Export-grade processing facilities compliant with global standards.
We have long-standing relationships with customers both in India and abroad.
Farmer and trader network ensuring secure procurement.
Diversification across shrimp and chilli businesses with different product cycles.
The company intend to utilize a portion of the Net proceeds for setting up the Proposed Seafood Processing
Facility at Chinnayagudem, Andhra Pradesh. The company is yet to place orders for the machinery for the
expansion of the proposed seafood processing facility. Any delay in placing orders or procurement of
such machinery may delay the schedule of implementation and possibly increase the cost of
commencing operations.
The company does not have a formal hedging policy and accordingly, faces foreign exchange risks that could
adversely affect its results of operations and cash flows.
The company is subject to strict quality requirements, and regulatory and customer inspections. Any failures to
comply with quality standards may lead to cancellation of existing and future orders and could have
a material adverse effect on the company's business, financial condition, results of operations and prospects.
The company has had negative cash flows in the past and may have negative cash flows in the future.
The Company, Director(s), Promoter(s) and Key Managerial Personnel and Senior Management are
parties to certain legal proceedings. Any adverse decision in such proceedings may have a material
adverse effect on the company's business, results of operations and financial condition.
The company has certain contingent liabilities, which if they materialise, may adversely affect its financial
condition, cash flows and results of operations.
The company's contingent liability relating to an income tax demand is material in relation to the company's net worth and,
if it crystallizes, may adversely affect its financial position
A substantial portion of the company's current assets comprises trade receivables, and any delay in collection or
failures to recover such receivables may adversely affect its cash flows, working capital and
profitability.
The company's business operations require significant working capital. If the company experiences insufficient cash flows
to meet required payments on the company's working capital requirements, there may be an adverse effect on the
results of its operations.
The company's business is working capital intensive and dependent on external borrowings, which expose the company to
liquidity and interest rate risks.
