Disclosure (Recommendations)

DISCLOSURES FOR RESEARCH SERVICES

• The Research Analyst refrains from trading in the recommended securities within 30 days before or 5 days after the publication of the research report.

• Outside the trading restriction window mentioned above, the Research Analyst may hold positions in the stocks, securities, and financial instruments discussed in the reports, or may buy or sell securities mentioned in the reports outside the trading restriction window.

• At the time of publishing the research report, the Research Analyst must disclose stock ownership.

• The research analyst does not provide recommendations on IPOs/Primary Market; all recommendations are for the Secondary Market exclusively.

• No actual or potential conflicts of interest exist from any connection or association with product/securities issuers. This includes any material information or facts that could compromise objectivity or independence in providing Research Analyst services. Any conflicts of interest will be disclosed to the client promptly.

• The Research Analyst has not managed or co-managed any public offerings for companies.

• The Research Analyst has not received compensation for investment banking, merchant banking, or brokerage services from the subject company.

• The Research Analyst has not received any compensation for products or services from the subject company.

• The Research Analyst has not received any compensation or other benefits from the Subject Company or 3rd party in connection with the research report/recommendation.

• The subject company was not a client of the Research Analyst preceding the date of recommendation services provided.

• The Research Analyst has not served as an officer, director, or employee of the subject company.

• The Research Analyst has not been engaged in the market-making activity of the subject company.

• The research analyst or their relative does not have a financial interest in the subject company. If there is an interest, it will be disclosed in the research report.

• The underlying research is based on facts, figures, and information considered true, correct, and reliable. The information is obtained from publicly available media or other sources believed to be reliable.

• The recommendations are prepared solely for informational purposes and do not constitute an offer document or solicitation to buy, sell, or subscribe to securities or other financial instruments for clients.

ANAND GANAPATHY K Finvezto Stock Research BSE Enlistment Number: 6213 Contact Number: [phone] Email: [e-mail] Registered Address: Cabin No 13, COQUB Coworking Space, S.No 16 2a, Service Road, Near Ring Road, Vanagaram, Ist Floor, CHENNAI, TAMIL NADU, 600095