Research Disclaimer and Disclosure under SEBI (Research Analysts) Regulations 2014

Research Services are under the banner of SAURABH SHUKLA, SEBI Registration No-INH100007639
"INVESTMENTS IN SECURITIES MARKET ARE SUBJECT TO MARKET RISKS. READ ALL THE RELATED DOCUMENTS CAREFULLY BEFORE INVESTING." "Registration granted by SEBI & Certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to Investors."
SAURABH SHUKLA shall not be in anyways responsible for any loss or damage that may arise to any such person from any inadvertent error in the information contained in this report. The recipients of this report should rely on their own investigations.
I submit that no material disciplinary action has been taken on me by any Regulatory Authority impacting Equity Research Analysis activities. Disclosure :Answers to the Best of my knowledge and belief that I, SAURABH SHUKLA/ my Associates/ my Family:
Do not have any financial interest /any actual/beneficial ownership in the subject company. Don’t have any other material conflict of interest at the time of publication of the research report ·
Have not received any compensation from the subject company not managed or co-managed public offering of securities for the subject company. Have not received any compensation for brokerage services or any products / services or any compensation or other benefits from the subject company, nor engaged in market making activity for the subject company.
Have not served as an officer, director or employee of the subject company.

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