MIRA INFORM REPORT

Report Date :

26.11.2014

IDENTIFICATION DETAILS

Name :	SHREENIWAS COTTON MILLS LIMITED
Registered Office :	Shreeniwas House, Hazarimal Somani Marg, Fort, Mumbai 400001, Maharashtra
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	05.02.1935
Com. Reg. No.:	11-002249
Capital Investment / Paid-up Capital :	Rs.99.002 Millions
CIN No.: [Company Identification No.]	U70104MH1935PLC002249
TIN No.:	Not Available
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	MUMS69897C
PAN No.: [Permanent Account No.]	AAICS9416R
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	The Company is engaged in developing, constructing residential and commercial properties and selling the immovable properties.
No. of Employees :	Information denied by management

RATING & COMMENTS

MIRA’s Rating :

B (33)

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

Maximum Credit Limit :	USD 9300000
Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Exist
Comments :	Subject is an established company having moderate track record. External borrowing of the company is huge which act as a threat to liquidity position of the company. However, trade relations are fair. Business is active. Payments are slow but correct. The company can be considered for business dealing 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 – 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 slowly 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

NOT AVAILABLE

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 DENIED

Unable to contact the company (Tel No.: 91-22-23024690 constantly ringing)

LOCATIONS

Registered Office :	Shreeniwas House, Hazarimal Somani Marg, Fort, Mumbai 400001, Maharashtra, India
Tel. No.:	91-22-23024690 / 2048241 / 22070159
Fax No.:	Not Available
E-Mail :	anshu.agarwal@lodhagroup.com

DIRECTORS

As on 27.09.2013

Name :

Mr. Venkateshwer Somani

Designation :

Director

Address :

131, Laxmi Vilas, 87, L.J. Jagmohandas Marg, Mumbai - 400006, Maharashtra, India

Date of Birth/Age :

22.02.1928

Date of Appointment :

10.10.1980

DIN No.:

00314683

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	U70100MH1972PLC015914	MADHU CORPORATE PARK LIMITED	Director	22/07/1972	22/07/1972	-	Active	NO
2	L21012MH1964PLC013058	PUDUMJEE PULP AND PAPER MILLS LIMITED	Director	13/09/2014	28/02/1974	-	Active	NO
3	U70104MH1935PLC002249	SHREENIWAS COTTON MILLS LIMITED	Director	10/10/1980	10/10/1980	-	Active	NO
4	U26900MH1956PLC009830	EVINCO EXIM LIMITED	Director	10/10/1980	10/10/1980	-	Active	NO

Name :

Mr. Keyur Sanat Shah

Designation :

Nominee Director

Address :

Flat No: 11 I Floor Beach Towers Condominium, P.Balu Marg Tata Press Road, Prabhadevi-Vi, Mumbai - 400025, Maharashtra, India

Date of Birth/Age :

11.01.1971

Date of Appointment :

28.09.2010

DIN No.:

00332145

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	U70101TN2005PTC056894	OZONE PROJECTS PRIVATE LIMITED	Director	29/09/2006	02/03/2006	-	Active	NO
2	U45201MH2006PTC165795	SIGNATURE BUNGLOWS PRIVATE LIMITED	Nominee director	30/01/2007	30/01/2007	14/09/2012	Active	NO
3	U04520MH2005PTC239507	Godrej Nandhi Hills Project Private Limited	Director	23/07/2008	23/07/2008	18/03/2011	Amalgamated	NO
4	U04520GJ2005PTC073518	UDHAY-JVG REALTY PRIVATE LIMITED	Additional director	21/12/2011	14/08/2009	27/12/2011	Amalgamated	NO
5	U04520GJ2005PTC072046	UDHAY-VJ REALTY PRIVATE LIMITED	Additional director	21/12/2011	14/08/2009	27/12/2011	Active	NO
6	U70104MH1935PLC002249	SHREENIWAS COTTON MILLS LIMITED	Nominee director	08/11/2010	20/09/2010	-	Active	NO
7	U70200KA2011PTC057054	Summit Developments Private Limited	Alternate director	30/09/2014	14/12/2011	-	Active	NO
8	U70102MH2008PTC177239	AGILE REAL ESTATE PRIVATE LIMITED	Alternate director	22/09/2014	14/12/2011	-	Active	NO
9	U85110KA1995PTC017949	SWIRE INVESTMENT PRIVATE LIMITED	Alternate director	30/09/2014	27/04/2012	-	Active	NO
10	U85110KA1995PTC017950	NAM ESTATES PRIVATE LIMITED	Alternate director	30/09/2014	27/04/2012	-	Active	NO
11	U45200MH1995PTC088201	ASCENT CONSTRUCTION PRIVATE LIMITED	Director	26/09/2013	26/12/2012	-	Active	NO

Name :

Mr. Naresh Manohar Nadkarni

Designation :

Nominee Director

Address :

602, 6th Floor Godrej La Vista,132, M.B Raut Road Shivaji Park Dadar, Mumbai - 400028, Maharashtra, India

Date of Birth/Age :

14.07.1962

Date of Appointment :

28.09.2010

DIN No.:

00448178

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	U04520MH2005PTC239507	Godrej Nandhi Hills Project Private Limited	Director	29/09/2005	29/09/2005	18/03/2011	Amalgamated	NO
2	U04520GJ2005PTC073518	UDHAY-JVG REALTY PRIVATE LIMITED	Director	17/10/2005	17/10/2005	27/12/2011	Amalgamated	NO
3	U04520GJ2005PTC072046	UDHAY-VJ REALTY PRIVATE LIMITED	Director	17/10/2005	17/10/2005	27/12/2011	Active	NO
4	U07010KA2002PTC030626	STERLING URBAN DEVELOPMENTS PRIVATE LIMITED	Director	12/12/2005	12/12/2005	-	Active	NO
5	U45200MH2006PTC160094	KHARADI PROPERTIES PRIVATE LIMITED	Director	28/02/2006	28/02/2006	13/02/2008	Active	NO
6	U70100MH2005PTC154268	GODREJ REALTY PRIVATE LIMITED	Director	16/03/2006	16/03/2006	-	Active	NO
7	U85110KA1995PTC018596	DSRK HOLDINGS PRIVATE LIMITED	Director	14/12/2006	14/12/2006	-	Active	NO
8	U70101TN2005PTC056894	OZONE PROJECTS PRIVATE LIMITED	Alternate director	22/12/2006	22/12/2006	07/07/2008	Active	NO
9	U45201MH2006PTC165795	SIGNATURE BUNGLOWS PRIVATE LIMITED	Nominee director	30/01/2007	30/01/2007	14/09/2012	Active	NO
10	U45201TN1998PTC039924	MAGNUM FOUNDATIONS PRIVATE LIMITED	Director	11/05/2007	11/05/2007	-	Active	NO
11	U70100MH1987PLC044721	PARANJAPE SCHEMES (CONSTRUCTION) LIMITED	Nominee director	07/06/2007	07/06/2007	-	Active	NO
12	U70100MH2005PTC154255	GODREJ WATERSIDE PROPERTIES PRIVATE LIMITED	Director	18/06/2008	30/07/2007	08/01/2013	Amalgamated	NO
13	U45204MH2006PTC161661	SANSARA DEVELOPERS INDIA PRIVATE LIMITED	Director	30/09/2008	15/11/2007	17/08/2011	Active	NO
14	U45200MH2007PTC168913	LODHA HEALTHY CONSTRUCTIONS AND DEVELOPERS PRIVATE LIMITED	Alternate director	10/03/2014	30/04/2008	30/08/2014	Active	NO
15	U70100MH2005PTC158264	WINDWARD BUILDERS PRIVATE LIMITED	Alternate director	22/09/2014	30/04/2008	-	Active	NO
16	U45200MH2006PTC158992	SKYSCAPE DEVELOPERS PRIVATE LIMITED	Alternate director	22/09/2014	30/04/2008	-	Active	NO
17	U65990MH1988PTC049619	BENGAL SHAPOORJI HOUSING DEVELOPMENT PRIVATE LIMITED	Alternate director	22/09/2014	30/04/2008	-	Active	NO
18	U65990MH1996PTC102459	BENGAL SHAPOORJI DEVELOPERS PRIVATE LIMITED	Alternate director	22/09/2014	30/04/2008	-	Active	NO
19	U45200MH2005PTC158270	KOLLAND DEVELOPERS PRIVATE LIMITED	Alternate director	22/09/2014	30/04/2008	-	Active	NO
20	U70102PN2007PTC129608	KAKADE ESTATE DEVELOPERS PRIVATE LIMITED	Alternate director	11/05/2011	27/06/2008	-	Active	NO
21	U70102KA2000PTC027477	MANYATA PROMOTERS PRIVATE LIMITED	Director	30/09/2009	20/10/2008	08/09/2011	Active	NO
22	U70102MH2008PTC183617	Suryakrupa Constructions Private Limited	Alternate director	03/10/2009	31/03/2009	31/08/2010	Active	NO
23	U01211MH1939PTC003017	THE MANJRI STUD FARM PRIVATE LIMITED	Alternate director	22/09/2014	24/04/2009	-	Active	NO
24	U45200PN2007PTC130346	MATOSHREE SAHIL INFRASTRUCTURE PRIVATE LIMITED	Nominee director	08/05/2009	08/05/2009	-	Active	NO
25	U45200MH2005PTC158083	HIGHSTREET DEVELOPERS PRIVATE LIMITED	Alternate director	22/09/2014	31/08/2009	-	Active	NO
26	U70104MH1935PLC002249	SHREENIWAS COTTON MILLS LIMITED	Nominee director	08/11/2010	20/09/2010	-	Active	NO
27	U45400MH2010PTC206647	FRIENDS DEVELOPMENT CORPORATION (IMPERIA) PRIVATE LIMITED	Alternate director	02/09/2013	03/01/2011	21/02/2014	Active	NO
28	U51909MH2004PTC146299	GIGAPLEX DEVELOPERS PRIVATE LIMITED	Alternate director	10/03/2014	11/11/2011	-	Active	NO
29	U70102MH2008PTC177239	AGILE REAL ESTATE PRIVATE LIMITED	Director	28/12/2011	14/12/2011	-	Active	NO
30	U45201KA2011PTC057194	FORTUNA URBANSCAPE PRIVATE LIMITED	Alternate director	15/12/2011	15/12/2011	-	Active	NO
31	U74140MH2000PLC124897	HDFC REALTY LIMITED	Director	12/07/2013	27/09/2012	-	Active	NO

Name :

Mr. Kishore Purushottam Tidke

Designation :

Additional Director

Address :

7 / 4 , Adityman, Kanti Nagar Andheri East, Mumbai - 400059, Maharashtra, India

Date of Appointment :

09.09.2014

DIN No.:

02070198

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	U40300MH2008PTC183176	KRC Infrastructure and Projects Private Limited	Director	04/06/2008	04/06/2008	19/08/2009	Active	NO
2	U45400MH2007PTC173512	Anantnath Constructions and Farms Private Limited	Nominee director	30/09/2014	04/10/2013	-	Active	NO
3	U70109MH2007PTC166867	SIDDHNATH RESIDENTIAL PARADISE PRIVATE LIMITED	Nominee director	29/09/2014	04/10/2013	-	Active	NO
4	U45201MH2006PTC164295	ADINATH BUILDERS PRIVATE LIMITED	Nominee director	30/09/2014	04/10/2013	-	Active	NO
5	U45400MH2010PTC202418	KUNDAN REALTORS PRIVATE LIMITED	Nominee director	30/09/2014	04/10/2013	-	Active	NO
6	U45200MH2008PTC177494	Sarvavasa Buildtech & Farms Private Limited	Nominee director	30/09/2014	04/10/2013	-	Active	NO

Name :

Mr. Hariharan Jayakumar

Designation :

Director

Address :

59, Avenue Des Talipots, Quatre Borns, Mauritius, 00, Mauritius

Date of Birth/Age :

06.04.1949

Date of Appointment :

28.09.2010

DIN No.:

02259797

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	U65990MH1996PTC102459	BENGAL SHAPOORJI DEVELOPERS PRIVATE LIMITED	Director	30/09/2008	30/04/2008	-	Active	NO
2	U70100MH2005PTC158264	WINDWARD BUILDERS PRIVATE LIMITED	Director	30/09/2008	30/04/2008	-	Active	NO
3	U45200MH2006PTC158992	SKYSCAPE DEVELOPERS PRIVATE LIMITED	Director	30/09/2008	30/04/2008	-	Active	NO
4	U45200MH2005PTC158270	KOLLAND DEVELOPERS PRIVATE LIMITED	Director	30/09/2008	30/04/2008	-	Active	NO
5	U65990MH1988PTC049619	BENGAL SHAPOORJI HOUSING DEVELOPMENT PRIVATE LIMITED	Director	30/09/2008	30/04/2008	-	Active	NO
6	U45200MH2007PTC168913	LODHA HEALTHY CONSTRUCTIONS AND DEVELOPERS PRIVATE LIMITED	Nominee director	30/04/2008	30/04/2008	-	Active	NO
7	U70102PN2007PTC129608	KAKADE ESTATE DEVELOPERS PRIVATE LIMITED	Nominee director	27/06/2008	27/06/2008	-	Active	NO
8	U45202MH1946PLC005262	NEW CONSOLIDATED CONSTRUCTION COMPANY LIMITED	Director	22/09/2008	30/06/2008	-	Active	NO
9	U45200MH1995PTC088201	ASCENT CONSTRUCTION PRIVATE LIMITED	Director	26/07/2008	26/07/2008	-	Active	NO
10	U70102MH2008PTC183617	Suryakrupa Constructions Private Limited	Nominee director	11/11/2008	11/11/2008	31/08/2010	Active	NO
11	U01211MH1939PTC003017	THE MANJRI STUD FARM PRIVATE LIMITED	Director	25/09/2009	24/04/2009	-	Active	NO
12	U45200MH2005PTC158083	HIGHSTREET DEVELOPERS PRIVATE LIMITED	Director	25/09/2009	31/08/2009	-	Active	NO
13	U55101KA2000PTC026742	SIDDHARTA RESORTS & FOODS PRIVATE LIMITED	Nominee director	30/09/2010	07/11/2009	-	Active	NO
14	U70104MH1935PLC002249	SHREENIWAS COTTON MILLS LIMITED	Nominee director	08/11/2010	20/09/2010	-	Active	NO
15	U45400MH2010PTC206647	FRIENDS DEVELOPMENT CORPORATION (IMPERIA) PRIVATE LIMITED	Director	20/12/2010	20/12/2010	-	Active	NO
16	U51909MH2004PTC146299	GIGAPLEX DEVELOPERS PRIVATE LIMITED	Director	30/09/2011	11/08/2011	-	Active	NO
17	U70102MH2008PTC177239	AGILE REAL ESTATE PRIVATE LIMITED	Director	30/09/2011	24/08/2011	-	Active	NO
18	U70200KA2011PTC057054	Summit Developments Private Limited	Nominee director	14/09/2011	14/09/2011	-	Active	NO
19	U45201KA2011PTC057194	FORTUNA URBANSCAPE PRIVATE LIMITED	Director	20/08/2012	15/12/2011	-	Active	NO
20	U85110KA1995PTC017949	SWIRE INVESTMENTS PRIVATE LIMITED	Director	11/04/2012	19/03/2012	-	Active	NO
21	U85110KA1995PTC017950	NAM ESTATES PRIVATE LIMITED	Director	11/04/2012	19/03/2012	-	Active	NO
22	U45200MH2012PLC227292	MRUNMAI PROPERTIES LIMITED	Director	30/09/2013	27/09/2013	-	Active	NO

Name :

Mr. Babusingh Bhoorsinghji Rajguru

Designation :

Nominee Director

Address :

Flat No 702/B Wing, Iris Building Majiwada, Lodha Paradise, Thane West - 400601, Maharashtra, India

Date of Birth/Age :

10.08.1958

Date of Appointment :

17.01.2013

DIN No.:

02696937

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	U70102MH2007PTC166919	LODHA BUILDCON PRIVATE LIMITED	Director	15/09/2009	13/07/2009	15/01/2013	Active	NO
2	U45201MH2007PTC173532	Infratech Builders and Agro Private Limited	Director	15/09/2009	14/07/2009	-	Amalgamated	NO
3	U01407MH2007PTC173463	Dharmanath Infra and Agro Private Limited	Director	12/09/2009	14/07/2009	01/10/2010	Strike off	NO
4	U55200MH1974PTC017810	HOTEL RAHAT PALACE PRIVATE LIMITED	Director	10/09/2009	14/07/2009	15/01/2013	Active	NO
5	U45201MH2006PTC166589	LODHA DESIGNER CONSTRUCTION PRIVATE LIMITED	Director	14/09/2009	14/07/2009	15/01/2013	Active	NO
6	U70102MH2007PTC166667	MARUTINANDAN REAL ESTATE DOVELOPERS PRIVATE LIMITED	Director	14/09/2009	14/07/2009	01/10/2010	Active	NO
7	U45200MH2007PTC168950	LODHA ATTENTIVE DEVELOPERS AND FARMS PRIVATE LIMITED	Director	12/09/2009	14/07/2009	15/01/2013	Active	NO
8	U45200MH2007PTC169006	LODHA ATTRACTIVE CONSTRUCTIONS AND FARMS PRIVATE LIMITED.	Director	14/09/2009	14/07/2009	01/10/2010	Active	NO
9	U45400MH2007PTC169353	MAHAVIR BUILD ESTATE PRIVATE LIMITED	Director	14/09/2009	14/07/2009	15/01/2013	Active	NO
10	U70100MH1954PTC009423	SITALDAS ESTATE PRIVATE LIMITED	Director	15/09/2009	14/07/2009	15/01/2013	Active	NO
11	U45200MH2007PTC168885	HI-CLASS DEVELOPERS PRIVATE LIMITED	Director	14/09/2009	14/07/2009	-	Strike off	NO
12	U45400MH2007PTC169315	Samvara Buildtech Private Limited	Nominee director	14/09/2009	14/07/2009	31/05/2011	Active	NO
13	U45200MH1994PTC078551	MEGHAL HOMES P LTD	Additional director	31/08/2009	31/08/2009	30/09/2009	Active	NO
14	U45208MH2007PLC173729	LODHA FACILITIES MANAGEMENT LIMITED	Director	23/09/2010	01/04/2010	27/02/2012	Active	NO
15	U45300MH2007PTC173730	Lodha Novel Buildfarms Private Limited	Nominee director	23/08/2010	01/04/2010	15/01/2013	Amalgamated	NO
16	U40100MH2008PTC177500	Palava City Management Private Limited	Nominee director	29/09/2011	01/07/2010	15/01/2013	Active	NO
17	U45203MH2008PTC186176	LODHA ULTIMATE BUILDTECH AND FARMS PRIVATE LIMITED	Nominee director	29/09/2011	01/10/2010	-	Strike off	NO
18	U45400MH2007PTC173512	Anantnath Constructions and Farms Private Limited	Nominee director	29/09/2011	22/11/2010	15/01/2013	Active	NO
19	U72200MH2006PTC160863	Nabhiraja Software Design Private Limited	Nominee director	30/09/2011	01/04/2011	15/01/2013	Active	NO
20	U70101MH1994PTC081108	MACROTECH CONSTRUCTIONS PRIVATE LIMITED	Nominee director	29/09/2011	15/06/2011	15/01/2013	Amalgamated	NO
21	U70100MH1985PTC038213	COWTOWN LAND DEVELOPMENT PRIVATE LIMITED	Nominee director	30/09/2011	15/06/2011	15/01/2013	Active	NO
22	U70104MH1935PLC002249	SHREENIWAS COTTON MILLS LIMITED	Nominee director	27/09/2013	17/01/2013	-	Active	NO
23	L99999MH1947PLC252768	SANATHNAGAR ENTERPRISES LIMITED	Director	27/09/2013	21/01/2013	-	Active	NO
24	AAC-7084	PRAMODA BUSINESS ADVISORS LLP	Designated Partner	13/09/2014	13/09/2014	-	Active	NO

Name :

Mr. Sandeep Krishna Saxena

Designation :

Nominee Director

Address :

Flat No.1803, 18th Floor, Elitis, Lodha Aurum, Kanjurmarg (East), Mumbai 400042, Maharashtra, India

Date of Birth/Age :

25.12.1964

Date of Appointment :

26.10.2010

DIN No.:

02754303

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	U70102MH2007PTC166919	LODHA BUILDCON PRIVATE LIMITED	Director	15/09/2009	13/07/2009	31/05/2011	Active	NO
2	U45201MH2006PTC166370	LODHA HOME STYLES PRIVATE LIMITED	Director	14/09/2009	14/07/2009	15/01/2013	Active	NO
3	U70100MH2005PTC151783	SEATECH ESTATE PRIVATE LIMITED	Director	14/09/2009	14/07/2009	06/12/2010	Active	NO
4	U45200MH2007PTC169006	LODHA ATTRACTIVE CONSTRUCTIONS AND FARMS PRIVATE LIMITED.	Director	14/09/2009	14/07/2009	01/10/2010	Active	NO
5	U45202MH2007PTC169025	LODHA CROWN BUILDMART PRIVATE LIMITED	Director	15/09/2009	14/07/2009	05/03/2013	Active	NO
6	U45201MH2007PTC166670	LODHA PINNACLE BUILDTECH AND FARMS PRIVATE LIMITED	Director	14/09/2009	14/07/2009	15/01/2013	Active	NO
7	U45400MH2007PTC169353	MAHAVIR BUILD ESTATE PRIVATE LIMITED	Director	14/09/2009	14/07/2009	15/01/2013	Active	NO
8	U45200MH2007PTC166830	LODHA IMPRESSION REAL ESTATE PRIVATE LIMITED	Director	14/09/2009	14/07/2009	15/01/2013	Active	NO
9	U70102MH2007PTC169350	AASTHAVINAYAK ESTATE COMPANY PRIVATE LIMITED	Director	14/09/2009	14/07/2009	15/01/2013	Active	NO
10	U45200MH2007PTC168949	HI-CLASS BUILDCON PRIVATE LIMITED	Director	14/09/2009	14/07/2009	15/01/2013	Active	NO
11	U45200MH2007PTC168979	LODHA ACHIEVER BUILDCON AND FARMS PRIVATE LIMITED.	Director	14/09/2009	14/07/2009	01/10/2010	Active	NO
12	U45201MH2007PTC173532	Infratech Builders and Agro Private Limited	Director	15/09/2009	14/07/2009	-	Amalgamated	NO
13	U99999MH1964PTC012859	SIMTOOLS Private LIMITED	Director	17/09/2009	14/07/2009	-	Active	NO
14	U45201MH2006PTC163751	LODHA PROPERTIES DEVELOPMENT PRIVATE LIMITED	Director	10/09/2009	16/07/2009	04/10/2013	Active	NO
15	U45201MH2006PTC165646	MICROTEC CONSTRUCTIONS PRIVATE LIMITED	Director	12/09/2009	31/07/2009	15/01/2013	Active	NO
16	U45203MH2008PTC186176	LODHA ULTIMATE BUILDTECH AND FARMS PRIVATE LIMITED	Nominee director	29/09/2011	24/09/2010	-	Strike off	NO
17	U70104MH1935PLC002249	SHREENIWAS COTTON MILLS LIMITED	Nominee director	30/09/2011	26/10/2010	-	Active	NO
18	U45200MH2007PTC168890	LODHA ORIGIN REALTORS AND FARMS PRIVATE LIMITED.	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
19	U45200MH2007PTC169577	LODHA TOWNSCAPE PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
20	U45200MH2007PTC169576	LODHA QUALITY REALTORS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
21	U45200MH2007PTC168978	LODHA LUXURY BUILDCON PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
22	U45200MH2007PTC168253	LODHA INTENSITY CONSTRUCTION PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
23	U45400MH2007PTC169575	LODHA FLATS AND HOUSES PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
24	U45201MH2007PTC173655	LODHA INFRACREATIONS AND FARMS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
25	U45201MH2006PTC166532	LODHA FOREMOST CONSTRUCTIONS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
26	U45202MH2008PTC186153	LODHA FARMTECH AND BUILDERS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
27	U45200MH2007PTC168822	LODHA ENERGETIC DEVELOPERS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
28	U45200MH2007PTC168449	LODHA CORE CONSTRUCTIONS AND ENGINEERS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
29	U70200MH2007PTC166834	LODHA CIVIL CONSTRUCTION PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
30	U45200MH2007PTC168395	LODHA BUILDTECH INFRASTRUCTURES PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
31	U45200MH2007PTC168963	LODHA BONAFIDE BUILDERS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
32	U45200MH2005PTC155136	LODHA AND KHENI DEVELOPERS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
33	U70109MH2007PTC173496	Lodha Agrobuild Tech Private Limited	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
34	U45200MH2007PTC168912	LODHA FOUNDATION DEVELOPERS AND BUILDERS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
35	U45200MH2007PTC168819	LODHA INFRACON PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
36	U70109MH2007PTC173571	Lodha Infrabuild and Farms Private Limited	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
37	U45202MH2008PTC178024	Lodha Infravision Buildtech Private Limited	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
38	U70109MH2007PTC173498	Sheetalnath Constructions and Agro Private Limited	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
39	U45201MH2006PTC166487	SHANTINATH RESIDENTIAL PARADISE PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
40	U45200MH2007PTC168406	SHALIBHADRA REALTOR AND FARMS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
41	U70109MH2007PTC173495	Pleasant Reality and Farms Private Limited	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
42	U45202MH2008PTC177508	Navnath Builders And Developers Private Limited	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
43	U45400MH2007PTC169351	MAHAVIR COUNTRY HOUSE PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
44	U70109MH2007PTC166916	MAA PADMAVATI REAL ESTATE DEVELOPERS AND FARMS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
45	U45200MH2007PTC168734	LODHA TRANSPARENT HI-TECH DEVELOPERS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
46	U70102MH2007PTC173531	Infratech Reality and Farms Private Limited	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
47	U45200MH2007PTC168984	LODHA AUTHENTICITY BUILDERS AND CONSULTANTS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
48	U45200MH2007PTC168703	LODHA ATTENTION BUILDERS AND FARMS PRIVATE LIMITED.	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
49	U45201MH2007PTC166676	LODHA BUILDWELL PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
50	U45200MH2008PTC177476	Lodha Infradevelopers Private Limited	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
51	U70101MH2007PTC168434	SIDDHESHWAR REAL ESTATE DEVELOPERS AND AGROFARMS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
52	U45300MH2007PTC173805	Chandraprabha Realty and Farms Private Limited	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
53	U45200MH2007PTC168879	LODHA OBSTINATE REAL ESTATE DEVELOPERS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
54	U45400MH2007PTC169358	LODHA VILLAS PRIVATE LIMITED	Additional director	04/03/2011	04/03/2011	-	Strike off	NO
55	U70109MH2007PTC173497	SAMBHAVNATH REALITY AND FARMS PRIVATE LIMITED	Director	30/09/2011	04/03/2011	15/01/2013	Active	NO
56	U65923MH2008PTC178844	Sai Ishwer Finvest Private Limited	Nominee director	30/09/2011	14/04/2011	02/09/2013	Active	NO
57	U45200MH2007PTC168913	LODHA HEALTHY CONSTRUCTIONS AND DEVELOPERS PRIVATE LIMITED	Nominee director	30/03/2012	31/05/2011	15/01/2013	Active	NO
58	U45201MH2007PTC166668	JAY MA DURGA BUILDTECH PRIVATE LIMITED	Additional director	10/10/2011	10/10/2011	01/03/2012	Active	NO
59	U45200MH2008PTC177494	Sarvavasa Buildtech & Farms Private Limited	Nominee director	24/09/2013	10/10/2011	04/10/2013	Active	NO
60	U74900MH2012PTC226924	JVP PALAZZO PRIVATE LIMITED	Director	14/02/2012	14/02/2012	17/02/2012	Active	NO
61	U80904MH2012NPL233845	LODHA KNOWLEDGE FOUNDATION	Director	26/07/2012	26/07/2012	15/01/2013	Active	NO
62	U45202MH2009PTC192088	PROFICIENT BUILDWELL PRIVATE LIMITED	Nominee director	27/09/2012	01/08/2012	04/10/2013	Active	NO
63	U74999DL2005PTC135519	JAWALA REAL ESTATE PRIVATE LIMITED	Additional director	31/10/2012	31/10/2012	20/01/2013	Active	NO
64	U45201MH2006PTC166591	FutureTech Constructions & Precast Private Limited	Additional director	15/01/2013	15/01/2013	01/03/2013	Active	NO
65	U70101MH1994PTC081108	MACROTECH CONSTRUCTIONS PRIVATE LIMITED	Nominee director	12/08/2013	15/01/2013	04/10/2013	Amalgamated	NO
66	U74120MH2013NPL249849	PALAVA CITY MANAGEMENT ASSOCIATION	Director	06/11/2013	06/11/2013	-	Active	NO
67	AAA-5637	LODHA FINCORP DISTRIBUTION SERVICES LLP	Body corporate as Designated Partner	18/11/2011	18/11/2011	10/01/2013	Active	NO
68	AAA-5751	LODHA SHREE KRISHNA REALTORS LLP	Body corporate as Designated Partner	12/03/2012	12/03/2012	16/07/2013	Active	NO
69	AAA-5752	LODHA PLAZA LLP	Body corporate as Designated Partner	12/03/2012	12/03/2012	16/07/2013	Active	NO
70	AAA-6450	LODHA DWELLERZ LLP	Body corporate as Designated Partner	05/11/2011	05/11/2011	-	Active	NO
71	AAA-6497	AJEETHNATH HI-TECH BUILDTECH LLP	Body corporate as Designated Partner	05/11/2011	05/11/2011	-	Active	NO
72	AAC-7274	AARNAV MANAGEMENT ADVISORS LLP	Designated Partner	17/09/2014	17/09/2014	-	Active	NO

Name :

Mr. Pramod Kumar Kathuria

Designation :

Nominee Director

Address :

A-301, Krishna Society, Shantivan Complex, Borivili East, Mumbai - 400066, Maharashtra, India

Date of Birth/Age :

29.11.1975

Date of Appointment :

17.01.2013

DIN No.:

03197953

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	U45201MH2006PTC163751	LODHA PROPERTIES DEVELOPMENT PRIVATE LIMITED	Director	31/03/2012	02/08/2010	04/10/2013	Active	NO
2	U45201MH2007PTC173532	Infratech Builders and Agro Private Limited	Nominee director	20/08/2010	02/08/2010	-	Amalgamated	NO
3	U70100MH2005PTC155012	GALAXY PREMISES PRIVATE LIMITED	Nominee director	23/08/2010	02/08/2010	15/01/2013	Active	NO
4	U01407MH2007PTC173463	Dharmanath Infra and Agro Private Limited	Nominee director	21/08/2010	02/08/2010	01/10/2010	Strike off	NO
5	U70102MH2007PTC169350	AASTHAVINAYAK ESTATE COMPANY PRIVATE LIMITED	Nominee director	24/08/2010	02/08/2010	15/01/2013	Active	NO
6	U45200MH2007PTC168979	LODHA ACHIEVER BUILDCON AND FARMS PRIVATE LIMITED.	Nominee director	24/08/2010	02/08/2010	01/10/2010	Active	NO
7	U45200MH2007PTC168950	LODHA ATTENTIVE DEVELOPERS AND FARMS PRIVATE LIMITED	Nominee director	21/08/2010	02/08/2010	15/01/2013	Active	NO
8	U70102MH2007PTC168252	SHRI NAKODA BHIRAV REALTORS PRIVATE LIMITED	Nominee director	24/08/2010	02/08/2010	15/01/2013	Active	NO
9	U45201MH2007PTC166670	LODHA PINNACLE BUILDTECH AND FARMS PRIVATE LIMITED	Nominee director	24/08/2010	02/08/2010	15/01/2013	Active	NO
10	U45201MH2006PTC166591	FutureTech Constructions & Precast Private Limited	Nominee director	24/08/2010	02/08/2010	01/10/2010	Active	NO
11	U45201MH2006PTC163909	LODHA LAND DEVELOPERS PRIVATE LIMITED	Nominee director	20/08/2010	02/08/2010	15/01/2013	Active	NO
12	U45200MH2002PTC137895	MAHAVIR PREMISES PRIVATE LIMITED	Nominee director	20/08/2010	02/08/2010	15/01/2013	Active	NO
13	U45200MH1996PTC100732	LODHA CONSTRUCTION PRIVATE LIMITED	Nominee director	23/08/2010	02/08/2010	01/10/2010	Active	NO
14	U45200MH2007PTC169572	LODHA ANTIQUE BUILDTECH AND FARMS PRIVATE LIMITED.	Nominee director	24/08/2010	02/08/2010	01/10/2010	Active	NO
15	U70104MH1935PLC002249	SHREENIWAS COTTON MILLS LIMITED	Nominee director	27/09/2013	02/08/2010	-	Active	NO
16	U72200MH2006PTC160863	Nabhiraja Software Design Private Limited	Nominee director	30/09/2011	01/04/2011	15/01/2013	Active	NO
17	U70100MH1954PTC009423	SITALDAS ESTATE PRIVATE LIMITED	Nominee director	29/09/2011	15/06/2011	15/01/2013	Active	NO
18	U70100MH1985PTC038213	COWTOWN LAND DEVELOPMENT PRIVATE LIMITED	Nominee director	30/09/2011	15/06/2011	15/01/2013	Active	NO
19	U45201MH2007PTC166673	LODHA HI-RISE BUILDERS PRIVATE LIMITED	Nominee director	30/09/2011	15/06/2011	15/01/2013	Active	NO
20	U45201MH2006PTC166482	AJITNATH HI-TECH BUILDERS PRIVATE LIMITED	Nominee director	29/09/2011	15/06/2011	15/01/2013	Active	NO
21	U99999MH1994PTC076937	LODHA ESTATE P.LTD.	Nominee director	29/09/2011	15/06/2011	15/01/2013	Active	NO
22	U45201MH2006PTC163928	LODHA HOME DEVELOPERS PRIVATE LIMITED	Nominee director	29/09/2011	29/06/2011	15/01/2013	Active	NO
23	U45400MH2007PTC169315	Samvara Buildtech Private Limited	Nominee director	28/09/2012	31/07/2012	15/01/2013	Active	NO
24	U45201MH2006PTC164295	ADINATH BUILDERS PRIVATE LIMITED	Nominee director	27/09/2013	01/02/2013	04/10/2013	Active	NO
25	U70101MH1994PTC081108	MACROTECH CONSTRUCTIONS PRIVATE LIMITED	Additional director	04/02/2014	04/02/2014	-	Amalgamated	NO

Name :

Mr. Rajeev Kumar

Designation :

Alternate Director

Address :

Flat No.302, Preeti Building, Doctor Co-Op.Hsg, Society Ltd., K.C. Marg, Bandra Reclamation, Bandra West, Mumbai - 400050, Maharashtra, India

Date of Birth/Age :

18.02.1980

Date of Appointment :

11.11.2014

DIN No.:

03225780

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	U70104MH1935PLC002249	SHREENIWAS COTTON MILLS LIMITED	Alternate director	11/11/2014	20/09/2010	-	Active	NO
2	U04520GJ2005PTC073518	UDHAY-JVG REALTY PRIVATE LIMITED	Additional director	21/12/2011	21/12/2011	27/12/2011	Amalgamated	NO
3	U04520GJ2005PTC072046	UDHAY-VJ REALTY PRIVATE LIMITED	Additional director	21/12/2011	21/12/2011	27/12/2011	Active	NO

Name :

Mr. Deepak Balvant Chitnis

Designation :

Additional Director

Address :

Flat-901,9th Floor, Grandis Bldg, Lodha Aurum,, Nr Crompton And Greaves, Kanjumarg East, Mumbai, 400042, Maharashtra, India

Date of Birth/Age :

25.02.1963

Date of Appointment :

14.04.2014

DIN No.:

06711033

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	U70101MH2011PTC218789	LODHA PRANIK LANDMARK DEVELOPERS PRIVATE LIMITED	Additional director	10/10/2013	10/10/2013	17/01/2014	Active	NO
2	U45200MH1988PTC048628	ARIHANT PREMISES PRIVATE LIMITED	Nominee director	30/09/2014	24/02/2014	-	Active	NO
3	U70104MH1935PLC002249	SHREENIWAS COTTON MILLS LIMITED	Additional director	14/04/2014	14/04/2014	-	Active	NO
4	L27109WB1962PLC025605	NATIONAL STANDARD (INDIA) LIMITED	Director	17/09/2014	24/04/2014	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Anshu Arvind Agarwal
Designation :	Secretary
Address :	B.7, Vikas Housing Society, Ramchandra Lane, Near Witty Kids High School, Malad, Mumbai - 400064, Maharashtra, India
Date of Birth/Age :	01.11.1976
Date of Appointment :	01.07.2014
PAN No.:	ACPPM0083J

MAJOR SHAREHOLDERS

As on 27.09.2013

SHAREHOLDING DETAILS FILE ATTACHED.

Equity Share Break up (Percentage of Total Equity)

As on 27.09.2013

Category	Percentage
Nationalized or other banks	0.01
Foreign holdings( Foreign institutional investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s) or Overseas Corporate bodies or Others	0.01
Bodies corporate	99.19
Other top fifty shareholders	0.40
Others	0.39
Total	100.00

BUSINESS DETAILS

Line of Business :

The Company is engaged in developing, constructing residential and commercial properties and selling the immovable properties.

Products :

Product Description	Item Code No. (ITC Code)
Multi-dwelling residential buildings n.e.c.	99531129

Brand Names :

--

Agencies Held :

--

Exports :

Not Divulged

Imports :

Not Divulged

Terms :

Selling :

Not Divulged

Purchasing :

Not Divulged

PRODUCTION STATUS – NOT APPLICABLE

GENERAL INFORMATION

Suppliers :

Not Divulged

Customers :

Not Divulged

No. of Employees :

Information denied by management

Bankers :

Punjab and Sind Bank, J K Somani Building, British Hotel Lane, Fort, Mumbai 400023, Maharashtra, India

Facilities :

SECURED LOANS	31.03.2013 Rs. In Millions	31.03.2012 Rs. In Millions
SHORT TERM BORROWINGS
Term Loan from Banks	8580.672	720.000
Cash Credit Facility from Banks	146.260	145.650
Total	8726.932	865.650

Banking Relations :	--
Financial Institutions :	· STCI Finance Limited, A/B 1-802, A Wing 8th Floor, Marathon Innova, Marathon Nextgen Compound, Off. G.K. Marg,, Lower Parel West Mumbai - 400013, Maharashtra, India · IDBI Trusteeship Services Limited, Asian Building, Ground Floor, 17, R.Kamani Marg, Ballard Estate, Mumbai - 400001, Maharashtra, India · PNB Housing Finance Limited, B 9th Floor, Antriksh Bhawan, 22 K G Marg, New Delhi - 110001, India
Auditors :
Name :	Shaker and Kapani Chartered Accountant
Address :	Shanker and Kapani, NTC House, 2nd Floor, 15, Narottam Morarjee Marg, Ballard Estate, Mumbai 400038, Maharashtra, India
PAN No.:	AAKFS6521L
Memberships :	--
Collaborators :	--
Holding Company :	· Adinath Builders Private Limited
Ultimate Holding Company :	· Lodha Developers Private Limited (Formerly known as Lodha Developers Limited.)
Subsidiary :	· Kidderpore Holdings Limited
Fellow Subsidiaries :	· Aasthavinayak Estate Company Private Limited · Aasthavinayak Real Estate Private Limited · Ajitnath Hi Tech Builders Private Limited · Anantnath Constructions and Farms Private Limited · Arihant Premises Private Limited · Chetna Infracon Private Limited · Cowtown Land Development Private Limited · Galaxy Premises Private Limited · Gandhar Builders Private Limited · Hi-class Buildcon Private Limited · Hotel Rahat Palace Private Limited · International Airport Builders and Management Services · Private Limited · Lodha Attentive Developers and Farms Private Limited · Lodha Buildcon Private Limited · Lodha Building and Construction Private Limited · Lodha Crown Buildmart Private Limited · Lodha Designer Construction Private Limited · Lodha Developers UK Limited. · Lodha Dwellers Private Limited · Lodha Elevation Buildcon Private Limited · Lodha Estate Private Limited · Lodha Glowing Construction Private Limited · Lodha Hi?Rise Builders Private Limited · Lodha Home Developers Private Limited · Lodha Home Finance Limited. · Lodha Home Styles Private Limited · Lodha Impression Real Estate Private Limited · Lodha Land Developers Private Limited · Lodha Novel Buildfarms Private Limited · Lodha Pinnacle Buildtech and Farms Private Limited · Lodha Prime Buildfarms Private Limited · Macrotech Constructions Private Limited · Mahavir Build Estate Private Limited · Mahavir Premises Private Limited · Microtec Constructions Private Limited · Nabhiraja Software Design Private Limited (Formerly known as Ma Padmavati Software Design Private Limited) · Naminath Builders and Farms Private Limited · National Standard (India) Limited. · Odeon Theatres and Properties Private Limited · Palava Utilities Private Limited · Sahajanand Hi-Tech Constructions Private Limited · Sai Ishwer Finvest Private Limited · Samvara Buildtech Private Limited (Formerly known as Maa · Padmavati Buildtech Private Limited) · Sanathnagar Enterprises Limited. · Sarvavasa Buildtech and Farms Private Limited (Formerly known as Padmavati Buildtech and Farms Private Limited) · Shantinath Designer Construction Private Limited · Shri Kailash Properties and Agrofarms Private Limited · Shri NakodaBhiravRealtors Private Limited · Shri Vardhvinayak Builders Private Limited · Siddhnath Residential Paradise Private Limited · Simtools Private Limited · Sitaldas Estate Private Limited · Suryakrupa Farms and Constructions Private Limited
Limited Liability Partnerships under control :	· Ajeethnath Hi Tech Buildtech LLP · Lodha Dwellerz LLP · Lodha Fincorp Distribution Services LLP
Partnership Firms under control :	· Lodha Construction (Dombivli) · Lodha Palazzo · Mahavir Associates · Shree Sainath Enterprises · Vivek Enterprises
Others - Enterprises owned by controlling shareholder or his relatives (with whom the company had transactions):	· Dharmanath Buildtech and Farms Private Limited · Lodha Facilities Management Limited. · Lodha Family Discretionary Trust · Lodha Healthy Constructions and Developers Private Limited · Lodha Pranik Landmark Developers Private Limited
Entities added during the year :	· Dalhousie Leasing and Financial Services Private Limited (20th November, 2012) · Jawala Real Estate Private Limited (31st October, 2012) · Krona Realties Private Limited (27th December, 2012) · Manan Finserve Private Limited (4th January, 2013) · Proficient Buildwell Private Limited (1st August, 2012) · Shreeniwas Abode and House Private Limited (1st January, 2013)
	·
Entities ceased / Struck off during the year	· FutureTech Constructions and Precast Private Limited (Formerly known as Bahubali Real Estate and Precast Private Limited) (28th February, 2013) · Hi-class Developers Private Limited (6th September, 2012) · Kundan Realtors Private Limited (27th March, 2013) · Lodha Pranik Landmark Developers Private Limited (3rd August, 2012) · Lodha Ultimate Buildtech and Farms Private Limited (24th August, 2012)

CAPITAL STRUCTURE

As on 27.09.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
2240000	Equity Shares	Rs.100 each	Rs.224.000 Millions
10000	Preference Shares	Rs.100 each	Rs.1.000 Million
	Total		Rs.225.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
990026	Equity Shares	Rs.100 each	Rs.99.002 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	99.003	99.003
(b) Reserves & Surplus	3,153.832	1,712.278
(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)	3,252.835	1,811.281
(3) Non-Current Liabilities
(a) long-term borrowings	0.000	0.000
(b) Deferred tax liabilities (Net)	145.881	29.757
(c) Other long term liabilities	73.991	16.239
(d) long-term provisions	4.428	0.000
Total Non-current Liabilities (3)	224.300	45.996
(4) Current Liabilities
(a) Short term borrowings	14,564.103	6,800.267
(b) Trade payables	585.718	452.205
(c) Other current liabilities	6,327.869	6,879.552
(d) Short-term provisions	414.499	95.332
Total Current Liabilities (4)	21,892.189	14,227.356
TOTAL	25,369.324	16,084.633
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	684.048	134.413
(ii) Intangible Assets	4.428	4.559
(iii) Capital work-in-progress	0.000	376.288
(iv) Intangible assets under development	0.000	0.000
(b) Non-current Investments	266.056	3,500.256
(c) Deferred tax assets (net)	0.000	0.000
(d) Long-term Loan and Advances	2.861	30.981
(e) Other Non-current assets	0.000	0.000
Total Non-Current Assets	957.393	4,046.497
(2) Current assets
(a) Current investments	0.000	0.000
(b) Inventories	10,387.752	10,476.795
(c) Trade receivables	328.341	103.980
(d) Cash and cash equivalents	742.881	120.914
(e) Short-term loans and advances	12,120.668	1,299.940
(f) Other current assets	832.289	36.507
Total Current Assets	24,411.931	12,038.136
TOTAL	25,369.324	16,084.633

SOURCES OF FUNDS		31.03.2011
SHAREHOLDERS FUNDS
1] Share Capital		99.002
2] Share Application Money		0.000
3] Reserves & Surplus		1673.179
4] (Accumulated Losses)		(396.284)
NETWORTH		1375.897
LOAN FUNDS
1] Secured Loans		860.046
2] Unsecured Loans		4998.818
TOTAL BORROWING		5858.864
DEFERRED TAX LIABILITIES		0.000
TOTAL		7234.761
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		30.493
Capital work-in-progress		192.284
INVESTMENT		0.719
DEFERREX TAX ASSETS		129.381
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	8218.145
	Sundry Debtors	77.729
	Cash & Bank Balances	46.314
	Other Current Assets	0.000
	Loans & Advances	4196.219
Total Current Assets		12538.407
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	591.031
	Other Current Liabilities	5065.492
	Provisions	0.000
Total Current Liabilities		5656.523
Net Current Assets		6881.884
MISCELLANEOUS EXPENSES		0.000
TOTAL		7234.761

PROFIT & LOSS ACCOUNT

	PARTICULARS			31.03.2013	31.03.2012	31.03.2011
	SALES
		Income		6,949.278	1,630.718	342.935
		Other Income		1,039.520	42.690	0.117
		TOTAL (A)		7,988.798	1,673.408	343.052
Less	EXPENSES
		Cost of Materials Consumed		3,774.292	2,903.862	4,103.376
		Purchase of Stock-in-trade		0.000	11.389	0.000
		Changes in Inventories of finished goods, work-in-progress and stock-in-trade		124.750	(2,259.206)	(3,872.828)
		Employee Benefits Expenses		155.169	0.000	0.000
		Other Expenses		553.700	245.722	274.978
		TOTAL (B)		4,607.911	901.767	505.526
	PROFIT/(LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)			3,380.887	771.641	(162.474)
Less	FINANCIAL EXPENSES (D)			1,142.264	67.580	187.993
	PROFIT/(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)			2,238.623	704.061	(350.467)
Less	DEPRECIATION/ AMORTISATION (F)			31.208	13.557	3.669
	PROFIT/(LOSS) BEFORE TAX (E-F) (G)			2,207.415	690.504	(354.136)
Less	TAX (H)			765.861	255.120	(128.028)
	PROFIT/(LOSS) AFTER TAX (G-H) (I)			1,441.554	435.384	(226.108)
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD			39.099	(396.285)	(170.177)
	BALANCE CARRIED TO THE B/S			1480.653	39.099	(396.285)
	EARNINGS IN FOREIGN CURRENCY
			Other Income	16.524	33.828	4669.339
	TOTAL EARNINGS			16.524	33.828	4669.339
	IMPORTS
			Raw Materials	0.000	28.574	0.000
			Capital Goods	32.985	73.608	11.625
	TOTAL IMPORTS			32.985	102.182	11.625
	Earnings / (Loss) Per Share (Rs.)			1456.08	439.77	(228.39)

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
Net Profit Margin (PAT/Sales)	(%)	20.74	26.70	(65.93)
Operating Profit Margin (PBIDT/Sales)	(%)	48.65	47.32	(47.38)
Return on Total Assets (PBT/Total Assets}	(%)	8.79	5.66	(2.82)
Return on Investment (ROI) (PBT/Networth)		0.68	0.38	(0.26)
Debt Equity Ratio (Total Debt /Networth)		4.48	3.75	4.26
Current Ratio (Current Asset/Current Liability)		1.12	0.85	2.22

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	99.002	99.003	99.003
Reserves & Surplus	1276.895	1712.278	3153.832
Money received against share warrants	0.000	0.000	0.000
Share Application money pending allotment	0.000	0.000	0.000
Net worth	1375.897	1811.281	3252.835
Total borrowings	5858.864	6800.267	14564.103
Debt/Equity ratio	4.258	3.754	4.477

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	342.935	1,630.718	6,949.278
		375.518	326.148

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	342.935	1,630.718	6,949.278
Profit	(226.108)	435.384	1,441.554
	(65.93%)	26.70%	20.74%

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	Yes
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

LITIGATION DETAILS

Case Details
Bench:- Bombay
Lodging No.:-	SL/2247/2012	Filing Date:-	22/08/2012	Reg. No.:-	S/2375/2012	Reg. Date:-	26/09/2012
Petitioner:-	ZIM INTEGRATED SHIPPING SERVICES LIMITED		Respondent:-	SHREENIWAS COTTON MILLS LIMITED
Petn.Adv:-	MULLA AND MULLA AND C.B. AND C (0)		Resp. Adv.:	WADIA GHANDY AND COMPANY (628)
District:-	MUMBAI
Bench:-	SINGLE
Status:-	Pre-Admission		Category:-	MONETARY SUITS
Last Date:-	10/12/2012		Stage:-	FOR DIRECTION [ORIGINAL SIDE MATTERS]
Last Coram:-	HON'BLE SHRI JUSTICE S.J. KATHAWALLA
Act :-	Code of Civil Procedure 1908

UNSECURED LOANS:

Particulars	31.03.2013 Rs. In Millions	31.03.2012 Rs. In Millions
SHORT TERM BORROWINGS
Debentures (4998818300 14.75% Compulsory Convertible Debentures of Rs.1 each)	4998.818	4998.818
Loans From Related Parties	838.353	935.799
Total	5837.171	5934.617

FINANCIAL OVERVIEW

The Company’s total income has substantially increased from Rs.1632.536 Millions in the financial year 2011-12 to Rs.7009.375 Millions in the financial year 2012-13, mainly due to revenue recognition from one of the real estate projects of the Company. Correspondingly, there has also been a significant increase in Company’s total expenditure from Rs.942.032 Millions for the financial year 2011-12 to Rs.4801.960 Millions for the financial year 2012-13, mainly on account of increase in project related expenses. The Company has also incurred an amount of Rs.9.372 Millions towards purchase of raw materials for the spinning unit. The Company has witnessed Net Profit of Rs.1441.554 Millions for the financial year, in comparison to the Net Profit of Rs.435.384 Millions for the previous financial year.

MUMBAI REAL ESTATE

With developers getting clarifications about amendments on Development Control Regulation (DCR) of Greater Mumbai, there has been a number of launches in the market. Most of the launches have been at a discount to the average market prices to attract volumes. New product launches at attractive prices with discounts and schemes have attracted buyers and resulted in a pick-up of sales during the year. The Mumbai residential market has been able to maintain the price strength despite a number of launches due to the strong and consistent demand. The city realty scenario is interestingly poised post clarity on new DCR rules emerging in the last couple of quarters. A number of projects which were stuck up at the approval stage in the last year are likely to be cleared, paving way for a large number of launches hitting the market.

Despite the recent pick up in absorption in the last two quarters, the Mumbai office absorption for FY13 was lower by 30% than in FY12.

Uncertain economic environment has continued leading to reduced employment growth and therefore lower the fresh commercial property absorption. The tighter lending standards for commercial construction have not helped either. On the brighter note these market conditions continue to favour tenants in most of Mumbai’s micro-markets by ways of a larger bunch of options, rational pricing and various concessions. The real estate market conditions are optimal for consolidation and relocation and many Mumbai-based occupiers will avail of this option throughout FY14.

BUSINESS OVERVIEW

The Company has planned a large residential cum office development in Upper Worli which includes two ongoing super luxury towers World One and World Crest. Catering to the super-luxury segment, World One at Lodha Place is slated to be the tallest residential structure in the World. The other tower launched at Lodha Place is World Crest which is again a super-luxury tower. The Company is partnering with legendary names like Pei Cobb Freed & Partners (Architecture), Ken Smith (Landscape), Six Senses (Club & Spa), Quintessentially (Concierge) and Casa Armani (Interior Design) to create India most premium project.

Apart from its real estate endeavour, the Company had invested significant resources over the span of two years to revive its textile mill operations. During the year, the production of cotton yarn has commenced and revenue from sales has started to flow to the Company. Although the production and sales have been slow, the Company is continuously gaining expertise in this field and is hopeful of success in the near future.

INDEX OF CHARGE:

Sr. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10451470	27/09/2013	600,000,000.00	STCI Finance Limited	A/B 1-802, A Wing 8th Floor, Marathon Innova, Marathon Nextgen Compound, Off. G.K. Marg,, Lower Parel West Mumbai, Maharashtra - 400013, India	B85916260
2	10422076	18/04/2014 *	142,440,577.00	PNB Housing Finance Limited	Pnb Housing Finance Limited, 22 K G Marg, New Delhi, Delhi - 110001, India	C03419967
3	10253018	28/05/2013 *	16,150,000,000.00	IDBI Trusteeship Services Limited	Asian Bldg., Ground Floor, 17, R.Kamani Marg,, Ba Llard Estate,, Mumbai, Maharashtra - 400001, India	B76380559

*Date of modification Charges

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.61.85
UK Pound	1	Rs.97.01
Euro	1	Rs.77.62

INFORMATION DETAILS

Information Gathered by :	PRT
Analysis Done by :	RAS
Report Prepared by :	VNT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILIRY	1~10	4
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	4
--CREDIT LINES	1~10	4
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	YES
--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		33

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.