RESEARCH ANALYST DISCLOSURE DOCUMENT

Mandatory Disclosure

Manish Taneja (“Research Analyst”) is registered with the Securities and Exchange Board of India (SEBI) as a Research Analyst under Registration No. INH000028361

The Research Analyst is engaged in providing research-related services in accordance with the SEBI (Research Analysts) Regulations and applicable circulars, notifications, and guidelines issued by SEBI from time to time.

Nature of Services

Services may include:

• Market research
• Investment research
• Analytical reports
• Sector analysis
• Educational market insights
• Personalized Research Analyst services (where applicable)

Important Disclosures

The Research Analyst does not guarantee returns, profits, or capital appreciation.

Research opinions, views, and analyses are based on publicly available information, market conditions, and professional judgment at the time of preparation.

Market conditions may change without notice.

Any investment decision taken by investors based on research material is solely at their own discretion and risk.

Risk Factors

Investments in securities markets are subject to market risks.

Prices of securities can fluctuate due to economic, political, regulatory, industry-specific, and company-specific developments.

Investors may lose part or all of their invested capital.

Conflict of Interest

The Research Analyst shall make appropriate disclosures wherever any actual or potential conflict of interest exists.

Grievance Redressal

Investors may contact the Grievance Officer for any concerns regarding services provided.

If unresolved, complaints may be escalated through SEBI’s SCORES platform.

Regulatory Information

SEBI Registration Number: INH000028361

Registered Office:
Plot No. 3, Second Floor,
Reliance Plaza 2,
Sector 4, Vaishali,
Ghaziabad, Uttar Pradesh, India.