1. Its under-construction projects may be subject to cost overruns or delays.
2. Its failure to comply with stringent environment regulations could adversely affect its business and operations.
3. Its Subsidiary, Pristine Malwa has submitted a resolution plan for the acquisition of Sical Logistics Limited ("Sical"), currently undergoing corporate insolvency resolution process pursuant to the Insolvency and Bankruptcy Code, 2016 (as amended) ("IBC 2016"). We may not be successful in the proposed acquisition.
4. Its acquisition of Sical, if approved, may likely have a material impact on its business, reputation and operations. Its cannot be certain of successfully meeting the financial demands that may arise as a result of this acquisition.
5. The company is exposed to risks related to the price and availability of fuel and electricity, which could adversely affect its business, margins, and operations.
6. The company operate bonded warehouses pursuant to licenses granted to it by the relevant customs authorities and any failure on its part to comply with the terms of these licenses could result in their cancellation, which could adversely affect its business, results of operations and financial condition.
7. Its may incur indebtedness for the acquisition of, and subsequently revival of the operations of, Sical. This may adversely affect its cash flow and business operations.
8. The company undertake its Container Train Operator (CTO) business on the basis of an agreement with the Indian Railways and certain terms of this agreement are onerous in nature. The termination of this agreement could adversely affect business, cash flows and results of operations.
9. The lack of an efficient transportation network and reliable transportation infrastructure may have an adverse effect on its business, results of operations and financial condition.
10. Its may not be able to draw expected benefits from the acquisition of Sical due to various reasons.