MIRA INFORM REPORT

Report Date :

21.09.2013

IDENTIFICATION DETAILS

Name :	MAHARASHTRA HYBRID SEEDS COMPANY LIMITED
Registered Office :	Resham Bhavan, 4^th Floor, 78, Veer Nariman Road, Mumbai – 400020, Maharashtra
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	04.04.1970
Com. Reg. No.:	11-014600
Capital Investment / Paid-up Capital :	Rs. 293.048 Millions
CIN No.: [Company Identification No.]	U01100MH1970PLC014600
TAN No.: [Tax Deduction & Collection Account No.]	NSKM03615D / MUMM20351C
PAN No.: [Permanent Account No.]	AAACM2809C
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Manufacturer, Exporter and Importer of Agro Based Commodities.
No. of Employees :	1500 (Approximately)

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

RBI DEFAULTERS’ LIST STATUS

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

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

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

INFORMATION PARTED BY

Name :	Mr. Manoj
Designation :	Export -Import Manager
Contact No.:	91-9820006576

LOCATIONS

Registered Office/Factory :	Resham Bhavan, 4^th Floor, 78, Veer Nariman Road, Mumbai – 400 020, Maharashtra
Tel. No.:	91-22-30273025 / 30273013
Mobile No.:	91-9820006576 (Mr. Manoj Mehta)
Fax No.:	91-22-22047871
E-Mail :	khozem.poonawala@mahyco.com raju.barwale@mahyco.com info@mahyco.com manisha.vhatkar@mahyco.com
Website	http://www.mahyco.com
Location :	Owned

DIRECTORS

As on 24.07.2012

Name :

Mr. Badrinarayan Ramulal Barwale

Designation :

Chairman

Address :

72-B, Urvashi, Petit Hall, Napeansea Road, Mumbai – 400 006, Maharashtra, India

Date of Birth/Age :

13.08.1931

Date of Appointment :

04.05.1970

DIN No.:

00001479

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	U01100MH1970PLC014600	MAHARASHTRA HYBRID SEEDS COMPANY LIMITED	Director	04/05/1970	04/05/1970	-	Active	NO
2	U01110MH1972PLC015630	JALNA SEEDS PROCESSING AND REFRIGERATION COMPANY LIMITED	Director	23/12/1978	23/12/1978	-	Active	NO
3	U99999MH1958PTC011014	AMRITLAL CHEMAUX PRIVATE LIMITED	Director	25/08/1982	25/08/1982	-	Active	NO
4	U24110MH1984PTC034809	MARATHAWADA REALTORS PRIVATE LIMITED	Director	14/12/1984	14/12/1984	14/11/2007	Active	NO
5	L99999MH1982PLC026903	SHRENUJ AND COMPANY LIMITED	Director	17/09/1987	17/09/1987	-	Active	NO
6	U73100MH1987GAP042298	BARWALE FOUNDATION	Director	21/10/1987	21/10/1987	-	Active	NO
7	U65990MH1990PTC055398	ALMET HEALTHCARE PRIVATE LIMITED	Director	12/02/1990	12/02/1990	-	Active	NO
8	U67120MH1990PTC055473	HARIRANI INVESTMENT AND TRADING PRIVATE LIMITED	Director	15/02/1990	15/02/1990	-	Active	NO
9	U67120MH1990PTC055474	HARBHAJAN INVESTMENT AND TRADING PRIVATE LIMITED	Director	15/02/1990	15/02/1990	-	Active	NO
10	U65990MH1990PTC055475	DUDHNA INVESTMENT AND TRADING PRIVATE LIMITED	Director	15/02/1990	15/02/1990	-	Active	NO
11	U65990MH1990PTC055470	RAJUR GANAPATI INVESTMENT AND TRADING PRIVATE LIMITED	Director	15/02/1990	15/02/1990	-	Active	NO
12	U67120MH1990PTC055592	JOHN FOWLER OCULAR LENSES PRIVATE LIMITED	Director	28/02/1990	28/02/1990	-	Active	NO
13	U73200MH1986NPL041521	CENTRE FOR ADVANCEMENT OF PHILANTHROPY.	Director	08/12/1990	08/12/1990	18/09/2009	Active	NO
14	U29100MH1953PTC009189	JOHN FOWLER (INDIA) PRIVATE LIMITED	Director	25/03/1991	25/03/1991	-	Active	NO
15	U70101MH1939PTC002945	SOMAIYA PROPERTIES AND INVESTMENTS PRIVATE LIMITED	Director	04/08/1993	04/08/1993	24/04/2009	Active	NO
16	U85100MH1995PTC094853	JOHN FOWLER OPHTHALMICS PRIVATE LIMITED	Director	29/11/1995	29/11/1995	14/11/2007	Active	NO
17	U65990MH1996PLC099431	GANGABISHAN BHIKULAL INVESTMENT AND TRADING LIMITED	Director	10/05/1996	10/05/1996	-	Active	NO
18	U73100MH1997PLC111505	MAHYCO MONSANTO BIOTECH (INDIA) LIMITED	Director	23/10/1997	23/10/1997	-	Active	NO
19	U29219MH1998PTC115973	DICKINSON FOWLER PRIVATE LIMITED	Director	27/07/1998	27/07/1998	-	Active	NO
20	U01120MH1999PLC122855	MAHYCO VEGETABLE SEEDS LIMITED	Director	01/12/1999	01/12/1999	-	Amalgamated	NO
21	U74999MH2000PTC123855	FOWLER WESTRUP (INDIA) PRIVATE LIMITED	Director	27/01/2000	27/01/2000	-	Active	NO
22	U91990MH2001NPL133451	MAHARAJA AGRESEN FOUNDATION	Director	24/09/2001	24/09/2001	-	Active	NO
23	U40107MH1995PLC084203	MAHYCO SEEDS LIMITED	Director	20/08/2002	20/08/2002	-	Amalgamated	NO
24	U74999MH1991PLC061969	SUNGRO SEEDS LIMITED	Director	28/10/2005	28/10/2005	-	Active	NO
25	U67120MH2006PTC159783	BARWALE INVESTMENT AND TRADING PRIVATE LIMITED	Director	16/02/2006	16/02/2006	-	Amalgamated	NO
26	U65990MH1990PTC055515	MARATHAWADA ENGINEERS PRIVATE LIMITED	Director	30/09/2008	28/04/2008	-	Active	NO
27	U73100MH2009PTC191681	NANOPHORE LIFE SCIENCES PRIVATE LIMITED	Director	15/04/2009	15/04/2009	13/09/2012	Strike off	NO
28	U67120MH1956PLC009707	GODAVARI BIOREFINERIES LIMITED	Director	12/08/2009	24/04/2009	-	Active	NO

Name :

Mr. Rajendra Badrinarayan Barwale

Designation :

Managing Director

Address :

72-B, Urvashi, Petit Hall, Napeansea Road, Mumbai – 400 006, Maharashtra, India

Date of Birth/Age :

12.12.1955

Date of Appointment :

18.08.2008

DIN No.:

00001678

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	U01110MH1978PTC020708	BARWALE SEEDS PRIVATE LIMITED	Director	19/10/1978	19/10/1978	-	Active	NO
2	U01110MH1972PLC015630	JALNA SEEDS PROCESSING AND REFRIGERATION COMPANY LIMITED	Director	23/12/1978	23/12/1978	-	Active	NO
3	U24110MH1984PTC034809	MARATHAWADA REALTORS PRIVATE LIMITED	Director	26/02/1985	26/02/1985	14/11/2007	Active	NO
4	U73100MH1987GAP042298	BARWALE FOUNDATION	Director	21/10/1987	21/10/1987	-	Active	NO
5	U29290MH1960PLC059367	ALMET CORPORATION LIMITED	Director	14/09/1989	14/09/1989	14/11/2007	Active	NO
6	U65990MH1990PTC055402	NEEMUCH INVESTMENT AND TRADING PRIVATE LIMITED	Director	12/02/1990	12/02/1990	-	Active	NO
7	U65990MH1990PTC055398	Almet Healthcare Private Limited	Director	12/02/1990	12/02/1990	-	Active	NO
8	U65990MH1990PTC055468	JAMWADI INVESTMENT AND TRADING PRIVATE LIMITED	Director	15/02/1990	15/02/1990	-	Active	NO
9	U67120MH1990PTC055473	HARIRANI INVESTMENT AND TRADING PRIVATE LIMITED	Director	15/02/1990	15/02/1990	-	Active	NO
10	U65990MH1990PTC055467	AKSHNISHIT INVESTMENT AND TRADING PRIVATE LIMITED	Director	15/02/1990	15/02/1990	-	Active	NO
11	U67120MH1990PTC055474	HARBHAJAN INVESTMENT AND TRADING PRIVATE LIMITED	Director	15/02/1990	15/02/1990	-	Active	NO
12	U65990MH1990PTC055475	DUDHNA INVESTMENT AND TRADING PRIVATE LIMITED	Director	15/02/1990	15/02/1990	-	Active	NO
13	U65990MH1990PTC055470	RAJUR GANAPATI INVESTMENT AND TRADING PRIVATE LIMITED	Director	15/02/1990	15/02/1990	-	Active	NO
14	U67120MH1990PTC055472	NIDHONA INVESTMENT AND TRADING PRIVATE LIMITED	Director	15/02/1990	15/02/1990	-	Active	NO
15	U65990MH1990PTC055515	MARATHAWADA ENGINEERS PRIVATE LIMITED	Director	20/02/1990	20/02/1990	-	Active	NO
16	U67120MH1990PTC055591	CHITTODA INVESTMENT AND TRADING PRIVATE LIMITED	Director	28/02/1990	28/02/1990	-	Active	NO
17	U67120MH1990PTC055592	JOHN FOWLER OCULAR LENSES PRIVATE LIMITED	Director	28/02/1990	28/02/1990	-	Active	NO
18	U29100MH1953PTC009189	JOHN FOWLER (INDIA) PRIVATE LIMITED	Director	25/03/1991	25/03/1991	-	Active	NO
19	U31503KA1987PTC008336	R.B.ASSOCIATES PRIVATE LIMITED	Director	16/03/1993	16/03/1993	-	Active	NO
20	U85100MH1995PTC094853	JOHN FOWLER OPHTHALMICS PRIVATE LIMITED	Director	29/11/1995	29/11/1995	14/11/2007	Active	NO
21	U65990MH1996PLC099431	GANGABISHAN BHIKULAL INVESTMENT AND TRADING LIMITED	Director	10/05/1996	10/05/1996	-	Active	NO
22	U74899DL1991PLC044605	SUNGRO SEED EXPORTS LIMITED	Director	29/07/1996	29/07/1996	-	Amalgamated	NO
23	U01135JK1973PLC000388	SUNGRO SEEDS RESEARCH LIMITED	Director	29/07/1996	29/07/1996	-	Amalgamated	NO
24	U73100MH1997PLC111505	MAHYCO MONSANTO BIOTECH (INDIA) LIMITED	Director	23/10/1997	23/10/1997	-	Active	NO
25	U29219MH1998PTC115973	DICKINSON FOWLER PRIVATE LIMITED	Director	27/07/1998	27/07/1998	-	Active	NO
26	U01120MH1999PLC122855	MAHYCO VEGETABLE SEEDS LIMITED	Director	01/12/1999	01/12/1999	-	Amalgamated	NO
27	U74999MH1972PLC015791	SEED TRADE ASSOCIATION OF MAHARASHTRA LIMITED	Director	22/11/2000	22/11/2000	-	Strike off	NO
28	U74999MH2000PTC123855	FOWLER WESTRUP (INDIA) PRIVATE LIMITED	Director	05/02/2001	05/02/2001	-	Active	NO
29	U01110MH1992NPL066942	ASSOCIATION OF SEED INDUSTRY	Director	09/10/2001	09/10/2001	-	Active	NO
30	U40107MH1995PLC084203	MAHYCO SEEDS LIMITED	Managing director	07/03/2008	07/03/2003	-	Amalgamated	NO
31	U01100MH1970PLC014600	MAHARASHTRA HYBRID SEEDS COMPANY LIMITED	Managing director	18/08/2008	18/08/2003	-	Active	NO
32	U73100DL1990PLC041486	BIOTECH CONSORTIUM INDIA LIMITED	Director	24/11/2003	24/11/2003	-	Active	NO
33	U30007KA1998PTC024374	S.R. NOVA PRIVATE LIMITED	Director	24/06/2004	24/06/2004	-	Active	NO
34	U91990MH2005NPL153954	INDIAN FOUNDATION SEED AND SERVICES ASSOCIATION	Director	14/06/2005	14/06/2005	-	Active	NO
35	U74999MH1991PLC061969	SUNGRO SEEDS LIMITED	Director	28/10/2005	28/10/2005	-	Active	NO
36	U67120MH2006PTC159783	BARWALE INVESTMENT AND TRADING PRIVATE LIMITED	Director	16/02/2006	16/02/2006	-	Amalgamated	NO
37	U72200KA2001PTC069316	TECHSET COMPOSITION INDIA PRIVATE LIMITED	Director	27/09/2007	29/08/2007	-	Active	NO
38	U73100MH2009PTC191681	NANOPHORE LIFE SCIENCES PRIVATE LIMITED	Director	15/04/2009	15/04/2009	-	Strike off	NO
39	U15100MH2004PLC148387	TUNIP AGRO LIMITED	Director	24/12/2010	25/10/2010	-	Active	NO
40	U80302PN2001PLC135348	MAHARASHTRA KNOWLEDGE CORPORATION LIMITED	Director appointed in casual vacancy	15/01/2011	15/01/2011	-	Active	NO

Name :

Mr. Shyamsunder Gopilalji Agrawal

Designation :

Deputy Managing Director

Address :

62, Jolly Maker, Apartment No. 11, Opposite World Trade Centre, Cuffe Parade, Mumbai – 400 005, Maharashtra, India

Date of Birth/Age :

02.12.1940

Date of Appointment :

07.03.2013

DIN No.:

00001949

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	U01135JK1973PLC000388	SUNGRO SEEDS RESEARCH LIMITED	Director	29/07/1996	29/07/1996	-	Amalgamated	NO
2	U74899DL1991PLC044605	SUNGRO SEED EXPORTS LIMITED	Director	29/07/1996	29/07/1996	-	Amalgamated	NO
3	U73100MH1997PLC111505	MAHYCO MONSANTO BIOTECH (INDIA) LIMITED	Director	23/10/1997	23/10/1997	-	Active	NO
4	U01120MH1999PLC122855	MAHYCO VEGETABLE SEEDS LIMITED	Director	01/12/1999	01/12/1999	-	Amalgamated	NO
5	U01100MH1970PLC014600	MAHARASHTRA HYBRID SEEDS COMPANY LIMITED	Managing director	07/03/2013	07/03/2003	-	Active	NO
6	U40107MH1995PLC084203	MAHYCO SEEDS LIMITED	Whole-time director	07/03/2008	07/03/2003	-	Amalgamated	NO
7	U74999MH1991PLC061969	SUNGRO SEEDS LIMITED	Director	28/10/2005	28/10/2005	-	Active	NO
8	U67120MH2006PTC159783	BARWALE INVESTMENT AND TRADING PRIVATE LIMITED	Director	16/02/2006	16/02/2006	-	Amalgamated	NO
9	U85100MH1995PTC094853	JOHN FOWLER OPHTHALMICS PRIVATE LIMITED	Alternate director	14/11/2007	14/11/2007	25/12/2007	Active	NO
10	U24110MH1984PTC034809	MARATHAWADA REALTORS PRIVATE LIMITED	Alternate director	14/11/2007	14/11/2007	25/12/2007	Active	NO
11	U29290MH1960PLC059367	ALMET CORPORATION LIMITED	Alternate director	14/11/2007	14/11/2007	25/12/2007	Active	NO
12	U65990MH1990PTC055515	MARATHAWADA ENGINEERS PRIVATE LIMITED	Director	30/09/2008	28/04/2008	-	Active	NO

Name :

Mrs. Usha Brent Zehr

Designation :

Whole Time Director

Address :

Mahyco Life Research Centre, Dawalwadi, Jalna – 431 203, Maharashtra, India

Date of Birth/Age :

28.11.1961

Date of Appointment :

01.11.2008

DIN No.:

00002982

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	U73100MH1987GAP042298	BARWALE FOUNDATION	Director	17/04/1989	17/04/1989	-	Active	NO
2	U65990MH1996PLC099431	GANGABISHAN BHIKULAL INVESTMENT AND TRADING LIMITED	Director	27/10/1998	27/10/1998	-	Active	NO
3	U01100MH1970PLC014600	MAHARASHTRA HYBRID SEEDS COMPANY LIMITED	Whole-time director	01/11/2008	29/06/2000	-	Active	NO
4	U01120MH1999PLC122855	MAHYCO VEGETABLE SEEDS LIMITED	Director	03/11/2000	03/11/2000	-	Amalgamated	NO
5	U40107MH1995PLC084203	MAHYCO SEEDS LIMITED	Director	20/08/2002	20/08/2002	-	Amalgamated	NO
6	U73100MH2009PTC191681	NANOPHORE LIFE SCIENCES PRIVATE LIMITED	Director	24/09/2010	03/07/2009	13/09/2012	Strike off	NO
7	U73100DL2012NPL241498	IRRI FOUNDATION INDIA	Director	03/09/2012	03/09/2012	-	Active	NO

Name :

Mr. Shirish Rajendra Barwale

Designation :

Whole Time Director

Address :

72-B, Urvashi, Petit Hall, Napeansea Road, Mumbai – 400006, Maharashtra, India

Date of Birth/Age :

24.02.1982

Date of Appointment :

24.01.2013

DIN No :

00152584

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	U67120MH2006PTC159783	BARWALE INVESTMENT AND TRADING PRIVATE LIMITED	Director	15/06/2006	15/06/2006	-	Amalgamated	NO
2	U01409MP1997PLC011544	EAGLE SEEDS AND BIOTECH LIMITED	Director	30/09/2006	16/06/2006	29/01/2008	Active	NO
3	U65990MH1996PLC099431	GANGABISHAN BHIKULAL INVESTMENT AND TRADING LIMITED	Director	19/06/2006	19/06/2006	-	Active	NO
4	U67120MH1990PTC055472	NIDHONA INVESTMENT AND TRADING PRIVATE LIMITED	Director	24/06/2006	24/06/2006	-	Active	NO
5	U65990MH1990PTC055467	AKSHNISHIT INVESTMENT AND TRADING PRIVATE LIMITED	Director	24/06/2006	24/06/2006	-	Active	NO
6	U65990MH1990PTC055515	MARATHAWADA ENGINEERS PRIVATE LIMITED	Director	24/06/2006	24/06/2006	-	Active	NO
7	U24110MH1984PTC034809	MARATHAWADA REALTORS PRIVATE LIMITED	Director	02/08/2006	02/08/2006	04/11/2011	Active	NO
8	U29290MH1960PLC059367	ALMET CORPORATION LIMITED	Director	29/09/2008	14/11/2007	04/11/2011	Active	NO
9	U85100MH1995PTC094853	JOHN FOWLER OPHTHALMICS PRIVATE LIMITED	Director	29/09/2008	14/11/2007	-	Active	NO
10	U40107MH1995PLC084203	MAHYCO SEEDS LIMITED	Whole-time director	24/01/2008	24/01/2008	-	Amalgamated	NO
11	U01100MH1970PLC014600	MAHARASHTRA HYBRID SEEDS COMPANY LIMITED	Whole-time director	24/01/2013	24/01/2008	-	Active	NO
12	U74899MH1993PTC192449	SEVEN STAR FRUITS PRIVATE LIMITED	Director	12/08/2008	24/06/2008	16/11/2009	Active	NO
13	U72300MH2008PTC178494	EXCELIZE ARCHITECTURAL SERVICES PRIVATE LIMITED	Additional director	18/07/2008	18/07/2008	20/08/2010	Active	NO
14	U72200MH2004PTC148501	EXCELIZE SOFTWARE PRIVATE LIMITED	Additional director	18/07/2008	18/07/2008	20/08/2010	Active	NO
15	U73100MH2009PTC191681	NANOPHORE LIFE SCIENCES PRIVATE LIMITED	Director	15/04/2009	15/04/2009	-	Strike off	NO
16	U74999MH1991PLC061969	SUNGRO SEEDS LIMITED	Director	21/07/2009	20/06/2009	-	Active	NO
17	U21000MH1976PTC019318	SWIFT PAPER MILLS COMPANY PRIVATE LIMITED	Additional director	22/02/2013	22/02/2013	-	Active	NO

Name :

Mr. Richard Gerald Gaudet

Designation :

Independent Director

Address :

2202, Stoneridge Terrace, Chesterfirld, MO 63017

Date of Birth/Age :

28.05.1955

Date of Appointment :

09.08.2011

DIN No :

02953178

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	U01100MH1970PLC014600	MAHARASHTRA HYBRID SEEDS COMPANY LIMITED	Director	09/08/2011	25/01/2010	-	Active	NO
2	U73100MH1997PLC111505	MAHYCO MONSANTO BIOTECH (INDIA) LIMITED	Director	17/07/2012	25/01/2010	-	Active	NO

Name :

Mr. Amitabh Jaipuria

Designation :

Alternate Director

Address :

501, Shiv Amrut –A, Shiv Shakti Complex, Kalyan, Thane – 421301, Maharashtra, India

Date of Birth/Age :

15.05.1966

Date of Appointment :

25.01.2010

DIN No :

01864871

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	L74999MH1949PLC007912	MONSANTO INDIA LIMITED	Managing director	01/11/2010	01/11/2007	28/02/2013	Active	NO
2	U01100MH1970PLC014600	MAHARASHTRA HYBRID SEEDS COMPANY LIMITED	Alternate director	25/01/2010	25/01/2010	17/04/2013	Active	NO

Name :

Mr. Sekhar Manakkal Natarajan

Designation :

Director

Address :

No.17, Gauri Giridhar Road No.2, Pestom Sagar, Chembur, Mumbai-400089, Maharashtra, India

Date of Birth/Age :

14.12.1953

Date of Appointment :

09.08.2011

DIN No :

01031445

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	L74999MH1949PLC007912	MONSANTO INDIA LIMITED	Director	01/12/2006	01/12/2006	-	Active	NO
2	U01120MH1999PLC122855	MAHYCO VEGETABLE SEEDS LIMITED	Director appointed in casual vacancy	16/01/2007	16/01/2007	-	Amalgamated	NO
3	U73100MH1997PLC111505	MAHYCO MONSANTO BIOTECH (INDIA) LIMITED	Director	31/08/2007	16/01/2007	16/11/2010	Active	NO
4	U01100MH1970PLC014600	MAHARASHTRA HYBRID SEEDS COMPANY LIMITED	Director	09/08/2011	16/01/2007	-	Active	NO
5	U40107MH1995PLC084203	MAHYCO SEEDS LIMITED	Director	31/08/2007	16/01/2007	-	Amalgamated	NO
6	U91110DL1980GAP216937	CROPLIFE INDIA	Director	28/09/2007	28/09/2007	-	Active	NO
7	L74140PN1986PLC041033	ACCELYA KALE SOLUTIONS LIMITED	Director	08/11/2011	07/07/2011	-	Active	NO
8	L85190MH1947PLC005963	WYETH LIMITED	Director	02/08/2012	05/08/2011	-	Active	NO

Name :

Mr. Narain Pattabhiram Duraiswami

Designation :

Director appointed in Casual Vacancy

Address :

Quantum Park, A Wing, 8^th Floor, Flat No.803-804, Union Park, Khar (West), Mumbai-400052, Maharashtra, India

Date of Birth/Age :

29.04.1963

Date of Appointment :

24.07.2012

DIN No :

03310642

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	U73100MH1997PLC111505	MAHYCO MONSANTO BIOTECH (INDIA) LIMITED	Director	09/08/2011	16/11/2010	-	Active	NO
2	U01100MH1970PLC014600	MAHARASHTRA HYBRID SEEDS COMPANY LIMITED	Director	24/07/2012	16/11/2010	-	Active	NO

Name :

Mr. Abdul Alim Rajabali Sayed

Designation :

Director appointed in casual vacancy

Address :

B/71, Iris Park, Patel Estate Raod, Jogeshwari (Wast), Mumbai – 400102, Maharashtra, India

Date of Birth/Age :

25.08.1972

Date of Appointment :

01.07.2012

DIN No :

01976457

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
1	U85110KA1998PTC024039	PARRY MONSANTO SEEDS PRIVATE LIMITED	Additional director	28/12/2007	28/12/2007	-	Active
2	U73100MH1997PLC111505	MAHYCO MONSANTO BIOTECH (INDIA) LIMITED	Whole-time director	21/05/2013	20/06/2012	-	Active
3	U01100MH1970PLC014600	MAHARASHTRA HYBRID SEEDS COMPANY LIMITED	Director appointed in casual vacancy	01/07/2012	01/07/2012	-	Active

KEY EXECUTIVES

Name :	Uma Ramaswamy
Designation :	Company Secretary
Address :	C 503, Nirman Bihar, Pump House, Andheri – (East), Mumbai – 400093, Maharashtra, India
Date of Birth/Age :	03.10.1962
Date of Appointment :	01.05.2012
Pan No.:	ABTPR2029L
Name :	Mr. Manoj
Designation :	Export -Import Manager

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 24.07.2012

Names of Shareholders Class A	No. of Shares
Usha Brent Zehr	260224
Harirani Investment and Trading Private Limited, India	4277042
Almet Healthcare Private Limited, India	320622
John Fowler Ocular Lenses Private Limited, India	535418
Monsanto Holdings Private Limited, India	2285754
Badrinarayan Ramulal Barwale	331784
Rajendra Badrinarayan Barwale	780668
Sandeep Kulkarni	8
TOTAL	8791520

Names of Shareholders Class B1	No. of Shares
Monsanto Holdings Private Limited, India	761904
TOTAL	761904

Names of Shareholders Class B2	No. of Shares
Usha Brent Zehr	86740
Harirani Investment and Trading Private Limited, India	1588194
Almet Healthcare Private Limited, India	108500
John Fowler Ocular Lenses Private Limited, India	14250
Badrinarayan Ramulal Barwale	110592
Rajendra Badrinarayan Barwale	260220
TOTAL	2168496

Equity Share Break up (Percentage of Total Equity)

As on 24.07.2012

Category	Percentage
Bodies corporate	84.39
Directors or relatives of Directors	15.61
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer, Exporter and Importer of Agro Based Commodities.

Products :

Product Description	ITC Code
Cotton Seeds	12072000
Chilli Seeds	12099190
Bhendi Seeds	12099190

Exports :

Products :

Agro Based Commodities

Countries :

• Europe
• Japan
• Middle East Asian Countries

Imports :

Products :

Agro Based Commodities

Countries :

• USA
• Asia

Terms :

Selling :

Cash and Credit

Purchasing :

Cash and Credit

PRODUCTION STATUS (AS ON 31.03.2011)

Particulars	Installed Capacity	Actual Production
Seeds	343500	158490

GENERAL INFORMATION

Customers :

Wholesalers and Retailers

No. of Employees :

1500 (Approximately)

Bankers :

· Syndicate Bank

Backbay Reclamation, Motimahal, Mumbai – 400 020, Maharashtra, India

· Bank of India

Pune Corporate Banking Branch, 1162/6, Shivajinagar, University Road, Pune – 411005, Maharashtra, India

Facilities :

Secured Loan	31.03.2012 (Rs. in Millions)	31.03.2011 (Rs. in Millions)
Long-term Borrowings
Rupee term loans from banks (Secured against all movable assets created out of Bank Finance)	327.930	301.232
Rupee term loans from others (Secured against hypothecation of movable assets acquired out of the Loan)	9.590	9.590
Short-term borrowings
Rupee term loans from banks (Cash credit from Consortium banks)	79.392	4.311
Total	416.912	315.133

Banking Relations :	--
Auditors :
Name :	J K Doshi and Company Chartered Accountant
Address :	19 Khetan Bhavan, 198 Jamshedji Tata Road, Mumbai – 400 020, Maharashtra, India
PAN No.:	AAAFJ0776E
Name :	Ford, Rhodes, Parks and Company Chartered Accountant
Address :	312/313, Sai Commercial Building, BKS Devshi Marg, Govandi, Mumbai-400088, Maharashtra, India
PAN No.:	AAAFF1843L
Holding company:	· Harirani Investment and Trading Private Limited
Related enterprises with whom transactions have taken place during the year:	· Sungro Seeds Limited, India (CIN: U74999MH1991PLC061969) · Deccan Plantations Private Limited · Almet Healthcare Private Limited (Formerly Almet Corporation Limited) · Barwale Seeds Private Limited · Leadbeter Seeds Private Limited · John Fowler (India) Private Limited · John Fowler Ocular Lenses Private Limited (Formerly John Fowler Opthalmics · Private Limited) · Marathwada Engineers Private Limited · Monsanto Holdings Private Limited · Barwale Foundation · Indian Foundation Seeds and Services Association · Fowler Westrup India Private Limited · Jalna Seed Processing and Refrigeration Company Limited. · Trust for Advancement of Agriculture Science · Vasantrao Naik Agriculture · Research & Rural Development Foundation · Shri Ganpati Netralaya (Mahyco Research Foundation Trust) · Harirani Investment and Trading Private Limited
Joint venture with whom Transactions have taken place during the year:	Mahyco Monsanto Biotech (India) Limited

CAPITAL STRUCTURE

As on 31.03.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
15200000	Class A Equity Shares	Rs. 25/- each	Rs. 380.000 millions
800000	Class B1 Equity Shares	Rs. 25/- each	Rs. 20.000 millions
2400000	Class B2 Equity Shares	Rs. 25/- each	Rs. 60.000 millions
20000000	Preference Shares	Rs. 10/- each	Rs. 200.000 millions
	TOTAL		Rs. 660.000 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
8791520	Class A Equity Shares	Rs. 25/- each	Rs. 219.788 millions
761904	Class B1 Equity Shares	Rs. 25/- each	Rs. 19.048 millions
2168496	Class B2 Equity Shares	Rs. 25/- each	Rs. 54.212 millions
	Total		Rs. 293.048 millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2012	31.03.2011
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	293.048	293.048
(b) Reserves & Surplus	3005.915	1853.929
(c) Money received against share warrants	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000
Total Shareholders’ Funds (1) + (2)	3298.963	2146.977
(3) Non-Current Liabilities
(a) long-term borrowings	337.520	310.822
(b) Deferred tax liabilities (Net)	465.399	445.155
(c) Other long term liabilities	0.000	0.000
(d) long-term provisions	134.835	129.399
(e) Foreign currency monetary item translation difference liability account	58.412	56.130
Total Non-current Liabilities (3)	996.166	941.506
(4) Current Liabilities
(a) Short term borrowings	79.392	5.588
(b) Trade payables	733.300	694.722
(c) Other current liabilities	2952.399	4736.241
(d) Short-term provisions	75.554	164.037
Total Current Liabilities (4)	3840.645	5600.588
TOTAL	8135.774	8689.071
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	1704.380	1203.736
(ii) Intangible Assets	29.459	26.885
(iii) Capital work-in-progress	28.150	327.898
(iv) Intangible assets under development	257.703	250.118
(b) Non-current Investments	445.986	346.538
(c) Deferred tax assets (net)	0.000	0.000
(d) Long-term Loan and Advances	106.743	121.827
(e) Other Non-current assets	0.030	0.024
Total Non-Current Assets	2572.451	2277.026
(2) Current assets
(a) Current investments	855.701	1538.808
(b) Inventories	2012.520	1704.210
(c) Trade receivables	246.362	131.465
(d) Cash and cash equivalents	248.562	1919.966
(e) Short-term loans and advances	2145.035	1032.032
(f) Other current assets	55.143	85.564
Total Current Assets	5563.323	6412.045
TOTAL	8135.774	8689.071

SOURCES OF FUNDS		31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		293.048
2] Share Application Money		0.000
3] Reserves & Surplus		1990.343
4] (Accumulated Losses)		0.000
NETWORTH		2283.391
LOAN FUNDS
1] Secured Loans		176.239
2] Unsecured Loans		1.277
TOTAL BORROWING		177.516
DEFERRED TAX LIABILITIES		331.859
Other Liabilities		0.500
TOTAL		2793.266
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		1294.338
Capital work-in-progress		169.745
INVESTMENT		850.029
DEFERREX TAX ASSETS		0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	1834.230
	Sundry Debtors	113.707
	Cash & Bank Balances	1135.283
	Other Current Assets	0.000
	Loans & Advances	946.622
Total Current Assets		4029.842
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	1133.526
	Other Current Liabilities	2090.647
	Provisions	326.515
Total Current Liabilities		3550.688
Net Current Assets		479.154
MISCELLANEOUS EXPENSES		0.000
TOTAL		2793.266

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011	31.03.2010
	SALES
		Income	5237.397	5156.296	4549.253
		Other Income	1630.365	1110.763	1156.749
		TOTAL (A)	6867.762	6267.059	5706.002
Less	EXPENSES
		Cost of materials consumed	1832.509	1304.657
		Purchases of stock-in-trade	0.509	0.671
		Changes in inventories of finished goods, work-in-progress and stock-in-trade	(295.869)	115.218
		Employee benefit expense	761.368	658.538
		Other expenses	2548.103	2554.424
		Prior period items	0.000	(23.122
		TOTAL (B)	4846.620	4610.386	4337.408
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		2021.142	1656.673	1368.594
Less	FINANCIAL EXPENSES (D)		56.241	31.304	12.880
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		1964.901	1625.369	1355.074
Less/ Add	DEPRECIATION/ AMORTISATION (F)		106.276	131.057	145.445
	PROFIT BEFORE TAX (E-F) (G)		1858.625	1494.312	1210.629
Less	TAX (H)		154.776	268.254	105.994
	PROFIT AFTER TAX (G-H) (I)		1703.849	1226.058	1104.275
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		629.121	888.414	284.132
Less	APPROPRIATIONS
		Interim Dividend Paid	293.044	0.000	34.862
		Interim Dividend Payable	181.688	1172.192	205.130
		Tax on Interim Dividends	77.013	190.159	21.294
		Transferred to General Reserve	170.500	123.000	110.500
		Proposed Dividend on Equity Shares	0.000	0.000	128.207
	BALANCE CARRIED TO THE B/S		1610.725	629.121	888.414
	EARNINGS IN FOREIGN CURRENCY
		FOB value of exports	47.621	40.133	38.874
		Research grant received	13.855	19.220	30.045
	TOTAL EARNINGS		61.476	59.353	68.919
	IMPORTS
	Seeds		NA	25.469	24.833
	Chemicals and Consumed		NA	5.214	1.308
	Capital Goods		NA	33.829	31.956
	TOTAL IMPORTS			64.512	58.097
	Earnings Per Share (Rs.)		145.36	104.60	94.21

Particulars	31.03.2013
Sales Turnover (Approximately)	6500.000

Expected Sales (2013-2014): Rs.8000.000 Millions

The above information has been parted by Mr. Manoj (Export -Import Manager)

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	24.81	195.84	19.35
Net Profit Margin (PBT/Sales)	(%)	35.49	28.98	26.61
Return on Total Assets (PBT/Total Assets}	(%)	25.10	19.25	22.74
Return on Investment (ROI) (PBT/Networth)		0.56	0.70	0.53
Debt Equity Ratio (Total Debt /Networth)		0.13	0.15	1.78
Current Ratio (Current Asset/Current Liability)		1.45	1.14	1.13

LOCAL AGENCY FURTHER INFORMATION

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

OPERATIONS:

Research and Development

The Company’s emphasis on product development to meet the customer needs using crop breeding as well as Biotechnology are ongoing. The company has identified and commercialized hybrids of Rice, Bajra, Cotton and Maize suitable for different market segments. Products with virus tolerance in okra and hybrids in chili for specific markets were also introduced. New products introduced in brinjal and tomato, have been well accepted in the market. In its efforts to focus research efforts on select crops, the company has also put more resources both human and financial to strengthen the wheat research program. The wheat and rice products have been extensively tested for their performance and results are encouraging.

Biotechnology research continued to focus on value addition by incorporating genes conferring important traits in key crop species during the year. During the year under review the Company continued joint research programs with various National/International Research Institutes/ Universities for development of new technologies.

The Company has continued to obtain No Objection Certificates for conducting field trials of GM products under development. The Company continues to work with the regulatory authorities to seek environmental clearance for Bt Brinjal.

The Company sees technology products helping in meeting the growing food demand in the country. Increase in productivity will have a number of benefits to all stakeholders from farmer to consumer.

The Company’s In-House R and D facilities and Research farms are recognized by the Department of Scientific and Industrial Research (DSIR), Ministry of Science & Technology, Government of India.

R and D Expansion

The company has expanded its capabilities in germplasm development and biotechnology with a view to commercialization of new technologies.

Additional lab and support services space at Dawalwadi and state of the art lab equipment have been completed and occupied for various Research activities.

Sales and Marketing

The Directors are pleased to report that the Company has further improved overall performance with growth in Revenue. Efforts to further rationalise costs has also helped in achieving better performance. The erratic and untimely rains have adversely affected seed production resulting in shortfall in availability of seeds, particularly specific hybrids of Cotton and Bajra seed.

Several of the hybrids with BG-II technology supplied by the Company continued to be preferred choice of the farmer. The company is well placed and confident to build on this farmer preference in years to come. The ps of both BG and BG-II hybrids continued to be regulated by different State Governments.

Field Crops business registered an increase of about 14% over the previous year largely due to improved realization and increased sales volumes of castor seeds. Marginal increase in turnover of Rice, Wheat, Mustard and Maize also contributed to turnover growth which could have been better if the Forage season had not been affected by the extended winter in northern India.

Vegetable business did well to register a growth over the previous year despite a difficult period of excessive and unusually prolonged cold season of Rabi. Brand refreshment initiative taken during the year improved the visibility of the Brand significantly. New market development initiatives in focus crops Chilli and Bhendi have been promising to help in improving the pace of growth of these products in the future.

The Company is in the process of undertaking trials of several new pipeline products in focused vegetable and field crops.

FINANCE:

The company enjoys prime rating with the Consortium of Banks and the rates being offered by them are in line with such ratings.

Fitch Ratings, Mumbai assigned a National Long-term rating of A(ind) with a stable outlook and A(ind)/F1(ind) to the company’s fund based / non-fund based facilities from the Consortium of its Bankers.

The expansion project has been completed on 31st March, 2012 with an outlay of Rs.870.000 Millions. As reported earlier, the Company was sanctioned Term Loan of Rs.1000.000 Millions by the consortium of Bankers for funding the R and D expansion project, against which the company has drawn Rs.670.000 Millions as on 31st March, 2012.

UNSECURED LOAN

PARTICULARS	31.03.2012 (Rs. in Millions)	31.03.2011 (Rs. in Millions)
Short-term borrowings
Rupee term loans from others	0.000	1.277
Total	0.000	1.277

FIXED ASSETS

Tangible assets

• Land
• Buildings
• Office building
• Plant and equipment
• Emission reduction equipment
• Other pollution reduction equipment
• Other plant and equipment
• Furniture and fixtures
• Vehicles
• Motor vehicles
• Office equipment
• Computer equipments

Intangible assets

• Trade marks
• Computer software
• Patents

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. 62.24
UK Pound	1	Rs. 99.89
Euro	1	Rs. 84.22

INFORMATION DETAILS

Information Gathered by :	PLV
Report Prepared by :	DPT

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.