MIRA INFORM REPORT

Report No. :	354725
Report Date :	19.12.2015

IDENTIFICATION DETAILS

Name :	MAHANANDA SUPPLIERS LIMITED (w.e.f 11.02.2004)
Formerly Known As :	MAHANANDA SUPPLIERS PRIVATE LIMITED
Registered Office :	14, 2nd Floor, Netaji Subhash Road, Kolkata - 700001, West Bengal
Tel. No.:	91-33-22428551
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	06.04.1995
Com. Reg. No.:	21-070966
Capital Investment / Paid-up Capital :	Rs. 99.923 Million
CIN No.: [Company Identification No.]	U51909WB1995PLC070966
IEC No.:	Not Applicable (As claimed by company management that company does not export and import)
TAN No.: [Tax Deduction and Collection Account No.]	CALM05175C
PAN No.: [Permanent Account No.]	AABCM8069K
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Subject is engaged into Non-banking Financial Company and is primarily engaged in Investment in Shares and Securities. (Registered Activity and also Confirmed by Management)
No. of Employees :	1000 (Approximately)

RATING and COMMENTS

MIRA’s Rating :

B (26)

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

Status :	Moderate
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject was established in the year 1995 and it is a non-banking financial company primarily engaged in investment in share and securities. For the financial year ended 2014, company has not earned income from operations and it has incurred loss of Rs. 0.252 which accounted as expenditure during the year under review. As per our investigation, our executive contacted Mr. Vikas Modi, Account manager of the company. He has provided limited information and denied to disclose reason for nil operations during FY 2014. Furthermore, management has also not filed its financial with government department for the year 2015 and same are not available from any sources. However, the company has a decent net worth base and there are no external borrowings recorded in the balance sheet. No other information could be made available from any sources. The company is active as per the status shown in the Registrar of Companies. Payments are reported to be unknown. In view of aforesaid, the company can be considered for business dealings on 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 31-03-2015.

INFORMATION PARTED BY (GENERAL DETAILS)

Name :	Mr. Vikas modi
Designation :	Accounts manager
Contact No.:	91-33-22428551/ 30517100
Date :	15.12.2015

LOCATIONS

Registered Office :	14, 2nd Floor, Netaji Subhash Road, Kolkata - 700001, West Bengal, India
Tel. No.:	91-33-22428551
Fax No.:	91-33-22428553
E-Mail :	aloksamant@adhunikgroup.co.in
Website :	www.adhunikgroup.com
Location :	Owned
Corporate Office :	Lansdowne Towers, 2/1 A, Sarat Bose Road, Kolkata - 700020, West Bengal, India
Tel. No.:	91-33-30517100
Fax No.:	91-33-22890285

DIRECTORS

AS ON 31.03.2015

Name :

Mr. Jugal Kishore Agarwal

Designation :

Director

Address :

BA-209, Salt Lake City, Kolkata - 700064, West Bengal, India

Date of Birth/Age :

05.10.1951

Date of Appointment :

01.12.2004

PAN No.:

ADCPA9670K

DIN No.:

00227460

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	U27109WB1992PLC055488	ADHUNIK STEELS LIMITED	Director	27/09/2012	20/05/1992	-	Active	NO
2	U65993WB1994PTC062157	SUVARNAPUSPA INVESTMENT PRIVATE LIMITED	Director	28/02/2000	28/02/2000	-	Amalgamated	NO
3	U27101WB2002PLC094691	ADHUNIK ISPAT LIMITED	Managing director	28/05/2002	28/05/2002	-	Amalgamated	NO
4	U52392WB2003PLC095975	ADHUNIK INFOTECH LIMITED	Director	29/09/2010	31/03/2003	-	Active	NO
5	U26942ML2003PLC007090	ADHUNIK CEMENT LIMITED	Director	01/05/2003	01/05/2003	28/09/2012	Active	NO
6	U27106WB1996PLC076992	ADHUNIK CORPORATION LIMITED	Director	03/05/2003	03/05/2003	-	Active	NO
7	L28110OR2001PLC017271	ADHUNIK METALIKS LIMITED	Director	02/06/2003	02/06/2003	-	Active	NO
8	U27104WB2003PLC096616	ADHUNIK ALLOYS and POWER LIMITED	Director	22/07/2003	22/07/2003	-	Active	NO
9	L65921WB1979PLC032200	ADHUNIK INDUSTRIES LIMITED	Managing director	30/11/2014	27/08/2003	-	Active	NO
10	U65993WB1994PLC066223	SUNGROWTH SHARE and STOCKS LIMITED.	Director	01/09/2003	01/09/2003	-	Active	NO
11	U27101ML2000PTC006356	ADHUNIK MEGHALAYA STEELS PRIVATE LIMITED	Director	22/06/2004	22/06/2004	15/06/2010	Active	NO
12	U51909WB1995PLC070966	MAHANANDA SUPPLIERS LIMITED.	Director	01/12/2004	01/12/2004	-	Active	NO
13	U40101WB2005PLC102934	NEEPAZ POWER LIMITED	Director	03/05/2005	03/05/2005	30/03/2010	Active	NO
14	U40101WB2005PLC102935	ADHUNIK POWER and NATURAL RESOURCES LIMITED	Director	03/05/2005	03/05/2005	-	Active	NO
15	U70101WB2005PLC105172	ADHUNIK SHRISTI and POWER TRADING COMPANY LIMITED	Director	05/09/2005	05/09/2005	30/03/2010	Active	NO
16	U45203WB2006PLC111423	NEEPAZ INFRASTRUCTURE and DEVELOPERS LIMITED	Director	20/09/2006	20/09/2006	03/10/2008	Active	NO
17	U13201OR1953PLC017027	ORISSA MANGANESE and MINERALS LIMITED	Director	05/04/2007	05/04/2007	-	Active	NO
18	U15491WB1992PTC056802	KESAR TEA COMPANY PRIVATE LIMITED.	Director	10/01/2008	10/01/2008	-	Amalgamated	NO
19	U15141WB1992PTC056803	KESAR OIL COMPANY PRIVATE LIMITED.	Director	10/01/2008	10/01/2008	-	Amalgamated	NO
20	U14219WB2008PLC124324	VASUNDHRA RESOURCES LIMITED	Director	19/03/2008	19/03/2008	25/03/2008	Active	NO
21	U26959AS2008PLC008717	ADHUNIK MSP CEMENT (ASSAM) LIMITED	Director	26/06/2008	26/06/2008	27/09/2012	Active	NO
22	U27100WB2009PLC137300	SWARNREKHA STEEL INDUSTRIES LIMITED	Director	29/07/2009	29/07/2009	30/03/2015	Active	NO
23	U45400WB2007PTC117368	SPECTURM COMPLEX PRIVATE LIMITED	Director	29/09/2009	03/08/2009	01/11/2013	Active	NO
24	U10101ML2009PTC008383	RIBHOI MINING and MINERALS PRIVATE LIMITED	Director	14/10/2009	14/10/2009	-	Active	NO
25	U10100WB2009PLC140050	MOIRA MADHUJORE COAL LIMITED	Director	09/12/2009	09/12/2009	27/05/2015	Active	NO
26	U27100OR2010PTC012205	NEEPAZ B C DAGARA STEELS PRIVATE LIMITED	Director	06/07/2010	06/07/2010	-	Active	NO
27	U13209WB2010PTC154485	GADCHIROLI MINING COMPANY PRIVATE LIMITED	Director	08/11/2010	08/11/2010	-	Active	NO
28	U74140WB2004PLC099957	HANUMAN ADVISORY LIMITED	Director	29/09/2012	07/03/2012	30/03/2015	Active	NO
29	U74140WB2004PLC099958	GAJESHWAR ADVISORY LIMITED	Director	29/09/2012	07/03/2012	30/03/2015	Active	NO
30	U51909WB2006PTC108140	ARAVALI MERCHANTS PRIVATE LIMITED	Director	29/09/2012	07/03/2012	-	Active	NO
31	U26960WB2013PTC198516	KOLKATA GLASS and CERAMICS PRIVATE LIMITED	Director	20/11/2013	20/11/2013	-	Active	NO

Name :

Mr. Manoj Kumar Agarwal

Designation :

Director

Address :

BA-209, Salt Lake City, Kolkata - 700064, West Bengal, India

Date of Birth/Age :

06.08.19

Date of Appointment :

01.12.2004

PAN No.:

ADBPA8890N

DIN No.:

00227871

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	U27109WB1992PLC055488	ADHUNIK STEELS LIMITED	Director	16/01/1995	16/01/1995	24/03/2011	Active	NO
2	U27109WB1999PTC089773	NEEPAZ TUBE PRIVATE LIMITED	Director	02/07/1999	02/07/1999	-	Amalgamated	NO
3	U27101ML2000PTC006356	ADHUNIK MEGHALAYA STEELS PRIVATE LIMITED	Director	21/02/2001	21/02/2001	15/06/2010	Active	NO
4	L28110OR2001PLC017271	ADHUNIK METALIKS LIMITED	Managing director	16/03/2009	20/11/2001	14/11/2015	Active	NO
5	U27101WB2002PLC094691	ADHUNIK ISPAT LIMITED	Director	28/05/2002	28/05/2002	-	Amalgamated	NO
6	U27209WB2002PTC095080	SRI M P ISPAT and POWER PRIVATE LIMITED	Director	29/08/2002	29/08/2002	-	Amalgamated	NO
7	U52392WB2003PLC095975	ADHUNIK INFOTECH LIMITED	Director	09/04/2003	09/04/2003	-	Active	NO
8	U26942ML2003PLC007090	ADHUNIK CEMENT LIMITED	Director	01/05/2003	01/05/2003	01/11/2011	Active	NO
9	U27104WB2003PLC096616	ADHUNIK ALLOYS and POWER LIMITED	Director	22/07/2003	22/07/2003	-	Active	NO
10	L65921WB1979PLC032200	ADHUNIK INDUSTRIES LIMITED	Director	30/11/2009	27/08/2003	01/11/2011	Active	NO
11	U65993WB1994PLC066223	SUNGROWTH SHARE and STOCKS LIMITED.	Director	01/09/2003	01/09/2003	-	Active	NO
12	U27106WB1996PLC076992	ADHUNIK CORPORATION LIMITED	Director	15/09/2003	15/09/2003	22/06/2008	Active	NO
13	U51909WB1995PLC070966	MAHANANDA SUPPLIERS LIMITED.	Director	01/12/2004	01/12/2004	-	Active	NO
14	U40101WB2005PLC102934	NEEPAZ POWER LIMITED	Director	03/05/2005	03/05/2005	25/03/2008	Active	NO
15	U40101WB2005PLC102935	ADHUNIK POWER and NATURAL RESOURCES LIMITED	Managing director	25/09/2014	03/05/2005	28/10/2015	Active	NO
16	U70101WB2005PLC105172	ADHUNIK SHRISTI and POWER TRADING COMPANY LIMITED	Director	05/09/2005	05/09/2005	30/03/2010	Active	NO
17	U28920WB1991PLC052122	Adhunik Power Transmission Limited.	Director	24/05/2006	24/05/2006	31/10/2011	Active	NO
18	U45203WB2006PLC111423	NEEPAZ INFRASTRUCTURE and DEVELOPERS LIMITED	Director	20/09/2006	20/09/2006	03/10/2008	Active	NO
19	U70109DL2006PTC144559	J V FORGE INDIA PRIVATE LIMITED	Additional director	22/02/2007	22/02/2007	12/08/2007	Active	NO
20	U13201OR1953PLC017027	ORISSA MANGANESE and MINERALS LIMITED	Director	21/03/2011	05/04/2007	07/09/2015	Active	NO
21	U28910MH2004PLC207333	FIRST FORGE LIMITED	Director	04/10/2007	04/10/2007	26/04/2012	Active	NO
22	U74200WB2008PTC122977	AMUEL ENGINEERING PRIVATE LIMITED	Director	23/02/2008	23/02/2008	06/06/2011	Active	NO
23	U14219WB2008PLC124324	VASUNDHRA RESOURCES LIMITED	Director	19/03/2008	19/03/2008	01/02/2012	Active	NO
24	U15543WB1988PTC044453	VIJAYA MINERALS PRIVATE LIMITED	Director	25/04/2008	25/04/2008	-	Strike off	NO
25	U26959AS2008PLC008717	ADHUNIK MSP CEMENT (ASSAM) LIMITED	Director	26/06/2008	26/06/2008	01/11/2011	Active	NO
26	U10100JH2008PTC013349	NORTH DHADHU MINING COMPANY PRIVATE LIMITED	Director	01/12/2008	01/12/2008	-	Active	NO
27	U51109WB2006PTC111114	SWIFT VINIMAY PRIVATE LIMITED	Additional director	16/06/2009	16/06/2009	20/10/2010	Active	NO
28	U27107WB2003PLC096807	GANGA POWER and NATURAL RESOURCES LIMITED	Director	29/09/2009	29/07/2009	-	Active	NO
29	U27100WB2009PLC137300	SWARNREKHA STEEL INDUSTRIES LIMITED	Director	29/07/2009	29/07/2009	30/03/2010	Active	NO
30	U27100OR2010PTC012205	NEEPAZ B C DAGARA STEELS PRIVATE LIMITED	Director	06/07/2010	06/07/2010	-	Active	NO
31	U63033WB2010PTC152479	Neepaz Aviation Private Limited	Director	20/08/2010	20/08/2010	-	Strike off	NO
32	U51909WB2010PTC153352	FAITHFUL MERCANTILE PRIVATE LIMITED	Director	23/09/2010	23/09/2010	06/08/2011	Active	NO
33	U10200DL2013PLC259695	MCCLUSKIE COAL and POWER LIMITED	Director	29/10/2013	29/10/2013	-	Active	NO

Name :

Mr. Mahesh Kumar Agarwal

Designation :

Director

Address :

BA-209, Saltlake City, Kolkata - 700064, West Bengal, India

Date of Birth/Age :

07.03.1966

Date of Appointment :

01.12.2004

PAN No.:

ABCPA9259J

DIN No.:

00507690

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	U27109WB1992PLC055488	ADHUNIK STEELS LIMITED	Director	30/09/2011	16/01/1995	20/12/2011	Active	NO
2	U27107WB1995PLC076049	FUTURISTIC STEEL LIMITED.	Director	18/12/1995	18/12/1995	08/11/2010	Active	NO
3	U65993WB1994PTC062157	SUVARNAPUSPA INVESTMENT PRIVATE LIMITED	Director	28/02/2000	28/02/2000	-	Amalgamated	NO
4	U27101ML2000PTC006356	ADHUNIK MEGHALAYA STEELS PRIVATE LIMITED	Director	14/11/2000	14/11/2000	19/02/2015	Active	NO
5	U27106WB1996PLC076992	ADHUNIK CORPORATION LIMITED	Managing director	20/04/2014	05/03/2001	-	Active	NO
6	U27209WB2002PTC095080	SRI M P ISPAT and POWER PRIVATE LIMITED	Director	29/08/2002	29/08/2002	-	Amalgamated	NO
7	U52392WB2003PLC095975	ADHUNIK INFOTECH LIMITED	Director	31/03/2003	31/03/2003	05/12/2011	Active	NO
8	U26942ML2003PLC007090	ADHUNIK CEMENT LIMITED	Additional director	25/03/2013	01/05/2003	12/04/2013	Active	NO
9	U27104WB2003PLC096616	ADHUNIK ALLOYS and POWER LIMITED	Director	22/07/2003	22/07/2003	-	Active	NO
10	U65993WB1994PLC066223	SUNGROWTH SHARE and STOCKS LIMITED.	Director	28/07/2003	28/07/2003	-	Active	NO
11	L65921WB1979PLC032200	ADHUNIK INDUSTRIES LIMITED	Director	27/08/2003	27/08/2003	-	Active	NO
12	U51909WB1995PLC070966	MAHANANDA SUPPLIERS LIMITED.	Director	01/12/2004	01/12/2004	-	Active	NO
13	U27101WB2002PLC094691	ADHUNIK ISPAT LIMITED	Director	01/01/2005	01/01/2005	-	Amalgamated	NO
14	U40101WB2005PLC102934	NEEPAZ POWER LIMITED	Director	03/05/2005	03/05/2005	05/12/2011	Active	NO
15	U40101WB2005PLC102935	ADHUNIK POWER and NATURAL RESOURCES LIMITED	Director	03/05/2005	03/05/2005	13/10/2015	Active	NO
16	U70101WB2005PLC105172	ADHUNIK SHRISTI and POWER TRADING COMPANY LIMITED	Director	05/09/2005	05/09/2005	13/12/2010	Active	NO
17	U13100OR2006PTC008672	PATRAPADA COAL MINING COMPANY PRIVATE LIMITED	Nominee director	10/04/2006	10/04/2006	-	Strike off	NO
18	U27102WB2004PTC097594	BENGAL SPONGE MANUFACTURERS MINING PRIVATE LIMITED	Director	27/07/2006	27/07/2006	03/11/2008	Active	NO
19	U45203WB2006PLC111423	NEEPAZ INFRASTRUCTURE and DEVELOPERS LIMITED	Director	20/09/2006	20/09/2006	03/10/2008	Active	NO
20	L28110OR2001PLC017271	ADHUNIK METALIKS LIMITED	Director	28/12/2006	28/12/2006	23/10/2015	Active	NO
21	U13201OR1953PLC017027	ORISSA MANGANESE and MINERALS LIMITED	Director	05/04/2007	05/04/2007	02/11/2015	Active	NO
22	U14219WB2008PLC124324	VASUNDHRA RESOURCES LIMITED	Director	19/03/2008	19/03/2008	01/02/2012	Active	NO
23	U26959AS2008PLC008717	ADHUNIK MSP CEMENT (ASSAM) LIMITED	Director	26/06/2008	26/06/2008	27/09/2012	Active	NO
24	U45201AS2008PTC008718	MEGHTECH INFRASERVICES PRIVATE LIMITED	Director	26/06/2008	26/06/2008	15/12/2010	Active	NO
25	U27100WB2009PLC137300	SWARNREKHA STEEL INDUSTRIES LIMITED	Director	29/07/2009	29/07/2009	13/12/2010	Active	NO
26	U45400WB2007PTC117368	SPECTURM COMPLEX PRIVATE LIMITED	Director	29/09/2009	03/08/2009	12/04/2012	Active	NO
27	U10100WB2009PLC140050	MOIRA MADHUJORE COAL LIMITED	Director	09/12/2009	09/12/2009	-	Active	NO
28	U13209WB2010PTC154485	GADCHIROLI MINING COMPANY PRIVATE LIMITED	Director	08/11/2010	08/11/2010	-	Active	NO
29	U17200WB1989PLC101348	ARENA TEXTILES AND INDUSTRIES LIMITED	Director	29/09/2012	07/09/2012	-	Active	NO
30	U26960WB2013PTC198516	KOLKATA GLASS and CERAMICS PRIVATE LIMITED	Director	20/11/2013	20/11/2013	-	Active	NO

Name :

Mr. Ghanshyam Das Agarwal

Designation :

Managing Director

Address :

Ba-209, Salt Lake City, Kolkata - 700064, West Bengal, India

Date of Birth/Age :

16.10.1957

Date of Appointment :

01.04.2014

PAN No.:

ACUPA0872G

DIN No.:

00507800

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	U27109WB1992PLC055488	ADHUNIK STEELS LIMITED	Director	27/09/2012	20/05/1992	-	Active	NO
2	U27109WB1999PTC089773	NEEPAZ TUBE PRIVATE LIMITED	Director	02/07/1999	02/07/1999	-	Amalgamated	NO
3	U65993WB1994PTC062157	SUVARNAPUSPA INVESTMENT PRIVATE LIMITED	Director	28/02/2000	28/02/2000	-	Amalgamated	NO
4	U27106WB1996PLC076992	ADHUNIK CORPORATION LIMITED	Director	01/04/2000	01/04/2000	-	Active	NO
5	U27101ML2000PTC006356	ADHUNIK MEGHALAYA STEELS PRIVATE LIMITED	Director	14/11/2000	14/11/2000	25/02/2015	Active	NO
6	L28110OR2001PLC017271	ADHUNIK METALIKS LIMITED	Director	20/11/2001	20/11/2001	-	Active	NO
7	U27209WB2002PTC095080	SRI M P ISPAT and POWER PRIVATE LIMITED	Director	29/08/2002	29/08/2002	-	Amalgamated	NO
8	U52392WB2003PLC095975	ADHUNIK INFOTECH LIMITED	Director	31/03/2003	31/03/2003	-	Active	NO
9	U26942ML2003PLC007090	ADHUNIK CEMENT LIMITED	Director	01/05/2003	01/05/2003	28/09/2012	Active	NO
10	U27104WB2003PLC096616	ADHUNIK ALLOYS and POWER LIMITED	Director	22/07/2003	22/07/2003	-	Active	NO
11	U65993WB1994PLC066223	SUNGROWTH SHARE and STOCKS LIMITED.	Director	28/07/2003	28/07/2003	-	Active	NO
12	L65921WB1979PLC032200	ADHUNIK INDUSTRIES LIMITED	Director	27/08/2003	27/08/2003	25/03/2008	Active	NO
13	U51909WB1995PLC070966	MAHANANDA SUPPLIERS LIMITED.	Managing director	01/04/2014	01/12/2004	-	Active	NO
14	U40101WB2005PLC102934	NEEPAZ POWER LIMITED	Director	03/05/2005	03/05/2005	25/03/2008	Active	NO
15	U40101WB2005PLC102935	ADHUNIK POWER and NATURAL RESOURCES LIMITED	Director	03/05/2005	03/05/2005	-	Active	NO
16	U70101WB2005PLC105172	ADHUNIK SHRISTI and POWER TRADING COMPANY LIMITED	Director	05/09/2005	05/09/2005	30/03/2010	Active	NO
17	U45203WB2006PLC111423	NEEPAZ INFRASTRUCTURE and DEVELOPERS LIMITED	Director	20/09/2006	20/09/2006	03/10/2008	Active	NO
18	U28920WB1991PLC052122	Adhunik Power Transmission Limited.	Director	24/12/2006	24/12/2006	30/03/2010	Active	NO
19	U13201OR1953PLC017027	ORISSA MANGANESE and MINERALS LIMITED	Director	05/04/2007	05/04/2007	-	Active	NO
20	U28910MH2004PLC207333	FIRST FORGE LIMITED	Director	04/10/2007	04/10/2007	26/04/2012	Active	NO
21	U15491WB1992PTC056802	KESAR TEA COMPANY PRIVATE LIMITED.	Director	10/01/2008	10/01/2008	-	Amalgamated	NO
22	U15141WB1992PTC056803	KESAR OIL COMPANY PRIVATE LIMITED.	Director	10/01/2008	10/01/2008	-	Amalgamated	NO
23	U14219WB2008PLC124324	VASUNDHRA RESOURCES LIMITED	Director	19/03/2008	19/03/2008	25/03/2008	Active	NO
24	U45400WB2007PTC117368	SPECTURM COMPLEX PRIVATE LIMITED	Director	01/04/2008	01/04/2008	01/11/2013	Active	NO
25	U26959AS2008PLC008717	ADHUNIK MSP CEMENT (ASSAM) LIMITED	Director	26/06/2008	26/06/2008	27/09/2012	Active	NO
26	U51909WB2006PLC108516	PERFORMANCE MARKETING LIMITED	Director	29/09/2008	08/08/2008	30/03/2010	Active	NO
27	U10101ML2009PTC008383	RIBHOI MINING and MINERALS PRIVATE LIMITED	Director	14/10/2009	14/10/2009	-	Active	NO
28	U10101ML2009PTC008382	West Khashi Minerals and Mining Private Limited	Additional director	26/03/2015	14/10/2009	-	Active	NO
29	U14200AS2010PTC009783	SONAPAHAR NATURAL RESOURCES PRIVATE LIMITED	Director	26/02/2010	26/02/2010	15/06/2010	Active	NO
30	U27100OR2010PTC012205	NEEPAZ B C DAGARA STEELS PRIVATE LIMITED	Director	06/07/2010	06/07/2010	-	Active	NO
31	U93090WB2013NPL193920	LANSDOWNE TOWERS OWNERS ASSOCIATION	Director	29/05/2013	29/05/2013	-	Active	NO

Name :

Mr. Nirmal Kumar Agarwal

Designation :

Director

Address :

BA-209, Salt Lake City, Kolkata - 700064, West Bengal, India

Date of Birth/Age :

10.11.1962

Date of Appointment :

01.12.2004

PAN No.:

AFGPA3576E

DIN No.:

00605669

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	U27109WB1992PLC055488	ADHUNIK STEELS LIMITED	Director	20/05/1992	20/05/1992	30/03/2010	Active	NO
2	U27106WB1996PLC076992	ADHUNIK CORPORATION LIMITED	Director	12/02/1996	12/02/1996	01/11/2011	Active	NO
3	L28110OR2001PLC017271	ADHUNIK METALIKS LIMITED	Director	06/05/2002	06/05/2002	-	Active	NO
4	U27209WB2002PTC095080	SRI M P ISPAT and POWER PRIVATE LIMITED	Director	01/11/2002	01/11/2002	-	Amalgamated	NO
5	U52392WB2003PLC095975	ADHUNIK INFOTECH LIMITED	Director	09/04/2003	09/04/2003	30/03/2010	Active	NO
6	U26942ML2003PLC007090	ADHUNIK CEMENT LIMITED	Director	01/05/2003	01/05/2003	01/11/2011	Active	NO
7	U27104WB2003PLC096616	ADHUNIK ALLOYS and POWER LIMITED	Managing director	01/04/2011	22/07/2003	-	Active	NO
8	U27101WB2002PLC094691	ADHUNIK ISPAT LIMITED	Director	19/08/2003	19/08/2003	-	Amalgamated	NO
9	U27107WB2003PLC096807	GANGA POWER and NATURAL RESOURCES LIMITED	Director	19/08/2003	19/08/2003	-	Active	NO
10	L65921WB1979PLC032200	ADHUNIK INDUSTRIES LIMITED	Director	27/08/2003	27/08/2003	01/11/2011	Active	NO
11	U65993WB1994PLC066223	SUNGROWTH SHARE and STOCKS LIMITED.	Director	01/09/2003	01/09/2003	-	Active	NO
12	U27101ML2000PTC006356	ADHUNIK MEGHALAYA STEELS PRIVATE LIMITED	Director	20/04/2004	20/04/2004	15/06/2010	Active	NO
13	U51909WB1995PLC070966	MAHANANDA SUPPLIERS LIMITED.	Director	01/12/2004	01/12/2004	-	Active	NO
14	U40101WB2005PLC102934	NEEPAZ POWER LIMITED	Director	27/09/2010	03/05/2005	-	Active	NO
15	U40101WB2005PLC102935	ADHUNIK POWER and NATURAL RESOURCES LIMITED	Director	03/05/2005	03/05/2005	-	Active	NO
16	U70101WB2005PLC105172	ADHUNIK SHRISTI and POWER TRADING COMPANY LIMITED	Director	05/09/2005	05/09/2005	30/03/2010	Active	NO
17	U13100OR2006PTC008672	PATRAPADA COAL MINING COMPANY PRIVATE LIMITED	Nominee director	10/04/2006	10/04/2006	-	Strike off	NO
18	U27109OR2006PLC017026	ZION STEEL LIMITED	Director	16/08/2006	16/08/2006	30/03/2010	Active	NO
19	U45203WB2006PLC111423	NEEPAZ INFRASTRUCTURE and DEVELOPERS LIMITED	Director	20/09/2006	20/09/2006	03/10/2008	Active	NO
20	U70109DL2006PTC144559	J V FORGE INDIA PRIVATE LIMITED	Additional director	22/02/2007	22/02/2007	12/08/2007	Active	NO
21	U13201OR1953PLC017027	ORISSA MANGANESE and MINERALS LIMITED	Director	05/04/2007	05/04/2007	-	Active	NO
22	U28910MH2004PLC207333	FIRST FORGE LIMITED	Director	04/10/2010	04/10/2007	26/04/2012	Active	NO
23	U14219WB2008PLC124324	VASUNDHRA RESOURCES LIMITED	Director	30/09/2013	19/03/2008	-	Active	NO
24	U15543WB1988PTC044453	VIJAYA MINERALS PRIVATE LIMITED	Director	25/04/2008	25/04/2008	-	Strike off	NO
25	U26959AS2008PLC008717	ADHUNIK MSP CEMENT (ASSAM) LIMITED	Director	26/06/2008	26/06/2008	30/03/2010	Active	NO
26	U10100JH2008PTC013349	NORTH DHADHU MINING COMPANY PRIVATE LIMITED	Director	22/10/2008	22/10/2008	-	Active	NO
27	U10101ML2009PTC008382	West Khashi Minerals and Mining Private Limited	Director	14/10/2009	14/10/2009	-	Active	NO
28	U27100OR2010PTC012205	NEEPAZ B C DAGARA STEELS PRIVATE LIMITED	Director	06/07/2010	06/07/2010	-	Active	NO
29	U63033WB2010PTC152479	Neepaz Aviation Private Limited	Director	20/08/2010	20/08/2010	-	Strike off	NO
30	U10200DL2013PLC259695	MCCLUSKIE COAL and POWER LIMITED	Director	29/10/2013	29/10/2013	-	Active	NO

Name :

Mr. Mohan Lal Agarwal

Designation :

Director

Address :

BA-209, Saltlake City, Kolkata - 700064, West Bengal, India

Date of Birth/Age :

10.05.1965

Date of Appointment :

01.12.2004

PAN No.:

ACVPA7179F

DIN No.:

01047906

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	U27109WB1992PLC055488	ADHUNIK STEELS LIMITED	Director	27/09/2012	16/01/1995	-	Active	NO
2	U27106WB1996PLC076992	ADHUNIK CORPORATION LIMITED	Director	02/02/1996	02/02/1996	-	Active	NO
3	U27101ML2000PTC006356	ADHUNIK MEGHALAYA STEELS PRIVATE LIMITED	Director	14/11/2000	14/11/2000	15/06/2010	Active	NO
4	U52392WB2003PLC095975	ADHUNIK INFOTECH LIMITED	Director	09/04/2003	09/04/2003	30/03/2010	Active	NO
5	U65993WB1994PLC066223	SUNGROWTH SHARE and STOCKS LIMITED.	Director	28/07/2003	28/07/2003	-	Active	NO
6	L65921WB1979PLC032200	ADHUNIK INDUSTRIES LIMITED	Director	27/08/2003	27/08/2003	-	Active	NO
7	L28110OR2001PLC017271	ADHUNIK METALIKS LIMITED	Director	15/09/2003	15/09/2003	-	Active	NO
8	U51909WB1995PLC070966	MAHANANDA SUPPLIERS LIMITED.	Director	01/12/2004	01/12/2004	-	Active	NO
9	U40101WB2005PLC102934	NEEPAZ POWER LIMITED	Director	03/05/2005	03/05/2005	30/03/2010	Active	NO
10	U40101WB2005PLC102935	ADHUNIK POWER and NATURAL RESOURCES LIMITED	Director	03/05/2005	03/05/2005	-	Active	NO
11	U70101WB2005PLC105172	ADHUNIK SHRISTI and POWER TRADING COMPANY LIMITED	Director	21/09/2012	05/09/2005	30/03/2015	Active	NO
12	U27107WB1995PLC076049	FUTURISTIC STEEL LIMITED.	Managing director	01/04/2011	01/04/2006	23/08/2014	Active	NO
13	U27109OR2006PLC017026	ZION STEEL LIMITED	Director	16/08/2006	16/08/2006	-	Active	NO
14	U45203WB2006PLC111423	NEEPAZ INFRASTRUCTURE and DEVELOPERS LIMITED	Director	20/09/2006	20/09/2006	03/10/2008	Active	NO
15	U27104WB2003PLC096616	ADHUNIK ALLOYS and POWER LIMITED	Director	16/03/2007	16/03/2007	-	Active	NO
16	U13201OR1953PLC017027	ORISSA MANGANESE and MINERALS LIMITED	Director	05/04/2007	05/04/2007	-	Active	NO
17	U27109OR1991PLC002859	VEDVYAS ISPAT LIMITED	Additional director	15/08/2007	15/08/2007	-	Amalgamated	NO
18	U26942ML2003PLC007090	ADHUNIK CEMENT LIMITED	Director	01/12/2007	01/12/2007	28/09/2012	Active	NO
19	U14219WB2008PLC124324	VASUNDHRA RESOURCES LIMITED	Director	19/03/2008	19/03/2008	30/03/2010	Active	NO
20	U26959AS2008PLC008717	ADHUNIK MSP CEMENT (ASSAM) LIMITED	Director	26/06/2008	26/06/2008	30/03/2010	Active	NO
21	U14200AS2010PTC009783	SONAPAHAR NATURAL RESOURCES PRIVATE LIMITED	Director	26/02/2010	26/02/2010	-	Active	NO
22	U51909WB2006PLC108516	PERFORMANCE MARKETING LIMITED	Director	26/09/2011	02/04/2011	30/03/2015	Active	NO

KEY EXECUTIVES

Name :	Mr. Vikas modi
Designation :	Accounts manager

MAJOR SHAREHOLDERS

AS ON 29.09.2014

Names of Shareholders	No. of Shares
Mr. Jugal Kishore Agarwal	1230000
Mr. Ghanshyam Das Agarwal	1230000
Mr. Nirmal Kumar Agarwal	1230000
Mr. Mohan Lal Agarwal	1235903
Mr. Mahesh Kumar Agarwal	1230000
Mr. Manoj Kumar Agarwal	1229000
PANTHER Suppliers Private Limitred	290952
Aravali Agencies Private Limited, India	278571
Axis Commodities Private Limited, India	268809
Ramkali Dealers Private Limited, India	440476
Salasar Lohh Products Limited, India	1328571
Total	9992282

Equity Share Break up (Percentage of Total Equity)

AS ON 29.09.2014

Category	Percentage
Bodies corporate	26.09
Directors or relatives of Directors	73.91
Total	100.00

BUSINESS DETAILS

Line of Business :	Subject is engaged into Non-banking Financial Company and is primarily engaged in Investment in Shares and Securities. (Registered Activity and also Confirmed by Management)
Products :	--
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Available
Imports :	Not Available
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 :

1000 (Approximately)

Bankers :

Bank Name	State Bank of India
Branch	Kolkata, West Bengal, India
Person Name (With Designation)	Not Available
Contact Number	Not Available
Name of Account Holder	Not Available
Account Number	Not Available
Account Since (Date/Year of Account Opening)	Not Available
Average Balance Maintained (If Possible)	Not Available
Credit Facilities Enjoyed (If any)	Not Available
Account Operation	Not Available
Remarks (If any)	Not Available

Auditors :
Name :	N.D. Mimani and Associates Chartered Accountants
Address :	29B, 3rd Floor, Rabindra Sarani, Road No. 23 West, Kolkata, West Bengal - India
Tel. No.:	91-33-30210668
Fax No.:	91-33-22351229
E-Mail :	mimanind@yahoo.co.in cajyoti@yahoo.co.in
PAN No. of Auditors Firm:	AAGFN9393P
Memberships :	Not Divulged
Collaborators :	Not Divulged
Associates/Subsidiaries :	· Sungrowth Share and Stocks Limited · Adhunik Steels Limited

CAPITAL STRUCTURE

AS ON 29.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
10,000,000	Equity Shares	Rs.10/- each	Rs. 100.000 Million

Issued, Subscribed and Paid-up Capital :

No. of Shares	Type	Value	Amount
9,992,282	Equity Shares	Rs.10/- each	Rs. 99.923 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	99.923	99.923	99.923
(b) Reserves and Surplus	1367.653	1367.906	1351.608
(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)	1467.576	1467.829	1451.531
(3) Non-Current Liabilities
(a) long-term borrowings	0.000	0.000	0.000
(b) Deferred tax liabilities (Net)	0.008	0.012	0.020
(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)	0.008	0.012	0.020
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	0.179	0.124	0.135
(c) Other current liabilities	966.012	965.946	12.717
(d) Short-term provisions	0.000	0.000	0.000
Total Current Liabilities (4)	966.191	966.070	12.852
TOTAL	2433.775	2433.911	1464.403
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	0.025	0.042	0.071
(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	2331.551	2331.551	1367.332
(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	2331.576	2331.593	1367.403
(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	5.245	5.364	13.296
(e) Short-term loans and advances	96.740	96.740	83.490
(f) Other current assets	0.214	0.214	0.214
Total Current Assets	102.199	102.318	97.000
TOTAL	2433.775	2433.911	1464.403

PROFIT and LOSS ACCOUNT

	PARTICULARS	31.03.2014	31.03.2013	31.03.2012
	TOTAL INCOME	0.000	16.600	44.990
Less	EXPENSES
	Employees benefits expense	0.108	0.108	0.117
	Other expenses	0.132	0.120	0.103
	TOTAL EXPENSES	0.240	0.228	0.220
	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION	(0.240)	16.372	44.770
Less	FINANCIAL EXPENSES	0.000	0.000	0.000
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION	(0.240)	16.372	44.770
Less	DEPRECIATION/ AMORTISATION	0.017	0.028	0.047
	PROFIT/ (LOSS) BEFORE TAX	(0.257)	16.344	44.723
Less	TAX	(0.005)	0.046	(0.012)
	PROFIT/ (LOSS) AFTER TAX	(0.252)	16.298	44.735
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD	167.521	154.725	119.146
Less	TRANSFER TO RESERVE U/S 45-IC RESERVE BANK OF INDIA	0.000	3.260	8.947
	TRANSFER TO CONTINGENT PROVISION AGAINST STANDARD ASSETS	0.242	0.242	0.209
	BALANCE CARRIED TO THE BALANCE SHEET	167.027	167.521	154.725
	EARNINGS / (LOSS) PER SHARE (RS.)	(0.03)	1.63	3.58

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	NA	NA	NA
Cash generated from (Used) operations	NA	NA	NA
Cash generated from Operating Activities	NA	NA	NA

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	NA	98.18	99.43
Operating Profit Margin (PBIDT/Sales)	(%)	NA	98.63	99.51
Return on Total Assets (PBT/Total Assets}	(%)	(0.25)	15.97	46.07
Return on Investment (ROI) (PBT/Networth)		0.00	0.01	0.03
Current Ratio (Current Asset/Current Liability)		0.11	0.11	7.55

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	99.923	99.923	99.923
Reserves and Surplus	1351.608	1367.906	1367.653
Net worth	1451.531	1467.829	1467.576
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	44.990	16.600	0.000
		(63.103)	(100.000)

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	44.990	16.600	0.000
Profit/ Loss	44.735	16.298	(0.252)
	99.43%	98.18%	--

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	Yes
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	Yes
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	Yes
17	Details of sister concerns	Yes
18	Major suppliers	No
19	Major customers	No
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	No
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	Yes
35	Negative Reporting by Auditors in the Annual Report	No

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10563421	27/02/2015	300,000,000.00	IL & FS FINANCIAL SERVICES LIMITED	II and FS FINANCIAL CENTRE, PLOT NO C-22 G BLOCK, BANDRA KURLA COMPLEX BANDRA E, MUMBAI -  400051, MAHARASHTRA, INDIA	C50882802
2	10551081	07/01/2015	1,200,000,000.00	SBICAP TRUSTEE COMPANY LIMITED	202, MAKER TOWER, 'E', CUFFE PARADE, COLABA, MUMBAI - 400005, MAHARASHTRA, INDIA

FIXED ASSETS

• Land and Building
• Furniture’s and Fixtures
• Office Equipment
• Computer
• Vehicles

CMT REPORT (Corruption, Money Laundering and 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. 66.65
UK Pound	1	Rs. 99.61
Euro	1	Rs. 72.33

INFORMATION DETAILS

Information Gathered by :	KMN
Analysis Done by :	KRN
Report Prepared by :	SYL

SCORE and RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	2
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	--
--PROFITABILITY	1~10	--
--LIQUIDITY	1~10	4
--LEVERAGE	1~10	4
--RESERVES	1~10	4
--CREDIT LINES	1~10	4
--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		26

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 and 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.