Disclosure

Disclosure

The Research Analyst does not guarantee any returns on the recommendations provided. Investors should be aware that investing or trading in stocks, indices, or other securities is inherently risky and subject to market fluctuations.

Standard Warning

“Investments in the securities market are subject to market risks. Please read all related documents carefully before investing.”

Disclosures Related to Research Activities

  • Neither the Research Analyst nor any of its officers or employees trade in the securities that are the subject of their recommendations.
  • There are no conflicts of interest related to any connection or association with issuers of products or securities that could compromise the objectivity or independence of the Research Analyst. Any such conflicts, should they arise, will be promptly disclosed to the client.
  • The Research Analyst, its employees, or associates have not received any compensation from the company that is the subject of the recommendation.
  • The Research Analyst, its employees, or associates have not managed or co-managed any public offering for the company in question.
  • The Research Analyst, its employees, or associates have not received compensation for investment banking, merchant banking, or brokerage services from the subject company.
  • The Research Analyst, its employees, or associates have not received any compensation from the subject company for products or services beyond those mentioned above.
  • The Research Analyst, its employees, or associates have not received any compensation or benefits from the subject company or any third party in connection with the research report or recommendation.
  • The subject company was not a client of the Research Analyst, its employees, or associates during the twelve months preceding the recommendation.
  • The Research Analyst, its employees, or associates have not served as officers, directors, or employees of the subject company.
  • The Research Analyst has not engaged in market-making activities for the subject company.

Disclaimer

“Registration with SEBI and certification by NISM do not guarantee the performance of the Research Analyst or assure any returns to investors.”