.

MIRA INFORM REPORT

Report Date :

28.01.2014

IDENTIFICATION DETAILS

Name :	GLOBAL COKE LIMITED (w.e.f. 01.09.2009)
Formerly Known As :	GLOBAL COKE PRIVATE LIMITED (w.e.f 05.10.2007) PARASNATH ORCHARDS PRIVATE LIMITED
Registered Office :	204, Elgin Chambers, 2^nd Floor, 1A, Ashutosh Mukherjee Road, Kolkata – 700020, West Bengal
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	03.03.1999
Com. Reg. No.:	21-088892
Capital Investment / Paid-up Capital :	Rs.21.111 Millions
CIN No.: [Company Identification No.]	U01122WB1999PLC088892
IEC No.:	0207006211
TAN No.: [Tax Deduction & Collection Account No.]	CALP04949A
PAN No.: [Permanent Account No.]	AADCP1046P
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Manufacture and trading of low ash metallurgical coke and coal.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

B (26)

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

Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established having a moderate track record. There appears accumulated loss recorded by the company during 2013. However, trade relations are fair. Business is active. Payments are reported to be 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 – September 30, 2013

Country Name	Previous Rating (30.06.2013)	Current Rating (30.09.2013)
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 narrowed in the quarter ended September as government measures to curb imports, especially gold, kicked in.  The current account deficit, the excess of a country’s imports of goods and services over exports, narrowed to $ 5.2 billion from $ 21 billion in the year ago period, according to provisional Reserve Bank of India data. Finance Minister P. Chidambaram said the CAD for the year will be less than $ 60 billion or 3 per cent of GDP and the latest data suggests the government may achieve the target.

India was ranked 94^th among the world’s most corrupt nations list. Denmark and New Zealand topped as the cleanest while Somalia emerged as the most corrupt.

India’s services sector activity witnessed a moderate improvement in November over the previous month, even while indicating the fifth successive monthly contraction, according the HSBC survey.

$53 million estimated losses suffered by India due to phishing attacks during the third quarter, according to a study by RSA. India ranks fourth in the list of nations hit by phishing attacks. The US remained at the top of the charts. Phishing is the process of acquiring information such as user names, passwords and credit card details by sending e-mails disguised as official mails.

Rs.4080 million worth of mobile-phone-based transactions by July 2013 compared to Rs.260 million in September, 2012, according to Deloitte report. The number of transactions has shot up from 94000 to 701000.

India aims to earn Rs.400000 million from the bandwidth auction set for January. The merger and acquisition guidelines, cleared by a group of ministers, will be out before the auction begins so that players can make informed decisions on the auctions.

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 :	204, Elgin Chambers, 2^nd Floor, 1A, Ashutosh Mukherjee Road, Kolkata – 700020, West Bengal, India
Tel. No.:	91-33-24866038/39
Fax No.:	91-33/24866041
E-Mail :	cs@globalcoke.in info@globalcoke.in
Website:	http://globalcoke.in
Administrative And Works Office / Factory 1:	Village: Khiri, Taluka: Jodiya, Jamnagar, Gujrat, India
Tel. No.:	91-289-3286431/286433
Fax No.:	91-289-3286432
Administrative And Works Office / Factory 2 :	Village: Vazare, Taluka: Dodamarg Sindhudurg, Maharashtra, India
Tel. No.:	91-2363-305402 to 99
Fax No.:	91-2363-305401
Singapore Office:	GLOBAL MINERALS AND METALS PTE. LIMITED 27-04A, Singapore Land Towers 50, Raffles Place Singapore - 048623
Tel. No.:	+65 62209321
Fax No.:	+65 62209322

DIRECTORS

As on 30.09.2013

Name :

Mr. Devendra Kumar Ojha

Designation :

Managing director

Address :

1, Radha Gobind Nath Sarani Avani Regency, Floor – I, Flat No. 3103, Kolkata – 700033, West Bengal, India

Date of Birth/Age :

15.05.1960

Date of Appointment :

15.02.2010

DIN No.:

00630279

PAN N.:

AAGPO3533L

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	U65999WB1999PTC090115	NERVE KNOCK THEME PARKS PRIVATE LIMITED	Director	12/08/2003	12/08/2003	-	Active	NO
2	U23101WB2000PTC091633	JANMANI INTERNATIONAL PRIVATE LIMITED	Additional director	03/12/2010	21/03/2006	01/06/2011	Active	NO
3	U70109WB2004PTC100033	STUTI ENCLAVE PRIVATE LIMITED	Director	02/08/2006	02/08/2006	21/08/2007	Active	NO
4	U01122WB1999PLC088892	GLOBAL COKE LIMITED.	Managing director	15/02/2010	20/04/2007	-	Active	NO
5	U70101WB1996PTC081267	LAXMI COMPLEX PRIVATE LIMITED	Director	14/05/2007	14/05/2007	-	Active	NO
6	U51909WB1996PTC078936	ZIGMA CONSULTANTS PRIVATE LIMITED	Director	07/07/2009	07/07/2009	04/10/2012	Active	NO
7	U51909WB1996PTC078865	JAI HANUMAN SALES PRIVATE LIMITED	Director	26/03/2010	26/03/2010	28/10/2013	Active	NO
8	U61100WB2010PTC148084	GLOBAL SEAWAYS PRIVATE LIMITED	Director	17/05/2010	17/05/2010	29/03/2013	Active	NO
9	U51109WB2007PTC113808	PRITHVI VINIMAY PRIVATE LIMITED	Director	20/02/2013	20/02/2013	24/06/2013	Active	NO

Name :

Mr. Vivek Ojha

Designation :

Whole-time director

Address :

1, Radha Gobind Nath Sarani Avani Regency, Floor – I, Flat No. 3103, Kolkata – 700033, West Bengal, India

Date of Birth/Age :

12.04.1985

Date of Appointment :

31.08.2010

DIN No.:

02724587

PAN N.:

AAJPO6630K

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	U51909WB1996PTC078936	ZIGMA CONSULTANTS PVT LTD	Director	01/10/2009	01/10/2009	23/02/2013	Active	NO
2	U51909WB1996PTC078865	JAI HANUMAN SALES PRIVATE LIMITED	Director	26/03/2010	26/03/2010	01/03/2013	Active	NO
3	U51909WB2004PTC100367	SAMPURNA VIKAS COMMERCIAL PRIVATE LIMITED	Director	06/04/2010	06/04/2010	19/02/2013	Active	NO
4	U51909WB2007PTC114735	NIMBUS MERCHANTS PRIVATE LIMITED	Director	08/04/2010	08/04/2010	20/02/2013	Active	NO
5	U51109WB2007PTC113808	PRITHVI VINIMAY PRIVATE LIMITED	Director	09/04/2010	09/04/2010	22/02/2013	Active	NO
6	U01122WB1999PLC088892	GLOBAL COKE LIMITED.	Whole-time director	31/08/2010	15/05/2010	-	Active	NO
7	U61100WB2010PTC148084	GLOBAL SEAWAYS PRIVATE LIMITED	Director	17/05/2010	17/05/2010	-	Active	NO

Name :

Bonnya Mukherjee

Designation :

Whole-time director

Address :

Block – III, Floor – 3 , 17 A. Golf Garden, Kolkata – 700033, West Bengal, India

Date of Birth/Age :

08.08.1973

Date of Appointment :

20.04.2007

DIN No.:

01496566

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	U01122WB1999PLC088892	GLOBAL COKE LIMITED.	Whole-time director	24/04/2010	20/04/2007	-	Active	NO
2	U23101WB2000PTC091633	JANMANI INTERNATIONAL PRIVATE LIMITED	Additional director	03/12/2010	03/12/2010	01/06/2011	Active	NO

Name :

Ashwani Ahuja

Designation :

Director

Address :

11/6, Mooban Manana, Wonga Pinklao. D, Agkruay, SOI – 15, Plaibang, Nonthaburi – 10110, Thailand

Date of Birth/Age :

05.02.1949

Date of Appointment :

30.09.2008

DIN No.:

02106993

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	U01122WB1999PLC088892	GLOBAL COKE LIMITED.	Director	30/09/2008	01/04/2008	-	Active	NO

Name :

Mr. Sushanta Kumar Hazra

Designation :

Whole-time director

Address :

121, Kodalia Bandel, Hoogly – 712123, West Bengal, India

Date of Birth/Age :

05.02.1949

Date of Appointment :

01.04.2011

DIN No.:

02663358

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	U01122WB1999PLC088892	GLOBAL COKE LIMITED.	Whole-time director	01/04/2011	02/05/2009	-	Active	NO
2	U23109WB1991PTC051437	BALAJI COKE INDUSTRY PVT LTD	Director	23/11/2009	23/11/2009	10/01/2012	Active	NO
3	U10102WB2003PTC139175	TIRUPATI FUELS PRIVATE LIMITED	Director	23/11/2009	23/11/2009	10/01/2012	Active	NO

Name :

Mr. Ajoy Kumar Deb

Designation :

Nominee director

Address :

H – 1490, CR Park, New Delhi – 110019, India

Date of Birth/Age :

02.11.1952

Date of Appointment :

13.08.2013

DIN No.:

02691119

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	U65923AS1995GOI004529	NORTH EASTERN DEVELOPMENT FINANCE CORPORATION LIMITED	Nominee director	03/06/2009	03/06/2009	26/06/2010	Active	NO
2	U93093MH2009PTC196222	SBI MACQUARIE INFRASTRUCTURE TRUSTEE PRIVATE LIMITED	Director	24/12/2010	18/06/2010	23/02/2012	Active	NO
3	U67100MH2010PTC200030	SBI PAYMENT SERVICES PRIVATE LIMITED	Director	11/08/2011	25/06/2010	20/12/2011	Active	NO
4	U93090MH2010PTC209368	OMAN INDIA JOINT INVESTMENT FUND-TRUSTEE COMPANY PRIVATE LIMITED	Director	23/10/2010	23/10/2010	21/02/2011	Active	NO
5	U74140MH2010PTC209452	OMAN INDIA JOINT INVESTMENT FUND - MANAGEMENT COMPANY PRIVATE LIMITED	Director	26/10/2010	26/10/2010	28/09/2011	Active	NO
6	U74999MH2005PLC155683	SMERA RATINGS LIMITED	Director	27/09/2013	29/01/2013	-	Active	NO
7	U01122WB1999PLC088892	GLOBAL COKE LIMITED.	Nominee director	13/08/2013	13/08/2013	-	Active	NO
8	U74899DL1995PLC074649	IFCI FACTORS LIMITED	Director	30/09/2013	20/08/2013	-	Active	NO
9	U65993DL1988PLC030284	IFCI VENTURE CAPITAL FUNDS LIMITED	Additional director	28/11/2013	28/11/2013	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Reena Kewat
Designation :	Secretary
Address :	P – 24/2, Mayadasi Road, Behala, Kolkata – 700060, West Bengal, India
Date of Birth/Age :	21.07.1982
Date of Appointment :	15.02.2010
PAN No.:	ATIPK3007G

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2013

Names of Shareholders	No. of Shares
Devendra Kumar Ojha	802528
Meena Ojha	5020
Bonnya Mukherjee	10000
Jai Hanuman Sales Private Limited, India	554664
Sigma Consultants Private Limited, India	524458
Prithvi Vinimay Private Limited, India	73200
Sampurna Vikas Commercial Private Limited, India	22823
Nimbus Merchants Private Limited, India	13000
Devendra Kumar Ojha (HUF)	5300
Raj Kumar Ojha	30
Deo Narayan Ojha	30
Texfab Yarns Private Limited, India	20000
Ceeplast Trading Company Private Limited, India	20000
Fiber Texfab Private Limited, India	20000
Polymers Multitrade Private Limited, India	20000
Majestic Garments Private Limited, India	20000
Bluemotion Exports Private Limited, India	850000
Kalinga Vincom Private Limited, India	200000
MGM Projects Private Limited, India	450000
RR Commosale Private Limited, India	500000
Total	4111053

Equity Share Break up (Percentage of Total Equity)

As on 30.09.2013

Category	Percentage
Bodies corporate	79.98
Directors or relatives of Directors	19.89
Other top fifty shareholders	0.13
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacture and trading of low ash metallurgical coke and coal.

Products :

Item Code No.	Product Description
27040030	Coke

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

· State Bank of India (Lead Bank), Industrial Finance Branch, 11, Dr. U. N. Brahmachari Street, Kolkata - 700017, West Bengal, India

· Corporation Bank, Corporate Banking Branch, 17, Bravbourne Road, Kolkata - 700001, West Bengal, India

· Kotak Mahindra Bank Limited, 36-38A, Nariman Bhavan, 227,D, Nariman Point, Mumbai - 400021, Maharashtra, India

· UCO Bank, Industrial Finance Branch, Mcleod House, 3 Netaji Subhas Road, Kolkata - 700001, West Bengal, India

Facilities :

Secured Loan	31.03.2013 (Rs. in Millions)	31.03.2012 (Rs. in Millions)
Long-term Borrowings
Rupee term loans from banks	2183.184	181.033
Rupee term loans from others	0.000	1.357
Loans taken for vehicles	2.792	4.484
Short-term borrowings
Loans repayable on demand	990.443	373.558
Intercorporate borrowings	0.000	194.064
Total	3176.419	754.496

Banking Relations :	--
Auditors :
Name :	R. D A S and Associates Chartered Accountants
Address :	1A, Ashutosh Mukherjee Road Room No. 302A, Kolkata – 700020, West Bengal, India
PAN N Income-tax PAN of auditor or auditor's firm :	ADRPD2424K
Associates:	· Zigma Consultants Private Limited, India [U51909WB1996PTC078936] · Jai Hanuman Sales Private Limited, India [U51909WB1996PTC078865] · Nerve Knock Theme Parks Private Limited, India [U65999WB1999PTC090115] · Global Mineral and Metals PTE Limited, Singapore

CAPITAL STRUCTURE

As on 30.09.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
5000000	Equity Shares	Rs.10/- each	Rs. 50.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
4111053	Equity Shares	Rs.10/- each	Rs. 41.111 Millions

As on 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
3000000	Equity Shares	Rs.10/- each	Rs. 30.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
2111053	Equity Shares	Rs.10/- each	Rs. 21.111 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	21.111	21.111	20.769
(b) Reserves & Surplus	(351.706)	291.283	880.459
(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)	(330.595)	312.394	901.228
(3) Non-Current Liabilities
(a) long-term borrowings	2185.976	186.874	268.342
(b) Deferred tax liabilities (Net)	0.000	0.000	110.790
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	116.472	117.797	108.087
Total Non-current Liabilities (3)	2302.448	304.671	487.219
(4) Current Liabilities
(a) Short term borrowings	993.523	657.504	1636.990
(b) Trade payables	664.847	3680.217	1345.865
(c) Other current liabilities	622.430	179.835	263.531
(d) Short-term provisions	0.000	0.000	3.368
Total Current Liabilities (4)	2280.800	4517.556	3249.754
TOTAL	4252.653	5134.621	4638.201
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	845.891	875.715	802.243
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	239.668	232.377	170.562
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	0.000	34.405	23.033
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	754.978	565.881	676.490
(e) Other Non-current assets	0.000	0.830	0.000
Total Non-Current Assets	1840.537	1709.208	1672.328
(2) Current assets
(a) Current investments	0.000	0.000	25.300
(b) Inventories	1587.911	2090.226	1936.599
(c) Trade receivables	518.485	658.685	626.356
(d) Cash and cash equivalents	66.200	470.409	229.909
(e) Short-term loans and advances	221.585	190.920	147.709
(f) Other current assets	17.935	15.173	0.000
Total Current Assets	2412.116	3425.413	2965.873
TOTAL	4252.653	5134.621	4638.201

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	3428.770	4552.557	7874.282
		Other Income	63.986	29.813	29.457
		TOTAL (A)	3492.756	4582.370	7903.739
Less	EXPENSES
		Cost of materials consumed	2065.857	3953.686	6540.168
		Purchases of stock-in-trade	907.761	445.084	1066.569
		Changes in inventories of finished goods, work-in-progress and stock-in-trade	144.000	(0.653)	(679.998)
		Employee benefit expense	31.218	43.700	17.847
		Other expenses	417.437	350.107	326.731
		Prior period items	0.000	0.745	0.000
		TOTAL (B)	3566.273	4792.669	7271.317
Less	PROFIT / (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		(73.517)	(210.299)	632.422
Less	FINANCIAL EXPENSES (D)		433.954	385.024	162.330
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		(507.471)	(595.323)	470.092
Less/ Add	DEPRECIATION/ AMORTISATION (F)		129.040	122.987	58.843
	PROFIT / (LOSS) BEFORE TAX (E-F) (G)		(636.511)	(718.310)	411.249
Less	TAX (H)		0.000	(110.790)	146.740
	PROFIT / (LOSS) AFTER TAX (G-H) (I)		(636.511)	(607.520)	264.509
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		(194.020)	413.500	152.400
Less	APPROPRIATIONS
		Proposed dividend on equity shares	0.000	0.000	2.900
		Corporate tax on dividend	0.000	0.000	0.500
	BALANCE CARRIED TO THE B/S		(830.531)	(194.020)	413.509
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	37.191	21.499	NA
	TOTAL EARNINGS		37.191	21.499	NA
	Earnings / (Loss) Per Share (Rs.)		(301.51)	(289.27)	127.36

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
PAT / Total Income	(%)	(18.22)	(13.26)	(3.35)
Net Profit Margin (PBT/Sales)	(%)	(18.56)	(15.78)	(5.22)
Return on Total Assets (PBT/Total Assets}	(%)	(15.86)	(14.76)	(9.25)
Return on Investment (ROI) (PBT/Networth)		(1.93)	(2.30)	(0.46)
Debt Equity Ratio (Total Debt /Networth)		(9.62)	(2.70)	(2.11)
Current Ratio (Current Asset/Current Liability)		1.06	0.76	0.91

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	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

BACKGROUND

Subject is engaged in the business of manufacture and trading of low ash metallurgical coke and coal. The Company has its manufacturing facilities located at Jamnagar (Gujarat) and Sindhudurg (Maharashtra).

UNSECURED LOAN

PARTICULARS	31.03.2013 (Rs. in Millions)	31.03.2012 (Rs. in Millions)
Short-term borrowings
Intercorporate deposits	3.080	89.881
Total	3.080	89.881

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10423812	10/04/2013	4,154,500,000.00	STATE BANK OF INDIA (LEAD BANK)	INDUSTRIAL FINANCE BRANCH, 11, DR. U. N. BRAHMACH ARI STREET, KOLKATA, WEST BENGAL - 700017, INDIA	B74456898
2	10423763	30/03/2013	2,663,300,000.00	STATE BANK OF INDIA (LEAD BANK)	INDUSTRIAL FINANCE BRANCH, 11, DR. U. N. BRAHMACHARI STREET, KOLKATA, WEST BENGAL - 700017, INDIA	B74441718
3	10304873	22/08/2011	850,000,000.00	STANDARD CHARTERED BANK	19, N.S. ROAD, KOLKATA, WEST BENGAL - 700001, INDIA	B19905272
4	10303985	06/07/2011	450,000,000.00	PUNJAB NATIONAL BANK	44, PARK STREET,, KOLKATA, WEST BENGAL - 700016, I NDIA	B19527951
5	10265556	27/01/2011	2,700,000.00	BAJAJ FINANCE LIMITED	AKURDI PUNE-, PUNE, MAHARASHTRA - 411035, INDIA	B05915210
6	10248140	30/03/2013 *	4,154,500,000.00	STATE BANK OF INDIA (LEAD BANK)	INDUSTRIAL FINANCE BRANCH, 11, DR. U. N. BRAHMACH ARI STREET, KOLKATA, WEST BENGAL - 700017, INDIA	B74455726
7	10236798	11/08/2010	5,020,000.00	BAJAJ FINANCE LIMITED	AKURDI PUNE-, PUNE, MAHARASHTRA - 411035, INDIA	A93712065
8	10238036	05/08/2010	950,000,000.00	PUNJAB NATIONAL BANK	LARGE CORPORATE BRANCH, 44, PARK STREET, KOLKATA, WEST BENGAL - 700016, INDIA	A93858652
9	10234574	30/03/2013 *	4,154,500,000.00	STATE BANK OF INDIA (LEAD BANK)	INDUSTRIAL FINANCE BRANCH, 11, DR. U. N. BRAHMACH ARI STREET, KOLKATA, WEST BENGAL - 700017, INDIA	B74454190
10	10221125	30/03/2013 *	1,491,200,000.00	STATE BANK OF INDIA (LEAD BANK)	INDUSTRIAL FINANCE BRANCH, 11, DR. U. N. BRAHMACH ARI STREET, KOLKATA, WEST BENGAL - 700017, INDIA	B74440348

* Date of charge modification

FIXED ASSETS

Tangible assets

· Land

· Buildings

· Plant and equipment

· Furniture and fixtures

· Vehicles

· Office equipment

· Computer equipments

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.62.71
UK Pound	1	Rs.103.50
Euro	1	Rs.85.82

INFORMATION DETAILS

Report Prepared by :

KVT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	2
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	2
--CREDIT LINES	1~10	3
--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
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		26

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.