MIRA INFORM REPORT

Report No. :	327510
Report Date :	15.06.2015

IDENTIFICATION DETAILS

Name :	RJ CORP LIMITED (w.e.f. 29.05.2008)
Formerly Known As :	ARCTIC DRINKS LIMITED
Registered Office :	F-2/7, Okhla Industrial Area, Phase-I, New Delhi – 110020
Tel. No.:	91-11-41706720
Country :	India
Financials (as on) :	3.03.2014
Date of Incorporation :	01.03.1980
Com. Reg. No.:	55-010262
Capital Investment / Paid-up Capital :	Rs. 57.080 Million
CIN No.: [Company Identification No.]	U62200DL1980PLC010262
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	DELA12915A
PAN No.: [Permanent Account No.]	AAACA2573R
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Subject engages in the businesses of food beverages, medical, retail, real estate, housing and education.
No. of Employees :	Information declined by the management

RATING & COMMENTS

MIRA’s Rating :

Ba (48)

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 7000000
Status :	Satisfactory
Payment Behaviour :	Usually correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track record. For the financial year ended 2014, company sales turnover has declined by 13.06% over previous year but it has achieved profit from its operations. Rating also takes into consideration company’s healthy risk profile marked by adequate net worth base and sound debt protection metrics of the company. Trade relations are fair. Business is active. Payment terms are reported to be usually correct. The company can be considered for business dealings 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.

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 DENIED BY

Name :	Mr. Rajesh Chaudhary
Designation :	Not Divulged
Contact No.:	91-124-4643100
Date :	15.06.2015

LOCATIONS

Registered Office :	F-2/7, Okhla Industrial Area, Phase-I, New Delhi – 110020, India
Tel. No.:	91-11-41706720
Fax No.:	Not Available
E-Mail :	ankit.dua@dil-rjcorp.com gautam.seth@rjcorp.in monika.bhardwaj@rjcorp.in
Website :	http://www.rjcorp.in
Corporate Office :	Plot No. 31, Institutional Area, Sector 44, Gurgaon – 122002, Haryana, India

DIRECTORS

AS ON 15.09.2014

Name :

Mr. Ravi Kant Jaipuria

Designation :

Director

Address :

Plot No. 7A, Aurangzeb Road, New Delhi – 110011, India

Date of Birth/Age :

28.11.1954

Date of Appointment :

15.09.2014

DIN No.:

00003668

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	U74899DL1995PLC069839	VARUN BEVERAGES LIMITED	Director	16-06-1995	16-06-1995	-	Active	NO
2	U15135DL1991PLC046758	DEVYANI INTERNATIONAL LIMITED	Director	15-07-1996	15-07-1996	-	Active	NO
3	U74899DL1991PLC046405	PARKVIEW CITY LIMITED	Director	17-04-1999	17-04-1999	11-11-2013	Active	NO
4	U74899DL1993PLC054195	SAAB TRAVEL AND TOURS LIMITED	Director	30-08-2009	17-04-1999	03-09-2009	Active	NO
5	U74899DL1999PLC101230	PARKVIEW INFRASTRUCTURES LIMITED	Director	19-08-1999	19-08-1999	06-06-2008	Active	NO
6	U64120DL1999PTC101124	UNIVERSAL TOWERS PRIVATE LIMITED	Director	30-10-1999	30-10-1999	-	Amalgamated	NO
7	U55101DL1999PTC100142	YUM RESTAURANTS MARKETING PRIVATE LIMITED	Director	02-09-2000	02-09-2000	23-02-2010	Active	NO
8	U74899DL1991PTC046386	PELICAN CAPS TECHNOLOGIES PRIVATE LIMITED	Director	25-09-2000	25-09-2000	-	Amalgamated	NO
9	U74899DL1991PTC046387	KANCHANJUNGA POWER COMPANY PRIVATE LIMITED	Director	25-09-2000	25-09-2000	21-01-2013	Active	NO
10	L32202RJ1992PLC017750	SHYAM TELECOM LIMITED	Director	20-12-2002	20-12-2002	11-02-2011	Active	NO
11	U80301DL2003PTC118290	MODERN MONTESSORI INTERNATIONAL (INDIA) PRIVATE LIMITED	Additional director	10-09-2012	02-01-2003	06-11-2012	Active	NO
12	U74899DL1992PLC049022	LEMON TREE HOTELS LIMITED	Director	23-12-2003	23-12-2003	-	Active	NO
13	U74899DL1989PTC037343	PARKVIEW APARTMENTS PRIVATE LIMITED	Director	30-01-2004	30-01-2004	06-06-2008	Active	NO
14	U55101DL2004PTC130720	TANGERINE HOTELS PRIVATE LIMITED	Director	03-05-2005	03-05-2005	-	Amalgamated	NO
15	U85195DL2005PTC137768	CRYOBANKS INTERNATIONAL INDIA PRIVATE LIMITED	Director	20-06-2005	20-06-2005	-	Active	NO
16	U45201DL2005PTC138289	VARUN RESIDENTIAL PROJECTS PRIVATE LIMITED	Director	05-07-2005	05-07-2005	01-05-2009	Strike off	NO
17	U45201DL2005PTC138953	JAIPURIA TOWERS PRIVATE LIMITED	Director	21-07-2005	21-07-2005	-	Amalgamated	NO
18	U45201DL2005PTC138954	PARKVIEW INFRACON PRIVATE LIMITED	Director	21-07-2005	21-07-2005	05-06-2007	Active	NO
19	U55101DL2002PTC118179	CITRUS HOTELS PRIVATE LIMITED	Director	17-08-2005	17-08-2005	04-02-2010	Amalgamated	NO
20	U45201DL2005PTC141416	JAIPURIA LAND AND HOUSING PRIVATE LIMITED	Director	30-09-2006	04-10-2005	-	Amalgamated	NO
21	U45201DL2005PTC153209	VISION NIRMAN PRIVATE LIMITED	Director	30-09-2006	16-02-2006	-	Amalgamated	NO
22	U45201DL2005PTC153311	VISION DWELLINGS PRIVATE LIMITED	Director	30-09-2006	16-02-2006	-	Amalgamated	NO
23	U15532DL2005PTC136903	SEEBHAL DISTILLERY PRIVATE LIMITED	Director	16-02-2006	16-02-2006	14-09-2009	Active	NO
24	U70101DL2006PTC146701	JAIPURIA INFRACON PRIVATE LIMITED	Director	22-02-2006	22-02-2006	-	Amalgamated	NO
25	U70101DL2006PTC146724	JAIPURIA INFRATECH PRIVATE LIMITED	Director	23-02-2006	23-02-2006	-	Amalgamated	NO
26	U51909DL2006PTC146757	FARM2PLATE DAIRY PRODUCE PRIVATE LIMITED	Director	24-02-2006	24-02-2006	-	Active	NO
27	U74899DL1987PTC027024	SHABNAM PROPERTIES PRIVATE LIMITED	Director	06-03-2006	06-03-2006	-	Active	NO
28	U74899DL1986PTC026518	INTERIA CRAFTS PRIVATE LIMITED	Director	06-03-2006	06-03-2006	15-06-2011	Active	NO
29	U74899DL1987PTC026815	BEHARILAL BENIPERSHAD PRIVATE LIMITED	Director	06-03-2006	06-03-2006	16-06-2010	Active	NO
30	U74899DL1991PTC045226	NORTHERN DISTRIBUTORS PRIVATE LIMITED	Director	06-03-2006	06-03-2006	15-06-2011	Active	NO
31	U30005DL2006PTC147252	ANGELICA TECHNOLOGIES PRIVATE LIMITED	Director	08-03-2006	08-03-2006	01-05-2009	Active	NO
32	U15511DL2000PTC154915	SEEBHAL MIKELIN DISTILLERY PRIVATE LIMITED	Director	30-09-2006	13-03-2006	14-09-2009	Active	NO
33	U70200DL2006PLC149218	PINNACLE INFRACON LIMITED	Director	26-05-2006	26-05-2006	13-08-2007	Active	NO
34	U70109DL2006PTC149325	PINNACLE CONSTRUCTIONS PRIVATE LIMITED	Director	30-05-2006	30-05-2006	01-05-2009	Active	NO
35	U70109DL2006PTC149698	CAPITAL DEVELOPMENTS PRIVATE LIMITED	Director	13-06-2006	13-06-2006	01-05-2009	Active	NO
36	U70109DL2006PTC149697	CAPITAL INFRACON PRIVATE LIMITED	Director	13-06-2006	13-06-2006	29-10-2010	Active	NO
37	U55101DL2005PTC138835	SPANK HOTELS PRIVATE LIMITED	Director	29-09-2006	26-07-2006	-	Amalgamated	NO
38	U15119DL2006PTC152490	DEVYANI INTERNATIONAL (MUMBAI) PRIVATE LIMITED	Director	25-08-2006	25-08-2006	01-05-2009	Strike off	NO
39	U45200DL2006PTC153494	POWER LINE VARUN CONSTRUCTIONS PRIVATE LIMITED	Director	11-09-2006	11-09-2006	01-05-2009	Strike off	NO
40	U01403DL2006PTC155072	DEVYANI AGRI BUSINESS PRIVATE LIMITED	Director	30-10-2006	30-10-2006	01-05-2009	Active	NO
41	U45200DL2006PTC156386	CAPITAL REALCON PRIVATE LIMITED	Director	08-12-2006	08-12-2006	01-05-2009	Active	NO
42	U45200DL2006PTC156349	PINNACLE PROPMART PRIVATE LIMITED	Director	08-12-2006	08-12-2006	01-05-2009	Active	NO
43	U45200DL2006PTC156363	PINNACLE TOWNSHIP PRIVATE LIMITED	Director	08-12-2006	08-12-2006	01-05-2009	Active	NO
44	U70101DL2006PTC156543	EMPIRE STOCKS PRIVATE LIMITED	Director	14-12-2006	14-12-2006	01-05-2009	Active	NO
45	U45200DL2006PTC156677	PINNACLE TOWN PLANNERS PRIVATE LIMITED	Director	18-12-2006	18-12-2006	01-05-2009	Active	NO
46	U45200DL2006PTC156968	CAPITAL TOWERS PRIVATE LIMITED	Director	22-12-2006	22-12-2006	01-05-2009	Active	NO
47	U45201DL2004PTC128734	GULAB BUILDWELL PRIVATE LIMITED	Director	27-09-2007	19-03-2007	-	Amalgamated	NO
48	U70101DL2005PTC139985	JAIPURIA REALTORS PRIVATE LIMITED	Director	27-09-2007	19-03-2007	-	Amalgamated	NO
49	U45201DL2005PTC138890	PADMAWATI BUILDWELL PRIVATE LIMITED	Director	27-09-2007	19-03-2007	-	Amalgamated	NO
50	U15134DL1965PLC129086	VARUN BEVERAGES (INTERNATIONAL) LIMITED	Director	19-03-2007	19-03-2007	-	Amalgamated	NO
51	U45201DL2005PTC137142	MUSKAN BUILDCON PRIVATE LIMITED	Director	27-09-2007	19-03-2007	-	Amalgamated	NO
52	U15549DL1997PTC210769	NORTH EAST PURE DRINKS PRIVATE LIMITED	Director	22-08-2008	23-02-2008	-	Amalgamated	NO
53	U74899DL1991PLC046403	DEVYANI FOOD INDUSTRIES LIMITED	Director	06-09-2011	13-05-2008	-	Active	NO
54	U62200DL1980PLC010262	RJ CORP LIMITED	Director	15-09-2014	13-05-2008	-	Active	NO
55	U74999DL2009PTC192403	AQUA STEMLIFE INTERNATIONAL PRIVATE LIMITED	Director	21-07-2009	21-07-2009	-	Active	NO
56	U74140DL2010PTC197710	REVIVA CELL RESEARCH AND THERAPIES PRIVATE LIMITED	Director	06-01-2010	06-01-2010	-	Amalgamated	NO
57	U85100DL2011PLC217993	LINEAGE HEALTHCARE LIMITED	Director	25-04-2011	25-04-2011	-	Active	NO
58	U25199DL2011FTC226364	ALISHA TORRENT CLOSURES (INDIA) PRIVATE LIMITED	Director	17-10-2011	17-10-2011	-	Active	NO
59	U55101DL2012PTC230028	DEVYANI INTERNATIONAL COSTA PRIVATE LIMITED	Director	16-01-2012	16-01-2012	-	Strike off	NO
60	U80903DL2012PTC232696	DEVYANI EDUCATION FOUNDATION PRIVATE LIMITED	Director	12-03-2012	12-03-2012	-	Under Process of Striking off	NO
61	U55101DL2013PTC250959	DEVYANI AIRPORT SERVICES (MUMBAI) PRIVATE LIMITED	Director	20-06-2014	24-04-2013	-	Active	NO
62	U74900DL2013PTC256548	DIAGNO LABS PRIVATE LIMITED	Director	13-08-2013	13-08-2013	-	Active	NO
63	U52100DL2013PTC259476	ALISHA RETAIL PRIVATE LIMITED	Director	30-09-2014	10-03-2014	-	Active	NO

Name :

Mr. Raj Pal Gandhi

Designation :

Director

Address :

P – 2/ 50 DLF City, Phase – II, Gurgaon - 122002, Haryana, India

Date of Birth/Age :

07.06.1957

Date of Appointment :

15.09.2014

DIN No.:

00003649

PAN No.:

AALPG8397D

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	U74899DL1991PLC046405	PARKVIEW CITY LIMITED	Director	10-08-1998	10-08-1998	11-11-2013	Active	NO
2	U74899DL1999PLC101230	PARKVIEW INFRASTRUCTURES LIMITED	Director	19-08-1999	19-08-1999	06-06-2008	Active	NO
3	U80301DL2003PTC118290	MODERN MONTESSORI INTERNATIONAL (INDIA) PRIVATE LIMITED	Additional director	10-09-2012	13-01-2003	06-11-2012	Active	NO
4	U74899DL1989PTC037343	PARKVIEW APARTMENTS PRIVATE LIMITED	Director	09-04-2004	09-04-2004	06-06-2008	Active	NO
5	U74899DL1995PLC069839	VARUN BEVERAGES LIMITED	Whole-time director	01-11-2013	21-10-2004	-	Active	NO
6	U74899DL1978PTC009190	DEVYANI ENTERPRISES PRIVATE LIMITED	Director	10-11-2004	10-11-2004	20-11-2009	Active	NO
7	U55101DL2004PTC130720	TANGERINE HOTELS PRIVATE LIMITED	Director	03-05-2005	03-05-2005	-	Amalgamated	NO
8	U15532DL2005PTC136903	SEEBHAL DISTILLERY PRIVATE LIMITED	Director	30-09-2006	31-05-2005	15-05-2013	Active	NO
9	U45201DL2005PTC138289	VARUN RESIDENTIAL PROJECTS PRIVATE LIMITED	Director	05-07-2005	05-07-2005	01-05-2009	Strike off	NO
10	U55101DL2002PTC118179	CITRUS HOTELS PRIVATE LIMITED	Director	17-08-2005	17-08-2005	20-02-2008	Amalgamated	NO
11	U45201DL2005PTC138953	JAIPURIA TOWERS PRIVATE LIMITED	Director	11-01-2006	11-01-2006	-	Amalgamated	NO
12	U45201DL2005PTC138954	PARKVIEW INFRACON PRIVATE LIMITED	Director	11-01-2006	11-01-2006	05-06-2007	Active	NO
13	U70101DL2006PTC146701	JAIPURIA INFRACON PRIVATE LIMITED	Director	22-02-2006	22-02-2006	-	Amalgamated	NO
14	U70101DL2006PTC146724	JAIPURIA INFRATECH PRIVATE LIMITED	Director	23-02-2006	23-02-2006	-	Amalgamated	NO
15	U51909DL2006PTC146757	FARM2PLATE DAIRY PRODUCE PRIVATE LIMITED	Director	24-02-2006	24-02-2006	-	Active	NO
16	U30005DL2006PTC147252	ANGELICA TECHNOLOGIES PRIVATE LIMITED	Director	08-03-2006	08-03-2006	01-05-2009	Active	NO
17	U70200DL2006PLC149218	PINNACLE INFRACON LIMITED	Director	26-05-2006	26-05-2006	01-01-2014	Active	NO
18	U70109DL2006PTC149325	PINNACLE CONSTRUCTIONS PRIVATE LIMITED	Director	30-05-2006	30-05-2006	01-05-2009	Active	NO
19	U70109DL2006PTC149697	CAPITAL INFRACON PRIVATE LIMITED	Director	13-06-2006	13-06-2006	29-10-2010	Active	NO
20	U70109DL2006PTC149698	CAPITAL DEVELOPMENTS PRIVATE LIMITED	Director	13-06-2006	13-06-2006	01-05-2009	Active	NO
21	U15119DL2006PTC152490	DEVYANI INTERNATIONAL (MUMBAI) PRIVATE LIMITED	Director	25-08-2006	25-08-2006	01-05-2009	Strike off	NO
22	U45200DL2006PTC153494	POWER LINE VARUN CONSTRUCTIONS PRIVATE LIMITED	Director	11-09-2006	11-09-2006	01-05-2009	Strike off	NO
23	U45200DL2006PTC156386	CAPITAL REALCON PRIVATE LIMITED	Director	08-12-2006	08-12-2006	01-05-2009	Active	NO
24	U45200DL2006PTC156349	PINNACLE PROPMART PRIVATE LIMITED	Director	08-12-2006	08-12-2006	01-05-2009	Active	NO
25	U45200DL2006PTC156363	PINNACLE TOWNSHIP PRIVATE LIMITED	Director	08-12-2006	08-12-2006	01-05-2009	Active	NO
26	U70101DL2006PTC156543	EMPIRE STOCKS PRIVATE LIMITED	Director	14-12-2006	14-12-2006	01-05-2009	Active	NO
27	U45200DL2006PTC156677	PINNACLE TOWN PLANNERS PRIVATE LIMITED	Director	18-12-2006	18-12-2006	01-05-2009	Active	NO
28	U45200DL2006PTC156968	CAPITAL TOWERS PRIVATE LIMITED	Director	22-12-2006	22-12-2006	01-05-2009	Active	NO
29	U45201DL2004PTC128734	GULAB BUILDWELL PRIVATE LIMITED	Director	27-09-2007	19-03-2007	-	Amalgamated	NO
30	U70101DL2005PTC139985	JAIPURIA REALTORS PRIVATE LIMITED	Director	27-09-2007	19-03-2007	-	Amalgamated	NO
31	U45201DL2005PTC138890	PADMAWATI BUILDWELL PRIVATE LIMITED	Director	27-09-2007	19-03-2007	-	Amalgamated	NO
32	U45201DL2005PTC137142	MUSKAN BUILDCON PRIVATE LIMITED	Director	27-09-2007	19-03-2007	-	Amalgamated	NO
33	U15135DL1991PLC046758	DEVYANI INTERNATIONAL LIMITED	Director	02-07-2008	13-08-2007	-	Active	NO
34	U15549DL1997PTC210769	NORTH EAST PURE DRINKS PRIVATE LIMITED	Director	22-08-2008	23-02-2008	-	Amalgamated	NO
35	U62200DL1980PLC010262	RJ CORP LIMITED	Director	15-09-2014	13-05-2008	-	Active	NO
36	U74899DL1991PLC046403	DEVYANI FOOD INDUSTRIES LIMITED	Director	06-09-2011	12-06-2008	-	Active	NO
37	U55101DL1998PTC091666	UNIVERSAL DAIRY PRODUCTS PRIVATE LIMITED	Additional director	04-07-2008	04-07-2008	01-10-2008	Active	NO
38	U55101DL2009PTC193995	DEVYANI FOOD STREET PRIVATE LIMITED	Director	07-09-2009	07-09-2009	-	Active	NO
39	U15134DL1965PLC129086	VARUN BEVERAGES (INTERNATIONAL) LIMITED	Director	23-09-2011	20-12-2010	-	Amalgamated	NO
40	U85100DL2011PLC217993	LINEAGE HEALTHCARE LIMITED	Director	25-04-2011	25-04-2011	-	Active	NO
41	U85195DL2005PTC137768	CRYOBANKS INTERNATIONAL INDIA PRIVATE LIMITED	Director	30-09-2011	24-08-2011	-	Active	NO
42	U55101DL2009PTC192897	DELHI SELECT SERVICE HOSPITALITY PRIVATE LIMITED	Director	27-06-2012	01-11-2011	-	Amalgamated	NO
43	U55101DL2012PTC230028	DEVYANI INTERNATIONAL COSTA PRIVATE LIMITED	Director	16-01-2012	16-01-2012	-	Strike off	NO
44	U55101DL2012PTC245993	DEVYANI INTERNATIONAL (CHENNAI) PRIVATE LIMITED	Director	11-12-2012	11-12-2012	-	Strike off	NO
45	U55209DL2012PTC246286	DEVYANI INTERNATIONAL (KOLKATA) PRIVATE LIMITED	Director	17-12-2012	17-12-2012	-	Strike off	NO
46	U74900DL2013PTC256548	DIAGNO LABS PRIVATE LIMITED	Director	13-08-2013	13-08-2013	-	Active	NO
47	U52100DL2013PTC259476	ALISHA RETAIL PRIVATE LIMITED	Additional director	21-01-2015	21-01-2015	-	Active	NO

Name :

Mr. Rajesh Chopra

Designation :

Director

Address :

13, Bhera Enclave, Paschim Vihar, New Delhi – 110087, India

Date of Birth/Age :

25.02.1960

Date of Appointment :

27.09.2011

DIN No.:

00003964

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	U74899DL1991PTC046389	SELLWELL FOODS AND BEVERAGES PRIVATE LIMITED	Director	28-12-2002	28-12-2002	13-01-2012	Active	NO
2	U74899DL1987PTC026811	DEVYANI EXIM PRIVATE LIMITED	Director	17-02-2003	17-02-2003	-	Amalgamated	NO
3	U74899DL1978PTC009190	DEVYANI ENTERPRISES PRIVATE LIMITED	Director	17-02-2003	17-02-2003	14-06-2011	Active	NO
4	U74899DL1991PTC046376	ANUJ TRADERS PRIVATE LIMITED	Director	11-12-2003	11-12-2003	-	Active	NO
5	U62200DL1980PLC010262	RJ CORP LIMITED	Director	27-09-2011	11-12-2003	-	Active	NO
6	U74899DL1981PTC011706	DEVYANI HOTELS AND RESORTS PRIVATE LIMITED	Director	21-10-2004	21-10-2004	15-03-2014	Active	NO
7	U74899DL1975PTC007694	DEVYANI LEISURES PRIVATE LIMITED	Director	21-10-2004	21-10-2004	15-03-2014	Active	NO
8	U55101DL1998PTC091666	UNIVERSAL DAIRY PRODUCTS PRIVATE LIMITED	Director	23-11-2004	23-11-2004	-	Active	NO
9	U74899DL1987PTC027024	SHABNAM PROPERTIES PRIVATE LIMITED	Director	20-07-2006	20-07-2006	-	Active	NO
10	U74899DL1986PTC026518	INTERIA CRAFTS PRIVATE LIMITED	Director	20-07-2006	20-07-2006	15-06-2011	Active	NO
11	U74899DL1987PTC026815	BEHARILAL BENIPERSHAD PRIVATE LIMITED	Director	20-07-2006	20-07-2006	16-06-2010	Active	NO
12	U74899DL1991PTC045226	NORTHERN DISTRIBUTORS PRIVATE LIMITED	Director	20-07-2006	20-07-2006	15-06-2011	Active	NO
13	U55101DL2006PTC153561	D. J. AGRI INDUSTRIES PRIVATE LIMITED	Director	02-02-2007	02-02-2007	-	Active	NO
14	U70200DL2006PLC149218	PINNACLE INFRACON LIMITED	Director	22-11-2007	21-07-2007	01-01-2014	Active	NO
15	U74899DL1985PTC022537	S V S INDIA PRIVATE LIMITED	Director	13-05-2008	13-05-2008	-	Active	NO
16	U92419RJ2005PTC021761	PINKCITY SPORTS COMPLEX PRIVATE LIMITED	Director	30-09-2008	13-05-2008	-	Strike off	NO
17	U74899DL1991PTC046381	RATNAKER FOODS AND BEVERAGES PRIVATE LIMITED	Director	30-09-2008	13-05-2008	-	Active	NO
18	U74899DL1991PLC046405	PARKVIEW CITY LIMITED	Managing director	20-02-2014	16-05-2008	-	Active	NO
19	U74899DL1993PLC054195	SAAB TRAVEL AND TOURS LIMITED	Director	30-01-2009	22-12-2008	10-01-2013	Active	NO
20	U15134DL1965PLC129086	VARUN BEVERAGES (INTERNATIONAL) LIMITED	Director	29-06-2009	01-05-2009	-	Amalgamated	NO
21	U45200DL2006PTC153494	POWER LINE VARUN CONSTRUCTIONS PRIVATE LIMITED	Director	19-08-2010	01-05-2009	-	Strike off	NO
22	U30005DL2006PTC147252	ANGELICA TECHNOLOGIES PRIVATE LIMITED	Director	04-09-2009	01-05-2009	-	Active	NO
23	U01403DL2006PTC155072	DEVYANI AGRI BUSINESS PRIVATE LIMITED	Director	30-09-2009	01-05-2009	-	Active	NO
24	U45200DL2006PTC156968	CAPITAL TOWERS PRIVATE LIMITED	Director	01-09-2009	01-05-2009	-	Active	NO
25	U45201DL2005PTC138289	VARUN RESIDENTIAL PROJECTS PRIVATE LIMITED	Director	10-09-2009	01-05-2009	-	Strike off	NO
26	U45200DL2006PTC156349	PINNACLE PROPMART PRIVATE LIMITED	Director	31-08-2009	01-05-2009	28-02-2014	Active	NO
27	U70109DL2006PTC149698	CAPITAL DEVELOPMENTS PRIVATE LIMITED	Director	26-08-2009	01-05-2009	28-07-2011	Active	NO
28	U45200DL2006PTC156386	CAPITAL REALCON PRIVATE LIMITED	Director	03-09-2009	01-05-2009	28-07-2011	Active	NO
29	U70109DL2006PTC149325	PINNACLE CONSTRUCTIONS PRIVATE LIMITED	Director	31-08-2009	01-05-2009	13-02-2015	Active	NO
30	U70101DL2006PTC156543	EMPIRE STOCKS PRIVATE LIMITED	Director	25-09-2009	01-05-2009	13-02-2015	Active	NO
31	U45200DL2006PTC156363	PINNACLE TOWNSHIP PRIVATE LIMITED	Director	25-09-2009	01-05-2009	13-02-2015	Active	NO
32	U45200DL2006PTC156677	PINNACLE TOWN PLANNERS PRIVATE LIMITED	Director	10-09-2009	01-05-2009	13-02-2015	Active	NO
33	U74899DL1991PLC046403	DEVYANI FOOD INDUSTRIES LIMITED	Director	02-08-2010	17-08-2009	-	Active	NO
34	U15532DL2005PTC136903	SEEBHAL DISTILLERY PRIVATE LIMITED	Director	25-09-2009	14-09-2009	15-05-2013	Active	NO
35	U15511DL2000PTC154915	SEEBHAL MIKELIN DISTILLERY PRIVATE LIMITED	Director	16-08-2010	14-09-2009	15-05-2013	Active	NO
36	U70109DL2006PTC149697	CAPITAL INFRACON PRIVATE LIMITED	Director	26-09-2011	29-10-2010	-	Active	NO
37	U55101DL2013PTC250959	DEVYANI AIRPORT SERVICES (MUMBAI) PRIVATE LIMITED	Director	18-04-2013	18-04-2013	25-04-2013	Active	NO
38	U72900DL2009PTC190619	Lunarmech Technologies Private limited	Director	23-09-2014	15-03-2014	-	Active	NO
39	U52100DL2013PTC259476	ALISHA RETAIL PRIVATE LIMITED

Name :

Mr. Varun Jaipuria

Designation :

Director

Address :

Plot No. 7A, Aurangzeb Road, New Delhi – 110011, India

Date of Birth/Age :

10.11.1987

Date of Appointment :

29.07.2013

DIN No.:

02465412

PAN No.:

AHAPJ9246N

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	U74899DL1995PLC069839	VARUN BEVERAGES LIMITED	Whole-time director	01-11-2013	01-01-2009	-	Active	NO
2	U15135DL1991PLC046758	DEVYANI INTERNATIONAL LIMITED	Director	28-06-2010	13-11-2009	-	Active	NO
3	U62200DL1980PLC010262	RJ CORP LIMITED	Director	29-07-2013	22-09-2010	-	Active	NO
4	U15134DL1965PLC129086	VARUN BEVERAGES (INTERNATIONAL) LIMITED	Director	23-09-2011	23-09-2011	-	Amalgamated	NO
5	U52100DL2013PTC259476	ALISHA RETAIL PRIVATE LIMITED	Director	30-09-2014	10-03-2014	-	Active	NO

Name :

Mr. Satya Vir Singh

Designation :

Whole-time Director

Address :

1334, Poorvanchal Complex JNU, New Delhi – 110067, India

Date of Birth/Age :

22.09.1947

Date of Appointment :

23.12.2014

DIN No.:

06608396

Name :

Mr. Raman Monga

Designation :

Additional Director

Address :

A - 54, IFS CGHS, A Block, Main Road, Mayur Vihar, Phase - I, Delhi - 110091, India

Date of Appointment :

31.03.2015

DIN No.:

01837918

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	U74899DL1989PTC034645	DEVYANI OVERSEAS PRIVATE LIMITED	Director	19-01-2004	19-01-2004	31-03-2009	Active	NO
2	U62200DL1980PLC010262	RJ CORP LIMITED	Additional director	31-03-2015	31-03-2015	-	Active	NO
3	U74899DL1991PLC046403	DEVYANI FOOD INDUSTRIES LIMITED	Additional director	31-03-2015	31-03-2015	-	Active	NO
4	U74899DL1991PLC046405	PARKVIEW CITY LIMITED	Additional director	31-03-2015	31-03-2015	-	Active	NO

Name :

Mr. Ravindra Dhariwal

Designation :

Additional Director

Address :

Aashray Farm, Opposite N.V.Farm, Sub P.O., SP School,, Bhatti Mines, Asola Village, New Delhi, Delhi, 110030, Delhi, India

Date of Appointment :

31.03.2015

DIN No.:

00003922

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	U22120MH1913PLC000391	BENNETT COLEMAN AND COMPANY LIMITED	Whole-time director	01-04-2011	01-01-2002	31-03-2015	Active	NO
2	U80302DL1984NPL019475	TIMES CENTRE FOR MEDIA AND MANAGEMENT STUDIES	Director	08-11-2002	08-11-2002	12-04-2013	Active	NO
3	L92140MH1999PLC120516	ENTERTAINMENT NETWORK (INDIA) LIMITED	Director	31-12-2002	31-12-2002	09-02-2015	Active	NO
4	U22121DL2004PLC126751	TIMES JOURNAL INDIA LIMITED	Director	02-06-2004	02-06-2004	03-06-2010	Active	NO
5	U65990MH1983PLC029209	BANHEM ESTATES AND IT PARKS LIMITED	Director	07-06-2006	07-06-2006	04-07-2014	Active	NO
6	U22120MH1985PLC036799	VARDHAMAN PUBLISHERS LIMITED	Director	07-06-2006	07-06-2006	14-07-2014	Active	NO
7	U02212KA2003PLC032182	TIMES VPL LIMITED	Director	03-10-2007	18-08-2006	-	Amalgamated	NO
8	U32109MH1986PLC168454	TIMES GLOBAL BROADCASTING COMPANY LIMITED	Director	13-09-2006	13-09-2006	27-02-2015	Active	NO
9	U74899DL1982GAP144061	TIMES FOR INDIA ORG	Director	12-09-2007	16-10-2006	03-06-2010	Active	NO
10	U99999DL1951PLC002023	THE INDIAN NEWSPAPER SOCIETY.	Director	27-10-2006	27-10-2006	16-02-2015	Active	NO
11	U72900MH2002PLC134966	TIMES INFOTAINMENT MEDIA LIMITED	Whole-time director	04-09-2014	04-12-2006	31-03-2015	Active	NO
12	U24999MH1948NPL006309	AUDIT BUREAU OF CIRCULATIONS	Director	19-01-2007	19-01-2007	26-09-2011	Active	NO
13	U74140DL2007PLC162846	BENNETT ADVISORY SERVICES LIMITED	Director	03-05-2007	03-05-2007	03-06-2010	Active	NO
14	U80301DL2007PLC165200	TIMES CENTRE FOR LEARNING LIMITED	Director	26-06-2007	26-06-2007	03-06-2010	Active	NO
15	L22121GJ1943PLC000183	THE SANDESH LIMITED	Director	20-09-2007	30-07-2007	14-03-2013	Active	NO
16	U74999DL1999PLC135531	TIMES INTERNET LIMITED	Director	07-09-2009	29-12-2008	02-03-2015	Active	NO
17	U01229DL2007PTC194698	AQUAGRI PROCESSING PRIVATE LIMITED	Additional director	14-04-2015	16-11-2009	-	Active	NO
18	U74992MH2006PLC163048	ZOOM ENTERTAINMENT NETWORK LIMITED	Director	30-09-2010	25-11-2009	12-04-2013	Active	NO
19	U99999MH2005PLC157078	TIMES INNOVATIVE MEDIA LIMITED	Director	07-09-2010	18-01-2010	03-02-2015	Active	NO
20	U80904DL2010NPL200262	TIMES SCHOOL OF MARKETING AND MANAGEMENT	Director	16-03-2010	16-03-2010	12-04-2013	Active	NO
21	U80900DL2010NPL200366	TIMES SCHOOL OF JOURNALISM	Director	18-03-2010	18-03-2010	12-04-2013	Active	NO
22	U92412MH2010PLC202021	ZOOM MOVIES (TV) LIMITED	Director	13-04-2010	13-04-2010	05-03-2014	Active	NO
23	U74999DL2010PTC203419	TIM DELHI AIRPORT ADVERTISING PRIVATE LIMITED	Director	01-06-2010	01-06-2010	05-08-2010	Active	NO
24	U92412MH2010PLC208138	MEDIA NETWORK AND DISTRIBUTION (INDIA) LIMITED	Director	24-09-2010	24-09-2010	04-07-2014	Active	NO
25	U74900DL2009PTC192566	CAPITOL ART HOUSE PRIVATE LIMITED	Director	27-09-2012	13-06-2012	-	Active	NO
26	U93020DL2013PTC248087	INSPIRED EMPORIO SALON PRIVATE LIMITED	Director	08-02-2013	08-02-2013	-	Active	NO
27	U74999MH2008PTC179149	RML INFORMATION SERVICES PRIVATE LIMITED	Director	22-02-2013	22-02-2013	14-10-2013	Active	NO
28	U22121KA2006PLC062825	METROPOLITAN MEDIA COMPANY LIMITED	Director	23-09-2013	05-08-2013	31-03-2015	Active	NO
29	U65990MH2008PLC178673	ARTHA REAL ESTATE CORPORATION LIMITED	Director	23-08-2014	19-06-2014	09-03-2015	Active	NO
30	U15135DL1991PLC046758	DEVYANI INTERNATIONAL LIMITED	Additional director	18-03-2015	18-03-2015	-	Active	NO
31	U74899DL1995PLC069839	VARUN BEVERAGES LIMITED	Director	22-05-2015	20-03-2015	-	Active	NO
32	U62200DL1980PLC010262	RJ CORP LIMITED	Additional director	31-03-2015	31-03-2015	-	Active	NO
33	U34100GJ1978PLC003127	MAHINDRA GUJARAT TRACTOR LIMITED	Additional director	31-03-2015	31-03-2015	-	Active	NO
34	U55101DL2009PTC193995	DEVYANI FOOD STREET PRIVATE LIMITED	Additional director	31-03-2015	31-03-2015	-	Active	NO
35	U74899DL1991PLC046403	DEVYANI FOOD INDUSTRIES LIMITED	Additional director	31-03-2015	31-03-2015	-	Active	NO
36	U74899DL1991PLC046405	PARKVIEW CITY LIMITED	Additional director	31-03-2015	31-03-2015	-	Active	NO

KEY EXECUTIVES

Name :	Monika Bhardwaj
Designation :	Secretary
Address :	Flat No. 107, Pelican Nest Society, Sector 10A, Gurgaon - 122001, Haryana, India
Date of Appointment :	1.03.2012
PAN No.:	BAUPS0168J
Name :	Lalit Singh
Designation :	Corporate Finance Officer
Address :	Street No - 2, A - 67, Ganga Vihar, Delhi - 110094, India
Date of Appointment :	23.12.2014
PAN No.:	ATOPS5854P

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 15.09.2014

Names of Shareholders	No. of Shares
Devyani Overseas Private Limited, India	2845788
Varun Jaipuria	8509
Ravi Kant Jaipuria and Sons (HUF)	115434
Devyani Enterprises Private Limited, India	2738244
Anuj Traders Private Limited, India	10
SVS India Private Limited, India	10
Sellwell Foods and Beverages Private Limited, India	5
Total	5708000

AS ON 08.10.2014

Names of Allottee (Equity Shares)	No. of Shares
India Advantage Fund S3 I	50
Total	50

AS ON 08.10.2014

Names of Allottee (Preference Shares)	No. of Shares
India Advantage Fund S3 I	8999950
Total	8999950

Equity Share Break up (Percentage of Total Equity)

AS ON 15.09.2014

Category	Percentage
Bodies corporate	97.83
Directors or relatives of Directors	0.15
Other top fifty shareholders	2.02
Total	100.00

BUSINESS DETAILS

Line of Business :

Subject engages in the businesses of food beverages, medical, retail, real estate, housing and education.

Products :

Item Code No.	Product Description
21050000	Sale of Ice cream
99717020	Shares
99721129	Lease Rental of Immovable Property
99871200	Maintenance Repairs and Installation Service, Service Charges, Commission Received

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 :

· Indusind Bank Limited

Dr. Gopal Das Bhawan, 28 Barakhamba Road, New Delhi – 110019 India

· Kotak Mahindra Bank Limited

15-16 UGF, Ambadeep Building, Kasturba Gandhi Marg, New Delhi - 110001, India

Banker Name	Axis Bank Limited
Branch Address	Statesman House, 148,Barakhamba Road, New Delhi - 110001, Delhi, 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 Million)

SECURED LOAN	As on 31.03.2014	As on 31.03.2013
LONG TERM BORROWING
Rupee term loans from others	1508.000	1997.750
Rupee term loans from banks	0.000	6.25
Total	1508.000	2004.000

Auditors :
Name :	O.P. Bagla and Company Chartered Accountants
Address :	8/12, Kalkaji Extension, New Delhi - 110019, India
Tel. No.:	91-11-26436190/ 26412939/ 26239913
Fax No.:	91-11-26239912
E-Mail :	admin@opbco.in
PAN N Income-tax PAN of auditor or auditor's firm :	AAAFO1030A
Memberships :	Not Available
Collaborators :	Not Available
Wholly owned Subsidiary:	Diagno Labs Private Limited
Subsidiaries:	Lineage Healthcare Limited
Joint Venture:	Arctic International Private Limited., Mauritius Afri Care Limited
Associates:	South Yaara Landholding Pty. Limited Devyani Enterprises Private Limited, India [U74899DL1978PTC009190] Devyani Overseas Private Limited, India [U74899DL1989PTC034645]
Enterprises Owned or significantly influenced by key management personnel:	ParkView City Limited, India [U74899DL1991PLC046405] Varun Beverages Limited, India [U74899DL1995PLC069839] Varun Bevarages (Zambia) Limited Varun Foods and Bevarages (Zambia) Limited Shabnam Properties Private Limited Sellwell foods and beverages Private Limited Varun Beverages Mozambique Limitada. Varun Beverages Morocco S.A. Devyani Food Industries Private Limited, India [U74899DL1978PTC009190] AB Inbev India Private Limited Devyani International Limited, India [U15135DL1991PLC046758] Cryo Banks India International Private Limited Devyani Food Industries Limited, India [U74899DL1991PLC046403]

CAPITAL STRUCTURE

AFTER 15.09.2014

Authorised Capital: Rs. 1895.000 Million

Issued, Subscribed & Paid-up Capital: Rs. 957.075 Million

AS ON 31.03.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
9500000	Equity Shares	Rs.10/- each	Rs.95.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
5708000	Equity Shares	Rs.10/- each	Rs.57.080 Million

FINANCIAL DATA

[all figures are in Rupees Million]

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	57.080	57.080	57.080
(b) Reserves & Surplus	2335.770	971.950	994.640
(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)	2392.850	1029.030	1051.720
(3) Non-Current Liabilities
(a) long-term borrowings	1508.000	2004.000	1497.000
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	185.490	185.490	35.490
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	1693.490	2189.490	1532.490
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	268.540	202.760	134.610
(c) Other current liabilities	1481.230	699.440	859.340
(d) Short-term provisions	0.330	0.230	0.080
Total Current Liabilities (4)	1750.100	902.430	994.030
TOTAL	5836.440	4120.950	3578.240
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	1550.370	224.450	231.160
(ii) Intangible Assets	3.370	0.130	0.000
(iii) Capital work-in-progress	0.010	0.740	0.000
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	1650.000	1650.000	750.000
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	645.980	415.550	477.710
(e) Other Non-current assets	109.480	109.550	86.560
Total Non-Current Assets	3959.210	2400.420	1545.430
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	1507.090	1487.250	1901.540
(c) Trade receivables	143.680	50.280	46.230
(d) Cash and cash equivalents	31.850	42.710	42.960
(e) Short-term loans and advances	94.270	67.580	41.980
(f) Other current assets	100.340	72.710	0.100
Total Current Assets	1877.230	1720.530	2032.810
TOTAL	5836.440	4120.950	3578.240

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2014	31.03.2013	31.03.2012
	SALES
	Income	1431.180	1636.050	1,490.190
	Other Income	37.980	35.120	0.110
	TOTAL (A)	1469.160	1671.170	1490.300
Less	EXPENSES
	Purchases of Stock-in-Trade	1035.600	949.700	1,515.500
	Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	(19.840)	414.290	(284.090)
	Employees benefits expense	24.090	12.480	6.930
	Other expenses	124.780	93.120	122.320
	Prior period items	0.000	(17.000)	0.000
	TOTAL (B)	1164.630	1452.590	1360.660
Less	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (C)	304.530	218.580	129.640
Less	FINANCIAL EXPENSES (D)	165.210	227.800	153.000
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)	139.320	(9.220)	(23.360)
Less/ Add	DEPRECIATION/ AMORTISATION (F)	8.080	4.040	3.930
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)	131.240	(13.260)	(27.290)
Less	TAX (H)	50.520	9.440	11.720
	PROFIT/ (LOSS) AFTER TAX (G-H) (I)	80.720	(22.700)	(39.010)
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD	330.040	352.740	391.750
	Balance Carried to the B/S	410.760	330.040	352.740
	Earnings / (Loss) Per Share (Rs.)	14.14	(4.13)	(7.09)

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2014	31.03.2013	31.03.2012
Current Maturities of Long term debt	512.250	393.000	242.000
Cash generated from operations	NA	NA	NA

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	5.64	(1.39)	(2.62)
Operating Profit Margin (PBIDT/Sales)	(%)	21.28	13.36	8.70
Return on Total Assets (PBT/Total Assets}	(%)	3.13	(0.54)	(0.96)
Return on Investment (ROI) (PBT/Networth)		0.05	(0.01)	(0.03)
Debt Equity Ratio (Total Debt /Networth)		0.84	2.33	1.65
Current Ratio (Current Asset/Current Liability)		1.07	1.91	2.05

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	57.080	57.080	57.080
Reserves & Surplus	994.640	971.950	2335.770
Money received against share warrants	0.000	0.000	0.000
Share Application money pending allotment	0.000	0.000	0.000
Net worth	1051.720	1029.030	2392.850
long-term borrowings	1497.000	2004.000	1508.000
Short term borrowings	0.000	0.000	0.000
Current Maturities of Long-Term Debts	242.000	393.000	512.250
Total borrowings	1739.000	2397.000	2020.250
Debt/Equity ratio	1.653	2.329	0.844

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	1490.190	1636.050	1431.180
		9.788	(12.522)

NET PROFIT MARGIN

Net Profit Margin	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	1490.190	1636.050	1431.180
Profit	(39.010)	(22.700)	80.720
	(2.62%)	(1.39%)	5.64%

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	Yes
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	Yes
18	Major suppliers	No
19	Major customers	No
20	Banking Details	Yes
21	Banking facility details	Yes
22	Conduct of the banking account	--
23	Financials, if provided	Yes
24	Capital in the business	Yes
25	Last accounts filed at ROC, if applicable	Yes
26	Turnover of firm for last three years	Yes
27	Reasons for variation <> 20%	--
28	Estimation for coming financial year	No
29	Profitability for last three years	Yes
30	Major shareholders, if available	Yes
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	10547648	29/12/2014	1,250,000,000.00	YES BANK LIMITED	NEHRU CENTRE, 9TH FLOOR, DISCOVERY OF INDIA, DR. A.B. ROAD, WORLI, MUMBAI, MAHARASHTRA - 400018, INDIA	C42810101
2	10512031	07/07/2014	450,000,000.00	AXIS FINANCE LIMITED	AXIS HOUSE, GROUND FLOOR,, WADIA INTERNATIONAL CE NTRE ,WORLI, MUMBAI, MAHARASHTRA - 400025, INDIA	C14459283
3	10361390	09/06/2012 *	900,000,000.00	KOTAK MAHINDRA PRIME LIMITED	36-38A NARIMAN BHAVAN,, 227, NARIMAN POINT,, MUMB AI, MAHARASHTRA - 400021, INDIA	B44061075
4	10266914	14/01/2011 *	400,000,000.00	KOTAK MAHINDRA PRIME LIMITED	36-38A NARIMAN BHAVAN,, 227, NARIMAN POINT,, MUMB AI, MAHARASHTRA - 400021, INDIA	B06982243
5	10191630	18/12/2009 *	730,000,000.00	KOTAK MAHINDRA PRIME LIMITED	36-38A NARIMAN BHAVAN,, 227, NARIMAN POINT,, MUMB AI, MAHARASHTRA - 400021, INDIA	A76047000
6	10191622	18/12/2009 *	400,000,000.00	KOTAK MAHINDRA PRIME LIMITED	36-38A NARIMAN BHAVAN,, 227, NARIMAN POINT,, MUMB AI, MAHARASHTRA - 400021, INDIA	A76047232
7	90052541	25/02/1995 *	2,500,000.00	BANK OF BARODA	M.G. ROAD, AGRA, UTTAR PRADESH, INDIA	-

* Date of charge modification

FIXED ASSETS

Tangible assets

• Land
• Buildings
• Plant and equipment
• Furniture and fixtures
• Vehicles
• Office equipment
• Other equipments
• Leasehold improvements

Intangible assets

• Computer software

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.64.03
UK Pound	1	Rs.99.27
Euro	1	Rs.71.90

INFORMATION DETAILS

Information Gathered by :	PPT
Analysis Done by :	KAR
Report Prepared by :	KVT / GTA

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILITY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	6
--CREDIT LINES	1~10	5
--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		48

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.