MIRA INFORM REPORT

Report No. :	336753
Report Date :	14.08.2015

IDENTIFICATION DETAILS

Name :	NAMCO INDUSTRIES PRIVATE LIMITED

Registered Office :	Survey No 44,134,135 and Others, Village Horale Khapoli Pen Road, Post Wawashi, Horale, Khalapur, Raigarh-410203
Tel. No.:	91-731-4026666/4036666

Country :	India

Financials (as on) :	31.03.2012

Date of Incorporation :	03.08.2009

Com. Reg. No.:	11-194593

Capital Investment / Paid-up Capital :	Rs. 200.000 Million

CIN No.: [Company Identification No.]	U27101MH2009PTC194593

IEC No.:	1109004737

TAN No.: [Tax Deduction & Collection Account No.]	Not Available

PAN No.: [Permanent Account No.]	AADCN0843L

Legal Form :	Private Limited Liability Company

Line of Business :	Manufacturer. Exporter and Suppliers of Steel Products. Including Steel Grits, Stainless Steel Wire Cut Shots, Steel Shots, Duplex Steel Round Bar, Steel Rounder Bar, etc.

No. of Employees :	200 (Approximately)

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 :	Eventhough, company was incorporated in the year 2009, it has started its business operations during the year 2013 as claimed by Mr. Durgesh (Account Head). Further he provided all general information. It is having moderate track. Management has failed to file financials to the government department since 2012. However, trade relations are fair. Business is active. Payment terms are reported to be unknown. In view of absence of financial information, 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

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	CARE
Rating	Long Term D (Suspended)
Rating Explanation	Lowest- Credit Quality Very Low Prospects of Recovery.
Date	March.2015

Rating Agency Name	CARE
Rating	Short Term D (Suspended)
Rating Explanation	Default or Expected to be in Default a Maturity.
Date	March.2015

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 PARTED BY (GENERAL DETAILS)

Name :	Ms. Shamila
Designation :	Accountant
Contact No.:	91-22-40236503
Date :	336753

LOCATIONS

Registered Office/ Factory :	Survey No 44,134,135 and Others, Village Horale Khapolipen Road, Post Wawashi, Horale, Khalapur, Raigarh-410203, India
Tel. No.:	91-731-4026666/4036666
Mobile No.:	91-9890380668 (Mr. Sekhar)
Fax No.:	91-731-4037252
E-Mail :	namit@namcoindustries.com
Website:	http://www.namcocorp.com

Head Office :	Namco House-14/1 New Palasia, Indore-452001, Madhya Pradesh, India

Corporate Office :	Namco Corp - 525 Vyapar Bhawan, P. Mello Road, Carnac Bunder, Masjid East, Mumbai – 400009, Maharashtra, India

Branches :	3^rd Floor, Kanika Building, 14/1, New Palasia, Indore, Madhya Pradesh, India

DIRECTORS

As on 31.12.2010

Name :

Shri Namit Soni

Designation :

Director

Address :

19/2, Manorama Gunj, Indore-452001, Madhya Pradesh, India

Date of Appointment :

03.08.2009

DIN No.:

01411732

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	U51909MH2007PTC172447	DARSHAN MERCANTILE PRIVATE LIMITED	Additional director	23/07/2007	23/07/2007	-	Active	NO
2	U27320MH2007PLC173515	GLOBAL TRADEX LIMITED	Managing director	31/03/2009	27/08/2007	-	Active	NO
3	U36912MH2008PTC178488	TRUE VALUE DIAMONDS PRIVATE LIMITED	Director	5/2/2008	5/2/2008	-	Active	NO
4	U51909MH2009PTC194346	LONGRANGE COMMODITIES PRIVATE LIMITED	Director	24/07/2009	24/07/2009	-	Active	NO
5	U27101MH2009PTC194593	NAMCO INDUSTRIES PRIVATE LIMITED	Director	3/8/2009	3/8/2009	-	Active	NO
6	U45200MP2010PTC023677	NAMCO REALITY PRIVATE LIMITED	Director	31/05/2010	31/05/2010	-	Active	NO
7	U70100MP2010PTC024137	VISIONARY REALINFRA PRIVATE LIMITED	Director	18/08/2010	18/08/2010	19/02/2011	Active	NO
8	U45400HR2007PTC036927	PANACEA WAREHOUSING AND INFRASTRUCTURES PRIVATE LIMITED	Additional director	14/09/2010	14/09/2010	31/03/2015	Active	NO
9	U65921MH1994PTC084190	SKYSCRAPPERS DEVELOPERS PRIVATE LIMITED	Director	22/12/2010	22/12/2010	23/03/2013	Active	NO
10	U51101MH2012PTC234481	ATZ CORP PRIVATE LIMITED	Director	14/08/2012	14/08/2012	-	Active	NO

Name :

Shri Ujwal Soni

Designation :

Director

Address :

19/2, Manorama Gunj, Indore-452001, Madhya Pradesh, India

Date of Appointment :

30.09.2011

DIN No.:

02585537

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	U27320MH2007PLC173515	GLOBAL TRADEX LIMITED	Director	30/09/2011	31/03/2009	-	Active	NO
2	U27101MH2009PTC194593	NAMCO INDUSTRIES PRIVATE LIMITED	Director	30/09/2011	15/12/2010	-	Active	NO
3	U65921MH1994PTC084190	SKYSCRAPPERS DEVELOPERS PRIVATE LIMITED	Director	22/12/2010	22/12/2010	-	Active	NO
4	U45400HR2007PTC036927	PANACEA WAREHOUSING AND INFRASTRUCTURES PRIVATE LIMITED	Director	22/03/2011	22/03/2011	31/03/2015	Active	NO
5	U45200MP2010PTC023677	NAMCO REALITY PRIVATE LIMITED	Director	22/03/2011	22/03/2011	-	Active	NO
6	U36912MH2008PTC178488	TRUE VALUE DIAMONDS PRIVATE LIMITED	Director	22/03/2011	22/03/2011	-	Active	NO
7	U51909MH2007PTC172447	DARSHAN MERCANTILE PRIVATE LIMITED	Director	22/03/2011	22/03/2011	-	Active	NO
8	U51909MH2009PTC194346	LONGRANGE COMMODITIES PRIVATE LIMITED	Director	30/04/2011	30/04/2011	-	Active	NO
9	U51101MH2012PTC234481	ATZ CORP PRIVATE LIMITED	Director	14/08/2012	14/08/2012	-	Active	NO

KEY EXECUTIVES

Name :	Ms. Shamila
Designation :	Accountant

MAJOR SHAREHOLDERS

As on 31.12.2010

Names of Shareholders		No. of Shares
Vijay Soni		5000
Namit Soni		3405000
Anuradha Soni		3300000
Ujjwal Soni		3300000
Darshan Mercantile Private Limited		5000000
Ragini Trading and Investment Ltd.		4990000
Total		20000000

Equity Share Break up (Percentage of Total Equity)

AS ON 31.12.2010

Category	Percentage
Bodies corporate	49.95
Directors or relatives of Directors	50.05
Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer. Exporter and Suppliers of Steel Products. Including Steel Grits, Stainless Steel Wire Cut Shots, Steel Shots, Duplex Steel Round Bar, Steel Rounder Bar, etc.

Products :	Steel Grits Stainless Steel Wire Cut Shots Steel Shots Duplex Steel Round Bar Steel Rounder Bar, etc.

Brand Names :	Not Available

Agencies Held :	Not Available

Exports :
Products :	Finished Goods
Countries :	Sri Lanka

Imports :
Products :	Raw Material
Countries :	Korea

Terms :
Selling :	Advance Payment and L\C

Purchasing :	Advance Payment and L\C

PRODUCTION STATUS: NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

Reference :	Uttam Galva Steel Limited, Masjid, Mumbai, Maharashtra, India
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 :

End Users and Manufacturer

Reference :	Hemant Enterprise in Masjid, Mumbai, Maharashtra, India
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 :

200 (Approximately)

Bankers :

Banker Name	UCO Bank
Branch Address	New Palasia Branch, 2/5, 3/5, Girnar Tower, Indore - 452001, Madhya Pradesh, India
Person Name (With Designation)	Not Divulged
Contact Number	Not Divulged
Name of Account Holder	Not Divulged
Account Number	2580210001912 (Not Confirmed)
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

Facilities :

(Rs. In Million)

SECURED LOAN	As on 31.03.2012	As on 31.03.2011
LONG TERM BORROWING
Borrowing [Member]	1278.904	1201.363
Total	1278.904	1201.363

Auditors :
Name :	Dafria and Company Chartered Accountant
Address :	A-1, Megh Building, 13/2, M. G. Road, Indore – 452001, Madhya Pradesh, India
PAN N Income-tax PAN of auditor or auditor's firm :	rvdafria@rediffmail.com

Memberships :	Not Available

Collaborators :	Not Available

Associates/Subsidiaries :	Not Available

CAPITAL STRUCTURE

As on 30.09.2010

Authorised Capital :

No. of Shares	Type	Value	Amount

20,000,000	Equity Shares	Rs.10/- each	Rs.200.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount

20,000,000	Equity Shares	Rs.10/- each	Rs.200.000 Million

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2012	31.03.2011
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	400.000	200.000
(b) Reserves & Surplus	50.160	50.160
(c) Money received against share warrants	0.000	0.000

(2) Share Application money pending allotment	516.238	0.000
Total Shareholders’ Funds (1) + (2)	966.398	250.160

(3) Non-Current Liabilities
(a) long-term borrowings	1373.904	1492.733
(b) Deferred tax liabilities (Net)	0.000	0.000
(c) Other long term liabilities	0.000	0.000
(d) long-term provisions	0.000	0.000
Total Non-current Liabilities (3)	1373.904	1492.733

(4) Current Liabilities
(a) Short term borrowings	0.000	0.000
(b) Trade payables	961.533	68.500
(c) Other current liabilities	882.707	195.610
(d) Short-term provisions	0.145	0.087
Total Current Liabilities (4)	1844.385	264.197

TOTAL	4184.687	2007.090

II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	9.729	5.199
(ii) Intangible Assets	0.000	0.000
(iii) Capital work-in-progress	2590.468	1557.726
(iv) Intangible assets under development	0.000	0.000
(b) Non-current Investments	0.000	0.000
(c) Deferred tax assets (net)	0.000	0.000
(d) Long-term Loan and Advances	0.000	0.000
(e) Other Non-current assets	0.000	0.000
Total Non-Current Assets	2600.197	1562.925

(2) Current assets
(a) Current investments	0.000	0.000
(b) Inventories	1409.586	0.000
(c) Trade receivables	0.000	68.598
(d) Cash and cash equivalents	22.873	3.707
(e) Short-term loans and advances	152.031	371.860
(f) Other current assets	0.000	0.000
Total Current Assets	1584.490	444.165

TOTAL	4184.687	2007.090

SOURCES OF FUNDS		31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		100.000
2] Share Application Money		0.000
3] Reserves & Surplus		50.100
4] (Accumulated Losses)		0.000
NETWORTH		150.100
LOAN FUNDS
1] Secured Loans		0.000
2] Unsecured Loans		279.920
TOTAL BORROWING		279.920
DEFERRED TAX LIABILITIES		0.000

TOTAL		430.020

APPLICATION OF FUNDS

FIXED ASSETS [Net Block]		0.000
Capital work-in-progress		114.400
Capital Advance		177.700

INVESTMENT		0.000
DEFERREX TAX ASSETS		0.000

CURRENT ASSETS, LOANS & ADVANCES
	Inventories	0.000
	Sundry Debtors	0.000
	Cash & Bank Balances	2.473
	Other Current Assets	0.000
	Loans & Advances	305.188
Total Current Assets		307.661
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	177.837
	Other Current Liabilities	0.000
	Provisions	0.000
Total Current Liabilities		177.837
Net Current Assets		129.824

MISCELLANEOUS EXPENSES		8.096

TOTAL		430.020

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011	31.03.2010
	SALES
		TOTAL INCOME	0.000	68.598	0.000

Less	EXPENSES
		TOTAL EXPENSES	0.000	68.512	0.000

	PROFIT/(LOSS) BEFORE TAX		0.000	0.086	0.000

Less	TAX		0.000	0.027	0.000

	PROFIT/(LOSS) AFTER TAX		0.000	0.059	0.000

	Earnings Per Share (Rs.)		0.000	NA	0.000

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2012	31.03.2011	31.03.2010
Current Maturities of Long term debt	219.680	0.000	NA
Cash generated from operations	NA	NA	NA
Net cash flows from (used in) operations	NA	NA	NA

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
Net Profit Margin (PAT / Sales)	(%)	0.00	0.09	0.00

Operating Profit Margin (PBIDT/Sales)	(%)	0.00	0.13	0.00

Return on Total Assets (PBT/Total Assets}	(%)	0.00	0.02	0.00

Return on Investment (ROI) (PBT/Networth)		0.00	0.00	0.00

Debt Equity Ratio (Total Debt /Networth)		1.65	5.97	0.00

Current Ratio (Current Asset/Current Liability)		0.86	1.68	1.73

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2010	31.03.2011	31.03.2012
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	100.000	200.000	400.000
Reserves & Surplus	50.100	50.160	50.160
Share Application money pending allotment	0.000	0.000	516.238
Net worth	150.100	250.160	966.398

long-term borrowings	0.000	1492.733	1373.904
Short term borrowings	279.92	0.000	0.000
Total borrowings	279.920	1492.733	1593.584
Debt/Equity ratio	1.865	5.967	1.649

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	Yes
8	Designation of contact person	Yes
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)	Yes
16	No. of employees	Yes
17	Details of sister concerns	No
18	Major suppliers	Yes
19	Major customers	Yes
20	Banking Details	Yes
21	Banking facility details	Yes
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	Yes
32	Litigations that the firm/promoter involved in	--
33	Market information	--
34	Payments terms	Yes
35	Negative Reporting by Auditors in the Annual Report	No

NOTE: Registered office of the company has been shifted from Plot no. J/18 M.I.D.C Taloja Raigarh – 410208,

Maharashtra INDIA to the present address w.e.f. 30.11.2010

UNSECURED LOAN

(Rs. In Million)

Particulars	As on 31.03.2012	As on 31.03.2011
LONG TERM BORROWING
Borrowing [Member]	95.000	291.370
Total	95.000	291.370

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10448649	09/09/2013	47,400,000.00	UCO Bank	NEW PALASIA BRANCH, 2/5, 3/5,GIRNAR TOWER, INDORE , MADHYA PRADESH - 452001, INDIA	B84824887
2	10423394	29/04/2013	2,534,800,000.00	UCO Bank	NEW PALASIA BRANCH, 2/5, 3/5, GIRNAR TOWER, INDORE, MADHYA PRADESH - 452003, INDIA	B74282336
3	10212976	22/04/2010 *	1,500,000,000.00	UCO BANK	2/5, 3/5, GIRNAR TOWERS, NEW PALASIA, INDORE, MADHYA PRADESH - 452001, INDIA	A84180009

* Date of charge modification

FIXED ASSETS

Tangible assets

Plant and equipment
Furniture and fixtures
Vehicles
Office equipment
Computer equipment’s

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.64.92
UK Pound	1	Rs.101.44
Euro	1	Rs.72.26

INFORMATION DETAILS

Information Gathered by :	SUP

Analysis Done by :	KIN

Report Prepared by :	GTA

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	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		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.

MIRA INFORM REPORT

0.00

INDEX OF CHARGES

Unit