MIRA INFORM REPORT
|
Report Date : |
27.05.2013 |
IDENTIFICATION DETAILS
|
Name : |
N.S.RATHINAM AND SONS PRIVATE LIMITED |
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Registered
Office : |
291, M.T.H. Road, Avadi, Chennai – 600054, Tamilnadu |
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Country : |
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Financials (as
on) : |
31.03.2012 |
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Date of
Incorporation : |
10.02.2000 |
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Com. Reg. No.: |
18-044147 |
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Capital
Investment / Paid-up Capital : |
Rs.25.000 Millions |
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CIN No.: [Company Identification
No.] |
U27101TN2000PTC044147 |
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|
Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Providing Cold Storage Facility |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B (27) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 110000 |
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Status : |
Project under Implementation |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Eventhough the company was incorporated during February 10, 2000, it
has not yet commenced the business activity as the project is under
implementation. The networth of the company appears to be good. Trade relations are improving. Payment terms are unknown. 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 – 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 |
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High |
B2 |
|
Very High |
C1 |
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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.
LOCATIONS
|
Registered Office : |
291, M.T.H. Road, Avadi, Chennai – 600054, Tamilnadu, India |
|
Tel. No.: |
91-44-26382168 |
|
Fax No.: |
Not Available |
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E-Mail : |
DIRECTORS
As on 26.09.2012
|
Name : |
Mr. Sridhar Vijayaraghavan |
|
Designation : |
Director |
|
Address : |
F-2, Samudra Apartment, H-100, Seaward Road, 1st Valmiki
Nagar, Chennai – 600041, Tamilnadu, India |
|
Date of Birth/Age : |
13.12.1953 |
|
Date of Appointment : |
04.03.2011 |
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DIN No.: |
01025915 |
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Name : |
Mr. Chandrasekharan Rathinam |
|
Designation : |
Managing Director |
|
Address : |
291, M.T.H. Road, Avadi, Chennai – 600054, Tamilnadu, India |
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Date of Birth/Age : |
26.04.1966 |
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Date of Appointment : |
10.02.2000 |
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DIN No.: |
01908429 |
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|
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|
Name : |
Mr. Akkammal Rathinam |
|
Designation : |
Director |
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Address : |
291, M.T.H. Road, Avadi, Chennai – 600054, Tamilnadu, India |
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Date of Birth/Age : |
19.07.1946 |
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Date of Appointment : |
10.02.2000 |
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DIN No.: |
01908439 |
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Name : |
Mr. Padmavathy Chandrasekharan |
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Designation : |
Director |
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Address : |
291, M.T.H. Road, Avadi, Chennai – 600054, Tamilnadu, India |
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Date of Birth/Age : |
31.05.1972 |
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Date of Appointment : |
29.08.2003 |
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DIN No.: |
01908446 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 26.09.2012
|
Names of Shareholders |
|
No. of Shares |
|
Chandrasekharan Rathinam |
|
625000 |
|
Akkammal Rathinam |
|
625000 |
|
Padmavathy Chandrasekharan |
|
1250000 |
|
Total |
|
2500000 |
As on 12.12.2012
|
Names of Allottee |
|
No. of Shares
Alloted |
|
Chandrasekharan Rathinam |
|
1250000 |
|
Padmavathy Chandrasekharan |
|
1250000 |
|
Total |
|
2500000 |
As on 26.09.2012
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Providing Cold Storage Facility |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
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Bankers : |
Indian Overseas Bank, Kodambakkam Branch, Chenaai -
600024, Tamilnadu, India |
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Facilities : |
(Rs.
In Millions)
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Krishaan and Company Chartered Accountants |
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Address : |
Flat No. 10, "C" Wing, 6th Floor, Parsn Manere, New No.442
(602), Anna Salai, Chennai – 600006, Tamilnadu, India |
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Tel. No.: |
91-44-28272569 |
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E-Mail : |
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PAN.: |
AGTPK3931B |
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Associate Enterprise
related to Key Management Personnel : |
N.S. Rathinam and Sons – Firm |
CAPITAL STRUCTURE
After 26.09.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
5000000 |
Equity Shares |
Rs.10/- each |
Rs.50.000 Millions |
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
5000000 |
Equity Shares |
Rs.10/- each |
Rs.50.000 Millions |
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As on 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
5000000 |
Equity Shares |
Rs.10/- each |
Rs.50.000 Millions |
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2500000 |
Equity Shares |
Rs.10/- each |
Rs.25.000 Millions
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a. Reconciliation of
the shares outstanding at the beginning and at the end of reporting period
|
|
As at 31 March 2012 |
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Particulars |
No. of Share |
Rs. In Millions |
|
At the beginning of the period |
2,500,000 |
25.000 |
|
Issued during the year |
- |
- |
|
|
|
|
|
Outstanding at the end of the year |
2,500,000 |
25.000 |
b. Terms/rights
attached to equity shares
i) The company has only one class of equity shares having at par value of RIO/- per share.
ii) Each holder of equity shares is entilted to one vote per share
iii) Repayment of Capital in the event of liquidation will be in proportion to the number of equity shares held.
c. Details of
shareholders holding more than 5% shares in the company
|
|
As at 31 March 2012 |
|
|
Name of Shareholder |
No. of Shares held |
% of Holding |
|
C. Padmavathy |
1250000 |
50.00% |
|
R. Chandrasekharan |
625000 |
25.00% |
|
R. Akkammal |
625000 |
25.00% |
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 |
25.000 |
25.000 |
2.500 |
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2] Share Application Money |
3.500 |
0.000 |
5.544 |
|
|
3] Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
28.500 |
25.000 |
8.044 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
72.386 |
0.000 |
0.000 |
|
|
2] Unsecured Loans |
0.393 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
72.779 |
0.000 |
0.000 |
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DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
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|
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|
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TOTAL |
101.279 |
25.000 |
8.044 |
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APPLICATION OF FUNDS |
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FIXED ASSETS [Net Block] |
70.715 |
14.410 |
4.839 |
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Capital work-in-progress |
0.000 |
0.000 |
2.372 |
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INVESTMENT |
0.000 |
0.000 |
0.000 |
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DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
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CURRENT ASSETS, LOANS & ADVANCES |
|
|
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Inventories |
0.000
|
0.000 |
1.295 |
|
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Sundry Debtors |
0.000
|
0.000 |
0.000 |
|
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Cash & Bank Balances |
1.566
|
2.012 |
0.818 |
|
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Other Current Assets |
10.035
|
6.496 |
0.000 |
|
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Loans & Advances |
26.934
|
2.419 |
0.014 |
|
Total
Current Assets |
38.535
|
10.927 |
2.127 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
7.735
|
0.197 |
1.314 |
|
|
Other Current Liabilities |
0.236
|
0.140 |
0.000 |
|
|
Provisions |
0.000
|
0.000 |
0.000 |
|
Total
Current Liabilities |
7.971
|
0.337 |
1.314 |
|
|
Net Current Assets |
30.564
|
10.590 |
0.813 |
|
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MISCELLANEOUS EXPENSES |
0.000 |
0.00 |
0.020 |
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TOTAL |
101.279 |
25.000 |
8.044 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
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SALES |
|
|
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Income |
0.000 |
0.000 |
0.000 |
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Other Income |
|
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|
|
|
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TOTAL |
0.000 |
0.000 |
0.000 |
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Less |
EXPENSES |
|
|
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|
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Office Expenses |
|
|
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|
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Administrative Expenses |
0.000 |
0.000 |
0.000 |
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Advertising Expenses |
|
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|
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|
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TOTAL |
0.000 |
0.000 |
0.000 |
|
|
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|
PROFIT BEFORE
TAX |
0.000 |
0.000 |
0.000 |
|
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Less |
TAX |
0.000 |
0.000 |
0.000 |
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PROFIT AFTER TAX
|
0.000 |
0.000 |
0.000 |
|
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|
|
|
|
|
Earnings Per
Share (Rs.) |
0.00 |
0.00 |
0.00 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
0.00
|
0.00 |
0.00 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
0.00
|
0.00 |
0.00 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.00
|
0.00 |
0.00 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
2.55
|
0.00 |
0.00 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.21
|
32.42 |
1.62 |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info
Agents |
Available in Report (Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
No |
|
9] |
Name of person contacted |
No |
|
10] |
Designation of contact person |
No |
|
11] |
Turnover of firm for last 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 |
FINANCIAL RESULTS
The company has commenced the implementation of the project for which firm orders have been placed for the critical machinery. For implementing the project, the company has availed term loans amounting to Rs.72.386 Millions from a Bank. The company has spent so for Rs. 109.251 Millions towards the project which include Rs.9.698 Millions as pre-operative expenses pending capitalization.
THE PROJECT
The company as programmed has commenced the process of implementation of the Hitek Integrated Cold Chain Project with Ripening Chamber, The company obtained the financial facility as Term loans from a bank to meet the cost of implementing the project.
The Company after detailed technical evaluation placed firm orders for supply, and erection of the critical machinery with the leaders in the industry like Voltas, Lloyds etc., The civil work is more (or) less completed and machineries are being delivered at the site. The company has taken all steps to ensure availability of all infrastructure facilities including Power and Pollution Clearance. The company is also taking steps to get the workman trained in the process of ripening and also technical management of cold storage system.
The company has also commenced the processing of creating awareness among the farming community, market centres etc., of company's facility which will ensure storage of farm products, frozen items etc., as well as prevention of wastage due to lack of quality storage in the area.
The company have also obtained letters of intent for subsidy from National Horticulture Board for both cold storage and ripening chambers. The company will ensure compliance with the terms and conditions stipulated in the letter of intent and avail The subsidy. The amount of subsidiary will be appropriated by the Bankers towards the term loans sanctioned as and when disbursed.
CONTINGENT
LIABILITIES AND COMMITMENTS (TO THE EXTENT NOT PROVIDED FOR)
Rs. In Millions
|
Particular |
31.03.2012 |
|
i. Estimated amount of contracts remaining to be executed on capital account and not provided for (Net of Advances) |
50.897 |
|
ii Bank Guarantee issued by Banks to the Excise Department (100% margin provided By lien on Fixed Deposit of Value) |
0.350 |
UNSECURED LOAN
Rs.
In Millions
|
Particular |
As
on 31.03.2012 |
As
on 31.03.2011 |
|
Loans and Advances from related Parties |
|
|
|
From Directors |
0.048 |
0.000 |
|
From a Firm in which Directors are interested |
0.345 |
0.000 |
|
Total |
0.393 |
0.000 |
BANKERS CHARGES
REPORT AS PER REGISTRY
|
Corporate identity
number of the company |
U27101TN2000PTC044147 |
|
Name of the
company |
N.S.RATHINAM AND SONS PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
179, M.T.H. Road, Avadi, Chennai – 600054, Tamilnadu, India |
|
This form is for |
Modification of charge |
|
Charge
identification (ID) number of the charge to be modified |
10309461 |
|
Type of charge |
|
|
Particular of
charge holder |
Indian Overseas Bank, Kodambakkam Branch, Chenaai - 600024, Tamilnadu, India |
|
Nature of
instrument creating charge |
Term Loan
Agreement and Letter of Hypothecation Dated 05.04.2013 for increasing the
total loan amount from Rs. 114.000
Millions (Term Loan I – 93.825 Millions and Term Loan II – 20.175 Millions)
to Rs. 174.000 Millions (Term Loan – 93.825 Millions, Term Loan II – 20.175
Millions, Term Loan III – 30.000 Millions and Cash Credit - Rs.30.000
Millions) |
|
Date of
instrument Creating the charge |
05.04.2013 |
|
Amount secured by
the charge |
Rs.174.000
Millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of Interest 11.25% per annum Terms of Repayment Term Loan I - Rs.93.875
Millions - 16 half yearly instalments of Rs.Rs.5.868 Millions each commencing
from half year February-July 2013. Term Loan II -
Rs. 20.175 Millions - 16 half yearly instalments of Rs.1.261 Millions each
commencing from half year February-July 2013. Term loan III –
30.000 Millions - 15 half yearly instalments of Rs.2.000 Millions each
commencing from 31.10.2013. Cash Credit -
Rs.30.000 Millions. Margin As mutually
agreed by the Banker and the Borrower. Extent and Operation of the charge As per the terms
and conditions detailed in Term Loan Agreement and Letter of Hypothecation
executed on 05.04.2013 between the Banker and the Borrower. Others Interest during
holiday period and repayment period to be serviced as and when debited by the
Banker. |
|
Short particulars
of the property or asset(s) charged (including complete address and location
of the property) |
First Charge of Industrial Land of 3 Acres and 21 Cents situated at Agraram Village, Dindigul Taluk, Dindigul District Collateral Security on Industrial Land of 4 Acres and 79 Cents at Agraram Village, Dindigul Taluk, Dindigul District. Collateral Security on vacant plot measuring 3308 sft located at Vilingiyambakkam Village, Thiruvallur High Road, Avadi, Chennai - 600054. First Charge on all purchase of Plant and Machineries and Other Assets to be created out of the Term Loans. Hypothecation of Stock and Book Debts against Cash Credit of Rs.30.000 Millions. |
|
Particulars of
the present modification |
Increasing the
total loan amount from Rs.114.000 Millions (Term Loan I - Rs.93.825 Millions
and Term Loan II – 20.175 Millions) to Rs. 174.000 Millions ( Term Loan I –
93.825 Millions, Term Loan II – 20.175 Millions, Term Loan III - Rs.30.000
Millions and Cash Credit - Rs.30.000
Millions. |
FIXED ASSETS
- Land
- Construction work in Progress (Factory Buildings)
- Plant and Machinery
- Air Conditioners
- Computer and Printers
- Electrical Equipments
- Furniture and Fixtures
- LCD Television Mobiles Camera
- Vehicle
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No exist to suggest that subject is or was
the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.61 |
|
|
1 |
Rs.83.98 |
|
Euro |
1 |
Rs.71.94 |
INFORMATION DETAILS
|
Report Prepared
by : |
NTH |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
2 |
|
--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 |
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 |
|
27 |
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 |
- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.