Disclosures in Research Reports and Public Appearances
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.
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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
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