MIRA INFORM REPORT

Report No. :	348884
Report Date :	18.11.2015

IDENTIFICATION DETAILS

Name :	CASTEX TECHNOLOGIES LIMITED (w.e.f. 26.05.2015)
Formerly Known As :	AMTEK INDIA LIMITED AMTEK FINANCE LIMITED (w.e.f. 20.04.1995) WORLDWIDE PORTFOLIOS LIMITED BEST LEASING AND FINANCE LIMITED
Registered Office :	Village Narsinghpur, Mohammadpur, Old Manesar Road, Gurgaon – 122001, Haryana
Tel. No.:	91-124-2373406
Country :	India
Financials (as on) :	30.09.2014
Date of Incorporation :	02.12.1983
Com. Reg. No.:	05-033789
Capital Investment / Paid-up Capital :	Rs. 555.915 Million
CIN No.: [Company Identification No.]	L65921HR1983PLC033789
IEC No.:	0597039917
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	AAACA8504G
Legal Form :	A Public Limited Liability Company. The Company’s Shares are Listed on the Stock Exchanges.
Line of Business :	Manufacturer of Automotive Components.
No. of Employees :	1000 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

B (36)

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is a subsidiary of Amtek Group. Amtek Auto Limited hold 71.12% in the subject company. It is a manufacturer of automotive components. The name of the company has changed from AMTEX INDIA LIMITED to Castex Technologies Limited with effect from 26^th May, 2015. The company has reported decent revenue base marked by fair. Profitability margin. However, rating are constrained on account of the holding company of subject i.e. Amtek auto limited has defaulted Rs. 8000.000 Million bond payments on September, 2015. Trade relations are fair. Business is active. Payments are slow but correct. The company can be considered for business dealings with some caution.

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

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 PARTED BY

Name :	Mr. Vimal Kaushik
Designation :	Chief Financial Officer
Contact No.:	91-11-42344444
Date :	13.11.2015

LOCATIONS

Registered Office/ Factory :	Village Narsinghpur, Mohammadpur, Old Manesar Road, Gurgaon – 122001, Haryana, India
Tel. No.:	91-124-2373406
Fax No.:	91-124-2373028
E-Mail :	ametek.india2011@gmail.com info@amtek.com
Website :	http://www.amtek.com
Location:	Owned
Locality:	Industrial
Corporate Office :	3 LSC, Pamposh Enclave, Greater Kailash – 1, New Delhi - 110048, India
Tel. No.:	91-11-42344444
Fax No.:	91-11-42344400

DIRECTORS

AS ON 31.12.2014

Name :

Mr. Sanjay Chhabra

Designation :

Director

Address :

S - 183, Panchshila Park, New Delhi - 110017, India

Date of Appointment :

24.03.2014

DIN No.:

01237026

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	U74899DL1986PTC025284	SKYLINE ASSOCIATES PRIVATE LIMITED	Director	29/08/1986	29/08/1986	-	Active	NO
2	U74899DL1994PTC060744	AISA INTERNATIONAL PRIVATE LIMITED	Director	08/08/1994	08/08/1994	25/02/2008	Active	NO
3	U74899DL1994PTC061185	NMC-SKY DIAGNOSTICS PRIVATE LIMITED	Director	01/09/1994	01/09/1994	08/06/2013	Active	NO
4	L27230HR1988PLC030333	AMTEK AUTO LIMITED	Director	29/09/1995	29/09/1995	-	Active	NO
5	U85110DL2004PTC128774	GROOVY GREEN SPORTS PRIVATE LIMITED	Director	02/09/2004	02/09/2004	-	Active	NO
6	U45202DL2006PTC166042	NINTH DIMENSION HOTEL AND RESORTS PVT LTD	Managing director	26/04/2007	26/04/2007	-	Active	NO
7	U55101HR2009PTC057252	CARNATION HOSPITALITY PRIVATE LIMITED	Director	24/09/2009	24/09/2009	25/11/2014	Active	NO
8	U70109DL2006PTC153169	MAPPLE HOSPITALITY PRIVATE LIMITED	Director	01/10/2009	01/10/2009	-	Active	NO
9	U65921DL1998PTC096988	ADISID ASSOCIATES PRIVATE LIMITED	Director	01/10/2009	01/10/2009	-	Active	NO
10	U74899DL2005PTC137119	CIPHER BUILDTEK PRIVATE LIMITED	Director	01/10/2009	01/10/2009	-	Active	NO
11	U45200DL2006PTC153365	MECCANO TECHNOBUILD PRIVATE LIMITED	Director	01/10/2009	01/10/2009	-	Active	NO
12	U51909WB2007PTC119305	RAMESHWAR COMMERCIAL PRIVATE LIMITED.	Director	26/07/2010	26/07/2010	12/01/2014	Active	NO
13	L65921HR1983PLC033789	CASTEX TECHNOLOGIES LIMITED	Director	24/03/2014	13/08/2013	-	Active	NO
14	U55204DL2014PTC263155	DOLOMITE RESTAURANTS PRIVATE LIMITED	Director	07/01/2014	07/01/2014	-	Active	NO
15	U55101DL2014PTC266988	SIERRA NEVADA RESTAURANTS PRIVATE LIMITED	Director	26/03/2014	26/03/2014	-	Active	NO
16	L42274DL1997PLC270939	JMT AUTO LIMITED	Director	27/09/2014	28/03/2014	-	Active	NO
17	L51503DL1985PLC020195	ADHBHUT INFRASTRUCTURE LIMITED	Director	30/12/2014	29/03/2014	-	Active	NO
18	U15492DL1999PLC101732	BARISTA COFFEE COMPANY LIMITED	Whole-time director	25/02/2015	12/08/2014	-	Active	NO
19	U55101DL2010PTC200025	KAIZEN RESTAURANTS PRIVATE LIMITED	Additional director	03/08/2015	03/08/2015	-	Active	NO

Name :

Mr. John Ernest Flintham

Designation :

Director

Address :

The Grayes, Main Street, Cropthorne, Pershore, Worcestershire, Wr103lu, United Kingdom

Date of Appointment :

24.03.2014

DIN No.:

01463500

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	U34300DL2006PLC156351	MPT AMTEK AUTOMOTIVE (INDIA) LIMITED	Managing director	07/05/2015	23/12/2006	-	Active	NO
2	U27106DL2005PLC138437	AMTEK TEKFOR AUTOMOTIVE LIMITED	Director	01/06/2015	24/04/2007	-	Active	NO
3	L27230HR1988PLC030333	AMTEK AUTO LIMITED	Managing director	14/08/2014	31/07/2007	-	Active	NO
4	U40300DL2007PTC169558	AMTEK VCST POWERTRAIN INDIA PRIVATE LIMITED	Director	18/10/2007	18/10/2007	-	Active	NO
5	U27100HR2008PLC040838	AMTEK TRANSPORTATION SYSTEMS LIMITED	Director	10/06/2008	10/06/2008	11/06/2008	Active	NO
6	U35200DL2008PTC180534	AMTEK RAILCAR INDUSTRIES PRIVATE LIMITED	Director	24/09/2009	18/07/2008	22/05/2015	Active	NO
7	U34101HR2009PTC039424	SMI AMTEK CRANKSHAFT PRIVATE LIMITED	Director	20/12/2010	20/04/2010	-	Active	NO
8	L65921HR1983PLC033789	CASTEX TECHNOLOGIES LIMITED	Director	24/03/2014	13/05/2013	-	Active	NO
9	U35204WB1981PLC033700	STESALIT LIMITED	Director	28/09/2013	02/08/2013	21/03/2015	Active	NO
10	L42274DL1997PLC270939	JMT AUTO LIMITED	Director	27/09/2014	19/08/2013	-	Active	NO
11	U35990DL2014PTC272515	AMTEK RIKEN CASTING PRIVATE LIMITED	Director	15/10/2014	15/10/2014	-	Active	NO
12	U34100HR2009PLC040650	BRASSCO ENGINEERING LIMITED	Additional director	11/07/2015	11/07/2015	-	Active	NO
13	L28910MH1977PLC019569	METALYST FORGINGS LIMITED	Additional director	14/08/2015	14/08/2015	-	Active	NO

Name :

Mr. Gautam Malhotra

Designation :

Managing director

Address :

B-7,Geetanjali Enclave, New Delhi, New Delhi - 110017, India

Date of Birth/Age :

03.03.1979

Date of Appointment :

31.01.2013

PAN No.:

AIIPM2162M

DIN No.:

00157488

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	U65993DL1996PTC082102	W.L.D. INVESTMENTS PRIVATE LIMITED	Director	25/09/1996	25/09/1996	-	Active	NO
2	U45201DL2002PTC113851	INNOVATEIVE BUILD TECH PRIVATE LIMITED	Director	17/01/2002	17/01/2002	01/11/2014	Active	NO
3	U67120CH1987PTC007850	ANUBHAV HOLDINGS PRIVATE LIMITED	Director	26/02/2003	26/02/2003	-	Active	NO
4	U17110MH1987PTC042675	KAMAKSHI SILK MILLS PRIVATE LIMITED	Director	24/07/2003	24/07/2003	01/11/2014	Active	NO
5	L65993DL1989PLC035409	ALLIANCE INTEGRATED METALIKS LIMITED	Director	08/05/2004	08/05/2004	01/09/2011	Active	NO
6	U70101DL2005PTC135377	ZEALOUS DEVELOPERS PRIVATE LIMITED	Director	23/06/2005	23/06/2005	01/11/2014	Active	NO
7	U70101DL2005PTC133236	JUVENILE ESTATE DEVELOPERS PRIVATE LIMITED	Director	25/06/2005	25/06/2005	01/11/2014	Active	NO
8	L28910MH1977PLC019569	METALYST FORGINGS LIMITED	Director	30/12/2006	12/06/2006	-	Active	NO
9	L65921HR1983PLC033789	CASTEX TECHNOLOGIES LIMITED	Managing director	31/01/2013	31/01/2008	-	Active	NO
10	U74899DL1996PTC080538	ALLDERS KHANNAS INTERNATIONAL PRIVATE LIMITED	Director	19/08/2008	19/08/2008	15/02/2010	Active	NO
11	U34101HR2009PTC039424	SMI AMTEK CRANKSHAFT PRIVATE LIMITED	Director	20/12/2010	20/04/2010	-	Active	NO
12	U74899DL1994PLC062969	AMTEK LABORATORIES LIMITED	Director	23/08/2011	01/07/2011	-	Active	NO
13	U74899DL1994PTC060744	AISA INTERNATIONAL PRIVATE LIMITED	Director	16/08/2011	01/07/2011	-	Active	NO
14	U21014DL1996PTC077774	QUALITY PUBLICITY PRIVATE LIMITED	Director	29/08/2011	01/07/2011	-	Active	NO
15	U63090DL2011PTC226429	4A MULTIMODAL FREIGHT TERMINAL PRIVATE LIMITED	Director	18/10/2011	18/10/2011	01/11/2014	Active	NO
16	U01122DL1996PTC075122	SHIVANI HORTICULTURE PRIVATE LIMITED	Director	25/09/2012	11/11/2011	-	Active	NO
17	U92120DL1996PTC076424	TURJO ARTS PRIVATE LIMITED	Director	27/09/2012	11/11/2011	-	Active	NO
18	U80903DL1999PTC101935	SPT INFOTECH PRIVATE LIMITED	Director	10/09/2012	11/11/2011	-	Active	NO
19	U19201DL1998PTC094893	KINGS FOOTWEAR INDIA PRIVATE LIMITED	Director	20/09/2012	11/11/2011	-	Active	NO
20	U70101DL1996PTC077106	FORBES BUILDERS PRIVATE LIMITED	Director	11/09/2012	11/11/2011	-	Active	NO
21	U34300DL1997PLC086695	ACIL LIMITED	Director	30/12/2013	10/10/2012	18/05/2015	Active	NO
22	U74140DL2005PTC132123	AARKEN ADVISORS PRIVATE LIMITED	Director	06/05/2013	06/05/2013	01/11/2014	Active	NO
23	U72200HR2013PTC049106	TERRASOFT INFOSYSTEMS PRIVATE LIMITED	Director	09/05/2013	09/05/2013	01/11/2014	Active	NO
24	L27230HR1988PLC030333	AMTEK AUTO LIMITED	Director	24/03/2014	13/05/2013	-	Active	NO
25	U29252HR2013PTC049196	AMTEK GLOBAL TECHNOLOGIES PRIVATE LIMITED	Director	18/05/2013	18/05/2013	-	Active	NO
26	U35204WB1981PLC033700	STESALIT LIMITED	Director	28/09/2013	02/08/2013	21/03/2015	Active	NO
27	L42274DL1997PLC270939	JMT AUTO LIMITED	Director	27/09/2014	19/08/2013	-	Active	NO
28	U74900DL2013PTC257396	AMTEK CORPORATE SERVICES PRIVATE LIMITED	Director	09/09/2013	09/09/2013	-	Active	NO
29	U70100HR2013PTC050717	DENSITY REAL ESTATE PRIVATE LIMITED	Director	18/10/2013	18/10/2013	01/11/2014	Active	NO
30	U31102WB1995PTC072038	STESALIT TELEMA ELECTRICALS PRIVATE LIMITED	Director	27/09/2014	06/01/2014	21/03/2015	Active	NO
31	U31102HP2008PTC030875	STESALIT TELEMA RESISTORS PRIVATE LIMITED	Director	25/09/2014	06/01/2014	21/03/2015	Active	NO
32	U34100HR2009PLC040650	BRASSCO ENGINEERING LIMITED	Additional director	11/07/2015	11/07/2015	-	Active	NO

Name :

Mr. Arvind Dham

Designation :

Director

Address :

B - 7, Geetanjali Enclave, New Delhi -110017, India

Date of Appointment :

30.01.1995

DIN No.:

00047217

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	L27230HR1988PLC030333	AMTEK AUTO LIMITED	Director	30/04/2007	04/08/1988	-	Active	NO
2	L65921HR1983PLC033789	CASTEX TECHNOLOGIES LIMITED	Director	30/01/1995	30/01/1995	-	Active	NO
3	U74899DL1995PLC070717	ARGL LIMITED	Director	12/07/1995	12/07/1995	01/05/2012	Active	NO
4	U34300DL1997PLC086695	ACIL LIMITED	Director	15/04/1997	15/04/1997	18/05/2015	Active	NO
5	U28991MP1984PLC002420	WHF PRECISION FORGINGS LIMITED	Director	17/07/2001	17/07/2001	18/05/2010	Active	NO
6	U27310TZ1996PLC007556	ACL INDUSTRIES LIMITED	Director	19/04/2002	19/04/2002	18/05/2010	Active	NO
7	L28910MH1977PLC019569	METALYST FORGINGS LIMITED	Director	31/03/2003	31/03/2003	-	Active	NO
8	U27106DL2005PLC138437	AMTEK TEKFOR AUTOMOTIVE LIMITED	Director	17/07/2005	17/07/2005	24/04/2007	Active	NO
9	U74140DL2005PLC140221	SYMBIOS PERSONNEL ADVICES AND SERVICES LIMITED	Managing director	16/05/2015	28/09/2005	-	Active	NO
10	U40109DL2006PLC154857	ALLIANCE HYDRO POWER LIMITED.	Director	18/10/2006	18/10/2006	30/03/2007	Active	NO
11	U34300DL2006PLC156351	MPT AMTEK AUTOMOTIVE (INDIA) LIMITED	Director	08/12/2006	08/12/2006	03/10/2007	Active	NO
12	U51909HR1994PTC051628	GATEWAY IMPEX PRIVATE LIMITED	Whole-time director	01/10/2007	01/10/2007	01/01/2009	Active	NO
13	U40300DL2007PTC169558	AMTEK VCST POWERTRAIN INDIA PRIVATE LIMITED	Director	18/10/2007	18/10/2007	19/02/2008	Active	NO
14	U45400DL2007PLC171597	AMTEK INFRASTRUCTURE LIMITED	Director	18/12/2007	18/12/2007	14/03/2008	Active	NO
15	U29246DL2007PLC171591	AMTEK RAILCAR LIMITED	Director	18/12/2007	18/12/2007	18/05/2010	Active	NO
16	U74120DL2007PTC162091	SOLUTION WITH STYLE CONSULTANTS PRIVATE LIMITED	Director	08/06/2011	08/06/2011	-	Active	NO
17	U74900DL2009PTC188422	ASPIRE TRADEX PRIVATE LIMITED	Director	08/06/2011	08/06/2011	-	Active	NO
18	U74899DL1994PTC060744	AISA INTERNATIONAL PRIVATE LIMITED	Director	16/08/2011	01/07/2011	-	Active	NO
19	U21014DL1996PTC077774	QUALITY PUBLICITY PRIVATE LIMITED	Director	29/08/2011	01/07/2011	-	Active	NO
20	U74140DL2011PTC221752	XLNC ADVISORY SERVICES PRIVATE LIMITED	Director	01/07/2011	01/07/2011	-	Active	NO
21	U74899DL1994PLC062969	AMTEK LABORATORIES LIMITED	Whole-time director	30/04/2015	01/07/2011	-	Active	NO
22	U74999DL2011PTC222009	FUTUREVISION CONSULTANTS PRIVATE LIMITED	Director	06/07/2011	06/07/2011	16/09/2013	Active	NO
23	U74999DL2011PTC222430	FAITH ADVISORY SERVICES PRIVATE LIMITED	Director	15/07/2011	15/07/2011	16/09/2013	Active	NO
24	U01122DL1996PTC075122	SHIVANI HORTICULTURE PRIVATE LIMITED	Director	25/09/2012	11/11/2011	-	Active	NO
25	U92120DL1996PTC076424	TURJO ARTS PRIVATE LIMITED	Director	27/09/2012	11/11/2011	-	Active	NO
26	U80903DL1999PTC101935	SPT INFOTECH PRIVATE LIMITED	Director	10/09/2012	11/11/2011	-	Active	NO
27	U19201DL1998PTC094893	KINGS FOOTWEAR INDIA PRIVATE LIMITED	Director	20/09/2012	11/11/2011	-	Active	NO
28	U70101DL1996PTC077106	FORBES BUILDERS PRIVATE LIMITED	Director	11/09/2012	11/11/2011	-	Active	NO
29	L21014HR1968PLC004844	ROLLATAINERS LIMITED	Additional director	11/05/2013	11/05/2013	10/09/2013	Active	NO

Name :

Mr. Deshpal Singh Malik

Designation :

Director

Address :

573, SECTOR-29, ARUN VIHAR, NOIDA - 201301, UTTAR PRADESH, INDIA

Date of Appointment :

29.01.2002

DIN No.:

00052362

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	U28991MP1984PLC002420	WHF PRECISION FORGINGS LIMITED	Director	25/11/2000	25/11/2000	-	Active	NO
2	L27230HR1988PLC030333	AMTEK AUTO LIMITED	Managing director	30/04/2014	19/03/2001	-	Active	NO
3	L51503DL1985PLC020195	ADHBHUT INFRASTRUCTURE LIMITED	Director	28/11/2001	28/11/2001	29/03/2014	Active	NO
4	L65921HR1983PLC033789	CASTEX TECHNOLOGIES LIMITED	Director	29/01/2002	29/01/2002	-	Active	NO
5	L28910MH1977PLC019569	METALYST FORGINGS LIMITED	Director	31/03/2003	31/03/2003	-	Active	NO
6	U27106DL2005PLC138437	AMTEK TEKFOR AUTOMOTIVE LIMITED	Director	17/07/2005	17/07/2005	08/04/2010	Active	NO
7	U74140DL2005PLC140221	SYMBIOS PERSONNEL ADVICES AND SERVICES LIMITED	Director	28/09/2005	28/09/2005	30/12/2005	Active	NO
8	U40109DL2006PLC154857	ALLIANCE HYDRO POWER LIMITED.	Director	18/10/2006	18/10/2006	30/03/2007	Active	NO
9	U34300DL2006PLC156351	MPT AMTEK AUTOMOTIVE (INDIA) LIMITED	Director	08/12/2006	08/12/2006	03/10/2007	Active	NO
10	U40300DL2007PTC169558	AMTEK VCST POWERTRAIN INDIA PRIVATE LIMITED	Director	18/10/2007	18/10/2007	19/02/2008	Active	NO
11	U45400DL2007PLC171597	AMTEK INFRASTRUCTURE LIMITED	Director	18/12/2007	18/12/2007	14/03/2008	Active	NO
12	U29246DL2007PLC171591	AMTEK RAILCAR LIMITED	Director	18/12/2007	18/12/2007	-	Active	NO

Name :

Mr. Kattasserry Thomas James

Designation :

Director

Address :

302 - C, Pkt - 2, Mayur Vihar PH - 1, Delhi - 110091, India

Date of Appointment :

27.12.2003

DIN No.:

00143394

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	U74899DL1993PTC053375	ALCONIC HOLDINGS PRIVATE LIMITED	Director	10/03/1997	10/03/1997	01/04/2009	Active	NO
2	U74899DL1994PTC061821	ALLIANZ INTERNATIONAL PRIVATE LIMITED	Director	06/11/2000	06/11/2000	01/11/2014	Active	NO
3	U17114DL1996PTC078723	ALLIANCE INTERNATIONAL PRIVATE LIMITED	Director	06/11/2000	06/11/2000	19/05/2011	Active	NO
4	L51503DL1985PLC020195	ADHBHUT INFRASTRUCTURE LIMITED	Director	28/11/2001	28/11/2001	29/03/2014	Active	NO
5	L65921HR1983PLC033789	CASTEX TECHNOLOGIES LIMITED	Director	27/12/2003	27/12/2003	-	Active	NO
6	U27106DL2005PLC138437	AMTEK TEKFOR AUTOMOTIVE LIMITED	Director	17/07/2005	17/07/2005	24/04/2007	Active	NO
7	U74140DL2005PLC140221	SYMBIOS PERSONNEL ADVICES AND SERVICES LIMITED	Director	28/09/2005	28/09/2005	30/12/2005	Active	NO
8	U74899DL2005PTC143177	DIAMOND BUILDPROP PRIVATE LIMITED	Director	06/12/2005	06/12/2005	01/11/2014	Active	NO
9	U74899DL2005PTC143178	GOPAL KRISHAN BUILDPROP PRIVATE LIMITED	Director	06/12/2005	06/12/2005	01/11/2014	Active	NO
10	U27203PN1997PTC111219	IKEIL METALS PRIVATE LIMITED	Director	23/06/2006	23/06/2006	20/09/2014	Active	NO
11	U40109DL2006PLC154857	ALLIANCE HYDRO POWER LIMITED.	Director	18/10/2006	18/10/2006	30/03/2007	Active	NO
12	U34300DL2006PLC156351	MPT AMTEK AUTOMOTIVE (INDIA) LIMITED	Director	08/12/2006	08/12/2006	03/10/2007	Active	NO
13	U31909DL2005PTC137597	LANCER ELECTRICALS PRIVATE LIMITED	Director	01/02/2007	01/02/2007	-	Active	NO
14	U45201DL2005PTC131866	ASHUTOSH REALTORS PRIVATE LIMITED	Director	01/02/2007	01/02/2007	-	Active	NO
15	U24232DL2005PTC137325	VELOCITY CHEMICALS PRIVATE LIMITED	Director	01/02/2007	01/02/2007	-	Active	NO
16	U74899DL2005PTC143179	SAARTHI BUILDPROP PRIVATE LIMITED	Director	01/02/2007	01/02/2007	-	Active	NO
17	U74899DL2005PTC143991	CHAMPS MANAGEMENT SERVICES PRIVATE LIMITED	Director	01/02/2007	01/02/2007	-	Active	NO
18	U34300DL2005PTC137595	SWIFT AUTOCOMPONENTS PRIVATE LIMITED	Director	01/02/2007	01/02/2007	01/11/2014	Active	NO
19	U45201DL2005PTC132121	GRACIOUS PROJECTS PRIVATE LIMITED	Director	01/02/2007	01/02/2007	04/10/2007	Active	NO
20	U45201DL2005PTC132122	EPIC DEVELOPERS PRIVATE LIMITED	Director	01/02/2007	01/02/2007	01/11/2014	Active	NO
21	U27310TZ1996PLC007556	ACL INDUSTRIES LIMITED	Director	11/06/2007	11/06/2007	20/09/2014	Active	NO
22	L21014HR1968PLC004844	ROLLATAINERS LIMITED	Director	31/12/2007	23/08/2007	24/03/2008	Active	NO
23	U29246DL2007PLC171591	AMTEK RAILCAR LIMITED	Director	18/12/2007	18/12/2007	-	Active	NO
24	U45400DL2007PLC171597	AMTEK INFRASTRUCTURE LIMITED	Director	18/12/2007	18/12/2007	14/03/2008	Active	NO
25	U27100HR2008PLC040838	AMTEK TRANSPORTATION SYSTEMS LIMITED	Director	10/06/2008	10/06/2008	10/12/2010	Active	NO
26	U27100DL2009PLC196565	AMTEK STEEL INDUSTRIES LIMITED	Director	02/12/2009	02/12/2009	20/11/2010	Active	NO
27	U13209DL2009PLC196604	AMTEK METAL & MINING LIMITED	Director	03/12/2009	03/12/2009	20/11/2010	Active	NO
28	U75220DL2009PLC197119	AMTEK DEFENCE TECHNOLOGIES LIMITED	Director	18/12/2009	18/12/2009	20/11/2010	Active	NO
29	U72200UP2004PTC028321	CONCURRENT INFOTECH PRIVATE LIMITED	Director	12/05/2010	12/05/2010	-	Active	NO
30	U51909WB2010PTC149154	PARSURAM DISTRIBUTOR PRIVATE LIMITED	Director	25/05/2010	25/05/2010	-	Active	NO
31	U51109WB2006PTC110961	DHOOMKETU MARKETING PRIVATE LIMITED	Director	02/08/2010	02/08/2010	-	Active	NO
32	L27102OR2006PLC008594	OCL IRON AND STEEL LIMITED	Director	30/09/2010	31/08/2010	10/07/2012	Active	NO
33	U35122DL2010PLC208017	AMTEK BRAKE SYSTEMS LIMITED	Director	08/09/2010	08/09/2010	20/11/2010	Active	NO
34	U29220DL2010PLC208036	AMTEK HEAVY ENGINEERING INDUSTRIES LIMITED	Director	09/09/2010	09/09/2010	-	Active	NO
35	U70200DL2010PTC201481	GRANT REAL ESTATE PRIVATE LIMITED	Director	22/09/2011	13/09/2010	01/11/2014	Active	NO
36	U74900DL2010PLC210687	FENACE AUTO LIMITED	Director	23/11/2010	23/11/2010	01/08/2013	Active	NO
37	U74120DL2010PLC210772	LOTUS AUTO ENGINEERING LIMITED	Director	25/11/2010	25/11/2010	04/04/2012	Active	NO
38	U27100DL2010PLC210771	ORIENTAL IRON CASTING LIMITED	Whole-time director	18/05/2015	25/11/2010	-	Active	NO
39	U34300DL2010PLC210810	STRIDE AUTOPARTS LIMITED	Director	26/11/2010	26/11/2010	04/04/2012	Active	NO
40	U34300DL2010PLC210966	KIZEN SPARE AUTOPARTS LIMITED	Director	01/12/2010	01/12/2010	-	Strike off	NO
41	U34100DL2010PLC211091	ODISHA AUTO LIMITED	Director	06/12/2010	06/12/2010	-	Strike off	NO
42	U70101DL2010PTC211637	UPMARK REAL ESTATES PRIVATE LIMITED	Director	21/12/2010	21/12/2010	-	Active	NO
43	U70200DL2010PTC211633	CONOISSEUR BUILDERS PRIVATE LIMITED	Director	21/12/2010	21/12/2010	-	Strike off	NO
44	U70102DL2010PTC211631	KIZEN BUILDTECH PRIVATE LIMITED	Director	21/12/2010	21/12/2010	-	Strike off	NO
45	U27100DL2010PLC211721	ODISHA IRON AND STEEL LIMITED	Director	23/12/2010	23/12/2010	-	Strike off	NO
46	U34100DL2010PLC211712	ARROW SPAREAUTO PARTS LIMITED	Director	23/12/2010	23/12/2010	-	Strike off	NO
47	U34300DL2011PLC212478	BENSON AUTO COMPONENTS LIMITED	Director	12/01/2011	12/01/2011	-	Strike off	NO
48	U29300DL2011PTC219078	AMERTEC SYSTEMS PRIVATE LIMITED	Director	12/05/2011	12/05/2011	14/06/2011	Active	NO
49	U60200DL2012PLC236448	AMTEK WAGON LEASING COMPANY LIMITED	Director	25/05/2012	25/05/2012	-	Active	NO
50	U62100DL2012PLC238221	AMTEK AEROSPACE INDUSTRIES LIMITED	Director	28/06/2012	28/06/2012	-	Active	NO
51	L24239HR1984PLC040797	NEWTIME INFRASTRUCTURE LIMITED	Director	26/12/2014	14/01/2013	-	Active	NO
52	U70102DL2014PTC265523	ESTAEAGRO REAL ESTATE PRIVATE LIMITED	Director	27/02/2014	27/02/2014	-	Active	NO
53	U70102HR2014PTC052005	MAGIK INFRAPROJECTS PRIVATE LIMITED	Director	27/02/2014	27/02/2014	-	Active	NO
54	U70101DL2014PTC265503	PLUTO BIZ. DEVELOPERS PRIVATE LIMITED	Director	27/02/2014	27/02/2014	-	Active	NO
55	U70100DL2014PTC265784	CROPBAY REAL ESTATE PRIVATE LIMITED	Director	04/03/2014	04/03/2014	-	Active	NO

Name :

Mr. Shekhar Gupta

Designation :

Director

Address :

House No 801, Sector 10a, Gurgaon -122001, Haryana, India

Date of Appointment :

29.04.2003

DIN No.:

01744465

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	L65921HR1983PLC033789	CASTEX TECHNOLOGIES LIMITED	Director	29/04/2003	29/04/2003	-	Active	NO
2	U27100DL2010PLC210693	PRECISION IRON CASTING LIMITED	Director	23/11/2010	23/11/2010	-	Strike off	NO
3	U27100DL2010PLC210771	ORIENTAL IRON CASTING LIMITED	Director	12/06/2015	25/11/2010	-	Active	NO
4	U34300DL2010PLC210810	STRIDE AUTOPARTS LIMITED	Director	26/11/2010	26/11/2010	01/08/2013	Active	NO
5	U13201DL2010PLC210933	ODISHA MINES AND MINERALS LIMITED	Director	30/11/2010	30/11/2010	-	Strike off	NO
6	U27100DL2010PLC210947	FINESSE IRON CASTING LIMITED	Director	30/11/2010	30/11/2010	-	Strike off	NO
7	U29256DL2010PLC210985	BAHL AUTOENGINEERING LIMITED	Director	01/12/2010	01/12/2010	-	Strike off	NO
8	U70101DL2010PTC211201	MOZART INFRASTRUCTURE PRIVATE LIMITED	Director	08/12/2010	08/12/2010	-	Strike off	NO
9	U27100DL2010PLC211374	ODISHA STEEL AND POWER LIMITED	Director	13/12/2010	13/12/2010	-	Strike off	NO
10	U70109DL2010PTC211371	ARIZONA INFRASTRUCTURE PRIVATE LIMITED	Director	13/12/2010	13/12/2010	-	Strike off	NO
11	U70101DL2010PTC211629	ELITE HEIGHTDEVELOPERS PRIVATE LIMITED	Director	21/12/2010	21/12/2010	-	Strike off	NO
12	U70109DL2006PTC149224	SATELITE FORGING PRIVATE LIMITED	Director	29/09/2012	05/10/2011	-	Active	NO
13	U74120DL2010PTC201301	INDRAPRASTA ENGINE PARTS PRIVATE LIMITED	Director	19/09/2012	09/01/2012	01/08/2013	Active	NO

Name :

Mr. Bhama Krishnamurthy

Designation :

Additional director

Address :

B1/23 Technocrat Chs Limited,Bombay Dyeing Compnd, Twin Tower Lane,Veer Savarkar Marg,Prabhadevi, Mumbai - 400025, Maharashtra, India

Date of Appointment :

27.03.2015

DIN No.:

02196839

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	U72300MH2000PLC128359	CREDIT INFORMATION BUREAU (INDIA) LIMITED	Nominee director	08/05/2008	08/05/2008	16/08/2012	Active	NO
2	U65929MH2001PLC131203	SBI GLOBAL FACTORS LIMITED	Nominee director	10/06/2010	10/06/2010	23/08/2013	Active	NO
3	U65999KA2004PTC035329	UJJIVAN FINANCIAL SERVICES PRIVATE LIMITED	Nominee director	11/07/2013	11/07/2013	-	Active	NO
4	U93090TN1949SGC001458	TAMILNADU INDUSTRIAL INVESTMENT CORPORATION LIMITED	Nominee director	26/09/2013	26/09/2013	17/09/2014	Active	NO
5	U67190MH1999PLC120866	SIDBI VENTURE CAPITAL LIMITED	Director	29/06/2015	27/01/2015	-	Active	NO
6	L67120MH1993PLC074278	LADDERUP FINANCE LIMITED	Additional director	13/02/2015	13/02/2015	19/05/2015	Active	NO
7	U65990MH1993GOI075578	IDBI CAPITAL MARKET SERVICES LIMITED	Director	24/08/2015	25/03/2015	-	Active	NO
8	L60300MH1988PLC049019	RELIANCE INDUSTRIAL INFRASTRUCTURE LIMITED	Director	09/09/2015	26/03/2015	-	Active	NO
9	L65921HR1983PLC033789	CASTEX TECHNOLOGIES LIMITED	Additional director	27/03/2015	27/03/2015	-	Active	NO
10	L28910MH1977PLC019569	METALYST FORGINGS LIMITED	Additional director	27/03/2015	27/03/2015	-	Active	NO
11	L42274DL1997PLC270939	JMT AUTO LIMITED	Director	28/09/2015	27/03/2015	-	Active	NO
12	U70102PN2005PLC140660	KOLTE-PATIL I-VEN TOWNSHIPS (PUNE) LIMITED	Director	15/09/2015	31/03/2015	-	Active	NO
13	U65910AP1998PLC088941	JAIN SONS FINLEASE LIMITED	Director	27/05/2015	27/05/2015	-	Active	NO
14	U67190MH2008PLC181062	INDIA SME ASSET RECONSTRUCTION COMPANY LIMITED	Director	23/09/2015	25/06/2015	-	Active	NO
15	U65923MH2007PLC173923	RELIANCE PAYMENT SOLUTIONS LIMITED	Director	29/09/2015	04/09/2015	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Vimal Kaushik
Designation :	Chief Financial Officer
Address :	700, Sivilalainsa-2, Bulandshahr Tehsil, Bulandshahr - 203001, Uttar Pradesh, India
Date of Appointment :	24.11.2014
PAN No.:	AKSPK4967A
Name :	Bhavya Sehra
Designation :	Secretary
Address :	A-314, 1st Floor, New Panchwati Colony, Ghaziabad, 201001, Uttar Pradesh, India
Date of Appointment :	01.08.2015
PAN No.:	CXZPS8675R

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 30.09.2015

Category of Shareholders	No. of Shares	Percentage of Holding
(A) Shareholding of Promoter and Promoter Group
(1) Indian
Bodies Corporate	197676272	52.28
Sub Total	197676272	52.28
(2) Foreign
Total Shareholding of Promoter and Promoter Group (A)	197676272	52.28
(B) Public Shareholding
(1) Institutions
Mutual Funds / UTI	1620	0.00
Financial Institutions / Banks	1521082	0.40
Foreign Institutional Investors	78937779	20.88
Any Others (Specify)	6537620	1.73
Others	6537620	1.73
Sub Total	86998101	23.01
(2) Non-Institutions
Bodies Corporate	7630732	2.02
Individuals
Individual shareholders holding nominal share capital up to Rs. 0.100 Million	5341668	1.41
Individual shareholders holding nominal share capital in excess of Rs. 0.100 Million	1171378	0.31
Any Others (Specify)	79304687	20.97
Non Resident Indians	569800	0.15
Clearing Members	32965	0.01
Hindu Undivided Families	191840	0.05
Others	78510082	20.76
Sub Total	93448465	24.71
Total Public Shareholding (B)	180446566	47.72
Total (A)+(B)	378122838	100.00
(C) Shares held by Custodians and against which Depository Receipts have been issued
(1) Promoter and Promoter Group	0	0.00
(2) Public	0	0.00
Sub Total	0	0.00
Total (A)+(B)+(C)	378122838	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer of Automotive Components.

Products :

ITC Code No.	Product Descriptions
84089090	Auto Products and Connecting Rods Assly/ Piston Assly.

Brand Names :

--

Agencies Held :

--

Exports :

--

Imports :

--

Terms :

Selling :

Cash and Credit (30/ 60/ 90 Days)

Purchasing :

Cash and Credit (30/ 60/ 90 Days)

PRODUCTION STATUS: NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

Reference:	Daimler India Commercial Vehicles Private Limited
Name of the Person (Designation):	Not Divulged
Contact Number:	Not Divulged
Since how long known:	Not Divulged
Maximum limit dealt:	Not Divulged
Experience:	Not Divulged
Remark	Not Divulged

· Navistar

Customers :

End User and OEM’s

Reference:	Mahindra and Mahindra Limited
Name of the Person (Designation):	Not Divulged
Contact Number:	Not Divulged
Since how long known:	Not Divulged
Maximum limit dealt:	Not Divulged
Experience:	Not Divulged
Remark	Not Divulged

· Hyundai Motor Company

No. of Employees :

1000 (Approximately)

Bankers :

Bank Name:	Vijaya Bank
Branch:	Barakhamba Road Branch, Ground Floor, Vijaya Building, 17-Barakhamba Road, New Delhi - 110001, 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 A/C Opening):	Not Divulged
Average Balance Maintained (Optional):	Not Divulged
Credit Facilities Enjoyed (Cc/Od/Term Loan):	Cash/Credit = Rs. 1000.000 Million
Account Operation:	Not Divulged
Remarks:	Not Divulged

· UCO Bank

Flagship Corporate Branch, 5, Parliament Street, New Delhi - 110001, India

· Bank of India

New Delhi Large Corporate Branch, PTI Building, 4 Sansad Marg, New Delhi - 110001, India

· The Karur Vysya Bank Limited

882, Prithvinath Marg, East Park Road,, Karolbagh, New Delhi - 110005, India

· The Bank of Rajasthan

82, Janpath, New Delhi – 110001, India

· State Bank of Bikaner And Jaipur

G-72, Connought Circus, New Delhi – 110001, India

· Bank of Maharashtra

Building B-29, Connaught Place, New Delhi - 110001, India

· Andhra Bank

M-35, Connaught Circus, New Delhi - 110001, India

· Oriental Bank Of Commerce

Ground Floor and 1st Floor, E-Bock, Harsha Bhawan, Connaught Place, New Delhi - 110001, India

· Axis Bank Limited

2nd Floor, Red Fort Capital, Parsvnath Towers, Gole Market, Bhai Veer Singh Marg, New Delhi - 110001, India

· State Bank of Hyderabad

Core-6, Scope Complex, Lodhi Road, New Delhi - 110003, India

Facilities :

SECURED LOANS	30.09.2014 (Rs. In Million)	30.09.2013 (Rs. In Million)
LONG-TERM BORROWINGS
Non-convertible debentures others	2250.000	4000.000
Rupee term loans from banks	29598.956	20117.097
SHORT TERM BORROWINGS
Rupee term loans from banks	7828.586	4061.540
Total	39677.542	28178.637

Banking Relations :	--
Financial Institutions :	· L and T Finance Limited L and T House, Ballard Estate, Mumbai - 400001, Maharashtra , India · L and T Fincorp Limited L and T House, Ballard Estate, Mumbai - 400001, Maharashtra , India · IFCI Limited IFCI Tower, 61 Nehru Place, New Delhi - 110019, India
Auditors :
Name :	Manoj Mohan and Associates Chartered Accountants
Address :	F-18 A, Sector-27, Gurgaon, Haryana, India
Income-tax PAN of auditor or auditor's firm :	AAHFM2844H
Memberships :	--
Collaborators :	--
Holding Company:	Amtek Auto Limited (CIN No.: L27230HR1988PLC030333)
Subsidiary Company :	Amek Kupper GMBH
Associate Company :	Terrasoft Infosystems Private Limited (CIN No.:U72200HR2013PTC049106)
Joint Venture :	Amtek Riken Casting Private Limited (CIN No. : U35990DL2014PTC272515)

CAPITAL STRUCTURE

AFTER AS ON 31.12.2014

Authorised Capital : Rs. 950.000 Million

Issued, Subscribed & Paid-up Capital : Rs. 806.246 Million

AS ON 30.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
450,000,000	Equity Shares	Rs. 2/- each	Rs. 900.000 Million
500,000	Preference Shares	Rs. 100/- each	Rs. 50.000 Million
	Total		Rs. 950.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
277,957,390	Equity Shares	Rs. 2/- each	Rs. 555.915 Million

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	30.09.2014	30.09.2013	30.09.2012
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	555.915	555.069	553.551
(b) Reserves & Surplus	24249.192	21761.366	19614.034
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	0.000	500.000	0.000
Total Shareholders’ Funds (1) + (2)	24805.107	22816.435	20167.585
(3) Non-Current Liabilities
(a) Long-term borrowings	44036.106	37584.609	25116.420
(b) Deferred tax liabilities (Net)	4103.899	2975.379	2069.774
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	111.107	49.300	57.806
Total Non-current Liabilities (3)	48251.112	40609.288	27244.000
(4) Current Liabilities
(a) Short term borrowings	7828.586	4061.540	2960.358
(b) Trade payables	945.360	1097.095	928.870
(c) Other current liabilities	6092.739	2344.160	2109.890
(d) Short-term provisions	37.801	34.908	141.208
Total Current Liabilities (4)	14904.486	7537.703	6140.326
TOTAL	87960.705	70963.426	53551.911
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	55000.902	46885.237	26419.076
(ii) Intangible Assets	10.212	9.268	0.000
(iii) Capital work-in-progress	2144.633	4187.822	1096.899
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	2285.702	1185.890	0.775
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	5887.015	944.490	7027.407
(e) Other Non-current assets
Total Non-Current Assets	65328.464	53212.707	34544.157
(2) Current assets
(a) Current investments	3608.847	420.522	0.774
(b) Inventories	8632.990	5908.503	5436.131
(c) Trade receivables	6505.961	4215.957	4093.989
(d) Cash and cash equivalents	1500.441	5999.318	5649.650
(e) Short-term loans and advances	2376.388	1166.931	3817.126
(f) Other current assets	7.614	39.488	10.084
Total Current Assets	22632.241	17750.719	19007.754
TOTAL	87960.705	70963.426	53551.911

PROFIT & LOSS ACCOUNT

	PARTICULARS		30.09.2014	30.09.2013	30.09.2012
	SALES
		Revenue from Operations	29912.236	22980.967	18877.338
		Other Income	238.024	525.836	0.000
		TOTAL (A)	30150.260	23506.803	18877.338
Less	EXPENSES
		Cost of Materials Consumed	17857.303	13597.189	11450.820
		Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	(1096.585)	(133.980)	(188.847)
		Employees benefits expense	1093.451	988.812	660.348
		Exceptional Items	0.000	0.000	128.384
		Other expenses	2773.458	1542.970	1302.024
		TOTAL (B)	20627.627	15994.991	13352.729
	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		9522.633	7511.812	5524.609
Less	FINANCIAL EXPENSES (D)		3440.467	2378.790	1798.310
	PROFIT/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		6082.166	5133.022	3726.299
Less/ Add	DEPRECIATION/ AMORTISATION (F)		2474.957	2124.489	1469.634
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)		3607.209	3008.533	2256.665
Less	TAX (H)		1128.521	905.604	693.695
	PROFIT/ (LOSS) AFTER TAX (G-H) (I)		2478.688	2102.929	1562.970
	Earnings Per Share (Rs.)
	Basic		8.93	7.59	--
	Diluted		6.56	5.67	--

PARTICULARS	31.03.2015
Sales Turnover (Approximately)	40000.000

The above information has been parted by Mr. Vimal Kaushik (Chief Financial Officer)

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	30.09.2014	30.09.2013	30.09.2012
Current Maturities of Long term debt	4929.882	1013.578	360.000
Cash Generated from Operations	NA	NA	NA
Net Cash Flow from (used in) Operations	7349.285	10342.433	2682.586

KEY RATIOS

PARTICULARS		30.09.2014	30.09.2013	30.09.2012
Net Profit Margin (PAT / Sales)	(%)	8.29	9.15	8.28
Operating Profit Margin (PBDIT/Sales)	(%)	31.84	32.69	29.27
Return on Total Assets (PBT/Total Assets}	(%)	4.32	4.59	4.30
Return on Investment (ROI) (PBT/Networth)		0.15	0.13	0.11
Debt Equity Ratio (Total Debt/Networth)		2.09	1.83	1.39
Current Ratio (Current Asset/Current Liability)		1.52	2.35	3.10

STOCK PRICES

Face Value	Rs.2/-
Market Value	Rs.22.40/-

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	30.09.2012	30.09.2013	30.09.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	553.551	555.069	555.915
Reserves & Surplus	19614.034	21761.366	24249.192
Money received against share warrants	0.000	0.000	0.000
Share Application money pending allotment	0.000	500.000	0.000
Net worth	20167.585	22816.435	24805.107
Long-term borrowings	25116.420	37584.609	44036.106
Short term borrowings	2960.358	4061.540	7828.586
CURRENT MATURITIES OF LONG-TERM DEBTS	360.000	1013.578	4929.882
Total borrowings	28436.778	42659.727	56794.574
Debt/Equity ratio	1.410	1.870	2.290

YEAR-ON-YEAR GROWTH

Year on Year Growth	30.09.2012	30.09.2013	30.09.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	18877.338	22980.967	29912.236
		21.738	30.161

NET PROFIT MARGIN

Net Profit Margin	30.09.2012	30.09.2013	30.09.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	18877.338	22980.967	29912.236
Profit	1562.970	2102.929	2478.688
	8.28%	9.15%	8.29%

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check list by info agents	Available in Report (Yes/No)
1	Year of establishment	Yes
2	Constitution of the entity -Incorporation details	Yes
3	Locality of the entity	Yes
4	Premises details	No
5	Buyer visit details	--
6	Contact numbers	Yes
7	Name of the person contacted	Yes
8	Designation of contact person	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	No
13	Type of business	Yes
14	Line of Business	Yes
15	Export/import details (if applicable)	No
16	No. of employees	Yes
17	Details of sister concerns	Yes
18	Major suppliers	Yes
19	Major customers	Yes
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	Yes
35	Negative Reporting by Auditors in the Annual Report	No

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10598143	30/09/2015	192,200,000.00	BANK OF MAHARASHTRA	BUILDING B-29, CONNAUGHT PLACE, NEW DELHI - 110001, INDIA	C67591750
2	10599316	30/09/2015	900,000,000.00	BANK OF INDIA	NEW DELHI LARGE CORPORATE BRANCH, 10TH FLOOR, CHA  NDERLOK BUILDING, JANPATH, NEW, DELHI - 110001, INDIA	C68455195
3	10594052	28/09/2015	1,100,000,000.00	ANDHRA BANK	M-35, CONNAUGHT CIRCUS, NEW DELHI - 110001, INDIA	C65486359
4	10598659	28/09/2015	1,150,000,000.00	ORIENTAL BANK OF COMMERCE	GROUND FLOOR & 1ST FLOOR, E-BOCK,, HARSHA BHAWAN,  CONNAUGHT PLACE, NEW DELHI - 110001, INDIA	C67571158
5	10597678	28/09/2015	2,000,000,000.00	AXIS BANK LIMITED	2ND FLOOR, RED FORT CAPITAL, PARSVNATH TOWERS, GOLE MARKET, BHAI VEER SINGH MARG, NEW DELHI - 110001, INDIA	C67580498
6	10595641	24/09/2015	300,000,000.00	STATE BANK OF HYDERABAD	CORE-6, SCOPE COMPLEX, LODHI ROAD, NEW DELHI - 110003, INDIA	C66434341
7	10599663	24/09/2015	420,000,000.00	L & T FINANCE LIMITED	L&T HOUSE, BALLARD ESTATE, MUMBAI - 400001, MAHARASHTRA , INDIA	C68720911
8	10599673	24/09/2015	280,000,000.00	L&T FINCORP LIMITED	L & T HOUSE, BALLARD ESTATE, MUMBAI - 400001, MAHARASHTRA , INDIA	C68725985
9	10601718	24/09/2015	350,000,000.00	KARNATAKA BANK LIMITED	CORPORATE FINANCE BRANCH,, K- 13, CHOUDHARY BUIL  DING, CONNAUGHT CIRCUS, NEW DELHI - 110001,  INDIA	C69632362
10	10597287	23/09/2015	850,000,000.00	UNITED BANK OF INDIA	CORPORATE FINANCE BRANCH,, 106-109, ANSAL TOWER,  38. NEHRU PLACE, NEW, DELHI - 110019, INDIA	C67347211
11	10599313	22/09/2015	150,000,000.00	STATE BANK OF BIKANER AND JAIPUR	101-102, NEW DELHI HOUSE, 27 BARAKHAMBA ROAD, NEW DELHI - 110001, INDIA	C68198803
12	10592242	21/09/2015	1,400,000,000.00	IDBI BANK LIMITED	RED CROSS SOCIETY, BUILDING 1, RED CROSS ROAD, PO  ST BOX NUMBER 231, NEW DELHI - 110001, INDIA	C64758204
13	10594949	19/09/2015	300,000,000.00	CTBC BANK CO. LIMITED	UPPER GROUND FLOOR, BIRLA TOWER,, 25 BARAKHAMBA R  OAD, NEW DELHI - 110001, INDIA	C66075409
14	10595353	16/09/2015	500,000,000.00	THE BANK OF NOVA SCOTIA	DR. GOPALDAS BHAWAN, 28, BARAKHAMBA ROAD, NEW DELHI - 110001, INDIA	C66415308
15	10585939	20/07/2015	125,000,000.00	TAMILNAD MERCANTILE BANK LIMITED	384-390, FIRST FLOOR,, LOKE NATH BUILDING, CHANDN  I CHOWK, NEW DELHI - 110006, INDIA	C61681946
16	10576827	30/06/2015	1,100,000,000.00	STATE BANK OF MYSORE	F-6,UPPER GROUND FLOOR,, EAST OF KAILASH,LALA LAJ  PAT RAI MARG, NEW DELHI - 110065, INDIA	C57397093
17	10585225	29/06/2015	150,000,000.00	BANK OF MAHARASHTRA	B BLOCK, CONNAUGHT PLACE, NEW DELHI - 110001, INDIA	C61210449
18	10556865	23/03/2015	1,500,000,000.00	IFCI LIMITED	IFCI TOWER, 61 NEHRU PLACE, NEW DELHI - 110019, INDIA	C47649728
19	10568399	09/03/2015	1,500,000,000.00	UNITED BANK OF INDIA	106-109 ANSAL TOWER, 38 NEHRU PLACE, NEW DELHI - 110019, INDIA	C53149225
20	10541027	27/12/2014 *	4,000,000,000.00	AXIS TRUSTEE SERVICES LIMITED	2ND FLOOR, AXIS HOUSE, BOMBAY DYEING MILLS, COMPO  UND, PANDURANG BUDHKAR MARG, WORLI - 400005, MAHARASHTRA, INDIA	C42859140
21	10538806	25/10/2014	2,000,000,000.00	CORPORATION BANK CORPORATE BANKING BRANCH	10TH, FLOOR, H.T.HOUSE, 18/20,K.G.MARG,CONNAUGHT  PLACE, NEW DELHI - 110001, INDIA	C38180873
22	10526845	21/10/2014	13,230,000,000.00	AXIS TRUSTEE SERVICES LIMITED	AXIS HOUSE, 2ND FLOOR, C-2 BOMBAY DYEING MILLS, C  OMPOUND, PANDURANG BUDHKAR MARG, WORLI, MUMBAI - 400025, MAHARASHTRA, INDIA	C30407084
23	10524927	22/08/2014	1,000,000,000.00	CENTRAL BANK OF INDIA	JEEVAN TARA BUILDING, 5 PARLIAMENT STREET, NEW DE  LHI, NEW DELHI - 110001, INDIA	C28642007
24	10520203	28/06/2014	750,000,000.00	STATE BANK OF MYSORE	CORPORATE ACCOUNTS BRANCH, F-6 UPPER GROUND FLOOR,  EAST OF KAILASH, LALA LAJPAT RAI MARG, DE  LHI - 110065, INDIA	C20848636
25	10513364	26/05/2014	1,500,000,000.00	CANARA BANK	PRIME CORPORATE BRANCH CANNAUGHT PLACE BRANCH, WO  RLD TRADE TOWER BARAKHAMBHA LANE, NEW DELHI  - 110001, INDIA	C15349426
26	10483875	06/03/2014	2,000,000,000.00	ALLAHABAD BANK	INDUSTRIAL FINANCE BRANCH, 2ND FLOOR, 17, PARLIAMENT STREET, NEW DELHI - 110001, INDIA	C00067439
27	10519741	10/09/2014 *	1,000,000,000.00	LIFE INSURANCE CORPORATION OF INDIA	CENTRAL OFFICE, INVESTMENT DEPARTMENT,6TH FLOOR, WEST WING, "YOGAKSHEMA", JEEVAN BIMA MARG, MUMBAI - 400021,  MAHARASHTRA, INDIA	C21433180
28	10525793	31/12/2013	1,000,000,000.00	STATE BANK OF HYDERABAD	CORE-6, SCOPE COMPLEX, LODHI ROAD, NEW DELHI - 110003, INDIA	C29609914
29	10469339	10/09/2014 *	2,500,000,000.00	BANK OF MAHARASHTRA	BUILDING B-29 CONNAUGHT PLACE, NEW DELHI - 110001, INDIA	C21620034
30	10469308	17/08/2015 *	3,500,000,000.00	STATE BANK OF INDIA	INDUSTRIAL FINANCE BRANCH, 14TH FLOOR JAWAHAR VYA  PAR BHAWAN 1, TOLSTOY MARG, NEW DELHI - 110001, INDIA	C63968614

* Date of charge modification

UNSECURED LOANS

PARTICULARS	30.09.2014 (Rs. In Million)	30.09.2013 (Rs. In Million)
LONG-TERM BORROWINGS
Fully convertible debentures others	12187.150	12467.512
Rupee term loans from banks	0.000	1000.000
Total	12187.15	13467.512

FINANCIAL PERFORMANCE

Operating in a volatile and uncertain environment, the Company demonstrated the resilience of it business model. The Company’s best in-class automotive component business enabled it to deliver robust profits during the financial year under review. The revenue of the Company is Rs. 30150.260 Million compared to Rs.23506.803 Million during the previous year. The Profit after tax Rs. 2478.689 Million as compared to the previous year of Rs. 2102.929 Million. The Company has a strong Reserve & Surplus position of Rs. 24249.192 Million.

STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2015

PART I

(Rs. in Million)

	Particulars	Quarter Ended		9 Months ended
		Unaudited 30.06.2015	Unaudited 31.03.2015	Unaudited 30.06.2015
1.	Income from operations
	a) Net Sales/Income from operations (net of excise duty)	6526.000	7167.0000	21419.200
	b) Other operating income	13.100	261.300	762.300
	Total Income from Operations (net)	6539.100	7428.300	22181.500
2.	Expenses
	a) Cost of Materials Consumed	4809.400	6769.800	16181.800
	b) Purchase of traded goods	0.000	0.000	0.000
	c) Changes in inventories of finished goods, work-in-progress and traded goods	(507.900)	(2285.900)	(2938.600)
	d) Employee benefits expense	191.900	264.700	749.200
	e) Depreciation and amortisation expense	905.000	829.700	2555.500
	f) Other expenses	683.700	671.800	2064.100
	Total Expenses	6082.100	6250.100	18612.000
3.	Profit/(Loss) from Operations before other income, Interest, finance costs and exceptional Items (1-2)	457.000	1178.200	3569.500
4.	Other Income	0.000	0.000	0.000
5.	Profit/(Loss) from ordinary activities before finance costs and exceptional Items (3+4)	457.000	1178.200	3569.500
6.	Finance costs	1806.200	1127.500	4026.900
7.	Profit/(Loss) from ordinary activities after finance costs but before exceptional Items (5-6)	(1349.200)	50.700	(457.400)
8.	Exceptional Items	251.800	0.000	251.800
9.	Profit/(Loss) from ordinary activities before tax (7-8)	(1601.000)	50.700	(709.200)
10.	Tax expense	(545.200)	16.900	(236.400)
11.	Profit/(Loss) from ordinary activities after tax (9+10)	(1055.800)	33.800	(472.800)
12.	Extraordinary items (net of tax expenses)
13.	Net profit /Loss for the period (11-12)	(1055.800)	33.800	(472.800)
14.	Share of Profit/(Loss) associates	0.000	0.000	0.000
15.	Minority Interest	0.000	0.000	0.000
16.	Net Profit/ (Loss) After Taxes Minority Interest and Share of Profit/(Loss) of Associates (13+14-15)	(1055.800)	33.800	(472.800)
17.	Paid-up Eq. Share Capital (Face Value of Equity Shares: Rs.2/- each)	608.900	555.900	608.900
18.	Reserves excluding Revaluation Reserve reserves per balance sheet of previous accounting year
19(i).	Earnings Per Share (EPS) before extra-ordinary items
	a) Basic Diluted	(3.79)	0.12	(1.69)
	b) Diluted	(3.79)	0.12	(1.69)
19(ii).	Earnings Per Share (EPS) before extra-ordinary items
	a) Basic Diluted	(3.79)	0.12	(1.69)
	b) Diluted	(3.79)	0.12	(1.69)
PART II SELECT INFORMATION FOR THE QUARTER ENDED 30.06.2015
A.	PARTICULARS OF SHAREHOLDING (the details related only to share of the company)			30.06.2015
1.	Public Shareholding
	- Number of Shares			106780817
	- Percentage of Shareholding			35.07
2.	Promoter and Promoter Group
	a) Pledged/Encumbered
	- Number of Shares			9576000
	-Percentage of Shares (as a % of the total shareholding of promoter and promoter group)			4.84
	-Percentage of Shares (as a % of the total share capital of the Company)			3.15
	b) Non-Encumbered
	- Number of Shares			188100272
	-Percentage of Shares (as a % of the total shareholding of promoter and promoter group)			95.16
	-Percentage of Shares (as a % of the total share capital of the Company)			61.78
	Particulars			30.06.2015 (3 Month ended)
B.	INVESTOR COMPLAINTS
	Pending at the beginning of the quarter			--
	Received during the quarter			0
	Disposed of during the quarter			0
	Remaining unresolved at the end of the quarter			--
NOTE: 1 The above results duly reviewed by the Audit Committee have been approved by the Board of Directors at its meeting held on 14th August, 2015. 2. The Limited Review as required under Clause 41 of the Listing Agreement has been completed by the Auditors of the Company and related report is being submitted to the concerned Stock Exchanges. 3. Previous year’s figures have been regrouped and reclassified, to the extent necessary, to conform to the current year’s figures. 4. The Inapplicable Items in the format of the above results as per Annexure 1 to Clause 41 of the Listing Agreement have not been disclosed. 5. During the period under review Foreign Currency Convertible Bonds (FCCB) of US $ 45 Million have been converted Into 21945988 Equity Shares out of US $ 130 Million FCCB Issue and further FCCB of US $ 8.4 Million have converted Into 4553711 Equity Shares out of US $ 70 Million FCCB Issue. 6. Segment Reporting as defined In Accounting Standard (AS)-17 is not applicable, since the entire operations of the company relate to only one segment i.e. Automotive Components.

FIXED ASSETS:

· Land

· Buildings

· Plant and Equipment

· Furniture and Fixtures

· Vehicles

· Office Equipment

PRESS RELEASES

AMTEK AUTO DEFAULTS ON RS 800 CRORE BOND PAYMENT

MUMBAI: Amtek Auto has missed payments on the Rs 800 crore worth of bonds that matured on Monday, potentially exposing the Indian banking system to a near Rs 8,000 crore of loans which may have to be classified as bad loans if the company does not quickly make payments, said three persons familiar with the developments.

The auto component maker which was to redeem the five-year bonds did not make the payments till the end of day, said those people who did not want to be identified. The company is negotiating with banks for more than Rs 1,000 crore of loans to repay bond holders, including JPMorgan Mutual Fund which had restricted withdrawals from two of its funds because of the Amtek bond ownership.

The fund house is said to be exploring legal options against Amtek Auto. "Today is the due day, however we have another 90 days to recover dues,'' said one of the bankers."The negotiations are on with the company. We are optimistic that a midway solution would be worked out between banks and the company." "We are still in talks with the bankers to find a solution. That's the status.

We've been on a conference call for past three hours with bankers (for a solution) and we'll find one tonight," said Arvind Dham, chairman, Amtek Auto, when asked about the default.

Amtek may stand out among the biggest corporate bond defaults in years as its acquisition binge squeezed its cash flows. This could set the clock back on the development of the Indian bond market which is essential for the development of infrastructure. In fact, Reserve Bank of India Governor Raghuram Rajan has been pushing for companies to move away from banks and into the bond market so that the risk in the banking system comes down.

There are more than 80 investors, including Axis Bank, Karur Vysya, Syndicate, Corporation Bank and some pension funds which own the bonds of Amtek. Close to 32 banks have an exposure of over Rs 15,000 crore to the Amtek Group in the form of loans and bonds, including an exposure of around Rs 8,000 crore to Amtek Auto alone. If the company fails to pay its due till 91 day from the due date, banks will have to classify not just their exposure to bonds but also their loans as sub-standard or non-performing and set aside 15% as provisions.

Among banks, IDBI Bank, State Bank of India, Axis Bank, ICICI Bank, Bank of Baroda Bank of Maharashtra and UCO Bank have exposure in form of loan to the company. The Gurgaon-based company also has a portion of its Rs 200-crore, 10-year bonds maturing in October, in which too it could fail to meet its obligations, they said.

AMTEK AUTO PLEDGES ADDITIONAL 4.37% IN CASTEX TECH

Taken together, more than 1.56 crore shares were pledged with Allahabad Bank and State Bank of Bikaner and Jaipur on September 21 and September 28, respectively, according to regulatory filings by castex.

Debt-ridden Amtek Auto has pledged an additional 4.37 per cent stake in its subsidiary Castex Technologies towards short-term borrowing needs.

Taken together, more than 1.56 crore shares were pledged with Allahabad Bank and State Bank of Bikaner & Jaipur on September 21 and September 28, respectively, according to regulatory filings by Castex.

While the Delhi-based auto component maker pledged 96.27 lakh shares with Allahabad Bank, 60.50 lakh shares were marked with State Bank of Bikaner & Jaipur.

Last month, Castex, which is being investigated by capital markets regulator Sebi over possible rigging of share price, had completed conversion of its $70 million FCCB into equity.

In September, Sebi started an investigation into possible rigging of Castex Technologies’ share price through forcible conversion of foreign bonds.

It was alleged by some bondholders that efforts were being made to rig the share price of Castex by forcibly asking investors to convert their bonds.

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.65.98
UK Pound	1	Rs.100.11
Euro	1	Rs.70.35

INFORMATION DETAILS

Information Gathered by :	PPT
Analysis Done by :	AMR
Report Prepared by :	ARC

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILIRY	1~10	4
--LIQUIDITY	1~10	4
--LEVERAGE	1~10	4
--RESERVES	1~10	4
--CREDIT LINES	1~10	4
--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	YES
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		36

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.