Compliance

A. Vision and Mission Statements for investors

Vision: Invest with knowledge & safety.

Mission: Every investor should be able to invest in right investment products based on their needs, manage and monitor them to meet their goals, access reports and enjoy financial wellness.

B. Details of business transacted by the Research Analyst with respect to the investors

• To publish research report based on the research activities of the RA.
• To provide an independent unbiased view on securities.
• To offer unbiased recommendation, disclosing the financial interests in recommended securities.
• To provide research recommendation, based on analysis of publicly available information and known observations.
• To conduct audit annually.
• To ensure that all advertisements are in adherence to the provisions of the Advertisement Code for Research Analysts.
• To maintain records of interactions, with all clients including prospective clients (prior to onboarding), where any conversation related to the research services has taken place.

C. Details of services provided to investors (No Indicative Timelines)

• On boarding of Clients.
• Sharing of terms and conditions of research services.
• Completing KYC of fee-paying clients.

Disclosure to Clients:

• To disclose, information that is material for the client to make an informed decision, including details of its business activity, disciplinary history, the terms and conditions of research services, details of associates, risks and conflicts of interest, if any.
• To disclose the extent of use of Artificial Intelligence tools in providing research services.
• To disclose, while distributing a third-party research report, any material conflict of interest of such third-party research provider or provide web address that directs a recipient to the relevant disclosures.
• To disclose any conflict of interest of the activities of providing research services with other activities of the research analyst.
• To distribute research reports and recommendations to the clients without discrimination.
• To maintain confidentiality w.r.t publication of the research report until made available in the public domain.
• To respect data privacy rights of clients and take measures to protect unauthorized use of their confidential information.
• To disclose the timelines for the services provided by the research analyst to clients and ensure adherence to the said timelines.
• To provide clear guidance and adequate caution notice to clients when providing recommendations for dealing in complex and high-risk financial products/services.
• To treat all clients with honesty and integrity.
• To ensure confidentiality of information shared by clients unless such information is required to be provided in furtherance of discharging legal obligations or a client has provided specific consent to share such information.

D. Details of grievance redressal mechanism and how to access it

1. Investor can lodge complaint/grievance against Research Analyst in the following ways:

Mode of filing the complaint with research analyst — In case of any grievance / complaint, an investor may approach the concerned Research Analyst who shall strive to redress the grievance immediately, but not later than 21 days of the receipt of the grievance. Investor may visit RA's grievance redressal page available on website: grievance redressal page, or call us on 9752053032 or email at: support@smartgoal.in.

Mode of filing the complaint on SCORES or with Research Analyst Administration and Supervisory Body (RAASB):

• i. SCORES 2.0 (a web based centralized grievance redressal system of SEBI for facilitating effective grievance redressal in time-bound manner) — https://scores.sebi.gov.in. Two level review for complaint/grievance against Research Analyst: First review done by designated body (RAASB); Second review done by SEBI.
• ii. Email to designated email ID of RAASB.

2. If the Investor is not satisfied with the resolution provided by the Market Participants, then the Investor has the option to file the complaint/grievance on the SMARTODR platform for its resolution through online conciliation or arbitration. ODR Portal: https://smartodr.in/

With regard to physical complaints, investors may send their complaints to: Office of Investor Assistance and Education, Securities and Exchange Board of India, SEBI Bhavan, Plot No. C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051.

E. Rights of investors

• Right to Privacy and Confidentiality.
• Right to Transparent Practices.
• Right to fair and Equitable Treatment.
• Right to Adequate Information.
• Right to Initial and Continuing Disclosure — Right to receive information about all the statutory and regulatory disclosures.
• Right to Fair & True Advertisement.
• Right to Awareness about Service Parameters and Turnaround Times.
• Right to be informed of the timelines for each service.
• Right to be Heard and Satisfactory Grievance Redressal.
• Right to have timely redressal.
• Right to Exit from Financial product or service in accordance with the terms and conditions agreed with the research analyst.
• Right to receive clear guidance and caution notice when dealing in Complex and High-Risk Financial Products and Services.
• Additional Rights to vulnerable consumers — Right to get access to services in a suitable manner even if differently abled.
• Right to provide feedback on the financial products and services used.
• Right against coercive, unfair, and one-sided clauses in financial agreements.

F. Expectations from the investors (Responsibilities of investors)

Do's

• i. Always deal with SEBI registered Research Analyst.
• ii. Ensure that the Research Analyst has a valid registration certificate.
• iii. Check for SEBI registration number. Please refer to the list of all SEBI registered Research Analyst available on SEBI website.
• iv. Always pay attention towards disclosures made in the research reports before investing.
• v. Pay your Research Analyst through banking channels only and maintain duly signed receipts mentioning the details of your payments. You may make payment of fees through Centralized Fee Collection Mechanism (CeFCoM) of RAASB if research analyst has opted for the mechanism. (Applicable for fee paying clients only)
• vi. Before buying/selling securities or applying in public offer, check for the research recommendation provided by your Research Analyst.
• vii. Ask all relevant questions and clear your doubts with your Research Analyst before acting on recommendation.
• viii. Seek clarifications and guidance on research recommendations from your Research Analyst, especially if it involves complex and high-risk financial products and services.
• ix. Always be aware that you have the right to stop availing the service of a Research Analyst as per the terms of service agreed between you and your Research Analyst.
• x. Always be aware that you have the right to provide feedback to your Research Analyst in respect of the services received.
• xi. Always be aware that you will not be bound by any clause, prescribed by the research analyst, which is contravening any regulatory provisions.
• xii. Inform SEBI about Research Analyst offering assured or guaranteed returns.

Don'ts

• i. Do not provide funds for investment to the Research Analyst.
• ii. Don't fall prey to luring advertisements or market rumours.
• iii. Do not get attracted to limited period discount or other incentive, gifts, etc. offered by Research Analyst.
• iv. Do not share login credential and password of your trading, demat or bank accounts with the Research Analyst.

Data for the month ending – September, 2026  ·  Updated monthly as required by SEBI

SEBI registered research analyst details:
Registered name: Pradeep Sagore, proprietor of Smartgoal Research
Type of registration: individual
Registration number: INH000015765
Validity: March 22, 2024 – March 21, 2029
Website: www.smartgoal.in

If you have a grievance, you can reach out to our Support Team for assistance.

The abovementioned details would facilitate the complainants to approach the concerned RA before filing complaint to SEBI.

Please note that our support team is unavailable on Saturdays, Sundays, and public holidays. However, if you wish to reach out to us, you can contact our customer support at support@smartgoal.in.

SCORES Portal: https://scores.sebi.gov.in/
In case you are unsatisfied with the resolution provided through our support or the SCORES platform, you can access the Online Dispute Resolution (ODR) Portal.
ODR Portal: https://smartodr.in/

Registration granted by SEBI, and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

The securities quoted are for illustration only and are not recommendatory.

Please note that past performance is not a reliable indicator of future performance.

Company Information

SEBI REGISTRATION NO.: INH000015765
GST NUMBER: 23ECYPS9281R1Z1

We pursue in conducting in-depth market research and analysis for our clients to help them make more informed business decisions. Mr. Pradeep Sagore is founder and proprietor of Smartgoal Research. He is a SEBI-registered research analyst. Smartgoal Research adheres to all the guidelines to ensure that you always get proper service and support service.

SEBI Registered Research Analyst Details

Registered name: Pradeep Sagore, proprietor of Smartgoal Research
Type of registration: individual
Registration number: INH000015765
Validity: March 22, 2024 – March 21, 2029
BSE ENLISTMENT NO. 6117

SEBI Office Details

104,105, 1st Floor Satguru Parinay, Plot No. 5, Opp C-21 Mall, Nr. Pakiza, A.B. Road, Indore (M.P.) 452010
E-mail: sebi@sebi.gov.in
Toll Free Investor Helpline: 1800 22 7575

Filing Complaints on SEBI Complaint Redress System (SCORES)

Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective communication; Speedy redressal of the grievances. You can file complaints on SCORES through: https://scores.sebi.gov.in/scores/Welcome.html

The particulars given in this disclosure document have been prepared in accordance with SEBI (Research Analyst) Regulations, 2014.

The purpose of the document is to provide essential information about the research and recommendation services in a manner to assist and enable the prospective client in making an informed decision for engaging in research and recommendation services before investing.

For the purpose of this disclosure document, Research Analyst is Mr. Pradeep Sagore, proprietor of Smartgoal Research, (hereinafter referred as Research Analyst).

(A). Description about 'Research Analyst'

History, present business and background:

Research analyst is registered with SEBI as research analyst with registration number INH000015765. The firm got its registration on 22 March 2024 and is engaged in research and recommendation services. The focus of research entity is to provide research and recommendations services to the clients. Analyst aligns its interests with those of the client and seeks to provide the best suited services. Research Analyst has currently rented office premises.

Terms and conditions of research and recommendations services:

Terms and conditions of research and recommendation services are detailed in the terms and conditions document. Please refer to the same for details.

Disciplinary history:

• No penalties/directions have been issued by SEBI under the SEBI act or regulation made there under against the research analyst relating to research analyst services.
• There are no pending material litigations or legal proceedings, findings of inspections or investigation for which action has been taken or initiated by any regulatory authority against the research analyst or its employees.
• Details of its associates. No associates.

(B). Disclosures with respect to research and recommendations services:

• Research Analyst may have financial interest or actual / beneficial ownership in the securities recommended in its personal portfolio. Details of the same may be referred through the disclosures made at the time of advice.
• There are no actual or potential conflicts of interest arising from any connection to or association with any issuer of products/securities, including any material information or facts that might compromise its objectivity or independence in the carrying on of Research Analyst services. Such conflict of interest shall be disclosed to the client as and when they arise.
• Research Analyst or its employee or its associates have not received any compensation from the subject company in past 12 months.
• Research Analyst or its employee or its associates have not managed or co-managed the public offering of Subject Company in past 12 months.
• Research Analyst or its employee or its associates have received any compensation for investment banking or merchant banking of brokerage services from the subject company in past 12 months.
• Research Analyst or its employee or its associates have not received any compensation for products or services other than above from the subject company in past 12 months.
• Research Analyst or its employee or its associates have not received any compensation or other benefits from the Subject Company or 3rd party in connection with the research report/recommendation.
• The subject company was not a client of Research Analyst or its employee or its associates during twelve months preceding the date of distribution of the research report and recommendation services provided.
• Research Analysts or its employee or its associates has not served as an officer, director or employee of the subject company.
• Research Analysts has not been engaged in market making activity of the subject company.

Welcome to Smartgoal Research. For us, at Smartgoal Research, your privacy is placed on the highest pedestal and its protection is given the utmost level of importance. We are committed to protect your privacy and data in keeping with the Information Technology Act 2000 and the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011 framed and issued by the Government of India pursuant to the provisions of the act. We are also committed to a responsible and justified usage of your personal information, only to the extent for the provision of our services.

Please read this privacy policy before using the website or submitting any sensitive personal information or data.

By registering your mobile number on Smartgoal Research's website, you agree to be contacted by our personnel or to receive SMS and it shall be treated as opt in. By registering for our services, you also agree to comply with our privacy policy and terms & conditions.

Your information whether public or private, will not be sold, rented, exchanged or given to any company or individual for any reason, without your consent for the same.

Your information will be used only for providing the services to you.

By logging in to the site of Smartgoal Research you become bound to the below mentioned terms and conditions. An individual should also keep this in mind that the company can change the terms and conditions and we assume that the client accept this modified terms and conditions. Hence it is recommended to keep visiting the link of terms and conditions of the site on regular interval to stay updated about the newly introduced or any modified terms and conditions of the company.

(A). Registration:

By registering with us, you declare that the information provided by you is accurate. The company reserves all rights in the sole discretion, to refuse you access to the site without notice for the below mentioned reasons:

• Immediately by the Smartgoal Research for any unauthorised use or access by you.
• Immediately by the Smartgoal Research if you transfer and assign any of the rights that is settled to you as per this agreement.
• Immediately, if in any case you violate any of the terms and conditions of the user agreement.

(B). License:

Smartgoal Research hereby grants you a limited, non-exclusive, non-assignable and non-transferable license to access Smartgoal Research's site provided and expressly conditioned upon your agreement that all such access and use shall be governed by all of the terms and conditions set forth in this user agreement.

(C). Delays in services:

Smartgoal Research, employees and its representatives shall not be liable for any loss or liability resulting, directly or indirectly, from delays or interruption due to electronic or mechanical equipment failures, telephone interconnect problem, defects, weather, strikes, walkouts, fire, act of God, riots, armed conflict or other like causes.

(D). Liability disclaimer:

You expressly agree that use of the website is at your sole risk. The contents, information, software, products, features and services published on this website may include inaccuracies or typographical errors. Changes are periodically added to the contents hereinafter. Smartgoal Research or its respective suppliers may make improvements and changes in this website at any time. This website may be temporarily unavailable from time to time due to required maintenance, telecommunication interruption or other disruption.

(E). Trading disciplines:

Smartgoal Research strictly follows trading principles and stop loss policy, wherein customer by default agree to follow pre informed/defined stop loss. If you trade against Stop loss policy, you alone shall be responsible for the same and Smartgoal Research have zero liability towards it. Further advise that do not trade on recommendations of employees outside the course of employment. In case if you do so, the liability will be your own and Smartgoal Research shall not be liable for any such loss.

(F). Alerts:

By using this website you are deemed to have given your consent to receiving calls, sms from us, even if the contact number you have entered is on DND (do not disturb).

(G). Indemnification:

You agree to indemnify, save and hold Smartgoal Research, its employees and associates, licensors from and against any and all claims, losses, including without limitation legal fees and expenses, arising out of or misuse of the services or the website, any violation of terms of use by you, or any breach of the representation.

(H). No warranty:

The accuracy, completeness and timelines of the news and information made available through the services are not guaranteed by Smartgoal Research. You agree that using any such news, statements or other information at your sole discretion is at your own risk. Smartgoal Research does not guarantee the accuracy of the information made available through the services.

(I). Jurisdiction:

Both the Parties agree that all claims, differences and disputes, including any agreements, contracts and transactions made with reference to anything incidental thereto or in pursuance thereof or relating to their validity, construction, interpretation, fulfilment or the rights, obligations and liabilities of the parties thereto and including any question of whether such dealings, transactions MOA, or contracts have been entered into or not, shall be subject to the exclusive jurisdiction of the Courts of Indore only.

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We strongly recommend that before making a payment, our visitors and potential clients, please:

• Read all information about our services and support given to our clients.
• Read our terms and conditions.
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