SEBI Registration & Analyst Details

Research Analyst: Yashdeep Kothari. SEBI Registration No.: INH000021270. Enlistment Number: 6575. Registered Office: 16 Mograwadi, near Gulab Bagh, Udaipur, Rajasthan 313001. All research reports and opinions provided originate solely from the above entity and comply with SEBI (Research Analyst) Regulations, 2014.

No employee, associate, or relative holds any financial interest or beneficial ownership exceeding the regulatory thresholds in any securities covered herein. No related party of the analyst is the subject of any conflict of interest at the time of publication. If such a conflict arises, it will be promptly disclosed.

Kothari Research and Yashdeep Kothari are not part of any investment advisory entity, do not provide portfolio management, and do not receive compensation from any third party regarding stock recommendations. All opinions expressed are independent, and no compensation, directly or indirectly, is received in return for research recommendations.

Research Report Disclosures

No part of this research report is reproduced or distributed without express written consent. No analyst nor any direct family member or associate has any actual or potential conflict of interest related to the securities mentioned herein at the time of publication.

Kothari Research and its analyst do not own 1% or more in the securities recommended. No compensation was received from companies mentioned, nor are any business or material relationships maintained with such entities. Updates will be provided if any report subject forms part of a new advisory, compensation, or material relationship.

Kothari Research has not received any compensation for merchant banking, investment banking, or brokerage services from the issuers in the past 12 months. Any material change leading to a conflict or compensation arrangement will be disclosed promptly and explicitly, in compliance with SEBI rules.

General Risk Warning

Investing in the securities market is subject to market risks. Please read all related documents and disclosures carefully before investing. Past performance is not indicative of future results, and all investments are subject to risks, including the possible loss of principal.

The information provided by Kothari Research is for informational purposes only and should not be construed as investment advice or a solicitation to engage in investment activities. You are advised to consult with a certified financial professional before making any investment decisions.

Kothari Research, Yashdeep Kothari, and related parties expressly disclaim all liability for losses or damages arising out of any person acting upon or relying on any information provided on this website or in any research report.SEBI Registration & Analyst Details

Research Analyst: Yashdeep Kothari. SEBI Registration No.: INH000021270. Enlistment Number: 6575. Registered Office: 16 Mograwadi, near Gulab Bagh, Udaipur, Rajasthan 313001. All research reports and opinions provided originate solely from the above entity and comply with SEBI (Research Analyst) Regulations, 2014.

No employee, associate, or relative holds any financial interest or beneficial ownership exceeding the regulatory thresholds in any securities covered herein. No related party of the analyst is the subject of any conflict of interest at the time of publication. If such a conflict arises, it will be promptly disclosed.

Kothari Research and Yashdeep Kothari are not part of any investment advisory entity, do not provide portfolio management, and do not receive compensation from any third party regarding stock recommendations. All opinions expressed are independent, and no compensation, directly or indirectly, is received in return for research recommendations.

Research Report Disclosures

No part of this research report is reproduced or distributed without express written consent. No analyst nor any direct family member or associate has any actual or potential conflict of interest related to the securities mentioned herein at the time of publication.

Kothari Research and its analyst do not own 1% or more in the securities recommended. No compensation was received from companies mentioned, nor are any business or material relationships maintained with such entities. Updates will be provided if any report subject forms part of a new advisory, compensation, or material relationship.

Kothari Research has not received any compensation for merchant banking, investment banking, or brokerage services from the issuers in the past 12 months. Any material change leading to a conflict or compensation arrangement will be disclosed promptly and explicitly, in compliance with SEBI rules.

General Risk Warning

Investing in the securities market is subject to market risks. Please read all related documents and disclosures carefully before investing. Past performance is not indicative of future results, and all investments are subject to risks, including the possible loss of principal.

The information provided by Kothari Research is for informational purposes only and should not be construed as investment advice or a solicitation to engage in investment activities. You are advised to consult with a certified financial professional before making any investment decisions.

Kothari Research, Yashdeep Kothari, and related parties expressly disclaim all liability for losses or damages arising out of any person acting upon or relying on any information provided on this website or in any research report.SEBI Registration & Analyst Details

Research Analyst: Yashdeep Kothari. SEBI Registration No.: INH000021270. Enlistment Number: 6575. Registered Office: 16 Mograwadi, near Gulab Bagh, Udaipur, Rajasthan 313001. All research reports and opinions provided originate solely from the above entity and comply with SEBI (Research Analyst) Regulations, 2014.

No employee, associate, or relative holds any financial interest or beneficial ownership exceeding the regulatory thresholds in any securities covered herein. No related party of the analyst is the subject of any conflict of interest at the time of publication. If such a conflict arises, it will be promptly disclosed.

Kothari Research and Yashdeep Kothari are not part of any investment advisory entity, do not provide portfolio management, and do not receive compensation from any third party regarding stock recommendations. All opinions expressed are independent, and no compensation, directly or indirectly, is received in return for research recommendations.

Research Report Disclosures

No part of this research report is reproduced or distributed without express written consent. No analyst nor any direct family member or associate has any actual or potential conflict of interest related to the securities mentioned herein at the time of publication.

Kothari Research and its analyst do not own 1% or more in the securities recommended. No compensation was received from companies mentioned, nor are any business or material relationships maintained with such entities. Updates will be provided if any report subject forms part of a new advisory, compensation, or material relationship.

Kothari Research has not received any compensation for merchant banking, investment banking, or brokerage services from the issuers in the past 12 months. Any material change leading to a conflict or compensation arrangement will be disclosed promptly and explicitly, in compliance with SEBI rules.

General Risk Warning

Investing in the securities market is subject to market risks. Please read all related documents and disclosures carefully before investing. Past performance is not indicative of future results, and all investments are subject to risks, including the possible loss of principal.

The information provided by Kothari Research is for informational purposes only and should not be construed as investment advice or a solicitation to engage in investment activities. You are advised to consult with a certified financial professional before making any investment decisions.

Kothari Research, Yashdeep Kothari, and related parties expressly disclaim all liability for losses or damages arising out of any person acting upon or relying on any information provided on this website or in any research report.SEBI Registration & Analyst Details

Research Analyst: Yashdeep Kothari. SEBI Registration No.: INH000021270. Enlistment Number: 6575. Registered Office: 16 Mograwadi, near Gulab Bagh, Udaipur, Rajasthan 313001. All research reports and opinions provided originate solely from the above entity and comply with SEBI (Research Analyst) Regulations, 2014.

No employee, associate, or relative holds any financial interest or beneficial ownership exceeding the regulatory thresholds in any securities covered herein. No related party of the analyst is the subject of any conflict of interest at the time of publication. If such a conflict arises, it will be promptly disclosed.

Kothari Research and Yashdeep Kothari are not part of any investment advisory entity, do not provide portfolio management, and do not receive compensation from any third party regarding stock recommendations. All opinions expressed are independent, and no compensation, directly or indirectly, is received in return for research recommendations.

Research Report Disclosures

No part of this research report is reproduced or distributed without express written consent. No analyst nor any direct family member or associate has any actual or potential conflict of interest related to the securities mentioned herein at the time of publication.

Kothari Research and its analyst do not own 1% or more in the securities recommended. No compensation was received from companies mentioned, nor are any business or material relationships maintained with such entities. Updates will be provided if any report subject forms part of a new advisory, compensation, or material relationship.

Kothari Research has not received any compensation for merchant banking, investment banking, or brokerage services from the issuers in the past 12 months. Any material change leading to a conflict or compensation arrangement will be disclosed promptly and explicitly, in compliance with SEBI rules.

General Risk Warning

Investing in the securities market is subject to market risks. Please read all related documents and disclosures carefully before investing. Past performance is not indicative of future results, and all investments are subject to risks, including the possible loss of principal.

The information provided by Kothari Research is for informational purposes only and should not be construed as investment advice or a solicitation to engage in investment activities. You are advised to consult with a certified financial professional before making any investment decisions.

Kothari Research, Yashdeep Kothari, and related parties expressly disclaim all liability for losses or damages arising out of any person acting upon or relying on any information provided on this website or in any research report.