SEBI Disclosures & Compliance
Regulatory compliance, investor information & audit reports
Registration Details
Investor Charter for Research Analysts
Vision: To provide research-based investment recommendations that are unbiased, transparent, and in the best interest of investors.
Mission: To empower investors with quality research and analysis to make informed investment decisions in the securities market.
- Obtain unbiased research from a SEBI registered Research Analyst.
- Receive all relevant information before making investment decisions.
- Data privacy and confidentiality to be respected.
- Access to grievance redressal mechanism.
- Verify that the Research Analyst is SEBI registered.
- Read all related documents carefully before investing.
- Invest based on own risk-bearing capacity.
- Report suspicious activities immediately.
Complaint Disclosure
Updated monthly — by 7th of the succeeding month
| Month | Received | Resolved | Pending | Avg Resolution Time |
|---|---|---|---|---|
| Feb 2026 | 0 | 0 | 0 | N/A |
| Jan 2026 | 0 | 0 | 0 | N/A |
| Dec 2025 | 0 | 0 | 0 | N/A |
Note: Includes impersonation complaints, if any. No impersonation complaints have been received to date.
Compliance Audit Reports
Status and findings of compliance audit reports as per SEBI (Research Analysts) Regulations.
Signed Compliance Audit Report — FY 2024-25
No adverse findings
Signed Compliance Audit Report — FY 2023-24
No adverse findings
Signed Compliance Audit Report — FY 2022-23
No adverse findings
Note: Compliance audit status and adverse findings (if any) are publicly displayed as required by Regulation 25(3) of RA Regulations. Full PDF reports are available to logged-in active subscribers.
SEBI Inspection & Action Taken Reports
Action taken reports on SEBI inspections.
Action Taken Report on SEBI's Surprise Inspection — 19th December 2024
All observations addressed
Extent of AI Use Disclosure
As per SEBI (Research Analysts) Regulations and Master Circular, it is mandatory to disclose the extent of AI used in client servicing.
Fundamental Analysis Reports
100% AI
The entire compilation, analysis, and formatting is done using AI. The AI scrapes publicly available financial data from sources such as Google Finance and Screener.in. No human analyst has manually reviewed or modified the content.
Research Recommendation Reports
~3% AI
AI is used to the extent of approximately 3%, limited to checking grammatical errors. All research analysis, recommendations, and content are prepared by the human analyst.
Disclosures
1. Trade Encore and its associates/relatives do not have any financial interest in the subject company.
2. Trade Encore and its associates/relatives do not have actual/beneficial ownership of 1% or more securities of the subject company.
3. Trade Encore and its associates/relatives have not received any compensation from the subject company in the past 12 months.
4. Trade Encore and its associates/relatives do not have any material conflict of interest at the time of publication of the research report.
5. Trade Encore and its associates/relatives have not served as officer, director, or employee of the subject company.
6. Trade Encore has not been engaged in market making activity of the subject company.
Disclaimer
Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI, membership of a SEBI recognized supervisory body (if any) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
The research recommendations provided are solely the personal views of the Research Analyst and are not to be construed as investment advice. Investors should exercise their own judgment and/or seek professional advice before acting on any recommendation.
Trade Encore will never ask for your trading/demat account login credentials, OTPs, or execute trades on your behalf. If anyone contacts you claiming to represent Trade Encore and asks for such information, please report immediately.
Grievance Redressal & SCORES/ODR
Dear Investor,
In case of any grievance / complaint against the research analyst:
- Please contact Compliance Officer of the research analyst (Shaunak Mainkar) / email-id (contactus@tradeencore.com) and Phone No. — +91 96991 87139.
- You may also approach CEO / Proprietor (Shaunak Mainkar) / email-id (contactus@tradeencore.com) and Phone No. — +91 96991 87139.
- If not satisfied with the response, lodge grievances with SEBI at scores.sebi.gov.in or write to any office of SEBI. SEBI Toll Free: 1800 22 7575 / 1800 266 7575.
- You may also consider Online Dispute Resolution (ODR) through the Smart ODR portal at https://smartodr.in
Note: If you encounter any impersonation or fraud, report immediately through the above channels.
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