MIRA INFORM REPORT

Report Date :

14.04.2014

IDENTIFICATION DETAILS

Name :	TR INVESTMENTS PRIVATE LIMITED
Registered Office :	C/o. V.K. Singhi, Flat No.9C, Geetanjali Apartment, 8B Middleton Street, Kolkata – 700071, West Bengal
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	02.06.1995
Com. Reg. No.:	21-110837
Capital Investment / Paid-up Capital :	Rs.16.077 Millions
CIN No.: [Company Identification No.]	U67120WB1995PTC110837
Legal Form :	Private Limited Liability Company
Line of Business :	Dealing in shares.
No. of Employees :	Not Divulged

RATING & COMMENTS

MIRA’s Rating :

B (32)

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

Maximum Credit Limit :	USD 1200000
Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having moderate track record. Company has incurred loss from its operation in the year 2013. However, trade relation are fair. Business is active. Payment terms are slow but correct. The company can be considered for business dealing with some caution.

NOTES:

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

ECGC Country Risk Classification List – December 1, 2013

Country Name	Previous Rating (30.09.2013)	Current Rating (01.12.2013)
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

India’s current account deficit for the fiscal third quarter ended September 2013 narrowed to $4.2 billion or 0.9 % of the gross domestic product from $31.9 billion or 6.5 % of GDP a year earlier, thanks to a pick-up in exports and moderation in gold imports. Manufacturing activity and new orders in India showed their strongest growth in a year in February. The news comes as a relief after data showed Asia’s third largest economy grew by a slower-than-expected 4.7 % annually in the three months through December. The HSBC Manufacturing Purchasing Managers’ Index which gauges the business activity of India’s factories but not its’ utilities, rose to 52.5 in February, its highest in a year from 51.4 in January. Overall new orders for factory goods which rose to a one-year high of 54.9 contributed to the surge. China has emerged as India’s biggest trading partner in the current financial year replacing the United Arab Emirates and pushing it to the third spot. India-China trade has reached $49.5 billion with a 8.7 % share in India’s total trade. The US comes second at $46 billion with 8.1 % share during the first nine months of the current financial year.

The Reserve Bank of India has granted an additional nine months to the public to exchange currency notes printed before 2005 including Rs 500 and Rs 1,000 denominations, pushing the deadline to January 1, 2015. A day before dates for the Lok Sabha polls were announced, the government decided to hike interest rates on fixed deposit schemes offered by post offices up to 0.2 per cent. The new rates will be effective April, 1. The Supreme Court will resume hearing on March, 11 Nokia’s appeal against a ruling over transferring ownership of its local mobile phones plant which is the subject of a tax dispute to Microsoft Corp.

In the last days of the current Government, another scam has surfaced. The defence ministry has ordered a probe into Hindustan Aeronautics Limited’s contracts from Britain’s Rolls-Royce Holdings worth at least $ 1.2 billion. The Central Bureau of Investigation will look into allegations that over $80 million was paid in kickbacks in a deal signed in 2011. India has asked Boeing Co. to find a solution for problems with state-owned Air India’s 787 Dreamliners. The aircraft has experienced a series of malfunctions since its debut in 2011.

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 DENIED BY

Name :	Mr. Sarangi
Designation :	Accountant
Contact No.:	91-9432011744
Date :	09.04.2014

LOCATIONS

Registered Office :	C/o. V.K. Singhi, Flat No.9C, Geetanjali Apartment, 8B Middleton Street, Kolkata – 700071, West Bengal, India
Tel. No.:	91-33-40174100
Mobile No.:	91-9432011744 (Mr. Sarangi)
Fax No.:	Not Available
E-Mail :	privatecompany2@gmail.com

DIRECTORS

AS ON 30.09.2013

Name :

Mr. Raghu Hari Dalmia

Designation :

Director

Address :

No.1, Tees Jauary Marg, New Delhi – 110011, India

Date of Birth/Age :

14.01.1950

Date of Appointment :

09.12.2010

DIN No.:

00009597

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	U28991WB1948PTC191241	DALMIA AGENCIES PRIVATE LIMITED	Director	04/06/1980	04/06/1980	07/08/2012	Active	NO
2	L29299OR1948PLC000713	HARI MACHINES LIMITED.	Director	01/10/1980	01/10/1980	-	Active	NO
3	U65993DL1974PTC007551	DAPEL INVESTMENTS PRIVATE LIMITED	Director	07/06/1994	07/06/1994	21/07/2008	Active	NO
4	U74899DL1989PTC035739	GRANDEUR TRAVELS AND TOURS PVT LTD	Director	29/07/1995	29/07/1995	-	Active	NO
5	U74899DL1951GAP001947	PHD CHAMBER OF COMMERCE AND INDUSTRY	Director	06/01/1997	06/01/1997	-	Active	NO
6	U01909DL1984PLC022836	DEBI KAY SYSTEMS LIMITED	Director	11/02/2000	11/02/2000	-	Active	NO
7	L65993WB1974PLC157598	KABIRDAS INVESTMENTS LIMITED	Director	29/04/2002	29/04/2002	28/01/2009	Active	NO
8	L27102OR2006PLC008594	OCL IRON AND STEEL LIMITED	Director	20/02/2006	20/02/2006	17/02/2010	Active	NO
9	U11200WB2008PTC130315	ALLMINERAL ASIA PRIVATE LIMITED	Director	07/08/2009	28/11/2008	25/01/2012	Active	NO
10	U67120DL1995PTC215206	KIRAN RESOURCES Private Limited	Director	30/09/2009	16/12/2008	-	Active	NO
11	U13100WB2010PTC153241	PRO MINERALS PRIVATE LIMITED	Director	06/11/2013	21/09/2010	-	Active	NO
12	U51109WB1990PTC049414	AAYUSH MANUFACTURERS & FINANCIERS PVT.LTD.	Director	09/12/2010	09/12/2010	-	Active	NO
13	U24233WB1996PTC076723	NOBEL CONSULTANCY PVT LTD	Director	09/12/2010	09/12/2010	-	Active	NO
14	U67120WB1995PTC110837	T R INVESTMENTS PRIVATE LIMITED	Director	09/12/2010	09/12/2010	-	Active	NO
15	U27109WB1995PTC067578	KHAITAN UDYOG PVT LTD	Director	09/12/2010	09/12/2010	-	Active	NO
16	U74140WB2010PTC142325	CONFIRM DEVELOPERS CONSULTANTS PRIVATE LIMITED	Director	24/08/2011	24/08/2011	-	Active	NO
17	U70109WB1993PTC060083	SHIVSHAKTI COMMUNICATION & INVESTMENT PVT LTD	Director	25/08/2011	25/08/2011	-	Active	NO
18	U74999WB2011PTC168478	Steel Plantech Engineering India Private Limited	Director	13/09/2012	28/11/2011	-	Active	NO
19	U51909WB1989PTC047900	RITESHWARI TRADING & INVESTMENTS PVT LTD	Director	30/07/2013	30/07/2013	-	Active	NO
20	U52100WB2011PTC158145	PINAKINI MERCANTILE PRIVATE LIMITED	Director	30/07/2013	30/07/2013	-	Active	NO
21	U52190WB2011PTC158234	ACHINTYA TRADING PRIVATE LIMITED	Director	30/07/2013	30/07/2013	-	Active	NO
22	U51101WB2010PTC142948	GENUINE DEALCOMM PRIVATE LIMITED	Director	13/08/2013	13/08/2013	-	Active	NO
23	U45400WB2009PTC133461	JAGANNATH ABASAN PRIVATE LIMITED	Director	13/08/2013	13/08/2013	-	Active	NO

Name :

Mr. Gaurav Dalmia

Designation :

Director

Address :

Dalmia House, 20F, Prithvi Raj Road, New Delhi – 110011, India

Date of Birth/Age :

26.09.1965

Date of Appointment :

09.12.2010

DIN No.:

00009639

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	U28991WB1948PTC191241	DALMIA AGENCIES PRIVATE LIMITED	Director	01/01/1984	01/01/1984	17/07/2012	Active	NO
2	U74899DL1980PTC010770	ARTECH INFOSYSTEMS PRIVATE LIMITED	Director	22/09/1992	22/09/1992	17/03/2010	Active	NO
3	U67190MH1992PLC068970	PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED	Director	02/04/1993	02/04/1993	22/03/2010	Active	NO
4	U74899DL1994PLC057651	FIRST CAPITAL INDIA LIMITED	Director	02/03/1994	02/03/1994	-	Active	NO
5	U67120MH1999PTC209227	INFINITY TECHNOLOGY INVESTMENTS PRIVATE LIMITED	Director	07/04/1999	07/04/1999	-	Active	NO
6	U65991MH1999PTC121901	INFINITY TECHNOLOGY TRUSTEE PRIVATE LIMITED	Director	23/09/1999	23/09/1999	-	Active	NO
7	U01909DL1984PLC022836	DEBI KAY SYSTEMS LIMITED	Director	19/07/2001	19/07/2001	-	Active	NO
8	U45201DL2003PTC122238	LANDMARK LAND HOLDINGS PRIVATE LIMITED	Director	29/10/2003	29/10/2003	-	Active	NO
9	U74140DL1996PTC077998	SKYLARK CONSULTANTS (INDIA) PRIVATE LIMITED	Director	01/09/2004	01/09/2004	-	Active	NO
10	U72200DL2004PTC130887	ARTECH STEEL INDUSTRIES PRIVATE LIMITED	Director	01/12/2004	01/12/2004	17/03/2010	Active	NO
11	U67190MH2000PTC123712	INDIA VALUE FUND ADVISORS PRIVATE LIMITED	Director	10/01/2005	10/01/2005	-	Active	NO
12	U67190MH2004PLC150329	CAPITAL FIRST INVESTMENT ADVISORY LIMITED	Director	22/02/2005	22/02/2005	08/12/2007	Active	NO
13	U45201DL2005PTC136590	ASTIR PROPERTIES PRIVATE LIMITED	Director	24/05/2005	24/05/2005	-	Active	NO
14	U45201DL2004PTC129188	ANSAL LANDMARK TOWNSHIPS PRIVATE LIMITED	Director	10/11/2005	10/11/2005	-	Active	NO
15	U45201DL2006PTC146089	VIPUL SEZ DEVELOPERS PRIVATE LTD	Director	19/04/2006	19/04/2006	24/09/2010	Active	NO
16	U70101DL2006PTC148590	GD Securities Private Limited	Director	26/05/2006	26/05/2006	19/04/2008	Active	NO
17	U70109MH2006PTC190933	DAZZLING PROPERTIES PRIVATE LIMITED	Director	26/10/2007	10/08/2006	02/12/2008	Active	NO
18	U70109DL2006PTC151861	FAST TRACK REALTORS PRIVATE LIMITED	Director	10/08/2006	10/08/2006	19/12/2006	Active	NO
19	U70109DL2006PTC152606	Landmark Hi Tech Development Private Limited	Director	28/08/2006	28/08/2006	-	Active	NO
20	U70104DL2006PTC153985	NEW LINE BUILDTECH PRIVATE LIMITED	Director	16/09/2006	16/09/2006	-	Active	NO
21	U70109DL2006PTC155053	TREASURED DEVELOPERS PRIVATE LIMITED	Director	27/10/2006	27/10/2006	19/12/2006	Active	NO
22	U45200DL2007PTC157597	KHUSHHAL DEVELOPERS PRIVATE LIMITED	Director	09/01/2007	09/01/2007	01/01/2008	Active	NO
23	U45200DL2007PTC157640	SAMRIDHI TOWNSHIPS PRIVATE LIMITED	Director	10/01/2007	10/01/2007	05/04/2008	Active	NO
24	U70100PB2005PTC029238	SUKHM INFRASTRUCTURES PRIVATE LIMITED	Director	28/05/2010	12/01/2007	18/09/2012	Active	NO
25	U45200DL2007PTC157944	PLUS ONE REALTORS PRIVATE LIMITED	Director	16/01/2007	16/01/2007	-	Active	NO
26	U70109DL2007PTC158031	MANBHAWAN PROPERTIES PRIVATE LIMITED	Director	17/01/2007	17/01/2007	01/01/2008	Active	NO
27	U70109DL2006PTC152961	NEW LINE DEVELOPERS PRIVATE LIMITED	Director	16/09/2013	07/03/2007	21/03/2014	Active	NO
28	U74140MH2006PTC164125	IVF Advisors Private Limited	Director	21/06/2007	21/06/2007	-	Active	NO
29	U70101OR1982PTC001037	SAFARI RETREATS PVT LTD	Director	30/09/2008	07/08/2007	-	Active	NO
30	U70109DL2007PTC170699	LANDMARK REALTECH PRIVATE LIMITED	Director	23/11/2007	23/11/2007	-	Active	NO
31	L13100DL1976PLC188942	LANDMARK PROPERTY DEVELOPMENT COMPANY LIMITED	Managing director	07/08/2013	29/01/2008	-	Active	NO
32	U45201PN2005PTC020918	KUMAR BUILDERS TOWNSHIP VENTURES PRIVATE LIMITED	Director	29/09/2008	16/06/2008	-	Active	NO
33	U70101PN1993PTC072139	KUMAR URBAN DEVELOPMENT Private Limited	Director	25/09/2009	26/08/2009	08/03/2013	Active	NO
34	L01110MH2006PLC161345	BAJAJ CORP LIMITED	Director	25/06/2010	04/02/2010	-	Active	NO
35	L29299OR1948PLC000713	HARI MACHINES LIMITED.	Director	18/09/2010	11/05/2010	-	Active	NO
36	L26942OR1949PLC000185	OCL INDIA LIMITED	Managing director	17/09/2010	21/07/2010	-	Active	NO
37	U13100WB2010PTC153241	PRO MINERALS PRIVATE LIMITED	Director	30/09/2011	28/09/2010	-	Active	NO
38	U51109WB1990PTC049414	AAYUSH MANUFACTURERS & FINANCIERS PVT.LTD.	Director	09/12/2010	09/12/2010	-	Active	NO
39	U24233WB1996PTC076723	NOBEL CONSULTANCY PVT LTD	Director	09/12/2010	09/12/2010	-	Active	NO
40	U67120WB1995PTC110837	T R INVESTMENTS PRIVATE LIMITED	Director	09/12/2010	09/12/2010	-	Active	NO
41	U27109WB1995PTC067578	KHAITAN UDYOG PVT LTD	Director	09/12/2010	09/12/2010	-	Active	NO
42	U55101DL2010PTC211816	SAMHI HOTELS PRIVATE LIMITED	Director	12/09/2011	13/04/2011	-	Active	NO
43	U18109TN2006PLC061384	RAYMOND APPAREL LIMITED	Director	28/07/2011	27/07/2011	-	Active	NO
44	U51101WB2010PTC142948	GENUINE DEALCOMM PRIVATE LIMITED	Director	18/08/2011	18/08/2011	-	Active	NO
45	U45400WB2009PTC133461	JAGANNATH ABASAN PRIVATE LIMITED	Director	25/08/2011	25/08/2011	-	Active	NO
46	U70100DL2011PTC217081	ANSAL LANDMARK (KARNAL) TOWNSHIP PRIVATE LIMITED	Director	19/06/2012	29/12/2011	-	Active	NO
47	U34360DL1987PLC029553	SANDHAR TECHNOLOGIES LIMITED	Nominee director	30/03/2012	30/03/2012	-	Active	NO
48	U51909WB1989PTC047900	RITESHWARI TRADING & INVESTMENTS PVT LTD	Director	30/07/2013	30/07/2013	-	Active	NO
49	U52100WB2011PTC158145	PINAKINI MERCANTILE PRIVATE LIMITED	Director	30/07/2013	30/07/2013	-	Active	NO
50	U52190WB2011PTC158234	ACHINTYA TRADING PRIVATE LIMITED	Director	30/07/2013	30/07/2013	-	Active	NO
51	U74140WB2010PTC142325	CONFIRM DEVELOPERS CONSULTANTS PRIVATE LIMITED	Director	09/08/2013	09/08/2013	-	Active	NO
52	U70109WB1993PTC060083	SHIVSHAKTI COMMUNICATION & INVESTMENT PVT LTD	Director	09/08/2013	09/08/2013	-	Active	NO
53	U15490DL2010PTC198831	Brattle Foods Private Limited	Nominee director	10/03/2014	18/11/2013	-	Active	NO
54	U74999WB2011PTC168478	Steel Plantech Engineering India Private Limited	Additional director	03/02/2014	03/02/2014	-	Active	NO
55	AAA-5177	GTI CAPITAL ADVISORY SERVICES (INDIA) LLP	Designated Partner	14/06/2011	14/06/2011	-	Active	NO

Name :

Mr. Alok Agrawal

Designation :

Director

Address :

House No.1/4C, OCL Colony, Rajgangpur, Sundergarh, Orrisa – 770017, India

Date of Birth/Age :

29.09.1976

Date of Appointment :

28.01.2011

DIN No.:

01248875

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	U67120DL1995PTC215206	KIRAN RESOURCES Private Limited	Director	01/02/2007	01/02/2007	26/06/2010	Active	NO
2	U51420OR2008PTC010397	JYOTIRMOYEE INTERNATIONAL PRIVATE LIMITED	Director	30/09/2009	04/11/2008	-	Active	NO
3	U70101OR2009PTC010874	ALFA CITYINFRA PRIVATE LIMITED	Director	24/06/2009	24/06/2009	14/01/2010	Active	NO
4	U13100WB2009PTC138004	NARMADA RIVERS RESOURCES PRIVATE LIMITED	Director	26/08/2009	26/08/2009	20/05/2010	Active	NO
5	U67120WB1978PTC031368	NAVNEET TRADING & INVESTMENT CO PVT LTD	Director	20/09/2010	20/09/2010	-	Active	NO
6	U51109WB1990PTC049414	AAYUSH MANUFACTURERS & FINANCIERS PVT.LTD.	Director	27/01/2011	27/01/2011	13/08/2013	Active	NO
7	U67120WB1995PTC110837	T R INVESTMENTS PRIVATE LIMITED	Director	28/01/2011	28/01/2011	-	Active	NO
8	U51101WB2010PTC142948	GENUINE DEALCOMM PRIVATE LIMITED	Director	18/08/2011	18/08/2011	-	Active	NO
9	U52100WB2011PTC158145	PINAKINI MERCANTILE PRIVATE LIMITED	Director	30/07/2013	30/07/2013	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Sarangi
Designation :	Accountant

MAJOR SHAREHOLDERS

AS ON 30.09.2013

Names of Shareholders	No. of Shares	% of Holding
Khailan Udyog Private Limited	739000	45.97
Aayush Manufacturers and Financiers Private Limited	308720	19.20
Nobel Consultancy Private Limited	560000	34.83
Total	1607720	100.00

Equity Share Break up (Percentage of Total Equity)

AS ON 30.09.2013

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Dealing in shares.

GENERAL INFORMATION

No. of Employees :	Not Divulged
Bankers :	Not Divulged

Banking Relations :	--
Auditors :
Name :	B. Kabra and Associates Chartered Accountants
Address :	P-81, Bangur Avenue, Block-A, 4^th Floor, Kolkata – 700055, West Bengal, India
PAN No.:	AGHPK9589P
Company in which KMP/Relatives of KMP can exercise significant influence :	· Aayush Manufacturers and Financiers Private Limited · Dalmia Agencies Private Limited · Genuine Dealcomm Private Limited · Debi Kay Systems Limited · Hari Machines Limited · Pro Minerals Private Limited · Kiran Resources Private Limited

CAPITAL STRUCTURE

AS ON 30.09.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
1650000	Equity Shares	Rs.10/- each	Rs.16.500 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
1607720	Equity Shares	Rs.10/- each	Rs.16.077 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013	31.03.2012	31.03.2011
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	16.077	16.077	16.077
(b) Reserves & Surplus	294.105	294.983	297.541
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000	0.000
Total Shareholders’ Funds (1) + (2)	310.182	311.060	313.618
(3) Non-Current Liabilities
(a) long-term borrowings	20.180	20.047	0.000
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	20.180	20.047	0.000
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	0.016	0.011	0.005
(c) Other current liabilities	0.020	0.012	0.000
(d) Short-term provisions	0.124	0.139	0.087
Total Current Liabilities (4)	0.160	0.162	0.092
TOTAL	330.522	331.269	313.710
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	0.000	0.000	0.000
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	0.000	0.000	0.000
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	324.293	206.763	206.770
(c) Deferred tax assets (net)	0.776	1.445	0.363
(d) Long-term Loan and Advances	2.300	27.500	0.100
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	327.369	235.708	207.233
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	1.550	83.000	82.700
(c) Trade receivables	0.000	0.000	2.400
(d) Cash and cash equivalents	0.867	1.478	1.214
(e) Short-term loans and advances	0.736	11.083	20.163
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	3.153	95.561	106.477
TOTAL	330.522	331.269	313.710

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	81.757	2.758
		Other Income	2.221	0.026
		TOTAL	83.978	2.784	30.513
Less	EXPENSES
		Purchases of Stock-in-Trade	0.000	2.700
		Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	81.450	(0.300)
		Employees benefits expense	0.205	0.201
		Other expenses	0.121	3.648
		TOTAL	81.776	6.249	31.562
Less	PROFIT/(LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION		2.202	(3.465)	(1.049)
Less	FINANCIAL EXPENSES		2.400	0.059	0.000
	PROFIT/(LOSS) BEFORE TAX		(0.198)	(3.524)	(1.049)
Less	TAX		0.680	(0.967)	(0.327)
	PROFIT/(LOSS) AFTER TAX		(0.878)	(2.557)	(0.722)
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		(3.242)	(0.685)	0.037
	BALANCE CARRIED TO THE B/S		(4.120)	(3.242)	(0.685)
	Earnings/Loss Per Share (Rs.)		(0.55)	(1.59)	NA

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
PAT / Total Income	(%)	(1.05)	(91.85)	(2.37)
Net Profit Margin (PBT/Sales)	(%)	(0.24)	(127.77)	NA
Return on Total Assets (PBT/Total Assets}	(%)	(3.63)	(2.86)	(0.98)
Return on Investment (ROI) (PBT/Networth)		0.00	(0.01)	0.00
Debt Equity Ratio (Total Debt /Networth)		0.07	0.06	0.00
Current Ratio (Current Asset/Current Liability)		19.71	589.88	1157.36

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particular	31.03.2011	31.03.2012	31.03.2013
	Rs. In Millions	Rs. In Millions	Rs. In Millions
Share Capital	16.077	16.077	16.077
Reserves & Surplus	297.541	294.983	294.105
Net worth	313.618	311.060	310.182
long-term borrowings	0.000	20.047	20.180
Short term borrowings	0.000	0.000	0.000
Total borrowings	0.000	20.047	20.180
Debt/Equity ratio	0.000	0.064	0.065

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2011	31.03.2012	31.03.2013
	Rs. In Millions	Rs. In Millions	Rs. In Millions
Total Income	30.513	2.784	83.978
		(90.876)	2916.451

NET PROFIT MARGIN

Net Profit Margin	31.03.2011	31.03.2012	31.03.2013
	Rs. In Millions	Rs. In Millions	Rs. In Millions
Total Income	30.513	2.784	83.978
Profit	(0.722)	(2.557)	(0.878)
	(2.37%)	(91.85%)	(1.05%)

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	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	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	No
24]	Banking facility details	No
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

UNSECURED LOANS:

Particulars	31.03.2013 Rs. In Millions	31.03.2012 Rs. In Millions
Long Term Borrowings
Loans from Others	20.180	20.047
Total	20.180	20.047

NO CHARGES EXIST FOR COMPANY.

CORPORATE INFORMATION:

T R Investments Private Limited (the company) is a NBFC company domiciled in India and incorporated under the provisions of the Companies Act, 1956. Being a private company, its shares are not listed on any stock exchanges in India. The company has been incorporated with the object of dealing in shares. The company carries its business only in India.

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.60.27
UK Pound	1	Rs.101.10
Euro	1	Rs.83.74

INFORMATION DETAILS

Information Gathered by :	PLK
Analysis Done by :	SUM
Report Prepared by :	NKT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	3
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	4
--RESERVES	1~10	4
--CREDIT LINES	1~10	4
--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	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		32

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.