Metalic Technoforge Ltd.

• Funding of capital expenditure requirements of the Company towards setting up of the proposed Manufacturing Unit IV and upgradation of existing units at manufacturing facility in Rajkot, Gujarat.
• Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company.
• General Corporate Purpose

Except as stated below, there is no pending criminal litigation involving the Company, Directors, Promoter, Key Managerial Persons (KMPs) or Senior Managerial Persons (SMPs); actions taken by statutory or regulatory authorities; outstanding claims for tax liabilities; outstanding proceedings for economic offences; defaults or non-payment of statutory dues; material fraud in the last five years; inquiry, inspection or investigation under the Companies Act 2013; fines imposed or compounding of offences in the last five years; litigation or legal action against the Promoter by any ministry or Government department or statutory authority in the last five years; pending litigations involving the Company, Directors, Promoter or any other person determined to be material by the Board of Directors; or outstanding dues to creditors determined to be material by the Board of Directors. The Company, Promoter and/or Directors have not been declared wilful defaulters by the RBI or any governmental authority, have not been debarred from dealing in securities and/or accessing capital markets by the SEBI, and no disciplinary action has been taken by the SEBI or any stock exchanges. The text continues with 'OUTSTANDING LITIGATION INVOLVING OUR COMPANY, DIRECTORS, PROMOTERS and KMPs and SMPs OTHER THAN PROMOTERS AND DIRCTORS: PART 1: LITIGATION RELATING TO OUR COMPANY'.

• Any failure or delay in obtaining, renewing or maintaining statutory licenses, permits and approvals required for business operations, including environmental, health and fire safety laws, may adversely affect the business, financial condition, results of operations and cash flows.(Regulatory Compliance)

• Any adverse developments in Goods and Services Tax proceedings against our Promoter's former partnership firm, M/s. Vispan Traders, may require his participation in regulatory proceedings, divert his attention from the Company, and adversely affect his reputation and the Company's business, financial condition, results of operations and prospects.(Promoter & Management)

• A significant portion of domestic revenue is derived from customers located in Gujarat, Maharashtra and Uttar Pradesh, which accounted for 62.45%, 59.22%, and 78.70% of revenue from operations for the financial years ended March 31, 2026, 2025 and 2024, respectively. Any adverse developments in these regions may materially and adversely affect the business, financial condition, results of operations and cash flows.(Geographic Concentration)

• The demand for our products is primarily driven by the performance and capital expenditure cycles of industries operating in Gujarat, Maharashtra and Uttar Pradesh. Any adverse changes in regional economic conditions, slowdown in industrial activity, reduction in capital expenditure by OEMs and other customers, or shifts in industry demand in these regions may lead to a decline in demand for our products.(Market Demand)

• Our geographic concentration increases exposure to region-specific risks, which could materially and adversely affect revenues, cash flows and overall financial performance.(Geographic Concentration)

• These regions represent highly competitive markets for our products, with the presence of several established and regional players. Competitive pressures may intensify due to aggressive pricing, design specifications, availability of low-priced alternatives, which may adversely affect our ability to maintain pricing, volumes and margins.(Competition)

• Our ability to generate and sustain demand in these regions is dependent on our capability to consistently manufacture and supply products in accordance with customer specifications and string... (text truncated)(Operational Capability)

• Any failure to comply with applicable regulations or conditions of approvals may result in penalties, fines, suspension or cancellation of licenses, closure of facilities or other regulatory actions, which may adversely affect the business, financial condition and results of operations.(Regulatory Compliance)