DISCLAIMER

REGULATORY DISCLOSURES AND MARKET RISK DISCLAIMERS

MARKET RISK WARNING

Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

POSSIBILITY OF LOSS

Market risks may result in partial or permanent loss of investments under certain market conditions.

ILLUSTRATIVE PURPOSES ONLY

The securities mentioned on any social media platforms or in free groups are presented solely for illustrative purposes. They do not constitute investment advice or recommendations in any form.

SEBI REGISTRATION DISCLAIMER

Registration granted by SEBI, Enlistment with RAASB, and certification from NISM do not guarantee the performance of the intermediary nor assure returns to investors.

PAST PERFORMANCE WARNING

Past performance is not indicative of future results. Investments are subject to market risks, and historical returns should not be relied upon as a basis for future investment decisions.

RISK ASSOCIATED WITH OPEN POSITIONS

Our recommendations might include open positions without set stop-loss levels or target prices, exposing portfolios to significant losses from adverse market movements or unexpected events. Investors should recognize that the absence of predefined exit points heightens the risk of capital erosion, and it's advisable to exit securities at a 10-15% loss or profit without emotional attachment.

IMPORTANT NOTICE FOR INVESTORS AND TRADERS

Please do not ask about specific investment amounts, lot sizes, or prices for securities. Follow our portfolio allocations, group calls, and exit calls or positions when target or stop-loss prices are reached, as holding securities based on emotions can lead to significant losses.

Invest according to your own risk tolerance. We treat all users equally, but may offer discounts at our discretion for recurring subscribers or upon valid specific requests.

FEE PAYMENT & INVESTOR PROTECTION

(a) All service fees must be paid only via www.stocksbyporwal.com or verified bank/payment gateway channels/verified UPI.

(b) Centralized Fee Collection Mechanism (CeFCoM), if applicable.

NO WARRANTIES ON ACCURACY OR RESULTS

The research analyst or entity does not guarantee the accuracy, completeness, or reliability of any information or content on its platform or reports. This includes warranties related to merchantability, suitability for an investor's purpose, or non-infringement.

NO CLAIMS FOR LOSSES FROM RECOMMENDATIONS

By the nature of investment risk, investors cannot claim compensation for any losses incurred based on the research recommendations provided. All investment decisions and their consequences remain the sole responsibility of the investor.

OPTIONS TRADING RISK

These trades carry a high probability of total capital loss due to the leveraged and time-bound nature of derivatives. Investors must engage in Futures & Options (F&O) trading strictly in accordance with their personal risk appetite and financial capacity.

EXERCISE CAUTION

While we provide research analysis and securities-specific recommendations, we do not offer:

(a) Portfolio management services (PMS)

(b) Personalized account handling

(c) Profit-sharing arrangements

(d) Investment advisory based on individual risk profiling

Investors are responsible for their own investment decisions and should seek a registered investment adviser for personalized financial planning services.

REPORT UNETHICAL PRACTICES

We are committed to ethical research and transparent market practices. If you observe any misleading claims, unauthorized fee collection, or unethical conduct involving our services or brand:

(a) No third party or employee is authorized to offer return guarantees. Report any such activity to our Compliance Officer and SEBI immediately.

(b) If you engage with any unauthorized persons, including our employees or associates, or accept return guarantees without officially informing the company on stocksbyporwal@gmail.com, the company will not be liable for any resulting losses or liabilities.

(c) Reporting such incidents both internally (Compliance Officer) and to the regulatory authority (SEBI) is a critical step to help stop potentially illegal investment schemes.

Report directly to our Compliance Team: stocksbyporwal@gmail.com

Or contact SEBI Toll-Free: 1800 22 7575 or 1800 266 7575

DISCIPLINARY HISTORY STATEMENT

Aneesh Porwal and its Partners and associates have a clear and unblemished record.

(a) There have been no instances of disciplinary action, penalties, or sanctions levied or passed by any regulatory or administrative authorities against Aneesh Porwal, its Partners, or its associates.

(b) This statement is made in accordance with disclosure requirements for transparency and regulatory compliance as per SEBI (Research Analyst) Regulations, 2014.

RISK DISCLOSURES

Aneesh Porwal, along with its partners, employees, officers, and affiliates, shall not be held responsible for any loss, damage, or liability arising from any unintentional errors, omissions, or inaccuracies in the research reports or recommendations provided.

DISCLAIMER

Investors are solely responsible for all decisions taken based on the research reports or recommendations issued by Aneesh Porwal. All investments carry risk, and past performance or expert opinion does not guarantee future outcomes.

The courses, classes, workshops, seminars, webinars, videos, social-media content, study material, charts, examples, case studies and other educational content provided by Stocks By Porwal are intended solely for educational and informational purposes.

The Academy is engaged in providing education and training relating to financial markets, including concepts such as technical analysis, fundamental analysis, market structure, trading psychology, risk management, chart analysis and other market-related subjects.

The Academy does not provide personalized investment advice, portfolio management services, execution services, or any assurance of returns unless expressly stated and legally permitted under applicable laws and regulations. Nothing contained in our educational material should be construed as a recommendation, solicitation, offer or advice to buy, sell, hold or otherwise deal in any security or financial product.

Any stocks, securities, indices, charts, trading setups, strategies, examples, market views or scenarios discussed during our educational programs are provided strictly for the purpose of explaining concepts and demonstrating analytical techniques. They should not be interpreted as personalized recommendations or investment advice.

The financial markets involve substantial risk, and trading or investing may result in partial or complete loss of capital. Past performance, hypothetical examples, simulated results, historical returns or examples of successful trades do not guarantee or indicate future results. No representation or warranty is made regarding the accuracy, completeness or future performance of any strategy, setup, security or market view discussed.

Students and participants are solely responsible for their own investment and trading decisions. Before making any investment or trading decision, participants should independently evaluate the suitability and risks of such decision and, where appropriate, consult a SEBI-registered Investment Adviser or other appropriately qualified professional.

The Academy does not guarantee any specific profit, ret        urn, income, success rate, employment opportunity or trading performance as a result of participating in its programs.

Where any market information, data, charts or third-party material is used, it is provided for educational purposes and may be subject to errors, delays, omissions or changes. Participants should independently verify information before relying upon it.

No relationship of investment adviser, portfolio manager, broker, fiduciary or client is created merely by enrolling in or attending any course, seminar, workshop or educational session conducted by the Academy.

The Academy shall not be responsible for any financial loss, loss of profit, trading loss or other consequence arising from any action taken or decision made by a participant based on educational content, examples or information provided by the Academy, to the extent permitted by applicable law.

Participants acknowledge that they understand the risks associated with securities-market activities and agree that they are responsible for their own financial decisions.

Regulatory Note: The Academy does not represent itself as a SEBI-registered Investment Adviser or Research Analyst unless specifically stated along with the applicable registration details. Nothing in this disclaimer is intended to circumvent or override any applicable requirement under the Securities and Exchange Board of India Act, 1992, or applicable SEBI regulations, circulars, directions or other laws.

THE USE OF AI AND ALGO TOOLS IN RESEARCH AND ADVISORY SERVICES

Our Recommendations are based on technical and fundamental analysis, with some use of AI (Artificial Intelligence) and Algo Platforms.

(a) Our Responsibility for client data security, confidentiality, and compliance is upheld through the use of AI and Algo.

(b) AI and Algo trading risks include system vulnerabilities that can amplify errors. Strategies tailored from historical data may fail in changing market conditions, leading to losses.

(c) Handling sensitive data poses privacy and security risks, including potential breaches.

(d) Concerns include biased outputs, privacy violations, lack of transparency, data quality issues, complex models, technical problems, cybersecurity threats, API issues, data centre failed communications, and misleading results from poor data.

(e) Severe data glitches may result in significant losses related to your security or portfolio.

(f) There is no guarantee of success or return when acting on AI-generated or Algo-generated recommendations.

(g) You bear the full risk of any investment decisions made based on such advice.

(h) The provider is not liable for any losses or damages you may incur as a result of your actions taken as per AI recommendations.