MIRA INFORM REPORT

Report Date :

18.11.2014

IDENTIFICATION DETAILS

Name :	INDO GERMAN CARBONS LIMITED
Registered Office :	VIII / 960, 57 / 3, Old Mosque Road, Edayar, Industrial Area, Binani Puram, Ernakulam – 683502, Kerala
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	25.05.1995
Com. Reg. No.:	09-009071
Capital Investment / Paid-up Capital :	Rs. 61.300 Millions
CIN No.: [Company Identification No.]	U31908KL1995pLC009071
IEC No.:	Not Divulged
TAN No.: [Tax Deduction & Collection Account No.]	Not Divulged
PAN No.: [Permanent Account No.]	Not Divulged
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Manufacturer and Exporter of Coconut Shell based activated Carbon Products.
No. of Employees :	80 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

B (28)

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

Maximum Credit Limit :	USD 330000
Status :	Moderate
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is an established company having moderate track record, As per ROC date of balance sheet (i.e. financial filed) is shown as 31.03.2014 but the documents related to the financial for the year 2013 and 2014 are not available from any sources. As per, trade relations are reported as fair. Business is active. Payment terms are unknown. The company can be considered for business dealings with great 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 – June 1, 2014

Country Name	Previous Rating (31.03.2014)	Current Rating (01.06.2014)
India	A1	A1

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

INDIAN ECONOMIC OVERVIEW

N E W S

Verdict Implications : Apex court order may alter coal import dynamics. Traders go slow on talks over coal supply contracts, uncertainty over cancellation of blocks weigh on stocks.

Recent arrest of the Chennai head of the Registrar of Companies, the ministry of corporate affairs arm that ensures that companies file all the information required by the Companies Act is the latest manifestation of a messy fight between a father and his adopted son for the control of Rs 40000 mn business empire. The Central Bureau of Investigation arrested Manumeethi Cholan after he accepted Rs 10 lakhs as bribe from M A M Ramaswamy, a CBI official said.

Central Bureau of Investigation books Electrotherm for cheating Central Bank of Rs 4360 mn.

Infosys maintains revenue guidance. COO Rao says attrition still an area of concern and it would take a few more quarters to bring down levels to 13-15 %.

DHL  to invest Euro 100 mn in India over next 2 years. The firm has chosen India to pilot its e-commerce business model for the Asia-Pacific region.

Blackstone may buy stake in BlueRidge SEZ in line with the fund’s real estate strategy in India.

Kingfisher Airlines Ltd grounded in October 2012 under the weight of heavy debt and accumulated losses, recently approached the Delhi high court for relief in two separate cases. The airline challenged a notice by Punjab & National Bank alleging that It had wilfully defaulted on Rs 7700 mn of loans and sought more time to comply with the requirements under the listing agreements with the Stock Exchanges.

OnMobile likely to sack another 300 employees. The lay-offs follow a spate of senior-level exits over the past two years, starting with of its founder. The overall lay-offs could number around 600 and are driven by the need to cut costs, says a former employee.

EXTERNAL AGENCY RATING

Rating Agency Name	ICRA
Rating	Short Term = (A4)
Rating Explanation	Minimal degree of safety. It carry very high credit risk.
Date	March 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 31-03-2014.

INFORMATION PARTED BY

Name :	Ms. Rethi
Designation :	Secretary to MD
Contact No.:	91-484-2543092
Date :	17.11.2014

LOCATIONS

Registered Office / Factory :	VIII / 960, 57 / 3, Old Mosque Road, Edayar, Industrial Area, Binani Puram, Ernakulam – 683502, Kerala, India
Tel. No.:	91-484-2543092/2551986
Fax No.:	91-484-2558202
E-Mail :	operation@igcl.com info@igcl.com
Website :	www.igcl.com
Location :	Owned

DIRECTORS

As on 30.09.2014

Name :

Mr. P. Mohamed Ali

Designation :

Director

Address :

Galfar Engineering and Contracting LLC, P.O. Box No. 533, Muscat, Sultanate of Oman

Date of Appointment :

27.06.2007

DIN No.:

00288556

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	U63033KL1994PLC007803	COCHIN INTERNATIONAL AIRPORT LIMITED	Director	30/03/1994	30/03/1994	-	Active	NO
2	U74140KL1994PTC007901	M FAR ENTERPRISES PRIVATE LIMITED	Director	30/09/2010	09/05/1994	22/05/2014	Active	NO
3	U07010KA1995PTC019078	MAVELY CONSTRUCTIONS PRIVATE LIMITED	Director	30/10/1995	30/10/1995	10/03/2014	Active	NO
4	U45400KA1996PTC020374	M FAR CONSTRUCTIONS PRIVATE LIMITED	Director	26/04/1996	26/04/1996	-	Active	NO
5	U07010KA1997PTC021911	M FAR HOLDINGS PRIVATE LIMITED	Director	05/03/1997	05/03/1997	-	Active	NO
6	U55101KL1997PTC011649	MFAR HOTELS & RESORTS PRIVATE LIMITED	Director	23/07/1997	23/07/1997	-	Active	NO
7	U45202KA1998PTC023363	MFAR RMC PRIVATE LIMITED	Director	10/02/1998	10/02/1998	-	Active	NO
8	U85110KA2000PTC027813	YENEPOYA LOGISTICS PRIVATE LIMITED	Director	02/02/2001	02/02/2001	10/03/2014	Active	NO
9	U55101KL2001PTC015027	M FAR BEACH RESORTS Private Limited	Director	30/10/2002	30/10/2002	23/05/2014	Active	NO
10	U45202KA2005PTC037755	WHITEFIELD INFORMATION TECHNOLOGY. PARK PRIVATE LIMITED	Director	24/11/2005	24/11/2005	22/11/2011	Active	NO
11	U45209KA2006PTC038236	OZONE URBANA INFRA DEVELOPERS PRIVATE LIMITED	Director	13/01/2006	13/01/2006	15/01/2008	Active	NO
12	U70102KA2007PTC041722	LEONIS DEVELOPERS PRIVATE LIMITED	Director	08/02/2007	08/02/2007	-	Active	NO
13	U45202KA2007PTC042513	PARSEC INFRASTRUCTURE DEVELOPMENT PRIVATE LIMITED	Director	27/04/2007	27/04/2007	-	Active	NO
14	U31908KL1995PLC009071	INDO GERMAN CARBONS LIMITED	Director	27/06/2007	27/06/2007	-	Active	NO
15	U45203KA2007PTC043315	CIVIC INDIA M FAR HABITAT AND INFRASTRUCTURE PRIVATE LIMITED	Director	02/07/2007	02/07/2007	22/05/2014	Active	NO
16	U45209KL2007PLC020471	INKEL LIMITED	Director	05/09/2008	22/11/2007	-	Active	NO
17	U74140KA2008PTC045557	REGULUS INFRASTRUCTURE MANAGEMENT CONSULTANCY PRIVATE LIMITED	Director	11/03/2008	11/03/2008	26/06/2010	Active	NO
18	U45202KA2008PTC047083	MFAR DEVELOPERS PRIVATE LIMITED	Director	08/07/2008	08/07/2008	-	Active	NO
19	U45200KA2008PTC048147	GAJANAND BUILDINGS AND SERVICES PRIVATE LIMITED	Director	31/10/2008	31/10/2008	11/11/2009	Active	NO
20	U45200TN2007PTC064988	TECTON INTERNATIONAL ENGINEERING CONSTRUCTION COMPANY PRIVATE LIMITED	Director	05/01/2009	05/01/2009	-	Active	NO
21	U80100KA2009PTC049560	PROTRACK EDUCATION PRIVATE LIMITED	Director	09/04/2009	09/04/2009	01/07/2011	Active	NO
22	U45200TN2009FTC071390	GALFAR ENGINEERING & CONTRACTING (INDIA) PRIVATE LIMITED	Director	21/04/2009	21/04/2009	-	Active	NO
23	U35303KL2005PLC018632	COCHIN INTERNATIONAL AVIATION SERVICES LIMITED	Director	07/08/2009	23/07/2009	-	Active	NO
24	U45209KA2009PTC051076	RIVER BAY HABITAT AND INFRASTRUCTURE PRIVATE LIMITED	Director	01/10/2012	01/10/2009	24/05/2014	Active	NO
25	U65923KL2009PLC025082	CHERAMAN FINANCIAL SERVICES LIMITED	Director	16/12/2012	30/11/2009	18/01/2014	Active	NO
26	U45206TN2009FTC073710	TECTON ENGINEERING & CONSTRUCTION (INDIA) PRIVATE LIMITED	Director	30/11/2009	30/11/2009	-	Active	NO
27	U23109KA2010PTC052186	KALPA CHAR PRODUCTS PRIVATE LIMITED	Director	15/01/2010	15/01/2010	10/03/2014	Active	NO
28	U74900KL2010PLC025553	INKEL-KSIDC PROJECTS LIMITED	Nominee director	24/02/2010	24/02/2010	10/03/2014	Active	NO
29	U74900KL2010PLC025556	INKEL-KINFRA INFRASTRUCTURE PROJECTS LIMITED	Nominee director	24/02/2010	24/02/2010	25/03/2014	Active	NO
30	U11100DL2009PTC187717	TRANSNATIONAL DRILLING & MINING ASSOCIATES PRIVATE LIMITED	Director	28/09/2010	17/08/2010	27/02/2013	Active	NO
31	U45203KL2011PTC029094	CHERAMAN INFRASTRUCTURE PRIVATE LIMITED	Director	10/08/2011	10/08/2011	18/01/2014	Active	NO
32	U67190KL2012PLC032330	CHERAMAN FUNDS MANAGEMENT LIMITED	Director	04/10/2012	04/10/2012	18/01/2014	Active	NO
33	U45200KL2008PTC022428	MFAR INFRASTRUCTURE PROJECTS PRIVATE LIMITED	Additional director	06/05/2013	06/05/2013	-	Active	NO
34	U85110KL2013PTC033977	TIMC VENTURES PRIVATE LIMITED	Additional director	30/05/2013	30/05/2013	-	Active

Name :

Mr. M. M. Abdul Basheer

Designation :

Director

Address :

House no. V/346 B, V. C. Ahmed Unni road, West Veliyathunadu P.O. Malikapeedika, Aluva – 683511, Kerala

Date of Appointment :

10.01.1996

DIN No.:

00120916

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	U31908KL1995PLC009071	INDO GERMAN CARBONS LIMITED	Managing director	01/01/2009	10/01/1996	-	Active	NO
2	U55101KL1997PTC011649	MFAR HOTELS & RESORTS PRIVATE LIMITED	Director	23/07/1997	23/07/1997	-	Active	NO
3	U55101KL2001PTC015027	M FAR BEACH RESORTS PRIVATE LIMITED	Director	30/10/2001	30/10/2001	-	Active	NO
4	U23109KL2004PTC017583	ACTIVE CHAR PRODUCTS PRIVATE LIMITED	Director	15/11/2004	15/11/2004	-	Active	NO
5	U55101KL2006PTC019885	MFAR ELITE RESORTS PRIVATE LIMITED	Director	27/09/2006	27/09/2006	-	Active	NO
6	U55101KL2006PTC020000	KUMALI VALLEY ECO RESORTS PRIVATE LIMITED	Director	15/11/2006	15/11/2006	-	Active	NO
7	U55101KL2006PTC020057	KUMALI MIST RESORTS PRIVATE LIMITED	Director	30/11/2006	30/11/2006	-	Active	NO
8	U55101KL2006PTC020113	MFAR ECO RESORTS (INDIA) PRIVATE LIMITED	Director	15/12/2006	15/12/2006	-	Active	NO
9	U45202KL2007PTC020262	ERANAD PROPERTIES PRIVATE LIMITED	Director	22/01/2007	22/01/2007	31/07/2014	Active	NO
10	U45202KL2007PTC020268	VAZHAYOOR PROPERTIES PRIVATE LIMITED	Director	22/01/2007	22/01/2007	31/07/2014	Active	NO
11	U45202KL2007PTC020266	ERANAD TOWNSHIP COMPLEX PRIVATE LIMITED	Director	22/01/2007	22/01/2007	29/08/2014	Active	NO
12	U45202KL2007PTC020639	EASTHILL PROPERTY DEVELOPERS PRIVATE LIMITED	Director	12/04/2007	12/04/2007	31/07/2014	Active	NO
13	U45202KL2007PTC020640	KALLAI REALTORS PRIVATE LIMITED	Director	12/04/2007	12/04/2007	31/07/2014	Active	NO
14	U45202KL2007PTC020734	MFAR TOWNSHIP COMPLEX PRIVATE LIMITED	Director	01/05/2007	01/05/2007	-	Active	NO
15	U70101KL2007PTC021123	M FAR REALTORS PRIVATE LIMITED	Director	17/08/2007	17/08/2007	-	Active	NO
16	U25199KL2007PTC021338	COCHIN GASKETS PRIVATE LIMITED	Managing director	10/11/2007	23/10/2007	-	Active	NO
17	U45200KL2008PTC022428	MFAR INFRASTRUCTURE PROJECTS PRIVATE LIMITED	Director	15/05/2008	15/05/2008	-	Active	NO
18	U45200KL2008PTC022745	VAZHAYOOR INFRASTRUCTURE AND TOWNSHIP PRIVATE LIMITED	Director	09/07/2008	09/07/2008	28/06/2014	Active	NO
19	U45200KL2008PTC023106	SILVERBRICKS BUILDERS AND DEVELOPERS PRIVATE LIMITED	Director	03/09/2008	03/09/2008	-	Strike off	NO
20	U45209KL2003PTC016226	SUKAM CONSTRUCTIONS PRIVATE LIMITED	Director	10/08/2009	10/08/2009	01/03/2011	Active	NO
21	U63012KL2011PTC028839	MIV LOGISTICS PRIVATE LIMITED	Director	11/07/2011	11/07/2011	-	Active	NO
22	U23109KA2010PTC052186	KALPA CHAR PRODUCTS PRIVATE LIMITED	Additional director	20/08/2011	20/08/2011	-	Active	NO
23	U74999KL1972SGC002450	KERALA STATE ELECTRONICS DEVELOPMENT CORPORATION LIMITED	Director	03/02/2012	03/02/2012	-	Active	NO
24	U45209KL2007PLC020471	INKEL LIMITED	Alternate director	04/06/2013	04/06/2013	-	Active	NO
25	AAB-2491	MANANCHIRA PROPERTIES LLP	Designated Partner	07/12/2012	07/12/2012	-	Active	NO

Name :

Mr. Talzon F. Khoraklwala

Designation :

Director

Address :

P.O. box – 2448, Code 112, Ruwi, Muscat, Sultanate of Oman

Date of Appointment :

09.12.1996

DIN No.:

01771715

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	U31908KL1995PLC009071	INDO GERMAN CARBONS LIMITED	Director	09/12/1996	09/12/1996	-	Active	NO
2	U52110WB1991PTC051626	SWITZ FOODS PVT LTD	Director	12/09/1998	12/09/1998	-	Active	NO
3	U15400MH2004PTC145147	SWITZ BAKERIES PRIVATE LIMITED	Director	17/03/2004	17/03/2004	-	Active	NO
4	U55101MH2005PTC156209	MOHILI MEADOWS RESORT PRIVATE LIMITED	Director	15/06/2007	15/06/2007	-	Active	NO
5	U70200MH2008PTC179206	SENTOSA ESTATES PRIVATE LIMITED	Director	03/03/2008	03/03/2008	-	Active	NO
6	U15209MH2006PTC165510	FTK FOODS PRIVATE LIMITED	Director	22/02/2010	22/02/2010	-	Active	NO

Name :

Mr. Jose Potttokkaran

Designation :

Director

Address :

Rice Bazar, Trichur – 680001, Kerala, India

Date of Appointment :

19.03.1997

DIN No.:

00434887

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	U65992KL1981PTC012544	DON BOSCO KURIES PRIVATE LIMITED	Director	01/10/1992	01/10/1992	-	Active	NO
2	U51101KA1962PTC001465	DARLCO CANNINGS Private Limited	Director	23/02/1995	23/02/1995	-	Active	NO
3	U31908KL1995PLC009071	INDO GERMAN CARBONS LIMITED	Director	19/03/1997	19/03/1997	-	Active	NO
4	U74140KL2002PTC015369	URO DEVELOPMENT AND MANAGEMENT SERVICES PRIVATE LIMITED	Director	22/04/2002	22/04/2002	-	Strike off	NO
5	U65992KL1970PLC002276	KSHEMODAYAM KURIES LTD	Director	01/07/2005	01/07/2005	-	Active	NO
6	U51909KL1987PTC004884	POTTOKARAN AND CO PVT LTD	Director	14/07/2005	14/07/2005	15/02/2010	Active	NO
7	U74140KL2000PTC013646	ABRAHAM AND JOSE MANAGEMENT CONSULTANTS PRIVATE LIMITED	Additional director	17/10/2011	17/10/2011	-	Active	NO

Name :

Mr. Sajitha Basheer

Designation :

Director

Address :

Mucheth House, House no. V/346 B, V.C. Ahmed Unni road, West Veliyathunadu P.O. Maijkapeedika, Alwaye – 683511, Kerala, India

Date of Birth/Age :

17.05.1968

Date of Appointment :

20.01.2014

DIN No.:

00010995

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	U51496KL2001PTC015039	COCHIN COLCHEM PRIVATE LIMITED	Managing director	02/11/2001	02/11/2001	-	Active	NO
2	U55201KL2002PTC015346	MANNAPURAM HOTELS PRIVATE LIMITED	Director	05/04/2002	05/04/2002	-	Active	NO
3	U23109KL2002PTC015283	COCHIN SURFACTANTS PRIVATE LIMITED	Managing director	10/02/2003	10/02/2003	-	Active	NO
4	U74910KL2003PTC016416	CPL LOGISTICS PRIVATE LIMITED	Director	29/08/2003	29/08/2003	-	Active	NO
5	U25199KL2007PTC021338	COCHIN GASKETS PRIVATE LIMITED	Director	23/10/2007	23/10/2007	-	Active	NO
6	U31908KL1995PLC009071	INDO GERMAN CARBONS LIMITED	Whole-time director	20/01/2014	20/09/2010	-	Active	NO

Name :

Mr. Razin Rahman

Designation :

Director

Address :

Siddharth Lane, Thirssur – 680007, Kerala, India

Date of Birth/Age :

11.08.1981

Date of Appointment :

20.01.2014

DIN No.:

00015138

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	U23109KL2004PTC017583	ACTIVE CHAR PRODUCTS PRIVATE LIMITED	Managing director	15/11/2004	15/11/2004	-	Active	NO
2	U45202KL2006PTC019716	GENNEXT CONSTRUCTIONS PRIVATE LIMITED	Director	09/08/2006	09/08/2006	-	Active	NO
3	U70101KL2007PTC021123	M FAR REALTORS PRIVATE LIMITED	Director	30/09/2010	26/07/2010	-	Active	NO
4	U45200KL2008PTC022428	MFAR INFRASTRUCTURE PROJECTS PRIVATE LIMITED	Director	30/09/2010	26/07/2010	-	Active	NO
5	U45200KL2008PTC022745	VAZHAYOOR INFRASTRUCTURE AND TOWNSHIP PRIVATE LIMITED	Director	30/09/2010	26/07/2010	-	Active	NO
6	U74140KL1994PTC007901	M FAR ENTERPRISES PRIVATE LIMITED	Director	29/09/2010	26/07/2010	-	Active	NO
7	U55101KL2001PTC015027	M FAR BEACH RESORTS PRIVATE LIMITED	Director	30/09/2010	26/08/2010	-	Active	NO
8	U31908KL1995PLC009071	INDO GERMAN CARBONS LIMITED	Director	20/01/2014	20/09/2010	-	Active	NO
9	U24299KL1951SGC001237	THE TRAVANCORE COCHIN CHEMICALS LIMITED	Director	31/12/2013	28/12/2012	-	Active	NO
10	U45202KL2007PTC020266	ERANAD TOWNSHIP COMPLEX PRIVATE LIMITED	Director	30/09/2014	22/07/2014	-	Active	NO
11	U45202KL2007PTC020640	KALLAI REALTORS PRIVATE LIMITED	Director	30/09/2014	22/07/2014	-	Active	NO
12	U45202KL2007PTC020262	ERANAD PROPERTIES PRIVATE LIMITED	Director	30/09/2014	22/07/2014	-	Active	NO
13	U45202KL2007PTC020639	EASTHILL PROPERTY DEVELOPERS PRIVATE LIMITED	Director	30/09/2014	22/07/2014	-	Active	NO
14	U45202KL2007PTC020268	VAZHAYOOR PROPERTIES PRIVATE LIMITED	Director	30/09/2014	22/07/2014	-	Active	NO
15	AAB-2491	MANANCHIRA PROPERTIES LLP	Designated Partner	07/12/2012	07/12/2012	-	Active	NO

Name :

Mr. Mohiuddin Mohamad Ali

Designation :

Director

Address :

Al Barakah, Thevara Ferry Road, Cochin, Kerala, India

Date of Appointment :

31.12.2010

DIN No.:

02276761

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	U23109KL2004PTC017583	ACTIVE CHAR PRODUCTS PRIVATE LIMITED	Director	31/12/2008	31/12/2008	-	Active	NO
2	U31908KL1995PLC009071	INDO GERMAN CARBONS LIMITED	Director	31/12/2010	31/12/2010	-	Active	NO
3	U45202KL2006PTC019716	GENNEXT CONSTRUCTIONS PRIVATE LIMITED	Director	13/07/2011	13/07/2011	-	Active	NO
4	U55101KL1997PTC011649	MFAR HOTELS & RESORTS PRIVATE LIMITED	Director	25/08/2012	09/11/2011	-	Active	NO
5	U45400KA1996PTC020374	M FAR CONSTRUCTIONS PRIVATE LIMITED	Director	13/09/2014	07/02/2014	-	Active	NO
6	U45202KA2008PTC047083	MFAR DEVELOPERS PRIVATE LIMITED	Director	30/09/2014	25/03/2014	-	Active	NO
7	U70102KA2007PTC041722	LEONIS DEVELOPERS PRIVATE LIMITED	Director	30/09/2014	26/03/2014	-	Active	NO
8	U85110KA2000PTC027813	YENEPOYA LOGISTICS PRIVATE LIMITED	Director	30/09/2014	26/03/2014	-	Active	NO
9	U07010KA1997PTC021911	M FAR HOLDINGS PRIVATE LIMITED	Director	26/09/2014	31/03/2014	-	Active	NO
10	U45203KA2007PTC043315	CIVIC INDIA M FAR HABITAT AND INFRASTRUCTURE PRIVATE LIMITED	Additional director	22/05/2014	22/05/2014	-	Active	NO
11	U74140KL1994PTC007901	M FAR ENTERPRISES PRIVATE LIMITED	Director	30/09/2014	22/05/2014	-	Active	NO

KEY EXECUTIVES

Name :	Ms. Rethi
Designation :	Secretary to MD

MAJOR SHAREHOLDERS

As on 30.09.2014

Names of Shareholders	No. of Shares
P. Mohamad Ali	1645571
Rasiya Mohamad A;li	1
P. Khaleel	1
Sajitha Khaleel	1
A.M. Abdul Samath	1
P. M. Sherei	1
S.K.K. Nair	1
M.M. Abdul Basheer	150000
Oman Holdings Limited, Mauritius	800000
Bismi Holdings Limited, Mauritius	2430000
Thekkath Devassy Xavi	248600
Mohlyudin Mohamad Ali	696000
Deepak Atal	29830
Mfar Enterprises Private Limited	130000
Total	6130007

As on 30.09.2014

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	52.69
Directors or relatives of Directors	47.31
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer and Exporter of Coconut Shell based activated Carbon Products.

Products :

PRODUCT DESCRIPTION	ITC NO.
Activated Carbon	38021000

Brand Names :

Not divulged

Agencies Held :

Not divulged

Exports :

Products :

Finished Goods

Countries :

• Iran
• Saudi Arabia

Imports :

Not divulged

Terms :

Selling :

Cash and Credit (30 Days)

Purchasing :

Cash and Credit (30 Days)

GENERAL INFORMATION

Suppliers :

Not divulged

Customers :

Wholesalers, Retailers and Manufacturer

• Mukkah Water Company, Saudi Arabia

No. of Employees :

80 (Approximately)

Bankers :

Banker Name	Union Bank of India
Branch Address	Overseas Branch, M.G. Road, Ernakulam, Kochi – 682035, Kerala, India
Person Name (With Designation)	Not Divulged
Contact Number	Not Divulged
Name of Account Holder	Not Divulged
Account Number	Not Divulged
Account Since (Date/Year of Account Opening)	Not Divulged
Average Balance Maintained (If Possible)	Not Divulged
Credit Facilities Enjoyed (If any)	Not Divulged
Account Operation	Not Divulged
Remarks (If any)	Declined to Provide Bankers Contact Details.

Banker Name	State Bank of India
Branch Address	Overseas Branch, Indira Gandhi Road, Willington Island, Kochi - 682003, Kerala, India
Person Name (With Designation)	Not Divulged
Contact Number	Not Divulged
Name of Account Holder	Not Divulged
Account Number	Not Divulged
Account Since (Date/Year of Account Opening)	Not Divulged
Average Balance Maintained (If Possible)	Not Divulged
Credit Facilities Enjoyed (If any)	Not Divulged
Account Operation	Not Divulged
Remarks (If any)	Declined to Provide Bankers Contact Details.

Facilities :

(Rs. In Millions)

SECURED LOAN	As on 31.03.2012	As on 31.03.2011
LONG TERM BORROWING
Term loan from banks	8.629	20.319
SHORT TERM BORROWING
Rupee term loan from bank	77.413	65.405
Total	86.042	85.724

Auditors :
Name :	Vivek Krishna Govind Chartered Accountant
Address :	P B No. 2350, Nettepadam Road, Ernakulam – 682016, Kerala, India
PAN No.:	AABFV9555E
Auditors :
Name :	Verma and Verma Chartered Accountant
Memberships :	Not Divulged
Subsidiaries :	Indo Carb Corporation INC, United States
Sister concern :	Active Char Products Private Limited, Cochin, Kerala, India Cochin Surfactants Private Limited, Cochin, Kerala, India Kalpa Char Products Private Limited, Karnataka, India

CAPITAL STRUCTURE

As on 30.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
8250000	Equity Shares	Rs.10/- each	Rs. 82.500 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
6130007	Equity Shares	Rs.10/- each	Rs. 61.300 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2012	31.03.2011
I.              EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	61.300	61.300
(b) Reserves & Surplus	55.824	44.852
(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)	117.124	106.152
(3) Non-Current Liabilities
(a) long-term borrowings	8.629	20.319
(b) Deferred tax liabilities (Net)	13.086	9.125
(c) Other long term liabilities	0.000	0.000
(d) long-term provisions	2.280	2.099
Total Non-current Liabilities (3)	23.995	31.543
(4) Current Liabilities
(a) Short term borrowings	77.413	65.405
(b) Trade payables	31.840	15.911
(c) Other current liabilities	35.872	16.714
(d) Short-term provisions	15.163	0.000
Total Current Liabilities (4)	160.288	98.030
TOTAL	301.407	235.725
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	85.793	89.329
(ii) Intangible Assets	0.000	0.000
(iii) Capital work-in-progress	1.083	0.023
(iv) Intangible assets under development	0.000	0.000
(b) Non-current Investments	3.933	3.932
(c) Deferred tax assets (net)	0.000	0.000
(d) Long-term Loan and Advances	1.005	1.333
(e) Other Non-current assets	0.039	0.030
Total Non-Current Assets	91.853	94.647
(2) Current assets
(a) Current investments	0.000	0.000
(b) Inventories	89.265	28.949
(c) Trade receivables	78.344	66.989
(d) Cash and cash equivalents	7.085	6.234
(e) Short-term loans and advances	34.825	38.887
(f) Other current assets	0.035	0.019
Total Current Assets	209.554	141.078
TOTAL	301.407	235.725

SOURCES OF FUNDS		31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		61.300
2] Share Application Money		0.000
3] Reserves & Surplus		44.389
4] (Accumulated Losses)		0.000
NETWORTH		105.689
LOAN FUNDS
1] Secured Loans		97.006
2] Unsecured Loans		0.000
TOTAL BORROWING		97.006
DEFERRED TAX LIABILITIES		8.692
TOTAL		211.387
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		92.252
Capital work-in-progress		0.746
INVESTMENT		3.933
DEFERREX TAX ASSETS		0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	40.634
	Sundry Debtors	84.574
	Cash & Bank Balances	7.775
	Other Current Assets	0.014
	Loans & Advances	33.050
Total Current Assets		166.047
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	0.000
	Other Current Liabilities	36.100
	Provisions	15.490
	Current Liability Provision	0.000
Total Current Liabilities		51.591
Net Current Assets		114.456
MISCELLANEOUS EXPENSES		0.000
TOTAL		211.387

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2012	31.03.2011	31.03.2010
	SALES
	Income	395.300	267.783	360.519
	Other Income	NA	2.069	2.101
	TOTAL (A)	NA	269.852	362.620
Less	EXPENSES
	consumption materials changes inventories		187.227	227.836
	Manufacturing service costs		33.149	42.869
	Employee related expenses		22.461	22.100
	Administrative selling other expenses	NA	9.957	13.694
	Manufacturing other operating expenses		0.000	0.000
	TOTAL (B)		252.794	306.499
Less	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (C)	NA	17.058	56.121
Less	FINANCIAL EXPENSES (D)	NA	6.967	8.075
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)	NA	10.091	48.046
Less/ Add	DEPRECIATION/ AMORTISATION (F)	NA	8.991	8.781
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)	32.500	1.100	39.265
Less	TAX (I)	9.758	0.638	15.752
	PROFIT/ (LOSS) AFTER TAX (G-I) (J)	22.742	0.462	23.513
	Earnings / (Loss) Per Share (Rs.)	3.71	NA	NA

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
Net Profit Margin (PAT/Sales)	(%)	0.75	0.17	6.52
Operating Profit Margin (PBDIT / Sales)	(%)	NA	6.37	15.56
Return on Total Assets (PBT/Total Assets}	(%)	15.51	0.77	23.65
Return on Investment (ROI) (PBT/Networth)		27.75	1.04	3.78
Debt Equity Ratio (Total Debt /Networth)		1.57	1.22	0.92
Current Ratio (Current Asset/Current Liability)		1.31	1.44	1.45

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particular	31.03.20110	31.03.2011	31.03.2012
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Share Capital	61.300	61.300	61.300
Reserves & Surplus	44.389	44.852	55.824
Net worth	105.689	106.152	117.124
long-term borrowings	97.006	20.319	8.629
Short term borrowings		65.405	77.413
Total borrowings	97.006	85.724	86.042
Debt/Equity ratio	0.918	0.808	0.735

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2010	31.03.2011	31.03.2012
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	360.519	267.783	395.300
		(25.723)	47.620

NET PROFIT MARGIN

Net Profit Margin	31.03.2010	31.03.2011	31.03.2012
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	360.519	267.783	395.300
Profit	23.513	0.462	22.742
	6.52%	0.17%	5.75%

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	No
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	Yes
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	Yes

INDEX OF CHARGES

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	90017024	25/08/2005 *	8,000,000.00	STATE BANK OF INDIA	OVERSEAS BRANCH, WILLINGDON ISLAND, COCHIN, Keral a - 682003, INDIA	-
2	90016562	21/02/2012 *	118,000,000.00	State Bank of India	Ovearseas Branch, Indira Gandhi Road, Willington Island, kochi, Kerala - 682003, INDIA	B37313236

* Date of charge modification

FIXED ASSETS

• Land
• Buildings
• Plant and equipment
• Furniture and fixtures
• Vehicles
• Office equipment

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.61.68
UK Pound	1	Rs.96.94
Euro	1	Rs.77.36

INFORMATION DETAILS

Information Gathered by :	DIP
Analysis Done by :	DIV
Report Prepared by :	ART

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	3
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	2
--CREDIT LINES	1~10
--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	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		28

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
--	NB	New Business	--

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.