Tanvi Exports India Limited

• Repayment or pre-payment, in full or in part, of certain outstanding borrowings availed by our Company
• Funding working capital requirements of our Company
• General Corporate Purposes

Except as disclosed in this section, as on the date of this Draft Red Herring Prospectus, there are no outstanding (i) criminal proceedings; (ii) actions taken by regulatory or statutory authorities; (iii) claims related to direct and indirect tax matters; and (iv) other pending litigation involving the Company, Subsidiary, Promoters and Directors. There are no disciplinary actions including penalties imposed by SEBI or Stock Exchanges against Promoters in the last five Fiscals. There are no outstanding criminal proceedings or actions by regulatory authorities involving Key Managerial Personnel and Senior Management.

• A significant portion of our revenue from operations is derived from our top 10 customers, who contributed 51.01%, 60.55% and 99.65% of revenue in Fiscals 2026, 2025 and 2024 respectively. Any loss of one or more of our top customers, or the deterioration of their financial condition or prospects, could adversely affect our business, results of operations, financial condition and cash flows.(Customer Concentration)

• A significant portion of our revenue from operations is derived from our top five states, namely Maharashtra, Chhattisgarh, Uttar Pradesh, Gujarat and West Bengal, which accounted for 61.17%, 55.49% and 93.63% of revenue in Fiscals 2026, 2025 and 2024 respectively. Any adverse economic, cultural or geographical developments in these states could adversely affect our business, results of operations, financial condition and prospects.(Geographic Concentration)

• We depend on a limited number of suppliers for our raw materials, with our top 10 suppliers accounting for 86.80%, 98.54% and 98.69% of total raw material purchases in Fiscals 2026, 2025 and 2024 respectively. Any delay or disruption in supply from these suppliers, or our failure to maintain good relationships and continued arrangements with them, could adversely affect our results of operations and financial condition.(Supplier Concentration)

• Our revenue from operations has significantly increased from ₹ 1,374.60 million in Fiscal 2024 to ₹ 10,084.05 million in Fiscal 2025 and to ₹ 11,399.36 million in Fiscal 2026 with a CAGR of 188.00%. If we are unable to manage the growth rate of our business operations, our results of operations may be adversely affected and this rate of growth may not be achievable in the future.(Growth and Scalability)

• We procure our raw material through purchase orders and do not enter into any long-term agreements with our suppliers. Consequently, our suppliers may not perform their obligations in a timely manner, or at all, resulting in delays, which may adversely affect our future commitments.(Supply Chain Management)

• We do not enter into long-term contracts with our customers and have no exclusivity arrangement with any of them. In the absence of long-term contracts, there can be no assurance that our existing customers will continue to purchase our products.(Customer Relationships)

• Our ability to remain competitive, control costs, and sustain profitability is dependent, in part, on maintaining a stable and adequate supply of raw materials at acceptable prices. However, there can be no assurance regarding the continued availability of such materials from our existing suppliers.(Supply Chain Management)

• Any adverse changes in the economic conditions, consumer preferences, regulatory environment or local market dynamics in our top five states could adversely impact our business. The occurrence of events such as natural calamities, political or social disturbances, infrastructure disruptions, changes in local regulations or other unforeseen circumstances may affect our supply chain, business operations and customer demand in these regions.(Geographic Concentration)