Terms & Condition:

1. LKP Securities Ltd is registered under the companies Act, 1956 and having its registered office at 203 Embassy Centre Nariman Point Mumbai- 400021 vide CIN: L67120MH1994PLC080039(herein after referred as “LKP”). LKP is a SEBI registered Research Analyst with registration number INH000001758.

2. LKP shall provide research recommendations only. The decision to execute the recommendations is completely at client’s discretion.

3. LKP shall provide technical and fundamental research reports/recommendations regarding particular industry, sector and companies for all individual as well as non–individual investors, which might commonly termed as securities analysis.

4. All investments in stock markets, commodities markets and any other financial instruments traded on the Exchange platforms are subject to the market risks and the returns may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates.

5. This service is not guaranteeing or assuring any kind of returns under any of the services subscribed by the clients.

6. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. The floating rate investments are subject to risks pertaining to Interest rate movement, spread movement, settlement and liquidity.

7. LKP research analyst shall not be liable for any direct or indirect, consequential or incidental damages or loss arising out of the use of the information given in the research reports/recommendations, on website, vie emails or through SMS.

8. LKP research analyst does not have affiliations with any intermediary and hence does receive any remuneration or compensation of any form from any other intermediary.

9. LKP research analyst and/or its associates do not hold beneficial ownership of 1% or more then that in the recommendations given in research report.

10. LKP research analyst and/or its associates do not have any financial interest in the subject company.

11. Further, LKP research analyst and/or its associates; do not have any material conflict of interest.

12. LKP research analyst certifies that no part of the compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in the recommendations provided.

13. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

14. LKP reserves the rights to terminate this agreement at any point of time without disclosing any reason.

15. The securities quoted are for illustration only and are not recommendatory.