Fiinaspiira Research Services

SEBI Registration No.: INH000012333

In compliance with the SEBI (Research Analysts) Regulations, 2014 and other applicable circulars issued by SEBI from time to time, the following disclosures are made:

1. Research Analyst Registration

Fiinaspiira Research Services is registered with the Securities and Exchange Board of India (SEBI) as a Research Analyst under Registration No. INH000012333.

2. Disciplinary History

There are no disciplinary actions, directions, or penalties imposed by SEBI or any other regulatory authority against Fiinaspiira Research Services as on the date of this disclosure.

Any future regulatory action, if applicable, shall be disclosed as required under applicable regulations.

3. Research Analyst Certification

The Research Analyst and associated persons engaged in research activities possess the required qualifications and certifications as prescribed under applicable SEBI regulations.

4. Conflict of Interest

Fiinaspiira Research Services shall disclose any actual or potential conflict of interest, if any, in research reports and recommendations issued to clients.

The firm endeavors to maintain objectivity, independence, and fairness while providing research services.

5. Ownership and Financial Interest

The Research Analyst or its associates may or may not have financial interests in the securities that are the subject matter of research recommendations.

Specific disclosures regarding financial interests, ownership, or holdings shall be made in the respective research reports wherever applicable and as required under SEBI regulations.

6. Compensation Disclosure

Fiinaspiira Research Services receives consideration from clients in the form of subscription fees for research services offered.

The firm does not receive compensation from the subject company in connection with the preparation of research reports unless specifically disclosed.

7. Association with Subject Companies

The Research Analyst or its associates may have business relationships with companies covered in research reports. Such relationships, if material, shall be appropriately disclosed in the relevant research report.

8. Investment Risks

Investments in securities markets are subject to market risks. Research recommendations are based on available information, analysis, and assumptions that may change without notice.

Past performance does not guarantee future results.

9. No Assurance of Returns

Fiinaspiira Research Services does not provide any assurance, guarantee, or promise regarding returns, profits, capital appreciation, or the performance of any investment recommendation.

Clients are advised to exercise independent judgment and consider their financial objectives, risk tolerance, and investment horizon before acting on any recommendation.

10. Client Responsibility

The final investment decision shall always remain with the client. Clients are advised to consult their financial, legal, and tax advisors before making investment decisions.

Important Disclaimer

Investment in securities market is subject to market risks. Read all related documents carefully before investing.

Registration granted by SEBI and certification from NISM do not guarantee the performance of the intermediary or assure returns to investors.

SEBI Registration No.: INH000012333