Purpose of the Document

This Disclosure Document has been prepared to provide essential information about the research and recommendation services offered by Balaji Elite Research, in compliance with the SEBI (Research Analyst) Regulations, 2014. The purpose of this document is to help potential clients make an informed decision before subscribing to our research services.

Research Analyst Details

• Name of Research Analyst: Ms. Nikita Jain
• Entity Name: Balaji Elite Research
• SEBI Registration No.: INH000020606
• Registration Validity: June 02, 2025 – Perpetual
• Nature of Business: SEBI-registered Research Analyst providing independent research and recommendations in the Indian securities market.

Background and Business

Balaji Elite Research provides research-backed investment insights, technical and fundamental analysis, and market outlooks across digital and offline channels. Our aim is to offer reliable, data-driven recommendations aligned with a client’s financial objectives.

Terms & Conditions

The complete terms and conditions governing our services are available separately in our Terms & Conditions Document. Clients are advised to read and understand them fully before availing our services.

Past Conduct

• No penalties or directions have been issued by SEBI or any regulatory authority against Balaji Elite Research or the Research Analyst.
• There are no material legal proceedings, ongoing disputes, or regulatory actions pending against the Research Analyst or any associated personnel.

Details of Partners or Associates

Balaji Elite Research operates as an individual/sole-proprietor entity. There are currently no partners or associates involved in the research function.

Conflict of Interest Disclosure

• The Research Analyst or associates may hold positions in securities covered under research recommendations; such holdings will be disclosed when applicable.
• Currently, there are no known conflicts of interest affecting the objectivity or independence of our research services.
• The Research Analyst or employees have not received compensation from subject companies in the past 12 months.
• We have not managed or co-managed any public offerings of subject companies in the past 12 months.
• No remuneration, gifts, or benefits have been received from subject companies or third parties in relation to research recommendations.
• We do not act as officers, directors, or employees of any subject company.
• We are not engaged in market-making activities for any subject company.

Disclaimer

• Investment in securities markets is subject to market risks. Balaji Elite Research does not guarantee profits or returns.
• Clients should read all research reports carefully and make investment decisions independently or after consulting a registered financial adviser.
• Research and recommendations are prepared using publicly available information and internal analysis believed to be reliable but not guaranteed for accuracy or completeness.

Usage & Copyright

All rights to research content, website materials, and communication belong to Balaji Elite Research. Unauthorized sharing, reproduction, or redistribution of our research or proprietary information is strictly prohibited and may result in legal action.