Shahnawaz Sheikh
THELONEBULL

REGISTRATION DETAILS UNDER SEBI CIRCULAR DATED APRIL 06, 2023. In accordance with the requirements of the SEBI circular dated April 06, 2023, the following details are disclosed for the information of clients and prospective clients:

This document outlines key information about the research services provided by Shahnawaz Sheikh, to help clients make well-informed decisions before subscribing to our services. Please read this document carefully to understand the scope of services, limitations, and associated risks.

I, have been registered since 5 May 2026, and specialize in providing independent research recommendations related to securities. Our services are designed to provide insights and recommendations to help clients make informed investment decisions.

Scope of Research Services

• Our services are strictly limited to providing independent research and recommendations on securities.
• We do not offer financial planning, portfolio management, or investment advisory services.
• Recommendations are based on independent research and analysis; they do not guarantee specific returns.
• Clients are advised to conduct their due diligence before acting on any recommendation.
• Investments in financial markets involve inherent risks, and past performance should not be interpreted as an indication of future results.

Litigation and Disciplinary Actions

As of Current Date, no material legal or regulatory actions have been initiated or are pending against Shahnawaz Sheikh.

No penalties or directions have been issued by SEBI under the SEBI Act or associated regulations concerning our research services.

Information Regarding Associates

We currently do not have any associates involved in our research or recommendation services.

Conflict of Interest and Transparency

We maintain strict independence in providing research recommendations to avoid any potential conflict of interest. Below are specific disclosures related to our research services:

• Neither we nor our employees trade in securities that are the subject of our recommendations.
• Neither we nor our associates or close relatives hold 1% or more beneficial ownership in the securities discussed.
• We have no financial or material interest in the securities we recommend.
• We have not managed or co-managed any public offering of securities of the subject company.
• We have not received any compensation from the subject company for investment banking or brokerage services.
• We have not received any other form of compensation from the subject company or any third party in connection with the research report/recommendation.
• The subject company was not a client of ours or any of our associates during the last twelve months preceding the issuance of the recommendation.
• We have not acted as an officer, director, or employee of the subject company.
• We are not engaged in market-making activity for the securities recommended.

Shahnawaz Sheikh, remains committed to providing independent and unbiased research to empower clients with informed investment decisions.

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 Research Analyst with respect to the investors

• To publish research report based on the research activities of the RA
• To provide an independent unbiased view on securities.
• To offer unbiased recommendation, disclosing the financial interests in recommended securities.
• To provide research recommendation, based on analysis of publicly available information and known observations.
• To conduct audit annually
• To ensure that all advertisements are in adherence to the provisions of the Advertisement Code for Research Analysts.
• To maintain records of interactions, with all clients including prospective clients (prior to onboarding), where any conversation related to the research services has taken place.

C. Details of services provided to investors (No Indicative Timelines)

Onboarding of Clients

• Sharing of terms and conditions of research services
• Completing KYC of fee paying clients

Disclosure to Clients

• To disclose, information that is material for the client to make an informed decision, including details of its business activity, disciplinary history, the terms and conditions of research services, details of associates, risks and conflicts of interest, if any
• To disclose the extent of use of Artificial Intelligence tools in providing research services
• To disclose, while distributing a third party research report, any material conflict of interest of such third party research provider or provide web address that directs a recipient to the relevant disclosures
• To disclose any conflict of interest of the activities of providing research services with other activities of the research analyst.

• To distribute research reports and recommendations to the clients without discrimination.
• To maintain confidentiality w.r.t publication of the research report until made available in the public domain.
• To respect data privacy rights of clients and take measures to protect unauthorized use of their confidential information
• To disclose the timelines for the services provided by the research analyst to clients and ensure adherence to the said timelines
• To provide clear guidance and adequate caution notice to clients when providing recommendations for dealing in complex and high-risk financial products/services
• To treat all clients with honesty and integrity
• 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.

D. Details of grievance redressal mechanism and how to access it

1. Investor can lodge complaint/grievance against Research Analyst in the following ways:

Mode of filing the complaint with research analyst

In case of any grievance / complaint, an investor may approach the concerned Research Analyst 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 Research Analyst Administration and Supervisory Body (RAASB)

i. 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 Research Analyst:

• First review done by designated body (RAASB)
• Second review done by SEBI

ii. Email to designated email ID of RAASB

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 SMARTODR platform for its resolution through online conciliation or arbitration.

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 Exit from Financial product or service in accordance with the terms and conditions agreed with the research analyst
• 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

F. Expectations from the investors (Responsibilities of investors)

Do’s

1. Always deal with SEBI registered Research Analyst.
2. Ensure that the Research Analyst has a valid registration certificate.
3. Check for SEBI registration number. Please refer to the list of all SEBI registered Research Analyst which is available on SEBI website: SEBI Registered Research Analysts
4. Always pay attention towards disclosures made in the research reports before investing.
5. Pay your Research Analyst through banking channels only and maintain duly signed receipts mentioning the details of your payments. You may make payment of fees through Centralized Fee Collection Mechanism (CeFCoM) of RAASB if research analyst has opted for the mechanism. (Applicable for fee paying clients only)
6. Before buying/ selling securities or applying in public offer, check for the research recommendation provided by your Research Analyst.
7. Ask all relevant questions and clear your doubts with your Research Analyst before acting on recommendation.
8. Seek clarifications and guidance on research recommendations from your Research Analyst, especially if it involves complex and high risk financial products and services.
9. Always be aware that you have the right to stop availing the service of a Research Analyst as per the terms of service agreed between you and your Research Analyst.
10. Always be aware that you have the right to provide feedback to your Research Analyst in respect of the services received.
11. Always be aware that you will not be bound by any clause, prescribed by the research analyst, which is contravening any regulatory provisions.
12. Inform SEBI about Research Analyst offering assured or guaranteed returns.

Don’ts

1. Do not provide funds for investment to the Research Analyst.
2. Don’t fall prey to luring advertisements or market rumors.
3. Do not get attracted to limited period discount or other incentive, gifts, etc. offered by Research Analyst.
4. Do not share login credential and password of your trading, demat or bank accounts with the Research Analyst.

We are committed to resolving any concerns or grievances in a fair and timely manner. Clients can seek clarification regarding their queries or lodge a complaint in writing, orally, or telephonically through any of the following methods: by sending an email to thelonebullra@gmail.com, calling us at +918078651361, or writing to us at Plot No. 10, Haribhau Upadhyay Nagar main, Near cine world cinema, Pushkar Road, AJMER, RAJASTHAN, 305001. We aim to resolve all queries and complaints within 21 days from the date of receipt.

If the client is not satisfied with our resolution, they can lodge a grievance with SEBI through the SCORES platform at https://scores.sebi.gov.in or write to the office of SEBI. After exhausting the above options, if the client is still not satisfied with the outcome, they may initiate dispute resolution through the ODR Portal. For details about the ODR mechanism, applicable fees, timelines, and the resolution process, please visit: https://smartodr.in/login.

For any compliance-related queries or grievances, clients may contact our Compliance Officer, Shahnawaz Sheikh, at +918078651361 or email at thelonebullra@gmail.com. We are committed to addressing your concerns promptly and ensuring a smooth and transparent resolution process.

Grievance Redressal / Escalation Matrix

To ensure timely resolution of client queries and grievances, the following contact details are provided above.

Data for the month ending – July 2026

Trend of monthly disposal of complaints

Trend of annual disposal of complaints

We value your association with us and aim to provide the best research services. Please read our refund policy carefully before subscribing to our services.

1. No Refund for Availed Services

All payments made for our services are final and non-refundable for the period of services already availed by the client. Any dissatisfaction or complaints regarding the quality of services during the subscription period will not entitle the client to a refund or compensation.

2. Refund for Unused Subscription Period

As per SEBI guidelines, if a client chooses to cancel the subscription before the end of the subscription period, a refund will be issued for the unused portion of the subscription on a pro-rata basis. The refund will be calculated after deducting:

• Charges for services already availed
• Applicable taxes
• Administrative fees (if any)

3. No Refund for Market Outcomes

Refunds will not be provided based on the outcome of trades or dissatisfaction with recommendations. Investment in securities markets is subject to market risks, and any profits or losses incurred from the use of our recommendations are the sole responsibility of the client.

4. Acknowledgement of Terms

By subscribing to our services and making a payment, the client confirms that they have read, understood, and agreed to this refund policy and the associated terms, disclosures, and disclaimers available on our website.

5. Contact for Assistance

For any queries or assistance regarding our refund policy, please reach out to us:

Phone: +918078651361
Email: thelonebullra@gmail.com

By accessing and using this website, you agree to be bound by the following terms and conditions.

The free trial recommendations provided by Shahnawaz Sheikh are intended solely for demonstration purposes. The decision to act upon or disregard these recommendations rests entirely with you.

Research recommendations are based on the package you select. We conduct comprehensive analysis to generate these recommendations. However, the final decision to follow or avoid these recommendations is yours. Shahnawaz Sheikh will not be held liable for any gains or losses resulting from your decisions based on our recommendations.

Shahnawaz Sheikh does not accept responsibility for any losses arising from market fluctuations, delays in receiving recommendations, technical issues, or any inaccuracies in the information provided. Please be aware that investing and trading in the stock market involves inherent risks, and we are not liable for any losses or damages resulting from these activities.

All employees, associates, and clients of Shahnawaz Sheikh are strictly prohibited from sharing our research reports or any confidential information. Legal action will be pursued in cases of non-compliance with this policy.

No employee or associate of Shahnawaz Sheikh is permitted to accept gifts or personal benefits from clients. All payments should be made exclusively to the official account listed on our website, and not to any individual account.

We do not manage Demat or trading accounts. Therefore, you should never share your account credentials, including user ID, password, security question answers, or OTPs, with any of our staff members. We will not be held responsible for any issues arising from the sharing of such details.

Shahnawaz Sheikh reserves the right to modify these terms and conditions at any time, without prior notice. Any changes will become effective immediately upon being posted on the website.

By using this website, you acknowledge that you have read, understood, and agreed to the terms of this disclaimer. Trading in the stock market is inherently risky, and you accept full responsibility for the outcomes of your trading decisions, including any potential loss of capital. The information and recommendations provided on this website are intended for informational purposes only and should not be considered as financial advice or a solicitation to buy or sell any securities.

All content, research, and recommendations provided on this website are for personal use only. Reproduction or distribution of any content from this site without prior written consent from Shahnawaz Sheikh is strictly prohibited.

By continuing to use this website, you confirm your acceptance of these terms and conditions.