Disclosure and Conflict of Interest Statement
Alpha Core Research
SEBI Registered Research Analyst
Registration Number: INH000024301
Alpha Core Research operates as an independent SEBI-registered research analyst. We adhere to strict ethical standards and comply with all applicable regulatory guidelines while providing research and recommendation services.
Financial Interest Disclosure
The research analyst, research entity, associates, and relatives do not hold any financial interest in the companies discussed or analysed.
There is no actual or beneficial ownership of one per cent or more of the securities of the subject company as of the end of the month immediately preceding the publication of any research report or recommendation.
Relationship and Association Disclosure
Alpha Core Research has no business, personal, or professional relationship with any issuer of the securities or products mentioned in the research.
No association exists that could influence research opinions or impact the independence of analysis in any manner.
Conflict of Interest Declaration
The research analyst, associates, and relatives do not have any actual or potential conflict of interest.
No material information, relationship, or circumstance exists that could affect the objectivity, independence, or fairness of the research reports or investment recommendations provided.
Compensation and Remuneration Disclosure
Alpha Core Research has not received any remuneration, consideration, or benefit from the companies or securities covered in the research.
No compensation was received from the subject company during the twelve months preceding the publication or distribution of the research report or recommendation.
The research entity has not received any direct or indirect compensation from any third party in connection with the preparation or publication of research reports or investment recommendations.
Investment Banking and Advisory Disclosure
Alpha Core Research has not managed or co-managed any public issue or offering of the subject company during the last twelve months.
No investment banking, merchant banking, brokerage, or advisory services or compensation were received from the subject company during the same period.
Client and Employment Disclosure
The subject company was not a client of Alpha Core Research or its associates during the twelve months preceding the distribution of the research report or recommendation.
The research analyst and associates have never served as officers, directors, or employees of the subject company and have not engaged in any market-making activities related to the subject company.
Commitment to Transparency
Alpha Core Research remains fully committed to maintaining transparency, independence, objectivity, and investor trust at all times in accordance with SEBI regulations and best industry practices.


