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|
MIRA INFORM REPORT
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Report No. : |
508439 |
|
Report Date : |
11.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
SIR RATAN TATA TRUST |
|
|
|
|
Registered
Office : |
Bombay House, 24, Homi Mody Street, Mumbai -400 001,
Maharashtra |
|
Tel. No.: |
91-22-66658282 |
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|
Country : |
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|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Year of
Establishment : |
1919 |
|
|
|
|
Trust Fund : |
INR 782.740 Million |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
Not Divulged |
|
|
|
|
TIN No.: |
Not Divulged |
|
|
|
|
PAN No.: [Permanent Account No.] |
Not Divulged |
|
|
|
|
Legal Form : |
Trust |
|
|
|
|
Line of Business
: |
Providing grants to institutions in the areas of rural
livelihoods and communities, education, health, enhancing civil society and
governance and arts, crafts and culture. [From Indirect Sources] |
|
|
|
|
No. of Employees
: |
Information declined by the management |
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 8600000 |
|
|
|
|
Status : |
Excellent |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
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|
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
NOT AVAILABLE
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter in
the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2018.
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 11.05.2018
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
MANAGEMENT NON-COOPERATIVE (Tel No.:91-22-66658282)
LOCATIONS
|
Registered Office : |
Bombay House, 24, Homi Mody Street, Mumbai -400 001,
Maharashtra, Indai |
|
Tel. No.: |
91-22-66658282 |
|
Fax No.: |
91-22-66658013 |
|
E-Mail : |
|
|
Website : |
|
|
Area: |
1200 Sq. Ft. (As per site visit) |
|
Locality: |
Commercial (As per site visit) |
MANAGEMENT
|
BOARD OF TRUSTEES |
|
|
|
|
|
Name : |
Mr. Ratan N. Tata |
|
Designation : |
Chairperson |
|
|
|
|
Name : |
Mr. N. A. Soonawala |
|
Designation : |
Trustees |
|
|
|
|
Name : |
Mr. J. N. Tata |
|
Designation : |
Trustees |
|
|
|
|
Name : |
Mr. K. B. Dadiseth (upto April 2017) |
|
Designation : |
Trustees |
|
|
|
|
Name : |
Mr. R. K. Krishna Kumar |
|
Designation : |
Trustees |
|
|
|
|
Name : |
Ms. S. K. Bharucha |
|
Designation : |
Trustees |
|
|
|
|
Name : |
Mr. N. M. Munjee (upto January 2017) |
|
Designation : |
Trustees |
|
|
|
|
Name : |
Mr. A. Chandra (with effect from August 2016) |
|
Designation : |
Trustees |
|
|
|
|
Name : |
Mr. R. Venkataramanan (with effect from August 2016) |
|
Designation : |
Trustees |
KEY EXECUTIVES
|
Name : |
Mr. Burzis S. Taraporevala |
|
Designation : |
Secretary and Chief Financial Officer |
BUSINESS DETAILS
|
Line of Business
: |
Providing grants to institutions in the areas of rural
livelihoods and communities, education, health, enhancing civil society and
governance and arts, crafts and culture. [From Indirect Sources] |
|
|
|
|
Brand Names : |
Not Available |
|
|
|
|
Agencies Held : |
Not Available |
|
|
|
|
Exports : |
Not Divulged |
|
|
|
|
Imports : |
Not Divulged |
|
|
|
|
Terms : |
Not Divulged |
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||
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||||||||||||||
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Customers : |
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||||||||||||||
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|
||||||||||||||
|
No. of Employees : |
Information denied by the management |
||||||||||||||
|
|
|
||||||||||||||
|
Bankers : |
|
|
Statutory Auditors: |
Dilip J. Thakkar Chartered Accountant Jayantilal Thakkar and Company Chartered Accountants |
|
|
|
|
Internal Auditors: |
|
|
Name : |
Deloitte Haskins and Sells Chartered Accountants |
|
|
|
|
Solicitors: |
|
|
|
|
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Membership : |
Not Available |
|
|
|
|
Sister Concern : |
-- |
CAPITAL STRUCTURE
AS ON 31.03.2017
|
Trust Fund : |
INR 782.740 Million |
FINANCIAL DATA
[all figures are
INR Million]
FINANCIAL HIGHLIGHTS
LIABILITIES AS ON
31.03.2017
|
31.03.2016 |
Particulars |
31.03.2017 |
||
|
IN Million |
% |
|
IN Million |
% |
|
|
|
|
|
|
|
782.740 |
18.79 |
Trust Fund |
782.740 |
25.79 |
|
3373.610 |
80.99 |
Reserves and other Funds |
2237.850 |
73.73 |
|
9.090 |
0.22 |
Current Liabilities & Provisions |
14.660 |
0.48 |
|
|
|
|
|
|
|
4165.44 |
100.00 |
Total |
3035.250 |
100.00 |
ASSETS AS ON
31.03.2017
|
31.03.2016 |
Particulars |
31.03.2017 |
||
|
IN Million |
% |
|
IN Million |
% |
|
|
|
|
|
|
|
5.210 |
0.08 |
Immovable Properties |
4.830 |
0.16 |
|
2.590 |
0.04 |
Movable Assets |
2.490 |
0.08 |
|
2636.140 |
39.94 |
Investments |
2636.22 |
86.85 |
|
1521.500 |
23.05 |
Current Assets |
391.71 |
12.91 |
|
|
|
|
|
|
|
4165.440 |
63.11 |
Total |
3035.250 |
100.00 |
INCOME — APRIL 2016 -
MARCH 2017
|
2015-2016 |
Particulars |
2016-2017 |
||
|
IN Million |
% |
|
IN Million |
% |
|
|
|
|
|
|
|
2288.230 |
87.57 |
Dividend*** |
5.760 |
0.40 |
|
319.020 |
12.21 |
Interest |
280.020 |
19.61 |
|
1.400 |
0.05 |
Donations / Grants |
0.250 |
0.02 |
|
0.120 |
0.01 |
Property Income |
0.120 |
0.01 |
|
4.240 |
0.16 |
Sundries |
5.940 |
0.42 |
|
-- |
-- |
Excess of Expenditure over Income |
1135.770 |
79.54 |
|
|
|
|
|
|
|
2613.010 |
100.00 |
Total |
1427.860 |
100.00 |
***Includes interim
dividend received in the last week of March 2016
EXPENDITURE — APRIL
2016 - MARCH 2017
|
2015-2016 |
Particulars |
2016-2017 |
||
|
IN Million |
% |
|
IN Million |
% |
|
|
|
|
|
|
|
1362.420 |
52.14 |
Expenditure on Objects of the Trust (including grant related expenses) |
1238.050 |
86.71 |
|
52.370 |
2.00 |
Administration Expenses |
186.730 |
13.08 |
|
3.340 |
0.13 |
Property Expenses |
3.080 |
0.21 |
|
1194.880 |
45.73 |
Excess of Income over Expenditure |
-- |
-- |
|
|
|
|
|
|
|
2613.010 |
100.00 |
Total |
1427.860 |
100.00 |
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 |
Yes |
|
6 |
Contact numbers |
Yes |
|
7 |
Name of the person contacted |
Yes |
|
8 |
Designation of contact person |
Yes |
|
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 |
Yes |
|
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 three years |
No |
|
30 |
Major shareholders, if available |
No |
|
31 |
External Agency Rating, if available |
No |
|
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 |
|
OBSERVATION POINTS |
|
Name of Company : |
SIR RATAN TATA TRUST |
|
|
|
|
Address : |
Bombay House, 24, Homi Mody Street, Mumbai -400 001,
Maharashtra, India |
|
|
|
|
Contact No.: |
91-22-66658282 |
|
|
|
|
Person to whom we met: |
Receptionist (Name not Divulged) |
|
|
|
|
Name Board : |
Not Sighted (Instead, name board of Tata services Limited) |
|
|
|
|
Location: |
Easy |
|
|
|
|
Landmark (If Any): |
Opposite Central Bank of India |
|
|
|
|
Total Floors of the building: |
4 floors |
|
|
|
|
Subject situated on: |
Whole premise belongs to the subject. |
|
|
|
|
Locality: |
Commercial |
|
|
|
|
Area : |
Upmarket |
|
|
|
|
Visibility of
Items: |
·
Telephone ·
Fax machine ·
Telex ·
Computers ·
Air Conditioner ·
Office Equipment ·
Xerox Machine |
|
|
|
|
Furniture items
sighted : |
Yes |
|
|
|
|
Proof of visit: |
Photographs |
WEBSITE DETAILS
PROFILE
SIR RATAN TATA TRUST
Sir Ratan Tata Trust (SRTT) came into being in 1919 with a sum capital of INR 8.000 million. Established in accordance with the will of Sir Ratan Tata, the Trust is now one of the oldest grant bestowing foundations in India.
The Trust has, for about a century, been instrumental in development processes, providing grants to institutions in the areas of rural livelihoods and communities, education, health, enhancing civil society and governance and arts, crafts and culture
The Trust provides grants and partner with organisations that engage in innovative and sustainable initiatives and with the potential to make a visible difference. It also provides grants for endowments, has a separate programme for small grants and gives grants to individuals for education and medical relief.
SRTT is headed by Mr. Arun Pandhi (chief development manager and overall in charge of all programmes) and B. S. Taraporevala (secretary and chief accountant and overall in charge of all administrative and financial matters)
The grants offered by the Trust can be broadly classified as:
- Institutional
grants
- Endowment
grants
- Small grants
- Individual
grants
ABOUT SIR RATAN TATA
TRUST
Sir Ratan Tata Trust (SRTT) is one of the oldest philanthropic institutions in India. It was set up in 1919 in accordance with the will of Sir Ratan Tata, the younger son of Tata group Founder Jamsetji Tata, a year after his demise.
An altruist, Sir Ratan Tata constantly endeavoured for social change. During his lifetime, he supported several institutions and various deserving causes. After his demise in 1918 and as per his will, the bulk of his wealth went into the Sir Ratan Tata Trust, which was established with a corpus of INR 8.000 million, to further Sir Ratan Tata's vision of building a self-sufficient nation through the advancement of education, learning and industry. The Navajbai Ratan Tata Trust, formed in 1974, in memory of Sir Ratan Tata’s wife Navajbai, and the Tata Education and Development Trust, formed in 2008, embody a similar approach in their endeavor to enhance lives of the marginalised, whilst ensuring national development. The other allied trusts are the Sarvajanik Seva Trust and Bai Hirabai J. N. Tata Navsari Charitable Institution.
The Trusts implement initiatives for the communities and also support development initiatives by partnering with civil society organisations in the areas of education, health, rural livelihoods and communities, arts, craft and culture, and civil society and governance. Apart from bestowing institutional grants, the Trusts also support individuals through grants for education and medical relief.
The Trusts have always strived to bring about sustainable change in the lives
of the marginalised communities of the nation. In many ways, the Trusts are
responsible for transforming traditional notions of charity in the country.
ABOUT SIR RATAN
TATA
Sir Ratan Tata is the younger son of Jamsetji Tata, the Tata group Founder. He was born on January 20, 1871. Following in the footsteps of his father, Sir Ratan Tata devoted his efforts to various philanthropic initiatives to develop the resources of the nation. Despite his elite upbringing, he empathised with the underprivileged sections of society. There are many accounts that bear testimony to his benevolence.
He made generous donations towards Gopal Krishna Gokhale’s Servants of India Society and Mahatma Gandhi’s movement against apartheid in South Africa. Sir Ratan Tata donated liberally for the relief of distress caused by natural calamities, and for public memorials, schools and hospitals. He funded India’s first archeological excavation at Pataliputra, which led to the discovery of King Ashoka’s throne room.
A connoisseur of art, he bequeathed a large number of artifacts from his
personal collection to Mumbai’s Prince of Wales Museum (now known as
Chhatrapati Shivaji Maharaj Vastu Sangrahalaya). He also instituted a chair for
investigation and research into causes of destitution and poverty at the London
School of Economics (LSE). The Sir Ratan Tata Foundation is now a permanent
institution at the LSE.
In 1892, Sir Ratan Tata married Navajbai Sett. He was knighted for his services to humanity in 1916. The fact that he willed a large part of his property for charitable activities speaks volumes about his largesse. The Sir Ratan Tata Trust was established in 1919 with a corpus of INR 8.000 million. Today it is one of India’s oldest and most respected philanthropic organisations.
BOARD OF TRUSTEES
RATAN N TATA
Mr Ratan N Tata is the Chairman of the Tata Trusts (comprising Sir Ratan Tata Trust and Allied Trusts, and the Sir Dorabji Tata Trust and Allied Trusts). Under his guidance and leadership, the Trusts have metamorphosed from being reactive charities to India’s premier philanthropic foundations, striving to transform lives of millions of individuals, through meaningful partnerships with like-minded non-profit organisations, communities, governments (state and central), corporates and foreign funding organisations.
Mr Ratan N Tata was the Chairman of Tata Sons, the holding company of the Tata group, from 1991 till his retirement on December 28, 2012. During his tenure, the group’s revenues grew manifold, totalling over $100 billion in 2011-12. After retirement, Mr Tata has been conferred the honorary title of Chairman Emeritus of Tata Sons, Tata Industries, Tata Motors, Tata Steel and Tata Chemicals.
Mr Tata was the chairman of major Tata companies, including Tata Motors, Tata
Steel, Tata Consultancy Services, Tata Power, Tata Global Beverages, Tata
Chemicals, Indian Hotels and Tata Teleservices. He is also associated with
various organisations in India and overseas. Mr Tata serves on the board of
directors of Alcoa and is also on the international advisory boards of
Mitsubishi Corporation, JP Morgan Chase, Rolls-Royce and the Monetary Authority
of Singapore.
He is the Chairman of the Sir Ratan Tata Trust and Allied Trusts, and the Sir
Dorabji Tata Trust and the Allied Trusts. He is the Chairman of the Council of
Management of the Tata Institute of Fundamental Research. He also serves on the
board of trustees of Cornell University and the University of Southern
California.
Mr Tata joined the Tata group in 1962. After serving in various companies, he
was appointed Director-in-Charge of the National Radio and Electronics Company
in 1971. In 1981, he was named Chairman of Tata Industries, the group’s other
holding company, where he was responsible for transforming it into a group
strategy think tank and a promoter of new ventures in high-technology
businesses.
Mr Tata received his bachelor of architecture degree from Cornell University in 1962. He worked briefly with Jones and Emmons in Los Angeles before returning to India in late 1962. He completed the Advanced Management Programme at Harvard Business School in 1975.
The Government of India honoured Mr Tata with its second-highest civilian
award, the Padma Vibhushan, in 2008. He has also received honorary doctorates
from several universities in India and overseas.
SIR RATAN TATA TRUST
AND ALLIED TRUSTS
·
NA Soonawala
·
JN Tata
·
RK Krishna Kumar
·
SK Bharucha
·
Amit Chandra
·
R Venkataramanan
SIR RATAN TATA TRUST - PARTNERS
ARTS and CULTURE:
Performing Art and
Livelihoods
·
Department of Theatre Arts, University of
Hyderabad, Hyderabad
·
Kutch Mahila Vikas Sangathan, Bhuj
Conservation and
Digitisation
·
School of Cultural Texts and, Jadavpur
University, Kolkata
·
St. Xavier’s College, Mumbai
·
Roja Muthiah Research Library, Chennai
Community Radio
·
People’s Power Collective, Bengaluru
Others
·
Chhatrapati Shivaji Maharaj Vastu
Sangrahalay, Mumbai
EDUCATION
Regional Initiatives
Karnataka
·
Kalike Samruddhi Upakram (KSU) – Learning
Enhancement Initiative Kalike, Bengaluru
·
Swami Vivekananda Youth Movement (SYYM),
Bengaluru
Maharashtra
·
Quality Education Support Trust (QUEST),
Thane
·
Janseva Mandal, Nandurbar
·
Janarth Adivasi Vikas Sanstha (JASVS),
Nandurbar
Jharkhand
·
Vikas Bharati, Bishunpur
·
Collectives for Integrated Livelihood
Initiatives (CInI), Jamshedpur
·
Hazaribag Jesuits Education Society (HJES),
Hazaribag
Thematic Initiatives
·
Improving Access to Quality Education
·
Palakneeti Pariwar, Pune
·
Inter University Centre for Astronomy and
Astrophysics (IUCAA), Pune
·
Teacher Development Initiative
·
Tata Institute of Social Sciences (TISS),
Mumbai
·
‘Parag’ - Publication Initiative
·
The Society for Door Step Schools (DSS),
Mumbai
·
Eklavya, Bhopal
·
Pratham Books, Mumbai
·
Early Childhood Care and Education Initiative
·
Ambedkar University, Delhi
·
Quality Education Support Trust (QUEST),
Thane
·
Early Literacy Initiative
·
Jan Sahas Social Development Society, Dewas
·
Organisation for Early Literacy Promotion
(OELP), New Delhi
Nurturing Education
as a Discipline
·
Tata Institute of Social Sciences (TISS),
Mumbai
Cross-cutting across
Themes
·
Skills Development of Youth under Sakh Se
Vikas
·
Aajeevika Bureau, Udaipur
·
Foundation for Education and Development,
Udaipur
Others
·
College of Engineering, Pune
·
Bhagavan Sri Venkaiah Swamy Education Trust,
Nellore
·
Tata Institute of Social Sciences, Mumbai
HEALTH
Rural Health Programmes
·
Jan Swasthya Sahyog (JSS), Bilaspur
·
Society for Education, Action and Research in
Community Health (SEARCH), Gadchiroli.
Mental Health
·
Ashadeep, Guwahati
·
The Banyan, Chennai
·
Banyan Academy of Leadership in Mental Health
(BALM), Chennai
·
Iswar Sankalpa, Kolkata
·
Gramin Adivasi Samaj Vikas Sansthan (GASVS),
Chhindwara, Madhya Pradesh
·
Trust for Reaching the Unreached (TRU),
Vadodara
·
AMBA, Bengaluru
Child Development and
Nutrition
- ComDEALL Trust, Bengaluru
- St. Jude India ChildCare Centres (SJICCC), Mumbai
- Latika Roy Memorial Foundation (LRMF), Dehradun
- Rajasthan Mahila Kalyan Mandal (RMKM), Ajmer
- Advancing Reduction in Mortality and Morbidity of Mothers, Children and Neonates (ARMMAN), Mumbai
Human Resources and
Health Systems Development
·
MOHAN Foundation, Chennai
·
Community Health Cell (CHC), Society for
Community Health Awareness, Research and Action (SOCHARA), Bengaluru
·
Children’s Kidney Care Centre (CKCC), St.
Johns Medical College Hospital, Bengaluru
·
Sri Kanchi Kamakoti Medical Trust, Coimbatore
Clinical
Establishment
·
Gudalur Adivasi Hospital, Association for
Health Welfare in the Nilgiris (ASHWINI), Gudalur
·
Marrow Donor Registry (India) (MDRI), Mumbai
·
Bangalore Hospice Trust (BHT), Bengaluru
·
Indian Medical Association Blood Bank Society
of Uttarakhand (IMABBSU), Dehradun
·
Pain and Palliative Care Society, Kozhikode
·
Society for Education, Action and Research in
Community Health (SEARCH), Gadchiroli
·
Sri Aurobindo Society, Puducherry
·
Charutar Arogya Mandal, Karamsad
·
Tata Memorial Centre, Mumbai
Others
·
The Lepra India Trust, New Delhi
- RURAL LIVELIHOODS and COMMUNITIES
- Central India Initiative (CInI)
- Collectives for Integrated Livelihood Initiatives (CInI) Cell, Jamshedpur
- N. M. Sadguru Water and Development Foundation (Sadguru), Dahod
- Network for Enterprise Enhancement and Development Support (NEEDS), Deoghar
- Society for Upliftment of People with People Organizational and Rural Technology (SUPPORT), Hazaribag
·
Action for Social Advancement (ASA), Bhopal
·
Vikram Sarabhai Centre for Development
Interaction (VIKSAT), Ahmedabad
·
Professional Assistance for Development
Action (PRADAN), New Delhi
·
Harsha Trust, Bhubaneswar, Orissa
·
Bharat Rural Livelihoods Foundation (BRLF),
New Delhi
·
Society for Harmonious Renaissance of Simple
Technological Initiatives (SHRISTI), Bhubaneswar
Sukhi Baliraja
Initiative
·
Dr. Panjabrao Deshmukh Krishi Vidyapeeth
(PDKV), Akola
·
Dilasa Sansthan, Yavatmal
·
Vikas Ganga Samajsevi Sanstha (VGSS),
Yavatmal
·
Chetna Samajseva Mandal (CSM), Yavatmal
·
Swayam Shikshan Prayog (SSP), Mumbai
·
Action for Food Production (AFPRO),
Ahmednagar
·
Development for Human Action Foundation
(DHAN), Madurai
·
Narottam Lalbhai Rural Development Fund
(NLRDF), Ahmedabad
·
Kamalnayan Jamnalal Bajaj Foundation (KJBF),
Mumbai
·
Society for Upliftment of People with People
Organisation and Rural Technology (SUPPORT), Hazaribag, Jharkhand
Kharash Vistarotthan
Yojana (KVY) (Gujarat Coastal Salinity Ingress Prevention and Mitigation
Initiative)
·
Coastal Salinity Prevention Cell (CSPC),
Ahmedabad
·
Aga Khan Rural Support Programme (India)
(AKRSP(I)), Ahmedabad
·
Krishi Vigyan Kendra, Kodinar, Gujarat
·
Tata Chemicals Society for Rural Development
(TCSRD), Mithapur, Gujarat
Tata Water Mission
·
Tata Projects Community Development Trust,
Hyderabad
Himmothan Pariyojana
·
Himmotthan, Dehradun
·
Institute of Himalayan Environmental Research
and Education (INHERE), Masi
·
Shri Bhuveneshwari Mahila Ashram (SBMA),
Anjansain
·
Himalayan Gram Vikas Samiti (HGVS),
Gangolihat
·
Himalayan Institute Hospital Trust (HIHT),
Jolly Grant
·
Centre for Organic Farming, Uttarakhand
Organic Commodity Board (UOCB), Dehradun
·
Central Himalayan Rural Action Group
(CHIRAG), Nainital
·
Rural Initiative for Social Engineering
(RISE), Pithoragarh
·
Himalayan Sewa Samiti (HSS), Chandak,
Pithoragarh
·
General Rural Advancement Society (GRAS),
Lohaghat
·
Kasturba Mahila Utthan Mandal (KMUM),
Kausani, Almora
North East Initiative
·
North East Initiative Development Agency
(NEIDA), Kohima
·
Eleutheros Christian Society (ECS), Tuensang
·
Centre for Environment Protection (CEP),
Aizawl
·
International Livestock Research Institute
(ILRI), New Delhi
·
Prodigals Home (PH), Dimapur
·
Open Doors, Aizawl
·
Centre for Peace and Development, Aizawl
·
Centre for Community Development through
Network, Education, Research, Training, Resource Mobilisator and Capacity
Building (CODNERC), Aizawl
·
Agency for Porcine Foundation and Development
of Nagaland (APFADON), Kohima
·
Nagaland Bee and Honey Mission (NBHM), Kohima
·
Nagaland Empowerment of People through
Economic Development (NEPED), Kohima
·
Winrock International India (WII), New Delhi
·
Entrepreneurs Associate, Kohima
Reviving the Green
Revolution
·
Reviving the Green Revolution (RGR) Cell,
Ludhiana
·
Directorate of Extension Education, Punjab
Agricultural University (PAU), Ludhiana
·
Department of Entomology, Punjab Agricultural
University (PAU), Ludhiana
·
Department of Millets, Centre for Plant
Breeding and Genetics, Tamil Nadu Agricultural University (TNAU), Coimbatore
Sakh Se Vikas
(Rajasthan Microfinance Initiative)
·
Centre for microFinance (CmF), Jaipur
·
Kalanjiam Development Financial Services
(KDFS), Madurai
Development and
Microfinance
·
Kalanjiam Foundation, Madurai
Others
·
District Collectorate, Gadchiroli,
Maharashtra
·
Deshpande Foundation, Hubli, Karnataka
·
Centre for Indian Bamboo Resource and
Technology (CIBART), New Delhi
·
International Water Management Institute
(IWMI), Anand
·
His Highness Maharaja Hanwant Singhji
Charitable Trust (MHSCT), Jodhpur
·
INK Fellows Programme, Ixoraa Knowledge
Foundation, Bengaluru
·
Praja Prerana Foundation, Visakhapatnam
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
1] INFORMATION ON
DESIGNATED PARTY
No 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 67.38 |
|
|
1 |
INR 91.39 |
|
Euro |
1 |
INR 79.89 |
INFORMATION DETAILS
|
Information
Gathered by : |
SAV |
|
|
|
|
Analysis Done by
: |
NYT |
|
|
|
|
Report Prepared
by : |
KVT |
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.