Q&T Foods Ltd.

• To finance the Capital expenditure requirements for the purchase of Equipment/Machineries for existing manufacturing facility₹4.4 Cr
• To part finance the requirement of Working Capital₹7.5 Cr
• Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company₹6.8 Cr
• To meet General corporate purposes₹3.9 Cr

KIRAN ENTERPRISES VS. Q & T FOOD PRIVATE LIMITED (CC NI 1580/2023): A Criminal Complaint under Section 138 of the Negotiable Instruments Act, 1881 filed on October 05, 2023. The Complainant alleges that two cheques issued by the Company were returned unpaid due to insufficient funds. The matter is pending with a next hearing date of September 29, 2026.

• The Company and its Promoters are involved in pending litigation, including 5 tax proceedings, 6 disciplinary actions, and 51.11 lakhs in statutory/ material criminal actions against the Company, 36.01 lakhs against Promoters, and 4 tax proceedings against Promoters, with adverse outcomes potentially impacting reputation, business, and financial condition.(Legal and Regulatory)

• The Company has experienced delays in payment of statutory dues, including Employee Provident Fund and Employee State Insurance, with delays ranging from 16 to 915 days, and GST returns with delays ranging from 6 to 355 days, potentially attracting financial penalties and adverse impacts on financial condition and cash flows.(Operational)

• The manufacturing facility is located on leased premises with a lease expiring on December 31, 2028, and may not be renewed, potentially causing significant operational disruptions and relocation costs.(Operational)

• Revenue from operations is significantly dependent on a limited number of customers, with top 10 customers contributing 31.56%, 24.85%, and 25.01% of revenues in FY24, FY25, and FY26 respectively, posing risks of order reductions, cancellations, or loss of key customers.(Commercial)

• The Company has identified primary reasons for statutory dues delays as reconciliation and operational issues, and while corrective measures have been implemented, there is no assurance that such delays will not arise in the future, potentially leading to financial penalties and adverse impacts on operations.(Operational)

• The Company's manufacturing facility is located on leased premises, and there is a potential for future conflicts of interest between the lessor of significant immovable properties and the Company, its directors, shareholders, promoter, promoter group, or key managerial personnel, which may adversely impact operations.(Legal and Regulatory)

• The Company has not experienced any conflict of interest between the lessor of significant immovable properties and the Company, its directors, shareholders, promoter, promoter group, or key managerial personnel, but any potential future conflict of interest may adversely impact operations.(Legal and Regulatory)

• The Company has deposited Provident Fund for eligible employees (7) and Employee State Insurance for eligible employees (5), with remaining employees not covered/not interested in opting for these schemes.(Operational)

Each bar is a fixed formula applied to the figures shown above, scored 0–100. This is a reading of what the company disclosed — not a recommendation to apply or avoid, not a price target, and not a prediction of listing performance. Dimensions that could not be extracted are excluded rather than assumed, so coverage varies between documents.