Karamtara Engineering Limited

• Funding prepayment, repayment and/ or payment obligations to our lenders towards borrowings and Acceptances, in part or full₹600 Cr
• General corporate purposes

Except as disclosed in this section, there are no outstanding (i) criminal proceedings (including matters which are at FIR stage even if no cognizance has been taken by any court) involving our Company, Directors, Subsidiaries, Promoters (the “Relevant Parties”), Key Managerial Personnel and Senior Management Personnel; (ii) action taken (including all disciplinary actions, penalties and show cause notices) by regulatory and/or statutory authorities; (iii) claims related to direct and indirect taxes (disclosed in consolidated manner); or (iv) other pending litigation as determined to be material as per the materiality policy adopted by our Board in accordance with SEBI ICDR Regulations, in each case involving the Relevant Parties. There are no outstanding litigations involving our Group Companies which has or may have a material impact on our Company. Further, there are no disciplinary actions including penalty imposed by the SEBI or Stock Exchanges against our Promoters in the last five Financial Years including any outstanding action.

• The majority of our manufacturing facilities are located in Maharashtra, India, accounting for 90.84%, 98.61% and 99.18% of total revenue from operations in Fiscals 2026, 2025 and 2024, respectively, exposing operations to potential risks arising from local and regional factors.(Manufacturing Concentration)

• A significant portion of our revenue is derived from the sale of products in the solar energy industry, accounting for 78.99%, 81.40% and 81.75% of total revenue from operations in Fiscals 2026, 2025 and 2024, respectively.(Industry Concentration)

• The majority of our manufacturing facilities are located on premises/land held on leasehold basis, and there can be no assurance that these lease agreements will be renewed upon termination, or that we will be able to obtain other premises on a leasehold basis on the same or similar commercial terms or at all.(Leasehold Premises)

• The property in respect of one of our manufacturing facilities, Unit OHTL Fittings, located at G-3/1 & 2, MIDC, Tarapur, is subject to an ongoing dispute regarding title between the seller, our Company, our Promoters and certain third parties, pursuant to which a court receiver was appointed.(Litigation)

• We are significantly dependent on our manufacturing facilities, and any unscheduled, unplanned or prolonged disruption, slowdown or shutdown of our manufacturing facilities could have a material adverse effect on our business, financial condition, cash flows and results of operations.(Manufacturing Dependency)

• We may experience interruptions at our manufacturing facilities due to factors such as adverse weather conditions, natural disasters, fire, terrorism, vandalism, extended power failures, internet failures or changes in laws and regulations.(Operational Disruption)

• Most of our manufacturing facilities are located in Tarapur, Maharashtra, and our operations are significantly susceptible to disruptions caused by local and regional factors in Tarapur, Maharashtra.(Geographic Concentration)

• We intend to set up additional manufacturing facilities, and an inability to grow our business in additional geographic regions or international markets, including pursuant to any failure or delay in implementing our expansion plans, could have an adverse impact on our business and financial condition.(Expansion Plans)

• KARAMTARA ENGINEERING LIMITED - Addendum to DRHP27 Aug 2026