MIRA INFORM REPORT

Report Date :

22.06.2013

IDENTIFICATION DETAILS

Name :	CARGO MOTORS PRIVATE LIMITED
Registered Office :	1/9-B, Jindal House, Asaf Ali Road, New Delhi – 110002, Delhi
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	03.09.1959
Com. Reg. No.:	55-003124
Capital Investment / Paid-up Capital :	Rs.500.000 Millions
CIN No.: [Company Identification No.]	U50101DL1959PTC003124
TAN No.: [Tax Deduction & Collection Account No.]	DELC00804G
Legal Form :	Private Limited Liability Company
Line of Business :	Dealer for all range of TATA Vehicles
No. of Employees :	6000 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

B (30)

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Maximum Credit Limit :	USD 3500000
Status :	Moderate
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	The latest financials as on 2011-12 are not available. As per previous year as on 2010-2011 there appears an increase in the net profit but the margin is low. However, trade relation are reported to be fair. Business is active. Payment terms are unknown. In the view of experienced promoters, the company can be considered for business dealings with some caution.

NOTES :

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

ECGC Country Risk Classification List – March 31^st, 2013

Country Name	Previous Rating (31.12.2012)	Current Rating (31.03.2013)
India	A1	A1

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

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	BBB
Rating Explanation	Moderate degree of safety and moderate credit risk.
Date	04.02.2013

RBI DEFAULTERS’ LIST STATUS

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

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

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

INFORMATION PARTED BY

Name :	Mr. Anil Mahatma
Designation :	Accounts Manager
Contact No.:	91-9978443462
Date :	21.06.2013

LOCATIONS

Registered / Head Office :	1/9-B, Jindal House, Asaf Ali Road, New Delhi – 110002, Delhi, India
Tel. No.:	91-11-23233022/ 23235397/ 23234781/ 23233674
Fax No :	91-11-23237395
E-Mail :	cargodelho1@yahoo.com
Website :	http://www.cargomotors.com
Transportation and Logistic Division :	CMPL Kumar Farm, Opposite Maruti Stock – Yard, Caterpu, Gurgaon (HR)
Tel. No.:	91-124-4104484
Fax No.:	91-124-4105483
Branches :	Located at · Ahmedabad · Amritsar · Batala : · Balachour · Baroda · Bhogpur · Chandigarh · Greater Noida · Gurgaon · Jalandhar · Jaipur · Jamshedpur · Jalandhar · Jalandhar Cantt · Kapurthala · Mumbai · Nakodar · Nawanshar · New Delhi · Pathankot · Pune · Rudrapur

DIRECTORS

AS ON 29.09.2012

Name :	Mr. Raj Kumar Nanda
Designation :	Chairman and Managing Director
Address :	16, Ring Road, Lajpatnagar – IV, New Delhi-110024, Delhi, India
Date of Birth/Age :	10.04.1932
Date of Appointment :	08.09.1962
Din No.:	0040228

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	U50101DL1959PTC003124	CARGO MOTORS PRIVATE LIMITED	Managing director	08/09/1962	08/09/1962	-	Active	NO
2	U50100DL1985PTC022168	CARGO MOTORS (GUJRAT) PRIVATE LIMITED	Director	28/10/1985	28/10/1985	-	Active	NO
3	U74899DL1955PTC002467	KARRIERS FINANCE PRIVATE LIMITED	Director	05/11/1995	05/11/1995	-	Active	NO
4	U45201DL1997PTC089427	CARGO CONSTRUCTION COMPANY PRIVATE LIMITED	Director	04/09/1997	04/09/1997	-	Active	NO
5	U74899DL1983PTC015801	CARGO MOTORS PUNJAB PRIVATE LIMITED	Director	26/06/2001	26/06/2001	-	Active	NO
6	U34102DL2005PTC134888	CARGO MOTORS (KUTCH) PRIVATE LIMITED	Director	08/04/2005	08/04/2005	-	Active	NO
7	U27310DL2005PTC136738	CARGO POWER AND INFRASTRUCTURE PRIVATE LIMITED	Director	26/05/2005	26/05/2005	-	Active	NO
8	U50101DL2004PTC126082	CARGO MOTORS (RAJASTHAN) PRIVATE LIMITED	Director	30/11/2006	30/11/2006	-	Active	NO
9	U60231DL2007PTC163985	CML Logistics Private Limited	Director	25/05/2007	25/05/2007	-	Active	NO
10	U55101DL2007PTC164067	Cargo Hospitality Private Limited	Director	29/05/2007	29/05/2007	-	Active	NO
11	U40106DL2010PTC203686	CARGO SOLAR POWER ( GUJARAT) PRIVATE LIMITED	Director	05/06/2010	05/06/2010	-	Active	NO
12	U40106DL2010PTC203745	CARGO SOLAR POWER ( RAJASTHAN) PRIVATE LIMITED	Director	07/06/2010	07/06/2010	-	Active	NO
13	U40108DL2010PTC204502	CARGO SOLAR POWER PRIVATE LIMITED	Director	23/06/2010	23/06/2010	-	Active	NO
14	U40104DL2010PTC210692	CARGO WIND POWER ( GUJARAT) PRIVATE LIMITED	Director	23/11/2010	23/11/2010	-	Active	NO
15	U26100DL2011PTC215329	THERMOSOL GLASS PRIVATE LIMITED	Director	07/03/2011	07/03/2011	-	Active	NO
16	U61200GJ2012PTC070270	YASH RAJ PORTS PRIVATE LIMITED	Director	10/05/2012	10/05/2012	-	Active	NO
17	U45209GJ2013PTC073895	Nargol Infratech Private Limited	Director	06/03/2013	06/03/2013	-	Active	NO
18	U45200GJ2013PTC073894	Cargo Infratech Private Limited	Director	06/03/2013	06/03/2013	-	Active	NO
19	U45209GJ2013PTC073918	J N Port Private Limited	Director	09/03/2013	09/03/2013	-	Active	NO
20	U45200GJ2013PTC074005	Nargol Infrastructure Private Limited	Director	15/03/2013	15/03/2013	-	Active	NO
21	U60109GJ2013PTC075038	Nargol Rail Links Private Limited	Director	13/05/2013	13/05/2013	-	Active	NO

Name :	Mrs. Anita Nanda
Designation :	Director
Address :	16, Ring Road, Lajpatnagar – IV, New Delhi-110024, Delhi, India
Date of Birth/Age :	11.12.1959
Date of Appointment :	31.12.1988
Din No.:	00035231

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	U50101DL1959PTC003124	CARGO MOTORS PRIVATE LIMITED	Director	31/12/1988	31/12/1988	-	Active	NO
2	U65910DL1983PLC015912	DEEKSHA HOLDING LIMITED	Director	02/01/1989	02/01/1989	-	Active	NO
3	U74899DL1955PTC002467	KARRIERS FINANCE PRIVATE LIMITED	Director	06/11/1995	06/11/1995	-	Active	NO
4	U45201DL1997PTC089427	CARGO CONSTRUCTION COMPANY PRIVATE LIMITED	Director	04/09/1997	04/09/1997	-	Active	NO
5	U74899DL1983PTC015801	CARGO MOTORS PUNJAB PRIVATE LIMITED	Director	26/06/2001	26/06/2001	-	Active	NO
6	U40108DL2003PTC121617	CARGO-ZANDJ TECHNOLOGIES PRIVATE LIMITED	Director	04/08/2003	04/08/2003	-	Active	NO
7	U50101DL2004PTC126082	CARGO MOTORS (RAJASTHAN) PRIVATE LIMITED	Director	27/04/2004	27/04/2004	-	Active	NO
8	U34102DL2005PTC134888	CARGO MOTORS (KUTCH) PRIVATE LIMITED	Director	08/04/2005	08/04/2005	-	Active	NO
9	U27310DL2005PTC136738	CARGO POWER AND INFRASTRUCTURE PRIVATE LIMITED	Director	26/05/2005	26/05/2005	-	Active	NO
10	U00000PB2003PTC026233	THREE SIXTY LIFE STYLE PRIVATE LIMITED	Director	29/07/2005	29/07/2005	-	Active	NO
11	U74899DL1987PTC028060	GURIND SYSTEMS PRIVATE LTD.	Director	16/01/2006	16/01/2006	01/04/2008	Active	NO
12	U60231DL2007PTC163985	CML Logistics Private Limited	Director	25/05/2007	25/05/2007	-	Active	NO
13	U55101DL2007PTC164067	Cargo Hospitality Private Limited	Director	29/05/2007	29/05/2007	-	Active	NO
14	U40106DL2010PTC203686	CARGO SOLAR POWER ( GUJARAT) PRIVATE LIMITED	Director	05/06/2010	05/06/2010	-	Active	NO
15	U40106DL2010PTC203745	CARGO SOLAR POWER ( RAJASTHAN) PRIVATE LIMITED	Director	07/06/2010	07/06/2010	-	Active	NO
16	U40108DL2010PTC204502	CARGO SOLAR POWER PRIVATE LIMITED	Director	23/06/2010	23/06/2010	-	Active	NO
17	U40104DL2010PTC210692	CARGO WIND POWER ( GUJARAT) PRIVATE LIMITED	Director	23/11/2010	23/11/2010	-	Active	NO
18	U26100DL2011PTC215329	THERMOSOL GLASS PRIVATE LIMITED	Director	07/03/2011	07/03/2011	-	Active	NO
19	U61200GJ2012PTC070270	YASH RAJ PORTS PRIVATE LIMITED	Director	10/05/2012	10/05/2012	-	Active	NO
20	U45209GJ2013PTC073895	Nargol Infratech Private Limited	Director	06/03/2013	06/03/2013	-	Active	NO
21	U45200GJ2013PTC073894	Cargo Infratech Private Limited	Director	06/03/2013	06/03/2013	-	Active	NO
22	U45209GJ2013PTC073918	J N Port Private Limited	Director	09/03/2013	09/03/2013	-	Active	NO
23	U45200GJ2013PTC074005	Nargol Infrastructure Private Limited	Director	15/03/2013	15/03/2013	-	Active	NO
24	U60109GJ2013PTC075038	Nargol Rail Links Private Limited	Director	13/05/2013	13/05/2013	-	Active	NO

Name :	Mr. Pravesh Nanda
Designation :	Director
Address :	16, Ring Road, Lajpatnagar – IV, New Delhi-110024, Delhi, India
Date of Birth/Age :	11.10.1953
Date of Appointment :	27.09.1972
Din No.:	00063679

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	U50101DL1959PTC003124	CARGO MOTORS PRIVATE LIMITED	Director	27/09/1972	27/09/1972	-	Active	NO
2	U50100DL1985PTC022168	CARGO MOTORS (GUJRAT) PRIVATE LIMITED	Managing director	04/10/1985	04/10/1985	-	Active	NO
3	U74899DL1955PTC002467	KARRIERS FINANCE PRIVATE LIMITED	Director	06/11/1995	06/11/1995	-	Active	NO
4	U34101DL1996PTC079698	CARAVEL MOTORS PRIVATE LIMITED	Director	17/06/1996	17/06/1996	-	Active	NO
5	U50101DL1998PTC095403	CONCEPT MOTORS (INDIA) PRIVATE LIMITED.	Director	29/09/2008	20/11/2007	-	Active	NO
6	U50300DL2011PTC220663	Concept Motorbike Company Private Limited	Director	01/07/2011	01/07/2011	-	Active	NO

Name :	Mr. Jayant Nanda
Designation :	Director
Address :	16, Ring Road, Lajpatnagar – IV, New Delhi-110024, Delhi, India
Date of Birth/Age :	10.12.1956
Date of Appointment :	16.03.1983
Din No.:	00056740

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	U50101DL1959PTC003124	CARGO MOTORS PRIVATE LIMITED	Director	16/03/1983	16/03/1983	-	Active	NO
2	U74899DL1983PTC015801	CARGO MOTORS PUNJAB PRIVATE LIMITED	Director	25/05/1983	25/05/1983	-	Active	NO
3	U50100DL1985PTC022168	CARGO MOTORS (GUJRAT) PRIVATE LIMITED	Director	28/10/1985	28/10/1985	-	Active	NO
4	U74899DL1955PTC002467	KARRIERS FINANCE PRIVATE LIMITED	Director	12/12/1994	12/12/1994	-	Active	NO
5	U45201DL1997PTC089427	CARGO CONSTRUCTION COMPANY PRIVATE LIMITED	Director	04/09/1997	04/09/1997	-	Active	NO
6	U40108DL2003PTC121617	CARGO-ZANDJ TECHNOLOGIES PRIVATE LIMITED	Director	04/08/2003	04/08/2003	-	Active	NO
7	U00000PB2003PTC026233	THREE SIXTY LIFE STYLE PRIVATE LIMITED	Director	18/03/2004	18/03/2004	-	Active	NO
8	U74899DL1987PTC028060	GURIND SYSTEMS PRIVATE LTD.	Director	26/04/2004	26/04/2004	04/09/2012	Active	NO
9	U50101DL2004PTC126082	CARGO MOTORS (RAJASTHAN) PRIVATE LIMITED	Director	27/04/2004	27/04/2004	-	Active	NO
10	U26101DL2004PTC127033	THERMOSOL GLASS INDIA PRIVATE LIMITED	Director	21/06/2004	21/06/2004	-	Active	NO
11	U34102DL2005PTC134888	CARGO MOTORS (KUTCH) PRIVATE LIMITED	Director	08/04/2005	08/04/2005	-	Active	NO
12	U27310DL2005PTC136738	CARGO POWER AND INFRASTRUCTURE PRIVATE LIMITED	Director	26/05/2005	26/05/2005	-	Active	NO
13	U60231DL2007PTC163985	CML Logistics Private Limited	Director	25/05/2007	25/05/2007	-	Active	NO
14	U55101DL2007PTC164067	Cargo Hospitality Private Limited	Director	29/05/2007	29/05/2007	-	Active	NO
15	U35122DL2007PTC171428	AUTOVAHAN TYRES PRIVATE LIMITED	Director	13/12/2007	13/12/2007	-	Active	NO
16	U40106DL2010PTC203686	CARGO SOLAR POWER ( GUJARAT) PRIVATE LIMITED	Director	05/06/2010	05/06/2010	-	Active	NO
17	U40106DL2010PTC203745	CARGO SOLAR POWER ( RAJASTHAN) PRIVATE LIMITED	Director	07/06/2010	07/06/2010	-	Active	NO
18	U40108DL2010PTC204502	CARGO SOLAR POWER PRIVATE LIMITED	Director	23/06/2010	23/06/2010	-	Active	NO
19	U40104DL2010PTC210692	CARGO WIND POWER ( GUJARAT) PRIVATE LIMITED	Director	23/11/2010	23/11/2010	-	Active	NO
20	U26100DL2011PTC215329	THERMOSOL GLASS PRIVATE LIMITED	Director	07/03/2011	07/03/2011	-	Active	NO
21	U61200GJ2012PTC070270	YASH RAJ PORTS PRIVATE LIMITED	Director	10/05/2012	10/05/2012	-	Active	NO
22	U45209GJ2013PTC073895	Nargol Infratech Private Limited	Director	06/03/2013	06/03/2013	-	Active	NO
23	U45200GJ2013PTC073894	Cargo Infratech Private Limited	Director	06/03/2013	06/03/2013	-	Active	NO
24	U45209GJ2013PTC073918	J N Port Private Limited	Director	09/03/2013	09/03/2013	-	Active	NO
25	U45200GJ2013PTC074005	Nargol Infrastructure Private Limited	Director	15/03/2013	15/03/2013	-	Active	NO
26	U60109GJ2013PTC075038	Nargol Rail Links Private Limited	Director	13/05/2013	13/05/2013	-	Active	NO

Name :	Mr. Vimal Gujral
Designation :	Executive Director
Address :	Plot No. 204, Sector-4, Gandhidham (Kutch) -370201, Gujarat, India
Date of Birth/Age :	24.03.1950
Date of Appointment :	03.11.1998
Din No.:	00040201

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	U74899DL1955PTC002467	KARRIERS FINANCE PRIVATE LIMITED	Director	06/11/1995	06/11/1995	-	Active	NO
2	U50101DL1959PTC003124	CARGO MOTORS PRIVATE LIMITED	Whole-time director	03/11/1998	03/11/1998	-	Active	NO
3	U34102DL2005PTC134888	CARGO MOTORS (KUTCH) PRIVATE LIMITED	Director	16/04/2005	16/04/2005	-	Active	NO
4	U50101DL2004PTC126082	CARGO MOTORS (RAJASTHAN) PRIVATE LIMITED	Director	30/09/2010	16/11/2009	-	Active	NO
5	U27310DL2005PTC136738	CARGO POWER AND INFRASTRUCTURE PRIVATE LIMITED	Additional director	15/07/2010	15/07/2010	-	Active	NO
6	U40106DL2010PTC203745	CARGO SOLAR POWER ( RAJASTHAN) PRIVATE LIMITED	Director	25/10/2011	15/07/2010	-	Active	NO
7	U40106DL2010PTC203686	CARGO SOLAR POWER ( GUJARAT) PRIVATE LIMITED	Director	25/10/2011	15/07/2010	-	Active	NO
8	U40104DL2010PTC210692	CARGO WIND POWER ( GUJARAT) PRIVATE LIMITED	Director	23/11/2010	23/11/2010	-	Active	NO
9	U26100DL2011PTC215329	THERMOSOL GLASS PRIVATE LIMITED	Director	07/03/2011	07/03/2011	-	Active	NO
10	U45209GJ2013PTC073895	Nargol Infratech Private Limited	Director	06/03/2013	06/03/2013	-	Active	NO
11	U45200GJ2013PTC073894	Cargo Infratech Private Limited	Director	06/03/2013	06/03/2013	-	Active	NO
12	U45209GJ2013PTC073918	J N Port Private Limited	Director	09/03/2013	09/03/2013	-	Active	NO
13	U45200GJ2013PTC074005	Nargol Infrastructure Private Limited	Director	15/03/2013	15/03/2013	-	Active	NO
14	U61200GJ2012PTC070270	YASH RAJ PORTS PRIVATE LIMITED	Additional director	21/03/2013	21/03/2013	-	Active	NO
15	U60109GJ2013PTC075038	Nargol Rail Links Private Limited	Director	13/05/2013	13/05/2013	-	Active	NO

Name :	Ms. Devki Nanda
Designation :	Director
Address :	16, Ring Road, Lajpatnagar – IV, New Delhi-110024, Delhi, India
Date of Birth/Age :	11.06.1987
Date of Appointment :	19.12.2005
Din No.:	00081333

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	U74899DL1955PTC002467	KARRIERS FINANCE PRIVATE LIMITED	Director	16/08/2005	16/08/2005	-	Active	NO
2	U50101DL2004PTC126082	CARGO MOTORS (RAJASTHAN) PRIVATE LIMITED	Director	16/08/2005	16/08/2005	-	Active	NO
3	U34102DL2005PTC134888	CARGO MOTORS (KUTCH) PRIVATE LIMITED	Director	19/12/2005	19/12/2005	-	Active	NO
4	U50101DL1959PTC003124	CARGO MOTORS PRIVATE LIMITED	Director	19/12/2005	19/12/2005	-	Active	NO

Name :	Mr. Aditya Nanda
Designation :	Executive Director
Address :	16, Ring Road, Lajpatnagar – IV, New Delhi-110024, Delhi, India
Date of Birth/Age :	15.11.1980
Date of Appointment :	01.04.2006
Din No.:	00035037

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	U45201DL1997PTC089427	CARGO CONSTRUCTION COMPANY PRIVATE LIMITED	Director	16/11/1998	16/11/1998	-	Active	NO
2	U74899DL1983PTC015801	CARGO MOTORS PUNJAB PRIVATE LIMITED	Director	26/06/2001	26/06/2001	-	Active	NO
3	U50101DL1959PTC003124	CARGO MOTORS PRIVATE LIMITED	Whole-time director	01/04/2006	23/07/2001	-	Active	NO
4	U00000PB2003PTC026233	THREE SIXTY LIFE STYLE PRIVATE LIMITED	Director	29/07/2003	29/07/2003	-	Active	NO
5	U50101DL2004PTC126082	CARGO MOTORS (RAJASTHAN) PRIVATE LIMITED	Director	27/04/2004	27/04/2004	-	Active	NO
6	U34102DL2005PTC134888	CARGO MOTORS (KUTCH) PRIVATE LIMITED	Director	16/08/2005	16/08/2005	-	Active	NO
7	U26101DL2004PTC127033	THERMOSOL GLASS INDIA PRIVATE LIMITED	Director	16/01/2006	16/01/2006	-	Active	NO
8	U72900DL2006PTC148126	STAR INFOCOM PRIVATE LIMITED	Director	20/10/2006	20/10/2006	-	Active	NO
9	U55101DL2007PTC164067	Cargo Hospitality Private Limited	Director	05/06/2007	05/06/2007	-	Active	NO
10	U60231DL2007PTC163985	CML Logistics Private Limited	Director	05/06/2007	05/06/2007	-	Active	NO
11	U74899DL1987PTC028060	GURIND SYSTEMS PRIVATE LTD.	Director	01/04/2008	01/04/2008	04/09/2012	Active	NO
12	U27310DL2005PTC136738	CARGO POWER AND INFRASTRUCTURE PRIVATE LIMITED	Director	30/06/2009	30/06/2009	-	Active	NO
13	U40108DL2003PTC121617	CARGO-ZANDJ TECHNOLOGIES PRIVATE LIMITED	Director	30/06/2009	30/06/2009	-	Active	NO
14	U40106DL2010PTC203686	CARGO SOLAR POWER ( GUJARAT) PRIVATE LIMITED	Director	05/06/2010	05/06/2010	-	Active	NO
15	U40106DL2010PTC203745	CARGO SOLAR POWER ( RAJASTHAN) PRIVATE LIMITED	Director	07/06/2010	07/06/2010	-	Active	NO
16	U40108DL2010PTC204502	CARGO SOLAR POWER PRIVATE LIMITED	Director	23/06/2010	23/06/2010	-	Active	NO
17	U40104DL2010PTC210692	CARGO WIND POWER ( GUJARAT) PRIVATE LIMITED	Director	23/11/2010	23/11/2010	-	Active	NO
18	U26100DL2011PTC215329	THERMOSOL GLASS PRIVATE LIMITED	Director	07/03/2011	07/03/2011	-	Active	NO
19	U35122DL2007PTC171428	AUTOVAHAN TYRES PRIVATE LIMITED	Director	30/08/2011	15/06/2011	-	Active	NO
20	U19200DL2011PTC218090	KLEITOS SHOES PRIVATE LIMITED	Director	02/01/2012	02/01/2012	-	Active	NO
21	U61200GJ2012PTC070270	YASH RAJ PORTS PRIVATE LIMITED	Director	10/05/2012	10/05/2012	-	Active	NO
22	U45209GJ2013PTC073895	Nargol Infratech Private Limited	Director	06/03/2013	06/03/2013	-	Active	NO
23	U45200GJ2013PTC073894	Cargo Infratech Private Limited	Director	06/03/2013	06/03/2013	-	Active	NO
24	U45209GJ2013PTC073918	J N Port Private Limited	Director	09/03/2013	09/03/2013	-	Active	NO
25	U45200GJ2013PTC074005	Nargol Infrastructure Private Limited	Director	15/03/2013	15/03/2013	-	Active	NO
26	U60109GJ2013PTC075038	Nargol Rail Links Private Limited	Director	13/05/2013	13/05/2013	-	Active	NO

Name :	Mr. Dhruv Batra
Designation :	Director
Date of Appointment :	28.12.2009
Din No.:	02700504

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	U80200DL2007PTC170407	BWI EDUCON VENTURES PRIVATE LIMITED	Director	25/06/2009	25/06/2009	-	Active	NO
2	U27310DL2005PTC136738	CARGO POWER AND INFRASTRUCTURE PRIVATE LIMITED	Director	23/11/2009	23/11/2009	-	Active	NO
3	U50101DL1959PTC003124	CARGO MOTORS PRIVATE LIMITED	Director	28/12/2009	28/12/2009	-	Active	NO
4	U40106DL2010PTC203686	CARGO SOLAR POWER ( GUJARAT) PRIVATE LIMITED	Director	05/06/2010	05/06/2010	-	Active	NO
5	U40106DL2010PTC203745	CARGO SOLAR POWER ( RAJASTHAN) PRIVATE LIMITED	Director	07/06/2010	07/06/2010	-	Active	NO
6	U40108DL2010PTC204502	CARGO SOLAR POWER PRIVATE LIMITED	Director	23/06/2010	23/06/2010	-	Active	NO
7	U74899DL1987PTC028060	GURIND SYSTEMS PRIVATE LTD.	Director	30/09/2010	14/07/2010	04/09/2012	Active	NO
8	U26101DL2004PTC127033	THERMOSOL GLASS INDIA PRIVATE LIMITED	Director	30/09/2010	14/07/2010	-	Active	NO
9	U40104DL2010PTC210692	CARGO WIND POWER ( GUJARAT) PRIVATE LIMITED	Director	23/11/2010	23/11/2010	-	Active	NO
10	U26100DL2011PTC215329	THERMOSOL GLASS PRIVATE LIMITED	Director	07/03/2011	07/03/2011	-	Active	NO
11	U63090DL2012PTC232538	CARGO AIR SERVICES PRIVATE LIMITED	Director	07/03/2012	07/03/2012	-	Active	NO
12	U61200GJ2012PTC070270	YASH RAJ PORTS PRIVATE LIMITED	Director	10/05/2012	10/05/2012	-	Active	NO
13	U45209GJ2013PTC073895	Nargol Infratech Private Limited	Director	06/03/2013	06/03/2013	-	Active	NO
14	U45200GJ2013PTC073894	Cargo Infratech Private Limited	Director	06/03/2013	06/03/2013	-	Active	NO
15	U45209GJ2013PTC073918	J N Port Private Limited	Director	09/03/2013	09/03/2013	-	Active	NO
16	U45200GJ2013PTC074005	Nargol Infrastructure Private Limited	Director	15/03/2013	15/03/2013	-	Active	NO
17	U60109GJ2013PTC075038	Nargol Rail Links Private Limited	Director	13/05/2013	13/05/2013	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Mohan Upreti
Designation :	Secretary
Address :	A-2/201, Hoover Apartments, Main Road, Sant Nagar, Delhil-110024, Delhi, India
Date of Birth/Age :	15.10.1960
Date of Appointment :	22.08.2007
Din No.:	AABPU5652M

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 29.09.2012

Names of Shareholders	No. of Shares
Y. P. Nanda (HUF)	8400
Raj Kumar Nanda	851600
Pravesh Nanda	19000
Mukkul Nanda	7000
Pramukh Nanda	21000
Pranav Nanda	20600
Jayant Nanda	31379980
Jayant Nanda (HUF)	20000
Anita Nanda	8644950
Aditya Nanda	4500850
Devki Nanda	4500100
Chetna Batra	5000
Asha Nanda	500
O. P. Nanda	500
Satish Nanda	500
Anil Nanda	3000
Jyotsna Suri	1000
Preeti Wahi	10
Vimal Gujral	2000
Sunil Nanda	500
Suman Dewan	1000
Kewal Singh	500
Sushilawati Agarwal	6000
Karriers Finance Private Limited, India	500
Pooja Gujral	500
Narain Singh	10
Dhurv Batra	5000
Total	50000000

AS ON 29.09.2012

Equity Shares Break Up	Percentage of Holding
Foreign holdings( Foreign institutional investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s) or Overseas Corporate bodies or Others
Bodies corporate	0.01
Directors or relatives of Directors	99.85
Other top fifty shareholders	0.14
TOTAL	100.00

BUSINESS DETAILS

Line of Business :	Dealer for all range of TATA Vehicles
Products :	· Domestic Transportation · Project Transport · Scheduled Transport · Milti Modal Transport · Customized Transport (Milk run, Hub and Spoke etc.)
Terms :
Selling :	Cash and Credit
Purchasing :	Cash and Credit

GENERAL INFORMATION

No. of Employees :

6000 (Approximately)

Bankers :

· The Central Bank of India Ltd., Gandhidham, Kutch, Gujarat, India

· HDFC Bank Limited, HDFC Bank Housesenapati Bapat Marg, Lower Parel W, Mumbai - 400013, Maharashtra, India

Facilities :

Secured Loan	Rs. In Millions 31.03.2011	Rs. In Millions 31.03.2010
Working Capital Loan	304.658	391.609
TOTAL	304.658	391.609
Unsecured Loan	Rs. In Millions 31.03.2011	Rs. In Millions 31.03.2010
Working Capital Loan	162.389	377.423
Loans directors	76.586	354.363
Deposited related parties	13.350	11.915
Other debt	471.872	210.995
TOTAL	724.197	954.697

Banking Relations :	--
Auditors :
Name :	Ashok Khandelwal Associates Chartered Accountants
Address :	912-B, Indra Prakash, 21, Barakhamba Road, New Delhi-110001, India
Tel. No.:	91-11-23319140
Mobile No.:	91-9810313391 / 9312221061
Fax No.:	91-11-23730523
E-Mail :	ashok@khandelwalassociates.com
Subsidiaries :	· Cargo Power ad Infrastructure Private Limited U27310DL2005PTC136738 · Thermosol Glass Private Limited U26100DL2011PTC215329 · Cargo Solar Power (Gujarat) Private Limited U40106DL2010PTC203686 · Cargo Solar Power Private Limited U40108DL2010PTC204502 · Cargo Solar Power (Rajasthan) Private Limited U40106DL2010PTC203745 · Cargo Wind Power (Gujarat) Private Limited U40104DL2010PTC210692

CAPITAL STRUCTURE

AS ON 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
500,000,00	Equity Shares	Rs.10/- each	Rs.500.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
500,000,00	Equity Shares	Rs.10/- each	Rs.500.000 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011	31.03.2010	31.03.2009
SHAREHOLDERS FUNDS
1] Share Capital		500.000	129.300	76.600
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		386.457	293.011	247.240
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		886.457	422.311	323.840
LOAN FUNDS
1] Secured Loans		304.659	391.609	89.770
2] Unsecured Loans		724.198	954.697	820.565
TOTAL BORROWING		1028.857	1346.306	910.335
DEFERRED TAX LIABILITIES		2.668	0.914	1.081
TOTAL		1917.982	1769.531	1235.256
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		564.300	446.049	429.454
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		54.190	53.148	64.998
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	832.451	909.822	539.354
	Sundry Debtors	604.699	431.954	334.584
	Cash & Bank Balances	20.105	18.494	31.411
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	351.770	277.660	123.627
Total Current Assets		1809.025	1637.930	1028.976
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	406.255	318.846	105.907
	Other Current Liabilities	58.816	37.549	182.015
	Provisions	44.462	11.201	0.250
Total Current Liabilities		509.533	367.596	288.172
Net Current Assets		1299.492	1270.334	740.804
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		1917.982	1769.531	1235.256

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Gross revenue
		Other Income
		Total (A)	17655.684	11625.555	8593.960
Less	EXPENSES
		Cost of Goods Sold	16937.997	11097.384	8072.273
		Other Expenditure	410.142	311.191	339.028
		TOTAL (B)	17348.139	11408.575	8411.301
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		307.545	216.980	182.659
Less	FINANCIAL EXPENSES (D)		115.691	107.603	117.519
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		191.854	109.377	64.140
Less/ Add	DEPRECIATION/ AMORTISATION (F)		51.146	38.798	44.237
	PROFIT BEFORE TAX (E-F) (G)		140.708	70.579	20.903
Less	TAX (H)		47.261	24.832	10.429
	PROFIT AFTER TAX (G-H) (I)		93.447	45.747	10.474
	Earnings Per Share (Rs.)		1.86	3.54	1.37

Particulars	31.03.2013	31.03.2012
Sales Turnover (Approximately)	27500.000	22000.000

Expected Sales (2013-2014) : Rs.35000.000 Millions

The above information has been parted by Mr. Anil Mahatma (Accounts Manager)

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
Net Profit Margin (PBT/Total Income)	(%)	0.80	0.61	0.24
Return on Total Assets (PBT/Total Assets}	(%)	5.80	3.39	1.43
Return on Investment (ROI) (PBT/Networth)		0.16	0.17	0.06
Debt Equity Ratio (Total Liability/Networth)		0.57	4.06	3.70
Current Ratio (Current Asset/Current Liability)		3.55	4.46	3.57

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check List by Info Agents	Available in Report (Yes / No)
1]	Year of Establishment	Yes
2]	Locality of the firm	Yes
3]	Constitutions of the firm	Yes
4]	Premises details	No
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	Yes
8]	No. of employees	Yes
9]	Name of person contacted	Yes
10]	Designation of contact person	Yes
11]	Turnover of firm for last three years	Yes
12]	Profitability for last three years	Yes
13]	Reasons for variation <> 20%	-----
14]	Estimation for coming financial year	Yes
15]	Capital in the business	Yes
16]	Details of sister concerns	Yes
17]	Major suppliers	No
18]	Major customers	No
19]	Payments terms	Yes
20]	Export / Import details (if applicable)	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	No
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	No

FIXED ASSETS

· Computers

· Leasehold Hold and Free Hold Land

· Buildings

· Plant and Machinery

· Furniture and Fixtures

· Electric Installation and Office equipments

· Vehicles Commercial and Others

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.5935
UK Pound	1	Rs.92.11
Euro	1	Rs.78.59

INFORMATION DETAILS

Information Gathered by :	SVA
Report Prepared by :	SPR

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILIRY	1~10	3
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	3
--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	YES
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		30

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.