Disclosure Document
The particulars given in this Disclosure Document have been prepared in accordance with the SEBI (Research Analyst) Regulations, 2014. The purpose of this document is to provide essential information about the research and recommendation services offered by Stock Capital Life Research, to assist and enable the prospective client/client in making an informed decision before engaging in such services. For the purpose of this Disclosure Document, Stock Capital Life Research shall be referred to as the “Research Analyst”.
1.Descriptions about “ResearchAnalyst”
Terms and conditions of Research and
Recommendation Services are detailed in the
terms and condition document. Please refer to
the same for details.
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.
There are no pending material litigations or
legal proceedings, findings of inspections or
investigations for which action has been taken
or initiated by any regulatory authority
against the Research Analyst or its employees.
Details of its associates
No associates
3.Disclosures with respect to Research and
Recommendations Services
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The research analyst or research entity or
his associate or his relative do not have
financial interest in the subject company.
-
The research analyst or its associates or
relatives, do not have actual/beneficial
ownership of one per cent or more securities
of the subject company, at the end of the
month immediately preceding the date of
publication of the research report or date
of the public appearance.
-
The research analyst or his associate or his
relative do not have any other material
conflict of interest at the time of
publication of the research report or at the
time of public appearance.
-
The research analyst or its associates have
not received any compensation from the
subject company in the past twelve months.
-
The research analyst or its associates have
not managed or co-managed public offering of
securities for the subject company in the
past twelve months.
-
The research analyst or its associates have
not received any compensation for investment
banking or merchant banking or brokerage
services from the subject company in the
past twelve months.
-
The subject company was not a client
of Research Analyst or its employee or its
associates during twelve months preceding
the date of distribution of the research
report and recommendation services provided.
-
The research analyst or its associates have
not 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.
-
The research analyst or its associates have
not received any compensation or other
benefits from the subject company or third
party in connection with the research
report.
-
The research analyst has not been engaged in
market making activity for the subject
company.
-
The research analyst has not served as an
officer, director or employee of the subject
company.
-
The research analyst did not receive any
compensation or other benefits from the
companies mentioned in the documents or
third party in connection with preparation
of the research documents. Accordingly,
research Analyst does not have any material
conflict of interest at the time of
publication of the research documents.