SEBI DISCLAIMERS AND DISCLOSURES

Disclosures/Disclaimer

SEBI LICENSE/REGISTRATION HOLDER “VARUN BHARGAV PROPRIETOR OF PROFIT X RESEARCH” SEBI REGISTERED RESEARCH ANALYST NO. INH000014508.

“Investment in securities market are subject to market risks. Read all the related documents carefully before investing.”

Information present in the material prepared by the company and on the website of the company shall not be considered as a recommendation or solicitation of an investment. Investors are responsible for their investment decisions and are responsible to validate all the information used to make the investment decision. Investor should understand that his/her investment decision is based on personal investment needs and risk tolerance, and information present in the material prepared by the company and on the website of the company is one among many other things that should be considered while making an investment decision.

Investments in securities market are subject to market risks. Read all the related documents carefully before investing.

Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

The investor is requested to take into consideration all the risk factors before actually trading in derivative contracts.

We and our associates, officers, directors, and employees, Research Analyst (including relatives) worldwide may: (a) from time to time, have long or short positions in, and buy or sell the securities thereof, of company (ies) forming part of the products or reports created by the company or (b) may have other potential/material conflict of interest with respect to any company(ies) in various products or reports created by the company. Any such positions of conflict of interest will be appropriately disclosed and dealt with in accordance with applicable law. [to be modified depending upon actual circumstances]

The Company does not provide any promise or assurance of favourable view for a particular industry or sector or business group in any manner. The investor is requested to take into consideration all the risk factors including their financial condition, suitability to risk return profile and take professional advice before investing.

The analysts for various products or reports created by the company certify that all of the information /material therein accurately reflect his or her personal views about the subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly related to company(ies) in various products or reports created by the company. No part of this material may be duplicated in any form and/or redistributed without the prior written consent of the Company.

Contact Details:

Support Telephone: <9516598552>

Support Email: [email protected] or

<varunonlinecu1985@gmail.com>

Compliance Office Details:Name: <VARUN BHARGAV>Email: [email protected] < [email protected]>Contact:<+919516598552>Grievance Office Details:Name: <VARUN BHARGAV>Email: [email protected]

Or < [email protected]>

Contact: <+91- 9516598552>

Investor Charter

Annexure – A

Investor Charter in respect of Research Analyst (RA) as per

SEBI Circular No. SEBI/HO/IMD/IMD-II CIS/P/CIR/2021/0685 dated December 13, 2021

A. Vision and Mission Statements for investors

Vision – Invest with knowledge & safety.
Mission – Every investor should be able to invest in right investment products based on their needs, manage and monitor them to meet their goals, access reports and enjoy financial wellness.

B. Details of business transacted by the Research Analyst with respect to the investors.

To publish research report based on the research activities of the RA.
To provide an independent unbiased view on securities.
To offer unbiased recommendation, disclosing the financial interests in
recommended securities.
To provide research recommendation, based on analysis of publicly available information and known observations.
To conduct audit annually.

C. Details of services provided to investors (No Indicative Timelines)

Onboarding of Clients.
Disclosure to Clients
- To distribute research reports and recommendations to the clients without discrimination.
- To maintain confidentiality w.r.t publication of the research report until made available in the public domain.

D. Details of grievance redressal mechanism and how to access it

In case of any grievance / complaint, an investor should approach the concerned research analyst and shall ensure that the grievance is resolved within 30 days.
If the investor’s complaint is not redressed satisfactorily, one may lodge a complaint with SEBI on SEBI’s SCORES portal which is a centralized web-based complaints redressal system. SEBI takes up the complaints registered via SCORES with the concerned intermediary for timely redressal. SCORES facilitates tracking the status of the complaint. . You can reach SEBI’s SCORES portal on https://scores.gov.in.
With regard to physical complaints, investors may send their complaints to: Office of Investor Assistance and Education, Securities and Exchange Board of India, SEBI Bhavan. Plot No. C4-A, ‘G’ Block, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051.

E. Expectations from the investors (Responsibilities of investors).

Do’s

Always deal with SEBI registered Research Analyst.
Ensure that the Research Analyst has a valid registration certificate.
Check for SEBI registration number.
Please refer to the list of all SEBI registered Research Analysts which is available on SEBI website in the following link: https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=14
Always pay attention towards disclosures made in the research reports before Investing.
Pay your Research Analyst through banking channels only and maintain duly signed receipts mentioning the details of your payments.
Before buying securities or applying in public offer, check for the research recommendation provided by your research Analyst.
Ask all relevant questions and clear your doubts with your Research Analyst before acting on the recommendation.
Inform SEBI about Research Analyst offering assured or guaranteed returns.

Dont’s

Do not provide funds for investment to the Research Analyst.
Don’t fall prey to luring advertisements or market rumours.
Do not get attracted to limited period discount or other incentive, gifts, etc. offered by Research Analyst.
Do not share login credentials and password of your trading and demat accounts with the Research Analyst.

For the Status of Complaints, please click here.(Score portal Link on website ) SCORES Website:

https://scores.gov.in/scores/Welcome.html

SMART ODR LINK on website. SMART ODR Portal: https://smartodr.in/login

Annexure – B

Complaint Data to be displayed by RAs

Formats for investors complaints data to be disclosed monthly by RAs on them,website/mobile application:–

GRIEVANCE REDRESSAL PROCESS · Clients can seek clarification to their query and are further entitled to make a complaint in writing, orally, or telephonically. An email may be sent to [email protected] · Alternatively, the Investor may call on +919516598552 · A letter may also be written with their query/complaint and posted at the below-mentioned address: ________. A 230 balaji paradise Vidisha MP 464001 india· The client can expect a reply within 21 days of approaching the Research Analyst. · In case the client is not satisfied with our response they can lodge a grievance with SEBI at http://scores.gov.in or may also write to the office of SEBI. · After exhausting the above options for resolution of the grievance, if the investor/client is still not satisfied with the outcome, they can initiate dispute resolution through the ODR Portal. · For more details about the ODR mechanism, fees, timelines, etc., you may read the master circular released by SEBI titled: “Online Resolution of Disputes in the Indian Securities Market” available at the following link: https://www.sebi.gov.in/legal/master-circulars/aug-2023/online_resolution-of-disputes-in-the-indian-securities-market_75220.html Details of Compliance Officer: · Name: VARUN BHARGAV · Contact No: 9516598552 · Email- [email protected] or [email protected],DISCLOSURE -The purpose of the document is to provide essential information about the Research Services in a manner to assists and enables the prospective client/client to make an informed decision for engaging in Research services before onboarding.

History, Present Business, and Background

SEBI LICENSE/REGISTRATION HOLDER “VARUN BHARGAV PROPRIETOR OF PROFIT X RESEARCH” SEBI REGISTERED RESEARCH ANALYST NO. INH000014508.

The Research Analyst was registered on ,16 January 2024, and is engaged in offering research and recommendation services.

Terms and Conditions of Research Services

The Research Services will be limited to providing independent research recommendations and shall not be involved in any advisory or portfolio allocation services.

The Research Analyst never guarantees the returns on the recommendation provided. Investor shall take note that Investment/trading in stocks/Index or other securities is always subject to market risk.

Past performance is never a guarantee of the same future results. The Research Analyst shall not be responsible for any loss to the Investors.

Disciplinary history

There are no pending material litigation or legal proceedings against the Research Analyst. As of date, no penalties/directions have been issued by SEBI under the SEBI Act or Regulations made there against the Research Analyst relating to Research Analyst services.

Details of its associates

No associates

Disclosures with respect to Research and Recommendations Services

· The Research Analyst or any of its officers/employees does not trade in securities that are the subject matter of recommendation

. · There are no actual or potential conflicts of interest arising from any connection to or association with any issuer of products/ securities, including any material information or facts that might compromise its objectivity or independence in the carrying on of Research Analyst services. Such conflicts of interest shall be disclosed to the client as and when they arise.

· Research Analyst or its employees or its associates have not received any compensation from the company which is subject matter of recommendation.

· Research Analyst or its employee or its associates have not managed or co-managed the public offering of any company.

· Research Analyst or its employee or its associates have not received any compensation for investment banking or merchant banking or brokerage services from the subject company.

· Research Analyst or its employee or its associates have not received any compensation for products or services other than above from the subject company.

· Research Analyst or its employee or its associates have not received any compensation or other benefits from the Subject Company or 3rd party in connection with the research report/ recommendation.

· The subject company was not a client of the Research Analyst or its employee or its associates during the twelve months preceding the date of recommendation As a business, we offer stock recommendations based on technical/fundamental research ONLY to our subscribers.

We have not authorized any organization or firm to represent us and offer stock recommendations on our behalf. As a business, we DO NOT offer or involved in any direct or indirect execution services. Our services are limited to providing research based trading signals services provided.

Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Reports or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken

· Research Analysts its employees or its associates have not served as an officer, directors, or employees of the subject company.· Research Analysts have not been engaged in the market-making activity of the subject company.

Standard Warning “Investment in securities market are subject to market risks. Read all the related documents carefully before investing.””

Disclaimer-The securities quoted are for illustration only and are not recommendatory”

Disclaimer “Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the Research Analyst or provide any assurance of returns to investors

Past performance is never a guarantee of the same future results. The Research Analyst shall not be responsible for any loss to the Investors.

SEBI LICENSE/REGISTRATION HOLDER “VARUN BHARGAV PROPRIETOR OF PROFIT X RESEARCH” SEBI REGISTERED RESEARCH ANALYST NO. INH000014508.

SEBI Disclosures and Disclaimer – RESEARCH REPORTS/RECOMMENDATION AND PUBLIC Appearance

Personal financial interests in securities-NO

Ownership Interest – NO

Financial interest of Associates /firm-NO

Receipt of compensation-NO

and other potential conflicts of interest-NO

We submit that no material disciplinary action has been taken on me by any regulatory authority impacting Equity Research activities.

Detailed Disclosures-

## Checklist -Disclosures in Research Reports and Public Appearances

#### Ownership and Material Conflicts of Interest Disclosures

1. [ ] **Financial Interest Disclosure:** =NO

– Disclose any financial interest the Research Analyst, their associate, or relative has in the subject company, including the nature of such interest.

2. [ ] **Ownership Disclosure:** =NO

– Disclose whether the Research Analyst, their associates, or relatives have actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the publication of the research report or the date of the public appearance.

3. [ ] **Other Material Conflicts of Interest:** =NO

– Disclose any other material conflict of interest of the Research Analyst, their associate, or relative at the time of publication of the research report or at the time of public appearance.

#### Receipt of Compensation Disclosures

4. [ ] **Compensation from Subject Company:**= NO

– Disclose whether the Research Analyst or their associates have received any compensation from the subject company in the past 12 months.

5. [ ] **Management or Co-management of Public Offerings:**= NO

– Disclose whether the Research Analyst or their associates have managed or co-managed the public offering of securities for the subject company in the past 12 months.

6. [ ] **Compensation for Investment Banking or Other Services:**= NO

– Disclose whether the Research Analyst or their associates have received any compensation for investment banking, merchant banking, or brokerage services from the subject company in the past 12 months.

7. [ ] **Compensation for Non-Investment Banking Services:**= NO

– Disclose whether the Research Analyst or their associates have received any compensation for products or services other than investment banking, merchant banking, or brokerage services from the subject company in the past 12 months.

8. [ ] **Compensation or Benefits from Third Parties:**= NO

– Disclose whether the Research Analyst or their associates have received any compensation or other benefits from the subject company or third party in connection with the research report.

#### Additional Required Disclosures

9. [ ] **Past 12 Months Compensation:**= NO

– Reiterate whether the Research Analyst or their associates have received any compensation from the subject company in the past 12 months.

10. [ ] **Client Relationship Disclosure:**= NO

– Disclose whether the subject company was a client during the 12 months preceding the distribution of the research report and the types of services provided.

11. [ ] **Position within Subject Company:**= NO

– Disclose whether the Research Analyst has served as an officer, director, or employee of the subject company.

12. [ ] **Market Making Activities:**= NO

– Disclose whether the Research Analyst has been engaged in market-making activity for the subject company.

13. [ ] **SEBI-Specified Disclosures:**= NO

– Include any other disclosures as specified by SEBI under any other regulations.

We submit that no material disciplinary action has been taken on me by any regulatory authority impacting Equity Research activities.

Registered Office Address-

“VARUN BHARGAV PROPRIETOR OF PROFIT X RESEARCH” SEBI REGISTERED RESEARCH ANALYST NO. INH000014508

A 230 BALAJI PARADISE VIDISHA MP (PIN 464001)

Mobile +91-9516598552 (WhatsApp) Email – [email protected], [email protected]

Disclaimer-

Standard Warning “Investment in the securities market are subject to market risks. Read all the related documents carefully before investing.””

Disclaimer “Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the Research Analyst or provide any assurance of returns to investors,

The securities quoted are for illustration only and are not recommendatory”

Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. The price, value of and income from any of the securities or financial instruments mentioned in this report can fall as well as rise.

Disclaimer-I/we are a SEBI Research Analyst, NOT an investment adviser ,Content on this website(www.profitxresearch.com) OR on any social /digital/offline /online platforms/Apps is provided for information purpose only. The content displayed on the website or on any social /digital/offline /online platforms/apps does not constitute a personal recommendation or any investment advice or take into account the particular investment objective, financial situation or need of individual/groups. PROFIT X RESEARCH accepts no liability and will not be liable for any loss or damage arising directly of indirectly (including special, incidental or consequential loss or damage) arising from any use of any information on this website. or on any social /digital/offline /online platforms/Apps whatsoever.

Disclaimer

1. Non-Advisory Nature: The information and content presented are provided for general informational purposes only and should not be construed as professional financial or investment advice.

2. Educational Content: The content is meant for educational and knowledge-sharing purposes only. Call Us for Sales /feedback/Support/Mentorship /Research Services +91-9516598552

Terms and conditions

1 PXR services is valid according to plan mentioned on website. please refer website for plan details

2 we shall provide 0-X numbers of buy/sell/hold or stay away calls based on technical and fundamental research during validity period on Need basis ( frequency of calls based on our Research and not based on customer demand or request or bias)

3 The fees paid towards any services/reports/mentorship or any services etc are non refundable in any condition.

4 Investors / Traders are advised to act according to their risk appetite , we are not providing investment advisory services. We are providing research analyst services.

5. All Buy/sell/hold or stay away call updates will be received through WhatsApp or/and SMS or/and email or/and Telegram when provided.

Registered Office Address- “VARUN BHARGAV PROPRIETOR OF PROFIT X RESEARCH” SEBI REGISTERED RESEARCH ANALYST NO. INH000014508 A 230 BALAJI PARADISE VIDISHA MP (PIN 464001) Mobile +91-9516598552 (WhatsApp) Email – [email protected] www.profitxresearch.com

Please read terms & conditions, disclosure, privacy policy, refund policy, Individual code of conduct, Internal policy & control carefully For more information visit to www.profitxresearch.com