MIRA INFORM REPORT

Report No. :	306124
Report Date :	04.02.2015

IDENTIFICATION DETAILS

Name :	UNITECH MACHINES LIMITED
Registered Office :	806, Devika Tower, 6 Nehru Place, New Delhi – 110019
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	28.02.1986
Com. Reg. No.:	55-023498
Capital Investment / Paid-up Capital :	Rs.369.267 Millions
CIN No.: [Company Identification No.]	U34300DL1986PLC023498
TIN No.:	Not Available
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	DELU02048E
PAN No.: [Permanent Account No.]	AAACU0313P
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Manufacturer of Automobile Lighting and Signaling Equipments, Heavy Engineering Items and undertaking the Turnkey installation of Piping Systems, Fire Fighting Systems etc.
No. of Employees :	1500 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (45)

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 5510000
Status :	Satisfactory
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track record. There seems some dip in the turnover and profit of the company during FY 2014 however, net worth of the company is satisfactory. General financial position of the company is normal and acceptable for business dealings. Trade relations are reported as fair. Business is active. Payment terms are reported to be slow but correct. The company can be considered normal for business dealings at usual 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 – December 31, 2014

Country Name	Previous Rating (30.09.2014)	Current Rating (31.12.2014)
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	INDIA RATING
Rating	Long Term Issuer Rating = BBB
Rating Explanation	Moderate degree of safety. It carry moderate credit risk.
Date	December 2014

RBI DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2014.

INFORMATION PARTED BY

Name :	Mr. Pankaj Singal
Designation :	Senior Manager Accounts
Contact No.:	91-124-4326555
Date :	02.02.2015

LOCATIONS

Registered Office :	806, Devika Tower, 6 Nehru Place, New Delhi – 110019, India
Tel. No.:	91-11-41077544/ 26772287
Fax No.:	Not Available
E-Mail :	umcsdsc@the-umgroup.com
Website :	www.unitechmachines.com
Location :	Owned
Locality :	Commercial
Corporate Office :	Plot No. 35 P, Sector-44, Gurgaon - 122002, Haryana, India
Tel. No.:	91-124-4326555/ 4326444
Fax No.:	91-124-4326500/326400 / 4326400/ 4326500
E-Mail :	info@the-umgroup.com marketing@unitechmachines.com
Factory 1 :	10^th K. M., Delhi Road, Saharanpur – 247451, Uttar Pradesh, India
Tel. No.:	91-132-2760347
Fax No.:	91-132-2760346
Area :	4000 Sq. Mtrs
Location :	Owned
Factory 2 :	Located At Bhagwanpur, Uttar Pradesh, India

DIRECTORS

As on 30.09.2013

Name :

Mr. Verinder Kumar Chhabra

Designation :

Director

Address :

60 Prakriti Marg, Mehrauli Gurgaon Road, Delhi – 110030, India

Date of Birth/Age :

11.06.1949

Qualification :

Diploma in Electrical Engineering

Date of Appointment :

01.07.2011

PAN No.:

AADPC3635J

Voter ID No.:

YR12048882

DIN No.:

00096937

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	U51211UP1972PTC003620	UNITECH ENGINEERS PRIVATE LIMITED	Director	09/10/1972	09/10/1972	-	Strike off	NO
2	U34300DL1986PLC023498	UNITECH MACHINES LIMITED	Managing director	01/07/2011	28/02/1986	-	Active	NO
3	U74899DL1994PTC061511	SAB HOLDINGS (INDIA) PRIVATE LIMITED	Director	14/09/1994	14/09/1994	-	Active	NO
4	U72200DL1998PLC096636	UNITECH SOFTWARE SOLUTIONS LIMITED	Director	12/10/1998	12/10/1998	-	Active	NO
5	L30103HR1983PLC026142	OMAX AUTOS LIMITED	Director	01/03/2002	01/03/2002	-	Active	NO
6	U92132DL2002PLC116746	UNITECH INDRAPRASTHA TV LIMITED	Director	28/08/2002	28/08/2002	-	Active	NO
7	U15209MH2003PTC255426	GOOD-DAY FOODS Private Limited	Director	09/07/2003	09/07/2003	25/07/2013	Active	NO
8	U51909DL1996PTC075727	TECHNO TREXIM (INDIA) PRIVATE LIMITED	Director	10/07/2003	10/07/2003	06/08/2014	Active	NO
9	U74140DL2005PTC138859	UM CORPORATE AND MANAGEMENT SERVICES PRIVATE LIMITED	Director	19/07/2005	19/07/2005	20/02/2012	Active	NO
10	U27310PB1989PLC008991	RICO CASTINGS LIMITED	Director	29/09/2007	28/06/2007	10/06/2009	Active	NO
11	U45200HR2008FTC037878	NOHMI BOSAI (INDIA) PRIVATE LIMITED	Managing director	22/07/2011	29/04/2008	18/02/2014	Active	NO
12	U32204HR2008PTC046212	MAGNETI MARELLI UM ELECTRONIC SYSTEMS PRIVATE LIMITED	Director	31/10/2008	31/10/2008	-	Active	NO
13	U35990DL2010PTC202385	ALPHA MAIER PRIVATE LIMITED	Director	07/05/2010	07/05/2010	15/12/2011	Active	NO
14	U40101HR2010PLC040909	Omax Engineering Services Limited	Director	31/12/2011	15/07/2010	-	Active	NO
15	U40106DL2010PTC206775	UM Solar Power Private Limited	Director	06/08/2010	06/08/2010	17/04/2013	Active	NO
16	U40106DL2010PLC210042	UM POWER LIMITED	Director	01/11/2010	01/11/2010	06/08/2014	Active	NO
17	U40200DL2011PLC218201	UM URJA LIMITED	Director	28/04/2011	28/04/2011	-	Active	NO
18	U60200DL2010PTC202344	BEE CEE LOGISTIC PRIVATE LIMITED	Director	30/09/2014	07/01/2014	-	Active	NO
19	U32201DL2014PTC266730	FUNTAM TE (INDIA) PRIVATE LIMITED	Director	21/03/2014	21/03/2014	-	Active	NO

Name :

Mr. Sushant Chhabra

Designation :

Managing Director

Address :

60 Prakriti Marg, Mehrauli Gurgaon Road, Delhi – 110030, India

Date of Birth/Age :

26.06.1974

Date of Appointment :

01.10.2012

PAN No.:

ABOPC3487A

Voter ID No.:

YR12048890

DIN No.:

00096771

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	U74899DL1994PTC061511	SAB HOLDINGS (INDIA) PRIVATE LIMITED	Director	14/09/1994	14/09/1994	-	Active	NO
2	U74899DL1995PTC072548	TECHNO AUTO COMPONENTS (INDIA) PRIVATE LIMITED	Director	19/09/1995	19/09/1995	06/08/2014	Active	NO
3	U51909DL1996PTC075727	TECHNO TREXIM (INDIA) PRIVATE LIMITED	Director	24/01/1996	24/01/1996	06/08/2014	Active	NO
4	U72200DL1998PLC096636	UNITECH SOFTWARE SOLUTIONS LIMITED	Director	12/10/1998	12/10/1998	-	Active	NO
5	U72200DL2000PTC106890	UM INFRATEL PRIVATE LIMITED	Director	19/07/2000	19/07/2000	-	Active	NO
6	U92132DL2002PLC116746	UNITECH INDRAPRASTHA TV LIMITED	Director	28/08/2002	28/08/2002	-	Active	NO
7	U15209MH2003PTC255426	GOOD-DAY FOODS Private Limited	Director	09/07/2003	09/07/2003	25/07/2013	Active	NO
8	U34300DL1986PLC023498	UNITECH MACHINES LIMITED	Managing director	01/10/2012	03/09/2004	-	Active	NO
9	U74999DL2004PTC129474	UNIMECH INVESTMENTS PRIVATE LIMITED	Director	28/09/2004	28/09/2004	-	Active	NO
10	U74899DL1972PLC108312	TRADING ENGINEERS (INTERNATIONAL) LIMITED	Director	15/10/2004	15/10/2004	-	Active	NO
11	U50300DL2004PTC131701	ATL AUTOCOMP PRIVATE LIMITED	Director	30/12/2004	30/12/2004	22/02/2007	Active	NO
12	U45201DL2005PTC136213	UM INFRASTRUCTURE AND DEVELOPERS PRIVATE LIMITED	Director	13/05/2005	13/05/2005	-	Active	NO
13	U74140DL2005PTC138859	UM CORPORATE AND MANAGEMENT SERVICES PRIVATE LIMITED	Director	19/07/2005	19/07/2005	20/02/2012	Active	NO
14	U45101DL2006PLC148306	UM ARCHITECHTURES AND CONTRACTORS LIMITED	Director	30/03/2006	30/03/2006	30/04/2008	Active	NO
15	U74899DL1978PLC093797	ALPHA TOYO LIMITED	Director	29/09/2007	27/01/2007	-	Active	NO
16	U29110MH2007PTC243926	TR TECHNICAL RESOURCES INDIA PRIVATE LIMITED	Director	19/12/2007	19/12/2007	01/05/2010	Active	NO
17	U32204HR2008PTC046212	MAGNETI MARELLI UM ELECTRONIC SYSTEMS PRIVATE LIMITED	Director	31/10/2008	31/10/2008	-	Active	NO
18	U45200HR2008FTC037878	NOHMI BOSAI (INDIA) PRIVATE LIMITED	Director	10/06/2009	19/11/2008	18/02/2014	Active	NO
19	U50401JK2004PTC002447	J AND K AUTOMOBILES PRIVATE LIMITED	Director	28/09/2010	19/11/2009	-	Active	NO
20	U35990DL2010PTC202385	ALPHA MAIER PRIVATE LIMITED	Director	07/05/2010	07/05/2010	-	Active	NO
21	U40106DL2010PTC206775	UM Solar Power Private Limited	Director	06/08/2010	06/08/2010	17/04/2013	Active	NO
22	U40106DL2010PLC210042	UM POWER LIMITED	Managing director	30/09/2013	01/11/2010	06/08/2014	Active	NO
23	U31500DL2010PTC210780	UM GREEN LIGHTING PRIVATE LIMITED	Director	26/11/2010	26/11/2010	-	Active	NO
24	U40200DL2011PLC218201	UM URJA LIMITED	Director	28/04/2011	28/04/2011	-	Active	NO
25	U74899DL1983PLC093808	NIKKO AUTO LIMITED	Director	30/09/2013	30/03/2013	-	Active	NO
26	U32201DL2014PTC266730	FUNTAM TE (INDIA) PRIVATE LIMITED	Director	21/03/2014	21/03/2014	-	Active	NO

Name :

Mr. Jatinder Kumar Mehta

Designation :

Director

Address :

C -762 , New Friends Colony, Delhi – 110065, India

Date of Birth/Age :

11.04.1949

Date of Appointment :

12.10.1990

DIN No.:

00028207

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	L30103HR1983PLC026142	OMAX AUTOS LIMITED	Managing director	01/01/2006	28/10/1983	-	Active	NO
2	U34300DL1986PLC023498	UNITECH MACHINES LIMITED	Director	12/10/1990	12/10/1990	-	Active	NO
3	U32204DL1985PLC020988	LIFELONG INDIA LIMITED	Director	03/02/1995	03/02/1995	-	Active	NO
4	U35921PB1999PTC022219	OMAX BIKES Private LIMITED	Director	09/02/1999	09/02/1999	-	Under Process of Striking off	NO
5	U85110DL2002PLC116251	LIFELONG MEDITECH LIMITED	Director	19/07/2002	19/07/2002	-	Active	NO
6	U74220HR2004NPL035339	GURGAON TECHNICAL DEVELOPMENT CENTRE FOR EXCELLENCE	Director	17/03/2004	17/03/2004	-	Active	NO
7	U27100PB2004PLC027607	OMAX STEELS LIMITED	Director	02/11/2004	02/11/2004	15/03/2007	Active	NO
8	U99999DL1959PLC176013	AUTOMOTIVE COMPONENT MANUFACTURERS ASSOCIATION OF INDIA	Director	08/09/2006	08/09/2006	06/09/2011	Active	NO
9	U45206HR2006PLC036476	OAL ENERGY & INFRASTRUCTURE LIMITED	Director	04/12/2006	04/12/2006	-	Strike off	NO
10	U45400HR2007PTC037085	HARIDWAR ESTATES PRIVATE LIMITED	Director	06/08/2007	06/08/2007	-	Active	NO
11	U72200HR2008PTC038145	CONTECH INFOSYSTEMS PRIVATE LIMITED	Director	08/07/2008	08/07/2008	-	Strike off	NO
12	U74200DL2009PTC195360	SUKRITI DESIGNS PRIVATE LIMITED	Director	20/10/2009	20/10/2009	20/07/2011	Active	NO
13	U40101HR2010PLC040909	Omax Engineering Services Limited	Director	31/12/2011	15/07/2010	-	Active	NO
14	U34300HR2011PLC044147	GMAX AUTO LIMITED	Director	20/10/2011	20/10/2011	-	Active	NO

Name :

Mr. Arvind Kapoor

Designation :

Director

Address :

181-C, Western avenue Sainiik Farms New Delhi – 110062, India

Date of Birth/Age :

05.07.1950

Date of Appointment :

23.10.1987

DIN No.:

00096308

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	U27105PB1983PTC005332	KAPSONS ASSOCIATES INVESTMENTS PRIVATE LIMITED	Director	07/03/1983	07/03/1983	-	Active	NO
2	L34300HR1983PLC023187	RICO AUTO INDUSTRIES LIMITED	Managing director	17/12/2014	10/03/1983	-	Active	NO
3	U34300DL1986PLC023498	UNITECH MACHINES LIMITED	Director	23/10/1987	23/10/1987	-	Active	NO
4	U34300HR1997PLC035283	FCC RICO LIMITED	Director	27/02/1997	27/02/1997	23/12/2014	Active	NO
5	U67120DL2001PTC110707	KDB INVESTMENTS PRIVATE LIMITED	Director	04/05/2001	04/05/2001	-	Active	NO
6	U74899DL1990PTC038893	HIGAIN INVESTMENTS PRIVATE LIMITED	Director	11/08/2001	11/08/2001	-	Active	NO
7	U99999DL1959PLC176013	AUTOMOTIVE COMPONENT MANUFACTURERS ASSOCIATION OF INDIA	Director	02/09/2003	02/09/2003	05/09/2013	Active	NO
8	U34360DL1987PLC029553	SANDHAR TECHNOLOGIES LIMITED	Director	01/10/2005	01/10/2005	-	Active	NO
9	U70101DL1996PTC077415	MAGPIE PROPERTIES PRIVATE LIMITED	Director	01/11/2006	01/11/2006	-	Active	NO
10	U29253HR2007PLC036910	UTTARAKHAND AUTOMOTIVES LIMITED	Director	04/06/2007	04/06/2007	01/04/2009	Active	NO
11	U34200HR2007PLC037021	Rico Jinfei Wheels Limited	Director	16/07/2007	16/07/2007	-	Active	NO
12	U45400HR2007PTC037085	HARIDWAR ESTATES PRIVATE LIMITED	Director	06/08/2007	06/08/2007	-	Active	NO
13	U74120HR2007PLC037192	RASA AUTOCOM LIMITED	Director	05/09/2007	05/09/2007	01/04/2009	Active	NO
14	U22300HR2007PLC037454	OCTAN MEDIA LIMITED	Director	10/12/2007	10/12/2007	-	Active	NO
15	U74900HR2008PTC037519	Continental Automotive Brake Systems (I) Private Limited	Nominee director	03/01/2008	03/01/2008	09/03/2012	Active	NO
16	U34300HR2008PLC037956	RAA AUTOCOM LIMITED	Director	27/05/2008	27/05/2008	01/04/2009	Active	NO
17	U72200HR2008PTC038145	CONTECH INFOSYSTEMS PRIVATE LIMITED	Director	08/07/2008	08/07/2008	-	Strike off	NO
18	U51109DL2007PTC168447	RAASAA RETAIL PRIVATE LIMITED	Director	30/09/2010	20/03/2010	-	Active	NO
19	U70200DL2011PTC220727	ASN PROPERTIES PRIVATE LIMITED	Director	10/06/2011	10/06/2011	-	Active	NO
20	U35990DL2010PTC202385	ALPHA MAIER PRIVATE LIMITED	Director	12/06/2012	17/02/2012	-	Active	NO
21	U65923HR2015PLC054211	RICO INVESTMENTS LIMITED	Director	07/01/2015	07/01/2015	-	Active	NO

Name :

Mrs. Nargis Malik

Designation :

Director

Address :

Rainbow School Compound, Chander Nagar , Saharanpur – 247001, Uttar Pradesh, India

Date of Birth/Age :

08.04.1939

Date of Appointment :

08.12.2000

DIN No.:

00146661

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	U51211UP1972PTC003620	UNITECH ENGINEERS PRIVATE LIMITED	Director	09/10/1972	09/10/1972	-	Strike off	NO
2	U34300DL1986PLC023498	UNITECH MACHINES LIMITED	Director	08/12/2000	08/12/2000	-	Active	NO
3	U74899DL1972PLC108312	TRADING ENGINEERS (INTERNATIONAL) LIMITED	Director	24/09/2007	01/10/2006	-	Active	NO

Name :

Mr. Shashank Bhagat

Designation :

Director

Address :

9, Link Road, Jangpura Extension, New Delhi - 110014, India

Date of Birth/Age :

21.05.1969

Date of Appointment :

24.09.2007

DIN No.:

00254309

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	L15520DL1945PLC162518	BHAGAT INDUSTRIAL CORPORATION LIMITED	Director	25/07/1994	25/07/1994	-	Active	NO
2	L65921DL1983PLC016509	BRITE LEASING AND FINANCE LIMITED	Director	29/07/1994	29/07/1994	-	Active	NO
3	U22110MH1984PTC031783	B I PUBLICATIONS PRIVATE LIMITED	Managing director	08/08/1994	08/08/1994	-	Active	NO
4	U22212DL1957PTC002866	UNITED INDIA PERIODICAL PRIVATE LIMITED	Director	20/10/1994	20/10/1994	-	Active	NO
5	U80901MH1935PTC002285	THE BRITISH INSTITUTE OF ENGG TECHNOLOGY (INDIA) PRIVATE LIMITED	Director	28/09/2009	20/10/1994	-	Active	NO
6	U24119DL1987PLC019340	DIGVIJAY CHEMICALS LIMITED	Director	30/01/2013	14/06/1996	12/08/2013	Active	NO
7	U22219WB1965PTC026437	BIERMANS CARD CO PRIVATE LIMITED	Director	18/12/2001	18/12/2001	-	Active	NO
8	U74899DL1971PTC005525	TECHNOCRAT ELECTRONIC CONTROLS PRIVATE LIMITED	Director	24/12/2001	24/12/2001	-	Active	NO
9	U70102DL1993PTC056059	B I WAVERLY PRIVATE LIMITED	Director	09/01/2002	09/01/2002	-	Active	NO
10	U70101PB1981PTC004581	LORD PROPERTIES PRIVATE LIMITED	Director	10/01/2002	10/01/2002	11/04/2008	Active	NO
11	U22222DL1986PTC025385	JOHN TINSON AND COMPANY PRIVATE LIMITED	Director	14/01/2002	14/01/2002	-	Active	NO
12	U74899DL1990PTC038839	MARINA DEVELOPERS PRIVATE LIMITED	Director	15/03/2002	15/03/2002	-	Active	NO
13	U72900DL2006PTC147647	eTomato Consulting Private Limited	Director	17/03/2006	17/03/2006	13/02/2008	Active	NO
14	U70100CH2005PTC030897	RADIANT BUILDCON PRIVATE LIMITED	Director	23/05/2006	23/05/2006	07/01/2011	Active	NO
15	U34300DL1986PLC023498	UNITECH MACHINES LIMITED	Director	24/09/2007	19/06/2007	-	Active	NO
16	U15500PB2010PTC034451	BHAGAT SPIRITS PRIVATE LIMITED	Director	26/11/2010	26/11/2010	12/08/2013	Active	NO
17	U74900DL2013PTC254043	Ingram-B.i. Private Limited	Managing director	18/06/2013	18/06/2013	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Pankaj Singal
Designation :	Senior Manager Accounts
Name :	Mr. Rajesh Ramnani
Designation :	Company Secretary
Address :	D-44, 2^nd Floor, Naraina Vihar, New Delhi-110008, India
Date of Birth/Age :	15.08.1968
Date of Appointment :	16.06.2008
PAN No.:	AEQPR3433N
Voter ID No.:	SMM0890483

MAJOR SHAREHOLDERS

As on 30.09.2013

Names of Shareholders	No. of Shares
Verinder Kumar Chhabra	11962622
Sushant Chhabra	12158550
Bala Chhabra	1253168
SAB Holdings (India) Private Limited, India	4848930
Techno Auto Components (India) Private Limited, India	1117245
Instronics Limited, India	1971609
Gessup Logistics and Finance Private Limited, India	2642556
Jatender Kumar Mehta	1200
Mithlesh Kumar Agnihotri	1200
Surendra Pal Saini	1200
Satish Kumar Gupta	1200
Suresh Shetty	1200
Renu Munjal	1200
Total	35961880

Equity Share Break up (Percentage of Total Equity)

As on 30.09.2013

Category	Percentage
Bodies corporate	29.42
Directors or relatives of Directors	70.56
Other top fifty shareholders	0.02
Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer of Automobile Lighting and Signaling Equipments, Heavy Engineering Items and undertaking the Turnkey installation of Piping Systems, Fire Fighting Systems etc.
Products :	· Automobile Lighting and Signaling Equipments · Heavy Engineering Items · Turnkey installation of Piping Systems · Fire Fighting Systems
Brand Names :	--
Agencies Held :	--
Exports :
Products :	Finished Goods
Countries :	Turkey
Imports :
Products :	Auto Parts
Countries :	· European Countries · Thailand · US
Terms :
Selling :	L/C and Credit
Purchasing :	L/C and Credit

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
Experience :	Not Divulged
Maximum Limit Dealt :	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
Experience :	Not Divulged
Maximum Limit Dealt :	Not Divulged
Remark :	Not Divulged

No. of Employees :

1500 (Approximately)

Bankers :

· Corporation Bank, Corporate Banking Branch, H.T. House, 10Th Floor, K.G. Marg Connaught Place, New Delhi - 110001, India

· HDFC Bank Limited, HDFC Bank House Senapati Bapat Marg, Lower Parel West, Mumbai - 400013, Maharashtra, India

· ICICI Bank Limited, Land Mark Racecourse Circle, Alkapuri, Baroda - 390015, Gujarat, India

· Standard Chartered Bank, Credit Risk Control, Narain Manzil, 23 Barakhamba Road, New Delhi - 110001, India

· DBS Bank Limited, Upper Ground Floor, Birla Tower, 25, Barakhamba Road, New Delhi - 110001, India

Facilities :

SECURED LOANS	31.03.2014 Rs. In Millions	31.03.2013 Rs. In Millions
LONG TERM BORROWINGS
Rupee term loans from banks	NA	1036.504
Rupee term loans from others	NA	24.596
SHORT-TERM BORROWINGS
Loans repayable on demand from banks	NA	1387.457
Total	NA	2448.557

Auditors :
Name :	Wahi and Company Chartered Accountants
Address :	K-1, Kailash Colony, New Delhi - 110048, India
PAN No.:	AAAFW0375N
Memberships :	--
Collaborators :	--
Subsidiaries :	· UM Power Limited CIN No.: U40106DL2010PLC210042 · Alpha Maier Private Limited CIN No.: U35990DL2010PTC202385 · UM Green Lighting Private Limited CIN No.: U31500DL2010PTC210780 · UM Corporate and Management Services Private Limited · UM Urja Limited
Joint Ventures :	· Unitech Nohmi Fire Protection System Private Limited CIN No.: U45200HR2008FTC037878 · Magneti Marelli UM Electronic Systems Private Limited CIN No.: U32204HR2008PTC046212
Associate :	· ESS ENN Autotech Private Limited CIN No.: U35999DL2008PTC178973 · Alpha Toyo Limited CIN No.: U74899DL1978PLC093797 · Nikko Auto Limited CIN No.: U74899DL1983PLC093808 · Gessup Logistics and Finance Private Limited CIN No.: U51909DL1994PTC061886 · Instronics Limited CIN No.: U65993DL1984PLC017728 · UM Solar Power Private Limited CIN No.: U40106DL2010PTC206775 · Bee Cee Logistic Private Limited CIN No.: U60200DL2010PTC202344 · Unitech Software Solutions Limited CIN No.: U72200DL1998PLC096636 · Trading Engineers (International) Limited CIN No.: U74899DL1972PLC108312 · Techno Auto Components (I) Private Limited CIN No.: U74899DL1995PTC072548 · Techno Trexim (I) Private Limited CIN No.: U51909DL1996PTC075727 · Unitech Indraprastha TV Limited · Unitech Indraprastha TV Limited · UM Infratel Private Limited · Sab Holdings (India) Private Limited

CAPITAL STRUCTURE

As on 31.03.2014

Authorised Capital : Not Available

Issued, Subscribed & Paid-up Capital : Rs.369.267 Millions

As on 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
50000000	Equity Shares	Rs.10/- each	Rs.500.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
35961880	Equity Shares	Rs.10/- each	Rs.359.619 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

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	369.267	359.619	300.000
(b) Reserves & Surplus	1,559.251	1,346.114	1,040.999
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000	200.000
Total Shareholders’ Funds (1) + (2)	1,928.518	1,705.733	1,540.999
(3) Non-Current Liabilities
(a) long-term borrowings	1,331.155	1,361.100	1,119.557
(b) Deferred tax liabilities (Net)	259.628	239.615	196.020
(c) Other long term liabilities	20.862	12.830	12.830
(d) long-term provisions	7.216	6.049	16.439
Total Non-current Liabilities (3)	1,618.861	1,619.594	1,344.846
(4) Current Liabilities
(a) Short term borrowings	2,005.256	2,100.134	1,974.490
(b) Trade payables	1,924.069	1,624.293	1,602.219
(c) Other current liabilities	956.124	870.151	858.976
(d) Short-term provisions	8.216	37.036	124.712
Total Current Liabilities (4)	4,893.665	4,631.614	4,560.397
TOTAL	8,441.044	7,956.941	7,446.242
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	2,328.137	2,363.962	2,055.090
(ii) Intangible Assets	5.809	9.703	14.280
(iii) Capital work-in-progress	46.881	2.935	89.525
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	382.608	392.708	320.894
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	112.122	44.748	43.670
(e) Other Non-current assets	517.891	824.738	715.580
Total Non-Current Assets	3,393.448	3,638.794	3,239.039
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	747.535	817.162	1,390.511
(c) Trade receivables	2,152.576	1,653.767	1,891.590
(d) Cash and cash equivalents	242.143	133.707	126.643
(e) Short-term loans and advances	564.976	437.990	476.790
(f) Other current assets	1,340.366	1,275.521	321.669
Total Current Assets	5,047.596	4,318.147	4,207.203
TOTAL	8,441.044	7,956.941	7,446.242

PROFIT & LOSS ACCOUNT

	PARTICULARS			31.03.2014	31.03.2013	31.03.2012
	SALES
		Income		6,234.704	7,049.155	7,579.048
		Other Income		173.530	146.958	37.808
		TOTAL (A)		6,408.234	7,196.113	7,616.856
Less	EXPENSES
		Cost of Materials Consumed		3,674.200	3,715.907	3,775.513
		Purchase of Stock-in-trade		451.467	675.744	1,221.794
		Changes in Inventories of finished goods, work-in-progress and stock-in-trade		(29.656)	389.014	(139.186)
		Employee Benefits Expenses		260.066	226.822	319.903
		Other Expenses		1,146.910	1,198.038	1,529.013
		Exceptional Items		(5.487)	0.000	0.000
		TOTAL (B)		5,497.500	6,205.525	6,707.037
	PROFIT/(LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)			910.734	990.588	909.819
Less	FINANCIAL EXPENSES (D)			658.104	666.545	593.509
	PROFIT/(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)			252.630	324.043	316.310
Less	DEPRECIATION/ AMORTISATION (F)			203.996	160.655	158.240
	PROFIT/(LOSS) BEFORE TAX (E-F) (G)			48.634	163.388	158.070
Less	TAX (H)			20.843	45.981	37.132
	PROFIT/(LOSS) AFTER TAX (G-H) (I)			27.791	117.407	120.938
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD			939.014	941.280	820.969
Add	EARLIER YEAR EXCESS PROPOSED DIVIDEND AND DIVIDEND DISTRIBUTION TAX			NA	0.327	(0.627)
Less	APPROPRIATIONS
			Transfer to General Reserve	NA	120.000	0.000
			Dividend	NA	0.000	0.000
			Tax on Dividend	NA	0.000	0.000
	BALANCE CARRIED TO THE B/S			NA	939.014	941.280
	Earnings / (Loss) Per Share (Rs.)			0.77	3.86	4.03

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT/Sales)	(%)	0.45	1.67	1.60
Operating Profit Margin (PBDIT/Sales)	(%)	14.61	14.05	12.00
Return on Total Assets (PBT/Total Assets}	(%)	0.61	2.16	2.25
Return on Investment (ROI) (PBT/Networth)		0.03	0.10	0.10
Debt Equity Ratio (Total Debt /Networth)		1.73	2.03	2.01
Current Ratio (Current Asset/Current Liability)		1.03	0.93	0.92

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particular	31.03.2012	31.03.2013	31.03.2014
	Rs. In Millions	Rs. In Millions	Rs. In Millions
Share Capital	300.000	359.619	369.267
Reserves & Surplus	1040.999	1346.114	1559.251
Share Application money pending allotment	200.000	0.000	0.000
Net worth	1540.999	1705.733	1928.518
Long Term borrowings	1119.557	1361.100	1331.155
Short Term borrowings	1974.490	2100.134	2005.256
Total borrowings	3094.047	3461.234	3336.411
Debt/Equity ratio	2.008	2.029	1.730

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2012	31.03.2013	31.03.2014
	Rs. In Millions	Rs. In Millions	Rs. In Millions
Sales	7,579.048	7,049.155	6,234.704
		(6.992)	(11.554)

NET PROFIT MARGIN

Net Profit Margin	31.03.2012	31.03.2013	31.03.2014
	Rs. In Millions	Rs. In Millions	Rs. In Millions
Sales	7,579.048	7,049.155	6,234.704
Profit	120.938	117.407	27.791
	1.60%	1.67%	0.45%

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check List by Info Agents	Available in Report (Yes / No)
1]	Year of Establishment	Yes
2]	Locality of the firm	Yes
3]	Constitutions of the firm	Yes
4]	Premises details	No
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	Yes
8]	No. of employees	Yes
9]	Name of person contacted	Yes
10]	Designation of contact person	Yes
11]	Turnover of firm for last three years	Yes
12]	Profitability for last three years	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	Yes
20]	Export / Import details (if applicable)	Yes
21]	Market information	----------
22]	Litigations that the firm / promoter involved in	----------
23]	Banking Details	Yes
24]	Banking facility details	Yes
25]	Conduct of the banking account	----------
26]	Buyer visit details	----------
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	Yes
30]	Major Shareholders, if available	Yes
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	No
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	Yes

UNSECURED LOANS:

Particulars	31.03.2014 Rs. In Millions	31.03.2013 Rs. In Millions
LONG TERM BORROWINGS
Rupee term loans from banks	NA	125.000
Other loans and advances	NA	175.000
SHORT-TERM BORROWINGS
Loans repayable on demand from banks	NA	239.133
Loans repayable on demand from others	NA	473.544
Total	NA	1012.677

INDEX OF CHARGE:

Sr. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10543676	14/01/2015	1,150,000,000.00	Yes Bank Limited	9th Floor, Nehru Centre, Discovery Of India,, Dr.  Annie Besant Road, Worli,, Mumbai, Maharashtra -  400018, India	C40765588
2	10525040	23/09/2014	2,550,000.00	Siemens Financial Services Private Limited	130, Pandurang Budhkar Marg,, Worli, Mumbai, Maharashtra - 400018, India	C28792810
3	10529564	06/09/2014	40,000,000.00	The Ratnakar Bank Limited	Shahupuri,Kolhapur,, Kolhapur, Maharashtra - 416001, India	C32546830
4	10529568	06/09/2014	40,000,000.00	The Ratnakar Bank Limited	Shahupuri,Kolhapur,, Kolhapur, Maharashtra - 416001, India	C32548711
5	10533752	06/09/2014	270,000,000.00	The Ratnakar Bank Limited	Shahupuri,Kolhapur,, Kolhapur, Maharashtra - 416001, India	C35293299
6	10520603	26/08/2014	1,150,000,000.00	Yes Bank Limited	9th Floor, Nehru Centre, Discovery Of India,, Dr.  Annie Besant Road, Worli,, Mumbai, Maharashtra - 400018, India	C21166467
7	10487142	30/01/2014	200,000,000.00	Sberbank	Upper Ground Floor, Gopal Das Bhawan, 28, Barakha Mba Road, Connaught Place, New Delhi, Delhi - 110001, India	C01209253
8	10491379	21/01/2014	300,000,000.00	Industrial Finance Branch Hindustan Times House	Industrial Finance Branch, Hindustan Times House, 10th Floor, 18/20, K.G. Marg, Connaught Place, New Delhi, Delhi - 110001, India	C04062816
9	10471387	03/12/2013	20,000,000.00	Hero Fincorp Limited	34, Community Centre, Basant Lok, Vasant Vihar, New Delhi, Delhi - 110057, India	B93957652
10	10450230	21/01/2014 *	300,000,000.00	Corporation Bank Industrial Finance Branch	Hindustan Times House, 10th Floor, 18/20, K.G. Ma  Rg, Connaught Place, New Delhi, Delhi - 110001, India	B96677182
11	10436521	17/06/2013	3,202,288.00	Hdfc Bank Limited	Hdfc Bank Housesenapati Bapat Marg, Lower Parel W, Mumbai, Maharashtra - 400013, India	B79475489
12	10420183	21/03/2013	4,704,000.00	Hdfc Bank Limited	Hdfc Bank Housesenapati Bapat Marg, Lower Parel W, Mumbai, Maharashtra - 400013, India	B73321416
13	10410733	15/02/2013	3,080,448.00	Hdfc Bank Limited	Hdfc Bank Housesenapati Bapat Marg, Lower Parel W, Mumbai, Maharashtra - 400013, India	B70420278
14	10374456	21/01/2014 *	350,000,000.00	Corporation Bank	Industrial Finance Branch, Hindustan Times House, 10th Floor, 18/20, K.G. Marg, Connaught Place, New Delhi, Delhi - 110001, India	C00263657
15	10322603	21/01/2014 *	400,000,000.00	Icici Bank Limited	Landmarkrace Cource Circle, Alkapuri, Baroda, Gujarat - 390015, India	C00224154
16	10315414	10/10/2011	73,505,000.00	Hero Fincorp Limited	34, Community Centre, Basant Lok, Vasant Vihar, New Delhi, Delhi - 110057, India	B24437733
17	10268872	21/01/2014 *	375,000,000.00	Corporation Bank	Industrial Finance Branch, Hindustan Times House, 10th Floor, 18/20, K.G. Marg, Connaught Place, New Delhi, Delhi - 110001, India	C00263368
18	10268874	02/02/2011	200,000,000.00	Corporation Bank Industrial Finance Branch	Hindustan Times House,10th Floor,, 18/20, K.G Mar  G, Connaught Place, New Delhi, Delhi - 110001, India	B06306526
19	10269156	21/01/2014 *	200,000,000.00	Yes Bank Limited	9th Floor, Nehru Centre, Discovery Of India,, Dr.  Annie Besant Road, Worli,, Mumbai, Maharashtra - 400018, India	C00048322
20	10223441	13/05/2010	500,000,000.00	State Bank Of India	Industrial Finance Branch, Relationship Manager-Iv, Jawahar Vyapar Bhawan, 1, Tolstoy Marg,, New Delhi, Delhi - 110001, India	A87028502
21	10206933	24/03/2010 *	821,575,000.00	Standard Chartered Bank	Credit Risk Control, Narain Manzil, 23 Barakhamba  Road, New Delhi, Delhi - 110001, India	A82518200
22	10206932	15/02/2010	700,000,000.00	Standard Chartered Bank	Credit Risk Control, Narain Manzil, 23 Barakhamba  Road, New Delhi, Delhi - 110001, India	A80785926
23	10168757	04/01/2012 *	250,000,000.00	Indusind Bank Limited.	Dr Gopal Das Bhavan, 28 Barakamba Road, New Delhi, Delhi - 110001, India	B30854327
24	10160583	15/03/2014 *	4,400,000,000.00	Corporation Bank	Corporation Bank, 10th Floor, 18/20, K.G. Marg, Connaught Place,, New Delhi, Delhi - 110001, India	C04064556
25	10157556	21/01/2014 *	4,400,000,000.00	Corporation Bank Industrial Finance Branch	Hindustan Times House, 10th Floor, 18/20, K.G. Marg, Connaught Place, New Delhi, Delhi - 110001, India	B94519956
26	10156916	21/01/2014 *	4,400,000,000.00	Corporation Bank Industrial Finance Branch	Hindustan Times, 10th Floor, 18/20, K.G.Marg, Connaught Place,, New Delhi, Delhi - 110001, India	B94519824
27	10148527	26/02/2009	26,058,000.00	Small Industries Development Bank Of India	Okhla Branch Office, NTSC Complex, Okhla Industrial Area,, New Delhi, Delhi - 110020, INDIA	A59169854
28	10146089	23/02/2009	25,000,000.00	Hero Honda Finlease Limited	34 Community Centre Basant Lok Vasant Lok, Vasan Vihar, New Delhi, Delhi - 110057, India	A58294786
29	10113947	17/07/2008	120,000,000.00	Citibank N.A.	Jeevan Vihar, 3 Sansad Marg, New Delhi, Delhi - 110001, INDIA	A42260240
30	10117784	15/07/2008	50,000,000.00	Hero Honda Finlease Limited	34 Community Centre Basant Lok Vasant Lok, Vasan Vihar, New Delhi, Delhi - 110057, India	A43929819
21	10206933	24/03/2010 *	821,575,000.00	Standard Chartered Bank	Credit Risk Control, Narain Manzil, 23 Barakhamba  Road, New Delhi, Delhi - 110001, India	A82518200
22	10206932	15/02/2010	700,000,000.00	Standard Chartered Bank	Credit Risk Control, Narain Manzil, 23 Barakhamba  Road, New Delhi, Delhi - 110001, India	A80785926
23	10168757	04/01/2012 *	250,000,000.00	Indusind Bank Limited	Dr Gopal Das Bhavan, 28 Barakamba Road, New Delhi  , Delhi - 110001, India	B30854327
24	10160583	15/03/2014 *	4,400,000,000.00	Corporation Bank	Corporation Bank, 10th Floor, 18/20, K.G. Marg, Connaught Place,, New Delhi, Delhi - 110001, India	C04064556
25	10157556	21/01/2014 *	4,400,000,000.00	Corporation Bank Industrial Finance Branch	Hindustan Times House, 10th Floor, 18/20, K.G. Marg, Connaught Place, New Delhi, Delhi - 110001, India	B94519956
26	10156916	21/01/2014 *	4,400,000,000.00	Corporation Bank Industrial Finance Branch	Hindustan Times, 10th Floor, 18/20, K.G.Marg, Connaught Place,, New Delhi, Delhi - 110001, India	B94519824
27	10148527	26/02/2009	26,058,000.00	Small Industries Development Bank Of India	Okhla Branch Office, NTSC Complex, Okhla Industrial Area,, New Delhi, Delhi - 110020, INDIA	A59169854
28	10146089	23/02/2009	25,000,000.00	Hero Honda Finlease Limited	34 Community Centre Basant Lok Vasant Lok, Vasan  Vihar, New Delhi, Delhi - 110057, India	A58294786
29	10113947	17/07/2008	120,000,000.00	Citibank N.A.	Jeevan Vihar, 3 Sansad Marg, New Delhi, Delhi - 110001, INDIA	A42260240
30	10117784	15/07/2008	50,000,000.00	Hero Honda Finlease Limited	34 Community Centre Basant Lok Vasant Lok, Vasan  Vihar, New Delhi, Delhi - 110057, India	A43929819
31	10028578	11/12/2006	50,000,000.00	Hero Honda Finlease Limited	34 Community Centre Basant Lokvasant Lok, Vasan Vihar, New Delhi, Delhi - 110057, India	A07734742
32	10002569	07/04/2006	50,000,000.00	Hero Fincorp Limited	34, COMMUNITY CENTRE, BASANT LOK, VASANT VIHAR, NEW DELHI, Delhi - 110057, INDIA	A00522953
33	80015114	12/05/2005	50,000,000.00	Hero Honda Finlease Limited	34, Basant Lok, Vasant Vihar, New Delhi, Delhi - 110057, India	-
34	90058654	27/08/2004	67,500,000.00	Hero Honda Finlease Limited	34; Basant Lok, Vasant Vihar, New Delhi, Delhi - 110057, India	-
35	90058214	28/08/2003	30,000,000.00	Hero Honda Finlease Limited	34; Basant Lok, Vasant Vihar, New Delhi, Delhi - 110057, India	-
36	90057272	07/07/2000	200,000.00	American Express Bank Limited	Hamilton House; A - Block, C - Place, New Delhi,  Delhi - 110001, India	-
37	90057259	18/06/2000	219,000.00	American Express Bank Limited	Hamilton House; A - Block, Connaught Place, New Delhi, Delhi - 110001, India	-
38	90056270	13/05/1991	266,381.00	Citi Bank N.A.	Parliament Street, New Delhi, Delhi - 110001, India	-

*Date of modification Charges

FIXED ASSETS:

· Land

· Building

· Plant and Machinery

· Computer

· Vehicles

· Furniture and Fixture

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.61.74
UK Pound	1	Rs.92.71
Euro	1	Rs.69.94

INFORMATION DETAILS

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

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILITY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	5
--CREDIT LINES	1~10	5
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	YES
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		45

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.