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Source: SEBI
From the prospectus, ordered by severity. Wording is close to the filing — not softened.
Dependence on Trade Receivables
Delays in receipt of payments or failure to recover outstanding amounts could adversely affect liquidity.
Financial · high
Contingent Liabilities
If any of these contingent liabilities materialise, we may be required to make substantial payments.
Financial · medium
Dependence on Government Contracts
The company is dependent on government contracts for project awards.
Operational · medium
What the business leans on, as the filing describes it.