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Disclosure Document for Research Services

The purpose of the document is to provide essential information about the Research Services in a manner to assist and enable the prospective client/client in making an informed decision for engaging in Research services before onboarding.

History, Present Business & Background

  • Sagar Balasaheb Shelar, is registered with SEBI as Research Analyst with registration no. INH000017611.
  • The Research Analyst got its registration on July 16, 2024 and is engaged in offering research and recommendation services.

Terms & Conditions of Research Services

  • The Research Services will be limited to providing independent research recommendation 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 same future results.
  • The Research Analyst shall not be responsible for any loss to the Investors.

Disciplinary History

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

Details of its Associates

  • No associates

Disclosures with respect to Research and Recommendations Services

  • No Trading Conflict: The Research Analyst or any of its officer/employee does not trade in securities which are subject matter of recommendation.
  • No Conflicts of Interest: There are no actual or potential conflicts of interest arising from any connection to or association with any issuer of products/securities. Such conflict of interest shall be disclosed to the client as and when they arise.
  • No Compensation Received: Research Analyst or its employee or its associates have not received any compensation from the company which is subject matter of recommendation.
  • No Public Offering Involvement: Research Analyst or its employee or its associates have not managed or co-managed the public offering of any company.
  • No Investment Banking Fees: 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.
  • No Other Compensation: Research Analyst or its employee or its associates have not received any compensation for products or services other than above from the subject company.
  • No Third Party Benefits: 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.
  • Not a Recent Client: The subject company was not a client of Research Analyst or its employee or its associates during twelve months preceding the date of recommendation services provided.
  • No Officer/Director Role: Research Analysts or its employee or its associates has not served as an officer, director or employee of the subject company.
  • No Market Making: Research Analysts has not been engaged in 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:
"Registration granted by SEBI, enlistment as RA with Exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors."