MIRA INFORM REPORT

Report No. :	322536.2
Report Date :	21.05.2015

IDENTIFICATION DETAILS

Name :	VIDEOCON TELECOMMUNICATIONS LIMITED (w.e.f. 29.12.2009)

Formerly Known As :	DATACOM SOLUTIONS LIMITED (w.e.f. 12.11.2009) DATACOM SOLUTIONS PRIVATE LIMITED

Registered Office :	171-C, 17^th Floor, Mittal Court, C Wing, Nariman Point, Mumbai – 400021, Maharashtra
Tel. No.:	91-2428863399

Country :	India

Financials (as on) :	31.03.2013

Date of Incorporation :	07.06.2007

Com. Reg. No.:	11-204763

Capital Investment / Paid-up Capital :	Rs. 51750.000 Million

CIN No.: [Company Identification No.]	U72900MH2007PLC204763

TAN No.: [Tax Deduction & Collection Account No.]	Not Available

PAN No.: [Permanent Account No.]	AACCD6756F

Legal Form :	A Closely Held Public Limited Liability Company

Line of Business :	Providing Telecommunication Services

No. of Employees :	Not Divulged

RATING & COMMENTS

MIRA’s Rating :

Ca (13)

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Moderate

Payment Behaviour :	Slow

Litigation :	Clear

Comments :	Subject is a subsidiary of Videocon Industries Limited. It is an established company having moderate track record. Management has filed “Form 20 B” depicting annual return for FY14, whereas failed to file the financials for the same, with the statutory authorities. As per available, the company possesses a weak financial profile marked by consecutive losses recorded in the books resulting in accumulation of losses during 2013. Further, there seems to be huge external borrowing as well as unfavorable position between trade receivables and payables which affects the liquidity position. The ratings also take into consideration, the infusion of funds as capital from the promoters which has supported the networth of the company. Business is active. Payment terms are reported as slow. In view of experienced promoters and reputed brand, the subject can be considered for business dealings on a safe and secured trade terms and conditions.

NOTES :

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

ECGC Country Risk Classification List – March 31, 2015

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

India

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	Bank Facilities “D”
Rating Explanation	Default or expected to be in default soon
Date	09.12.2014

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 DENIED BY

Name :	Mr. Yudhvir Singh
Designation :	Senior Manager
Contact No.:	91-9068056789
Date :	14.05.2015

LOCATIONS

Registered Office :	171-C, 17^th Floor, Mittal Court, C Wing, Nariman Point, Mumbai – 400021, Maharashtra, India
Tel. No.:	91-22-22886399/ 42555000
Mobile No.:	91-9068056789 (Mr. Yudhvir Singh)
Fax No.:	91-91-2428867797
Website :	corp.secretarial@videocon.com canagarkar@gmail.com

Corporate Office :	296, Udyog Vihar, Phase II, Gurgaon – 122016, Haryana, India

Head Office :	1^st Floor, Shiv Ashish Building, Andheri Kurla Road, Andheri East, Near Vijay Ngar Bus Stop, Sakinaka, Mumbai – 400072, Maharashtra, India

DIRECTORS

As on : 26.09.2014

Name :

Mr. Pradipkumar Nandlal Dhoot

Designation :

Director

Address :

Flat No. 99, Videocon House, 1st Floor, Manav Mandir Road, Napeansea Road, Mumbai – 400006, Maharashtra, India

Date of Birth/Age :

22.03.1960

Date of Appointment :

06.12.2008

DIN No.:

01635315

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	U99999MH1982PTC028960	DHANAPUR INVESTMENTS PRIVATE LIMITED	Director	10/03/1984	10/03/1984	-	Active	NO
2	L99999MH1989PLC052233	TREND ELECTRONICS LIMITED	Director	16/06/1989	16/06/1989	06/01/2012	Active	NO
3	L99999MH1986PLC103624	VIDEOCON INDUSTRIES LIMITED	Whole-time director	20/11/2010	16/02/1991	14/08/2012	Active	NO
4	U72102MH1994PTC168498	BALI PROPERTIESANDINVESTMENTS PRIVATE LIMITED	Director	08/03/1994	08/03/1994	01/10/2008	Active	NO
5	U29191MH1994PLC131185	INDIAN REFRIGERATOR COMPANY LIMITED	Director	18/04/1994	18/04/1994	12/05/2007	Active	NO
6	U40100MH1994PLC128291	VIDEOCON POWER LIMITED	Director	17/10/1994	17/10/1994	12/05/2007	Active	NO
7	U67120MH1995PLC133952	VIDEOCON VCR SECURITIES LIMITED	Director	14/02/1995	14/02/1995	12/05/2007	Strike off	NO
8	L99999MH1988PLC046445	VALUE INDUSTRIES LIMITED	Director	22/08/1996	22/08/1996	27/01/2012	Active	NO
9	U85110MH1991PLC060680	MARATHWADA MEDICAL RESEARCH AND RURAL DEVELOPMENT INSTITUTION	Director	27/09/1996	27/09/1996	30/09/2011	Active	NO
10	U29302PN1996PLC104800	APPLICOMP (INDIA) LIMITED	Director	31/12/1996	31/12/1996	05/01/2012	Active	NO
11	U29305DL1999PLC100556	AKAI CONSUMER ELECTRONICS INDIA LIMITED	Director	06/07/1999	06/07/1999	12/05/2007	Active	NO
12	U51395MH1996PTC197988	DISPLAY DEVICES PRIVATE LIMITED	Director	29/04/2001	29/04/2001	-	Active	NO
13	U65990MH1990PLC058171	VIDECON INDUSTRIAL FINANCE LIMITED	Director	18/06/2001	18/06/2001	27/02/2007	Amalgamated	NO
14	U29300MH2001PTC139623	KENTOSH ELECTRONICS INDIA PRIVATE LIMITED	Director	22/09/2001	22/09/2001	01/10/2009	Amalgamated	NO
15	U29308PN1999PLC014301	MILLENNIUM APPLIANCES INDIA LIMITED	Director	10/12/2001	10/12/2001	01/12/2009	Active	NO
16	U70109MH1995PTC167832	AHMEDNAGAR ELECTRONICS PRIVATE LIMITED	Director	01/10/2003	01/10/2003	01/10/2009	Active	NO
17	U17114GA1994PTC001691	CONIFER TEXTILES PRIVATE LIMITED	Director	01/11/2003	01/11/2003	29/12/2014	Active	NO
18	U01111GA1994PTC001725	SYCAMORE GROWMORE PRIVATE LIMITED	Director	01/11/2003	01/11/2003	27/12/2010	Active	NO
19	U93000MH2003PLC143371	Techno Kart India Limited	Director	05/12/2003	05/12/2003	02/02/2012	Active	NO
20	U99999MH1994PTC133601	POPUP PROPERTIES AND INVESTMENTS PRIVATE LIMITED	Director	31/10/2004	31/10/2004	30/04/2008	Amalgamated	NO
21	U11204MH2004PLC147217	SKY APPLIANCES LIMITED	Director	17/01/2005	17/01/2005	25/02/2008	Active	NO
22	U70200MH1995PTC167706	JULIETTA PROPERTIESANDFINVEST PRIVATE LIMITED	Director	31/01/2005	31/01/2005	-	Amalgamated	NO
23	U32109MH1979PTC021997	PLATINUM APPLIANCES PRIVATE LIMITED	Director	28/09/2005	31/01/2005	30/06/2011	Active	NO
24	U32204MH1979PTC021984	GREENFIELD APPLIANCES PRIVATE LIMITED	Director	27/09/2005	31/01/2005	30/06/2011	Active	NO
25	U63033MH2006PTC160510	INTERNATIONAL AIRCHARTER OPERATIONS INDIA PRIVATE LIMITED	Director	14/03/2006	14/03/2006	16/04/2015	Active	NO
26	U45201MH2006PTC166382	VIDEOCON SEZ INFRASTRUCTURES Private LIMITED	Director	21/12/2006	21/12/2006	25/02/2008	Active	NO
27	U45200MH2007PTC166977	VIDEOCON REALTY Private LIMITED	Director	12/01/2007	12/01/2007	20/03/2008	Active	NO
28	U45102MH1994PLC133954	Videocon Realty and Infrastructures Limited cn	Director	02/03/2007	02/03/2007	-	Active	NO
29	U31908MH2007PLC171109	CE INDIA LIMITED	Director	23/05/2007	23/05/2007	-	Active	NO
30	U11204MH2007PLC171196	TECHNO ELECTRONICS LIMITED	Director	29/05/2007	29/05/2007	05/01/2012	Active	NO
31	U72200MH2007PLC173052	INFODART TECHNOLOGIES INDIA LIMITED	Director	13/08/2007	13/08/2007	-	Active	NO
32	U32100MH2003PLC142232	VIDEOCON INTERNATIONAL ELECTRONICS LIMITED	Director	31/03/2008	11/12/2007	01/02/2012	Active	NO
33	U72900MH2007PLC204763	VIDEOCON TELECOMMUNICATIONS LIMITED	Director	06/12/2008	12/12/2007	-	Active	NO
34	U31109MH2008PLC177199	SIRIUS SEMICONDUCTOR LIMITED	Director	01/01/2008	01/01/2008	30/06/2009	Active	NO
35	U51109MH2008PLC177746	VIRTUAL ELECTRONICS LIMITED	Director	11/01/2008	11/01/2008	28/02/2008	Active	NO
36	U45202MH2008PLC177912	QUALCON INFRA LIMITED	Director	18/01/2008	18/01/2008	25/02/2008	Amalgamated	NO
37	U11100MH2008PLC179061	UNITED PETRO GAS LIMITED	Director	19/02/2008	19/02/2008	01/03/2008	Strike off	NO
38	U51109MH2008PLC180993	Instant Retail India Limited	Director	09/04/2008	09/04/2008	01/10/2009	Active	NO
39	U64200DL2008PTC177034	UNIVERSAL MOBILE TOWERS PRIVATE LIMITED	Director	22/04/2008	22/04/2008	-	Active	NO
40	U55101MH2008PTC183041	H1 HOSPITALITY PRIVATE LIMITED	Director	02/06/2008	02/06/2008	01/10/2009	Active	NO
41	U55101MH2008PTC183042	HUBLI HOSPITALITY PRIVATE LIMITED	Director	02/06/2008	02/06/2008	01/10/2009	Active	NO
42	U55101MH2008PTC183043	JALGAON HOSPITALITY PRIVATE LIMITED	Director	02/06/2008	02/06/2008	01/10/2009	Active	NO
43	U55101MH2008PTC183055	NANDED HOSPITALITY PRIVATE LIMITED	Director	02/06/2008	02/06/2008	01/10/2009	Strike off	NO
44	U55101MH2008PTC183057	KOLHAPUR HOSPITALITY PRIVATE LIMITED	Director	02/06/2008	02/06/2008	01/10/2009	Strike off	NO
45	U72300MH2008PTC187046	LOYALTY MANAGEMENT INSIGHTS NETWORK & EXCHANGE PRIVATE LIMITED	Director	24/09/2008	24/09/2008	29/12/2014	Active	NO
46	U64200MH2008PTC188484	Fortune Telecom Holdings Private Limited	Director	26/11/2008	26/11/2008	22/12/2009	Active	NO
47	U64201PB2008PTC031630	DATACOM TELECOMMUNICATIONS Private LIMITED	Director	31/12/2009	18/03/2009	-	Active	NO
48	U32109MH2009PTC191649	QUADRANT ENTERPRISES PRIVATE LIMITED	Director	30/09/2010	01/09/2009	-	Active	NO
49	U51109MH2008PLC188547	UNITY APPLIANCES LIMITED	Director	29/09/2010	05/09/2009	-	Active	NO
50	U40105MH2010PLC198384	VIDEOCON POWER VENTURES LIMITED	Director	04/01/2010	04/01/2010	02/09/2010	Strike off	NO
51	U63090MH2010PLC202993	VELOLOGIS-NET INDIA LIMITED	Director	11/05/2010	11/05/2010	14/09/2013	Strike off	NO
52	U32103MH2010PLC206662	Maharashtra Semiconductor & Displays Limited	Director	16/08/2010	16/08/2010	-	Active

Name :

Mr. Subhash Shamsunder Dayama

Designation :

Director

Address :

Flat NO. PL 16B, Vasant Tara Colony, Near Matoshri Jogging Park, Ahmednagar – 414001, Maharashtra, India

Date of Birth/Age :

05.05.1961

Date of Appointment :

06.12.2008

DIN No.:

00217692

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	U29308GJ1984PTC007531	TRESSA ELECTRONICS PVT LTD	Director	20/07/2001	20/07/2001	-	Active	NO
2	U29190MH1996PTC098120	VOYAGE ENGINEERING (INDIA) PRIVATE LIMITED	Director	22/09/2001	22/09/2001	-	Amalgamated	NO
3	U29190MH1996PTC098119	SPRINGSTEEN ENGINEERING (INDIA) PRIVATE LIMITED	Director	22/09/2001	22/09/2001	-	Amalgamated	NO
4	U31909PN1987PTC043206	ELECTROPARTS (INDIA) PRIVATE LIMITED	Director	03/11/2001	03/11/2001	23/06/2014	Active	NO
5	U99999MH1994PLC133953	MICRO HOUSING FINANCE LIMITED	Director	03/11/2001	03/11/2001	10/12/2010	Active	NO
6	U45102MH1994PLC133954	Videocon Realty and Infrastructures Limited cn	Director	03/11/2001	03/11/2001	14/09/2012	Active	NO
7	U51909MH1979PLC021974	SHREE DHOOT TRADING AND AGENCIES LTD	Director	30/09/2002	30/09/2002	14/09/2012	Active	NO
8	U70200MH1995PTC167823	ARTHAMANATHAN PROPERTIES AND FINVEST PRIVATE LIMITED	Director	31/01/2005	31/01/2005	-	Amalgamated	NO
9	U00082MH1994PTC167836	ADLER PROPERTIES AND INVESTMENTS PRIVATE LIMITED	Director	31/01/2005	31/01/2005	-	Amalgamated	NO
10	U32109MH1993PTC256980	TAPTI APPLIANCES PRIVATE LIMITED	Director	31/01/2005	31/01/2005	-	Active	NO
11	U70109MH1994PTC167822	TROON PROPERTIES AND INVESTMENTS PRIVATE LIMITED	Director	31/01/2005	31/01/2005	-	Amalgamated	NO
12	U32204MH1979PTC021988	SYNERGY APPLIANCES PRIVATE LIMITED	Director	31/01/2005	31/01/2005	15/02/2014	Active	NO
13	U51900MH1988PTC047304	FORCE APPLIANCES PRIVATE LIMITED	Director	01/02/2005	01/02/2005	-	Active	NO
14	L99999MH1988PLC046445	VALUE INDUSTRIES LIMITED	Director	30/06/2014	08/12/2005	-	Active	NO
15	U29300MH2004PLC148746	PACIFIC APPLIANCES MANUFACTURING & TRADING LIMITED	Director	29/09/2007	12/05/2007	-	Amalgamated	NO
16	U45201MH2007PTC166699	TITAN REALTY PRIVATE LIMITED	Director	02/07/2008	12/05/2007	23/06/2014	Active	NO
17	U40100MH1994PLC128291	VIDEOCON POWER LIMITED	Director	28/09/2007	12/05/2007	31/03/2015	Active	NO
18	U45201MH2006PTC166383	VERONICA PROPERTIES PRIVATE LIMITED	Director	17/06/2008	12/05/2007	25/06/2014	Active	NO
19	U45200MH2007PTC166977	VIDEOCON REALTY Private LIMITED	Director	19/05/2008	20/03/2008	-	Active	NO
20	U72900MH2007PLC204763	VIDEOCON TELECOMMUNICATIONS LIMITED	Director	06/12/2008	10/06/2008	-	Active	NO
21	U45201MH2006PTC166384	Vibgyor Sez Infrastructures (Pune) Private Limited	Director	24/04/2009	21/06/2008	25/06/2014	Active	NO
22	U67120MH1995PLC133952	VIDEOCON VCR SECURITIES LIMITED	Director	30/03/2009	29/09/2008	08/01/2010	Strike off	NO
23	U72200MH2008PLC187148	VITAL INFOSYSTEMS LIMITED	Additional director	30/09/2008	30/09/2008	10/12/2010	Active	NO
24	U29191MH1994PLC131185	INDIAN REFRIGERATOR COMPANY LIMITED	Director	30/03/2009	16/02/2009	01/08/2010	Active	NO
25	L99999MH1989PLC052233	TREND ELECTRONICS LIMITED	Director	30/03/2009	30/03/2009	06/01/2012	Active	NO
26	U74990MH2009PLC192124	UNIVERSAL DIGITAL CONNECT LIMITED	Director	29/04/2009	29/04/2009	-	Active	NO
27	U72900MH2009PLC192171	Planet 'M' Online Limited	Director	04/05/2009	04/05/2009	20/05/2011	Strike off	NO
28	U93000DL2007PTC166247	JUMBO TECHNO SERVICES PRIVATE LIMITED	Director	30/09/2010	18/09/2009	-	Active	NO
29	U74900DL2007PTC166266	SENIOR CONSULTING PRIVATE LIMITED	Director	30/09/2010	18/09/2009	-	Active	NO
30	U32109MH2010PLC198794	PE ELECTRONICS LIMITED	Director	12/01/2010	12/01/2010	03/01/2012	Active	NO
31	U40103MH2010PLC198876	VIDEOCON ENERGY LIMITED	Director	13/01/2010	13/01/2010	-	Active	NO
32	U11102MH2010PLC199078	VIDEOCON OIL VENTURES LIMITED	Director	19/01/2010	19/01/2010	03/01/2012	Active	NO
33	U45200PN2007PTC130910	PRANAV SECURITIES AND PROPERTIES PRIVATE LIMITED	Director	29/09/2010	01/07/2010	-	Active	NO
34	U32103MH2010PLC206662	Maharashtra Semiconductor & Displays Limited	Director	16/08/2010	16/08/2010	-	Active	NO
35	U65992PN1982PTC028301	DOME-BELL ELECTRONICS INDIA PRIVATE LIMITED	Director	27/09/2011	15/12/2010	-	Active	NO
36	U32109MH1979PTC021997	PLATINUM APPLIANCES PRIVATE LIMITED	Director	27/09/2011	15/12/2010	-	Active	NO
37	U99999MH1947PLC005708	EVANS FRASER AND CO. (INDIA) LIMITED	Additional director	23/05/2011	23/05/2011	05/01/2012	Active	NO
38	U40300MH2011PTC222654	ASPIRE ENERGY PRIVATE LIMITED	Director	03/10/2011	03/10/2011	-	Strike off	NO
39	U32204MH1979PTC021985	SOLITAIRE APPLIANCES PRIVATE LIMITED	Director	28/03/2012	01/11/2011	28/11/2014	Active	NO
40	U74210MH1987PLC043731	CENTURY APPLIANCES LIMITED	Additional director	05/11/2011	05/11/2011	05/01/2012	Active	NO
41	U70102MH2010PTC206972	SENATOR PROPERTIES PRIVATE LIMITED	Director	26/09/2012	01/03/2012	-	Active	NO
42	U64200MH2008PTC188484	Fortune Telecom Holdings Private Limited	Director	30/09/2013	27/08/2013	-	Active	NO
43	U64201PB2008PTC031630	DATACOM TELECOMMUNICATIONS Private LIMITED	Additional director	18/02/2014	18/02/2014	-	Active	NO
44	U40102MH2007PTC171813	PIPAVAV ENERGY PRIVATE LIMITED	Additional director	25/03/2014	25/03/2014	-	Active	NO
45	U40300MH2010PTC201493	CHHATTISGARH POWER VENTURES PRIVATE LIMITED	Director	30/09/2014	25/03/2014	11/02/2015	Active	NO
46	U99999MH1996PLC128289	VIDEOCON ENERGY HOLDINGS LIMITED	Director	27/09/2014	25/03/2014	31/03/2015	Active	NO

Name :

Mr. Venugopal Nandlal Dhoot

Designation :

Additional Director

Address :

90 Napean Sea Road, Manav Mandir, Mumbai – 400006, Maharashtra, India

Date of Birth/Age :

30.09.1951

Date of Appointment :

18.02.2014

DIN No.:

00092450

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	U51909MH1979PLC021974	SHREE DHOOT TRADING AND AGENCIES LTD	Director	10/12/1979	10/12/1979	01/10/2009	Active	NO
2	U74120MH1981PTC025424	TekCare India Private Limited	Director	13/10/1981	13/10/1981	22/02/2012	Active	NO
3	U55200MH1982PTC026281	RUPAM HOTELS PRIVATE LIMITED	Director	01/08/2005	08/08/1982	25/07/2006	Active	NO
4	U99999MH1982PTC028960	DHANAPUR INVESTMENTS PVT LTD	Director	10/03/1984	10/03/1984	28/11/2007	Active	NO
5	U29308GJ1984PTC007531	TRESSA ELECTRONICS PVT LTD	Director	01/10/1985	01/10/1985	03/12/2007	Active	NO
6	U65990MH1990PLC058171	VIDECON INDUSTRIAL FINANCE LIMITED	Director	14/09/1990	14/09/1990	27/02/2007	Amalgamated	NO
7	U51900MH1988PTC047304	FORCE APPLIANCES PRIVATE LIMITED	Director	24/09/1993	24/09/1993	01/12/2007	Active	NO
8	U33201MH1981PTC187884	CARL JAY OPTIC PRIVATE LIMITED	Director	28/04/1994	28/04/1994	25/03/2010	Strike off	NO
9	U99999MH1994PTC133601	POPUP PROPERTIES AND INVESTMENTS PRIVATE LIMITED	Director	26/08/1994	26/08/1994	31/12/2007	Amalgamated	NO
10	U70109MH1994PTC167822	TROON PROPERTIES AND INVESTMENTS PRIVATE LIMITED	Director	26/08/1994	26/08/1994	26/02/2008	Amalgamated	NO
11	U40100MH1994PLC128291	VIDEOCON POWER LIMITED	Director	17/10/1994	17/10/1994	01/10/2006	Active	NO
12	L99999MH1989PLC052233	TREND ELECTRONICS LIMITED	Director	14/02/1995	14/02/1995	30/03/2010	Active	NO
13	U85110MH1991PLC060680	MARATHWADA MEDICAL RESEARCH AND RURAL DEVELOPMENT INSTITUTION	Director	27/09/1996	27/09/1996	04/10/2011	Active	NO
14	U70101MH1960PTC011793	VISSANJI ESTATES PRIVATE LIMITED	Director	18/11/1996	18/11/1996	20/11/2007	Active	NO
15	U67120MH1981PTC023663	NIPPON INVESTMENT AND FINANCE COMPANY PRIVATE LIMITED	Director	20/09/1998	20/09/1998	-	Active	NO
16	U52332KA1995PLC018614	KITCHEN APPLIANCES INDIA LIMITED	Director	30/12/1998	30/12/1998	-	Not Available for eFiling	NO
17	U99999MH1995PLC131152	KAIL LIMITED	Director	30/12/1998	30/12/1998	05/01/2012	Active	NO
18	L99999MH1988PLC046445	VALUE INDUSTRIES LIMITED	Director	30/12/1998	30/12/1998	01/02/2012	Active	NO
19	U74210MH1987PLC043731	CENTURY APPLIANCES LIMITED	Director	20/07/2001	20/07/2001	27/02/2008	Active	NO
20	U32100MH2002PTC137146	GRUHAUPYOGI ELECTRONICS APPLIANCES PRIVATE LIMITED	Director	05/10/2003	05/10/2003	29/09/2007	Amalgamated	NO
21	U45102MH1994PLC133954	Videocon Realty and Infrastructures Limited cn	Director	18/10/2003	18/10/2003	14/09/2012	Active	NO
22	U65992PN1982PTC028301	DOME-BELL ELECTRONICS INDIA PRIVATE LIMITED	Director	29/09/2008	24/01/2004	18/05/2014	Active	NO
23	U31900MH2002PTC136620	TANGENT ELECTRONICS PRIVATE LIMITED	Director	03/07/2004	03/07/2004	29/09/2007	Active	NO
24	U32109PN2002PTC017110	MAYUR HOUSEHOLD ELECTRONICS APPLIANCES PRIVATE LIMITED	Director	25/03/2005	03/07/2004	01/10/2009	Amalgamated	NO
25	U70101MH1994PTC079017	WONDERLAND ESTATE DEVELOPERS P LTD	Director	20/07/2004	20/07/2004	-	Amalgamated	NO
26	U32204MH1979PTC021985	SOLITAIRE APPLIANCES PRIVATE LIMITED	Director	30/09/2005	31/01/2005	14/09/2012	Active	NO
27	U32109PN2002PTC017127	GODAVARI CONSUMER ELECTRONICS APPLIANCES PRIVATE LIMITED	Director	24/03/2006	19/05/2005	30/03/2009	Amalgamated	NO
28	L99999MH1986PLC103624	VIDEOCON INDUSTRIES LIMITED	Managing director	01/09/2010	01/06/2005	-	Active	NO
29	U32100MH2004PLC146041	UTTARANCHAL APPLIANCES LIMITED	Director	29/09/2006	15/10/2005	30/03/2009	Active	NO
30	U91990DL1920PLC008223	THE ASSOCIATED CHAMBERS OF COMMERCE AND INDUSTRY OF INDIA	Director	21/10/2005	21/10/2005	11/12/2010	Active	NO
31	L74899DL1981PLC011274	BHARAT HOTELS LIMITED	Director	25/08/2006	07/03/2006	26/08/2009	Active	NO
32	U74900MH2006PTC162926	VC DIGITAL SOLUTIONS PRIVATE LIMITED	Director	29/06/2006	29/06/2006	01/10/2009	Active	NO
33	U93000MH2003PLC143371	Techno Kart India Limited	Director	20/12/2006	20/12/2006	06/01/2012	Active	NO
34	U32109PN2002PTC017096	SHYADHRI CONSUMER ELECTRONICS (INDIA) PRIVATE LIMITED	Director	26/12/2006	26/12/2006	31/03/2010	Amalgamated	NO
35	U31908MH2007PLC171109	CE INDIA LIMITED	Director	23/05/2007	23/05/2007	12/01/2010	Active	NO
36	U40102MH2007PTC171813	PIPAVAV ENERGY PRIVATE LIMITED	Director	19/06/2007	19/06/2007	31/07/2009	Active	NO
37	U32100MH2003PLC142232	VIDEOCON INTERNATIONAL ELECTRONICS LIMITED	Director	31/03/2008	11/12/2007	04/01/2012	Active	NO
38	U72900MH2007PLC204763	VIDEOCON TELECOMMUNICATIONS LIMITED	Additional director	18/02/2014	12/12/2007	-	Active	NO
39	L40101DL1969GOI005095	RURAL ELECTRIFICATION CORPORATION LIMITED	Director	20/12/2007	20/12/2007	19/12/2010	Active	NO
40	U31109MH2008PLC177199	SIRIUS SEMICONDUCTOR LIMITED	Director	01/01/2008	01/01/2008	25/02/2008	Active	NO
41	U51109MH2008PLC177746	VIRTUAL ELECTRONICS LIMITED	Additional director	02/02/2008	02/02/2008	28/02/2008	Active	NO
42	U29299MH1979PTC021986	WALUJ COMPONENTS PRIVATE LIMITED	Director	26/09/2008	07/04/2008	25/03/2010	Active	NO
43	U64200DL2008PTC177034	UNIVERSAL MOBILE TOWERS PRIVATE LIMITED	Director	22/04/2008	22/04/2008	31/03/2010	Active	NO
44	U40108MH2008PTC182762	NORTHWEST ENERGY PRIVATE LIMITED	Director	28/05/2008	28/05/2008	01/10/2009	Active	NO
45	U45201MH2008PTC183056	North India Realty & Infrastructures Private Limited	Director	02/06/2008	02/06/2008	15/12/2009	Strike off	NO
46	U40102MH2008PTC183071	EXCEL POWER PRIVATE LIMITED	Director	02/06/2008	02/06/2008	01/10/2009	Active	NO
47	U64200PB2008PTC031992	SKYSTAR TELECOM PRIVATE LIMITED	Director	10/06/2008	10/06/2008	01/10/2009	Strike off	NO
48	U40104MH2008PTC184134	UNITY POWER PRIVATE LIMITED	Director	30/06/2008	30/06/2008	01/10/2009	Active	NO
49	U29308MH2002PTC137006	ESHWAR HOME APPLIANCES PRIVATE LIMITED	Director	27/09/2008	01/07/2008	22/02/2012	Active	NO
50	U40109MH2008PTC184279	SUPREME ENERGY PRIVATE LIMITED	Director	03/07/2008	03/07/2008	15/01/2009	Active	NO
51	U92100MH2008PTC184412	BHARAT BROADCASTING CORPORATION PRIVATE LIMITED	Director	08/07/2008	08/07/2008	22/02/2012	Under Process of Striking off	NO
52	U72200MH2008PLC187148	VITAL INFOSYSTEMS LIMITED	Director	29/09/2008	29/09/2008	30/09/2008	Active	NO
53	U64200MH2008PTC188484	Fortune Telecom Holdings Private Limited	Director	26/11/2008	26/11/2008	01/10/2009	Active	NO
54	U40108MH2008PTC189142	NuPower Renewables Private Limited	Director	24/12/2008	24/12/2008	15/01/2009	Active	NO
55	U99999MH1947PLC005708	EVANS FRASER AND CO. (INDIA) LIMITED	Additional director	10/04/2009	10/04/2009	05/01/2012	Active	NO
56	U32109MH2009PTC191649	QUADRANT ENTERPRISES PRIVATE LIMITED	Additional director	01/09/2009	01/09/2009	19/03/2010	Active	NO
57	U93000DL2007PTC166247	JUMBO TECHNO SERVICES PRIVATE LIMITED	Director	30/09/2010	18/09/2009	-	Active	NO
58	U74900DL2007PTC166266	SENIOR CONSULTING PRIVATE LIMITED	Director	30/09/2010	18/09/2009	-	Active	NO
59	U40105MH2010PLC198384	VIDEOCON POWER VENTURES LIMITED	Director	04/01/2010	04/01/2010	02/04/2013	Strike off	NO
60	U40103MH2010PLC198876	VIDEOCON ENERGY LIMITED	Director	13/01/2010	13/01/2010	-	Active	NO
61	U11102MH2010PLC199078	VIDEOCON OIL VENTURES LIMITED	Director	19/01/2010	19/01/2010	03/01/2012	Active	NO
62	U45200PN2008PTC144403	P- VISION SPORTS PRIVATE LIMITED	Additional director	27/02/2010	27/02/2010	12/04/2010	Active	NO
63	U74999MH2007PTC168002	Sadguru Multitrade Private Limited	Director	07/08/2010	07/08/2010	30/12/2014	Active	NO
64	U40102MH2010PLC207353	WEST BENGAL POWER VENTURES LIMITED	Director	01/09/2010	01/09/2010	-	Strike off	NO
65	U45201MH1971PLC015082	MODELLA TEXTILE INDUSTRIES LIMITED	Director	16/04/2013	16/04/2013	-	Active	NO
66	U11202TN2014PLC094588	HINDUSTAN OIL VENTURES LIMITED	Director	15/01/2014	15/01/2014	-	Active

KEY EXECUTIVES

Name :	Mr. Chandrashekhar Ashok Nagarkar
Designation :	Company Secretary
Address :	37/5, Omkar Apartment, Renavikar Nagar, Savedi, Ahmednagar – 414003, Maharashtra, India
Date of Birth/Age :	17.03.1976
Date of Appointment :	10.06.2008
Pan No. :	ACMPN7915R

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on : 26.09.2014

Names of Shareholders	No. of Shares
Videocon Industries Limited, India	972858548
Videocon International Electronics Limited, India	4647141412
Jumbo Techno Services Private Limited, India	680000000
Venugopal Nandlal Dhoot	10
Pradipkumar Nandlal Dhoot	10
Rajkumar Nandlal Dhoot	10
Saurabh Pradipkumar Dhoot	10
Kail Limited, India	250000000
Evans Fraser and Company (India) Limited, India	250000000
Total	6800000000

Equity Share Break up (Percentage of Total Equity)

As on : 26.09.2014

Category	Percentage
Bodies corporate	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Providing Telecommunication Services

Products :

Item Code No.	Product Description
99999999	Telecommunication Services

Brand Names :

Not Divulged

Agencies Held :

Not Divulged

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 :

Not Divulged

Bankers :

Bank Name	Not Divulged
Branch	Not Divulged
Person Name (With Designation)	Not Divulged
Contact Number	Not Divulged
Name of Account Holder	Not Divulged
Account Number	Not Divulged
Account Since (Date/Year of Account Opening)	Not Divulged
Average Balance Maintained (If Possible)	Not Divulged
Credit Facilities Enjoyed (If any)	Not Divulged
Account Operation	Not Divulged
Remarks (If any)	Not Divulged

Facilities :

(Rs. In Million)

Secured Loan	31.03.2013 (15 months)	31.12.2011 (12 Months)
Long-term borrowings
Rupee term loans from banks	33035.800	30600.000
Deferred payment for acquisition of fixed assets	7146.199	0.000
Other loans and advances	0.000	0.343
Total	40181.999	30600.343


Banking Relations :	--

Financial Institution :	SBICAP Trustee Company Limited, 202, Maker Tower ‘E’, Cuffe Parade, Colaba, Mumbai – 400005, Maharashtra, India

Auditors :
Auditors 1 :
Name :	Khandelwal Jain and Company Chartered Accountants
Address :	221, Hans Bhawan, Bahadur Shah Zafar Marg, New Delhi – 110002, India
PAN.:	AAAFK0985C

Auditors 2 :
Name :	Kadam and Company Chartered Accountants
Address :	Vedant, 8/9, Viraj Estate, Opposite Tarakpur Bus Stand, Ahmednagar – 414003, Maharashtra, India

Memberships :	Not Available

Collaborators :	Not Available

Subsidiary Company :	Datacom Telecommunications Private Limited, India [U64201PB2008PTC031630]
Ultimate Holding Company :	Videocon Industries Limited, India [L99999MH1986PLC103624]

Holding Company :	Videocon International Electronics Limited, India [U32100MH2003PLC142232]

Fellow Subsidiary Company :	Jumbo Techno Services Private Limited, India [U93000DL2007PTC166247]

CAPITAL STRUCTURE

After 26.09.2014

Authorised Capital : Rs. 80.000 Million

Issued, Subscribed & Paid-up Capital : Rs. 72000.000 Million

As on 30.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount

8000000000	Equity Shares	Rs.10/- each	Rs. 80000.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount

6800000000	Equity Shares	Rs.10/- each	Rs. 68000.000 Million

As on 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount

8000000000	Equity Shares	Rs.10/- each	Rs. 80000.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount

5175000000	Equity Shares	Rs.10/- each	Rs. 51750.000 Million

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013 (15 months)	31.12.2011 (12 Months)

I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	51750.000	15000.000
(b) Reserves & Surplus	(49131.787)	(28308.788)
(c) Money received against share warrants	0.000	0.000

(2) Share Application money pending allotment	0.000	10000.000
Total Shareholders’ Funds (1) + (2)	2618.213	(3308.788)

(3) Non-Current Liabilities
(a) long-term borrowings	40181.999	30600.343
(b) Deferred tax liabilities (Net)	0.000	0.000
(c) Other long term liabilities	0.000	0.000
(d) long-term provisions	26.640	24.102
Total Non-current Liabilities (3)	40208.639	30624.445

(4) Current Liabilities
(a) Short term borrowings	1579.200	19620.837
(b) Trade payables	3000.765	1928.092
(c) Other current liabilities	3867.016	3124.059
(d) Short-term provisions	15.502	32.302
Total Current Liabilities (4)	8462.483	24705.290

TOTAL	51289.335	52020.947

II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	15000.253	17126.089
(ii) Intangible Assets	22557.665	17379.220
(iii) Capital work-in-progress	2362.871	5775.084
(iv) Intangible assets under development	0.000	0.000
(b) Non-current Investments	0.520	0.520
(c) Deferred tax assets (net)	3034.047	2346.580
(d) Long-term Loan and Advances	0.000	0.000
(e) Other Non-current assets	0.000	817.142
Total Non-Current Assets	42955.356	43444.635

(2) Current assets
(a) Current investments	30.803	78.970
(b) Inventories	681.296	654.785
(c) Trade receivables	1149.306	3193.519
(d) Cash and cash equivalents	6451.436	4635.562
(e) Short-term loans and advances	0.000	0.000
(f) Other current assets	21.138	13.476
Total Current Assets	8333.979	8576.312

TOTAL	51289.335	52020.947

SOURCES OF FUNDS		31.12.2010
SHAREHOLDERS FUNDS
1] Share Capital		15000.000
2] Share Application Money		10000.000
3] Reserves & Surplus		0.000
4] (Accumulated Losses)		(10836.995)
NETWORTH		14163.005
LOAN FUNDS
1] Secured Loans		20973.855
2] Unsecured Loans		6328.663
TOTAL BORROWING		27302.518
DEFERRED TAX LIABILITIES

TOTAL		41465.523

APPLICATION OF FUNDS

FIXED ASSETS [Net Block]		42196.446
Capital work-in-progress		0.000
-Preoperative Expenditure Pending Allocation		426.517

INVESTMENT		0.520
DEFERREX TAX ASSETS		0.000

CURRENT ASSETS, LOANS & ADVANCES
	Inventories	164.338
	Sundry Debtors	553.004
	Cash & Bank Balances	1109.589
	Other Current Assets	5.102
	Loans & Advances	4298.016
Total Current Assets		6130.049
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	6001.857
	Other Current Liabilities	1247.329
	Provisions	35.823
Total Current Liabilities		7285.009
Net Current Assets		(1157.960)

MISCELLANEOUS EXPENSES		0.000

TOTAL		41465.523

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013 (15 months)	31.12.2011 (12 Months)	31.12.2010
	SALES
		Income	5091.201	6226.248	1690.528
		Other Income	1.648	7.412	177.325
		TOTAL (A)	5092.849	6233.660	1867.853

Less	EXPENSES
		Employees benefits expense	1216.406	1576.827	9400.129
		Other expenses	13815.943	14027.713
		TOTAL (B)	15032.349	15604.540	9400.129

Less	PROFIT / (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		(9939.500)	(9370.880)	(7532.276)

Less	FINANCIAL EXPENSES (D)		7005.302	5085.185	1211.038

	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		(16944.802)	(14456.065)	(8743.314)

Less/ Add	DEPRECIATION/ AMORTISATION (F)		3878.197	3015.727	1685.191

	PROFIT / (LOSS) BEFORE TAX (E-F) (G)		(20822.999)	(17471.792)	(10428.505)

Less	TAX (H)		0.000	0.000	0.000

	PROFIT / (LOSS) AFTER TAX (G-H) (I)		(20822.999)	(17471.792)	(10428.505)

	Earnings / (Loss) Per Share (Rs.)		(9.29)	(11.65)	(8.6)

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars

31.03.2013

(15 months)

31.12.2011

(12 Months)

31.12.2010

Current Maturities of Long term debt

Cash generated from operations

KEY RATIOS

PARTICULARS		31.03.2013 (15 months)	31.12.2011 (12 Months)	31.12.2010
PAT / Total Income	(%)	(408.87)	(280.28)	(558.32)

Net Profit Margin (PBT/Sales)	(%)	(409.00)	(280.62)	(616.88)

Return on Total Assets (PBT/Total Assets}	(%)	(42.56)	(37.78)	21.58

Return on Investment (ROI) (PBT/Networth)		(7.95)	5.28	0.74

Debt Equity Ratio (Total Debt /Networth)		15.95	(15.18)	1.93

Current Ratio (Current Asset/Current Liability)		0.98	0.35	0.84

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.12 .2011	31.03.2013
	(Rs. In Million)	(Rs. In Million)
Share Capital	15000.000	51750.000
Reserves & Surplus	(28308.788)	(49131.787)
Money received against share warrants	0.000	0.000
Share Application money pending allotment	10000.000	0.000
Net worth	(3308.788)	2618.213

long-term borrowings	30600.343	40181.999
Short term borrowings	19620.837	1579.200
Total borrowings	50221.180	41761.199
Debt/Equity ratio	(15.178)	15.950

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.12.2010	31.12.2011	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	1690.528	6226.248	5091.201
		268.302	(18.230)

NET PROFIT MARGIN

Net Profit Margin	31.12.2010	31.12.2011	31.03.2013
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	1690.528	6226.248	5091.201
Profit / (Loss)	(10428.505)	(17471.792)	(20822.999)
	(616.88%)	(280.62%)	(409.00%)

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	Yes
5	Buyer visit details	--
6	Contact numbers	Yes
7	Name of the person contacted	Yes
8	Designation of contact person	Yes
9	Promoter’s background	Yes
10	Date of Birth of Proprietor / Partners / Directors	Yes
11	Pan Card No. of Proprietor / Partners	Yes
12	Voter Id Card No. of Proprietor / Partners	Yes
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	No
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	Yes
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

FINANCIAL PERFORMANCE

During the period, the Company has earned a total income of Rs. 5092.800 Million as against Rs. 6233.700 Million for the previous year and total expenditure amounted to Rs. 25915.800 Million as against Rs. 23705.500 Million for the previous year. The Company incurred a loss of Rs. 20823.000 Million as against Rs. 17471.800 Million for the previous year.

With a view to coincide the financial year of the Company with that of its holding Company viz. Videocon International Electronics Limited the financial year of the Company was extended by a period of 3 (Three) months i.e. upto 31st March,2013. As such the current accounting year comprises of a period of 15 Months period i.e. from 1st January, 2012 to 31^st March, 2013 and therefore the figures for the current accounting period are not comparable.

The paid-up capital of the Company was increased from Rs. 150.000 Million to Rs. 517.500 Million upto 31^st March, 2013. After the Balance Sheet date the paid-up capital of the Company was further increased from Rs. 517.500 Million to Rs. 54337.500 Million up to the date of this report.

OPERATIONS

Quashing of UAS Licenses and subsequent allocation of spectrum to the Licencees:

The Company had been awarded licenses by the Department of Telecommunications ('DoT') to provide Unified Access Services ('UAS') in 21 telecom circles in India with effect from 25th January, 2008 which were valid for a period of 20 years. The Company had also been allocated spectrum in 20 circles and had launched its commercial operations in17 circles.

The Honble Supreme Court of India, vide its order and judgment dated 2ndFebruary, 2012 ('Judgment') in two separate writ petitions, quashed the UAS licenses granted on or after 10th January, 2008 pursuant to two press releases issued on 10th January, 2008 and the subsequent allocation of spectrum to licensees which included the 21 UAS licenses issued and allocation of spectrum to the Company. The order quashing the UAS licenses and the allocation of spectrum was to be operative after four months from the date of the Judgment. By subsequent orders dated 24^th April, 2012and 27th August 2012, the Honble Supreme Court directed that the licensees whose licenses had been cancelled were to continue their operations until 18th January 2013. This order was modified by a subsequentorder dated 15th February 2013, whereby it was directed that the licensees have to stop operations with immediate effect.

The Honble Supreme Court of India vide its Judgment had also directed the Central Government to grant fresh UAS licenses and spectrum allocation by auction. The DoT, had issued a Notice Inviting Applications (bearing file no. 3-16/2012-Fin./Auction) dated 28th September, 2012 for auction of spectrum in1800 MHz and 800 MHz bands. The Company participated in the aforesaid auctionand was declared as a successful bidder of spectrum in six circles in 1800 MHz, namely, Bihar, Gujarat, Haryana, Madhya Pradesh, Uttar Pradesh (East) and Uttar Pradesh (West).

On 3rd March, 2013, the Company has been awarded the Unified Licenses (Access Services) for these six circles with effect from 16thFebruary, 2013 which are valid for a period of 20 years. The Company has also been allotted 5Mhz spectrum in 1800Mhz category in each of these 6 circles out of which, the Company is already providing its commercial services in 3 circles i.e. Gujarat, Haryana and Madhya Pradesh.

By the order dated15th February, 2013, the Honble Supreme Court of India has, inter-alia, held that the successful applicants in the auction should be allowed to operate in those circles in which they have been successful.

The Company is continuing its commercial operations in 3 circles viz. Gujarat, Haryana and Madhya Pradesh. The Company shall be launching, subject to receipt of then necessary approvals from DoT, its commercial operations in remaining 3 circles viz. Bihar, Uttar Pradesh (East) and Uttar

NSECURED LOAN

Particular	As on 31.03.2013	As on 31.12.2011
Short-term borrowings
Loans and advances from others	1579.201	19620.838
Total	1579.201	19620.838

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10281971	30/03/2011	71,500,000,000.00	SBICAP TRUSTEE COMPANY LIMITED	202, MAKER TOWER, 'E', CUFFE PARADE, COLABA,, MUMBAI, MAHARASHTRA - 400005, INDIA	B11035474
2	10245929	11/10/2010	71,500,000,000.00	SBICAP TRUSTEE COMPANY LIMITED	202, MAKER TOWER, 'E', CUFFE PARADE,COLABA,, MUMBAI, MAHARASHTRA - 400005, INDIA	A97382626
3	10198039	07/01/2010	10,000,000,000.00	STATE BANK OF INDIA	STATE BANK BHAVAN, MADAME CAMA ROAD,, NARIMAN POINT, MUMBAI, MAHARASHTRA - 400021, INDIA	A77971018

FIXED ASSETS

Building
Plant and Machinery
Leasehold Improvements
Furniture and Fixtures
Computers
Office Equipments
Vehicles
Computer Software
License Fees

PRESS RELEASES

VIDEOCON TELECOM TO INVEST RS 21.000 MILLION IN GUJARAT IN FY'16

Continuing its efforts to expand network and retail presence in the Gujarat, Videocon Telecom said on Tuesday that the company will invest over Rs 210 crore in the circle in the current financial year 2015-16.

Primarily, the investment will be for its GSM services network expansion, where the telecom operator plans to deploy over 450 new cell sites of which 330 sites will be for geographical coverage expansion across 142 new towns, and another 120 sites for capacity enhancement to accommodate more users.

Further, Videocon Telecom will be also investing to enhance its packet core to accommodate growing data usage on its recently upgraded 2.75G EDGE network. The telco currently has 3989 cell sites in Gujarat and provides network coverage across 836 towns in Gujarat.

VIDEOCON TELECOM BETS BIG ON NEW BUSINESS INITIATIVES

"Gujarat telecom circle is potential circle and of utmost importance to us. In order to strengthen our footprint in the circle, we will be investing Rs 21.000 Million in the circle this financial year. Our investment will primarily be on network expansion and rollout of broadband services, in addition to other emerging businesses. With rollout of 450 new sites, we will be adding 142 new towns in our Network footprint this year taking up the overall coverage to 978 towns . We plan to acquire 3.5 Mn new customers this financial year in Gujarat telecom circle, and this network expansion will be an important aspect to the same," said Arvind Bali, Director & CEO, Videocon Telecommunications Limited

Having bagged PAN India ISP license recently, the operator will also be investing on rollout of broadband services, primarily on fibre to the home (FTTH) and wireless broadband on the free band 2.4 Ghz spectrum. Videocon Telecom plans to rollout broadband services in select pockets across key cities including Ahmedabad, Surat and Vadodara in phase 1 of its rollout plan. Among other telecom related, non-spectrum dependent new business lines, Videocon Telecom will be offering other services including smart city solutions, security solutions, e-surveillance, android & IOS platform based application including content and games. The company also plans to venture into fast growing mobile wallet and e-commerce business.

Meanwhile, focusing on its retail presence, the company plans to add another over 250 stores across its operating circles in this financial year, thereby taking up the total count to 750 across its operational circles.

BANKS REWORK LOAN STRUCTURE FOR SIX VIDEOCON FIRMS

Mumbai: Lenders to the Videocon Group have devised a unique structure aimed at strengthening their confidence in the loan-servicing capability of its half a dozen consumer durables and home appliances companies, even as the conglomerate expects windfall gains from the sale of a stake in an offshore gas block in Mozambique that will help it make good on its dues.

The six consumer durables and home appliances businesses spread across Maharashtra and Uttarakhand that belong to the group owe Rs. 2005.200 Million to their lenders. They have been made jointly and separately liable for repayments in an arrangement known as “co-obligor” in banking parlance.

The move took place a few months ago and is expected to “enhance security given to lenders”, “promote transparency and efficiency” and “cut administrative costs”, a senior Videocon Group official said.

Venugopal Dhoot chairman of the group, firmly rejected the contention that this was in any way the first step towards amalgamating the consumer durables and home appliances units, although the bankers seem to perceive the arrangement as a precursor to this.

“This (co-obligor) structure is to ensure simplicity in dealing with multiple consortium and lenders, and to save administrative and other costs,” Dhoot said.

As part of the arrangement, the group has pledged to infuse equity worth Rs.150.000 Million in three stages over the next three years. It will generate funds by selling real estate assets in Mumbai (Fort House on DN Road, Fort), Delhi (Videocon Tower at Jhandewalan) and Kolkata (the Philips factories at Salt Lake and Taratala).

While the new arrangement offers comfort to lenders, the group expects as much as $3.5-4 billion (around Rs.1893.500-2164.000 Million) from the sale of its 10% stake through Cayman Islands-based Videocon Hydrocarbon Holdings Ltd in the Rovuma Basin off the Mozambique coast being developed along with Anadarko Petroleum Corp. of the US, which also has a 10% stake.

The six companies in the co-obligor arrangement are Videocon International Electronics Limited, PE Electronics Limited, Century Appliances Private. Limited, Proficient Energy Private. Limited and Evans Fraser and Co. (India) Limited in Maharashtra, and Techno Electronics Limited in Uttarakhand.

The Videocon Group last year appointed management consulting firm AT Kearney Inc. to provide strategic inputs for the consumer durables and home appliances business at the insistence of the lenders.

AT Kearney estimated Ebitda (earnings before interest, taxes, depreciation and amortization) from the businesses at Rs. 220.000-300.000 Million a year, subject to growth in the Indian economy, according to a banker who did not want to be named.

“At this estimate, these companies (the six units cited above) can generate enough money only to meet the interest cost, but how will they pay back the principal?” said the banker.

That’s why the group has to commit to bring in Rs.150.000 Million over the next three years. “This is some sort of restructuring of loans,” the banker said.

Dhoot confirmed that there was a plan to monetize real estate holdings across India, estimated at about Rs. 500.000 Million, but that may not be needed since the company expects a spurt in cash flow from its hydrocarbon business.

Samir Bahl executive director for investment banking at Centrum Capital Limited, said amalgamating subsidiaries helps companies strengthen their balance sheets and leverage effectively especially in an uncertain economic environment.

At times where the economic outlook is positive, companies often build individual businesses within subsidiaries that enable maximization of valuation, clarity of management, including incentives and pure-play investment opportunity for investors at the subsidiary level. However, when markets are uncertain and balance sheets stretched, companies favour consolidating businesses as a security precedence over growth,” said Bahl.

VIDEOCON TELECOM TO TARGET STUDENTS AS IT CHARTS EXPANSION IN GUJARAT

AHMEDABAD, MAY 12:

Videocon Telecommunications on Tuesday announced plans to invest Rs 21.000 Million in the Gujarat circle for site expansion and business addition during the financial year 2015-16.

The company, which currently has 3,989 cell sites covering 836 towns in Gujarat, will set up 330 sites to bring 142 new towns under its coverage, while 120 sites will be added for capacity enhancement to accommodate more users.

In Gujarat, the company has about 25 lakh users, while it adds 25.000 to 0.300 Million users every month. Nationally, it has over 10 million users with 700,000 to 800,000 being added every month.

"Students are the main target audience for our services. They have seen a sharp growth in data usage from this group of users. Last year, the data growth was 147 per cent, this year we expect it to grow at 150 per cent," said Arvind Bali, Director & CEO, Videocon Telecommunications Limited.

The company had achieved revenues of Rs. 2,0000.000 Million for 2014-15, which Bali expects to jump to Rs. 300.000 Million in 2015-16. "GSM is the largest contributor to revenues. The other contributors are our enterprise business, broadband, and new circle additions," said Bali.

The company also plans to roll out its broadband services in Ahmedabad, Surat and Vadodara. "The rollout will primarily be on FTTH (fibre to the home) services and wireless broadband," he added.

The company operates in the Punjab, Haryana, Gujarat, Madhya Pradesh & Chhattisgarh circles.

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. 63.87
UK Pound	1	Rs. 98.89
Euro	1	Rs. 70.73

INFORMATION DETAILS

Information Gathered by :	MNJ

Analysis Done by :	SUB

Report Prepared by :	RNK

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	2
OPERATING SCALE	1~10	1
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	2
--PROFITABILITY	1~10	1
--LIQUIDITY	1~10	1
--LEVERAGE	1~10	1
--RESERVES	1~10	1
--CREDIT LINES	1~10	1
--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		13

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.

MIRA INFORM REPORT

164.338

553.004

1109.589

5.102

4298.016

6130.049

6001.857

1247.329

35.823

7285.009

(1157.960)

21.58

0.74

1.93

0.84

INDEX OF CHARGES

Unit