In accordance with Regulation 24(2) of the SEBI (Research Analysts) Regulations, 2014, we adhere to the following Code of Conduct in the conduct of our research activities.
The Research Analyst or Research Entity shall act honestly and in good faith.
The Research Analyst or Research Entity shall act with due skill, care, and diligence and shall ensure that research reports are prepared after thorough analysis.
The Research Analyst or Research Entity shall effectively address conflicts of interest that may affect the impartiality of its research analysis and research reports and shall make appropriate disclosures to address the same.
The Research Analyst or Research Entity, or its employees, shall not engage in insider trading or front running of its own research reports.
The Research Analyst or Research Entity, or its employees, shall maintain the confidentiality of research reports until such reports are made public.
The Research Analyst or Research Entity, or its employees engaged in research analysis, shall observe high professional standards while preparing research reports.
The Research Analyst or Research Entity shall comply with all regulatory requirements applicable to the conduct of its business activities.
The senior management of the Research Analyst or Research Entity shall bear primary responsibility for ensuring the maintenance of appropriate standards of conduct and adherence to proper procedures.
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