Vishnusurya

Maintain focus on infrastructure projects.

Expansion of its geographical footprint.

The Company intends to enter into joint venture arrangements with other infrastructure companies to bid and execute large value projects.

Leverage core competencies with enhanced in-house integration.

Diversification of business activities.

Strategic location of Mines and crusher Plant.

The company does not own certain premises, including the registered office, used by the Company. Disruption of its rights as licensee/ lessee or termination of the agreements with the company licensors/ lessors would adversely impact its operations and, consequently, the company business.

There are certain outstanding litigations against the Company and by the Company, which if determined against it, could adversely impact its financial conditions.

There are outstanding litigations against the Group Company and by the Group Company which if determined against it, could adversely impact its financial conditions.

The Company has reported certain negative cash flows from its operating, investing, and financing activities. Any operating losses or negative cashflows in the future could adversely affect the company results of operations and financial condition.

There have been instances of delays in payment of statutory dues, i.e. EPFO and ESIC, the Company.

There have been certain instances of regulatory non-compliances or delays or errors in the past. The company may be subject to regulatory actions and penalties for any such non-compliance or delays or errors and its business, financial condition and reputation may be adversely affected.

The company is subject to various laws and regulations, including environmental and health and safety laws and regulations. If its fail to obtain, maintain or renew the licenses, permits and approvals required to operate the company business, or fail to comply with applicable laws, its business, results of operations and financial condition may be adversely affected.

Most of the company businesses are operated in and from the state of Tamil Nadu. Due to this geographic concentration of its business operations, the company results of operations and growth might be restricted to the economic and demographic conditions of Tamil Nadu.

The auditors` report on the company financial statements contains certain qualifications and matters of emphasis included in the annexure to the auditors` reports issued under Companies.

The Company has loans which are repayable on demand.

The company has entered into certain transactions with related parties. These transactions or any future transactions with its related parties could potentially involve conflicts of interest.

The Company has several contingent liabilities and commitments, which if materialised, could affect its financial position.

Projects included in the company order book and its future projects may be delayed, modified or cancelled for reasons beyond of the control which may materially and adversely affect the company business, prospects, reputation, profitability, financial condition and results of operation.

The company requires certain approvals and licenses in the ordinary course of business, some of the approvals require to be updated with the new registered office of the Company. Any failure to successfully obtain/renew/update such registrations may adversely affect its operations, results of operations and financial condition.

The company presently do not own the trademark or logo under which its currently operate and if third parties infringe the trademark, logo and intellectual property that the company use, its business and reputation would be adversely affected.

The company may not be able to generate or obtain the capital its need for further expansion.

The company agreements with various banks for financial arrangements contain restrictive covenants for certain activities and if the company is unable to get their approval, it might restrict its scope of activities and impede the company growth plans.

The requirements of being a listed company may strain its resources and impose additional requirements.

The company may be unable to enforce its rights under some of the company agreements on account of inadequate stamping and not registering the agreements or other reasons.

The company may not be able to successfully manage the growth of its operations and execute the company growth strategies which may have an adverse effect on its business, financial condition, results of operations and future prospects.

The company ability to pay dividends in the future will depend upon future earnings, financial condition, cash flows, working capital requirements and capital expenditures.

The deployment of funds is entirely at the company discretion and as per the details mentioned in the chapter titled "Objects of the Issue".

Any future issuance of Equity Shares may dilute your shareholdings, and sale of the Equity Shares by the company Promoter may adversely affect the trading price of the Equity Shares.

The company is required to furnish bank guarantees as part of its business. The company inability to arrange such guarantees or the invocation of such guarantees may adversely affect its cash flows and financial condition.

The company operates in a competitive industry and its failure to successfully compete may adversely affect the company business, financial condition and results of operations, and prospects.

The Company depends on the knowledge and experience of the Promoter and other Key Managerial Personnel for its growth. The loss of their services may have a material adverse effect on the company business, financial condition and results of operations.

The average cost of acquisition of Equity Shares held by the company Promoter could be lower than the Issue Price.

The company`s business is capital intensive. If its experience insufficient cash flows to meet required payments on the company debt and working capital requirements, there may be an adverse effect on the results of its operations.

Any inability to maintain its equipment assets or manage the company employees or inadequate workloads may cause underutilization of its workforce and equipment bank, and such underutilization could reduce the company ability to sweat its assets which may have an impact on the company profitability.

Increase in the prices of construction materials, fuel, labour and equipment could have an adverse effect on the company business, results of operations and financial condition.

Obsolescence, destruction, theft, breakdowns of the company major plants or equipment or failures to repair or maintain the same may adversely affect its business, cash flows, financial condition and results of operations.

The company Promoter and members of the Promoter Group have significant control over the Company and have the ability to direct its business and affairs; their interests may conflict with your interests as a shareholder.

In addition to the company existing indebtedness for its existing operations, the company may incur further indebtedness during the course of business. The company cannot assure that its would be able to service the company existing and/ or additional indebtedness.

Compliance with, and changes in, environmental, health and safety laws and regulations or stringent enforcement of existing environmental, health and safety laws and regulations may result in increased liabilities and increased capital expenditures may adversely affect the company cash flows, business results of operations and financial condition.

The company Promoters, Directors and Promoter Group members/entities have provided personal guarantees for loan facilities obtained by the Company Revocation of any or all of these personal guarantees or withdrawal of such property may adversely affect its business operations and financial condition.

Some of the company Group Companies have incurred losses and has a negative net worth in past financial years.

The company relies on its information technology systems for the company operations and its reliability and functionality is critical to the success of the company business. In the event of any failures in its information technology systems, it may have a material adverse impact on the company operations and financial condition.