MIRA INFORM REPORT

Report Date :

10.06.2014

IDENTIFICATION DETAILS

Name :	PREMIER SPG AND WVG MILLS PRIVATE LIMITED (w.e.f.11.09.2006)
Formerly Known As :	PREMIER MILLS PRIVATE LIMITED
Registered Office :	No. 1, Nava India Road, Coimbatore – 641028,Tamilnadu
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	19.01.1945
Com. Reg. No.:	18-000146
Capital Investment / Paid-up Capital :	Rs.34.000 Millions
CIN No.: [Company Identification No.]	U17111TZ1945PTC000146
TAN No.: [Tax Deduction & Collection Account No.]	CMBP03134F
PAN No.: [Permanent Account No.]	AABCP3032D
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer, Exporter, Importer of Cotton Yarn, Cotton Fabric, etc.
No. of Employees :	1000 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

A (58)

RATING		STATUS	PROPOSED CREDIT LINE
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large

Maximum Credit Limit :	USD 7059700
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is an old and established company having good track record. Fundamentals of the company is decent. Financial position of the company is strong and healthy. Trade relation reported to be fair. Business is active. Payment terms are reported to be regular and as per commitment. The company can be considered normal 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 – March 31, 2014

Country Name	Previous Rating (31.12.2013)	Current Rating (31.03.2014)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

INDIAN ECONOMIC OVERVIEW

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

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

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

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

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

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

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

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

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

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

RBI DEFAULTERS’ LIST STATUS

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

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

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

INFORMATION PARTED BY

Name :	Ms. Jeeva lata
Designation :	Office Executive
Contact No.:	91-0422-3060100
Date :	30.05.2014

LOCATIONS

Registered Office :	No. 1, Nava India Road, Coimbatore – 641028,Tamilnadu, India
Tel. No.:	91- 422-3060100
Fax No.:	91-422-4312188
E-Mail :	mail@premill.in
Website :	www.premiermills.com
Location :	Owned
Factory 1 :	Malur Main Road, Hosur, Coimbatore – 635124, Tamilnadu, India

DIRECTORS

As on: 27.09.2013

Name :

Mr. Damotharan Rajendran

Designation :

Managing Director

Address :

# 233 Tea Estate, Race Course, Coimbatore – 641018, Tamilnadu, India

Date of Birth/Age :

17.12.1948

Date of Appointment :

10.03.2006

DIN No.:

00003848

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	Managing director	10/03/2006	27/09/1978	-	Active	NO
2	U17111TZ1994PTC005511	PREMIER MILLS PRIVATE LIMITED	Director	16/11/1994	16/11/1994	-	Active	NO
3	U17111TZ1995PTC005901	PREMIER FINE LINENS PRIVATE LIMITED	Director	08/03/1995	08/03/1995	-	Active	NO
4	U65993TZ1992PTC003617	COIMBATORE SAMEERA INVESTMENTS PRIVATE LIMITED	Director	28/09/1998	28/09/1998	-	Active	NO
5	U65993TZ1992PTC003616	ROHIT RAJENDRAN INVESTMENTS PRIVATE LIMITED	Director	28/09/1998	28/09/1998	-	Active	NO
6	U65993TZ1992PTC003615	SAMEERA RAJENDRAN INVESTMENTS PRIVATE LIMITED	Director	28/09/1998	28/09/1998	-	Active	NO
7	U65993TZ1980PTC000921	SHEELA INVESTMENT PRIVATE LIMITED	Director	28/09/1998	28/09/1998	-	Active	NO
8	U65993TZ1981PTC001013	SHEELA INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	28/09/1998	28/09/1998	-	Active	NO
9	U05110TZ1981PTC001026	SHEELA TRADERS PRIVATE LIMITED	Director	28/09/1998	28/09/1998	-	Active	NO
10	U29191TZ1984PTC001443	RAAVIAR ENGINEERING PRIVATE LIMITED	Director	18/12/1998	18/12/1998	-	Active	NO
11	U52110TZ1987PTC001973	CARE PRODUCTS PRIVATE LIMITED	Director	18/12/1998	18/12/1998	-	Active	NO
12	U65993TZ1999PTC008834	PRIMERA INVESTMENTS PRIVATE LIMITED	Director	12/04/1999	12/04/1999	-	Active	NO
13	U17115TZ1984PTC001383	PREMIER TEXTURISERS PRIVATE LIMITED	Director	11/08/1999	11/08/1999	-	Active	NO
14	U17111TZ1987PTC001943	COIMBATORE HOLDINGS PRIVATE LIMITED	Director	19/08/1999	19/08/1999	-	Active	NO
15	U17111TZ1981PTC001108	PREMIER TEXTILE TRADERS PRIVATE LIMITED	Director	13/08/2001	13/08/2001	-	Active	NO
16	U17111TZ1994PTC005512	PTL TEXTILES COIMBATORE PRIVATE LIMITED	Director	17/08/2001	17/08/2001	03/02/2009	Active	NO
17	U65993TZ1985PTC001690	BAGALUR INVESTMENTS PRIVATE LIMITED	Director	17/09/2001	17/09/2001	-	Active	NO
18	U65993TZ1985PTC001691	BELATHUR INVESTMENTS PRIVATE LIMITED	Director	17/09/2001	17/09/2001	-	Active	NO
19	U65993TZ1983PTC001284	OTHAKKALMANDAPAM INVESTMENT AND FINANCE PRIVATE LIMITED	Director	17/09/2001	17/09/2001	-	Active	NO
20	U17111TZ1976PTC000755	SREE NARASIMHA TEXTILES PRIVATE LIMITED	Director	28/09/2001	28/09/2001	-	Active	NO
21	U65993TZ2002PTC010417	GLENDALE HOLDINGS PRIVATE LIMITED	Director	26/12/2002	26/12/2002	03/02/2009	Active	NO
22	U17111TZ2003PTC010611	ORION POLYFAB PRIVATE LIMITED	Director	30/05/2003	30/05/2003	03/02/2009	Active	NO
23	U70101TZ2002PTC010075	UDAMALPET HOLDINGS PRIVATE LIMITED	Director	19/06/2003	19/06/2003	-	Active	NO
24	U17111TZ2004PTC011207	RAAVIAR TEXTILES PRIVATE LIMITED	Director	25/06/2004	25/06/2004	-	Active	NO
25	U17111TZ2003PTC010452	COIMBATORE POLYTEX PRIVATE LIMITED	Director	02/08/2004	02/08/2004	-	Active	NO
26	U17111TZ1987PTC001972	PRIMA PRODUCTS PRIVATE LIMITED	Director	05/09/2005	05/09/2005	-	Active	NO
27	U70101TZ2004PTC010972	CTPL HOLDINGS PRIVATE LIMITED	Director	06/09/2005	06/09/2005	03/02/2009	Active	NO
28	L17111TZ1910PLC000093	THE LAKSHMI MILLS COMPANY LIMITED	Director	14/12/2005	14/12/2005	-	Active	NO
29	U70102TZ2003PTC010686	RAAVIAR HOLDINGS PRIVATE LIMITED	Director	19/08/2009	03/02/2009	-	Active	NO

Name :

Mr. Ramchandran Jagdish Chandran

Designation :

Director

Address :

245, A.T.D. Street, Race Course, Coimbatore – 641018, Tamilnadu, India

Date of Birth/Age :

06.03.1941

Date of Appointment :

12.08.2006

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	COIMBATORE TWISTERS 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 :

Mr. 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 :

07.09.1991

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 :

Ms. Sabitha Chandran

Designation :

Director

Address :

245, A.T.D. Street, Race Course, Coimbatore – 641018, Tamilnadu, India

Date of Birth/Age :

07.04.1942

Date of Appointment :

19.08.1996

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	U65993TZ1980PTC000908	KAVITHA CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18/02/1980	18/02/1980	-	Active	NO
3	U65993TZ1980PTC000907	SABITHA CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18/02/1980	18/02/1980	-	Active	NO
4	U65993TZ1980PTC000911	VIJAYALAKSHMI 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	U65993TZ1980PTC000910	SHANTHI CHANDRAN INVESTMENTS PRIVATE LIMITED	Director	18/02/1980	18/02/1980	-	Active	NO
7	U65993TZ1981PTC001012	KAVITHA CHANDRAN INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	09/02/1981	09/02/1981	-	Active	NO
8	U65993TZ1981PTC001011	SABITHA CHANDRAN INVESTMENTS NO II PRIVATE LIMITED	Director	09/02/1981	09/02/1981	-	Active	NO
9	U65993TZ1981PTC001009	VIJAYALAKSHMI INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	09/02/1981	09/02/1981	-	Active	NO
10	U65993TZ1981PTC001010	JAGADISH CHANDRAN INVESTMENT COIMBATORE PRIVATE LIMITED	Director	09/02/1981	09/02/1981	-	Active	NO
11	U50102TZ1981PTC001025	JAGADISH CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	16/03/1981	16/03/1981	-	Active	NO
12	U05110TZ1981PTC001028	KAVITHA CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	16/03/1981	16/03/1981	-	Active	NO
13	U05110TZ1981PTC001024	SABITHA CHANDRAN TRADERS PRIVATE LIMITED	Director	16/03/1981	16/03/1981	-	Active	NO
14	U05110TZ1981PTC001029	SHANTHI CHANDRAN ENTERPRISERS PRIVATE LIMITED	Director	16/03/1981	16/03/1981	-	Active	NO
15	U65993TZ1981PTC001008	SHANTHI CHANDRAN INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	16/03/1981	16/03/1981	-	Active	NO
16	U05110TZ1981PTC001027	VIJAYALAKSHMI ENTERPRISERS 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	U65910TZ1980PTC000950	COIMBATORE LEASING PRIVATE LIMITED	Director	21/04/1984	21/04/1984	-	Strike off	NO
19	U65910TZ1980PTC000951	PREMIER 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	U02520TZ1981PTC001107	PREMIER EVOLVICS PRIVATE LIMITED	Director	03/08/2002	03/08/2002	-	Active	NO
27	U17111TZ1995PTC005901	PREMIER FINE LINENS 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	U17111TZ1987PTC001943	COIMBATORE HOLDINGS PRIVATE LIMITED	Director	08/08/2002	08/08/2002	03/02/2009	Active	NO
30	U29191TZ1984PTC001443	RAAVIAR ENGINEERING PRIVATE LIMITED	Director	08/08/2002	08/08/2002	03/02/2009	Active	NO
31	U52110TZ1987PTC001973	CARE PRODUCTS PRIVATE LIMITED	Director	08/08/2002	08/08/2002	-	Active	NO
32	U29252TZ1996PTC007017	PREMIER COTTON TEXTILES PRIVATE LIMITED	Director	08/08/2002	08/08/2002	-	Active	NO
33	U65993TZ2002PTC010417	GLENDALE HOLDINGS PRIVATE LIMITED	Director	26/12/2002	26/12/2002	-	Active	NO
34	U74999TZ1981PTC001106	COIMBATORE TWISTERS 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	U65993TZ2003PTC010751	NARANAPURAM HOLDINGS PRIVATE LIMITED	Director	05/09/2003	05/09/2003	-	Active	NO
39	U40108TZ2003PTC010753	PERUNGUDI WIND FARMS 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	U70102TZ2007PTC013417	IRUGUR HOLDINGS PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Active	NO
46	U70101TZ2007PTC013416	NEELAMBUR HOLDINGS PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Active	NO
47	U70101TZ2007PTC013414	PALLADAM HOLDINGS PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Active	NO
48	U70101TZ2007PTC013415	THENNAMPALAYAM 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	U70101TZ2002PTC010073	PULIAKULAM HOLDINGS PRIVATE LIMITED	Director	08/08/2007	22/03/2007	-	Active	NO
52	U70101TZ2002PTC010074	BAGALUR 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	U17111TZ2008PTC014616	PREMIER HOME TEXTILES PRIVATE LIMITED	Director	07/07/2008	07/07/2008	-	Active	NO
57	U17111TZ2008PTC014617	PREMIER POLYWEAVES PRIVATE LIMITED	Director	07/07/2008	07/07/2008	-	Active	NO
58	U70101TZ2004PTC010972	CTPL HOLDINGS PRIVATE LIMITED	Director	18/08/2009	03/02/2009	-	Active	NO
59	U17111TZ2003PTC010611	ORION POLYFAB PRIVATE LIMITED	Director	17/08/2009	03/02/2009	-	Active	NO
60	U70100TZ2013PTC019287	HEBBAL HOLDINGS PRIVATE LIMITED	Director	21/03/2013	21/03/2013	-	Active	NO
61	U70100TZ2013PTC019294	BANGALORE TERRACE HOLDINGS PRIVATE LIMITED	Director	21/03/2013	21/03/2013	-	Active	NO

Name :

Mr. Rohit Rajendran

Designation :

Executive Director

Address :

#13, Nethaji Road, Pappanaickenpalyam, Coimbatore – 641037, Tamil Nadu, India

Date of Birth/Age :

04.07.1979

Date of Appointment :

03.08.2005

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	Date of cessation	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

Name :

Mrs. Sheela Rajendran

Designation :

Director

Address :

# 233 Tea Estate, Race Course, Coimbatore – 641018, Tamilnadu, India

Date of Birth/Age :

19.06.1959

Date of Appointment :

30.09.2011

DIN No.:

00005216

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	U65993TZ1980PTC000921	SHEELA INVESTMENT PRIVATE LIMITED	Director	21/03/1980	21/03/1980	-	Active	NO
2	U63040TZ1978PTC000813	HOLIDAY TRAVELS PRIVATE LIMITED	Director	08/12/1980	08/12/1980	-	Active	NO
3	U65993TZ1981PTC001013	SHEELA INVESTMENTS COIMBATORE PRIVATE LIMITED	Director	09/02/1981	09/02/1981	-	Active	NO
4	U05110TZ1981PTC001026	SHEELA TRADERS PRIVATE LIMITED	Director	16/03/1981	16/03/1981	-	Active	NO
5	U17115TZ1984PTC001383	PREMIER TEXTURISERS PRIVATE LIMITED	Director	23/02/1984	23/02/1984	-	Active	NO
6	U17111TZ1987PTC001972	PRIMA PRODUCTS PRIVATE LIMITED	Director	27/05/1987	27/05/1987	-	Active	NO
7	U65993TZ1992PTC003617	COIMBATORE SAMEERA INVESTMENTS PRIVATE LIMITED	Director	29/01/1992	29/01/1992	-	Active	NO
8	U65993TZ1992PTC003615	SAMEERA RAJENDRAN INVESTMENTS PRIVATE LIMITED	Director	29/01/1992	29/01/1992	-	Active	NO
9	U65993TZ1992PTC003616	ROHIT RAJENDRAN INVESTMENTS PRIVATE LIMITED	Director	29/01/1992	29/01/1992	-	Active	NO
10	U17111TZ2004PTC011207	RAAVIAR TEXTILES PRIVATE LIMITED	Director	25/06/2004	25/06/2004	-	Active	NO
11	U70101TZ2004PTC010972	CTPL HOLDINGS PRIVATE LIMITED	Director	06/09/2005	06/09/2005	03/02/2009	Active	NO
12	U17111TZ2003PTC010452	COIMBATORE POLYTEX PRIVATE LIMITED	Director	04/08/2006	04/08/2006	-	Active	NO
13	U65993TZ1983PTC001284	OTHAKKALMANDAPAM INVESTMENT AND FINANCE PRIVATE LIMITED	Director	19/08/2009	03/02/2009	-	Active	NO
14	U65993TZ1985PTC001691	BELATHUR INVESTMENTS PRIVATE LIMITED	Director	19/08/2009	03/02/2009	-	Active	NO
15	U65993TZ1985PTC001690	BAGALUR INVESTMENTS PRIVATE LIMITED	Director	19/08/2009	03/02/2009	-	Active	NO
16	U70101TZ2002PTC010075	UDAMALPET HOLDINGS PRIVATE LIMITED	Director	19/08/2009	03/02/2009	-	Active	NO
17	U29191TZ1984PTC001443	RAAVIAR ENGINEERING PRIVATE LIMITED	Director	19/08/2009	03/02/2009	-	Active	NO
18	U17111TZ1981PTC001108	PREMIER TEXTILE TRADERS PRIVATE LIMITED	Director	19/08/2009	03/02/2009	-	Active	NO
19	U65993TZ1999PTC008834	PRIMERA INVESTMENTS PRIVATE LIMITED	Director	19/08/2009	03/02/2009	-	Active	NO
20	U70102TZ2003PTC010686	RAAVIAR HOLDINGS PRIVATE LIMITED	Director	19/08/2009	03/02/2009	-	Active	NO
21	U17111TZ1987PTC001943	COIMBATORE HOLDINGS PRIVATE LIMITED	Director	19/08/2009	03/02/2009	-	Active	NO
22	U17111TZ1945PTC000146	PREMIER SPG AND WVG MILLS PRIVATE LIMITED	Director	30/09/2011	10/06/2011	-	Active	NO

Name :

Rangian Jayabal

Designation :

Executive Director

Address :

31-A, ATT Colony, Coimbatore – 641018, Tamilnadu, India

Date of Birth/Age :

19.05.1953

Date of Appointment :

29.09.2012

DIN No.:

00003830

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	U74999TZ1981PTC001106	COIMBATORE TWISTERS PRIVATE LIMITED	Director	29/04/1985	29/04/1985	-	Active	NO
2	U17111TZ1987PTC001972	PRIMA PRODUCTS PRIVATE LIMITED	Director	29/09/2012	11/08/1999	-	Active	NO
3	U17111TZ2003PTC010452	COIMBATORE POLYTEX PRIVATE LIMITED	Director	29/09/2012	01/04/2003	-	Active	NO
4	U17111TZ1994PTC005511	PREMIER MILLS PRIVATE LIMITED	Director	01/04/2012	30/11/2009	-	Active	NO
5	U17111TZ1976PTC000755	SREE NARASIMHA TEXTILES PRIVATE LIMITED	Director	24/09/2010	30/11/2009	-	Active	NO
6	U17111TZ1995PTC005901	PREMIER FINE LINENS PRIVATE LIMITED	Director	30/09/2010	30/11/2009	-	Active	NO
7	U17111TZ2004PTC011073	LAKSHMI NARASIMHA TEXTILES PRIVATE LIMITED	Director	24/09/2010	19/08/2010	-	Active	NO
8	U17111TZ1945PTC000146	PREMIER SPG AND WVG MILLS PRIVATE LIMITED	Director	29/09/2012	15/12/2011	-	Active	NO

KEY EXECUTIVES

Name :	Ms. Jeeva lata
Designation :	Office Executive

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on: 27.09.2013

Names of Shareholders	No. of Shares
Bagalur Investments Private Limited, India	499044
Belathur Investments Private Limited, India	484190
Othakkalmandapam Investment and Finance Private Limited, India	928177
Primera Investments Private Limited, India	1273032
Premier Textile Traders Private Limited, India	90277
R Jagadish Chandran	1000
Rohit Rajendran	46830
D Rajendran	13470
D Rajendran – HUF	19690
Sabitha Chandran	1000
Sheela Rajendran	29340
Mrs. Sameera GopiKumar	6450
D Rajendran B – HUF	7500
TOTAL	3400000

Equity Share Break up (Percentage of Total Equity)

As on: 27.09.2013

Category	Percentage
Bodies corporate	96.32
Directors or relatives of directors	3.68
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer, Exporter, Importer of Cotton Yarn, Cotton Fabric, etc.

Products :

Product Descriptions	ITC Code
Cotton Yarn	52.05
Cotton Fabrics	52.08
Other Woven Fabrics	55.14

Exports :

Products :

Cotton Yarn

Countries :

• UAE
• France

Imports :

Products :

Machinery

Countries :

Belgium

Terms :

Selling :

LC

Purchasing :

LC

GENERAL INFORMATION

Customers :

Wholesalers

No. of Employees :

1000 (Approximately)

Bankers :

· Bank of Baroda, 82 Bank Road, Coimbatore – 641018,Tamilnadu, India

· Export Import Bank of India, Centre One Building, Floor 21, World Trade Centre, Cuffe Parade, Mumbai – 400005

Facilities :

Secured Loan	As on 31.03.2013	As on 31.03.2012
	(Rs. In Millions)
LONG TERM BORROWINGS:
Rupee Term Loan From Banks	666.473	1121.526
SHORT TERM BORROWINGS:
Working Capital Loans From Banks	409.772	163.258
Total	1076.245	1284.784

Banking Relations :	--
Auditors :
Name :	M S Jagannathan and Visvanathan Chartered Accountants
Address :	New No 67A (Old No14/32C) P & T Colony, Kavundampalayam, Coimbatore - 641030,India
PAN No.:	AAEFM3256C
Associates :	Holiday Travels Private Limited Coimbatore Polytex Private Limited Primero Intimates Private Limited Lakshmi Narasimha Textiles Private Limited Raviaar Textiles Private Limited Premier Cotton Textiles Premier Evolvics Private Limited Premier Mills Private Limited Premier Fine Linens Private Limited Premier Texturisers Private Limited Prima Products Private Limited Sree Narasimha Textiles Private Limited
Subsidiaries	Udamalpet Holdings Private Limited Palavoor Wind Farms Private Limited Coimbatore Holdings Private Limited, India CIN NO: U17111TZ1987PTC001943

CAPITAL STRUCTURE

As on: 27.09.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
5250000	Equity Shares	Rs.10/- each	Rs. 52.500 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
3400000	Equity Shares	Rs.10/- each	Rs. 34.000 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	34.000	34.000	34.000
(b) Reserves & Surplus	1730.929	1463.646	1312.226
(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)	1764.929	1497.646	1346.226
(3) Non-Current Liabilities
(a) long-term borrowings	666.873	1121.926	1141.041
(b) Deferred tax liabilities (Net)	313.685	310.952	326.846
(c) Other long term liabilities	0.000	0.000	8.736
(d) long-term provisions	14.728	13.186	20.863
Total Non-current Liabilities (3)	995.286	1446.064	1497.486
(4) Current Liabilities
(a) Short term borrowings	409.772	163.258	182.662
(b) Trade payables	62.778	85.443	116.180
(c) Other current liabilities	239.644	288.280	204.099
(d) Short-term provisions	0.920	4.551	1.911
Total Current Liabilities (4)	713.114	541.532	504.852
TOTAL	3473.329	3485.242	3348.564
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	1661.101	1661.704	1712.414
(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	200.708	0.708	0.707
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	184.539	239.898	204.027
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	2046.348	1902.310	1917.148
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	717.600	636.085	642.129
(c) Trade receivables	290.016	321.099	359.752
(d) Cash and cash equivalents	259.811	496.323	275.219
(e) Short-term loans and advances	98.494	74.827	84.454
(f) Other current assets	61.060	54.598	69.862
Total Current Assets	1426.981	1582.932	1431.416
TOTAL	3473.329	3485.242	3348.564

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	2522.269	2377.553	2516.602
		Other Income	NA	NA	NA
		TOTAL (A)	NA	NA	NA
Less	EXPENSES
		TOTAL (B)	NA	NA	NA
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		700.150	550.577	596.460
Less	FINANCIAL EXPENSES (D)		82.640	119.233	107.906
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		617.510	431.344	488.554
Less/ Add	DEPRECIATION/ AMORTISATION (F)		201.188	206.566	220.545
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)		416.322	224.778	268.009
Less	TAX (H)		149.038	73.358	81.675
	PROFIT / (LOSS) AFTER TAX (G-H) (I)		267.284	151.420	186.334
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		1451.646	1300.226	1113.892
	BALANCE CARRIED TO THE B/S		1718.930	1451.646	1300.226
	EARNINGS IN FOREIGN CURRENCY		896.187	880.184	NA
	Earnings Per Share (Rs.)		78.61	44.54	54.80

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
Net Profit Margin (PBT/Sales)	(%)	16.51	9.45	10.65
Return on Total Assets (PBT/Total Assets}	(%)	12.72	6.45	8.01
Return on Investment (ROI) (PBT/Networth)		0.24	0.15	0.20
Debt Equity Ratio (Total Debt/Networth)		0.61	0.86	0.98
Current Ratio (Current Asset/Current Liability)		2.00	2.92	2.84

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	34.000	34.000	34.000
Reserves & Surplus	1312.226	1463.646	1730.929
Net worth	1346.226	1497.646	1764.929
long-term borrowings	1141.041	1121.926	666.873
Short term borrowings	182.662	163.258	409.772
Total borrowings	1323.703	1285.184	1076.645
Debt/Equity ratio	0.983	0.858	0.610

YEAR-ON-YEAR GROWTH:

Year on Year Growth	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	2516.602	2377.553	2522.269
		(5.525)	6.087

NET PROFIT MARGIN:

Net Profit Margin	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	2516.602	2377.553	2522.269
Profit	186.334	151.420	267.284
	7.40%	6.37%	10.60%

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	Yes
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

UNSECURED LOAN:

PARTICULARS	As on 31.03.2013	As on 31.03.2012
	(Rs. In Millions)
LONG TERM BORROWINGS:
Loans and advances from related parties	0.400	0.400
Total	0.400	0.400

INDEX OF CHARGES:

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10421392	03/04/2013	250,000,000.00	ANDHRA BANK	17 MILL ROAD, COIMBATORE - 641001, Tamil Nadu, IND  IA	B73655656
2	10310761	23/04/2013 *	356,500,000.00	ANDHRA BANK	17 MILL ROAD, COIMBATORE - 641001, Tamil Nadu, IND  IA	B75369843
3	10150482	15/06/2009 *	116,250,000.00	BANK OF BARODA	82 BANK ROAD, COIMBATORE - 641018,, Tamil Nadu IND  IA	A65342800
4	10097091	22/09/2008 *	256,000,000.00	EXPORT IMPORT BANK OF INDIA	CENTRE ONE BUILDING, FLOOR 21, WORLD TRADE CENTRE  COMPLEX, CUFFE PARADE, MUMBAI - 4000  05, Maharashtra, INDIA	A46778957
5	10058468	15/06/2009 *	22,570,000.00	ANDHRA BANK	17 MILL ROAD, COIMBATORE - 641001, Tamil Nadu, IND  IA	A66996786
6	80010319	28/06/2007 *	192,000,000.00	EXPORT IMPORT BANK OF INDIA	CENTRE ONE BUILDING, FLOOR 21, WORLD TRADE CENTRE  , CUFFE PARADE, MUMBAI - 400005, Maharashtra, INDI  A	A20617486
7	90005183	28/06/2007 *	100,000,000.00	EXPORT IMPORT BANK OF INDIA	CENTRE ONE BUILDING, FLOOR 21, WORLD TRADE CENTRE  , CUFFE PARADE, MUMBAI - 400005, Maharashtra, INDI  A	A20617346
8	90005170	26/07/2004	38,400,000.00	ANDHRA BANK	17 MILL ROAD, COIMBATORE, Tamil Nadu, INDIA	-
9	90005109	28/06/2007 *	117,800,000.00	BANK OF NOVA SCOTIA	CLASSIC TOWERS, 1547 TRICHY ROAD, COIMBATORE - 641018, Tamil Nadu, INDIA	A20546123
10	80000000	28/06/2007 *	157,000,000.00	PUNJAB NATIONAL BANK	OPPANAKARA STREET, COIMBATORE - 641001, Tamil Nadu , INDIA	A20447983

FIXED ASSETS:

• Freehold Land
• Buildings
• Machinery
• Electrical/ Data Processing Machines
• Office Equipments and Furniture
• 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.59.06
UK Pound	1	Rs.99.34
Euro	1	Rs.80.62

INFORMATION DETAILS

Information Gathered by :	GYT
Analysis Done by :	SUM
Report Prepared by :	JAY

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	7
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	7
--PROFITABILIRY	1~10	7
--LIQUIDITY	1~10	6
--LEVERAGE	1~10	6
--RESERVES	1~10	6
--CREDIT LINES	1~10	7
--MARGINS	-5~5	-
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	YES
--AFFILIATION	YES/NO	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		58

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.