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

About Myself

Hitesh Chauhan (Proprietor of H2 INVESTMENT MANAGERS) is a Chartered Accountant and SEBI registered Research Analyst (INH000007030) and BSE Enlistment Number (5338). My SEBI Registration Licence is in INDIVIDUAL category. He has been associated with equity markets for more than 20 years in various capacities as equity adviser to various HNI’s and now a full-time investor and investment advisor.

About My Business Activity

H2 INVESTMENT MANAGERS believes in buying quality and growth companies at reasonable prices. This equity research service is focused on long-term wealth creation. They seek undervalued companies with huge growth potential. They invest in firms with strong fundamentals and balance sheets. with strong technical.

Please note, I do not provide any execution or distribution service. I am not affiliated to any broker, Mutual fund house or any other financial intermediary to promote or endorse their product & services. Furthermore, I am not registered as Investment advisor and do not provide any customized investment advisory service.

I only provide recommendation & research services within the framework of SEBI RA regulations.

Disciplinary History

There is no disciplinary history in my name, and there are no pending orders or outstanding litigations.

Terms And Conditions for Research Report

Disclosure with regard to ownership and material conflicts of interest

1. The Research Analyst or his relatives or associates do not have financial interest in the subject Company;

2. The Research Analyst or his relatives or associates do not have actual/beneficial ownership of one per cent or more securities of the subject Company, at the end of the month immediately preceding the date of publication of the research report;

3. The Research Analyst or his relatives or associates do not have any other material conflict of interest at the time of publication of the research report.

Disclosure with regard to receipt of Compensation

1. The Research Analyst or his associates have not received compensation from the subject Company in the past twelve months.

2. The Research Analyst or his associates have not managed or co-managed public offering of securities for the subject Company in the past twelve months.

3. The Research Analyst or his associates have not received any compensation for investment banking or merchant banking or brokerage services from the subject Company in the past twelve months.

4. The Research Analyst or his associates have not received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past twelve months.

5. The Research Analyst or his associates have not received any compensation or other benefits from the subject Company or third party in connection with the research report.

General Disclosure

1. The Research Analyst has not served as an officer, director or employee of the subject Company.

2. The Research Analyst has not been engaged in market making activity for the subject Company

Use of AI Tools in Providing research services

Use of Artificial Intelligence (AI) In an event we use AI tools (in whole or part) to generate or support research outputs, we shall remain solely responsible for the quality, accuracy, security, and confidentiality of data. We shall disclose the extent of AI usage to the Client when providing Services (or whenever material changes occur). We use open-source tools like Gemini, ChatGPT, etc. for Gathering information/data for Research report preparation.

Definitions of Terms Used in recommendation / Research report

Buy – Buy means that the stock recommended to be bought either at Market or at price or within price band mentioned in the recommendation. Stock to be bought at Market or Current Market price (CMP) must be bought immediately or near the closing time of market at closing price. Stock with limit price order or where buying price or price band is mentioned, such stock can be bought at the price or within the price band mentioned.

Sell / Target – Sell or target price is the price at which stock must be sold. For Stocks which have reached to their target price or trading above target price must be sold upon reaching the target price or price band mentioned.

Hold – Hold means that a stock may be held and no exit is required. Hold recommendation is given if stock has not achieved its mentioned target or hit the mentioned stop loss price. Hold recommendation can also be given in case if research analyst is of opinion that even after reaching the target price, the stock may go beyond target price due to change in circumstances.

Stop loss price – Stop loss is a price at which the stock must be exited or sold due to adverse situation or market move contrary to recommendation. When the stop loss price is reached, stock can be exited immediately or near the close of trading session at price which is near the closing price. Second scenario is mentioned given the fact that sometimes the stop loss price is reached due to intraday volatility of market but it recovers towards the end of session showing the strength of stock & in such case stock can be held. This mechanism helps the Investor from a wrong exit/ pre mature exit from stock. It must be noted, however, that if the stock is trading below/at stop loss near the closing trading time, then it must be exited.

Additional Disclosures

Brand Name/ Trade Name – H2 INVESTMENT MANAGERS

Complete address with telephone nos.

Add: FLAT 11, MUNISUVRAT APARTMENT, PANCHESHWAR TOWER ROAD, OPP. TRISHALI PAV BHAJI, JAMNAGAR, GUJARAT, 361001

Telephone No.- +91 8347266267

Warning –

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

Disclaimer –

“Registration granted by SEBI, Enlistment as RA with Exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.”