Disclosure & Disclaimers

Market Risk Warning

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

Possibility of Loss

Market risks may result in partial or permanent loss of investments under certain market conditions.

Illustrative Purposes Only

The securities mentioned on any social media platforms or in free groups are presented solely for illustrative purposes. They do not constitute investment advice or recommendations in any form.

SEBI Registration Disclaimer

Registration granted by SEBI, Enlistment with RAASB, and certification from NISM do not guarantee the performance of the intermediary nor assure returns to investors.

Past Performance Warning

Past performance is not indicative of future results. Investments are subject to market risks, and historical returns should not be relied upon as a basis for future investment decisions.

Risk Associated with Open Positions

Our recommendations might include open positions without set stop-loss levels or target prices, exposing portfolios to significant losses from adverse market movements or unexpected events.

Investors should recognize that the absence of predefined exit points heightens the risk of capital erosion, and it's advisable to exit securities at a 10-15% loss or profit without emotional attachment.

Please do not ask about specific investment amounts, lot sizes, or prices for securities. Follow our portfolio allocations, group calls, and exit calls or positions when target or stop-loss prices are reached, as holding securities based on emotions can lead to significant losses.

Invest according to your own risk tolerance. We treat all users equally, but may offer discounts at our discretion for recurring subscribers or upon valid specific requests.

1. All service fees must be paid only via our official website: mhtradehub@gmail.com or verified bank / payment gateway channels / verified UPI.
2. Centralized Fee Collection Mechanism (CeFCoM), if applicable.

The research analyst or entity does not guarantee the accuracy, completeness, or reliability of any information or content on its platform or reports. This includes warranties related to merchantability, suitability for an investor's purpose, or non-infringement.

No Claims for Losses from Recommendations

These trades carry a high probability of total capital loss due to the leveraged and time-bound nature of derivatives. Investors must engage in Futures & Options (F&O) trading strictly in accordance with their personal risk appetite and financial capacity.

While we provide research analysis and securities-specific recommendations, we do not offer:

• Portfolio management services (PMS)
• Personalized account handling
• Profit-sharing arrangements
• Investment advisory based on individual risk profiling

Investors are responsible for their own investment decisions and should seek a registered investment adviser for personalized financial planning services.

We are committed to ethical research and transparent market practices. If you observe any misleading claims, unauthorized fee collection, or unethical conduct involving our services or brand:

1. No third party or employee is authorized to offer return guarantees. Report any such activity to our Compliance Officer and SEBI immediately.
2. If you engage with any unauthorized persons, including our employees or associates, or accept return guarantees without officially informing the company on mhtradehub@gmail.com, the company will not be liable for any resulting losses or liabilities.
3. Reporting such incidents both internally (Compliance Officer) and to the regulatory authority (SEBI) is a critical step to help stop potentially illegal investment schemes.

Business Activity

Kiran Nandkishor Jagdale, Proprietor of MH TRADE HUB is engaged in the business of providing independent equity research services based on technical and fundamental analysis. The firm offers Buy / Sell / Hold recommendations and other investment opinions to clients in the form of research reports, analysis, and market commentary.

The company is registered with the Securities and Exchange Board of India (SEBI) as a Research Analyst under the SEBI (Research Analyst) Regulations, 2014.

All recommendations are made in good faith and based on data believed to be reliable at the time of publication. Investors are advised to use discretion and consult with certified professionals before making any financial decisions.

Regulatory Standing

This disclosure is in compliance with SEBI's guidelines requiring transparency about the nature of the research entity and its registration credentials.

Disciplinary History Statement

Kiran Nandkishor Jagdale, Proprietor of MH TRADE HUB (SEBI Registration No.: INH000027609) and its partners and associates have a clear and unblemished record.

1. There have been no instances of disciplinary action, penalties, or sanctions levied or passed by any regulatory or administrative authorities against the entity, its partners, or its associates.
2. This statement is made in accordance with disclosure requirements for transparency and regulatory compliance as per SEBI (Research Analyst) Regulations, 2014.

Applicable to every Research Report issued by Kiran Nandkishor Jagdale, Proprietor of MH TRADE HUB (INH000027609).

1. Purpose & Audience

1. The Research Report is exclusively issued to clients of KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB.
2. Reports and recommendations serve informational purposes only and are delivered as part of the firm's professional research analyst services.

2. Basis & Reliability of Information

1. All research content is prepared using facts, figures, and information deemed to be true, correct, and reliable at the time of publication.
2. Information sources include publicly available data and other trusted channels believed to be accurate.
3. The research team conducts a review to ensure that there are no untrue statements of material fact and no false or misleading information in any report or recommendation.

3. Nature of Recommendations

1. Reports and recommendations are provided solely for informational purposes (if they are in the public domain).
2. The documents do not constitute an offer document and shall in no way be interpreted as a solicitation to: (i) Buy, (ii) Sell, (iii) Hold, and (iv) other ratings defined.
3. A daily closing chart of securities is available at NSE: charting.nseindia.com and BSE: charting.bseindia.com
4. The view on securities is based on both technical and fundamental analysis.

4. No Offer or Solicitation

1. The material does not create any obligation for clients to act on the information contained within.
2. It does not represent any proposal, invitation, or inducement relating to the trading or investment in securities.

5. Regulatory Compliance

1. KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB is registered under SEBI (Research Analyst) Regulations, 2014, and operates under SEBI Registration No. INH000027609.
2. All recommendations adhere to compliance and disclosure standards set by regulatory authorities.

6. Client Responsibility

1. Clients are urged to exercise independent judgment and consult with their own financial or investment advisors before making any decision based on the research.
2. The report, analysis, or recommendations do not replace independent professional advice suited to individual circumstances.

7. Limitation of Liability

KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB and its analysts do not accept responsibility or liability for losses, whether direct or indirect, that may result from the use of the research report or recommendations.

8. Copyright & Confidentiality

1. Research reports are issued for personal use only.
2. No part of the report may be reproduced, redistributed, or published without written authorization from KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB.

Kiran Nandkishor Jagdale, Proprietor of MH TRADE HUB (SEBI Registration: INH000027609), along with its partners, employees, officers, and affiliates, shall not be held responsible for any loss, damage, or liability arising from any unintentional errors, omissions, or inaccuracies in the research reports or recommendations provided.

In accordance with SEBI (Research Analyst) Regulations, 2014, the following disclosures are made related to research reports and recommendations issued by KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB:

(a) Ownership of Securities

Neither KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB, nor its research analysts, nor their relatives or associates, hold 1% or more in the equity securities of the subject company or companies mentioned in the research reports.

(b) Financial Interest

KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB, its research analysts, and their relatives or associates may have direct or indirect financial interest in the subject company/companies at the time of publication.

(c) Conflict of Interest

At the date of publication of the research report, KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB, its research analysts, and their relatives or associates do not have any material conflict of interest, whether pecuniary or otherwise, with any of the subject companies referred to in the report.

KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB or its associates have NOT :

1. Received any compensation from the subject company in the past twelve months.
2. Managed or co-managed any public offering of securities for the subject company in the past twelve months.
3. Received any compensation for investment banking, merchant banking, or brokerage services from the subject company in the past twelve months.
4. Received any compensation for products or services other than investment banking, merchant banking, or brokerage services from the subject company in the past twelve months.
5. Received any compensation or other benefits from the subject company or any third party in connection with this research report.
6. Engaged in any market-making activity for the subject company.

The Research Analyst has not served as an officer, director, or employee of the subject company at any point in time.

Our recommendations are based on technical and fundamental analysis, with some use of AI (artificial intelligence) and Algo platforms.

1. Our responsibility for client data security, confidentiality, and compliance is upheld through the use of AI and Algo.
2. AI and Algo trading risks include system vulnerabilities that can amplify errors. Strategies tailored from historical data may fail in changing market conditions, leading to losses.
3. Handling sensitive data poses privacy and security risks, including potential breaches.
4. Concerns include biased outputs, privacy violations, lack of transparency, data quality issues, complex models, technical problems, cybersecurity threats, API issues, data centre failed communications, and misleading results from poor data.
5. Severe data glitches may result in significant losses related to your security or portfolio.
6. There is no guarantee of success or return when acting on AI-generated or Algo-generated recommendations.
7. You bear the full risk of any investment decisions made based on such advice.
8. The provider is not liable for any losses or damages you may incur as a result of your actions taken as per AI recommendations.

KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB · SEBI Research Analyst Registration No.: INH000027609

KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB may, from time to time, publish or recommend a Model Portfolio as part of its research and analysis services. Any such model portfolio will be issued and maintained in accordance with the guidelines and conditions prescribed under the SEBI (Research Analyst) Regulations, 2014, and any subsequent circulars or clarifications issued by SEBI.

Key Points

1. The model portfolio is created purely for illustration and educational purposes (if it is in the public domain). It is not intended to act as specific investment advice for any individual client.
2. Any inclusion of securities or their weightage is based on research-driven methodology and is aligned with general market views and sectoral outlooks at the time of issuance.

KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB will ensure that such model portfolios:

1. Are accompanied by a detailed rationale.
2. Are continuously monitored and updated when necessary.
3. Respect the boundaries between non-advisory research and personal portfolio management as mandated by SEBI guidelines.

Investor Responsibility

Investors are advised to exercise discretion and consult with an investment adviser or financial planner before replicating or acting upon any model portfolio published by KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB. The model portfolio does not consider individual risk profiles, financial goals, or investment timelines, and therefore may not be suitable for all types of investors.

KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB · SEBI Research Analyst Registration No.: INH000027609

Please note that our recommendations, insights, or services related to Crypto assets, Foreign Exchange (Forex) trading, and any other third-party products are made outside the jurisdiction of the Securities and Exchange Board of India (SEBI). Accordingly:

1. These products fall outside the regulatory purview of SEBI, and
2. No recourse, protection, or dispute resolution mechanism from SEBI shall be available to investors engaging in such instruments based on our content or commentary.

High Risk Warning

Our Position

1. We are not registered to provide investment advisory, trading, or portfolio services for unregulated products.
2. Any views or references provided on Crypto, Forex, or similar third-party products are not recommendations, but are shared purely as research-based insights or analyst commentary for general informational purposes.

Liability Disclaimer

KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB and its representatives cannot be held responsible for any adverse events, capital erosion, or disputes arising from investment decisions made in unregulated markets based on our research or communications.

For SEBI-regulated research services, MITC, model portfolios, disclosures, and terms of service, please contact: mhtradehub@gmail.com

1. Regulatory Jurisdiction

Our services, recommendations, and fee structures concerning foreign securities, U.S. markets, and third-party investment products not registered with SEBI operate outside of SEBI's regulatory oversight.

2. Limitation of Recourse

Clients acknowledge that SEBI's grievance redressal mechanisms and investor protection frameworks do not apply to these non-SEBI approved products. No recourse will be available through SEBI for any disputes, losses, or grievances.

3. Associated Investment Risks

• Exchange Rate Risk: Fluctuations in foreign currency values relative to the Indian Rupee (INR).
• Market Risk: General volatility and economic downturns in foreign jurisdictions.
• Management Risk: Operational or strategic failures by foreign asset managers or issuers.
• Political & Regulatory Risk: Changes in foreign government policies, taxation, or legal frameworks.

Issued by KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB (SEBI Reg. No.: INH000027609). The following terminology is used to define specific ratings or actions in our research reports and stock recommendations.

Investor Note

Please execute recommendations as per the defined levels and time horizon, and consult a SEBI-registered Investment Adviser for decisions tailored to your individual risk profile and financial goals.

At KIRAN NANDKISHOR JAGDALE PROPRIETOR OF MH TRADE HUB (SEBI Reg. No.: INH000027609), we are committed to maintaining the highest standards of transparency, service, and investor protection. If you are dissatisfied with any aspect of our services, we encourage you to raise your first level of complaint through the following channels:

We will make every effort to address and resolve your complaint in a transparent and timely manner. Thank you for giving us the opportunity to serve you responsibly.

Level 2 — Escalation to SEBI (If unresolved after 7 days)

If your concern remains unresolved within 7 days or you are not satisfied with our response, you may escalate the issue directly to SEBI:

• SEBI SCORES Portal: scores.sebi.gov.in
• SEBI SMART ODR (Online Dispute Resolution): smartodr.in
• SEBI Toll-Free Numbers: 1800 22 7575 / 1800 266 7575
• Contact Any SEBI Office: sebi.gov.in/contact-us.html
• Market Intelligence (MI) Portal: mi.sebi.gov.in
• SEBI SCORES App — iOS: Apple App Store
• SEBI SCORES App — Android: Google Play

SEBI provides a range of free tools, resources, and mobile applications to promote investor awareness and financial literacy, designed to empower investors to make informed decisions and protect their interests in the securities market.

• SEBI Saarthi App — Android: Google Play
• SEBI Saarthi App — iOS: Apple App Store

SEBI again advises investors to exercise extreme caution

1. Verify registration of entities before investing at: sebi.gov.in/intermediaries.html
2. Carry out transactions only through authentic trading apps of SEBI-registered intermediaries after verification at: investor.sebi.gov.in
3. Use "Validated UPI Handles" (@valid UPI IDs of SEBI-registered investor-facing intermediaries) and the "SEBI Check" platform via siportal.sebi.gov.in or the Saarthi app, for secure investor payments (refer Press Release No. 64/2025).

Investor Charter & Complaint Table

For additional information on investor rights, services, responsibilities, and complaint mechanisms, refer to the Investor Charter and Complaint Table available on request at mhtradehub@gmail.com .

• Cyber Crime Reporting Portal: cybercrime.gov.in
• Report online financial fraud — National Cybercrime Helpline: 1930
• Register a Financial Fraud Complaint: cybercrime.gov.in/Webform/Accept.aspx
• Cyber Crime Help & Nodal Grievance List: cybercrime.gov.in
• Learning Video Gallery: cybercrime.gov.in/Webform/video-category.aspx