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Disclaimer and Disclosures

Disclaimer & Disclosures – City Equity Research

Market Risk Warnings

  • Market Risks: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
  • Loss Possibility: Market risks may result in partial or permanent loss of investments under certain market conditions.
  • Illustrative Purposes: Securities mentioned are for illustration only and are not recommendations.
  • SEBI Registration: Registration granted by SEBI and certification from NISM do not guarantee the performance of the intermediary nor assure returns to investors.
  • Past Performance: Past performance is not indicative of future results.
  • Educational Purposes: The information on social media is for educational purposes, not investment advice. Investors should consult their advisors before making decisions.
  • Risk in Open Positions: Our recommendations may be open; we may not provide any stop-loss or target price in securities recommendations. This may cause a significant loss on your portfolio in adverse market conditions or company events.

SEBI Specified Payment Mechanism

All fee payments for research services must be made through online mode and directly into the CITY EQUITY RESEARCH bank account. Payments made outside this mechanism are not considered as payment for services under SEBI regulations. No grievances in this regard will be entertained by SEBI or its recognised regulatory bodies.

No Warranties & Scope of Services

  • No Warranties: The Research Analyst does not guarantee the accuracy, results, or reliability of content on its website, including merchantability, suitability, and non-infringement.
  • Exercise Caution: We provide research analysis and specific securities recommendations but do not offer portfolio management services, personal account handling, profit sharing, or risk-profiling-based investment advisory services.

Report Unethical Practices

Report any unethical practices to our compliance team or to SEBI directly:

Grievance Redressal

Important Notice: If you are dissatisfied with our services, kindly raise your initial complaint with us first. If the issue remains unresolved after 7 days, or if you are still not satisfied with our response, you may escalate to SEBI.

Step 1 — Contact City Equity Research:

Step 2 — Escalate to SEBI (if unresolved after 7 days):

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Business Activity & SEBI Registration

CITY EQUITY RESEARCH is engaged in Research Analyst activities by providing Buy/Sell/Hold calls or other ratings to clients.

Registered as a Research Analyst under SEBI (Research Analyst) Regulations, 2014. SEBI Reg. No.: INH000012874

Disciplinary History

There has been no instance of any disciplinary action, penalty, or similar action levied or passed by any regulatory or administrative agency against CITY EQUITY RESEARCH (INH000012874), its partners, or associates.

Terms & Conditions of Research Reports

  • Research reports are issued to registered clients only.
  • Reports are based on facts, figures, and information considered true, correct, and reliable from publicly available data or other sources believed to be reliable.
  • All research reports are reviewed for untrue statements of material facts, or false or misleading information.
  • Reports are prepared solely for informational purposes and do not constitute an offer document or solicitation to buy, sell, hold, or subscribe for any securities or financial instruments.

Risk Disclosures

  • CITY EQUITY RESEARCH (INH000012874), its partners, employees, officers, and affiliates are not responsible for any loss or damage arising to any person due to any error in the information represented in research reports or recommendations.
  • Investors may lose part or all of their investment or portfolio under certain market conditions. Before acting on any advice or recommendation, investors should assess their risk appetite or consult a financial adviser.
  • Research reports and recommendations do not take into account any specific investment objective, goal, financial situation, or individual needs.
  • Clients obtaining research reports should act according to their own risk appetite and financial position, and should understand the risks involved in capital markets before making investments.

Ownership & Material Conflicts of Interest

  • CITY EQUITY RESEARCH (INH000012874) or its research analysts, or their relatives or associates, do not have any direct or indirect financial interest in the subject company.
  • CITY EQUITY RESEARCH (INH000012874) or its research analysts, or their relatives or associates, do not have any other material conflict of interest at the time of publication of the research report.
  • CITY EQUITY RESEARCH (INH000012874) or its research analysts, or their relatives or associates, do not hold actual ownership of 1% or more of the securities of the subject company.
Compensation and business relationship disclosures for City Equity Research INH000012874
Disclosure Item Status
Received any compensation from the subject company in the past twelve months No
Managed or co-managed public offering of securities for the subject company in the past twelve months No
Received compensation for investment banking, merchant banking, or brokerage services from the subject company in the past twelve months No
Received compensation for products or services other than investment banking, merchant banking, or brokerage services from the subject company in the past twelve months No
Received any compensation or other benefits from the subject company or third party in connection with the research report No
Research analyst has served as an officer, director, or employee of the subject company No
Engaged in market-making activity for the subject company No

Further Information

Visit our websites for full details on risks, disclosures, disclaimers, terms and conditions, refund policies, SEBI Research Analyst registration, and compliance officer details: