Disclosures

Sagar Agarwal is registered with SEBI as an Individual Research Analyst under Registration No. INH000016436, dated June 21, 2024 with the registered address No House No. A -3/1, Rana Pratap Bagh, Malka Ganj, North Delhi, Delhi, National Capital Territory of Delhi - 110007. He provides Research Analyst services to clients under this registration.

Mr. Sagar Agarwal has done Bachelor of Arts from Delhi University. With a strong analytical skill set, he excels in identifying investment ideas and implementing effective strategies.

Mr. Sagar Agarwal provides research recommendations based on:

• Fundamental Analysis
• Technical Analysis

There are no outstanding litigations, and no disciplinary actions have been taken against Mr. Sagar Agarwal by SEBI or any other authority.

Mr. Sagar Agarwal has exercised due diligence in checking the correctness and authenticity of the information contained herein, so far as it relates to current and historical information, but does not guarantee its accuracy or completeness. The opinions expressed are based on my current research as of the date appearing in the material and may be subject to change from time to time without notice.

Mr. Sagar Agarwal does not accept any liability arising from the use of this document or the information contained herein. The recipients of this material should rely on their own judgment and take their own professional advice before acting on this information.

Mr. Sagar Agarwal shall not be in any way responsible for any loss or damage that may arise to any person/s from any inadvertent error in the information contained, views and opinions expressed in this publication.

Mr. Sagar Agarwal or his associates, including relatives:

• do not hold any financial interest in the Company.
• do not have any actual/beneficial ownership of more than 1% in the company.
• do not have any other material conflict of interest.

Mr. Sagar Agarwal or his associates are not affiliated with any other intermediaries or have received any brokerage or commission from any third party.

Mr. Sagar Agarwal or his associates have not received any compensation from the Company covered by Research Analyst during the past twelve months.

Mr. Sagar Agarwal or his associates have not managed or co-managed public offering of securities of the Company during the past twelve months.

Mr. Sagar Agarwal or his associates has not served as an officer, director or employee of the Company and has not been engaged in the market making activity of the Company.

Mr. Sagar Agarwal have ensured that the facts mentioned in the research report are taken from the reliable source and information. However, the investors are advised to independently evaluate the market conditions/ risks involved before making the investment decision.

Mr. Sagar Agarwal may use Artificial Intelligence (AI) tools as part of the research process to enhance analysis and efficiency.