MIRA INFORM REPORT
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Report No. : |
343282 |
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Report Date : |
03.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
UST GLOBAL INFORMATION TECHNOLOGY PARKS PRIVATE LIMITED |
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Registered
Office : |
UST Global Campus, Technopark Phase II, Electronics, Technology Parks
SEZ II, Attipra, Kulathoor, Trivandrum – 695583, Kerala |
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Tel. No.: |
91-44-43992000 |
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Country : |
India |
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Financials (as
on) : |
31.03.2014 |
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Date of Incorporation
: |
18.08.2008 |
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Com. Reg. No.: |
09-022985 |
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Capital
Investment / Paid-up Capital : |
Rs.10.441 Million |
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CIN No.: [Company Identification
No.] |
U72200KL2008PTC022985 |
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IEC No.: |
Not Available |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
AABCU1169Q |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Subject is primarily operates in the business of providing infrastructure facilities in the IT/ITES Special Economic Zone in Kerala. |
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No. of Employees
: |
Information declined by the management. |
RATING & COMMENTS
|
MIRA’s Rating : |
B (28) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Slow |
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Litigation : |
Clear |
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Comments : |
Subject was incorporated on 18th August, 2008. It is a
wholly owned subsidiary of UST Global (Singapore) Pte Limited, Singapore. The company has incurred a huge accumulated loss which has eroded the
networth of the company during FY2014. Management is reported as experienced, respectable and having in-depth
knowledge in their fields. Trade relations are fair. Business is active. Payment terms are slow. In view of strong holdings, the company can be considered for business
dealings with some cautions. |
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 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
Not Available |
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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. Charles |
|
Designation : |
Supervisor |
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Contact No.: |
91-44-43992000 |
|
Name : |
Mr. Mukesh |
|
Designation : |
Finance Department |
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Contact No.: |
91-9035703269 |
|
Date : |
01.10.2015 |
LOCATIONS
|
Registered Office : |
UST Global Campus, Technopark Phase II, Electronics, Technology Parks
SEZ II, Attipra, Kulathoor, Trivandrum – 695583, Kerala, India |
|
Tel. No.: |
Not Available |
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Mobile No.: |
91-9035703269 (Mr. Mukesh) |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
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Branch Office 1 : |
ASV Suntech Park, No. 148, Old Mahabalipuram Road, Chennai-600096, Tamilnadu, India |
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Tel. No.: |
91-44-43992000 |
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Fax No.: |
91-44-43992101 |
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Branch Office : |
Also Located At :
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DIRECTORS
AS ON 30.09.2014
|
Name : |
Mr. Subhash Kanhilimadhom Parameswaran |
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Designation : |
Director |
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Address : |
TC 28/408 Vilayil House, Kaithamukku, Trivandrum - 695024, Kerala, India |
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Date of Birth/Age : |
17.11.1965 |
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Date of Appointment : |
30.09.2013 |
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DIN No.: |
03572163 |
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Other Directorship
:
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Name : |
Mr. Sajish Kochattil |
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Designation : |
Director |
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Address : |
Kochattil House, Arimpur P.O, Thrisur - 680620, Kerala, India |
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Date of Birth/Age : |
01.03.1981 |
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Date of Appointment : |
30.09.2014 |
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DIN No.: |
06863928 |
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Other Directorship
:
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KEY EXECUTIVES
|
Name : |
Mr. Charles |
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Designation : |
Supervisor |
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|
Name : |
Mr. Mukesh |
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Designation : |
Finance Department |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2014
|
Names of Shareholders |
No. of Shares |
%age
holding |
|
UST Global (Singapore) Pte Limited, Singapore |
1034110 |
99.04 |
|
US Technology International Private Limited, India |
10000 |
0.96 |
|
Total |
1044110 |
100.00 |
Equity Share Break up (Percentage of Total Equity)
AS ON 30.09.2014
|
Category |
Percentage |
|
Foreign holdings( Foreign institutional investor(s),
Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s)
or Overseas Corporate bodies or Others |
99.04 |
|
Bodies corporate |
0.96 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is primarily operates in the business of providing infrastructure facilities in the IT/ITES Special Economic Zone in Kerala. |
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Products : |
Not Available |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Divulged |
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Imports : |
Not Divulged |
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Terms : |
Not Divulged |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
Information declined by the management. |
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Bankers : |
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Facilities : |
Indian rupee term loan from a bank relates to loan taken from ICICI Bank and carries an interest of 2.75% below the ICICI Bank benchmark advance rate prevailing on the date of disbursement of each drawdown, plus liquidity premium, plus applicable interest tax or other statutory levy, if any. The loan is secured by exclusive charge over all the movable properties of the Company both present and future, exclusive mortgage over 29.88 acres of land leased to US Technology International Private Limited (a Fellow Subsidiary Company) by Electronic Technology Parks, Kerala, exclusive mortgage over 6.12 acres of land leased to it by US Technology International Private Limited (a Fellow Subsidiary Company) together with the building under construction on the leased land. Further, the loan has been guaranteed by US Technology International Private Limited (a Fellow Subsidiary Company), UST Global Technology Services (India) Private Limited (a Fellow Subsidiary Company) and UST Holdings Limited (the Ultimate Holding Company). |
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Auditors : |
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Name : |
S R Batliboi and Associates LLP Chartered Accountants |
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Address : |
12th and 13th Floor, UB City Canberra Block, No. 24, Vittal Mallya Road, Bangalore - 560001 |
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PAN No.: |
ABSFS4151K |
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Memberships : |
-- |
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Collaborators : |
-- |
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Holding Company: |
UST Global (Singapore) Pte Limited |
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Ultimate Holding
Company |
UST Holdings Limited |
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Parent of UST
Holdings Limited |
Tricase Investment Holdings Inc. |
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Fellow Subsidiaries |
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CAPITAL STRUCTURE
AS ON 30.09.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2,000,000 |
Equity Shares |
Rs.10/- each |
Rs.20.000 Million |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1,044,110 |
Equity Shares |
Rs.10/- each |
Rs.10.441 Million |
FINANCIAL DATA
[all figures are
in Rupees Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
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I.
EQUITY AND LIABILITIES |
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|
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|
(1)Shareholders' Funds |
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|
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(a) Share Capital |
10.441 |
10.441 |
10.441 |
|
(b) Reserves &
Surplus |
(128.868) |
(10.007) |
(4.316) |
|
(c) Money received
against share warrants |
0.000 |
0.000 |
0.000 |
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|
|
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|
(2) Share Application
money pending allotment |
0.000 |
0.000 |
0.000 |
|
Total Shareholders’ Funds
(1) + (2) |
(118.427) |
0.434 |
6.125 |
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|
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(3) Non-Current
Liabilities |
|
|
|
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(a) long-term borrowings |
2185.954 |
1188.801 |
789.901 |
|
(b) Deferred tax
liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long term
liabilities |
26.158 |
32.476 |
7.494 |
|
(d) long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
2212.112 |
1221.277 |
797.395 |
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|
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(4) Current Liabilities |
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|
|
|
(a) Short term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade payables |
1.970 |
0.558 |
0.562 |
|
(c) Other current
liabilities |
550.343 |
349.283 |
149.439 |
|
(d) Short-term provisions |
0.000 |
1.042 |
0.000 |
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Total Current Liabilities
(4) |
552.313 |
350.883 |
150.001 |
|
|
|
|
|
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TOTAL |
2645.998 |
1572.594 |
953.521 |
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II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
0.000 |
0.000 |
0.000 |
|
(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
2227.191 |
1278.591 |
764.055 |
|
(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 |
181.738 |
131.215 |
61.994 |
|
(e) Other Non-current
assets |
195.697 |
91.509 |
113.404 |
|
Total Non-Current Assets |
2604.626 |
1501.315 |
939.453 |
|
|
|
|
|
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(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
0.000 |
0.000 |
0.000 |
|
(c) Trade receivables |
0.000 |
10.364 |
0.000 |
|
(d) Cash and cash
equivalents |
7.968 |
37.686 |
5.252 |
|
(e) Short-term loans and
advances |
0.580 |
0.591 |
1.556 |
|
(f) Other current assets |
32.824 |
22.638 |
7.260 |
|
Total Current Assets |
41.372 |
71.279 |
14.068 |
|
|
|
|
|
|
TOTAL |
2645.998 |
1572.594 |
953.521 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
SALES |
|
|
|
|
|
Income |
5.982 |
0.580 |
2.792 |
|
|
Other Income |
|
|
|
|
|
TOTAL |
5.982 |
0.580 |
2.792 |
|
|
|
|
|
|
|
Less |
EXPENSES |
124.843 |
5.722 |
4.561 |
|
|
|
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|
|
PROFIT/ (LOSS) BEFORE TAX |
(118.861) |
(5.142) |
(1.769) |
|
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|
|
|
|
Less |
TAX |
0.000 |
0.549 |
0.000 |
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|
PROFIT/ (LOSS) AFTER TAX
|
(118.861) |
(5.691) |
(1.769) |
|
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|
|
|
|
|
Earnings / (Loss) Per
Share (Rs.) |
(113.84) |
(5.45) |
(1.94) |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Current maturities of long-term debt |
388.631 |
317.202 |
110.359 |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flows from (used in) operations |
4.662 |
(17.434) |
(0.957) |
|
Net cash flows from (used in) operating activities |
1.259 |
(18.788) |
(0.957) |
KEY
RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Net Profit Margin (PAT / Total Income) |
(%) |
(1986.98) |
(981.21) |
(63.36) |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
(28.38) |
(1.75) |
(0.93) |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
1.00 |
(11.85) |
(0.29) |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
(21.74) |
3470.05 |
146.98 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.07 |
0.20 |
0.09 |
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 |
10.441 |
10.441 |
10.441 |
|
Reserves & Surplus |
(4.316) |
(10.007) |
(128.868) |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net worth |
6.125 |
0.434 |
(118.427) |
|
|
|
|
|
|
long-term borrowings |
789.901 |
1188.801 |
2185.954 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Current maturities of
long-term debt |
110.359 |
317.202 |
388.631 |
|
Total borrowings |
900.260 |
1506.003 |
2574.585 |
|
Debt/Equity ratio |
146.981 |
3,470.053 |
(21.740) |
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) |
|
Total Income |
2.792 |
0.580 |
5.982 |
|
|
|
(79.226) |
931.379 |
NET PROFIT MARGIN
|
Net Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs. In Million) |
(Rs. In Million) |
(Rs. In Million) |
|
Total Income |
2.792 |
0.580 |
5.982 |
|
Profit/ Loss |
(1.769) |
(5.691) |
(118.861) |
|
|
(63.36%) |
(981.21%) |
(1986.98%) |
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 |
No |
|
12 |
Voter Id Card No. of Proprietor / Partners |
No |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
No |
|
16 |
No. of employees |
No |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
Yes |
|
22 |
Conduct of the banking account |
-- |
|
23 |
Financials, if provided |
Yes |
|
24 |
Capital in the business |
Yes |
|
25 |
Last accounts filed at ROC, if applicable |
Yes |
|
26 |
Turnover of firm for last three years |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last three years |
Yes |
|
30 |
Major shareholders, if available |
Yes |
|
31 |
External Agency Rating, if available |
No |
|
32 |
Litigations that the firm/promoter
involved in |
--- |
|
33 |
Market information |
--- |
|
34 |
Payments terms |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
UNSECURED LOAN
|
PARTICULARS |
31.03.2014 (Rs.
in Million) |
31.03.2013 (Rs.
in Million) |
|
Long-term
Borrowings |
|
|
|
Loans and advances from related parties [Loan from a related party is unsecured, interest free and is not payable within one year.] |
1250.816 |
535.032 |
|
|
|
|
|
Total |
1250.816 |
535.032 |
INDEX OF CHARGES
|
S.NO. |
CHARGE ID |
DATE OF CHARGE
CREATION/MODIFICATION |
CHARGE AMOUNT
SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST
NUMBER (SRN) |
|
1 |
10360358 |
21/11/2014 * |
1,300,000,000.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, GUJ |
C47928361 |
|
2 |
10360355 |
21/11/2014 * |
600,000,000.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, GUJ |
C48161624 |
|
3 |
10221754 |
29/04/2011 * |
1,800,000,000.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, GUJ |
B13394358 |
* Date of charge modification
BACKGROUND
The Company primarily operates in the business of providing infrastructure facilities in the IT/ITES Special Economic Zone in Kerala. Accordingly, the disclosure of business, geographical and segment information is not applicable to the Company.
NOTE
The registered office of the company has been shifted from Sea Facing Block, 4th Floor, Bhavani Building, Technopark, Trivandrum – 695581, Kerala, India to the present address w.e.f 01.07.2013.
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners, controlling
shareholders or senior officers as terrorist or terrorist organization or whom
notice had been received that all financial transactions involving their assets
have been blocked or convicted, found guilty or against whom a judgement or
order had been entered in a proceedings for violating money-laundering,
anti-corruption or bribery or international economic or anti-terrorism sanction
laws or whose assets were seized, blocked, frozen or ordered forfeited for
violation of money laundering or international anti-terrorism laws.
2] Court Declaration :
No exist to suggest that subject is or was
the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority for
any financial crime or under any formal investigation by a competent government
authority for any violation of anti-corruption laws or international anti-money
laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.55 |
|
|
1 |
Rs.99.17 |
|
Euro |
1 |
Rs.73.08 |
INFORMATION DETAILS
|
Information
Gathered by : |
SUP |
|
|
|
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
SNT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
2 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILITY |
1~10 |
2 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
2 |
|
--CREDIT LINES |
1~10 |
3 |
|
--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 |
|
28 |
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.