Name of Research Analyst: Ritukant Maurya
SEBI Registration No.: INH000022525
Validity of Registration: Perpetual
Registered Address / Contact: A-703, Garima Vihar, Sector-35, NOIDA, 201301 / +91-8882744604 / ritukantmaurya@gmail.com
(1) General Disclaimer
- The research reports, recommendations, and model portfolios (“Research Materials”) provided by me are prepared in accordance with SEBI (Research Analyst) Regulations. These are intended to assist investors in making informed decisions but do not take into account the specific investment objectives, financial situation, or risk profile of any individual investor.
- Investors are therefore advised to use their own judgment and, where necessary, seek independent professional advice before acting on any recommendation. Investment in securities markets is subject to market risks, and past performance is not indicative of future returns.
(2) No Assurance or Guarantee
- Registration granted by SEBI, and certifications such as from NISM, do not guarantee performance of any recommendation, report, or service provided by the Research Analyst.
- I do not assure or guarantee returns, earnings, or profit from any strategy or recommendation.
(3) Nature of Recommendations
- The Research Materials are based on publicly available information and sources believed to be reliable. However, I do not make any express or implied representation or warranty as to their accuracy, adequacy, completeness, or correctness.
- Opinions expressed are as of the date of publication and are subject to change without notice.
- Securities mentioned, if any, may be for illustration purposes only and are not necessarily recommendatory.
(4) No Personalised Advice
- The Research Materials are general in nature and are not tailored to the individual investment objectives, financial situation, or risk appetite of any person.
- They should not be the sole basis for any investment decision. Individuals should assess their own risk profiles, conduct due diligence, or seek professional advice before investing.
(5) Conflicts of Interest
- I strive to maintain independence and objectivity in my research. Any actual or potential conflict of interest, including financial interests, holdings, or relationships with issuers of securities covered in the Research Materials, will be disclosed in the relevant research report.
- I do not accept any compensation that may influence the objectivity of my research, except as disclosed.
(6) Trading & Holding Disclosure
- I or my associates may or may not hold positions in the securities mentioned in the Research Materials. If held, these positions will be disclosed where applicable.
- I do not execute trades for clients. Clients must execute trades through their own brokers or intermediaries.
(7) Restriction on Use
- The Research Materials are intended solely for the recipient and are not for public distribution or circulation in any form (unless expressly authorised).
- No part of the content may be reproduced, copied, or distributed without prior written permission.
(8) Liability Limitation
- To the maximum extent permitted by law, I and my employees, agents, affiliates, and representatives shall not be liable for any direct, indirect, incidental, consequential, special, or punitive damages, loss of profit, investment losses, opportunity cost, or other damages arising from or in connection with the use of any Research Materials.
- I shall not be responsible for errors, omissions, or for any loss or damage arising from the use of information provided.
(9) Other Activities Disclaimer
- If I engage in other activities such as training, educational services, authorship, or consulting, such activities are not regulated by SEBI under the RA registration, unless separately licensed.
- It will be clearly displayed that such services are outside the regulatory purview of SEBI RA regulations.
(10) Disclosures Required by SEBI Guidelines
As per SEBI (Research Analyst) Regulations:
- The research or recommendation has been prepared without considering the specific investment objectives, financial situation, or risk appetite of any particular individual.
- The research is based on sources believed to be reliable, but no guarantee or warranty is given regarding accuracy.
- I and/or my associates may hold beneficial holdings in securities mentioned in past or current reports, and such interests will be disclosed in the respective reports.
- I have taken adequate care to avoid conflicts of interest, and any conflict, if present, will be disclosed.
- I have not taken any position in the securities recommended 30 days before or 5 days after the recommendation (as per SEBI rules).
(11) Legal Jurisdiction
- This Disclaimer & Disclosure shall be governed by the laws of India.
- All disputes arising from or in connection with this shall be subject to the jurisdiction of the courts in Noida, Uttar Pradesh.
(12) Severability & Update
- If any provision of this Disclaimer & Disclosure is held unenforceable or invalid, the remaining provisions shall continue in full force and effect.
- If any provision of this Disclaimer & Disclosure is held unenforceable or invalid, the remaining provisions shall continue in full force and effect.