Disclosure as per SEBI (Research Analysts) Regulations, 2014

About Me

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About My Business Activity

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Note: I do not provide execution or distribution services. I am not affiliated with any broker, mutual fund house, or financial intermediary to promote or endorse their products and services. Furthermore, I am not registered as an investment advisor and do not provide customized investment advisory services.

I strictly offer research and recommendation services under the framework of SEBI RA regulations.

Disciplinary History

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If there is no such history, state:
“There is no disciplinary history in my name, and there are no pending orders or outstanding litigations.”

Terms and Conditions for Research Reports

Details of Associates

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Ownership & Material Conflicts of Interest Disclosure

• Neither I nor my relatives or associates have any financial interest in the subject company.
• Neither I nor my relatives or associates hold 1% or more of the securities of the subject company as of the end of the previous month.
• Neither I nor my relatives or associates have any material conflict of interest at the time of publishing the research report.

Compensation Disclosure

• Neither I nor my associates have received compensation from the subject company in the past 12 months.
• We have not managed or co-managed any public offering for the subject company in the past 12 months.
• We have not received compensation for investment banking, merchant banking, or brokerage services from the subject company.
• No compensation has been received from the subject company or third parties in connection with this research report.

General Disclosure

• I have not served as an officer, director, or employee of the subject company.
• I am not engaged in market-making activities for the subject company.

Use of AI Tools in Research Services

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Definitions of Key Terms in Research Reports

• Buy – A recommendation to buy a stock at the market price or within a specified price band.
• Sell / Target – The price at which the stock should be sold upon reaching the target.
• Hold – A recommendation to hold the stock without selling if it has not met the target or stop-loss price.
• Stop Loss Price – The price at which the stock should be exited due to adverse market conditions.

Additional Disclosures

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Warning & Disclaimer

Warning: “Investments in the securities market are subject to market risks. Read all related documents carefully before investing.”

Disclaimer: “Registration granted by SEBI, membership of a SEBI-recognized supervisory body (if any), and certification from NISM do not guarantee performance or assure returns to investors.”