MIRA INFORM REPORT

Report No. :	312185
Report Date :	20.03.2015

IDENTIFICATION DETAILS

Name :	MBMG DIAMONDS PRIVATE LIMITED
Registered Office :	41/2299, 3^rd Floor, Malabar Gate, Ram Mohan Road, Puthiyara Post Calicut – 6730004, Kerala
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	11.06.2008
Com. Reg. No.:	09-022587
Capital Investment / Paid-up Capital :	Rs. 19.000 Million
CIN No.: [Company Identification No.]	U36911KL2008PTC022587
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	CHNM02941B
PAN No.: [Permanent Account No.]	AAFCM5904R
TIN No.:	27090870425
Legal Form :	Private Limited Liability Company
Line of Business :	Trader and Dealer of Diamonds and Diamond Studded Ornaments.
No. of Employees :	50 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (50)

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

Maximum Credit Limit :	USD 900000
Status :	Satisfactory
Payment Behaviour :	Usually correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track. As per registrar of companies the date of balance sheet i.e. financials filed is shown as 31^st March, 2014 but the documents related to the financials for the year 2014 are not available from any sources. As per available financials of 2013, financial position of the company seems to be decent. However, 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 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 – December 31, 2014

Country Name	Previous Rating (30.09.2014)	Current Rating (31.12.2014)
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	CARE
Rating	Long Term Bank Facilities = A-(SO)
Rating Explanation	Have adequate degree of safety and carry low credit risk.
Date	March 19, 2014

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. Vipin Raj
Designation :	Finance Head
Contact No.:	91-495-2721864
Date :	19.03.2015

LOCATIONS

Registered Office :	41/2299, 3^rd Floor, Malabar Gate, Ram Mohan Road, Puthiyara Post Calicut – 6730004, Kerala, India
Tel. No.:	91-495-2721864
Mobile No.:	91-8095833599 (Mr. Vipin)
Fax No.:	91-495-2724930
E-Mail :	corporateaffairs@malabargroup.com
Branch Office 1 :	B – 107, Floral Desk, Plaza Co operative society, MIDC Road, Andheri (East), Mumbai – 400093, Maharashtra, India
Branch Office 2 :	No.13, 1^st Floor, Dikensons Road, Bangalore - 560 042, Karnataka, India

DIRECTORS

AS ON 27.09.2014

Name :

Mr. Ahammed Madathum Parambath

Designation :

Nominee Director

Address :

5/2697-H, Malabar Hils Housing Colony, K.P. Chandran Road, Puthiyara (P), Calicut 04, India

Date of Birth/Age :

01.11.1957

Date of Appointment :

02.09.2008

DIN No.:

00016575

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	U17292KL1994PTC007987	MALABAR SILKS AND SAREES PVT LTD	Director	30/09/2014	17/06/1994	-	Active	NO
2	U70101KL1995PTC009762	MALABAR DEVELOPERS PRIVATE LIMITED	Managing director	11/12/1995	11/12/1995	-	Active	NO
3	U55101KL1999PTC012858	MALABAR HOSPITALITY SERVICES PRIVATE LIMITED	Director	05/03/1999	05/03/1999	-	Active	NO
4	U52393KL2001PTC014804	MALABAR GOLD PRIVATE LIMITED	Director	20/08/2014	19/06/2001	-	Active	NO
5	U70101KL1958PTC001812	MALABAR BUSINESS CENTRE PRIVATE LIMITED	Director	10/05/2002	10/05/2002	-	Active	NO
6	U51398KL2003PTC016082	MALABAR JEWELS AND GEMS PRIVATE LIMITED	Director	09/04/2003	09/04/2003	-	Active	NO
7	U36911KL2003PTC016159	MALABAR GOLD ORNAMENTS MAKERS PRIVATE LIMITED	Director	23/05/2003	23/05/2003	-	Amalgamated	NO
8	U51398KL2003PTC016237	MALABAR ORNAMENTS PRIVATE LIMITED	Director	24/06/2003	24/06/2003	-	Active	NO
9	U51398KL2003PTC016458	MALABAR COLLECTIONS PRIVATE LIMITED	Director	17/09/2003	17/09/2003	28/01/2015	Active	NO
10	U51398KL2004PTC017157	MALABAR CREATIONS PRIVATE LIMITED	Director	01/06/2004	01/06/2004	27/01/2015	Active	NO
11	U45209KL2004PTC017219	MALABAR CASTLE PRIVATE LIMITED	Director	03/01/2008	25/06/2004	-	Active	NO
12	U51394KL2004PTC016915	MALABAR WATCHES PRIVATE LIMITED	Director	20/12/2004	20/12/2004	-	Active	NO
13	U45201KL2005PTC017850	MALABAR BUILDERS INDIA Private Limited	Director	13/01/2010	28/01/2005	-	Active	NO
14	U45202KL2005PTC018334	MALABAR MANGALORE ARCADE PRIVATE LIMITED	Director	22/06/2005	22/06/2005	-	Active	NO
15	U36911KL2005PTC018335	MALABAR GOLD SUPER MARKET (KANNUR) PRIVATE LIMITED	Director	23/01/2009	22/06/2005	-	Active	NO
16	U52393KL2005PTC018793	MALABAR ROYAL DESIGNS (HYDERABAD) PRIVATE LIMITED	Director	10/11/2005	10/11/2005	-	Active	NO
17	U45201KL2005PTC018917	MALABAR TOWNSHIPS PRIVATE LIMITED	Director	09/12/2005	09/12/2005	-	Active	NO
18	U52393KL2006PTC019222	MALABAR INTERNATIONAL GOLD DESIGNS PRIVATE LIMITED	Director	02/08/2007	01/04/2006	28/01/2015	Active	NO
19	U45201KL2006PTC019766	MALABAR HIGHVIEW BUILDERS PRIVATE LIMITED	Director	24/08/2006	24/08/2006	-	Active	NO
20	U74994KL2006PTC019457	TIMBERTUNES DESIGNS & INTERIORS PRIVATE LIMITED	Additional director	25/08/2006	25/08/2006	17/06/2009	Active	NO
21	U45209KL2006PTC019786	MALABAR COMMERCIAL PLAZA PRIVATE LIMITED	Managing director	11/11/2010	28/08/2006	-	Active	NO
22	U52393KL2006PTC019295	MALABAR RETNA MAHAL PRIVATE LIMITED	Director	01/09/2007	20/09/2006	29/01/2015	Active	NO
23	U36911KL1997PTC011338	AL AHALI BUSINESS TRADE LINKS PRIVATE LIMITED	Director	30/09/2006	30/09/2006	-	Active	NO
24	U45202KL2006PTC020130	QUEENCITY REALTORS PRIVATE LIMITED	Director	27/12/2006	27/12/2006	-	Active	NO
25	U45209KL2006PTC020133	MALABAR SHOPPERS CENTRE PRIVATE LIMITED	Director	27/12/2006	27/12/2006	-	Active	NO
26	U52393KL2007PTC020142	MALABAR RUBY PRIVATE LIMITED	Director	13/03/2009	02/01/2007	17/02/2015	Active	NO
27	U74999KL2007PTC020223	KANNUR MOBILE PRIVATE LIMITED	Managing director	12/01/2007	12/01/2007	20/10/2007	Active	NO
28	U52599KL2006PTC020129	MALABAR EQUIPMENTS AND GENERAL TRADERS PRIVATE LIMITED	Director	24/12/2007	02/02/2007	-	Active	NO
29	U45202KL2007PTC020490	MALABAR COCHIN ARCADE PRIVATE LIMITED	Director	24/01/2009	15/03/2007	-	Active	NO
30	U45202KL2007PTC020450	MALABAR EDIFICE PRIVATE LIMITED	Director	02/09/2008	17/03/2007	-	Active	NO
31	U52393KL2006PTC019223	MALABAR PRECIOUS JEWELS (INDIA) PRIVATE LIMITED	Director	25/09/2007	30/03/2007	10/12/2014	Active	NO
32	U45202KL2005PTC018794	MALABAR TOWERS PRIVATE LIMITED	Director	27/09/2013	05/05/2007	-	Active	NO
33	U52393KL2005PTC018333	MALABAR GOLD JEWELS (TIRUR) PRIVATE LIMITED	Director	15/05/2007	15/05/2007	27/01/2015	Active	NO
34	U70102KL2007PTC020833	MALABAR TRAVANCORE DEVELOPERS (INDIA) PRIVATE LIMITED	Director	23/05/2007	23/05/2007	-	Active	NO
35	U52393KL2005PTC018265	MALABAR GOLD PALACE PRIVATE LIMITED	Director	27/09/2007	01/06/2007	-	Active	NO
36	U52393KL2007PTC020906	MALABAR KODUNGALLUR SONA BAZAR PRIVATE LIMITED	Director	29/09/2014	08/06/2007	26/12/2014	Active	NO
37	U51398KL2007PTC020980	MALABAR JEWELS FORT PRIVATE LIMITED	Director	22/06/2007	22/06/2007	30/01/2015	Active	NO
38	U45202KL2007PTC020982	ZEWAR COMMERCIAL CONSTRUCTIONS PRIVATE LIMITED	Director	13/12/2008	23/06/2007	-	Active	NO
39	U45202KL2007PTC020967	FORT-IN INFRA DEVELOPERS PRIVATE LIMITED	Director	01/11/2008	31/08/2007	-	Active	NO
40	U74300KL2006PTC019079	GAZZAZ GLOBAL AD-VISIONS PRIVATE LIMITED	Director	19/09/2008	21/12/2007	22/10/2014	Active	NO
41	U52393KL2007PTC021037	VAJRA CREATIONS PRIVATE LIMITED	Director	17/12/2008	10/01/2008	30/01/2015	Active	NO
42	U52393KL2006PTC019952	MALABAR DIAMOND GALLERY PRIVATE LIMITED	Director	26/09/2008	10/01/2008	-	Active	NO
43	U52393KL2006PTC019273	MALABAR CRYSTALS AND DIAMONDS PRIVATE LIMITED	Director	26/09/2008	10/01/2008	-	Active	NO
44	U52393KL2007PTC020264	MALABAR DAZZLE INDIA PRIVATE LIMITED	Director	18/07/2008	11/01/2008	-	Active	NO
45	U70102KL2007PTC021075	MALABAR MOUNTAIN INFRA DEVELOPERS PRIVATE LIMITED	Director	23/12/2008	11/01/2008	-	Active	NO
46	U52393KL2007PTC021369	LUSTER GOLD PALACE (INDIA) PRIVATE LIMITED	Director	16/12/2008	11/01/2008	28/01/2015	Active	NO
47	U36911KL2006PTC020140	FORTUNE ORNAMENTS MAKERS PRIVATE LIMITED	Director	26/09/2008	12/01/2008	17/12/2014	Active	NO
48	U70102KL2007PTC021619	WHITEMOUNT PROPERTY DEVELOPERS PRIVATE LIMITED	Director	24/12/2008	22/02/2008	31/12/2014	Active	NO
49	U70102KL2007PTC021618	SKYMOUNT INFRASTRUCTURE DEVELOPMENT PRIVATE LIMITED	Director	24/12/2008	22/02/2008	31/12/2014	Active	NO
50	U70102KL2007PTC021620	ROYAL MOUNT PROPERTY DEVELOPERS PRIVATE LIMITED	Director	20/12/2008	22/02/2008	31/12/2014	Active	NO
51	U51398KL2007PTC020985	GEHANA GOLD PALACE PRIVATE LIMITED	Director	15/12/2008	11/03/2008	28/01/2015	Active	NO
52	U52393KL2008PTC022635	GLISTEN GOLD COLLECTIONS PRIVATE LIMITED	Director	19/06/2008	19/06/2008	-	Active	NO
53	U51398KL2008PTC022577	MG PRECIOUS STONE TRADING VENTURES PRIVATE LIMITED	Director	09/11/2009	01/08/2008	-	Active	NO
54	U36911KL2008PTC022587	MBMG DIAMONDS PRIVATE LIMITED	Nominee director	02/09/2008	02/09/2008	-	Active	NO
55	U52393KL2008PTC022493	PATINA GOLD ORNAMENTS PRIVATE LIMITED	Director	09/11/2009	20/03/2009	30/01/2015	Active	NO
56	U70102KL2008PTC022199	OAKHILL LAND DEVELOPERS PRIVATE LIMITED	Director	29/09/2010	26/11/2009	-	Active	NO
57	U52393KL2008PTC022562	SWARNA KAMAL JEWELS (INDIA) PRIVATE LIMITED	Director	28/09/2010	15/03/2010	-	Active	NO
58	U52393KL2008PTC022607	TRAVANCORE GOLD INDIA PRIVATE LIMITED	Director	28/09/2010	22/03/2010	-	Active	NO
59	U51398KL2010PTC026091	PROMINENT JEWEL ARCADE PRIVATE LIMITED	Director	14/11/2011	23/11/2010	-	Active	NO
60	U52393KL2009PTC023863	EMERALD GOLD SOUK (INDIA) PRIVATE LIMITED	Director	30/09/2011	29/12/2010	29/01/2015	Active	NO
61	U36911KL2009PTC024370	AESTHETIC GOLD ORNAMENTS PRIVATE LIMITED	Director	07/09/2011	30/12/2010	30/01/2015	Active	NO
62	U70100KL2009PTC024367	SONNET BUILDERS AND DEVELOPERS PRIVATE LIMITED	Director	30/09/2011	22/03/2011	-	Active	NO
63	U45201KL1999PTC012720	MALABAR MARINA PROJECTS (INDIA) PRIVATE LIMITED	Director	27/09/2014	01/04/2011	-	Active	NO
64	U51398KL2010PTC025426	PALATIAL GOLD ORNAMENTS PRIVATE LIMITED	Director	28/09/2011	08/08/2011	-	Active	NO
65	U52393KL2009PTC024506	BLOSSOM GOLD COLLECTIONS PRIVATE LIMITED	Director	28/09/2012	08/10/2011	29/01/2015	Active	NO
66	U51909KL2012PTC030985	MALABAR BULLION TRADERS PRIVATE LIMITED	Director	12/04/2012	12/04/2012	-	Active	NO
67	U91110KL1931NPL001527	THE MALABAR CHAMBER OF COMMERCE	Director	28/09/2012	28/09/2012	-	Active	NO
68	U52312KL2012PTC032907	MALABAR RETAIL VENTURES PRIVATE LIMITED	Director	14/12/2012	14/12/2012	-	Active	NO
69	U36911KL2009PTC024369	BLAZE GOLD JEWELS PRIVATE LIMITED	Director	18/09/2013	08/03/2013	27/01/2015	Active	NO
70	AAA-4253	ENDEAR LAND DEVELOPERS LIMITED LIABILITY PARTNERSHIP	Body corporate as Designated Partner	25/03/2011	25/03/2011	31/03/2014	Active	NO
71	AAA-4255	PLENTY LAND DEVELOPERS LIMITED LIABILITY PARTNERSHIP	Body corporate as Designated Partner	25/03/2011	25/03/2011	31/03/2012	Active	NO
72	AAA-4683	UNIFY RETAIL VENTURES LIMITED LIABILITY PARTNERSHIP	Designated Partner	31/12/2011	31/12/2011	-	Active	NO
73	AAA-7622	TRAVANCORE INFRA DEVELOPERS LIMITED LIABILITY PARTNERSHIP	Designated Partner	13/01/2012	13/01/2012	-	Active	NO
74	AAD-1708	SOLIDITY CONTRACTING LLP	Designated Partner	09/01/2015	09/01/2015	-	Active	NO

Name :

Mr. Asher Ottamoochikkal

Designation :

Nominee Director

Address :

20/1128, "Mons", Cherumanassery Road, Kallai Road, Calicut – 673003, Kerala, India

Date of Birth/Age :

25.01.1969

Date of Appointment :

11.06.2008

DIN No.:

00016721

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	U52393KL2001PTC014804	MALABAR GOLD PRIVATE LIMITED	Managing director	20/08/2014	19/06/2001	-	Active	NO
2	U51398KL2003PTC016082	MALABAR JEWELS AND GEMS PRIVATE LIMITED	Managing director	06/11/2003	06/11/2003	-	Active	NO
3	U36911KL2003PTC016159	MALABAR GOLD ORNAMENTS MAKERS PRIVATE LIMITED	Director	22/08/2004	22/08/2004	-	Amalgamated	NO
4	U52393KL2006PTC019273	MALABAR CRYSTALS AND DIAMONDS PRIVATE LIMITED	Director	30/09/2014	10/01/2007	-	Active	NO
5	U52393KL2007PTC020264	MALABAR DAZZLE INDIA PRIVATE LIMITED	Director	07/04/2007	22/01/2007	12/07/2013	Active	NO
6	U52393KL2007PTC021037	VAJRA CREATIONS PRIVATE LIMITED	Director	09/07/2007	09/07/2007	-	Active	NO
7	U52393KL2007PTC021369	LUSTER GOLD PALACE (INDIA) PRIVATE LIMITED	Director	30/10/2007	30/10/2007	28/01/2015	Active	NO
8	U74300KL2006PTC019079	GAZZAZ GLOBAL AD-VISIONS PRIVATE LIMITED	Director	19/09/2008	21/12/2007	08/01/2013	Active	NO
9	U70102KL2007PTC021620	ROYAL MOUNT PROPERTY DEVELOPERS PRIVATE LIMITED	Director	27/09/2014	28/12/2007	31/12/2014	Active	NO
10	U52393KL2006PTC019952	MALABAR DIAMOND GALLERY PRIVATE LIMITED	Director	26/09/2008	10/01/2008	-	Active	NO
11	U52393KL2006PTC019222	MALABAR INTERNATIONAL GOLD DESIGNS PRIVATE LIMITED	Director	28/04/2008	28/04/2008	28/01/2015	Active	NO
12	U52393KL2008PTC022562	SWARNA KAMAL JEWELS (INDIA) PRIVATE LIMITED	Managing director	09/06/2008	09/06/2008	12/07/2010	Active	NO
13	U51398KL2008PTC022577	MG PRECIOUS STONE TRADING VENTURES PRIVATE LIMITED	Director	30/09/2014	11/06/2008	-	Active	NO
14	U36911KL2008PTC022587	MBMG DIAMONDS PRIVATE LIMITED	Nominee director	02/09/2008	11/06/2008	-	Active	NO
15	U52393KL2005PTC018793	MALABAR ROYAL DESIGNS (HYDERABAD) PRIVATE LIMITED	Director	22/09/2009	01/12/2008	-	Active	NO
16	U52393KL2007PTC020142	MALABAR RUBY PRIVATE LIMITED	Director	10/08/2009	13/03/2009	-	Active	NO
17	U36911KL2009PTC024369	BLAZE GOLD JEWELS PRIVATE LIMITED	Director	25/06/2009	25/06/2009	27/01/2015	Active	NO
18	U45202KL2007PTC020967	FORT-IN INFRA DEVELOPERS PRIVATE LIMITED	Director	30/09/2010	29/09/2009	-	Active	NO
19	U51398KL2010PTC025426	PALATIAL GOLD ORNAMENTS PRIVATE LIMITED	Director	30/09/2014	29/01/2010	-	Active	NO
20	U51398KL2010PTC026164	UNITY JEWEL ARCADE PRIVATE LIMITED	Director	09/06/2010	09/06/2010	27/01/2015	Active	NO
21	U51909KL2010PTC026411	VIBRANT JEWEL ARCADE PRIVATE LIMITED	Director	23/07/2010	23/07/2010	17/12/2014	Active	NO
22	U51398KL2010PTC026777	FOCUS JEWEL ARCADE PRIVATE LIMITED	Director	27/09/2010	27/09/2010	17/12/2014	Active	NO
23	U51398KL2010PTC026091	PROMINENT JEWEL ARCADE PRIVATE LIMITED	Director	29/09/2014	28/02/2011	-	Active	NO
24	U36911KL2006PTC020140	FORTUNE ORNAMENTS MAKERS PRIVATE LIMITED	Director	19/09/2011	23/03/2011	17/12/2014	Active	NO
25	U51394KL2004PTC016915	MALABAR WATCHES PRIVATE LIMITED	Director	30/07/2011	23/03/2011	-	Active	NO
26	U52393KL2009PTC024506	BLOSSOM GOLD COLLECTIONS PRIVATE LIMITED	Director	28/09/2012	08/10/2011	29/01/2015	Active	NO
27	U70101KL1995PTC009762	MALABAR DEVELOPERS PRIVATE LIMITED	Director	26/09/2014	16/12/2013	-	Active	NO
28	U45209KL2006PTC019786	MALABAR COMMERCIAL PLAZA PRIVATE LIMITED	Director	18/09/2014	27/08/2014	-	Active	NO
29	AAA-0596	BREIGNS BUSINESS SOLUTIONS LIMITED LIABILITY PARTNERSHIP	Designated Partner	13/01/2010	13/01/2010	30/06/2010	Active	NO
30	AAA-0611	SPLENDOUR GOLD COLLECTIONS LLP	Designated Partner	18/01/2010	18/01/2010	-	Active	NO
31	AAA-3466	FORT- IN INFRA GOLD COLLECTIONS LIMITED LIABILITY PARTNERSHIP	Designated Partner	20/01/2011	20/01/2011	-	Active	NO
32	AAA-3857	PRIMEEARTH DEVELOPERS LIMITED LIABILITY PARTNERSHIP	Designated Partner	18/02/2011	18/02/2011	-	Active	NO
33	AAA-5944	NORTHERN GOLD COLLECTIONS LIMITED LIABILITY PARTNERSHIP	Body corporate as Designated Partner	28/03/2012	28/03/2012	-	Active	NO
34	AAA-5958	PROSPER JEWEL ARCADE LIMITED LIABILITY PARTNERSHIP	Body corporate as Designated Partner	30/03/2012	30/03/2012	-	Active	NO
35	AAA-7473	BLUECOUNTY PROPERTIES LIMITED LIABILITY PARTNERSHIP	Body corporate as Designated Partner	29/12/2011	29/12/2011	-	Active	NO
36	AAA-7475	SAROVARAM DEVELOPERS LIMITED LIABILITY PARTNERSHIP	Body corporate as Designated Partner	30/12/2011	30/12/2011	-	Active	NO
37	AAA-7622	TRAVANCORE INFRA DEVELOPERS LIMITED LIABILITY PARTNERSHIP	Body corporate as Designated Partner	13/01/2012	13/01/2012	-	Active	NO
38	AAB-8621	MONTANA ESTATE ORGANIC LIMITED LIABILITY PARTNERSHIP	Body corporate as Designated Partner	09/11/2013	09/11/2013	-	Active	NO
39	AAB-8790	EHAM HOME SOLUTIONS LIMITED LIABILITY PARTNERSHIP	Body corporate as Designated Partner	22/11/2013	22/11/2013	-	Active	NO
40	AAD-1708	SOLIDITY CONTRACTING LLP	Body corporate as Designated Partner	09/01/2015	09/01/2015	-	Active	NO

Name :

Mr. Ibrahimhaji Pallikere Abdulla

Designation :

Nominee Director

Address :

14/436, "Noor Mahal "Jolly Nagar, Pallikkara,. P.O. Kasaragod – 671316, Kerala India

Date of Birth/Age :

06.09.1943

Date of Appointment :

02.09.2008

DIN No.:

00017148

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	U50102KL1984PTC004009	INDUS MOTOR COMPANY PRIVATE LIMITED	Director	20/01/1986	20/01/1986	-	Active	NO
2	U55100KA1990PTC011380	HOTEL NEW RAINBOW PRIVATE LIMITED	Director	17/10/1991	17/10/1991	06/10/2009	Active	NO
3	U65993KL1992PTC006666	BELL INFRASTRUCTURE PRIVATE LIMITED	Managing director	02/01/2012	11/11/1992	-	Active	NO
4	U85110KA1995PLC019150	NALPAD KUNIL DEVELOPERS LIMITED	Director	13/11/1995	13/11/1995	13/09/2013	Active	NO
5	U85110TZ1992PLC003894	TEXCITY MEDICAL CENTRE AND HOSPITALS LIMITED	Director	28/09/1996	28/09/1996	-	Active	NO
6	U51398KL2003PTC016458	MALABAR COLLECTIONS PRIVATE LIMITED	Managing director	06/11/2003	06/11/2003	-	Active	NO
7	U51398KL2003PTC016237	MALABAR ORNAMENTS PRIVATE LIMITED	Director	23/09/2004	23/09/2004	-	Active	NO
8	U52393KL2001PTC014804	MALABAR GOLD PRIVATE LIMITED	Director	30/09/2004	30/09/2004	-	Active	NO
9	U51398KL2003PTC016082	MALABAR JEWELS AND GEMS PRIVATE LIMITED	Director	05/10/2004	05/10/2004	-	Active	NO
10	U45209KL2004PTC017219	MALABAR CASTLE PRIVATE LIMITED	Director	17/12/2004	17/12/2004	30/11/2007	Active	NO
11	U51398KL2004PTC017157	MALABAR CREATIONS PRIVATE LIMITED	Director	17/12/2004	17/12/2004	-	Active	NO
12	U70101KL1958PTC001812	MALABAR BUSINESS CENTRE PRIVATE LIMITED	Director	18/12/2004	18/12/2004	-	Active	NO
13	U51394KL2004PTC016915	MALABAR WATCHES PRIVATE LIMITED	Director	20/12/2004	20/12/2004	-	Active	NO
14	U70200KA2005PTC035436	P-PLUS DEVELOPERS PRIVATE LIMITED	Managing director	25/10/2007	17/01/2005	-	Active	NO
15	U45201KL2005PTC017850	MALABAR BUILDERS INDIA Private Limited	Director	20/09/2005	20/09/2005	-	Active	NO
16	U45201KL2005PTC018917	MALABAR TOWNSHIPS PRIVATE LIMITED	Managing director	09/12/2005	09/12/2005	-	Active	NO
17	U52393KL2006PTC019222	MALABAR INTERNATIONAL GOLD DESIGNS PRIVATE LIMITED	Managing director	28/04/2008	20/02/2006	-	Active	NO
18	U74994KL2006PTC019457	TIMBERTUNES DESIGNS & INTERIORS PRIVATE LIMITED	Additional director	25/08/2006	25/08/2006	17/06/2009	Active	NO
19	U45202KL2005PTC018334	MALABAR MANGALORE ARCADE PRIVATE LIMITED	Director	26/09/2006	26/09/2006	-	Active	NO
20	U36911KL1997PTC011338	AL AHALI BUSINESS TRADE LINKS PRIVATE LIMITED	Director	30/09/2006	30/09/2006	-	Active	NO
21	U45201KL2006PTC019766	MALABAR HIGHVIEW BUILDERS PRIVATE LIMITED	Director	13/11/2006	13/11/2006	-	Active	NO
22	U45202KL2005PTC018794	MALABAR TOWERS PRIVATE LIMITED	Director	29/04/2008	29/04/2008	30/12/2014	Active	NO
23	U51398KL2008PTC022577	MG PRECIOUS STONE TRADING VENTURES PRIVATE LIMITED	Nominee director	20/08/2008	20/08/2008	-	Active	NO
24	U36911KL2008PTC022587	MBMG DIAMONDS PRIVATE LIMITED	Nominee director	02/09/2008	02/09/2008	-	Active	NO
25	U45200KL2008PTC023132	HYDRA BUILDERS & DEVELOPERS PRIVATE LIMITED	Managing director	10/09/2008	10/09/2008	-	Active	NO
26	U52393KL2005PTC018793	MALABAR ROYAL DESIGNS (HYDERABAD) PRIVATE LIMITED	Director	22/09/2009	01/12/2008	-	Active	NO
27	U52393KL2007PTC021369	LUSTER GOLD PALACE (INDIA) PRIVATE LIMITED	Director	24/09/2009	01/07/2009	-	Active	NO
28	U45202KL2007PTC020967	FORT-IN INFRA DEVELOPERS PRIVATE LIMITED	Director	30/09/2010	29/09/2009	-	Active	NO
29	U65923KL2009PLC025082	CHERAMAN FINANCIAL SERVICES LIMITED	Director	30/11/2009	30/11/2009	-	Active	NO
30	U24134KL1999PTC012785	BEST VINYL PRODUCTS PRIVATE LIMITED	Director	10/12/2009	10/12/2009	04/07/2014	Active	NO
31	U52393KL2008PTC022635	GLISTEN GOLD COLLECTIONS PRIVATE LIMITED	Director	28/09/2010	04/05/2010	-	Active	NO
32	U52393KL2006PTC019952	MALABAR DIAMOND GALLERY PRIVATE LIMITED	Director	27/05/2010	27/05/2010	-	Active	NO
33	U52393KL2008PTC022607	TRAVANCORE GOLD INDIA PRIVATE LIMITED	Director	28/09/2010	06/07/2010	-	Active	NO
34	U52393KL2008PTC022562	SWARNA KAMAL JEWELS (INDIA) PRIVATE LIMITED	Director	28/09/2010	12/07/2010	-	Active	NO
35	U45201KL2010PTC026346	PA WEXCO PROJECTS AND PROPERTY DEVELOPERS PRIVATE LIMITED	Director	14/07/2010	14/07/2010	-	Active	NO
36	U85100KL2008PTC022977	ResQ Healthcare (India) Private Limited	Additional director	12/12/2011	12/12/2011	-	Active	NO
37	U45201KL1999PTC012720	MALABAR MARINA PROJECTS (INDIA) PRIVATE LIMITED	Director	27/09/2012	06/07/2012	-	Active	NO
38	U22110KL1935PLC001523	MUSLIM PRINTING AND PUBLISHING CO LTD	Director	28/09/2012	08/08/2012	-	Active	NO
39	U45200KL2012PTC032051	KING CITY INTERNATIONAL VENTURES PRIVATE LIMITED	Managing director	04/09/2012	04/09/2012	-	Active	NO
40	U67190KL2012PLC032330	CHERAMAN FUNDS MANAGEMENT LIMITED	Director	23/08/2013	03/02/2013	-	Active	NO
41	U70100KA2013PTC068395	D3 Estate and Constructions (India) Private Limited	Additional director	14/09/2013	14/09/2013	15/12/2013	Active	NO
42	U80300KL2014PTC036395	CREST KNOWLEDGE CENTRE PRIVATE LIMITED	Director	12/03/2014	12/03/2014	-	Active	NO
43	AAA-0728	SOUNDHARYA WEDDING COLLECTION LLP	Designated Partner	12/02/2010	12/02/2010	30/05/2014	Active	NO
44	AAC-2264	DEMIRE ESTATES LLP	Designated Partner	31/03/2014	31/03/2014	-	Active	NO

Name :

Mr. Jareesh Thekke Koroth

Designation :

Nominee Director

Address :

6/469, Thekke Koroth, Uralloor Post, Quilandy Kozhikode- 673620, Kerala, India

Date of Birth/Age :

23.03.1982

Date of Appointment :

02.09.2008

DIN No.:

00611786

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	U52393KL2006PTC019952	MALABAR DIAMOND GALLERY PRIVATE LIMITED	Director	27/10/2006	27/10/2006	22/01/2010	Active	NO
2	U51398KL2008PTC022577	MG PRECIOUS STONE TRADING VENTURES PRIVATE LIMITED	Director	09/11/2009	20/08/2008	-	Active	NO
3	U36911KL2008PTC022587	MBMG DIAMONDS PRIVATE LIMITED	Nominee director	02/09/2008	02/09/2008	-	Active	NO

Name :

Mr. Milan Kavin Parikh

Designation :

Nominee Director

Address :

15-A, J Mehta Marg, Next To Khatau Condominium, Mumbai – 400006, Maharashtra, India

Date of Birth/Age :

06.07.1963

Date of Appointment :

02.09.2008

DIN No.:

00256411

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	U36912MH1987PTC044898	PARMES DIAMONDS EXPORTS PRIVATE LIMITED	Director	01/04/1994	01/04/1994	-	Active	NO
2	U70101MH1994PTC083129	PRICELESS PROPERTIES AND DEVELOPERS PRIVATE LIMITED	Director	21/11/1994	21/11/1994	-	Active	NO
3	U36911MH1989PTC052544	UNI-DESIGN JEWELLERY PRIVATE LIMITED.	Director	30/11/1994	30/11/1994	-	Active	NO
4	U67120MH1995PTC088974	UNI DESIGN ELITE JEWELLERY PRIVATE LIMITED	Director	31/05/1995	31/05/1995	-	Active	NO
5	U45200MH1995PTC093046	ASMINA PROPERTIES AND DEVELOPERS PRIVATE LIMITED	Director	25/09/1995	25/09/1995	-	Active	NO
6	U36912MH1994PLC083128	MULTIFACED IMPEX LIMITED	Director	05/02/1998	05/02/1998	18/08/2008	Active	NO
7	U91900MH1998PTC115374	SKYHIGH TRUSTEE SERVICES PRIVATE LIMITED	Director	17/06/1998	17/06/1998	27/07/2009	Active	NO
8	U99999MH1999PTC120538	AASHI JEWELS PRIVATE LIMITED	Director	25/06/1999	25/06/1999	-	Amalgamated	NO
9	U36912MH2000PTC126428	UNI-DESIGN JEWELLERY (INDIA) PRIVATE LIMITED	Director	11/05/2000	11/05/2000	-	Active	NO
10	U55200MH1994PTC083135	PANVEL HOLIDAY RESORTS PRIVATE LIMITED	Director	02/07/2001	02/07/2001	31/08/2009	Active	NO
11	U67120MH1995PTC088975	VISUALISE FINANCIALS PRIVATE LIMITED	Director	02/07/2001	02/07/2001	-	Amalgamated	NO
12	U70102MH1993PTC071937	SAUMIL PROPERTIES AND DEVELOPERS PVT.LTD.	Director	02/07/2001	02/07/2001	-	Amalgamated	NO
13	U70101MH1993PTC071863	RIJAY PROPERTIES AND DEVELOPERS PVT LTD	Director	02/07/2001	02/07/2001	-	Amalgamated	NO
14	U65990MH1994PTC082315	ACCREDUT FINANCE AND INVESTMENTS PRIVATE LIMITED	Director	05/01/2004	05/01/2004	-	Active	NO
15	U51398MH2003PTC142596	MAHENDRA BROTHERS DIAMONDS PRIVATE LIMITED	Director	20/01/2004	20/01/2004	-	Amalgamated	NO
16	U51398MH2003PTC193243	RIJAY DIAMOND EXPORTS PRIVATE LIMITED	Director	19/11/2004	19/11/2004	-	Amalgamated	NO
17	U36910MH2004PLC146406	NAKSHATRA BRANDS LIMITED	Director	01/04/2005	01/04/2005	28/08/2007	Active	NO
18	U51398MH1984NPL033787	BHARAT DIAMOND BOURSE	Director	23/12/2010	28/09/2006	-	Active	NO
19	U52393MH2007PTC169724	MAHENDRA BROTHERS EXPORTS PRIVATE LIMITED	Whole-time director	05/04/2007	05/04/2007	-	Active	NO
20	U36911KL2008PTC022587	MBMG DIAMONDS PRIVATE LIMITED	Nominee director	02/09/2008	02/09/2008	-	Active	NO
21	U74999MH2008NPL185159	International Wine and Food Society	Additional director	11/05/2009	11/05/2009	30/03/2010	Active	NO
22	AAA-0578	SMARAN ENTERPRISE LLP	Designated Partner	07/01/2010	07/01/2010	-	Active	NO
23	AAA-2802	MBD TRADING LLP	Designated Partner	15/11/2010	15/11/2010	-	Active	NO

Name :

Mr. Raj Hiten Parikh

Designation :

Nominee Director

Address :

Carnegie Mellon Univ. Smc-4536, 5125 Margaret Morrisson St, Pittsburgh 15213

Date of Birth/Age :

21.12.1981

Date of Appointment :

02.09.2008

DIN No.:

00921828

Other Directorshiop :

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	U36911MH1989PTC052544	UNI-DESIGN JEWELLERY PRIVATE LIMITED.	Director	08/11/2004	08/11/2004	-	Active	NO
2	U67120MH1995PTC088974	UNI DESIGN ELITE JEWELLERY PRIVATE LIMITED	Director	24/01/2005	24/01/2005	-	Active	NO
3	U51398MH2003PTC193243	RIJAY DIAMOND EXPORTS PRIVATE LIMITED	Director	31/01/2007	31/01/2007	14/09/2009	Amalgamated	NO
4	U51398MH2003PTC142596	MAHENDRA BROTHERS DIAMONDS PRIVATE LIMITED	Director	14/06/2007	31/01/2007	31/08/2009	Amalgamated	NO
5	U52393MH2007PTC169724	MAHENDRA BROTHERS EXPORTS PRIVATE LIMITED	Whole-time director	05/04/2007	05/04/2007	-	Active	NO
6	U36911KL2008PTC022587	MBMG DIAMONDS PRIVATE LIMITED	Nominee director	02/09/2008	02/09/2008	-	Active	NO
7	U65990MH1994PTC082315	ACCREDUT FINANCE AND INVESTMENTS PRIVATE LIMITED	Director	29/09/2010	31/08/2009	-	Active	NO
8	U70101MH1994PTC083129	PRICELESS PROPERTIES AND DEVELOPERS PRIVATE LIMITED	Director	29/09/2010	31/08/2009	-	Active	NO
9	U70101MH1993PTC071863	RIJAY PROPERTIES AND DEVELOPERS PVT LTD	Director	29/09/2010	31/08/2009	-	Amalgamated	NO
10	U70102MH1993PTC071937	SAUMIL PROPERTIES AND DEVELOPERS PVT.LTD.	Director	29/09/2010	31/08/2009	-	Amalgamated	NO
11	U99999MH1999PTC120538	AASHI JEWELS PRIVATE LIMITED	Director	29/09/2010	31/08/2009	-	Amalgamated	NO
12	U36912MH2000PTC126428	UNI-DESIGN JEWELLERY (INDIA) PRIVATE LIMITED	Director	31/08/2009	31/08/2009	-	Active	NO
13	U67120MH1995PTC088975	VISUALISE FINANCIALS PRIVATE LIMITED	Director	29/09/2010	05/09/2009	-	Amalgamated	NO
14	AAA-0876	UNI-DESIGN JEWELLERY HOLDINGS LLP	Body corporate as Designated Partner	05/03/2010	05/03/2010	-	Active	NO
15	AAA-0876	UNI-DESIGN JEWELLERY HOLDINGS LLP	Body corporate as Designated Partner	12/03/2010	12/03/2010	-	Active	NO
16	AAA-1059	SMARAN RETAIL LLP	Body corporate as Designated Partner	01/04/2010	01/04/2010	-	Active	NO

Name :

Mr. Saunak Jitendra Parikh

Designation :

Nominee Director

Address :

Petit Hall, D Bldg. Flat No.171, Menka, 66, Nepean Sea Road, Mumbai – 400006, Maharashtra, India

Date of Birth/Age :

22.08.1971

Date of Appointment :

02.09.2008

DIN No.:

00256316

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	U36912MH1994PLC083128	MULTIFACED IMPEX LIMITED	Director	21/11/1994	21/11/1994	18/08/2008	Active	NO
2	U70101MH1994PTC083129	PRICELESS PROPERTIES AND DEVELOPERS PRIVATE LIMITED	Director	21/11/1994	21/11/1994	-	Active	NO
3	U36911MH1989PTC052544	UNI-DESIGN JEWELLERY PRIVATE LIMITED.	Director	27/01/1995	27/01/1995	05/03/2012	Active	NO
4	U67120MH1995PTC088975	VISUALISE FINANCIALS PRIVATE LIMITED	Director	31/05/1995	31/05/1995	-	Amalgamated	NO
5	U99999MH1999PTC120538	AASHI JEWELS PRIVATE LIMITED	Director	25/06/1999	25/06/1999	-	Amalgamated	NO
6	U36912MH2000PTC126428	UNI-DESIGN JEWELLERY (INDIA) PRIVATE LIMITED	Director	26/06/2000	26/06/2000	-	Active	NO
7	U55200MH1994PTC083135	PANVEL HOLIDAY RESORTS PRIVATE LIMITED	Director	02/09/2000	02/09/2000	-	Active	NO
8	U67120MH1995PTC088974	UNI DESIGN ELITE JEWELLERY PRIVATE LIMITED	Director	02/07/2001	02/07/2001	05/03/2012	Active	NO
9	U70101MH1993PTC071863	RIJAY PROPERTIES AND DEVELOPERS PVT LTD	Director	02/07/2001	02/07/2001	-	Amalgamated	NO
10	U91900MH1998PTC115374	SKYHIGH TRUSTEE SERVICES PRIVATE LIMITED	Director	08/07/2001	08/07/2001	27/07/2009	Active	NO
11	U65990MH1994PTC082315	ACCREDUT FINANCE AND INVESTMENTS PRIVATE LIMITED	Director	05/01/2004	05/01/2004	-	Active	NO
12	U51398MH2003PTC193243	RIJAY DIAMOND EXPORTS PRIVATE LIMITED	Director	31/01/2007	31/01/2007	-	Amalgamated	NO
13	U51398MH2003PTC142596	MAHENDRA BROTHERS DIAMONDS PRIVATE LIMITED	Director	14/06/2007	31/01/2007	-	Amalgamated	NO
14	U52393MH2007PTC169724	MAHENDRA BROTHERS EXPORTS PRIVATE LIMITED	Whole-time director	05/04/2007	05/04/2007	-	Active	NO
15	U36911KL2008PTC022587	MBMG DIAMONDS PRIVATE LIMITED	Nominee director	02/09/2008	11/06/2008	-	Active	NO
16	U70102MH1993PTC071937	SAUMIL PROPERTIES AND DEVELOPERS PVT.LTD.	Director	29/09/2010	31/08/2009	-	Amalgamated	NO
17	U36912MH1987PTC044898	PARMES DIAMONDS EXPORTS PRIVATE LIMITED	Director	29/09/2010	31/08/2009	05/03/2012	Active	NO
18	U99100MH1966GAP013486	THE GEM AND JEWELLERY EXPORT PROMOTION COUNCIL	Director	27/09/2012	27/09/2012	-	Active	NO
19	AAA-0426	ACCENDO ENTERPRISE LLP	Designated Partner	27/11/2009	27/11/2009	-	Active	NO
20	AAA-0578	SMARAN ENTERPRISE LLP	Designated Partner	07/01/2010	07/01/2010	-	Active	NO
21	AAA-0876	UNI-DESIGN JEWELLERY HOLDINGS LLP	Body corporate as Designated Partner	12/03/2010	12/03/2010	-	Active	NO
22	AAA-1059	SMARAN RETAIL LLP	Body corporate as Designated Partner	01/04/2010	01/04/2010	-	Active	NO
23	AAA-2802	MBD TRADING LLP	Body corporate as Designated Partner	15/11/2010	15/11/2010	-	Active	NO

Name :

Mrs. Shalin Shailesh Shah

Designation :

Nominee director

Address :

Sudha Co-operative Hsg. Society Limited. Patel Compund, 20, Nepeansea Road, Mumbai – 400036, Maharashtra, India

Date of Birth/Age :

13.10.2080

Date of Appointment :

02.09.2008

DIN No.:

02469927

KEY EXECUTIVES

Name :	Mr. Vipin Raj
Designation :	Finance Head

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 27.09.2014

Names of Shareholders	No. of Shares	Percentage of Holding
MG Precious Stone Trading Ventures Private Limited, Kerala	931000	49.00
Smaran Retail L.L.P., India	969000	51.00
Total	1900000	100.00

AS ON 27.09.2014

Equity Share Break up (Percentage of Total Equity)

Category	Percentage of Holding
Bodies corporate	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Trader and Dealer of Diamonds and Diamond Studded Ornaments.
Products :	Not Available
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :
Products :	Finished Goods
Countries :	Dubai
Imports :
Products :	Diamond
Countries :	Hong Kong
Terms :
Selling :	Cash and Credit
Purchasing :	Cash and Credit

GENERAL INFORMATION

Suppliers :

Reference :	Uni Design Jewellery India Private Limited
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Experience :	Not Divulged
Maximum Limit Dealt :	Not Divulged

Customers :

Reference :	Malabar Gold Palas Private Limited, Kerala
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 :

• Yes Bank Limited, 9th Floor, Nehru Centre, Discovery Of India, Dr. Annie Besant Road, Worli,, Mumbai - 400018, Maharashtra, India

• The Royal Bank of Scotland N.V. 4, North Avenue, Level 3, Maker Maxity, Bandra Kurla Complex, Bandra East, Mumbai - 400051, Maharashtra, India

• Indusind Bank Limited, Indusind House, 425, D. B. Marg, Opera House,, Mumbai - 400004, Maharashtra, INDIA

Facilities :

SECURED LOANS	31.03.2013 (Rs. in Million)	31.03.2012 (Rs. in Million)
SHORT TERM BORROWINGS
Ruptee term loan from banks	401.044	201.904
Total	401.044	201.904

Auditors :
Name :	R.G.N. Price and Company Chartered Accountants
Address :	Flat No. C-2, First Floor, Poyilakada Flats, Behind District Eye Hos, P I Tal, Vadakkumbhagom, Kollam 691001, India
PAN No.:	AAAFR0651G
Memberships :	Not Available
Collaborators :	Not Available
Associate : (AS ON 31.03.2012)	AL Ahali Business Trade Links Private Limited Blossom Gold Collections Private Limited Eminent Jewel Arcade Private Limited Gehana Gold Palace Private Limited I.M.C. Advertising Private Limited Malabar Business Centre Private Limited Malabar Cochin Arcade Private Limited Malabar Collections Private Limited Malabar Creations Private Limited Malabar Crystals and Diamonds Private Limited Malabar Dazzle India Private Limited Malabar Diamond Gallery Private Limited Malabar Equipments and General Traders Private Limited Malabar Gold Jewels (Tirur) Private Limited Malabar Gold Ornaments Makers Private Limited Malabar Gold Palace Private Limited Malabar Gold Private Limited Malabar Gold Super Market (Kannur) Private Limited Malabar International Gold Designs Private Limited Malabar Jewels and Gems Private Limited Malabar Jewels Fort Private Limited Malabar Kodungallur Sona Bazar Private Limited Malabar Mangalore Arcade Private Limited Malabar Ornaments Private Limited Malabar Precious Jewels (India) Private Limited Malabar Retna Mahal Private Limited Malabar Royal Designs (Hyderabad) Private Limited Malabar Ruby Private Limited Northern Gold Collections Limited Liability Partnership Patina Gold Ornaments Private Limited Palatial Gold Ornaments Private Limited Luster Gold Palace (India) Private Limited Swarna Kamal Jewels (India) Private Limited Travancore Gold India Private Limited Aesthetic Gold Ornaments Private Limited Prominent Jewel Arcade Private Limited Splendour Gold Collections L.L.P. MG Precious Stone Trading Ventures Private Limited

CAPITAL STRUCTURE

AS ON 27.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
2000000	Equity Shares	Rs. 10/- each	Rs. 20.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
1900000	Equity Shares	Rs. 10/- each	Rs. 19.000 Million

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013	31.03.2012	31.03.2011
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	19.000	19.000	19.000
(b) Reserves & Surplus	298.279	171.909	72.174
(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)	317.279	190.909	91.174
(3) Non-Current Liabilities
(a) long-term borrowings	291.290	291.290	171.000
(b) Deferred tax liabilities (Net)	0.000	0.147	0.045
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	1.013	0.332	0.166
Total Non-current Liabilities (3)	292.303	291.769	171.211
(4) Current Liabilities
(a) Short term borrowings	401.044	201.904	0.000
(b) Trade payables	1266.143	601.414	247.811
(c) Other current liabilities	51.405	41.998	7.661
(d) Short-term provisions	86.540	64.352	35.135
Total Current Liabilities (4)	1805.132	909.668	290.607
TOTAL	2414.714	1392.346	552.992
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	8.864	9.071	2.253
(ii) Intangible Assets	1.323	1.520	0.856
(iii) Capital work-in-progress	0.237	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)	0.303	0.000	0.000
(d) Long-term Loan and Advances	3.872	2.468	0.733
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	14.599	13.059	3.842
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	1742.230	1136.876	392.115
(c) Trade receivables	508.982	175.350	126.262
(d) Cash and cash equivalents	90.130	8.080	7.641
(e) Short-term loans and advances	57.855	58.507	23.073
(f) Other current assets	0.918	0.474	0.059
Total Current Assets	2400.115	1379.287	549.150
TOTAL	2414.714	1392.346	552.992

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	3242.907	1728.000	962.032
		Other Income	0.000	0.000	0.000
		TOTAL	3242.907	1728.000	962.032
Less	EXPENSES
		TOTAL	NA	NA	889.439
	PROFIT/ (LOSS) BEFORE TAX		188.522	148.320	72.597
Less	TAX		62.151	48.586	24.434
	PROFIT/ (LOSS) AFTER TAX		126.371	99.734	48.163
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	90.215	NA	NA
	TOTAL EARNINGS		90.215	NA	NA
	IMPORTS
		Raw Materials	25.185	NA	NA
	TOTAL IMPORTS		25.185	NA	NA
	Earnings / (Loss) Per Share (Rs.)		66.51	52.49	25.35

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
Net Profit Margin PAT / Sales	(%)	3.90	5.77	5.01
Return on Total Assets (PBT/Total Assets}	(%)	7.81	10.65	13.13
Return on Investment (ROI) (PBT/Networth)		0.59	0.78	0.80
Debt Equity Ratio (Total Debts/Networth)		2.18	2.58	1.88
Current Ratio (Current Asset/Current Liability)		1.33	1.52	1.89

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Share Capital	19.000	19.000	19.000
Reserves & Surplus	72.174	171.909	298.279
Net worth	91.174	190.909	317.279
long-term borrowings	171.000	291.290	291.290
Short term borrowings	0.000	201.904	401.044
Total borrowings	171.000	493.194	692.334
Debt/Equity ratio	1.876	2.583	2.182

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	962.032	1728.000	3242.907
		79.620	87.668

NET PROFIT MARGIN

Net Profit Margin	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	962.032	1728.000	3242.907
Profit	48.163	99.734	126.371
	5.01%	5.77%	3.90%

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check List by Info Agents	Available in Report (Yes / No)
1]	Year of Establishment	Yes
2]	Locality of the firm	Yes
3]	Constitutions of the firm	Yes
4]	Premises details	No
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	Yes
8]	No. of employees	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	No
15]	Capital in the business	Yes
16]	Details of sister concerns	Yes
17]	Major suppliers	Yes
18]	Major customers	Yes
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	No
30]	Major Shareholders, if available	Yes
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	No
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	Yes

DIAMOND INDUSTRY – INDIA

- From time immemorial, India is well known in the world as the birthplace for diamonds.  It is difficult to trace the origin of diamonds but history says that in the remote past, diamonds were mined only in India. Diamond production in India can be traced back to almost 8^th Century B.C.  India, in fact, remained undisputed leader till 18^th Century when Brazilian fields were discovered in 1725 followed by emergence of S. Africa, Russia and Australia.

- The achievement of the Indian diamond industry was possible only due to combination of the manufacturing skills of the Indian workforce and the untiring and unflagging efforts of the Indian diamantaires, supported by progressive Government policies.

- The area of study of family owned diamond businesses derives its importance from the huge conglomerate of family run organizations which operate in the diamond industry since many generations.

- Some of the basic traits of family run business enterprises include spirit of entrepreneurship, mutual trust lowers transaction costs, small, nimble and quick to react, information as a source of advantage and philanthropy.

- Family owned diamond businesses need to improve on many fronts including higher standard of corporate governance, long-term performance – focused strategies, modern management and technology.

- Utmost caution is to be exercised while dealing with some medium and large diamond traders which are usually engaged in fictitious import – export, inter-company transactions, financially assisted by banks. In the process, several public sector banks lost several hundred million rupees. They mostly diverted borrowed money for diamond business into real estate and capital markets.

- Excerpts from Times of India dated 30^th October 2010 is as under –

- Gem & Jewellery Export Promotion Council in its statistical data has shown the export of polished diamonds to have increase by 28 % in February 2013. Compared to $ 1.4 bn worth of polished diamond export in February, 2012, India exported $ 1.84 billion worth of polished diamonds in February 2013. A senior executive of GJEPC said, “Export of cut and polished diamonds started falling month-wise after the imposition of 2 % of import duty on the polished diamonds. But February, 2013 has given a new ray of hope to the industry as the export of polished diamonds has actually increased by 28 %. It means the industry  is on the track of recovery and round tripping of diamonds has stopped completely.” Demand has started coming from the US, the UK, Japan and China. India’s polished diamond export is expected to cross $ 21 bn in 2013-14.

- The banking sector has started exercising restraint while following prudent risk management norms when lending money to gems and jewellery sector. This follows the implementation of Basel III accord – a global voluntary regulatory standard on bank capital adequacy, stress testing and market liquidity.

INDEX OF CHARGES

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10438803	12/07/2013	400,000,000.00	YES BANK LIMITED	9TH FLOOR, NEHRU CENTRE, DISCOVERY OF INDIA, DR.  ANNIE BESANT ROAD, WORLI, MUMBAI, Maharashtra - 400018, INDIA	B80381593
2	10423646	13/03/2013	400,000,000.00	INDUSIND BANK LTD.	Indusind House, 425, D. B. Marg,, Opera House, Mumbai, Maharashtra - 400004, INDIA	B74401944

UNSECURED LOANS

PARTICULAR	31.03.2013 (Rs. in Million)	31.03.2012 (Rs. in Million)
LONG TERM BORROWINGS
Loans and advances from others	291.290	291.290
Total	291.290	291.290

FIXED ASSETS

• Plant and Equipments
• Furniture and Fixture
• Vehicles
• Office Equipments

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 records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

6] Records on Int’l Anti-Money Laundering Laws/Standards :

Charges or investigation registered against subject: None

7] Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

8] Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

9] Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

CONTRAVENTION

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs. 62.42
UK Pound	1	Rs. 92.99
Euro	1	Rs. 67.27

INFORMATION DETAILS

Information Gathered by :	DIP
Analysis Done by :	RAS
Report Prepared by :	JYO

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	6
--PROFITABILITY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	6
--CREDIT LINES	1~10	6
--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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		50

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.