Forward-looking statements
Certain statements in this report concerning our future growth prospects are
forward-looking statements, which involve a number of risks and uncertainties that could
cause actual results to differ materially from those in such forward-looking statements.
The risks and uncertainties relating to these statements include, but are not limited to,
risks and uncertainties regarding fluctuations in earnings, our ability to manage growth,
intense competition within the steel industry, including those factors that may affect our
cost advantage, wage increases in India, our ability to attract and retain highly skilled
professionals, time and cost overruns on fixed-price, fixed-timeframe contracts, our
ability to commission mines within contemplated time and costs, our ability to raise the
finance within time and cost, client concentration, restrictions on immigration, our
ability to manage our internal operations, reduced demand for steel, our ability to
successfully complete and integrate potential acquisitions, liability for damages on our
service contracts, the success of the companies in which our Company has made strategic
investments, withdrawal of fiscal/governmental incentives, impact of regulatory measures,
political instability, legal restrictions on raising capital or acquiring companies outside
India, unauthorised use of our intellectual property and general economic conditions
affecting our industry. Our Company does not undertake to update any forward-looking
statements that may be made from time to time by or on behalf of our Company.
