Client Consent & Terms

Please read these terms carefully before subscribing to our services.

1. Availing the research services:

By accepting delivery of the research service, the client confirms that he/she has elected to subscribe to the research service of the RA at his/her sole discretion. RA confirms that research services shall be rendered in accordance with the applicable provisions of the RA Regulations.

2. Obligation on Research Analyst:

RA and client shall be bound by SEBI Act and all the applicable rules and regulations of SEBI, including the RA Regulations and relevant notifications of Government, as may be in force, from time to time.

3. Client Information and KYC:

The client shall furnish all such details in full as may be required by the RA in its standard form with supporting details if required, as may be made mandatory by RAASB/SEBI from time to time.

A) I / We have read and understood the terms and conditions applicable to a research analyst as defined under regulation 2(1)(u) of the SEBI (Research Analyst) Regulations, 2014, including the fee structure.

B) I/We are subscribing to the research services for our own benefits and consumption, and any reliance placed on the research report provided by the research analyst shall be as per our own judgment and assessment.

C) I/We understand that investment made based on recommendations is subject to market risk, recommendations do not provide any assurance of returns, and there is no recourse to claim any losses incurred.

4. Declaration from Paisapatam:

• We are duly registered with SEBI as Research Analyst under Registration No. from June 26, 2025
• Currently we have valid SEBI registration and have the required qualifications
• We have no material adverse disciplinary history or any conflicts of interest
• The maximum fee charged by the Research Analyst shall not exceed ₹1.51 lakhs per annum per family of clients
• The recommendations provided by us do not provide any assurance of returns

5. Consideration and mode of payment:

The client shall duly pay to RA, the agreed fees for the services that RA renders to the client and statutory charges, as applicable. Such fees and statutory charges shall be payable through the specified manner and modes communicated by the Research Analyst.

6. Risk Factors:

Investments in securities markets are inherently risky and subject to market dynamics. Registration granted by SEBI, Enlistment as RA with Exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

7. Conflict of Interest:

The Research Analyst adheres to SEBI's guidelines on the disclosure and mitigation of actual or potential conflicts of interest. Full disclosures are provided in each research report.

8. Termination of service and refund of fees:

The Research Analyst reserves the right to suspend or terminate the provision of research services to clients in the event of suspension or cancellation of its registration with SEBI. In case the certificate of registration is suspended for a period exceeding sixty (60) days or is cancelled, the Research Analyst shall refund the subscription fees to the client on a pro-rata basis.

9. Grievance redressal and dispute resolution:

For any support-related grievances, including issues related to non-receipt of reports or deficiencies in service, clients must email their concerns to . All grievances will be addressed within 7 (seven) business days or as per latest SEBI RA Regulations.

10. Use of Research Reports:

All research reports and related information are confidential and intended solely for the subscriber. Unauthorized distribution, reproduction, or use of these materials is strictly prohibited.

11. Mandatory Notice:

Clients shall be requested to go through Do's and Don'ts while dealing with RA as specified in SEBI master circular no. SEBI/HO/MIRSD-POD-1/P/CIR/2024/49 dated May 21, 2024 or as may be specified by SEBI from time to time.

12. Most Important Terms and Conditions (MITC):

• Investments in the securities market are subject to market risks
• Registration granted by SEBI does not guarantee performance
• The Fees paid are Non-Refundable (unless registration suspended/cancelled)
• Securities quoted are for illustration only and not recommendatory
• Past performance does not ensure future performance
• There is a possibility of communication failures via electronic means

13. AI and Algorithmic Trading Disclosure:

Our offerings may include the use of Artificial Intelligence (AI) and Algorithmic Trading tools. These tools do not guarantee profits or assured returns. Technical errors, broker-related issues, or extreme market volatility may impact effectiveness. We cannot be held responsible for errors from third-party providers or external factors beyond our control.