MIRA INFORM REPORT

Report No. :	349991
Report Date :	19.11.2015

IDENTIFICATION DETAILS

Name :	DLF BRANDS LIMITED [w.e.f. 21.04.2009]
Formerly Known As :	DLF BRANDS PRIVATE LIMITED [w.e.f 31.03.2009] DLF RETAIL BRANDS PRIVATE LIMITED [w.e.f. 20.12.2007] ALTON BUILDERS AND DEVELOPERS PRIVATE LIMITED
Registered Office :	1E, Jhandewalan Extension, Naaz Cinema Complex, New Delhi - 110055
Tel. No.:	Not Available
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	10.03.2006
Com. Reg. No.:	55-147368
Capital Investment / Paid-up Capital :	Rs. 2436.000 Million
CIN No.: [Company Identification No.]	U45201DL2006PLC147368
IEC No.:	0508009448
TAN No.: [Tax Deduction and Collection Account No.]	DELD10361B
PAN No.: [Permanent Account No.]	AAFCA7971E
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Retail Trade of Men Women Garments, Fabric, Kids Wear.
No. of Employees :	1500 (Approximately)

RATING and COMMENTS

MIRA’s Rating :

Ca (12)

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 2006. It is engaged into business of retailing luxury and lifestyles brands. The company operates as a subsidiary of DLF Limited. For the year 2014, the company has reported accumulated losses from its operations along with huge borrowings. The company has eroded net worth base marked by decline in its cash accruals and poor liquidity ratio. Trade relations are reported to be fair. Business is active. Payments are slow and delayed. In view of weak financial condition, the company can be considered for business on fully 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 BY

Name :	Mr. Rohit Goyal
Designation :	Manager
Contact No.:	91-124-4855800
Date :	17.11.2015

LOCATIONS

Registered Office :	1E, Jhandewalan Extension, Naaz Cinema Complex, New Delhi - 110055, India
Tel. No.:	Not Available
Fax No.:	Not Available
E-Mail :	shalini@dlfbrand.in kepl.rohit@gmail.com
Website :	http://www.dlf.in
Corporate Office :	DLF City, Phase III, 15^th Floor, Tower A, Building No. 5, DLF Cyber Terraces, Gurgaon - 122202, Haryana, India
Tel. No.:	91-124-4855800
Fax No.:	91-124-4855900
E-Mail :	corporateaffairs@dlfbrand.in

DIRECTORS

AS ON 31.03.2015

Name :

Mr. Sunil Kumar Pandey

Designation :

Director

Address :

1167, Sector-21, Gurgaon - 122016, Haryana, India

Date of Birth/Age :

29.05.1970

Date of Appointment :

10.03.2006

DIN No.:

00003371

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	U70101DL2005PTC143579	SUMEDHA HOMES PRIVATE LIMITED	Director	18/09/2006	17/02/2006	-	Strike off	NO
2	U45201DL2005PTC143635	ALOKI REAL ESTATE DEVELOPERS PRIVATE LIMITED	Director	18/09/2006	17/02/2006	-	Strike off	NO
3	U45201DL2005PTC143634	AVINASHI BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	18/09/2006	17/02/2006	-	Strike off	NO
4	U70101DL2005PTC143560	DHYAN CONSTRUCTIONS PRIVATE LIMITED	Director	18/09/2006	17/02/2006	-	Strike off	NO
5	U45201DL2005PTC143792	GULIKA HOME DEVELOPERS PRIVATE LIMITED	Director	17/02/2006	17/02/2006	-	Amalgamated	NO
6	U45201DL2005PTC143652	GANIKA BUILDERS PRIVATE LIMITED	Director	17/02/2006	17/02/2006	-	Amalgamated	NO
7	U45201DL2005PTC143799	KAMINI HOME DEVELOPERS PRIVATE LIMITED	Director	17/02/2006	17/02/2006	-	Strike off	NO
8	U72900DL2005PTC143794	FALGUNI BUILDERS PRIVATE LIMITED	Director	17/02/2006	17/02/2006	-	Amalgamated	NO
9	U45201DL2005PTC143656	ABHIRAJ REAL ESTATE PRIVATE LIMITED	Director	17/02/2006	17/02/2006	-	Active	NO
10	U70101DL2005PTC143627	ANANTI BUILDERS and CONSTRUCTION PRIVATE LIMITED	Director	17/02/2006	17/02/2006	18/05/2010	Active	NO
11	U74899DL2005PTC143655	AADARSHINI REAL ESTATE DEVELOPERS PRIVATE LIMITED	Director	17/02/2006	17/02/2006	23/01/2012	Active	NO
12	U45201DL2006PTC147174	Lysander Builders and Developers Private Limited	Director	07/03/2006	07/03/2006	13/09/2007	Amalgamated	NO
13	U45201DL2006PTC147207	CIEL BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	07/03/2006	07/03/2006	12/09/2007	Amalgamated	NO
14	U45201DL2006PTC147180	AMISTAD BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	07/03/2006	07/03/2006	13/10/2007	Amalgamated	NO
15	U45201DL2006PTC147217	ALITA BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	07/03/2006	07/03/2006	12/09/2007	Amalgamated	NO
16	U45201DL2006PTC147216	ADONCIA BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	07/03/2006	07/03/2006	13/10/2007	Active	NO
17	U45201DL2006PLC147225	CYRILLA BUILDERS and CONSTRUCTIONS LIMITED	Director	07/03/2006	07/03/2006	11/12/2008	Amalgamated	NO
18	U45201DL2006PTC147177	MONTAGUE BUILDERS and CONSTRUCTIONS PRIVATE LIMITED	Director	07/03/2006	07/03/2006	15/10/2007	Amalgamated	NO
19	U45201DL2006PTC147212	MADEIRA BUILDERS and CONSTRUCTION PRIVATE LIMITED	Director	07/03/2006	07/03/2006	15/10/2007	Amalgamated	NO
20	U45201DL2006PTC147277	AMANDLA BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	09/03/2006	09/03/2006	13/10/2007	Active	NO
21	U45201DL2006PTC147278	TANIRIKA ESTATE DEVELOPERS PRIVATE LIMITED	Director	09/03/2006	09/03/2006	-	Amalgamated	NO
22	U45201DL2006PTC147387	TUSTI BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	10/03/2006	10/03/2006	-	Active	NO
23	U45201DL2006PTC147325	ALYN BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	10/03/2006	10/03/2006	-	Amalgamated	NO
24	U45201DL2006PTC147388	CITCIA BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	10/03/2006	10/03/2006	-	Amalgamated	NO
25	U45201DL2006PTC147349	VKARMA CAPITAL INVESTMENT MANAGEMENT COMPANY PRIVATE LIMITED.	Director	10/03/2006	10/03/2006	-	Active	NO
26	U45201DL2006PTC147389	MUADH BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	10/03/2006	10/03/2006	-	Amalgamated	NO
27	U45201DL2006PLC147368	DLF BRANDS LIMITED	Director	10/03/2006	10/03/2006	-	Active	NO
28	U45201DL2006PTC147350	GEOCITIES AIRPORT INFRASTRUCTURES PRIVATE LIMITED	Director	10/03/2006	10/03/2006	27/12/2007	Amalgamated	NO
29	U45201DL2006PTC147354	CIAN RETAIL PRIVATE LIMITED	Director	05/09/2007	10/03/2006	30/09/2013	Active	NO
30	U45201DL2006PTC147362	ANNABEL BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	10/03/2006	10/03/2006	17/11/2008	Active	NO
31	U45201DL2006PTC147361	MUJADDID BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	10/03/2006	10/03/2006	03/12/2010	Active	NO
32	U45201DL2006PTC147486	CONSUELO BUILDERS and CONSTRUCTIONS PRIVATE LIMITED	Director	14/03/2006	14/03/2006	08/10/2007	Amalgamated	NO
33	U45201DL2006PTC147551	MUHSIN REAL ESTATES PRIVATE LIMITED	Director	16/03/2006	16/03/2006	10/10/2007	Amalgamated	NO
34	U45201DL2006PTC147555	MUALLIM BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	16/03/2006	16/03/2006	09/10/2007	Amalgamated	NO
35	U45201DL2006PTC147534	ABHAYNANDA ESTATE DEVELOPERS PRIVATE LIMITED	Director	16/03/2006	16/03/2006	08/10/2007	Amalgamated	NO
36	U45201DL2006PTC147548	AAGNEY ESTATE DEVELOPERS PRIVATE LIMITED	Director	16/03/2006	16/03/2006	-	Amalgamated	NO
37	U45201DL2006PTC147786	MUBALLIGH BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	21/03/2006	21/03/2006	09/10/2007	Amalgamated	NO
38	U45201DL2005PTC135518	PROWESS BUILDCON PRIVATE LIMITED	Director	26/10/2006	29/03/2006	21/06/2010	Amalgamated	NO
39	U45201DL2006PTC148150	LIVANA BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	31/03/2006	31/03/2006	-	Active	NO
40	U45200DL2007PTC158524	BERYL BUILDERS and CONSTRUCTIONS PRIVATE LIMITED	Additional director	01/03/2011	01/03/2011	-	Strike off	NO
41	U45200DL2007PTC158240	DINKY BUILDERS and DEVELOPERS PRIVATE LIMITED	Additional director	01/03/2011	01/03/2011	-	Strike off	NO
42	U45200DL2007PTC158511	DILLY BUILDERS and DEVELOPERS PRIVATE LIMITED	Additional director	01/03/2011	01/03/2011	-	Strike off	NO
43	U45200DL2006PTC155606	ELANOR BUILDERS and DEVELOPERS PRIVATE LIMITED	Additional director	23/03/2011	23/03/2011	-	Strike off	NO

Name :

Pia Singh

Designation :

Director

Address :

14, Aurangzeb Road, New Delhi - 110011, Delhi, India

Date of Birth/Age :

26.12.1970

Date of Appointment :

29.09.2009

DIN No.:

00067233

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	U74899DL1988PTC030945	UTTAM BUILDERS AND DEVELOPERS PRIVATE LIMITED	Director	10/12/1992	10/12/1992	17/12/2010	Active	NO
2	U45201DL1988ULT031096	TRINITY HOUSING AND CONSTRUCTION COMPANY ( PRIVATE COMPANY WITH ULT LIAB)	Director	10/12/1992	10/12/1992	17/12/2010	Active	NO
3	U74899DL1988PTC030943	HITECH PROPERTY DEVELOPERS PRIVATE LIMITED	Director	10/12/1992	10/12/1992	17/12/2010	Active	NO
4	U74899DL1988PTC030946	SOLACE HOUSING AND CONSTRUCTION PRIVATE LIMITED	Director	10/12/1992	10/12/1992	-	Active	NO
5	U74899DL1955PTC002592	NORTHERN INDIA THEATRES PRIVATE LIMITED	Director	10/12/1992	10/12/1992	-	Active	NO
6	U74899DL1988PTC030947	SUKH SANSAR HOUSING PRIVATE LIMITED	Director	10/12/1992	10/12/1992	-	Active	NO
7	U00000DL1988PTC030949	PUSHPAK BUILDERS AND DEVELOPERS PRIVATE LIMITED	Director	10/12/1992	10/12/1992	-	Active	NO
8	U45201DL1988ULT031091	ARIHANT HOUSING COMPANY (A PRIVATE COMPANY WITH UNLIMITED LIABILITY)	Director	10/12/1992	10/12/1992	-	Active	NO
9	U74120DL1967PTC004795	Prem Traders Private Limited	Director	10/12/1992	10/12/1992	-	Converted to LLP	NO
10	U74900DL1973PTC006832	Jhandewalan Ancillaries Private Limited	Director	10/12/1992	10/12/1992	-	Converted to LLP and dissolved	NO
11	U70101DL1988ULT031093	UTTAM REAL ESTATES COMPANY ( PRIVATE COMPANY WITH UNLIMITED LIABILITY)	Director	10/12/1992	10/12/1992	17/12/2010	Active	NO
12	U74999DL1973PTC006968	RAISINA AGENCIES PRIVATE LIMITED	Director	24/06/1994	24/06/1994	04/02/2008	Converted to LLP	NO
13	U74899DL1971PTC005568	DLF INVESTMENTS PRIVATE LIMITED	Director	24/06/1994	24/06/1994	17/12/2010	Active	NO
14	U74899DL1988PTC030951	ANUBHAV APARTMENTS PRIVATE LIMITED	Director	19/01/1996	19/01/1996	14/02/2008	Active	NO
15	L70101HR1963PLC002484	DLF Limited	Director	20/05/2015	18/02/2003	-	Active	NO
16	U65993HR1980PLC034800	DLF UNIVERSAL LIMITED..	Director	13/08/2007	13/08/2004	26/07/2010	Active	NO
17	U45201DL2006PLC147368	DLF BRANDS LIMITED	Director	29/09/2009	06/03/2009	-	Active	NO
18	U45209DL2007PTC161760	RHEA RETAIL PRIVATE LIMITED	Director	18/03/2010	18/03/2010	17/03/2015	Active	NO
19	U45400DL2007PTC161528	JUNO RETAIL PRIVATE LIMITED	Director	31/08/2010	31/08/2010	17/03/2015	Active	NO
20	U74899DL1988PTC030950	SUDARSHAN ESTATES PRIVATE LIMITED	Director	28/09/2011	11/02/2011	-	Converted to LLP and dissolved	NO
21	U74899DL1988ULT031095	SAMBHAV HOUSING AND DEVELOPMENT COMPANY (PVT.CO.WITH ULT LIAB)	Director	23/09/2011	14/03/2011	-	Active	NO
22	U45201DL1988ULT031999	MADHUKAR HOUSING AND DEVELOPMENT COMPANY (A PRIVATE COMPANY WITH UNLIMITED LIABILITY)	Director	23/09/2011	14/03/2011	-	Active	NO
23	U45201DL1988ULT031094	UDYAN HOUSING AND DEVELOPMENT COMPANY (PVT.CO.WITH ULT LIAB)	Director	23/09/2011	14/03/2011	-	Active	NO
24	U45201DL2006PTC147357	Herminda Builders and Developers Private Limited	Director	23/09/2011	14/03/2011	-	Active	NO
25	U74899DL1988PTC030944	EXCEL HOUSING CONSTRUCTION PVT LTD	Director	23/09/2011	14/03/2011	30/03/2012	Converted to LLP	NO
26	U80900DL2011PTC227374	Skills Academy Private Limited	Director	14/11/2011	14/11/2011	-	Active	NO
27	U22190HR2012PTC046708	YOGANANDA FILMS PRIVATE LIMITED	Director	17/09/2012	17/09/2012	-	Active	NO
28	U45209DL2007PTC161789	Ishtar Retail Private Limited	Director	02/09/2013	23/01/2013	-	Active	NO
29	U74920DL1999PTC175236	SUPER MART TWO PROPERTY MANAGEMENT SERVICES PRIVATE LIMITED	Director	25/06/2013	14/05/2013	-	Converted to LLP and dissolved	NO
30	U80903DL2013NPL261186	SKILLS FOR INDIA	Director	27/11/2013	27/11/2013	-	Active	NO
31	U85100DL2009PTC191587	SKILLS EDUCATION PRIVATE LIMITED	Director	26/09/2014	14/08/2014	-	Active	NO
32	AAB-4590	PREM TRADERS LLP	Designated Partner	12/04/2013	12/04/2013	-	Active	NO
33	AAB-5427	JHANDEWALAN ANCILLARIES LLP	Designated Partner	24/05/2013	24/05/2013	-	Active	NO
34	AAB-6988	SUPER MART TWO PROPERTY MANAGEMENT SERVICES LLP	Designated Partner	08/08/2013	08/08/2013	-	Active	NO
35	AAC-3102	SUDARSHAN ESTATES LLP	Body corporate as Designated Partner	20/05/2014	20/05/2014	-	Active	NO

Name :

Mr. Lovekush Sharma

Designation :

Director

Address :

C-238-A, Shalimar Garden, Extension II, Sahibabad - 201005, Uttar Pradesh, India

Date of Birth/Age :

09.03.1965

Date of Appointment :

30.09.2011

DIN No.:

00003395

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	U45201DL2006PTC147224	PREWITT BUILDERS and CONSTRUCTIONS PRIVATE LIMITED	Director	07/03/2006	07/03/2006	15/10/2007	Active	NO
2	U45201DL2006PTC147206	ORANE BUILDERS and CONSTRUCTIONS PRIVATE LIMITED	Director	07/03/2006	07/03/2006	15/10/2007	Amalgamated	NO
3	U45201DL2006PTC147212	MADEIRA BUILDERS and CONSTRUCTION PRIVATE LIMITED	Director	07/03/2006	07/03/2006	15/10/2007	Amalgamated	NO
4	U45201DL2006PTC147213	ODETTE BUILDERS and CONSTRUCTIONS PRIVATE LIMITED	Director	07/03/2006	07/03/2006	15/10/2007	Amalgamated	NO
5	U45201DL2006PTC147221	IALETA BUILDERS and CONSTRUCTIONS PRIVATE LIMITED	Director	07/03/2006	07/03/2006	13/10/2007	Amalgamated	NO
6	U45201DL2006PTC147215	Hermelinda Builders and Developers Private Limited	Director	07/03/2006	07/03/2006	13/10/2007	Amalgamated	NO
7	U45201DL2006PTC147178	NERICE BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	07/03/2006	07/03/2006	13/09/2007	Amalgamated	NO
8	U45201DL2006PTC147285	Isabel Builders and Developers Private Limited	Director	09/03/2006	09/03/2006	18/11/2008	Active	NO
9	U45201DL2006PTC147281	Galvin Builders and Developers Private Limited	Director	09/03/2006	09/03/2006	-	Active	NO
10	U45201DL2006PTC147279	Denton Builders and Developers Private Limited	Director	09/03/2006	09/03/2006	15/04/2011	Amalgamated	NO
11	U45201DL2006PTC147277	Amandla Builders and Developers Private Limited	Director	09/03/2006	09/03/2006	13/10/2007	Active	NO
12	U45201DL2006PLC147283	ARNON BUILDERS and DEVELOPERS LIMITED	Director	09/03/2006	09/03/2006	08/10/2007	Active	NO
13	U45201DL2006PTC147386	DLF NEW GURGAON OFFICES DEVELOPERS PRIVATE LIMITED	Additional director	10/03/2006	10/03/2006	02/05/2007	Amalgamated	NO
14	U45201DL2006PLC147368	DLF BRANDS LIMITED	Director	30/09/2011	10/03/2006	-	Active	NO
15	U45201DL2006PTC147328	Elton Builders and Developers Private Limited	Director	10/03/2006	10/03/2006	-	Amalgamated	NO
16	U45201DL2006PTC147352	Rochelle Builders and Constructions Private Limited	Director	10/03/2006	10/03/2006	-	Active	NO
17	U45201DL2006PTC147388	Citcia Builders and Developers Private Limited	Director	10/03/2006	10/03/2006	-	Amalgamated	NO
18	U45201DL2006PTC147372	Rosalind Builders and Constructions Private Limited	Director	10/03/2006	10/03/2006	04/11/2014	Active	NO
19	U45201DL2006PTC147359	Chandrajyoti Estate Developers Private Limited	Director	10/03/2006	10/03/2006	23/12/2008	Active	NO
20	U45201DL2006PTC147356	Caprice Builders AND Constructions Private Limited	Director	10/03/2006	10/03/2006	03/12/2010	Active	NO
21	U45201DL2006PTC147348	Ardara Builders and Developers Private Limited	Director	10/03/2006	10/03/2006	15/04/2011	Amalgamated	NO
22	U45201DL2006PLC147364	UDIPTI ESTATE DEVELOPERS LIMITED	Director	10/03/2006	10/03/2006	01/11/2007	Amalgamated	NO
23	U45201DL2006PLC147484	DLF CONSTRUCTION LIMITED	Director	14/03/2006	14/03/2006	11/02/2008	Amalgamated	NO
24	U45201DL2006PTC147534	Abhaynanda Estate Developers Private Limited	Director	16/03/2006	16/03/2006	08/10/2007	Amalgamated	NO
25	U45201DL2006PTC147550	Shri Gurnam Builders and Developers Private Limited	Director	16/03/2006	16/03/2006	10/10/2007	Amalgamated	NO
26	U45201DL2006PTC147640	TAPESENDRA ESTATE DEVELOPERS PRIVATE LIMITED	Director	17/03/2006	17/03/2006	10/10/2007	Amalgamated	NO
27	U45201DL2006PTC147778	PURANDAR ESTATES DEVELOPERS PRIVATE LIMITED	Director	21/03/2006	21/03/2006	10/10/2007	Active	NO
28	U45201DL2006PTC147793	EUPHEMIA BUILDERS AND DEVELOPERS PRIVATE LIMITED	Director	21/03/2006	21/03/2006	08/10/2007	Amalgamated	NO
29	U45201DL2006PTC147791	HARINAKSHI ESTATES DEVELOPERS PRIVATE LIMITED	Director	21/03/2006	21/03/2006	09/10/2007	Active	NO
30	U45201DL2006PTC147877	SANSITA ESTATE DEVELOPERS PRIVATE LIMITED	Director	23/03/2006	23/03/2006	10/10/2007	Amalgamated	NO
31	U45201DL2006PTC147932	MARISHA BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	23/03/2006	23/03/2006	09/10/2007	Amalgamated	NO
32	U45201DL2006PTC147997	SHALIKA ESTATE DEVELOPERS PRIVATE LIMITED	Director	24/03/2006	24/03/2006	10/10/2007	Amalgamated	NO
33	U45201DL2006PTC147992	Mueen Builders and Developers Private Limited	Director	24/03/2006	24/03/2006	09/10/2007	Amalgamated	NO
34	U45201DL2006PTC148121	SHARVARI ESTATE DEVELOPERS PRIVATE LIMITED	Director	30/03/2006	30/03/2006	10/10/2007	Amalgamated	NO
35	U45201DL2006PTC148118	Cardea Builders and Construction Private limited	Director	30/03/2006	30/03/2006	08/10/2007	Amalgamated	NO
36	U45201DL2006PTC148148	PRASHEETHA ESTATE DEVELOPERS PRIVATE LIMITED	Director	31/03/2006	31/03/2006	-	Amalgamated	NO
37	U45200DL2006PTC155579	MORGAN BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	16/11/2006	16/11/2006	-	Active	NO
38	U45200DL2006PTC155587	LEAR BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	16/11/2006	16/11/2006	-	Active	NO
39	U45200DL2006PTC155814	BONDI BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	23/11/2006	23/11/2006	14/08/2012	Active	NO
40	U45200DL2007PTC157569	Lungo Real Estate Developers Private Limited	Director	08/01/2007	08/01/2007	10/09/2007	Amalgamated	NO
41	U45200DL2007PTC157549	BASTIAAN REAL ESTATE DEVELOPERS PRIVATE LIMITED	Director	08/01/2007	08/01/2007	10/09/2007	Amalgamated	NO
42	U45200DL2007PTC157546	ARSENIO REAL ESTATE DEVELOPERS PRIVATE LIMITED	Director	08/01/2007	08/01/2007	10/09/2007	Amalgamated	NO
43	U45200DL2007PTC157574	ERANTHE BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	08/01/2007	08/01/2007	10/09/2007	Amalgamated	NO
44	U45209DL2007PTC157543	DELBIN BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	08/01/2007	08/01/2007	10/09/2007	Amalgamated	NO
45	U45200DL2007PTC157571	CYNARA BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	08/01/2007	08/01/2007	10/09/2007	Amalgamated	NO
46	U45209DL2007PTC157533	BELLANCA BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	08/01/2007	08/01/2007	10/09/2007	Active	NO
47	U45200DL2007PTC157634	AXELIA BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	10/01/2007	10/01/2007	10/09/2007	Amalgamated	NO
48	U45200DL2007PTC157636	EULALIA BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	10/01/2007	10/01/2007	10/09/2007	Amalgamated	NO
49	U45200DL2007PTC157635	CHRYSILLA BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	10/01/2007	10/01/2007	10/09/2007	Active	NO
50	U45200DL2007PTC158009	Doron Builders and Developers Private Limited	Director	17/01/2007	17/01/2007	08/09/2007	Strike off	NO
51	U45200DL2007PTC158014	Ariadne Builders and Developers Private Limited	Director	17/01/2007	17/01/2007	08/09/2007	Active	NO
52	U45209DL2007PTC158079	Alastrina Builders and Developers Private Limited	Director	17/01/2007	17/01/2007	08/09/2007	Amalgamated	NO
53	U45200DL2007PTC158008	Adephio Builders and Developers Private Limited	Director	17/01/2007	17/01/2007	08/09/2007	Strike off	NO
54	U70102DL2007PTC158024	Acantha Builders and Developers Private Limited	Director	17/01/2007	17/01/2007	08/09/2007	Strike off	NO
55	U70102DL2007PTC158025	Alcander Builders and Developers Private Limited	Director	17/01/2007	17/01/2007	08/09/2007	Amalgamated	NO
56	U45200DL2007PTC158087	Diantha Builders and Developers Private Limited	Director	18/01/2007	18/01/2007	08/09/2007	Strike off	NO
57	U45200DL2007PTC158084	Anastasia Builders and Developers Private Limited	Director	18/01/2007	18/01/2007	08/09/2007	Amalgamated	NO
58	U45209DL2007PTC158144	Agneta Real Estate Developers Private Limited	Director	19/01/2007	19/01/2007	08/09/2007	Strike off	NO
59	U45200DL2007PTC158518	YANNIS BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	29/01/2007	29/01/2007	16/10/2007	Amalgamated	NO
60	U45200DL2007PTC158525	XYLIA BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	29/01/2007	29/01/2007	16/10/2007	Amalgamated	NO
61	U45200DL2007PTC158521	AYITA BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	29/01/2007	29/01/2007	16/10/2007	Amalgamated	NO
62	U45200DL2007PTC158522	ALAQUA BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	29/01/2007	29/01/2007	16/10/2007	Amalgamated	NO
63	U45200DL2007PTC158520	URANIA BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	29/01/2007	29/01/2007	16/10/2007	Amalgamated	NO
64	U45200DL2007PTC158611	ZAREK BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	31/01/2007	31/01/2007	16/10/2007	Amalgamated	NO
65	U45200DL2007PTC158607	XANDY BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	31/01/2007	31/01/2007	16/10/2007	Amalgamated	NO
66	U45200DL2007PTC158636	ZEPHYRINE BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	01/02/2007	01/02/2007	16/10/2007	Amalgamated	NO
67	U45200DL2007PTC158628	SPIRIDON BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	01/02/2007	01/02/2007	16/10/2007	Amalgamated	NO
68	U45200DL2007PTC159384	SORAYA BUILDERS and CONSTRUCTIONS PRIVATE LIMITED	Director	19/02/2007	19/02/2007	-	Amalgamated	NO
69	U40109DL2007PTC161761	DHDL WIND POWER PRIVATE LIMITED	Additional director	08/10/2009	09/04/2007	10/06/2010	Amalgamated	NO
70	U45400DL2007PTC161752	DLF ESTATES (DELHI) PRIVATE LIMITED	Director	19/09/2008	09/04/2007	-	Amalgamated	NO
71	U45400DL2007PTC161790	URVASI INFRATECH PRIVATE LIMITED	Director	04/08/2008	09/04/2007	-	Active	NO
72	U45300DL2007PTC161798	ZORIA INFRATECH PRIVATE LIMITED	Director	28/07/2008	09/04/2007	-	Amalgamated	NO
73	U74999DL2007PTC161769	TURAN INFRATECH PRIVATE LIMITED	Director	09/04/2007	09/04/2007	-	Active	NO
74	U74999DL2007PTC161773	THALIA INFRATECH PRIVATE LIMITED	Director	09/04/2007	09/04/2007	-	Active	NO
75	U74999DL2007PTC161767	RATI INFRATECH PRIVATE LIMITED	Director	09/04/2007	09/04/2007	-	Amalgamated	NO
76	U70102DL2007PTC161787	FLORA REAL ESTATE PRIVATE LIMITED	Director	09/04/2007	09/04/2007	-	Amalgamated	NO
77	U45209DL2007PTC161772	EZILI BUILDCON PRIVATE LIMITED	Director	09/04/2007	09/04/2007	-	Amalgamated	NO
78	U45209DL2007PTC161760	RHEA RETAIL PRIVATE LIMITED	Director	09/04/2007	09/04/2007	18/03/2010	Active	NO
79	U45209DL2007PTC161749	PAN INFRATECH PRIVATE LIMITED	Director	09/04/2007	09/04/2007	14/08/2012	Active	NO
80	U45209DL2007PTC161768	EROS RETAIL PRIVATE LIMITED	Director	09/04/2007	09/04/2007	01/10/2007	Active	NO
81	U45400DL2007PTC161746	Diana Retail Private Limited	Director	09/04/2007	09/04/2007	01/10/2007	Active	NO
82	U45400DL2007PTC161762	MIST HOMES PRIVATE LIMITED	Director	28/07/2008	09/04/2007	17/11/2008	Active	NO
83	U45400DL2007PTC162328	ROD RETAIL PRIVATE LIMITED	Director	16/09/2008	20/04/2007	-	Active	NO
84	U45400DL2007PTC165419	Barnum Builders and Developers Private Limited	Director	02/07/2007	02/07/2007	-	Strike off	NO
85	U45400DL2007PTC165418	Atherol Builders and Developers Private Limited	Director	02/07/2007	02/07/2007	-	Active	NO
86	U45400DL2007PTC165416	Bosley Builders and Developers Private Limited	Director	02/07/2007	02/07/2007	-	Strike off	NO
87	U74999DL2007PTC165455	Brewster Builders and Developers Private Limited	Director	03/07/2007	03/07/2007	-	Strike off	NO
88	U70101DL2005PTC144200	VALINI BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	30/09/2010	30/10/2009	-	Amalgamated	NO
89	U45201DL2006PLC147483	DANKUNI WORLD CITY LIMITED	Additional director	07/09/2011	07/09/2011	-	Amalgamated	NO
90	U45201HR1991PLC034886	UJAGAR ESTATES LIMITED	Director	30/09/2014	28/01/2014	-	Active	NO
91	U45201HR1991PLC034887	KIRTIMAAN BUILDERS LIMITED	Director	30/09/2015	27/02/2015	-	Active	NO
92	U45400DL2007PTC161498	NAMBI BUILDWELL PRIVATE LIMITED	Director	21/08/2015	09/03/2015	-	Active	NO
93	U45400DL2007PTC161755	MHAYA BUILDCON PRIVATE LIMITED	Director	21/08/2015	09/03/2015	-	Active	NO
94	U45200DL2006PTC155589	NUDHAR BUILDERS and DEVELOPERS PRIVATE LIMITED	Director	26/08/2015	30/07/2015	-	Active	NO

Name :

Mr. Dhiraj Sarna

Designation :

Managing Director

Address :

16, Aurangzeb Rd, New Delhi - 110011, Delhi, India

Date of Birth/Age :

07.08.1966

Date of Appointment :

30.09.2011

PAN No.:

AABPS2482H

DIN No.:

01039973

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	U74899DL1985PTC021134	TRINITY ELASTOMERS PRIVATE LIMITED	Director	05/06/1985	05/06/1985	-	Strike off	NO
2	U74899DL1994PLC059794	SARNA EXPORTS LIMITED	Director	23/06/1994	23/06/1994	-	Active	NO
3	U45203DL1996PTC082767	CORONATION PROJECTS PRIVATE LIMITED	Director	18/10/1996	18/10/1996	02/09/2005	Strike off	NO
4	U17296DL1997PTC087857	S and S TOWELS INDIA PRIVATE LIMITED	Director	11/06/1997	11/06/1997	-	Strike off	NO
5	U70109DL1996PTC075924	ELEPHANTA ESTATES PRIVATE LIMITED	Director	14/08/2001	14/08/2001	-	Active	NO
6	U45201DL2006PTC147579	FERRAGAMO RETAIL INDIA PRIVATE LIMITED	Additional director	11/09/2008	11/09/2008	-	Active	NO
7	U27310DL2008PTC179369	Giorgio Armani India Private Limited	Director	08/09/2009	08/10/2008	-	Under liquidation	NO
8	U70102DL2007PTC161521	KAPO RETAIL PRIVATE LIMITED	Director	29/09/2010	18/03/2010	-	Active	NO
9	U45209DL2007PTC161760	RHEA RETAIL PRIVATE LIMITED	Director	18/03/2010	18/03/2010	-	Active	NO
10	U45209DL2007PTC161789	Ishtar Retail Private Limited	Director	25/08/2010	26/04/2010	14/02/2013	Active	NO
11	U45400DL2007PTC161528	JUNO RETAIL PRIVATE LIMITED	Director	31/08/2010	31/08/2010	-	Active	NO
12	U74900DL1973PTC006832	Jhandewalan Ancillaries Private Limited	Director	28/09/2011	14/01/2011	-	Converted to LLP and dissolved	NO
13	U45201DL1988ULT031091	ARIHANT HOUSING COMPANY (A PRIVATE COMPANY WITH UNLIMITED LIABILITY)	Director	22/09/2011	17/01/2011	-	Active	NO
14	U74899DL1988PTC030947	SUKH SANSAR HOUSING PRIVATE LIMITED	Director	23/09/2011	17/01/2011	-	Active	NO
15	U74899DL1988PTC030946	SOLACE HOUSING AND CONSTRUCTION PRIVATE LIMITED	Director	22/09/2011	17/01/2011	-	Active	NO
16	U00000DL1988PTC030949	PUSHPAK BUILDERS AND DEVELOPERS PRIVATE LIMITED	Director	22/09/2011	17/01/2011	-	Active	NO
17	U74899DL1988PTC030950	SUDARSHAN ESTATES PRIVATE LIMITED	Director	28/09/2011	11/02/2011	-	Converted to LLP and dissolved	NO
18	U45201DL2006PLC147368	DLF BRANDS LIMITED	Managing director	30/09/2011	30/09/2011	-	Active	NO
19	U74900HR2011PTC042833	MONARK INDIA Private Limited	Director	06/11/2012	21/03/2012	-	Active	NO
20	U74899DL1955PTC002592	NORTHERN INDIA THEATRES PRIVATE LIMITED	Director	21/09/2012	26/06/2012	-	Active	NO
21	U45400DL2007PTC161746	Diana Retail Private Limited	Director	28/09/2013	10/12/2012	-	Active	NO
22	U52399DL2013PTC254338	DAS RETAIL PRIVATE LIMITED	Director	26/06/2013	26/06/2013	17/03/2015	Active	NO
23	U45201DL2006PTC147354	Cian Retail Private Limited	Director	23/09/2014	29/09/2013	-	Active	NO
24	U74140HR2014PTC053942	DBL Kidskart Online Private Limited	Director	09/12/2014	09/12/2014	-	Active	NO
25	U74900HR2015PTC054637	Kiko Cosmetics Retail Private Limited	Director	19/02/2015	19/02/2015	-	Active	NO
26	U22190HR2012PTC046708	YOGANANDA FILMS PRIVATE LIMITED	Director	22/09/2015	02/06/2015	-	Active	NO
27	AAB-5427	JHANDEWALAN ANCILLARIES LLP	Body corporate as Designated Partner	24/05/2013	24/05/2013	-	Active	NO
28	AAB-6988	SUPER MART TWO PROPERTY MANAGEMENT SERVICES LLP	Body corporate as Designated Partner	08/08/2013	08/08/2013	-	Active	NO

Name :

Mr. Sunil Kumar Bhatia

Designation :

Director

Address :

60/14, Prabhat Road, Karol Bagh, New Delhi - 110005, Delhi, India

Date of Appointment :

30.09.2015

DIN No.:

00778859

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	U72900DL1976PTC008329	NIJHAWAN TRAVEL SERVICE PRIVATE LIMITED	Director	30/08/1994	30/08/1994	19/02/2008	Active	NO
2	U72300HR2012PTC045360	BSS INFO PRIVATE LIMITED	Director	12/03/2012	12/03/2012	-	Active	NO
3	U45201DL2006PLC147368	DLF BRANDS LIMITED	Director	30/09/2015	13/03/2015	-	Active	NO
4	U45400DL2007PTC161528	JUNO RETAIL PRIVATE LIMITED	Director	30/09/2015	24/03/2015	-	Active	NO
5	U45209DL2007PTC161760	RHEA RETAIL PRIVATE LIMITED	Director	30/09/2015	24/03/2015	-	Active	NO
6	U70102DL2007PTC161521	KAPO RETAIL PRIVATE LIMITED	Director	30/09/2015	27/03/2015	-	Active	NO
7	U45400DL2007PTC161746	Diana Retail Private Limited	Director	30/09/2015	27/03/2015	-	Active	NO

Name :

Mr. Ravi Prakash Verma

Designation :

Director

Address :

A-72, Brij Vihar, MIG, Sahibabad, Ghaziabad - 201010, Uttar Pradesh, India

Date of Appointment :

30.09.2015

DIN No.:

05216806

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	U74999DL2012PTC232619	SUNFACE ONLINE CREATIONS PRIVATE LIMITED	Director	10/03/2012	10/03/2012	30/06/2012	Active	NO
2	U70100DL2013PTC251896	GANGA VILLAGE HOMES PRIVATE LIMITED	Director	09/05/2013	09/05/2013	-	Active	NO
3	U45201DL2006PLC147368	DLF BRANDS LIMITED	Director	30/09/2015	13/03/2015	-	Active	NO
4	U45400DL2007PTC161528	JUNO RETAIL PRIVATE LIMITED	Director	30/09/2015	24/03/2015	-	Active	NO
5	U45209DL2007PTC161760	RHEA RETAIL PRIVATE LIMITED	Director	30/09/2015	24/03/2015	-	Active	NO
6	U70102DL2007PTC161521	KAPO RETAIL PRIVATE LIMITED	Director	30/09/2015	27/03/2015	-	Active	NO
7	U45400DL2007PTC161746	Diana Retail Private Limited	Director	30/09/2015	27/03/2015	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Ashish Rastogi
Designation :	Chief Executive Officer
Address :	365, AGCR Enclave, Delhi, New Delhi - 110092, Delhi, India
Date of Birth/Age :	07.09.1962
PAN No.:	AAEPR9517P
Name :	Mr. Ramit Rastogi
Designation :	Secretary
Address :	110, 1st Floor, S-2 Saraswati Block, Sector D, PKT-6, Vasant Kunj, New Delhi - 110070, Delhi, India
PAN No.:	AIWPR3912L
Name :	Mr. Rohit Goyal
Designation :	Manager

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 25.09.2014

Names of Shareholders	No. of Shares
DLF Limited	7999994
Mr. Sanjay Goenka	1
Mr. S. K. Gupta	1
Mr. Manik Khanna	1
Mr. Adesh Gupta	1
Mr. Gopal Ramdev	1
Mr. Ankur Jain	1
Mr. Dhiraj Sarna	14850000
Super Mart Two Property Management Services LLP	113000000
Mr. Dhiraj Sarna	37000000
Mr. Pia Singh	31000000
Prem Traders LLP	39750000
Total	243600000

LIST OF ALLOTTEE AS ON 31.03.2015

Names of Shareholders	No. of Shares
Mr. Dhiraj Sarna	17080000

Equity Share Break up (Percentage of Total Equity)

AS ON 25.09.2014

Category	Percentage
Bodies corporate	66.00
Directors or relatives of Directors	34.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Retail Trade of Men Women Garments, Fabric, Kids Wear.
Products :	Not Available
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Available
Imports :	Not Available
Terms :	Not Available

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 :

1500 (Approximately)

Bankers :

Bank Name	Kotak Mahindra Bank Limited
Branch	27BKC, C-27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra, India
Person Name (With Designation)	Not Available
Contact Number	Not Available
Name of Account Holder	Not Available
Account Number	Not Available
Account Since (Date/Year of Account Opening)	Not Available
Average Balance Maintained (If Possible)	Not Available
Credit Facilities Enjoyed (If any)	Not Available
Account Operation	Not Available
Remarks (If any)	Not Available

Facilities :

Secured Loan	31.03.2014 (Rs. in Million)	31.03.2013 (Rs. in Million)
Long-term Borrowings
Rupee term loans from banks	39.528	77.109
Rupee term loans from others (Term loan taken by Indiabull Housing Finance limited is secured by way of immovable property of one of the Key managerial personnel)	179.832	96.840
Other loans and advances	1.476	0.000
Short-term borrowings
Term loans from banks	94.740	77.499
Working capital loans from banks	369.632	341.822
Total	685.208	593.270

Auditors :
Name :	Walker, Chandiok and Company LLP Chartered Accountants
Address :	41-L, Connaught Circus, Delhi - 110001, India
PAN No:	AAAFW3298E
Memberships :	Not Divulged
Collaborators :	Not Divulged
Subsidiaries companies:	Rod Retail Private Limited Kapo Retail Private Limited Enki Retail Solutions Private Limited Eros Retail Private Limited Juno Retail Private Limited Rhea Retail Private Limited Carreen Builders and Developers Private Limited Cian Retail Private Limited Das Retail Private Limited
Investing enterprises/individuals :	DLF Limited Prem Traders LLP (Formerly Prem Traders Private Limited)\Centre Point Property Management Services LLP (Formerly Centre Point Property Management Services Private Limited) Super Mart Two Property Management Services LLP (Formerly Super Mart Two Property Management Services Private Limited) Ms. Pia Singh Mr. Dhiraj Sarna
Subsidiary of investing enterprise:	Diana Retail Private Limited
Enterprises directly/indirectly under common control with key managerial personnel and their relatives and investing enterprises (with whom there were transactions):	Solange Retail Private Limited Zigma Retail Private Limited
Enterprises over which the Company is able to exercise significant influence (with whom there were transactions):	Ferragamo Retail India Private Limited Giorgio Armani India Private Limited

CAPITAL STRUCTURE

AFTER 25.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
295,000,000	Equity Shares	Rs.10/- each	Rs. 2950.000 Million

Issued, Subscribed and Paid-up Capital :

No. of Shares	Type	Value	Amount
243,600,000	Equity Shares	Rs.10/- each	Rs. 2436.000 Million

AS ON 31.03.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
21,00,00,000	Equity Shares	Rs.10/- each	Rs. 2100.000 Million

Issued, Subscribed and Paid-up Capital :

No. of Shares	Type	Value	Amount
14,88,50,000	Equity Shares	Rs.10/- each	Rs. 1488.500 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	1488.500	1488.500	1100.000
(b) Reserves and Surplus	(1641.962)	(1123.944)	(764.975)
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000	150.000
Total Shareholders’ Funds (1) + (2)	(153.462)	364.556	485.025
(3) Non-Current Liabilities
(a) long-term borrowings	540.910	469.711	243.042
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	9.961	24.000	0.000
(d) long-term provisions	4.083	7.863	7.141
Total Non-current Liabilities (3)	554.954	501.574	250.183
(4) Current Liabilities
(a) Short term borrowings	1281.379	666.328	601.557
(b) Trade payables	137.948	238.697	139.324
(c) Other current liabilities	154.831	258.767	176.748
(d) Short-term provisions	0.168	0.480	0.178
Total Current Liabilities (4)	1574.326	1164.272	917.807
TOTAL	1975.818	2030.402	1653.015
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	165.947	193.833	140.398
(ii) Intangible Assets	14.795	29.699	40.268
(iii) Capital work-in-progress	19.776	33.135	35.382
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	734.533	756.957	637.257
(c) Deferred tax assets (net)	9.903	9.903	9.903
(d) Long-term Loan and Advances	247.292	321.196	266.165
(e) Other Non-current assets	2.206	2.054	2.939
Total Non-Current Assets	1194.452	1346.777	1132.312
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	248.869	250.375	244.718
(c) Trade receivables	52.690	42.921	24.592
(d) Cash and cash equivalents	5.060	8.673	8.698
(e) Short-term loans and advances	437.014	348.050	210.736
(f) Other current assets	37.733	33.606	31.959
Total Current Assets	781.366	683.625	520.703
TOTAL	1975.818	2030.402	1653.015

PROFIT and LOSS ACCOUNT

	PARTICULARS	31.03.2014	31.03.2013	31.03.2012
	SALES
	Income	614.278	570.490	369.823
	Other Income	109.400	55.295	34.447
	TOTAL SALES	723.678	625.785	404.270
Less	EXPENSES
	Cost of Materials Consumed	0.000	0.000	0.000
	Purchases of Stock-in-Trade	328.536	383.439	269.637
	Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	(12.775)	(9.438)	(69.146)
	Employees benefits expense	74.726	111.443	89.366
	Other expenses	662.055	318.400	200.841
	TOTAL EXPENSES	1052.542	803.844	490.698
Less	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION	(328.864)	(178.059)	(86.428)
Less	FINANCIAL EXPENSES	145.799	136.228	124.113
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION	(474.663)	(314.287)	(210.541)
Less	DEPRECIATION/ AMORTISATION	43.355	44.682	26.119
	PROFIT/ (LOSS) BEFORE TAX	(518.018)	(358.969)	(236.660)
Less	TAX	0.000	0.000	0.000
	PROFIT/ (LOSS) AFTER TAX	(518.018)	(358.969)	(236.660)
	IMPORTS
	Trading goods	235.758	216.450	0.000
	TOTAL IMPORTS	235.758	216.450	0.000
	EARNINGS / (LOSS) PER SHARE (RS.)	(3.48)	(2.93)	(2.35)

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2014	31.03.2013	31.03.2012
Current Maturities of Long term debt	NA	NA	NA
Cash generated from operations	NA	NA	NA
Cash generated from (Used) operations	(117.580)	(110.285)	(84.805)
Cash generated from Operating Activities	(128.511)	(114.945)	(84.629)

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	(84.33)	(62.92)	(63.99)
Operating Profit Margin (PBIDT/Sales)	(%)	(53.54)	(31.21)	(23.37)
Return on Total Assets (PBT/Total Assets}	(%)	(42.75)	(29.17)	(24.39)
Return on Investment (ROI) (PBT/Networth)		3.38	(0.98)	(0.49)
Debt Equity Ratio (Total Debt /Networth)		(11.87)	3.12	1.74
Current Ratio (Current Asset/Current Liability)		0.50	0.59	0.57

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	1100.000	1488.500	1488.500
Reserves and Surplus	(764.975)	(1123.944)	(1641.962)
Money received against share warrants	0.000	0.000	0.000
Share Application money pending allotment	150.000	0.000	0.000
Net worth	485.025	364.556	(153.462)
long-term borrowings	243.042	469.711	540.910
Short term borrowings	601.557	666.328	1281.379
Total borrowings	844.599	1136.039	1822.289
Debt/Equity ratio	1.741	3.116	(11.875)

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	369.823	570.490	614.278
		54.260	7.676

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	369.823	570.490	614.278
Profit	(236.660)	(358.969)	(518.018)
	(63.99%)	(62.92%)	(84.33%)

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	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	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	Yes
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

Note:

Registered office of the company is shifted from P-39, Basement NDSE, Part-II, New Delhi, Delhi - 110049, India to present address w.e.f. 10.07.2007.

OPERATION:

The Company business has grown in the last year in size and scale and has taken steps to concentrate on its growth plan. The Company has total 37 (Thirty Seven) exclusive brand retail stores. The Company is continuing with expansion strategy in all major malls in Big Cities of the Country. The Company is holding the investments in other JV Companies/ SPVs in line with overall Strategy of the Business for expanding business and is adding new profitable Brands in the portfolio of Brands of the group business for which is either directly under The Company or through JV Companies/ SPVs. The Company has already announced a Strategic tie-up with youth Brand Sephora and is in talks with more Brands which are at closure stages for becoming a major retail player in Lifestyle and Fashion Category in India. The Board has made strategies and is taking concrete steps to develop the business of the Company in the coming years. During the year, The Company income is Rs. 723.678 Million as compared to Rs. 625.785 Million in previous year and incurred a loss of Rs 518.018 Million as compared to loss of Rs. 358.969 Million in the previous year. After optimization of volumes and margins, The Company has the potential to become a more profitable business in the years to come.

COMPANY INFORMATION:

DLF Brands Limited was originally incorporated as Alton Builders and Developers Private Limited on 10 March

2006. The fresh certificate of incorporation pursuant to change of name from Alton Builders and Developers Private Limited to DLF Retail Brands Private Limited and from DLF Retail Brands Private Limited to DLF Brands

Private Limited was granted by Registrar of Companies, NCT of Delhi and Haryana on 20 December 2007 and 31

March 2009 respectively. Fresh certificate of incorporation consequent upon change of name on conversion of private limited Company to public limited Company has been granted on 26 April 2009 by Registrar of Companies, NCT of Delhi and Haryana, subsequent to which name has been changed from DLF Brands Private Limited to DLF Brands Limited. The Company is engaged in retail trading of foreign lifestyle brands in India vide business arrangements with various foreign luxury and premium brands. The Company is currently operating through various retail stores in India.

UNSECURED LOAN

PARTICULARS	31.03.2014 (Rs. in Million)	31.03.2013 (Rs. in Million)
Long-term Borrowings
Loans and advances from others	320.074	295.762
Short-term borrowings
Loans repayable on demand from others	817.007	247.007
Total	1137.081	542.769

INDEX OF CHARGES:

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10315326	24/05/2015 *	963,700,000.00	KOTAK MAHINDRA BANK LIMITED	27BKC, C 27, G BLOCK, BANDRA KURLA COMPLEX, BANDRA (E), MUMBAI, MAHARASHTRA - 400051, INDIA	C55326078
2	10204187	10/03/2012 *	600,000,000.00	YES BANK LIMITED	9TH FLOOR, NEHRU CENTRE, DISCOVERY OF INDIA,, DR.  ANNIE BESANT ROAD, WORLI, MUMBAI, MAHARASHTRA -  400018, INDIA	B35846658

FIXED ASSETS

• Land and Building
• Furniture’s and Fixtures
• Office Equipment
• Computer
• Vehicles

CMT REPORT (Corruption, Money Laundering and 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. 66.11
UK Pound	1	Rs. 100.51
Euro	1	Rs. 70.39

INFORMATION DETAILS

Information Gathered by :	DIP
Analysis Done by :	AKT
Report Prepared by :	SYL

SCORE and RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	1
PAID-UP CAPITAL	1~10	1
OPERATING SCALE	1~10	1
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	2
--PROFITABILITY	1~10	1
--LIQUIDITY	1~10	1
--LEVERAGE	1~10	1
--RESERVES	1~10	2
--CREDIT LINES	1~10	2
--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		12

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 and 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.