1. Summary Information

		Country	India
Company Name	THE PRINTERS (MYSORE) PRIVATE LIMITED	Principal Name 1	Mr. K. N. Shanth Kumar
Status	Satisfactory	Principal Name 2	Ms. Parul Anant Shah
		Registration #	08-000521
Street Address	Plot Nos. 7-12, Kumbalgodu Industrial Area, Mysore Road, Bangalore - 560 074, Karnataka
Established Date	04.02.1948	SIC Code	--
Telephone#	91-80-25880340	Business Style 1	Importer
Fax #	91-80-25880426	Business Style 2	Traders
Homepage	--	Product Name 1	News Papers
# of employees	Not Available	Product Name 2	Periodicals
Paid up capital	Rs.64,000,000 /-	Product Name 3	--
Shareholders	Bodies corporate 12.50%, Directors or relatives of directors 73.09%, Other 14.41%	Banking	Canara Bank
Public Limited Corp.	NO	Business Period	66 Years
IPO	NO	International Ins.	-
Public Enterprise	NO	Rating	Ba (49)
Related Company
Relation -	Country -	Company Name	CEO
Related Party	India	K. N. Guruswamy and Company Limited	--
Note	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2013		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	671,949,000	Current Liabilities	296,613,000
Inventories	158,412,000	Long-term Liabilities	151,719,000
Fixed Assets	665,638,000	Other Liabilities	482,654,000
Deferred Assets	130,646,000	Total Liabilities	930,986,000
Invest& other Assets	197,999,000	Retained Earnings	829,658,000
		Net Worth	893,658,000
Total Assets	1,824,644,000	Total Liab. & Equity	1,824,644,000
Total Assets (Previous Year)	1,851,252,000
P/L Statement as of	31.03.2013		(Unit: Indian Rs.)
Sales (Including Total Income)	2,551,600,000	Net Profit/ (loss)	19,961,000
Sales(Previous yr) (Including Total Income)	2,462,400,000	Net Profit / (loss) (Prev.yr)	67,881,000

MIRA INFORM REPORT

Report Date :

16.05.2014

IDENTIFICATION DETAILS

Name :	THE PRINTERS (MYSORE) PRIVATE LIMITED
Registered Office :	Plot No.7-12, Kumbal Godu Industrial Area, Mysore Road, Bangalore – 560 074, Karnataka
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	04.02.1948
Com. Reg. No.:	08-000521
Capital Investment / Paid-up Capital :	Rs.64.000 Millions
CIN No.: [Company Identification No.]	U22110KA1948PTC000521
TAN No.: [Tax Deduction & Collection Account No.]	BLRT00125G
PAN No.: [Permanent Account No.]	AABCT2065N
Legal Form :	Private Limited Liability Company
Line of Business :	Printing and Publishing of Newspapers and Periodicals
No. of Employees :	Not Divulged

RATING & COMMENTS

MIRA’s Rating :

Ba (49)

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

Maximum Credit Limit :	USD 3600000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is and established company having satisfactory track record. There seems drastic dip in the profit of the company. However, overall financial position of the company is decent. Trade relations are reported to be fair. Business is active. Payment terms are reported to be usually correct and as per commitments. The company can be considered for normal 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.

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	Long Term Rating “A”
Rating Explanation	Have adequate degree of safety and carry low credit risk
Date	Jan 9, 2014

Rating Agency Name	CRISIL
Rating	Short Term Rating “A1”
Rating Explanation	Have very strong degree of safety and carry lowest credit risk
Date	Jan 9, 2014

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 DENIED

Management is non co-operative, Tel. No.91-80-25880340

LOCATIONS

Registered Office :	Plot No.7-12, Kumbal Godu Industrial Area, Mysore Road, Bangalore – 560 074, Karnataka, India
Tel. No.:	91-80-25880340
Fax No.:	91-80-25880426
E-Mail :	vijayamg@printersmysore.co.in
Head/ Corporate/ Administrative Office :	No. 75, Mahatma Gandhi Road, Post Box No. 5331, Bangalore - 560001, Karnataka, India
Tel. No.:	91-80-2558 8999 / 25880000
Fax No.:	91-80-25587179 / 5587096 / 25880165
Branch Offices:	Located at: Belgaum Davanagere Mangalore Gulbarga Hassan New Delhi Mumbai Mysore Hubli Secunderabad Kolkata Mangalore Chennai Pune Bangalore

DIRECTORS

As on: 28.09.2013

Name :

Mr. Kanekal Nettakallappa Tilak Kumar

Designation :

Joint Managing Director

Address :

173, Subbarama Chetty Road, Basavana Gudi, Bangalore – 560 004, Karnataka, India

Date of Birth/Age :

11.10.1953

Qualification :

BA. (Hons)

Date of Appointment :

30.11.1983

PAN No.:

ACLPT8935E

DIN No.:

00509397

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	U51909KA1970PTC001887	K N GURUSWAMY AND COMPANY PRIVATE LIMITED	Director	24/04/1970	24/04/1970	-	Active	NO
2	U22110KA1948PTC000521	THE PRINTERS (MYSORE) PRIVATE LIMITED	Whole-time director	30/11/1983	30/11/1983	-	Active	NO
3	U99999DL1951PLC002023	THE INDIAN NEWSPAPER SOCIETY.	Director	21/06/2007	21/06/2007	-	Active	NO

Name :

Mr. Kanekal Nettakallappa Shanth Kumar

Designation :

Director

Address :

No. 289/A, 1^st Main Road, 8th Block Jaya Nagar, Bangalore – 560 082, Karnataka, India.

Date of Birth/Age :

14.02.1961

Qualification :

B.A.

Date of Appointment :

30.07.1986

PAN No.:

APWPS3002F

DIN No.:

00487956

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	U51909KA1970PTC001887	K N GURUSWAMY AND COMPANY PRIVATE LIMITED	Director	16/10/1979	16/10/1979	-	Active	NO
2	U22110KA1948PTC000521	THE PRINTERS (MYSORE) PRIVATE LIMITED	Director	30/07/1986	30/07/1986	-	Active	NO
3	U74300TN2001PTC046414	WAN - IFRA SOUTH ASIA PRIVATE LIMITED	Director	04/06/2002	04/06/2002	-	Active	NO
4	U74899DL1947PLC103246	THE PRESS TRUST OF INDIA LIMITED	Director	17/06/2004	17/06/2004	-	Active	NO
5	U74140KA2001PTC029498	NOBBY NAZARETH ASSOCIATES PRIVATE LIMITED	Director	19/02/2005	19/02/2005	-	Active	NO
6	U74910KA2006PTC038413	EVAluationz India Private Limited	Director	07/02/2006	07/02/2006	-	Active	NO
7	U22210KA2008PTC046281	SOLNA PRINT SOLUTIONS PRIVATE LIMITED	Director	02/05/2008	02/05/2008	-	Active	NO
8	U67120KA2008PTC047482	Anuradha Shanthkumar Holdings Private Limited	Director	18/08/2008	18/08/2008	-	Active	NO

Name :

Mrs. Parul Anant Shah

Designation :

Director

Address :

No. 22, 1^st Main Road, 1th Block, RMV 2^nd Stage, Bangalore – 560 094, Karnataka, India.

Date of Birth/Age :

19.03.1954

Qualification :

M.A

Date of Appointment :

10.11.2006

PAN No.:

APYPP3955Q

DIN No.:

01023071

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	U29195KA1990PTC011122	DHARINI BIOTECH PRIVATE LIMITED	Director	09/08/1990	09/08/1990	-	Active	NO
2	U03190KA1995PTC018753	GANGA MICRO ELECTRONICS PRIVATE LIMITED	Director	12/09/1995	12/09/1995	-	Active	NO
3	U92200KA1995PTC019043	KAVERI COMMUNICATIONS PRIVATE LIMITED	Director	25/10/1995	25/10/1995	-	Active	NO
4	U22110KA1948PTC000521	THE PRINTERS (MYSORE) PRIVATE LIMITED	Director	10/11/2006	10/11/2006	-	Active	NO

Name :

Mr. Kuldip Nayar

Designation :

Director

Address :

D-No. 7/2, Vasant Vihar, New Delhi – 110 057, Delhi, India

Date of Birth/Age :

14.10.1923

Date of Appointment :

12.05.2008

DIN No.:

02261291

Name :

Mr. Sondekoppa Sundaraswamy Naganand

Designation :

Director

Address :

Naman, IA Cross, Raj Mahal Vilas Extension, Meshri Circle, Bangalore - 560 080, Karnataka, India

Date of Birth/Age :

06.09.1957

Date of Appointment :

19.12.2009

DIN No.:

00454719

Name :

Mr. Sulegai Dhondusa Shivaji

Designation :

Director

Address :

Shiv Sadan, 27 G, 4^th Cross Road, K.E.B. Layour, Sanjaynagar, Bangalore – 5060 094, Karnataka, India

Date of Birth/Age :

12.08.1930

Date of Appointment :

19.02.2011

DIN No.:

03495050

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on: 28.09.2013

Names of Shareholders	No. of Shares
Estate of Late Khan Bahdur Bedan Saheb	64
S.D. Shivaji	52
K.N. Guruswamy and Company Private Limited, India	320
M. Shashikala	4
M. Anuradha	4
S.D. Eswarasa	52
S.D. Muniswamy	48
K.N. Hari Kumar, K.N. Tilak Kumar and K.N. Shanth Kumar	4
Rekha Parashram, Giriia Vijay, Usha Krishna Murthy and Vinutha Gurudati	11
M.P. Manjunath	49
K.N. Hari Kumar	516
K.N. Tilak Kumar	516
K.N. Hari Kumar HUF	21
K.N. Tilak Kumar HUF	21
K.N. Shanth Kumar HUF	21
M. Bhaktavatsala, Prema B. Moola, Anand Ranga Moola, Ved Mand Moola and Dev Siri Moola	48
Pratibha S. Moola, Siddartha S. Moola, Lakshmi S. Moola and Aparna S. Moola	48
M. Ramesh, Anuradha R. Moola, Sharuna R. Moola, Vivesh R. Moola and Bhavana R. Mooia	48
K.N. Shanth Kumar	516
S.D. Aswathnarayanasa, S.D. Nageshwar, S.D. Shivaram, S.D. Krishna Murthy and S.N. Raghavendra	52
Dechu R. Moola, Vishnu R. Moola, Brinda Devi Moola and Maya R. Moola	48
M. Sachin	3
S. Putta Naik	3
Geetha Gowtham, Vaishali, Murari Saranath and Sri Harsha	1
Estate of Late Mkpani	1
Suven M.	1
Urmila Roopkumar	2
Jagadeesh K. Moola	4
M.K. Govardhan Kumar jointly with M. Dharma Vijeth	24
M. Shashikala	3
M. Anuradha	3
S.N. Srinivasa Murthy and S.N. Shiva Shankar	52
Total	2560

Equity Share Break up (Percentage of Total Equity)

As on: 28.09.2013

Category	Percentage
Bodies corporate	12.50
Directors or relatives of directors	73.09
Other top fifty shareholders	14.41
Total	100.00

BUSINESS DETAILS

Line of Business :

Printing and Publishing of Newspapers and Periodicals

Products :

Item Code	Product Description
4902	News Papers, Periodicals

GENERAL INFORMATION

No. of Employees :

Not Divulged

Bankers :

• Canara Bank, Cantonment Branch, No. 88, M.G. Road, Bangalore – 560 001, Karnataka, India.
• ICICI Bank Limited, CBG, 5^th Floor, Sobha Pearl, No.1, Commissariat Road, Bangalore – 560025, Karnataka, India.

Facilities :

(Rs. In Millions)

Secured Loan	As on 31.03.2013	As on 31.03.2012
Term Loans	0.000	135.492
Long Term borrowings
Rupee term loan from bank	104.417	0.000
Short Term Borrowing
Rupee term loan from bank	47.302	0.000
Total	151.719	135.492

Banking Relations :

--

Auditors :

Name :

K.P. Rao and Company

Chartered Accountants

Address :

Poornima, IInd Floor, 25, State Bank Road, Bangalore – 560 001, Karnataka, India

Tel. No.:

91-80-25587385/25586814

Fax No.:

91-80-25594861

E-Mail :

kprao@airtelmail.in

PAN No.:

AAAFK7720M

Related Party :

K. N. Guruswamy and Company Private Limited

CIN No.:U51919KA1970PTC001887, PAN No.:AADCK2422N

CAPITAL STRUCTURE

As on: 28.09.2013

Authorised Capital:

No. of Shares	Type	Value	Amount
2560	Equity Shares	Rs.25000/- each	Rs.64.000 Millions

Issued, Subscribed & Paid-up Capital:

No. of Shares	Type	Value	Amount
2560	Equity Shares	Rs.25000/- each	Rs.64.000 Millions

FINANCIAL DATA

[All figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	64.000
(b) Reserves & Surplus	829.658
(c) Money received against share warrants	0.000
(2) Share Application money pending allotment	0.000
Total Shareholders’ Funds (1) + (2)	893.658
(3) Non-Current Liabilities
(a) long-term borrowings	104.417
(b) Deferred tax liabilities (Net)	0.000
(c) Other long term liabilities	73.535
(d) long-term provisions	399.405
Total Non-current Liabilities (3)	577.357
(4) Current Liabilities
(a) Short term borrowings	47.302
(b) Trade payables	145.736
(c) Other current liabilities	77.342
(d) Short-term provisions	83.249
Total Current Liabilities (4)	353.629
TOTAL	1,824.644
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	665.638
(ii) Intangible Assets	0.000
(iii) Capital work-in-progress	37.415
(iv) Intangible assets under development	0.000
(b) Non-current Investments	160.584
(c) Deferred tax assets (net)	130.646
(d) Long-term Loan and Advances	55.413
(e) Other Non-current assets	0.000
Total Non-Current Assets	1,049.696
(2) Current assets
(a) Current investments	0.000
(b) Inventories	158.412
(c) Trade receivables	424.930
(d) Cash and cash equivalents	148.949
(e) Short-term loans and advances	41.343
(f) Other current assets	1.314
Total Current Assets	774.948
TOTAL	1,824.644

SOURCES OF FUNDS		31.03.2012	31.03.2011
SHAREHOLDERS FUNDS
1] Share Capital		64.000	64.000
2] Share Application Money		0.000	0.000
3] Reserves & Surplus		813.440	749.278
4] (Accumulated Losses)		0.000	0.000
NETWORTH		877.440	813.278
LOAN FUNDS
1] Secured Loans		135.492	134.269
2] Unsecured Loans		0.000	0.000
TOTAL BORROWING		135.492	134.269
DEFERRED TAX LIABILITIES		0.000	0.000
TOTAL		1,012.932	947.547
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		421.935	434.610
Capital work-in-progress		177.253	0.000
INVESTMENT		169.447	219.755
DEFERRED TAX ASSETS		110.383	97.764
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	223.241	191.385
	Sundry Debtors	374.681	400.823
	Cash & Bank Balances	135.514	120.825
	Other Current Assets		0.000
	Loans & Advances	238.798	188.019
Total Current Assets		972.234	901.052
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	123.877	211.092
	Other Current Liabilities	181.511	65.206
	Provisions	532.932	429.336
Total Current Liabilities		838.320	705.634
Net Current Assets		133.914	195.418
MISCELLANEOUS EXPENSES		0.000	0.000
TOTAL		1,012.932	947.547

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Advertisement	1,763.800	1,736.700	1,592.400
		Circulation	726.600	663.600	646.000
		Other Revenue	61.200	63.900	44.000
		TOTAL	2,551.600	2,464.200	2,282.400
Less	EXPENSES
		Office Expenses
		Administrative Expenses			2091.053
		Advertising Expenses
		TOTAL	2,525.702	NA	2,091.053
	PROFIT/ (LOSS) BEFORE TAX		25.898	109.768	191.347
Less	TAX		5.937	41.887	71.273
	PROFIT/ (LOSS) AFTER TAX		19.961	67.881	120.074
Add	PREVIOUS YEARS’ BALANCE/ LOSS BROUGHT FORWARD		161.352	102.191	2.055
Less	APPROPRIATIONS
		Transfer to General Reserve	5.000	5.000	12.500
		Dividend	3.200	3.200	6.400
		Tax on Dividend	0.543	0.520	1.038
	BALANCE CARRIED TO THE B/S		172.570	161.352	102.191
	EARNINGS IN FOREIGN CURRENCY
		Advertisement	5.207	NA	1.763
	TOTAL EARNINGS		5.207	NA	1.763
	IMPORTS
		Raw Materials	NA	891.117	688.815
		Consumables	NA	81.025	1.569
		Components and spare parts used for maintenance of plant and machinery	NA	5.759	6.061
		Capital goods	NA	14.155	17.357
	TOTAL IMPORTS		NA	992.056	713.802
	Earnings Per Share (Rs.)		7,797	26,516	46,904

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
PAT / Total Income	(%)	0.78	2.75	5.26
Return on Total Assets (PBT/Total Assets}	(%)	1.73	7.87	14.32
Return on Investment (ROI) (PBT/Networth)		0.03	0.13	0.24
Debt Equity Ratio (Total Debt/Networth)		0.17	0.15	0.16
Current Ratio (Current Asset/Current Liability)		2.19	1.16	1.28

FINANCIAL ANALYSIS

[All figures are in Rupees Millions]

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)
Total Income	2,282.400	2,464.200	2,551.600
		7.965	3.547

NET PROFIT MARGIN

Net Profit Margin	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Total Income	2,282.400	2,464.200	2,551.600
Profit	120.074	67.881	19.961
	5.26%	2.75%	0.78%

LOCAL AGENCY FURTHER INFORMATION

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

INDEX OF CHARGES

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10377017	22/03/2013 *	225,000,000.00	ICICI BANK LIMITED	CBG, 5Th FLOOR,SOBHA PEARL, NO.1, COMMISSARIAT RO  AD, BANGALORE, Karnataka - 560025, INDIA	B72961238
2	80002932	13/09/2012 *	341,000,000.00	CANARA BANK	CANTONEMENT BRANCH, NO 86 M G ROAD, BANGALORE, Karnataka - 560001, INDIA	B58173634

* 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 judgment 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.59.47
UK Pound	1	Rs.99.70
Euro	1	Rs.81.55

INFORMATION DETAILS

Information Gathered by :	SVD
Analysis Done by :	RAS
Report Prepared by :	VNK

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	6
--CREDIT LINES	1~10	5
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		49

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.