MIRA INFORM REPORT

Report No. :	347429
Report Date :	02.11.2015

IDENTIFICATION DETAILS

Name :	MODI CARE LIMITED
Registered Office :	5, Community Centre, New Friends Colony, New Delhi – 110 025
Tel. No.:	91-11-66623000
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	12.07.1973
Com. Reg. No.:	55-110617
Capital Investment / Paid-up Capital :	Rs.28.830 Million
CIN No.: [Company Identification No.]	U72200DL1973PLC110617
IEC No.:	0388123257
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	AABCM9425F
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Trade of fast moving consumer goods.
No. of Employees :	Information declined by the management

RATING & COMMENTS

MIRA’s Rating :

Ca (18)

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 was incorporated in the year 1973, having moderate track record. For the FY 2014, the company has reported huge accumulated losses resulting in erosion of its networth base. The company possesses weak financial profile marked poor liquidity position. Business is active. Payments are reported to be slow. The company can be considered for business dealings on safe and secured trade terms and conditions.

NOTES :

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

ECGC Country Risk Classification List – March 31, 2015

Country Name	Previous Rating (31.12.2014)	Current Rating (31.03.2015)
India	A1	A1

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

EXTERNAL AGENCY RATING

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

RBI DEFAULTERS’ LIST STATUS

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

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2015.

INFORMATION DENIED

MANAGEMENT NON COOPERATIVE (91-11-66623000)

LOCATIONS

Registered Office :	5, Community Centre, New Friends Colony, New Delhi – 110 025
Tel. No.:	91-11-66623000/ 26321441
Fax No.:	91-11-26846732
E-Mail :	shikha-modicare@modi.com
Website :	http://www.modicare.com
Regional Office :	Located at: Bangalore Kolkata New Delhi Mumbai

DIRECTORS

AS ON 30.09.2014

Name :

Mr. Samir Modi

Designation :

Managing Director

Address :

A-1, Maharani Bagh, New Delhi – 110 065, India

Date of Birth/Age :

15/12/1969

Date of Appointment :

01.04.2012

DIN No.:

00029554

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	U72200DL1973PLC110617	MODI CARE LIMITED	Managing director	01-04-2012	01-02-1992	-	Active	NO
2	U65101DL1992PTC049846	K K MODI INVESTMENT AND FINANCIAL SERVICES PRIVATE LIMITED	Director	05-08-1992	05-08-1992	-	Active	NO
3	U74899DL1993PLC051769	HOME COMMUNICATION NETWORK LIMITED	Director	18-01-1993	18-01-1993	01-03-2002	Active	NO
4	U24110MH1993PLC070713	INDOFIL INDUSTRIES LIMITED	Director	09-02-1993	09-02-1993	-	Active	NO
5	L16004MH1936PLC008587	GODFREY PHILLIPS INDIA LIMITED	Whole-time director	01-09-2013	11-01-1994	-	Active	NO
6	U29309DL1983PLC016948	MODERN HOME CARE PRODUCTS LIMITED	Director	27-09-1994	27-09-1994	-	Active	NO
7	U74899DL1995PLC064964	MODI ENTERTAINMENT LIMITED	Director	02-02-1995	02-02-1995	-	Active	NO
8	U74900DL1993PLC051770	MODICARE SALES AND SERVICES LIMITED	Director	15-03-1995	15-03-1995	-	Strike off	NO
9	U67120DL1979PTC114042	INDO EURO INVESTMENT COMPANY PRIVATE LIMITED	Director	07-06-1995	07-06-1995	-	Amalgamated	NO
10	U74899DL1995PLC072562	INDIAN CRICKET LEAGUE LIMITED	Director	19-09-1995	19-09-1995	-	Active	NO
11	U92100MH1995PTC093949	MODI NEW WORLD INDIA PRIVATE LIMITED	Director	26-10-1995	26-10-1995	-	Active	NO
12	U92110MH1997PTC104951	MODI FILMS ENTERPRISES PRIVATE LIMITED	Director	08-01-1997	08-01-1997	-	Strike off	NO
13	U92113DL1997PTC085957	MODI ENTERTAINERS NETWORKS PVT LTD	Director	19-03-1997	19-03-1997	-	Strike off	NO
14	U67120UP1980PTC004955	TOUCH WOOD INVESTMENT PRIVATE LIMITED	Director	19-08-1997	19-08-1997	-	Amalgamated	NO
15	U74899DL1994PLC060724	MODI REACH FINANCE AND INVESTMENT (INDIA) LIMITED	Director	27-08-1997	27-08-1997	-	Amalgamated	NO
16	U17118MP1989PLC005568	SUCCESS PRINCIPLES INDIA LIMITED	Director	30-09-1999	30-09-1999	-	Active	NO
17	U74899DL2000PLC106938	MEN INTERACTIVE NETWORK LIMITED	Director	24-07-2000	24-07-2000	-	Active	NO
18	U72900MH2000PTC129737	JUNIORBUZZ.COM INDIA PRIVATE LIMITED	Director	24-11-2000	24-11-2000	-	Strike off	NO
19	U72200MH2000PTC124841	CRICLIVE COM INDIA PRIVATE LIMITED	Director	31-08-2001	31-08-2001	-	Active	NO
20	U74140MH2001PTC132192	MARKETING AND BRAND SOLUTIONS (INDIA) PRIVATE LIMITED	Director	04-07-2003	04-07-2003	-	Amalgamated	NO
21	U24246DL2004PTC125599	COLORBAR COSMETICS PRIVATE LIMITED	Director	02-04-2004	02-04-2004	-	Active	NO
22	U52110DL2004PTC129421	TWENTY FOUR SEVEN RETAIL STORES PRIVATE LIMITED	Director	27-09-2004	27-09-2004	-	Active	NO
23	U51909DL2004PTC129422	SERENDIPITY ENTERPRISES PRIVATE LIMITED	Director	27-09-2004	27-09-2004	-	Active	NO
24	U74999DL1996PTC080090	KKM MANAGEMENT CENTRE PRIVATE LIMITED	Director	19-07-2005	19-07-2005	04-11-2010	Active	NO
25	U80302DL2001PTC113471	MODI APOLLO INTERNATIONAL GROUP PRIVATE LIMITED	Director	14-03-2007	14-03-2007	-	Active	NO
26	U22219DL2007PTC161659	SERENDIPITY DESIGN PRIVATE LIMITED	Director	04-04-2007	04-04-2007	-	Active	NO
27	U74999DL2009PTC192242	THE WALTZING VIENNA COFFEE AND MORE PRIVATE LIMITED	Director	15-07-2009	15-07-2009	-	Active	NO
28	U52390DL2009PTC192241	MODI BRANDS PRIVATE LIMITED	Director	15-07-2009	15-07-2009	-	Active	NO
29	U74899DL1951GAP001947	PHD CHAMBER OF COMMERCE AND INDUSTRY	Director	15-02-2012	15-02-2012	-	Active	NO
30	U51103MH2013PTC251276	BEAUTE PARIS COSMETICS PRIVATE LIMITED	Director	20-12-2013	20-12-2013	-	Active	NO

Name :

Rajesh Nair

Designation :

Director

Address :

Ad-45 C,Iind Floor, Shalimar Bagh, New Delhi - 110088, India

Date of Birth/Age :

18.11.1970

Date of Appointment :

20.12.2013

DIN No.:

05183411

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	U51909DL1995PTC202648	TREND AGENCIES PRIVATE LIMITED	Director	28-09-2012	28-02-2012	-	Active	NO
2	L65993DL1974PLC229893	AARSREE AGRA LIMITED	Director	04-09-2012	04-09-2012	-	Amalgamated	NO
3	U72200DL1973PLC110617	MODI CARE LIMITED	Director	29-07-2015	20-12-2013	-	Active	NO
4	U80212GJ2014PTC081377	MANVIJAY EDUCATION AND SPORTS PRIVATE LIMITED	Director	01-12-2014	01-12-2014	-	Active	NO

Name :

Mr. Krishan Kumar Modi

Designation :

Director

Address :

A-1, Maharani Bagh, New Delhi – 110 065, India

Date of Birth/Age :

27/08/1940

Date of Appointment :

18/03/2000

DIN No.:

00029407

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	L65993UP1965PLC003082	MODIPON LIMITED	Director	19-08-1965	19-08-1965	25-01-2007	Active	NO
2	L15429UP1932PLC000469	MODI INDUSTRIES LIMITED	Director	30-04-1970	30-04-1970	-	Active	NO
3	L17111UP1946PLC001428	MODI SPINNING AND WEAVING MILLS COMPANY LIMITED	Director	12-02-1976	12-02-1976	-	Active	NO
4	L16004MH1936PLC008587	GODFREY PHILLIPS INDIA LIMITED	Managing director	14-08-2012	05-11-1979	-	Active	NO
5	U65101DL1992PTC049846	K K MODI INVESTMENT AND FINANCIAL SERVICES PRIVATE LIMITED	Director	01-10-2013	05-08-1992	-	Active	NO
6	U74899DL1993PLC051769	HOME COMMUNICATION NETWORK LIMITED	Director	18-01-1993	18-01-1993	01-03-2002	Active	NO
7	U74900DL1993PLC051770	MODICARE SALES AND SERVICES LIMITED	Director	18-01-1993	18-01-1993	-	Strike off	NO
8	U24110MH1993PLC070713	INDOFIL INDUSTRIES LIMITED	Managing director	01-03-2012	09-02-1993	-	Active	NO
9	U51900MH1994PTC078793	W D CONSUMER PRODUCTS PRIVATE LIMITED	Director	06-06-1994	06-06-1994	-	Strike off	NO
10	U74899DL1995PLC064964	MODI ENTERTAINMENT LIMITED	Director	02-02-1995	02-02-1995	19-03-2015	Active	NO
11	U74899DL1995PLC072562	INDIAN CRICKET LEAGUE LIMITED	Director	19-09-1995	19-09-1995	19-03-2015	Active	NO
12	U92100MH1995PTC093949	MODI NEW WORLD INDIA PRIVATE LIMITED	Director	26-10-1995	26-10-1995	-	Active	NO
13	U92110MH1997PTC104951	MODI FILMS ENTERPRISES PRIVATE LIMITED	Director	08-01-1997	08-01-1997	-	Strike off	NO
14	U92113DL1997PTC085957	MODI ENTERTAINERS NETWORKS PVT LTD	Director	19-03-1997	19-03-1997	-	Strike off	NO
15	U74899DL1994PLC060724	MODI REACH FINANCE AND INVESTMENT (INDIA) LIMITED	Director	27-08-1997	27-08-1997	-	Amalgamated	NO
16	U67120DL1979PTC114042	INDO EURO INVESTMENT COMPANY PRIVATE LIMITED	Director	18-03-2000	18-03-2000	-	Amalgamated	NO
17	U72200DL1973PLC110617	MODI CARE LIMITED	Director	18-03-2000	18-03-2000	-	Active	NO
18	U29309DL1983PLC016948	MODERN HOME CARE PRODUCTS LIMITED	Director	30-03-2000	30-03-2000	26-03-2015	Active	NO
19	U67120UP1980PTC004955	TOUCH WOOD INVESTMENT PRIVATE LIMITED	Director	25-05-2000	25-05-2000	-	Amalgamated	NO
20	U74899DL2000PLC106938	MEN INTERACTIVE NETWORK LIMITED	Director	24-07-2000	24-07-2000	19-03-2015	Active	NO
21	U72900MH2000PTC129737	JUNIORBUZZ.COM INDIA PRIVATE LIMITED	Director	24-11-2000	24-11-2000	-	Strike off	NO
22	U72200MH2000PTC124841	CRICLIVE COM INDIA PRIVATE LIMITED	Director	31-08-2001	31-08-2001	16-03-2015	Active	NO
23	U80302DL2001PTC113471	MODI APOLLO INTERNATIONAL GROUP PRIVATE LIMITED	Director	14-12-2001	14-12-2001	-	Active	NO
24	U74140MH2001PTC132192	MARKETING AND BRAND SOLUTIONS (INDIA) PRIVATE LIMITED	Director	04-07-2003	04-07-2003	-	Amalgamated	NO
25	U24297UP1992PTC014505	AMBER CHEMICALS PRIVATE LIMITED	Director	27-11-2004	27-11-2004	-	Active	NO
26	L51909DL1985PLC021077	PREMIUM MERCHANTS LIMITED	Director	27-04-2005	27-04-2005	-	Active	NO
27	U74999DL1996PTC080090	KKM MANAGEMENT CENTRE PRIVATE LIMITED	Director	19-07-2005	19-07-2005	04-11-2010	Active	NO
28	U72200DL2006PTC152685	EUROPOWER TECHNO-SYSTEMS PRIVATE LIMITED	Director	29-08-2006	29-08-2006	-	Strike off	NO
29	U65993DL1979PLC010060	GOOD INVESTMENTS(INDIA) LIMITED	Director	10-08-2007	07-03-2007	-	Active	NO
30	U80903DL2009PTC196740	MODI ATI EDUCATION PRIVATE LIMITED	Director	23-01-2010	08-12-2009	-	Active	NO
31	U74999MH2007PTC168696	DORUKA DESIGNS PRIVATE LIMITED	Director	14-05-2010	14-05-2010	-	Active	NO
32	U92100MH2005PTC155785	VOYAGES ENTERTAINMENT PRIVATE LIMITED	Director	27-03-2011	27-03-2011	28-01-2015	Under Process of Striking off	NO
33	U92132MH2001PTC134159	FASHION TELEVISION INDIA PRIVATE LIMITED	Director	27-03-2011	27-03-2011	-	Active	NO
34	U24233GJ2011PTC065293	INDO BAIJIN CHEMICALS PRIVATE LIMITED	Additional director	30-05-2011	30-05-2011	-	Active	NO

Name :

Mr. Lalit Kumar Modi

Designation :

Director

Address :

A-1, Maharani Bagh, New Delhi – 110 065, India

Date of Birth/Age :

29/11/1963

Date of Appointment :

01/01/1987

DIN No.:

00029520

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	U67120UP1980PTC004955	TOUCH WOOD INVESTMENT PRIVATE LIMITED	Director	23-12-1981	23-12-1981	-	Amalgamated	NO
2	U72200DL1973PLC110617	MODI CARE LIMITED	Director	01-01-1987	01-01-1987	-	Active	NO
3	L16004MH1936PLC008587	GODFREY PHILLIPS INDIA LIMITED	Director	01-08-2010	21-08-1989	28-05-2015	Active	NO
4	U67120DL1979PTC114042	INDO EURO INVESTMENT COMPANY PRIVATE LIMITED	Director	29-02-1992	29-02-1992	-	Amalgamated	NO
5	U65101DL1992PTC049846	K K MODI INVESTMENT AND FINANCIAL SERVICES PRIVATE LIMITED	Whole-time director	01-10-2013	05-08-1992	-	Active	NO
6	U17118MP1989PLC005568	SUCCESS PRINCIPLES INDIA LIMITED	Director	30-10-1992	30-10-1992	-	Active	NO
7	U74899DL1993PLC051769	HOME COMMUNICATION NETWORK LIMITED	Director	18-01-1993	18-01-1993	01-03-2002	Active	NO
8	U74900DL1993PLC051770	MODICARE SALES AND SERVICES LIMITED	Director	18-01-1993	18-01-1993	17-01-2011	Strike off	NO
9	U24110MH1993PLC070713	INDOFIL INDUSTRIES LIMITED	Additional director	17-11-2014	09-02-1993	16-09-2015	Active	NO
10	U51900MH1994PTC078793	W D CONSUMER PRODUCTS PRIVATE LIMITED	Director	06-06-1994	06-06-1994	28-12-2010	Strike off	NO
11	U74899DL1995PLC064964	MODI ENTERTAINMENT LIMITED	Director	02-02-1995	02-02-1995	-	Active	NO
12	U74899DL1995PLC072562	INDIAN CRICKET LEAGUE LIMITED	Director	19-09-1995	19-09-1995	-	Active	NO
13	U92100MH1995PTC093949	MODI NEW WORLD INDIA PRIVATE LIMITED	Director	26-10-1995	26-10-1995	-	Active	NO
14	U92110MH1997PTC104951	MODI FILMS ENTERPRISES PRIVATE LIMITED	Director	08-01-1997	08-01-1997	21-12-2010	Strike off	NO
15	U92113DL1997PTC085957	MODI ENTERTAINERS NETWORKS PVT LTD	Director	19-03-1997	19-03-1997	17-01-2011	Strike off	NO
16	U29309DL1983PLC016948	MODERN HOME CARE PRODUCTS LIMITED	Director	30-03-2000	30-03-2000	-	Active	NO
17	U74899DL1994PLC060724	MODI REACH FINANCE AND INVESTMENT (INDIA) LIMITED	Director	30-03-2000	30-03-2000	-	Amalgamated	NO
18	U74899DL2000PLC106938	MEN INTERACTIVE NETWORK LIMITED	Director	24-07-2000	24-07-2000	-	Active	NO
19	U72900MH2000PTC129737	JUNIORBUZZ.COM INDIA PRIVATE LIMITED	Director	24-11-2000	24-11-2000	28-12-2010	Strike off	NO
20	U72200MH2000PTC124841	CRICLIVE COM INDIA PRIVATE LIMITED	Director	31-08-2001	31-08-2001	-	Active	NO
21	U80302DL2001PTC113471	MODI APOLLO INTERNATIONAL GROUP PRIVATE LIMITED	Director	14-12-2001	14-12-2001	-	Active	NO
22	U74140MH2001PTC132192	MARKETING AND BRAND SOLUTIONS (INDIA) PRIVATE LIMITED	Director	04-07-2003	04-07-2003	-	Amalgamated	NO
23	U74999DL1996PTC080090	KKM MANAGEMENT CENTRE PRIVATE LIMITED	Director	19-07-2005	19-07-2005	04-11-2010	Active	NO
24	U45201RJ2006PTC022952	ANANDA HERITAGE HOTELS PRIVATE LIMITED	Director	18-09-2007	18-09-2007	-	Active	NO

Name :

Mr. Inder Kumar Gupta

Designation :

Director

Address :

402, Trishul Kaushambi, Ghaziabad – 201 010, Uttar Pradesh, India

Date of Birth/Age :

10/08/1938

Date of Appointment :

29/05/1997

DIN No.:

00048470

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	U65993DL1979PLC010018	QUICK INVESTMENT (INDIA) LIMITED	Director	28-11-1979	28-11-1979	-	Active	NO
2	U65993DL1979PLC010060	GOOD INVESTMENTS(INDIA) LIMITED	Director	14-12-1979	14-12-1979	-	Active	NO
3	U36999DL1981PTC011548	H M A UDYOG PRIVATE LIMITED	Director	10-11-1988	10-11-1988	31-01-2014	Active	NO
4	U24297UP1992PTC014505	AMBER CHEMICALS PRIVATE LIMITED	Director	26-06-1992	26-06-1992	-	Active	NO
5	L67120DL1983PLC015266	AAR SHYAM INDIA INVESTMENT COMPANY LIMITED	Director	08-10-1992	08-10-1992	23-05-2014	Active	NO
6	U72200DL1973PLC110617	MODI CARE LIMITED	Director	29-05-1997	29-05-1997	-	Active	NO
7	U74899DL1994PLC060724	MODI REACH FINANCE AND INVESTMENT (INDIA) LIMITED	Director	27-08-1997	27-08-1997	-	Amalgamated	NO
8	U29309DL1983PLC016948	MODERN HOME CARE PRODUCTS LIMITED	Director	03-11-1998	03-11-1998	20-05-2014	Active	NO
9	L51909DL1985PLC021077	PREMIUM MERCHANTS LIMITED	Director	13-03-2000	13-03-2000	23-05-2014	Active	NO
10	U24239DL1985PLC021753	INTERNATIONAL RESEARCH PARK LABORATOIES LIMITED	Director	12-02-2001	12-02-2001	20-05-2014	Active	NO
11	U67120DL1979PTC114042	INDO EURO INVESTMENT COMPANY PRIVATE LIMITED	Director	15-02-2002	15-02-2002	-	Amalgamated	NO
12	U74140MH2001PTC132192	MARKETING AND BRAND SOLUTIONS (INDIA) PRIVATE LIMITED	Director	04-07-2003	04-07-2003	-	Amalgamated	NO
13	U45400DL2008PLC172433	RAJPUTANA DEVELOPERS LIMITED	Director	09-01-2008	09-01-2008	20-05-2014	Active	NO
14	U74120DL2008PTC180929	PREMIUM TRADELINKS PRIVATE LIMITED	Director	15-07-2008	15-07-2008	20-05-2014	Active	NO

Name :

Ms. Charu Bhartia

Designation :

Director

Address :

A-1, Maharani Bagh, New Delhi – 110 065, India

Date of Birth/Age :

28/10/1962

Date of Appointment :

18/03/2000

DIN No.:

00029625

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	U67120UP1980PTC004955	TOUCH WOOD INVESTMENT PRIVATE LIMITED	Director	09-08-1982	09-08-1982	-	Amalgamated	NO
2	U67120DL1979PTC114042	INDO EURO INVESTMENT COMPANY PRIVATE LIMITED	Director	18-03-2000	18-03-2000	-	Amalgamated	NO
3	U72200DL1973PLC110617	MODI CARE LIMITED	Director	18-03-2000	18-03-2000	-	Active	NO
4	U74899DL1995PLC064964	MODI ENTERTAINMENT LIMITED	Director	29-03-2000	29-03-2000	-	Active	NO
5	U29309DL1983PLC016948	MODERN HOME CARE PRODUCTS LIMITED	Director	30-03-2000	30-03-2000	-	Active	NO
6	U74899DL1994PLC060724	MODI REACH FINANCE AND INVESTMENT (INDIA) LIMITED	Director	30-03-2000	30-03-2000	-	Amalgamated	NO
7	U74899DL2000PLC106938	MEN INTERACTIVE NETWORK LIMITED	Director	07-08-2000	07-08-2000	-	Active	NO
8	U74999DL2001PTC113262	MODI HEALTHCARE PLACEMENT INDIA PRIVATE LIMITED	Director	23-11-2001	23-11-2001	16-07-2007	Active	NO
9	U80302DL2001PTC113471	MODI APOLLO INTERNATIONAL GROUP PRIVATE LIMITED	Managing director	14-12-2001	14-12-2001	-	Active	NO
10	U65993DL2001PTC113464	CHARU INVESTMENTS PRIVATE LIMITED	Director	28-12-2001	28-12-2001	-	Active	NO
11	U24110MH1993PLC070713	INDOFIL INDUSTRIES LIMITED	Whole-time director	01-04-2014	27-07-2002	-	Active	NO
12	U74140MH2001PTC132192	MARKETING AND BRAND SOLUTIONS (INDIA) PRIVATE LIMITED	Director	04-07-2003	04-07-2003	-	Amalgamated	NO
13	U74999DL1996PTC080090	KKM MANAGEMENT CENTRE PRIVATE LIMITED	Director	19-07-2005	19-07-2005	14-12-2010	Active	NO
14	L65993UP1965PLC003082	MODIPON LIMITED	Director	01-08-2005	01-08-2005	25-01-2007	Active	NO
15	U65101DL1992PTC049846	K K MODI INVESTMENT AND FINANCIAL SERVICES PRIVATE LIMITED	Director	30-09-2008	11-03-2008	-	Active	NO
16	U80903DL2009PTC196740	MODI ATI EDUCATION PRIVATE LIMITED	Director	30-05-2011	23-01-2010	-	Active	NO
17	U51909DL2009PTC189517	IPM INDIA WHOLESALE TRADING PRIVATE LIMITED	Director	26-06-2014	27-03-2014	-	Active	NO

Name :

Mr. Ramamurthy Rajgopalan Iyer

Designation :

Director

Address :

A-18, Batlas Apartment, I.P. Extension, Patpar Ganj, Delhi – 110 092, India

Date of Birth/Age :

02/07/1944

Date of Appointment :

05/10/2001

DIN No.:

00030463

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	U65910DL1987PLC028920	MANHATTAN CREDITS AND FINANCE LIMITED.	Director	20-03-1990	20-03-1990	-	Amalgamated	NO
2	U74899DL1973PLC006528	FRIENDLY REALITY PROJECTS LIMITED	Director	20-11-1998	20-11-1998	01-06-2010	Active	NO
3	U70109DL1996PTC148282	CINDRELLA DEVELOPMENTS PRIVATE LIMITED	Director	15-12-1999	15-12-1999	-	Amalgamated	NO
4	L99999DL1983PLC175992	RAMRAJ ENTERPRISES LIMITED	Director	31-08-2000	31-08-2000	-	Amalgamated	NO
5	L52110DL1985PLC021076	SHASHANK TRADERS LIMITED	Director	01-09-2000	01-09-2000	31-03-2015	Active	NO
6	L51109DL1993PLC175889	GEMINI TRADELINKS LIMITED	Director	04-09-2000	04-09-2000	-	Amalgamated	NO
7	U72200DL1973PLC110617	MODI CARE LIMITED	Director	05-10-2001	05-10-2001	-	Active	NO
8	U16003DL1991PLC045002	PREMIUM BIDI COMPANY LIMITED	Director	05-02-2002	05-02-2002	-	Active	NO
9	U45200DL2006PLC156832	RAJPUTANA INFRASTRUCTURE CORPORATE LIMITED	Director	20-12-2006	20-12-2006	-	Active	NO
10	U70109DL1996PTC148284	CINDRELLA RESOURCES PRIVATE LIMITED	Additional director	26-02-2007	26-02-2007	-	Amalgamated	NO
11	L16004MH1936PLC008587	GODFREY PHILLIPS INDIA LIMITED	Whole-time director	14-08-2012	14-08-2009	-	Active	NO
12	U74999MH2007PTC168696	DORUKA DESIGNS PRIVATE LIMITED	Alternate director	14-05-2010	14-05-2010	-	Active	NO
13	U51900MH1994PTC078793	W D CONSUMER PRODUCTS PRIVATE LIMITED	Additional director	28-12-2010	28-12-2010	-	Strike off	NO
14	U93090DL1995PTC069989	BOLLYWOOD MOVIES INDIA PRIVATE LIMITED	Director	28-12-2010	28-12-2010	-	Strike off	NO
15	U65993DL1979PLC010018	QUICK INVESTMENT (INDIA) LIMITED	Nominee director	31-01-2011	31-01-2011	-	Active	NO
16	U65993DL1979PLC010060	GOOD INVESTMENTS(INDIA) LIMITED	Nominee director	31-01-2011	31-01-2011	-	Active	NO
17	U72900MH2001PTC133113	NEON SOLUTIONS PRIVATE LIMITED	Director	23-02-2011	23-02-2011	-	Active	NO
18	U92132MH2001PTC134159	FASHION TELEVISION INDIA PRIVATE LIMITED	Director	01-03-2011	01-03-2011	-	Active	NO
19	U25199KA2010PTC054631	MYPOL POLYMERS TECHNOLOGIES PRIVATE LIMITED	Director	29-09-2012	21-12-2011	-	Active	NO
20	U25111KA1981PLC004112	MYSORE POLYMERS AND RUBBER PRODUCTS LIMITED	Director	17-09-2013	22-08-2013	-	Active	NO
21	U74120MH2013PTC242939	MF UTILITIES INDIA PRIVATE LIMITED	Additional director	08-07-2014	08-07-2014	08-07-2014	Active	NO

Name :

Mr. Ram Avtar Poddar

Designation :

Director

Address :

C – 171, Greater Kailash, Part – 1, New Delhi – 110 048, India

Date of Birth/Age :

14/08/1939

Date of Appointment :

18/03/2000

DIN No.:

00029313

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	U16000MH1964PLC013915	INTERNATIONAL TOBACCO COMPANY LIMITED	Director	30-10-1980	30-10-1980	24-05-2009	Active	NO
2	U74899DL1984PLC017448	CHASE INVESTMENTS LIMITED	Director	19-08-1987	19-08-1987	-	Active	NO
3	U17118MP1989PLC005568	SUCCESS PRINCIPLES INDIA LIMITED	Director	01-11-1989	01-11-1989	-	Active	NO
4	U16003DL1992NPL085954	THE TOBACCO INSTITUTE OF INDIA.	Director	25-11-1992	25-11-1992	-	Active	NO
5	U91200MH1985GAP037820	THE ADVERTISING STANDARDS COUNCIL OF INDIA	Director	09-10-1998	09-10-1998	18-09-2008	Active	NO
6	U72200DL1973PLC110617	MODI CARE LIMITED	Director	30-09-2014	18-03-2000	-	Active	NO
7	U01403DL2002PTC117393	KAAVYA TEA ESTATE PRIVATE LIMITED	Director	18-10-2002	18-10-2002	12-08-2003	Active	NO
8	U74899DL1995PLC064964	MODI ENTERTAINMENT LIMITED	Director	04-07-2003	04-07-2003	-	Active	NO
9	U74140MH2001PTC132192	MARKETING AND BRAND SOLUTIONS (INDIA) PRIVATE LIMITED	Director	04-07-2003	04-07-2003	-	Amalgamated	NO
10	U65990MH1999PTC122318	ME INDIA HOLDING PRIVATE LIMITED	Director	01-10-2004	01-10-2004	28-01-2015	Under Process of Striking off	NO
11	U51310MH1999PTC122316	ME FASHIONS INDIA PRIVATE LIMITED	Director	01-10-2004	01-10-2004	-	Active	NO
12	U67120DL1979PTC114042	INDO EURO INVESTMENT COMPANY PRIVATE LIMITED	Director	30-09-2008	10-12-2007	-	Amalgamated	NO
13	U45400DL2008PLC172433	RAJPUTANA DEVELOPERS LIMITED	Director	09-01-2008	09-01-2008	-	Active	NO
14	U51909DL2009PTC189517	IPM INDIA WHOLESALE TRADING PRIVATE LIMITED	Director	22-06-2010	28-05-2009	-	Active	NO
15	U80903DL2009PTC196740	MODI ATI EDUCATION PRIVATE LIMITED	Director	30-05-2011	23-01-2010	-	Active	NO
16	U15520DL2008PTC183454	NIRVANA BIOSYS PRIVATE LIMITED	Director	21-05-2010	26-03-2010	30-12-2013	Active	NO
17	U74899DL2000PLC106486	GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED	Director	30-09-2011	18-01-2011	08-01-2013	Active	NO
18	U74899DL1951GAP001947	PHD CHAMBER OF COMMERCE AND INDUSTRY	Director	23-12-2011	23-12-2011	20-12-2013	Active	NO

KEY EXECUTIVES

Name :	Shikha Sharma
Designation :	Secretary
Address :	10702, Gali No 12, Partap Nagar, Delhi - 110007, India
Date of Appointment :	02.07.2012
PAN No:	AOBPS8867G

MAJOR SHAREHOLDERS

AS ON 30.09.2014

NOTE: SHAREHOLDING DETAILS FILE ATTACHED

Equity Share Break up (Percentage of Total Equity)

AS ON 30.09.2014

Category	Percentage
Bodies corporate	86.42
Other top fifty shareholders	13.58
Total	100.00

AS ON 02.03.2015

Names of Allottees	No. of Shares
Ms. Good Investment Limited	2500000
Total	2500000

BUSINESS DETAILS

Line of Business :

Trade of fast moving consumer goods.

Products :

Item Code No.	Product Description
84509090	Laundry and Home care
33049990	Personal Care
84248100	Agriculture Products
09024090	Tea

Brand Names :

Not Available

Agencies Held :

Not Available

Exports :

Not Divulged

Imports :

Not Divulged

Terms :

Not Divulged

PRODUCTION STATUS: NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

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

Customers :

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

No. of Employees :

Information declined by the management

Bankers :

Banker Name	HDFC Bank Limited
Branch Address	Hdfc Bank House, Senapati Bapat Marg, Lower Parel  (West), Mumbai, Maharashtra - 400013, India
Person Name (With Designation)	Not Divulged
Contact Number	Not Divulged
Name of Account Holder	Not Divulged
Account Number	Not Divulged
Account Since (Date/Year of Account Opening)	Not Divulged
Average Balance Maintained (If Possible)	Not Divulged
Credit Facilities Enjoyed (If any)	Not Divulged
Account Operation	Not Divulged
Remarks (If any)	Not Divulged

Facilities :

(Rs. In Million)

SECURED LOAN	As on 31.03.2014	As on 31.03.2013
LONG TERM BORROWINGS
Rupee term loans from banks	0.965	3.479
Total	0.965	3.479

Financial Institute:	Hongkong And Singapor Banking Corporation Limited, 15 ; Kasturba Gandhi Marg, New Delhi, Delhi - 110015, India
Auditors :
Name :	Lodha and Company Chartered Accountants
Address :	12, Bhagat Singh Marg, New Delhi – 110 001, India
Tel. No.:	91-11-23710176/ 23710177/ 23364671/ 2414
Fax No.:	91-11-23345168/ 23314309
E-Mail :	delhi@lodhaco.com
PAN N Income-tax PAN of auditor or auditor's firm :	AACFG9836E
Memberships :	Not Available
Collaborators :	Not Available
Enterprises which are owned, or have significant influence of or are partners with Key management personnel and their relatives:	Beacon Travels Private Limited, India [U74899DL1988PTC030391] International Research Park Laboratoies Limited, India [U24239DL1985PLC021753] Godfrey Phillips India Limited, India [L16004MH1936PLC008587] Indofil Industries Limited, India [U24110MH1993PLC070713] Oriental Leasing Company, India
Fellow Subsidiary company :	KKM Management Centre Private Limited, India [U74999DL1996PTC080090] Sapphire Insurance Agencies Limited, India [U66010DL2003PLC176350] USG Financial Services Private Limited, India [U65999DL1993PTC229862] N.K.Textiles Industries Limited, India N.K.Textiles Industries Limited, India [U24246DL2004PTC125599]
Associate:	Success Principles India Limited, India [U17118MP1989PLC005568]
Holding company:	K K Modi Investment And Financial Services Private Limited, India [U65101DL1992PTC049846]
Other Related Parties:	Hindustan Leasing Company, India

CAPITAL STRUCTURE

AFTER 30.09.2014

Authorised Capital : Rs. 240.000 Million

Issued, Subscribed & Paid-up Capital : Rs.73.830 Million

AS ON 30.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
67998000	Equity Shares	Rs.2.5/- each	Rs.169.995 Million
7000500	Preference Shares	Rs.10/- each	Rs.70.005 Million
	Total		Rs.240.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
19532095	Equity Shares	Rs.2.5/- each	Rs.48.830 Million

As On 31.03.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
5467405	Equity Shares 1	Rs.10/- each	Rs.54.674 Million
11532095	Equity Shares 2	Rs.7.5/- each	Rs.86.491Million
11532095	Equity Shares 3	Rs.2.5/-each	Rs.28.830 Million
7000500	Preference Shares	Rs.10/- each	Rs.70.005 Million
	Total		Rs.240.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
11532095	Equity Shares	Rs.2.5/- each	Rs.28.830 Million

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2014	31.03.2013	31.03.2012
I.              EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	28.830	28.830	115.320
(b) Reserves & Surplus	(142.362)	(75.451)	(30.352)
(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)	(113.532)	(46.621)	84.968
(3) Non-Current Liabilities
(a) long-term borrowings	0.965	3.479	1.059
(b) Deferred tax liabilities (Net)	8.745	9.346	8.646
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	25.946	24.502	22.749
Total Non-current Liabilities (3)	35.656	37.327	32.454
(4) Current Liabilities
(a) Short term borrowings	82.000	65.000	20.654
(b) Trade payables	148.053	119.211	107.487
(c) Other current liabilities	73.563	49.500	22.482
(d) Short-term provisions	1.127	1.937	1.637
Total Current Liabilities (4)	304.743	235.648	152.260
TOTAL	226.867	226.354	269.682
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	14.692	21.075	12.815
(ii) Intangible Assets	2.837	3.222	2.561
(iii) Capital work-in-progress	0.000	0.000	0.573
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	1.176	1.180	102.746
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	9.016	13.254	13.132
(e) Other Non-current assets	0.420	0.145	0.095
Total Non-Current Assets	28.141	38.876	131.922
(2) Current assets
(a) Current investments	20.091	3.000	13.989
(b) Inventories	59.781	64.762	68.733
(c) Trade receivables	31.957	28.025	2.982
(d) Cash and cash equivalents	43.393	61.164	25.420
(e) Short-term loans and advances	43.029	30.104	26.261
(f) Other current assets	0.475	0.423	0.375
Total Current Assets	198.726	187.478	137.760
TOTAL	226.867	226.354	269.682

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2014	31.03.2013	31.03.2012
	SALES
	Income	1256.473	932.802	817.813
	Other Income	2.617	1.677	5.003
	TOTAL (A)	1259.090	934.479	822.816
Less	EXPENSES
	Cost of Materials Consumed	0.000	0.000	0.000
	Purchases of Stock-in-Trade	312.663	244.109	225.488
	Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	4.981	1.657	3.401
	Employees benefits expense	139.500	142.871	130.223
	Other expenses	855.853	583.955	467.547
	TOTAL (B)	1312.997	972.592	826.659
Less	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (C)	(53.907)	(38.113)	(3.843)
Less	FINANCIAL EXPENSES (D)	6.830	3.179	1.287
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)	(60.737)	(41.292)	(5.130)
Less/ Add	DEPRECIATION/ AMORTISATION (F)	6.174	6.155	4.912
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)	(66.911)	(47.447)	(10.042)
Less	TAX (H)	0.000	0.000	0.000
	PROFIT/ (LOSS) AFTER TAX (G-H) (I)	(66.911)	(47.447)	(10.042)
	Earnings / (Loss) Per Share (Rs.)	(5.80)	(4.09)	(1.08)

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2014	31.03.2013	31.03.2012
Current Maturities of Long term debt	0.699	1.991	1.764
Cash generated from operations	NA	NA	NA
Net cash flows from (used in) operations	(2.197)	(10.687)	(4.455)

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	(5.33)	(5.09)	(1.23)
Operating Profit Margin (PBIDT/Sales)	(%)	(4.29)	(4.09)	(0.47)
Return on Total Assets (PBT/Total Assets}	(%)	(29.65)	(21.07)	(6.04)
Return on Investment (ROI) (PBT/Networth)		0.59	1.02	(0.12)
Debt Equity Ratio (Total Debt /Networth)		(0.74)	(1.51)	0.28
Current Ratio (Current Asset/Current Liability)		0.65	0.80	0.90

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	115.320	28.830	28.830
Reserves & Surplus	(30.352)	(75.451)	(142.362)
Net worth	84.968	(46.621)	(113.532)
long-term borrowings	1.059	3.479	0.965
Short term borrowings	20.654	65.000	82.000
Current maturities of long-term debts	1.764	1.991	0.699
Total borrowings	23.477	70.470	83.664
Debt/Equity ratio	0.276	-1.512	-0.737

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	817.813	932.802	1256.473
		14.061	34.699

NET PROFIT MARGIN

Net Profit Margin	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	817.813	932.802	1256.473
Profit	(10.042)	(47.447)	(66.911)
	(1.23%)	(5.09%)	(5.33%)

LOCAL AGENCY FURTHER INFORMATION

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

OPERATIONS:

During the year sales jumped to Rs. 843.580 Million compared to Rs. 750.474 Million in the previous year, registering a growth of 12.41% over previous year. During the year, net worth of the company became negative. However, several initiatives taken during the year such as hiring of global consultants, specialized training programs to consultants, product trainings, new products launches which led to growth in the business. This coupled with improvements in the marketing plan is expected to drive growth in coming years

SERVICE BUSINESS:

During the year, the Company earned commission/service income of Rs. 82.360 Million as against Rs. 30.084 Million for the previous year.

PARTNERSHIP BUSINESS:

During the year, the Company has accounted for its loss of share from partnership firms i.e. Hindustan Leasing Company and Tobacco Holding is Rs. 5211/- and Rs. 5/- respectively (Previous year loss of Rs. 1941/- and 19/- respectively) and Oriental Leasing Company of a profit of Rs. 18647/- (Previous year profit of Rs. 8520/-). Hindustan Leasing Company and Tobacco Holding have since been dissolved w.e.f. 27.05.2013 and 18.03.2013 respectively.

UNSECURED LOAN

(Rs. In Million)

Particulars	As on 31.03.2014	As on 31.03.2013
SHORT TERM BORROWING
Loans and advances from relate	44.000	40.000
Other loans and advances	38.000	25.000
Total	82.000	65.000

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10595000	14/09/2015	850,000.00	HDFC BANK LIMITED	HDFC BANK HOUSE,SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI, MAHARASHTRA - 400013, INDIA	C66213265
2	10555517	24/02/2015	450,000.00	HDFC BANK LIMITED	HDFC BANK HOUSE, SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI, MAHARASHTRA - 400013, INDIA	C46921292
3	10556277	16/02/2015	1,050,000.00	HDFC BANK LIMITED	HDFC BANK HOUSE, SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI, MAHARASHTRA - 400013, INDIA	C47373014
4	10552224	07/07/2014	900,000.00	HDFC BANK LIMITED	HDFC BANK HOUSE,SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI, MAHARASHTRA - 400013, INDIA	C45148699
5	10552242	23/06/2014	750,000.00	HDFC BANK LIMITED	HDFC BANK HOUSE, SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI, MAHARASHTRA - 400013, INDIA	C45151560
6	10555522	23/06/2014	900,000.00	HDFC BANK LIMITED	HDFC BANK HOUSE,SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI, MAHARASHTRA - 400013, INDIA	C46923579
7	90048713	17/10/2001	120,000,000.00	HONGKONG AND SINGAPOR BANKING CORPORATION LIMITED	15; KASTURBA GANDHI MARG, NEW DELHI, DELHI - 110015, INDIA	-
8	90048703	11/10/2001	35,000,000.00	HONGKONG AND SANGHAI BANKING CORPORATION LIMITED	15; KASTURBA GANDHI MARG, NEW DELHI, DELHI - 110015, INDIA	-

FIXED ASSETS

Tangible assets

• Furniture and fixtures
• Vehicles
• Office equipment
• Computer Equipments

Intangible assets

• Computer software

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

1] INFORMATION ON DESIGNATED PARTY

No exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

2] Court Declaration :

No exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

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

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

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

Charges or investigation registered against subject: None

7] Criminal Records

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

8] Affiliation with Government :

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

9] Compensation Package :

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

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

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

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

CONTRAVENTION

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

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.65.22
UK Pound	1	Rs.99.93
Euro	1	Rs.71.67

INFORMATION DETAILS

Information Gathered by :	NYA
Analysis Done by :	AMR
Report Prepared by :	GEET

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--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		18

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	--

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