Disclaimer

1. Nature of this website

Pasal Wealth publishes independent business analysis, company write-ups, and investor education content for general informational and educational purposes only. The content explains how businesses operate and what factors may matter in understanding them. It is not tailored to the objectives, financial situation, risk appetite, or needs of any individual reader.

Use of this website, including reading research, contacting us through WhatsApp or the contact form, or following our content on any platform, does not create an adviser–client, analyst–client, fiduciary, or any other professional relationship.

2. SEBI regulatory status

Pasal Wealth, its founders, authors, and contributors are not registered with SEBI as:

• an Investment Adviser under the SEBI (Investment Advisers) Regulations, 2013;
• a Research Analyst under the SEBI (Research Analysts) Regulations, 2014;
• a Portfolio Manager under the SEBI (Portfolio Managers) Regulations, 2020; or
• any other regulated intermediary under the Securities and Exchange Board of India Act, 1992 or rules and regulations made under it.

We do not issue research reports containing recommendations, target prices, ratings, or buy/sell/hold calls. We do not manage money, execute trades, or accept funds from any person for investment. We do not offer personalised advice, whether paid or unpaid.

Readers can verify whether any person offering investment-related services is SEBI-registered on the official SEBI website (sebi.gov.in) under the list of registered intermediaries.

3. No investment advice or solicitation

• Nothing on this website is investment, financial, legal, tax, or accounting advice.
• Nothing on this website is an offer, invitation, solicitation, or recommendation to buy, sell, subscribe to, or hold any security, derivative, mutual fund, or other financial product.
• Mention of any company, sector, or security is to illustrate business analysis only. It does not mean we consider the security suitable, attractive, or fairly priced.
• We do not provide tips, stock calls, entry or exit levels, stop-losses, price targets, or guaranteed or assured returns, and we do not run any paid or private group offering such services.
• Please be careful of anyone who uses the name Pasal Wealth to offer tips, group memberships, or investment schemes. We do not do so. Report such impersonation to us using the details in Section 13.

Before making any investment decision, please consult a SEBI-registered Investment Adviser or other qualified professional who can assess your own circumstances.

4. Risk disclosure

Investments in securities market are subject to market risks. Read all related documents carefully before investing.

• Investing in equity and other securities involves risk, including the possible loss of part or all of your capital.
• Small-cap, micro-cap, and thinly traded companies, which are often the subject of our research, can be more volatile, less liquid, and subject to greater business and governance risk than large companies.
• Past performance, historical financials, and business narratives do not guarantee or indicate future results.
• Derivatives, leveraged products, and short-term trading carry additional risks, and SEBI studies have reported that a large majority of individual traders in these segments incur losses.
• You alone are responsible for deciding whether an investment is suitable for you and for the consequences of that decision.

5. Disclosure of interest

Authors, founders, contributors, or their relatives or associates may hold, or may in future buy or sell, positions in securities of companies discussed on this website. Such holdings may change at any time and without notice, and may be inconsistent with the views expressed.

Where required or where we consider it appropriate, we will state specific holdings or interests within the relevant research note. Unless a note clearly says otherwise:

• Pasal Wealth has not received any compensation or consideration from any company, promoter, or third party for covering that company;
• Pasal Wealth has no investment-banking, merchant-banking, broking, or advisory relationship with the companies it covers; and
• content is not paid promotion, sponsored content, or advertising.

6. Accuracy of information and forward-looking views

Our content is based on publicly available information, including company filings, annual reports, exchange disclosures, investor presentations, management commentary, and third-party sources that we believe to be reliable. We have not independently audited this information, and we make no representation or warranty, express or implied, as to its accuracy, completeness, or timeliness.

Content may include opinions, estimates, assumptions, and forward-looking statements about a company's business, industry, or prospects. These are subject to risks and uncertainties, and actual results may differ materially. Views may change without notice, and we are under no obligation to update any content after publication. Please check the publication date of each article and verify facts and figures against primary sources, such as the company's filings on BSE and NSE, before relying on them.

7. Management commentary and company interactions

Where our content reports statements, answers, or views of company management, those are the statements of the respective management and are not verified or endorsed by Pasal Wealth. We do not seek or publish unpublished price sensitive information (UPSI) as defined under the SEBI (Prohibition of Insider Trading) Regulations, 2015. If you believe any content on this website contains UPSI, please tell us immediately so we can review and remove it.

8. AI-assisted content

Some content, summaries, or tools on this website may be produced or assisted by artificial intelligence. AI-generated material can contain errors, omissions, or outdated information. It is not reviewed by a SEBI-registered professional and must not be treated as investment advice or as a substitute for reading primary company documents.

9. Third-party content and links

This website may link to or refer to third-party websites, documents, social media platforms (such as LinkedIn), messaging services (such as WhatsApp), and data sources. We do not control, endorse, or take responsibility for their content, availability, or privacy practices. Your use of those services is governed by their own terms and policies.

10. Limitation of liability

To the fullest extent permitted by applicable law, Pasal Wealth and its founders, authors, contributors, and affiliates shall not be liable for any direct, indirect, incidental, consequential, or other loss or damage, including loss of capital, loss of profit, or loss of opportunity, arising from your use of, or reliance on, this website or its content, or from any error, omission, delay, or unavailability.

By using this website, you acknowledge that you have read and understood this disclaimer, that you are solely responsible for your own investment decisions, and that you do not rely on Pasal Wealth for investment advice. Nothing in this disclaimer excludes any liability that cannot be excluded under applicable law.

11. Intellectual property

Unless otherwise stated, the text, design, logos, and other original content on this website are owned by or licensed to Pasal Wealth and are protected under the Copyright Act, 1957 and other applicable Indian laws. You may read and share links to our content for personal, non-commercial use. You may not copy, republish, redistribute, sell, or create derivative works from it without our prior written permission, except as permitted by law. Third-party names, trademarks, and data belong to their respective owners.

12. Governing law and jurisdiction

This disclaimer and your use of this website are governed by the laws of India, including the Securities and Exchange Board of India Act, 1992, the Information Technology Act, 2000, and the Indian Contract Act, 1872. Subject to applicable law, the courts at Noida, Uttar Pradesh, India shall have exclusive jurisdiction over any dispute arising from or relating to this website.

This website is intended for persons in India. It is not directed at, and should not be used by, any person in any jurisdiction where its publication or use would be contrary to local law or regulation.

13. Contact and grievances

If you have a concern about our content, believe something is inaccurate, or want to report impersonation of Pasal Wealth, contact us through our contact page or on WhatsApp. Email: support@pasalwealth.in.

Because we are not a SEBI-registered intermediary, we are not a SEBI-regulated entity for complaint purposes. If you have a complaint about a SEBI-registered intermediary or a listed company, you can lodge it on SEBI's SCORES portal at scores.sebi.gov.in.

14. Changes to this disclaimer

We may update this disclaimer from time to time to reflect changes in our practices or in applicable law and SEBI regulations. The latest version is always available on this page, and continued use of the website after an update means you accept the revised disclaimer.