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stoxkart (hereinafter referred to as “stoxkart”) is regulated by the Securities and Exchange Board of India (“SEBI”) and is licensed to carry on the business of broking, depository services and related activities and is also registered with SEBI for doing securities trading business in India. stoxkart is a registered member of the National Stock Exchange of India Limited, Bombay Stock Exchange Limited and is a registered member of the National Commodity and Derivative Exchange Limited and Multi Commodity Exchanges of India and other commodity exchanges in India. stoxkart is also registered as a Depository Participant with Central Depository Services (India) Limited and National Securities Depository Limited. stoxkart also has a registration with Association of Mutual Funds in India as a mutual fund distributor. stoxkart’s other associates are registered as merchant bankers, portfolio managers and non-banking financial companies with SEBI and the Reserve Bank of India.

SMC is a SEBI registered research analyst having registration number INH100001849 providing there services to Stoxkart and Stoxkart is a sister concern of SMC. Stoxkart or its associates have not been debarred/ suspended by SEBI or any other regulatory authority for accessing /dealing in equity/securities and/or commodities (“Securities”) market. stoxkart or its associates or its research analysts or his or her relatives do not hold any financial interest in the company(ies) covered by the research analyst (“Company(ies)”) as on date. stoxkart or its associates or its research analyst or his relatives do not hold any actual/beneficial ownership of more than 1% (one percent) in the Company(ies), at the end of the month immediately preceding this present date.

Stoxkart or its associates or its research analyst or his relatives do not have any material conflict of interest as on date. Stoxkart or its associates/analyst have not received any compensation from the Company(ies) covered by the research analyst during the past twelve months. The Company(ies) have not been a client of stoxkart during the past twelve months. stoxkart or its associates have not received any compensation or other benefits from the Company(ies) covered by analyst or third party in connection with all information and research data made available by stoxkart on the premium group on Telegram (“Information”). The research analyst has not served as an officer, director or employee of the Company(ies) covered by him/her and stoxkart has not been engaged in the market making activity for the Company(ies) covered by the research analyst in the Information.

The views expressed by the research analyst in the Information are based solely on information available publicly available/internal data/ other reliable sources believed to be true. stoxkart does not represent/ provide any warranty expressly or impliedly to the accuracy, contents or views expressed herein and investors are advised to independently evaluate the market conditions/risks involved before making any investment decision. The research analysts who have prepared this Information hereby certify that the views /opinions expressed in the Information are their personal independent views/opinions in respect of the Company(ies).

Disclaimer: All Information is for the personal information of the authorized recipient and doesn't construe to be any investment, legal or taxation advice to the investor. All Information is only for private circulation and use. All Information is based upon information and data that we consider reliable, but we make no representation to the effect that it is accurate or complete, and no such representation should be assumed and the information and research should not be relied upon as such. No action is solicited on the basis of the contents of the Information made available here. The Information should not be reproduced or redistributed to any other person(s) in any form without the prior written permission of stoxkart. The contents of this material are general and are neither comprehensive nor inclusive. Neither stoxkart nor any of its affiliates, associates, representatives, directors or employees shall be responsible for any loss or damage that may arise to any person due to any action taken on the basis of the Information. The Information does not constitute personal recommendations or take into account the particular investment objectives, financial situations or needs of an individual client or corporate/s or any entity/s. All investments involve risk and past performance doesn't guarantee future results. The value of, and income from investments may vary because of the changes in the macro and micro factors given at a certain period of time. The person should use his/her own judgment while taking investment decisions. Please note that stoxkart, its affiliates, research analyst, officers, directors, and employees, including persons involved in the preparation or issuance of the Information: (a) from time to time, may have long or short positions in, and buy or sell the Securities of Company(ies); or (b) be engaged in any other transaction involving such Securities and earn brokerage or other compensation or act as a market maker in the financial instruments of the Company(ies) discussed herein or may perform or seek to perform investment banking services for the Company(ies) or act as advisor or lender/borrower to such Company(ies); or (c) may have any other potential conflict of interest with respect to any recommendation and related information and opinions. All disputes shall be subject to the exclusive jurisdiction of the Delhi High Court.