Compliance — SEBI Research Analyst INH000028723

Investor Charter

What you can expect from us, what we expect from you, and how to raise a complaint. SEBI requires every registered Research Analyst to publish it.

Your rights Disclosure of registration, fees, methodology and any analyst interest in a covered security.
A 21-day clock A written resolution not later than 21 days from receipt — the 2 Jun 2025 circular tightened this from 30.
Escalation SCORES 2.0 first, then Smart ODR for conciliation and arbitration.

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Grievance Redressal

File a complaint with our designated Grievance Officer, and see where every complaint we have received currently stands.

Named officer Ansh Jain — grievance@desvelado.in. Not a shared inbox.
Two clocks Acknowledged within 3 working days, resolved within 21 calendar days.
The monthly table The complaints position SEBI requires us to publish, computed from the register rather than typed.

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Disclosures

The mandatory disclosures under the SEBI (Research Analysts) Regulations, 2014 — conflicts, holdings, rating methodology and the terms on which research is produced.

Conflicts of interest What we earn from, what we do not, and what an analyst must declare.
Rating methodology What each rating means and on what basis a price target is set.
Analyst holdings Holdings and compensation declared in every report, not only here.

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SEBI Registration

Desvelado Advisory Private Limited is registered with SEBI as a Research Analyst, INH000028723, enlisted with BSE RAASB under 7338 — and what that does and does not mean for you.

What it permits Publishing investment research to a general audience.
What it does not Personalised advice on your holdings. That needs a separate registration we do not hold.
Not an endorsement Registration guarantees no performance and assures no return.

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Terms of Service

The terms governing your use of Desvelado's research and subscription services.

What you are buying Research, delivered to your subscription — not a managed account and not advice.
Fees and the ceiling How fees are charged, and the SEBI cap on individual and HUF clients.

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Privacy Policy

What personal information we collect, why we hold it, how long for, and what you can ask us to do with it.

Under the DPDP Act Consent is recorded with the wording that was shown, and a withdrawal is a new record rather than a deletion.
Retention Client records and research are kept for the period the RA Regulations prescribe.

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Accessibility Statement

We build to WCAG 2.1 Level AA. The 2025 charter gives investors a right to accessible services, including differently-abled investors.

What is in place Skip link, keyboard focus, labelled forms, contrast, reduced motion, and a text-scaling menu on every page.
Tell us what breaks A named contact for anything on this site you cannot use.

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Data & Account Deletion

How to ask us to delete your account and personal data, including from the Desvelado mobile app.

How to ask One request, in writing, with what we need to identify you.
What survives, and why Records the RA Regulations require us to retain are kept; the rest goes.

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Trial Terms

The terms on which the complimentary one-week research trial is provided.

One week, once One free week per email address, ever — a deleted record does not reset it.
Consent before research Clause 1.12 of the RA Master Circular requires consent before any research service, including a free one.

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Everything we have to publish. In one place.