Waya Financial Technologies Private Limited

SEBI Registered Research Analyst – INH000010876

waya@thewaya.com

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be delayed and/or not delivered to the customer's mobile phone/handset on certain days, owing to technical reasons and Waya Financial Technologies Private Limited and its proprietor, analysts, employees, cannot be held responsible for the same.

You should strictly abide with the consultation provided by the qualified research analyst/s at Waya Financial Technologies Private Limited and trade only as per the levels provided by us. Unlike an actual performance record, simulated results do not represent actual trading. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

You, and not Waya Financial Technologies Private Limited, assume the entire cost and risk of any trading you choose to undertake. You are solely responsible for making your own investment decisions. If you choose to engage in transactions with or without seeking advice from a licensed and qualified financial advisor or entity, then such decision and any consequences flowing there from are your sole responsibility. Waya Financial Technologies Private Limited or any employees are in no way liable for the use of the information by others in investing or trading in investment vehicles.

Waya Financial Technologies Private Limited, its management, its associate companies and/or their employees take no responsibility for the veracity, validity and the correctness of the expert recommendations or other information or research. Although we attempt to research thoroughly on information provided herein, there are no guarantees in consistency. The information presented in this report has been gathered from various sources believed to be providing correct information. Waya Financial Technologies Private Limited, group, companies, associates and/or employees are not responsible for errors, inaccuracies if any in the content provided in this report.

Waya Financial Technologies Private Limited has license to provide research advisory as a research analyst. Your use of this and all information contained on www.thewaya.com is governed by these Terms and Conditions of Use. This material is based upon information that we consider reliable, but we do not represent that it is consistent or complete, and that it should be relied upon, as such. You should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. By using www.thewaya.com including any software and content contained therein, you agree that use of the Service is entirely at your own risk. Waya Financial Technologies Private Limited is a registered research analyst. You understand and acknowledge that there is a very high degree of risk involved in trading securities. Waya Financial Technologies Private Limited makes no warranties and gives no assurances regarding the truth, timeliness, reliability, or good faith of any material posted on www.thewaya.com.

By visiting the website (www.thewaya.com) and reading/acting on this report as a visitor and/or as a subscriber, surfing and reading of the information on the website is the acceptance of this disclaimer and all other terms and conditions.

Waya Financial Technologies Private Limited strictly follows Trading Principle and Stop Loss Policy wherein Customer by default agree to not do/ enter any trade without Pre-Informed/ Defined Stop Loss. If you trade against the stop loss policy, you alone shall be responsible for the same & Waya Financial Technologies Private Limited shall have zero liability towards it.

Neither Waya Financial Technologies Private Limited nor its associates or the Research Analyst(s) or his/her relatives individually owns one per cent or more securities of the company(ies) covered under this report, at the relevant date as specified in the SEBI (Research Analysts) Regulations, 2014.

Research Analysts or their relatives; (a) do not have any financial interest in the company(ies) covered under this report or (b) did not receive any compensation from the company(ies) covered under this report, or from any third party, in connection with this report or (c) do not have any other material conflict of interest at the time of publication of this report. Research Analyst(s) are not serving as an officer, director or employee of the company(ies) covered under this report.

Trading recommendations based on quantitative analysis are based on index/stock’s momentum, price movement, trading volume and other volatility parameters, as opposed to study of macro-economic scenario and a company’s fundamentals. The trading calls and/or contents of this document are not made with regard to the specific investment objectives, financial situation or the particular needs of any particular person. Any action taken by you based on the aforesaid report and suffer adverse consequences or loss, you shall be solely responsible for the same. We expressly disclaim any liability and responsibility for any losses arising from any uses to which this communication is out.

Other Disclosures under RA Regulations,2014

There is no disciplinary action which is / was running / initiated against the Proprietor and there are no outstanding litigations against him. There are no financial dependant associates.

Securities Investments are subject to market risk, economic risk, interest rate risks, credit risks, political and geopolitical risks, currency risks, country risks and risks arising from changing business dynamics. The performance of company(ies) covered herein may be adversely affected by numerous factors including, for example,

(i) business, economic, and political conditions;

(ii) the supply of and demand for the goods and services produced, provided, or sold by such companies;

(iii) changes and advances in technology that may, among other things, render goods and services sold by the such companies obsolete; and

(iv) actual and potential competition from other companies, whether in India or abroad.

(v) Certain companies may need substantial additional capital to support growth or to achieve or maintain a competitive position. Such capital may not be available on attractive terms or at all.

(vi) adverse news about the company/sector,

(vii) poor results of the company

(ix) unforeseen force major events like war, hostilities, revolution, riots, civil commotion, strikes, lockouts, epidemic, fire, explosion, flood, earthquake, act of God, any act of Government or any such other cause. Hence, there is no assurance, insurance or guarantee that the forecast, recommendation, opinion, etc. given about the securities/companies in the report will be achieved.