Disclaimer and Disclosure Statement of Research Report/Recommendation: (VIJAYA KUMAR SUBRAMANIYAN: INH000013688)

(a) The recommendations provided in this report are based on information we believe to be reliable.; (b) Unless otherwise specified, the recommendations provided herein are based on a 12-month horizon.; (c) Investment ratings or recommendations and returns are based on absolute positive and negative returns.; (d) Security prices may rise or fall based on certain market conditions after following our recommendations.; (e) We may revisit ratings or recommendations due to valuations, returns, lack of clarity, or events.; (f) Our opinions are subject to change, and we have no obligation to inform clients when our opinions and recommendations change.; (g) Clients should be aware of the risks involved in the stock market, which may lead to partial or permanent loss of portfolio or investment during certain market conditions.; (h) We strictly adhere to the rules of the SEBI Research Analyst Regulations, 2014, and do not provide any investment advisory/PMS services.

Analyst Certification: (VIJAYA KUMAR SUBRAMANIYAN: INH000013688)

I VIJAYA KUMAR SUBRAMANIYAN, MBA in Marketing and Finance, is an Individual Research Analyst”. This research report accurately reflects the personal views of the research analysts employed by “VIJAYA KUMAR SUBRAMANIYAN” regarding any of the subject issuer(s), company(ies), or securities. Research Analyst has compiled this report using information available to the public and sources we consider reliable. Additionally, I certify that my compensation has no direct or indirect relationship with this report’s specific recommendations or views.

The analysts involved in the preparation of this report, or their relatives and associates: (VIJAYA KUMAR SUBRAMANIYAN: INH000013688)

(a) do not have any financial interests in the subject company mentioned in this report; (b) do not own 1% or more of the equity securities of the subject company mentioned in the report as of the last day of the month preceding the publication of the research report; (c) do not have any material conflict of interest at the time of publication of the report.

The analysts involved in the preparation of this report or their relatives and associates: (VIJAYA KUMAR SUBRAMANIYAN: INH000013688)

(a) have not received any compensation from the subject company in the past twelve months; (b) have not managed or co-managed public offerings of securities for the subject company in the past twelve months; (c) have not received any compensation for investment banking, merchant banking, or brokerage services from the subject company in the past twelve months; (d) have not received any compensation for products or services other than investment banking, merchant banking, or brokerage services from the subject company in the past twelve months; (e) have not received any compensation or other benefits from the subject company or third party in connection with the report; (f) have not served as an officer, director, or employee of the subject company; (g) are not engaged in market-making activity for the subject company; (h) subject company wasn’t a client during twelve months preceding the date of distribution of the research report and there is no services provided to subject company; (i) shall review the third party research report for any untrue statement of material fact or any false or misleading information.

Disciplinary History: (VIJAYA KUMAR SUBRAMANIYAN: INH000013688): There has been no instance of any Disciplinary action, penalty, etc. levied/passed by any regulation/administrative agencies against “VIJAYA KUMAR SUBRAMANIYAN” and its Partners or associates.

Terms & Conditions & Risk Disclosures: (VIJAYA KUMAR SUBRAMANIYAN: INH000013688)

Important Information Regarding Research Reports and Recommendations At “VIJAYA KUMAR SUBRAMANIYAN”, we prioritize delivering dependable and precise research reports and recommendations to our registered clients. We rely on genuine data and information from reliable sources, including publicly available data. Our Reports are carefully reviewed to ensure accuracy and prevent misleading statements. It is important to note that all of our research reports and recommendations serve an informational purpose only. Please note that this document should not be considered an offer to buy, sell, hold, or subscribe to any securities or financial instruments. Please note that “VIJAYA KUMAR SUBRAMANIYAN”, along with its partners, employees, officers, and affiliates, cannot be held responsible for any loss or damage arising from any unintentional errors in the information presented in the research report or recommendations. Investing in capital markets comes with built-in risks, and investors need to be aware of their personal risk tolerance. Before making any decisions based on our research reports, it’s recommended that you speak with a financial advisor. Our reports are not customized to any specific investment goals, financial situations, or individual needs. Clients who obtain our research reports and recommendations should act based on their financial position and risk appetite while keeping in mind the risks associated with capital markets.

  1. Warning: “Investment in securities market are subject to market risks. Read all the related documents carefully before investing.”
  2. Market Risk: “Market risks refers to partial or permanent loss of Investments or portfolios in adverse market conditions or company events.”
  3. The Securities Quoted Are For Illustration Only And Are Not Recommendatory.
  4. “Registration granted by SEBI, membership of a SEBI recognized supervisory body (if any), and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.”
  5. Past performance is not indicative of future results.

I VIJAYA KUMAR SUBRAMANIYAN, MBA in Finance, is an Individual Research Analyst; “VIJAYA KUMAR SUBRAMANIYAN” is an Individual Research Analyst having SEBI Registration Number: INH000013688; Address: No. 27/33, 1st floor, 2nd cross road, Begur, Hobli, Hongasandra village, BANGALORE, KARNATAKA, 560068; Correspondence Address: No. 27/33, 1st floor, 2nd cross road, Begur, Hobli, Hongasandra village, BANGALORE, KARNATAKA, 560068

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Contact Compliance Officer: Name: VIJAYA KUMAR SUBRAMANIYAN; Mail: svijaytooty@gmail.com; PH: +91 87 22 00 5757; If not satisfied with the response of the research analyst you can lodge your grievances with SEBI Scores: www.scores.gov.in & SEBI ODR: https://smartodr.in/ login and SEBI Office Toll Free No: 1800 22 7575 or 1800 266 7575; If “VIJAYA KUMAR SUBRAMANIYAN”, and its partners, employees or associates promise any assurance/guarantee of return on your Investments please immediately complaint to our Compliance Officer of “VIJAYA KUMAR SUBRAMANIYAN” and SEBI to stop such malpractices.

Other Disclosure of Research Analyst (VIJAYA KUMAR SUBRAMANIYAN: INH000013688) : NA

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