MIRA INFORM REPORT

Report Date :

20.09.2013

IDENTIFICATION DETAILS

Name :	FARM COT FIBER PRIVATE LIMITED
Registered Office :	103, Cama Industrial Estate, Sun Mill Compound, Lower Parel, Mumbai-400013, Maharashtra
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	21.09.2011
Com. Reg. No.:	11-222249
Capital Investment / Paid-up Capital :	Rs. 0.100 Million
CIN No.: [Company Identification No.]	U17291MH2011PTC222249
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer of yarns, cloth and fabric either from cotton or from any other material including synthetic and polyester yarn, silks and art silks, woolens and other materials
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ca (18)

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Moderate
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is a relatively new company having a moderate track record. As per the financial of 2012 it seems that the company has not started its business activities. No other details could be made available. Payment terms are unknown. The company can be considered for business dealings on a safe and secured trade terms and condition. Note: Current year profit and loss account is not available.

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.

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 / Textile Division :	103, Cama Industrial Estate, Sun Mill Compound, Lower Parel, Mumbai-400013, Maharashtra, India
Tel. No.:	91-22-40383130
Fax No.:	Not Available
E-Mail :	manojp@creativegarments.com

DIRECTORS

AS ON 25.09.2012

Name :	Mr. Vijay Kumar Jamnadhar Agarwal
Designation :	Director
Address :	93/B, Maker Tower, Cuffe Parade, Colaba, Mumbai-400005, Maharashtra, India
Date of Birth/Age :	15.01.1950
Date of Appointment :	13.07.2012
DIN No.:	00108710

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	U72200MH1982PTC027171	CREATIVE COMPUTER AND MARKETING PRIVATE LIMITED	Director	19/05/1982	19/05/1982	-	Active	NO
2	U45200MH1983PTC030713	CREATIVE ESTATES PRIVATE LIMITED	Director	11/07/1984	11/07/1984	-	Active	NO
3	U18101MH1984PTC033537	CREATIVE GARMENTS PRIVATE LIMITED	Director	24/07/1984	24/07/1984	-	Active	NO
4	U65990MH1986PTC039285	CG LEASING (BOMBAY) PRIVATE LIMITED	Director	19/05/1986	19/05/1986	-	Active	NO
5	U28999MH1987PTC045332	CREATIVE ANTI CORROSION PRIVATE LIMITED	Director	18/11/1987	18/11/1987	-	Active	NO
6	U18101MH1982PTC027515	CREATIVE CASUAL INDIA PRIVATE LIMITED	Director	18/11/1987	18/11/1987	-	Active	NO
7	U51900MH1988PTC045768	CARDIFF EXPORTS PRIVATE LIMITED	Whole-time director	04/01/1988	04/01/1988	-	Amalgamated	NO
8	U74899DL1987PTC027112	UNNATI D.K.S. ENGINEERING PRIVATE LIMITED	Director	14/07/1988	14/07/1988	-	Active	NO
9	U74899DL1985PTC020843	PRIYANKA INVESTMENT PRIVATE LIMITED	Director	14/07/1988	14/07/1988	-	Active	NO
10	U17120MH1991PTC059699	CREATIVE POLYTEX PRIVATE LIMITED	Director	07/01/1991	07/01/1991	-	Active	NO
11	U18101MH1991PTC062720	CREATIVE TEXTILE MILLS PRIVATE LIMITED	Director	29/07/1991	29/07/1991	-	Amalgamated	NO
12	U17113MH1995PTC084818	CREATIVE WOOLLEN MILLS PRIVATE LIMITED	Director	20/01/1995	20/01/1995	-	Active	NO
13	U74899DL1978NPL008877	APPAREL EXPORT PROMOTION COUNCIL.	Director	30/09/2010	30/09/1995	-	Active	NO
14	U17100MH1996PTC102875	CREATIVE TEXTILE MILLS PRIVATE LIMITED	Director	19/10/1996	19/10/1996	-	Active	NO
15	U67120MH1996PTC102710	CREATIVE GLOBAL STOCK BROKING PRIVATE LIMITED	Director	07/02/1998	07/02/1998	-	Active	NO
16	U74999MH1987PTC044924	APPAREL MEDIA PVT LTD	Director	02/08/2000	02/08/2000	-	Active	NO
17	U17110MH2001PTC131545	SONAL APPAREL PRIVATE LIMITED	Director	30/09/2002	30/09/2002	-	Active	NO
18	U51310MH2002PTC137955	CG INTERTRADE PRIVATE LIMITED	Director	22/11/2002	22/11/2002	-	Active	NO
19	U72200MH1986PTC039861	MICRO CHIP CONSULTANTS (BOMBAY) PRIVATE LIMITED	Director	07/04/2003	07/04/2003	-	Active	NO
20	U36900MH2003PTC142381	CREATIVE LIVING (INDIA) PRIVATE LIMITED	Director	25/09/2003	25/09/2003	-	Active	NO
21	U72200MH2004PTC143958	CREATIVE GLOBAL SERVICES PRIVATE LIMITED	Director	12/01/2004	12/01/2004	-	Active	NO
22	U17114MH2000PTC125845	CREATIVE HOME FURNISHING INTERNATIONAL PRIVATE LIMITED	Director	01/07/2004	01/07/2004	-	Active	NO
23	U34101MH2004PTC148617	DC CREATIVE AUTO DESIGNS PRIVATE LIMITED	Director	15/09/2004	15/09/2004	30/04/2010	Active	NO
24	L24302RJ1976PLC001684	BANSWARA SYNTEX LIMITED	Director	27/10/2004	27/10/2004	-	Active	NO
25	U99999MH1993PTC072371	DILIP CHHABRIA DESIGN PRIVATE LIMITED	Director	10/03/2005	10/03/2005	-	Active	NO
26	U17120MH2005PTC150958	SYNTIS GARMENTS PRIVATE LIMITED	Director	15/04/2005	15/04/2005	-	Active	NO
27	U18101MH2005PTC156842	CREATIVE GARMENTS AND TEXTILES PRIVATE LIMITED	Director	19/10/2005	19/10/2005	-	Active	NO
28	U18101MH2005PTC157121	ELEMENT SEVEN GARMENT AND TEXTILES PRIVATE LIMITED	Director	05/11/2005	05/11/2005	-	Active	NO
29	U17120MH2005PTC152915	PANTHEON TEXTILES PRIVATE LIMITED	Director	30/10/2006	07/11/2005	-	Active	NO
30	U18101MH2005PTC157231	KARL HOGAN CLOTHING PRIVATE LIMITED	Director	10/11/2005	10/11/2005	-	Active	NO
31	U45202MH2002PTC166675	KASTURI LANDMARKS PRIVATE LIMITED	Director	23/11/2005	23/11/2005	-	Converted to LLP and dissolved	NO
32	U45200MH2005PTC157691	NEON BUILDERS PRIVATE LIMITED	Director	30/11/2005	30/11/2005	-	Active	NO
33	U45200MH2005PTC157683	FANTASIA BUILDERS PRIVATE LIMITED	Director	30/11/2005	30/11/2005	30/03/2012	Active	NO
34	U45200MH2005PTC157726	GLADIATOR DEVELOPERS ANDREALTORS PRIVATE LIMITED	Director	01/12/2005	01/12/2005	-	Converted to LLP and dissolved	NO
35	U70100MH2005PTC157724	GRIFFIN REAL ESTATES PRIVATE LIMITED	Director	01/12/2005	01/12/2005	-	Active	NO
36	U72100MH2005PTC157725	ENIGMA REALTORS PRIVATE LIMITED	Director	01/12/2005	01/12/2005	08/04/2008	Active	NO
37	U70100MH2006PTC158958	HARMONY LANDMARKS AND REAL ESTATE PRIVATE LIMITED	Director	17/01/2006	17/01/2006	16/03/2012	Active	NO
38	U70100GJ2006PTC066218	NUCLEUS DEVELOPERS PRIVATE LIMITED	Director	15/02/2006	15/02/2006	-	Active	NO
39	U70100MH2006PTC159758	PRISIM PROPERTIES PRIVATE LIMITED	Director	15/02/2006	15/02/2006	-	Converted to LLP and dissolved	NO
40	U45200MH2006PTC159798	YATI DEVELOPERS PRIVATE LIMITED	Director	16/02/2006	16/02/2006	-	Active	NO
41	U92199MH2006PLC159800	WINSOME PROPERTIES LIMITED	Director	16/02/2006	16/02/2006	30/03/2012	Active	NO
42	U45200MH2006PTC160021	DREAM WISDOM CONSTRUCTION COMPANY PRIVATE LIMITED	Director	24/02/2006	24/02/2006	-	Active	NO
43	U17120MH2005PTC150951	SYNTIS TEXTILES PRIVATE LIMITED	Director	01/08/2006	01/08/2006	-	Active	NO
44	U17120MH2005PTC150952	BEOND TEXTILES PRIVATE LIMITED	Director	01/08/2006	01/08/2006	-	Converted to LLP and dissolved	NO
45	U17120KA2005PTC051101	ONE UP GARMENTS PRIVATE LIMITED	Director	01/08/2006	01/08/2006	20/06/2008	Active	NO
46	U45201MH2006PLC163488	RAVIRAJ CREATIVE INFRASTRUCTURE LIMITED	Director	02/08/2006	02/08/2006	-	Active	NO
47	U17120MH1967PLC013669	CONFEDERATION OF INDIAN TEXTILE INDUSTRY	Director	20/09/2006	20/09/2006	19/01/2008	Active	NO
48	U24129UP2001PTC025857	F.I.FERTILIZERS PRIVATE LIMITED	Director	20/08/2007	20/08/2007	-	Active	NO
49	U17210MH2008PTC177917	CREATIVE PORTICO PRIVATE LIMITED	Director	18/01/2008	18/01/2008	-	Active	NO
50	U24110UP2007PLC034049	NEXT GEN BIOFERTILIZERS LIMITED	Director	30/04/2008	30/04/2008	31/03/2012	Active	YES
51	U45200PN2009PTC135153	RAVIRAJ BOKADIA CREATIVE DEVELOPERS INDIA PRIVATE LIMITED	Director	14/12/2009	14/12/2009	-	Active	NO
52	U74900MH2010PTC208241	NUCLEUS BUILDERS PRIVATE LIMITED	Director	26/09/2010	26/09/2010	-	Active	NO
53	U74900MH2010PTC208238	MARVEL BUILDERS PRIVATE LIMITED	Director	26/09/2010	26/09/2010	-	Active	NO
54	U17291MH2011PTC222249	FARM COT FIBER PRIVATE LIMITED	Director	25/09/2012	13/07/2012	-	Active	NO
55	U18101MH1982PTC028387	FASHION MIST GARMENTS PRIVATE LIMITED	Director	01/03/2013	01/03/2013	-	Converted to LLP and dissolved	NO
56	AAB-4025	GLADIATOR DEVELOPERS ANDREALTORS LLP	Designated Partner	14/03/2013	14/03/2013	-	Active	NO
57	AAB-4333	PRISIM PROPERTIES LLP	Designated Partner	01/04/2013	01/04/2013	-	Active	NO
58	AAB-4746	BEOND TEXTILES LLP	Designated Partner	19/04/2013	19/04/2013	-	Active	NO
59	AAB-4865	FASHION MIST GARMENTS LLP	Designated Partner	26/04/2013	26/04/2013	-	Active	NO
60	AAB-6290	KASTURI LANDMARKS LLP	Designated Partner	04/07/2013	04/07/2013	-	Active	NO

Name :	Arunanshu Vijay Kumar Agarwal
Designation :	Director
Address :	93/B, Maker Tower, Cuffe Parade, Colaba, Mumbai-400005, Maharashtra, India
Date of Birth/Age :	15.06.1986
Date of Appointment :	10.07.2012
DIN No.:	00166400

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	U18101MH2005PTC157231	KARL HOGAN CLOTHING PRIVATE LIMITED	Director	14/11/2005	14/11/2005	-	Active	NO
2	U18101MH2005PTC157121	ELEMENT SEVEN GARMENT AND TEXTILES PRIVATE LIMITED	Director	28/12/2006	30/11/2005	-	Active	NO
3	U17120MH2005PTC152915	PANTHEON TEXTILES PRIVATE LIMITED	Director	30/10/2006	30/11/2005	-	Active	NO
4	U45200MH2005PTC157683	FANTASIA BUILDERS PRIVATE LIMITED	Director	14/09/2012	13/12/2005	-	Active	NO
5	U70100MH2005PTC157724	GRIFFIN REAL ESTATES PRIVATE LIMITED	Director	27/12/2006	13/12/2005	-	Active	NO
6	U45200MH2005PTC157691	NEON BUILDERS PRIVATE LIMITED	Director	28/12/2006	13/12/2005	-	Active	NO
7	U72100MH2005PTC157725	ENIGMA REALTORS PRIVATE LIMITED	Director	28/12/2006	13/12/2005	08/04/2008	Active	NO
8	U45200MH2005PTC157726	GLADIATOR DEVELOPERS ANDREALTORS PRIVATE LIMITED	Director	28/12/2006	13/12/2005	11/02/2013	Converted to LLP and dissolved	NO
9	U70100MH2006PTC158958	HARMONY LANDMARKS AND REAL ESTATE PRIVATE LIMITED	Director	27/12/2006	25/01/2006	-	Active	NO
10	U45200MH2006PTC159798	YATI DEVELOPERS PRIVATE LIMITED	Director	27/12/2006	02/03/2006	-	Active	NO
11	U70100GJ2006PTC066218	NUCLEUS DEVELOPERS PRIVATE LIMITED	Director	27/12/2006	02/03/2006	-	Active	NO
12	U45200MH2006PTC160021	DREAM WISDOM CONSTRUCTION COMPANY PRIVATE LIMITED	Director	02/03/2006	02/03/2006	-	Active	NO
13	U92199MH2006PLC159800	WINSOME PROPERTIES LIMITED	Director	26/09/2008	02/03/2006	-	Active	NO
14	U70100MH2006PTC159758	PRISIM PROPERTIES PRIVATE LIMITED	Director	02/03/2006	02/03/2006	11/02/2013	Converted to LLP and dissolved	NO
15	U01112UP2007PLC033771	HINDUSTAN BIOENERGY LIMITED	Director	21/08/2007	21/08/2007	-	Active	NO
16	U17100MH1996PTC102875	CREATIVE TEXTILE MILLS PRIVATE LIMITED	Director	29/09/2007	02/09/2007	-	Active	NO
17	U18101MH1984PTC033537	CREATIVE GARMENTS PRIVATE LIMITED	Director	29/09/2007	02/09/2007	-	Active	NO
18	U18101MH1991PTC062720	CREATIVE TEXTILE MILLS PRIVATE LIMITED	Director	18/09/2010	01/02/2010	-	Amalgamated	NO
19	U17110MH2001PTC131545	SONAL APPAREL PRIVATE LIMITED	Director	30/09/2010	02/03/2010	-	Active	NO
20	U34101MH2004PTC148617	DC CREATIVE AUTO DESIGNS PRIVATE LIMITED	Director	26/08/2010	30/04/2010	-	Active	NO
21	U18101MH2005PTC156842	CREATIVE GARMENTS AND TEXTILES PRIVATE LIMITED	Director	15/09/2010	18/05/2010	-	Active	NO
22	U36900MH2003PTC142381	CREATIVE LIVING (INDIA) PRIVATE LIMITED	Director	14/09/2010	19/06/2010	-	Active	NO
23	U74900MH2010PTC208241	NUCLEUS BUILDERS PRIVATE LIMITED	Director	26/09/2010	26/09/2010	-	Active	NO
24	U74900MH2010PTC208238	MARVEL BUILDERS PRIVATE LIMITED	Director	26/09/2010	26/09/2010	-	Active	NO
25	U40109AP2009PTC062483	VIATON ENERGY PRIVATE LIMITED	Director	30/09/2011	15/09/2011	-	Active	NO
26	U51310MH2002PTC137955	CG INTERTRADE PRIVATE LIMITED	Director	22/09/2012	20/03/2012	-	Active	NO
27	U17114MH2000PTC125845	CREATIVE HOME FURNISHING INTERNATIONAL PRIVATE LIMITED	Director	25/09/2012	24/03/2012	-	Active	NO
28	U17291MH2011PTC222249	FARM COT FIBER PRIVATE LIMITED	Director	25/09/2012	10/07/2012	-	Active	NO
29	U17210MH2008PTC177917	CREATIVE PORTICO PRIVATE LIMITED	Director	25/09/2012	10/07/2012	-	Active	NO
30	U17120MH2005PTC150951	SYNTIS TEXTILES PRIVATE LIMITED	Director	25/09/2012	30/08/2012	-	Active	NO
31	U74210MH2010PTC200672	ENCOMPASS DESIGN INDIA PRIVATE LIMITED	Director	13/09/2012	13/09/2012	-	Active	NO
32	U28999MH1987PTC045332	CREATIVE ANTI CORROSION PRIVATE LIMITED	Additional director	05/01/2013	05/01/2013	-	Active	NO
33	U17120MH1991PTC059699	CREATIVE POLYTEX PRIVATE LIMITED	Director	05/07/2013	08/03/2013	-	Active	NO
34	U17120MH2005PTC150958	SYNTIS GARMENTS PRIVATE LIMITED	Director	01/07/2013	25/03/2013	-	Active	NO
35	U67120MH1996PTC102710	CREATIVE GLOBAL STOCK BROKING PRIVATE LIMITED	Additional director	29/03/2013	29/03/2013	-	Active	NO
36	U45202MH2002PTC166675	KASTURI LANDMARKS PRIVATE LIMITED	Director	15/05/2013	30/04/2013	-	Converted to LLP and dissolved	NO
37	AAB-6290	KASTURI LANDMARKS LLP	Designated Partner	04/07/2013	04/07/2013	-	Active	NO
38	AAB-4746	BEOND TEXTILES LLP	Designated Partner	26/06/2013	26/06/2013	-	Active	NO
39	AAB-4865	FASHION MIST GARMENTS LLP	Designated Partner	26/06/2013	26/06/2013	-	Active	NO
40	AAB-4025	GLADIATOR DEVELOPERS ANDREALTORS LLP	Designated Partner	26/06/2013	26/06/2013	-	Active	NO

Name :	Mr. Virendra Prakash Solanke
Designation :	Director
Address :	Flat No.803, Marvel Exotica, Lane No.7, Koregaon Park, Pune-411001, Maharashtra, India
Date of Birth/Age :	30.09.1984
Date of Appointment :	21.09.2011
DIN No.:	03135994

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 25.09.2012

Names of Shareholders	No. of Shares
Virendra Prakash Solanke	5000
Arunanshu Vijay Kumar Agarwal	5000
TOTAL	10000

AS ON 25.09.2012

Equity Shares Break Up	Percentage of Holding
Directors or relatives of Directors	100.00
TOTAL	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer of yarns, cloth and fabric either from cotton or from any other material including synthetic and polyester yarn, silks and art silks, woolens and other materials

GENERAL INFORMATION

No. of Employees :	Not Available
Bankers :	State Bank of Hyderabad

Banking Relations :	--
Auditors :
Name :	Shankarlal Jain and Associates Chartered Accountant
Address :	12, Engineer Building, 265, Princess Street, Mumbai-400002, Maharashtra, India
Tel. No.:	91-22-22036623 / 22065739
Fax No.:	91-22-22086269
Website :	www.sljainindia.com
PAN No.:	AMVPS2163P

CAPITAL STRUCTURE

AS ON 31.03.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
1000000	Equity Shares	Rs.10/- each	Rs. 10.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	Rs.10/- each	Rs. 0.100 Million

AS ON 25.09.2012

Authorised Capital : Rs. 100.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	Rs.10/- each	Rs. 0.100 Million

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2012
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	0.100
(b) Reserves & Surplus	0.000
(c) Money received against share warrants	0.000
(2) Share Application money pending allotment	0.000
Total Shareholders’ Funds (1) + (2)	0.100
(3) Non-Current Liabilities
(a) long-term borrowings	0.000
(b) Deferred tax liabilities (Net)	0.000
(c) Other long term liabilities	0.000
(d) long-term provisions	0.000
Total Non-current Liabilities (3)	0.000
(4) Current Liabilities
(a) Short term borrowings	0.600
(b) Trade payables	0.000
(c) Other current liabilities	0.011
(d) Short-term provisions	0.000
Total Current Liabilities (4)	0.611
TOTAL	0.711
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	0.000
(ii) Intangible Assets	0.000
(iii) Capital work-in-progress	0.000
(iv) Intangible assets under development	0.000
(b) Non-current Investments	0.000
(c) Deferred tax assets (net)	0.000
(d) Long-term Loan and Advances	0.000
(e) Other Non-current assets	0.000
Total Non-Current Assets	0.000
(2) Current assets
(a) Current investments	0.000
(b) Inventories	0.000
(c) Trade receivables	0.000
(d) Cash and cash equivalents	0.121
(e) Short-term loans and advances	0.000
(f) Other current assets	0.590
Total Current Assets	0.711
TOTAL	0.711

KEY RATIOS

PARTICULARS	31.03.2012
Debt Equity Ratio (Total Debt /Networth)	6.00
Current Ratio (Current Asset/Current Liability)	1.16

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	No
12]	Profitability for last three years	No
13]	Reasons for variation <> 20%	-----
14]	Estimation for coming financial year	No
15]	Capital in the business	Yes
16]	Details of sister concerns	No
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

FACILITIES

Unsecured Loan	Rs. In Millions 31.03.2012
Short Term Borrowings
Interest free loans and advances from related parties (Repayable on demand)
Dharmendra S Sisodya	0.600
TOTAL	0.600

NOTE

Registered office has been shifted from Plot No H-103, Kailash Arcade Cannaught Place, Town Centre, CIDCO, Aurangabad-431003, Maharashtra, India to the present address w.e.f. 29.10.2012

FINANCIAL HIGHLIGHTS

Separate financial highlights have not been given since they are part of the accounts being circulated.

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. 61.74
UK Pound	1	Rs. 99.56
Euro	1	Rs. 83.54

INFORMATION DETAILS

Report Prepared by :

DPT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	2
PAID-UP CAPITAL	1~10	2
OPERATING SCALE	1~10	2
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	2
--PROFITABILIRY	1~10	2
--LIQUIDITY	1~10	2
--LEVERAGE	1~10	2
--RESERVES	1~10	2
--CREDIT LINES	1~10	2
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	NO
--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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		18

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.