Marwadi Shares and Finance Limited (“the Company”) is a flagship company of Marwadi Group. The Information on www.marwadionline.com (hereinafter referred to as “Website”) may be changed or updated at the sole discretion of the Company and the Company shall not be held responsible for all or any actions that may subsequently result into any loss, damage and or liability due to such changes/updation. The Company provides various services, including but not limited to the internet trading, investment in mutual funds etc. through the Website (hereinafter referred to as “Services”). This Services are provided "AS IS" and “WHERE-IS” basis, without any warranty. The Company shall attempt its best endeavors for the accuracy of the information. However, the accuracy of the information provided cannot be guaranteed. The content of the articles and the interpretation of data on the Website are solely the personal views of the contributors and do not in any way reflect the views of the Company. The Company, its Directors, employees, Associates, subsidiaries and/or affiliates expressly disclaims any liability for errors or omission in this information and materials and shall not be liable for any damages whether direct or indirect, incidental, special or consequential including lost revenue or lost profits that may arise from or in connection with the use of the information on the Website. All third parties providing information on the Website warrant that copying, distribution and use of such material from the Website may violate such third party's proprietary rights. The seals and logos of the Company are subject to copyright and may not be used in Web pages, electronic, or written publications without the express written permission of the Company. The Company’s web pages are maintained by the representatives and employees of the Company. For assignment for the coordination and development of the Website, resources has been given to the Webmaster committee, made up of representatives from the Company. The contents of this website are strictly confidential to the recipient and shall not be copied or reproduced in any form by the user. Further, the company shall not be liable for any misrepresentation, falsification, and deception or for any lack of availability of services through the Website, even if the same are advertised for on the Website.
Investments in Equity shares, Debentures, Mutual Funds, Derivative produces, etc, based on material / content / daily / research reports available on the site may be made at Client's own risk. The Website does not constitute an offer or contract for any Services and the user of the Website does not become a client of the Company merely because of the use of the Website. The company would have an exclusive discretion to decide the clients who would be entitled to the Services. The Company, its Directors, employees, associates, subsidiaries and/or affiliates shall not be responsible for any breach or violation relating to any internal risk management measures adopted by the Company. The Client shall be solely responsible for any loss to him due to such act. The Company, its Directors, employees, associates, subsidiaries and/or affiliates also makes it abundantly clear that it shall neither be responsible nor shall be liable for ANST square off, auction losses/ losses on account of close-out (Exchange Close-Out) due to non-receipt of shares from the Exchange and the Clients shall be solely liable for the same. Orders, if accepted during off market hours will be sent to the exchange after the exchange opens on the next trading day. The Company does not take any responsibility for any delay in acceptance / execution or non-execution of the order by the exchange.
No warranty of any kind, implied, express or statutory, including but not limited to the warranties of non-infringement of third party rights, title, merchantability, fitness for a particular purpose and freedom from computer virus, is given in conjunction with the information and materials.
In no event will the Company, its Directors, employees, Associates, subsidiaries and/or affiliates be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with the use of the Website or inability to use the same by any party, or in connection with any failure of performance, interruption, defect, delay in operation or transmission or line or system failure, even if The Company, its Directors, employees, Associates, subsidiaries and/or affiliates, are advised of the possibility of such damages, losses or expenses. Hyperlinks from and to other websites are at your own risk; the content, accuracy, opinions expressed and other links provided by these resources are not investigated, verified, monitored, or endorsed by the Company. The Company, its Directors, employees, associates, subsidiaries and/or affiliates makes no representations whatsoever about other web sites which you may access through the Website.
The link to any other web site for any information of the Company is provided for informational purposes only and is not intended for any other purpose. Statements contained within the Website concerning the Company’s future prospects are "forward looking statements". There can be no assurance that future results will be achieved and actual results could differ materially from forecasts, estimates and summary information contained in the Website.
The Company, its Directors, employees, Associates, subsidiaries and/or affiliates shall disclaim all responsibilities and accountability on a viewer submitting the content that is infringing or that contains any computer viruses, Trojan horses, communications line failure or other computer programming routines that may damage, detrimentally interfere with or otherwise adversely affect the operation of other computers or surreptitiously intercept or expropriate any system, data or personal information.
Research - The information in this email/ publication/ document or any other means of communication is confidential and intended solely for the addressee and is not for public distribution and has been furnished to the recipient solely for his information and must not be reproduced or redistributed to any other person.
The opinions, forecasts, assumptions, estimates, derived valuations and target price(s) contained in this material are as of the date indicated, are based on the information / views available to the public but no independent verification has been made nor is its accuracy or completeness guaranteed and are subject to change at any time without prior notice. While it’s the endeavor of the Company to update the information herein on reasonable basis, the Company, its subsidiaries and associated, group companies, their directors and employees do not hold out any representation or warranty of correctness or completeness or promise of return under this document, and do not accept any liability for any views expressed herein or for the result of any actions taken on the basis of this document or for any error or omission.
The stated price of any securities mentioned herein is as of the date indicated and is not a representation that any transaction can be effected at this price. Neither the Company nor other persons shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material.
Reports based on technical analysis centers on studying charts of a stock's price movement and trading volume, as opposed to focusing on a company's fundamentals and as such, may not match with a report on a company's fundamentals.
The information is not intended to provide professional, investment or any other type of advice or recommendation and does not take into account the particular investment objectives, financial situation or needs of individual recipients. Before acting on any information in this publication/ communication, the recipient must consider whether it is suitable for your particular circumstances and, if appropriate, seek professional advice, including tax advice. The information does not constitute any prediction of likely future movements in rates or prices or any representations that any such future movements will exceed those shown in any illustration. The past performance is not indicative of comparable future results and no representations or warranty is made regarding future performance. The Company is not a legal or tax adviser and is not purporting to provide you with legal or tax advice. If you have any queries as to the legal or tax implications of any investment, you should seek independent legal and/or tax advice.
The information provided does not constitute an offer to sell or a solicitation to buy any security or other financial instrument.
The securities discussed and opinions expressed in this report may not be suitable for all investors, who must make their own investment decisions, based on their own investment objectives, financial positions and needs of specific recipient.
If any person takes any action based upon this information, the Company shall not be responsible for any loss incurred by such person. Neither the Company, not its directors, employees, agents or representatives, group or associated companies shall be liable for any damages whether direct or indirect, incidental, special or consequential including lost revenue or lost profits that may arise from or in connection with the use of the information.
The Company will not treat recipients as customers by virtue of their receiving this report. This report is intended for Retail Clients only and not for any other category of clients including but not limited to Institutional Clients.
Though disseminated to all the customers simultaneously, not all customers may receive this report at the same time.
This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject the Company and affiliates to any registration or licensing requirement within such jurisdiction.
The securities described herein may or may not be eligible for purchase/sell in all jurisdictions or to certain category of investors not residing in India. Persons in whose possession this document may come are required to confirm themselves and to observe applicable restriction and regulations. Where an investment is denominated in a currency other than the local currency of the recipient of the Research report, changes in the exchange rates may have an adverse effect on the value, price or income of that investment. In case of investments for which there is no recognized market it may be difficult for investors to sell their investments or to obtain reliable information about its value or the extent of the risk to which it is exposed.
The Company has in place policies and procedures and physical information walls between its Research Department and differing public and private business functions to help ensure confidential information, including ‘inside’ information is not publicly disclosed unless in line with its policies and procedures and the rules of its regulators. You are advised to make your own independent judgment with respect to any matter contained herein.
The Company, it affiliates, officers, directors, group, associated companies, employees may: (a) from time to time, have long or short positions in, and buy or sell the securities, have position contrary to the one mentioned in the recommendation, of company (ies) mentioned herein or (b) be engaged in any other transaction involving such securities and earn brokerage or other compensation or (c) may act as market maker or have assumed an underwriting commitment in the securities of companies discussed in this document (or in related investments), may sell them to or buy them from customers on a principal basis and may also perform or seek to perform investment banking or underwriting services for or relating to those companies and may also be represented in the supervisory board or any other committee of those companies.
The Company may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report. The Company has two independent research groups: Institutional and Retail Desk. This report has been prepared by the Retail Desk. The views and opinions expressed in this document may or may not match or may be contrary with the views, estimates, rating, target price of the Retail Dealing Desk of the Company.
No part of this material may be duplicated in any form and/or redistributed without Company’s prior written consent.
Investing in Mutual Funds are subject to the market risk. Please read the offer document before investing.
The contents hereof must be read together with the terms and conditions that enable you to access the information and services on the Website.
Non Resident Indian (NRI) Clients - This is by the way of intimation of the availability of services of the Company and does not constitute an offer to buy or sell or a solicitation in this regard made to any person. It is only available to NRIs residing in jurisdictions permitting investment in and trading of Indian securities on Indian stock exchanges. The Services are not available to any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where availing of such services would be contrary to any applicable law or regulation of that jurisdiction or which would subject the Company, its Directors, employees, associates, subsidiaries and/or affiliates to any registration or licensing requirement within such jurisdiction. The Company, its Directors, employees, associates, subsidiaries and/or affiliates do not warrant the accuracy, adequacy or completeness of any information and material and expressly disclaims liability for errors or omissions in any information and material available on the website of the Reserve Bank of India for NRI scrips banned for NRIs.
Transactions between you and Marwadi Shares And Finance Limited shall be governed by and construed in accordance with the laws of India, without regard to the laws regarding conflicts of law. Any litigation regarding this agreement or any transaction between customer and Marwadionline.com or any action at law or in equity arising out of or relating to these agreement or transaction shall be filed only in the Competent Courts of Mumbai alone and the customer hereby agrees, consents and submits to the jurisdiction of such courts for the purpose of litigating any such action.
Web Content Disclaimer
The data/information contained in these web pages are derived from external sources and the Company does not take any responsibility in respect of the correctness and accuracy of the said contents. The linked pages maintained in relation to the Web site of the Company are the sole responsibility of the users who have chosen to make information publicly available on the web. These pages and the opinions or information contained within are the creation of external parties and do not necessarily reflect the opinions of the Company. All major sections whereby the data is provided by any external agency within the Web site of the Company should have a link to this disclaimer page along with the electronic mail address of the person(s) responsible for maintaining that particular section. These pages may not be copied in part or full without express written permission from the Company. All violators shall be prosecuted to as per applicable laws.
The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time. The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by us, our employees, and our servants.