MIRA INFORM REPORT

Report No. :	306739
Report Date :	11.02.2015

IDENTIFICATION DETAILS

Name :	LANCO HILLS TECHNOLOGY PARK PRIVATE LIMITED (w.e.f.06.07.2006)
Formerly Known As :	LANCO MANTRI TECHNOLOGY PARK PRIVATE LIMITED LANCO TECHNOLOGIES PRIVATE LIMITED
Registered Office :	Plot No. 4, Software Units Layout, Madhapur, Hitech City, Hyderabad – 500081, Telangana
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	07.09.2004
Com. Reg. No.:	01-044097
Capital Investment / Paid-up Capital :	Rs.4805.000 Millions
CIN No.: [Company Identification No.]	U72200TGP2004PTC044097
TIN No.:	Not Available
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	HYDL01343G
PAN No.: [Permanent Account No.]	AABCL1228R
Legal Form :	Private Limited Liability Company
Line of Business :	Real Estate Developer
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ca (13)

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

Maximum Credit Limit :	USD 11200000
Status :	Moderate
Payment Behaviour :	Slow
Litigation :	Clear
Comments :	Subject is an established company having a moderate track record. The company has incurred some accumulated losses during FY 2014. The rating also takes into consideration the delay in servicing its debt obligation due to weak liquidity position. However, business is active. Payments are reported to be slow. 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 – 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	CRISIL
Rating	Long Term Rating = D
Rating Explanation	The company is in default or expected to be in default soon.
Date	14.03.2014

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.

LOCATIONS

Registered/ Head Office :	Plot No. 4, Software Units Layout, Madhapur, Hitech City, Hyderabad – 500081, Telangana, India
Tel. No.:	91-40-44799400
Fax No.:	91-40-44799555
E-Mail :	surender.y@lancogroup.com amit.abde@lancogroup.com dv@lancogroup.com megamall@lancogroup.com sushanth.n@lancogroup.com srinivasrao.k@lancogroup.coms
Website :	http://www.lancohills.com
Marketing Office :	99 LH, Manikonda, Hyderabad – 500033, Telangana, India
USA Office :	5021, Fairview Ln, Skokie, IL 60077, USA

DIRECTORS

As on 25.09.2014

Name :

Mr. Bhaskara Rao Garlapati

Designation :

Director

Address :

Plot No.157, Road No.10, Jubilee Hills, Hyderabad – 500033, Telangana, India

Date of Birth/Age :

01.06.1954

Date of Appointment :

07.09.2004

DIN No.:

00075034

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	L74999AP1991PLC013391	Srikalahasthi Pipes Limited	Director	01/11/1991	01/11/1991	03/02/2014	Active	NO
2	L45200TG1993PLC015545	LANCO INFRATECH LIMITED	Whole-time director	01/04/2011	26/03/1993	-	Active	NO
3	L64203TG1999PLC030996	LYCOS INTERNET LIMITED	Director	28/01/1999	28/01/1999	27/03/2008	Active	NO
4	U40109TG1996PLC022967	CLARION POWER CORPORATION LIMITED	Director	12/04/2000	12/04/2000	01/10/2009	Active	NO
5	U31909TG1999PLC033104	RITHWIK ENERGY SYSTEMS LIMITED	Director	28/04/2000	28/04/2000	08/08/2009	Active	NO
6	U40109TG2002PTC038683	Greenko Budhil Hydro Power Private Limited	Director	21/03/2002	21/03/2002	22/07/2010	Active	NO
7	U40101TG1995PLC021459	LANCO KONDAPALLI POWER LIMITED	Director	17/12/2002	17/12/2002	19/06/2010	Active	NO
8	U74140HR2002PLC041507	LANCO GROUP LIMITED	Director	27/12/2002	27/12/2002	-	Active	NO
9	U40109TG2000PLC033791	NATIONAL ENERGY TRADING AND SERVICES LIMITED	Additional director	14/09/2009	05/02/2003	20/04/2010	Active	NO
10	U40109TG2001PLC036265	LANCO AMARKANTAK POWER LIMITED	Director	03/10/2003	03/10/2003	23/01/2012	Active	NO
11	U01119TG2003PTC042276	SAFFIRE FARMS PRIVATE LIMITED	Director	22/12/2003	22/12/2003	02/10/2007	Active	NO
12	U40101TN1997PLC037663	LANCO TANJORE POWER COMPANY LIMITED	Director	12/01/2004	12/01/2004	-	Active	NO
13	U01119TG2004PTC042613	CORAL ORCHIDS PRIVATE LIMITED	Director	10/02/2004	10/02/2004	26/06/2009	Active	NO
14	U45200TG2004PTC042805	URANUS INFRATECH PRIVATE LIMITED	Director	04/03/2004	04/03/2004	26/06/2009	Active	NO
15	U45200TG2004PTC042806	LANCO HORIZON PROPERTIES PRIVATE LIMITED	Director	08/03/2004	08/03/2004	-	Active	NO
16	U45200TG2004PTC042804	JUPITER INFRATECH PRIVATE LIMITED	Director	08/03/2004	08/03/2004	26/06/2009	Active	NO
17	U01119TG2004PTC042616	EMERALD ORCHIDS PRIVATE LIMITED	Director	08/03/2004	08/03/2004	15/02/2013	Active	NO
18	U40109TG2004PTC043237	Nekkar Power Private Limited	Director	11/05/2004	11/05/2004	-	Active	NO
19	U40109TG2004PLC043236	MIRACH POWER LIMITED	Director	11/05/2004	11/05/2004	16/11/2011	Active	NO
20	U40109TG2004PTC043235	PARVAT HYDRO POWER PRIVATE LIMITED	Director	11/05/2004	11/05/2004	28/03/2014	Active	NO
21	U40109TG2004PTC043260	CHATARI HYDRO POWER PRIVATE LIMITED	Director	17/05/2004	17/05/2004	-	Active	NO
22	U40109TG2004PTC043439	Avior Power Private Limited	Director	09/06/2004	09/06/2004	-	Active	NO
23	U40109TG2004PTC043442	SIDDHESWARA POWER PRIVATE LIMITED	Director	09/06/2004	09/06/2004	-	Active	NO
24	U45400TG2004PTC042612	PORTIA PROPERTIES PRIVATE LIMITED	Director	09/06/2004	09/06/2004	02/12/2011	Active	NO
25	U72200TG2004PTC044097	LANCO HILLS TECHNOLOGY PARK PRIVATE LIMITED	Director	07/09/2004	07/09/2004	-	Active	NO
26	U01119AP2003PTC041094	GVRN AGRO ESTATES PRIVATE LIMITED	Director	28/09/2010	21/02/2005	01/09/2012	Active	NO
27	U40100TG2005PTC045442	PRAGDISA POWER PRIVATE LIMITED	Director	22/02/2005	22/02/2005	-	Active	NO
28	U40100TG2005PLC045449	HIMAVAT POWER LIMITED	Director	23/02/2005	23/02/2005	-	Active	NO
29	U40109TG2000PLC034758	LANCO TEESTA HYDRO POWER LIMITED	Director	26/03/2005	26/03/2005	-	Active	NO
30	U70102TG2005PTC047310	LANCO PROPERTY MANAGEMENT COMPANY PRIVATE LIMITED	Director	31/08/2005	31/08/2005	-	Active	NO
31	U40100TG2005PLC045445	LANCO VIDARBHA THERMAL POWER LIMITED	Director	27/09/2012	15/10/2005	-	Active	NO
32	U45200TG2006PTC048664	Infra India Ventures Private Limited	Director	03/01/2006	03/01/2006	-	Active	NO
33	U65993TG2006PTC048667	LANFIN TRUSTEE PRIVATE LIMITED	Director	03/01/2006	03/01/2006	-	Strike off	NO
34	U40100TG2005PTC045448	VAINATEYA POWER PRIVATE LIMITED	Director	29/09/2006	16/01/2006	-	Active	NO
35	U74899DL2006PTC146288	RAVI HYDRO ELECTRIC PRIVATE LIMITED	Director	14/02/2006	14/02/2006	-	Active	NO
36	U74899DL2006PTC146289	HIMACHAL HYDRO POWER PRIVATE LIMITED	Director	14/02/2006	14/02/2006	-	Active	NO
37	U40106UR2006PTC032559	LANCO Mandakini Hydro Energy Private Limited	Whole-time director	26/06/2007	21/02/2006	22/07/2010	Active	NO
38	U31200UP2006PLC031982	LANCO ANPARA POWER LIMITED	Director	12/06/2006	12/06/2006	-	Active	NO
39	U31909KA1996PLC019918	UDUPI POWER CORPORATION LIMITED	Director	17/07/2006	17/07/2006	22/07/2010	Active	NO
40	U40101TG2006PTC051333	LANCO POWER TRANSMISSION PRIVATE LIMITED	Director	05/10/2006	05/10/2006	-	Active	NO
41	U70102TG2006PTC051833	LANCO BAY TECHNOLOGY PARK PRIVATE LIMITED	Director	29/11/2006	29/11/2006	-	Active	NO
42	U45200TG2007PTC052452	GARNET INFRASTRUCTURE AND POWER VENTURES PRIVATE LIMITED	Director	22/01/2007	22/01/2007	-	Active	NO
43	U40108TG2007PTC052684	LANCO WIND POWER PRIVATE LIMITED	Director	08/02/2007	08/02/2007	24/11/2008	Active	NO
44	U01119TG2003PTC042228	BHASKAR ORCHIDS PRIVATE LIMITED	Director	28/09/2007	09/05/2007	31/08/2012	Active	NO
45	U01119AP2003PTC042329	BHASKAR AGRO FARMS PRIVATE LIMITED	Director	29/09/2007	11/05/2007	-	Active	NO
46	U01119TG2004PTC044421	VENU ORCHIDS PRIVATE LIMITED	Director	29/09/2007	11/05/2007	-	Active	NO
47	U40104TG2007PLC054207	LANCO BABANDH POWER LIMITED	Director	27/09/2012	30/05/2007	-	Active	NO
48	U01119TG2004PTC042615	GVRN GROVES PRIVATE LIMITED	Director	25/07/2007	25/07/2007	-	Active	NO
49	U45200TG2008PTC057345	TETHYS PROPERTIES PRIVATE LIMITED	Director	28/01/2008	28/01/2008	-	Active	NO
50	U45200TG2008PTC057340	BIANCA PROPERTIES PRIVATE LIMITED	Director	28/01/2008	28/01/2008	-	Active	NO
51	U45200TG2008PTC057339	BELINDA PROPERTIES PRIVATE LIMITED	Director	28/01/2008	28/01/2008	-	Active	NO
52	U45200TG2008PTC057338	ANANKE PROPERTIES PRIVATE LIMITED	Director	28/01/2008	28/01/2008	-	Active	NO
53	U45200TG2008PTC057347	THEBE PROPERTIES PRIVATE LIMITED	Director	28/01/2008	28/01/2008	26/06/2009	Active	NO
54	U45200TG2008PTC057344	NIX PROPERTIES PRIVATE LIMITED	Director	28/01/2008	28/01/2008	24/03/2012	Active	NO
55	U45200TG2008PTC057343	LEDA PROPERTIES PRIVATE LIMITED	Director	28/01/2008	28/01/2008	26/06/2009	Active	NO
56	U45200TG2008PTC057342	CRESSIDA PROPERTIES PRIVATE LIMITED	Director	28/01/2008	28/01/2008	26/06/2009	Active	NO
57	U52190TG2008PTC059253	MIMAS TRADING PRIVATE LIMITED	Director	21/05/2008	21/05/2008	-	Active	NO
58	U40300AP2008PTC059250	CYGNUS SOLAR PROJECTS PRIVATE LIMITED	Director	21/05/2008	21/05/2008	-	Strike off	NO
59	U74999TG2008PTC059254	PHOEBE TRADING PRIVATE LIMITED	Director	21/05/2008	21/05/2008	19/12/2011	Active	NO
60	U52599TG2008PTC059252	CHARON TRADING PRIVATE LIMITED	Director	21/05/2008	21/05/2008	25/06/2012	Active	NO
61	U40300TG2008PTC059248	LANCO SOLAR POWER PROJECTS PRIVATE LIMITED	Director	21/05/2008	21/05/2008	21/11/2011	Active	NO
62	U74900TG2008PTC060157	LANCO SOLAR PRIVATE LIMITED	Director	16/07/2008	16/07/2008	16/08/2010	Active	NO
63	U61100TG2008PTC061085	LANCO KERALA SEAPORTS PRIVATE LIMITED	Director	17/09/2008	17/09/2008	-	Active	NO
64	U40300AP2008PTC061269	THALASSA SOLAR POWER PROJECTS PRIVATE LIMITED	Director	12/09/2010	01/10/2008	-	Strike off	NO
65	U70102TG2008PTC061287	SINOPE PROPERTIES PRIVATE LIMITED	Director	03/10/2008	03/10/2008	-	Active	NO
66	U40108TG2008PTC061286	PASIPHAE POWER PRIVATE LIMITED	Director	03/10/2008	03/10/2008	14/07/2012	Active	NO
67	U40300TG2008PTC061285	HELENE POWER PRIVATE LIMITED	Director	03/10/2008	03/10/2008	06/12/2011	Active	NO
68	U40300TG2008PTC061289	URSA SOLAR PROJECTS PRIVATE LIMITED	Director	06/10/2008	06/10/2008	16/10/2014	Active	NO
69	U74900TG2008PTC061574	LANCO TRANSPORT NETWORK COMPANY PRIVATE LIMITED	Director	27/10/2008	27/10/2008	-	Active	NO
70	U70102TG2008PTC061984	ZANIA PROPERTIES PRIVATE LIMITED	Director	27/11/2008	27/11/2008	-	Active	NO
71	U40300AP2008PTC061976	ALUDRA SOLAR PROJECTS PRIVATE LIMITED	Director	27/11/2008	27/11/2008	-	Strike off	NO
72	U40106AP2008PTC061975	TALITHA SOLAR PROJECTS PRIVATE LIMITED	Director	27/11/2008	27/11/2008	-	Strike off	NO
73	U40300AP2008PTC061974	TABIT SOLAR PROJECTS PRIVATE LIMITED	Director	27/11/2008	27/11/2008	-	Strike off	NO
74	U40300AP2008PTC061973	CASTULA SOLAR POWER PROJECTS PRIVATE LIMITED	Director	27/11/2008	27/11/2008	-	Strike off	NO
75	U63090TG2009PTC063856	CARRETERA TRANSPORT INFRA PRIVATE LIMITED	Director	02/06/2009	02/06/2009	-	Active	NO
76	U40109TG2009PTC064018	LANCO SOLAR ENERGY PRIVATE LIMITED	Director	16/06/2009	16/06/2009	17/08/2010	Active	NO
77	U40300TG2009PLC065597	LANCO OPERATION AND MAINTENANCE COMPANY LIMITED	Director	31/12/2010	22/10/2009	14/07/2012	Active	NO
78	U40106TG2009PTC065841	SABITHA SOLAR PROJECTS PRIVATE LIMITED	Director	16/11/2009	16/11/2009	17/08/2010	Active	NO
79	U40108TG2009PTC065840	KHAYA SOLAR PROJECTS PRIVATE LIMITED	Director	16/11/2009	16/11/2009	17/08/2010	Active	NO
80	U40106TG2009PTC065856	BHANU SOLAR PROJECTS PRIVATE LIMITED	Director	17/11/2009	17/11/2009	17/08/2010	Active	NO
81	U40106TG2009PLC065865	DIWAKAR SOLAR PROJECTS LIMITED	Director	18/11/2009	18/11/2009	17/08/2010	Active	NO
82	U40300TG2009PTC066023	ORION SOLAR PROJECTS PRIVATE LIMITED	Director	27/11/2009	27/11/2009	17/08/2010	Active	NO
83	U40106TG2009PTC066021	OMEGA SOLAR PROJECTS PRIVATE LIMITED	Director	27/11/2009	27/11/2009	17/08/2010	Active	NO
84	U01119TG2004PTC044584	SIRI GROVES PRIVATE LIMITED	Director	29/09/2010	12/03/2010	-	Active	NO
85	U45400TG2007PLC053957	LANCO DEVIHALLI HIGHWAYS LIMITED	Director	31/07/2010	21/05/2010	12/01/2012	Active	NO
86	U45200TG2007PLC053124	LANCO HOSKOTE HIGHWAY LIMITED	Director	31/07/2010	21/05/2010	12/01/2012	Active	NO
87	U74900HR2010PTC041120	LANCO ENTERPRISE PRIVATE LIMITED	Director	27/08/2010	27/08/2010	-	Active	NO
88	U10200HR2010PLC041280	MAHATAMIL MINING AND THERMAL ENERGY LIMITED	Director	24/09/2010	24/09/2010	20/10/2011	Active	NO
89	U40108TG2010PTC070744	Tasra Mining & Energy Company Private Limited	Director	06/10/2010	06/10/2010	-	Active	NO
90	U40300TG2010PTC070839	Arneb Power Private Limited	Director	13/10/2010	13/10/2010	25/12/2011	Active	NO
91	U40300TG2010PTC070838	Megrez Power Private Limited	Director	13/10/2010	13/10/2010	28/02/2011	Active	NO
92	U40106TG2010PTC071541	LANCO SOLAR SERVICES PRIVATE LIMITED	Director	06/12/2010	06/12/2010	17/09/2011	Active	NO
93	U45400HR2011PLC041920	LANCO KANPUR HIGHWAYS LIMITED	Director	18/01/2011	18/01/2011	-	Active	NO
94	U74900HR2011PTC042955	LANCO FAMILY ENTERPRISE PRIVATE LIMITED	Director	16/05/2011	16/05/2011	-	Active	NO
95	U40109TG2005PLC045214	LANCO POWER LIMITED	Director	27/09/2013	30/06/2011	-	Active	NO
96	U40109TG2002PLC038452	LANCO Thermal Power Limited	Director	27/09/2012	30/03/2012	-	Active	NO
97	U01111TG1996PLC023347	LANCO HYDRO POWER LIMITED	Director	27/09/2012	30/03/2012	-	Active	NO
98	U28112TG2012PLC081726	Fourneyron Engineering and Manufacturing Limited	Director	02/07/2012	02/07/2012	29/10/2013	Active	NO
99	U28999TG2012PLC081727	Aeolipile Engineering and Manufacturing Limited	Director	02/07/2012	02/07/2012	29/10/2013	Active	NO
100	U40300UP2014PLC066801	LANCO KANPUR POWER LIMITED	Director	03/11/2014	03/11/2014	-	Active	NO

Name :

Mr. Madhusudan Rao Lagadapati

Designation :

Director

Address :

Plot No.157, Road No.10, Jubilee Hills, Hyderabad – 500033, Telangana, India

Date of Birth/Age :

08.01.1966

Date of Appointment :

20.12.2005

DIN No.:

00074790

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	L74999AP1991PLC013391	Srikalahasthi Pipes Limited	Director	01/11/1991	01/11/1991	03/02/2014	Active	NO
2	L45200TG1993PLC015545	LANCO INFRATECH LIMITED	Whole-time director	01/04/2011	26/03/1993	-	Active	NO
3	U31300AP1993PTC016266	SAI SHAKTHI INFRATECH Private Limited	Director	15/04/1998	15/04/1998	28/10/2006	Active	NO
4	U40101TG1995PLC021459	LANCO KONDAPALLI POWER LIMITED	Director	14/08/1998	14/08/1998	-	Active	NO
5	L64203TG1999PLC030996	LYCOS INTERNET LIMITED	Director	28/01/1999	28/01/1999	27/03/2008	Active	NO
6	U28110TG2000PLC033224	LANCO NET LIMITED	Director	05/01/2000	05/01/2000	-	Active	NO
7	U40109TG2000PLC033791	NATIONAL ENERGY TRADING AND SERVICES LIMITED	Director	06/03/2000	06/03/2000	20/04/2010	Active	NO
8	U40109TG1996PLC022967	CLARION POWER CORPORATION LIMITED	Director	12/04/2000	12/04/2000	06/04/2009	Active	NO
9	U31909TG1999PLC033104	RITHWIK ENERGY SYSTEMS LIMITED	Director	28/04/2000	28/04/2000	06/04/2009	Active	NO
10	U40109TG2000PLC034758	LANCO TEESTA HYDRO POWER LIMITED	Director	26/06/2000	26/06/2000	22/07/2010	Active	NO
11	U40109TG2002PTC038683	Greenko Budhil Hydro Power Private Limited	Director	21/03/2002	21/03/2002	22/07/2010	Active	NO
12	U40101TN1997PLC037663	LANCO TANJORE POWER COMPANY LIMITED	Director	26/09/2002	26/09/2002	26/07/2010	Active	NO
13	U74140HR2002PLC041507	LANCO GROUP LIMITED	Whole-time director	30/09/2013	27/12/2002	-	Active	NO
14	U40109TG2001PLC036265	LANCO AMARKANTAK POWER LIMITED	Director	03/10/2003	03/10/2003	-	Active	NO
15	U40109TG2004PTC043237	Nekkar Power Private Limited	Director	11/05/2004	11/05/2004	-	Active	NO
16	U40109TG2004PLC043236	MIRACH POWER LIMITED	Director	27/09/2012	11/05/2004	25/05/2013	Active	NO
17	U40109TG2004PTC043235	PARVAT HYDRO POWER PRIVATE LIMITED	Director	11/05/2004	11/05/2004	28/03/2014	Active	NO
18	U40109TG2004PTC043260	CHATARI HYDRO POWER PRIVATE LIMITED	Director	17/05/2004	17/05/2004	-	Active	NO
19	U40109TG2004PTC043440	BASAVA POWER PRIVATE LIMITED	Director	09/06/2004	09/06/2004	-	Active	NO
20	U40100TG2005PTC045442	PRAGDISA POWER PRIVATE LIMITED	Director	22/02/2005	22/02/2005	-	Active	NO
21	U40100TG2005PLC045445	LANCO VIDARBHA THERMAL POWER LIMITED	Director	23/02/2005	23/02/2005	30/10/2008	Active	NO
22	U70102TG2005PTC047310	LANCO PROPERTY MANAGEMENT COMPANY PRIVATE LIMITED	Director	07/12/2005	07/12/2005	-	Active	NO
23	U40100TG2005PTC045448	VAINATEYA POWER PRIVATE LIMITED	Director	29/09/2006	14/12/2005	-	Active	NO
24	U72200TG2004PTC044097	LANCO HILLS TECHNOLOGY PARK PRIVATE LIMITED	Director	20/12/2005	20/12/2005	-	Active	NO
25	U45200TG2006PTC048664	Infra India Ventures Private Limited	Director	29/09/2006	09/01/2006	-	Active	NO
26	U74899DL2006PTC146288	RAVI HYDRO ELECTRIC PRIVATE LIMITED	Director	14/02/2006	14/02/2006	-	Active	NO
27	U74899DL2006PTC146289	HIMACHAL HYDRO POWER PRIVATE LIMITED	Director	14/02/2006	14/02/2006	-	Active	NO
28	U31200UP2006PLC031982	LANCO ANPARA POWER LIMITED	Director	12/06/2006	12/06/2006	26/07/2010	Active	NO
29	U31909KA1996PLC019918	UDUPI POWER CORPORATION LIMITED	Director	17/07/2006	17/07/2006	22/07/2010	Active	NO
30	U74900TG2008PTC060157	LANCO SOLAR PRIVATE LIMITED	Director	17/07/2008	17/07/2008	-	Active	NO
31	U63090TG2009PTC063856	CARRETERA TRANSPORT INFRA PRIVATE LIMITED	Director	02/06/2009	02/06/2009	-	Active	NO
32	U40108TG2009PTC065840	KHAYA SOLAR PROJECTS PRIVATE LIMITED	Director	30/09/2011	17/08/2010	13/07/2012	Active	NO
33	U40109TG2009PTC064018	LANCO SOLAR ENERGY PRIVATE LIMITED	Director	30/09/2011	17/08/2010	-	Active	NO
34	U40106TG2009PLC065865	DIWAKAR SOLAR PROJECTS LIMITED	Director	30/09/2011	17/08/2010	-	Active	NO
35	U40106TG2009PTC065841	SABITHA SOLAR PROJECTS PRIVATE LIMITED	Director	31/12/2010	17/08/2010	02/04/2012	Active	NO
36	U40300TG2009PTC066023	ORION SOLAR PROJECTS PRIVATE LIMITED	Director	31/12/2010	17/08/2010	02/04/2012	Active	NO
37	U40106TG2009PTC065856	BHANU SOLAR PROJECTS PRIVATE LIMITED	Director	31/12/2010	17/08/2010	31/03/2012	Active	NO
38	U40106TG2009PTC066021	OMEGA SOLAR PROJECTS PRIVATE LIMITED	Director	31/12/2010	17/08/2010	02/04/2012	Active	NO
39	U45400HR2011PLC041920	LANCO KANPUR HIGHWAYS LIMITED	Director	18/01/2011	18/01/2011	02/05/2011	Active	NO
40	U40109TG2002PLC038452	LANCO Thermal Power Limited	Director	27/09/2012	30/03/2012	-	Active	NO
41	U01111TG1996PLC023347	LANCO HYDRO POWER LIMITED	Director	27/09/2012	30/03/2012	-	Active	NO
42	U40109TG2005PLC045214	LANCO POWER LIMITED	Director	27/09/2012	01/05/2012	-	Active	NO
43	U28999TG2012PLC081727	Aeolipile Engineering and Manufacturing Limited	Director	02/07/2012	02/07/2012	-	Active	NO
44	U28112TG2012PLC081726	Fourneyron Engineering and Manufacturing Limited	Director	02/07/2012	02/07/2012	-	Active	NO
45	U40300UP2014PLC066801	LANCO KANPUR POWER LIMITED	Director	03/11/2014	03/11/2014	-	Active	NO

Name :

Venkatesh Babu Gangarap

Designation :

Director

Address :

Flat No.66 and 68, Ashwini Layout, Hallmark Hill View, Road No.78, Jubilee Hills, Hyderabad – 500033, Telangana, India

Date of Birth/Age :

03.07.1968

Date of Appointment :

20.12.2005

DIN No.:

00075079

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	U74140HR2002PLC041507	LANCO GROUP LIMITED	Director	31/03/2006	15/10/2004	-	Active	NO
2	U40109TG1996PLC022967	CLARION POWER CORPORATION LIMITED	Director	29/03/2005	29/03/2005	29/03/2010	Active	NO
3	L45200TG1993PLC015545	LANCO INFRATECH LIMITED	Managing director	24/06/2011	27/06/2005	-	Active	NO
4	U40109TG2001PLC036265	LANCO AMARKANTAK POWER LIMITED	Director	19/12/2005	19/12/2005	-	Active	NO
5	U40101TN1997PLC037663	LANCO TANJORE POWER COMPANY LIMITED	Director	19/12/2005	19/12/2005	-	Active	NO
6	U72200TG2004PTC044097	LANCO HILLS TECHNOLOGY PARK PRIVATE LIMITED	Director	20/12/2005	20/12/2005	-	Active	NO
7	U45200TG2006PTC048664	Infra India Ventures Private Limited	Director	29/09/2006	09/01/2006	-	Active	NO
8	U31909TG1999PLC033104	RITHWIK ENERGY SYSTEMS LIMITED	Director	29/03/2006	29/03/2006	08/08/2009	Active	NO
9	U31909KA1996PLC019918	UDUPI POWER CORPORATION LIMITED	Director	25/08/2008	17/07/2006	-	Active	NO
10	U40109TG2005PLC045214	LANCO POWER LIMITED	Director	30/09/2011	08/01/2007	-	Active	NO
11	U40109TG2002PLC038452	LANCO Thermal Power Limited	Director	27/09/2012	19/01/2007	-	Active	NO
12	U40101TG1995PLC021459	LANCO KONDAPALLI POWER LIMITED	Director	22/01/2007	22/01/2007	29/04/2010	Active	NO
13	U70102TG2004PTC042760	MERCURY PROJECTS PRIVATE LIMITED	Director	27/09/2012	01/02/2007	-	Active	NO
14	U70102TG2004PTC042759	URANUS PROJECTS PRIVATE LIMITED	Director	27/09/2012	26/02/2007	-	Active	NO
15	U40109TG2000PLC033791	NATIONAL ENERGY TRADING AND SERVICES LIMITED	Director	24/04/2007	24/04/2007	17/07/2010	Active	NO
16	U31200UP2006PLC031982	LANCO ANPARA POWER LIMITED	Director	17/09/2007	30/04/2007	26/07/2010	Active	NO
17	U40104TG2007PLC054207	LANCO BABANDH POWER LIMITED	Director	17/11/2008	11/06/2007	22/07/2010	Active	NO
18	U45200TG2007PLC053124	LANCO HOSKOTE HIGHWAY LIMITED	Director	07/08/2009	01/03/2008	21/04/2010	Active	NO
19	U45400TG2007PLC053957	LANCO DEVIHALLI HIGHWAYS LIMITED	Director	07/08/2009	01/05/2008	21/04/2010	Active	NO
20	U74900TG2008PTC061574	LANCO TRANSPORT NETWORK COMPANY PRIVATE LIMITED	Director	30/09/2009	28/10/2008	-	Active	NO
21	U40100TG2005PLC045445	LANCO VIDARBHA THERMAL POWER LIMITED	Director	15/07/2009	30/10/2008	22/07/2010	Active	NO
22	U63090TG2009PTC063856	CARRETERA TRANSPORT INFRA PRIVATE LIMITED	Director	02/06/2009	02/06/2009	-	Active	NO
23	U40109TG2000PLC034758	LANCO TEESTA HYDRO POWER LIMITED	Additional director	16/10/2009	16/10/2009	21/04/2010	Active	NO
24	U74900TG2008PTC060157	LANCO SOLAR PRIVATE LIMITED	Director	18/05/2010	18/05/2010	-	Active	NO
25	U74999TN2010PTC076592	Bay of Bengal Gateway Terminal Private Limited	Additional director	24/07/2010	24/07/2010	21/01/2011	Under liquidation	NO
26	U40109TG2009PTC064018	LANCO SOLAR ENERGY PRIVATE LIMITED	Director	30/09/2011	17/08/2010	-	Active	NO
27	U40108TG2009PTC065840	KHAYA SOLAR PROJECTS PRIVATE LIMITED	Director	30/09/2011	03/09/2010	02/04/2012	Active	NO
28	U40106TG2009PTC065856	BHANU SOLAR PROJECTS PRIVATE LIMITED	Director	31/12/2010	03/09/2010	02/04/2012	Active	NO
29	U40106TG2009PLC065865	DIWAKAR SOLAR PROJECTS LIMITED	Director	30/09/2011	03/09/2010	-	Active	NO
30	U10200HR2010PLC041280	MAHATAMIL MINING AND THERMAL ENERGY LIMITED	Director	17/09/2012	20/10/2011	-	Active	NO
31	U01111TG1996PLC023347	LANCO HYDRO POWER LIMITED	Director	27/09/2012	30/03/2012	-	Active	NO

Name :

Hebbur Satyanarayanagupta Girish Guptha

Designation :

Director

Address :

Eshwara Nilaya, Flat No. C-307, Mantri Tranquil, Sy No. 7, 9, and 13, Gubbalala Village, Kanakapura Road, Bangalore – 560061, Karnataka, India

Date of Birth/Age :

25.06.1986

Date of Appointment :

25.09.2014

DIN No.:

01683190

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	U45201KA2003PTC033023	Mantri Techzone Private Limited	Director	29/09/2004	29/09/2004	-	Active	NO
2	U45201KA2006PTC039176	Mantri Primus Lifespaces Private Limited	Director	26/09/2007	28/02/2007	-	Active	NO
3	U07010KA2004PTC035166	TARUN REALTORS PRIVATE LIMITED	Director	02/03/2007	02/03/2007	01/08/2012	Active	NO
4	U07010KA2004PTC035165	KIRTHANA REALTORS PRIVATE LIMITED	Director	02/03/2007	02/03/2007	19/05/2014	Active	NO
5	U07010KA2004PTC035169	VISMAY REALTORS PRIVATE LIMITED	Director	01/06/2007	01/06/2007	23/12/2013	Active	NO
6	U45201KA2006PTC039179	ANTHARIKSH CONSTRUCTIONS PRIVATE LIMITED	Director	01/04/2008	05/06/2007	23/12/2013	Active	NO
7	U45201KA2006PTC039180	DEETA CONSTRUCTIONS PRIVATE LIMITED	Director	15/04/2008	05/06/2007	-	Active	NO
8	U45201KA2006PTC039177	INESH REALTORS PRIVATE LIMITED	Director	15/04/2008	05/06/2007	-	Active	NO
9	U45201KA2007PTC043435	MANTRI SIERRA STRUCTURE PRIVATE LIMITED	Director	01/04/2008	20/09/2007	23/12/2013	Active	NO
10	U45202KA2007PTC043433	MANTRI GEO STRUCTURES PRIVATE LIMITED	Director	01/04/2008	20/09/2007	23/12/2013	Active	NO
11	U45201KA2007PTC043434	MANTRI TECHNOLOGY PARKS PRIVATE LIMITED	Director	15/04/2008	20/09/2007	-	Active	NO
12	U45201KA2007PTC043458	MANTRI INFRASTRUCTURE PRIVATE LIMITED	Director	01/04/2008	20/09/2007	-	Active	NO
13	U45201KA2007PTC043436	MANTRI TECHNOLOGY CONSTELLATIONS PRIVATE LIMITED	Director	23/07/2012	20/09/2007	23/12/2013	Active	NO
14	U74210KA2004PTC033991	MANTRI HOMES PRIVATE LIMITED	Director	28/07/2008	03/12/2007	23/12/2013	Active	NO
15	U74140KA2001PTC028742	Propcare Real Estate Management Private Limited	Director	30/04/2008	03/12/2007	-	Active	NO
16	U45201KA2000PTC026181	HAMARA SHELTERS PRIVATE LIMITED	Director	15/04/2008	03/12/2007	-	Active	NO
17	U51311KA2002PTC030545	RAFFLES ENTERPRISES PRIVATE LIMITED	Director	01/04/2008	04/12/2007	31/12/2014	Active	NO
18	U07010KA2004PTC035167	PRATIBHA REALTORS PRIVATE LIMITED	Director	15/04/2008	04/12/2007	-	Active	NO
19	U74210KA2004PTC033992	JASMINE ENTERPRISES PRIVATE LIMITED	Director	15/04/2008	05/12/2007	23/12/2013	Active	NO
20	U70102KA1993PTC015069	SHIVASHAKTHI ESTATES AND INVESTMENTS PRIVATE LIMITED	Director	01/04/2008	05/12/2007	-	Active	NO
21	U07010KA2004PTC035164	Mantri Castles Private Limited	Director	01/04/2008	05/12/2007	-	Active	NO
22	U45201KA2007PTC044673	SMARTHOMES DEVELOPERS (INDIA) PRIVATE LIMITED	Director	14/12/2007	14/12/2007	31/12/2014	Active	NO
23	U45400KA2007PTC044486	Propcare Holdings Private Limited	Director	04/04/2009	21/05/2008	23/12/2013	Active	NO
24	U70102KA2007PTC044483	Mantri Apartments Private Limited	Director	04/04/2009	21/05/2008	23/12/2013	Active	NO
25	U45200KA2007PTC044485	MINERVA INFRA TECH PRIVATE LIMITED	Director	04/04/2009	21/05/2008	23/12/2013	Active	NO
26	U45300KA2007PTC044484	Mantri Hamlet Private Limited	Director	04/04/2009	21/05/2008	23/12/2013	Active	NO
27	U55101KA2008PTC047021	SURAJ Inn Private Limited	Director	27/05/2009	03/07/2008	-	Active	NO
28	U74140KA2007PTC044006	Mantri Dwellings Private Limited	Director	03/09/2012	05/09/2008	-	Active	NO
29	U64202KA2004PTC035071	PROJENCO SOFTWARE SYSTEMS PRIVATE LIMITED	Director	30/09/2009	22/12/2008	23/12/2013	Active	NO
30	U45201KA2006PTC039175	BRAHMAGIRI REALTORS PRIVATE LIMITED	Director	09/04/2010	14/04/2009	31/12/2014	Active	NO
31	U80222KA2007PTC043242	NORTH EDUCATIONAL ACADEMY (INDIA) PRIVATE LIMITED	Director	30/04/2009	14/04/2009	23/01/2015	Active	NO
32	U55101KA2009PTC051213	VanGuard Hospitality Private Limited	Director	15/10/2009	15/10/2009	-	Active	NO
33	U70102KA2009PTC051227	Avant-Garde Shelters Private Limited	Director	07/04/2011	15/04/2010	23/12/2013	Active	NO
34	L26900KA1979PLC061580	MARATHWADA REFRACTORIES LIMITED	Director	27/09/2012	13/04/2011	-	Active	NO
35	U45203KA2011PTC060228	Mantri Gardenview Homes Private Limited	Director	23/05/2013	10/04/2012	23/12/2013	Active	NO
36	U70100KA2011PTC056480	Lakeview Development Corporation Private Limited	Director	16/06/2012	23/04/2012	23/12/2013	Active	NO
37	U70102KA2010PTC055639	Mantri Mansion Private Limited	Additional director	18/02/2013	18/02/2013	23/12/2013	Active	NO
38	U72200TG2004PTC044097	LANCO HILLS TECHNOLOGY PARK PRIVATE LIMITED	Director	25/09/2014	19/05/2014	-	Active	NO
39	U72200KA2013PTC072126	SGP Software Solutions Private Limited	Director	29/12/2014	20/05/2014	-	Active	NO
40	U93000MH2008PTC179013	GAURANG ADVISORS PRIVATE LIMITED	Additional director	12/12/2014	12/12/2014	-	Active	NO
41	U80302KA2005PTC037233	Indus International School (Pune) Private limited	Additional director	23/01/2015	23/01/2015	-	Active	NO
42	U74140KA2002PTC030161	INDUS SCHOLASTIC AND MANAGEMENT SERVICES PRIVATE LIMITED	Additional director	23/01/2015	23/01/2015	-	Active	NO

Name :

Subramanian Baaskaran

Designation :

Director

Address :

Flat No. 802, Tower B, Twin Towers, Off DP Road, Aundh, Pune - 411007, Maharashtra, India

Date of Birth/Age :

04.06.1969

Date of Appointment :

23.12.2013

DIN No.:

02078787

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	U07010KA2004PTC033247	SOBHA SPACE PRIVATE LIMITED	Director	23/01/2004	23/01/2004	25/01/2013	Active	NO
2	U70109KA2009PTC051228	PropCare Mall Management (India) Private Limited	Director	02/08/2014	31/07/2013	-	Active	NO
3	U45201KA2006PTC039180	DEETA CONSTRUCTIONS PRIVATE LIMITED	Director	04/08/2014	13/12/2013	-	Active	NO
4	U45300KA2007PTC044484	Mantri Hamlet Private Limited	Director	29/09/2014	23/12/2013	-	Active	NO
5	U55101KA2008PTC047021	SURAJ Inn Private Limited	Director	29/09/2014	23/12/2013	-	Active	NO
6	U45201KA2007PTC043458	MANTRI INFRASTRUCTURE PRIVATE LIMITED	Director	26/09/2014	23/12/2013	-	Active	NO
7	U74140KA2007PTC044006	Mantri Dwellings Private Limited	Director	02/09/2014	23/12/2013	-	Active	NO
8	U45202KA2007PTC043433	MANTRI GEO STRUCTURES PRIVATE LIMITED	Director	23/07/2014	23/12/2013	-	Active	NO
9	U45201KA2003PTC033023	Mantri Techzone Private Limited	Director	02/08/2014	23/12/2013	-	Active	NO
10	U51311KA2002PTC030545	RAFFLES ENTERPRISES PRIVATE LIMITED	Director	04/08/2014	23/12/2013	-	Active	NO
11	U45201KA2005PTC037698	Mantri Cornerstone Holding Private Limited	Director	10/09/2014	23/12/2013	-	Active	NO
12	U45201KA2006PTC039175	BRAHMAGIRI REALTORS PRIVATE LIMITED	Director	23/07/2014	23/12/2013	-	Active	NO
13	U72200TG2004PTC044097	LANCO HILLS TECHNOLOGY PARK PRIVATE LIMITED	Director	25/09/2014	23/12/2013	-	Active	NO
14	L26900KA1979PLC061580	MARATHWADA REFRACTORIES LIMITED	Director	23/09/2014	23/12/2013	-	Active	NO
15	U70100KA2011PTC060335	Mantri Premier Homes Private Limited	Director	29/09/2014	23/12/2013	-	Active	NO
16	U07010KA2004PTC035166	TARUN REALTORS PRIVATE LIMITED	Director	29/09/2014	23/12/2013	-	Active	NO
17	U45201KA2007PTC043436	MANTRI TECHNOLOGY CONSTELLATIONS PRIVATE LIMITED	Director	26/09/2014	23/12/2013	-	Active	NO
18	U45203KA2011PTC060228	Mantri Gardenview Homes Private Limited	Director	29/09/2014	23/12/2013	-	Active	NO
19	U45201KA2006PTC039177	INESH REALTORS PRIVATE LIMITED	Director	13/06/2014	23/12/2013	-	Active	NO
20	U07010KA2004PTC035169	VISMAY REALTORS PRIVATE LIMITED	Director	18/06/2014	14/03/2014	-	Active	NO
21	U45201KA2007PTC043435	MANTRI SIERRA STRUCTURE PRIVATE LIMITED	Director	23/07/2014	14/03/2014	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Yogender Surender
Designation :	Secretary
Address :	4-4-556, Sultan Bazar, Hyderabad - 500095, Andhra Pradesh, India
Date of Birth/Age :	30.08.1977
Date of Appointment :	02.05.2007
PAN No.:	AAUPY5823B

MAJOR SHAREHOLDERS

As on 25.09.2014

Names of Shareholders (Equity)	No. of Shares
G. Bhaskara Rao	50
L. Sridhar	50
Brahmagiri Realtors Private Limited	58500000
Lanco Infratech Limited	221999900
Total	280500000

Names of Shareholders (Preference)	No. of Shares
Lanco Infratech Limited	20000000
Total	20000000

Equity Share Break up (Percentage of Total Equity)

As on 25.09.2014

Category	Percentage
Bodies corporate	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Real Estate Developer
Products :	--
Brand Names :	--
Agencies Held :	--
Exports :	Not Available
Imports :	Not Available
Terms :
Selling :	Not Available
Purchasing :	Not Available

PRODUCTION STATUS – NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

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

Customers :

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

No. of Employees :

Not Available

Bankers :

· Punjab National Bank, Rayala Towers, 3rd Floor, #781 - 785, Anna Salai, Chennai - 600002, Tamilnadu, India

· Indian Overseas Branch, 3-6-272, NVK Towers, Himayat Nagar, Hyderabad – 500024, Telangana, India

Facilities :

SECURED LOANS	31.03.2014 Rs. In Millions	31.03.2013 Rs. In Millions
LONG TERM BORROWINGS
Rupee term loans from banks	7395.000	6538.000
Loans and advances from related parties	6276.601	3259.001
SHORT TERM BORROWINGS
Rupee term loans from banks	13.631	0.000
Total	13685.232	9797.001

Auditors :
Name :	Brahmayya Chartered Accountants
Address :	Khivraj Mansion, 10/210/2, Kasturba Road, Andhra Pradesh, India
PAN No.:	AAAFB9147R
Memberships :	--
Collaborators :	--
Holding Company :	Lanco Infratech Limited CIN No.: L45200TG1993PLC015545

CAPITAL STRUCTURE

As on 25.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
400000000	Equity Shares	Rs.10/- each	Rs.4000.000 Millions
20000000	Preference Shares	Rs.100/- each	Rs.2000.000 Millions
	Total		Rs.6000.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
280500000	Equity Shares	Rs.10/- each	Rs.2805.000 Millions
20000000	Preference Shares	Rs.100/- each	Rs.2000.000 Millions
	Total		Rs.4805.000 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	4,805.000	4,805.000	4,805.000
(b) Reserves & Surplus	(897.386)	(372.946)	(219.002)
(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)	3,907.614	4,432.054	4,585.998
(3) Non-Current Liabilities
(a) long-term borrowings	13,671.601	9,797.001	9,435.247
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	4,478.921	4,046.553	3,399.155
(d) long-term provisions	14.200	58.662	54.719
Total Non-current Liabilities (3)	18,164.722	13,902.216	12,889.121
(4) Current Liabilities
(a) Short term borrowings	13.631	0.000	0.000
(b) Trade payables	422.073	397.197	392.936
(c) Other current liabilities	2,272.479	5,047.310	5,358.240
(d) Short-term provisions	15.082	22.644	26.294
Total Current Liabilities (4)	2,723.265	5,467.151	5,777.470
TOTAL	24,795.601	23,801.421	23,252.589
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	2,809.725	1,627.904	1,657.414
(ii) Intangible Assets	1.218	1.557	0.000
(iii) Capital work-in-progress	6,287.935	5,821.861	5,028.700
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	0.000	0.000	0.000
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	825.463	836.361	1,010.490
(e) Other Non-current assets	2.383	1.773	6.565
Total Non-Current Assets	9,926.724	8,289.456	7,703.169
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	12,402.021	13,211.647	12,831.748
(c) Trade receivables	595.266	333.071	263.935
(d) Cash and cash equivalents	13.795	114.364	403.756
(e) Short-term loans and advances	1,857.493	1,850.952	2,045.843
(f) Other current assets	0.302	1.931	4.138
Total Current Assets	14,868.877	15,511.965	15,549.420
TOTAL	24,795.601	23,801.421	23,252.589

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2014	31.03.2013	31.03.2012
	SALES
		Income	1,956.609	1,669.710	751.151
		Other Income	5.535	7.597	1.359
		TOTAL	1,962.144	1,677.307	752.510
Less	EXPENSES		2,485.183	1,831.251	787.532
	PROFIT/(LOSS) BEFORE TAX		(523.039)	(153.944)	(35.022)
Less	TAX		0.000	0.000	0.000
	PROFIT/(LOSS) AFTER TAX		(523.039)	(153.944)	(35.022)
	Earnings / (Loss) Per Share (Rs.)		(1.74)	(0.51)	(0.12)

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT/Sales)	(%)	(26.73)	(9.22)	(4.66)
Return on Total Assets (PBT/Total Assets}	(%)	(2.83)	(0.86)	(0.19)
Return on Investment (ROI) (PBT/Networth)		(0.13)	(0.03)	(0.01)
Debt Equity Ratio (Total Debt /Networth)		3.50	2.21	2.06
Current Ratio (Current Asset/Current Liability)		5.46	2.84	2.69

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	4805.000	4805.000	4805.000
Reserves & Surplus	(219.002)	(372.946)	(897.386)
Share Application money pending allotment	0.000	0.000	0.000
Net worth	4585.998	4432.054	3907.614
Long Term borrowings	9435.247	9797.001	13671.601
Short Term borrowings	0.000	0.000	13.631
Total borrowings	9435.247	9797.001	13685.232
Debt/Equity ratio	2.057	2.210	3.502

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	751.151	1,669.710	1,956.609
		122.287	17.183

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	751.151	1,669.710	1,956.609
Profit	(35.022)	(153.944)	(523.039)
	(4.66%)	(9.22%)	(26.73%)

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check List by Info Agents	Available in Report (Yes / No)
1]	Year of Establishment	Yes
2]	Locality of the firm	Yes
3]	Constitutions of the firm	Yes
4]	Premises details	No
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	Yes
8]	No. of employees	No
9]	Name of person contacted	No
10]	Designation of contact person	No
11]	Turnover of firm for last three years	Yes
12]	Profitability for last three years	Yes
13]	Reasons for variation <> 20%	-----------
14]	Estimation for coming financial year	No
15]	Capital in the business	Yes
16]	Details of sister concerns	Yes
17]	Major suppliers	No
18]	Major customers	No
19]	Payments terms	No
20]	Export / Import details (if applicable)	No
21]	Market information	----------
22]	Litigations that the firm / promoter involved in	----------
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

FINANCIAL RESULTS

During the year 2013-14, despite tough market conditions, the company was able to make achieve decent sales. The collections from Residential sales also got affected considerably as compared to previous years. The collections during the year fell short of certain commitments of the company, due to which there were few slippages in meeting financial commitments of the company during the year. The Company expected the market situation to improve during the FY 213-14, however there was no notable improvement in the overall market.

Nevertheless, going forward the company shall put in all its efforts to ensure financial commitments are not delayed. The Company is committed to make the Project a world class integrated township and going forward shall regularly launch the products as conceived in the Master Plan, depending on the market conditions.

INDEX OF CHARGE:

Sr. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10359425	15/05/2012	3,750,000,000.00	Punjab National Bank	Large Corporate Branch, No.781-785, Rayala Towers, III Floor, Anna Salai, Chennai, Tamil Nadu - 600002, India	B41129057
2	10359349	15/05/2012	7,500,000,000.00	Punjab National Bank	No. 781-785, Rayala Towers, III Floor, Anna Salai, Chennai, Tamil Nadu - 600002, India	B41101353
3	10359350	15/05/2012	7,500,000,000.00	Punjab National Bank	No. 781-785, Rayala Towers, Iii Floor, Anna Salai, Chennai, Tamil Nadu - 600002, India	B41102088
4	10132917	05/12/2008	7,500,000,000.00	Punjab National Bank	#781-785, Rayala Towers, 3rd Floor, Anna Salai, Chennai, Tamil Nadu - 600002, India	A52426640
5	10132921	05/12/2008	7,500,000,000.00	Punjab National Bank	#781-785, Rayala Towers, 3rd Floor, Anna Salai, Chennai, Tamil Nadu - 600002, India	A52427317
6	10105681	26/05/2008	3,300,000,000.00	Punjab National Bank	#781 - 785,Rayala Towers, 3rd Floor, Anna Salai, Chennai, Tamil Nadu - 600002, India	A39710140
7	80008306	08/02/2006	750,000,000.00	Punjab National Bank	Large Corporate Branch, Rayala Towers, 3rd Floor, Anna Salai, Chennai, Tamil Nadu - 600002, 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.61.96
UK Pound	1	Rs.94.41
Euro	1	Rs.70.20

INFORMATION DETAILS

Analysis Done by :	DIV
Report Prepared by :	VNT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	2
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILITY	1~10	--
--LIQUIDITY	1~10	1
--LEVERAGE	1~10	1
--RESERVES	1~10	--
--CREDIT LINES	1~10	--
--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		13

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.