Disclosure

Disclosure As Per Securities And Exchange Board Of India (Research Analysts) Regulations, 2014

About Myself

Nipunn Madan is a SEBI Registered Research Analyst with Registration No. INH000019947 and BSE Enlistment No. 6511. He has over 20 years of experience in Indian equity markets, specializing in research-driven stock selection, market analysis, and long-term wealth creation strategies. He is currently operating as an independent research analyst and a full-time market participant

About My Business Activity

At NIPUNN MADAN, we focus on buying quality, growth-oriented companies at reasonable prices with a long-term wealth creation approach. We seek undervalued companies with strong fundamentals, robust balance sheets, and sound technicals.

We do not offer execution/distribution services, nor are we affiliated with any broker, AMC, or financial intermediary. We are not registered as an Investment Advisor and do not offer customized financial advice.

All services are strictly within the SEBI RA regulatory framework.

Disciplinary History

No disciplinary actions, orders, or pending litigations exist in my name.

Terms and Conditions for Research Report

Disclosure Regarding Ownership & Material Conflicts

  1. No financial interest in the subject company by the Research Analyst or relatives/associates.
  2. No beneficial ownership of ≥1% of the securities in the subject company.

Disclosure Regarding Receipt of Compensation

  1. No compensation received from the subject company in the last 12 months.
  2. No participation in public offerings or investment banking assignments related to the subject company.
  3. No compensation for brokerage or product distribution.
  4. No third-party benefits received in relation to the research report.

General Disclosures

  1. The Research Analyst has not served as an officer, director, or employee of the subject company.
  2. No market-making activity in the subject company.

Use of AI Tools in Research

Tools like ChatGPT, Gemini, etc. are used solely for gathering public information and idea generation during report preparation.

Definition of Terms in Research Reports

Buy: Suggests purchasing immediately or near market close at the current price or within the recommended range.

Sell/Target: Indicates the level at which the stock should be exited.

Hold: Suggests retaining the stock unless a stop loss or target is triggered. Further upside may be possible based on revised outlook.

Stop Loss: The price level at which to exit due to negative developments. Exit can be intraday or near market close if the price holds below this level.

⚠️ Market Risk Warning

“Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.”

Contact Details

Name: Nipunn Madan

Registered Office: 99/1, Chander Nagar, Lucknow, Uttar Pradesh – 226005

SEBI Registration No.: INH000019947

Brand Name: Nipunn Madan

Email: nipunnmadan28@gmail.com

Phone: +91 7007652406