Terms, MITC and disclosures

These terms apply to research services provided by SKT Investments (SEBI Reg. No. INH000029494). Services begin only after the client completes KYC and gives consent to these terms, including the Most Important Terms and Conditions (MITC) prescribed by SEBI.

Most Important Terms and Conditions (MITC)

As prescribed by SEBI for Research Analysts. These form part of our terms of service and are agreed to by every client at onboarding.

1. These terms and conditions, and consent thereon are for the research services provided by the Research Analyst (RA) and RA cannot execute/carry out any trade (purchase/sell transaction) on behalf of, the client. Thus, the clients are advised not to permit RA to execute any trade on their behalf.
2. The fee charged by RA to the client will be subject to the maximum of amount prescribed by SEBI/ Research Analyst Administration and Supervisory Body (RAASB) from time to time (applicable only for Individual and HUF Clients).
   Note:
   2.1. The current fee limit is Rs 1,51,000/- per annum per family of client for all research services of the RA.
   2.2. The fee limit does not include statutory charges.
   2.3. The fee limits do not apply to a non-individual client / accredited investor.
3. RA may charge fees in advance if agreed by the client. Such advance shall not exceed the period stipulated by SEBI; presently it is one year. In case of pre-mature termination of the RA services by either the client or the RA, the client shall be entitled to seek refund of proportionate fees only for unexpired period.
4. Fees to RA may be paid by the client through any of the specified modes like cheque, online bank transfer, UPI, etc. Cash payment is not allowed. Optionally the client can make payments through Centralized Fee Collection Mechanism (CeFCoM) managed by BSE Limited (i.e. currently recognized RAASB).
5. The RA is required to abide by the applicable regulations/ circulars/ directions specified by SEBI and RAASB from time to time in relation to disclosure and mitigation of any actual or potential conflict of interest. The RA will endeavor to promptly inform the client of any conflict of interest that may affect the services being rendered to the client.
6. Any assured/guaranteed/fixed returns schemes or any other schemes of similar nature are prohibited by law. No scheme of this nature shall be offered to the client by the RA.
7. The RA cannot guarantee returns, profits, accuracy, or risk-free investments from the use of the RA's research services. All opinions, projections, estimates of the RA are based on the analysis of available data under certain assumptions as of the date of preparation/publication of research report.
8. Any investment made based on recommendations in research reports are subject to market risks, and recommendations do not provide any assurance of returns. There is no recourse to claim any losses incurred on the investments made based on the recommendations in the research report. Any reliance placed on the research report provided by the RA shall be as per the client's own judgement and assessment of the conclusions contained in the research report.
9. The SEBI registration, Enlistment with RAASB, and NISM certification do not guarantee the performance of the RA or assure any returns to the client.
10. For any grievances,
    Step 1: the client should first contact the RA using the details on its website or following contact details: Shashi Kumar Tiwari, +91 79039 61774, mmontekssingh@gmail.com (see the escalation matrix).
    Step 2: If the resolution is unsatisfactory, the client can also lodge grievances through SEBI's SCORES platform at www.scores.sebi.gov.in (opens in a new tab)
    Step 3: The client may also consider the Online Dispute Resolution (ODR) through the Smart ODR portal at https://smartodr.in (opens in a new tab)
11. Clients are required to keep contact details, including email id and mobile number/s updated with the RA at all times.
12. The RA shall never ask for the client's login credentials and OTPs for the client's Trading Account, Demat Account and Bank Account. Never share such information with anyone including RA.

Use of Artificial Intelligence (AI)

SKT Investments uses Artificial Intelligence (AI) tools only as a support aid, for processing market data and assisting in drafting research content. Chart analysis, selection of stocks and all research recommendations are done by the Research Analyst himself, without AI tools. The Research Analyst reviews and approves all research content and remains solely responsible for the research output and for the security, confidentiality and integrity of client data, as required under Regulation 24(7). The extent of AI use is disclosed to every client along with the terms and conditions, and any change will be disclosed promptly.

Disclaimer and disclosures

Registration details

Standard warning

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

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

Disclaimer

SKT Investments renders research services only and cannot execute or carry out any trade on behalf of a client. Clients are advised not to permit anyone, including us, to execute trades on their behalf.

The RA cannot guarantee returns, profits, accuracy or risk-free investments from the use of its research services. All opinions, projections and estimates are based on the analysis of available data under certain assumptions as of the date of preparation or publication of the research report.

Any investment made based on recommendations in research reports is subject to market risks, and recommendations do not provide any assurance of returns. There is no recourse to claim any losses incurred on investments made based on the recommendations. Any reliance placed on the research is as per the client's own judgement and assessment.

Past performance is not indicative of future results. Assured, guaranteed or fixed-return schemes are prohibited by law and are not offered by SKT Investments.

Disclosures

• Business activity: SKT Investments is engaged in providing research services as a SEBI registered Research Analyst.
• Disciplinary history: Not applicable. There is no disciplinary action or pending material litigation by SEBI or any other regulator against Shashi Kumar Tiwari.
• Associates: Not applicable. There are no associates engaged in the securities market.
• Holdings and conflicts of interest: The Research Analyst or associates may hold positions in securities covered in research; any such holding or other material conflict of interest is disclosed in the relevant research report. We will promptly inform clients of any conflict of interest that may affect the services.
• Compensation: The Research Analyst has not received any compensation or other benefit from the companies covered in its research, or from any third party in connection with the research report, in the past 12 months.
• Market making: The Research Analyst has not been engaged in market-making activity for the companies covered.
• Use of Artificial Intelligence: see use of Artificial Intelligence (AI) under MITC above.
• Annual compliance audit: Registered on 10 August 2026. As required under Regulation 25(3), the status of the first annual compliance audit (for FY 2026–27), along with adverse findings (if any) and the action taken, will be published here by 31 October 2027, and every year thereafter by 31 October. The audit report will also be shared with clients.
• Fees: Fees for individual and HUF clients are within SEBI's limit (currently Rs 1,51,000 per annum per family, excluding statutory charges), GST at 18% is charged additionally (GSTIN: 09AIIPT1605L1ZX), fees are accepted only through banking channels, and are charged in advance for not more than one year.

Conflict of interest policy

• The Research Analyst acts honestly and in the best interest of clients, and does not let personal interest influence any recommendation.
• Any holding of the Research Analyst in a recommended security, or any other material conflict of interest, is disclosed in the recommendation or research report.
• The Research Analyst does not trade in a security against a recommendation, and does not trade ahead of a recommendation (no front-running). Personal trades follow the restrictions under the SEBI (Research Analysts) Regulations, 2014.
• No compensation or benefit is accepted from any company covered in research, or from any third party, in connection with a recommendation.
• The Research Analyst does not provide distribution, execution, portfolio management or any other service that conflicts with research services.

Code of conduct

As required under the Third Schedule of the SEBI (Research Analysts) Regulations, 2014, the Research Analyst:

• acts with honesty, good faith, due skill, care and diligence, in the best interest of clients;
• has a reasonable and adequate basis for every recommendation, supported by research;
• avoids conflicts of interest and makes adequate disclosure of any that exist;
• does not deal in securities based on unpublished price-sensitive information, and does not front-run recommendations;
• keeps client information confidential, except where disclosure is required by law;
• does not make any statement or promise of assured, guaranteed or fixed returns;
• complies with all applicable laws, rules and SEBI regulations, and maintains the required records.

Fraud and impersonation alert

• We will never ask for your trading, demat or bank login details, passwords or OTPs, and we will never trade on your behalf.
• We never offer assured, guaranteed or fixed returns, profit-sharing or account-handling services.
• Fees are paid only to the bank account of SKT Investments / Shashi Kumar Tiwari, through the payment link on our subscription portal. Never pay into any personal or third-party account.
• Our only official website is sktglobaltrade.com, and our only official contacts are +91 79039 61774 and mmontekssingh@gmail.com. Anyone using our name through other numbers, WhatsApp or Telegram groups or social media accounts is not authorised by us.
• Check our registration on the SEBI website (opens in a new tab). Report fraud to us, on the National Cyber Crime portal cybercrime.gov.in (opens in a new tab) or helpline 1930, and on SEBI SCORES (opens in a new tab).

Social media disclaimer

Any content shared by SKT Investments on social media is for general information and education only and is not a research recommendation. Research recommendations are shared only with registered, fee-paying clients who have completed KYC. We do not run free tip groups. Do not act on any message, screenshot or "tip" in our name unless it is received through our official channels as a registered client.

Other terms

• Plan details, fees and durations are shown on our website and on our subscription portal before payment.
• Use of Artificial Intelligence: see use of Artificial Intelligence (AI) under MITC above.
• Research is shared only with the registered subscriber and must not be forwarded, shared or resold.
• Recommendations are shared with all subscribers of a plan at the same time, without discrimination.
• These terms do not override any provision of SEBI regulations. Any clause contrary to regulatory provisions is not binding on the client.

Refund and cancellation policy

• Fees are charged in advance only if agreed by the client, and for not more than one year, as presently stipulated by SEBI.
• The client may stop the service at any time by writing to mmontekssingh@gmail.com.
• In case of premature termination of the service by either the client or SKT Investments, the client is entitled to a refund of proportionate fees for the unexpired period. No breakage or cancellation fee is charged.
• Refunds are made to the original bank account or payment method within 7 working days of the termination request.

Privacy policy

We collect only the information needed to provide our services and meet KYC and regulatory requirements, such as name, contact details, PAN and address.

Your information is kept confidential. It is not sold or shared with third parties unless required to discharge legal or regulatory obligations, or with your specific consent.

We maintain records of interactions with clients and prospective clients as required by SEBI.

You can ask us to review or correct your information at any time by writing to mmontekssingh@gmail.com.

Anti-money laundering (AML) and KYC policy

• Research services are provided only after the client completes KYC, as required by SEBI.
• Fees are accepted only through banking channels (online transfer, UPI, cheque) from the client's own account. Cash and third-party payments are not accepted.
• We may decline or stop services where KYC is incomplete, information appears false, or a transaction appears suspicious, and will report such cases to the authorities where required under the Prevention of Money Laundering Act, 2002.
• KYC and transaction records are kept for the period required by law.

Website terms of use

• The content of this website is for information about our services and regulatory disclosures. It is not a research recommendation or an offer to buy or sell any security.
• The content may not be copied, reproduced or used for any commercial purpose without our written permission.
• Links to external websites (such as SEBI, SCORES and Smart ODR) are provided for convenience; we are not responsible for their content.
• Subscriptions and payments are handled on our subscription portal, which is operated for us by our technology partner.

Accessibility statement

We want this website to be usable by everyone, including persons with disabilities. It is designed to meet the Web Content Accessibility Guidelines (WCAG) 2.2 at Level AA, as required by SEBI's circular on digital accessibility. The website can be used with a keyboard and screen readers, text has sufficient colour contrast, and pages can be zoomed without loss of content.

If you face any difficulty in using this website, or need any information in an accessible format, please contact us at mmontekssingh@gmail.com or +91 79039 61774. We will respond within 7 working days.