Star Imaging and Path Lab Limited - IPO

1. Our Company, Promoter and Directors are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.

2. There have been instances in the past where we have not made regulatory filing of Consolidated Financials of our Company with RoC.

3. Our Company has reported certain negative cash flows from its operating activity, investing activity and financing activity, details of which are given below.

4. Our Company has not fulfilled its CSR obligation u/s 135 of the Companies Act, 2013 for the F.Y. 2021-22 to F.Y. 2023-24. Such noncompliance/ default may attract penalties on the Company and its Directors.

5. Form-2 for Return of Allotment filed with the Registrar of Companies for the period April 28, 2011 is not traceable.

6. There were certain instances of discrepancies in relation to certain statutory filings and corporate records of our Company.

7. We do not own registered office which is used by us currently.

8. Our inability to protect or use our intellectual property rights or comply with intellectual property rights of others may adversely affect our business and results of operations.

9. We have in the past entered into related party transactions and may continue to do so in the future, which may potentially involve conflicts of interest with the equity shareholders.

10. Our future funds requirements, in the form of issue of capital or securities and/or loans taken by us, may be prejudicial to the interest of the shareholders depending upon the terms on which they are eventually raised.