MIRA INFORM REPORT

Report Date :

18.04.2014

IDENTIFICATION DETAILS

Name :	LAKESHORE HOSPITAL AND RESEARCH CENTRE LIMITED
Registered Office :	X/299 B, Maradukanayannur, Taluk Nettoor, P O Ernakulam, Cochin – 682304  Kerala
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	04.04.1996
Com. Reg. No.:	09-010260
Capital Investment / Paid-up Capital :	Rs.502.512 Millions
CIN No.: [Company Identification No.]	U85110KL1996PLC010260
PAN No.: [Permanent Account No.]	AAACL4923A
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Hospital Activities
No. of Employees :	Information denied by management

RATING & COMMENTS

MIRA’s Rating :

A (64)

RATING		STATUS	PROPOSED CREDIT LINE
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

Maximum Credit Limit :	USD 4400000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is a well-established and reputed company having a fine track record. Overall fundamentals of the company seems to be sound and healthy. Trade relations are reported as fair. Business is active. Payments are reported to be regular and as per commitments. The company can be considered good for normal business dealings at usual trade terms and conditions.

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, 2014

Country Name	Previous Rating (31.12.2013)	Current Rating (31.03.2014)
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

US investment bank Goldman Sachs has upgraded its outlook on Indian markets as it expects positive impact of the election cycle.

India’s economy may grow 4.7 % in the current financial year, lower than the official estimate of 4.9 %, Fitch Rating said. The global rating agency expects the economy to pick up in the next two financial years.

Global ratings agency Standard & Poor said increasing focus by India Inc on lowering debt is likely to improve their credit profiles.

Singapore (1.1 million Indian tourists in 2012), Thailand (one million), the United Arab Emirates ().98 million) and Malaysia ().82 million) emerged as the preferred holidays hotspots for Indians. The total figure is expected to increase to 1.93 million by 2017, according to the latest Eurmonitor international report.

There is a $29.34 bn outward foreign direct investment by domestic companies between April and January of 2013/14 which has seen some signs of recovery according to a Care Ratings report.

There are 264 number of new companies being set up every day on average during 2014. Most of them are registered in Mumbai. India had 1.38 million registered companies at the end of January, 2014.

Twitter like messaging service Weibo Corporation has filed to raise $ 500 million via a US initial public offering. Alibaba, which owns a stake in Weibo is expected to raise about $ 15 billion New York this year in the highest profile Internet IPO since Facebook’s in 2012.

Bharti Airtel has raised Rs.2,453.2 crore (350 million Swiss Francs) by selling six-year bonds at a coupon rate of three per cent and maturing in 2020. This is the largest ever bond offering by an Indian company in Swiss Francs. Bharat Petroleum Corporation raised 175 million Swiss Francs by selling five year bonds at 2.98 % coupon rate in February.

Indian Oil Corporation plans to invest Rs 7650 crore in setting up a petrochemical complex at its almost complete Paradip refinery in Odhisha in three to four years. The company board is set to consider the setting up of a 700000 tonne per annum polypropylene plant at an estimated cost at Rs.3150 crore.

Global chief information officers at gathering in Bangalore in April to meet Indian startups at an event called Tech50 Watchout for Little Eye Labs-Facebook type deals in the making.

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

Name :	Mr. Veji
Designation :	Pharmacy Incharge
Contact No.:	91-484-2701032
Date :	15.04.2014

LOCATIONS

Registered Office :	X/299 B, Maradukanayannur, Taluk Nettoor, P O Ernakulam, Cochin – 682304, Kerala, India
Tel. No.:	91-484-2701032 / 2701033 / 2703951
Fax No.:	91-484-2701996
E-Mail :	info@lakeshorehospital.com
Website :	www.lakeshorehospital.com

DIRECTORS

As on 31.08.2013

Name :

Mr. Philip Augustine

Designation :

Managing Director

Address :

Symphony Automobile Road, Palarivattom, Ernakulam, Cochin – 682021, Kerala, India

Date of Birth/Age :

01.08.1947

Date of Appointment :

01.04.2012

PAN No.:

ACSPA1778R

DIN No.:

00895772

Name :

Mr. Jose Palathingal Alapatt

Designation :

Director

Address :

Alapatt Palathingal, Diwad Road, Ernakulam, Cochin – 682016, Kerala, India

Date of Birth/Age :

05.06.1948

Date of Appointment :

25.10.2006

DIN No.:

00043444

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	U26933KA1975PTC002730	PEETEES CERAMICS PRIVATE LIMITED	Managing director	31/01/1995	31/01/1995	-	Strike off	NO
2	U52334KL2002PTC015347	ALAPATT CONSUMER ELECTRONICS INDIA PRIVATE LIMITED	Managing director	05/04/2002	05/04/2002	-	Active	NO
3	U32109KL2002PTC015599	ADLUX CONSUMER ELECTRONICS INDIA PRIVATE LIMITED	Managing director	19/08/2002	19/08/2002	-	Strike off	NO
4	L65191KL1929PLC001017	THE SOUTH INDIAN BANK LIMITED	Director	11/05/2005	11/05/2005	11/05/2013	Active	NO
5	U85110KL1996PLC010260	LAKESHORE HOSPITAL AND RESEARCH CENTRE LIMITED	Director	25/10/2006	25/10/2006	-	Active	NO

Name :

Mr. Parayarukandy Vettath Chandran

Designation :

Director

Address :

Keralakala, Azchavattom, Valayanad Calicut – 673007, Kerala, India

Date of Birth/Age :

23.11.1939

Date of Appointment :

31.12.2003

DIN No.:

00115059

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	U01116KL1975PTC002693	KALPAKA RUBBER PLANTATIONS PRIVATE LIMITED	Director	28/05/1975	28/05/1975	-	Active	NO
2	U60231KL1973PTC002480	KALPAKA TRANSPORT CO PRIVATE LIMITED	Director	28/05/1975	28/05/1975	-	Active	NO
3	U85110KL1976PTC002850	P V S HOSPITAL PRIVATE LIMITED	Director	07/10/1976	07/10/1976	-	Active	NO
4	U15311KL1981PTC003403	SOUBAGYAM FOOD INDUSTRIES PRIVATE LIMITED	Managing director	02/08/1982	02/08/1982	-	Active	NO
5	U85110KL1992PLC006573	PVS MEMORIAL HOSPITAL LIMITED	Director	25/06/1992	25/06/1992	-	Active	NO
6	U22110KL1922PLC001522	MATHRUBHUMI PRINTING AND PUBLISHING CO LIMITED	Whole-time director	01/09/2009	01/09/1994	-	Active	NO
7	U85110KL1996PLC010260	LAKESHORE HOSPITAL AND RESEARCH CENTRE LIMITED	Director	31/12/2003	31/12/2003	-	Active	NO
8	U50101KL2004PTC017051	KTC AUTOMOBILES PRIVATE LIMITED	Director	21/04/2004	21/04/2004	-	Active	NO
9	U50101KL2004PTC017295	PVS AUTOMOTIVE COMPANY PRIVATE LIMITED	Managing director	23/07/2004	23/07/2004	-	Active	NO
10	U99999DL1951PLC002023	THE INDIAN NEWSPAPER SOCIETY	Director	28/09/2006	28/09/2006	-	Active	NO
11	U50100KL2012PTC031573	KTC CARS (INDIA) PRIVATE LIMITED	Director	03/07/2012	03/07/2012	-	Active	NO

Name :

Mr. Achutha Janardhana Pai

Designation :

Director

Address :

C3, Ayes Aprtements, TD Road, Ernakulam, Cochin – 682011, Kerala, India

Date of Birth/Age :

06.09.1945

Date of Appointment :

26.09.2009

DIN No.:

00115688

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	U24114KL1982PLC003657	PIGMENTS INDIA LIMITED	Nominee director	12/06/1996	12/06/1996	-	Active	NO
2	U85110KL1996PLC010260	LAKESHORE HOSPITAL AND RESEARCH CENTRE LIMITED	Director	26/09/2009	02/02/2004	-	Active	NO
3	L24299KL1989PLC005452	COCHIN MINERALS AND RUTILE LIMITED	Director	22/09/2004	22/09/2004	-	Active	NO
4	U52190KL2004PTC017414	LULU INTERNATIONAL SHOPPING MALL PRIVATE LIMITED	Whole-time director	01/02/2009	22/09/2005	-	Active	NO
5	U70101KL2006PTC020035	LINE PROPERTIES PRIVATE LIMITED	Director	01/02/2007	01/02/2007	-	Active	NO
6	U55101KL2007PTC021401	LULU FLIGHT KITCHEN PRIVATE LIMITED	Director	22/11/2007	22/11/2007	-	Active	NO
7	U51909KL2006PTC020034	LULU HYPERMARKET PRIVATE LIMITED	Director	22/11/2007	22/11/2007	-	Active	NO
8	U63020KL1950PTC000087	EMMAY LOGISTICS (INDIA) PRIVATE LIMITED	Director	12/07/2010	29/03/2010	-	Active	NO
9	U63040KL2006PTC019311	SPACE INTERNATIONAL AIR TRAVELS PRIVATE LIMITED	Director	19/05/2010	19/05/2010	-	Active	NO
10	U52190KL2010PTC026838	LULU CONVENTION AND EXHIBITION CENTER PRIVATE LIMITED	Director	09/02/2012	08/10/2010	-	Active	NO
11	U72200KL2010PTC027007	MANTLE SYSTEMS AND TECHNOLOGIES PRIVATE LIMITED	Director	22/07/2011	14/12/2010	-	Active	NO
12	U92190KL2010PTC027006	L H ENTERTAINMENT COMPANY PRIVATE LIMITED	Director	14/12/2010	14/12/2010	-	Active	NO
13	U45200KL2009PTC024242	EMMAY INTERNATIONAL PROPERTIES AND DEVELOPERS PRIVATE LIMITED	Additional director	22/07/2011	22/07/2011	-	Active	NO
14	U52190KL2011PTC030058	LULU CONVENTION CENTER CALICUT PRIVATE LIMITED	Director	17/12/2011	17/12/2011	-	Active	NO
15	U45200KL2009PTC024461	EMMAY VENTURES (INDIA) PRIVATE LIMITED	Director	26/09/2013	15/06/2013	-	Active	NO
16	U74999KL2007PTC034928	LULU GROUP INTERNATIONAL PRIVATE LIMITED	Additional director	19/08/2013	19/08/2013	-	Active	NO

Name :

Mr. George Nereaparam Vareed

Designation :

Director

Address :

Geo Bhavan, Chalakudy, Thrissur – 682307, Kerala, India

Date of Birth/Age :

30.08.1954

Date of Appointment :

30.09.1999

PAN No.:

AOAPG4670G

DIN No.:

00278319

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	U63033KL1994PLC007803	COCHIN INTERNATIONAL AIRPORT LIMITED	Director	11/12/1998	11/12/1998	-	Active	NO
2	U85110KL1996PLC010260	LAKESHORE HOSPITAL AND RESEARCH CENTRE LIMITED	Director	30/09/1999	30/09/1999	-	Active	NO
3	U29192KL2003PTC016523	GEONAIR AIRCONDITION AND REFRIGERATION MANUFACTURERS PRIVATE LIMITED	Managing director	09/10/2003	09/10/2003	-	Active	NO
4	U92141KL1971PLC002355	KALA BHAVAN STUDIOS LIMITED	Director	14/05/2004	14/05/2004	22/08/2007	Active	NO
5	U70101KL2005PTC018891	HI-LIFE BUILDERS PRIVATE LIMITED	Director	02/12/2005	02/12/2005	21/02/2011	Active	NO
6	U51909KL2006PTC019509	GEO GENERAL TRADING PRIVATE LIMITED	Managing director	12/06/2006	12/06/2006	-	Active	NO
7	U01300KL2007PTC020626	KALLUR FARMS PRIVATE LIMITED	Managing director	10/04/2007	10/04/2007	-	Active	NO
8	U01300KL2008PTC021652	KALLUR GEO-GREEN FARMS PRIVATE LIMITED	Director	08/01/2008	08/01/2008	-	Active	NO
9	U01400KL2008PTC021651	GEO FARMS PRIVATE LIMITED	Director	08/01/2008	08/01/2008	-	Active	NO
10	U45200KL2008PTC023205	GEORGETTAN'S BUILDERS AND DEVELOPERS(INDIA) PRIVATE LIMITED	Managing director	25/09/2008	25/09/2008	-	Active	NO
11	U55101KL2008PTC022862	FLORET HOTELS (INDIA) PRIVATE LIMITED	Director	20/04/2010	20/04/2010	-	Active	NO
12	U70100KL2010PTC026750	GEMI'S BUILDERS & PROPERTIES PRIVATE LIMITED	Managing director	22/09/2010	22/09/2010	-	Active	NO
13	U70100KL2010PTC026749	GEORGETTAN'S VILLAS & PROPERTIES PRIVATE LIMITED	Managing director	22/09/2010	22/09/2010	-	Active	NO
14	U70100KL2010PTC026748	GEON'S GOLF FACE PROPERTIES & BUILDERS PRIVATE LIMITED	Managing director	22/09/2010	22/09/2010	-	Active	NO
15	U35303KL2005PLC018632	COCHIN INTERNATIONAL AVIATION SERVICES LIMITED	Director	24/09/2011	23/06/2011	-	Active	NO

Name :

Mr. Yusuffali Musaliam Veettil Abdul Kader

Designation :

Director

Address :

Emke Mansion, Nattika, Trissur – 680566, Kerala, India

Date of Birth/Age :

15.11.1955

Date of Appointment :

30.09.1999

PAN No.:

ACNPY6727D

DIN No.:

00364677

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	U51900MH1991PTC063177	FAIR EXPORTS (INDIA) PRIVATE LIMITED	Managing director	15/09/1991	15/09/1991	-	Active	NO
2	U63033KL1994PLC007803	COCHIN INTERNATIONAL AIRPORT LIMITED	Director	26/09/1995	26/09/1995	-	Active	NO
3	U85110KL1996PLC010260	LAKESHORE HOSPITAL AND RESEARCH CENTRE LIMITED	Director	30/09/1999	30/09/1999	-	Active	NO
4	U51100MH1994PTC076381	FROLIC TRADING PRIVATE LIMITED	Managing director	11/08/2000	11/08/2000	-	Active	NO
5	U22110KL1999PTC012930	OLIVE PUBLICATIONS PRIVATE LIMITED	Director	21/05/2001	21/05/2001	11/02/2010	Active	NO
6	U01214DL2001PTC113535	FAIR AGRO EXPORTS Private Limited	Managing director	21/12/2001	21/12/2001	-	Active	NO
7	U51909TN2002PTC050105	LULU CENTER INTERNATIONAL PRIVATE LIMITED	Director	27/12/2002	27/12/2002	-	Strike off	NO
8	U91990KL2002NPL015838	NORKA-ROOTS (SEC 25 COMPANY)	Director	30/06/2004	30/06/2004	-	Active	NO
9	U51109UP1999PTC024484	AMROON FOODS PRIVATE LIMITED	Managing director	14/07/2004	14/07/2004	-	Active	NO
10	U52190KL2004PTC017414	LULU INTERNATIONAL SHOPPING MALL PRIVATE LIMITED	Managing director	06/09/2004	06/09/2004	-	Active	NO
11	U74999KL2004PTC017419	EMAY PETROLEUM DISTRIBUTORS PRIVATE LIMITED	Director	08/09/2004	08/09/2004	-	Active	NO
12	U52190KL2004PTC017418	LULU INTERNATIONAL CONVENTION CENTER PRIVATE LIMITED	Managing director	08/09/2004	08/09/2004	-	Active	NO
13	U45209KL2005PTC017929	LULU PROPERTIES PRIVATE LIMITED	Managing director	17/02/2005	17/02/2005	-	Active	NO
14	U62100KL2006PLC019227	AIR KERALA INTERNATIONAL SERVICES LIMITED	Director	15/03/2006	15/03/2006	-	Active	NO
15	U70101KL2006PTC020035	LINE PROPERTIES PRIVATE LIMITED	Managing director	27/11/2006	27/11/2006	-	Active	NO
16	U51909KL2006PTC020034	LULU HYPERMARKET PRIVATE LIMITED	Managing director	27/11/2006	27/11/2006	-	Active	NO
17	U45309KL1961SGC001937	KERALA STATE INDUSTRIAL DEVELOPMENT CORPN LIMITED	Director	22/06/2007	22/06/2007	-	Active	NO
18	U72200KL2007PTC021071	LULU CYBER WORLD PRIVATE LIMITED	Managing director	25/07/2007	25/07/2007	-	Active	NO
19	U74999KL2007PTC034928	LULU GROUP INTERNATIONAL PRIVATE LIMITED	Managing director	24/10/2007	24/10/2007	-	Active	NO
20	U55101KL2007PTC021401	LULU FLIGHT KITCHEN PRIVATE LIMITED	Managing director	13/11/2007	13/11/2007	-	Active	NO
21	U45209KL2007PLC020471	INKEL LIMITED	Director	05/09/2008	22/11/2007	22/09/2012	Active	NO
22	U70102KL2008PTC022854	LULU PROJECTS PRIVATE LIMITED	Managing director	24/07/2008	24/07/2008	-	Active	NO
23	U45200KL2008PTC023442	EMMAY PROJECTS (INDIA) PRIVATE LIMITED	Managing director	21/11/2008	21/11/2008	-	Active	NO
24	U45200KL2009PTC024242	EMMAY INTERNATIONAL PROPERTIES AND DEVELOPERS PRIVATE LIMITED	Managing director	29/05/2009	29/05/2009	-	Active	NO
25	U45200KL2009PTC024461	EMMAY VENTURES (INDIA) PRIVATE LIMITED	Managing director	15/07/2009	15/07/2009	-	Active	NO
26	U65923KL2009PLC025082	CHERAMAN FINANCIAL SERVICES LIMITED	Director	30/11/2009	30/11/2009	31/12/2012	Active	NO
27	U74900KL2010PLC025553	INKEL-KSIDC PROJECTS LIMITED	Nominee director	24/02/2010	24/02/2010	11/02/2013	Active	NO
28	U74900KL2010PLC025556	INKEL-KINFRA INFRASTRUCTURE PROJECTS LIMITED	Nominee director	24/02/2010	24/02/2010	11/02/2013	Active	NO
29	U63020KL1950PTC000087	EMMAY LOGISTICS (INDIA) PRIVATE LIMITED	Director	12/07/2010	29/03/2010	-	Active	NO
30	U62200DL2007GOI161431	AIR INDIA LIMITED	Director	07/05/2010	07/05/2010	27/06/2012	Active	NO
31	U15125DL2000PTC107049	GIEX FOODS PRIVATE LIMITED	Director	29/09/2010	01/06/2010	-	Amalgamated	NO
32	U52190KL2010PTC026838	LULU CONVENTION AND EXHIBITION CENTER PRIVATE LIMITED	Managing director	05/10/2010	05/10/2010	-	Active	NO
33	U74900KL2010PTC026850	Lulu Forex Private Limited	Director	08/10/2010	08/10/2010	-	Active	NO
34	U35303KL2005PLC018632	COCHIN INTERNATIONAL AVIATION SERVICES LIMITED	Director	24/09/2011	23/06/2011	-	Active	NO
35	U52190KL2011PTC030058	LULU CONVENTION CENTER CALICUT PRIVATE LIMITED	Managing director	16/12/2011	16/12/2011	-	Active	NO
36	U45203KL2012PLC031692	CIAL INFRASTRUCTURES LIMITED	Director	20/07/2012	20/07/2012	-	Active	NO

Name :

Mr. Narayan Pillai Prabhakaran Nair Kayipparambil

Designation :

Director

Address :

Thekkedath House, 30/902 L Mountain Road, Vytila, Ernakulam, Cochin – 682036, Kerala, India

Date of Birth/Age :

11.10.1943

Date of Appointment :

25.06.1998

DIN No.:

00900836

Name :

Mr. Kaivilayil Varghese Johny

Designation :

Director

Address :

Uparika Malika, Old Thevara Road, Kochi, Ernakulam, Cochin – 682013, Kerala, India

Date of Birth/Age :

21.07.1938

Date of Appointment :

30.12.1999

PAN No.:

AAHPJ6995L

DIN No.:

00903258

Name :

Mr. Parayil Daniel Mathew

Designation :

Director

Address :

Paryil House, Kaipsttoor PO, Pathanamthitta – 689648, Kerala, India

Date of Birth/Age :

05.03.1959

Date of Appointment :

27.06.2001

DIN No.:

00903297

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	U85110KL1996PLC010260	LAKESHORE HOSPITAL AND RESEARCH CENTRE LIMITED	Director	27/06/2001	27/06/2001	-	Active	NO
2	U70102KL2009PTC024065	ALEMA DEVELOPERS & PROPERTIES PRIVATE LIMITED	Managing director	15/04/2009	15/04/2009	-	Active	NO
3	U70102KL2009PTC024896	DANEM DEVELOPERS AND CONSTRUCTIONS PRIVATE LIMITED	Managing director	20/10/2009	20/10/2009	-	Active	NO
4	AAA-1496	KAYSONS DEVELOPERS LLP	Designated Partner	02/06/2010	02/06/2010	-	Active	NO
5	AAA-3092	DANEM OILFIELD AND ENERGY LLP	Designated Partner	15/12/2010	15/12/2010	-	Active	NO
6	AAA-4021	COLLEGE OF PETROCHEM TECHNOLOGY LLP	Designated Partner	08/03/2011	08/03/2011	-	Active	NO

Name :

Mr. Peter Anthony John

Designation :

Director

Address :

Kodiyil Civil Lines, Edapally, Ernakulam, Cochin – 682024, Kerala, India

Date of Birth/Age :

21.08.1930

Date of Appointment :

04.04.1996

DIN No.:

00903498

Name :

Mr. Poovakottu Mani Sebastian

Designation :

Director

Address :

Poovakottu House, Kanjirathanam, Kottayam – 686603, Kerala, India

Date of Birth/Age :

20.09.1953

Date of Appointment :

08.07.2002

PAN No.:

CWFPS7252F

DIN No.:

00903813

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	U28990KL1997PTC011074	MATSONS ELECTRO COATS PRIVATE LIMITED	Director	11/09/1999	11/09/1999	06/03/2009	Active	NO
2	U85110KL1996PLC010260	LAKESHORE HOSPITAL AND RESEARCH CENTRE LIMITED	Director	08/07/2002	08/07/2002	-	Active	NO
3	U45200KL2012PTC030856	POOVAKOTTU DEVELOPERS PRIVATE LIMITED	Managing director	26/03/2012	26/03/2012	-	Active	NO
4	U27100KL2012PTC030919	BOSCO METALS (INDIA) PRIVATE LIMITED	Managing director	31/03/2012	31/03/2012	-	Active	NO

Name :

Mr. Mathai Mudyilathu Mathai

Designation :

Director

Address :

Mudyilethu M M Villa, Kuttapuzha PO, Thiruvalla, Pathanamathitta – 689103, Kerala, India

Date of Birth/Age :

25.05.1943

Date of Appointment :

17.12.2004

DIN No.:

00904368

Name :

Mr. Job Varghese

Designation :

Director

Address :

No. 97, Muirfield Circle, Wheation, Illinois, USA 60189

Date of Birth/Age :

22.06.1951

Date of Appointment :

28.09.2011

DIN No.:

02839141

Name :

Mr. Shamsheer Vayalil Parambath

Designation :

Director

Address :

Nellikkot, Chalappuram PO Kozhikkode – 673002, Kerala, India

Date of Birth/Age :

11.01.1977

Date of Appointment :

29.09.2012

PAN No.:

BTKPS0897P

DIN No.:

02371712

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	U63040KL2006PTC019311	SPACE INTERNATIONAL AIR TRAVELS PRIVATE LIMITED	Director	22/03/2006	22/03/2006	21/02/2009	Active	NO
2	U85110KL1996PLC010260	LAKESHORE HOSPITAL AND RESEARCH CENTRE LIMITED	Director	29/09/2012	15/07/2011	-	Active	NO
3	U85110KL2011PTC029444	VPS HEALTH CARE PRIVATE LIMITED	Managing director	27/09/2011	27/09/2011	-	Active	NO
4	U85110KL2007PTC020701	TRIVANDRUM INTERNATIONAL MEDICAL CENTRE PRIVATE LIMITED	Director	29/03/2014	29/03/2014	-	Active	NO

KEY EXECUTIVES

Name :	R. Murleedharan
Designation :	Secretary
Address :	Flat No. AF, Rambal Madhavam, Error West, Ernakulam, Cochin – 686306, Kerala, India
Date of Birth/Age :	17.11.1963
Date of Appointment :	04.03.2009
PAN No.:	AFLPP7754G

MAJOR SHAREHOLDERS

As on 31.08.2013

SHAREHOLDING DETAILS FILE ATTACHED

Equity Share Break up (Percentage of Total Equity)

As on 31.08.2013

Category	Percentage
Foreign holdings( Foreign institutional investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s) or Overseas Corporate bodies or Others	11.23
Bodies corporate	4.17
Directors or relatives of Directors	64.19
Other top fifty shareholders	10.58
Others	9.83
Total	100.00

BUSINESS DETAILS

Line of Business :

Hospital Activities

GENERAL INFORMATION

Customers :	Indian Oil Corporation Limited Bharath Petroleum Corporation Limited Hindustan Petroleum Corporation Limited Hindustan News Print Limited Hindustan Latex Limited Hindustan Uni Lever Private Limited Indian Tobacco Company Reserve Bank Of India Idea Cellular Apollo Tyres KAMCO Airport Authority of India Limited Cochin International Airport Limited Air India Malayala Manorama MM TV FCI – OEN Private Limited Kerala Minerals and Metals Limited Kochi Refinery Limited Taj Gate Way MRF Limited Tata Coffee Taj Malabar Gas Authority of India Limited FCI – GBS Private Limited Maersk Line India Private Limited ONGC Mathrubhoomi IBS Software Private Limited Le Meridian State Trading Corporation Bharat Sanchar Nigam Limited A V Thomas and Company Melam NTPC BSNL NABARD New India Assurance Company Limited Madhyamam Health Care Hindustan Organic Chemicals Limited HUDCO Tata Tea Limited
No. of Employees :	Information denied by management
Bankers :	Corporation Bank, Vyttila Branch, Ernakulam, Cochin - 682019, Kerala, India

Banking Relations :	--
Auditors :
Name :	Vivek Krishna Govind Chartered Accountants
Address :	Sriniketan P B No 2350, Ernakulam, Kochi – 682016, Kerala, India
PAN No.:	AABFV9555E

CAPITAL STRUCTURE

As on 31.08.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
50000000	Equity Shares	Rs.10/- each	Rs.500.000 Millions
500000	Preference Shares	Rs.100/- each	Rs.50.000 Millions
	Total		Rs.550.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
48984537	Equity Shares	Rs.10/- each	Rs.489.845 Millions
133334	Preference Shares	Rs.100/- each	Rs.13.333 Millions
	Total		Rs.503.179 Millions

As on 31.08.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
50000000	Equity Shares	Rs.10/- each	Rs.500.000 Millions
500000	Preference Shares	Rs.100/- each	Rs.50.000 Millions
	Total		Rs.550.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
47917871	Equity Shares	Rs.10/- each	Rs.479.179Millions
33334	14.5% Cumulative Redeemable Preference Shares	Rs.100/- each	Rs.3.333 Millions
200000	10% Cumulative Preference Shares	Rs.100/- each	Rs.20.000 Millions
	Total		Rs.502.512 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	502.512	401.581	373.061
(b) Reserves & Surplus	592.449	297.464	161.808
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	5.000	0.000	0.150
Total Shareholders’ Funds (1) + (2)	1,099.961	699.045	535.019
(3) Non-Current Liabilities
(a) long-term borrowings	0.000	0.000	0.000
(b) Deferred tax liabilities (Net)	64.042	59.562	61.705
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	24.502	19.526	11.153
Total Non-current Liabilities (3)	88.544	79.088	72.858
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	131.649	115.789	118.793
(c) Other current liabilities	33.804	27.437	29.477
(d) Short-term provisions	85.509	53.378	44.489
Total Current Liabilities (4)	250.962	196.604	192.759
TOTAL	1,439.467	974.737	800.636
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	722.161	714.874	647.951
(ii) Intangible Assets	1.799	2.875	0.641
(iii) Capital work-in-progress	10.315	14.426	4.180
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	0.000	0.000	0.000
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	8.485	4.118	11.785
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	742.760	736.293	664.557
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	44.855	36.188	29.878
(c) Trade receivables	13.717	11.994	18.021
(d) Cash and cash equivalents	613.591	181.161	83.057
(e) Short-term loans and advances	4.897	5.025	4.081
(f) Other current assets	19.647	4.076	1.042
Total Current Assets	696.707	238.444	136.079
TOTAL	1,439.467	974.737	800.636

PROFIT & LOSS ACCOUNT

	PARTICULARS			31.03.2013	31.03.2012	31.03.2011
	SALES
		Income		1,339.475	1,152.728	1,000.936
		Other Income		30.571	17.577	4.487
		TOTAL (A)		1,370.046	1,170.305	1,005.423
Less	EXPENSES
		Purchase of Stock-in-trade		524.729	469.867	412.443
		Changes in Inventories of finished goods, work-in-progress and stock-in-trade		(8.667)	(6.310)	(2.138)
		Employee Benefits Expenses		264.816	207.803	152.729
		Other Expenses		360.339	295.171	250.689
		TOTAL (B)		1,141.217	966.531	813.723
Less	PROFIT/(LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)			228.829	203.774	191.700
Less	FINANCIAL EXPENSES (D)			0.010	0.093	2.136
	PROFIT/(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)			228.819	203.681	189.564
Less	DEPRECIATION/ AMORTISATION (F)			48.620	44.324	45.442
	PROFIT/(LOSS) BEFORE TAX (E-F) (G)			180.199	159.357	144.122
Less	TAX (H)			67.380	39.999	30.609
	PROFIT/(LOSS) AFTER TAX (G-H) (I)			112.819	119.358	113.513
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD			150.971	89.013	29.800
Less	APPROPRIATIONS
			Dividend	59.700	47.400	44.300
			Transfer to capital redemption reserves	10.000	10.000	10.000
	BALANCE CARRIED TO THE B/S			194.100	150.971	89.013
	EARNINGS IN FOREIGN CURRENCY
			Other Earnings	33.424	25.183	24.341
	TOTAL EARNINGS			33.424	25.183	24.341
	IMPORTS
			Stores & Spares	0.000	1.494	0.323
			Capital Goods	4.387	6.951	5.669
	TOTAL IMPORTS			4.387	8.445	5.992
	Earnings Per Share (Rs.)			2.83	3.24	3.30

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
PAT / Total Income	(%)	8.23	10.20	11.29
Net Profit Margin (PBT/Sales)	(%)	13.45	13.82	14.40
Return on Total Assets (PBT/Total Assets}	(%)	12.61	16.59	18.10
Return on Investment (ROI) (PBT/Networth)		0.16	0.23	0.27
Debt Equity Ratio (Total Debt /Networth)		0.00	0.00	0.00
Current Ratio (Current Asset/Current Liability)		2.78	1.21	0.71

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	373.061	401.581	502.513
Reserves & Surplus	161.808	297.464	592.448
Share Application money pending allotment	0.150	0.000	5.000
Net worth	535.019	699.045	1099.961
long-term borrowings	0.000	0.000	0.000
Short term borrowings	0.000	0.000	0.000
Total borrowings	0.000	0.000	0.000
Debt/Equity ratio	0.000	0.000	0.000

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
Sales	1,000.936	1,152.728	1,339.475
		15.165	16.200

NET PROFIT MARGIN

Net Profit Margin	31.03.2011	31.03.2012	31.03.2013
	Rs. In Millions	Rs. In Millions	Rs. In Millions
Sales	1,000.936	1,152.728	1,339.475
Profit	113.513	119.358	112.819
	11.34%	10.35%	8.42%

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	No
17]	Major suppliers	No
18]	Major customers	Yes
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	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	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

FINANCIAL HIGHLIGHTS

During the year, the Company has made profit before tax of Rs.180.200 Millions as against Rs.159.400 Millions of the previous year. Even though there is an increase in employees cost due to salary revision, the overall income has increased on account of the factors like increase in pharmacy collections, laboratory and diagnostic services and interest income. Profit after tax has come down because of higher provision for Income Tax due to non-availability of MAT Credit entitlement and also due to provision of income tax on share premium received from residents in excess of fair market value.

REVIEW OF OPERATIONS

The performance of the company last year was commendable. The income generation surpassed the projected target and hence we will be able to disburse 10% dividend this year also.

They celebrated the 10th anniversary of the hospital on 19th January, 2013 at a grand function chaired by the Chairman of the company, Mr. M A Yusuff Ali. At the function, the Honble Chief Minister of Kerala laid the foundation stone for the new block to be constructed at an approximate cost of Rs.2000.000 Millions. This block will accommodate a state-of-the-art Cancer Centre with radiation oncology and allogeneic bone marrow transplant, and upgraded departments of Gastroenterology, GI Surgery, Cardiology and Cardiac Surgery. There will be an international patient wing and a state-of-the-art wellness centre.

The year also saw further addition to our high-end treatment modalities including cardiac electrophysiology, endoscopic procedures like peroral endoscopic myotomy (POEM), which are available only in a few centres across the country.

There is a steady increase in the arrival of overseas patients boosting our Medical Tourism efforts and improving our foreign currency earnings.

The employees salaries have been made in line with the recommendations of the Industrial Relations Committee (IRC) appointed by the Government of Kerala. The year also saw a welcome improvement in employees satisfaction as well as overall improved approval from patients and attendants.

As part of our Corporate Social Responsibility (CSR) activities, Lakeshore has opened a Community Medicine Department and has adopted the Perumbalam Panchayat for extending community services. Other outreach programmes to benefit various sections of society like school health programmes are on the anvil.

OUTLOOK

During the year 2012-13, we have achieved a turn over of Rs.1370.000 Millions (last year Rs.1170.000 Millions) and made a net profit of Rs112.800 Millions (last year Rs.119.300 Millions). In view of the favorable market conditions, we have projected a turnover of Rs1600.000 Millions and profit before tax of Rs.210.000 Millions for the current financial year.

INDEX OF CHARGE:

Sr. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	90019756	31/05/2012 *	35,000,000.00	Corporation Bank	Vyttila Branch, Ernakulam, Cochin, Kerala - 682019, India	B41824970

*Date of modification Charges

FIXED ASSETS:

· Land

· Building

· Plant and Machinery

· Computer

· Vehicles

· Furniture and Fixture

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 EXGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.60.38
UK Pound	1	Rs.11.63
Euro	1	Rs.83.50

INFORMATION DETAILS

Information Gathered by :	HNA
Analysis Done by :	RAS
Report Prepared by :	VNT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	8
PAID-UP CAPITAL	1~10	7
OPERATING SCALE	1~10	7
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	7
--PROFITABILIRY	1~10	7
--LIQUIDITY	1~10	7
--LEVERAGE	1~10	7
--RESERVES	1~10	7
--CREDIT LINES	1~10	7
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		64

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.