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Disclosure

Disclosures

A. Disclosures of All Material Information

1. Business Activity

Aditya Pawaskar (Niveshia) is engaged in the business of Research Analyst activities by providing Buy/Sell/Hold calls to their registered clients. Aditya Pawaskar is registered as a Research Analyst under SEBI (Research Analyst) Regulations, 2014. SEBI Reg. No. INH0000xxxxx

2. Disciplinary History

There has been no instance of any Disciplinary action, penalty, etc. levied/passed by any regulation/administrative agencies against Aditya Pawaskar.

3. Terms & Conditions of Issuance of Research Report

The Research report is issued to the registered clients. The Research Report is based on facts, figures, and information that are considered true, correct, and reliable. The information contained herein is from publicly available data or other sources believed to be reliable. The report is prepared solely for informational purposes and does not constitute an offer document or solicitation to buy or sell or hold or subscribe for securities or other financial instruments for clients.

4. Risk Disclosures

Aditya Pawaskar (Niveshia), its employees, officers, and its affiliates are not responsible for any loss or damage that may arise to any person for any nonchalant error in the information represented in the research report.

Investors may lose his/her entire amount or investments or portfolio under certain market conditions so acting on any advice or recommendations from research reports, Investors should understand their risk appetite or consult their financial advisers.

The research report does not take into account any specific investment objective, goal, or financial situation or any specific needs and objectives of any specific individual. The client obtaining the research report should act according to his/her own risk appetite and financial position and should also understand the risk involved in capital markets while making investments

B. Disclosures with Regard to Ownership and Material Conflicts of Interest

1. Aditya Pawaskar or his relative or associate has any direct or indirect financial interest in the subject company ? NO

2. Aditya Pawaskar or his relative or associate has any other material conflict of interest at the time of publication of the research report ? NO

3. Aditya Pawaskar or his relative or associates have actual ownership of one percent or more securities of the subject company ? NO

C. Disclosures with Regard to Receipt of Compensation

1. Aditya Pawaskar or his associates have received any compensation from the subject company in the past twelve months ? NO

2. Aditya Pawaskar or his associates have managed or co-managed public offering of securities for the subject in the past twelve months ? NO

3. Aditya Pawaskar or his associates have received any compensation or other benefits from the subject company or third party in connection with the research report ? NO

  • Disclosure: We may hold and trade in some stocks related to our recommendations, but our intention is educational not financial from those stocks. If any financial benefit arises in any form, it is purely coincidental.

D. Other Disclosures

  • Aditya Pawaskar has served as an officer, director, and employee of the subject company ? NO
  • Aditya Pawaskar has been engaged in the market-making activity for the subject company ? NO
  • Aditya Pawaskar or his associates have received any compensation from the subject company in the past twelve months ? NO
  • Aditya Pawaskar (Niveshia) Services Terms & Conditions apply as per the respective service plan.
  • Aditya Pawaskar (Niveshia) service is valid according to the respective plan from the payment date.
  • We will provide Buy/Sell/Hold calls based on Technical and Fundamental research analysis during the validity period.
  • The fees paid towards Aditya Pawaskar (Niveshia) services are non-refundable.
  • Investors are advised to act according to their risk appetite; we are not providing Investment Advisory Services.
  • All Buy/Sell/Hold call updates will be received through WhatsApp or Telegram when provided.

E. Risks Associated with the Securities Market

Some of the risks associated with the securities market that will adversely affect your investments and portfolio are:

1. Market Risk

Companies often disclose the risks associated with market volatility. “The company operates in a highly competitive industry, and its financial performance is subject to market fluctuations. Adverse changes in market conditions, such as changes in demand for our products or services, could negatively impact our revenue and profitability.”

2. Financial Risk

Companies may disclose their exposure to financial risks, such as currency risk or interest rate risk: “We have significant foreign currency exposure due to our international operations. Fluctuations in exchange rates could affect our financial results.”

3. Operational Risk

Companies may discuss risks related to their day-to-day operations: “Our manufacturing facilities are located in an area prone to natural disasters. Any disruption in our operations due to such events could result in production delays and financial losses.”

4. Regulatory Risk

Companies may highlight risks related to changes in regulations or legal proceedings: “The regulatory environment in which we operate is subject to change. New regulations or legal actions could impact our business operations and financial results.”

5. Competition Risk

Companies may discuss the competitive landscape and how it affects their business: “Our industry is highly competitive, with new entrants and existing competitors. Intense competition could lead to pricing pressures and reduced market share.”

6. Technology Risk

In technology-driven sectors, companies might address technology-related risks: “Our business relies heavily on technology platforms. Any cybersecurity breaches or technological failures could compromise our data security and reputation.”

7. Supply Chain Risk

Companies may disclose risks associated with their supply chain: “We source critical raw materials from a limited number of suppliers. Disruptions in the supply chain due to factors like supplier bankruptcy or geopolitical issues could impact our production.”

8. Environmental and Sustainability Risk

Companies may address environmental and sustainability concerns: “Environmental regulations are becoming more stringent. Non-compliance with environmental standards or reputational damage related to sustainability issues could harm our business.”

9. Credit Risk

For financial institutions, credit risk is a significant concern: “We have exposure to credit risk through our lending activities. Economic downturns or defaults by borrowers could lead to loan losses.”

10. Litigation Risk

Companies may disclose ongoing or potential legal actions: “We are currently involved in several legal proceedings. Unfavourable outcomes in these cases could result in financial liabilities.”

Research Analyst - ADITYA PAWASKAR INH0000XXXXX

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