Disclosures of all material information: BUDDHI PRAKASH KAROL: INH000018090
Business Activity:
“BUDDHI PRAKASH KAROL” is engaged in the business of Research Analyst activities by
providing Buy/Sell/Hold calls or other ratings defined to their clients.
“BUDDHI PRAKASH KAROL” is registered as a Research Analyst under SEBI (Research Analyst)
Regulations, 2014. SEBI Reg. No. INH000018090
Disciplinary History:
There has been no instance of any Disciplinary action, penalty, etc. levied/passed by any regulation/
administrative agencies against BUDDHI PRAKASH KAROL: INH000018090 and its Partners.
Terms & Conditions of issuance of Research Report issued by BUDDHI PRAKASH KAROL:
INH000018090:
The Research report is issued to the registered clients. The Research Report or Research
recommendations 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.
We have also reviewed the research report or Research recommendations for any untrue
statements of material facts or any false or misleading information.
The report or recommendations are prepared solely for informational purposes and do not constitute
an offer document or solicitation to buy or sell or hold or subscribe for securities or other financial
instruments for clients.
RISK Disclosures:
BUDDHI PRAKASH KAROL: INH000018090, its partners, 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 or research recommendations.
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 or Research recommendations do 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 or Research recommendations 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.
Disclosures with regard to ownership and material conflicts of interest:
BUDDHI PRAKASH KAROL: INH000018090 or its research analysts or his/her relative or
associate don’t have any direct or indirect financial interest in the subject company
BUDDHI PRAKASH KAROL: INH000018090 or its research analysts, or his/her relative or
associate don’t have any other material conflict of interest at the time of publication of the research
report.
BUDDHI PRAKASH KAROL: INH000018090 or its research analysts, or his/her relative or
associates don’t have actual ownership of 1% or more securities of the subject company
Disclosures with regard to ownership and material conflicts of interest:
BUDDHI PRAKASH KAROL: INH000018090 or its associates have received any compensation
from the subject company in the past twelve months: NO
BUDDHI PRAKASH KAROL: INH000018090 or its associates have managed or co-managed
public offering of securities for the subject in the past twelve months: NO
BUDDHI PRAKASH KAROL: INH000018090 or its associates have received any compensation for
investment banking or merchant banking or brokerage services from the subject company in the
past twelve months: NO
BUDDHI PRAKASH KAROL: INH000018090 or its associates have received any compensation for
products or services other than investment banking or merchant banking or brokerage services from
the subject company in the past twelve months: NO
BUDDHI PRAKASH KAROL: INH000018090 or its associates have received any compensation or
other benefits from the subject company or third party in connection with the research report: NO
The research analyst has not served as an officer, director, and employee of the subject company
BUDDHI PRAKASH KAROL: INH000018090 or its research analyst has been engaged in the
market-making activity for the subject company: NO
BUDDHI PRAKASH KAROL: INH000018090 or its associates have received any compensation
from the subject company in the past twelve months: NO