MIRA INFORM REPORT

Report No. :	304940
Report Date :	29.01.2015

IDENTIFICATION DETAILS

Name :	TRINITY TRADELINK LIMITED (w.e.f. 28.03.2014)
Formerly Known As :	OMNITECH PETROLEUM LIMITED (w.e.f. 19.04.2011) SHARP TRADING AND FINANCE LIMITED
Registered Office :	D-103, Devraj CHS, S.V. Road, Goregaon (West), Mumbai – 400 062, Maharashtra
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	30.03.1985
Com. Reg. No.:	11-035826
Capital Investment / Paid-up Capital :	Rs.262.558 millions
CIN No.: [Company Identification No.]	L11103MH1985PLC035826
IEC No.:	Not Available
PAN No.: [Permanent Account No.]	AAFCS8117C
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
Legal Form :	Public Limited Liability Company. The Company’s Shares are Listed on the Stock Exchanges.
Line of Business :	Trader of Jute Products, Agricultural Products, Iron and Steel.
No. of Employees :	50 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

B (32)

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

Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having moderate track record. Rating reflects moderate financial risk profile marked by low reserves of the company. Trade relations are reported to be fair. Business is active. Payments are reported to be slow but correct. The company can be considered for business dealing with some caution.

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	A1	A1

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

EXTERNAL AGENCY RATING

Rating Agency Name	Not Available
Rating	Not Available
Rating Explanation	Not Available
Date	Not Available

RBI DEFAULTERS’ LIST STATUS

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

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

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

INFORMATION PARTED BY

Name :	Mr. Uday Sharma
Designation :	Internal Auditor/Finance Manager
Contact No.:	91-33-22903860
Date :	22.01.2015

LOCATIONS

Registered Office :	D-103, Devraj CHS, S.V. Road, Goregaon (West), Mumbai – 400 062, Maharashtra, India
Tel. No.:	91-22-28763228
Mobile No :	91-9830403482 [Mr. Sarij Kumar Sarawgee (CEO)]
Fax No.:	91-22-28763229
E-Mail :	ttplex.m@gmail.com investors@omnipetro.in info@trinitytrade.in complianceofficer@trinitytrade.in
Website :	www.trinitytrade.in
Area :	1000 Sq. Ft.
Location :	Owned
Corporate Office :	238B, A.J.C. Bose Road, Unit 4B, 4^th Floor, Kolkata – 700020, West Bengal, India
Tel. No.:	91-33-22903860
Fax No.:	91-33-22903867
E-Mail :	corpoffice@trinitytrade.in

DIRECTORS

As on 31.03.2014

Name :

Mr. Sukumar Das

Designation :

Director

Address :

15, Harish Chatterjee Street, Kolkata – 700 025, West Bengal, India

Date of Birth/Age :

26.01.1963

Qualification :

B. Sc.

Date of Appointment :

01.05.2007

DIN No.:

00760908

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	U70109WB1995PTC034585	RUMELI CONFECTIONERY PVT.LTD.	Director	24/01/2001	24/01/2001	04/05/2011	Active	NO
2	U51909WB1995PLC076027	AGNES BRUNO LIMITED	Director	19/06/2002	19/06/2002	05/02/2009	Active	NO
3	U21022WB1998PTC088211	AGNES PACKAGING PVT LTD	Director	16/10/2002	16/10/2002	14/06/2013	Active	NO
4	U27201WB1980PTC032925	AGNES TRADE & COMMERCE PVT LTD	Director	24/11/2003	24/11/2003	05/02/2009	Active	NO
5	U51420WB1946PLC014432	APSARA VANIJYA LIMITED	Additional director	05/03/2006	05/03/2006	19/06/2009	Active	NO
6	U51909MH2007PLC243684	TRINITY TRADELINK LIMITED	Director	01/05/2007	01/05/2007	-	Amalgamated	NO
7	U51909WB2007PTC115456	DUNHIL TRADER PRIVATE LIMITED	Director	01/05/2007	01/05/2007	02/04/2014	Active	NO
8	U85100WB2009PTC137714	DUNHIL HEALTHCARE PRIVATE LIMITED	Director	12/08/2009	12/08/2009	14/06/2013	Active	NO
9	U15549WB2010PTC154991	ALFRED BEVERAGES PRIVATE LIMITED	Director	25/11/2010	25/11/2010	14/06/2013	Active	NO
10	L74999WB2012PLC181106	NEWEVER TRADE WINGS LIMITED	Director	23/05/2012	23/05/2012	11/12/2012	Active	NO
11	L11103MH1985PLC035826	TRINITY TRADELINK LIMITED	Director	31/08/2012	28/06/2012	-	Active	NO

Name :

Mr. Vikrant Kayan

Designation :

Managing Director

Address :

9, Sunny Park, Ballygunge, Kolkata – 700 019, West Bengal, India

Date of Birth/Age :

23.08.1973

Qualification :

B. Com

Date of Appointment :

26.08.2013

DIN No.:

00761044

PAN No.:

AFJPK8437M

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	U21022WB1998PTC088211	AGNES PACKAGING PVT LTD	Director	06/11/1998	06/11/1998	-	Active	NO
2	U70109WB1995PTC034585	RUMELI CONFECTIONERY PVT.LTD.	Director	24/01/2001	24/01/2001	05/02/2009	Active	NO
3	U51909WB1995PTC068318	AAKOOTI BARTER PVT.LTD.	Director	29/07/2005	29/07/2005	-	Active	NO
4	U63090WB1994PTC066725	JOBTRACK VYAPAAR PVT LTD	Director	27/09/2005	27/09/2005	-	Active	NO
5	U51909WB2007PTC115456	DUNHIL TRADER PRIVATE LIMITED	Director	01/05/2007	01/05/2007	-	Active	NO
6	U51909MH2007PLC243684	TRINITY TRADELINK LIMITED	Managing director	26/08/2013	01/05/2007	-	Amalgamated	NO
7	U45400WB2007PTC115849	DUNHIL REALTORS PRIVATE LIMITED	Director	17/05/2007	17/05/2007	-	Active	NO
8	U85100WB2009PTC137714	DUNHIL HEALTHCARE PRIVATE LIMITED	Director	12/08/2009	12/08/2009	-	Active	NO
9	U45205WB2007PTC121042	V S HI-RISE PRIVATE LIMITED	Director	01/04/2010	01/04/2010	-	Active	NO
10	U15549WB2010PTC154991	ALFRED BEVERAGES PRIVATE LIMITED	Director	25/11/2010	25/11/2010	-	Active	NO
11	U65999DL2012PTC229801	MADDOCK FINANCIAL CONSULTANTS PRIVATE LIMITED	Director	10/01/2012	10/01/2012	03/08/2012	Active	NO
12	L74999WB2012PLC181106	NEWEVER TRADE WINGS LIMITED	Director	01/07/2013	23/05/2012	-	Active	NO
13	L11103MH1985PLC035826	TRINITY TRADELINK LIMITED	Managing director	28/09/2013	28/06/2012	-	Active	NO

Name :

Mrs. Purnima Maity

Designation :

Director

Date of Appointment :

27.09.2014

DIN No.:

06932797

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	L11103MH1985PLC035826	TRINITY TRADELINK LIMITED	Director	27/09/2014	07/08/2014	-	Active	NO
2	L74999WB2012PLC181106	NEWEVER TRADE WINGS LIMITED	Director	24/09/2014	26/08/2014	-	Active	NO

Name :

Mr. Bhaskar Paul

Designation :

Director

Address :

5B, Rishi Bankim Chandra Road, Behala, Kolkata – 700 034, West Bengal, India

Date of Birth/Age :

10.12.1970

Date of Appointment :

27.09.2014

DIN No.:

06545416

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	U74900WB2013PTC194577	ADIVID INTERIORS PRIVATE LIMITED	Director	11/06/2013	11/06/2013	26/09/2014	Active	NO
2	L74999WB2012PLC181106	NEWEVER TRADE WINGS LIMITED	Director	24/09/2014	02/07/2013	-	Active	NO
3	L11103MH1985PLC035826	TRINITY TRADELINK LIMITED	Director	27/09/2014	24/08/2013	-	Active	NO

Name :

Mr. Vikash Dubey

Designation :

Director

Address :

P/1, Unique Park, Kolkata – 700 034, West Bengal, India

Date of Birth/Age :

01.12.1985

Date of Appointment :

27.09.2014

DIN No.:

06548810

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	U74900WB2013PTC194577	ADIVID INTERIORS PRIVATE LIMITED	Director	11/06/2013	11/06/2013	-	Active	NO
2	L74999WB2012PLC181106	NEWEVER TRADE WINGS LIMITED	Director	24/09/2014	02/07/2013	-	Active	NO
3	L11103MH1985PLC035826	TRINITY TRADELINK LIMITED	Director	27/09/2014	24/08/2013	-	Active	NO

KEY EXECUTIVES

Name :	Ms. Amita Diwan
Designation :	Secretary
Address :	8/1N, Diamond Harbour Road, Kolkata – 700 027, West Bengal, India
Date of Birth/Age :	18.07.1983
Date of Appointment :	07.11.2013
PAN No.:	AGFPD8524M
Name :	Mr. Saroj Kumar Saawgee
Designation :	Chief Executive Officer

SHAREHOLDING PATTERN

As on 30.06.2014

Category of Shareholder	Total No. of Shares	As a %
(A) Shareholding of Promoter and Promoter Group
(1) Indian
Bodies Corporate	75288620	28.68
Any Others (Specify)	14724000	5.61
Directors/Promoters & their Relatives & Friends	11546500	4.40
Trust	3177500	1.21
Sub Total	90012620	34.28
(2) Foreign
Total shareholding of Promoter and Promoter Group (A)	90012620	34.28
(B) Public Shareholding
(1) Institutions
Foreign Institutional Investors	--	--
Sub Total	--	--
(2) Non-Institutions
Bodies Corporate	62119994	24.18
Individuals
Individual shareholders holding nominal share capital up to Rs. 0.100 Million	25896197	10.98
Individual shareholders holding nominal share capital in excess of Rs. 0.100 Million	70078700	30.26
Any Others (Specify)	779489	0.30
Clearing Members	654489	0.25
Trusts	125000	0.05
Sub Total	158874380	65.72
Total Public shareholding (B)	158874380	65.72
Total (A)+(B)	248887000	100.00
(C) Shares held by Custodians and against which Depository Receipts have been issued
(1) Promoter and Promoter Group	0	0.00
(2) Public	0	0.00
Sub Total	0	0.00
Total (A)+(B)+(C)	0	100.00

Shareholding of securities (including shares, warrants, convertible securities) of persons belonging to the category Promoter and Promoter Group

Name of the Shareholder	Details of Shares held
	No. of Shares held	As a % of grand total (A)+(B)+(C)
Dunhil Healthcare Pvt Ltd	7,52,88,620	28.68
Shaleni Kayan	1,000	0.00
Vikrant Kayan	15,75,000	0.60
Vikrant Kayan	1,15,45,500	4.40
Vikrant Kayan	16,02,500	0.61
Total	9,00,12,620	34.28

Shareholding of securities (including shares, warrants, convertible securities) of persons belonging to the category Public and holding more than 1% of the total number of shares

Name of the Shareholder	No. of Shares held	Shares as % of Total No. of Shares
Ashish V Karia	3457900	1.32
Asian Fintrade Services Pvt Ltd	4930970	1.88
Goodpoint Wholeseller Pvt Ltd	2769713	1.05
Ivytree Agency Pvt Ltd	3287230	1.25
Saraf Equity Services Pvt Ltd	4020350	1.53
Total	18466163	7.03

BUSINESS DETAILS

Line of Business :	Trader of Jute Products, Agricultural Products, Iron and Steel.
Products :	· Jute Products · Tea Products · Iron Steel
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :
Products :	· Jute Products · Tea Products · Iron Steel
Countries :	· Europe · USA · South Africa · Middle East · Asian Countries
Imports :
Products :	· Raw Materials
Countries :	· Australia · Singapore · China · Taiwan · Europe
Terms :
Selling :	Cash, Advance Payment, Credit (30 days)
Purchasing :	Cash, Advance Payment, Credit (30 days)

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 :

Wholesaler, End Users and OEMs

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 :

50 (Approximately)

Bankers :

Banker Name	Kotak Mahindra Bank Limited
Branch Address	Kolkata, West Bengal, 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

Facilities :

(Rs. In Millions)

Secured Loan	As on 31.03.2014	As on 31.03.2013
LONG TERM BORROWING
From Banks
Car Loan from HDFC Bank	6.453	0.000
Total	6.453	0.000

Auditors :
Name :	D.K. Chhajer and Company Chartered Accountants
Address :	5, Old Court, House Street, Kolkata – 700 001, West Bengal, India
PAN No.:	AADFD5743N
Memberships :	Not Available
Collaborators :	Not Available
Associates :	Dunhil Healthcare Private Limited, India (CIN No.: U85100WB2009PTC137714)

CAPITAL STRUCTURE

As on 31.03.2014

Authorised Capital :

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

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
26255805	Equity Shares	Rs.10/- each	Rs. 262.558 Million

Details of Shareholders holding more than 5% shares in the company

Name of the Shareholders	As at 31st March, 2014
	No of Shares	% of holding
Dunhil Healthcare Private Limited	7528862	28.68%
	7528862	28.68%

Reconciliation of number of shares	2013-14
	No of Shares	Amount
Shares outstanding at the beginning of the Add : Shares issued pursuant to the scheme of arrangement Shares outstanding at the year end of the year	245000 26010805	2,450,000 260,108,050
	26010805	260,108,050

Note:

Pursuant to scheme of arrangement one equity share of Transferee Company to be issued against each share of Transferor Company

Rights, Preferences & Restrictions Attached To Shares:

The company has only one class of equity shares having a par value of Rs.10/- per share. Each shareholder is eligible for one vote per share held. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting. In the event of liquidation, the equity shareholders are eligible to recieve the remaining assets of the company after distribution of all preferential amounts in proportion to their shareholding.

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	262.558	2.450	2.45
(b) Reserves & Surplus	1.692	(4.909)	(3.036)
(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)	264.250	(2.459)	(0.586)
(3) Non-Current Liabilities
(a) long-term borrowings	11.024	2.528	2.059
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	11.024	2.528	2.059
(4) Current Liabilities
(a) Short term borrowings	7.257	0.000	0.000
(b) Trade payables	240.471	0.000	0.149
(c) Other current liabilities	1.943	0.018	0.009
(d) Short-term provisions	1.877	0.000	0.000
Total Current Liabilities (4)	251.548	0.018	0.158
TOTAL	526.822	0.087	1.631
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	10.781	0.000	0.000
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	0.000	0.000	0.000
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	0.000	0.000	0.000
(c) Deferred tax assets (net)	0.949	0.000	0.000
(d) Long-term Loan and Advances	0.000	0.000	1.567
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	11.730	0.000	1.567
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	1.694	0.000	0.000
(c) Trade receivables	211.029	0.000	0.000
(d) Cash and cash equivalents	52.028	0.077	0.059
(e) Short-term loans and advances	248.116	0.010	0.005
(f) Other current assets	2.225	0.000	0.000
Total Current Assets	515.092	0.087	0.064
TOTAL	526.822	0.087	1.631

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2014	31.03.2013	31.03.2012
	SALES
		Income	1173.932	0.000	0.000
		Other Income	2.286	0.287	0.009
		TOTAL (A)	1176.218	0.287	0.009
Less	EXPENSES
		Purchases of Stock-in-Trade	1120.311	0.000	0.000
		Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	0.027	0.000	0.000
		Employees benefits expense	1.530	0.253	0.272
		Other expenses	42.765	1.887	1.825
		TOTAL (B)	1164.633	2.140	2.097
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		11.585	(1.853)	(2.097)
Less	FINANCIAL EXPENSES (D)		0.856	0.000	0.000
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		10.729	(1.853)	(2.097)
Less/ Add	DEPRECIATION/ AMORTISATION (F)		3.788	0.000	0.000
	PROFIT BEFORE TAX (E-F) (G)		6.941	(1.853)	(2.097)
Less	TAX (H)		0.394	0.006	0.000
	PROFIT AFTER TAX (G-H) (I)		6.547	(1.859)	(2.097)
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		(4.909)	(3.037)	(90.94)
	BALANCE CARRIED TO THE B/S		1.638	(4.909)	(3.037)
	Earnings Per Share (Rs.)		0.25	(7.59)	(8.56)

Expected Sales (2014-15): Rs.1500.000 Millions

The above information has been parted by Mr. Uday Sharma

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT/Sales)	(%)	0.56	0.00	0.00
Operating Profit Margin (PBDIT / Sales)	(%)	0.99	0.00	0.00
Return on Total Assets (PBT/Total Assets}	(%)	1.32	(2129.89)	(128.57)
Return on Investment (ROI) (PBT/Networth)		0.03	0.75	3.58
Debt Equity Ratio (Total Debt /Networth)		0.07	(1.03)	(3.51)
Current Ratio (Current Asset/Current Liability)		2.05	4.83	0.41

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	2.450	2.450	262.558
Reserves & Surplus	(3.036)	(4.909)	1.692
Net worth	(0.586)	92.459)	264.250
long-term borrowings	2.059	2.528	11.024
Short term borrowings	0.000	0.000	7.257
Total borrowings	2.059	2.528	18.281
Debt/Equity ratio	(3.514)	91.028)	0.069

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)
Total Income	0.009	0.287	1176.218
		3,088.889	409,732.056

NET PROFIT MARGIN

Net Profit Margin	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Total Income	0.009	0.287	1176.218
Profit	(2.097)	(1.859)	6.547
	(23300.00%)	(647.74%)	0.56%

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	Yes
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	Yes
8]	No. of employees	Yes
9]	Name of person contacted	Yes
10]	Designation of contact person	Yes
11]	Turnover of firm for last three years	Yes
12]	Profitability for last three years	Yes
13]	Reasons for variation <> 20%	--
14]	Estimation for coming financial year	Yes
15]	Capital in the business	Yes
16]	Details of sister concerns	Yes
17]	Major suppliers	No
18]	Major customers	No
19]	Payments terms	Yes
20]	Export / Import details (if applicable)	Yes
21]	Market information	--
22]	Litigations that the firm / promoter involved in	--
23]	Banking Details	Yes
24]	Banking facility details	Yes
25]	Conduct of the banking account	--
26]	Buyer visit details	--
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	Yes
30]	Major Shareholders, if available	Yes
31]	PAN of Proprietor/Partner/Director, if available	Yes
32]	Date of Birth of Proprietor/Partner/Director, if available	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

UNSECURED LOAN

(Rs. In Millions)

Particulars	As on 31.03.2014	As on 31.03.2013
LONG TERM BORROWING
From Related Parties	3.669	1.643
From others	0.902	0.885
SHORT TERM BORROWING
From Body Corporate	7.257	0.000
Total	11.828	2.528

INDEX OF CHARGES: NO CHARGES EXIST FOR THE COMPANY

STATEMENT OF STANDALONE UNAUDIATED FINANCIAL RESULTS FOR THE QUARTER AND 6 MONTHS ENDED 30 SEPTEMBER 2014

(Rs. In Millions)

Sr. No	Particulars		Standalone
			Quarter Ended	Quarter Ended	Year to date figures for current period ended
			30.09.2014	30.06.2014	30.09.2014
			Unaudited	Unaudited	Unaudited
1	Income From Operations
	a. Net Sales/ Income from Operations (Net of Excise Duty)		175.458	292.841	468.299
	b. Other Operating Income		0.665	1.025	1.690
	Total Income from Operations (Net)		176.122	293.866	469.989
2	Expenditure
	a. Cost of material Consumed		-	--	--
	b. Purchase of Stock-in trade		192.307	273.890	166.197
	c. Changes in inventory of finished Goods, work- in-progress and Stock-in-trade		(29.941)	0.764	(29.177)
	d. Employees Benefit Expenses		0.508	0.760	1.268
	e. Depreciation and Amortisation Expenses		0.700	0.700	1.401
	f. VAT Expenses for Earlier Years		0.011	0.014	0.026
	g. Other expenses		5.417	4.938	10.355
	Total Expenses		169.003	281.066	450.069
3	Profit from Operations before Other Income, Interest and Exceptional Items		7.120	12.800	19.919
4	Other Income		0.004	0.124	0.128
5	Profit from ordinary activities before finance cost & exceptional items		7.124	12.924	20.047
6	Finance Costs		6.245	11.959	18.204
7	Profit from ordinary activities after finance costs & exceptional items		0.879	0.965	1.843
8	Exceptional items		--	--	--
9	Profit from ordinary activities before tax		0.879	0.965	1.843
10	Tax Expense
	- Income Tax		0.271	0.298	0.570
	- Deferred Tax		--	--	-
11	Net Profit from ordinary activity after tax		0.607	0.667	1.274
12	Extraordinary Items			--	-
13	Net Profit After Tax		0.607	0.667-	1.274
14	Paid-up equity share capital (face value of the shares shall be indicated)		2625.58	262558	2625.58
	Face Value		1	1	1
15	Reserves excluding Revaluation Reserve as per balance sheet of previous accounting Year		29.66	23.59	29.66
16	Earning Per Share (of Rs.10 each) (not annualized)
	Basic EPS		0.0023	0.0025	0.0049
	Diluted EPS		0.0019	0.0025	0.0044
A		PARTICULARS OF SHAREHOLDING
17		Public Shareholding
		- No. of shares	172545430	172545430	172545430
		- Percentage of shareholding	65.72	65.72	65.72
		-Face Value per share	1.00	1.00	1.00
18		Promoter & Promoter Group Shareholding
		a) Pledged/Encumbered
		- No. of shares	NIL	NIL	NIL
		- Percentage of shareholding (as a % of the total shareholding of promoter and promoter group)	0.00	0.00	0.00
		- Percentage of shareholding (as a % of the total share capital of the company)	0.00	0.00	0.00
		b) Non-encumbered
		- No. of shares	90012620	90012620	90012620
		- Percentage of shareholding (as a % of the total shareholding of promoter and promoter group)	100.00	100.00	100.00
		- Percentage of shareholding (as a % of the total share capital of the company)	34.28	34.28	34.28

Particulars	Quarter ended 30.09.2014
Pending at the beginning of the quarter	Nil
Received during the quarter	Nil
Disposed of during the quarter	Nil
Remaining unresolved at the end of the quarter	Nil

Note:

1) The above result have been reviewed by the audit committee and taken in record by the Board of /director at their meeting held on 13th November, 2014

2) The company is engaged / operates in single segment i.e. trading activity.

3) The limited review of these result has been done by the statutory auditors of the company.

4) No investor complains were outstanding at the beginning of the quarter and no investor complaints were received/un-resolved at the end of the quarter ended 30.09.2014

5) Deferred Tax Liability/\assets, if any has not been determined as it well be finalized at the year end.

6) Previous Period figure have been regrouped, rearranged or recast wherever necessary.

Standalone statement of assets and liabilities for the Half Year ended 30.09.2014

(Rs. In Millions)

Particulars		As at half year ended on 30.09.2014 (Unaudited)
A	EQUITY AND LIABILITIES
1	Shareholders' Funds
	(a) Share Capital	262.558
	(b) Reserves & Surplus	2.966
	Total Shareholders’ Funds	265.524
2	Non-Current Liabilities
	(a) long-term borrowings	6.226
	(b) Deferred tax liabilities (Net)	0.000
	(c) Other long term liabilities	0.000
	(d) long-term provisions	0.000
	Sub Total Non-current Liabilities	6.226
3	Current Liabilities
	(a) Short term borrowings	18.750
	(b) Trade payables	126.436
	(c) Other current liabilities	2.191
	(d) Short-term provisions	0.341
	Sub Total Current Liabilities	147.718
	TOTAL- EQUITY AND LIABILITIES	419.468
A	ASSETS
1	Non-current assets
	(a) Fixed Assets	9.760
	(b) Non-current Investments	0.000
	(c) Long-term Loan and Advances	0.000
	(d) Deferred Tax Assets	0.949
	(d) Other Non-current assets	0.000
	Sub Total Non-Current Assets	10.709
2	Current assets
	(a) Current investments	0.000
	(b) Inventories	30.871
	(c) Trade receivables	10.861
	(d) Cash and cash equivalents	3.252
	(e) Short-term loans and advances	250.113
	(f) Other current assets	113.662
	Sub Total Current Assets	408.759
	TOTAL-ASSETS	419.468

FIXED ASSETS

· Computer

· Motor Car

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.61.41
UK Pound	1	Rs.93.16
Euro	1	Rs.69.82

INFORMATION DETAILS

Information Gathered by :	PRP
Analysis Done by :	DIV
Report Prepared by :	ART

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILITY	1~10	4
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	4
--RESERVES	1~10	3
--CREDIT LINES	1~10	3
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	YES
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	YES
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		32

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.