1. About the Research Analyst:
Mr. Sanat Indravadan Shah, Proprietor of Kaivalya Wealth Creators, is a SEBI registered Research Analyst having his registered office at SR 9/21A, 21B, 21C, 21D To 27, FL 34, Wing B, Kailash Kutir, Near Tatya Tope, Wanawadi, Pune, Maharashtra, 411040.
He was registered with SEBI as an Individual vide Registration Number INH000029069 on July 18, 2026, pursuant to which he provides Research Analyst services to his clients.
2. About the Research Analyst:
He has done Master of Commerce from University of Pune, Master in Management Science (International Finance), Post Graduate Diploma in Business Management (International Marketing), Post Graduate Diploma in Banking. With a strong analytical skill set, he excels in identifying investment ideas and implementing effective strategies.
3. Details of Business Activities:
He provides recommendations based on both fundamental and technical analysis. He also provides buy, sell and hold recommendations with a defined investment horizon.
4. Disciplinary History:
There are no outstanding litigations or no disciplinary history against him.
5. Terms and Conditions on which Research Report is being Issued:
He 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.
He 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.
He 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.
6. Financial Interest and Conflict of Interest:
7. Association with Other Intermediaries:
He or his associates are not affiliated with any other intermediaries or have received any brokerage or commission from any third party.
8. Compensation from the Company:
He or his associates have not received any compensation from the Company covered by Research Analyst during the past twelve months.
9. Public Offering:
He or his associates have not managed or co-managed public offering of securities of the Company during the past twelve months.
10. Association with the Company:
He 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.
11. Sources and Independent Evaluation:
He has 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.
12. Use of Artificial Intelligence:
He may use Artificial Intelligence tools for providing research services.
