1. About the Research Analyst:
Arthasiddhi Equity Advisory Services is a Research Analyst having its registered office at 18/A/2 FT 16 Bopodi, Bombay,  Pune Road, Pune, Maharashtra, 411003.
Arthasiddhi Equity Advisory Services was registered with SEBI as an Non-Individual vide Registration number INH000021012 on June 17, 2025, pursuant to which it provides Research Analyst services to its clients.2

2. About the Research Analyst:
Mr. Ankit Porwal Partner of Arthasiddhi Equity Advisory Services has done Post Graduate Programme in Management from Indian Business Academy. With a strong analytical skill set, he excels in identifying investment ideas and implementing effective strategies.

3. Details of Business activities:
Arthasiddhi Equity Advisory Services provides recommendations based on both fundamental and technical analysis. It also provides buy, sell and hold recommendations on Listed Stocks, Futures and Options.

4. Disciplinary History:
There are no outstanding litigations or no disciplinary history against Arthasiddhi Equity Advisory Services.

5. Terms and Conditions on which Research Report is being issued:
Arthasiddhi Equity Advisory Services has exercised due diligence in checking the correctness and authenticity of the information contained herein, so far as it relates to current and historical information, but does not guarantee its accuracy or completeness. The opinions expressed are based on our current research as of the date appearing in the material and may be subject to change from time to time without notice.
Arthasiddhi Equity Advisory Services do not accept any liability arising from the use of this document or the information contained herein. The recipients of this material should rely on their own judgment and take their own professional advice before acting on this information.Arthasiddhi Equity Advisory Services shall not be in any way responsible for any loss or damage that may arise to any person/s from any inadvertent error in the information contained, views and opinions expressed in this publication.

6. Arthasiddhi Equity Advisory Services or its associates, including relatives-

• do not hold any financial interest in the Company.
• do not have any actual/beneficial ownership of more than 1% in the company.
• do not have any other material conflict of interest.

7. Arthasiddhi Equity Advisory Services or its associates are not affiliated with any other intermediaries or have received any brokerage or commission from any third party.

8. Arthasiddhi Equity Advisory Services or its associates have not received any compensation from the Company covered by Research Analyst during the past twelve months.

9. Arthasiddhi Equity Advisory Services or its associates have not managed or co-managed public offering of securities of the Company during the past twelve months.

10. Arthasiddhi Equity Advisory Services or its associates has not served as an officer, director or employee of the Company and has not been engaged in the market making activity of the Company.

11. Arthasiddhi Equity Advisory Services has ensured that the facts mentioned in the research report are taken from the reliable source and information. However, the investors are advised to independently evaluate the market conditions/ risks involved before making the investment decision.

12. Arthasiddhi Equity Advisory Services may use Artificial Intelligence tools for providing research services.