WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM ...

WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM
All references to “India” contained in the Information Memorandum are to the
Republic of India. All references to “Rupees” or “Rs.” are to Indian rupees, the official
currency of India.
For additional definitions, please see the section titled “Definitions / Abbreviations” of
the Information Memorandum.
Unless stated otherwise, industry data used in the Information Memorandum has
been obtained from the published data and industry publications. Industry
publications generally state that the information contained in those publications has
been obtained from sources believed to be reliable but that their accuracy and
completeness are not guaranteed and their reliability cannot be assured. Although
the Company believes that industry data used in the Information Memorandum is
reliable, it has not been independently verified.
The information included in the Information Memorandum about various other
companies is based on their respective audited annual reports for the latest financial
years and information made available by the respective companies.
Forward-looking statements:
Statements in the Information Memorandum which contain words or phrases such as
“will”, “aim”, “will likely result”, “believe”, “expect”, “will continue”, “anticipate”,
“estimate”, “intend”, “plan”, “contemplate”, “seek to”, “future”, “objective”, “goal”,
“project”, “should”, “will pursue” “will help”, “will develop”, “will be sustained” and
similar expressions or variations of such expressions, are “forward looking
statements”. Similarly, statements that describe the Company’s objectives, plans or
goals also are forward-looking statements, actual results may differ materially from
those suggested by the forward looking statements due to risks or uncertainties
associated with the Company’s expectations with respect to, but not limited to:
• General economic and business conditions in India and other countries;
• Regulatory changes and the Company’s ability to respond to them;
• Ability to successfully implement the Company’s strategy, growth and expansion
plans;
• Ability to meet the Company’s capital expenditure requirements;
• Technological changes;
• Exposure to market risks, general economic and political conditions in India which
have an impact on the Company’s business activities or investments;
• The monetary and fiscal policies of India, inflation, deflation, unanticipated
turbulence in interest rates, foreign exchange rates, equity prices or other rates
or prices, the performance of the financial markets in India and globally;
• Changes in domestic and foreign laws, regulations and taxes and changes in
competition in the industry.
• Fluctuations in operating costs;
• The Company’s ability to attract and retain qualified personnel;
• Changes in political and social conditions in India or in countries that the
Company may enter, and
• Any adverse outcome in the legal proceedings in which the Company is involved.
For further discussion of factors that could cause the Company’s actual results to
differ, see the section titled “Risk Factors”, “The Company’s Business”,
“Management’s Discussion and Analysis” beginning on page nos.60 to 63 of the
Information Memorandum respectively. 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.
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