MIRA INFORM REPORT

Report No. :	503546
Report Date :	16.04.2018

IDENTIFICATION DETAILS

Name :	SOTC TRAVEL LIMITED (w.e.f. 15.06.2017)
Formerly Known As :	SOTC TRAVEL PRIVATE LIMITED (w.e.f. 28.07.2016) SITA TRAVELS PRIVATE LIMITED
Registered Office :	324, Dr. D. N. Road, Fort, Mumbai – 400001, Maharashtra
Tel. No.:	91-22-61603333
Country :	India
Financials (as on) :	31.03.2016
Date of Incorporation :	20.04.2001
Com. Reg. No.:	11-131691
Capital Investment / Paid-up Capital :	INR 0.100 Million
CIN No.: [Company Identification No.]	U63040MH2001PLC131691
IEC No.: [Import-Export Code No.]	Not Divulged
GSTN : [Goods & Service Tax Registration No.]	27AAGCS6725D2ZB
TIN No.:	27671479363
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	AAGCS6725D
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Subject is engaged in the business of Tour and Travel Agency Activities. [Registered Activity]
No. of Employees :	Not Divulged

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

A

Credit Rating	Explanation	Rating Comments
A	Acceptable Risk	Business dealings permissible with moderate risk of default

Maximum Credit Limit :	USD 200
Status :	Satisfactory
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	SOTC Travel Limited was incorporated in the year 2001. It is a part of Thomas Cook. The company is a wholly owned subsidiary of Thomas Cook (India) Limited. It is a travel agency company. For the year ended 2016, the company has not earned income from its operations during the year under the review. The company also derives strength from Thomas Cook and its well-experienced management team. Trade relations are reported as fair. Business is active. Payments are reported to be slow but correct. In view of aforesaid, the company can be considered for business dealings at usual trade terms and conditions. Note 1: As per the Registrar of Companies date of balance sheet (i.e. financial filed) is shown as 31.03.2017 but documents related to the financial for the year 31.03.2017 are not available from any sources. Note 2: As per the intimations received on 2nd June, 2017 from Travel Corporation (India) Limited and SOTC Travel Private Limited (Formerly known as SITA Travels Private Limited), wholly owned subsidiaries of Thomas Cook (India) Limited, intimating that the National Company Law Tribunal (NCLT) order obtained by them in relation of the composite scheme of arrangement and amalgamation between SOTC Travel Services Private Limited (earlier known as Kunoni Travel (India) Private Limited), Distant Frontiers Tours Private Limited, SITA Beach Resorts Private Limited, SITA Destination Management Private Limited, SITA Holidays (India) Private Limited, SITA Holidays Resorts Private Limited and SITA Incoming (India) Private Limited, SOTC Travel Private Limited and Travel Corporation (India) Limited has been submitted to the Registrar of Companies on 1st June, 2017 in the prescribed manner and in pursuance of which the scheme has become effective on 1st June, 2017 upon such submission.

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

Country Name	Previous Rating (30.09.2017)	Current Rating (31.12.2017)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderately Low Risk	B1
Moderate Risk	B2
Moderately High Risk	C1
High Risk	C2
Very High Risk	D

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	Long Term Loans=AA-
Rating Explanation	High degree of safety and very low credit risk
Date	04.10.2017

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 31-03-2016.

BIFR (Board for Industrial & Financial Reconstruction) LISTING STATUS

Subject’s name is not listed as a Sick Unit in the publicly available BIFR (Board for Industrial & Financial Reconstruction) list as of 16.04.2018.

IBBI (Insolvency and Bankruptcy Board of India) LISTING STATUS

Subject’s name is not listed in the publicly available IBBI (Insolvency and Bankruptcy Board of India) list as of report date.

INFORMATION DECLINED

MANAGEMENT NON-COOPERATIVE

(Contact No: 91-22-42427000)

LOCATIONS

Registered Office :	324, Dr. D. N. Road, Fort, Mumbai – 400001, Maharashtra, India
Tel. No.:	91-22-61603333/ 66562000/ 42427000
Fax No.:	91-22-66091595
E-Mail :	kiran.agrawal@sotc.in information@tci.co.in
Website :	http://sotcindia.com
Head Office :	07th Floor, Tower A, Urmi Estate, 95 Ganpatrao Kadam Marg, Lower Parel (West), Mumbai-400013, Maharashtra, India
Tel. No.:	91-22-66562000
Fax No.:	91-22-66562059

DIRECTORS

AS ON 31.03.2017

Name :

Mr. Madhavan Karunakaran Menon

Designation :

Additional Director

Address :

Flat No. 702, Supreme Pearl 17th Road, Khar (West), Mumbai-400052, Maharashtra, India

Date of Appointment :

01.08.2017

DIN No.:

00008542

Other Directorship :

CIN/FCRN	Company Name	Begin Date	End Date
L63040MH1978PLC020717	THOMAS COOK (INDIA) LIMITED	01/08/2011	-
L74140KA2007PLC043909	QUESS CORP LIMITED	29/07/2016	-
L92490TN1986PLC013044	STERLING HOLIDAY RESORTS (INDIA) LIMITED	30/07/2014	-
U63040MH1961PLC012067	TRAVEL CORPORATION (INDIA) LIMITED	05/05/2010	-
U63040TN1989PLC114064	STERLING HOLIDAY RESORTS LIMITED	31/08/2016	-
U63090MH1992PTC070074	SOTC TRAVEL SERVICES PRIVATE LIMITED	18/07/2016	-
U74140MH1998PTC116214	CEDAR MANAGEMENT CONSULTING PRIVATE LIMITED	29/09/2009	-
U74999HR2017FTC069052	TCI-GO VACATION INDIA PRIVATE LIMITED	17/05/2017	-

Name :

Mr. Vishal Suri

Designation :

Director

Address :

A-205, Lotus Apt, Hiranandani Gardens Powai, Mumbai-400076, Maharashtra, India

Date of Birth/Age :

06.12.1967

Qualification :

B.E-Electrical

Date of Appointment :

01.11.2012

PAN No.:

ABBPS4298J

DIN No.:

06413771

Other Directorship :

CIN/FCRN	Company Name	Begin Date	End Date
U55101MH2001PTC131692	SITA BEACH RESORTS PRIVATE LIMITED	12/08/2013	-
U55101MH2001PTC131694	SITA INCOMING (INDIA) PRIVATE LIMITED	12/08/2013	-
U55101MH2001PTC131696	SITA HOLIDAYS RESORTS PRIVATE LIMITED	12/08/2013	-
U55109MH2001PTC131690	SITA HOLIDAYS (INDIA) PRIVATE LIMITED	12/08/2013	-
U63040MH2001PTC131693	SOTC TRAVEL MANAGEMENT PRIVATE LIMITED	12/08/2013	-
U63040MH2001PTC131695	SITA DESTINATION MANAGEMENT PRIVATE LIMITED	12/08/2013	-
U63090MH1992PTC070074	SOTC TRAVEL SERVICES PRIVATE LIMITED	18/07/2016	-

Name :

Mr. Nilesh Shivji Vikamsey

Designation :

Additional Director

Address :

184, Kalapataru Habitat, Tower-A, Dr.Ss.Rao Road, Parel, Mumbai-400012, Maharashtra, India

Date of Appointment :

16.08.2017

DIN No.:

00031213

Other Directorship :

CIN/FCRN	Company Name	Begin Date	End Date
L22200MH1984PLC034055	NAVNEET EDUCATION LIMITED	06/08/2013	-
L63040MH1978PLC020717	THOMAS COOK (INDIA) LIMITED	02/09/2016	-
L65191KL1931PLC000368	THE FEDERAL BANK LTD	03/09/2011	-
L65922DL1988PLC033856	PNB HOUSING FINANCE LIMITED	22/04/2016	-
L74999MH1995PLC093797	IIFL HOLDINGS LIMITED	11/02/2005	-
U27100MH1997PTC109679	HLB OFFICES AND SERVICES PRIVATE LIMITED	17/04/2000	-
U45200MH2008PTC182131	TRUNIL PROPERTIES PRIVATE LIMITED	12/05/2008	-
U45200MH2008PTC182133	BARKAT PROPERTIES PRIVATE LIMITED	12/05/2008	-
U63090MH1992PTC070074	SOTC TRAVEL SERVICES PRIVATE LIMITED	18/07/2016	-

Name :

Mr. Kishori Jayendra Udeshi

Designation :

Director

Address :

15, Sumit Apartments M.L. Dahanukar Marg, Mumbai-400026, Maharashtra, India

Date of Appointment :

01.06.2017

DIN No.:

01344073

Other Directorship :

CIN/FCRN	Company Name	Begin Date	End Date
L24222PN1956PLC134746	ELANTAS BECK INDIA LIMITED	06/05/2015	-
L51909GJ1991PLC015522	HALDYN GLASS LIMITED	25/09/2009	-
L63040MH1978PLC020717	THOMAS COOK (INDIA) LIMITED	06/06/2013	-
L65191TN1979PLC007874	SHRIRAM TRANSPORT FINANCE COMPANY LIMITED	05/07/2013	-
L74999MH1964PLC014258	ION EXCHANGE (INDIA) LIMITED	27/05/2011	-
U50100TN2010PLC074572	SHRIRAM AUTOMALL INDIA LIMITED	31/07/2015	-
U63090MH1992PTC070074	SOTC TRAVEL SERVICES PRIVATE LIMITED	18/07/2016	-
U74140MH2001PTC134220	HSBC ASSET MANAGEMENT (INDIA) PRIVATE LIMITED	03/09/2009	-

Name :

Mrs. Harsha Raghavan

Designation :

Director

Address :

Flat No. 2, 1st Floor, Shree Sadan, M.L.Dahanukar Marg, Mumbai-400026, Maharashtra, India

Date of Appointment :

01.06.2017

DIN No.:

01761512

Other Directorship :

CIN/FCRN	Company Name	Begin Date	End Date
L15140MH1985PLC286828	FAIRCHEM SPECIALITY LIMITED	09/09/2016	-
L63040MH1978PLC020717	THOMAS COOK (INDIA) LIMITED	06/06/2013	-
L92490TN1986PLC013044	STERLING HOLIDAY RESORTS (INDIA) LIMITED	30/07/2014	-
U24220MH2016PLC283393	PRIVI ORGANICS INDIA LIMITED	04/05/2017	-
U45203KA2001PLC028418	BANGALORE INTERNATIONAL AIRPORT LIMITED	27/07/2017	-
U63030MH2017PTC289608	SAURASHTRA FREIGHT PRIVATE LIMITED	14/02/2017	-
U63040MH1961PLC012067	TRAVEL CORPORATION (INDIA) LIMITED	29/08/2016	-
U63040TN1989PLC114064	STERLING HOLIDAY RESORTS LIMITED	31/08/2016	-
U63090MH1992PTC070074	SOTC TRAVEL SERVICES PRIVATE LIMITED	18/07/2016	-

Name :

Mr. Rahul Narain Bhagat

Designation :

Director

Address :

32, Hill Park, A G Bell marg, Malabar Hill Telephone Exchange, Malabar Hill, Mumbai-400006, Maharashtra, India

Date of Appointment :

01.06.2017

DIN No.:

02473708

Other Directorship :

CIN/FCRN	Company Name	Begin Date	End Date
U63090MH1992PTC070074	SOTC TRAVEL SERVICES PRIVATE LIMITED	18/07/2016	-
U74999MH2014NPL260102	WORLD MONUMENTS FUND INDIA ASSOCIATION	11/12/2014	-
U99999UR1928NPL002455	INDIAN PUBLIC SCHOOLS SOCIETY	22/10/2016	-

KEY EXECUTIVES

Name :	Kiran Rajendra Agrawal
Designation :	Company Secretary
Address :	Flat No. 2, Sneha Niwas Plot No.112, Sector 21, Nerul, Navi Mumbai, Mumbai-400706, Maharashtra, India
Date of Appointment :	01.06.2017
PAN No.:	ADDPA4484G
Name :	Mr. Nitin Muralidharan Menon
Designation :	Chief Financial Officer (KMP)
Address :	B 706, Sai Deep 3, Near Swami Vivekanand School Near Sindhi Society, Chembur, Mumbai-400071, Maharashtra, India
Date of Appointment :	01.06.2017
PAN No.:	ANJPM6356P

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 16.06.2017

Names of Shareholders (Equity Shares)	No. of Shares
Thomas Cook (India) Limited, India	9994
Mahesh Iyer, Nominee of Thomas Cook (India) Limited, India	1
Amit Madhan, Nominee of Thomas Cook (India) Limited, India	1
Abraham Alapatt, Nominee of Thomas Cook (India) Limited, India	1
Madhavan Menon, Nominee of Thomas Cook (India) Limited, India	1
Rambhau Kenkare, Nominee of Thomas Cook (India) Limited, India	1
Rajeev Kale, Nominee of Thomas Cook (India) Limited, India	1
Total	10000

AS ON 01.08.2017

Names of Allottees (Preference Shares)	No. of Shares
Travel Corporation (India) Limited, India	100000000
Total	100000000

AS ON 16.06.2017

Equity Share Breakup	Percentage of Holding
Category
Promoters – Body Corporate	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Subject is engaged in the business of Tour and Travel Agency Activities. [Registered Activity]
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Divulged
Imports :	Not Divulged
Terms :
Selling :	Not Divulged
Purchasing :	Not Divulged

PRODUCTION STATUS: NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

Reference:	Not Divulged
Name of the Person (Designation):	---
Contact Number:	---
Since how long known:	---
Maximum limit dealt:	---
Experience:	---
Remark	---

Customers :

Reference:	Not Divulged
Name of the Person (Designation):	---
Contact Number:	---
Since how long known:	---
Maximum limit dealt:	---
Experience:	---
Remark	---

No. of Employees :

Not Divulged

Bankers :

Bank Name:	Not Divulged
Branch:	---
Person Name (with Designation):	---
Contact Number:	---
Name of Account Holder:	---
Account Number:	---
Account Since (Date/ Year of A/c Opening):	---
Average Balance Maintained (Optional):	---
Credit Facilities Enjoyed (CC/OD/Term Loan):	---
Account Operation:	---
Remarks:	---

Facilities :

---

Auditors :
Name :	MGB and Company LLP Chartered Accountants
Address :	Peninsula Business Park, Tower B, 19^th Floor, Lower Parel, Mumbai-400013, Maharashtra, India
Income-tax PAN of auditor or auditor's firm :	AAYFM6965C
Memberships :	Not Available
Collaborators :	Not Available
Holding company : [As on 16.06.2017]	Thomas Cook (India) Limited [L63040MH1978PLC020717]
Holding company : [As on 31.03.2016]	SOTC Travel Services Private Limited, India [U63090MH1992PTC070074]
Ultimate Holding Company : [As on 31.03.2016]	· Fairfax Financial Holdings Limited (w.e.f. 16 December, 2015), · Kuoni Asian Investments (Mauritius) Limited* · Kuoni Travel Holding Limited* (*ceased w.e.f. 15 December, 2015)
Fellow Subsidiaries : [As on 31.03.2016]	· Distant Frontiers Tours Private Limited · KAT Management Consulting (Shanghai) Company Limited, · KTI Support Services (India) Private Limited# · Sita Destination Management Private Limited · Sita Holidays (India) Private Limited · Sita Holidays Resorts Private Limited, Sita · Incoming (India) Private Limited, Sita Travels and Tours Private Limited · Sita Beach Resorts Private Limited · Sita World Travel Lanka (Private) Limited · Sita World Travel (Nepal) Private Limited. (#ceased w.e.f. 15 December 2015)

CAPITAL STRUCTURE

AFTER 16.06.2017

Authorised Capital : INR 1000.100 Million

Issued, Subscribed & Paid-up Capital : INR 1000.100 Million

AS ON 31.03.2016

Authorised Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	INR 10/- each	INR 0.100 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	INR 10/- each	INR 0.100 Million

FINANCIAL DATA

[all figures are in INR Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2016	31.03.2015	31.03.2014
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	0.100	0.100	0.100
(b) Reserves & Surplus	(0.015)	(0.009)	(0.006)
(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)	0.085	0.091	0.094
(3) Non-Current Liabilities
(a) Long-term borrowings	0.000	0.000	0.000
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	0.000	0.000	0.000
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	0.000	0.000	0.000
(c) Other current liabilities	0.007	0.007	0.006
(d) Short-term provisions	0.000	0.000	0.000
Total Current Liabilities (4)	0.007	0.007	0.006
TOTAL	0.092	0.098	0.100
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	0.000	0.000	0.000
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	0.000	0.000	0.000
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	0.000	0.000	0.000
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	0.000	0.000	0.000
(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	0.000	0.000
(d) Cash and cash equivalents	0.087	0.091	0.093
(e) Short-term loans and advances	0.000	0.000	0.000
(f) Other current assets	0.005	0.007	0.007
Total Current Assets	0.092	0.098	0.100
TOTAL	0.092	0.098	0.100

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2016	31.03.2015	31.03.2014
	SALES
		Revenue from Operations	0.000	0.000	0.000
		Other Income	0.007	0.008	0.007
		TOTAL (A)	0.007	0.008	0.007
Less	EXPENSES
		Other expenses	0.013	0.010	0.008
		TOTAL (B)	0.013	0.010	0.008
	PROFIT/(LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		(0.006)	(0.002)	(0.001)
Less	FINANCIAL EXPENSES (D)		0.000	0.000	0.000
	PROFIT/(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		(0.006)	(0.002)	(0.001)
Less/ Add	DEPRECIATION/ AMORTISATION (F)		0.000	0.000	0.000
	PROFIT/(LOSS) BEFORE TAX (E-F) (G)		(0.006)	(0.002)	(0.001)
Less	TAX (H)		0.000	0.000	0.000
	PROFIT/(LOSS) AFTER TAX (G-H) (I)		(0.006)	(0.002)	(0.001)
	Earnings/(Loss) Per Share (INR)		(0.60)	(0.22)	(0.05)

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2016	31.03.2015	31.03.2014
Current Maturities of Long term debt	NA	NA	NA
Net cash flows from (used in) operations	(0.006)	(0.002)	NA
Net cash flows from (used in) operating activities	(0.013)	(0.010)	(0.008)

KEY RATIOS

EFFICIENCY RATIOS

PARTICULARS	31.03.2016	31.03.2015	31.03.2014
Average Collection Days (Sundry Debtors / Income * 365 Days)	0.00	0.00	0.00
Account Receivables Turnover (Income / Sundry Debtors)	0.00	0.00	0.00
Average Payment Days (Sundry Creditors / Purchases * 365 Days)	0.00	0.00	0.00
Inventory Turnover (Operating Income / Inventories)	0.00	0.00	0.00
Asset Turnover (Operating Income / Net Fixed Assets)	0.00	0.00	0.00

LEVERAGE RATIOS

PARTICULARS	31.03.2016	31.03.2015	31.03.2014
Debt Ratio ((Borrowing + Current Liabilities) / Total Assets)	0.08	0.07	0.06
Debt Equity Ratio (Total Liability / Networth)	0.00	0.00	0.00
Current Liabilities to Networth (Current Liabilities / Net Worth)	0.08	0.08	0.06
Fixed Assets to Networth (Net Fixed Assets / Networth)	0.00	0.00	0.00
Interest Coverage Ratio (PBIT / Financial Charges)	0.00	0.00	0.00

PROFITABILITY RATIOS

PARTICULARS		31.03.2016	31.03.2015	31.03.2014
Net Profit Margin ((PAT / Total Income) * 100)	%	(85.71)	(25.00)	(14.29)
Return on Total Assets ((PAT / Total Assets) * 100)	%	(6.52)	(2.04)	(1.00)
Return on Investment (ROI) ((PAT / Networth) * 100)	%	(7.06)	(2.20)	(1.06)

SOLVENCY RATIOS

PARTICULARS	31.03.2016	31.03.2015	31.03.2014
Current Ratio (Current Assets / Current Liabilities)	13.14	14.00	16.67
Quick Ratio ((Current Assets – Inventories) / Current Liabilities)	13.14	14.00	16.67
G-Score Ratio Financial (Networth / Total Assets)	0.92	0.93	0.94
G-Score Ratio Debt (Debts / Equity Capital)	0.00	0.00	0.00
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities)	13.14	14.00	16.67

Total Liability = Short-term Debt + Long-term Debt + Current Maturities of Long-term debts

FINANCIAL DATA

[all figures are in INR Million]

DEBT EQUITY RATIO

Particular	31.03.2014	31.03.2015	31.03.2016
	INR In Million	INR In Million	INR In Million
Share Capital	0.100	0.100	0.100
Reserves & Surplus	(0.006)	(0.009)	(0.015)
Money received against share warrants	0.000	0.000	0.000
Share Application money pending allotment	0.000	0.000	0.000
Net worth	0.094	0.091	0.085
long-term borrowings	0.000	0.000	0.000
Short term borrowings	0.000	0.000	0.000
Total borrowings	0.000	0.000	0.000
Debt/Equity ratio	0.000	0.000	0.000

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2014	31.03.2015	31.03.2016
	(INR In Million)	(INR In Million)	(INR In Million)
Total Income	0.007	0.008	0.007
		14.286	(12.500)

NET PROFIT MARGIN

Net Profit Margin	31.03.2014	31.03.2015	31.03.2016
	(INR In Million)	(INR In Million)	(INR In Million)
Total Income	0.007	0.008	0.007
Profit/ (Loss)	(0.001)	(0.002)	(0.006)
	(14.29%)	(25.00%)	(85.71%)

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check list by info agents	Available in Report (Yes/No)
1	Year of establishment	Yes
2	Constitution of the entity -Incorporation details	Yes
3	Locality of the entity	Yes
4	Premises details	No
5	Buyer visit details	--
6	Contact numbers	Yes
7	Name of the person contacted	No
8	Designation of contact person	No
9	Promoter’s background	Yes
10	Date of Birth of Proprietor / Partners / Directors	Yes
11	Pan Card No. of Proprietor / Partners	No
12	Voter Id Card No. of Proprietor / Partners	No
13	Type of business	Yes
14	Line of Business	Yes
15	Export/import details (if applicable)	No
16	No. of employees	No
17	Details of sister concerns	Yes
18	Major suppliers	No
19	Major customers	No
20	Banking Details	No
21	Banking facility details	No
22	Conduct of the banking account	--
23	Financials, if provided	Yes
24	Capital in the business	Yes
25	Last accounts filed at ROC, if applicable	No
26	Turnover of firm for last three years	Yes
27	Reasons for variation <> 20%	--
28	Estimation for coming financial year	No
29	Profitability for last three years	Yes
30	Major shareholders, if available	Yes
31	External Agency Rating, if available	Yes
32	Litigations that the firm/promoter involved in	--
33	Market information	--
34	Payments terms	No
35	Negative Reporting by Auditors in the Annual Report	No

INDEX OF CHARGES: NO CHARGES EXISTS FOR COMPANY

CORPORATE INFORMATION

Sita Holidays (India) Private Limited is a Private Limited company incorporated under the provisions of the Companies Act, 1956. SOTC Travel Services Private Limited (Formerly known as 'Kuoni Travel (India) Private Limited'), the holding company holds the entire share capital of the Company.

STATE OF THE COMPANY’S AFFAIRS AND FUTURE OUTLOOK

On 16 December 2015, there was change in the stake of the ultimate Parent Company from Kuoni Travel Holding Limited to Thomas Cook Group with Kuoni Holding Group, Switzerland divesting its entire shareholding in the Company.

Sita Travels Private Limited is now a step-down subsidiary of Fairfax Financial Holdings Group; held through its two Indian listed subsidiaries, Thomas Cook (India) Limited (TCIL) and TCIL's subsidiary Travel Corporation (India) Ltd.

There has been no change in the business of the Company during the financial year ended 31st March, 2016.

During the year, there was no business transaction and is a dormant company.

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	INR 65.22
UK Pound	1	INR 92.77
Euro	1	INR 80.34

INFORMATION DETAILS

Information Gathered by :	SVA
Analysis Done by :	NIY
Report Prepared by :	IND

SCORE FACTORS

DEMERIT POINTS
--BANK CHARGES	YES/NO	NO
--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

RATING EXPLANATIONS

Credit Rating	Explanation	Rating Comments
A++	Minimum Risk	Business dealings permissible with minimum risk of default
A+	Low Risk	Business dealings permissible with low risk of default
A	Acceptable Risk	Business dealings permissible with moderate risk of default
B	Medium Risk	Business dealings permissible on a regular monitoring basis
C	Medium High Risk	Business dealings permissible preferably on secured basis
D	High Risk	Business dealing not recommended or on secured terms only
NB	New Business	No recommendation can be done due to business in infancy stage
NT	No Trace	No recommendation can be done as the business is not traceable

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

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 are as follows:

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

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.