Incurred significant indebtedness and its lenders have imposed certain restrictive conditions on it under the financing arrangements.
Intellectual property rights may not be adequately protected against third-party infringement.
Foreign exchange rate fluctuations.
Non-availability of credit ratings or a poor rating may restrict its access to capital.
Outstanding litigations involving the company.
Materialization of contingent liabilities.
Impact of covid-19.
Unplanned slowdowns or shutdowns in its manufacturing operations or under-utilization of its manufacturing capacities.
Geographic concentration of its manufacturing facilities in Tamil Nadu and Puducherry.
Dependency on the sale of the specialty paste PVC resin for a significant portion of its revenues.
Dependency on end-user industries for demand for its products.
Inability to obtain or maintain regulatory approvals for our manufacturing facilities and product.
Non-compliance with increasingly stringent safety, health, environmental and labor laws, and other applicable regulations.
Inability to accurately forecast demand for its products and manage its inventory.
Dependence on a limited number of suppliers for raw materials.
Shortage or non-availability of electricity, fuel or water, or an increase in fuel prices.
Dependency on the availability of timely and cost-efficient transportation and other logistic facilities.