Varyaa Creations Ltd

1. There are certain outstanding legal proceeding involving its Promoter and Promoter Entities which may adversely affect its business, financial condition and results of operations.

2. Its inability to manage growth could disrupt the company's business and reduce its profitability.

3. The non-availability or high cost of quality gold bullion, silver, diamonds and other precious and semi-precious stones may have an adverse effect on its business, results of operations and financial condition.

4. The company may be unable to maintain or establish arrangements with job workers and suppliers through whom its manufacture the company products and procure raw materials, and may experience other disruptions or quality control risks in the operations of such parties.

5. Its failure to accurately forecast and manage inventory could result in an unexpected shortfall and/or surplus of products, which could harm its business.

6. The company may fail to attract and retain qualified designers and craftsmen as competition for skilled personnel is intense.

7. The company is dependent upon few suppliers for the material requirements of its business. Further, the company does not have definitive agreements or fixed terms of trade with most of its suppliers. Failure to successfully leverage the company relationships with existing suppliers or to identify new suppliers could adversely affect its business operations.

8. The company have a history of net losses and its anticipate that may continue in the future.

9. If the company is unable to attract new clients or retain its existing clients or default in payments, the growth of its business and cash flows will be adversely affected.

10. Orders placed by customers may be delayed, modified, cancelled or not fully paid for, which may have an adverse effect on its business, financial condition and thereby on the company results of operations.