Terms & Conditions

Registration & Compliance
Jai Shewaramani is registered with SEBI as a Research Analyst (RA) under Registration No. INH000010681 and BSE Enlistment No. 5665. All services provided are in compliance with SEBI regulations to ensure transparency and adherence to applicable guidelines.

Subscription & Acknowledgment
The client voluntarily subscribes to the research services at their own discretion. The Research Analyst (RA) ensures full compliance with SEBI regulations while rendering services to maintain integrity and fairness.

Client Information & KYC
Clients must provide complete and accurate details as required by SEBI. All Know Your Customer (KYC) records are collected, securely stored, and verified through the KYC Registration Agency (KRA) to meet regulatory requirements.

Terms of Service
The client acknowledges having read and understood SEBI (Research Analyst) Regulations, 2014, including the applicable fee structure. The research services are solely for personal benefit, and any reliance on research reports is at the client’s discretion. Investments made based on recommendations are subject to market risks, and there is no assurance of returns. The client agrees not to claim any losses incurred from investments made based on the research reports.

Research Analyst Declarations
Jai Shewaramani has been a SEBI-registered Research Analyst since November 9, 2022, and holds valid registration along with the necessary qualifications. There is no adverse disciplinary history or conflicts of interest. The maximum fee charged for research services is ₹1.51 lakhs per annum per family. It is explicitly stated that recommendations provided do not guarantee any returns.

Payment Terms
Clients must pay the agreed fees via approved payment methods, including Instamojo, Razorpay, NEFT, IMPS, and other accepted channels. A three-month advance payment may be collected based on mutual agreement between the client and the Research Analyst.

Risk Factors
Investments in securities markets carry inherent risks, and clients must acknowledge these risks before subscribing to services. SEBI registration of the Research Analyst does not assure performance or guarantee returns on investments.

Conflict of Interest
The Research Analyst strictly follows SEBI guidelines for disclosing conflicts of interest. Full disclosure of any potential conflicts is provided in research reports to ensure transparency and trust.

Termination & Refunds
The Research Analyst reserves the right to terminate services if SEBI registration is suspended or canceled. In such cases, clients will receive a pro-rata refund for the remaining subscription period, ensuring fairness in financial dealings.

Grievance Redressal
Clients can report grievances or concerns to compliance@optionsresearch.co.in. If the issue remains unresolved, it can be escalated to the grievance officer. All complaints will be addressed within seven business days in accordance with SEBI Research Analyst Regulations.

Confidentiality of Research Reports
Research reports are strictly for the subscriber’s personal use. Unauthorized distribution, reproduction, or sharing of these reports is strictly prohibited to maintain confidentiality and compliance with regulations.

Mandatory Compliance Guidelines
Clients must adhere to SEBI master circular SEBI/HO/MIRSD-POD-1/P/CIR/2024/49, which outlines compliance guidelines necessary for regulatory adherence.

Trading Restrictions
The Research Analyst is not authorized to execute or carry out trades on behalf of clients. Clients should not permit the RA to execute trades to maintain compliance with SEBI regulations.

Optional Fee Collection Mechanism
Clients have the option to use SEBI’s Centralised Fee Collection Mechanism (CeFCoM) for making payments. Detailed guidance on this mechanism will be provided at the time of subscription.

Use of Artificial Intelligence
The Research Analyst may utilize Artificial Intelligence (AI) tools to enhance research services while ensuring full compliance with SEBI regulations. Strict responsibility is maintained for data security, confidentiality, and integrity in AI-powered research processes.

Client Consent
No research service will be provided, and no fees will be charged unless the client has given explicit consent to these terms and conditions. This ensures a transparent and voluntary agreement between both parties.