Most Important Terms and Conditions (MITC)

Applicable to Research Services by BOTALPHA TECHNOLOGIES PRIVATE LIMITED
SEBI Registration Number: INH000013475

✅ Non-Execution of Trades

  • (a) The company does not execute or carry out any purchase or sell transactions on behalf of clients.
  • (b) Clients are strictly advised NOT to permit the Research Analyst (RA) or its representatives to execute trades on their behalf.

✅ Fee Limits and Payment Terms

  • (a) Fees charged to individual and Hindu Undivided Family (HUF) clients shall not exceed the limits prescribed by SEBI/RAASB.
  • (b) Currently, the maximum fee is ₹1,51,000 per annum per family for all research services combined.
  • (c) This fee limit excludes statutory charges.
  • (d) Fee limits do not apply to non-individual clients or accredited investors.
  • (e) Fees may be charged in advance for a period not exceeding one year unless otherwise agreed.
  • (f) In case of premature termination, clients will receive a refund of fees on a pro-rata basis for the unexpired service period.
  • (g) Acceptable modes of payment include cheque, online bank transfer, UPI, and other SEBI-approved methods. Cash payments are strictly prohibited.
  • (h) Optionally, clients can use the Centralized Fee Collection Mechanism (CeFCoM) managed by BSE Limited (recognized RAASB) to make payments securely.

✅ Conflict of Interest

  • (a) The RA strictly abides by SEBI and RAASB regulations requiring timely disclosure and mitigation of any actual or potential conflicts of interest.
  • (b) Clients will be promptly informed of any conflict that may affect their research services.

✅ Prohibition of Guaranteed Returns

  • (a) Any schemes involving assured, guaranteed, or fixed returns are expressly prohibited by law and shall never be offered by the RA.
  • (b) The RA does not guarantee profits, accuracy, or risk-free investments through its research.

✅ Market Risk and Loss Disclaimers

  • (a) “Investment in securities market are subject to market risks. Read all the related documents carefully before investing.” and potential loss of capital.
  • (b) Recommendations do not assure returns, and clients must exercise independent judgment when acting on research reports.
  • (c) There is no recourse or right to claim compensation for losses arising from investment decisions based on research recommendations.

✅ Regulatory Registration and Certification

  • (a) “Investment in securities market are subject to market risks. Read all the related documents carefully before investing.” and potential loss of capital.
  • (b) Recommendations do not assure returns, and clients must exercise independent judgment when acting on research reports.
  • (c) There is no recourse or right to claim compensation for losses arising from investment decisions based on research recommendations.

DEFINITIONS

  • (a) SEBI registration as a Research Analyst, enlistment with RAASB, and NISM certification do not guarantee the RA’s performance or assure returns.

🚨 Investor SAFETY REMINDERS

✅ Make all fee payments ONLY through:

  • (a) The official website of BOTALPHA TECHNOLOGIES PRIVATE LIMITED
  • (b) Direct bank account in the firm's name
  • (c) CeFCoM link or SEBI-authorized payment methods like a valid UPI.
  • (d) Never make payments to personal UPI IDs, unofficial bank accounts, or through unverified third-party links.

✅ Grievance Redressal Process

(a) Step 1: Contact the Research Analyst directly via
📧 Email: support@validd.in
📞 Phone: +91 9582906771
🌐 Website: www.validd.in

(b) Clients must keep their contact details updated with the RA at all times to facilitate communication.

✅ Security and Privacy Reminders

  • (a) The RA will never request clients’ login credentials or OTPs for trading/demat/bank accounts.
  • (b) Clients must never share such sensitive information with anyone, including the RA.

✅ Optional Centralized Fee Collection Mechanism (CeFCoM)

  • (a) CeFCoM helps investors direct payments securely to legitimate SEBI-registered advisors.
  • (b) Enables investors to track payments made to research analysts.
  • (c) Investors can request CeFCoM payment links directly from registered Research Analysts and pay using authorized channels.

✅ Protection Against Social Media Scams

Common Scam Tactics to Watch For:

  • (a) Unsolicited Invitations: Beware of unsolicited messages or links inviting you to WhatsApp groups offering “VIP” trading tips or free courses.
  • (b) Fake Profiles: Scammers may create fraudulent identities impersonating market experts or RA representatives.
  • (c) Impersonations: Persons may masquerade as SEBI-registered intermediaries, well-known CEOs, or public figures.
  • (d) Fake Testimonials: Fraudulent groups show fabricated success stories to lure investors into transferring funds with false promises of high returns.

✅ Guidelines to Protect Yourself:

  • (a) Engage only with SEBI-registered intermediaries whose credentials are verified.
  • (b) Verify registration at SEBI’s official portal: SEBI Registration Portal
  • (c) Perform financial transactions only through official trading apps of SEBI-registered intermediaries: SEBI Investor Support
  • (d) Always communicate via authentic email addresses provided on SEBI’s portal.

✅ Tips from the RA to Avoid Scams:

  1. Search the registered name of your RA on SEBI’s official website.
  2. Obtain RA’s official email/phone details from SEBI’s listing.
  3. Initiate communication using the official email only.
  4. If you receive communication from an unrecognized or personal email, disregard it as a potential scam.