1. Summary Information

		Country	India
Company Name	Cosmic Consumer Goods Private Limited	Principal Name 1	Mr. Om Prakash Khetan
Status	Moderate	Principal Name 2	Mr. Umesh Kumar Saraf
		Registration #	21-099876
Street Address	16, Ganesh Chandra Avenue, 7^th Floor, Kolkata - 700013, West Bengal, India
Established Date	21.09.2004	SIC Code	--
Telephone#	Not Available	Business Style 1	Manufacturer
Fax #	Not Available	Business Style 2	Importer
Homepage	--	Product Name 1	PVC/PU Leather Cloth
# of employees	25 (Approximately)	Product Name 2	--
Paid up capital	Rs. 9,476,000/-	Product Name 3	--
Shareholders	Bodies corporate – 100 %	Banking	Corporation Bank
Public Limited Corp.	No	Business Period	10 Years
IPO	No	International Ins.	-
Public Enterprise	No	Rating	B (28)
Related Company
Relation	Country	Company Name	CEO
--	--	--	--
Note	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2013		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	25,784,000	Current Liabilities	479,000
Inventories	498,000	Long-term Liabilities	89,177,000
Fixed Assets	120,134,000	Other Liabilities	44,000
Deferred Assets	0,000	Total Liabilities	89,700,000
Invest& other Assets	199,520,000	Retained Earnings	246,760,000
		Net Worth	256,236,000
Total Assets	345,936,000	Total Liab. & Equity	345,936,000
Total Assets (Previous Year)	346,141,000
P/L Statement as of	31.03.2013	(Unit: Indian Rs.)	P/L Statement as of
Total Income	284,000	Net Profit	(45,000)
Total Income (Previous yr)	354,000	Net Profit(Prev.yr)	14,000

MIRA INFORM REPORT

Report Date :

19.07.2014

IDENTIFICATION DETAILS

Name :	COSMIC CONSUMER GOODS PRIVATE LIMITED
Registered Office :	16, Ganesh Chandra Avenue, 7^th Floor, Kolkata - 700013, West Bengal
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	21.09.2004
Com. Reg. No.:	21-099876
Capital Investment / Paid-up Capital :	Rs. 9.476 Millions
CIN No.: [Company Identification No.]	U51909WB2004PTC099876
TIN No.:	06401334164
PAN No.: [Permanent Account No.]	AACCC4921F
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer, Importer and Trader of PVC/PU Leather Cloth.
No. of Employees :	25 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

B (28)

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

Maximum Credit Limit :	USD 1100000
Status :	Moderate
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is an established company having moderate track. Even though the company incorporated during 2004 the company has not commenced its core business operations the company earning some income from interest received. However, networth of the company is good. As per registrar of companies the status of the company is shown as active. . Payment terms are unknown. The company can be considered for business dealings 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 – 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

N E W S

The economy grew 4.7 %in 2013/14, marking a second straight year of sub-5 % growth – the worst slowdown in more than a quarter of a century. The data was below an official estimate of 4.9 % annual growth and compared with 4.5 % in the last fiscal year. However, the current account deficit narrowed sharply to $ 32.4 billion at 1.7 % of gross domestic product, in 2013/14 from a record high of $ 98.8 billion or 4.7 %, the year before.A sharp fall in gold imports due to restrictions on overseas purchases and muted import of capital goods helped shrink the current account deficit.

Online retailer Flipkart has acquired fashion portal Myntra as it prepares to battle with the rapidly expanding India arm of the global e-commerce giant Amazon. The company raised $ 210 million from Russian Investment firm DST Global which has also invested in companies like Facebook, Twitter and Alibaba Group.

General Motors will start exporting vehicles from its Talegaon plant near Pune in the second half of 2014. GM was one of the few global carmakers that was using its India plant only for the domestic market.

Google has overtaken Apple as the world’s top brand in terms of value, according to global market research agency Millward Brown. Google’s brand value shot up 40 % in a year to $ 158.84 billion. The top 10 of the 100 slots were dominated by US companies.

Infosys lost another heavy weight when B G Srinivas, a board member put in his papers. He is the third CEO-hopeful to quit after Chairman N R Narayana Murthy’s return to the company – Ashok Vemuri and V Balakrishnan being the other two.While Vemuri went on to lead IGate, Balakrishnan joined politics.

Naresh Goyal – promoted Jet Airways posted biggest quarterly loss – Rs 2153.37 crore – in the three months ended March 31, mainly because it has been offering discounts to passengers to fill planes.

William S Pinckney – Chairman and CEO of Amway India was arrested by the Andhra Pradesh Police in connection with a complaint against the direct selling firm. This is the second time that he has been taken into custody. A year, ago the Kerala Police had arrested Pinckney and two company directors on charges of financial irregularities.

China has told its state-owned enterprises to sever links with American consulting firms after the United States charged five Chinese military officers wih hacking US companies. China’s action which targets consultancies like McKinsey & Co. and the Boston Consulting Group, sterns from fears that the first are providing trade secrets to the US governments.

India has emerged as a country with some of the highest unregistered businesses in the world. Indonesia has the maximum number of shadow businesses, says a study of 68 countries by Imperial College Business School in London.

Pfizer has abandoned its attempt to buy AstraZeneca for nearly $ 118 billion after the latter refused an offer of 55 pounds a share.

RBI DEFAILTERS’ LIST STATUS

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

EPF (Employee Provident Fund) DEFAILTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2014.

INFORMATION PARTED BY (General Details)

Name :	Mr. Manish Khetan
Designation :	Chief Executive Officer
Contact No.:	91-9810315641
Date :	16.07.2014

LOCATIONS

Registered Office :	16, Ganesh Chandra Avenue, 7^th Floor, Kolkata - 700013, West Bengal, India
Tel. No.:	Not Available
Mobile No.:	91-9810315641 (Mr. Manish Khetan)
Fax No.:	Not Available
E-Mail :	corporatevision8@gmail.com
Factory :	Plot No. 206, Sector- 58 Faridabad – 121004, Haryana, India
Tel. No.:	91-129-2306660 / 61

DIRECTORS

AS ON 30.09.2013

Name :

Mr. Om Prakash Khetan

Designation :

Additional director

Address :

House No.762, Sector – 15, Faridabad – 121007, Haryana, India

Date of Birth/Age :

01.01.1948

Date of Appointment :

18.05.2011

DIN No. :

00042930

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	U74999HR1982PLC031341	KUMAR ASHIS PROJECTS LIMITED	Whole-time director	01/01/2010	26/05/1986	12/12/2011	Amalgamated	NO
2	U51109WB1995PTC069267	COINSAVE DISTRIBUTORS PVT LTD	Director	07/01/2002	07/01/2002	-	Active	NO
3	U65922WB1990PTC049804	AJC LEASING & FINANCE COMPANY PVT LTD	Director	20/02/2004	20/02/2004	-	Active	NO
4	U51109WB2005PTC104256	LAGAN VYAPAAR PRIVATE LIMITED	Director	19/07/2007	19/07/2007	15/02/2010	Active	NO
5	U51109WB2006PTC107618	PASSION BARTER PVT LTD	Director	17/08/2007	17/08/2007	14/09/2007	Active	NO
6	U52110WB1996PTC082414	PROMPT VINTRADE PRIVATE LIMITED	Director	14/09/2007	14/09/2007	02/06/2010	Active	NO
7	U51909WB2004PTC099876	COSMIC CONSUMER GOODS PRIVATE LIMITED	Additional director	18/05/2011	18/05/2011	-	Active	NO
8	U51109WB2006PTC107617	PROMINENT VANIJYA PVT LTD	Director	02/04/2012	02/04/2012	-	Active	NO

Name :

Mr. Umesh Kumar Saraf

Designation :

Director

Address :

Flat No.11, DD – 35, Nehru Enclave, Kalkaji, New Delhi – 110019, India

Date of Birth/Age :

09.05.1952

Date of Appointment :

25.01.2007

DIN No. :

00873639

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	L74899DL1984PLC017356	MANGALAM ENGINEERING PROJECTS LIMITED	Director	25/02/1985	25/02/1985	-	Active	NO
2	U74999HR1982PLC031341	KUMAR ASHIS PROJECTS LIMITED	Director	12/05/1986	12/05/1986	12/12/2011	Amalgamated	NO
3	U51909WB2004PTC099876	COSMIC CONSUMER GOODS PRIVATE LIMITED	Director	25/01/2007	25/01/2007	-	Active	NO
4	U72200DL2004PTC127355	MBA INFOSOFT PRIVATE LIMITED	Director	30/09/2013	19/04/2013	-	Active	NO

Name :

Mr. Anil Tekriwal

Designation :

Additional director

Address :

House No.2300, Sectro – 8, Ballabhgarh, Faridabad – 121004, Haryana, India

Date of Appointment :

12.12.2011

DIN No. :

00913251

Other Directorship :

.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	U74999HR1982PLC031341	KUMAR ASHIS PROJECTS LIMITED	Whole-time director	10/03/2002	10/03/2002	12/12/2011	Amalgamated	NO
2	U51909WB2004PTC099876	COSMIC CONSUMER GOODS PRIVATE LIMITED	Additional director	12/12/2011	12/12/2011	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Manish Khetan
Designation :	Chief Executive Officer

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 30.09.2013

Names of Shareholders	No. of Shares
AJC Leasing and Finance Company Private Limited, India	223000
Coinsave Distributors Private Limited, India	231000
Om Prakash Khetan (HUF)	75000
Total	529000

AS ON 01.07.2013

Names of Shareholders	No. of Shares
ZIGZAZ Commercial Private Limited Company, India	180000
Coinsave Distributors Private Limited, India	43600
Sulabh Commoslaes Company Private Limited, India	195000
Total	418600

AS ON 30.09.2013

Equity Share Break up (Percentage of Total Equity)

Category	Percentage of Holding
Bodies corporate	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer, Importer and Trader of PVC/PU Leather Cloth.
Imports :
Products :	PVC/PU Leather Cloth
Countries :	Korea
Terms :
Selling :	Cash and Credit (30 days)
Purchasing :	Cash and Credit (30 days)

GENERAL INFORMATION

Customers :

Retailers and Others

No. of Employees :

25 (Approximately)

Bankers :

· Exim Bank

· Corporation Bank, Faridabad – 121004, Haryana, India

· State Bank of Patiala

· HDFC Bank Limited

· Axis Bank

Facilities :

SECURED LOANS	31.03.2013 (Rs. in Millions)	31.03.2012 (Rs. in Millions)
LONG TERM BORROWINGS
Exim Bank – Term Loans	89.177	89.177
Total	89.177	89.177

Banking Relations :
Auditors :
Name :	Arun Kumar Mohata Chartered Accountant
Address :	CE – 30, Salt Lake, Sector - 1, Ground Floor, Kolkata – 70064, West Bengal, India
PAN No.:	AEYPM6204N
Tel. No.:	91-33-23344947
E-Mail :	arun.mohata@gmail.com

CAPITAL STRUCTURE

AS ON 30.09.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
950000	Equity Shares	Rs.10/- each	Rs.9.500 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
947600	Equity Shares	Rs.10/- each	Rs. 9.476 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	9.476	5.290	5.290
(b) Reserves & Surplus	246.760	250.992	46.639
(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)	256.236	256.282	51.929
(3) Non-Current Liabilities
(a) long-term borrowings	89.177	89.177	0.000
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	89.177	89.177	0.000
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	0.449	0.443	15.000
(c) Other current liabilities	0.030	0.197	0.104
(d) Short-term provisions	0.044	0.042	0.000
Total Current Liabilities (4)	0.523	0.682	15.104
TOTAL	345.936	346.141	67.033
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	120.134	110.854	0.000
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	73.718	49.972	0.656
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	125.802	162.303	6.146
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	2.822	3.392	53.072
(e) Other Non-current assets	9.131	2.268	0.056
Total Non-Current Assets	331.607	328.789	59.930
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	0.498	0.498	0.498
(c) Trade receivables	13.055	13.639	5.975
(d) Cash and cash equivalents	0.761	3.088	0.608
(e) Short-term loans and advances	0.000	0.000	0.000
(f) Other current assets	0.015	0.127	0.022
Total Current Assets	14.329	17.352	7.103
TOTAL	345.936	346.141	67.033

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2013	31.03.2012	31.03.2011
	SALES
	Revenue from operations	0.000	0.000	0.000
	Other Income	0.284	0.354	0.003
	TOTAL	0.284	0.354	0.003
Less	EXPENSES
	Employees benefits expense	0.072	0.120	0.000
	Other expenses	0.257	0.214	0.043
	TOTAL	0.329	0.334	0.043
	PROFIT/ (LOSS) BEFORE TAX	(0.045)	0.020	(0.040)
Less	TAX	0.000	0.006	0.000
	PROFIT/ (LOSS) AFTER TAX	(0.045)	0.014	(0.040)
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD	(0.057)	(0.071)	(0.031)
	BALANCE CARRIED TO THE B/S	(0.102)	(0.057)	(0.071)
	Earnings / (Loss) Per Share (Rs.)	0.00	0.03	0.00

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
PAT / Total Income	(%)	(15.85)	3.95	(1333.33)
Net Profit Margin (PBT/Sales)	(%)	0.00	0.00	0.00
Return on Total Assets (PBT/Total Assets)	(%)	(0.03)	0.01	(0.07)
Return on Investment (ROI) (PBT/Networth)		0.00	0.00	(0.00)
Debt Equity Ratio (Total Debt /Networth)		0.35	0.35	0.00
Current Ratio (Current Asset/Current Liability)		27.40	25.44	0.47

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	5.290	5.290	9.476
Reserves & Surplus	46.639	250.992	246.760
Net worth	51.929	256.282	256.236
long-term borrowings	0.000	89.177	89.177
Short term borrowings	0.000	0.000	0.000
Total borrowings	0.000	89.177	89.177
Debt/Equity ratio	0.000	0.348	0.348

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)
Other Income	0.003	0.354	0.284
		11,700.000	(19.774)

NET PROFIT MARGIN

Net Profit Margin	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Other Income	0.003	0.354	0.284
Profit/(Loss) After Tax	(0.040)	0.014	(0.045)
	(1333.33%)	3.95%	(15.85%)

LOCAL AGENCY FURTHER INFORMATION

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

VIEW INDEX OF CHARGES

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10322204	13/12/2011 *	150,000,000.00	EXPORT-IMPORT BANK OF INDIA	CENTRE ONE BUILDING, FLOOR 21, WORLD TRADE CENTRE COMPLEX, CUFFE PARADE, MUMBAI, MAHARASHTRA - 400005, INDIA	B27718857

* Date of charge modification

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 records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

6] Records on Int’l Anti-Money Laundering Laws/Standards :

Charges or investigation registered against subject: None

7] Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

8] Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

9] Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

CONTRAVENTION

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.60.33
UK Pound	1	Rs.103.18
Euro	1	Rs.81.58

INFORMATION DETAILS

Analysis Done by :	DIV
Report Prepared by :	SNT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
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	5
--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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		28

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.