India's Largest For Profit Social Enterprise for Neurodevelopmental Disorders Intervention Centres, based on
the number of centres.
Focus on Accessibility.
Comprehensive, Multidisciplinary and Client-Focused Care.
Research and Development focused approach and digital adaptability.
Professional and experienced management team.
The company's centres operates on leased premises with lease tenures ranging from 11 months to 3 years, and a significant
portion of its capital expenditure comprises immovable fit-outs on such leased properties, which may not be
recoverable if a lease is not renewed or if a centre is closed or moved to some other location.
During Fiscal 2026, 15.36% of the company's Revenue from Operations was derived from its centres located in the states of
Uttar Pradesh and Karnataka and union territory of Delhi. Additionally, 17.58% of the company's Revenue from Operations
was derived from centres in Tier 2 cities. Any loss of business from these regions may adversely affect its revenues
and profitability.
In Fiscal 2026, the company derived 25.56% of the company's Revenue from Operations from the export of support services to Carving
Futures Pte. Ltd., its Holding Company, who is also the company's Corporate Promoter, and Carving Futures Inc., its
Promoter Group entity. Any adverse change in, or termination of, this agreement, or any conflict of interest arising
from such related party arrangements, could adversely affect the company's business, financial condition, results of
operations and cash flows. Further, 50.21% of its Revenue from Operations for Fiscal 2025, as reflected in the company's
Pro Forma Consolidated Financial Information, was derived from 3 (three) newly acquired centres in the United
States. Any loss of business from these centres may adversely affect its revenues and profitability.
The company's Registered Office, Corporate Office, 91 out of 136 of its centres in India and the company's newly acquired centres in
the United States are in premises not owned by it and the company has only leasehold rights. Lease amount paid for its
centres was Rs. 46.61 million as on March 31, 2026. Additionally, monies from the company's net issue under capital
expenditure object will be utilized towards leased premises rent payment, for premises having leased for tenure of
11 months - 3 years. The company's landlords may not renew leases of existing centres with it or renegotiate terms of its
leases, which could adversely affect the company's business, financial condition and results of operations.
The company operates in a highly specialized and sensitive domain, providing care to children with Neurodevelopmental
Disorders. Till date, the company has served upwards of 58,000 children since commencement of its operations in 2018.
The company's business depends on its continued ability to maintain standardised and reliable quality of services at all the company's
centres. Any disruption, limitation, or deficiency in the delivery of its services may adversely affect the company's reputation,
business operations and financial performance.
During the Fiscal 2026, the company derived 73.79% of its revenue from the company's centre operations, of which, 26.52% was
derived from the company's centre type - "Company Learning Centres in partnership with Licensed Professionals". Under
this model, the company is dependent on the arrangements with these Licensed Professionals, and its business would be
harmed, and revenue would be affected if the company's arrangements with these Licensed Professionals are terminated or
suspended.
As of March 31, 2026, the company's operated 34 Early Intervention Centres ("EICs") under the centre type - "Company
Learning Centres in partnership with Licensed Professionals" model. Its ability to provide effective early
intervention services through this model is highly dependent on the availability, cooperation, continued
relationship with as well as the best practices adopted by such Licensed Professionals. Lapses in coordination or
termination of such partnerships could impact service quality, and adversely affect the company's reputation, business, and
growth.
Any variation in the utilization of the Net Proceeds would be subject to certain compliance requirements, including
prior shareholders' approval.
The company is yet to identify the exact locations or properties for the setting up its centres in India, for which the company intends to
utilize the amount from Net Proceeds.
The company's funding requirements and the proposed deployment of Net Proceeds are not appraised by any bank, financial
institution, or any other independent agency, and the company has not entered into definitive agreements in relation to the
objects of its Issue, which may affect the company's business and results of operations. Further, any variations in the company's funding
requirements and the proposed deployment of Net Proceeds may affect its business and results of operations.
