Disclaimer and Disclosure Statement
of Research Report / Recommendation

Research Analyst: Vijay Kumar Gupta
SEBI Registration Number: INH000020226

Disclaimer

Recommendations are based on information believed to be reliable.
Unless specified otherwise, recommendations follow a 12-month investment horizon.
Returns and ratings are based on absolute positive or negative returns.
Security prices may rise or fall based on market conditions.
Recommendations may be revised due to valuation changes, events, or lack of clarity.
Opinions are subject to change without prior notice.
Clients may incur partial or permanent loss under adverse market conditions.
No investment advisory or PMS services are provided.

Analyst Certification

I, Vijay Kumar Gupta, certify that this research report reflects my personal views and has been prepared using publicly available information believed to be reliable. My compensation has no direct or indirect relationship with the recommendations expressed.

Conflict of Interest Disclosures

No financial interest in the subject company
No ownership of 1% or more securities of the subject company
No material conflict of interest at the time of publication
No compensation received from the subject company
No market-making activity undertaken
Subject company was not a client in the past 12 months

Disciplinary History

There has been no disciplinary action, penalty, or regulatory order passed against Vijay Kumar Gupta (INH000020226).

Terms, Conditions & Risk Disclosures

Research reports are issued solely for informational purposes and do not constitute an offer or solicitation to buy, sell, or hold any securities. Investors should evaluate their risk appetite and consult a financial advisor before acting.

Warning: Investment in securities markets are subject to market risks. Read all related documents carefully before investing.

Past performance is not indicative of future results
Open recommendations may not carry stop-loss or target prices
Securities mentioned are for illustration only
Social media or video content is educational and not recommendatory

Use of Artificial Intelligence (AI)

Research may use AI-based tools alongside technical and fundamental analysis. AI involves risks such as data bias, system vulnerabilities, transparency limitations, and data security issues that may result in losses.

Model Portfolio Disclosure

Any model portfolio recommendations shall adhere strictly to SEBI Research Analyst Guidelines.

Other Disclosures

Trade Name / Website: www.VijayGuptaAdvisory.com
Validity: 08 April 2025 – Perpetual

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Phone: +91 79827 54456

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