MIRA INFORM REPORT

Report No. :	330486
Report Date :	08.07.2015

IDENTIFICATION DETAILS

Name :	ODISHA SLURRY PIPELNE INFRASTRUCTURE LIMITED
Registered Office :	Project Site, Near IFFCO Paradeep Unit, Udaybata, Paradeep – 754142, Orissa
Tel. No.:	91-6722-227000
Country :	India
Financials (as on) :	Not Available
Date of Incorporation :	17.01.2014
Com. Reg. No.:	15-018639
Capital Investment / Paid-up Capital :	Rs.85.950 Million
CIN No.: [Company Identification No.]	U60200OR2014PLC018639
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	Not Available
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	To undertake, design and construct infrastructural projects in the Oil and Gas, Steel, Power and other Core sectors including laying of Oil and Gas distribution Lines, erection, and integrated commissioning of structural, equipments, undertake construction of - approach roads, tunnels, port development, water supply schemes, irrigation schemes either by the Company or enter into joint ventures with any Indian / multinational Companies or with any Government or Governmental authority.
No. of Employees :	Information declined by the management

RATING & COMMENTS

MIRA’s Rating :

NB

RATING	STATUS	PROPOSED CREDIT LINE
NB	New Business

Status :	New Business
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is a new company incorporated in January 2014. It is establishing itself gradually. Management has denied to provide any information about the subject to us. Business is active as per status shown in registrar of company. Payment terms are unknown. The company can be considered for business dealings with fully 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 – March 31, 2015

Country Name	Previous Rating (31.12.2014)	Current Rating (31.03.2015)
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 31-03-2013.

INFORMATION DECLINED

MANAGEMENT NON CO-OPERATIVE (91-6722-227000)

LOCATIONS

Registered Office :	Project Site, Near IFFCO Paradeep Unit, Udaybata, Paradeep – 754142, Orissa, India
Tel. No.:	91-6722-227000
Fax No.:	Not Available
E-Mail :	secretarial@ospil.co.in

DIRECTORS

Name :

Mr. Vankat Govind Raghavan

Designation :

Director

Address :

Flat No 171/172, 17th Floor, Kalpataru Residency, Sion Circle, Sion (East), Mumbai - 400022, Maharashtra, India

Date of Birth/Age :

16.07.1945

Date of Appointment :

11.06.2015

DIN No.:

00008683

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	U27100GJ1976FLC013787	ESSAR STEEL INDIA LIMITED	Director	27-11-14	29-10-03	-	Active	NO
2	U72200MH1992PLC064816	ESSAR INFORMATION TECHNOLOGY LIMITED	Director	09-12-03	09-12-03	14-02-12	Active	NO
3	U31101GJ1995PLC065146	BHANDER POWER LIMITED	Director	17-08-04	17-08-04	30-04-09	Active	NO
4	U27100GJ2005FLC046274	ESSAR STEEL CHHATTISGARH LIMITED	Director	17-06-05	17-06-05	18-12-08	Active	NO
5	U27100GJ2005PLC046272	ESSAR STEEL JHARKHAND LIMITED	Director	17-06-05	17-06-05	18-12-08	Active	NO
6	U27100GJ2005FLC046273	ESSAR STEEL (HAZIRA) LIMITED	Director	17-06-05	17-06-05	-	Amalgamated	NO
7	U31101DL2005PLC211274	ESSAR POWER (JHARKHAND ) LIMITED	Director	19-10-05	19-10-05	30-04-09	Active	NO
8	U31101GJ2005PLC081701	ESSAR POWER (ORISSA) LIMITED	Director	27-09-14	19-10-05	-	Active	NO
9	U13100GJ2006PLC047506	ESSAR MINERAL RESOURCES LIMITED	Additional director	08-07-10	13-01-06	31-08-10	Active	NO
10	U74210MH2006PLC159709	Jubilee Shipping & Logistics Holdings Limited	Director	14-02-06	14-02-06	29-06-07	Active	NO
11	U27104MH2006PLC162609	ESSAR STEEL ORISSA LIMITED	Director	14-06-06	14-06-06	-	Amalgamated	NO
12	U25199GJ2007PLC050164	HAZIRA PIPE MILL LIMITED	Director	06-03-07	06-03-07	18-12-08	Amalgamated	NO
13	U27100GJ2005FLC046055	ESSAR STEEL KARNATAKA LIMITED.	Director	02-05-07	02-05-07	17-06-08	Strike off	NO
14	U74900GJ2007PLC066273	ESSAR POWER GUJARAT LIMITED	Director	29-09-14	18-02-08	-	Active	NO
15	U40100DL2005PLC201961	ESSAR POWER M P LIMITED	Director	27-09-14	18-02-08	-	Active	NO
16	U65923TN2007PLC085016	Essar Capital Limited	Additional director	30-06-12	17-06-08	05-05-14	Active	NO
17	U70100MH2006FLC159272	Essar Infrastructure Hazira Limited	Additional director	17-06-08	17-06-08	14-01-09	Active	NO
18	L65990TN2005PLC071791	ESSAR SECURITIES LIMITED	Director	14-08-09	31-03-09	13-11-13	Active	NO
19	U65993MH2007PLC174810	ETHL COMMUNICATIONS HOLDINGS LIMITED	Additional director	13-04-09	13-04-09	-	Amalgamated	NO
20	U74999TN2008PTC067735	INIMITABLE CAPITAL FINANCE PRIVATE LIMITED	Additional director	31-10-09	31-10-09	21-11-13	Active	NO
21	U51900MH2006PLC160647	The MobileStore Limited	Director	30-09-10	17-05-10	27-06-13	Active	NO
22	L65990MH1984PLC033128	FRONTIER CAPITAL LIMITED	Director	30-09-10	12-08-10	-	Active	NO
23	U40300GJ2006PLC063146	Essar Power Hazira Limited	Director	29-09-14	17-08-10	-	Active	NO
24	U74140MH2010PTC207439	PADMARAG PROJECT AND CORPORATE SERVICES PRIVATE LIMITED	Director	20-09-10	20-09-10	-	Active	NO
25	U13100WB2010PTC140900	GREEN VALLEY ENERGY VENTURES PRIVATE LIMITED	Director	28-12-10	28-12-10	10-01-12	Active	NO
26	U11201GJ2002PLC041192	ASIA MOTORWORKS LIMITED	Additional director	28-01-11	28-01-11	04-05-11	Active	NO
27	U25209MH2007PTC168369	KRIS FLEXIPACKS PRIVATE LIMITED	Director	23-07-11	01-04-11	28-04-14	Active	NO
28	U74999MH2011PTC217380	ESSAR SERVICES INDIA Private Limited	Director	12-05-11	12-05-11	21-01-12	Active	NO
29	U99999MH1989PLC053280	Essar Projects (India) limited	Director	09-09-11	18-07-11	29-06-13	Active	NO
30	L99999TN1984PLC075902	INDIA SECURITIES LIMITED	Additional director	09-08-11	09-08-11	-	Amalgamated	NO
31	U74140MH2003PTC141815	MAHATI CORPORATE SERVICES PRIVATE LIMITED	Additional director	01-02-12	01-02-12	-	Under liquidation	NO
32	U65921MH2008PLC182234	AMW FINANCE LIMITED	Director	08-08-12	16-02-12	-	Active	NO
33	U60220GJ2013PLC074244	ESSAR STEEL LOGISTICS LIMITED	Additional director	06-08-13	06-08-13	01-04-14	Active	NO
34	U74999MH2014PTC252552	UNIQ PIERTECH SOLUTIONES PRIVATE LIMITED	Director	28-01-14	28-01-14	-	Active	NO
35	U67190MH2006PLC163842	ASIA MOTORWORKS HOLDINGS LIMITED	Director	30-09-14	01-04-14	-	Active	NO
36	U60200OR2014PLC018639	ODISHA SLURRY PIPELNE INFRASTRUCTURE LIMITED	Director	11-06-15	11-06-15	-	Active	NO

Name :

Mr. Rajendra Kumar Mittal

Designation :

Director

Address :

2004, 20th Floor, Plot No. 5/209, D-1, Sea Flama, Tokersey Jivraj Road, Dosti Flamingo, Sewree, Mumbai - 400015, Maharashtra, India

Date of Birth/Age :

09.09.1950

Date of Appointment :

17.01.2014

DIN No.:

00075534

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	L27202GJ1962PLC040548	JHAGADIA COPPER LIMITED	Director	10-01-09	14-08-04	02-09-09	Active	NO
2	U91110MH2001NPL131676	International Copper Association India	Director	29-09-07	29-09-07	01-05-08	Active	NO
3	U18101RJ2008PTC027149	DEVANSHI TEXTILES PRIVATE LIMITED	Director	07-08-08	07-08-08	-	Active	NO
4	U55101HR1988PLC030288	GOLDEN GREENS GOLF AND RESORTS LIMITED	Director	30-09-09	15-04-09	05-11-12	Active	NO
5	U10100WB2009PLC140050	MOIRA MADHUJORE COAL LIMITED	Director	09-12-09	09-12-09	09-07-13	Active	NO
6	U27300MH2011PTC216130	SOMMIT METALLICS PRIVATE LIMITED	Director	12-04-11	12-04-11	18-02-13	Active	NO
7	U72300MH2011PTC222883	WIZARD NETWORK SYSTEMS PRIVATE LIMITED	Director	11-10-11	11-10-11	11-03-13	Under Process of Striking off	NO
8	U99999GJ1960PLC001006	TENSILE STEEL LIMITED	Additional director	01-10-12	01-10-12	01-07-13	Active	NO
9	U60200OR2014PLC018639	ODISHA SLURRY PIPELNE INFRASTRUCTURE LIMITED	Director	17-01-14	17-01-14	-	Active	NO
10	U27106MH2007PLC172940	ESSAR PELLETS MARKETING LIMITED	Director	30-09-14	28-07-14	-	Active	NO

Name :

Mr. Parag Keshar Bhattacharjee

Designation :

Additional director

Address :

BG- 149, Sector -2, Salt Lake, Kolkata - 700091, Kolkata - 700091, West Bengal, India

Date of Birth/Age :

18.01.1939

Date of Appointment :

03.06.2015

DIN No.:

00081899

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	L51909WB1991PLC053283	KANCO ENTERPRISES LIMITED	Director	03-09-99	03-09-99	25-11-13	Active	NO
2	L65993WB1897PLC001409	CHEVIOT CO LTD	Director	08-08-14	30-07-01	-	Active	NO
3	L65922WB1987PLC043267	SBI HOME FINANCE LTD.	Director	19-04-04	19-04-04	-	Under liquidation	NO
4	U74900WB1995PTC071670	ATTIVO ECONOMIC ZONES Private Limited	Director	21-06-05	21-06-05	-	Active	NO
5	U35204WB1981PLC033700	STESALIT LIMITED	Director	30-06-05	30-06-05	02-08-13	Active	NO
6	U72200TG2000PLC033475	M.S.M. ENERGY LIMITED	Director	06-12-05	06-12-05	10-03-14	Active	NO
7	L51216WB1992PLC055629	KAUSHALYA INFRASTRUCTURE DEVELOPMENT CORPORATION LTD	Director	29-09-06	19-05-06	-	Active	NO
8	U45500WB2001PLC144017	Quippo Infrastructure Equipment Limited	Director	16-09-06	16-09-06	-	Amalgamated	NO
9	L24117WB1990PLC199409	KILBURN CHEMICALS LIMITED	Director	30-09-14	29-01-07	-	Active	NO
10	L72300TN1993PLC024748	DHANUS TECHNOLOGIES LIMITED	Director	17-02-07	17-02-07	08-01-10	Under liquidation	NO
11	L40103TG1995PLC019554	SURYACHAKRA POWER CORPORATION LIMITED	Director	16-06-07	22-05-07	10-03-14	Active	NO
12	U65923WB2007PTC116670	ATIVIR FINANCIAL CONSULTANTS PRIVATE LIMITED	Director	30-09-08	07-01-08	-	Active	NO
13	U65990WB2009PTC139790	SREI MUTUAL FUND TRUST PRIVATE LIMITED	Director	19-05-11	03-12-09	24-12-11	Active	NO
14	U31908WB2010PLC155476	STESALIT SYSTEMS LIMITED	Director	07-12-10	07-12-10	08-01-14	Active	NO
15	U64203DL2005PTC138225	Quippo Telecom Infrastructure Private Limited	Director	30-09-11	08-02-11	-	Active	NO
16	U67190WB1995PLC074186	AMAZAN CAPITAL LIMITED	Director	30-09-11	01-04-11	14-02-14	Active	NO
17	U35203TG2007PLC057400	QUIPPO CONSTRUCTION EQUIPMENT LIMITED	Director	29-06-12	28-07-11	09-05-13	Active	NO
18	U45400WB2007PTC118781	Optimum Infratel Private Limited	Director	22-03-12	22-03-12	-	Active	NO
19	U45400WB2007PTC118776	Resurgent Infratel Private Limited	Director	22-03-12	22-03-12	-	Active	NO
20	U45400WB2007PTC118777	RIGHT TOWERS PRIVATE LIMITED	Director	22-03-12	22-03-12	-	Active	NO
21	U65999WB1994PLC065722	Srei Alternative Investment Managers Limited	Additional director	26-11-14	26-11-14	-	Active	NO
22	U27200DL2012PTC233625	BRACE IRON & STEEL PRIVATE LIMITED	Additional director	29-01-15	29-01-15	-	Active	NO
23	U60200OR2014PLC018639	ODISHA SLURRY PIPELNE INFRASTRUCTURE LIMITED	Additional director	03-06-15	03-06-15	-	Active	NO

Name :

Mr. Ratiranjan Mandal

Designation :

Additional director

Address :

B-84/G, Sun City, Sector - 54, Gurgaon - 122002, Haryana, India

Date of Birth/Age :

15.06.1949

Date of Appointment :

03.06.2015

DIN No.:

01129023

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	U67190WB1998PLC087155	SREI CAPITAL MARKETS LIMITED	Director	12-11-07	26-12-05	-	Active	NO
2	U74140DL2008PTC172957	GANGA EXPRESSWAY CONSULTANTS PRIVATE LIMITED	Director	21-01-08	21-01-08	-	Strike off	NO
3	U75131WB2001PLC093316	SREI Infrastructure Advisors Limited	Director	11-07-08	11-06-08	-	Active	NO
4	U45309PB2008PTC031560	BHARAT FABTEX AND CORPORATE PARK PRIVATE LIMITED	Nominee director	30-03-09	30-03-09	30-03-12	Active	NO
5	U45400MH2010PTC208347	GINGER PROJECTS & TRADE PRIVATE LIMITED	Director	28-09-10	28-09-10	30-03-14	Active	NO
6	U70109WB2004PLC100517	BENGAL SREI INFRASTRUCTURE DEVELOPMENT LIMITED	Director	28-07-11	26-10-10	-	Active	NO
7	U11120DL2005PLC138226	QUIPPO OIL AND GAS INFRASTRUCTURE LIMITED	Director	02-07-12	27-04-12	-	Active	NO
8	U45200TG2003PLC041893	NAC INFRASTRUCTURE EQUIPMENT LIMITED	Additional director	25-10-13	25-10-13	25-03-14	Active	NO
9	U67120WB2002PTC095019	SREI Insurance Broking Private Limited	Director	24-07-14	18-03-14	-	Active	NO
10	U27200DL2012PTC233625	BRACE IRON & STEEL PRIVATE LIMITED	Additional director	26-11-14	26-11-14	-	Active	NO
11	U60200OR2014PLC018639	ODISHA SLURRY PIPELNE INFRASTRUCTURE LIMITED	Additional director	03-06-15	03-06-15	-	Active	NO

Name :

Mr. Sanjay Kumar Garodia

Designation :

Additional director

Address :

Space Town, Block-2, Flat-3F,, VIP Road, Tegharia, Kolkata - 700052, West Bengal, India

Date of Appointment :

28.04.2015

DIN No.:

01573808

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	U92199MH1995PLC084948	MONOTONA TYRES LIMITED	Director	30-04-07	30-04-07	10-06-08	Active	NO
2	U40101WB1997PLC085128	GLOBE SUGAR REFINERY LIMITED	Director	30-04-08	30-04-08	13-06-08	Active	NO
3	U55101WB2004PTC098787	SHRISTI HOTEL Private LIMITED	Director	29-09-09	18-12-08	07-03-11	Active	NO
4	U51101WB2009PTC132625	KANCHAN JANGA INTEGRATED INFRASTRUCTURE DEVELOPMENT PRIVATE LIMITED	Director	11-02-09	11-02-09	07-04-11	Active	NO
5	U74900WB2009PTC134793	Finetune Engineering Services Private Limited	Director	29-04-09	29-04-09	01-03-11	Active	NO
6	U27106MH2007PLC172940	ESSAR PELLETS MARKETING LIMITED	Director	30-09-14	28-07-14	-	Active	NO
7	U60200OR2014PLC018639	ODISHA SLURRY PIPELNE INFRASTRUCTURE LIMITED	Additional director	28-04-15	28-04-15	-	Active	NO

Name :

Mr. Dipankar Pal

Designation :

Additional director

Address :

Flat 32, Apsara, Bhojwani Enclave,, Nargis Dutt Road, Pali Hill Road, Bandra-West, Mumbai - 400050, Maharashtra, India

Date of Appointment :

30.06.2015

DIN No.:

03306857

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	U24100MH1967PTC013779	CRL TERMINALS PRIVATE LIMITED	Director	08-07-11	08-07-11	09-03-12	Active	NO
2	U24111DL1983PTC250984	PURE HELIUM INDIA PVT LTD	Additional director	20-03-12	20-03-12	05-07-12	Amalgamated	NO
3	U63023GJ2009FLC056684	VADINAR PORTS & TERMINALS LIMITED	Director	27-09-12	01-09-12	31-01-15	Active	NO
4	U35111GJ1993FLC053434	VADINAR OIL TERMINAL LIMITED	Managing director	27-09-12	01-09-12	31-01-15	Active	NO
5	U63032MH2007PLC176225	Essar Bulk Terminal (Salaya) Limited	Managing director	25-09-12	01-09-12	31-01-15	Active	NO
6	U74140GJ2014PLC080508	PETRO TANKAGES INDIA LIMITED	Director	19-08-14	19-08-14	31-01-15	Active	NO
7	U60200OR2014PLC018639	ODISHA SLURRY PIPELNE INFRASTRUCTURE LIMITED	Additional director	30-06-15	30-06-15	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 28.03.2015

Names of Allottees	No. of Shares
Essar Steel India Limited, India	2545000
Total	2545000

BUSINESS DETAILS

Line of Business :	To undertake, design and construct infrastructural projects in the Oil and Gas, Steel, Power and other Core sectors including laying of Oil and Gas distribution Lines, erection, and integrated commissioning of structural, equipments, undertake construction of - approach roads, tunnels, port development, water supply schemes, irrigation schemes either by the Company or enter into joint ventures with any Indian / multinational Companies or with any Government or Governmental authority.
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
Maximum Limit Dealt :	Not Divulged
Experience :	Not Divulged
Remark:	Not Divulged

Customers :

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

No. of Employees :

Information declined by the management

Bankers :

Banker Name	Not Divulged
Branch Address	Not Divulged
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

Banking Relations :
Auditors :	Not Divulged
Memberships :	Not Available
Collaborators :	Not Available
Associates/Subsidiaries :	--

CAPITAL STRUCTURE

Authorised Capital : Rs. 125.000 Million

Issued, Subscribed & Paid-up Capital : Rs. 85.950 Million

FINANCIAL DATA

[all figures are in Rupees Million]

NOT AVAILABLE

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check list by info agents	Available in Report (Yes/No)
1	Year of establishment	Yes
2	Constitution of the entity -Incorporation details	Yes
3	Locality of the entity	Yes
4	Premises details	No
5	Buyer visit details	--
6	Contact numbers	Yes
7	Name of the person contacted	No
8	Designation of contact person	No
9	Promoter’s background	Yes
10	Date of Birth of Proprietor / Partners / Directors	Yes
11	Pan Card No. of Proprietor / Partners	No
12	Voter Id Card No. of Proprietor / Partners	No
13	Type of business	Yes
14	Line of Business	Yes
15	Export/import details (if applicable)	No
16	No. of employees	No
17	Details of sister concerns	No
18	Major suppliers	No
19	Major customers	No
20	Banking Details	No
21	Banking facility details	Yes
22	Conduct of the banking account	--
23	Financials, if provided	No
24	Capital in the business	Yes
25	Last accounts filed at ROC, if applicable	No
26	Turnover of firm for last three years	No
27	Reasons for variation <> 20%	--
28	Estimation for coming financial year	No
29	Profitability for last three years	No
30	Major shareholders, if available	No
31	External Agency Rating, if available	No
32	Litigations that the firm/promoter involved in	--
33	Market information	--
34	Payments terms	No
35	Negative Reporting by Auditors in the Annual Report	No

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10538512	28/11/2014	1,000,000,000.00	SREI INFRASTRUCTURE FINANCE LIMITED	VISHWAKARMA,86C,TOPSIA ROAD (SOUTH),, KOLKATA, WES T BENGAL - 700046, INDIA	C37954666

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.63.37
UK Pound	1	Rs.98.86
Euro	1	Rs.69.97

INFORMATION DETAILS

Information Gathered by :	SUP
Analysis Done by :	KIN
Report Prepared by :	KVT

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	--

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