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This document prepared by ValueQuest Investment Advisors Private Ltd, is meant for the sole use of the recipient and not for public circulation. This document should not be reported or copied or made available to others, either in part or full. The information contained herein is obtained based on internal data and publicly available information and other sources believed to be reliable. ValueQuest does not claim or warrant the accuracy, correctness or completeness of the data mentioned herein. As such, this document should not be relied upon for any purposes including investments in any security. This document is for personal information only and does not constitute an offer, invitation, or inducement to invest in any security/units whatsoever. ValueQuest or any of its employees are under no obligation to update the information contained in this document. As permitted by SEBI regulation, ValueQuest and its affiliates, associates, officers, directors, and employees, including persons involved in preparation of this document may: (a) from time to time buy or sell, any of the securities of any company mentioned herein or otherwise; or (b) be engaged in any other transaction involving such securities. Client has an option for direct onboarding without intermediation of person engaged in distribution services. Performance related information provided in this document is not verified by SEBI. Past performance is not indicative of future returns. Investment in equities involves substantial risk including permanent loss of capital (in whole or in part) and hence may not be suitable for all investors. The statements contained herein may include statements of future expectations and other forward-looking statements that are based on our current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in such statements. Readers shall be fully responsible / liable for any decision taken based on this presentation. Readers should before investing make their own investigation and seek appropriate professional advice. Investments in Securities are subject to market and other risks and there is no assurance or guarantee that the objectives of any of the strategies will be achieved. Clients are not being offered any guaranteed/assured returns. The distribution of this document in certain jurisdictions may be restricted by law, and persons in whose possession this document comes, should inform themselves about and observe any such restrictions. Please read Disclosure Document, Offer Documents (includes Private Placement Memorandum, Contribution Document / Subscription Agreement) carefully before investing. Investors are expected to understand the risk factors associated with investment and act on the information solely at their own risk.

Any reference to the Fund’s investments includes investments made for and on behalf of the Fund as per its governing documents.

The stock/stocks discussed herein is/are for illustration purpose and should not be construed as buy/sell recommendation and the portfolio manager / investment manager may or may not have exposure to the same.