1. The Company, its Promoters, its Directors 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, result of operations and financial conditions.
2. Its success mainly depends on sectors specific to PET bottle industry in which the company cater to and therefore as a result its may be affected by any disruptions in the industry. Any failure on its part to do so, may have an impact on the reputation of its products, which could have an adverse effect on the company revenue, reputation, financial conditions, results of operations and cash flows.
3. Concerns over Plastic Ban and Environment for packaged water bottles.
4. Its third-party suppliers, on whom its relies for the raw material, may fail to deliver raw material of sufficient quality or in a timely manner, which could adversely affect its reputation, net sales and profitability.
5. Changes in technology may render its current technologies obsolete or require the company to make substantial capital investments.
6. The industry in which its operate, requires labour/ manpower and the company operations may be materially adversely affected by strikes, work stoppages or increased wage demands by its employees or any other kind of disputes with the company employees.
7. The company does not have any documents evidencing certain information included in the Director biographies for some of its Directors under the section "Its Management" of this Draft Red Herring Prospectus.
8. The company face competition in its business from organized and unorganized players, which may adversely affect its business operation and financial condition.
9. The company is dependent on third party transportation providers for the delivery of its raw material and Finished products. Accordingly, continuing increases in transportation costs or unavailability of transportation services for them, as well the extent and reliability of Indian infrastructure may have an adverse effect on its business, financial condition, results of operations and prospects.
10. There have been some instances of delays in the past with certain statutory authorities and non-compliances with certain provision of statutory regulations applicable to it. If the authorities impose monetary penalties on its or take certain punitive actions against the Company in relation to the same, its business, financial condition and results of operations could be adversely affected.