SRS Limited (RHP) - Karvy

SRS LimitedFORWARD LOOKING STATEMENTSThis Red Herring Prospectus contains certain words or phrases, including, “will”, “aim”, “will likelyresult”, “believe”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”,“seek to”, “future”, “would”, “objective”, “goal”, “project”, “should”, “will pursue” and similar expressionsor variations of such expressions, that are forward-looking statements. All forward-looking statements aresubject to risks, uncertainties and assumptions that could cause actual results to differ materially from thosecontemplated by the relevant forward-looking statement.Important factors that could cause actual results to differ materially from the Company’s expectationsinclude, among others:• Changes in law and regulations that apply to the industries in India, wherein the Company is operating;• Increasing competition and the conditions of the customers of the Company;• Changes in Government Policies;• The Company’s ability to successfully implement its strategy, growth and expansion plans;• General economic and business conditions in the markets in which the Company operates and in thelocal, regional and national economies;• Changes in the value of the Rupee vis-à-vis other currencies;• Changes in political and socio-economic conditions in India;• The Company’s ability to meet its capital expenditure requirements;• Fluctuations in operating costs;• Company’s ability to attract and retain qualified personnel;• Changes in technology;• The performance of the financial markets in India and globally; and• Any adverse outcome in the legal proceedings in which the Company is involved.For further discussion of factors that could cause actual results to differ, see the section titled “RiskFactors” on page xii of this Red Herring Prospectus. By their nature, certain market risk disclosures areonly estimates and could be materially different from what actually occurs in the future. As a result, actualfuture gains or losses could materially differ from those that have been estimated. The Company, themembers of the Syndicate and their respective affiliates do not have any obligation to and do not intend to,update or otherwise revise any statements reflecting circumstances arising after the date hereof or to reflectthe occurrence of underlying events, even if the underlying assumptions do not come to fruition. Inaccordance with ICDR Regulations, the Company and the BRLMs will ensure that the Red HerringProspectus will be updated with respect to all the material developments. Further, the Company and theBRLMs will ensure that all the material developments will be informed / communicated to the investorsuntil such time as the Company obtains listing and trading permission from the Stock Exchange in respectof the Equity Shares allotted in this Issue.xi