Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Rapid technological changes and evolving industry standards.
• Intense competition in the technology services market.
• Conflicting legal and regulatory requirements across geographies.
• Limited financial history.
• Concentration of revenue from a limited number of customers.
• Concentration of revenue from a limited number of markets.
• Dependence on obtaining, renewing, and maintaining statutory and regulatory licenses, permits, and approvals.
• Potential delays in placing orders for capital expenditure.
• Risks associated with currency exchange rate fluctuations.
• Dependence on leased property.
• Outstanding legal proceedings involving a group company.
• Potential failure to adapt to technological developments or industry trends.
• Substantial amount of outstanding indebtedness.
• Inability to manage growth effectively.
• Inaccuracies in regulatory filings and non-compliances.
• Dependence on prevailing economic, political, and other conditions in India.
• Lack of independent monitoring of the deployment of issue proceeds.
• Potential failure to comply with financial and other restrictive covenants.
• Related party transactions.
• Potential software errors and defects.
• Dependence on key personnel.
• Potential changes in tax policies.
• High employee attrition rate.
• Concentration of revenue from a particular service segment.
• First-generation entrepreneurs as promoters.
• Unregistered logo and domain name issues.
• Past negative cash flows.
• Charges on immovable properties as security for loans.
• Potential failure of marketing and advertising campaigns.
• Potential recall of unsecured loans from directors.
• Risks associated with misconduct or errors by manpower.
• Personal guarantees provided by a group company for company loans.
• Potential disruptions due to power supply interruptions.
• Potential increases in manpower costs.
• Lack of insurance coverage.
• Significant ongoing funding requirements.
• Potential adverse effects from economic downturns.
• Potential failure or weakness in internal control systems.
• Potential conflicts of interest with promoters and directors.
• Difficulty in predicting future operating results.
• Lack of independent verification of certain data.
• Risks related to employee unionization.
• Potential penalties or demands from statutory authorities.
• Lack of identified alternative sources for capital expenditure and working capital.
• Management flexibility in utilizing net proceeds.
• Portion of issue proceeds allocated for unspecified general corporate purposes.
• Potential for average cost of acquisition of equity shares by promoters to be lower than the issue price.
• Lack of dividend payments in the past.
• Issuance of equity shares at a price lower than the issue price in the past.
• Continued control by promoters after the issue.
• Potential price and volume fluctuations of equity shares after the issue.
• Limited shareholder rights under Indian laws compared to other jurisdictions.
• Potential for market price of equity shares to decline below the issue price.
• Potential impediments to a third-party acquisition of control.
• Increased resource strain and management distraction from listing requirements.
• Potential need for further equity issuance or debt financing.
• Potential adverse effects from natural or man-made disasters.
• Potential adverse effects from the Competition Act.
• Potential adverse effects from changes in the Indian tax regime.
• Restrictions on exercising pre-emptive rights.
• Potential adverse effects from changes in government policies.
• Differences between Indian GAAP and other accounting principles.
• Dependence on prevailing economic, political, and other conditions in India.
• Potential adverse effects from financial instability in other countries.

Mitigation Strategies

• Continuous business process review and technology upgrades.
• Improving operational efficiencies and cost reductions.
• Expanding the current business relationships.
• Strengthening the sales team.
• Investing in digital marketing.
• Seeking tech partnerships.
• Building a professional organization.
• Brand building.
• Adopting new services and technologies.
• Forming strategic alliances.
• Attracting top talent.
• Repaying or prepaying certain borrowings.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed