lumax auto technologies limited - Securities and Exchange Board of ...

Lumax Auto Technologies Limited
Forward-Looking Statements
This Draft Prospectus contains certain “forward-looking statements”. These forward-looking
statements generally can be identified by words or phrases such as “aim”, “anticipate”,
“believe”, “expect”, “estimate”, “intend”, “objective”, “plan”, “project”, shall”, “will”, “will
continue”, “will pursue”, “may” or other words or phrases of similar import. Similarly,
statements that describe our objectives, plans or goals also are forward-looking statements.
These forward-looking statements include statements as to business strategy, revenue and
profitability, Planed projects and other matters discussed in this Draft Prospectus regarding
matters that are not historical fact. These forward looking statement and any other projections
contained in this projections (whether made by us or any third party) involve know and
unknown risks, uncertainties and other factors that may cause actual factors that may cause
actual results, performance or achievements expressed or implied by such forward-looking
statements or other projections.
All forward-looking statements are subject to risk, uncertainties and assumptions about us that
could cause actual results to differ materially from those contemplated by the relevant forward
looking statement. Important factors that could cause actual results to differ materially from our
expectations include, among others:
� General economic and business conditions in India
� The ability to successfully implement the strategy, the growth and expansion plans and
technology changes;
� Increasing competition in and the conditions of the Indian and global auto component
industry;
� Increases in employees costs, including wage levels;
� Changes in laws & regulations that apply to the auto component industry;
� Changes in political or social conditions in India;
� Changes in the value of the Indian rupee and other currencies, in particular the U.S.
Dollar and Euro;
� Changes in the Indian and International interest rates;
� The ability to retain the clients and acquire new clients;
� Changes in the pricing policies of those of competitors; and
� Unanticipated variations in the durations, size and scope of the projects.
For further discussion of factors that could cause our actual results to differ, please see “Risk
Factors” on page [●] of this Draft Prospectus. By their nature, certain market risk disclosures are
only estimates and could be materially different from what actually occurs in the future. As a
result, actual future gains or losses could materially differ from those that have been estimated.
None of the Company or any of their respective affiliates has any obligation to update or
otherwise revise any statements to reflect circumstances arising after the date hereof or to reflect
the occurrence of underlying events, even if the underlying assumptions do not come to fruition.
In accordance with SEBI requirements, the Company and the Lead Managers will ensure that
investors in India are informed of material developments until the grant of listing and trading
permission by the Stock Exchange.
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