MIRA INFORM REPORT

Report No. :	350458
Report Date :	28.11.2015

IDENTIFICATION DETAILS

Name :	ALLIED BLENDERS AND DISTILLERS PRIVATE LIMITED (w.e.f.30.04.2010)
Formerly Known As :	MOONLIGHT BLENDERS AND DISTILLERS PRIVATE LIMITED (w.e.f.22.07.2009) YOU AND ME PROPERTIES PRIVATE LIMITED
Registered Office :	394-C, Lamington Chambers, Lamington Road, Mumbai – 400004, Maharashtra
Tel. No.:	91-22-67779777
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	08.10.2008
Com. Reg. No.:	11-187368
Capital Investment / Paid-up Capital :	Rs.447.800 Million
CIN No.: [Company Identification No.]	U15511MH2008PTC187368
IEC No.:	0391129635
TIN No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	MUMA31012C
PAN No.: [Permanent Account No.]	AAACY3846K
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer and Exporter of Alcoholic Beverages.
No. of Employees :	623 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (49)

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 4946000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Exist
Comments :	Subject is an established company having incorporated in the year 2008 having satisfactory track record. The company has shown a significant growth in its profit during FY 2014. General financial position of the company is normal and acceptable for business dealings. Further, the rating also takes into consideration favorable gap between trade payables and trade receivables. Trade relations are reported as fair. Business is active. Payment terms are reported to be usually correct and as per commitment. The company can be considered normal 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	CARE
Rating	Long Term Bank Facilities = BBB
Rating Explanation	Moderate degree of safety and carry moderate credit risk.
Date	14.10.2014

Rating Agency Name	CARE
Rating	Short Term Bank Facilities = A3
Rating Explanation	Moderate degree of safety and carry higher credit risk.
Date	14.10.2014

RBI DEFAULTERS’ LIST STATUS

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

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

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

INFORMATION PARTED BY

Name :	Mr. Girish Kasekar
Designation :	Export Manager
Contact No.:	91-22-43001162
Date :	27.11.2015

LOCATIONS

Registered Office :	394-C, Lamington Chambers, Lamington Road, Mumbai – 400004, Maharashtra, India
Tel. No.:	91-22-67779777
Fax No.:	91-22-67779725
E-Mail :	prpandya@abdindia.com adalal@abdindia.com girishkasekar@abdindia.com
Website :	http://www.abdindia.com
Location :	Owned
Locality :	Commercial
Corporate/ Marketing Office :	Ashford Centre, 3rd and 4th Floor, Shankarrao Naram Marg, Lower Parel (West), Mumbai – 400013, Maharashtra, India
Tel. No.:	91-22-43001111
Fax No.:	91-22-43001116
E-Mail :	info@abdindia.com
Exports/ CSD Office :	Plot No. 774, 4th Floor, Udyog Vihar, Phase V, Gurgaon - 122015, Haryana, India
Tel. No.:	91-124-4210061/ 62
Fax No.:	91-124-4210063
Delhi Regional Sales Office :	A 61/5, G. T. Karnal Road, Industrial Area, Azadpur, Delhi – 110033, India
Factory :	Plot No. 6, MIDC, Industrial Area, Chikhalthana, Aurangabad-431210, Maharashtra, India
Other Sales Offices :	Located at: North · Gurgaon · Chandigarh · Ludhiana · Jaipur · Dehradun East · Kolkata · Guwahati · Bhubaneswar · Patna South · Hyderabad · Bangalore · Chennai West · Mumbai · Bhopal

DIRECTORS

As on 31.03.2015

Name :

Mr. Anupam Dutta

Designation :

Managing Director

Address :

Unit No. 1004, 10th Floor, Odyssey, (II) Hiranandani Gardens, Powai, Mumbai-400076, Maharashtra, India

Date of Appointment :

17.07.2015

DIN No.:

01626554

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	U15490MH1990PTC058489	KELLOGG INDIA PRIVATE LIMITED	Director	24/09/2007	16/07/2007	03/12/2010	Active	NO
2	U15511MH2008PTC187368	Allied Blenders And Distillers Private Limited	Managing director	17/07/2015	17/07/2015	-	Active	NO

Name :

Mr. Kishore Rajaram Chhabria

Designation :

Director appointed in casual vacancy

Address :

111, Casa Grande, Little Gibbs, Road No. 2, Malabar Hills, Mumbai – 400006, Maharashtra, India

Date of Birth/Age :

12.01.1954

Date of Appointment :

18.03.2010

DIN No.:

00243244

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	U15500MH1986PLC039056	BDA PRIVATE LIMITED	Director	09/03/1992	09/03/1992	-	Active	NO
2	U15510MH1989PTC052719	STANDARD DISTILLERIES AND BREWERIES PVT LTD	Director	11/04/1992	11/04/1992	-	Amalgamated	NO
3	U85110MH1989PTC168005	GEMINI BREWERIES PVT LTD.	Director	18/09/1992	18/09/1992	-	Amalgamated	NO
4	U51310MH1993PTC073077	HERITAGE OVERSEAS PVT LTD	Director	22/07/1993	22/07/1993	-	Amalgamated	NO
5	U65920MH1993PTC073233	GALAN FINVEST PVT LTD	Director	10/12/1993	10/12/1993	-	Amalgamated	NO
6	U51900MH1993PTC075516	MOZZART TRADERS PRIVATE LIMITED	Director	10/12/1993	10/12/1993	-	Amalgamated	NO
7	U99999MH1993PTC074716	VENEER INVESTMENT AND FINANCE P.LTD.	Director	13/12/1993	13/12/1993	-	Amalgamated	NO
8	U67120MH1993PTC075230	ALGID INVESTMENT AND FINANCE PRIVATE LIMITED	Director	13/12/1993	13/12/1993	-	Amalgamated	NO
9	U17110MH1954PTC009219	RAYONYARNS IMPORT COMPANY PRIVATE LIMITED	Director	10/04/1995	10/04/1995	-	Active	NO
10	U45200MH1995PTC088820	BENCO PROPERTIES PRIVATE LIMITED	Director	12/06/1995	12/06/1995	-	Active	NO
11	U70100MH2002PTC135761	STARVOICE PROPERTIES PRIVATE LIMITED	Director	17/10/2002	17/10/2002	-	Active	NO
12	U74899MH1982PTC164283	ASHOKA LIQUORS PVT LTD	Director	06/02/2007	06/02/2007	-	Active	NO
13	U74899MH1991PTC164540	ASHOKA SECURITIES PRIVATE LIMITED	Director	06/02/2007	06/02/2007	-	Amalgamated	NO
14	U52208MH1992PTC159311	Allied Blenders and Distillers Private Limited	Director	26/04/2007	26/04/2007	-	Amalgamated	NO
15	U45400MH2007PTC175702	BHUNESHWARI PROPERTIES PRIVATE LIMITED	Director	05/11/2007	05/11/2007	-	Active	NO
16	U45400MH2007PTC175705	PITAMBARI PROPERTIES PRIVATE LIMITED	Director	05/11/2007	05/11/2007	-	Active	NO
17	U15549MH2006PTC166229	Henkell & Company India Private Limited	Director	14/12/2007	14/12/2007	-	Active	NO
18	U15511MH2008PTC187368	Allied Blenders And Distillers Private Limited	Director	16/08/2010	18/03/2010	-	Active	NO

Name :

Mrs. Bina Kishore Chhabria

Designation :

Director appointed in casual vacancy

Address :

111, Casa Grande, Little Gibbs, Road No. 2, Malabar Hills, Mumbai – 400006, Maharashtra, India

Date of Birth/Age :

10.01.1957

Date of Appointment :

18.03.2010

DIN No.:

00243376

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	U65910MH1993PTC074120	CACOMISTLE FINLEASE AND INVESTMENTS PRIVATE LIMITED	Director	10/12/1993	10/12/1993	-	Amalgamated	NO
2	U51900MH1993PTC075506	DARREL TRADERS PRIVATE LIMITED	Director	10/12/1993	10/12/1993	-	Amalgamated	NO
3	U51900MH1993PTC075512	STINGRAY TRADERS PRIVATE LIMITED	Director	10/12/1993	10/12/1993	-	Amalgamated	NO
4	U45200MH1995PTC088820	BENCO PROPERTIES PRIVATE LIMITED	Director	12/06/1995	12/06/1995	-	Active	NO
5	U65990MH1997PTC111982	MARENGO INVESTMENT & TRADING COMPANY PRIVATE LIMITED	Director	18/01/2000	18/01/2000	-	Active	NO
6	U65920MH1995PTC094480	KARTIK FINANCE AND INVESTMENTS PRIVATE LIMITED	Director	14/09/2001	14/09/2001	-	Active	NO
7	U65923MH1996PTC101733	KAPARDI FINVEST PRIVATE LIMITED	Director	14/09/2001	14/09/2001	-	Active	NO
8	U65990MH1996PTC104751	SHREE EMATI INVESTMENT PRIVATE LIMITED	Director	14/09/2001	14/09/2001	-	Active	NO
9	U65990MH2000PTC126656	STARVOICE INVESTMENTS PRIVATE LIMITED	Director	14/09/2001	14/09/2001	-	Active	NO
10	U65990MH2000PTC126915	WOODPECKER INVESTMENTS PRIVATE LIMITED	Director	14/09/2001	14/09/2001	-	Active	NO
11	U51900MH1998PTC115744	STARVOICE TRADING PRIVATE LIMITED	Director	22/12/2001	22/12/2001	-	Active	NO
12	U70100MH2002PTC135760	MARENGO PROPERTIES PRIVATE LIMITED	Director	23/08/2002	23/08/2002	-	Amalgamated	NO
13	U70100MH2002PTC135761	STARVOICE PROPERTIES PRIVATE LIMITED	Director	25/09/2002	25/09/2002	-	Active	NO
14	U15533MH2001PTC132191	TRACSTAR DISTILLERIES PRIVATE LIMITED	Director	01/09/2005	01/09/2005	16/09/2014	Active	NO
15	U70102MH2009PTC189609	BKC DWELLINGS PRIVATE LIMITED	Director	15/01/2009	15/01/2009	-	Active	NO
16	U52208MH1992PTC159311	Allied Blenders and Distillers Private Limited	Director	19/02/2009	19/02/2009	-	Amalgamated	NO
17	U45207MH2010PTC200261	BKC Estates Private Limited	Director	19/02/2010	19/02/2010	-	Active	NO
18	U15511MH2008PTC187368	Allied Blenders And Distillers Private Limited	Director	16/08/2010	18/03/2010	-	Active	NO
19	U45202MH2009PTC194091	BKC Enterprises Private Limited	Director	26/08/2011	08/10/2010	-	Active	NO
20	U45400MH2011PTC211996	BKC Abode Private Limited	Director	11/02/2011	11/02/2011	03/03/2015	Active	NO
21	U45400MH2013PTC247374	ABD Homes Private Limited	Director	22/08/2013	22/08/2013	-	Active	NO
22	U45400MH2013PTC247452	ABD Dwellings Private Limited	Director	26/08/2013	26/08/2013	-	Active	NO
23	U45400MH2013PTC248224	ABD Realtors Private Limited	Director	13/09/2013	13/09/2013	-	Active	NO
24	U45201MH2013PTC248347	ABD Estates Private Limited	Director	20/09/2013	20/09/2013	-	Active	NO
25	U67120MH1979PTC021588	S T HOLDINGS PRIVATE LIMITED	Director	27/09/2014	18/02/2014	-	Active	NO
26	U70100MH2014PTC257772	Marengo Trading And Properties Private Limited	Director	03/09/2014	03/09/2014	-	Active	NO

Name :

Mr. Utpal Kumar Ganguli

Designation :

Additional director

Address :

14, Southend Park, Kolkata, West Bengal, India

Date of Birth/Age :

14.04.1945

Date of Appointment :

18.03.2010

PAN No.:

AARPG4164A

DIN No.:

00067083

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	U15510MH1989PTC052719	STANDARD DISTILLERIES AND BREWERIES PVT LTD	Director	30/11/1990	30/11/1990	-	Amalgamated	NO
2	U15500MH1986PLC039056	BDA PRIVATE LIMITED	Whole-time director	14/05/1991	14/05/1991	-	Active	NO
3	U74899MH1982PTC164283	ASHOKA LIQUORS PVT LTD	Director	27/05/1992	27/05/1992	-	Active	NO
4	U52208MH1992PTC159311	Allied Blenders and Distillers Private Limited	Director	25/08/1992	25/08/1992	-	Amalgamated	NO
5	U85110MH1989PTC168005	GEMINI BREWERIES PVT LTD.	Director	18/09/1992	18/09/1992	-	Amalgamated	NO
6	U67120MH1990PTC059427	DECCAN HOLDINGS PRIVATE LIMITED	Director	23/11/1992	23/11/1992	-	Active	NO
7	U67120MH1991PTC060065	DECCAN SECURITIES PRIVATE LIMITED	Director	23/11/1992	23/11/1992	-	Active	NO
8	U67120MH1991PTC060565	CHAMUNDA HOLDINGS PRIVATE LIMITED	Director	23/11/1992	23/11/1992	-	Active	NO
9	U67120MH1991PTC060566	YOGESHWAR HOLDINGS PRIVATE LIMITED	Director	23/11/1992	23/11/1992	-	Active	NO
10	U99999MH1990PTC058893	SANMAN DISTRIBUTORS PRIVATE LIMITED	Director	14/12/1992	14/12/1992	-	Active	NO
11	U51310MH1993PTC073077	HERITAGE OVERSEAS PVT LTD	Director	22/07/1993	22/07/1993	-	Amalgamated	NO
12	U74899MH1991PTC164540	ASHOKA SECURITIES PRIVATE LIMITED	Director	14/09/1993	14/09/1993	-	Amalgamated	NO
13	U51900MH1993PTC075507	YADHEER TRADERS PRIVATE LIMITED	Director	10/12/1993	10/12/1993	-	Amalgamated	NO
14	U51900MH1993PTC075513	BEETHOVEN TRADERS PRIVATE LIMITED	Director	10/12/1993	10/12/1993	-	Amalgamated	NO
15	U65990MH1993PTC074555	AIREDALE INVESTMENT AND TRADING PRIVATE LIMITED	Director	13/12/1993	13/12/1993	-	Amalgamated	NO
16	U74140WB1985PTC039828	SURJI CONSULTANTS PVT LTD	Director	16/02/1995	16/02/1995	-	Active	NO
17	U65910MH1989PTC053768	PIERRE CARDIN HOLDINGS PRIVATE LIMITED	Director	27/03/1995	27/03/1995	-	Amalgamated	NO
18	U99999MH1991PTC059862	MUSCARI WINERIES AND DISTILLERIES PRIVATE LIMITED	Director	16/08/1995	16/08/1995	-	Amalgamated	NO
19	U99999MH1987PTC045290	JAGRUTI INVESTMENTS PRIVATE LIMITED	Director	17/08/1995	17/08/1995	-	Amalgamated	NO
20	U99999MH1991PTC060636	MCSHAW DISTILLERIES PRIVATE LIMITED	Director	17/08/1995	17/08/1995	-	Amalgamated	NO
21	U99999MH1989PTC053760	DONGRE HOLDINGS PRIVATE LIMITED	Director	21/08/1995	21/08/1995	-	Amalgamated	NO
22	U51909WB1995PTC074195	MARKETING INCORPORATED PVT LTD	Director	18/09/1995	18/09/1995	-	Active	NO
23	U65910MH1993PTC074120	CACOMISTLE FINLEASE AND INVESTMENTS PRIVATE LIMITED	Director	14/11/1995	14/11/1995	-	Amalgamated	NO
24	U51900MH1993PTC075506	DARREL TRADERS PRIVATE LIMITED	Director	14/11/1995	14/11/1995	-	Amalgamated	NO
25	U51900MH1993PTC075512	STINGRAY TRADERS PRIVATE LIMITED	Director	14/11/1995	14/11/1995	-	Amalgamated	NO
26	U92113MH1986PTC038829	OSWAL ELECTRONICS PVT LTD	Director	26/07/1996	26/07/1996	-	Amalgamated	NO
27	U65920MH1993PTC073233	GALAN FINVEST PVT LTD	Director	26/07/1996	26/07/1996	-	Amalgamated	NO
28	U67120MH1996PTC101122	SEVEN STAR INVESTMENT AND TRADING COMPANY PRIVATE LIMITED	Director	26/07/1996	26/07/1996	-	Amalgamated	NO
29	U99999MH1991PTC059836	IMFA HOLDINGS P LTD	Director	29/07/1996	29/07/1996	-	Amalgamated	NO
30	U19119TN1987PTC015009	SHOE SPECIALITIES PRIVATE LIMITED	Director	18/11/1996	18/11/1996	-	Active	NO
31	U65990MH1997PTC111982	MARENGO INVESTMENT & TRADING COMPANY PRIVATE LIMITED	Director	20/11/1997	20/11/1997	-	Active	NO
32	U51100MH1994PTC076386	MAHAMERU TRADING COMPANY PRIVATE LIMITED	Director	10/06/1998	10/06/1998	-	Amalgamated	NO
33	U51228WB1995PTC071768	SPIRITUS PVT LTD	Director	06/07/2000	06/07/2000	-	Active	NO
34	U15533MH2001PTC132191	TRACSTAR DISTILLERIES PRIVATE LIMITED	Director	31/05/2001	31/05/2001	16/09/2014	Active	NO
35	U15135WB2003PTC096417	SURJI AGRO FOODS PRIVATE LIMITED	Director	19/06/2003	19/06/2003	-	Active	NO
36	U92412WB2003GAP096325	CALCUTTA CRICKET & FOOTBALL CLUB	Director	28/07/2004	28/07/2004	26/07/2006	Active	NO
37	U91990WB1907GAP001754	THE BENGAL CLUB LTD	Director	13/12/2006	13/12/2006	28/01/2011	Active	NO
38	U15549MH2006PTC166229	Henkell & Company India Private Limited	Director	31/07/2007	31/07/2007	-	Active	NO
39	U45400MH2007PTC175702	BHUNESHWARI PROPERTIES PRIVATE LIMITED	Director	05/11/2007	05/11/2007	-	Active	NO
40	U45400MH2007PTC175705	PITAMBARI PROPERTIES PRIVATE LIMITED	Director	05/11/2007	05/11/2007	-	Active	NO
41	U15511MH2008PTC187368	Allied Blenders And Distillers Private Limited	Director	16/08/2010	18/03/2010	-	Active	NO
42	U15531MH2006PTC262354	WALES DISTILLER PVT LTD	Director	30/09/2013	03/05/2013	-	Active	NO
43	U92412WB2013PTC197258	DAC FOOTBALL CLUB PRIVATE LIMITED	Director	17/09/2013	17/09/2013	-	Active	NO

Name :

Mr. Deepak Roy

Designation :

Additional director

Address :

11, Rambha, 66, Nepeansea Road, Mumbai – 400006, Maharashtra, India

Date of Birth/Age :

25.12.1951

Date of Appointment :

16.08.2010

DIN No.:

00178236

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	U00305DL2005PTC139174	BIOINNOVAT RESEARCH SERVICES PRIVATE LIMITED	Director	29/07/2005	29/07/2005	31/12/2007	Active	NO
2	U15520MH2006PTC162423	Vallee de Vin Private Limited	Director	22/05/2006	22/05/2006	-	Amalgamated	NO
3	L74899DL1993PLC052177	Globus Spirits Limited	Director	29/09/2007	20/02/2007	22/10/2009	Active	NO
4	U52208MH1992PTC159311	Allied Blenders and Distillers Private Limited	Director	25/10/2007	25/10/2007	-	Amalgamated	NO
5	U15549MH2006PTC166229	Henkell & Company India Private Limited	Director	22/01/2008	22/01/2008	-	Active	NO
6	U15511MH2008PTC187368	Allied Blenders And Distillers Private Limited	Director	16/08/2010	18/03/2010	-	Active	NO
7	U01100MH1988PLC049515	GROVER ZAMPA VINEYARDS LIMITED	Director	28/09/2012	08/06/2012	-	Active	NO

Name :

Mr. Jeetendra Amar Hemdev

Designation :

Additional director

Address :

Palm Aprings, 14th Floor, Flat No.3, Cuffe Parade, Colaba, Mumbai - 400005, Maharashtra, India

Date of Birth/Age :

02.11.1973

Date of Appointment :

29.09.2014

DIN No.:

01501189

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	U36911MH1990PTC057980	GHANASINGH JEWELLERS PRIVATE LIMITED	Director	02/02/1997	02/02/1997	-	Active	NO
2	U45203MH2002PTC136716	HEMDEV REALTY PRIVATE LIMITED	Director	05/08/2002	05/08/2002	-	Active	NO
3	U36911MH2007PTC171637	GHANASINGH SIGNATURE JEWELLERY PRIVATE LIMITED	Director	13/06/2007	13/06/2007	-	Active	NO
4	U74120MH2013PTC250244	AMAR GHANASINGH JEWELLERS PRIVATE LIMITED	Director	21/11/2013	21/11/2013	-	Active	NO
5	U15511MH2008PTC187368	Allied Blenders And Distillers Private Limited	Director	29/09/2014	28/01/2014	-	Active	NO

Name :

Mr. Ramakrishnan Ramaswamy

Designation :

Director

Address :

604, Marathon Galaxy - I, L.B.S. Marg, Mulund, Mumbai-400080, Maharashtra, India

Date of Appointment :

30.09.2015

DIN No.:

00773787

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	U74950TN1989PTC046718	PACKAGING INDIA PRIVATE LIMITED	Director	28/04/2007	31/08/2006	15/08/2007	Active	NO
2	U11101UP2004FTC047908	JUBILANT OFFSHORE DRILLING PRIVATE LIMITED	Director	30/09/2008	11/01/2008	11/02/2009	Active	NO
3	U51909UP1997FTC047891	JUBILANT ENERGY (KHARSANG) PRIVATE LIMITED	Director	30/09/2008	04/06/2008	30/04/2010	Active	NO
4	U23209UP2007FTC047847	JUBILANT ENERGY (NELP-V) PRIVATE LIMITED	Director	30/09/2008	04/06/2008	30/04/2010	Active	NO
5	U74899UP1992FTC047880	JUBILANT OIL & GAS PRIVATE LIMITED	Whole-time director	30/09/2008	30/09/2008	15/11/2008	Active	NO
6	U15135WB2003PTC096417	SURJI AGRO FOODS PRIVATE LIMITED	Nominee director	10/02/2015	10/02/2015	-	Active	NO
7	U15511TR2006PTC008143	UNOKOTI BOTTLING AND BEVERAGE PRIVATE LIMITED	Director	11/09/2015	18/03/2015	-	Active	NO
8	U74900TG2008PTC059345	SHASTA BIO-FUELS PRIVATE LIMIED	Director	23/09/2015	20/03/2015	-	Active	NO
9	U15511MH2008PTC187368	Allied Blenders And Distillers Private Limited	Director	30/09/2015	17/07/2015	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Ratan Lal Jain
Designation :	Secretary
Address :	403, Dhanlaxmi, RDP-2, VER-10, S.V.P. Road, Versova, 4-Bungalows, Andheri (West), Mumbai – 400058, Maharashtra, India
Date of Birth/Age :	25.04.1955
Date of Appointment :	30.03.2010
PAN No.:	ACEPJ1448H
Name :	Mr. Atil Dalad
Designation :	Vice President in Finance
Name :	Mr. Pradip
Designation :	Sales Manager
Name :	Mr. Babu
Designation :	Treasury Head

MAJOR SHAREHOLDERS

As on 29.09.2014

Names of Equity Shareholders	No. of Shares
BKC Enterprises Private Limited, India	9364000
Bina Chhabria Enterprises Private Limited, India	177
Officers Choice Spirits Private Limited, India	323
Deepak Roy	415500
Total	9780000

Names of Preference Shareholders	No. of Shares
BKC Enterprises Private Limited, India	34972031
Bina Chhabria Enterprises Private Limited, India	27969
Total	35000000

Equity Share Break up (Percentage of Total Equity)

As on 29.09.2014

Category	Percentage
Bodies corporate	95.75
Directors or relatives of Directors	4.25
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer and Exporter of Alcoholic Beverages.

Products :

Product Description	Item Code No. (ITC Code)
IMFL	22082000

Brand Names :

“OFFICER’S CHOICE”

Agencies Held :

--

Exports :

Products :

Finished Goods

Countries :

• United Arab Emirates
• Nigeria
• Middle East
• Oman
• Qatar
• Ghana

Imports :

Products :

Raw Material

Countries :

• Scotland
• China

Terms :

Selling :

L/C, Cheque

Purchasing :

L/C, Cheque

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 :

623 (Approximately)

Bankers :

Bank Name	Axis Bank Limited
Branch	Jeevan Prakash Building (Branch), Fort, Mumbai-400001, Maharashtra, India
Person Name (With Designation)	Not Available
Contact Number	91-22-40867336 (Ringing)
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

· ICICI Bank Limited, Landmarkrace Cource Circle, Alkapuri, Baroda - 390015, Gujarat, India

· Axis Bank Limited, Corporate Banking Branch, Ground Floor, Axis House, Bombay Dyeing Mills Compound, P. B. Marg, Worli, Mumbai - 400025, Maharashtra, India

· State Bank of Travancore, 112-115 Tulsiani Chambers, 212 Free Press Journal Marg, Nariman Point, Mumbai - 400021, Maharashtra, India

· State Bank of Mauritius

· Punjab National Bank

· Andhra Bank

· Bank of Baroda

· Bank of India

· Bank of Maharashtra

· Canara Bank

· Central Bank of India

· Punjab and Sind Bank

· State Bank Bikaner Jaipur

· State Bank of Hyderabad

· State Bank of India

· United Bank of India

· UCO Bank

· Vijaya Bank

Facilities :

SECURED LOANS	31.03.2014 Rs. In Million	31.03.2013 Rs. In Million
LONG TERM BORROWINGS
Rupee term loans from banks	241.667	193.750
Deferred payment for acquisition of fixed assets	49.697	0.000
Loans taken for fixed assets	25.285	9.581
SHORT TERM BORROWINGS
Working capital loans from banks	1859.686	1433.834
Total	2176.335	1637.165

Auditors :
Name :	Ford, Rhodes, Parks and Company Chartered Accountants
Address :	Sai Commercial Building, 312/313, 3^rd Floor, BKS Devishi Marg, Govandi (East), Mumbai - 400088, Maharashtra, India
PAN N Income-tax PAN of auditor or auditor's firm :	AAAFF1843L
Memberships :	--
Collaborators :	--
Holding Company :	BKC Enterprises Private Limited CIN No.: U45202MH2009PTC194091
Fellow Subsidiary Company :	Tracstar Investments Private Limited (TRF) CIN No.: U67120MH1988PTC159991
Subsidiary Company :	Wales Distiller Private Limited CIN No.: U15531WB2006PTC107561
Joint Venture :	Henkell and Company India Private Limited CIN No.: U15549MH2006PTC166229
Enterprises where Key Management Personnel having significant influence:	Oriental Radios Private Limited CIN No.: U32200MH1938PTC002773 Surji Agro Foods Private Limited CIN No.: U15135WB2003PTC096417 Starvoice Properties Private Limited CIN No.: U70100MH2002PTC135761 Rayonyarns Import Company Private Limited CIN No.: U17110MH1954PTC009219

CAPITAL STRUCTURE

As on 29.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
10110000	Equity Shares	Rs. 10/- each	Rs.101.100 Million
35000000	Preference Shares	Rs. 10/- each	Rs.350.000 Million
	Total		Rs.451.100 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
9780000	Equity Shares	Rs. 10/- each	Rs.97.800 Million
35000000	Preference Shares	Rs. 10/- each	Rs.350.000 Million
	Total		Rs.447.800 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	447.800	447.800	437.800
(b) Reserves & Surplus	1283.472	1195.052	1022.380
(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)	1731.272	1642.852	1460.180
(3) Non-Current Liabilities
(a) long-term borrowings	949.149	883.331	475.363
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	272.480	288.084	0.000
(d) long-term provisions	99.163	96.651	63.231
Total Non-current Liabilities (3)	1320.792	1268.066	538.594
(4) Current Liabilities
(a) Short term borrowings	1911.226	1481.121	1497.659
(b) Trade payables	621.891	483.864	505.443
(c) Other current liabilities	1074.109	732.370	561.600
(d) Short-term provisions	47.543	29.397	21.396
Total Current Liabilities (4)	3,654.769	2726.752	2586.098
TOTAL	6706.833	5637.670	4584.872
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	1756.253	1579.762	1617.743
(ii) Intangible Assets	3.143	2.340	1.669
(iii) Capital work-in-progress	15.830	62.780	47.392
(iv) Intangible assets under development	58.378	21.109	0.000
(b) Non-current Investments	164.717	77.921	58.921
(c) Deferred tax assets (net)	37.802	52.738	44.984
(d) Long-term Loan and Advances	651.398	516.339	59.453
(e) Other Non-current assets	30.371	30.371	0.000
Total Non-Current Assets	2717.892	2343.360	1830.162
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	324.290	235.126	336.218
(c) Trade receivables	940.205	870.985	911.995
(d) Cash and cash equivalents	102.590	120.657	109.906
(e) Short-term loans and advances	2497.232	1984.559	1288.394
(f) Other current assets	124.624	82.983	108.197
Total Current Assets	3988.941	3294.310	2754.710
TOTAL	6706.833	5637.670	4584.872

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2014	31.03.2013	31.03.2012
	INCOME (Approximately)		1549.712	NA	NA
	EXPENSES		NA	NA	NA
	PROFIT/(LOSS) BEFORE TAX		395.077	125.566	77.676
Less	TAX		107.906	42.895	30.454
	PROFIT/(LOSS) AFTER TAX		287.171	82.671	47.222
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		302.272	219.601	172.379
Less	APPROPRIATIONS
		Interim Preference Dividend	101.500	0.000	0.000
		Tax on Dividend	17.250	0.000	0.000
	BALANCE CARRIED TO THE B/S		470.693	302.272	219.601
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	NA	661.417	633.202
	TOTAL		NA	661.417	633.202
	Earnings / (Loss) Per Share (Rs.)		6.41	1.85	1.08

Particulars	31.03.2015
Sales Turnover (Approximately)	21246.189

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2014	31.03.2013	31.03.2012
Current Maturities of Long term debt	181.024	104.769	13.871
Cash generated from operations	NA	NA	NA
Net cash flows from (used in) operation	569.697	156.957	(49.718)

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Return on Total Assets (PBT/Total Assets}	(%)	6.14	2.32	1.75
Return on Investment (ROI) (PBT/Networth)		0.23	0.08	0.05
Debt Equity Ratio (Total Debt /Networth)		1.65	1.44	1.35
Current Ratio (Current Asset/Current Liability)		1.09	1.21	1.07

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	437.800	447.800	447.800
Reserves & Surplus	1022.38	1195.052	1283.472
Net worth	1460.180	1642.852	1731.272
long-term borrowings	475.363	883.331	949.149
Short term borrowings	1497.659	1481.121	1911.226
Current maturities of long-term debts	13.871	104.769	181.024
Total borrowings	1986.893	2469.221	3041.399
Debt/Equity ratio	1.361	1.503	1.757

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)	Yes
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 two years	No
27]	Reasons for variation <> 20%	--
28]	Estimation for coming financial year	Yes
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	Yes
33]	Market information	--
34]	Payments terms	Yes
35]	Negative Reporting by Auditors in the Annual Report	No

LITIGATION DETAILS

Case Details
Bench:- Bombay
Presentation Date:-				05/01/2015
Lodging No.:-		NMSL/8/2015		Filing Date:-		05/01/2015
Reg No.:-		NMS/103/2015		Reg. Date :-		28/01/2015
Main Matter
Lodging No.:-		CCL/1281/2010		Reg No.:-		CC/6/2010
Petitioner:-	TILAKNAGAR INDUSTRIES LIMITED		Respondent:-		ALLIED BLENDERS AND DISTILLERS PRIVATE LIMITED
Petn.Adv:-	W S KANE AND COMPANY (I300)
District:-	MUMBAI
Bench:-	SINGLE
Status:-	Pre-Admission		Category:-		NOTICE OF MOTION.
Next Date:-	15/01/2015		Stage:-		CHAMBER SUMMONS FOR HEARING [ORIGINAL SIDE MATTERS]
Coram:-	HON'BLE SHRI JUSTICE S.C. GUPTE
Act :-	Code of Civil Procedure 1908

UNSECURED LOANS:

Particulars	31.03.2014 Rs. In Million	31.03.2013 Rs. In Million
LONG TERM BORROWINGS
Loans and advances from related parties	632.500	680.000
SHORT TERM BORROWINGS
Loans repayable on demand from banks	51.540	47.287
Total	684.040	727.287

OPERATIONS:

The company has achieved a significant landmark and recorded a sales figure of 25 million cases for the year 2013-14, as against 20 million cases of the previous year, a growth of 24% which is considerably higher than the industry growth of 2%. The company’s market share has improved to 8% and Officer’s Choice the flagship brand of the Company’s market share, increased by 5% to reach 32%.

Officer’s Choice whisky brand recorded sales of 19.97 million cases for the year ending 31st March, 2014 against 17.55 million cases in FY ending in 31st March,2013 a growth of 14% in regular segment against an industry de-growth of 5% in regular segment of IMFL.

For the fourth year in a row, Officer’s Choice continues to be the largest IMFL brand exported from India. During the year, the Company exported 1.2 million cases. OCW was recently launched in the US market.

In the domestic market, Officer’s Choice is a clear market leader in the States of Assam, Andhra Pradesh, Arunachal Pradesh, Bihar, Chandigarh, Haryana, Himachal Pradesh, Jharkhand, Meghalaya, Punjab, Rajasthan, Tripura and West Bengal. The company has also improved its performance in the Western Market. It particularly improved its market share in Maharashtra state to 25% in the year 13-14 from 20% last year.

The Company expects growth momentum to continue in current financial year.

Officer’s Choice Blue Whisky achieved a rare feat of being the only brand in the AlcoBev industry to cross sale of 3.5 million cases within 2 years of its national launch. It had a whooping growth of 177% against the segment growth rate of 19%. It achieved 11% market share in the states where it was launched. The Company expanded its reach to the markets of Karnataka, Rajasthan, Bihar and Mumbai in the year under discussion. In the current Financial Year, the Company has already launched this brand in the market of Himachal Pradesh. The brand was

awarded the ?Brand Excellence Award for Emerging Brand of the Year 2013 by the World Brand Congress, Packaging Excellence Award by Ambrosia and in the recently held Spirit of India awards, its Raise The Voice Campaign won the coveted campaign of the year award.

Launched in the year 2012, Kyron, the Company offering in the Premium brandy segment in the state of Andhra Pradesh and Kerala and has gained market share of 20% in Andhra Pradesh and 12% in Kerala. During the year, the Company has shown a very promising growth of 238% in Andhra Pradesh and 63% in Kerala over earlier financial year.

Officer’s Choice Black, the Company’s entry into the semi-premium-plus whisky was launched to a rousing reception in the states of Delhi and West Bengal in Jan14. The blend as well as the packaging has been well received in the market.

Allied Blenders and Distillers Private Limited Standalone Balance Sheet for period 01/04/2013 to 31/03/2014

On the manufacturing front Company’s three units produced 3.13 million cases. The re-distillation plant at Aurangabad has produced its own extra neutral alcohol from brought out rectified spirit. The total quantity produced during the year was 2212 lacs BL. The re-distillation plant has the capacity of producing 30 KL per day.

During the year, the Company started new banking relationship with Standard Chartered Bank.

ACQUISITIONS:

During the current financial year, the Company has acquired 100% issued and paid up equity capital of NV Distilleries and Breweries (AP) Private Limited, which has Letter of Intent issued by Government of Andhra Pradesh for establishment and working of a distillery for manufacture of sprits from raw materials grains with a production capacity of 48000 KLPA for Industrial purpose wholly or partly at Damarakunta Village Mulugu Mandal, Medak District in the state of Telangana (Formerly known as Andhra Pradesh).

With this NV Distilleries and Breweries (AP) Private Limited has become wholly owned subsidiary of the Company.

INDEX OF CHARGE:

Sr. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10534574	18/10/2014	11,291,745.00	ICICI Bank Limited	Landmarkrace Cource Circle, Alkapuri, Baroda, Gujarat - 390015, India	C35781178
2	10529902	09/10/2014	250,000,000.00	State Bank Of Mysore	Corporate Account Branch, Mittal Court, "C" Wing, Nariman Point, Mumbai, Maharashtra - 400021, India	C32788143
3	10501189	26/05/2014	350,000,000.00	Standard Chartered Bank	Narain Manzil, 23, Barakhamba Road, Delhi, Delhi  - 110001, India	C05684931
4	10478242	22/01/2014	16,242,847.00	ICICI Bank Limited	Landmarkrace Cource Circle, Alkapuri, Baroda, Gujarat - 390015, India	B96660915
5	10456653	04/10/2013	5,844,000.00	ICICI Bank Limited	Landmarkrace Cource Circle, Alkapuri, Baroda, Gujarat - 390015, India	B88181284
6	10483513	07/09/2013	7,992,516.00	ICICI Bank Limited	Landmarkrace Cource Circle, Alkapuri, Baroda, Gujarat - 390015, India	B90765553
7	10448777	04/09/2013	400,000,000.00	Yes Bank Limited	9th Floor, Nehru Centre, Discovery Of India, Dr.  Annie Besant Road, Worli, Mumbai, Maharashtra - 400018, India	B84881366
8	10390042	23/05/2014 *	800,000,000.00	State Bank Of Travancore	112-115 Tulsiani Chambers, 212 Free Press Journal  Marg, Nariman Point, Mumbai, Maharashtra - 400021, India	C06741144
9	10381597	12/02/2014 *	760,000,000.00	State Bank of Bikaner and Jaipur	Commercial Network Branch 239 P D D. Mello Road, Near Gpo, Mumbai, Maharashtra - 400001, India	C03696853
10	10300835	16/07/2011	2,300,000.00	HDFC Bank Limited	HDFC Bank Housesenapati Bapat Marg, Lower Parel W, Mumbai, Maharashtra - 400013, India	B18285007
11	10300844	16/07/2011	2,300,000.00	HDFC Bank Limited	HDFC Bank Housesenapati Bapat Marg, Lower Parel W, Mumbai, Maharashtra - 400013, India	B18288720
12	10297175	25/06/2011	7,500,000.00	HDFC Bank Limited	HDFC Bank Housesenapati Bapat Marg, Lower Parel W, Mumbai, Maharashtra - 400013, India	B16793481
13	10292314	06/06/2011	6,300,000.00	BMW India Financial Services Private Limited	Tower C, 14th Floor, Building No. 10, Dlf Cyber City, Phase-Ii, Gurgaon, Haryana - 122002, India	B15045693
14	10094694	21/12/2012 *	735,000,000.00	Axis Bank Limited	Corporate Banking Branch, Axis House, Grd. Floor, C-2, Wadia International Centre, P.B. Marg, Worli,, Mumbai, Maharashtra - 400025, India	B66161258
15	10100818	17/12/2007	4,100,000.00	ICICI Bank Limited	Landmarkrace Cource Circle, Alkapuri, Baroda, Gujarat - 390015, India	A37444841

*Date of modification Charges

FIXED ASSETS:

· Land

· Building

· Plant and Machinery

· Computer

· Vehicles

· Furniture and Fixture

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.66.75
UK Pound	1	Rs.100.67
Euro	1	Rs.70.87

INFORMATION DETAILS

Information Gathered by :	GAY
Analysis Done by :	DIV
Report Prepared by :	JYTK

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	6
--CREDIT LINES	1~10	5
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	YES
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	YES
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		49

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.