MIRA INFORM REPORT

Report Date :

06.02.2014

IDENTIFICATION DETAILS

Name :	PREMIER EVOLVICS PRIVATE LIMITED (w.e.f. 29.10.2004)
Formerly Known As :	PREMIER POLYTRONICS PRIVATE LIMITED PREMIER POLYTRONICS LIMITED PREMIER TEXTILE INSTRUMENTS LIMITED
Registered Office :	No. 244, ATD Street, Race Course, Coimbatore – 641018, Tamilnadu
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	16.09.1981
Com. Reg. No.:	18-001107
Capital Investment / Paid-up Capital :	Rs. 25.213 Millions
CIN No.: [Company Identification No.]	U02520TZ1981PTC001107
TAN No.: [Tax Deduction & Collection Account No.]	CMBP03036F
PAN No.: [Permanent Account No.]	AABCP3031A
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer of Testing Instruments for Fibers and Yarns, Machine Vision Systems and On-Line Monitoring Equipment.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (51)

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

Maximum Credit Limit :	USD 5700000
Status :	Satisfactory
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is a well-established company having satisfactory track record. The company possesses a decent financial profile marked by fair networth position during 2013. Profit margin appears to be good. There are no external borrowings recorded in the books during the year. Trade relations are fair. Business is active. Payment terms are reported as regular and as per commitment. The company can be considered for 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 – 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

The services sector, the largest contributor to India’s GDP, contracted for the sixth consecutive month in December, as orders dipped. However, hiring has risen.  Direct tax collections rose 12.3 % during the April – December period of the current financial year.  The government has decided to retain 100 per cent foreign direct investment in both greenfield (new) and brown field (existing) pharmaceutical companies, despite concerns over genetic drugs going out of production, if multi-national companies take over domestic ones. In M&A deals, a non-compete clause would not be allowed, except in special circumstances. The Department of Industrial Policy and Promotion plans to release the next edition of its consolidated foreign direct investment policy document on March 31, incorporating changes made in the past year. DIPP compiles all policies related to India’s FDI regime into a single document to make it easy for investors to understand. 185 million estimated number of mobile internet users in India by June 2014, according to a report by the Internet & Mobile Association of India and IMRB International.  India had 110 million mobile internet users with 25 million in rural areas. $3.77 tn estimated global IT spending in 2014, according to research firm Gartner Inc. The growth forecast for this year is cut to 3.1 %from the earlier estimate of 3.5 %. The spending growth forecast for telecom services – a segment that accounts for more than 40 % at total IT spending – from 1.9 per cent to 1.2 per cent is the main reason for this overall IT cut. A Reserve Bank of India committee has recommended setting up a special category of lenders who would cater to small businesses and households, to expand the number of customers with access to banking services. These banks would focus on providing payment services and deposit products.  Indian banks want the free use of automated teller machines to be capped at five transactions in a month including that of the bank in which the account is active. This follows state government order to banks to install security guards at ATM booths after a woman banker was assaulted in Bangalore. The government is likely to present a vote on Account in mid-February. The annual Economic Survey will be tabled later in Parliament along with the full Budget. A full Budget for 2014/15 is likely to be present in July by the new government formed after the General Election. The government will soon launch an internet spy system, called Netra, to detect malafide messages. Security agency will deploy the system to capture dubious voice traffic on applications such as Skype and Google Talk, as well as tweeters.

RBI DEFAULTERS’ LIST STATUS

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

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

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

LOCATIONS

Registered Office :	No. 244, ATD Street, Race Course, Coimbatore – 641018, Tamilnadu, India
Tel. No.:	91-422-6611000
Fax No.:	91-422-6611005
E-Mail :	mail@premiermills.com mail@evolvics.com secretary@premiermills.com
Website :	http://www.evolvics.com http://www.premierevolvics.com
Factory 1 :	304, Trichy Road, Singanallur, Coimbatore – 641005, Tamilnadu, India
Factory 2 :	SF No.79/6, Kulathur Road, Venkitapuram Post, R V L Colony West Road, TNHB Housing Unit, Singanallur, Coimbatore - 641062, Tamilnadu, India

DIRECTORS

AS ON 24.08.2013

Name :

Mr. Ramachandran Jagadish Chandran

Designation :

Managing director

Address :

# 245, ATD Street, Race Course, Coimbatore – 641018, Tamilnadu, India

Date of Birth/Age :

06.03.1941

Date of Appointment :

01.04.2009

DIN No.:

00005205

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	U17111TZ1945PTC000146	PREMIER SPG AND WVG MILLS PRIVATE LIMITED	Director	12/08/2006	14/08/1964	-	Active	NO
2	U02520TZ1981PTC001107	PREMIER EVOLVICS PRIVATE LIMITED	Managing director	01/04/2009	11/03/1983	-	Active	NO
3	U17111TZ1994PTC005511	PREMIER MILLS PRIVATE LIMITED	Managing director	01/04/2012	16/11/1994	-	Active	NO
4	U17111TZ1995PTC005901	PREMIER FINE LINENS PRIVATE LIMITED	Director	12/08/2006	08/03/1995	-	Active	NO
5	U29252TZ1996PTC007017	PREMIER COTTON TEXTILES PRIVATE LIMITED	Director	08/03/1996	08/03/1996	-	Active	NO
6	U65921TZ1979PTC000861	CAPRICORN GENERAL FINANCE PRIVATE LIMITED	Director	28/09/1998	28/09/1998	-	Active	NO
7	U72200TZ1998PTC008616	NUVA SYSTEMS PRIVATE LIMITED	Director	20/10/1998	20/10/1998	-	Active	NO
8	U52110TZ1987PTC001973	CARE PRODUCTS PRIVATE LIMITED	Director	18/12/1998	18/12/1998	-	Active	NO
9	U29191TZ1984PTC001443	RAAVIAR ENGINEERING PRIVATE LIMITED	Director	18/12/1998	18/12/1998	03/02/2009	Active	NO
10	U65993TZ1999PTC008834	PRIMERA INVESTMENTS PRIVATE LIMITED	Director	12/04/1999	12/04/1999	03/02/2009	Active	NO
11	U17111TZ1987PTC001943	COIMBATORE HOLDINGS PRIVATE LIMITED	Director	19/08/1999	19/08/1999	03/02/2009	Active	NO
12	U17111TZ1981PTC001108	PREMIER TEXTILE TRADERS PRIVATE LIMITED	Director	13/08/2001	13/08/2001	03/02/2009	Active	NO
13	U17111TZ1994PTC005512	PTL TEXTILES COIMBATORE PRIVATE LIMITED	Director	17/08/2001	17/08/2001	-	Active	NO
14	U65993TZ1981PTC001130	UDAMALPET INVESTMENT COMPANY PRIVATE LIMITED	Director	17/09/2001	17/09/2001	-	Active	NO
15	U65910TZ1980PTC000951	PREMIER LEASING PRIVATE LIMITED	Director	17/09/2001	17/09/2001	-	Strike off	NO
16	U65910TZ1980PTC000950	COIMBATORE LEASING PRIVATE LIMITED	Director	17/09/2001	17/09/2001	-	Strike off	NO
17	U65993TZ1983PTC001284	OTHAKKALMANDAPAM INVESTMENT AND FINANCE PRIVATE LIMITED	Director	17/09/2001	17/09/2001	03/02/2009	Active	NO
18	U65993TZ1985PTC001691	BELATHUR INVESTMENTS PRIVATE LIMITED	Director	17/09/2001	17/09/2001	03/02/2009	Active	NO
19	U65993TZ1985PTC001690	BAGALUR INVESTMENTS PRIVATE LIMITED	Director	17/09/2001	17/09/2001	03/02/2009	Active	NO
20	U05110TZ1981PTC001029	SHANTHI CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	18/09/2001	18/09/2001	-	Active	NO
21	U05110TZ1981PTC001024	SABITHA CHANDRAN TRADERS PRIVATE LIMITED	Director	18/09/2001	18/09/2001	-	Active	NO
22	U65993TZ1980PTC000907	SABITHA CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18/09/2001	18/09/2001	-	Active	NO
23	U65993TZ1981PTC001011	SABITHA CHANDRAN INVESTMENTS NO II PRIVATE LIMITED	Director	18/09/2001	18/09/2001	-	Active	NO
24	U65993TZ1981PTC001012	KAVITHA CHANDRAN INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	18/09/2001	18/09/2001	-	Active	NO
25	U65993TZ1980PTC000908	KAVITHA CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18/09/2001	18/09/2001	-	Active	NO
26	U05110TZ1981PTC001028	KAVITHA CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	18/09/2001	18/09/2001	-	Active	NO
27	U50102TZ1981PTC001025	JAGADISH CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	18/09/2001	18/09/2001	-	Active	NO
28	U65993TZ1980PTC000909	JAGADISH CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18/09/2001	18/09/2001	-	Active	NO
29	U65993TZ1981PTC001010	JAGADISH CHANDRAN INVESTMENT COIMBATORE PRIVATE LIMITED	Director	18/09/2001	18/09/2001	-	Active	NO
30	U65993TZ1980PTC000911	VIJAYALAKSHMI INVESTMENTS PRIVATE LIMITED	Director	18/09/2001	18/09/2001	-	Active	NO
31	U65993TZ1981PTC001009	VIJAYALAKSHMI INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	18/09/2001	18/09/2001	-	Active	NO
32	U05110TZ1981PTC001027	VIJAYALAKSHMI ENTERPRISERS PRIVATE LIMITED	Director	18/09/2001	18/09/2001	-	Active	NO
33	U65993TZ1981PTC001008	SHANTHI CHANDRAN INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	18/09/2001	18/09/2001	-	Active	NO
34	U65993TZ1983PTC001285	PULANKINAR INVESTMENT AND FINANCE PRIVATE LIMITED	Director	19/09/2001	19/09/2001	-	Active	NO
35	U29191TZ1984PTC001442	DHANALAKSHMI ENGINEERING PRIVATE LIMITED	Director	19/09/2001	19/09/2001	-	Active	NO
36	U70101TZ2002PTC010073	PULIAKULAM HOLDINGS PRIVATE LIMITED	Director	08/03/2002	08/03/2002	-	Active	NO
37	U70101TZ2002PTC010074	BAGALUR HOLDINGS PRIVATE LIMITED	Director	08/03/2002	08/03/2002	-	Active	NO
38	U70101TZ2002PTC010075	UDAMALPET HOLDINGS PRIVATE LIMITED	Director	08/03/2002	08/03/2002	03/02/2009	Active	NO
39	U65993TZ2002PTC010417	GLENDALE HOLDINGS PRIVATE LIMITED	Director	26/12/2002	26/12/2002	-	Active	NO
40	U17111TZ2003PTC010611	ORION POLYFAB PRIVATE LIMITED	Director	30/05/2003	30/05/2003	-	Active	NO
41	U74999TZ1981PTC001106	PRIMERO INTIMATES PRIVATE LIMITED	Director	18/06/2003	18/06/2003	-	Active	NO
42	U07010TZ2003PTC010635	PFYL HOLDINGS PRIVATE LIMITED	Director	18/06/2003	18/06/2003	-	Active	NO
43	U70102TZ2003PTC010686	RAAVIAR HOLDINGS PRIVATE LIMITED	Director	24/07/2003	24/07/2003	03/02/2009	Active	NO
44	U65993TZ2003PTC010752	ARASUR HOLDINGS PRIVATE LIMITED	Director	05/09/2003	05/09/2003	-	Active	NO
45	U40108TZ2003PTC010753	PERUNGUDI WIND FARMS PRIVATE LIMITED	Director	05/09/2003	05/09/2003	-	Active	NO
46	U65993TZ2003PTC010751	NARANAPURAM HOLDINGS PRIVATE LIMITED	Director	05/09/2003	05/09/2003	-	Active	NO
47	U70101TZ2004PTC010970	PULANKINAR HOLDINGS PRIVATE LIMITED	Director	09/02/2004	09/02/2004	-	Active	NO
48	U65993TZ2004PTC011202	POLYTRONICS HOLDINGS PRIVATE LIMITED	Director	24/06/2004	24/06/2004	-	Active	NO
49	U17111TZ1984PTC001384	COIMBATORE NONWOVENS PRIVATE LIMITED	Director	13/07/2004	13/07/2004	-	Active	NO
50	U18101TZ2004PTC011439	KULATHUR HOLDINGS PRIVATE LIMITED	Director	24/11/2004	24/11/2004	-	Active	NO
51	U17111TZ1987PTC001972	PRIMA PRODUCTS PRIVATE LIMITED	Director	04/08/2006	04/08/2006	-	Active	NO
52	U17111TZ2003PTC010452	COIMBATORE POLYTEX PRIVATE LIMITED	Director	04/08/2006	04/08/2006	-	Active	NO
53	U65993TZ1980PTC000910	SHANTHI CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18/09/2006	18/09/2006	-	Active	NO
54	U65921TZ1979PTC000842	PGF HOLDINGS (COIMBATORE) PRIVATE LIMITED	Director	28/09/2006	28/09/2006	-	Active	NO
55	U70101TZ2004PTC010971	P C T HOLDINGS PRIVATE LIMITED	Director	30/09/2006	30/09/2006	-	Active	NO
56	U65993TZ2004PTC011203	AVANASHI HOLDINGS PRIVATE LIMITED	Director	30/09/2006	30/09/2006	-	Active	NO
57	U70101TZ2007PTC013415	THENNAMPALAYAM HOLDINGS PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Active	NO
58	U70101TZ2007PTC013414	PALLADAM HOLDINGS PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Active	NO
59	U70101TZ2007PTC013416	NEELAMBUR HOLDINGS PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Active	NO
60	U70102TZ2007PTC013417	IRUGUR HOLDINGS PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Active	NO
61	U01111TZ2007PTC013458	VALAVADI FARMS PRIVATE LIMITED	Director	21/02/2007	21/02/2007	-	Active	NO
62	U17111TZ2008PTC014141	PREMIER TEXTILES PRIVATE LIMITED	Director	08/01/2008	08/01/2008	-	Active	NO
63	U17111TZ2008PTC014142	PREMIER FINE YARNS PRIVATE LIMITED	Director	08/01/2008	08/01/2008	-	Active	NO
64	U18101TZ2008PTC014569	PRIMERO GARMENTS PRIVATE LIMITED	Director	18/06/2008	18/06/2008	-	Active	NO
65	U17111TZ2008PTC014617	PREMIER POLYWEAVES PRIVATE LIMITED	Director	07/07/2008	07/07/2008	-	Active	NO
66	U17111TZ2008PTC014616	PREMIER HOME TEXTILES PRIVATE LIMITED	Director	07/07/2008	07/07/2008	-	Active	NO
67	U70101TZ2004PTC010972	CTPL HOLDINGS PRIVATE LIMITED	Director	18/08/2009	03/02/2009	-	Active	NO
68	U07010TZ2003PTC010636	PPL HOLDINGS PRIVATE LIMITED	Director	22/08/2013	21/02/2013	-	Active	NO
69	U70100TZ2013PTC019294	BANGALORE TERRACE HOLDINGS PRIVATE LIMITED	Director	21/03/2013	21/03/2013	-	Active	NO
70	U70100TZ2013PTC019287	HEBBAL HOLDINGS PRIVATE LIMITED	Director	21/03/2013	21/03/2013	-	Active	NO

Name :

Karadibhavi Varadarajan Srinivasan

Designation :

Director

Address :

# 3 V P Naidu Street, Avanashi Road, Coimbatore – 641018, Tamilnadu, India

Date of Birth/Age :

13.03.1961

Date of Appointment :

01.07.1989

DIN No.:

00004103

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	U02919TZ1985PTC001672	ESVEE CONSULTANTS AND ENGINEERS PRIVATE LIMITED	Director	27/09/1985	27/09/1985	-	Active	NO
2	U02520TZ1981PTC001107	PREMIER EVOLVICS PRIVATE LIMITED	Director	01/07/1989	01/07/1989	-	Active	NO
3	U17111TZ1976PTC000755	SREE NARASIMHA TEXTILES PRIVATE LIMITED	Managing director	07/06/1991	07/06/1991	-	Active	NO
4	U17111TZ1945PTC000146	PREMIER SPG AND WVG MILLS PRIVATE LIMITED	Director	07/09/1991	07/09/1991	-	Active	NO
5	U63040TZ1978PTC000813	HOLIDAY TRAVELS PRIVATE LIMITED	Director	29/09/1992	29/09/1992	-	Active	NO
6	U17111TZ1994PTC005511	PREMIER MILLS PRIVATE LIMITED	Managing director	16/11/1994	16/11/1994	-	Active	NO
7	U17111TZ1995PTC005901	PREMIER FINE LINENS PRIVATE LIMITED	Managing director	01/06/2007	08/03/1995	-	Active	NO
8	U72200TZ1998PTC008616	NUVA SYSTEMS PRIVATE LIMITED	Director	12/04/2000	12/04/2000	-	Active	NO
9	U17111TZ1994PTC005512	PTL TEXTILES COIMBATORE PRIVATE LIMITED	Director	17/08/2001	17/08/2001	-	Active	NO
10	U70101TZ2002PTC010117	SREE NARASIMHA HOLDINGS PRIVATE LIMITED	Director	26/03/2002	26/03/2002	-	Active	NO
11	U65993TZ2002PTC010400	LAKSHMI NARASIMHA HOLDINGS PRIVATE LIMITED	Director	16/12/2002	16/12/2002	-	Active	NO
12	U65993TZ2002PTC010415	SNT HOLDINGS PRIVATE LIMITED	Director	26/12/2002	26/12/2002	-	Active	NO
13	U65993TZ2002PTC010416	KARADIVAVI HOLDINGS PRIVATE LIMITED	Director	26/12/2002	26/12/2002	-	Active	NO
14	U07010TZ2003PTC010636	PPL HOLDINGS PRIVATE LIMITED	Director	18/06/2003	18/06/2003	-	Active	NO
15	U07010TZ2003PTC010647	LAKSHMI NARASIMHA HOLDINGS (COIMBATORE) PRIVATE LIMITED	Director	25/06/2003	25/06/2003	-	Active	NO
16	U70102TZ2003PTC010686	RAAVIAR HOLDINGS PRIVATE LIMITED	Director	24/07/2003	24/07/2003	03/02/2009	Active	NO
17	U40108TZ2003PTC010753	PERUNGUDI WIND FARMS PRIVATE LIMITED	Director	05/09/2003	05/09/2003	-	Active	NO
18	U17120MH1967PLC013669	CONFEDERATION OF INDIAN TEXTILE INDUSTRY	Director	24/09/2003	24/09/2003	-	Active	NO
19	U70101TZ2004PTC010970	PULANKINAR HOLDINGS PRIVATE LIMITED	Director	09/02/2004	09/02/2004	-	Active	NO
20	U17111TZ2004PTC011073	LAKSHMI NARASIMHA TEXTILES PRIVATE LIMITED	Managing director	13/11/2009	01/04/2004	-	Active	NO
21	U65993TZ2004PTC011200	PACHAPALAYAM HOLDINGS PRIVATE LIMITED	Director	24/06/2004	24/06/2004	-	Active	NO
22	U18101TZ2004PTC011439	KULATHUR HOLDINGS PRIVATE LIMITED	Director	24/11/2004	24/11/2004	-	Active	NO
23	U17111TZ1987PTC001972	PRIMA PRODUCTS PRIVATE LIMITED	Director	04/08/2006	04/08/2006	-	Active	NO
24	U17111TZ2003PTC010452	COIMBATORE POLYTEX PRIVATE LIMITED	Director	04/08/2006	04/08/2006	-	Active	NO
25	U70101TZ2007PTC013415	THENNAMPALAYAM HOLDINGS PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Active	NO
26	U70101TZ2007PTC013414	PALLADAM HOLDINGS PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Active	NO
27	U70101TZ2007PTC013416	NEELAMBUR HOLDINGS PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Active	NO
28	U70102TZ2007PTC013417	IRUGUR HOLDINGS PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Active	NO
29	U91110MH1954NPL009385	THE COTTON TEXTILES EXPORT PROMOTION COUNCIL	Director	21/09/2007	21/09/2007	-	Active	NO
30	U55101TZ1995PTC006173	SUPER AIRPORT HOLDINGS (INDIA) PRIVATE LIMITED	Director	15/09/2008	23/08/2008	23/09/2013	Active	NO
31	U70101TZ2002PTC010074	BAGALUR HOLDINGS PRIVATE LIMITED	Director	28/09/2012	24/04/2012	-	Active	NO

Name :

Mr. Sridhar Varadaraj

Designation :

Managing director

Address :

# 9 V P Naidu Street, Avanashi Road, Coimbatore – 641018, Tamilnadu, India

Date of Birth/Age :

24.11.1969

Date of Appointment :

23.08.1995

DIN No.:

00007603

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	Company/ LLP Status	Defaulting status
1	U02919TZ1985PTC001672	ESVEE CONSULTANTS AND ENGINEERS PRIVATE LIMITED	Director	25/06/1988	25/06/1988	Active	NO
2	U17111TZ1976PTC000755	SREE NARASIMHA TEXTILES PRIVATE LIMITED	Director	30/09/1994	30/09/1994	Active	NO
3	U02520TZ1981PTC001107	PREMIER EVOLVICS PRIVATE LIMITED	Managing director	23/08/1995	23/08/1995	Active	NO
4	U17111TZ1995PTC005901	PREMIER FINE LINENS PRIVATE LIMITED	Director	05/01/1996	05/01/1996	Active	NO
5	U72200TZ1998PTC008616	NUVA SYSTEMS PRIVATE LIMITED	Managing director	20/10/1998	20/10/1998	Active	NO
6	U70101TZ2002PTC010117	SREE NARASIMHA HOLDINGS PRIVATE LIMITED	Director	26/03/2002	26/03/2002	Active	NO
7	U65993TZ2002PTC010400	LAKSHMI NARASIMHA HOLDINGS PRIVATE LIMITED	Director	16/12/2002	16/12/2002	Active	NO
8	U65993TZ2002PTC010415	SNT HOLDINGS PRIVATE LIMITED	Director	26/12/2002	26/12/2002	Active	NO
9	U65993TZ2002PTC010416	KARADIVAVI HOLDINGS PRIVATE LIMITED	Director	26/12/2002	26/12/2002	Active	NO
10	U17111TZ1994PTC005511	PREMIER MILLS PRIVATE LIMITED	Director	18/06/2003	18/06/2003	Active	NO
11	U07010TZ2003PTC010647	LAKSHMI NARASIMHA HOLDINGS (COIMBATORE) PRIVATE LIMITED	Director	25/06/2003	25/06/2003	Active	NO
12	U17111TZ2004PTC011073	LAKSHMI NARASIMHA TEXTILES PRIVATE LIMITED	Director	01/04/2004	01/04/2004	Active	NO
13	U65993TZ2004PTC011200	PACHAPALAYAM HOLDINGS PRIVATE LIMITED	Director	24/06/2004	24/06/2004	Active	NO
14	U18101TZ2004PTC011439	KULATHUR HOLDINGS PRIVATE LIMITED	Director	24/11/2004	24/11/2004	Active	NO
15	U70101TZ2004PTC010971	P C T HOLDINGS PRIVATE LIMITED	Director	06/09/2005	06/09/2005	Active	NO
16	U74999TZ1981PTC001106	PRIMERO INTIMATES PRIVATE LIMITED	Director	29/09/2012	12/04/2012	Active	NO
17	AAB-7835	RICCO DELIZIO LLP	Designated Partner	24/09/2013	24/09/2013	Active	NO

Name :

Sabitha Chandran

Designation :

Director

Address :

# 245, ATD Street, Race Course, Coimbatore – 641018, Tamilnadu, India

Date of Birth/Age :

07.04.1942

Date of Appointment :

03.08.2002

DIN No.:

00003889

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	U63040TZ1978PTC000813	HOLIDAY TRAVELS PRIVATE LIMITED	Director	28/08/1978	28/08/1978	-	Active	NO
2	U65993TZ1980PTC000907	SABITHA CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18/02/1980	18/02/1980	-	Active	NO
3	U65993TZ1980PTC000908	KAVITHA CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18/02/1980	18/02/1980	-	Active	NO
4	U65993TZ1980PTC000910	SHANTHI CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18/02/1980	18/02/1980	-	Active	NO
5	U65993TZ1980PTC000909	JAGADISH CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18/02/1980	18/02/1980	-	Active	NO
6	U65993TZ1980PTC000911	VIJAYALAKSHMI INVESTMENTS PRIVATE LIMITED	Director	18/02/1980	18/02/1980	-	Active	NO
7	U65993TZ1981PTC001011	SABITHA CHANDRAN INVESTMENTS NO II PRIVATE LIMITED	Director	09/02/1981	09/02/1981	-	Active	NO
8	U65993TZ1981PTC001012	KAVITHA CHANDRAN INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	09/02/1981	09/02/1981	-	Active	NO
9	U65993TZ1981PTC001010	JAGADISH CHANDRAN INVESTMENT COIMBATORE PRIVATE LIMITED	Director	09/02/1981	09/02/1981	-	Active	NO
10	U65993TZ1981PTC001009	VIJAYALAKSHMI INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	09/02/1981	09/02/1981	-	Active	NO
11	U05110TZ1981PTC001029	SHANTHI CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	16/03/1981	16/03/1981	-	Active	NO
12	U05110TZ1981PTC001024	SABITHA CHANDRAN TRADERS PRIVATE LIMITED	Director	16/03/1981	16/03/1981	-	Active	NO
13	U05110TZ1981PTC001028	KAVITHA CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	16/03/1981	16/03/1981	-	Active	NO
14	U50102TZ1981PTC001025	JAGADISH CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	16/03/1981	16/03/1981	-	Active	NO
15	U05110TZ1981PTC001027	VIJAYALAKSHMI ENTERPRISERS PRIVATE LIMITED	Director	16/03/1981	16/03/1981	-	Active	NO
16	U65993TZ1981PTC001008	SHANTHI CHANDRAN INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	16/03/1981	16/03/1981	-	Active	NO
17	U65993TZ1981PTC001130	UDAMALPET INVESTMENT COMPANY PRIVATE LIMITED	Director	28/12/1981	28/12/1981	-	Active	NO
18	U65910TZ1980PTC000951	PREMIER LEASING PRIVATE LIMITED	Director	21/04/1984	21/04/1984	-	Strike off	NO
19	U65910TZ1980PTC000950	COIMBATORE LEASING PRIVATE LIMITED	Director	21/04/1984	21/04/1984	-	Strike off	NO
20	U29191TZ1984PTC001442	DHANALAKSHMI ENGINEERING PRIVATE LIMITED	Director	09/07/1984	09/07/1984	-	Active	NO
21	U65921TZ1979PTC000861	CAPRICORN GENERAL FINANCE PRIVATE LIMITED	Director	27/07/1987	27/07/1987	-	Active	NO
22	U17111TZ1945PTC000146	PREMIER SPG AND WVG MILLS PRIVATE LIMITED	Director	19/08/1996	19/08/1996	-	Active	NO
23	U65993TZ1983PTC001285	PULANKINAR INVESTMENT AND FINANCE PRIVATE LIMITED	Director	26/08/1999	26/08/1999	-	Active	NO
24	U17111TZ1994PTC005512	PTL TEXTILES COIMBATORE PRIVATE LIMITED	Director	17/08/2001	17/08/2001	-	Active	NO
25	U70101TZ2002PTC010075	UDAMALPET HOLDINGS PRIVATE LIMITED	Director	08/03/2002	08/03/2002	03/02/2009	Active	NO
26	U17111TZ1995PTC005901	PREMIER FINE LINENS PRIVATE LIMITED	Director	03/08/2002	03/08/2002	-	Active	NO
27	U02520TZ1981PTC001107	PREMIER EVOLVICS PRIVATE LIMITED	Director	03/08/2002	03/08/2002	-	Active	NO
28	U17111TZ1994PTC005511	PREMIER MILLS PRIVATE LIMITED	Director	01/04/2012	03/08/2002	-	Active	NO
29	U29191TZ1984PTC001443	RAAVIAR ENGINEERING PRIVATE LIMITED	Director	08/08/2002	08/08/2002	03/02/2009	Active	NO
30	U29252TZ1996PTC007017	PREMIER COTTON TEXTILES PRIVATE LIMITED	Director	08/08/2002	08/08/2002	-	Active	NO
31	U52110TZ1987PTC001973	CARE PRODUCTS PRIVATE LIMITED	Director	08/08/2002	08/08/2002	-	Active	NO
32	U17111TZ1987PTC001943	COIMBATORE HOLDINGS PRIVATE LIMITED	Director	08/08/2002	08/08/2002	03/02/2009	Active	NO
33	U65993TZ2002PTC010417	GLENDALE HOLDINGS PRIVATE LIMITED	Director	26/12/2002	26/12/2002	-	Active	NO
34	U74999TZ1981PTC001106	PRIMERO INTIMATES PRIVATE LIMITED	Director	18/06/2003	18/06/2003	-	Active	NO
35	U07010TZ2003PTC010635	PFYL HOLDINGS PRIVATE LIMITED	Director	18/06/2003	18/06/2003	-	Active	NO
36	U70102TZ2003PTC010686	RAAVIAR HOLDINGS PRIVATE LIMITED	Director	24/07/2003	24/07/2003	03/02/2009	Active	NO
37	U65993TZ2003PTC010752	ARASUR HOLDINGS PRIVATE LIMITED	Director	05/09/2003	05/09/2003	-	Active	NO
38	U40108TZ2003PTC010753	PERUNGUDI WIND FARMS PRIVATE LIMITED	Director	05/09/2003	05/09/2003	-	Active	NO
39	U65993TZ2003PTC010751	NARANAPURAM HOLDINGS PRIVATE LIMITED	Director	05/09/2003	05/09/2003	-	Active	NO
40	U70101TZ2004PTC010970	PULANKINAR HOLDINGS PRIVATE LIMITED	Director	09/02/2004	09/02/2004	-	Active	NO
41	U65993TZ2004PTC011203	AVANASHI HOLDINGS PRIVATE LIMITED	Director	24/06/2004	24/06/2004	-	Active	NO
42	U17111TZ1984PTC001384	COIMBATORE NONWOVENS PRIVATE LIMITED	Director	13/07/2004	13/07/2004	-	Active	NO
43	U18101TZ2004PTC011439	KULATHUR HOLDINGS PRIVATE LIMITED	Director	24/11/2004	24/11/2004	-	Active	NO
44	U65921TZ1979PTC000842	PGF HOLDINGS (COIMBATORE) PRIVATE LIMITED	Director	28/09/2006	28/09/2006	-	Active	NO
45	U70101TZ2007PTC013415	THENNAMPALAYAM HOLDINGS PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Active	NO
46	U70101TZ2007PTC013414	PALLADAM HOLDINGS PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Active	NO
47	U70101TZ2007PTC013416	NEELAMBUR HOLDINGS PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Active	NO
48	U70102TZ2007PTC013417	IRUGUR HOLDINGS PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Active	NO
49	U17111TZ2003PTC010452	COIMBATORE POLYTEX PRIVATE LIMITED	Director	10/08/2007	07/02/2007	-	Active	NO
50	U01111TZ2007PTC013458	VALAVADI FARMS PRIVATE LIMITED	Director	21/02/2007	21/02/2007	-	Active	NO
51	U70101TZ2002PTC010074	BAGALUR HOLDINGS PRIVATE LIMITED	Director	08/08/2007	22/03/2007	-	Active	NO
52	U70101TZ2002PTC010073	PULIAKULAM HOLDINGS PRIVATE LIMITED	Director	08/08/2007	22/03/2007	-	Active	NO
53	U17111TZ2008PTC014141	PREMIER TEXTILES PRIVATE LIMITED	Director	08/01/2008	08/01/2008	-	Active	NO
54	U17111TZ2008PTC014142	PREMIER FINE YARNS PRIVATE LIMITED	Director	08/01/2008	08/01/2008	-	Active	NO
55	U18101TZ2008PTC014569	PRIMERO GARMENTS PRIVATE LIMITED	Director	18/06/2008	18/06/2008	-	Active	NO
56	U17111TZ2008PTC014617	PREMIER POLYWEAVES PRIVATE LIMITED	Director	07/07/2008	07/07/2008	-	Active	NO
57	U17111TZ2008PTC014616	PREMIER HOME TEXTILES PRIVATE LIMITED	Director	07/07/2008	07/07/2008	-	Active	NO
58	U17111TZ2003PTC010611	ORION POLYFAB PRIVATE LIMITED	Director	17/08/2009	03/02/2009	-	Active	NO
59	U70101TZ2004PTC010972	CTPL HOLDINGS PRIVATE LIMITED	Director	18/08/2009	03/02/2009	-	Active	NO
60	U70100TZ2013PTC019294	BANGALORE TERRACE HOLDINGS PRIVATE LIMITED	Director	21/03/2013	21/03/2013	-	Active	NO
61	U70100TZ2013PTC019287	HEBBAL HOLDINGS PRIVATE LIMITED	Director	21/03/2013	21/03/2013	-	Active	NO

Name :

Ms. Shanthi Srinivasan

Designation :

Director

Address :

3 V Palanisway Naidu Street, Avanashi Road, Coimbatore – 641018, Tamilnadu, India

Date of Birth/Age :

27.11.1965

Date of Appointment :

12.08.2006

DIN No.:

00004146

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	U63040TZ1978PTC000813	HOLIDAY TRAVELS PRIVATE LIMITED	Managing director	30/11/1984	30/11/1984	-	Active	NO
2	U65993TZ1980PTC000910	SHANTHI CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	01/09/1986	01/09/1986	-	Active	NO
3	U65993TZ1980PTC000909	JAGADISH CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	01/09/1986	01/09/1986	-	Active	NO
4	U65993TZ1981PTC001010	JAGADISH CHANDRAN INVESTMENT COIMBATORE PRIVATE LIMITED	Director	01/09/1986	01/09/1986	-	Active	NO
5	U65993TZ1980PTC000911	VIJAYALAKSHMI INVESTMENTS PRIVATE LIMITED	Director	01/09/1986	01/09/1986	-	Active	NO
6	U65993TZ1981PTC001009	VIJAYALAKSHMI INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	01/09/1986	01/09/1986	-	Active	NO
7	U05110TZ1981PTC001027	VIJAYALAKSHMI ENTERPRISERS PRIVATE LIMITED	Director	01/09/1986	01/09/1986	-	Active	NO
8	U65993TZ1981PTC001008	SHANTHI CHANDRAN INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	01/09/1986	01/09/1986	-	Active	NO
9	U05110TZ1981PTC001029	SHANTHI CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	01/09/1986	01/09/1986	-	Active	NO
10	U65993TZ1983PTC001285	PULANKINAR INVESTMENT AND FINANCE PRIVATE LIMITED	Director	26/08/1999	26/08/1999	-	Active	NO
11	U65993TZ2004PTC011202	POLYTRONICS HOLDINGS PRIVATE LIMITED	Director	24/06/2004	24/06/2004	-	Active	NO
12	U18101TZ2004PTC011439	KULATHUR HOLDINGS PRIVATE LIMITED	Director	24/11/2004	24/11/2004	-	Active	NO
13	U07010TZ2003PTC010636	PPL HOLDINGS PRIVATE LIMITED	Director	15/12/2004	15/12/2004	-	Active	NO
14	U17111TZ1994PTC005511	PREMIER MILLS PRIVATE LIMITED	Director	01/04/2012	04/08/2006	-	Active	NO
15	U17111TZ1995PTC005901	PREMIER FINE LINENS PRIVATE LIMITED	Managing director	01/06/2007	04/08/2006	-	Active	NO
16	U02520TZ1981PTC001107	PREMIER EVOLVICS PRIVATE LIMITED	Director	12/08/2006	12/08/2006	-	Active	NO
17	U17111TZ1976PTC000755	SREE NARASIMHA TEXTILES PRIVATE LIMITED	Director	20/09/2008	08/09/2007	-	Active	NO
18	U70101TZ2004PTC010972	CTPL HOLDINGS PRIVATE LIMITED	Director	29/09/2011	22/08/2011	-	Active	NO

Name :

Ms. Kavitha Varadaraj

Designation :

Director

Address :

9 V Palanisway Naidu Street, Avanashi Road, Coimbatore – 641018, Tamilnadu, India

Date of Birth/Age :

03.01.1970

Date of Appointment :

01.04.2012

DIN No.:

00007412

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	Company/ LLP Status	Defaulting status
1	U63040TZ1978PTC000813	HOLIDAY TRAVELS PRIVATE LIMITED	Director	29/09/1992	29/09/1992	Active	NO
2	U05110TZ1981PTC001024	SABITHA CHANDRAN TRADERS PRIVATE LIMITED	Director	28/09/1998	28/09/1998	Active	NO
3	U65993TZ1980PTC000907	SABITHA CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	28/09/1998	28/09/1998	Active	NO
4	U65993TZ1981PTC001011	SABITHA CHANDRAN INVESTMENTS NO II PRIVATE LIMITED	Director	28/09/1998	28/09/1998	Active	NO
5	U65993TZ1981PTC001012	KAVITHA CHANDRAN INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	28/09/1998	28/09/1998	Active	NO
6	U65993TZ1980PTC000908	KAVITHA CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	28/09/1998	28/09/1998	Active	NO
7	U05110TZ1981PTC001028	KAVITHA CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	28/09/1998	28/09/1998	Active	NO
8	U50102TZ1981PTC001025	JAGADISH CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	28/09/1998	28/09/1998	Active	NO
9	U29191TZ1984PTC001442	DHANALAKSHMI ENGINEERING PRIVATE LIMITED	Director	19/08/1999	19/08/1999	Active	NO
10	U72200TZ1998PTC008616	NUVA SYSTEMS PRIVATE LIMITED	Director	12/04/2000	12/04/2000	Active	NO
11	U74999TZ1981PTC001106	PRIMERO INTIMATES PRIVATE LIMITED	Managing director	01/04/2012	18/06/2003	Active	NO
12	U65993TZ2004PTC011203	AVANASHI HOLDINGS PRIVATE LIMITED	Director	24/06/2004	24/06/2004	Active	NO
13	U18101TZ2004PTC011439	KULATHUR HOLDINGS PRIVATE LIMITED	Director	24/11/2004	24/11/2004	Active	NO
14	U70101TZ2004PTC010971	P C T HOLDINGS PRIVATE LIMITED	Director	06/09/2005	06/09/2005	Active	NO
15	U17111TZ1995PTC005901	PREMIER FINE LINENS PRIVATE LIMITED	Director	04/08/2006	04/08/2006	Active	NO
16	U17111TZ1994PTC005511	PREMIER MILLS PRIVATE LIMITED	Managing director	01/06/2007	04/08/2006	Active	NO
17	U02520TZ1981PTC001107	PREMIER EVOLVICS PRIVATE LIMITED	Director	01/04/2012	12/08/2006	Active	NO
18	AAB-7835	RICCO DELIZIO LLP	Designated Partner	24/09/2013	24/09/2013	Active	NO

Name :

Mr. Rohit Rajendran

Designation :

Director

Address :

No.13, Ward No.18, Nethaji Road, Coimbatore – 641037, Tamilnadu, India

Date of Birth/Age :

04.07.1979

Date of Appointment :

24.09.2007

DIN No.:

00030631

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	Company/ LLP Status	Defaulting status
1	U17111TZ1945PTC000146	PREMIER SPG AND WVG MILLS PRIVATE LIMITED	Director	03/08/2005	03/08/2005	Active	NO
2	U17111TZ1987PTC001972	PRIMA PRODUCTS PRIVATE LIMITED	Director	05/09/2005	05/09/2005	Active	NO
3	U17111TZ2003PTC010452	COIMBATORE POLYTEX PRIVATE LIMITED	Director	05/09/2005	05/09/2005	Active	NO
4	U17115TZ1984PTC001383	PREMIER TEXTURISERS PRIVATE LIMITED	Director	04/08/2006	04/08/2006	Active	NO
5	U17111TZ1995PTC005901	PREMIER FINE LINENS PRIVATE LIMITED	Director	03/08/2007	02/12/2006	Active	NO
6	U17111TZ1994PTC005511	PREMIER MILLS PRIVATE LIMITED	Director	03/08/2007	02/12/2006	Active	NO
7	U02520TZ1981PTC001107	PREMIER EVOLVICS PRIVATE LIMITED	Director	24/09/2007	30/06/2007	Active	NO
8	U17111TZ2004PTC011207	RAAVIAR TEXTILES PRIVATE LIMITED	Director	30/09/2013	30/09/2013	Active	NO
9	U70102TZ2003PTC010686	RAAVIAR HOLDINGS PRIVATE LIMITED	Director	30/09/2013	30/09/2013	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 24.08.2013

Names of Shareholders	No. of Shares
Sabitha Chandran	756375
Kavitha Varadaraj	504250
R Jagadish Chandran	756375
Sridhar Varadaraj	504250
Total	2521250

AS ON 24.08.2013

Equity Share Breakup	Percentage of Holding
Category
Directors or relatives of directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer of Testing Instruments for Fibers and Yarns, Machine Vision Systems and On-Line Monitoring Equipment.

GENERAL INFORMATION

No. of Employees :	Not Available
Bankers :	Punjab National Bank Oppanakara Street, Coimbatore - 641001, Tamilnadu, India Andhra Bank 17 Mill Road, Coimbatore - 641001, Tamilnadu, India The Bank Of Nova Scotia Classic Towers, 1547 Trichy Road, Coimbatore - 641018, Tamilnadu, India

Banking Relations :	--
Auditors :
Name :	Jagannathan and Visvanathan Chartered Accountants
Address :	67A "Sri Krishna Krupa", P and T Colony Main Road, Kavundampalayam, Coimbatore – 641030, Tamilnadu, India
Income-tax PAN of auditor or auditor's firm :	AAJPV2562K
Subsidiary Company :	PFYL Holdings Private Limited [U07010TZ2003PTC010635] Pulankinar Holdings Private Limited [U70101TZ2004PTC010970] P C T Holdings Private Limited [U70101TZ2004PTC010971] Polytronics Holdings Private Limited [U65993TZ2004PTC011202] Pachapalayam Holdings Private Limited [U65993TZ2004PTC011200] Avanashi Holdings Private Limited [U65993TZ2004PTC011203] Puliakulam Holdings Private Limited [U70101TZ2002PTC010073] Irugur Holdings Private Limited [U70102TZ2007PTC013417] Hebbal Holdings Private Limited [U70100TZ2013PTC019287] Premier (Jiangsu) Textile Electronics Company Limited
Associate Company :	Holiday Travels Private Limited Coimbatore Polytex Private Limited Sree Narasimha Textiles Private Limited Lakshmi Narasimha Textiles Private Limited Premier Cotton Textiles Premier Spg and Wvg Mills Private Limited Prima Products Private Limited Premier Fine Linens Private Limited Capricon General Finance Private Limited CTPL Holdings Private Limited Neelambur Holdings Private Limited PPL Holdings Private Limited

CAPITAL STRUCTURE

AS ON 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
3,400,000	Equity Shares	Rs. 10/- each	Rs. 34.000 Millions
10,000	Preference Shares	Rs. 10/- each	Rs. 0.100 Million
	Total		Rs. 34.100 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
2,521,250	Equity Shares	Rs. 10/- each	Rs. 25.213 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	25.213	25.213	25.213
(b) Reserves & Surplus	1403.656	1580.406	1508.641
(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)	1428.869	1605.619	1533.854
(3) Non-Current Liabilities
(a) long-term borrowings	0.000	0.000	0.000
(b) Deferred tax liabilities (Net)	12.186	12.544	13.505
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	8.600	8.396	8.084
Total Non-current Liabilities (3)	20.786	20.940	21.589
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	8.068	5.780	36.145
(c) Other current liabilities	71.742	77.090	67.608
(d) Short-term provisions	5.394	5.199	3.635
Total Current Liabilities (4)	85.204	88.069	107.388
TOTAL	1534.859	1714.628	1662.831
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	232.574	247.779	251.399
(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	25.701	25.801	24.901
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	503.224	814.596	793.450
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	761.499	1088.176	1069.750
(2) Current assets
(a) Current investments	580.301	503.607	0.000
(b) Inventories	41.463	62.472	41.867
(c) Trade receivables	33.003	24.428	36.557
(d) Cash and cash equivalents	101.999	19.413	212.983
(e) Short-term loans and advances	13.923	16.221	297.578
(f) Other current assets	2.671	0.311	4.096
Total Current Assets	773.360	626.452	593.081
TOTAL	1534.859	1714.628	1662.831

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Revenue from operations	375.144	382.577	397.780
		Other Income	6.755	18.771	16.860
		TOTAL (A)	381.899	401.348	414.640
Less	EXPENSES
		TOTAL (B)	276.714	273.525	256.784
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		105.185	127.823	157.856
Less	FINANCIAL EXPENSES (D)		0.000	0.000	0.000
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		105.185	127.823	157.856
Less/ Add	DEPRECIATION/ AMORTISATION (F)		19.422	20.919	22.975
	PROFIT BEFORE TAX (E-F) (G)		85.763	106.904	134.881
Less	TAX (H)		28.092	35.139	45.128
	PROFIT AFTER TAX (G-H) (I)		57.671	71.765	89.753
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		1461.996	1390.231	1300.478
Less	APPROPRIATIONS
		Transfer to General Reserve	5.767	0.000	0.000
		Interim Dividend	201.700	0.000	0.000
		Corporate Tax on Dividend	32.721	0.000	0.000
	BALANCE CARRIED TO THE B/S		1279.479	1461.996	1390.231
	IMPORTS
		Raw Materials	16.900	31.269	29.705
	Earnings Per Share (Rs.)		22.87	28.46	35.60

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
PAT / Total Income	(%)	15.10	17.88	21.65
Net Profit Margin (PBT/Sales)	(%)	22.86	27.94	8.23
Return on Total Assets (PBT/Total Assets}	(%)	5.68	6.33	8.23
Return on Investment (ROI) (PBT/Networth)		0.06	0.07	0.09
Debt Equity Ratio (Total Debt/Networth)		0.00	0.00	0.00
Current Ratio (Current Asset/Current Liability)		9.08	7.11	5.52

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check List by Info Agents	Available in Report (Yes / No)
1]	Year of Establishment	Yes
2]	Locality of the firm	Yes
3]	Constitutions of the firm	Yes
4]	Premises details	No
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	Yes
8]	No. of employees	No
9]	Name of person contacted	No
10]	Designation of contact person	No
11]	Turnover of firm for last three years	Yes
12]	Profitability for last three years	Yes
13]	Reasons for variation <> 20%	--
14]	Estimation for coming financial year	No
15]	Capital in the business	Yes
16]	Details of sister concerns	Yes
17]	Major suppliers	No
18]	Major customers	No
19]	Payments terms	No
20]	Export / Import details (if applicable)	No
21]	Market information	--
22]	Litigations that the firm / promoter involved in	--
23]	Banking Details	Yes
24]	Banking facility details	Yes
25]	Conduct of the banking account	--
26]	Buyer visit details	--
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	Yes
30]	Major Shareholders, if available	Yes
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	No
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	90004242	29/07/2006 *	38,000,000.00	THE BANK OF NOVA SCOTIA	CLASSIC TOWERS, 1547 TRICHY ROAD, COIMBATORE - 641018, TAMILNADU, INDIA	-
2	90004217	12/08/2006 *	66,000,000.00	ANDHRA BANK	17 MILL ROAD, COIMBATORE - 641001, TAMILNADU, INDIA	-
3	90004191	07/12/2006 *	66,000,000.00	PUNJAB NATIONAL BANK	OPPANAKARA STREET, COIMBATORE - 641001, TAMILNADU, INDIA	-

* Date of charge modification

CONTINGENT LIABILITIES:

Particulars	31.03.2013 (Rs. In Millions)	31.03.2012 (Rs. In Millions)
On account of statutory demands disputed and not provided for	7.864	7.864

FIXED ASSETS:

Land-Freehold

Buildings

Machinery

Electrical Machinery

Data Processing Machines

Office Equipments and Fixture

Motor Vehicles

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. 62.45
UK Pound	1	Rs. 102.01
Euro	1	Rs. 84.35

INFORMATION DETAILS

Report Prepared by :

BVA

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILIRY	1~10	6
--LIQUIDITY	1~10	6
--LEVERAGE	1~10	6
--RESERVES	1~10	6
--CREDIT LINES	1~10	5
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTERS
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		51

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.