Disclosure Document

The particulars given in this Disclosure Document have been prepared in accordance with the SEBI (Research Analyst) Regulations, 2014. The purpose of the document is to provide essential information about the research and recommendation services to help prospective clients make an informed decision before investing. For this Disclosure Document, the Research Analyst is Ankit Rambabu Jaiswal, Trade Name: BullStockIndia (hereinafter the “Research Entity”).

About the Research Entity

History, present business, and background: The Research Entity is registered with SEBI as a Research Analyst with Registration No. INH000014049. The firm obtained registration on 15 December 2023, and is engaged in research and recommendation services. The Research Entity focuses on providing research and recommendations to clients, aligning its interests with those of the client and seeking to provide best-suited services.

Terms and conditions of research & recommendation services are detailed in the Terms & Conditions document. Please refer to that document for further details.

Disciplinary history

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 Entity, Research Analyst, or its associates or relatives.

Details of associates

No Associates.

Disclosures with respect to research & recommendations

• The Research Entity / Research Analyst / associate(s) / relative(s) may have financial interest or actual/beneficial ownership of 1% or more in the securities recommended, in its personal portfolio, at the end of the month immediately preceding the date of publication of the research report or date of public appearance. Details, if applicable, will be disclosed at the time of advice.
• There are no actual or potential conflicts of interest arising from any connection of the Research Entity / Research Analyst / associate(s) / relative(s) with any issuer of products/securities that might compromise objectivity or independence. Any such conflict, if it arises, shall be disclosed to the client.
• The Research Entity / Research Analyst / associate(s) have not received any remuneration or consideration from the products/securities recommended herein.
• The Research Entity / Research Analyst / associate(s) have not received any compensation from the subject company in the past 12 months.
• The Research Entity / Research Analyst / associate(s) have not managed or co-managed a public offering of the subject company in the past 12 months.
• The Research Entity / Research Analyst / associate(s) have not received compensation for investment banking, merchant banking, or brokerage services from the subject company in the past 12 months.
• The Research Entity / Research Analyst / associate(s) have not received any compensation or other benefits from the subject company or a third party in connection with the research report or recommendations.
• The subject company was not a client of the Research Entity / Research Analyst / associate(s) during the twelve months preceding the date of distribution of the research report and recommendation services.
• Research Analysts or their associates have not served as an officer, director, or employee of the subject company.
• Research Analysts have not engaged in market-making activity of the subject company.