Its Registered Office and Corporate Office from where the company operates are not owned by it.

In order to avail benefit of Input Tax Credit on Place of Supply the company has locational presence by way of co-working space in various states and union territories where the company does not have any operational presence.

The outbreak of pandemic or any other disease leading to the implementation of restrictions such as lockdowns, quarantines, travel bans or limit on public gatherings, which is unpredictable and highly uncertain, could negatively impact its business operations.

The company has certain outstanding litigation against the Company, an adverse outcome of which may adversely affect its business, reputation and results of operations.

The company is exposed to casualty that may occur during Events.

Any offensive Comments by the Artist during the live shows or concert may put company in legal controversy which in turn affect its business & financial growth.

The Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect its revenues and profitability.

The Company requires significant amounts of working capital for continued growth. Its inability to meet the company working capital requirements may have an adverse effect on the results of operations.

The company has total indebtedness of Rs. 1233.08 lakhs. If the company is unable to service its debt obligations in a timely manner or to comply with various financial and other covenants and other terms and conditions of its financing agreements, it may adversely affect the company's business, credit rating, reputation, prospects, results of operations, cash flows and financial condition.

The company has experienced losses in the past and may also experience in future.