MIRA INFORM REPORT

 

 

Report No. :

302670

Report Date :

13.01.2015

 

 

 

 

 

 

Tel No.:

91 022 66699761

 

NOTE: The registered office address of the company has been shifted from the above address to the present address w.e.f. 01.04.2013.



IDENTIFICATION DETAILS

 

Name :

TATA AIG GENERAL INSURANCE COMPANY LIMITED

 

 

Registered Office :

15th Floor, Tower A, Peninsula Business Park, G K Marg, Lower Parel, Mumbai – 400013, Maharashtra

 

 

Country :

India

 

 

Financials (as on) :

31.03.2014

 

 

Date of Incorporation :

24.08.2000

 

 

Com. Reg. No.:

11-128425

 

 

Capital Investment / Paid-up Capital :

Rs.5050.000 Millions

 

 

CIN No.:

[Company Identification No.]

U85110MH2000PLC128425

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

MUMT07207E

 

 

PAN No.:

[Permanent Account No.]

Not Available

 

 

Legal Form :

A Closely Held Public Limited Liability Company

 

 

Line of Business :

Providing Insurance Services and Loan Services for Education, Home and Business

 

 

No. of Employees :

Information declined by the management

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (42)

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually correct

 

 

Litigation :

Exist

 

 

Comments :

Subject is a Indo-US Joint Venture between Tata Group, India’s premier industrial house and American International Group, Inc, USA

 

It is having satisfactory track record. But there appears huge losses recorded by the company.

 

However, networth appears to be strong. Trade relations are reported to be fair. Business is active. Payments are reported to be usually correct and as per commitment.

 

The company can be considered for business dealing at usual trade terms and condition.

 

NOTES:

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

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 DENIED

 

Management Non Co-operative (91-22-66930000)

 

 

LOCATIONS

 

Registered Office :

15th Floor, Tower A, Peninsula Business Park, G K Marg, Lower Parel, Mumbai – 400013, Maharashtra, India

Tel. No.:

91-22-66699761 / 66699701

Fax No.:

91-22-66546464 / 67762270

E-Mail :

kurush.daruwalla@tata-aig.com

kedar.patki@tata-aig.com

Website :

http://www.tataaiginsurance.in

 

 

Customer Services and Claims Address :

A-501, 5th Floor, Building No. 4, Infinity Park, Dindoshi, Malad (East), Mumbai – 400 097, Maharashtra, India

 

 

Branches :

Located At:

 

·         Bangalore

·         Chennai

·         Hyderabad

·         Kolkata

·         New Delhi

·         Chandigarh

·         Pune

 

 

DIRECTORS

 

AS ON 06.08.2014

 

Name :

Mr. Kaushal Kishor Mishra

Designation :

Managing Director

Address :

A - 2002, Avalon Building, Hiranandani Gardens, Powai, Mumbai – 400076, Maharashtra, India

Date of Birth/Age :

29.11.1953

Date of Appointment :

12.09.2012

DIN No.:

02714591

 

 

Name :

Mr. Ishaat R Hussain

Designation :

Director

Address :

No. 222, 22nd Floor, B wing, NCPA Residential Complex, Sir Dorabji Tata Road, Nariman Point, Mumbai – 400 021, Maharashtra, India

Date of Birth/Age :

02.09.1947

Date of Appointment :

24.08.2000

DIN No.:

00027891

 

 

Name :

Mr. Brajdas Shyamdas Banerjee

Designation :

Director

Address :

J-503, Satellite Garden II, Film City Road, Gen. A K Vaidya Marg, Goregaon (East), Mumbai – 400 063, Maharashtra, India

Date of Birth/Age :

14.10.1941

Date of Appointment :

26.03.2009

DIN No.:

00064354

 

 

Name :

Mr. Ashok Raghubir Soni

Designation :

Additional Director

Address :

Kum Kum, 3rd Floor, 50 A, G. Deshmukh Marg, Mumbai – 400 026, Maharashtra, India

Date of Birth/Age :

23.04.1945

Date of Appointment :

26.10.2009

DIN No.:

00007126

 

 

Name :

Mr. Farokh Nariman Subedar

Designation :

Additional Director

Address :

1, Wadia Building, 6 Babulnath Road, Mumbai – 400 007, Maharashtra, India

Date of Birth/Age :

24.09.1955

Date of Appointment :

26.10.2009

DIN No.:

00028428

 

 

Name :

Mrs. Janki A. Ballabh

Designation :

Additional Director

Address :

605, Versova Vinayak CHS, Mumbai – 400053, Maharashtra, India

Date of Birth/Age :

24.10.1942

Date of Appointment :

02.04.2012

DIN No.:

00011206

 

 

Name :

Mr. Seraina Maag

Designation :

Additional Director

Address :

13B, West Heath Road,, London, Nw3, 7uu, London, Na, United Kingdom

Date of Appointment :

01.09.2014

DIN No.:

06945478

 

 

Name :

Mr. Madhusudan Vasudevan Kannan

Designation :

Additional director

Address :

Old # 17, Second East Main Road, Gandhinagar, Vellore – 632006, Tamil Nadu, India

Date of Appointment :

01.09.2014

DIN No.:

02647756

 

 

Name :

Mr. Michael Schnedler Jensen

Designation :

Additional director

Address :

Arabian Ranches, Saheel 1, Villa 32, Dubai, UAE, Dubai, Na, United Arab Emirates

Date of Appointment :

05.12.2014

DIN No.:

07015605

 

 

KEY EXECUTIVES

 

Name :

Mr. Kurush Jal Daruwalla

Designation :

Secretary

Address :

A Wassiamal Building 387 Grant Road, Mumbai – 400007, Maharashtra, India

Date of Birth/Age :

07.03.1960

Date of Appointment :

01.12.2000

PAN No.:

AFNPD1987K

 

 

Name :

Mr. Miranjit Manoj Mukherjee

Designation :

Chief Financial Officer

Address :

Flat 21 - 22, Shiva Building, 22 Turner Road, Bandra West, Mumbai – 400050, Maharashtra, India

Date of Birth/Age :

22.11.1964

Date of Appointment :

22.04.2010

PAN No.:

AHSPM6610P

 

 

MAJOR SHAREHOLDERS

 

AS ON 06.08.2014

 

Names of Shareholders

 

No. of Shares

Tata Sons Limited, India Jointly with Farrokh N Subedar

100

Tata Sons Limited, India Jointly with Kersi R. Bhagat

100

Tata Sons Limited, India Jointly with Farokh N Subedar

100

Tata Sons Limited, India Jointly with C V Manoj Kumar

100

Chartis Memsa Holding INC, UAE  

131300000

Tata Sons Limited, India

373699400

Tata Sons Limited, India Jointly with Ishaat R. Hussain

100

Tata Sons Limited, India Jointly with E N Kapadia

100

 

 

Total

505000000

Equity Share Break up (Percentage of Total Equity)

 

AS ON 06.08.2014

 

Category

Percentage

Foreign holdings (Foreign institutional investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s) or Overseas Corporate bodies or Others)

26.00

Bodies corporate

74.00

Total

100.00

 

 

 

BUSINESS DETAILS

 

Line of Business :

Providing Insurance Services and Loan Services for Education, Home and Business

 

 

Services :

·         Business Loan Services

·         Insurance Services

·         Education Loan Services

·         Loan Services

·         Home Loan Services

 

 

Brand Names :

Not Divulged

 

 

Agencies Held :

Not Divulged

 

 

Exports :

Not Divulged

 

 

Imports :

Not Divulged

 

 

Terms :

 

Selling :

Not Divulged

 

 

Purchasing :

Not Divulged

 

 

PRODUCTION STATUS – NOT AVAILABLE

 

 

GENERAL INFORMATION

 

Suppliers :

Company Name :

Not Divulged

Name of the Person :

Not Divulged

Contact No.:

Not Divulged

Since How Long Known :

Not Divulged

Maximum Limit Dealt :

Not Divulged

Experience :

Not Divulged

Remark :

Not Divulged

 

 

Customers :

Company Name :

Not Divulged

Name of the Person :

Not Divulged

Contact No.:

Not Divulged

Since How Long Known :

Not Divulged

Maximum Limit Dealt :

Not Divulged

Experience :

Not Divulged

Remark :

Not Divulged

 

 

No. of Employees :

Information declined by the management

 

 

Bankers :

Not Divulged

 

 

Facilities :

--

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

Kalyaniwalla and Mistry

Chartered Accountant

Address :

Kalpataru Heritage, 127 Mahatma Gandhi Road, Mumbai – 400001, Maharashtra, India

PAN No.:

AAAFK7554R

 

 

Membership :

--

 

 

RELATED PARTIES :

DETAILS FILE ATTACHED.