Disclaimer

Research Analyst and Investment Adviser

YB Technologies Private Limited (“the Company”) is registered with the Securities and Exchange Board of India (SEBI) as a Research Analyst (Registration No. INH000029908) under the SEBI (Research Analysts) Regulations, 2014, and as an Investment Adviser (Registration No. INA000023223) under the SEBI (Investment Advisers) Regulations.

The Company operates its website, https://Yourarmor.ai (“Website”), through which it provides research-related information, research-based recommendations and investment advisory services, subject to the applicable regulatory framework and the terms and conditions communicated to clients.

1. General Risk Disclosure

• Investments in the securities market are subject to market risks. Investors are advised to read all relevant documents carefully before making any investment decision.
• Registration granted by SEBI, enlistment with an exchange, where applicable, and certification from NISM do not guarantee the performance of the Company or provide any assurance of returns to investors.
• Past performance is not indicative of future results. There is no assurance or guarantee that any research recommendation, investment strategy or advisory service will generate profits or achieve a particular investment objective.
• The securities quoted on the Website or in any material are for illustrative purposes only and shall not be construed as recommendations unless expressly identified as such in the relevant research report or communication.
• Investors should independently evaluate all relevant risks, their financial position, investment objectives, risk appetite and investment horizon before making investment decisions.

2. Research Analyst Services

• The Company provides research-based recommendations and research-related services in relation to securities and opportunities in the Indian securities market, including short-term and long-term research, subject to its SEBI registration and applicable regulations.
• Research recommendations may include buy, sell or hold views and are based on the Company's research, analysis and assessment at the relevant time.
• Research recommendations are not guarantees or assurances of profits or returns. Market conditions, volatility and other factors may affect the performance of any recommendation.
• Investors should carefully review the individual research reports, including the rationale, risks, disclosures and other relevant information, before acting upon any recommendation.
• The Company does not undertake to execute or operate clients’ trading or Demat accounts unless expressly permitted under applicable law and duly disclosed.

3. Investment Adviser Services

• The Company provides investment advisory services in accordance with its SEBI registration and the applicable SEBI (Investment Advisers) Regulations, including applicable requirements relating to client onboarding, risk profiling, suitability assessment, disclosures and advisory agreements.
• Investment advice is provided based on the relevant client's financial circumstances, investment objectives, risk profile and other information obtained in accordance with applicable regulations.
• Investment advice is intended to assist clients in making informed investment decisions and does not constitute any promise or guarantee of profits, fixed returns or recovery of losses.
• The Company does not guarantee that any investment strategy, portfolio or advisory recommendation will achieve a particular return or investment objective.
• Clients are advised to carefully consider the risks associated with the recommended investments and seek clarification regarding any aspect they do not understand before making investment decisions.

4. No Assurance or Guarantee of Returns

Neither the Research Analyst services nor the Investment Adviser services provided by the Company carry any assurance or guarantee of fixed, assured or predetermined profits or returns.

Any projections, estimates, targets, expected returns, historical performance figures or illustrative calculations, where provided, are not guarantees of future performance. Actual results may differ materially due to market conditions and other factors.

5. Accuracy and Completeness of Information

The Company endeavours to provide information that is accurate and relevant. However, the Company does not warrant that all information available on the Website, including news, pricing, statistics, analysis, research material and other data, is accurate, complete, current or free from errors.

Certain information and data may be obtained from third-party sources, including exchange-approved data vendors. Such information may not have been independently audited or validated by the Company.

Users and clients should independently verify relevant information before relying upon it for investment decisions.

6. Historical Performance and Illustrative Information

Information available on the Website, including recommendations, stock ratings, research rationale, past performance and historical returns, is provided subject to the nature and purpose of the relevant material.

Performance figures, where provided, may be calculated using a specified methodology and may not account for transaction charges, taxes, brokerage or other associated costs unless expressly stated.

Historical or hypothetical performance should not be regarded as a representation of actual future returns. Past performance does not guarantee or indicate future results.

7. Investment Decisions and Client Responsibility

All investment decisions should be made after considering the client's individual financial circumstances, investment objectives, risk tolerance, liquidity requirements and investment horizon.

Clients and investors are responsible for understanding the risks associated with their investment decisions and for reviewing relevant documents, disclosures, research reports, financial statements and other material information.

The Company does not guarantee the performance of any security, sector, industry, investment strategy or portfolio.

8. Derivatives and Other Complex Financial Instruments

Derivatives and other complex financial instruments involve substantial risks and may not be suitable for all investors.

Before entering into derivative transactions, investors should carefully assess the risks, including leverage, volatility, liquidity, potential losses and other relevant considerations, and ensure that they understand the nature of the instrument and the obligations involved.

9. Conflicts of Interest and Compensation Disclosures

The Company shall make applicable disclosures concerning ownership, material conflicts of interest, compensation and other relevant matters in accordance with the applicable regulatory requirements.

Clients and investors are advised to refer to the relevant research reports, advisory documents and other disclosures for further information.

Research analysts responsible for research recommendations certify that the information and opinions expressed in their research reports accurately reflect their personal views concerning the subject securities or companies, subject to applicable regulatory requirements.

10. No Execution or Distribution Compensation

The Company does not provide brokerage, merchant banking or investment banking services.

The Company has not partnered with third-party intermediaries for execution or distribution services, except where appropriately disclosed and permitted under applicable regulations. Any compensation or arrangement, where applicable, shall be disclosed in accordance with the relevant regulatory requirements.

11. No Unlawful Solicitation

The information and material available on the Website are not intended to constitute an offer, solicitation or recommendation to purchase or sell any security or financial product in any jurisdiction where such activity would be unlawful.

The Website and its contents should not be construed as creating any contractual relationship between the Company and a person merely by virtue of accessing the Website.

12. Limitation of Liability

To the extent permitted under applicable law, the Company shall not be responsible for losses arising solely from market fluctuations, changes in market conditions or investment decisions made by clients or users.

Nothing in this disclaimer shall exclude or limit any obligation, liability or responsibility that cannot lawfully be excluded or limited under applicable laws, SEBI regulations or the terms of a duly executed agreement.

13. Website Security and Technical Disclaimer

The Company endeavours to maintain the security and authenticity of the Website. However, the Company does not warrant that the Website will always be available, uninterrupted, secure or free from technical errors, viruses or unauthorised interference.

The Company shall not be responsible, to the extent permitted by applicable law, for loss or damage arising from unauthorised alteration, manipulation or corruption of information accessed through or downloaded from the Website.

14. Intellectual Property

The Website and its original content, including text, design, graphics, images, research material and other intellectual property, are owned by or lawfully licensed to the Company.

No part of such content may be copied, reproduced, distributed, transmitted, published or otherwise used without the Company's prior written consent, except as permitted under applicable law.

15. Regulatory Compliance

The Company shall conduct its Research Analyst and Investment Adviser activities in accordance with the applicable SEBI regulations, circulars, guidelines and other laws, as amended from time to time.

The services offered by the Company shall remain subject to the scope and conditions of its respective registrations and applicable regulatory requirements.

Important: Registration with SEBI does not guarantee the performance of the intermediary or provide any assurance of returns to investors.