MIRA INFORM REPORT

Report No. :	346102
Report Date :	20.10.2015

IDENTIFICATION DETAILS

Name :	BHASKAR INDUSTRIES PRIVATE LIMITED (w.e.f. 05.12.2012)
Formerly known as :	BHASKAR INDUSTRIES LIMITED
Registered Office :	6, Dwarka Sadan, Press Complex, M. P. Nagar, Bhopal – 462011, Madhya Pradesh
Tel. No.:	91-755-3988884
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	18.11.1985
Com. Reg. No.:	10-003145
Capital Investment / Paid-up Capital :	Rs. 76.040 Million
CIN No.: [Company Identification No.]	U67120MP1985PTC003145
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	BPLB00906D
PAN No.: [Permanent Account No.]	AAACB5809M
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer and exporter of Textile Products.
No. of Employees :	1500 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (46)

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

Maximum Credit Limit :	USD 8300000
Status :	Satisfactory
Payment Behaviour :	Usually correct
Litigation :	Clear
Comments :	Subject is an established company incorporated in the year 1985 having satisfactory track. Profit of the company has sharply declined during FY 2014. However, networth position of the company is satisfactory. General financial position of the company is normal and acceptable for business dealings. The rating also derives strength from its experienced management and established position of BIPL in denim industry. Trade relations are reported as fair. Business is active. Payment terms are reported as usually correct and as per commitments. In view of long track record and acceptable financial base, 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	07.04.2015

Rating Agency Name	CARE
Rating	Long Term Bank Facilities = A3+
Rating Explanation	Moderate degree of safety and carry higher credit risk
Date	07.04.2015

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.

INFORMATION PARTED BY (GENERAL DETAILS)

Name :	Mr. Rajesh
Designation :	Accounts Manager
Contact No.:	91-755-3988884
Date :	19.10.2015

LOCATIONS

Registered Office :	6, Dwarka Sadan, Press Complex, M. P. Nagar, Bhopal – 462011, Madhya Pradesh, India
Tel. No.:	91-755-3988884
Fax No.:	91-755-2675190
E-Mail :	csbpl2008@yahoo.co.in srigopal@bhaskarindutries.com exports@bhaskarindutries.com mktg@bhaskarindutries.com info@bhaskarindutries.com
Website :	www.bhaskarindustries.com
Factory :	15-16 Sector D Industrial Area, Mandeep, Bhopal, Madhya Pradesh, India

DIRECTORS

AS ON 25.07.2014

Name :

Mr. Ramesh Chandra Agarwal

Designation :

Director

Address :

E-1/79, Aera Colony, Bhopal-462 016, Madhya Pradesh, India

Date of Birth/Age :

15.06.1944

Qualification:

Graduate

Date of Appointment :

01.04.2012

PAN No.:

ACYPA5011F

DIN No.:

00051310

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	U22121MP1976PTC001370	BHASKAR PUBLICATIONS & ALLIED INDUSTRIES PVT LTD	Director	14/05/1976	14/05/1976	-	Active	NO
2	U22210GJ1981PTC047207	WRITERS AND PUBLISHERS Private LIMITED	Director	13/01/1981	13/01/1981	24/12/2014	Active	NO
3	U26921MP1992PLC007125	SHARDA SOLVENT LIMITED	Director	29/09/1992	29/09/1992	-	Active	NO
4	U67120MP1985PTC003145	BHASKAR INDUSTRIES Private Limited	Director	01/04/2012	16/01/1995	-	Active	NO
5	U15141MP1997PTC012474	DECORE EXXOILS PRIVATE LIMITED	Director	25/11/1997	25/11/1997	-	Active	NO
6	U15143MP1998PLC012842	STITEX GLOBAL LIMITED	Director	21/05/1998	21/05/1998	24/03/2014	Active	NO
7	U51109MP1985PTC003142	S.A. TRADING & INVESTMENTS PVT LTD	Director	20/08/2003	20/08/2003	-	Active	NO
8	U51109MP1985PTC003141	BHASKAR FOODS PRIVATE LIMITED	Director	12/03/2004	12/03/2004	-	Active	NO
9	U92132MP1999PLC013585	BHASKAR MULTINET LIMITED	Director	22/02/2005	22/02/2005	-	Amalgamated	NO
10	U45200MH2005PTC157370	SHUBIK REALTIES PRIVATE LIMITED	Director	17/11/2005	17/11/2005	17/02/2009	Active	NO
11	L22210GJ1995PLC047208	D.B. CORP LIMITED	Director	10/12/2005	10/12/2005	-	Active	NO
12	U01112MP1979NPL001559	SOYABEEN PROCESSORS ASSOCIATION OF INDIA	Director	30/09/2006	30/09/2006	-	Active	NO
13	U40109MP2006PLC019008	D B POWER LIMITED	Director	12/10/2006	12/10/2006	-	Active	NO
14	U10200MP2006PLC019161	DIVYA MINING CORP LIMITED	Director	29/12/2006	29/12/2006	21/06/2008	Active	NO
15	U72200MH2007PLC171849	INDIA INTERACTIVE TECHNOLOGIES LIMITED	Director	20/06/2007	20/06/2007	-	Active	NO
16	U45200GJ2005PTC066071	SHASHWAT HOMES PRIVATE LIMITED	Additional director	18/07/2007	18/07/2007	06/02/2009	Converted to LLP and dissolved	NO
17	U11101MP2008PTC020377	DIVA OIL & GAS Private Limited	Director	22/02/2008	22/02/2008	-	Active	NO
18	U70109MP2008PLC021394	BHASKAR INFRAVENTURE LIMITED	Director	10/12/2008	10/12/2008	-	Active	NO
19	U01403MP2008PTC021375	DIVYA ENERGY AND FOODS PRIVATE LIMITED	Director	29/09/2009	02/02/2009	-	Active	NO
20	U40100MP2008PLC020903	DB POWER (MADHYA PRADESH) LIMITED	Director	28/09/2011	01/10/2010	-	Active	NO
21	U40100MP2010PTC023554	DILIIGENT POWER PRIVATE LIMITED	Director	28/09/2011	01/10/2010	-	Active	NO
22	U14100MP2011PTC025231	DEVASREE INFRAMINE PRIVATE LIMITED	Director	21/01/2011	21/01/2011	-	Strike off	NO
23	U14100MP2011PTC025235	DHANSHREE MINES PRIVATE LIMITED	Director	21/01/2011	21/01/2011	-	Active	NO
24	U14100MP2011PTC025261	DIVINE INFRAMINE PRIVATE LIMITED	Director	27/01/2011	27/01/2011	-	Strike off	NO
25	U14100MP2011PTC025262	BHASKAR INFRAMINE PRIVATE LIMITED	Director	27/01/2011	27/01/2011	-	Strike off	NO
26	U14100MP2011PTC025264	DYNAMIC INFRAMINE PRIVATE LIMITED	Director	27/01/2011	27/01/2011	-	Strike off	NO
27	U45200MH1994PTC083299	JGB BUILDERS PVT LTD	Director	29/09/2012	17/11/2011	-	Active	NO
28	U64202MP2006PLC018676	I MEDIA CORP LIMITED	Director	15/09/2014	19/06/2013	-	Active	NO

Name :

Mr. Sudhir Agarwal

Designation :

Director

Address :

E-1/79, Aera Colony, Bhopal-462 016, Madhya Pradesh, India

Date of Birth/Age :

20.07.1967

Qualification :

Post Graduate

Date of Appointment :

10.06.1994

PAN No.:

ADBPA7951N

DIN No.:

00051407

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	U22121MP1976PTC001370	BHASKAR PUBLICATIONS & ALLIED INDUSTRIES PVT LTD	Director	19/07/1987	19/07/1987	-	Active	NO
2	U22210GJ1981PTC047207	WRITERS AND PUBLISHERS Private LIMITED	Director	30/03/2009	20/04/1992	24/12/2014	Active	NO
3	U26921MP1992PLC007125	SHARDA SOLVENT LIMITED	Director	28/03/2009	21/12/1992	-	Active	NO
4	U67120MP1985PTC003145	BHASKAR INDUSTRIES Private Limited	Director	10/06/1994	10/06/1994	-	Active	NO
5	U15141MP1997PTC012474	DECORE EXXOILS PRIVATE LIMITED	Director	25/11/1997	25/11/1997	-	Active	NO
6	U92132MP1999PLC013585	BHASKAR MULTINET LIMITED	Director	21/06/1999	21/06/1999	29/09/2008	Amalgamated	NO
7	U15143MP1998PLC012842	STITEX GLOBAL LIMITED	Director	02/07/2001	02/07/2001	21/06/2008	Active	NO
8	U51109MP1985PTC003141	BHASKAR FOODS PRIVATE LIMITED	Director	12/03/2004	12/03/2004	-	Active	NO
9	U22190GJ1961PTC001097	SAURASHTRA SAMACHAR PVT LTD	Director	21/08/2004	21/08/2004	-	Active	NO
10	U22120MH2005PLC151377	DILIGENT MEDIA CORPORATION LIMITED	Director	14/08/2006	22/03/2005	09/10/2012	Active	NO
11	U92132MP2005PLC018039	SYNERGY MEDIA ENTERTAINMENT LIMITED	Director	17/10/2005	17/10/2005	-	Amalgamated	NO
12	L22210GJ1995PLC047208	D.B. CORP LIMITED	Managing director	01/01/2012	10/12/2005	-	Active	NO
13	U04520MP2006PTC018399	SURGE DEVELOPERS Private LIMITED	Director	10/02/2006	10/02/2006	-	Active	NO
14	U04520MP2006PTC018493	D B INFRASTRUCTURES Private Limited	Director	20/03/2006	20/03/2006	09/07/2008	Active	NO
15	U74910MP2006PTC018492	Decent Human Resources and Solutions Private Limited	Director	20/03/2006	20/03/2006	01/10/2013	Active	NO
16	U51398CT2006PLC018649	SHOURYA DIAMONDS LIMITED	Director	03/05/2006	03/05/2006	-	Active	NO
17	U51224MP2006PTC018654	BHASKAR VENKATESH PRODUCTS PRIVATE LIMITED	Director	04/05/2006	04/05/2006	11/12/2011	Active	NO
18	U64202MP2006PLC018676	I MEDIA CORP LIMITED	Director	01/06/2006	01/06/2006	-	Active	NO
19	U45203MP2006PTC018699	D B MALLS PRIVATE LIMITED	Director	14/06/2006	14/06/2006	-	Active	NO
20	U10200MP2006PLC019161	DIVYA MINING CORP LIMITED	Director	29/12/2006	29/12/2006	21/06/2008	Active	NO
21	U40109MP2007PTC019345	DELIGHT ENERGY PRIVATE LIMITED	Director	13/03/2007	13/03/2007	-	Active	NO
22	U72200MH2007PLC171849	INDIA INTERACTIVE TECHNOLOGIES LIMITED	Director	20/06/2007	20/06/2007	-	Active	NO
23	U92130MP2007PTC019845	Hathway Datacom Central Private Limited	Director	20/09/2007	20/09/2007	18/01/2013	Active	NO
24	U22120MP2007PTC019963	DB PUBLICATIONS PRIVATE LIMITED	Director	01/11/2007	01/11/2007	-	Active	NO
25	U11101MP2008PTC020377	DIVA OIL & GAS Private Limited	Director	22/02/2008	22/02/2008	-	Active	NO
26	U15141MP2008PTC020404	VINDHYA SOLVENT PRIVATE LIMITED	Director	02/08/2014	29/02/2008	-	Active	NO
27	U45200MP2008PTC020793	AARKEY ADITYA DEVELOPERS PRIVATE LIMITED	Director	17/06/2008	17/06/2008	20/11/2012	Active	NO
28	U14109MP2008PTC020875	DELTA COAL & MINING PRIVATE LIMITED	Director	07/07/2008	07/07/2008	-	Active	NO
29	U11201MP2008PTC020901	VISTA NATURAL RESOURCES PRIVATE LIMITED	Director	10/07/2008	10/07/2008	-	Active	NO
30	U40100MP2008PLC020907	DB POWER (CHHATTISGARH) LIMITED	Director	10/07/2008	10/07/2008	-	Active	NO
31	U40100MP2008PLC020903	DB POWER (MADHYA PRADESH) LIMITED	Director	10/07/2008	10/07/2008	01/10/2010	Active	NO
32	U40101MP2008PTC020923	Dolby Mining & Power Private Limited	Director	15/07/2008	15/07/2008	-	Active	NO
33	U13200MP2008PTC020924	VASTU MINES PRIVATE LIMITED	Director	15/07/2008	15/07/2008	-	Active	NO
34	U92100MP2008PTC020983	BHASKAR ENTERTAINMENT & MEDIA PRIVATE LIMITED	Director	29/07/2008	29/07/2008	-	Strike off	NO
35	U92100MP2008PLC021003	BHASKAR NEWS MEDIA LIMITED	Director	04/08/2008	04/08/2008	-	Active	NO
36	U40109MP2008PTC021120	DB POWER (JHARKHAND) PRIVATE LIMITED	Director	08/09/2008	08/09/2008	-	Strike off	NO
37	U40109MP2008PTC021118	DECORE GREEN POWER PRIVATE LIMITED	Director	08/09/2008	08/09/2008	21/08/2010	Active	NO
38	U01403MP2008PTC021375	DIVYA ENERGY AND FOODS PRIVATE LIMITED	Director	02/12/2008	02/12/2008	-	Active	NO
39	U70102MP2008PTC021415	DBH Buildcon Private Limited	Director	15/12/2008	15/12/2008	02/06/2012	Active	NO
40	U40100MP2009PLC022082	AMPLE POWER LIMITED	Director	29/06/2009	29/06/2009	-	Strike off	NO
41	U45201MP2010PTC022880	Le Soleil Developers Private Limited	Director	04/01/2010	04/01/2010	-	Active	NO
42	U40100MP2010PTC023556	VINDHYA POWER PRIVATE LIMITED	Director	13/05/2010	13/05/2010	-	Strike off	NO
43	U40100MP2010PTC023553	DAKSH ENERGY PRIVATE LIMITED	Director	13/05/2010	13/05/2010	-	Strike off	NO
44	U55101MP2011PTC025196	DELIGENT HOTEL CORPORATION PRIVATE LIMITED	Director	17/01/2011	17/01/2011	-	Active	NO
45	U74300MP2003PTC016148	NEW ERA PUBLICATIONS PRIVATE LIMITED	Director	27/09/2013	30/05/2013	-	Active	NO
46	U67120MP2007PTC019450	DIVYA TRADING PRIVATE LIMITED	Director	13/08/2013	30/05/2013	-	Active	NO
47	U52590MP2004PTC017148	DECORE DEALERS AND TRADERS PRIVATE LIMITED	Director	22/07/2013	30/05/2013	01/10/2013	Active	NO
48	AAC-1748	AGARWAL VISION LLP	Designated Partner	15/07/2014	15/07/2014	-	Active	NO
49	AAC-1749	DIVYA CONSOLIDATED LLP	Designated Partner	15/07/2014	15/07/2014	-	Active	NO
50	AAC-1750	DB HERITAGE LLP	Designated Partner	15/07/2014	15/07/2014	-	Active	NO

Name :

Mr. Girish Agarwal

Designation :

Director

Address :

E-1/79, Aera Colony, Bhopal-462 016, Madhya Pradesh, India

Date of Birth/Age :

10.07.1971

Qualification :

Post Graduate

Date of Appointment :

15.06.1992

PAN No.:

ABTPA2188D

DIN No.:

00051375

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	U22121MP1976PTC001370	BHASKAR PUBLICATIONS & ALLIED INDUSTRIES PVT LTD	Director	06/10/1989	06/10/1989	-	Active	NO
2	U51109MP1985PTC003141	BHASKAR FOODS PRIVATE LIMITED	Director	31/08/1990	31/08/1990	-	Active	NO
3	U67120MP1985PTC003145	BHASKAR INDUSTRIES Private Limited	Director	15/06/1992	15/06/1992	-	Active	NO
4	L22210GJ1995PLC047208	D.B. CORP LIMITED	Director	27/10/1995	27/10/1995	-	Active	NO
5	U15141MP1996PTC010336	REGENCY AGRO PRODUCTS PVT LTD	Director	06/04/1996	06/04/1996	-	Active	NO
6	U92132MP1999PLC013585	BHASKAR MULTINET LIMITED	Director	21/06/1999	21/06/1999	21/06/2008	Amalgamated	NO
7	U99999DL1951PLC002023	THE INDIAN NEWSPAPER SOCIETY.	Director	16/09/2000	16/09/2000	01/11/2011	Active	NO
8	U15141MP1997PTC012474	DECORE EXXOILS PRIVATE LIMITED	Director	23/11/2000	23/11/2000	-	Active	NO
9	U22210GJ1981PTC047207	WRITERS AND PUBLISHERS Private LIMITED	Director	01/12/2007	01/12/2002	24/12/2014	Active	NO
10	U45201MP2003PTC015886	SHARDA REAL ESTATE PRIVATE LIMITED	Director	16/06/2003	16/06/2003	21/12/2009	Active	NO
11	U22190GJ1961PTC001097	SAURASHTRA SAMACHAR PVT LTD	Director	21/08/2004	21/08/2004	-	Active	NO
12	U22120MH2005PLC151377	DILIGENT MEDIA CORPORATION LIMITED	Director	14/08/2006	22/03/2005	09/10/2012	Active	NO
13	U92132MP2005PLC018039	SYNERGY MEDIA ENTERTAINMENT LIMITED	Director	17/10/2005	17/10/2005	-	Amalgamated	NO
14	U45200MH2005PTC157370	SHUBIK REALTIES PRIVATE LIMITED	Director	17/11/2005	17/11/2005	17/02/2009	Active	NO
15	U04520MP2006PTC018399	SURGE DEVELOPERS Private LIMITED	Director	10/02/2006	10/02/2006	-	Active	NO
16	U04520MP2006PTC018493	D B INFRASTRUCTURES Private Limited	Director	20/03/2006	20/03/2006	21/06/2008	Active	NO
17	U74910MP2006PTC018492	Decent Human Resources and Solutions Private Limited	Director	20/03/2006	20/03/2006	01/10/2013	Active	NO
18	U55101RJ2005PTC020464	DIVYAMOTI HOTELS AND RESORTS PRIVATE LIMITED	Director	25/04/2006	25/04/2006	04/01/2008	Active	NO
19	U51398CT2006PLC018649	SHOURYA DIAMONDS LIMITED	Director	03/05/2006	03/05/2006	-	Active	NO
20	U45203MP2006PTC018699	D B MALLS PRIVATE LIMITED	Director	14/06/2006	14/06/2006	-	Active	NO
21	U24292CT1999PLC013364	MARUTI CLEAN COAL AND POWER LIMITED	Director	30/09/2006	15/06/2006	19/11/2010	Active	NO
22	U26921MP1992PLC007125	SHARDA SOLVENT LIMITED	Director	28/08/2006	28/08/2006	-	Active	NO
23	U40109MP2006PLC019008	D B POWER LIMITED	Managing director	01/12/2014	20/12/2006	-	Active	NO
24	U10200MP2006PLC019161	DIVYA MINING CORP LIMITED	Director	29/09/2007	05/01/2007	21/06/2008	Active	NO
25	U67120MP2007PTC019450	DIVYA TRADING PRIVATE LIMITED	Director	16/04/2007	16/04/2007	-	Active	NO
26	U67120MP2007PTC019449	DEV ENTERPRISES PRIVATE LIMITED	Director	16/04/2007	16/04/2007	-	Active	NO
27	U45201MP2007PTC019666	DIVYA DEV DEVELOPERS PRIVATE LIMITED	Director	11/07/2007	11/07/2007	02/06/2012	Active	NO
28	U45200GJ2005PTC066071	SHASHWAT HOMES PRIVATE LIMITED	Additional director	18/07/2007	18/07/2007	06/02/2009	Converted to LLP and dissolved	NO
29	U67120MP2007PTC019683	DB Partners Enterprises Private Limited	Director	23/07/2007	23/07/2007	-	Active	NO
30	U92130MP2007PTC019845	Hathway Datacom Central Private Limited	Director	20/09/2007	20/09/2007	18/01/2013	Active	NO
31	U67120MP1995PTC009429	BHASKAR INFRASTRUCTURE Private Limited	Director	27/09/2007	22/09/2007	21/10/2013	Active	NO
32	U70102MP2007PTC019864	DB Buildcon Private Limited	Director	24/09/2007	24/09/2007	-	Active	NO
33	U22120MP2007PTC019963	DB PUBLICATIONS PRIVATE LIMITED	Director	01/11/2007	01/11/2007	-	Active	NO
34	U11101MP2008PTC020377	DIVA OIL & GAS Private Limited	Director	22/02/2008	22/02/2008	-	Active	NO
35	U15141MP2008PTC020404	VINDHYA SOLVENT PRIVATE LIMITED	Director	02/08/2014	29/02/2008	-	Active	NO
36	U45200MP2008PTC020793	AARKEY ADITYA DEVELOPERS PRIVATE LIMITED	Director	17/06/2008	17/06/2008	20/11/2012	Active	NO
37	U14109MP2008PTC020875	DELTA COAL & MINING PRIVATE LIMITED	Director	07/07/2008	07/07/2008	-	Active	NO
38	U11201MP2008PTC020901	VISTA NATURAL RESOURCES PRIVATE LIMITED	Director	10/07/2008	10/07/2008	-	Active	NO
39	U40100MP2008PLC020903	DB POWER (MADHYA PRADESH) LIMITED	Director	10/07/2008	10/07/2008	-	Active	NO
40	U40100MP2008PLC020907	DB POWER (CHHATTISGARH) LIMITED	Director	10/07/2008	10/07/2008	-	Active	NO
41	U40101MP2008PTC020923	Dolby Mining & Power Private Limited	Director	15/07/2008	15/07/2008	-	Active	NO
42	U13200MP2008PTC020924	VASTU MINES PRIVATE LIMITED	Director	15/07/2008	15/07/2008	-	Active	NO
43	U92100MP2008PTC020983	BHASKAR ENTERTAINMENT & MEDIA PRIVATE LIMITED	Director	29/07/2008	29/07/2008	-	Strike off	NO
44	U92100MP2008PLC021003	BHASKAR NEWS MEDIA LIMITED	Director	04/08/2008	04/08/2008	-	Active	NO
45	U45202MH2008PTC182658	YOMAN INFRASTRUCTURE PRIVATE LIMITED	Director	29/09/2009	11/08/2008	-	Active	NO
46	U40109MP2008PTC021120	DB POWER (JHARKHAND) PRIVATE LIMITED	Director	08/09/2008	08/09/2008	-	Strike off	NO
47	U40109MP2008PTC021118	DECORE GREEN POWER PRIVATE LIMITED	Director	08/09/2008	08/09/2008	21/08/2010	Active	NO
48	U01403MP2008PTC021375	DIVYA ENERGY AND FOODS PRIVATE LIMITED	Director	02/12/2008	02/12/2008	-	Active	NO
49	U70109MP2008PLC021394	BHASKAR INFRAVENTURE LIMITED	Director	10/12/2008	10/12/2008	-	Active	NO
50	U70102MP2008PTC021415	DBH Buildcon Private Limited	Director	15/12/2008	15/12/2008	02/06/2012	Active	NO
51	U40100MP2009PLC022082	AMPLE POWER LIMITED	Director	29/06/2009	29/06/2009	-	Strike off	NO
52	U40100MP2009PTC022413	VIRAT POWER AND MINES PRIVATE LIMITED	Director	18/09/2009	18/09/2009	01/12/2009	Active	NO
53	U45201MP2009PTC022422	DHRUV INFRAMINE AND POWER PRIVATE LIMITED	Director	22/09/2009	22/09/2009	01/12/2009	Active	NO
54	U45200MP2009PTC022423	DRONA INFRAMINE AND POWER PRIVATE LIMITED	Director	22/09/2009	22/09/2009	01/12/2009	Strike off	NO
55	U45201MP2010PTC022880	Le Soleil Developers Private Limited	Director	04/01/2010	04/01/2010	-	Active	NO
56	U40100MP2010PTC023555	DOLBY POWER & ENERGY PRIVATE LIMITED	Director	13/05/2010	13/05/2010	-	Strike off	NO
57	U40100MP2010PTC023556	VINDHYA POWER PRIVATE LIMITED	Director	13/05/2010	13/05/2010	-	Strike off	NO
58	U40100MP2010PTC023553	DAKSH ENERGY PRIVATE LIMITED	Director	13/05/2010	13/05/2010	-	Strike off	NO
59	U40100MP2010PTC023554	DILIIGENT POWER PRIVATE LIMITED	Managing director	01/10/2011	13/05/2010	-	Active	NO
60	U65923MP2011PTC025087	D B MICROFINANCE PRIVATE LIMITED	Director	03/01/2011	03/01/2011	-	Active	NO
61	U55101MP2011PTC025196	DELIGENT HOTEL CORPORATION PRIVATE LIMITED	Director	17/01/2011	17/01/2011	-	Active	NO
62	U92413MP2010PTC023210	BHASKAR UNITED SPORTING PRIVATE LIMITED	Director	29/09/2011	20/08/2011	-	Strike off	NO
63	U45200MH1994PTC083299	JGB BUILDERS PVT LTD	Director	29/09/2012	17/11/2011	-	Active	NO
64	U74300MP2003PTC016148	NEW ERA PUBLICATIONS PRIVATE LIMITED	Director	27/09/2013	30/05/2013	-	Active	NO
65	U52590MP2004PTC017148	DECORE DEALERS AND TRADERS PRIVATE LIMITED	Director	22/07/2013	30/05/2013	01/10/2013	Active	NO

Name :

Mr. Pramod Maheshwari

Designation :

Director

Address :

65, Paras Majestic, E-8, Area Colony, Bhopal-462016, Madhya Pradesh, India

Date of Birth/Age :

10.07.1960

Qualification :

Post Graduate

Date of Appointment :

31.08.2009

DIN No.:

02702158

Name :

Mr. Pawan Agarwal

Designation :

Director

Address :

E-1/79, Arera Colony, Bhopal – 462016, Madhya Pradesh, India

Date of Birth/Age :

31.07.1974

Date of Appointment :

03.07.2013

PAN No.:

ABBPA7945A

DIN No.:

00465092

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	U52520GJ1985PTC051691	CHAMBAL TRADINGS PRIVATE LIMITED	Director	03/04/1999	03/04/1999	-	Active	NO
2	U92132MP1999PLC013585	BHASKAR MULTINET LIMITED	Director	21/06/1999	21/06/1999	29/09/2008	Amalgamated	NO
3	U22210GJ1981PTC047207	WRITERS AND PUBLISHERS Private LIMITED	Director	25/09/2000	25/09/2000	24/12/2014	Active	NO
4	U15143MP1998PLC012842	STITEX GLOBAL LIMITED	Director	02/07/2001	02/07/2001	21/06/2008	Active	NO
5	U22122MP2002PTC015321	BHASKAR MULTI MEDIA PRIVATE LIMITED	Director	08/10/2002	08/10/2002	-	Strike off	NO
6	U15141MP1997PTC012474	DECORE EXXOILS PRIVATE LIMITED	Director	30/08/2011	12/12/2002	-	Active	NO
7	U45201MP2003PTC015884	DIVINE HOUSING DEVELOPMENT COMPANY PRIVATE LIMITED	Director	16/06/2003	16/06/2003	31/05/2012	Active	NO
8	U22190GJ1961PTC001097	SAURASHTRA SAMACHAR PVT LTD	Director	21/08/2004	21/08/2004	-	Active	NO
9	U52590MP2004PTC017148	DECORE DEALERS AND TRADERS PRIVATE LIMITED	Director	08/12/2004	08/12/2004	01/10/2013	Active	NO
10	U22120MH2005PLC151377	DILIGENT MEDIA CORPORATION LIMITED	Director	14/08/2006	22/03/2005	09/10/2012	Active	NO
11	U92132MP2005PLC018039	SYNERGY MEDIA ENTERTAINMENT LIMITED	Director	30/03/2013	17/10/2005	-	Amalgamated	NO
12	U55101RJ2005PTC020464	DIVYAMOTI HOTELS AND RESORTS PRIVATE LIMITED	Director	15/11/2005	15/11/2005	15/11/2005	Active	NO
13	L22210GJ1995PLC047208	D.B. CORP LIMITED	Whole-time director	31/07/2013	10/12/2005	-	Active	NO
14	U04520MP2006PTC018399	SURGE DEVELOPERS Private LIMITED	Director	10/02/2006	10/02/2006	-	Active	NO
15	U92132MP2006PTC018400	BHASKAR BROADCASTING CORPORATION Private Limited	Director	10/02/2006	10/02/2006	-	Strike off	NO
16	U04520MP2006PTC018493	D B INFRASTRUCTURES Private Limited	Director	20/03/2006	20/03/2006	24/12/2012	Active	NO
17	U15141MP1996PTC010336	REGENCY AGRO PRODUCTS PVT LTD	Director	10/04/2006	10/04/2006	-	Active	NO
18	U51398CT2006PLC018649	SHOURYA DIAMONDS LIMITED	Director	03/05/2006	03/05/2006	-	Active	NO
19	U64202MP2006PLC018676	I MEDIA CORP LIMITED	Director	01/06/2006	01/06/2006	-	Active	NO
20	U17124MP2002PLC015251	BHASKAR EXIM LIMITED	Director	25/09/2006	25/09/2006	09/07/2008	Active	NO
21	U22121MP2006PTC018994	DIVYA PRABHAT PUBLICATIONS PRIVATE LIMITED	Director	28/09/2006	28/09/2006	30/06/2013	Active	NO
22	U10200MP2006PLC019161	DIVYA MINING CORP LIMITED	Director	29/12/2006	29/12/2006	21/06/2008	Active	NO
23	U22120MP2007PTC019517	Dimension Media Private Limited	Director	10/05/2007	10/05/2007	-	Strike off	NO
24	U22210MP2007PTC019527	Direct (OOH) Media Private Limited	Director	14/05/2007	14/05/2007	-	Strike off	NO
25	U72200MH2007PLC171849	INDIA INTERACTIVE TECHNOLOGIES LIMITED	Director	20/06/2007	20/06/2007	-	Active	NO
26	U67120MP2007PTC019683	DB Partners Enterprises Private Limited	Director	23/07/2007	23/07/2007	-	Active	NO
27	U40109MP2006PLC019008	D B POWER LIMITED	Director	01/12/2009	27/08/2007	-	Active	NO
28	U11101MP2008PTC020377	DIVA OIL & GAS Private Limited	Director	22/02/2008	22/02/2008	09/07/2008	Active	NO
29	U40100MP2008PLC020907	DB POWER (CHHATTISGARH) LIMITED	Director	10/07/2008	10/07/2008	-	Active	NO
30	U40100MP2008PLC020903	DB POWER (MADHYA PRADESH) LIMITED	Managing director	02/04/2013	10/07/2008	-	Active	NO
31	U92100MP2008PLC021003	BHASKAR NEWS MEDIA LIMITED	Director	04/08/2008	04/08/2008	-	Active	NO
32	U13100MP2008PTC021328	DELIGHT MININGS PRIVATE LIMITED	Director	14/11/2008	14/11/2008	-	Active	NO
33	U13200MP2008PTC021330	DB METALS PRIVATE LIMITED	Director	14/11/2008	14/11/2008	-	Active	NO
34	U40100MP2009PTC022413	VIRAT POWER AND MINES PRIVATE LIMITED	Director	18/09/2009	18/09/2009	01/12/2009	Active	NO
35	U45201MP2009PTC022422	DHRUV INFRAMINE AND POWER PRIVATE LIMITED	Director	22/09/2009	22/09/2009	01/12/2009	Active	NO
36	U45200MP2009PTC022423	DRONA INFRAMINE AND POWER PRIVATE LIMITED	Director	22/09/2009	22/09/2009	01/12/2009	Strike off	NO
37	U45208MP2010PTC023326	DYNAMIC INFRAVENTURE PRIVATE LIMITED	Director	05/04/2010	05/04/2010	-	Active	NO
38	U40100MP2010PTC023555	DOLBY POWER & ENERGY PRIVATE LIMITED	Director	13/05/2010	13/05/2010	-	Strike off	NO
39	U40100MP2010PTC023554	DILIIGENT POWER PRIVATE LIMITED	Director	13/05/2010	13/05/2010	-	Active	NO
40	U70100MP2010PTC023558	VIRAT INFRAVENTURES PRIVATE LIMITED	Director	13/05/2010	13/05/2010	26/01/2013	Active	NO
41	U65923MP2011PTC025087	D B MICROFINANCE PRIVATE LIMITED	Director	03/01/2011	03/01/2011	-	Active	NO
42	U92413MP2010PTC023210	BHASKAR UNITED SPORTING PRIVATE LIMITED	Director	29/09/2011	20/08/2011	-	Strike off	NO
43	U67120MP1985PTC003145	BHASKAR INDUSTRIES Private Limited	Director	30/07/2013	06/09/2011	-	Active	NO
44	U70101MP2011PTC027004	DILIGENT PINKCITY CENTER PRIVATE LIMITED	Director	24/10/2011	24/10/2011	-	Active	NO
45	U99999DL1951PLC002023	THE INDIAN NEWSPAPER SOCIETY.	Director	17/11/2011	17/11/2011	-	Active	NO
46	U45200MH1994PTC083299	JGB BUILDERS PVT LTD	Director	29/09/2012	17/11/2011	-	Active	NO
47	U15143MP2007PTC020043	BFP TRADERS PRIVATE LIMITED	Director	13/08/2013	15/04/2013	-	Active	NO
48	U74300MP2003PTC016148	NEW ERA PUBLICATIONS PRIVATE LIMITED	Director	27/09/2013	30/05/2013	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Rajesh
Designation :	Accounts Manager

MAJOR SHAREHOLDERS

AS ON 25.07.2014

Names of Shareholders	No. of Shares
Sudhir Agarwal	371977
Jyoti Agarwal	443027
Girish Agarwal	460114
Namita Agarwal	514890
Nitika Agarwal	309388
Pawan Agarwal	890616
Bhaskar Foods Private Limited, India	143950
Bhaskar Infrastructures Private Limited, India	507883
Peacock Trading and Investment Private Limited, India	372263
Girish Agarwal HUF	350000
Pawan Agarwal HUF	125000
Sudhir Agarwal HUF	510000
Ramesh Chandra Agarwal HUF	173936
Decent Industries Limited, India	2360000
Laqshya Media Private Limited, India	1000
Laqshya Media Private Limited, India	70000
Total	7604044

As on 25.07.2014

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Bodies corporate	42.22
Directors or relatives of Directors	57.78
Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer and exporter of Textile Products.
Products :	Textile Products
Brand Names :	Not Divulged
Agencies Held :	Not Divulged
Exports :
Products :	Textile Products
Countries :	European Countries Middle East USA UK Srilanka
Imports :	Not Divulged
Terms :
Selling :	Cheque, Credit
Purchasing :	Cheque, Credit

PRODUCTION STATUS – NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

Company Name :	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 :

Company Name :	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 :

Banker Name :	Central Bank of India
Branch :	G.T.B. Complex, T.T. Nagar, Bhopal - 462003, Madhya Pradesh, India
Person Name (With Designation) :	Not Divulged
Contact Number :	Not Divulged
Name of Account Holder :	Not Divulged
Account Number :	Not Divulged
Account Since (Date/Year of Account Opening) :	Not Divulged
Average Balance Maintained :	Not Divulged
Credit Facilities Enjoyed (CC/OD/Term Loan) :	Not Divulged
Account Operation :	Not Divulged
Remark :	Not Divulged

• State Bank of India, LHO Complex, Hoshangabad Road, Bhopal - 462011, Madhya Pradesh, India
• IDBI Bank Limited, 6, Malviya Nagar, Near Raj Bhawan, Post Bag No. 30, Bhopal - 462003, Madhya Pradesh, India
• IDBI Bank Limited, IDBI Towerwtc Complex, Cuffe Parade, Mumbai - 400005, Maharashtra, India
• State Bank of India Commerical Branch, Local Head Office Premises; Hoshangabad Road, Bhopal, Madhya Pradesh, India

Facilities :

(Rs. In Million)

SECURED LOAN	As on 31.03.2014	As on 31.03.2013
LONG TERM BORROWING
Rupee Term loan from banks	2132.118	3127.564
SHORT TERM BORROWING
Working capital loans from banks	1318.399	1083.263
Total	3450.517	4210.827

Auditors :
Name :	Krishna Gupta and Company Chartered Accountants
Address :	105, Parikalp Singhal Tower, Old high Court, Gwalior-474009, Madhya Pradesh, India
PAN No.:	AAEFK3347G
Memberships :	Not Divulged
Collaborators :	Not Divulged
Related Party:	D.B. Malls Limited Writers and Publishers Private. Limited Bhaskar infrastructure Limited Bhaskar Exim Limited Decore Exxoil Private Limited Stitex Global Limited India United Textiles Mills Limited Bhopal Financial Services Private Limited Bhaskar Foods Private Limited Diligent Pink city Centre Private Limited Sharda Solvent Private Limited- BFP Enterprises Private. Limited BFP Traders Private Limited Design Solutions Private Limted Bhaskar Denim Limited

CAPITAL STRUCTURE

AS ON 25.07.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
12540000	Equity Shares	Rs.10/- each	Rs. 125.400 Million
2460000	Preference Share	Rs.10/- each	Rs. 24.600 Million
	Total		Rs. 150.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
5174044	Equity Shares	Rs.10/- each	Rs. 51.740 Million
2430000	Preference Share	Rs.10/- each	Rs. 24.300 Million
	Total		Rs. 76.040 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	76.040	75.330	75.330
(b) Reserves & Surplus	2833.922	2686.281	2343.849
(c) Money received against share warrants	0.000	0.710	0.000
(2) Share Application money pending allotment	0.000	0.000	0.000
Total Shareholders’ Funds (1) + (2)	2909.962	2762.321	2419.179
(3) Non-Current Liabilities
(a) long-term borrowings	2132.118	3127.564	3230.247
(b) Deferred tax liabilities (Net)	8.417	48.429	177.096
(c) Other long term liabilities	1580.423	1753.000	0.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	3720.958	4928.993	3407.343
(4) Current Liabilities
(a) Short term borrowings	1320.418	1085.871	1343.841
(b) Trade payables	776.985	517.806	367.758
(c) Other current liabilities	1193.028	263.909	234.093
(d) Short-term provisions	0.000	0.000	0.000
Total Current Liabilities (4)	3290.431	1867.586	1945.692
TOTAL	9921.351	9558.900	7772.214
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	1217.464	1196.646	1599.905
(ii) Intangible Assets	0.329	0.411	0.000
(iii) Capital work-in-progress	0.069	3.747	1.871
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	5306.609	5244.209	3491.209
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	96.003	91.644	99.838
(e) Other Non-current assets	24.314	4.497	4.328
Total Non-Current Assets	6644.788	6541.154	5197.151
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	1058.816	943.865	720.155
(c) Trade receivables	2014.134	1821.451	1430.651
(d) Cash and cash equivalents	70.583	155.515	374.458
(e) Short-term loans and advances	118.370	96.041	49.799
(f) Other current assets	14.660	0.874	0.000
Total Current Assets	3276.563	3017.746	2575.063
TOTAL	9921.351	9558.900	7772.214

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2014	31.03.2013	31.03.2012
	SALES
		Income	7796.126	7301.112
		Other Income	32.029	26.318
		TOTAL (A)	7828.155	7327.430	8565.272
Less	EXPENSES
		TOTAL (B)	6724.005	5946.259	7814.274
	PROFIT/(LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		1104.150	1381.171	750.998
Less	FINANCIAL EXPENSES (D)		767.793	531.395	351.596
	PROFIT/(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		336.357	849.776	399.402
Less	DEPRECIATION/ AMORTISATION (F)		175.727	566.011	142.982
	PROFIT/(LOSS) BEFORE TAX (E-F) (G)		160.630	283.765	256.420
Less	TAX (H)		12.989	(58.667)	80.286
	PROFIT/(LOSS) AFTER TAX (G-H) (I)		147.641	342.432	176.134
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		349.129	6.697	5.563
	BALANCE CARRIED TO THE B/S		496.770	349.129	6.697
	Earnings Per Share (Rs.)		19.42	66.18	34.04

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2014	31.03.2013	31.03.2012
Current Maturities of Long term debt	1112.496	191.909	NA
Cash generated from operations	NA	NA	NA
Net cash flow from (used in) operations	1531.977	867.117	866.821

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin PAT / Sales	(%)	1.89	4.69	NA
Operating Profit Margin (PBDIT/Sales)	(%)	14.16	18.92	NA
Return on Total Assets (PBT/Total Assets)	(%)	3.48	6.58	5.99
Return on Investment (ROI) (PBT/Networth)		0.06	0.10	0.11
Debt Equity Ratio (Total Debt /Networth)		1.57	1.59	1.89
Current Ratio (Current Asset/Current Liability)		1.00	1.62	1.32

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	75.330	75.330	76.040
Reserves & Surplus	2343.849	2686.281	2833.922
Net worth	2419.179	2761.611	2909.962
long-term borrowings	3230.247	3127.564	2132.118
Short term borrowings	1343.841	1085.871	1320.418
Total borrowings	4574.088	4213.435	3452.536
Debt/Equity ratio	1.891	1.526	1.186

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	8565.272	7327.430	7828.155
		(14.452)	6.834

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	8565.272	7327.430	7828.155
Profit	176.134	342.432	147.641
	2.06%	4.67%	1.89%

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)	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 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

UNSECURED LOAN

(Rs. In Million)

Particulars	As on 31.03.2014	As on 31.03.2013
SHORT TERM BORROWING
Working capital loans from banks	2.019	2.608
Total	2.019	2.608

INDEX OF CHARGES

S. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10396238	11/03/2013 *	195,300,000.00	IDBI Bank Limited	6, Malviya Nagar, Near Raj Bhawan, Post Bag No. 30, Bhopal, Madhya Pradesh - 462003, India	B72471782
2	10316057	22/04/2014 *	1,380,000,000.00	State Bank of India	State Bank Of India, LHO Commercial Branch, Hoshangabad Road,, Bhopal, Madhya Pradesh - 462011, India	C03724085
3	10142836	16/02/2009 *	64,000,000.00	Central Bank of India	GTB Complex, T.T.Nagar, Bhopal, Madhya Pradesh - 462003, India	A59959353
4	10078438	11/07/2008 *	250,000,000.00	IDBI Bank Limited	IDBI Tower WTC Complex, Cuffe Parade, Mumbai, Maharashtra - 400005, India	A41644048
5	10078498	02/05/2008 *	350,000,000.00	Central Bank of India	GTB Complex, T. T. Nagar, Bhopal, Madhya Pradesh - 462003, India	A37465978
6	10041080	03/03/2008 *	129,000,000.00	Industrial Development Bank Of India Limited	IDBI Tower WTC Complex, Cuffe Parade, Mumbai, Maharashtra - 400005, India	A36401578
7	80005564	03/03/2008 *	280,000,000.00	State Bank of India	Commercial Branch, Local Head Office Premises, Hoshangabad Road, Bhopal, Madhya Pradesh - 462011, India	A36407203
8	90209973	03/03/2008 *	275,000,000.00	State Bank of India	Commercial Branch, Local Head Office Premises, Hoshangabad Road, Bhopal, Madhya Pradesh - 462011, India	A36407377
9	90204014	28/12/2011 *	1,380,000,000.00	State Bank of India	LHO Complex, Hoshangabad Road, Bhopal, Madhya Pradesh - 462011, India	B30464770

* Date of charge modification

FIXED ASSETS

· Land and Site Development

· Land (Free and Leasehold)

· Building

· Plant and Machinery

· Office Equipments

· Fans and Electrical Fittings

· Furniture and Fixture

· Vehicles

· 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 records 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.64.82
UK Pound	1	Rs.100.12
Euro	1	Rs.73.75

INFORMATION DETAILS

Information Gathered by :	SVA
Analysis Done by :	DIV
Report Prepared by :	NKT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILITY	1~10	4
--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	NO
--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		46

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.