1. Summary Information

		Country	India
Company Name	KIMBERLY-CLARK LEVER PRIVATE LIMITED	Principal Name 1	Mr. Nitin Keshav Paranjpe
Status	Moderate	Principal Name 2	Mr. Prakash Kulathu Iyer
		Registration #	11-081290
Street Address	Gat No. 934-937, Village Sanaswadi, Taluka - Shirur, Pune – 412 208, Maharashtra
Established Date	20.09.1994	SIC Code	--
Telephone#	91-2137-252545 to 49 / 252156	Business Style 1	Manufacturer
Fax #	91-2137-252533	Business Style 2	Dealers
Homepage	www.kimberly-clark.com	Product Name 1	Baby and Child Care Products.
# of employees	200 (Approximately)	Product Name 2	-
Paid up capital	Rs.794,000, 000/-	Product Name 3	-
Shareholders	Foreign holdings 50.00%, Bodies corporate (not mentioned above)-49.99, other top fifty-0.01%	Banking	State Bank of India , Pune, Maharashtra, India
Public Limited Corp.	No	Business Period	20 Years
IPO	No	International Ins.	--
Public Enterprise	No	Rating	B (36)
Related Company
Relation	Country	Company Name	CEO
Holding Company	India	Hindustan Unilever Limited
Note	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2013		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	1062,068,000	Current Liabilities	976,231,000
Inventories	505,828,000	Long-term Liabilities	494,794,000
Fixed Assets	583,760,000	Other Liabilities	24,804,000
Deferred Assets	0.000	Total Liabilities	1,495,829,000
Invest& other Assets	0.000	Retained Earnings	(138,173,000)
		Net Worth	655,827,000
Total Assets	2,151,656,000	Total Liab. & Equity	2,151,656,000
Total Assets (Previous Year)	1,451,527,000
P/L Statement as of	31.03.2013		(Unit: Indian Rs.)
Sales	2,363,780,000	Net Profit	(346,764,000)
Sales(Previous yr)	2445,548,000	Net Profit(Prev.yr)	(151,767,000)

MIRA INFORM REPORT

Report Date :

03.05.2014

IDENTIFICATION DETAILS

Name :	KIMBERLY-CLARK LEVER PRIVATE LIMITED
Formerly Known As :	KIMBERLY-CLARK LEVER LIMITED
Registered Office :	Gat No. 934-937, Village Sanaswadi, Taluka- Shirur, Pune – 412208, Maharashtra
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	20.09.1994
Com. Reg. No.:	11-081290
Capital Investment / Paid-up Capital :	Rs. 794.000 Millions
CIN No.: [Company Identification No.]	U74999PN1994PTC081290
PAN No.: [Permanent Account No.]	AAACK4647E
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacture, Dealer, Distributor, Importer and Exporter of Baby and Child Care Products.
No. of Employees :	200 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

B (36)

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

Maximum Credit Limit :	USD 2630000
Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is a joint venture between Hindustan Unilever Limited and Kimberly – Clark Corporation USA. It is an established company having moderate track record. The company has recorded accumulate losses from its operations. However, the subject gets good financial support from its group company. Trade relations are reported to be fair. Business is active. Payments are reported to be slow but correct. 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

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 :	Mr. Abhijeet Bobade
Designation :	Account Manager
Contact No.:	91-9850557543
Date :	07.04.2014

LOCATIONS

Registered Office/ Factory :	Gate No. 934-937, Village Sansawadi, Taluka Shirur, District Pune – 412 208, Maharashtra, India
Tel. No.:	91-2137-252545 to 49 / 252156
Mobile No.:	91-9850557543 (Mr. Abhijeet Bobade)
Fax No.:	91-2137-252533
E-Mail :	sunil_adhiya@vsnl.net rahul.tibrewal@kcc.com
Website :	www.kimberly-clark.com
Corporate Office :	165/ 166 Backbay Reclamation, Churchgate, Mumbai – 400 020, Maharashtra, India
Tel. No.:	91-22-22876222
Fax No.:	91-22-22041920 / 3117

DIRECTORS

As on: 27.09.2013

Name :

Mr. Nitin Keshav Paranjpe

Designation :

Nominee Director

Address :

5, Alhambra, 3, Carmichael Road, Kalyani Nagar, Mumbai – 400026, Maharashtra, India

Date of Birth/Age :

04.03.1963

Date of Appointment :

13.04.2006

DIN No.:

00045204

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	U91200MH1985GAP037820	THE ADVERTISING STANDARDS COUNCIL OF INDIA	Director	17/02/2006	17/02/2006	19/06/2008	Active	NO
2	U51900MH1963PLC012667	UNILEVER INDIA EXPORTS LIMITED	Director	07/03/2006	07/03/2006	01/09/2008	Active	NO
3	U24110MH1994PTC081672	UNILEVER INDUSTRIES PRIVATE LIMITED	Director	27/03/2006	27/03/2006	01/08/2008	Active	NO
4	U74999PN1994PTC081290	KIMBERLY-CLARK LEVER PRIVATE LIMITED	Nominee director	13/04/2006	13/04/2006	11/10/2013	Active	NO
5	L15140MH1933PLC002030	HINDUSTAN UNILEVER LIMITED	Managing director	04/04/2013	01/06/2007	09/10/2013	Active	NO
6	U85100MH1946GAP005082	BREACH CANDY HOSPITAL TRUST	Director	04/09/2008	03/04/2008	21/01/2014	Active	NO
7	U74999MH1924NPL001128	BOMBAY CHAMBER OF COMMERCE AND INDUSTRY	Director	10/07/2012	23/04/2008	06/06/2013	Active	NO
8	U93090MH2010NPL201468	HINDUSTAN UNILEVER FOUNDATION	Director	30/03/2010	30/03/2010	29/11/2013	Active	NO
9	U93090MH2010NPL208544	BHAVISHYA ALLIANCE CHILD NUTRITION INITIATIVES	Director	03/10/2010	03/10/2010	-	Active	NO

Name :

Mr. Prakash Kulathu Iyer

Designation :

Managing director

Address :

1402, Chaitanya Towers, C Wing, Appasaheb Marathe Marg, Prabbhadevi, Mumbai - 400025, Maharashtra, India

Date of Birth/Age :

15.03.1962

Qualification :

B. Sc, PGDM

Experience :

26 Years

Date of Appointment :

01.01.2010

PAN No.:

AAFPI3992L

DIN No.:

02927193

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	U74999PN1994PTC081290	KIMBERLY-CLARK LEVER PRIVATE LIMITED	Managing director	01/01/2010	01/01/2010	-	Active	NO
2	U21015MH1995PTC093191	KIMBERLY-CLARK HYGIENE PRODUCTS PRIVATE LIMITED	Director	21/06/2012	16/09/2011	-	Active	NO
3	U99999MH1994NPL076530	MEDIA RESEARCH USERS COUNCIL	Director	10/09/2012	10/09/2012	-	Active	NO

Name :

Mr. Hemant Sudarshan Bakshi

Designation :

Nominee Director

Address :

1 Alhambra, 3 Carmichael Road, Mumbai – 400026, Maharashtra, India

Date of Birth/Age :

23.03.1964

Date of Appointment :

06.03.2012

DIN No.:

02362738

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	U51900MH2007PTC176788	Hindustan Field Services Private Limited	Director	24/06/2009	01/09/2008	13/02/2012	Active	NO
2	U51900MH1963PLC012667	UNILEVER INDIA EXPORTS LIMITED	Director	19/07/2010	13/07/2009	-	Active	NO
3	U24110MH1994PTC081672	UNILEVER INDUSTRIES PRIVATE LIMITED	Director	16/09/2009	13/07/2009	-	Active	NO
4	U24240MH1974NPL017236	Indian Beauty and Hygiene Association	Additional director	01/03/2012	01/03/2012	-	Active	NO
5	U74999PN1994PTC081290	KIMBERLY-CLARK LEVER PRIVATE LIMITED	Nominee director	06/03/2012	06/03/2012	-	Active	NO
6	U74300MH1952GAP008859	THE INDIAN SOCIETY OF ADVERTISERS	Director	26/03/2012	26/03/2012	-	Active	NO
7	U91200MH1985GAP037820	THE ADVERTISING STANDARDS COUNCIL OF INDIA	Director	10/04/2012	10/04/2012	-	Active	NO
8	U73100DL2010NPL205584	BROADCAST AUDIENCE RESEARCH COUNCIL	Director	27/09/2013	14/01/2013	-	Active	NO

Name :

Mr. Kabir Ahmed Shakir

Designation :

Nominee Director

Address :

Union Park, Condominium, Khar (West), Mumbai – 400052, Maharashtra, India

Date of Birth/Age :

24.06.1971

Date of Appointment :

16.09.2011

DIN No.:

03584898

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	U74999PN1994PTC081290	KIMBERLY-CLARK LEVER PRIVATE LIMITED	Nominee director	16/09/2011	16/09/2011	-	Active	NO
2	U24247MH2008PTC188539	LAKME LEVER PRIVATE LIMITED	Director	23/07/2012	21/09/2011	-	Active	NO

Name :

Ms. Achal Agarwal

Designation :

Nominee Director

Address :

Flat A 38/F, Highcliff, 41D Stubbs Road, Happy Valley, Hong Kong – WCHS56

Date of Birth/Age :

04.08.1959

Date of Appointment :

12.03.2012

DIN No.:

05225330

Name :

Rodney George Olsen

Designation :

Nominee Director

Address :

6607 Waggoner Drive, Dallas Texas – 75230, USA

Date of Birth/Age :

25.06.1955

Date of Appointment :

26.06.2012

DIN No.:

05256954

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	U21015MH1995PTC093191	KIMBERLY-CLARK HYGIENE PRODUCTS PRIVATE LIMITED	Director	21/06/2012	21/06/2012	-	Active	NO
2	U74999PN1994PTC081290	KIMBERLY-CLARK LEVER PRIVATE LIMITED	Nominee director	26/06/2012	26/06/2012	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Rahul Tibrewal
Designation :	Company Secretary
Address :	Lunkad Zodiac, Viman Nagar, Pune – 411014, Maharashtra, India
Date of Birth/Age :	23.02.1986
Date of Appointment :	04.06.2013
PAN No.:	AGQPT2786A

Name :	Mr. Abhijeet Bobade
Designation :	Account Manager

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 27.09.2013

Names of Shareholders	No. of Shares
Kimberly-Clark Corporation, USA	39700000
Hindustan Unilever Limited, India	39699997
Unilever Exports Private Limited, India	01
Ponds Exports Limited, India	01
Sridhar Ramamurthy Jointly with Unilever India Exports Private Limited, India	01
Total	79400000

As on 27.09.2013

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Foreign holdings( Foreign institutional investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s) or Overseas Corporate bodies or Others	50.00
Bodies corporate	49.99
Other top fifty shareholders	0.01
Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturers, Dealers, Distributors, Importers and Exporters of Baby and Child Care Products.
Imports :
Products :	Raw Material
Countries :	Korea Japan Thailand Malaysia
Terms :
Selling :	Advance Payment L/C Cheque Credit
Purchasing :	Advance Payment L/C Cheque Credit

GENERAL INFORMATION

Customers :

Wholesalers, Retailers

No. of Employees :

200 (Approximately)

Bankers :

· State Bank of India , Pune, Maharashtra, India

· ABN Amro Bank, 14 Veer Nariman Road, Mumbai – 400023, Maharashtra, India

· ICICI Bank Limited

Facilities :-

(Rs. In Millions)

Secured Loan	31.03.2013	31.03.2012
Long-term Borrowing
Rupee term loans from banks	168.831	0.000
Total	168.831	0.000

Banking Relations :	---
Financial Institution :	The Hongkong And Shanghai Banking Corporation Limited, 52/60, Mahatma Gandhi Road, Fort, Mumbai - 400001, Maharashtra, India
Auditors :
Name :	N. M. Raiji and Company Chartered Accountants
Address :	Universal Insurance Building, Pherozeshah Mehta Road, Mumbai - 411001, Maharashtra, India
Tel. No.:	91-22-22870068/ 22873463/ 22837482
Fax No.:	91-22-22828646/ 22650578
E-Mail :	nmraiji@bol.net.in
PAN.:	AAAFN4217G
Companies under common control :	Kimberly-Clark Hygiene Products Private Limited CIN No.: U21015MH1995PTC093191 Kimberly Clark Global Sales LLC Kimberly Clark De Maxico Kimberly Clark Asia Pacific Pte. Limited. Kimberly Clark International Services Kimberly Clark Australia Yuhan Kimberly Kimberly Clark Thailand Colombiana Kimberly Colapapel S A Kimberly Clark Philippines Inc Kimberly Clark Malayisa Kimberly Clark World Wide Inc. Kimberly-Clark Taiwan
Holding Company :	Hindustan Unilever Limited CIN No.: L15140MH1933PLC002030 Kimberly Clark Corporation

CAPITAL STRUCTURE

As on: 27.09.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
100000000	Equity Shares	Rs.10/- each	Rs.1000.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
79400000	Equity Shares	Rs.10/- each	Rs.794.000 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013	31.03.2012
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	794.000	725.000
(b) Reserves & Surplus	(138.173)	(260.609)
(c) Money received against share warrants	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000
Total Shareholders’ Funds (1) + (2)	655.827	464.391
(3) Non-Current Liabilities
(a) long-term borrowings	168.831	0.000
(b) Deferred tax liabilities (Net)	13.715	19.383
(c) Other long term liabilities	0.000	0.000
(d) long-term provisions	6.931	4.139
Total Non-current Liabilities (3)	189.477	23.522
(4) Current Liabilities
(a) Short term borrowings	325.963	0.000
(b) Trade payables	861.351	892.676
(c) Other current liabilities	114.880	67.855
(d) Short-term provisions	4.158	3.083
Total Current Liabilities (4)	1306.352	963.614
TOTAL	2151.656	1451.527
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	583.760	333.380
(ii) Intangible Assets	0.000	0.000
(iii) Capital work-in-progress	0.000	6.018
(iv) Intangible assets under development	0.000	0.000
(b) Non-current Investments	0.000	0.000
(c) Deferred tax assets (net)	0.000	0.000
(d) Long-term Loan and Advances	183.263	90.325
(e) Other Non-current assets	0.000	0.000
Total Non-Current Assets	767.023	429.723
(2) Current assets
(a) Current investments	0.000	0.000
(b) Inventories	505.828	554.468
(c) Trade receivables	55.594	57.671
(d) Cash and cash equivalents	589.745	311.764
(e) Short-term loans and advances	232.578	81.281
(f) Other current assets	0.888	16.620
Total Current Assets	1384.633	1021.804
TOTAL	2151.656	1451.527

SOURCES OF FUNDS		31.03.2011
SHAREHOLDERS FUNDS
1] Share Capital		725.000
2] Share Application Money		0.000
3] Reserves & Surplus		0.000
4] (Accumulated Losses)		(108.842)
NETWORTH		616.158
LOAN FUNDS
1] Secured Loans		0.000
2] Unsecured Loans		0.000
TOTAL BORROWING		0.000
DEFERRED TAX LIABILITIES		21.623
TOTAL		637.781
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		361.024
Capital work-in-progress		3.285
INVESTMENT		0.000
DEFERREX TAX ASSETS		0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	538.539
	Sundry Debtors	60.880
	Cash & Bank Balances	829.892
	Other Current Assets	23.832
	Loans & Advances	123.778
Total Current Assets		1576.921
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	1221.829
	Other Current Liabilities	81.620
	Provisions	0.000
Total Current Liabilities		1303.449
Net Current Assets		273.472
MISCELLANEOUS EXPENSES		0.000
TOTAL		637.781

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	2363.780	2445.548	2590.279
		Other Income
		TOTAL	2363.780	2445.548	2590.279
Less	EXPENSES
		Office Expenses
		Administrative Expenses
		Advertising Expenses	2716.212	2639.307	2825.375
		Financial Expenses
		Depreciation
		TOTAL	2716.212	2640.634	2825.375
	PROFIT/ (LOSS) BEFORE TAX		(352.432)	(195.086)	(235.096)
Less	TAX		(5.668)	(43.319)	(4.197)
	PROFIT/ (LOSS) AFTER TAX		(346.764)	(151.767)	(230.899))
	Earnings/ (Loss) Per Share (Rs.)		(4.38)	(2.09)	(3.18)

Particulars	31.03.2014
Sales Turnover (Approximately)	3000.000

The above information has been parted by Mr. Abhijeet Babade

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
PAT / Total Income	(%)	(14.67)	(6.21)	(8.91)
Return on Total Assets (PBT/Total Assets}	(%)	(16.38)	(13.50)	(12.13)
Return on Investment (ROI) (PBT/Networth)		(0.54)	(0.42)	(0.38)
Debt Equity Ratio (Total Debt /Networth)		0.75	0.00	0.00
Current Ratio (Current Asset/Current Liability)		1.06	1.06	1.21

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particular	31.03.2012	31.03.2013
	(INR in Mlns.)	(INR in Mlns.)
Share Capital	725.000	794.000
Reserves & Surplus	(260.609)	(138.173)
Share Application money pending allotment	0.000	0.000
Net worth	464.391	655.827
long-term borrowings	0.000	168.831
Short term borrowings	0.000	325.963
Total borrowings	0.000	494.794
Debt/Equity ratio	0.000	0.754

YEAR ON GROWTH

Year on Year Growth	31.03.2011	31.03.2012	31.03.2013
	(INR in Mlns)	(INR in Mlns)	(INR in Mlns)
Total Income	2,590.279	2,445.548	2,363.780
		(5.587)	(3.344)

NET PROFIT MARGIN

Net Profit Margin	31.03.2011	31.03.2012	31.03.2013
	(INR in Mlns)	(INR in Mlns)	(INR in Mlns)
Total Income	2,590.279	2,445.548	2,363.780
Profit After Tax	(230.899)	(151.767)	(346.764)
	(8.91%)	(6.21%)	(14.67%)

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

FINANCIAL PERFORMANCE

During the year, the Company has registered the Total Income of Rs. 2363.780 Millions as against Rs. 2445.548 Millions for the previous year. The Loss after tax for the year was Rs. 346.764 Millions as compared to Rs. 151.767 Millions for the previous year. The baby and Child Care business continued to grow and registered significant growth in the year. New packs and sales channels were introduced as the business focused on driving affordability and building acceptability for diapers. Pants as a format continued to see higher level of growths. On Feminine Care, the Company is focused on building an innovation pipeline, aligned to its long term strategic ambition for this category.

UNSECURED LOAN

Particulars	31.03.2013	31.03.2012
Short-term Borrowing
Rupee term loans from banks	325.963	0.000
Total	325.963	0.000

INDEX OF CHARGES

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10473641	02/08/2013	392,000,000.00	The Hongkong and Shanghai Banking Corporation Limi  ted	52/60,MAHATMA GANDHI ROAD,, FORT, MUMBAI, Maharas  htra - 400001, INDIA	B90205238
2	90091756	12/01/2002	5,000,010.00	ABN AMRO BANK	327; M.G. ROAD, PUNE, Maharashtra - 411001, INDIA	-
3	90084728	18/11/1997	70,000,000.00	ABN AMRO BANK N. V	327; M. G. ROAD, PUNE CAMP, PUNE, Maharashtra - 4  11001, INDIA	-
4	90084494	22/07/1996	20,000,000.00	ABN AMRO BANK N. V	14, VEER NARIMAN, BOMBAY, Maharashtra - 400023, I  NDIA	-
5	90084486	11/07/1996	30,000,000.00	BANQUE NATSONALE DE PARIS	CG 3; KONARK ESTATES, 9; CONNAUGHT ROAD, PUNE, Ma  harashtra - 411001, INDIA	-

FIXED 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.60.21
UK Pound	1	Rs.101.68
Euro	1	Rs.83.46

INFORMATION DETAILS

Information Gathered by :	PRT
Report Prepared by :	SNT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILIRY	1~10	4
--LIQUIDITY	1~10	4
--LEVERAGE	1~10	4
--RESERVES	1~10	4
--CREDIT LINES	1~10	4
--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		36

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.