Mock takeover proposal of ICRA

1. MARIA ALEX M
14MBA1028

2. This analysis is part of my Macroeconomics assignment atVIT B-school under
the guidance of Prof. James Daniel Paul.The information collected for the
assessment has been sourced from the Annual Report published on the firm’s
website and certain values have been subject to modification. I am not liable for
any issues that may arise out of using the results of the analysis.

3.  Investment Information and Credit Rating
Agency of India
 Majority shares held by Moody’s
 1991

4.  Production costs have been modified to
reduce IRR
 Raw material and labor charges have been
modified.

5.  Projection of balance sheet
 Projection of Profit and Loss statement
 Cash flow and funds flow statement
 Evaluation of company’s financial statement
and mock takeover proposal