If the company cannot attract and retain highly-skilled IT professionals, its ability to obtain, manage and staff new projects and to continue to expand existing projects may result in loss of revenue and an inability to expand its business.

its business subjects it to risks in multiple countries where subsidiary companies and its customers are situated.

Its Industry is highly employee intensive industry. Thus, Employees Benefit expenses constitutes a major portion of its expenses. Such significant increase in this cost could lead to lower profitability.

its present promoters of the Company are first generation entrepreneur.

Its business is dependent on a few customers and the loss of, or a significant reduction in award of contracts by such customers could adversely affect our business.

The Company does not own the Registered Office, Administrative office and Branch office from which it carries out its business activities.

Significant security breaches in its software, data and network infrastructure and fraud could adversely impact its business.

The Company may be liable as per Service Level Agreement (SLA) with its clients for defaults caused while providing services to its clients which may attract penalties, harm its reputation and cause it to lose clients.

The Company is subject to certain obligations towards its clients, and a failure to comply with the technical specifications may lead to loss of business from such clients and could negatively impact its reputation, business prospects, results of operations, financial condition, and cash flows.

The Company has experienced negative operating cash flows in the past. Any operating losses or negative cash flows in the future could adversely affect its results of operations and financial conditions.