Disclosure
The purpose of the document is to
provide essential information about the Research Services in a manner to assist
and enable the prospective client/client in making an informed decision for
engaging in Research services before onboarding.
·
History,
Present business and Background
Lokesh Sethia is registered with
SEBI as Research Analyst with registration no. INH100005233. The Research
Analyst got its registration on Sep 19, 2017 and is engaged in offering
research and recommendation services.
·
Terms
and conditions of Research Services
The Research Services will be limited
to providing independent research recommendation and shall not be involved in
any advisory or portfolio allocation services.
The Research Analyst never guarantees
the returns on the recommendation provided. Investor shall take note that
Investment/trading in stocks/Index or other securities is always subject to
market risk. Past performance is never a guarantee of same future results.
The Research Analyst shall not be
responsible for any loss to the Investors.
·
Disciplinary
history
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 there under
against the Research Analyst relating to Research Analyst services.
·
Details
of its associates
No associates
·
Disclosures
with respect to Research and Recommendations Services
Ø The Research Analyst or any of its officer/employee
does not trade in securities which are subject matter of recommendation.
Ø There are no actual or potential
conflicts of interest arising from any connection 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.
Ø Research Analyst or its employee or its
associates have not received any compensation from the company which is subject
matter of recommendation.
Ø Research Analyst or its employee or its
associates have not managed or co-managed the public offering of any company.
Ø Research Analyst or its employee or its
associates have not received any compensation for investment banking or
merchant banking of brokerage services from the subject company.
Ø Research Analyst or its employee or its
associates have not received any compensation for products or services other
than above from the subject company.
Ø Research Analyst or its employee or its
associates have not received any compensation or other benefits from the
Subject Company or 3rd party in connection with the research report/
recommendation.
Ø The subject company was not a client of
Research Analyst or its employee or its associates during twelve months
preceding the date of recommendation services provided.
Ø Research Analysts or its employee or
its associates has not served as an officer, director or employee of the
subject company.
Ø Research Analysts has not been engaged
in market making activity of the subject company.
·
Standard
Warning
“Investment in
securities market are subject to market risks. Read all the related documents
carefully before investing.”
·
Disclaimer
“Registration
granted by SEBI, and certification from NISM in no way guarantee performance of
the Research Analyst or provide any assurance of returns to investors.
