Research Disclaimer and Disclosure under SEBI (Research Analysts)
Regulations 2014
Research Services are under the banner of UMESH SHARMA SEBI
Registration-INH000015622
The report / information / opinions/buy/sell recommendations have been
prepared by me and are subject to change without any notice. The
report and information contained herein is strictly confidential and
meant solely for the selected recipient and may not be altered in any
way, transmitted to, copied or distributed, in part or in whole, to
any other person or to the media or reproduced in any form, without
prior written consent of me. The information provided in the Report is
from publicly available data, which I believe and reliable. While
reasonable endeavors have been made to present reliable data in the
Report so far as it relates to current and historical information, I
am not guaranteeing the accuracy or completeness of the data in the
Report. Accordingly, I or my relatives shall not be in any way
responsible for any loss or damage that may arise to any person from
any inadvertent error in the information contained, views and opinions
expressed in this publication.
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.
The Report also includes my analysis and views. The Report is purely
for information purposes and does not construe to be investment
recommendation/advice or an offer or solicitation of an offer to
buy/sell any securities. The opinions expressed in the Report are our
current opinions as of the date of the Report and may be subject to
change from time to time without notice. I / Or any persons connected
with me do not accept any liability arising from the use of this
document.
Investors should not solely rely on the information contained in this
Report and must make investment decisions based on their own
investment objectives, judgment, risk profile and financial position.
The recipients of this Report may take professional advice before
acting on this information.
This document is for private circulation & Educational Purpose only.
Neither the information nor any opinion expressed constitutes an
offer, or any invitation to make an offer, to buy or sell any
securities or any options, future or other derivatives related to such
securities. The investment advice or guidance provided by way of
recommendations, reports or other ways are solely the personal views
of the research analyst.
Users are advised to use the data for the purpose of information and
rely on their own judgment while making investment decisions. The
research recommendations and information are solely for the personal
information of the authorized recipient and does not construe to be an
offer document or any sort of investment, legal or taxation advice or
solicitation of any action based upon it. This report is not for
public distribution or use by any person or entity, where such
distribution, publication, availability or use would be contrary to
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requirement. We will not treat recipients as customer by virtue of
their receiving this report. The report is based upon the information
obtained from public sources that we consider reliable, but we do not
guarantee its accuracy or completeness.
Umesh Sharma shall not be in any way 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,
Umesh Sharma/ 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.
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Have not received any compensation from the subject company not
managed or co-managed public offering of securities for the subject
company.
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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 ·
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Have not served as an officer, director or employee of the subject
company.
"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.” “Past Performance does not provide the
Guarantee of Future Returns”