1. The Company, its Promoters,and its Directors are involved in litigation proceedings that may have a material adverse outcome.
2. The Company requires certain statutory and regulatory approvals for conducting its business
and the company failure to obtain, retain or renew them in a timely manner, or at all, may adversely affect
its operations.
3. The company may be unable to sufficiently obtain, maintain, protect, or enforce its intellectual property and other proprietary rights.
4. The company's top 10 customers contribute approximately 14.09%, 5.57%, 8.01% and 10.43% of its revenues for six months period ended September 30, 2022, financial year ended March 31, 2022,
Financial year ended March 31, 2021 and Financial year ended March 31, 2020 respectively. Any
loss of business from one or more of them may adversely affect its revenues and profitability.
5. The Company has not been able to file certain filings with the Registrar of Companies.
6. The company may face competition from a number of international and domestic third-party logistics
companies, which may adversely affect its market position and business.
7. The company profitability and results of operations may be adversely affected in the event of increases in the carrier cost, labour or other costs.
8. The company deal in clearance and transportation of hazardous goods, in case of any accident involving hazardous goods; its may be liable for damages and subsequent litigations.
9. The Company does not have any long-term contracts with any of shipping lines, transporters,
custom clearance agents etc. which may adversely affect its results of operations.
10. The Company may not be able to deliver the cargo on timely basis due to which its could become
liable to claims by the customers, suffer adverse publicity and incur substantial cost as result of
deficiency in the company service which could adversely affect its results of operations.