MIRA INFORM REPORT
|
Report No. : |
350168 |
|
Report Date : |
23.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
HARMAN COTTEX AND SEEDS PRIVATE LIMITED (w.e.f. 26.10.2009) |
|
|
|
|
Formerly Known As : |
HARMAN COTTEX PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Opposite Dejala Devada Colony, Bistan Road, Khargone – 451001, Madhya
Pradesh |
|
Tel. No.: |
91-7282-241192/24179 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
14.07.2009 |
|
|
|
|
Com. Reg. No.: |
10-022131 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 2.973 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U01111MP2009PTC022131 |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
Not Available |
|
|
|
|
Legal Form : |
Private Limited Liability Company. |
|
|
|
|
Line of Business
: |
Subject is primarily engaged in cotton trading, cotton seed oil
extraction and seed processing. |
|
|
|
|
No. of Employees
: |
Information declined by the management
|
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (48) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 260000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject was incorporated in the year 2009, it is promoted by Puneet
Group of Khargone (Madhya Pradesh), and is primarily engaged in cotton
trading, cotton seed oil extraction and seed processing. Rating takes consideration on company’s significant growth in its
sales turnover and profitability margin during FY-14. Rating, further derive
strengths on company’s comfortable financial profile characterized by
improved capital structure, liquidity and above average debt protection
metrics. Rating is constrained on company’s presence in fragmented nature of
the industry marked by numerous organized and unorganized players. The rating
also continues to constrained by seasonal nature of the cotton trading and
cotton seed oil extraction business and exposure to dynamic regulatory
environment. However, trade relations are fair. Business is active. Payment terms
are reported as usually correct. The company can be considered for business dealings at usual trade
terms and conditions. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – 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 |
ICRA RATING |
|
Rating |
Long Term Fund Based Limits = BB- |
|
Rating Explanation |
Inadequate credit quality and high credit risk |
|
Date |
January 2015 |
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.
LOCATIONS
|
Registered Office : |
Opposite Dejala Devada Colony, Bistan Road, Khargone – 451001, Madhya
Pradesh, India |
|
Tel. No.: |
91-7282-241192/24179 |
|
Fax No.: |
Not Available |
|
E-Mail : |
DIRECTORS
AS ON 29.09.2014
|
Name : |
Rasdeep Singh Chawla |
||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||
|
Address : |
4-Ishvari Nagar, Khargone - 451001, Madhya Pradesh, India |
||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
30.06.1965 |
||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
14.07.2009 |
||||||||||||||||||||||||||||||||||||
|
DIN No.: |
02137804 |
||||||||||||||||||||||||||||||||||||
|
Other
Directorship:
|
|||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Name : |
Manjeet Singh Chawla |
||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||
|
Address : |
4 , Ishvari Nagar, Khargone - 451001, Madhya Pradesh, India |
||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
30.06.1965 |
||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
14.07.2009 |
||||||||||||||||||||||||||||||||||||
|
DIN No.: |
02137928 |
||||||||||||||||||||||||||||||||||||
|
Other
Directorship:
|
|||||||||||||||||||||||||||||||||||||
MAJOR SHAREHOLDERS
AS ON 29.09.2014
|
Names of Shareholders (Rs.10/- each) |
|
No. of Shares |
|
Trilochan Kour Chawla |
|
3300 |
|
Maninder Kour Chawla |
|
33250 |
|
Rasdeep Singh Chawla HUF |
|
100 |
|
Herald Tradelinks Private Limited, India |
|
20000 |
|
Piyush Chemotreat Private Limited, India |
|
20000 |
|
Shine Star Estate Private Limited, India |
|
20000 |
|
Pinkcity Softpro Private Limited, India |
|
20000 |
|
Gandhi Bapulal Pannalal |
|
500 |
|
GBP Cotton Company, India |
|
500 |
|
Nirmal Gandhi HUF |
|
500 |
|
Rabmeet Singh Chawla, India |
|
96650 |
|
|
|
|
|
Total |
|
214800 |
|
Names of Shareholders (Rs.5/- each) |
|
No. of Shares |
|
Mahinder Kour Chawla |
|
165000 |
Equity Share Break up (Percentage of Total Equity)
AS ON 29.09.2014
|
Category |
Percentage |
|
Bodies corporate |
21.06 |
|
Directors or relatives of Directors |
78.54 |
|
Other top fifty shareholders |
0.40 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is primarily engaged in cotton trading, cotton seed oil
extraction and seed processing. |
|
|
|
|
Products : |
Not Divulged |
|
|
|
|
Brand Names : |
Not Available |
|
|
|
|
Agencies Held : |
Not Available |
|
|
|
|
Exports : |
Not Divulged |
|
|
|
|
Imports : |
Not Divulged |
|
|
|
|
Terms : |
Not Divulged |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
Customers : |
|
||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
No. of Employees : |
Information declined by the management
|
||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
Facilities : |
(Rs.
In Million)
|
|
Auditors : |
|
|
Name : |
Anil Kamal Garg and Company Chartered Accountants |
|
Address : |
1st Floor, Kuber Palace, 35 Jaora Compound, Opposite M.Y.
Hospital, Indore – 452001, Madhya Pradesh, India |
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AAHFA7509B |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates/Subsidiaries : |
-- |
CAPITAL STRUCTURE
AS ON 29.09.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
500000 |
Equity Shares |
Rs.10/- each |
Rs. 5.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
379800 |
Equity Shares |
Rs.10/- each |
Rs. 3.798
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 |
2.973 |
2.973 |
2.973 |
|
(b) Reserves & Surplus |
91.026 |
41.261 |
34.003 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
93.999 |
44.234 |
36.976 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
11.269 |
163.781 |
154.684 |
|
(b) Deferred tax liabilities (Net) |
0.466 |
0.365 |
0.199 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term
provisions |
0.000 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
11.735 |
164.146 |
154.883 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short term
borrowings |
81.134 |
51.834 |
66.873 |
|
(b) Trade
payables |
14.641 |
29.861 |
6.803 |
|
(c) Other
current liabilities |
7.698 |
6.754 |
6.184 |
|
(d) Short-term
provisions |
12.122 |
5.326 |
3.993 |
|
Total Current
Liabilities (4) |
115.595 |
93.775 |
83.853 |
|
|
|
|
|
|
TOTAL |
221.329 |
302.155 |
275.712 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
6.539 |
7.051 |
4.972 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
0.250 |
0.250 |
0.080 |
|
(e) Other
Non-current assets |
0.000 |
0.009 |
0.017 |
|
Total Non-Current
Assets |
6.789 |
7.310 |
5.069 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
187.760 |
167.157 |
|
(b)
Inventories |
77.535 |
60.301 |
59.391 |
|
(c) Trade
receivables |
83.640 |
33.815 |
26.891 |
|
(d) Cash
and cash equivalents |
3.102 |
2.616 |
6.813 |
|
(e)
Short-term loans and advances |
22.265 |
0.755 |
0.648 |
|
(f) Other current
assets |
27.998 |
9.598 |
9.743 |
|
Total
Current Assets |
214.540 |
294.845 |
270.643 |
|
|
|
|
|
|
TOTAL |
221.329 |
302.155 |
275.712 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
|
|
|
|
|
TOTAL |
1038.745 |
844.714 |
865.451 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
TOTAL |
982.842 |
833.864 |
857.544 |
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
55.903 |
10.850 |
7.907 |
|
|
|
|
|
|
|
Less |
TAX |
6.138 |
3.593 |
2.700 |
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
49.765 |
7.257 |
5.207 |
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
131.02 |
19.11 |
13.07 |
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 |
|
Net cash flows from (used in) operations |
NA |
NA |
NA |
KEY
RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Net Profit Margin (PAT / Sales) |
(%) |
4.79 |
0.86 |
0.60 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
25.26 |
3.59 |
2.87 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.59 |
0.25 |
0.21 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.98 |
4.87 |
5.99 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.86 |
3.14 |
3.23 |
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 |
2.973 |
2.973 |
2.973 |
|
Reserves & Surplus |
34.003 |
41.261 |
91.026 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
36.976 |
44.234 |
93.999 |
|
|
|
|
|
|
long-term borrowings |
154.684 |
163.781 |
11.269 |
|
Short term borrowings |
66.873 |
51.834 |
81.134 |
|
Total
borrowings |
221.557 |
215.615 |
92.403 |
|
Debt/Equity
ratio |
5.992 |
4.874 |
0.983 |
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 |
865.451 |
844.714 |
1038.745 |
|
|
|
(2.396) |
22.970 |
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 |
865.451 |
844.714 |
1038.745 |
|
Profit |
5.207 |
7.257 |
49.765 |
|
|
0.60% |
0.86% |
4.79% |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check list by
info agents |
Available in
Report (Yes/No) |
|
1 |
Year of establishment |
Yes |
|
2 |
Constitution of the entity -Incorporation
details |
Yes |
|
3 |
Locality of the entity |
Yes |
|
4 |
Premises details |
No |
|
5 |
Buyer visit details |
-- |
|
6 |
Contact numbers |
Yes |
|
7 |
Name of the person contacted |
No |
|
8 |
Designation of contact person |
No |
|
9 |
Promoter’s background |
Yes |
|
10 |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
|
11 |
Pan Card No. of Proprietor / Partners |
No |
|
12 |
Voter Id Card No. of Proprietor / Partners |
No |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
No |
|
16 |
No. of employees |
No |
|
17 |
Details of sister concerns |
No |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
No |
|
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 |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
UNSECURED LOAN
(Rs.
In Million)
|
Particulars |
As
on 31.03.2014 |
As
on 31.03.2013 |
|
LONG TERM
BORROWING |
|
|
|
Loans and advance from related parties |
0.000 |
31.937 |
|
From Shareholders |
8.744 |
6.087 |
|
From Body Corporate |
2.500 |
125.387 |
|
|
|
|
|
Total |
11.244 |
163.411 |
|
|
|
|
INDEX OF CHARGES
|
S.No. |
Charge ID |
Date of Charge Creation/Modification |
Charge amount secured |
Charge Holder |
Address |
Service Request Number (SRN) |
|
1 |
10206378 |
26/03/2014 * |
125,000,000.00 |
BANK OF BARODA |
HOTEL VILLABHA, DIVERSION ROAD, KHARGONE, Madhya Pradesh - 451001, INDIA |
C03899267 |
* Date of charge modification
FIXED ASSETS
- Furniture and
Fixture
- Plant and
Machinery
- Mobile Phone
- Motor Cycle
- Car
- Tractor
- Computer
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. 66.09 |
|
UK Pound |
1 |
Rs. 101.04 |
|
Euro |
1 |
Rs. 70.85 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
Report Prepared
by : |
JYO |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILITY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
YES |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
48 |
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 |
-- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.