MIRA INFORM REPORT

Report Date :

19.10.2013

IDENTIFICATION DETAILS

Name :	THOMSON PRESS INDIA LIMITED
Registered Office :	9-K, Block, Connaught Circus, New Delhi – 110001
Country :	India
Financials (as on) :	31.03.2012 (Profit and Loss Account)
Date of Incorporation :	23.07.1962
Com. Reg. No.:	55-003768
Capital Investment / Paid-up Capital :	Rs. 85.375 Millions
CIN No.: [Company Identification No.]	U22219DL1962PLC003768
TAN No.: [Tax Deduction & Collection Account No.]	DELT04236b
PAN No.: [Permanent Account No.]	AAACT4827F
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	The Company operates in two primary business segments viz. 'Printing' and 'Phototypesetting'.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (47)

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

Maximum Credit Limit :	USD 6300000
Status :	Satisfactory
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having a satisfactory track record. Balance sheet statement for 2012 is not available. As per profit and loss account the company is incurring a loss. The ratings takes into consideration Thomson Press healthy market position in the printing business, above average operating efficiency in the phototypesetting business and above average financial risk profile. However, trade relations are fair. Business is active. Payment terms are slow but correct. The company can be considered for business dealings at usual trade terms and condition.

NOTES :

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

ECGC Country Risk Classification List – 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

INDIAN ECONOMIC OVERVIEW

We are living in a world where volatility and uncertainty have become the New Normal. We saw a change of government in countries like Tunisia, Egypt, Libya and Vietnam. Once powerful countries in Europe are now fighting for bankruptcy. We have taken growth in the developing part of the world for granted but economic growth in China and India has begun to slow. Companies that were synonymous with their product categories just a few years ago are now no longer in existence. Kodak, the inventor of the digital camera had to wind up its operations, HMV, the British entertainment retailing company and Borders, once the second largest bookstore have shut down due to their inability to evolve their business models with the changing time. Readers’ Digest, Thomson Register are no more !

There is another megatrend happening. The World order is changing as economic power shifts from West to East. According to McKinsey study, it took Britain more than 100 years to double its economic output per person during its industrial revolution and the US later took more than 50 years to do the same. More than a century later, China and India have doubled their GDP per capital in 12 and 18 years respectively. By 2020, emerging Asia will become the world’s largest consuming block, overtaking North America.

The years after the outbreak of the global financial crisis, the world economy continues to remain fragile. The Indian economy demonstrated remarkable resilience in the initial years of the contagion but finally lost ground last year. GDP growth slowed down. Currency has been weakening. There is a marked deceleration in agriculture, industry and services. Dampening sentiment led to a cut-back in investment as well as private consumption expenditure.  Inflation remained at high levels fuelled by the pressure from the food and fuel sectors. The large fiscal and current account deficit s continued to cause grave concern. It is imperative that India regains its growth trajectory of 8-9 % sooner than later. This is crucially important given the need to create gainful livelihood opportunities for the millions living in poverty as also the large contingent of young people joining the job market every year.

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	Long term rating: “BBB”
Rating Explanation	Moderate degree of safety and carry low moderate credit risk.
Date	03.05.2013

Rating Agency Name	CRISIL
Rating	Short term rating: “A3+”
Rating Explanation	Moderate degree of safety and higher credit risk.
Date	03.05.2013

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.

LOCATIONS

Registered Office :	9-K, Block, Connaught Circus, New Delhi – 110001, India
Tel. No.:	91-11-23719004 / 5 / 6 / 23321323 / 1273/ 23416273
Fax No.:	91-11-23713405 / 23328592 / 23412405
E-Mail :	tpress@thomsonpress.com sridhar.sn@aajtak.com satish.pandey@aajtak.com murlee.manohar@aajtak.com ashok.vermani@aajtak.com surjit.singh@aajtak.com
Website :	www.thomsonpress.com
Head Office :	P. B. No. 705, Delhi - Mathura Road, Faridabad - 121007, Uttar Pradesh, India
Tel. No.:	91-129-2285520 to 26 91-129-2223970 to 74
Fax No.:	91-129-2284511
Corporate Office :	Hamilton House, 1-A, Connaught Place, New Delhi - 110001, India
Tel. No.:	91-11-23352233
Fax No.:	91-11-23352874
Factory 1 :	18/35, P. B. No. 705, Thomson Press Building, Delhi-Mathura Road, Faridabad - 121 002, Uttar Pradesh, India
Tel. No.:	91-129-2285520 / 21 / 22 / 23 / 24
Fax No.:	91-129-2284511
E-Mail :	tpress@thomsompress.com
Factory 2 :	B-315, Okhla Industrial Area, Phase I, New Delhi – 110020, India
Tel. No.:	91-11-26819104 26814426/26815230
Fax No.:	91-11-26818670/26718675
Factory 3 :	B, 11-12, Noida Export Processing Zone, Noida – 201305, Uttar Pradesh, India
Domestic Sales Office :	· Mumbai Chennai Delhi Kolkata
Export Sales Offices :	· Delhi Mumbai
Export Sales Offices :	· New York UK/ Europe

DIRECTORS

As on 29.09.2012

Name :

Mr. Aroon Purie

Designation :

Managing Director

Address :

6, Palam Marg, Vasant Vihar, New Delhi - 110057, India

Date of Birth/Age :

29.12.1944

Qualification :

FCA,FCS

Date of Appointment :

01.01.1976

PAN No.:

AAMPP8169P

DIN No. :

00002794

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	U22219DL1962PLC003768	THOMSON PRESS INDIA LTD	Director	01/01/2009	01/01/1976	-	Active	NO
2	U74899DL1961PLC003589	INTEGRATED DATA BASES INDIA LIMITED	Director	18/02/1992	18/02/1992	-	Active	NO
3	U74899DL1952PTC002756	THE ALL INDIA INVESTMENT CORPORATION PRIVATE LIMITED	Director	05/01/1996	05/01/1996	-	Active	NO
4	U74899DL1944PTC001678	ALL INDIA FILM CORPORATION PRIVATE LIMITED	Director	10/02/1996	10/02/1996	-	Active	NO
5	U74899DL1937PTC001684	THE ALL INDIA FINANCE AND COMMERCE PRIVATE LIMITED	Director	04/03/1996	04/03/1996	-	Active	NO
6	L92200DL1999PLC103001	T.V. TODAY NETWORK LIMITED.	Managing director	01/04/2010	21/08/2000	-	Active	NO
7	U00000DL2000PTC107735	UNIVERSAL LEARN TODAY PRIVATE LIMITED	Director	14/09/2000	14/09/2000	-	Active	NO
8	U99999DL2000PTC107733	INDIA TODAY ONLINE PRIVATE LIMITED	Director	14/09/2000	14/09/2000	26/10/2007	Active	NO
9	U92131DL2000PLC107737	RADIO TODAY BROADCASTING LIMITED	Director	14/09/2000	14/09/2000	-	Active	NO
10	U22200DL1991PLC042793	HARPER COLLINS PUBLISHERS INDIA LIMITED	Director	29/08/2002	29/08/2002	29/11/2012	Active	NO
11	U74899DL2005PLC142634	T V TODAY NETWORK BUSINESS LIMITED	Director	17/11/2005	17/11/2005	-	Active	NO
12	U74130HR1986PLC023655	SKH METALS LIMITED	Director	02/01/2006	02/01/2006	-	Active	NO
13	U74999DL2007PTC158097	ITAS MEDIA PRIVATE LIMITED	Director	27/04/2007	27/04/2007	-	Active	NO
14	U22210DL2007PTC163174	MAIL TODAY NEWSPAPERS PRIVATE LIMITED	Director	09/05/2007	09/05/2007	-	Active	NO
15	U51909DL2007PTC167147	TODAY RETAIL NETWORK PRIVATE LIMITED	Director	20/08/2007	20/08/2007	01/12/2010	Active	NO
16	U22219DL2007PLC168391	PREMIER SECURITY PRINTERS LIMITED	Director	19/09/2007	19/09/2007	22/12/2008	Active	NO
17	U72900DL2007PLC170402	Thomson Digital (India) Limited	Director	13/11/2007	13/11/2007	-	Active	NO
18	U74999DL2010PTC210696	Today Merchandise Private Limited	Director	23/11/2010	23/11/2010	-	Active	NO

Name :

Mr. Ankoor Purie

Designation :

Managing Director

Address :

6, Palam Marg, Vasant Vihar, New Delhi - 110057, India

Date of Birth/Age :

04.06.1979

Qualification :

B.A. (Hons) Management in Printing

Date of Appointment :

01.07.2009

PAN No. :

AANPP1837F

DIN No. :

00996728

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	U22219DL1962PLC003768	THOMSON PRESS INDIA LTD	Managing director	01/07/2009	18/10/2005	-	Active	NO
2	U22222DL2007PTC166975	HYPER SPACE MUSIC PRIVATE LIMITED	Director	13/08/2007	13/08/2007	-	Active	NO
3	U72900DL2007PLC170402	Thomson Digital (India) Limited	Director	13/11/2007	13/11/2007	-	Active	NO
4	U45202PB2008PTC031698	IMPACT SENIOR LIVING ESTATES PRIVATE LIMITED	Director	24/08/2009	02/05/2008	-	Active	NO
5	U74899DL1961PLC003589	INTEGRATED DATA BASES INDIA LIMITED	Director	27/08/2009	15/06/2009	-	Active	NO
6	U22200DL1991PLC042793	HARPER COLLINS PUBLISHERS INDIA LIMITED	Director	29/09/2009	07/07/2009	29/11/2012	Active	NO
7	U74999DL2007PTC158097	ITAS MEDIA PRIVATE LIMITED	Director	20/09/2010	08/07/2009	-	Active	NO
8	U70109DL2009PTC192965	VIKU J DEVELOPERS PRIVATE LIMITED	Director	07/08/2009	07/08/2009	20/06/2011	Active	NO

Name :

Mr. Ashok Kapur

Designation :

Director

Address :

B-5, Chirag Enclave, New Delhi, India

Date of Birth/Age :

24.06.1946

Qualification :

Bachelor of Architecture

Date of Appointment :

24.05.2004

PAN No. :

AAJPK0341H

DIN No. :

00003577

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	U74899DL1985PTC020921	SKH INFRASTRUCTURE DEVELOPERS PRIVATE LIMITED	Director	15/05/1985	15/05/1985	-	Active	NO
2	U34300HR1991PLC032012	KRISHNA MARUTI LIMITED.	Managing director	01/06/2009	25/06/1991	-	Active	NO
3	U35999DL1996PLC075180	KRISHNA ISHIZAKI AUTO LIMITED	Director	04/01/1996	04/01/1996	-	Active	NO
4	U74999DL1996PLC082505	HH INTERIOR AND AUTO COMPONENTS LIMITED	Director	09/10/1996	09/10/1996	31/03/2008	Active	NO
5	U70101DL1997PTC089087	SWAPN FARMS PRIVATE LIMITED	Director	02/08/2001	02/08/2001	-	Active	NO
6	U17101DL1998PLC091847	KRISHNA PACKAGE TRIPS LIMITED	Director	03/08/2001	03/08/2001	-	Active	NO
7	U74899DL1994PTC058553	TULIP FARMS PRIVATE LIMITED	Director	04/12/2001	04/12/2001	-	Active	NO
8	U74899DL1994PTC058571	GLADDOLIA FARMS PRIVATE LIMITED	Director	04/12/2001	04/12/2001	-	Active	NO
9	U70101DL1988PTC033696	VENUS ESTATES PRIVATE LIMITED	Director	03/08/2002	03/08/2002	-	Active	NO
10	U34300DL1998PTC091789	KRISHNA INTERIOR PRIVATE LIMITED	Director	02/09/2002	02/09/2002	-	Active	NO
11	U74999DL2003PTC120153	KRISHNA QUINETTE SEATS PRIVATE LIMITED	Director	02/05/2003	02/05/2003	-	Active	NO
12	U22219DL1962PLC003768	THOMSON PRESS INDIA LIMITED	Director	24/05/2004	24/05/2004	-	Active	NO
13	U00000HR2004PTC049273	KRISHNA GRUPO ANTOLIN PRIVATE LIMITED	Director	19/08/2004	19/08/2004	-	Active	NO
14	U74140HR2004PTC035504	PRUDENT MANAGEMENT STRATEGIES PRIVATE LIMITED	Director	02/05/2005	02/05/2005	-	Active	NO
15	U74130HR1986PLC023655	SKH METALS LIMITED	Director	14/05/2005	14/05/2005	-	Active	NO
16	U27109HR2003PTC035250	MARUICHI KUMA STEEL TUBE PRIVATE LIMITED	Director	28/05/2005	28/05/2005	29/09/2009	Active	NO
17	U45201DL2005PTC136914	SKH CONSTRUCTWELL PRIVATE LIMITED	Director	31/05/2005	31/05/2005	-	Active	NO
18	U74899DL2005PTC140258	SKH GLOBAL TRAVELS PRIVATE LIMITED	Director	01/09/2005	01/09/2005	28/12/2012	Active	NO
19	U45201RJ2005PTC020740	RIPPLE INFRASTRUCTURE PRIVATE LIMITED	Director	30/09/2006	31/10/2005	-	Active	NO
20	U45201RJ2005PTC020796	WAVE INFRASTRUCTURE PRIVATE LIMITED	Director	14/11/2005	14/11/2005	-	Active	NO
21	U74899DL1978PTC008998	USHA PLAST PACKAGING PRIVATE LIMITED	Director	23/12/2005	23/12/2005	-	Active	NO
22	U74300DL2004PTC128184	SKH MEDIA PRIVATE LIMITED	Director	06/02/2006	06/02/2006	02/07/2011	Active	YES
23	U80101DL2006PTC148682	SKH EDUCATION PRIVATE LIMITED.	Director	06/05/2006	06/05/2006	-	Active	NO
24	U63040DL1997PTC089719	KV TRAVELS PRIVATE LIMITED	Director	23/06/2006	23/06/2006	28/12/2012	Active	NO
25	U45201RJ2005PTC020737	SURGE INFRASTRUCTURE PRIVATE LIMITED	Director	29/09/2009	22/03/2007	-	Active	NO
26	U99999DL1959PLC176013	AUTOMOTIVE COMPONENT MANUFACTURERS ASSOCIATION OF INDIA	Director	06/09/2007	06/09/2007	03/09/2009	Active	NO
27	U50300RJ2005PTC020834	DURABLE TRAIN SEATS PRIVATE LIMITED	Director	02/09/2008	20/03/2008	-	Active	NO
28	U45201RJ2005PTC020735	ANGEL INFRASTRUCTURE PRIVATE LIMITED	Director	01/09/2008	20/03/2008	05/03/2009	Active	NO
29	U50300RJ2005PLC020833	SKH SHEET METALS COMPONENTS LIMITED	Director	05/09/2008	10/04/2008	22/09/2009	Active	NO
30	U51109DL2008PTC178458	MAGNETI MARELLI SKH EXHAUST SYSTEMS PRIVATE LIMITED	Director	30/09/2009	05/06/2008	-	Active	NO
31	U34300DL2008PTC178680	SKH MAGNETI MARELLI EXHAUST SYSTEMS PRIVATE LIMITED	Director	30/09/2009	05/06/2008	-	Active	NO
32	U74900DL2008PLC185185	SKH MANAGEMENT SERVICES LIMITED	Director	24/11/2008	24/11/2008	-	Active	NO
33	U29220DL2009PTC187276	SKH SILA INDIA PRIVATE LIMITED	Director	05/02/2009	05/02/2009	-	Active	NO
34	U29253DL2009PTC187778	SKH CABS MANUFACTURING PRIVATE LIMITED	Director	19/02/2009	19/02/2009	-	Active	NO
35	U70200DL2009PTC189407	PASA INFRASTRUCTURE PRIVATE LIMITED	Director	16/04/2009	16/04/2009	-	Active	NO
36	U74900DL2009PTC189418	SKH CAR SEATS PRIVATE LIMITED	Director	16/04/2009	16/04/2009	-	Active	NO
37	U50300RJ2005PTC020818	NARCISSUS AUTO SHEET METALS PRIVATE LIMITED	Director	19/08/2009	01/08/2009	-	Active	NO
38	U74900DL2009PTC193097	SPECTRUM SEATING SYSTEMS SERVICES PRIVATE LIMITED	Director	12/08/2009	12/08/2009	-	Active	NO
39	U70101DL2009PTC193636	GRANITE INFRASTRUCTURE PRIVATE LIMITED	Director	29/09/2010	01/10/2009	-	Active	NO
40	U29300PN2009PTC133761	MSKH SEATING SYSTEMS INDIA PRIVATE LIMITED	Director	28/09/2010	22/10/2009	-	Active	NO
41	L92200DL1999PLC103001	T.V. TODAY NETWORK LIMITED.	Director	26/08/2010	26/10/2009	-	Active	NO
42	U70200DL2010PTC198473	KHARTI INFRASTRUCTURE PRIVATE LIMITED	Director	29/01/2010	29/01/2010	-	Active	NO
43	U70101DL2010PTC198474	HARTIK ESTATE PRIVATE LIMITED	Director	29/01/2010	29/01/2010	-	Active	NO
44	U29253DL2009PTC196097	SIAC SKH INDIA CABS MANUFACTURING PRIVATE LIMITED	Director	21/09/2010	04/03/2010	-	Active	NO
45	U17290DL2010FTC202355	SUMINOE TEIJIN TECHNO KRISHNA INDIA PRIVATE LIMITED	Director	06/05/2010	06/05/2010	-	Active	NO
46	U34300DL2010PTC208458	SKH AUTO TRIMS PRIVATE LIMITED	Director	30/09/2011	28/09/2010	-	Active	NO
47	U74899DL1970PTC005432	KAPUR ESTATES PRIVATE LIMITED	Director	30/09/2011	10/11/2010	-	Active	NO
48	U70200DL2011PTC213833	H AND H REAL ESTATE AND INFRASTRUCTURE PRIVATE LIMITED	Director	11/02/2011	11/02/2011	-	Active	NO
49	U45400DL2010PTC199741	BALAJEE GREENLAND PRIVATE LIMITED	Director	24/06/2011	01/03/2011	14/08/2012	Active	NO
50	U45204DL2011PTC222384	SKH BUILDERS PRIVATE LIMITED	Director	15/07/2011	15/07/2011	14/08/2012	Active	NO
51	U45400DL2011PTC222366	H & H PROMOTERS PRIVATE LIMITED	Director	15/07/2011	15/07/2011	14/08/2012	Active	NO
52	U74899DL1992PTC048177	MUNRADTECH EXPORTS PRIVATE LIMITED	Additional director	15/11/2012	15/11/2012	-	Active	NO
53	U45201RJ2005PTC020734	WARBLE INFRASTRUCTURE PRIVATE LIMITED	Director	23/09/2013	29/11/2012	-	Active	NO
54	U34300HR2012FTC046555	NHK F. KRISHNA INDIA AUTOMOTIVE SEATING PRIVATE LIMITED	Director	04/09/2013	31/03/2013	-	Active	NO
55	U50200HR2012PTC047527	KRISHNA LANDI RENZO INDIA PRIVATE LIMITED	Director	03/07/2013	03/07/2013	-	Active	NO

Name :

Mr. Ravindra Chandra Bhargava

Designation :

Director

Address :

House No.220, Sector-15A, Noida - 201301, Uttar Pradesh, India

Date of Birth/Age :

30.07.1934

Qualification :

M. A . in Development Economics, M.S.c in Mathematics

Date of Appointment :

24.05.2004

PAN No. :

AAAPB0832F

DIN No. :

00007620

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	U65990MH1987PLC044571	INFRASTRUCTURE LEASING AND FINANCIAL SERVICES LIMITED	Director	20/08/1990	20/08/1990	-	Active	NO
2	U74899DL1998PTC097259	RCB CONSULTING PRIVATE LIMITED	Whole-time director	01/12/1998	01/12/1998	-	Active	NO
3	L65993TN1993PLC024142	POLARIS FINANCIAL TECHNOLOGY LIMITED	Director	30/03/1999	30/03/1999	-	Active	NO
4	U74899DL1992PTC050874	CONTITECH INDIA PRIVATE LIMITED	Director	30/05/2000	30/05/2000	31/12/2007	Active	NO
5	L17124MP1947PLC000410	GRASIM INDUSTRIES LIMITED	Director	25/07/2000	25/07/2000	-	Active	NO
6	U65191KL1940PLC000638	LORD KRISHNA BANK LIMITED	Director	24/08/2001	24/08/2001	-	Amalgamated	NO
7	U72300TN2002PLC049649	OPTIMUS GLOBAL SERVICES LIMITED	Director	29/05/2003	29/05/2003	13/10/2012	Active	NO
8	L30103HR1983PLC026142	OMAX AUTOS LIMITED	Director	20/03/2004	20/03/2004	15/01/2008	Active	NO
9	U22219DL1962PLC003768	THOMSON PRESS INDIA LIMITED	Director	24/05/2004	24/05/2004	-	Active	NO
10	L26940MH2000PLC128420	ULTRATECH CEMENT LIMITED	Director	06/07/2004	06/07/2004	-	Active	NO
11	U80301HR1998PTC036306	GEMS EDUCATION INDIA PRIVATE LIMITED	Director	06/12/2004	06/12/2004	07/08/2008	Active	NO
12	L24230DL1975PLC007908	DABUR INDIA LIMITED	Director	27/01/2005	27/01/2005	-	Active	NO
13	L34103DL1981PLC011375	MARUTI SUZUKI INDIA LIMITED	Director	09/09/2005	09/09/2005	-	Active	NO
14	L26940GJ1944PLC000749	SHREE DIGVIJAY CEMENT CO LIMITED	Director	15/06/2006	15/06/2006	25/03/2008	Active	NO
15	L32100GJ1996PLC030976	IDEA CELLULAR LIMITED	Director	21/12/2009	20/10/2008	-	Active	NO
16	L24246MH1986PLC040817	FEM CARE PHARMA LIMITED	Additional director	25/06/2009	25/06/2009	-	Amalgamated	NO
17	U65991MH1994PLC080811	BIRLA SUN LIFE ASSET MANAGEMENT COMPANY LIMITED	Director	23/07/2010	21/10/2009	30/07/2011	Active	NO
18	U40300DL2010PTC198011	EROS ENERGY PRIVATE LIMITED	Additional director	10/05/2010	10/05/2010	-	Active	NO
19	L26959GJ2009PLC058011	SAMRUDDHI CEMENT LIMITED	Director	24/07/2010	18/05/2010	-	Amalgamated	NO
20	L24223MH1946PLC005434	KOKUYO CAMLIN LIMITED	Director	26/07/2012	19/10/2011	-	Active	NO

Name :

Mr. Rakesh Malhotra

Designation :

Director

Address :

M-11, Greater Kailash Part II, New Delhi - 110048, India

Date of Birth/Age :

16.08.1952

Qualification :

Graduate in

Commerce

Date of Appointment :

10.06.2004

DIN No. :

00206060

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	U74899DL1995PTC074146	SANJHA PROPERTIES PRIVATE LIMITED	Director	24/11/1995	24/11/1995	12/05/2012	Active	NO
2	U51909DL1997PTC086220	HIGH SPEED CONSTRUCTION AND MARKETING PRIVATE LIMITED	Director	12/06/1997	12/06/1997	-	Strike off	NO
3	U22219DL1962PLC003768	THOMSON PRESS INDIA LIMITED	Director	10/06/2004	10/06/2004	-	Active	NO
4	L92200DL1999PLC103001	T.V. TODAY NETWORK LIMITED.	Director	15/01/2005	15/01/2005	-	Active	NO

Name :

Mr. Cushrow Jal Jasswala

Designation :

Whole Time Director

Address :

B-19, 2nd Floor, Greater Kailash Enclave-, New Delhi - 110048, India

Date of Birth/Age :

14.12.1958

Qualification :

P.G. in Management

Date of Appointment :

01.04.2009

PAN No. :

ACYPJ0388A

DIN No. :

02577385

Name :

Mr. Vinay Kumar Singh

Designation :

Whole Time Director

Address :

H. No.1376, Sector-16, Faridabad - 121001, Haryana, India

Date of Birth/Age :

03.03.1966

Qualification :

B.E. (Printing)

Date of Appointment :

01.04.2009

PAN No. :

ABEPS1008H

DIN No. :

02578531

KEY EXECUTIVES

Name :	Surjit Singh
Designation :	Secretary
Address :	Flat No.107, 1^st Floor, C-12, Sector-3, Rohini, Delhi -110085, India
Date of Birth/Age :	04.04.1978
Date of Appointment :	16.03.2011
PAN No.:	BNGPS2994M

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 29.09.2012

Names of Shareholders	No. of Shares
Aroon Purie	30
Rekha Purie	30
Ankoor Purie	30
All India Finance and Commerce Private limited, India	1309200
All India Investment Corporation Private Limited, India	1426140
All India Film Corporation Private limited, India	735000
Living Media India Limited, India	5067070
Total	8537500

Allottees as on 23.08.2013

Names of Allottees	No. of Shares
Aroon Purie and Sons (HUF)	46500
Madhu Trehan	284813
Mandira Purie Fawcett	284813
Aroon Purie	427242
Rekha Purie	142383
Ankoor Purie	284813
All India Investment Corporation Private Limited, India	1358963
World Media Private Limited, India	7353975
Total	10183502

As on 29.09.2012

Equity Share Break up (Percentage of Total Equity)

Category	Percentage of Holding
Bodies corporate	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

The Company operates in two primary business segments viz. 'Printing' and 'Phototypesetting'.

Products :

Item Code No. (ITC Code)	Product Description
49011010	Printing of Books
49021020	Periodical Journals
37061092	Phototype Set Films (Positive, Negative and Bromides)
49100090	Calendars
49111020	Diaries, Catalogues
49090010	Show Card and Greeting Cards

PRODUCTION STATUS (AS ON 31.03.2011)

Particulars	Licensed Capacity	Installed Capacity	Actual Production
All Types of Printed matter such as Books, Periodicals, Calendars, Annual Reports, Lottery Tickets, Repropulls, and Phototype Set Films etc.	NA	2106 Million Standard Impressions	863 Million Standard Impressions
Phototype Set Films (Positives, Negatives and Bromides)	NA	1,645,000 Pages	1,479,964 Pages

* As certified by the Management

GENERAL INFORMATION

Customers :

· Harper Collins

Hodder Education

Wiley

Macmillan

Oxford University Press

Pearson

Reed Elsevier

David Cook

Zondervan

Collins Debden

No. of Employees :

Not Available

Bankers :

· Indusind Bank Limited, Dr. Gopal Das Bhawan, 28 Barakhamba Road, New Delhi - 110001, India

HDFC Bank Limited, HDFC Bank Housesenapati Bapat Marg, Lower Parel (West), Mumbai - 400013, Maharashtra, India

Citibank N.A., Jeevan Vihar, 3 Sansad Marg, New Delhi - 110001, India

Export Import Bank of India, Centre One Building, Floor 21, World Trade Centre Complex, Cuffe Parade, Mumbai - 400005, Maharashtra, India

Yes Bank Limited, 9th Floor, Nehru Centre, Discovery of India, Dr. Annie Besant Road, Worli,, Mumbai - 400018, Maharashtra, India

The Bank of Nova Scotia, Dr. Gopal Dass Bhawan, 28, Barakhamba Road,, New Delhi - 110001, India

The Hongkong and Shanghai Banking Corporation Limited, 25, Barakhamba Road, New Delhi - 110001, India

Facilities :

SECURED LOANS	31.03.2011 (Rs. in Millions)	31.03.2010 (Rs. in Millions)
Rupee term loans banks secured	975.000	653.738
Rupee term loans others secured	143.958	78.125
Working capital loans banks secured	530.873	550.373
Total	1649.831	1282.236

Banking Relations :	--
Financial Institution :	Ge Capital Services India, 401, 402, 4^th Floor, Aggarwal Millennium Tower, E-1, 2, 3, Netaji Subhash Place, Wazirpur, New Delhi - 110034, India
Auditors :
Name :	Price Waterhouse Chartered Accountants
Address :	Building 8, 7th Floor and 8th Floor, Tower - B, Dlf Cyber City, Gurgaon - 122002, Haryana, India
Income-tax PAN of auditor or auditor's firm :	AAEFP3641G
Holding Company : (As on 31.03.2011)	Living Media India Limited (LMI) CIN No.: U92132DL1962PLC003714
Ultimate Holding Company : (As on 31.03.2011)	World Media Private Limited (WMPL) CIN No.: U74899DL1949PTC001677
Subsidiaries : (As on 31.03.2011)	· Thomson Digital Mauritius Limited (TDML) Thomson Digital India Limited (TDIL) CIN No.: U72900DL2007PLC170402 Premier Security Printers Pvt. Limited (PSPL) CIN No.: U22219DL2007PLC168391
Fellow Subsidiaries : (As on 31.03.2011)	· Harper Collins Publishers India Limited (HCPIL) CIN No.: U22200DL1991PLC042793 TV Today Network Limited (TVTN) CIN No.: L92200DL1999PLC103001 ITAS Media Private Limited (IMSPL) CIN No.: U74999DL2007PTC158097 Mail Toady Newspaper Private Ltd. CIN No.: U22210DL2007PTC163174 India Today Online Private Limited CIN No.: U99999DL2000PTC107733 World Media International Ltd. CIN No.: U74899DL1991PLC046458 Universal learning today Limited CIN No.: U00000DL2000PTC107735
Associates: (As on 31.03.2011)	· Integrated Database India Limited (IDIL) CIN No.: U74899DL1961PLC003589 Element LLC
Joint Venture : (As on 31.03.2011)	NSD Printers Private Limited CIN No.: U22219DL2008PTC176851
Companies under Common Control : (As on 31.03.2011)	· Education Today Society (Vasant Valley School) Hyper Space Music Private Limited (HSMPL) Radio Today Delhi

CAPITAL STRUCTURE

After 29.09.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
20000000	Equity Shares	Rs.10/- each	Rs.200.000 millions
200000	Preference Shares	Rs.100/- each	Rs.20.000 millions
	Total		Rs.220.000 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
18721002	Equity Shares	Rs.10/- each	Rs.187.210 millions

As on 29.09.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
20000000	Equity Shares	Rs.10/- each	Rs.200.000 millions
200000	Preference Shares	Rs.100/- each	Rs.20.000 millions
	Total		Rs.220.000 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
8537500	Equity Shares	Rs.10/- each	Rs.85.375 millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011	31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		85.375	85.375
2] Share Application Money		0.000	0.000
3] Reserves & Surplus		1501.148	1603.387
4] (Accumulated Losses)		0.000	0.000
NETWORTH		1586.523	1688.762
LOAN FUNDS
1] Secured Loans		1649.831	1282.236
2] Unsecured Loans		352.100	693.800
TOTAL BORROWING		2001.931	1976.036
DEFERRED TAX LIABILITIES		75.127	85.909
TOTAL		3663.581	3750.707
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		1681.286	1755.990
Capital work-in-progress		27.321	76.017
INVESTMENT		96.767	23.063
DEFERRED TAX ASSETS		0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	464.868	463.566
	Sundry Debtors	453.795	674.654
	Cash & Bank Balances	102.741	134.009
	Other Current Assets	30.832	31.541
	Loans & Advances	1121.717	1026.259
Total Current Assets		2173.953	2330.029
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	188.804	266.920
	Other Current Liabilities	84.861	131.607
	Provisions	42.081	35.865
Total Current Liabilities		315.746	434.392
Net Current Assets		1858.207	1895.637
MISCELLANEOUS EXPENSES		0.000	0.000
TOTAL		3663.581	3750.707

Note : Balance Sheet for the year 2012 is not available, only profit and loss is available.

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011	31.03.2010
	SALES
		Income	2704.989	2772.114	3016.253
		Other Income	170.622	144.092	148.821
		TOTAL (A)	2875.611	2916.206	3165.074
Less	EXPENSES
		Cost of materials consumed	808.979	963.738
		Employee benefit expense	690.253	625.146
		Other expenses	951.537	938.169
		Changes in inventories of finished goods, work-in-progress and stock-in-trade	(13.288)	28.242
		TOTAL (B)	2437.481	2555.295	2677.364
	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		438.130	360.911	487.710
Less	FINANCIAL EXPENSES (D)		263.349	231.433	249.073
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		174.781	129.478	238.637
Less/ Add	DEPRECIATION/ AMORTISATION (F)		241.385	242.500	259.661
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)		(66.604)	(113.022)	(21.024)
Less	TAX (H)		(41.969)	(10.783)	(13.234)
	PROFIT/ (LOSS) AFTER TAX (G-H) (I)		(24.635)	(102.239)	(7.790)
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		1179.899	1282.138	1289.928
	BALANCE CARRIED TO THE B/S		1155.264	1179.899	1282.138
	EARNINGS IN FOREIGN CURRENCY
		Export Sales at FOB Value	NA	910.795	1132.709
		Deemed Export – Sales proceeds of goods delivered within India	NA	93.750	25.727
	TOTAL EARNINGS		NA	1004.545	1158.436
	IMPORTS
		Raw Materials	58.809	106.506	155.566
		Stores & Spares Parts	18.726	33.101	47.860
		Capital Goods	11.916	12.655	18.930
	TOTAL IMPORTS		89.451	152.262	222.356
	Earnings / (Loss) Per Share (Rs.)		(2.89)	(11.98)	(0.91)

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	(0.86)	(3.51)	(0.25)
Net Profit Margin (PBT/Sales)	(%)	(2.46)	(4.08)	(0.70)
Return on Total Assets (PBT/Total Assets}	(%)	NA	(2.93)	(0.51)
Return on Investment (ROI) (PBT/Networth)		NA	(0.07)	(0.01)
Debt Equity Ratio (Total Debt/Networth)		NA	1.26	1.17
Current Ratio (Current Asset/Current Liability)		NA	6.89	5.36

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	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	Yes

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10401280	10/12/2012	35,000,000.00	HDFC BANK LIMITED	HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI - 400013, MAHARASHTRA, INDIA	B67337733
2	10354902	08/01/2013 *	118,000,000.00	GE CAPITAL SERVICES INDIA	401, 402, 4TH FLOOR, AGGARWAL MILLENNIUM TOWER, E-1,2,3, NETAJI SUBHASH PLACE, WAZIRPUR, NEW DELHI - 110034, INDIA	B68161843
3	10343397	01/03/2012	150,000,000.00	INDIABULLS FINANCIAL SERVICES LIMITED	F-60 MALHOTRA BLDG2ND FLOOR, CANNAUGHT PALACE, NEW DELHI - 110001, INDIA	B35540244
4	10271495	02/03/2011	200,000,000.00	ICICI BANK LIMITED	LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA - 390015, GUJARAT, INDIA	B07760606
5	10224831	05/07/2012 *	250,000,000.00	HDFC BANK LIMITED	HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI - 400013, MAHARASHTRA, INDIA	B56087257
6	10179914	27/07/2012 *	250,000,000.00	YES BANK LIMITED	9TH FLOOR, NEHRU CENTRE, DISCOVERY OF INDIA, DR. ANNIE BESANT ROAD, WORLI, MUMBAI - 400018, MAHARASHTRA, INDIA	B55801377
7	10167692	15/01/2010 *	500,000,000.00	YES BANK LIMITED	9TH FLOOR, NEHRU CENTRE, DISCOVERY OF INDIA, DR. ANNIE BESANT ROAD, WORLI, MUMBAI - 400018, MAHARASHTRA, INDIA	A77845972
8	10030473	29/09/2010 *	390,000,000.00	GE CAPITAL SERVICES INDIA	AIFCS BUILDING,IST FLOOR, 1,RAFI MARG, NEW DELHI - 110001, INDIA	A95376471
9	80026730	14/07/2001	50,000,000.00	UCO BANK	CONNAUGHT PLACE, CONNAUGHT PLACE, NEW DELHI - 110001, INDIA	-
10	80026883	27/04/2009 *	410,000,000.00	THE BANK OF NOVA SCOTIA	DR. GOPALDAS BHAWAN, 28, BARAKHAMBA ROAD, NEW DELHI - 110001, INDIA	A63151617
11	80026881	27/08/2007 *	180,000,000.00	UCO BANK	H-46, CONNAUGHT PLACE, NEW DELHI - 110001, INDIA	A23423247

* Date of charge modification

UNSECURED LOANS

PARTICULARS	31.03.2011 (Rs. in Millions)	31.03.2010 (Rs. in Millions)
Non-convertible debentures unsecured	0.000	150.000
Rupee term loans banks unsecured	300.000	520.000
Fixed deposits unsecured	52.100	23.800
Total	352.100	693.800

CONTINGENT LIABILITIES:

PARTICULARS	31.03.2011 (Rs. In Millions)	31.03.2010 (Rs. In Millions)
a) Foreign Letters of credit	0.000	31.500
b) Labour matters disputed by the Company and pending in court	9.304	8.946
c) Sales Tax	4.320	4.320
d) Local Area Development Tax	0.906	0.906
e) External Development Charges payable to Municipal Corporation, Faridabad	25.412	25.412
f) Entry Tax	12.458	12.458
g) Demand for Additional Income Tax disputed by the Company under Appeal	6.805	6.805
h) Bank Guarantees issued to customers and Government departme	55.778	77.351
i) Performance Bonds furnished to the Government of India under EPCG Scheme	496.240	526.472
j) Demand from Excise authorities	38.737	0.000

FIXED ASSETS

v Tangible Assets

Free Hold Land

Lease hold land

Building

Plant Machinery

Furniture Fixtures

Motor Vehicles

Leasehold Building

v Intangible Assets

Computer Software

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

1] INFORMATION ON DESIGNATED PARTY

No exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

2] Court Declaration :

No exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

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

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

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

Charges or investigation registered against subject: None

7] Criminal Records

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

8] Affiliation with Government :

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

9] Compensation Package :

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

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

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

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

CONTRAVENTION

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

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.28
UK Pound	1	Rs.99.03
Euro	1	Rs.83.80

INFORMATION DETAILS

Report Prepared by :

MRI

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	5
--CREDIT LINES	1~10	5
--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		47

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.