Legal

Disclaimer

Effective 27 May 2026

Please read this disclaimer carefully before using Verdikt (verdiktresearch.com, together with all associated applications and services, the “Service”). Your use of the Service is governed by our Terms of Service, Privacy Policy, and Refund Policy, each of which is incorporated here by reference.

1. Not SEBI-registered

Verdikt is not registered with the Securities and Exchange Board of India (SEBI) as an Investment Adviser under the SEBI (Investment Advisers) Regulations, 2013, as a Research Analyst under the SEBI (Research Analysts) Regulations, 2014, or in any other capacity. Verdikt is not a broker, sub-broker, portfolio manager, merchant banker, mutual-fund distributor, or any other intermediary requiring SEBI registration. No information published on the Service should be construed as solicitation, recommendation, or invitation to buy, sell, or hold any security.

2. Research & educational use only

All content produced by or made available through the Service, including but not limited to verdicts, conviction scores, conviction breakdowns, “buy zones”, sentiment readings, narratives, summaries, charts, peer comparisons, financial extracts, and chat responses, is provided for general informational, research, and educational purposes only. It is not, and must not be construed as:

  • investment, financial, legal, tax, or accounting advice;
  • a recommendation to buy, sell, hold, or trade any security;
  • an offer, solicitation, or invitation to enter into any transaction; or
  • a substitute for advice from a qualified, SEBI-registered adviser or other licensed professional.

3. Independent decision-making

Any decision you make to invest, divest, hold, trade, hedge, or allocate capital is your own and is taken at your sole risk and discretion. You must conduct your own research, exercise your own judgement, and consult a SEBI-registered investment adviser, a chartered accountant, or other qualified professional before acting on any information obtained from the Service.

4. AI-generated content

The Service uses large language models and other automated systems to generate output. AI output is probabilistic and may be inaccurate, incomplete, outdated, biased, internally inconsistent, misleading, or entirely fabricated (so-called “hallucinations”). The Service may misinterpret source documents, miscalculate ratios, conflate companies or quarters, or repeat factual errors present in third-party data. Always verify critical facts and figures against primary sources (company filings, exchange disclosures, audited financial statements) before relying on them.

5. Third-party data

The Service aggregates and processes data from third-party sources including Screener, BSE, NSE, news publishers, and the public documents companies file under applicable law. We do not control, audit, or verify this data and we make no representation as to its accuracy, completeness, currency, or fitness for any purpose. Any mention of a third party, security, ticker, or company name is for identification and reference only and does not constitute endorsement, affiliation, or recommendation.

6. Past performance & forward-looking statements

Past performance is not indicative of future results. Historical returns, growth rates, ratios, or trends do not guarantee any particular future outcome. Forward-looking statements, projections, scenarios, conviction scores, and “buy zones” reflect estimates and assumptions that may turn out to be incorrect, sometimes materially so. Actual outcomes may differ significantly from anything implied or expressed by the Service.

7. Market risk

Investments in securities are subject to market and other risks, including the risk of total loss of principal. Equity, derivative, and other financial instruments can be volatile, illiquid, and sensitive to macro, regulatory, geopolitical, and company-specific events. The suitability of any investment depends on your individual financial situation, objectives, time horizon, and risk tolerance, none of which the Service evaluates.

8. No fiduciary relationship

Your use of the Service does not create any fiduciary, advisory, agency, partnership, or trust relationship between you and Verdikt or its proprietor. We do not owe you any fiduciary or advisory duty.

9. Conflicts of interest

The proprietor, contributors, and affiliates of Verdikt may from time to time hold positions, directly or indirectly, in any security covered by the Service. The Service does not currently accept paid coverage or sponsorship of any specific security; any change to this position will be disclosed.

10. No warranty & limitation of liability

The Service is provided on an “as is” and “as available” basis without warranties of any kind. To the maximum extent permitted by applicable law, Verdikt and its proprietor disclaim all liability for any loss or damage, direct or indirect, arising from your use of, or reliance on, the Service. Our overall liability is limited as set out in the Terms of Service.

11. Contact

Questions about this Disclaimer? Write to founder@verdiktresearch.com.