Most Important Terms and Conditions (MITC)

(Forming part of the Terms and Conditions for providing research services)

1. These terms and conditions, and consent thereon are for the research services provided by the Research Analyst (RA). The RA cannot execute or carry out any trade (purchase/sell transaction) on behalf of the client. Clients are advised not to permit RA to execute any trade on their behalf.

2. The fee charged by RA to the client shall be subject to the maximum amount prescribed by SEBI / Research Analyst Administration and Supervisory Body (RAASB) from time to time (applicable only for Individual and HUF Clients).

2.1. Current fee limit: ₹1,51,000/- per annum per family for all research services of the RA.

2.2. The fee limit does not include statutory charges.

2.3. Fee limits do not apply to non-individual clients / accredited investors.

3. RA may charge fees in advance if agreed by the client. Such advance shall not exceed the period stipulated by SEBI (presently one quarter). In case of premature termination, the client shall be entitled to refund of proportionate fees for the unexpired period only.

4. Fees may be paid via cheque, online bank transfer, UPI, etc. Cash payment is not allowed. Optionally, payment can be made through the Centralized Fee Collection Mechanism (CeFCoM) managed by BSE Limited.

5. The RA shall abide by applicable regulations, circulars, and directions issued by SEBI and RAASB regarding disclosure and mitigation of conflicts of interest. The RA will endeavor to promptly inform the client of any such conflict.

6. Any assured/guaranteed/fixed return schemes are prohibited by law. No such scheme shall be offered by the RA.

7. The RA cannot guarantee returns, profits, accuracy, or risk-free investments. All opinions, projections, and estimates are based on available data and assumptions as of the date of publication.

8. Investments based on research recommendations are subject to market risks. No assurance of returns is provided, and no recourse exists for losses incurred. Clients must rely on their own judgment and assessment.

9. SEBI registration, RAASB enlistment, and NISM certification do not guarantee performance or assure returns.

10. Grievance Redressal Mechanism:

Step 1: Contact the RA through website/contact details.

Step 2: If unresolved, lodge grievance via SEBI’s SCORES platform.

Step 3: Consider Online Dispute Resolution through Smart ODR portal.

11. Clients must keep their contact details, including email ID and mobile number, updated with the RA at all times.

12. The RA shall never ask for login credentials or OTPs of Trading Account, Demat Account, or Bank Account. Never share such information with anyone.

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