1. If The company fail to identify and effectively respond to changing consumer preferences and spending patterns or changing trends in a timely manner, the demand for the company products could decrease, causing its business, results of operations, financial condition and cash flows to be adversely affected.
2. The company depends entirely on third-party manufacturers for all its products If these organizations are unable or unwilling to manufacture the products, or if these organizations fail to maintain requisite licenses and approvals or otherwise fail to meet the company requirements, its business will be subjects it to risks, which, if realized, could adversely affect the company business, results of operations, cash flows and financial condition.
3. The company derive a substantial portion of its revenue from the sale of products in the home care and personal care segment. Any loss of business in this segment may adversely affect the company business, results of operations, financial conditions and cash flows.
4. The company brands and reputation are critical to the success of its business and may be adversely affected due to various reasons, which could have an adverse effect on the company business, financial condition, cash flows and results of operations.
5. The launch of new brands or products that prove to be unsuccessful could affect the company growth plans which could adversely affect its business, financial condition, cash flows and results of operations.
6. The company engage in foreign currency transactions, which expose it to adverse fluctuations in foreign exchange rates. Fluctuations in the exchange rate between the Rupee and other currencies may adversely affect its operating results.
7. The Company has(i) in the past not complied and/or delayed in complying with reporting requirements
under the provisions of the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 and
Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) Regulations,
2019 and its may be subject to regulatory action by RBI; (ii) filed after due date the annual return on Foreign Liabilities and Assets under FEMA; (iii) filed form MGT-14 pursuant to section 117(3)(g) read along with section 179(3)(g)) of the Companies Act, 2013 after due date (iii) filed condonation for delay for certain e-Forms as prescribed under the provisions of the Companies Act, 2013 after due date.
8. The company operate in a highly competitive industry. Its also face competition from both domestic as well as multinational corporations. The company failure to compete effectively could have a negative impact on the success of the business and/or impact its margins.
9. The company business is dependent on the international buyers of its products and loss of one or more such international buyers or a reduction in demand for the products could adversely affect the company business, results of operations, financial condition and cash flows.
10. If the company fail to retain existing consumers, its may not be able to sustain the company revenue base and margins, which would have a material adverse effect on its business and results of operations.