Impulse Capital Research Analysis Pvt. Ltd. (“ICRA”) is a proprietary trading firm and operates solely as such. ICRA is not a registered entity with the Securities and Exchange Board of India (SEBI) and does not hold any licenses or registrations under SEBI’s regulatory framework. Consequently, ICRA does not provide or offer any services that would typically require SEBI registration, such as managing investments, advising on securities, or soliciting public funds for trading or investment purposes.

ICRA does not charge fees from any individuals or third parties for facilitating trading on its platform, nor does it collect funds from individuals for investment or trading purposes. As a proprietary trading firm, ICRA solely engages in trading activities using its own capital, and does not manage or handle client funds, nor does it provide investment advisory services.

ICRA also makes no representations, warranties, or guarantees regarding the potential for profit or growth in capital associated with any trading activities. ICRA does not provide any form of assurance on investment returns, and individuals should be aware that trading in financial markets carries inherent risks, including the possibility of loss. Any suggestion or implication of guaranteed returns or capital appreciation is contrary to the firm’s policies and purpose.

By using or engaging with any information provided by ICRA, individuals acknowledge and accept that ICRA is not responsible for any financial losses, liabilities, or damages resulting from trading activities. All trading activity is conducted internally, with ICRA using its proprietary trading strategies for its own account and financial objectives. ICRA is not a SEBI-registered investment advisor, broker, or any other SEBI-regulated entity, and does not act as one.

Furthermore, any entity or individual engaging with ICRA should be aware that ICRA is not responsible for providing any investment services typically regulated by SEBI. Anyone engaging in proprietary trading or similar activities should be aware of all regulatory requirements and should not interpret ICRA’s activities as offering, promising, or implying regulated financial services or investment opportunities.