Sai Urja Indo Ventures Ltd.

• Funding the working capital requirements of our Company₹8.0 Cr
• Debt Repayment/ prepayment, in full or part, of certain loans availed by our Company₹6.6 Cr
• General Corporate Purpose

Except as stated in this section, there are no outstanding (i) criminal proceedings involving our Company, Directors, or Promoters and the Key Managerial Personnels; (ii) actions by statutory and/or regulatory authorities involving the Relevant Parties; (iii) outstanding claims relating to direct and indirect taxes involving the Relevant Parties; and (iv) other pending litigation involving the Relevant Parties as determined to be material by our Board pursuant to the Materiality Policy; or (v) litigation involving our Group Companies which has a material impact on our Company. Further, except as stated in this section, there are no disciplinary actions including penalties imposed by SEBI or stock exchanges against the Company, it’s Promoters or its Directors in the last five Financial Years including any outstanding action.

• Our business, results of operations, and financial condition are heavily dependent on maintaining relationships with our top customers and continuing to receive orders from them; failure to do so, or inability to do so on commercially viable terms, could have an adverse impact on our revenue and/or margins, and consequently our profitability.(Customer Concentration)

• We derived 99.97%, 100% and 99.98% of our revenue from operations in Fiscals 2026, 2025 and 2024 respectively from our top 10 clients. The potential loss of one or more of these major customers or a reduction in the volume of business derived from them could have adverse effects on our overall business, financial condition, and cash flows.(Customer Concentration)

• We cannot assure that we can maintain the historical levels of business from these customers or that we will be able to replace these customers in case we lose any of them. Any failure to meet our customers' expectations or requirements could cause loss of a customer.(Customer Concentration)

• Our revenues are significantly dependent on contracts awarded by public sector undertakings (PSUs) for operation and maintenance and other services. We cannot assure that such contracts will continue to be awarded to us in future.(Customer Concentration)

• In selecting contractors, PSUs generally limit the parties who have pre-qualifications based on several criteria, including experience, technological capacity and performance, reputation for quality, safety record, financial strength and size of contracts previously undertaken. If we fail to qualify according to the prequalification requirements or fail to offer competitive quotations, we may not be selected for providing our services.(Customer Concentration)

• Contracts with government institutions may be subject to extensive internal processes, policy changes, and insufficiency of funds which may lead to an increase in the time gap between the award of the contract and completion of the payment. Payments from government entities may be subject to delays, and to the extent that payments under our contracts with government institutions are delayed, our financial condition, cash flows and results of operations may get impacted.(Customer Concentration)

• Our operations are majorly dependent on our ability to attract and retain qualified, experienced and other employees. The loss of the services of our employees may adversely affect our business, results of operations and financial condition.(Human Capital)

• We may also be required to increase the levels of employee compensation more rapidly than in the past to remain competitive in attracting new employees that our business requires.(Human Capital)