A few of its properties including Registered Office of the Company, are not owned by it. In the event, the company is unable to renew the lease/ rent agreements, or if such agreements are terminated, its may suffer a disruption in the company operations.

Rajasthan State Pollution Control Board has directed the company to deposit the amount to the tune of Rs.1,92,02,400 towards environment compensation.

Its Board of Directors and Management may change the company operating policies and strategies without prior notice or shareholders' approval.

Some of the raw materials that the company use as well as its finished products are hazardous, corrosive and flammable and require expert handling and storage, as applicable. Any accidents may result in loss of life or property and disrupt its operations which may have an adverse effect on the company results of operation, cash flows and financial condition.

Its funding requirements and deployment of the issue proceeds are based on management estimates and have not been independently appraised by any bank or financial institution and actual cost may vary compared with the estimated amount.

Substantial portion of its revenues has been dependent upon the company few clients. The loss of any one or more of its major clients would have a material adverse effect on the company's business operations and profitability.

The Company, Promoters, Directors and group Companies are involved in certain litigations including tax related litigations, which if determined against them/it, can affect financial conditions of the company.

The company requires a number of approvals, licenses, registration and permits for its business and failure to obtain or renew them in a timely manner may adversely affect its operations. In some cases, the company may be operating without all the required permissions, risking civil and criminal sanctions.

Its results of operations could be adversely affected by strikes, work stoppages or increased wage demands by its employees / workers or any other kind of disputes with the company employees / workers.

The Company has obtained insurance coverage which may not adequately cover all potential losses to which its may be subject to, and this may have a material adverse effect on its business, result of operations and financial conditions.