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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

497268

Report Date :

15.03.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

PHYSICAL RESEARCH LABORATORY

 

 

Registered Office :

Near Gujarat University, Navrangpura, Ahmedabad – 380009, Gujarat 

Tel. No.:

91-79-26314867

 

 

Country :

India

 

 

Financials (as on) :

31.03.2017

 

 

Year of Incorporation :

1947

 

 

Capital Investment / Paid-up Capital :

INR 2325.064 Million

 

 

Trust Registration No.:

E/1371/Ahmedabad

 

 

IEC No.:

[Import-Export Code No.]

Not Divulged

 

 

GSTN :

[Goods & Service Tax Registration No.]

Not Divulged

 

 

PAN No.:

[Permanent Account No.]

Not Divulged

 

 

Legal Form :

Research Institute

 

 

Line of Business :

Subject is engaged in Basic Sciences Research. [Registered Activity]

 

 

No. of Employees :

Approximately [Research and Internship Programmes - 214/ Scientific Contributions – 455/ Administrative and Auxiliary staff structure - 288] = 957

 

 

RATING & COMMENTS

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

 

MIRA’s Rating :

A+

 

Credit Rating

Explanation

Rating Comments

A+

Low Risk

Business dealings permissible with low risk of default

 

Maximum Credit Limit :

USD 6643000

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

Comments :

Physical Research Laboratory (PRL) is a national institute for space and allied science which is mainly supported by Department of Space and Government of India (GOI).

 

PRL also manages Udaipur Solar Observatory which is located in Ahmedabad.

 

It was founded by Dr. Vikram Sarabhai on 11th November 1947 and the research laboratory has ongoing research programmes in astronomy and astrophysics, atmospheric sciences and aeronomy, earth sciences, solar system studies and theoretical physics.

 

It was initially set up as M.G Science Institute with supported of Karmkshetra Educational Foundation and the Ahmedabad Education Society.

 

Mr. Anil Bhardwaj is the current director of the PRL and ISRO honoured him with the Outstanding Achievement Award in 2017. He also worked at NASA as a Marshall Space Flight Centre.   

 

Rating takes into consideration the PRL’s long established track record of business operations along with healthy funds base and good liquidity position.

 

Rating also takes into account the strong financial support received from GOI and extensive experience of its founders.

 

Payments seems to be regular.

 

In view of aforesaid, the subject can be considered for business dealings at usual trade terms and conditions.

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List

 

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

 

 

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 15.03.2018

 

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 DENIED BY

 

Name :

Mr. Hemal Shah

Designation :

Not Divulged

Contact No.:

91-79-26314867

Date :

12.03.2018

 

 

LOCATIONS

 

Registered Office :

Near Gujarat University, Navrangpura, Ahmedabad – 380009, Gujarat, India 

Tel. No.:

91-79-26314867/ 26314000/ 4855

Fax No.:

91-79-26305258/ 26314900

E-Mail :

info@prl.res.in

library@prl.res.in

Website :

www.prl.res.in

 

 

COUNCIL OF MANAGEMENT

 

Name:

Dr. Vikram Ambalal Sarabhai

Designation:

Founder

 

 

Three nominees from Government of India

Name:

Professor U.R. Rao, Former Chairman, ISRO

Designation:

Chairman

Address:

Antariksh Bhavan, New BEL Road, Bangalore – 560231, Karnataka, India

 

 

Name:

Mr. A. S. Kiran Kumar, Secretary [Department of Space, Government of India and Chairman]

Designation:

Member

Address:

ISRO Antariksh Bhavan, Bangalore -560231, Karnataka, India

 

 

Name:

Mr.  A. Vijay Anand, IRS, Additional Secretary & FA [Department of Space, Government of India]

Designation:

Member (Up to 31.08.2016)

Address:

Antariksh Bhavan, Bangalore - 560231, Karnataka, India

 

 

Name:

Mr.  S. Kumaraswamy, Additional Secretary & FA [Department of Space, Government of India]

Designation:

Member (From 01.09.016 to 05.03.2017)

Address:

Antariksh Bhavan, Bangalore - 560231, Karnataka, India

 

 

Name:

Mrs. Vandita Sharma, Additional Secretary & FA [Department of Space, Government of India]

Designation:

Member (From 06.03.2017)

Address:

Antariksh Bhavan, Bangalore - 560231, Karnataka, India

 

 

A Nominee of Ahmedabad Education Society

Name:

Mr. Sanjay S. Lalbhai

Designation:

Member

Address:

Ahmedabad-380009, Gujarat, India

 

 

A Nominee of Karmakshetra Education Foundation

Name:

Mr.  Kartikeya V. Sarabhai, Director, Centre for Environment Education

Designation:

Member

Address:

Ahmedabad-380054, Gujarat, India

 

 

A Nominee of Govt. of Gujarat, Gandhinagar-382010

Name:

Ms. Anju Sharma, I.A.S., Secretary, Higher and Technical Education

Designation:

Member [Department of Education]

Address:

 

 

 

Director, Physical Research Laboratory, Ahmedabad-380009

Name:

Professor Utpal Sarkar

Designation:

Member (Ex-Officio, Up to 31.05.2016)

 

 

Name:

Mr. Tapan Misra

Designation:

Member (Ex-Officio, From 01.06.2016 to 09.02.2017)

 

 

Name:

Dr. Anil Bhardwaj

Designation:

Member (Ex-Officio, From 10.02.2017)

 

 

Registrar, Physical Research Laboratory, Ahmedabad-380009

Name:

Wg. Cdr. (Retd.) Vibhas Gupta

Designation:

Member Secretary (Ex-Officio, Up to 21.10.2016)

 

 

Name:

Professor Jyotiranjan S. Ray

Designation:

Member Secretary (Ex-Officio, From 22.10.2016)

 

 

PRL FACULTY

Name:

Bhardwaj A.

Designation:

Director

 

 

Name:

Acharyya K.

Designation:

Reader

 

 

Name:

Baliyan K. S.

Designation:

Professor

 

 

Name:

Banerjee D.

Designation:

Professor

 

 

Name:

Banerjee D. P. K.

Designation:

Senior Professor

 

 

Name:

Banerjee S. B.

Designation:

Scientist - SE

 

 

Name:

Basu Sarbadhikari A.

Designation:

Scientist-SE

 

 

Name:

Bhatt J. R.

Designation:

Professor

 

 

Name:

Bhattacharyya R.

Designation:

Associate Professor

 

 

Name:

Bhushan R.

Designation:

Scientist-SG

 

 

Name:

Chakrabarty A.

Designation:

Associate Professor

 

 

Name:

Chakrabarty D.

Designation:

Associate Professor

 

 

Name:

Chauhan N.

Designation:

Scientist-SD

 

 

Name:

Deshpande R. D.

Designation:

Scientist-SG

 

 

Name:

Dewangan. L. K.

Designation:

Scientist-SD

 

 

Name:

Ganesh S.

Designation:

Scientist-SF

 

 

Name:

Gadhavi H.

Designation:

Scientist-SE

 

 

Name:

Goswami S.

Designation:

Professor

 

 

Name:

Guharay A.

Designation:

Reader

 

 

Name:

Haider S.A.

Designation:

Senior Professor

Name:

Janardhan P.

Designation:

Senior Professor

 

 

Name:

Joshi B.

Designation:

Reader

 

 

Name:

Joshi V.

Designation:

Scientist-SD

 

 

Name:

Juyal N.

Designation:

Scientist-SF

 

 

Name:

Kushawaha R. K.

Designation:

Scientist-SD

 

 

Name:

Konar P.

Designation:

Associate Professor

 

 

Name:

Kumar B.

Designation:

Reader

 

 

Name:

Kumar S.

Designation:

Associate Professor

 

 

Name:

Mahajan N.

Designation:

Associate Professor

 

 

Name:

Marhas K. K.

Designation:

Associate Professor

 

 

Name:

Mathew S. K.

Designation:

Professor

 

 

Name:

Mishra H.

Designation:

Professor

 

 

Name:

Mohanty S.

Designation:

Senior Professor

 

 

Name:

Naik S.

Designation:

Associate Professor

 

 

Name:

Pallamraju D.

Designation:

Professor

 

 

Name:

Rai V.

Designation:

Associate Professor

 

 

Name:

Rajpurohit A. S.

Designation:

Scientist-SD

 

 

Name:

Ramachandran S.

Designation:

Professor

 

 

Name:

Rangarajan R.

Designation:

Professor

 

 

Name:

Rastogi N.

Designation:

Associate Professor

 

 

Name:

Ray J. S.

Designation:

Professor

 

 

Name:

Ray D.

Designation:

Scientist-SE

 

 

Name:

Sahoo B. K.

Designation:

Associate Professor

 

 

Name:

Sahu L. K.

Designation:

Associate Professor

 

 

Name:

Samanta G. K.

Designation:

Reader

 

 

Name:

Sarkar A.

Designation:

Reader

 

 

Name:

Sekar R.

Designation:

Senior Professor

 

 

Name:

Sharma S. K.

Designation:

Associate Professor

 

 

Name:

Sheel V.

Designation:

Associate Professor

 

 

Name:

Shukla A. D.

Designation:

Scientist-SE

 

 

Name:

Singh A.

Designation:

Reader

 

 

Name:

Singh A. D.

Designation:

Professor

 

 

Name:

Singh N.

Designation:

Associate Professor

 

 

Name:

Singh R. P.

Designation:

Professor

 

 

Name:

Singh S. K.

Designation:

Professor

 

 

Name:

Singh V.

Designation:

Scientist-SD

 

 

Name:

Sivaraman B.

Designation:

Reader

 

 

Name:

Srivastava M.

Designation:

Reader

 

 

Name:

Srivastava Nandita

Designation:

Professor

 

 

Name:

Srivastava Neeraj

Designation:

Scientist SE

 

 

Name:

Subramanian K. P.

Designation:

Professor

 

 

Name:

Vadawale S. V.

Designation:

Associate Professor

 

 

Name:

Vijayan S.

Designation:

Scientist-SD

 

 

Name:

Yadava M. G.

Designation:

Scientist-SG

 

 

Name:

Mahirale V.K.

Designation:

Engineer-SG

 

 

Name:

Adhyaru P. R.

Designation:

Engineer-SF

 

 

Name:

Bhavsar K.J.

Designation:

Engineer-SE

 

 

Name:

Bayanna A. R.

Designation:

Scientist-SE

 

 

Name:

Jani R. A.

Designation:

Scientist-SE

 

 

Name:

Mahajan R.R.

Designation:

Scientist-SE

 

 

Name:

Nishtha A.

Designation:

Librarian-SE

 

 

Name:

Pabari J. P.

Designation:

Engineer-SE

 

 

Name:

Rajesh T. A.

Designation:

Scientist-SE

 

 

Name:

Rao D. K.

Designation:

Scientist-SF

 

 

Name:

Raval J.

Designation:

Engineer-SE

 

 

Name:

Panda D.

Designation:

Scientist-SE

 

 

Name:

Shah A. B.

Designation:

Engineer-SG

 

 

Name:

Shah R. R.

Designation:

Engineer-SG

 

 

Name:

Shanmugam M.

Designation:

Engineer-SE

 

 

Name:

Singh R. P.

Designation:

Scientist-SE

 

 

Name:

Sudheer A. K.

Designation:

Scientist-SE

 

 

Name:

Ubale G. P.

Designation:

Engineer-SF

 

 

Name:

Vaghela H. R.

Designation:

Engineer-SE

 

 

Name:

Venkataraman V.

Designation:

Scientist-SE

 

 

Name:

Venkataramani S.

Designation:

Scientist-SF

 

 

Name:

Wairagade S.

Designation:

Engineer-SE

 

 

BUSINESS DETAILS

 

Line of Business :

Subject is engaged in Basic Sciences Research. [Registered Activity]

 

 

Brand Names :

Not Available

 

 

Agencies Held :

Not Available

 

 

Exports :

Not Divulged 

 

 

Imports :

Not Divulged 

 

 

Terms :

Not Divulged 

 

 

GENERAL INFORMATION

 

Suppliers :

Reference :

Not Divulged 

Name of the Person :

--

Contact No.:

--

Since How Long Known :

--

Maximum Limit Dealt :

--

Experience :

--

Remark :

--

 

 

Customers :

 

Reference :

Not Divulged 

Name of the Person :

--

Contact No.:

--

Since How Long Known :

--

Maximum Limit Dealt :

--

Experience :

--

Remark :

--

 

 

No. of Employees :

Approximately [Research and Internship Programmes - 214/ Scientific Contributions – 455/ Administrative and Auxiliary staff structure - 288] = 957

 

 

Bankers :

Bank Name

Not Divulged

Branch

--

Person Name (With Designation)

--

Contact Number

--

Name of Account Holder

--

Account Number

--

Account Since (Date/Year of Account Opening)

--

Average Balance Maintained (If Possible)

--

Credit Facilities Enjoyed (If any)

--

Account Operation

--

Remarks (If any)

--

 

Auditors :

 

Name:

Mukesh M. Shah and Company

Chartered Accountants

Address:

7th Floor, Heritage Chambers, Behind Bikanerwala, Off S.M. Road, Near Azad Society, Nehru Nagar, Ahmedabad – 380015, Gujarat, India 

Tel No.:

91-79-26472000

Email:

contact@mmsco.in

Website:

www.mmsco.in

 

 

Memberships :

Not Available

 

 

Collaborators :

Not Available

 

 

Sister Concern :

Not Divulged

 

 

CAPITAL STRUCTURE

 

AS ON 31.03.2017

 

Particulars

Amount

Amount

 

 

 

TRUST FUND CORPUS

 

 

Grant and contribution

3910.283

 

Less: Depreciation

(1585.219)

 

Total

 

2325.064

 

 


 

FINANCIAL DATA

[all figures are INR Million]

 

ABRIDGED BALANCE SHEET

 

FUND AND LIABILITIES

 

31.03.2017

31.03.2016

 

 

TRUST FUND CORPUS

 

Grant and contribution

 

3910.283

3470.283

Less: Depreciation

 

(1585.219)

(1387.904)

 

 

2325.064

2082.379

 

 

 

 

Other Earmarked Funds

 

10.013

9.104

 

 

 

 

PROJECTS BALANCES [GRANTS]

 

51.328

65.477

 

 

 

 

 CURRENT LIABILITIES

 

For Expenses

 

6.872

8.866

For Materials and Contracts

 

6.613

69.864

Miscellaneous Liabilities

 

16.448

11.747

Other Deposits

 

28.566

23.058

New Pension Scheme

 

2.080

2.192

CHSS Retired Subscription

 

3.019

3.007

 

 

63.598

118.734

 

 

 

 

INCOME AND EXPENDITURE ACCOUNT

 

 

 

Balance as per last Balance Sheet

 

168.955

85.425

Less: Excess Expenditure Over Income for the year

 

(105.688)

83.530

 

 

63.267

168.955

 

 

 

 

 TOTAL

 

2513.270

2444.649

 

 

 

 

PROPERTY AND ASSETS

 

Immovable Properties

 

391.088

391.088

Less: Depreciation

 

(133.024)

(119.442)

 

 

258.064

271.646

Movable Properties

 

 

 

Equipments, Furniture and Fixtures, Dead Stock,

Vehicles, Books and Journals

 

2591.260

2307.888

Less: Depreciation

 

(1452.194)

(1268.461)

(d) Short-term provisions

 

1139.066

1039.427

 

 

 

 

INVESTMENT [AT COST]

 

589.085

641.683

 

 

Stock of Stores [At Cost]

 

0.805

0.134

Stock of Medicine [At Cost]

[As per inventory certifies by the management]

 

0.018

0.009

 

 

0.823

0.143

 

 

 

 

ADVANCES (SECURED)

 

 

 

Staff Members

 

Vehicle/Computer Advance

(Including accrued interest INR 0.037 million/

p.y. INR 0.034 million)

 

0.534

0.611

House Building Advance

 

0.411

0.584

 

 

0.945

1.195

 

 

 

 

Cash & Bank Balances

 

155.664

434.501

 

 

ADVANCES [UNSECURED]

 

To Employees (Including INR 0.115 million more than one year

And considered doubtful)

 

2.166

2.075

To Contractors and Suppliers

 

314.693

10.045

To Others [Including INR 11.059 million as Deposit/

p.y. INR 5.515 million]

 

23.972

11.835

 

 

340.831

23.955

 

 

 

 

ADVANCES [FOR CIVIL WORKS]

 

 

 

To Civil Engineering Division, DOS

 

5.520

5.520

To Civil Engineering SAC

 

13.470

13.470

 

 

18.990

18.990

 

 

 

 

RECEIVABLES

 

 

 

Customs Duty Receivable

 

6.112

6.112

Project Balances Receivable

 

0.000

0.622

Forex Claim Receivable

 

0.194

0.194

SBI – ATM Rent Receivable

 

0.030

0.030

Interest Receivables on FDR

 

3.466

6.151

 

 

9.802

13.109

 

 

 

 

TOTAL

 

2513.270

2444.649

 


 

INCOME AND EXPENDITURE ACCOUNT

 

Particulars

 

 

31.03.2017

31.03.2016

 

 

 

 

INCOME

 

 

 

Rent [Realised]

 

1.551

1.507

 

 

 

 

Interest (Accrued/ Realised:

 

 

 

On Vehicle/Computer Advance

 

0.041

0.021

On House Building Advance

 

0.000

0.013

On Interest (Miscellaneous)

 

0.001

0.000

On Interest (NPS Fund)

 

(0.017)

0.008

On Bank FDs

 

35.330

25.264

 

 

35.355

25.306

 

 

 

 

GRANTS

 

873.790

866.490

 

 

 

 

Income from Other Sources:

 

 

 

Miscellaneous Income

[sale of unserviceable/ obselete articles, discarded assets, Insurance Claim]

 

0.252

0.223

Income: Miscellaneous

[Loss of ID Cards, RTI fee]

 

0.002

0.002

 

 

0.254

0.225

 

 

 

 

Prior period income

 

0.000

0.002

 

 

 

 

EXPENDITURE

 

 

 

 

 

 

 

Expenditure in Respect of Properties

 

 

 

Rates, Taxes and Cases

 

3.021

5.174

Repairs and Maintenance

 

14.225

21.472

 

 

17.246

26.646

 

 

 

 

Legal Expenses

 

0.586

0.718

 

 

 

 

Audit Fees [Statutory Audit Fees]

 

0.180

0.172

 

 

 

 

Expenditure on Object of Trust:

 

 

 

Educational and Research 

 

982.134

780.322

 

 

 

 

Prior period Expenses

 

16.492

2.142

 

 

 

 

 

 

 

 

EXCESS OF EXPENDITURE OVER INCOME DURING THE YEAR

 

(105.688)

83.530

 


 

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

No

9

Promoter’s background

No

10

Date of Birth of Proprietor / Partners / Directors

No

11

Pan Card No. of Proprietor / Partners

No

12

Voter Id Card No. of Proprietor / Partners

No

13

Type of business

Yes

14

Line of Business

Yes

15

Export/import details (if applicable)

No

16

No. of employees

No

17

Details of sister concerns

No

18

Major suppliers

No

19

Major customers

No

20

Banking Details

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 two years

Yes

27

Reasons for variation <> 20%

--

28

Estimation for coming financial year

No

29

Profitability for last two years

Yes

30

Major shareholders, if available

No

31

Litigations that the firm/promoter involved in

--

32

Market information

--

33

Payments terms

No

34

Negative Reporting by Auditors in the Annual Report

No

 

 

 

 

 

CONSTITUTION:

 

Subject is a Trust registered under the Bombay Public Trust Act, 1950 and engaged in basic sciences research. Project has not carrying out any commercial activity. 

 

 

Website details:

 

History:

 

1947 - Founded in 1947 by Dr. Vikram A. Sarabhai, the Physical Research Laboratory (PRL) had a modest beginning at his residence, the RETREAT, with research on Cosmic Rays.

 

1947 - The Laboratory was formally established on November 11, 1947, in the M. G. Science College, Ahmedabad, with support from the Karmkshetra Educational Foundation and the Ahmedabad Education Society. The initial focus was research on Cosmic Rays and the properties of the Upper Atmosphere. Research in Theoretical Physics and Radio Physics were added later with grants from the Atomic Energy Commission.

 

1950 –

 

Formation of First Council of Management with following members:

 

Dr. S. S. Bhatnagar, FRS

Dr. K. S. Krishnan, FRS

Dr. Y. G. Naik

Dr. V. A. Sarabhai

Dr. K. R. Ramanathan

 

1951 - First Ozone Measurement Station at Mt. Abu

 

1952 - Foundation of PRL Campus laid by Sir C.V. Raman

 

1954 - Inauguration of Main Campus by Pandit Jawaharlal Nehru

 

1954 - PRL Main Campus

 

1963 –

Registration as a Trust by a quadripartite agreement between:

 

(Department of Atomic Energy) Government of India

Gujarat Of Government

Karmakshetra Education Foundation

Ahmedabad Education Society

 

1979 - Infra-red Telescope at Mt.Abu

 

1980 - Udaipur Solar Observatory becomes a part of PRL

 

1980 - Thaltej Campus

AWARDS

 

Hari Om Ashram Prerit Senior Scientist Award – 2016



The Physical Research Laboratory invites nominations for the Hari Om Ashram Prerit Senior Scientist Award for the year - 2016 instituted to commemorate the Birth Centenary of Pujya Shri Mota, Founder of the Hari Om Ashram, Nadiad

 

The award is presented to an eminent Indian Scientist for his/her innovative and outstanding contributions in Science & Technology and is given once every two years. The award consists of a Silver Plaque, a Citation and a Cash Prize of INR 0.200 Million.

 

The nomination should include a brief biodata of the nominee along with a summary highlighting his/her scientific contributions and achievements and should be sent to the Director, Physical Research Laboratory, Navrangpura, Ahmedabad - 3800 009.

 

The last date for receiving nominations for the Award of 2016 is 31st May 2017.

 

Buti Foundation Award

 

Nominations are invited for the biennial “Buti Foundation Award” in the field of Plasma Science & Technology. This award was instituted in 2007 from endowment fund provided by Buti Foundation, New Delhi. The award this year will be given to a person below 45 years as on 1st January 2017 (born on or after 02.01.1972) for innovative and outstanding research work done in India in the field of Plasma Science and Technology. The Award carries a Citation, a Medal and Cash Prize of INR 0.050 Million.

 

Guidelines for submission of nomination:


Nominations are to be submitted in the prescribed format and should include:

 

Significant contributions to the area of specialization by the nominee (two pages) during his/her research career.

Impact of the contributions in the field concerned, basic and/or applied specific contributions for which the nomination is being made

 

A complete list of Publications (with the names of authors in the order in which they appear in the publications).

 

List of TEN BEST publications of which five should preferably be from the last five years (A separate listing of this is essential)

Reprints of five important publications in the last five years (e-files only).

 

Nomination form along with documents, (as listed in items (a) to (f) above) also needs to be submitted via e-mail to bfa[At]prl[Dot]res[Dot]in on or before May 31, 2017. The selections for the year 2017 will be completed by the second quarter of the year 2017 and the awards will be presented in November 2017.

 

Re-nominations of the nominees for the years 2015 and 2013, subject to their fulfilling the age eligibility, may be done by making a fresh nomination as per the above criteria and guidelines.

 

Nominations may be sent/filled by the Head of Academic & Research Institutions, Vice-Chancellors, and Fellows of the Indian Academies of Science and Engineering and past awardees. Nominations to be sent to The Director, Physical Research Laboratory, Navrangpura, Near Gujarat University, Ahmedabad-380009.

 

Last date for receiving Nominations: May 31, 2017.

 

 

Hari Om Ashram Prerit Vikram Sarabhai Research Award

 

Nominations are invited for the Shri Hari Om Ashram Prerit Dr. Vikram Sarabhai Research Awards, 2017, established from funds provided by Pujya Shri Mota of Hari Om Ashram, Nadiad and PRL Award, 2017, instituted by late Prof. Devendra Lal, former Director of PRL. The awards, given in alternate years, consist of a cash prize of INR 0.050 Million and a medal and will be given to outstanding Indian Scientists, who are below 45 years of age (born on or after 2.1.1972), as on 1st January, 2017 for their original work in the following fields:

 

 

Hari Om Awards, one each in the following four disciplines:

 

Space Sciences (including Astronomy, Astrophysics, Planetary and Atmospheric Sciences).

 

Space Applications (in the areas of Meteorology, Hydrology, Remote Sensing and related Ground Truths).

Electronics, Informatics, Telematics and Automation.

 

Systems Analysis or Management, including non-linear, non-equilibrium systems in natural and social sciences and technology.

 

PRL Award for innovative theoretical and or experimental studies in earth and planetary systems, including areas of oceanography, atmospheric sciences and meteorology.

 

Guidelines for submission of nomination:

 

Nominations are to be submitted in the prescribed format and should include;


Two copies of the nomination to be submitted with a CD containing all documents including nomination proforma in ‘MS-word’ format. Please enclose the following documents with the nomination:

 

Significant contributions to the area of specialization by the nominee (two pages) during his/her research career.

Impact of the contributions in the field concerned, basic and/or applied.

 

Specific contributions for which the nomination is being made Complete list of Publications (with the names of authors in the order in which they appear in the publications).

 

List of TEN BEST publications of which five should preferably be from the last five years (A separate listing of this is essential) Reprints of five important publications in the last five years (e-file only).

 

Although the overall work of the candidates would be taken into account, the work done in India would be given prime consideration. The selections for the year 2017 is likely to be completed by the second quarter of the year 2018.


The nomination can be done either online or by downloading the proforma as provided below.

 

The nomination be done by downloading the proforma from PRL website https://www.prl.res.in --> National Awards--> Hari Om Awards / PRL Award 2017. Nomination form along with documents, (as listed in item (a) to (f) above) needs to be submitted via e-mail to hoa@prl.res.in on or before 15 April, 2018. Nominations may be sent by the Head of Academic & Research Institutions, Vice-Chancellors, and Fellows of the Indian Academies of Science and Engineering and past recipients of these awards. Nominations to be sent to: The Director, Physical Research Laboratory, Navrangpura, Ahmedabad-380009. Nominations may be sent/filled by the Head of Academic & Research Institutions, Vice-Chancellors and Fellows of the Indian Academies of Science and Engineering. Nominations to be sent to: The Director, Physical Research Laboratory, Navrangpura, Ahmedabad-380009.

 

Re-nominations of the nominees for the years 2015 and 2013 may be done by making a fresh nomination as per the above criteria and guidelines. Last date for receiving Nominations: 15 April, 2018.

 

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 records 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

INR

US Dollar

1

INR 64.98

UK Pound

1

INR 90.83

Euro

1

INR 80.58

 

 

INFORMATION DETAILS

 

Information Gathered by :

SWT

 

 

Analysis Done by :

VVK

 

 

Report Prepared by :

GEET

 


 

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

NO

--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.