Disclaimer – Chander Surana – SEBI Registered Research Analyst – Reg. No. INH000008163

• Investments in the securities market are subject to market risks. Please read all related documents carefully before investing.

• Registration granted by SEBI, membership of a SEBI-recognized supervisory body (if any), enlistment with RAASB/BSE, and certification from NISM do not guarantee performance or returns to investors.

• Subscription fees paid for research recommendations are non-refundable, unless our registration is suspended or canceled by SEBI.

• There are no guaranteed returns, profits, or fixed returns in the stock market.

• Our fees/subscription charges are fixed, and we do not operate on any profit-sharing model.

• We do not manage client funds. All trades and investments must be executed in the client’s own account.

• No inducement is offered. Chander Surana shall not be held responsible for any financial or other loss incurred by the client.

• Invest or trade only as per your risk appetite and financial profile.

• Past performance does not guarantee future results. Market and stock performance may vary due to external factors and inherent risks.

• All research recommendations are confidential and intended only for paid members. Unauthorized sharing or distribution will be treated as a breach of confidentiality and may lead to legal action.

• Recommendations should not be used as the sole basis for any investment decision.

• The information provided does not consider individual investment objectives or financial conditions. Investors should seek professional financial advice before acting.

• Research and recommendations may be based on technical analysis, fundamental analysis, or a combination of both.

• The research analyst, associates, or relatives do not have any financial interest in the subject company.

• They do not hold beneficial ownership of one percent or more of the subject company’s securities at the end of the month preceding the report or appearance.

• There is no material conflict of interest for the research analyst or associates at the time of publication or appearance.

• The research analyst or associates have not managed or co-managed any public offering of securities for the subject company in the past twelve months.

• The research analyst or associates have not received any compensation or benefits from the subject company or any third party in connection with this report.

• The research analyst has not engaged in any market-making activities for the subject company.

• The research analyst has not served as an officer, director, or employee of the subject company within the past three years.

• Accordingly, the research analyst and entity declare no material conflict of interest at the time of publication.

For Compliance or Queries:

• Name: Chander Surana

• Email: chandersurana01@gmail.com

• Phone: +91 98331 81133

• SEBI Registered Research Analyst: INH000008163

• BSE Enlistment No: 5429