Source: SEBI
From the prospectus, ordered by severity. Wording is close to the filing — not softened.
Regulatory Compliance
Any future changes in national, international, or local regulations could significantly impact our ability to operate as planned.
Operational · high
Client Acquisition
Our inability or failure to manage and attract more clients in this segment could adversely affect our business.
Market · high
Litigation Risks
We cannot assure you that any of the outstanding litigation matters will be settled in our favour.
Legal · high
Cash Flow Issues
The company has experienced negative cash flows from operating activities in previous financial years.
Financial · high
Software Copyright
The company has not registered the copyright for its software, ERIS, exposing it to potential legal disputes.
Legal · high
Cyclical Demand
The demand for recyclable paper is cyclical and influenced by market trends and economic conditions.
Market · medium
Supplier Dependence
The company relies on a limited number of foreign suppliers, which poses risks to operations.
Operational · medium