SP Research Via

A. Vision and Mission Statements for investors



B.Details of business transacted by the Research Analyst with respect to the investors.

→To publish research report based on the research activities of the RA.

→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.

C. Details of services provided to investors (No Indicative Timelines)

→Onboarding of Clients.

→Disclosure to Clients.

→To maintain confidentiality w.r.t publication of the research report until made available in the public domain.

→To distribute research reports and recommendations to the clients without discrimination.

D. Details of grievance redressal mechanism and how to access it

° In case of any grievance / complaint, an investor should approach the concerned research analyst and shall ensure that the grievance is resolved within 30 days.

° If the investor’s complaint is not redressed satisfactorily, one may lodge a complaint with SEBI on SEBI’s SCORES portal which is a centralized web-based complaints redressal system.

° SEBI takes up the complaints registered via SCORES with the concerned intermediary for timely redressal. SCORES facilitates tracking the status of the complaint.

° With regard to physical complaints, investors may send their 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 - 400 051.

E. Expectations from the investors (Responsibilities of investors)


° Always deal with SEBI registered Research Analyst.

° Ensure that the Research Analyst has a valid registration certificate.

° Check for SEBI registration number.

° Please refer to the list of all SEBI registered Research Analysts which is available on SEBI website in the following link: https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=14

° Always pay attention towards disclosures made in the research reports before investing.

° Pay your Research Analyst through banking channels only and maintain duly signed receipts mentioning the details of your payments.

° Before buying securities or applying in public offer, check for the research recommendation provided by your research Analyst.

° Ask all relevant questions and clear your doubts with your Research Analyst before acting on the recommendation.

° Inform SEBI about Research Analyst offering assured or guaranteed returns.


° Do not provide funds for investment to the Research Analyst.

° Don’t fall prey to luring advertisements or market rumours.

° Do not get attracted to limited period discount or other incentive, gifts, etc. offered by Research Analyst.

° Do not share login credentials and password of your trading and demat accounts with the Research Analyst.