Disclaimer & regulatory disclosure
Last updated: March 2026. The statements below are provided in the first person by Yagnesh Purri, SEBI Registered Research Analyst (registration no. INH000025461), consistent with common research-analyst disclosure practice. Please verify registration details, dates, and statutory wording against your SEBI certificate and with your compliance advisor.
SEBI registration & services
I, Yagnesh Purri, am registered with SEBI as an Individual Research Analyst vide registration number INH000025461, pursuant to which I provide research analyst services to clients in accordance with applicable laws and regulations.
Correspondence
7, Kalhar VillaVastralAhmedabad, Gujarat 382618Market risks & documents
Investment in the securities market is subject to market risks. Read all related documents carefully before investing.
No guarantee of performance or returns
Registration granted by SEBI and certification from NISM in no way guarantees performance of the intermediary or provides any assurance of returns to investors.
Independence from intermediaries
I am not affiliated with any other intermediaries in a manner that compromises independence, and I do not receive any brokerage or commission from any third party in connection with the research services described on this website or associated channels.
Regulatory actions
To the best of my knowledge, SEBI has not issued penalties or directions against me under the SEBI Act in a manner that would require separate public disclosure here; if that changes, appropriate disclosure will be made as required by law.
Stock brokers & other intermediaries
I do not recommend any stock broker or other intermediary to a client, nor do I receive any consideration by way of remuneration, compensation, or in any other form whatsoever from any stock broker or another intermediary for such recommendation or referral.
Equity & information risk
Investment in equity shares has its own risks. Sincere efforts are made to present a fair investment perspective. The information contained herein is based on analysis and on sources that I consider reliable. I do not, however, vouch for the accuracy, consistency, or completeness thereof. This material is for personal information and education; I am not responsible for any loss incurred due to reliance on it and take no responsibility whatsoever for any financial profit or loss which may arise from any views or examples shared.
No assurance on sectors or outcomes
I do not provide any promise or assurance of a favourable view for a particular industry, sector, or business group in any manner. The investor is requested to consider all risk factors, including their financial condition and suitability of risk–return profile, before investing.
Personal / related-party positions
I or persons related to me may hold positions in securities that are discussed or referenced. Where required, such interests are disclosed in formal research documents. You should assume such a possibility for informal or educational content and exercise independent judgment.
Distribution of research & confidentiality
Research recommendations and materials are provided to clients who are entitled to receive them under the applicable terms. No client (paid or unpaid), third party, or any other person has the right to forward or share our calls, SMS, reports, or any information provided by us to anyone else through any medium, whether received directly or indirectly. Unauthorized distribution may result in serious legal action.
Opinions on specific positions
If a client seeks an opinion on a specific position, such suggestion or view shall, under any circumstances, be considered an opinion only and not personal investment advice. I am not liable for any losses whatsoever that the client may incur in acting on such an opinion.
Issuers & conflicts of interest
I do not have any association in any manner with any issuer of products or securities in a way that would create actual or potential conflicts of interest compromising the objectivity or independence of research services.
Trading risk & your responsibility
Stock trading is inherently risky, and you agree to assume complete and full responsibility for the outcomes of all trading decisions that you make.
Simulated or illustrative results
Unlike an actual performance record, simulated or illustrative results do not represent actual trading. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown in examples or case studies.
Limitation of liability
You, and not I, assume the entire cost and risk of any trading or investment activity you choose to undertake. You are solely responsible for your own investment decisions. If you choose to transact with or without seeking advice from a licensed and qualified financial advisor or entity, such decision and any consequences are your sole responsibility. I am not liable for the use of information by others in investing or trading in any investment vehicles.
Independent research
I encourage all users to use the content on this site and associated channels only as a resource to further their own research on companies, stocks, sectors, markets, and information presented.
Social media & digital channels
Everything posted on social media (including X/Twitter, Facebook, Telegram, YouTube, Instagram, and similar platforms) is for education and illustration only and must not be treated as a recommendation or investment advice unless expressly issued as formal research under applicable regulations.
Grievances
For grievances relating to research services, use the contact details on this website or the process set out in your subscription or engagement terms. You may also use SEBI's prescribed investor grievance mechanisms as applicable.