MIRA INFORM REPORT

Report No. :	336310
Report Date :	13.08.2015

IDENTIFICATION DETAILS

Name :	KARTAVYA UDYOG VINIYOG LIMITED (w.e.f.22.05.2014)
Formerly Known As :	KANISK UDYOG VINIYOG LIMITED
Registered Office :	196/C, C.R Avenue, Kolkata - 700007, West Bengal
Tel. No.:	91-33-32627275
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	26.06.1981
Com. Reg. No.:	21-033821
Capital Investment / Paid-up Capital :	Rs. 34.800 Million
CIN No.: [Company Identification No.]	L65910WB1981PLC033821
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	Not Available
Legal Form :	A Public Limited Liability Company. The Company’s Shares are Listed on the Stock Exchanges. (Listed on Calcutta Stock Exchange Limited)
Line of Business :	Subject is engaged in Financing and Investing Activities.
No. of Employees :	Information declined by the management

RATING & COMMENTS

MIRA’s Rating :

Ca (11)

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Moderate
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is a limited company incorporated in the year 1981 with the name of “KANISH UDYOG VINIYOG LIMITED” and on 22th May 2014 name of the company has changed to “KARTAVYA UDYOG VINIYOG LIMITED”. Company has not carried any business activities since 2012 as per the available financial. Further management denied to provide any information about the subject to us. However, as per profit and loss account 2014, company has recorded some revenue from operations, which includes income from currency and income from investment, as per schedules. However, Business is active as per the status shown in registrar of the company. The company can be considered for business dealings with fully safe and secured trade terms and conditions.

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – March 31, 2015

Country Name	Previous Rating (31.12.2014)	Current Rating (31.03.2015)
India	A1	A1

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

EXTERNAL AGENCY RATING

Rating Agency Name	Not Available
Rating	Not Available
Rating Explanation	Not Available
Date	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 31-03-2013.

INFORMATION DENIED

Management non co-operative

LOCATIONS

Registered Office :	196/C, C.R Avenue, Kolkata - 700007, West Bengal, India
Tel. No.:	91-33-32627275
Fax No.:	Not Available
E-Mail :	kaniskudyog@gmail.com info@kartavya.info
Website :	www.kartavya.info

DIRECTORS

As on 30.06.2014

Name :

Vinita Agarwal

Designation :

Director

Address :

6, Ramanath Sadhu Lane, Ps, Girish Park, Kolkata - 700007, West Bengal, India

Date of Birth/Age :

10.12.1993

Date of Appointment :

30.06.2014

DIN No.:

06948417

Name :

Mr. Raj Kumar Sharma

Designation :

Director

Address :

9/1a, Ramnath Sadhu Lane, Kolkata - 700007, West Bengal, India

Date of Birth/Age :

06.09.1976

Date of Appointment :

30.06.2014

DIN No.:

00470433

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	U51109WB2005PTC103646	BROWN VINIMAY PRIVATE LIMITED	Director	15/07/2005	15/07/2005	28/10/2011	Active	NO
2	U52599WB2007PTC113754	JAGDAMBA TIE UP PRIVATE LIMITED	Director	28/02/2007	28/02/2007	06/04/2012	Under Process of Striking off	NO
3	U60100WB2004PTC100791	KUNDU TRANSPORT PRIVATE LIMITED	Director	26/09/2007	26/09/2007	-	Amalgamated	NO
4	U63090WB2008PTC123006	TRIVENI ROADWAYS PRIVATE LIMITED	Director	25/02/2008	25/02/2008	14/11/2011	Active	NO
5	U51909WB2008PTC123058	ISHWAR COMMERCIAL PRIVATE LIMITED	Director	25/02/2008	25/02/2008	-	Active	NO
6	U51909WB2008PTC129503	BHAGIRATHI NIRMAN PRIVATE LIMITED	Director	22/09/2008	22/09/2008	06/06/2011	Active	NO
7	U51909CT2009PTC001668	SHASHVAT RETAIL PRIVATE LIMITED	Director	02/01/2009	02/01/2009	04/06/2011	Active	NO
8	U51909CT2009PTC001669	SATVIK RETAIL PRIVATE LIMITED	Director	02/01/2009	02/01/2009	04/06/2011	Active	NO
9	U51909WB2009PTC131649	ARJIT COMMERCIAL PRIVATE LIMITED	Director	02/01/2009	02/01/2009	29/06/2011	Active	NO
10	U74999WB2009PTC137497	EVEREST INFONET PRIVATE LIMITED	Director	05/08/2009	05/08/2009	16/11/2010	Active	NO
11	U74900WB2010PTC146165	ETERNITY VANIJYA PRIVATE LIMITED	Director	28/04/2010	28/04/2010	30/06/2014	Active	NO
12	U74900WB2010PTC146097	KIMAYA SUPPLIERS PRIVATE LIMITED	Director	28/04/2010	28/04/2010	-	Active	NO
13	U52100WB2010PTC147132	MANDHANA TIE-UP PRIVATE LIMITED	Director	08/05/2010	08/05/2010	28/05/2014	Active	NO
14	U52190WB2010PTC154778	KAMYABI DEALTRADE PRIVATE LIMITED	Director	19/11/2010	19/11/2010	-	Active	NO
15	U52100WB2010PTC154794	BLISS COMMOSALE PRIVATE LIMITED	Director	20/11/2010	20/11/2010	-	Active	NO
16	U52190WB2010PTC155469	UTKARSH DEALTRADE PRIVATE LIMITED	Director	07/12/2010	07/12/2010	20/10/2014	Active	NO
17	U74900WB2011PTC158425	ANNAPURNA DEALMARK PRIVATE LIMITED	Director	02/02/2011	02/02/2011	-	Active	NO
18	L74210WB1982PLC035117	HALDER VENTURE LIMITED	Director	05/04/2011	05/04/2011	30/03/2015	Active	NO
19	U74999WB2011PTC164131	JAISHREE SHYAM IMPEX PRIVATE LIMITED	Director	24/06/2011	24/06/2011	16/05/2013	Active	NO
20	U74999WB2011PTC164127	SHUCHI DEALMARK PRIVATE LIMITED	Director	24/06/2011	24/06/2011	-	Active	NO
21	U74999WB2011PTC164124	VRITTI DEALMARK PRIVATE LIMITED	Director	24/06/2011	24/06/2011	-	Active	NO
22	U51909WB2007PTC113098	KUNDAN COMMODITIES PRIVATE LIMITED	Director	05/08/2011	05/08/2011	-	Active	NO
23	U52190WB2012PTC176066	DEBDARU COMMOSALE PRIVATE LIMITED	Director	19/03/2012	19/03/2012	-	Active	NO
24	U52590WB2012PTC178378	ANUNEET DEALMARK PRIVATE LIMITED	Director	28/03/2012	28/03/2012	21/08/2014	Active	NO
25	U50102WB2012PTC180299	DEEPESH COMMOTRADE PRIVATE LIMITED	Director	13/04/2012	13/04/2012	-	Active	NO
26	U52190WB2012PTC181897	KAIRAVI COMMOSALE PRIVATE LIMITED	Director	18/05/2012	18/05/2012	20/10/2014	Active	NO
27	U52190WB2012PTC181980	OGAN VINCOM PRIVATE LIMITED	Director	22/05/2012	22/05/2012	20/10/2014	Active	NO
28	U50102WB2014PTC200948	GAJRUP MANAGEMENT PRIVATE LIMITED	Director	13/03/2014	13/03/2014	-	Active	NO
29	U50102WB2014PTC200947	DHANSUBH EXIM PRIVATE LIMITED	Director	13/03/2014	13/03/2014	-	Active	NO
30	U50102WB2014PTC200941	BHOOTESHWAR BARTER PRIVATE LIMITED	Director	13/03/2014	13/03/2014	-	Active	NO
31	U50102WB2014PTC200940	BRIGHTFUL RETAILERS PRIVATE LIMITED	Director	13/03/2014	13/03/2014	-	Active	NO
32	U50102WB2014PTC200939	NISHDIN VINTRADE PRIVATE LIMITED	Director	13/03/2014	13/03/2014	-	Active	NO
33	L65910WB1981PLC033821	KARTAVYA UDYOG VINIYOG LIMITED	Director	30/06/2014	30/06/2014	-	Active	NO
34	U51909WB1994PTC066306	GAGANBASE VINCOM PVT LTD	Additional director	10/12/2014	10/12/2014	-	Active	NO

Name :

Mr. Ashish Trivedi

Designation :

Managing Director

Address :

A/5, Rajarhat Road, Kolkata -700059, West Bengal, India

Date of Birth/Age :

16.08.1978

Date of Appointment :

29.09.2000

DIN No.:

00402252

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	L65910WB1981PLC033821	KARTAVYA UDYOG VINIYOG LIMITED	Managing director	01/07/2014	29/09/2000	-	Active	NO
2	U51109WB2005PTC105497	VALLEY VINIMAY PRIVATE LIMITED	Director	10/02/2006	10/02/2006	27/01/2010	Active	NO
3	U51909CT2007PTC001676	SHIV SHAKTI VANIJYA PRIVATE LIMITED	Director	22/01/2007	22/01/2007	06/06/2011	Active	NO
4	U51109WB2007PTC113665	OMKAR MERCANTILE PRIVATE LIMITED	Director	23/02/2007	23/02/2007	01/03/2012	Active	NO
5	U51909WB2007PTC114540	SKETCH DEALCOM PRIVATE LIMITED	Director	30/03/2007	30/03/2007	-	Amalgamated	NO
6	U51909WB2008PTC123060	NAYAN IMPEX PRIVATE LIMITED	Director	25/02/2008	25/02/2008	15/06/2011	Active	NO
7	U51909WB2008PTC123042	UTSAV TRADELINK PRIVATE LIMITED	Director	25/02/2008	25/02/2008	30/08/2011	Active	NO
8	U60200CT2008PTC022630	YOGESH TRANSPORT PRIVATE LIMITED	Director	17/11/2008	17/11/2008	08/12/2008	Active	NO
9	U18100WB1991PLC141587	MANDHANA LEAFIN LIMITED	Director	19/01/2009	19/01/2009	23/04/2012	Active	NO
10	U52390CT2009PTC001649	ETERNITY COMMERCIAL PRIVATE LIMITED	Director	24/02/2009	24/02/2009	05/06/2014	Active	NO
11	U52190CT2009PTC001705	AVNI COMMERCIAL PRIVATE LIMITED	Director	24/02/2009	24/02/2009	03/06/2011	Active	NO
12	U74140CT2009PTC001656	CHITRAKOOT INFONET PRIVATE LIMITED	Director	24/02/2009	24/02/2009	05/06/2014	Active	NO
13	U51109WB2008PTC127141	RPS TRADECOM PRIVATE LIMITED	Director	02/06/2009	02/06/2009	28/10/2011	Active	NO
14	U45400WB2009PTC137501	SARVAJANA PROPERTIES PRIVATE LIMITED	Director	05/08/2009	05/08/2009	-	Active	NO
15	U51900MH2010PTC200322	GOPAL MERCHANTS PRIVATE LIMITED	Director	22/02/2010	22/02/2010	07/01/2011	Active	NO
16	U51909WB2010PTC142111	KUBER DEALTRADE PRIVATE LIMITED	Director	15/03/2010	15/03/2010	05/01/2015	Active	NO
17	U74900WB2010PTC144013	NAVIN TIE-UP PRIVATE LIMITED	Director	19/03/2010	19/03/2010	-	Active	NO
18	U74900MH2010PTC265921	KUNDAN TIE-UP PRIVATE LIMITED	Director	26/04/2010	26/04/2010	09/07/2015	Active	NO
19	U74120WB2010PTC146430	ADI TIE-UP PRIVATE LIMITED	Director	01/05/2010	01/05/2010	24/01/2012	Active	NO
20	U52190WB2010PTC146486	MANDHANA COMMOTRADE PRIVATE LIMITED	Director	03/05/2010	03/05/2010	-	Active	NO
21	U51101WB2010PTC147131	HORA DEALCOMM PRIVATE LIMITED	Director	08/05/2010	08/05/2010	10/03/2012	Active	NO
22	U50102WB2014PTC200939	NISHDIN VINTRADE PRIVATE LIMITED	Director	13/03/2014	13/03/2014	-	Active	NO
23	U50102WB2014PTC200948	GAJRUP MANAGEMENT PRIVATE LIMITED	Director	13/03/2014	13/03/2014	-	Active	NO
24	U50102WB2014PTC200947	DHANSUBH EXIM PRIVATE LIMITED	Director	13/03/2014	13/03/2014	-	Active	NO
25	U50102WB2014PTC200941	BHOOTESHWAR BARTER PRIVATE LIMITED	Director	13/03/2014	13/03/2014	-	Active	NO
26	U50102WB2014PTC200940	BRIGHTFUL RETAILERS PRIVATE LIMITED	Director	13/03/2014	13/03/2014	-	Active	NO

Name :

Mr. Om Prakash Trivedi

Designation :

Director

Address :

A/5, Rajarhat Road, Kolkata - 700059, West Bengal, India

Date of Birth/Age :

05.05.1951

Date of Appointment :

29.09.2000

DIN No.:

02658047

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	L65910WB1981PLC033821	KARTAVYA UDYOG VINIYOG LIMITED	Director	29/05/2015	29/09/2000	-	Active	NO
2	U74999WB2009PTC137497	EVEREST INFONET PRIVATE LIMITED	Director	05/08/2009	05/08/2009	16/11/2010	Active	NO
3	U74900WB2010PTC146097	KIMAYA SUPPLIERS PRIVATE LIMITED	Director	28/04/2010	28/04/2010	-	Active	NO
4	U74900WB2010PTC146165	ETERNITY VANIJYA PRIVATE LIMITED	Director	28/04/2010	28/04/2010	11/08/2014	Active	NO
5	U52100WB2010PTC147132	MANDHANA TIE-UP PRIVATE LIMITED	Director	08/05/2010	08/05/2010	22/06/2011	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.06.2014

SHAREHOLDING DETAILS FILE ATTACHED

Equity Share Break up (Percentage of Total Equity)

As on 30.06.2014

Category	Percentage
Bodies corporate	42.82
Directors or relatives of Directors	16.48
Other top fifty shareholders	40.70
Total	100.00

BUSINESS DETAILS

Line of Business :	Subject is engaged in Financing and Investing Activities.
Products :	Not Divulged
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Divulged
Imports :	Not Divulged
Terms :	Not Divulged

PRODUCTION STATUS NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

Reference :	Not Divulged
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Maximum Limit Dealt :	Not Divulged
Experience :	Not Divulged
Remark:	Not Divulged

Customers :

Reference :	Not Divulged
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Maximum Limit Dealt :	Not Divulged
Experience :	Not Divulged
Remark:	Not Divulged

No. of Employees :

Information declined by the management

Bankers :

Bank Name	Not Divulged
Branch	Not Divulged
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)	Not Divulged

Banking Relations :	--
Auditors :
Name :	Gora and Company Chartered Accountants
Address :	8/2 K.S. Roy Road, 2nd Floor, Kolkata – 700001, West Bengal, India
PAN N Income-tax PAN of auditor or auditor's firm :	AANFG4244K
Memberships :	--
Collaborators :	--
Subsidiaries :	Bhooteshwar Barter Private Limited CIN No.: U50102WB2014PTC200941 Brightful Retailers Private Limited CIN No.: U50102WB2014PTC200940 Dhansubh Exim Private Limited CIN No.: U50102WB2014PTC200947 Gajrup Management Private Limited CIN No.: U50102WB2014PTC200948 Mahayogi Dealtrade Private Limited CIN No.: U52190WB2010PTC155415 Nishdin Vintrade Private Limited CIN No.: U50102WB2014PTC200939

CAPITAL STRUCTURE

As on 31.03.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
5,000,000	Equity Shares	Rs.10/- each	Rs. 50.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
3,480,000	Equity Shares	Rs.10/- each	Rs.34.800 Million

As on 30.06.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
15,000,000	Equity Shares	Rs.10/- each	Rs. 150.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
9,293,000	Equity Shares	Rs.10/- each	Rs.92.930 Million

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2014	31.03.2013	31.03.2012
I.              EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	34.800	34.800	34.800
(b) Reserves & Surplus	(0.711)	(0.731)	(0.734)
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000	0.000
Total Shareholders’ Funds (1) + (2)	34.089	34.069	34.066
(3) Non-Current Liabilities
(a) long-term borrowings	0.000	0.000	0.000
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	0.000	0.000	0.000
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	0.000	0.000	0.000
(c) Other current liabilities	0.027	0.007	0.007
(d) Short-term provisions	0.009	0.001	0.000
Total Current Liabilities (4)	0.036	0.008	0.007
TOTAL	34.125	34.077	34.073
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	0.000	0.000	0.000
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	0.000	0.000	0.000
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	32.568	32.535	32.535
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	0.000	0.000	0.000
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	32.568	32.535	32.535
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	0.000	0.000	0.000
(c) Trade receivables	0.000	0.000	0.000
(d) Cash and cash equivalents	0.508	0.493	0.489
(e) Short-term loans and advances	1.049	1.049	1.049
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	1.557	1.542	1.538
TOTAL	34.125	34.077	34.073

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2014	31.03.2013	31.03.2012
	SALES
	Income	0.182	0.018	11.295
	Other Income	0.000	0.000	0.000
	TOTAL	0.182	0.018	11.295
Less	EXPENSES
	TOTAL	0.153	0.014	13.500
	PROFIT/ (LOSS) BEFORE TAX	0.029	0.004	(2.205)
Less	TAX	0.009	0.001	0.000
	PROFIT/ (LOSS) AFTER TAX	0.020	0.003	(2.205)
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD	(734.370)	(734.373)	(732.168)
	Balance Carried to the B/S	(734.350)	(734.370)	(734.373)
	Earnings / (Loss) Per Share (Rs.)	0.00	0.00	0.00

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2014	31.03.2013	31.03.2012
Current Maturities of Long term debt	NA	NA	NA
Cash generated from operations	0.049	0.004	0.000

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	10.99	16.67	(19.52)
Return on Total Assets (PBT/Total Assets}	(%)	1.86	0.26	(143.37)
Return on Investment (ROI) (PBT/Networth)		0.00	0.00	(0.06)
Debt Equity Ratio (Total Debt /Networth)		0.00	0.00	0.00
Current Ratio (Current Asset/Current Liability)		43.25	192.75	219.71

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	34.800	34.800	34.800
Reserves & Surplus	(0.734)	(0.731)	(0.711)
Money received against share warrants	0.000	0.000	0.000
Share Application money pending allotment	0.000	0.000	0.000
Net worth	34.066	34.069	34.089
long-term borrowings	0.000	0.000	0.000
Short term borrowings	0.000	0.000	0.000
Total borrowings	0.000	0.000	0.000
Debt/Equity ratio	0.000	0.000	0.000

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	11.295	0.018	0.182
		(99.841)	911.111

NET PROFIT MARGIN

Net Profit Margin	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	11.295	0.018	0.182
Profit	(2.205)	0.003	0.020
	(19.52%)	16.67%	10.99%

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check list by info agents	Available in Report (Yes/No)
1	Year of establishment	Yes
2	Constitution of the entity -Incorporation details	Yes
3	Locality of the entity	Yes
4	Premises details	No
5	Buyer visit details	--
6	Contact numbers	Yes
7	Name of the person contacted	No
8	Designation of contact person	No
9	Promoter’s background	Yes
10	Date of Birth of Proprietor / Partners / Directors	Yes
11	Pan Card No. of Proprietor / Partners	No
12	Voter Id Card No. of Proprietor / Partners	No
13	Type of business	Yes
14	Line of Business	Yes
15	Export/import details (if applicable)	No
16	No. of employees	No
17	Details of sister concerns	Yes
18	Major suppliers	No
19	Major customers	No
20	Banking Details	No
21	Banking facility details	No
22	Conduct of the banking account	--
23	Financials, if provided	Yes
24	Capital in the business	Yes
25	Last accounts filed at ROC, if applicable	Yes
26	Turnover of firm for last three years	Yes
27	Reasons for variation <> 20%	--
28	Estimation for coming financial year	No
29	Profitability for last three years	Yes
30	Major shareholders, if available	Yes
31	External Agency Rating, if available	No
32	Litigations that the firm/promoter involved in	--
33	Market information	--
34	Payments terms	No
35	Negative Reporting by Auditors in the Annual Report	No

INDEX OF CHARGES: NO CHARGES EXIST FOR THE COMPANY

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 records 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.64.83
UK Pound	1	Rs.101.00
Euro	1	Rs.71.82

INFORMATION DETAILS

Information Gathered by :	PRP
Analysis Done by :	KIN
Report Prepared by :	ART

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	2
PAID-UP CAPITAL	1~10	1
OPERATING SCALE	1~10	2
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	1
--PROFITABILITY	1~10	1
--LIQUIDITY	1~10	1
--LEVERAGE	1~10	1
--RESERVES	1~10	1
--CREDIT LINES	1~10	1
--MARGINS	-5~5	-
DEMERIT POINTS
--BANK CHARGES	YES/NO	NO
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	YES
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		11

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.