine of Various Types and Models	84798970
Dies and Punches of Various Shapes and sizes for Making Tablets	82079090
Other Than Capsule Filling Machine of various Types and Models	84792090
Packing and Wrapping Machine of Various Types and Models	84224000
Empty Capsule Sorter Machine of Various Types and Models	84282020
Check Weigher Machine of Various Types and Models	84232000
Capsule Loading Machine of Various Types and Models	84283900

PRODUCTION STATUS (AS ON 31.03.2011)

Particulars	Unit	Installed Capacity	Actual Production
Pharmaceuticals Machines and Other Machines	Nos.	2000	--
Accessories and Spares	Tons.	100	--
Dies and Punches	Sets	70000	85044
Machines	Nos.	--	1290

GENERAL INFORMATION

No. of Employees :

500 (Approximately)

Bankers :

· The Hong Kong and Shanghai Banking Corporation Limited,

52/60, Mahatma Gandhi Road, Fort, Mumbai – 400 001, Maharashtra, India

· State Bank of India,

Kandivli Industrial Estate Branch, Near Hindustan Naka, Kandivli (West), Mumbai – 400067, Maharashtra, India

· Standard Chartered Bank

Kandivli (West), Mumbai – 400067, Maharashtra, India

· Standard Chartered Bank

90, M. G. Road, Fort, Mumbai – 400001, Maharashtra, India

Facilities :

Secured Loans	31.03.2011
	(Rs. In Millions)
Working capital loans banks secured	0.114
Total	0.114
NOTE Secured by way of hypothecation of inventories, book debts and all other current assets, both present and future.

Banking Relations :	--
Auditors :
Name :	B K Khare and Company Chartered Accountants
Address :	706, Sharda Chambers, New Marine Lines, Mumbai – 400 020, Maharashtra, India
PAN No.:	AAAFB0265E
Holding Company :	· Jeet Merchantile Private Limited
Subsidiaries :	· AE Advisors Private Limited (Formerly known as Amil Enterprises) · ACG Korsch Compression Technologies Private Limited
Companies/firms over which the Directors have significant influence or control:	Companies · ACG Associated Capsules Private Limited · ACG Arts and Properties Private Limited · ACG Pharmapack Private Limited · Custom Capsules Private Limited · ACG Real Estate Private Limited · EH Advisors and Consultants Private Limited (Formerly known as Extra Hands) · Nainital Engineers Private Limited Firms · Aries Components Manufacturing and Company · Centercorp · Pharmagents · Bulk Buyers · Capsulabs · ACG Value Links LLP Foreign Companies · ACG Do Brazil Representacoes Commercials S/ A. · ACG North America LLC (Formerly Known as Universal Capsules LLC) · PT. Universal Capsules Indonesia Inc · Pam USA UCL LC (Merged with ACG North America from 01-April-2010 ) · ACG Holding BV · ACG Europe Limited, UK · Universal Capsules Philippines Inc. · Amiricaps USA · Symtech International Limited, Dubai · First Ventures Limited, Dubai · Transworld Investments Limited , Dubai Trusts · C.N.S. Trust · MNT Will Trust · Singh Family · Trust

CAPITAL STRUCTURE

(AS ON 11.09.2012)

Authorised Capital :

No. of Shares	Type	Value	Amount
25000	Equity Shares	Rs.100/- each	Rs.2.500 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
24805	Equity Shares	Rs.100/- each	Rs.2.481 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

SUMMARISED FIGURES

Particular	31.03.2012
1] Share Capital	2.481
2] Reserves & Surplus	1628.391
3] Secured Loans	93.384
4] Unsecured Loans	35.303
5] DEFERRED TAX LIABILITIES	3.050
6] FIXED ASSETS [Net Block]	365.155
7] INVESTMENT	365.155
8] Net Current Assets	1230.530

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011	31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		2.481	2.481
2] Share Application Money		0.000	0.000
3] Reserves & Surplus		1365.277	1117.803
4] (Accumulated Losses)		0.000	0.000
NETWORTH		1367.758	1120.284
LOAN FUNDS
1] Secured Loans		0.114	0.000
2] Unsecured Loans		10.323	10.323
TOTAL BORROWING		10.437	10.323
DEFERRED TAX LIABILITIES		4.024	1.024
TOTAL		1382.219	1131.631
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		202.967	187.918
Capital work-in-progress		37.115	13.138
INVESTMENT		141.922	273.472
DEFERREX TAX ASSETS		0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	306.675	185.664
	Sundry Debtors	447.411	223.273
	Cash & Bank Balances	72.303	42.854
	Other Current Assets	0.000	0.320
	Loans & Advances	652.468	522.617
Total Current Assets		1478.857	974.728
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	188.552	136.312
	Other Current Liabilities	232.789	138.799
	Provisions	57.301	42.514
Total Current Liabilities		478.642	317.625
Net Current Assets		1000.215	657.103
MISCELLANEOUS EXPENSES		0.000	0.000
TOTAL		1382.219	1131.631

PROFIT & LOSS ACCOUNT

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
SALES
	Income		1556.945	1252.784
	Other Income
	TOTAL	1778.964	1556.945	1252.784
EXPENSES
	Office Expenses
	Administrative Expenses
	Advertising Expenses
	TOTAL	1504.710	1195.603	1069.501
PROFIT BEFORE TAX		414.991	361.342	183.283
TAX		140.346	113.134	101.426
PROFIT AFTER TAX		274.645	248.208	81.857
EARLIER YEAR’S ADJUSTMENT		NA	0.734	4.678
PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		NA	49.887	43.351
APPROPRIATIONS
	Transfer to General Reserve	NA	200.000	80.000
BALANCE CARRIED TO THE B/S		NA	97.361	49.886
IMPORTS
	Raw Materials	NA	NA	26.190
TOTAL IMPORTS		NA	NA	26.190
Earnings Per Share (Rs.)		11072.00	10006.37	3300.02

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	15.44	15.94	6.53
Return on Total Assets (PBT/Total Assets}	(%)	NA	21.49	15.76
Return on Investment (ROI) (PBT/Networth)		NA	0.26	0.16
Debt Equity Ratio (Total Liability/Networth)		NA	0.36	0.29
Current Ratio (Current Asset/Current Liability)		NA	3.09	3.07

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	Yes
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	-----
23]	Banking Details	Yes
24]	Banking facility details	Yes
25]	Conduct of the banking account	-----
26]	Buyer visit details	-----
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	Yes
30]	Major Shareholders, if available	Yes
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	No
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

UNSECURED LOANS

(Rs. In Millions)

Particular	31.03.2011
Loans directors unsecured	10.323
Total	10.323

FIXED ASSETS:

Tangible Assets

· Leasehold Land

· Buildings

· Plant and Machinery

· Computers

· Furniture and Fixtures

· Office Equipments

· Vehicles

Intangible Assets

· Goodwill

· SAP Software License

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.56.42
UK Pound	1	Rs.86.54
Euro	1	Rs.73.86

INFORMATION DETAILS

Information Gathered by :	PDT
Report Prepared by :	VRN

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	8
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	7
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	7
--PROFITABILIRY	1~10	8
--LIQUIDITY	1~10	7
--LEVERAGE	1~10	7
--RESERVES	1~10	8
--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		64

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.