1. The company has very short span of operating history as company.
2. The company generate its major portion of revenue from its operations in certain geographical regions and any adverse developments affecting its operations in these regions could have an adverse impact on its revenue and results of operations.
3. The agriculture sector is seasonal in nature. The company experience the effects of seasonality, which may result in its operating results fluctuating significantly and also, reduce its sales.
4. The company does not have long-term agreements with suppliers for its raw materials and an increase in the cost of, or a shortfall in the availability or quality of such raw materials could have an adverse effect on its business, financial condition and results of operations.
5. If there are delays in setting up the Proposed Facilities or if the costs of setting up and the possible time or cost overruns related to the Proposed Facilities or the purchase of plant and machinery for the Proposed Facilities are higher than expected, it could have a material adverse effect on its financial condition, results of operations and growth prospects.
6. Its business is dependent on the company manufacturing unit, and the loss or shutdown of operations of its manufacturing unit may have a material adverse effect on its business, results of operations, cash flows and financial condition.
7. The company requires certain approvals, licenses, registrations and permits to operate its business, and failure to obtain or renew them in a timely manner or maintain the statutory and regulatory permits and approvals required to operate its business may adversely affect its operations and financial conditions.
8. The company does not own the registered office, manufacturing unit and warehouse from which the company carry out its business activities. In case of nonrenewal of rent agreements or dispute in relation to use of the said premise, its business and results of operations can be adversely affected.
9. The company has not registered the trademarks which its using for the company's business in the name of the company.
10. A significant portion of its revenue is generated from its sales of milling & grading equipments and material handling equipments. The loss of customers who purchase these equipments, or a significant reduction in the production and sales of, or demand for said equipments may adversely affect its business, financial condition, results of operations and prospects.