Disclosure Document – Research Analyst
(As required under Regulation 18(3) of SEBI (Research Analysts) Regulations, 2014)
Name of RA / Brand: Vardaan Capital (Professional Identity of Mr. Sumit Kamblaykar)
SEBI Registration Number: INH000023047
Type of Registration: Individual Research Analyst
Disclosures
- Ownership & Interests
- I, Sumit Kamblaykar, operate as an individual SEBI-registered Research Analyst under the professional identity “Vardaan Capital.”
- I do not have any financial interest or beneficial ownership in the securities covered in my research reports.
- I do not hold more than 1% in the subject company’s shareholding at the time of publishing research.
- Conflicts of Interest
- There are no material conflicts of interest at the time of publication of research.
- Any potential conflict will be disclosed explicitly in the respective report.
- Compensation
- I have not received any compensation from the companies covered in research during the past 12 months.
- I have not managed or co-managed any public offering of securities for the subject company in the past 12 months.
- I have not received any compensation for investment banking or merchant banking activities.
- Associations
- I am an independent Research Analyst and not associated with any intermediary, stock exchange, or listed company.
- I am not engaged in market-making activities for any company.
- Certification
- I, Sumit Kamblaykar, hereby certify that all views expressed in the research report are true to my knowledge, based on information from reliable public sources, and represent my independent judgment.
General Disclaimer
- Research reports are meant for informational and educational purposes only and should not be treated as investment advice.
- Investors must consider risk factors, suitability, and their financial conditions before acting on any research recommendation.
- Past performance is not indicative of future returns.
- Vardaan Capital (as the professional identity of Sumit Kamblaykar) shall not be liable for any losses incurred from acting on research or opinions expressed.
- All research is prepared in compliance with SEBI (Research Analyst) Regulations, 2014, and relevant amendments.
Grievance Redressal
- Primary Contact: Rasaumit@gmail.com
- Escalation: If not resolved, complaints can be lodged on SEBI’s SCORES Portal: https://scores.sebi.gov.in
- Resolution Timeline: Within 21 days of receipt of grievance.
Sumit Kamblaykar
(Professional Identity: Vardaan Capital)
SEBI Registered Research Analyst
Registration No.: INH000023047
Disclaimer: Investment in securities markets is subject to market risks. Research recommendations are based on analysis and information believed to be reliable but are not guaranteed for accuracy or returns. Past performance is not indicative of future results. Investors should evaluate the suitability of any recommendation before investing