Disclosure

Shape Image One

Disclosure

SEBI Registration Details

Name: Neeraj Shah

Type: Individual Research Analyst

Registered with: Securities and Exchange Board of India (SEBI)

SEBI Registration Number: INH000026187

BSE Enlistment No.: 7080

NISM Series XV-RA Certificate No.: 2510198828

Valid until: June 18, 2028

Disciplinary History: No disciplinary action has been initiated or is pending against Neeraj Shah by SEBI or any other regulatory authority.

Business Activity

Neeraj Shah provides research and analytical services related to securities markets including equities, commodities, derivatives, and other market instruments.

Conflict of Interest Disclosure

Neeraj Shah may or may not hold positions in securities discussed in research reports or recommendations.

Appropriate disclosures shall be made wherever applicable.

Compensation Disclosure

Neeraj Shah receives fees from clients for providing research services and subscription-based research products.

No Association Disclosure

Neeraj Shah is not affiliated with SEBI, NSE, BSE, MCX, or any government authority.

AI Usage Disclosure

Shah Capital Research may use artificial intelligence (AI) based tools for limited purposes such as content drafting, data organization, grammar improvement, formatting, or research assistance. However, all research reports, recommendations, views, market opinions, and investment-related communications are reviewed, verified, and approved solely by the SEBI Registered Research Analyst before being shared with clients.

AI tools are not used for automated investment decision-making or generation of personalized investment advice without human review and supervision.

Risk Disclosure

Investments and trading in securities markets are subject to market risks including capital loss. Clients should carefully assess their risk appetite before acting upon any recommendation.

Use of Research

Research reports and recommendations are intended only for the subscribed client and should not be redistributed, copied, reproduced, or forwarded without prior written permission.