Source: SEBI
From the prospectus, ordered by severity. Wording is close to the filing — not softened.
Dependence on Meritto
The company is highly dependent on its Meritto product, which accounted for 93.27% of revenue from operations for the three months ended June 30, 2026. A decline in demand for Meritto could materially affect the company's business and financial condition.
Business · high
Technological Risks
If the company fails to innovate or adapt to technological developments or evolving industry standards, its business, financial condition, results of operations and cash flows could be materially and adversely affected.
Technology · medium
Intellectual Property Risks
Any failure to protect its intellectual property could adversely affect its business, especially given the company's 95 trademark applications and 58 registered trademarks.
Legal · medium
Regulatory Compliance Risks
Changes in laws, rules, and regulations could have a material adverse effect on the business, and the company may incur increased costs relating to compliance with new requirements.
Regulatory · medium
Employee Retention Risks
The company faces challenges in hiring sufficient personnel and retaining qualified employees, which could adversely affect its operations.
Human Resources · medium
What the business leans on, as the filing describes it.