1. Its Promoter/Director, its Subsidiaries and its Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
2. The company derive a significant portion of its revenue from meat business and any reduction in demand or in the production of such products could have an adverse effect on its business, results of operations and financial condition.
3. The company require certain approvals and licenses in the ordinary course of business and are required to comply with certain rules and regulations to operate its business, and the failure to obtain, retain and renew such approvals and licenses in timely manner or comply with such rules and regulations or at all may adversely affect its operations.
4. The company operate in a highly regulated and environmental and religiously sensitive business. Certain of its processing units generate pollutants and waste, some of which may be hazardous and harmful to the environment. Hence, its have in the past experienced plant shutdowns and disruptions with respect to its processing plants. Further, any failure to comply with statutory requirements may lead to penalties, fines and/or imprisonment. Its inability to manage statutory requirement and keep its processing units operational could affect its business including future results of operations, reputation and financial condition. For instance.
5. Any failure to protect or enforce its rights to own or use trademarks and brand names and identities could have an adverse effect on its business and competitive position.
6. Its ability to maintain quality standards is subject to performance of its contractual arrangements with owners of its processing units.
7. The company do not have material experience in some of the new business ventures which have been recently started by the company and are proposed to be started shortly and its lack of business experience in these new ventures could reduce its investment returns and cause financial loss., which could in turn have a material adverse effect on its business, financial condition, results of operations and cash flows.
8. Its proposed expansion plans w.r.t its new processing facilities being set up are subject to the risk of unanticipated delays in implementation and cost overruns.
9. One of its Promoters has political background. Any adverse incidence in his political life may affect the business growth of the Company and/or the price of its scrip.
10. The current and continuing impact of the COVID-19 pandemic on its business and operations, including its impact on the ability or desire of consumers to purchase its products, may have an adverse effect on its business prospects and future financial performance.