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 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 local and regional risks.(Manufacturing & Operations)

• A substantial portion of revenue (78.99%, 81.40% and 81.75% of total revenue from operations in Fiscals 2026, 2025 and 2024 respectively) is derived from the sale of products in the solar industry, making the business susceptible to adverse trends in the solar energy industry.(Market Concentration)

• The majority of product offerings have a single dedicated manufacturing facility, and any shutdown, interruption or disruption in the operations of any facility could significantly and adversely affect the entire manufacturing of the product specifically produced at such facility.(Manufacturing & Operations)

• The property for one manufacturing facility, Unit OHTL Fittings, is subject to an ongoing dispute regarding title between the seller, the Company, its Promoters and certain third parties, with a court receiver appointed, and the resolution is not assured to be favorable.(Legal & Regulatory)

• Manufacturing facilities are located on premises/land held on leasehold basis, and there is no assurance that lease agreements will be renewed upon termination or that alternative premises will be obtained on similar terms.(Legal & Regulatory)

• The majority of manufacturing facilities are located in Tarapur, Maharashtra, making operations significantly susceptible to disruptions caused by local and regional factors.(Manufacturing & Operations)

• The property for one manufacturing facility is subject to an ongoing dispute regarding title, and while the facility is currently operational, the dispute may require significant capital expenditure and change business strategy.(Legal & Regulatory)

• The Company is in the process of undertaking expansion activities and intends to continue to do so in the future, which may not materialize as expected or at all, potentially having an adverse impact on business and financial condition.(Growth Strategy)

• Karamtara Engineering Limited - Prospectus24 Sept 2026
• KARAMTARA ENGINEERING LIMITED - Addendum to DRHP27 Aug 2026