Legal

Contact Details

Sharan Kamal Mulchandani

SEBI Registered Investment Advisor — INA000022835 (Perpetual)

• Address: 557, New Colony Ward No 60, Near Suraj Eye Institute Byramji Town, Sadar, Nagpur, Maharashtra 440001
• Email: sharan.mulchandani@gmail.com
• Phone: 8793029872

SEBI Head Office (HO)

SEBI Bhavan BKC

• Address: Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra
• Tel: +91-22-26449000 / 40459000
• Fax: +91-22-26449019-22 / 40459019-22
• Toll Free Investor Helpline: 1800 22 7575

Investor Charter

Investor Charter in respect of Investment Adviser (IA)

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 Investment Adviser with respect to the Investors

• To enter into an agreement with the client providing all details including fee details, aspects of Conflict of interest disclosure and maintaining confidentiality of information.
• To do a proper and unbiased risk-profiling and suitability assessment of the client.
• To conduct audit annually.
• To disclose the status of complaints on its website.
• To disclose the name, proprietor name, type of registration, registration number, validity, complete address with telephone numbers and associated SEBI Office details (i.e. Head office/ regional/ local Office) on its website.
• To employ only qualified and certified employees.
• To deal with clients only from official number.
• To maintain records of interactions, with all clients including prospective clients (prior to onboarding), where any conversation related to advice has taken place.
• To ensure that all advertisements are in adherence to the provisions of the Advertisement Code for Investment Advisers.
• Not to discriminate in terms of services provided, among clients opting for same/similar products/services offered by investment adviser.

C. Details of Services Provided to Investors (No Indicative Timelines)

Onboarding of Clients

• Sharing of agreement copy
• Completing KYC of clients

Disclosure to Clients

• To provide full disclosure about its business, affiliations, compensation in the agreement.
• To not access client's accounts or holdings for offering advice.
• To disclose the risk profile to the client.
• To disclose any conflict of interest of the investment advisory activities with any other activities of the investment adviser.
• To disclose the extent of use of Artificial Intelligence tools in providing investment advisory services.
• Details of grievance redressal mechanism and how to access it.
• To provide investment advice to the client based on the risk-profiling of the clients and suitability of the client.
• To treat all advisory clients with honesty and integrity.
• To make adequate disclosure to the investor of all material facts such as risks, obligations, costs, etc. relating to the products or securities advised by the adviser.
• To provide clear guidance and adequate caution notice to clients when providing investment advice for dealing in complex and high-risk financial products/services.
• 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.
• To disclose the timelines for the various services provided by the investment adviser to clients and ensure adherence to the said timelines.

D. Details of Grievance Redressal Mechanism and How to Access It

1. Investor can lodge complaint/grievance against Investment Adviser in the following ways:

Mode of filing the complaint with Investment Adviser:

In case of any grievance / complaint, an investor may approach the concerned Investment Adviser who shall strive to redress the grievance immediately, but not later than 21 days of the receipt of the grievance.

Mode of filing the complaint on SCORES or with Investment Adviser Administration and Supervisory Body (IAASB):

• 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 investment adviser:
  • First review done by designated body (IAASB)
  • Second review done by SEBI
• Email to designated email ID of IAASB

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.

3. 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 Suitability of the Financial Products
• Right to Exit from Financial product or service in accordance with the terms of agreement with the investment adviser
• 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
• Right to have digital accessibility

F. Expectations from the Investors (Responsibilities of Investors)

Do's

• Always deal with SEBI registered Investment Advisers.
• Ensure that the Investment Adviser has a valid registration certificate.
• Check for SEBI registration number.
• Please refer to the list of all SEBI registered Investment Advisers which is available on SEBI website in the following link: sebi.gov.in
• Pay only advisory fees to your Investment Adviser. Make payments of advisory fees through banking channels only and maintain duly signed receipts mentioning the details of your payments.
• You may make payment of advisory fees through Centralised Fee Collection Mechanism (CeFCoM) of IAASB if investment adviser has opted for the mechanism.
• Always ask for your risk profiling before accepting investment advice. Insist that Investment Adviser provides advisory strictly on the basis of your risk profiling and take into account available investment alternatives.
• Ask all relevant questions and clear your doubts with your Investment Adviser before acting on advice.
• Assess the risk-return profile of the investment as well as the liquidity and safety aspects before making investments.
• Insist on getting the terms and conditions in writing duly signed and stamped. Read these terms and conditions carefully particularly regarding advisory fees, advisory plans, category of recommendations etc. before dealing with any Investment Adviser.
• Be vigilant in your transactions.
• Approach the appropriate authorities for redressal of your doubts / grievances.
• Inform SEBI about Investment Advisers offering assured or guaranteed returns.
• Always be aware that you have the right to exit the service of an Investment Adviser.
• Always be aware that you have the right to seek clarifications and clear guidance on advice.
• Always be aware that you have the right to provide feedback to the Investment Adviser in respect of services received.
• Always be aware that you will not be bound by any clause, prescribed by the investment adviser, which is contravening any regulatory provisions.

Don'ts

• Don't fall for stock tips offered under the pretext of investment advice.
• Do not provide funds for investment to the Investment Adviser.
• Don't fall for the promise of indicative or exorbitant or assured returns by the Investment Advisers. Don't let greed overcome rational investment decisions.
• Don't fall prey to luring advertisements or market rumors.
• Avoid doing transactions only on the basis of phone calls or messages from any Investment adviser or its representatives.
• Don't take decisions just because of repeated messages and calls by Investment Advisers.
• Do not fall prey to limited period discount or other incentive, gifts, etc. offered by Investment advisers.
• Don't rush into making investments that do not match your risk taking appetite and investment goals.
• Do not share login credential and password of your trading, demat or bank accounts with the Investment Adviser.

Grievance Redressal Process

Grievance Redressal System

We at Sharan Kamal Mulchandani have a client-centric approach in all areas, and one area which requires utmost attention is Client Grievance, we take this area very seriously and wish to provide a formal Grievance Redressal System.

Grievance if any can be emailed on email id: sharan.mulchandani@gmail.com for Advisory and implementation matters.

We will make our best effort to resolve the grievance of the client and also keep the record of the grievances received, grievances resolved & grievances unresolved for each month.

As per SEBI Circular SEBI/HO/IMD/DF1/CIR/P/2019/169 "Display of complaints status on website" we display the same on our website home page.

If not satisfied with the response of the intermediary, you can lodge your grievances with SEBI at https://scores.sebi.gov.in/scores-home or you may also write to any of the offices of SEBI.

For any queries, feedback or assistance, please contact SEBI Office on Toll Free Helpline at 1800 22 7575 / 1800 266 7575.

Details of Principal Officer

Name – Sharan Kamal Mulchandani
Email id – sharan.mulchandani@gmail.com
Contact: 8793029872

Details of Compliance Officer

Name – Sharan Kamal Mulchandani
Address – 557, New Colony Ward No 60, Near Suraj Eye Institute Byramji Town, Sadar, Nagpur, Maharashtra - 440001
Email id – sharan.mulchandani@gmail.com
Contact: 8793029872

ODR (Online Dispute Resolution)

ODR Portal could be accessed if unsatisfied with the response. Your attention is drawn to the SEBI circular no. SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/131 dated July 31, 2023, on "Online Resolution of Disputes in the Indian Securities Market". A common Online Dispute Resolution Portal ("ODR Portal"), which harnesses conciliation and online arbitration for resolution of disputes arising in the Indian Securities Market, has been established. ODR Portal can be accessed via the following link – https://smartodr.in/

Complaint Status

As per SEBI Circular SEBI/HO/IMD/DF1/CIR/P/2019/169, the complaint status is disclosed below.

Data for Month Ending June 2026

Trend of Monthly Disposal of Complaints (2026–27)

Trend of Annual Disposal of Complaints

Audit Status

Sharan Kamal Mulchandani was registered as a SEBI Investment Adviser on 11/06/2026. As the registration is new, no audit has been conducted to date. Audit details will be updated as and when applicable.

Disclosures

A. For Individual Investment Adviser

1. About the Investment Adviser

Sharan Kamal Mulchandani is an Individual Investment Adviser having its office at 557, New Colony Ward No 60, Near Suraj Eye Institute Byramji Town, Sadar, Nagpur, Maharashtra - 440001

Sharan Kamal Mulchandani was registered with SEBI as an Individual Investment Adviser vide Registration number INA000022835 on 11/06/2026 pursuant to which it provides Investment Advisory services to its clients.

2. About Sharan Kamal Mulchandani — Education and Qualification

Mr. Sharan Kamal Mulchandani holds a Cleared 3 levels of CFA, BBA (Finance), NISM XA & XB Certified. With a strong analytical skill set, he excels in identifying investment ideas and implementing effective strategies.

3. Details of Business Activities

Mr. Sharan Kamal Mulchandani provides personalized investment advice based on the risk profile and suitability of clients. He also provides investment advisory services to subscribers through paid services by taking subscription amount from the client.

4. Disciplinary History

There are no outstanding litigations or no disciplinary history against Sharan Kamal Mulchandani.

5. Terms and Conditions on which Investment Advice is being provided

Sharan Kamal Mulchandani has exercised due diligence in checking the correctness and authenticity of the information contained herein, so far as it relates to current and historical information, but does not guarantee its accuracy or completeness. The opinions expressed are based on our current assessment as of the date appearing in the material and may be subject to change from time to time without notice.

Sharan Kamal Mulchandani does not accept any liability arising from the use of this document or the information contained herein. The recipients of this material should rely on their own judgment and take their own professional advice before acting on this information.

Sharan Kamal Mulchandani shall not be in any way responsible for any loss or damage that may arise to any person/s from any inadvertent error in the information contained, views and opinions expressed in this publication.

6. Sharan Kamal Mulchandani or its associates, including relatives

• Do not hold any financial interest in the Company.
• Do not have any actual/beneficial ownership of more than 1% in the company.
• Do not have any other material conflict of interest.

7. Affiliation Disclosure

Sharan Kamal Mulchandani or its associates are not affiliated with any other intermediaries or have received any brokerage or commission from any third party.

8. Compensation Disclosure

Sharan Kamal Mulchandani or its associates have not received any compensation from the Company covered by Investment Adviser during the past twelve months.

9. Public Offering Disclosure

Sharan Kamal Mulchandani or its associates have not managed or co-managed public offering of securities of the Company during the past twelve months.

10. Officer / Employee Disclosure

Sharan Kamal Mulchandani or its associates has not served as an officer, director or employee of the Company and has not been engaged in the market making activity of the Company.

11. Reliability of Information

Sharan Kamal Mulchandani have ensured that the facts mentioned herein are taken from the reliable source and information. However, the investors are advised to independently evaluate the market conditions/ risks involved before making the investment decision.

Disclaimers

Please read the following terms carefully before proceeding further:

This website ("Site") is presented to you by Sharan Kamal Mulchandani, a registered investment advisor having registration number: INA000022835, valid from 11/06/2026 till Perpetual, with the Securities and Exchange Board of India (hereinafter referred to as "SKM"), for dissemination of information regarding services provided by SKM. By visiting this Site or downloading any content from this Site, you agree to abide by the terms and conditions (as may be amended, modified or supplemented from time to time) as set forth herein.

This Site may contain data, articles, analyses, and forecasts etc. which are meant for general information and non-commercial purposes only.

Terms and conditions provided herein are subject to change at any time without notice, at the discretion of SKM. SKM reserves the right to change, suspend, or discontinue any aspect of this Site at any time, including the availability of any Site feature, database, or content. Your continued usage of this Site following the posting of any change shall constitute acceptance of those changes on your part. Therefore, it is suggested that you review terms/features, database, contents, provided on the Site periodically for changes.

The information contained on this Site represents a view (if any) as of the date of the post and is subject to change and/ or withdrawal at any time without notice. The contents of this Site shall not be construed as an offer or a solicitation of an offer to invest in or buy or sell securities or instruments or to participate in any trading strategy or to make any investment. SKM is under no obligation to update the information to reflect changes after the publication date. Although the information and statistics included in this Site are not guaranteed including in respect of accuracy, they have been obtained from reliable sources. Any performance data quoted represents past performance. Investment return and principal value of an investment may fluctuate and therefore an investor's shares or units of mutual funds, when redeemed, may be worth more or less than the principal invested. Past performance is no guarantee of future results. Economic factors, market conditions, and investment strategies will affect the performance of any portfolio /investment and there are no assurances that it will match or outperform any particular benchmark. Where investments involve currency exposure, changes in rates of exchange may cause the value of the investment to go up or down. The use of the information provided on this Site is at the user's risk.

Information on this Site should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from SKM.

Use of links ("Hyperlinks") to or from other internet sites may be included at times for the convenience of users. SKM assumes no responsibility for the content of any linked site. The fact that such links may exist does not indicate approval or endorsement of any material contained on any linked site.

Any subsequent, direct communication with any prospective client shall be deemed to be valid communication on behalf of SKM only if conducted by an authorized representative of SKM.

Special feature in the form of limited access/ usage is available for this Site on subscription basis. Upon subscription, clients ("Limited Access Clients") have the option to access through a personalized user account with a secure login id and password. Materials/information provided to such Limited Access Clients shall be solely for the use and benefit of such clients. Limited Access Clients shall ensure that accounts or any material received in pursuance thereof is not transferred in any manner whatsoever.

Contents of the Site are specific to Indian Laws and Regulations. SKM shall not be liable for any content on the Site that may be violative of any other law or regulation pertaining to any other jurisdiction.

Downloading any content from this Site is done at one's own risk, and SKM shall not be responsible for any damage to any computer system or loss of data that results from the download of any material.

The contents of this Site are the proprietary property of SKM. You shall not publish, copy, or otherwise reproduce any content for public/commercial use and/or distribution. Any attempt to reproduce or commercially distribute any part of the contents of this Site without the expressed written permission of SKM is strictly prohibited. Nothing on this website shall be construed as granting by implication, estoppel, or otherwise, any license or right to use the trademark displayed on this Site without the express written permission of SKM. You acknowledge that any inappropriate use of this Site or the non-adherence of any of the terms given herein may result in you being blocked from accessing the Site.

Information provided by you through this Site is used for business purposes only in order to service your needs as a client. SKM may use "cookie" or related technology in order to track usage of the Site, and in order to improve our service to you. Personal information that is submitted to this Site may be collected, processed, stored, disclosed and disposed of in accordance with applicable Indian laws and our internal policies. If you are a non-India user, you acknowledge and agree that SKM may collect and use your information and disclose it to other entities outside your resident jurisdiction and such information may be stored on servers located outside your resident jurisdiction. The degree of data protection under Indian laws may not be comparable to that provided in other countries. By providing us with your information, you acknowledge that you consent to the transfer of such information outside your resident jurisdiction.

Any claim/dispute arising in connection with these terms and conditions or use of this Site shall be governed by and construed in accordance with the law of India and shall be subject to the exclusive jurisdiction of the courts at Nagpur, Maharashtra only.

Social Media Disclaimers

A. For Individual Investment Adviser

• Sharan Kamal Mulchandani is registered with SEBI as Individual Investment Adviser with Registration number INA000022835 dated 11/06/2026, pursuant to which it provides Investment Advisory services to its clients.
• Any matter displayed in this content is purely for knowledge purpose and shall not be treated as an advice or opinion of any kind. Neither Sharan Kamal Mulchandani nor the marketing agents related to the firm shall be held liable/responsible in any manner whatsoever for any losses the viewers may incur due to acting upon this content.
• Investment in securities market is subject to market risks. Read all the related documents carefully before investing.
• Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
• Any opinion on a specific position, such suggestion/view under any circumstances shall not be considered as an advice. We are not liable for any losses whatsoever the client may incur in accepting this opinion.
• Sharan Kamal Mulchandani does not make any representation, warranty or guarantee as to the accuracy, completeness or timeliness of the information (including news, prices, statistics, analysis and the like) provided through this platform. In no event shall we be liable to any person for any decision made or action taken in reliance upon the information provided by us.
• The securities quoted are for illustration only and are not recommendatory.

Privacy Policy

At Sharan Kamal Mulchandani we take the privacy of your information very seriously. This Privacy Policy explains what information we collect from you, how we use it, and under what circumstances we may disclose it.

Information We Collect

We collect two types of information from users:

• Personal Information: This includes information that can be used to identify you, such as your name, email address, phone number, address, and financial information you choose to share. We only collect this information when you voluntarily provide it to us, such as when you sign up for our newsletter, contact us for a consultation, or use our financial planning tools.
• Non-Personal Information: This includes information that cannot be used to identify you, such as your browsing history, IP address, and device information. We collect this information automatically when you use our website.

We use the information we collect to:

• Provide you with financial advisory services.
• Communicate with you about your account and investment strategies.
• Comply with legal and regulatory requirements.
• To deliver to you any information, alerts, and communications relevant to your use of the services.
• Comply with regulations to prevent fraud, money laundering or any other criminal activity.
• To comply with orders of the Court, any applicable law or any statutory or legal requirements or process.
• Improve our website and mobile app and to analyze Website/Web Application usage, improve features and services offered, tailor the Website/Web Application to your interests.

Disclosure of Your Information

We will not sell or share your personal information with any third party for marketing purposes.

We may disclose your information to third-party service providers who assist us in providing our services. These service providers are contractually obligated to keep your information confidential and secure.

We may also disclose your information if required by law, such as in response to a subpoena or court order.

Data Security

We take reasonable steps to protect your personal information from unauthorized access, disclosure, alteration, or destruction. These steps include:

• Maintaining physical, electronic, and procedural safeguards
• Limiting access to your information to authorized personnel
• Regularly reviewing our security practices

Changes to This Privacy Policy

We may update this Privacy Policy from time to time. We will post any changes on this page.

Contact Us

If you would like to: access, correct, amend or delete any personal information we have about you, register a complaint, or simply want more information contact our Privacy Compliance Officer at sharan.mulchandani@gmail.com or by mail at 557, New Colony Ward No 60, Near Suraj Eye Institute Byramji Town, Sadar, Nagpur, Maharashtra - 440001

Terms and Conditions

A. Individual Investment Adviser

These terms and conditions outline the rules and regulations for the use of https://www.sharanmulchandani.com

1. Terms

By accessing this website you are agreeing to be bound by these terms and conditions. Do not continue to use if you do not agree to take all of the terms and conditions stated on this page.

2. Use License

Permission is granted to temporarily download one copy of the materials (information) on https://www.sharanmulchandani.com web site for personal, non-commercial transitory viewing only. This is the grant of a license, not a transfer of title, and under this license you may not:

• Modify or copy the materials;
• Use the materials for any commercial purpose, or for any public display (commercial or non-commercial);
• Remove any copyright or other proprietary notations from the materials; or
• Transfer the materials to another person or "mirror" the materials on any other server.

3. Disclaimers and Disclosures

• Investment in securities market is subject to market risks. Read all the related documents carefully before investing.
• Market Risks refer to partial or permanent loss on your investments in certain market conditions.
• Registration granted by SEBI and certification from NISM in no way guarantees the performance of the intermediary or provide any assurance of returns to investors.
• We do not promise any guaranteed returns.
• The fees paid towards the subscription is non-refundable.
• Risk management and position sizing should be carried out by the investor himself.
• Recommendations will be provided via Telegram or WhatsApp.
• Sharan Kamal Mulchandani is a SEBI registered 'Investment Adviser' (Individual). We are registered as an IA vide registration number INA000022835 on 11/06/2026

4. Limitations

In no event shall Sharan Kamal Mulchandani or its suppliers be liable for any damages (including, without limitation, damages for loss or profit, monetary and/or non monetary,) arising out of the use or inability to use the materials communicated by Sharan Kamal Mulchandani and its Employees.

5. Revisions and Errata

The materials appearing on Sharan Kamal Mulchandani web site could include technical, typographical, or photographic errors. Sharan Kamal Mulchandani does not warrant that any of the materials on its web site are accurate, complete, or current. Sharan Kamal Mulchandani may make changes to the materials contained on its web site at any time without notice. Sharan Kamal Mulchandani does not, however, make any commitment to update the materials.

6. Links

Sharan Kamal Mulchandani has not reviewed all of the sites linked to its Internet web site and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by Sharan Kamal Mulchandani of the site. Use of any such linked web site is at the user own risk.

7. Site Terms of Use Modifications

Sharan Kamal Mulchandani may revise these terms of use for its web site at any time without notice. By using this web site you are agreeing to be bound by the then current version of these Terms of Use.

8. Removal of Links From Our Website

If you find any link on our website that is offensive for any reason, you are free to contact and inform us any moment. We will consider requests to remove links but we are not obligated to or so or to respond to you directly.

We do not ensure that the information on this website is correct, we do not warrant its completeness or accuracy; nor do we promise to ensure that the website remains available or that the material on the website is kept up to date.

9. Reservation of Rights

We reserve the right to request that you remove all links or any particular link to our Website. You approve to immediately remove all links to our Website upon request. We also reserve the right to amend these terms and conditions and its linking policy at any time. By continuously linking to our Website, you agree to be bound to and follow these linking terms and conditions.

10. Governing Law

Any claim relating to Sharan Kamal Mulchandani web site shall be governed by the Indian laws without regard to its conflict of law provisions and shall be subject to the exclusive jurisdiction of courts at Nagpur, Maharashtra.

General Terms and Conditions applicable to Use of a Website.