Tejas Bansal is registered with SEBI as Research Analyst with registration no. INH000021261. The Research Analyst got its registration on June 24, 2025 and is engaged in research and recommendation Services.

The Research Analyst never guarantees the returns on the recommendation provided. Past performance is never a guarantee of the same future results.

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 thereunder against the Research Analyst relating to Research Analyst services.

Details of its associates

No associates

Disclosures with respect to Research Services

There are no actual or potential conflicts of interest arising from any connection of Research entity or Research Analyst or his associate or his relative 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 conflict of interest shall be disclosed to the client as and when they arise.

Research entity or Research analyst or its associate or relatives has no connection or association of any sort with any issuer of products/ securities recommended herein.

Research entity or Research analyst or its associates has not received any kind of remuneration or consideration from the products/ securities recommended herein.

Research entity or Research analyst or its associates have not received any compensation from the subject company in past 12 months.

Research entity or Research analyst or its associates have not managed or co-managed the public offering of Subject Company in past 12 months.

Research entity or Research analyst or its associates have not received any compensation for investment banking or merchant banking of brokerage services from the subject company in past 12 months.

Research entity or Research analyst or its associates have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past twelve months.

Research entity or Research analyst or its associates have not received any compensation or other benefits from the subject company or third party in connection with the research report or research recommendations.

Research entity or Research analyst or its associates have not received any compensation for products or services from the subject company in past 12 months.

The subject company is or was not a client of Research entity or Research analyst or its associates during twelve months preceding the date of distribution of the research report and recommendation services provided.

Research Analysts or its associates has not served as an officer, director or employee of the subject company.

Research Analysts has not been engaged in market making activity of the subject company.

DISCLAIMERS

“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.”