MIRA INFORM REPORT

Report No. :	302362
Report Date :	12.01.2015

IDENTIFICATION DETAILS

Name :	WIND WORLD WIND FARMS (INDIA) LIMITED (w.e.f. 20.02.2013)

Formerly Known As :	ENERCON WIND FARMS (INDIA) LIMITED

Registered Office :	Enercon Tower, Plot No. 9-A, Veera Industrial Estate, Veera Desai Road, Andheri (West), Mumbai – 400 053, Maharashtra

Country :	India

Financials (as on) :	31.03.2007

Date of Incorporation :	13.08.1997

Com. Reg. No.:	11-110048

Capital Investment / Paid-up Capital :	Rs.160.000 millions

CIN No.: [Company Identification No.]	U40108MH1997PLC110048

IEC No.:	Not Available

TAN No.: [Tax Deduction & Collection Account No.]	MUME03081B

PAN No.: [Permanent Account No.]	AAACE3530A

Legal Form :	A Closely Held Public Limited Liability Company

Line of Business :	To establish wind farms for electricity generation.

No. of Employees :	Information declined by the Management

RATING & COMMENTS

MIRA’s Rating :

Ca (11)

RATING

STATUS

PROPOSED CREDIT LINE

11-25

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

Limited with full security

Status :	Moderate

Payment Behaviour :	Unknown

Litigation :	Clear

Comments :	Subject is an established company having moderate track record. Management of the company has filed its financial with the Government Department till the year 2008 however financials till the year 2007 are available with us. Mr. Kaushik Khona, Chief Financial Officer denied to disclose any information about the company. As per registrar of companies the status of the company is shown as active. Payment terms are unknown. The company can be considered for business dealings on a 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 – September 30, 2014

Country Name

Previous Rating

(30.06.2014)

Current Rating

(30.09.2014)

India

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

EXTERNAL AGENCY RATING

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 31-03-2014.

INFORMATION DECLINED BY

Name :	Mr. Kalpak Desai
Designation :	Assistant General Manager
Contact No.:	91-22-66924848

Name :	Mr. Kaushik Khona
Designation :	Chief Financial Officer
Contact No.:	91-22-66924848 (Extension: 7159)
Date :	09.01.2015

LOCATIONS

Registered Office :	Enercon Tower, Plot No. 9-A, Veera Industrial Estate, Veera Desai Road, Andheri (West), Mumbai – 400 053, Maharashtra
Tel. No.:	91-22-66924848
Fax No.:	91-22-66990940
E-Mail :	ketkimayekar@rediffmail.com ajay.mehra@enerconindia.net

DIRECTORS

AS ON 31.10.2007

Name :

Mr. Ajay Jogindernath Mehra

Designation :

Director

Address :

301, Harekrishna, Presidency Society, N.S. Road No.8, J.V.P.D., Vile Parle (West), Mumbai - 400 049, Maharashtra, India

Date of Birth/Age :

06.12.1955

Date of Appointment :

13.08.1997

DIN No.:

00296668

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	U29110MH1996PLC098486	VISH WIND INFRASTRUCTURE LIMITED	Director	27-03-1996	27-03-1996	-	Converted to LLP and dissolved	NO
2	U40108MH1997PLC110048	WIND WORLD WIND FARMS (INDIA) LIMITED	Director	13-08-1997	13-08-1997	-	Active	NO
3	U29100MH1998PLC113924	WIND WORLD WIND FARMS (KRISHNA) LIMITED	Director	10-03-1998	10-03-1998	-	Active	NO
4	U40109DD1999PTC002725	WIND WORLD WIND FARMS (KERALA) PRIVATE LIMITED	Director	31-08-1999	31-08-1999	-	Active	NO
5	U40109DD1999PTC002724	WIND WORLD WIND FARMS (TAMILNADU) PRIVATE LIMITED	Director	31-08-1999	31-08-1999	-	Active	NO
6	U40101MH1999PTC123373	WIND WORLD WIND FARMS (M P) PRIVATE LIMITED	Director	30-12-1999	30-12-1999	-	Active	NO
7	U40100MH1999PTC123372	WIND WORLD WIND FARMS (GUJARAT) PRIVATE LIMITED	Director	30-12-1999	30-12-1999	-	Active	NO
8	U40100MH1999PTC123424	WIND WORLD WIND FARMS (RAJASTHAN) PRIVATE LIMITED	Director	31-12-1999	31-12-1999	-	Active	NO
9	U40100MH1999PTC123423	WIND WORLD WIND FARMS (MAHARASHTRA) PRIVATE LIMITED	Director	31-12-1999	31-12-1999	-	Active	NO
10	U40100DD2000PTC004655	WIND WORLD WIND FARMS (MAHARANA PRATAP) PRIVATE LIMITED	Director	03-03-2000	03-03-2000	-	Active	NO
11	U40100MH2000PTC124656	WIND WORLD WIND FARMS (UP) PRIVATE LIMITED	Director	03-03-2000	03-03-2000	-	Active	NO
12	U40100MH2000PTC124658	WIND WORLD WIND FARMS (A P) PRIVATE LIMITED	Director	03-03-2000	03-03-2000	-	Active	NO
13	U40100MH2000PTC124653	WIND WORLD WIND FARMS (JAISALMER) PRIVATE LIMITED	Director	03-03-2000	03-03-2000	-	Active	NO
14	U40108DD2000PLC002842	WIND WORLD WIND FARMS (KARNATAKA) LIMITED	Director	05-04-2002	05-04-2002	-	Active	NO
15	U51505MH2002PTC137251	WIND WORLD WIND FARMS (CHITRADURGA) PRIVATE LIMITED	Director	18-09-2002	18-09-2002	-	Active	NO
16	U67190MH2003PTC138681	WIND WORLD FINANCIAL CONSULTANCY PRIVATE LIMITED	Director	15-01-2003	15-01-2003	-	Active	NO
17	U31200DD2003PLC003236	WIND WORLD (INDIA) LIMITED	Director	22-05-2003	22-05-2003	-	Active	NO
18	U40100MH2000PTC124661	WIND WORLD (INDIA) POWER DEVELOPMENT PRIVATE LIMITED	Director	22-10-2003	22-10-2003	-	Active	NO
19	U40108MH2005PTC151545	WIND WORLD WIND FARMS (HINDUSTAN) PRIVATE LIMITED	Director	23-02-2005	23-02-2005	-	Active	NO
20	U40108DD2005PTC004653	WIND WORLD WIND FARMS (SAI) PRIVATE LIMITED	Director	23-09-2005	23-09-2005	-	Active	NO
21	U45200MH2005PTC156819	WIND WORLD (INDIA) INFRASTRUCTURE PRIVATE LIMITED	Director	18-10-2005	18-10-2005	-	Active	NO
22	U40108DD2005PTC004652	WIND WORLD WIND FARMS (TEMDARAI) PRIVATE LIMITED	Director	14-11-2005	14-11-2005	-	Active	NO
23	U40108DD2005PTC004654	WIND WORLD WIND FARMS (PRITHVI) PRIVATE LIMITED	Director	30-12-2005	30-12-2005	-	Active	NO
24	U00432DD2006PTC004406	WIND WORLD WIND FARMS (NETTUR) PRIVATE LIMITED	Director	07-02-2006	07-02-2006	-	Active	NO
25	U40102MH2006PTC164428	HAREKRISHNA ENERGY PRIVATE LIMITED	Director	09-09-2006	09-09-2006	-	Active	NO
26	U40100GA2007PTC005317	WIND WORLD WIND FARMS (CAUVERY) PRIVATE LIMITED	Director	23-05-2007	23-05-2007	20-03-2012	Active	NO
27	U40100GA2007PTC005316	WIND WORLD WIND FARMS (SAMANA) PRIVATE LIMITED	Director	23-05-2007	23-05-2007	20-03-2012	Active	NO
28	U40100GA2007PTC005318	WIND WORLD WIND FARMS (GADAG) PRIVATE LIMITED	Director	23-05-2007	23-05-2007	20-03-2012	Active	NO
29	U40106MH2000PTC126411	WIND WORLD WIND RESOURCES DEVELOPMENT PRIVATE LIMITED	Director	15-01-2008	15-01-2008	-	Active	NO
30	U40104MH2008PTC185429	VAAYU RENEWABLE ENERGY PRIVATE LIMITED	Director	04-08-2008	04-08-2008	-	Active	NO
31	U40108MH2009PTC189691	VAAYU RENEWABLE ENERGY (KRISHNA) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
32	U40109MH2009PTC189692	VAAYU RENEWABLE ENERGY (GANGA) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
33	U40103MH2009PTC189693	VAAYU RENEWABLE ENERGY (GODAVARI) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
34	U40101MH2009PTC189694	VAAYU RENEWABLE ENERGY (INDUS) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
35	U40101MH2009PTC189695	VAAYU RENEWABLE ENERGY (NARMADA) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
36	U40105MH2009PTC189696	VAAYU RENEWABLE ENERGY (SARASWATI) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
37	U40105MH2009PTC189699	VAAYU RENEWABLE ENERGY (TAPI) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
38	U40105MH2009PTC189700	VAAYU RENEWABLE ENERGY (YAMUNA) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
39	U40105MH2009PTC189701	VAAYU RENEWABLE ENERGY (KAVERI) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
40	U40105MH2009PTC189727	VAAYU RENEWABLE ENERGY (TUNGABHADRA) PRIVATE LIMITED	Director	20-01-2009	20-01-2009	-	Active	NO
41	U40102DD2009PTC004677	VAAYU (INDIA) POWER CORPORATION PRIVATE LIMITED	Managing director	01-04-2011	12-11-2009	-	Active	NO
42	U40300MH2011PTC219912	VAAYU RENEWABLE ENERGY (MAHANADI) PRIVATE LIMITED	Director	18-07-2011	18-07-2011	-	Active	NO
43	U40101MH2011PTC219913	VAAYU RENEWABLE ENERGY (GOMTI) PRIVATE LIMITED	Director	18-07-2011	18-07-2011	-	Active	NO
44	U40109MH2011PTC219914	VAAYU RENEWABLE ENERGY (MEGHNA) PRIVATE LIMITED	Director	18-07-2011	18-07-2011	02-02-2012	Active	NO
45	U40108MH2011PTC219931	VAAYU RENEWABLE ENERGY (PAMBA) PRIVATE LIMITED	Director	19-07-2011	19-07-2011	-	Active	NO
46	U40300MH2011PTC219994	VAAYU RENEWABLE ENERGY (NETRAVATI) PRIVATE LIMITED	Director	20-07-2011	20-07-2011	-	Active	NO
47	U40300MH2011PTC219995	VAAYU RENEWABLE ENERGY (TAPTI) PRIVATE LIMITED	Director	20-07-2011	20-07-2011	-	Active	NO
48	U40105MH2011PTC220061	VAAYU RENEWABLE ENERGY (COOUM) PRIVATE LIMITED	Director	22-07-2011	22-07-2011	-	Active	NO
49	U40108MH2011PTC220046	VAAYU RENEWABLE ENERGY (PURNA) PRIVATE LIMITED	Director	22-07-2011	22-07-2011	23-07-2011	Active	NO
50	U40108DD2011PTC004701	VAAYU RENEWABLE ENERGY (ARABIAN SEA) PRIVATE LIMITED	Director	17-10-2011	17-10-2011	-	Active	NO
51	U45400MH2012PTC227926	JOGIHALLI INFRASTRUCTURE COMPANY PRIVATE LIMITED	Director	10-03-2012	10-03-2012	-	Active	NO
52	U40300MH2013PTC243239	VAAYU RENEWABLE ENERGY (SAIGAON) PRIVATE LIMITED	Director	12-05-2013	12-05-2013	-	Active	NO
53	U40108DD2013PTC004718	VAAYU RENEWABLE ENERGY (KALAKUDI) PRIVATE LIMITED	Director	21-05-2013	21-05-2013	-	Active	NO
54	U40300MH2013PTC244960	VAAYU RENEWABLE ENERGY (SIRONJ) PRIVATE LIMITED	Director	29-06-2013	29-06-2013	-	Active	NO
55	U40108DD2013PTC004723	VAAYU RENEWABLE ENERGY (VAGAIKULAM) PRIVATE LIMITED	Director	20-07-2013	20-07-2013	-	Active	NO
56	U40108DD2013PTC004734	VAAYU RENEWABLE ENERGY (MANDVI) PRIVATE LIMITED	Director	12-10-2013	12-10-2013	-	Active	NO
57	U40102DD2013PTC004735	VAAYU RENEWABLE ENERGY (MEVASA) PRIVATE LIMITED	Director	12-10-2013	12-10-2013	-	Active	NO
58	U40108DD2013PTC004736	VAAYU RENEWABLE ENERGY (PARNER) PRIVATE LIMITED	Director	12-10-2013	12-10-2013	-	Active	NO
59	U40200DD2013PTC004737	VAAYU RENEWABLE ENERGY (KOLAM) PRIVATE LIMITED	Director	12-10-2013	12-10-2013	-	Active	NO
60	AAA-1760	VISH WIND INFRASTRUCTURE LLP	Designated Partner	09-07-2010	09-07-2010	-	Active	NO
61	AAA-2178	NIRVANA WIND POWER INFRASTRUCTURE LLP	Designated Partner	03-09-2010	03-09-2010	-	Active	NO
62	AAA-2209	RAY URJA INFRASTRUCTURE LLP	Designated Partner	09-09-2010	09-09-2010	-	Active	NO
63	AAA-5643	VAAYU ENERGY LLP	Designated Partner	19-07-2011	19-07-2011	-	Active	NO
64	AAA-7500	VAAYU INFRASTRUCTURE LLP	Partner	25-02-2013	02-01-2012	-	Active	NO

Name :

Mr. Yogesh Jogindernath Mehra

Designation :

Director

Address :

201, Harekrishna, Presidency Society, N.S. Road No.8, J.V.P.D., Vile Parle (West), Mumbai - 400 049, Maharashtra, India

Date of Birth/Age :

01.12.1959

Date of Appointment :

13.08.1997

DIN No.:

00296579

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	U29110MH1996PLC098486	VISH WIND INFRASTRUCTURE LIMITED	Director	27-03-1996	27-03-1996	-	Converted to LLP and dissolved	NO
2	U40108MH1997PLC110048	WIND WORLD WIND FARMS (INDIA) LIMITED	Director	13-08-1997	13-08-1997	-	Active	NO
3	U29100MH1998PLC113924	WIND WORLD WIND FARMS (KRISHNA) LIMITED	Director	10-03-1998	10-03-1998	-	Active	NO
4	U40109DD1999PTC002725	WIND WORLD WIND FARMS (KERALA) PRIVATE LIMITED	Director	31-08-1999	31-08-1999	-	Active	NO
5	U40109DD1999PTC002724	WIND WORLD WIND FARMS (TAMILNADU) PRIVATE LIMITED	Director	31-08-1999	31-08-1999	-	Active	NO
6	U40101MH1999PTC123373	WIND WORLD WIND FARMS (M P) PRIVATE LIMITED	Director	30-12-1999	30-12-1999	-	Active	NO
7	U40100MH1999PTC123372	WIND WORLD WIND FARMS (GUJARAT) PRIVATE LIMITED	Director	30-12-1999	30-12-1999	-	Active	NO
8	U40100MH1999PTC123424	WIND WORLD WIND FARMS (RAJASTHAN) PRIVATE LIMITED	Director	31-12-1999	31-12-1999	-	Active	NO
9	U40100MH1999PTC123423	WIND WORLD WIND FARMS (MAHARASHTRA) PRIVATE LIMITED	Director	31-12-1999	31-12-1999	-	Active	NO
10	U40100DD2000PTC004655	WIND WORLD WIND FARMS (MAHARANA PRATAP) PRIVATE LIMITED	Director	03-03-2000	03-03-2000	-	Active	NO
11	U40100MH2000PTC124656	WIND WORLD WIND FARMS (UP) PRIVATE LIMITED	Director	03-03-2000	03-03-2000	-	Active	NO
12	U40100MH2000PTC124658	WIND WORLD WIND FARMS (A P) PRIVATE LIMITED	Director	03-03-2000	03-03-2000	-	Active	NO
13	U40100MH2000PTC124653	WIND WORLD WIND FARMS (JAISALMER) PRIVATE LIMITED	Director	03-03-2000	03-03-2000	-	Active	NO
14	U40108DD2000PLC002842	WIND WORLD WIND FARMS (KARNATAKA) LIMITED	Director	05-04-2002	05-04-2002	-	Active	NO
15	U51505MH2002PTC137251	WIND WORLD WIND FARMS (CHITRADURGA) PRIVATE LIMITED	Director	18-09-2002	18-09-2002	-	Active	NO
16	U67190MH2003PTC138681	WIND WORLD FINANCIAL CONSULTANCY PRIVATE LIMITED	Director	15-01-2003	15-01-2003	-	Active	NO
17	U31200DD2003PLC003236	WIND WORLD (INDIA) LIMITED	Director	22-05-2003	22-05-2003	-	Active	NO
18	U40100MH2000PTC124661	WIND WORLD (INDIA) POWER DEVELOPMENT PRIVATE LIMITED	Director	22-10-2003	22-10-2003	-	Active	NO
19	U35300MH2004PTC148780	ABG RESOURCES PRIVATE LIMITED	Director	23-09-2004	23-09-2004	31-07-2008	Amalgamated	NO
20	U40108MH2005PTC151545	WIND WORLD WIND FARMS (HINDUSTAN) PRIVATE LIMITED	Director	23-02-2005	23-02-2005	-	Active	NO
21	U40108DD2005PTC004653	WIND WORLD WIND FARMS (SAI) PRIVATE LIMITED	Director	23-09-2005	23-09-2005	-	Active	NO
22	U45200MH2005PTC156819	WIND WORLD (INDIA) INFRASTRUCTURE PRIVATE LIMITED	Director	18-10-2005	18-10-2005	-	Active	NO
23	U40108DD2005PTC004652	WIND WORLD WIND FARMS (TEMDARAI) PRIVATE LIMITED	Director	14-11-2005	14-11-2005	-	Active	NO
24	U40108DD2005PTC004654	WIND WORLD WIND FARMS (PRITHVI) PRIVATE LIMITED	Director	30-12-2005	30-12-2005	-	Active	NO
25	U00432DD2006PTC004406	WIND WORLD WIND FARMS (NETTUR) PRIVATE LIMITED	Director	07-02-2006	07-02-2006	-	Active	NO
26	U40102MH2006PTC164428	HAREKRISHNA ENERGY PRIVATE LIMITED	Director	09-09-2006	09-09-2006	-	Active	NO
27	U40100GA2007PTC005317	WIND WORLD WIND FARMS (CAUVERY) PRIVATE LIMITED	Director	23-05-2007	23-05-2007	20-03-2012	Active	NO
28	U40100GA2007PTC005318	WIND WORLD WIND FARMS (GADAG) PRIVATE LIMITED	Director	23-05-2007	23-05-2007	20-03-2012	Active	NO
29	U40100GA2007PTC005316	WIND WORLD WIND FARMS (SAMANA) PRIVATE LIMITED	Director	23-05-2007	23-05-2007	20-03-2012	Active	NO
30	U40106MH2000PTC126411	WIND WORLD WIND RESOURCES DEVELOPMENT PRIVATE LIMITED	Director	15-01-2008	15-01-2008	-	Active	NO
31	U40104MH2008PTC185429	VAAYU RENEWABLE ENERGY PRIVATE LIMITED	Director	04-08-2008	04-08-2008	-	Active	NO
32	U40108MH2009PTC189691	VAAYU RENEWABLE ENERGY (KRISHNA) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
33	U40109MH2009PTC189692	VAAYU RENEWABLE ENERGY (GANGA) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
34	U40103MH2009PTC189693	VAAYU RENEWABLE ENERGY (GODAVARI) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
35	U40101MH2009PTC189694	VAAYU RENEWABLE ENERGY (INDUS) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
36	U40101MH2009PTC189695	VAAYU RENEWABLE ENERGY (NARMADA) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
37	U40105MH2009PTC189696	VAAYU RENEWABLE ENERGY (SARASWATI) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
38	U40105MH2009PTC189699	VAAYU RENEWABLE ENERGY (TAPI) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
39	U40105MH2009PTC189700	VAAYU RENEWABLE ENERGY (YAMUNA) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
40	U40105MH2009PTC189701	VAAYU RENEWABLE ENERGY (KAVERI) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
41	U40105MH2009PTC189727	VAAYU RENEWABLE ENERGY (TUNGABHADRA) PRIVATE LIMITED	Director	20-01-2009	20-01-2009	-	Active	NO
42	U40102DD2009PTC004677	VAAYU (INDIA) POWER CORPORATION PRIVATE LIMITED	Whole-time director	01-04-2011	12-11-2009	-	Active	NO
43	U40300MH2011PTC219912	VAAYU RENEWABLE ENERGY (MAHANADI) PRIVATE LIMITED	Director	18-07-2011	18-07-2011	-	Active	NO
44	U40101MH2011PTC219913	VAAYU RENEWABLE ENERGY (GOMTI) PRIVATE LIMITED	Director	18-07-2011	18-07-2011	-	Active	NO
45	U40109MH2011PTC219914	VAAYU RENEWABLE ENERGY (MEGHNA) PRIVATE LIMITED	Director	18-07-2011	18-07-2011	02-02-2012	Active	NO
46	U40108MH2011PTC219931	VAAYU RENEWABLE ENERGY (PAMBA) PRIVATE LIMITED	Director	19-07-2011	19-07-2011	-	Active	NO
47	U40300MH2011PTC219994	VAAYU RENEWABLE ENERGY (NETRAVATI) PRIVATE LIMITED	Director	20-07-2011	20-07-2011	-	Active	NO
48	U40300MH2011PTC219995	VAAYU RENEWABLE ENERGY (TAPTI) PRIVATE LIMITED	Director	20-07-2011	20-07-2011	-	Active	NO
49	U40105MH2011PTC220061	VAAYU RENEWABLE ENERGY (COOUM) PRIVATE LIMITED	Director	22-07-2011	22-07-2011	-	Active	NO
50	U40108MH2011PTC220046	VAAYU RENEWABLE ENERGY (PURNA) PRIVATE LIMITED	Director	22-07-2011	22-07-2011	23-07-2011	Active	NO
51	U40108DD2011PTC004701	VAAYU RENEWABLE ENERGY (ARABIAN SEA) PRIVATE LIMITED	Director	17-10-2011	17-10-2011	-	Active	NO
52	U45400MH2012PTC227926	JOGIHALLI INFRASTRUCTURE COMPANY PRIVATE LIMITED	Director	10-03-2012	10-03-2012	-	Active	NO
53	U40300MH2013PTC243239	VAAYU RENEWABLE ENERGY (SAIGAON) PRIVATE LIMITED	Director	12-05-2013	12-05-2013	-	Active	NO
54	U40108DD2013PTC004718	VAAYU RENEWABLE ENERGY (KALAKUDI) PRIVATE LIMITED	Director	21-05-2013	21-05-2013	-	Active	NO
55	U40300MH2013PTC244960	VAAYU RENEWABLE ENERGY (SIRONJ) PRIVATE LIMITED	Director	29-06-2013	29-06-2013	-	Active	NO
56	U40108DD2013PTC004723	VAAYU RENEWABLE ENERGY (VAGAIKULAM) PRIVATE LIMITED	Director	20-07-2013	20-07-2013	-	Active	NO
57	U40108DD2013PTC004734	VAAYU RENEWABLE ENERGY (MANDVI) PRIVATE LIMITED	Director	12-10-2013	12-10-2013	-	Active	NO
58	U40102DD2013PTC004735	VAAYU RENEWABLE ENERGY (MEVASA) PRIVATE LIMITED	Director	12-10-2013	12-10-2013	-	Active	NO
59	U40108DD2013PTC004736	VAAYU RENEWABLE ENERGY (PARNER) PRIVATE LIMITED	Director	12-10-2013	12-10-2013	-	Active	NO
60	U40200DD2013PTC004737	VAAYU RENEWABLE ENERGY (KOLAM) PRIVATE LIMITED	Director	12-10-2013	12-10-2013	-	Active	NO
61	AAA-1760	VISH WIND INFRASTRUCTURE LLP	Designated Partner	09-07-2010	09-07-2010	-	Active	NO
62	AAA-2178	NIRVANA WIND POWER INFRASTRUCTURE LLP	Designated Partner	03-09-2010	03-09-2010	-	Active	NO
63	AAA-2209	RAY URJA INFRASTRUCTURE LLP	Designated Partner	09-09-2010	09-09-2010	-	Active	NO
64	AAA-5643	VAAYU ENERGY LLP	Designated Partner	19-07-2011	19-07-2011	-	Active	NO
65	AAA-7500	VAAYU INFRASTRUCTURE LLP	Partner	25-02-2013	02-01-2012	-	Active	NO

Name :

Mrs. Radhika Yogesh Mehra

Designation :

Director

Address :

201, Harekrishna, Presidency Society, N.S. Road No.8, J.V.P.D., Vile Parle (West), Mumbai - 400 049, Maharashtra, India

Date of Birth/Age :

18.06.1959

Date of Appointment :

13.08.1997

DIN No.:

00564884

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	U40108MH1997PLC110048	WIND WORLD WIND FARMS (INDIA) LIMITED	Director	13-08-1997	13-08-1997	-	Active	NO
2	U40109DD1999PTC002725	WIND WORLD WIND FARMS (KERALA) PRIVATE LIMITED	Director	31-08-1999	31-08-1999	-	Active	NO
3	U40109DD1999PTC002724	WIND WORLD WIND FARMS (TAMILNADU) PRIVATE LIMITED	Director	31-08-1999	31-08-1999	-	Active	NO
4	U40101MH1999PTC123373	WIND WORLD WIND FARMS (M P) PRIVATE LIMITED	Director	30-12-1999	30-12-1999	-	Active	NO
5	U40100MH1999PTC123372	WIND WORLD WIND FARMS (GUJARAT) PRIVATE LIMITED	Director	30-12-1999	30-12-1999	-	Active	NO
6	U40100MH1999PTC123424	WIND WORLD WIND FARMS (RAJASTHAN) PRIVATE LIMITED	Director	31-12-1999	31-12-1999	-	Active	NO
7	U40100MH1999PTC123423	WIND WORLD WIND FARMS (MAHARASHTRA) PRIVATE LIMITED	Director	31-12-1999	31-12-1999	-	Active	NO
8	U29110MH1996PLC098486	VISH WIND INFRASTRUCTURE LIMITED	Director	01-03-2000	01-03-2000	-	Converted to LLP and dissolved	NO
9	U40100DD2000PTC004655	WIND WORLD WIND FARMS (MAHARANA PRATAP) PRIVATE LIMITED	Director	03-03-2000	03-03-2000	-	Active	NO
10	U40100MH2000PTC124656	WIND WORLD WIND FARMS (UP) PRIVATE LIMITED	Director	03-03-2000	03-03-2000	-	Active	NO
11	U40100MH2000PTC124658	WIND WORLD WIND FARMS (A P) PRIVATE LIMITED	Director	03-03-2000	03-03-2000	-	Active	NO
12	U40100MH2000PTC124653	WIND WORLD WIND FARMS (JAISALMER) PRIVATE LIMITED	Director	03-03-2000	03-03-2000	-	Active	NO
13	U65990MH1979PTC021770	J N INVESTMENTS AND TRADING COMPANY PRIVATE LIMITED	Director	30-04-2001	30-04-2001	-	Active	NO
14	U51505MH2002PTC137251	WIND WORLD WIND FARMS (CHITRADURGA) PRIVATE LIMITED	Director	18-09-2002	18-09-2002	-	Active	NO
15	U67190MH2003PTC138681	WIND WORLD FINANCIAL CONSULTANCY PRIVATE LIMITED	Director	15-01-2003	15-01-2003	-	Active	NO
16	U40100MH2000PTC124661	WIND WORLD (INDIA) POWER DEVELOPMENT PRIVATE LIMITED	Director	22-10-2003	22-10-2003	-	Active	NO
17	U40108MH2005PTC151545	WIND WORLD WIND FARMS (HINDUSTAN) PRIVATE LIMITED	Director	23-02-2005	23-02-2005	-	Active	NO
18	U40108DD2005PTC004653	WIND WORLD WIND FARMS (SAI) PRIVATE LIMITED	Director	23-09-2005	23-09-2005	-	Active	NO
19	U40108DD2005PTC004652	WIND WORLD WIND FARMS (TEMDARAI) PRIVATE LIMITED	Director	14-11-2005	14-11-2005	-	Active	NO
20	U40108DD2005PTC004654	WIND WORLD WIND FARMS (PRITHVI) PRIVATE LIMITED	Director	30-12-2005	30-12-2005	-	Active	NO
21	U00432DD2006PTC004406	WIND WORLD WIND FARMS (NETTUR) PRIVATE LIMITED	Director	07-02-2006	07-02-2006	-	Active	NO
22	U40100GA2007PTC005317	WIND WORLD WIND FARMS (CAUVERY) PRIVATE LIMITED	Director	23-05-2007	23-05-2007	20-03-2012	Active	NO
23	U40100GA2007PTC005316	WIND WORLD WIND FARMS (SAMANA) PRIVATE LIMITED	Director	23-05-2007	23-05-2007	20-03-2012	Active	NO
24	U40100GA2007PTC005318	WIND WORLD WIND FARMS (GADAG) PRIVATE LIMITED	Director	23-05-2007	23-05-2007	20-03-2012	Active	NO
25	U40108MH2009PTC189691	VAAYU RENEWABLE ENERGY (KRISHNA) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
26	U40109MH2009PTC189692	VAAYU RENEWABLE ENERGY (GANGA) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
27	U40103MH2009PTC189693	VAAYU RENEWABLE ENERGY (GODAVARI) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
28	U40101MH2009PTC189694	VAAYU RENEWABLE ENERGY (INDUS) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
29	U40101MH2009PTC189695	VAAYU RENEWABLE ENERGY (NARMADA) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
30	U40105MH2009PTC189696	VAAYU RENEWABLE ENERGY (SARASWATI) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
31	U40105MH2009PTC189699	VAAYU RENEWABLE ENERGY (TAPI) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
32	U40105MH2009PTC189700	VAAYU RENEWABLE ENERGY (YAMUNA) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
33	U40105MH2009PTC189701	VAAYU RENEWABLE ENERGY (KAVERI) PRIVATE LIMITED	Director	19-01-2009	19-01-2009	-	Active	NO
34	U40105MH2009PTC189727	VAAYU RENEWABLE ENERGY (TUNGABHADRA) PRIVATE LIMITED	Director	20-01-2009	20-01-2009	-	Active	NO
35	U40300MH2011PTC219912	VAAYU RENEWABLE ENERGY (MAHANADI) PRIVATE LIMITED	Director	18-07-2011	18-07-2011	-	Active	NO
36	U40101MH2011PTC219913	VAAYU RENEWABLE ENERGY (GOMTI) PRIVATE LIMITED	Director	18-07-2011	18-07-2011	-	Active	NO
37	U40109MH2011PTC219914	VAAYU RENEWABLE ENERGY (MEGHNA) PRIVATE LIMITED	Director	18-07-2011	18-07-2011	-	Active	NO
38	U40108MH2011PTC219931	VAAYU RENEWABLE ENERGY (PAMBA) PRIVATE LIMITED	Director	19-07-2011	19-07-2011	-	Active	NO
39	U40300MH2011PTC219994	VAAYU RENEWABLE ENERGY (NETRAVATI) PRIVATE LIMITED	Director	20-07-2011	20-07-2011	-	Active	NO
40	U40300MH2011PTC219995	VAAYU RENEWABLE ENERGY (TAPTI) PRIVATE LIMITED	Director	20-07-2011	20-07-2011	-	Active	NO
41	U40105MH2011PTC220061	VAAYU RENEWABLE ENERGY (COOUM) PRIVATE LIMITED	Director	22-07-2011	22-07-2011	-	Active	NO
42	U40108MH2011PTC220046	VAAYU RENEWABLE ENERGY (PURNA) PRIVATE LIMITED	Director	22-07-2011	22-07-2011	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Kaushik Khona
Designation :	Chief Financial Officer

Name :	Mr. Kalpak Desai
Designation :	Assistant General Manager

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 31.10.2007

Names of Shareholders		No. of Shares
Mehra J. Yogesh (Nominee of Enercon (India) Limited)		100
Mehra J. Ajay (Nominee of Enercon (India) Limited)		100
Mehra K. Jogindernath (Nominee of Enercon (India) Limited)		100
Mehra J. Sudarshan (Nominee of Enercon (India) Limited)		100
Mehra Yogesh Radhika (Nominee of Enercon (India) Limited)		100
Mehra Ajay Minaskshi (Nominee of Enercon (India) Limited)		100
Enercon (India) Limited, India		4159400
Enercon GmbH, Germany		11840000
Total		16000000

AS ON 31.10.2007

Equity Share Breakup		Percentage of Holding
Category
Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others]		74.00
Bodies corporate		26.00
Total		100.00

BUSINESS DETAILS

Line of Business :	To establish wind farms for electricity generation.

Products :	Not Available

Brand Names :	Not Available

Agencies Held :	Not Available

Exports :	Not Divulged

Imports :	Not Divulged

Terms :	Not Divulged

PRODUCTION STATUS – NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

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

No. of Employees :

Information declined by the Management

Bankers :

Banker Name	Oriental Bank of Commerce
Branch Address	Shree Chambers, Tata Road No.2, Opera House, Mumbai – 400 004, Maharashtra, India
Person Name (With Designation)	Not Divulged
Contact Number	Not Divulged
Name of Account Holder	Not Divulged
Account Number	Not Divulged
Account Since (Date/Year of Account Opening)	Not Divulged
Average Balance Maintained (If Possible)	Not Divulged
Credit Facilities Enjoyed (If any)	Not Divulged
Account Operation	Not Divulged
Remarks (If any)	Not Divulged

ABN Amro Bank NV, 4^th Floor; Shakar Bhavan, Nariman Point, Mumbai – 400 021, Maharashtra, India

Facilities :

Secured Loans	31.03.2007 (Rs. in Millions)	31.03.2006 (Rs. in Millions)
From a Scheduled Bank: Term Loan from ABN Amro Bank [Repayable within one year Rs. Nil (Previous Year: Rs.85.698 millions)]	0.000	85.698
Lease Obligation: Vehicle Loan [Repayable within one year Rs.0.129 million (Previous Year: Rs.0.375 million)]	0.129	0.504
Total	0.129	86.202

Note:

1. Vehicle loan under lease obligation is secured against hypothecation of Vehicle.

Banking Relations :	--

Auditors :
Name :	Deloitte Haskins and Sells Chartered Accountants
Address :	12, Dr. Annie Besant Road, Opposite Shiv Sagar Estate, Worli, Mumbai – 400 018, Maharashtra, India
Tel. No.:	91-22-66679000
Fax No.:	91-22-66679025
PAN No.:	AACFD4815A

Memberships :	Not Available

Collaborators :	Not Available

Holding Company :	Enercon GmbH

CAPITAL STRUCTURE

AS ON 31.03.2007

Authorised Capital :

No. of Shares	Type	Value	Amount
18000000	Equity Shares	Rs.10/- each	Rs.180.000 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
16000000	Equity Shares	Rs.10/- each	Rs.160.000 millions

(Out of the above 11840000 Equity Shares of Rs.10/- each fully paid-up are held by Enercon GmbH – Germany, the Holding Company.)

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2007	31.03.2006	31.03.2005
SHAREHOLDERS FUNDS
1] Share Capital		160.000	160.000	160.000
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		119.037	0.000	0.000
4] (Accumulated Losses)		0.000	(5.317)	(20.581)
NETWORTH		279.037	154.683	139.419
LOAN FUNDS
1] Secured Loans		0.129	86.202	151.560
2] Unsecured Loans		0.000	0.000	0.000
TOTAL BORROWING		0.129	86.202	151.560
DEFERRED TAX LIABILITIES		39.386	0.000	0.000

TOTAL		318.552	240.885	290.979

APPLICATION OF FUNDS

FIXED ASSETS [Net Block]		336.201	232.264	274.241
Capital work-in-progress		1.645	0.000	0.000

INVESTMENT		0.000	0.000	0.000
DEFERRED TAX ASSETS		0.000	0.000	0.000

CURRENT ASSETS, LOANS & ADVANCES
	Inventories	0.000	0.000	0.000
	Sundry Debtors	1.997	1.912	14.334
	Cash & Bank Balances	0.658	5.327	6.746
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	0.352	2.283	1.742
Total Current Assets		3.007	9.522	22.822
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	6.487	0.711	4.584
	Other Current Liabilities	0.456	0.039
	Provisions	15.358	0.151	1.500
Total Current Liabilities		22.301	0.901	6.084
Net Current Assets		(19.294)	8.621	16.738

MISCELLANEOUS EXPENSES		0.000	0.000	0.000

TOTAL		318.552	240.885	290.979

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2007	31.03.2006	31.03.2005
	SALES
		Sale of Power	88.461	77.535	89.540
		Reversal of excess depreciation arising on change in the method	128.405	0.000	0.000
		Other Income	6.584	0.528	0.832
		TOTAL (A)	223.450	78.063	90.372

Less	EXPENSES
		Operating & Other Expenses	10.076	10.045	74.280
		TOTAL (B)	10.076	10.045	74.280 (Including interest and depreciation)

Less	PROFIT / (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		213.374	68.018

Less	INTEREST (D)		4.333	9.112

	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		209.041	58.906

Less/ Add	DEPRECIATION/ AMORTISATION (F)		24.468	42.201

	PROFIT / (LOSS) BEFORE TAX (E-F) (G)		184.573	16.705	16.092

Less	TAX (H)		60.386	1.442	1.500

	PROFIT / (LOSS) AFTER TAX (G-H) (I)		124.187	15.263	14.592

Add/ Less	Tax adjustments in respect of prior year		0.166	0.000	NA

Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		(5.317)	(20.580)	NA

	BALANCE CARRIED TO THE B/S		119.036	(5.317)	NA

	Earnings / (Loss) Per Share (Rs.)		7.77	0.95	NA

KEY RATIOS

PARTICULARS		31.03.2007	31.03.2006	31.03.2005
Net Profit Margin (PAT/ Total Income)	(%)	55.58	19.55	16.15

Operating Profit Margin (PBDIT/ Total Income)	(%)	95.49	87.13	NA

Return on Total Assets (PBT/Total Assets}	(%)	54.41	6.91	5.42

Return on Investment (ROI) (PBT/Networth)		0.66	0.11	0.12

Debt Equity Ratio (Total Debt/Networth)		0.00	0.56	1.09

Current Ratio (Current Asset/Current Liability)		0.13	10.57	3.75

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particular	31.03.2005	31.03.2006	31.03.2007
	(INR in Mlns.)	(INR in Mlns.)	(INR in Mlns.)
Share Capital	160.000	160.000	160.000
Reserves & Surplus	0.000	0.000	119.037
Accumulated Losses)	(20.581)	(5.317)	0.000
Net worth	139.419	154.683	279.037

Secured Loans	151.560	86.202	0.129
Unsecured Loans	0.000	0.000	0.000
Total borrowings	151.560	86.202	0.129
Debt/Equity ratio	1.087	0.557	0.000

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2005	31.03.2006	31.03.2007
	(INR in Mlns)	(INR in Mlns)	(INR in Mlns)
Total Income	90.372	78.063	223.450
		-13.620	186.243

NET PROFIT MARGIN

Net Profit Margin	31.03.2005	31.03.2006	31.03.2007
	(INR in Mlns)	(INR in Mlns)	(INR in Mlns)
Total Income	90.372	78.063	223.450
Profit	14.592	15.263	124.187
	16.15%	19.55%	55.58%

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	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	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	No
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	No

Note:

The registered office of the company has been shifted from Kol Site House, Plot No.31, Shah Industrial Estate, Mumbai – 400 053, Maharashtra to the present address w.e.f. 04.05.2007.

INDEX OF CHARGES

S. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10213631	29/03/2010	450,000,000.00	ORIENTAL BANK OF COMMERCE	SHREE CHAMBERS, TATA ROAD NO. 2, OPERA HOUSE, MUMBAI, MAHARASHTRA - 400004, INDIA	A83754994
2	90145514	19/11/2004	500,000,000.00	INDRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED	RAMAN HOUSE; H.T. PAREKH ROAD, 169; BACKBAY RECLAMATION, MUMBAI, MAHARASHTRA - 400020, INDIA	-
3	90142439	10/08/2000 *	153,400,000.00	INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED	CORE 4-A; EAST COURT; 1ST FLOOR, INDIA HABIBAT CENTRE; LODHI ROAD, NEW DELHI, DELHI - 110003, INDIA	-

* Date of charge modification

Financial Results AND Performance Review:

The Company has generated 27,004,400 (Kwh) units of electricity and has registered a sale of Rs.88.461 millions. There is a Profit after tax of Rs.124.187 millions.

FIXED ASSETS:

Owned Assets

Plant and Machinery
Vehicles

Leased Assets

Vehicles

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.62.39
UK Pound	1	Rs.94.17
Euro	1	Rs.73.61

INFORMATION DETAILS

Information Gathered by :	SVA

Analysis Done by :	SUB

Report Prepared by :	SMN

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	2
PAID-UP CAPITAL	1~10	2
OPERATING SCALE	1~10	2
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	2
-- PROFITABILITY	1~10	-
--LIQUIDITY	1~10	2
--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		11

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
--	NB	New Business	--

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.

MIRA INFORM REPORT

0.000

1.997

0.658

0.000

0.352

3.007

6.487

0.456

15.358

22.301

(19.294)

55.58

95.49

54.41

0.66

0.00

0.13

Financial Results AND Performance Review:

Unit