1. If the company is not able to obtain, renew or maintain the statutory and regulatory permits and approvals required to operate its business, it may have a material adverse effect on the company's business.
2. Few of its Operational Facilities which the company operates are built and developed on long-term leased land and its registered office is located on long-term leased premises.
3. Our Company was incorporated in the year 2002 and some of our corporate records including forms
filed with the Registrar of Companies are not traceable. The company cannot assure you that these forms filings will be available in the future or that its will not be subject to any penalties imposed by the relevant regulatory authority in this respect which may impact its financial condition and reputation.
4. There have been instances of delays or non-filling of certain forms which were required to be filed as per the reporting requirements under the Companies Act, 2013 to the Registrar of Companies. There have been instances of delays or non-filling of certain forms which were required to be filed as per the reporting requirements under the Companies Act, 2013 to the Registrar of Companies.
5. The Company has experienced multiple instances of delays in filing returns required under the CGST
Act, 2017, and the Employees' Provident Fund and Miscellaneous Provisions Act, 1952.
6. The company has in the last 12 months issued Equity Shares at a price that may be at lower than the Issue Price.
7. The Company has entered into multiple agreements with different Companies in relation to Lease and
Sale of Properties and Areas of Land, Outsourcing and Onboarding with the Vendors and Service
Partners.
8. The Company had negative cash flow from investing and financing activities as of June 30, 2024 & in recent fiscal, details of which are given below. Sustained negative cash flow could adversely impact its business, financial condition, and results of operations.
9. The Promoters, Directors and Key Managerial Personnel of the Company does not have any pending legal cases against them before any Court/ Tribunal.
10. The company has not executed any agreement with any of its Designated Agents.