Dam Capital Advisors Limited

1. We are one of the few companies in India with presence across the polyester, cotton and technical textile sectors.

2. Focus on the product development of new products, through process innovation.

3. Fully integrated yarn manufacturing plant set up at a strategic location with equipment supplied by domestic and globally renowned players.

4. Long standing association with leading consumer brands with a low customer concentration.

5. Deep knowledge and understanding of optimal product assortment and strong supplier network enabling procurement at predicable and competitive pricing, leading to an overall efficient cycle.

6. Healthy financial performance.

7. Experienced management team with a proven track record.

1. The company does not have long-term agreements with a majority of its customers. Any changes or cancellations to the company's orders or its inability to forecast demand for its products may adversely affect the company's business, results of operations and financial condition.

2. Its business depends on the company's production facility in Silvassa and will also depend on its production facility being set up in Punjab. Any loss of or shutdown of operations of the production facilities on any grounds could adversely affect its business or results of operations.

3. The Company will not receive any proceeds from the Offer for Sale portion.

4. Its Statutory Auditors have drawn attention to qualitative matters of emphasis and a modified opinion on the Company's internal financial controls, in their examination report on the Restated Consolidated and Standalone Financial Information.

5. Its Promoters and members of the Promoter Group have significant control over the Company and have the ability to direct its business and affairs; their interests may conflict with your interests as a shareholder.

6. Any delays and/or defaults in customer payments could result in increase of working capital investment and/or reduction of the Company's profits, thereby affecting its operation and financial condition.

7. One of its Promoter was involved in a regulatory proceeding initiated by SEBI which has been settled. Any such regulatory proceedings, or any adverse action as a result of such regulatory proceedings, may affect its reputation or business.

8. Any variation in the utilization of the Net Proceeds as disclosed in this Draft Red Herring Prospectus shall be subject to certain compliance requirements, including prior Shareholders' approval.

9. If the company is unable to gauge the demand of its products accurately and are unable to maintain an optimal level of inventory, its business, results of operations and financial condition may be adversely affected.

10. The company does not have long term agreements for supply of its raw materials. If the company is unable to procure raw materials of the required quality and quantity, at competitive prices, its business, results of operations and financial condition may be adversely affected. Majority of its raw materials are sourced from few key suppliers. Discontinuation of operations of such suppliers may adversely affect its ability to source raw materials at a competitive price.