Solvex Edibles Ltd IPO

There are outstanding litigation proceedings involving the Company, its Subsidiary Companies, the company Promoters and/ or its Directors, an adverse outcome in which, may have an adverse impact on the company reputation, business, financial condition, results of operations and cash flows.

The company revenues have been significantly dependent on few customers and its inability to maintain such business may have an adverse effect on the company results of operations.

The company derive significant portion of its revenues from Rice Bran Oil and any reduction in demand or in the production of such products could have an adverse effect on its business, results of operations and financial condition.

The company business operations are majorly concentrated in certain geographical regions and any adverse developments affecting its operations in these regions could have a significant impact on the company revenue and results of operations.

The company derive significant portion of its revenues from the sale of De-Oiled Rice Bran (DORB) and any reduction in demand from its consumers could have an adverse effect on the company business, results of operations and financial condition.

The company business is dependent on its Manufacturing Facilities. Any shutdown of operations of the company Manufacturing Facilities may have an adverse effect on its business and results of operations.

The company have experienced negative cash flows and any negative cash flows in the future could adversely affect its financial conditions and results of operations.

In the event of any accident at the company Manufacturing Facilities, its Company may be held liable for damages and penalties which may impact the financials of the Company.

The Company has availed certain unsecured loans which may be recalled at any time.

There are certain discrepancies/errors noticed in some of the company corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013 during the last five years. Any penalty or action taken by any regulatory authorizes in future for non-compliance with provisions of corporate and other law could impact the financial position of the Company to that extent.