Aashish Research Analyst (“Company”, “we”, “us”, or “our”) operates the website https://aashishresearchanalyst.coaam/ (the “Site”). We are a SEBI-registered research analyst (Registration No.INH000013174) and are committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your personal information when you visit our website or use our services. By accessing the Site, you consent to the practices described in this policy.

1. Information We Collect

We may collect the following types of personal and non-personal information:

• Personal Identification Information: Name, email address, phone number, date of birth, PAN, residential address, bank account details, trading account details, and any other information you voluntarily provide when registering, subscribing, or contacting us.
• Financial Information: Investment objectives, risk profile, existing portfolio details, and transaction history (where necessary for providing research services).
• Technical Data: IP address, browser type, operating system, device information, pages visited, time and date of access, and other diagnostic data collected via cookies and similar tracking technologies.
• Communication Data: Records of your correspondence with us, including emails, chat logs, and call recordings (where permitted by law).

2. How We Use Your Information

We use the collected information for the following lawful purposes:

• To provide, maintain, and improve our research reports, recommendations, and advisory services.
• To verify your identity and comply with SEBI’s Know Your Client (KYC) requirements.
• To process payments, issue invoices, and manage refunds (where applicable).
• To communicate with you regarding your account, service updates, and promotional offers (where consent is obtained).
• To respond to your queries, complaints, or grievances.
• To detect, prevent, and address technical, security, or fraudulent issues.
• To comply with legal obligations, court orders, or regulatory directives (e.g., SEBI, Income Tax authorities).

3. Legal Basis for Processing (for Indian Users)

Under Indian law, including the Information Technology Act, 2000 and the proposed Digital Personal Data Protection Act, we process your data based on:

• Consent: Where you have explicitly agreed to the collection and use of your data.
• Contract: Where processing is necessary for the performance of our service agreement with you.
• Legal Obligation: Where processing is required to comply with SEBI regulations, tax laws, or anti-money laundering rules.
• Legitimate Interests: For improving our services, preventing fraud, and ensuring network security.

4. Sharing Your Information

We do not sell, rent, or trade your personal information. However, we may share your data with:

• Service Providers: Third-party vendors who assist us with payment processing, email delivery, hosting, analytics, and customer support (they are contractually bound to protect your data).
• Regulatory Authorities: SEBI, stock exchanges, or government agencies when required by law or for investigation of suspected illegal activity.
• Professional Advisors: Lawyers, auditors, or insurers for risk management and compliance purposes.
• Business Transfers: In the event of a merger, acquisition, or asset sale, your information may be transferred (subject to same privacy protections).

5. Data Security

We implement reasonable physical, technical, and administrative security measures to protect your personal information, including:

• Encryption of sensitive data during transmission (SSL/TLS).
• Access controls and authentication mechanisms.
• Regular security audits and vulnerability scanning.
• Secure storage of physical records (where applicable).

However, no method of transmission over the Internet or electronic storage is 100% secure. While we strive to protect your data, we cannot guarantee absolute security.

6. Data Retention

We retain your personal information only for as long as necessary to:

• Fulfill the purposes outlined in this policy.
• Comply with SEBI record-keeping requirements (typically 8 years for client-related records).
• Resolve disputes and enforce our agreements.

Once the retention period expires, we will securely delete or anonymize your data.

7. Your Rights

Depending on applicable law (including the proposed Indian data protection regime), you may have the following rights:

• Right to Access: Request a copy of the personal information we hold about you.
• Right to Rectification: Correct inaccurate or incomplete data.
• Right to Erasure: Request deletion of your data (subject to legal retention requirements).
• Right to Withdraw Consent: Withdraw previously given consent at any time.
• Right to Grievance Redressal: Lodge a complaint with our Grievance Officer (details below).

To exercise these rights, please contact us using the details in Section 10.

8. Cookies and Tracking Technologies

We use cookies and similar technologies to enhance your browsing experience, analyze site traffic, and personalize content. You can control cookie preferences through your browser settings. Disabling cookies may affect certain features of the Site.

9. Third-Party Links

Our website may contain links to third-party websites (e.g., payment gateways, stock exchanges). We are not responsible for the privacy practices or content of such sites. We encourage you to read their privacy policies.

10. Grievance Officer & Contact Information

In compliance with SEBI (Research Analysts) Regulations, 2014 and the Information Technology Act, 2000, we have appointed a Grievance Officer to address your concerns:

Name: Aashish Rajput
Designation: Research Analyst
Email: Ashishrajputar93@gmail.com
Phone: 999563571
Address: House no 138, North West Delhi, Hiranki Delhi 110036, India

Time to respond: We will acknowledge your complaint within 24 hours and resolve it within 7 working days.

If you are not satisfied with our resolution, you may lodge a complaint on SEBI SCORES 2.0 platform (https://scores.sebi.gov.in) or with the National Stock Exchange / BSE as applicable.

11. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. Any changes will be posted on this page with a revised “Last Updated” date. We encourage you to review this policy periodically. Continued use of the Site after changes constitutes acceptance of the revised policy.

12. Jurisdiction

This Privacy Policy shall be governed by and construed in accordance with the laws of India. Any disputes arising under this policy shall be subject to the exclusive jurisdiction of the courts in Delhi.

Resume Installation

By using our website and services, you acknowledge that you have read and understood this Privacy Policy and agree to be bound by its terms.

This Refund Policy applies to all fees paid to Aashish Research Analyst (“Company”, “we”, “us”, “our”) for research reports, subscription plans, alerts, and any other services (collectively, “Services”) provided through our website https://aashishresearchanalyst.com/ (the “Site”).

1. General Policy – No Refund

By subscribing to our Services, you acknowledge and agree that:

• Our research reports, recommendations, and analysis are intangible, digital goods that are delivered immediately or shortly after payment.
• Once you receive access to our Services (including reports, login credentials, email/SMS alerts, or any proprietary content), you have effectively utilised the service.
• Therefore, all fees paid are non-refundable, except in the limited circumstances described in Section 2 below.

This no-refund policy is necessary because:

• Research and analysis have immediate value upon delivery.
• There is no way to “return” or “un-receive” the intellectual property provided.
• SEBI regulations do not mandate refunds for research services.

2. Limited Exceptions Where Refund May Be Considered

Notwithstanding the above, we may, at our sole discretion, consider a refund (full or partial) in the following exceptional cases:

The following are NOT eligible for refund:

• Change of mind or dissatisfaction with recommendations (past performance does not guarantee future results).
• Trading losses incurred while following our recommendations.
• Inability to trade due to personal reasons, technical issues on your end, or market closures.
• Partial usage of subscription period (e.g., you used 15 days of a 30-day plan and now want a refund for remaining days).
• Expiry of subscription without usage.

3. How to Request a Refund (for Eligible Cases Only)

If you believe your situation qualifies under Section 2 above, you must submit a refund request in writing within 7 days of the transaction date. Requests after 7 days will not be entertained.

To request a refund:

1. Send an email to: [Insert Refund Request Email Address]
2. Subject line: “Refund Request – [Your Registered Mobile Number/Email]”
3. Provide the following details:
   • Full name (as per KYC)
   • Registered email address and phone number
   • Transaction ID / Order ID
   • Date and amount of payment
   • Clear explanation of why you believe a refund is due (attach screenshots if applicable)

We will acknowledge your request within 2 working days and complete our review within 7 working days. If approved, the refund will be processed to the same payment method used originally within 7-10 working days.

4. Chargebacks & Dispute Resolution

If you initiate a chargeback with your bank or payment provider without first contacting us, we reserve the right to:

• Permanently suspend your access to all Services.
• Report the chargeback as a disputed transaction.
• Pursue legal remedies for recovery of fees if the chargeback is found to be unjustified.

We encourage you to contact us first to resolve any payment-related concerns.

5. Cancellation of Subscription

You may cancel your subscription at any time from your account dashboard or by emailing us. However, cancellation does not entitle you to any refund for the remaining period. Your access will continue until the end of the current billing cycle, after which it will not renew.

6. Modification of Refund Policy

We reserve the right to update this Refund Policy at any time. Changes will be posted on this page with an updated “Last Updated” date. Your continued use of our Services after changes constitutes acceptance of the revised policy.

These Terms & Conditions (“Terms”, “Agreement”) govern your access to and use of the website https://aashishresearchanalyst.com/ (the “Site”) and all research reports, recommendations, newsletters, alerts, and related services (collectively, “Services”) provided by Aashish Research Analyst (“Company”, “we”, “us”, “our”). By registering, subscribing, or using our Site or Services, you (“Client”, “User”, “You”) agree to be bound by these Terms. If you do not agree, please do not use our Site or Services.

1. Definitions

• “SEBI” means the Securities and Exchange Board of India.
• “Research Analyst” means the Company registered under SEBI (Research Analysts) Regulations, 2014.
• “Services” includes equity research reports, stock recommendations, target prices, stop-loss levels, market analysis, educational content, SMS/email alerts, and any other advisory or informational services provided by us.
• “Registered User” means a client who has completed KYC, paid applicable fees, and been granted access to our Services.

2. Eligibility & Registration

• You must be at least 18 years of age and legally capable of entering into a contract under the Indian Contract Act, 1872.
• You must provide accurate, complete, and up-to-date information during registration, including PAN, address proof, and contact details, as required under SEBI’s KYC norms.
• We reserve the right to reject any registration or suspend access if information is found false, incomplete, or non-compliant with regulatory requirements.

3. SEBI Compliance & KYC

We are a SEBI-registered Research Analyst (Reg. No. INH000013174). In compliance with SEBI regulations:

• We maintain records of all client communications and recommendations.
• We do not provide portfolio management services (PMS) or investment advisory services unless separately registered.
• We do not guarantee any returns or assure any profits.
• We follow strict conflict of interest policies as mandated by SEBI.

You agree to complete our KYC process before receiving any paid research services. We may request additional documents to verify identity, address, or financial status.

4. Services & Subscription

• Free Services: We may provide free research reports, market updates, or sample recommendations. These are for informational purposes only and may be discontinued at any time without notice.
• Paid Services: Detailed research reports, actionable recommendations, real-time alerts, and personalized analysis are available under paid subscription plans. Fees, duration, and scope will be as specified on our Site or in your subscription agreement.
• No Refund: Except as provided in our Refund Policy, subscription fees are non-refundable once paid.
• Service Modification: We reserve the right to modify, suspend, or discontinue any part of our Services without prior liability, subject to refunding unexpired subscription fees (at our discretion).

5. User Obligations

As a user, you agree:

• Not to redistribute our research reports, recommendations, or any proprietary content without written permission.
• Not to trade based solely on our recommendations without understanding the risks. You are solely responsible for your trading decisions.
• Not to misuse the Site for illegal activities, hacking, spamming, or uploading malicious code.
• Not to impersonate another person or provide false information.
• To comply with all applicable laws, including SEBI regulations, income tax laws, and anti-money laundering rules.

6. Fees & Payment Terms

• All fees are in Indian Rupees (INR) and exclusive of applicable taxes (GST, etc.).
• Payments must be made through the payment methods provided on our Site (UPI, net banking, credit/debit cards, etc.).
• We use third-party payment gateways. We are not liable for any issues arising from the gateway’s performance or data breach (though we choose reputed providers).
• Subscription renewals may be automatic unless you cancel before the renewal date. Cancellation policies are specified on your invoice or subscription plan.

7. Intellectual Property

All content on this Site, including but not limited to research reports, charts, text, graphics, logos, videos, software, and algorithms, is the exclusive property of Aashish Research Analyst or its licensors and is protected under Indian copyright, trademark, and intellectual property laws.

• You may not copy, reproduce, distribute, sell, lease, or create derivative works from our content without explicit written consent.
• You may print or download a single copy for personal, non-commercial use only.

Any unauthorized use may result in termination of your account and legal action.

8. Limitation of Liability

To the maximum extent permitted by law:

• The Company, its directors, employees, and affiliates shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising from your use of our Services, including trading losses, loss of profits, or data loss.
• Our total aggregate liability to you for any claim arising out of or relating to these Terms or our Services shall not exceed the total fees paid by you to us in the preceding six (6) months.

This limitation applies regardless of the legal theory (contract, tort, negligence, or otherwise).

9. Indemnification

You agree to indemnify, defend, and hold harmless Aashish Research Analyst, its directors, officers, employees, and agents from any claims, losses, damages, liabilities, costs, and expenses (including reasonable legal fees) arising from:

• Your violation of these Terms.
• Your misuse of our Services.
• Your violation of any applicable laws or third-party rights.
• Any trading or investment decision made by you based on our research.

10. Termination

We may terminate or suspend your access to our Site and Services immediately, without prior notice, for any reason, including:

• Breach of these Terms.
• Failure to pay applicable fees.
• Provision of false KYC information.
• Request by SEBI or any regulatory authority.

Upon termination, your right to use the Services ceases immediately. Any fees paid are non-refundable unless termination is due to our material breach.

You may terminate your subscription at any time by providing written notice, but no refund will be issued for the remaining subscription period.

11. Grievance Redressal

In compliance with SEBI (Research Analysts) Regulations, 2014 and the Consumer Protection Act, 2019, we have a grievance redressal mechanism. Please refer to our Complaint Policy page for the escalation matrix and contact details of our Grievance Officer.

If you are not satisfied with our resolution, you may lodge a complaint on SEBI SCORES 2.0 (https://scores.sebi.gov.in).

12. Force Majeure

We shall not be liable for any delay or failure to perform our obligations under these Terms due to events beyond our reasonable control, including but not limited to acts of God, war, terrorism, riots, strikes, internet outages, government orders, or regulatory changes.

13. Amendments to Terms

We reserve the right to update or modify these Terms at any time without prior individual notice. Changes will be effective immediately upon posting on this page, with a revised “Last Updated” date. Your continued use of our Site or Services after such changes constitutes your acceptance of the new Terms. It is your responsibility to review these Terms periodically.

14. Governing Law & Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of India. Any disputes arising out of or relating to these Terms or our Services shall be subject to the exclusive jurisdiction of the courts in Delhi.

15. Entire Agreement

These Terms, together with our Privacy Policy, Disclaimer, Refund Policy, and Investor Charter, constitute the entire agreement between you and Aashish Research Analyst regarding your use of our Site and Services, superseding any prior agreements.

Complaint & Compliance Data

Last Updated: 24-04-2026

1. Introduction

At Aashish Research Analyst (“Company”, “we”, “us”, “our”), we are committed to transparency, accountability, and timely grievance redressal. In compliance with SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/81 dated June 2, 2025, and the SEBI (Research Analysts) Regulations, 2014, we hereby disclose the data on complaints received against us and their redressal. This page is updated on or before the 7th day of every succeeding month.

2. SEBI Mandate on Complaint Disclosure

As per SEBI’s revised Investor Charter for Research Analysts, all registered Research Analysts must:

• Disclose monthly complaint data on their website and mobile applications in the prescribed format (Annexure B).
• Provide trend analysis of monthly and annual complaint disposal.
• Maintain a grievance redressal mechanism with defined timelines and escalation matrix.

This disclosure enables investors to assess our service track record and commitment to investor protection.

3. Monthly Complaint Data – [Insert Month, Year]

Data for the month ending [Insert Month, Year]

Notes:

• *Inclusive of complaints of previous months resolved in the current month.
• #Inclusive of complaints pending as on the last day of the month.
• ^Average Resolution Time is the sum total of time taken to resolve each complaint, in days, in the current month divided by total number of complaints resolved in the current month.

4. Trend of Monthly Disposal of Complaints

Notes:

• *Inclusive of complaints of previous months resolved in the current month.
• #Inclusive of complaints pending as on the last day of the month.

5. Trend of Annual Disposal of Complaints

Notes:

• *Inclusive of complaints of previous years resolved in the current year.
• #Inclusive of complaints pending as on the last day of the year.

6. Grievance Redressal Mechanism – Escalation Matrix

At Aashish Research Analyst, we have a structured grievance redressal mechanism in place as per SEBI guidelines.

Stage 1: Direct Complaint to the Research Analyst

If you have any grievance regarding our services, please contact us directly. We shall strive to redress your grievance immediately, but not later than 21 days of receipt of the grievance.

Contact Details:

• Grievance Officer: Ashish
• Designation: Compliance Officer
• Email: aashishresearchanalysis@gmail.com
• Phone: 99995 63571
• Address:Ho no 138, North West Delhi, Hiranki delhi 110036

Stage 2: Escalation to SEBI SCORES 2.0

If your grievance is not resolved within 21 days, or if you are not satisfied with our resolution, you may lodge a complaint on SEBI SCORES 2.0 – a web-based centralized grievance redressal system.

• Website: https://scores.sebi.gov.in

Stage 3: Escalation to RAASB (BSE Limited)

Unresolved complaints can also be escalated to the Research Analyst Administration and Supervisory Body (RAASB), which performs the first-level review of complaints against Research Analysts. The designated RAASB is BSE Limited.

Stage 4: Online Dispute Resolution (ODR) / SMARTODR Platform

If you remain dissatisfied after the above stages, you have the option to file your complaint on the SMARTODR platform (https://smartodr.in/login) for resolution through online conciliation or arbitration.

7. Compliance Officer Details

In compliance with SEBI (Research Analysts) Regulations, 2014 and the Information Technology Act, 2000, the following officer is responsible for ensuring compliance with regulatory requirements and handling investor grievances.

8. Investor Rights (Summary)

As an investor, you have the following rights when dealing with a SEBI-registered Research Analyst:

• Right to Privacy and Confidentiality
• Right to Transparent Practices
• Right to Fair and Equitable Treatment
• Right to Adequate Information
• Right to Initial and Continuing Disclosure

For detailed information, please refer to our Investor Charter page.

9. Important Note

• This complaint data page is updated monthly on or before the 7th day of each succeeding month, as mandated by SEBI.
• The tables above reflect the latest available data. Historical data is maintained and available upon request.
• In case of any discrepancy or grievance, please contact our Grievance Officer immediately.

This Disclaimer applies to the website https://aashishresearchanalyst.com/ (the “Site”), all research reports, recommendations, newsletters, emails, SMS alerts, and other services (collectively, “Services”) provided by Aashish Research Analyst (“Company”, “we”, “us”, or “our”). By accessing or using our Site or Services, you acknowledge and agree to the terms of this Disclaimer.

1. SEBI Registration & Regulatory Status

• SEBI Registration No.: INH000013174
• Registered Address:House no 138, North West Delhi, Hiranki Delhi 110036, India

We are a Research Analyst registered with the Securities and Exchange Board of India (SEBI) under the SEBI (Research Analysts) Regulations, 2014. Registration with SEBI does not imply endorsement of our services by SEBI nor does it guarantee the accuracy, adequacy, or quality of our research or recommendations.

2. No Investment Advice / Educational & Informational Purpose Only

All content, research reports, stock recommendations, target prices, stop-loss levels, charts, analysis, and opinions provided on this Site or through our Services are for educational and informational purposes only. They do not constitute:

• Investment advice, financial advice, or trading advice.
• An offer, solicitation, or recommendation to buy, sell, or hold any security, derivative, commodity, or financial instrument.
• Legal, tax, or accounting advice.

You should not rely solely on our research for making investment decisions. Your financial goals, risk appetite, and personal circumstances are unique. We strongly recommend consulting your personal financial advisor or investment advisor before acting on any information provided by us.

3. Market Risks – “Trading & Investing Involve High Risk”

Securities markets (equity, derivatives, commodities, currencies, etc.) are volatile and subject to market risks, including the possible loss of your entire principal capital. Past performance of any stock, sector, or strategy is not indicative of future results.

• There is no guarantee of profit or assurance against loss.
• Leveraged products (e.g., Futures & Options, margin trading) carry additional risks, including unlimited losses.
• You may lose more than your initial investment.

You are solely responsible for your own trading and investment decisions. The Company, its directors, employees, or associates shall not be held liable for any financial loss, damage, or claim arising from your use of our Services.

4. No Guarantee of Returns

We do not provide any assured or guaranteed returns. Any statements, projections, or forward-looking estimates (including target prices, expected returns, or probability of success) are based on our analysis, assumptions, and market conditions at the time. Actual results may differ materially due to unforeseen events, market volatility, regulatory changes, or errors in data. No representation is made that any client will or is likely to achieve profits or losses similar to historical examples or hypothetical scenarios.

5. Third-Party Data & Information

Our research may include data, news, or information sourced from third parties (e.g., stock exchanges, financial databases, news agencies). While we strive for accuracy, we do not independently verify all third-party data and make no warranty as to its completeness, reliability, or timeliness. We are not liable for any errors or omissions in such data.

6. Technical Issues & Website Availability

We do not guarantee that the Site or Services will be uninterrupted, error-free, or free from viruses or malicious code. We are not liable for any loss or damage arising from:

• Technical failures, server downtime, or internet connectivity issues.
• Delayed, undelivered, or incorrect SMS/email alerts.
• Unauthorized access to our systems or your account (provided we have implemented reasonable security measures).

7. Conflicts of Interest & Disclosure

The Company, its directors, analysts, or family members may have positions in the securities discussed in our research reports. However, we disclose such holdings where required by SEBI regulations. We manage conflicts of interest by:

• Maintaining physical and functional separation between research and trading desks.
• Prohibiting proprietary trading in contravention of our published recommendations.
• Ensuring that analyst compensation is not tied to specific recommendations.

Material conflicts of interest, if any, will be disclosed prominently in the relevant report or on this page.

8. Jurisdictional Limitations

Our Services are intended for residents of India only. We do not claim that the Site or its content is appropriate or lawful outside India. If you access our Site from outside India, you do so on your own initiative and are responsible for compliance with local laws.

9. No Liability for Consequential Damages

To the maximum extent permitted by law, the Company, its directors, officers, employees, and affiliates shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, trading losses, data loss, or goodwill, arising from:

• Your use or inability to use our Services.
• Any action taken by you based on our research.
• Any error, omission, or delay in our content.

10. Testimonials & Past Performance

Any client testimonials, case studies, or historical performance data displayed on our Site are for illustrative purposes only. They represent the experiences of specific clients and do not guarantee similar results for you. Past performance of our recommendations is not a reliable indicator of future performance.

11. Modification of Disclaimer

We reserve the right to modify, update, or replace this Disclaimer at any time without prior notice. Changes will be posted on this page with an updated “Last Updated” date. Your continued use of the Site or Services after any changes constitutes acceptance of the revised Disclaimer.

Investor Charter (As per SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/81 dated June 2, 2025)

A. Vision and Mission Statements for Investors

Vision: Invest with knowledge & safety.

Mission: Every investor should be able to invest in right investment products based on their needs, manage and monitor them to meet their goals, access reports and enjoy financial wellness.

B. Details of Business Transacted by the Research Analyst with Respect to Investors

• To publish research report based on the research activities of the Research Analyst.
• To provide an independent, unbiased view on securities.
• To offer unbiased recommendation, disclosing the financial interests in recommended securities.
• To provide research recommendation, based on analysis of publicly available information and known observations.
• To conduct audit annually.
• To ensure that all advertisements are in adherence to the provisions of the Advertisement Code for Research Analysts.
• To maintain records of interactions, with all clients including prospective clients (prior to onboarding), where any conversation related to the research services has taken place.

C. Details of Services Provided to Investors

1. Onboarding & KYC

• Onboarding of Clients.
• Sharing of terms and conditions of research services.
• Completing KYC of fee-paying clients.

2. Disclosures to Clients

• To disclose information that is material for the client to make an informed decision, including details of its business activity, disciplinary history, the terms and conditions of research services, details of associates, risks and conflicts of interest, if any.
• To disclose the extent of use of Artificial Intelligence tools in providing research services.
• To disclose, while distributing a third party research report, any material conflict of interest of such third party research provider or provide web address that directs a recipient to the relevant disclosures.
• To disclose any conflict of interest of the activities of providing research services with other activities of the research analyst.

3. General Services

• To distribute research reports and recommendations to the clients without discrimination.
• To maintain confidentiality with respect to publication of the research report until made available in the public domain.
• To respect data privacy rights of clients and take measures to protect unauthorized use of their confidential information.
• To disclose the timelines for the services provided by the research analyst to clients and ensure adherence to the said timelines.
• To provide clear guidance and adequate caution notice to clients when providing recommendations for dealing in complex and high-risk financial products/services.
• To treat all clients with honesty and integrity.
• To ensure confidentiality of information shared by clients unless such information is required to be provided in furtherance of discharging legal obligations or a client has provided specific consent to share such information.

D. Grievance Redressal Mechanism and How to Access It

1. Filing Complaint with the Research Analyst

In case of any grievance/complaint, an investor may approach Aashish Research Analyst who shall strive to redress the grievance immediately, but not later than 21 days of the receipt of the grievance.

Contact Details for Complaint:

• Email: aashishresearchanalysis@gmail.com
• Phone: 9999563571
• Address: House no 138, North West Delhi, Hiranki Delhi 110036, India

2. Filing Complaint on SCORES 2.0

SCORES 2.0 is a web-based centralized grievance redressal system of SEBI for facilitating effective grievance redressal in a time-bound manner. Investors may lodge their complaint at: https://scores.sebi.gov.in[reference:22]

Two-level review for complaint/grievance against Research Analyst:

• First review done by designated body (RAASB – BSE Limited)
• Second review done by SEBI

3. SMARTODR Platform

If the Investor is not satisfied with the resolution provided, the Investor has the option to file the complaint/grievance on SMARTODR platform (https://smartodr.in/login) for resolution through online conciliation or arbitration.

4. Physical Complaints

Investors may send their physical complaints to:

Office of Investor Assistance and Education, Securities and Exchange Board of India, SEBI Bhavan, Plot No. C4-A, ‘G’ Block, Bandra-Kurla Complex, Bandra (E), Mumbai – 400051.

E. Rights of Investors

• Right to Privacy and Confidentiality
• Right to Transparent Practices
• Right to Fair and Equitable Treatment
• Right to Adequate Information
• Right to Initial and Continuing Disclosure

F. Do’s and Don’ts for Investors

Do’s:

• Always deal with SEBI registered Research Analyst.
• Ensure that the Research Analyst has a valid registration certificate.
• Check for SEBI registration number.
• Inform SEBI about Research Analyst offering assured or guaranteed returns.

Don’ts:

• Do not provide funds for investment to the Research Analyst.
• Do not rely solely on research reports for investment decisions without understanding the risks involved.
• Do not share your trading credentials or passwords with the Research Analyst.

G. Disclosure of Investor Complaints (Mandatory Monthly Disclosure)

In compliance with SEBI circular, Aashish Research Analyst hereby discloses the data on complaints received against it and redressal thereof, as per the format below. This data is updated by the 7th of every succeeding month.

Complaint Data for the Month of [2025-2026]

Pending Complaints beyond 21 days: Nil

Average Resolution Time: N/A (No complaints received)