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Regulatory Disclosures & Conflicts of Interest.

This page provides information about Wealth Compounder’s service scope, registration details, relevant interests, potential conflicts, and other applicable disclosures. Please read these disclosures together with the terms of the service you are considering.

1. Entity and Registration Details

Wealth Compounder is a sole proprietorship firm owned and operated by Shivam Dugaya, registered with the Securities and Exchange Board of India (SEBI) as a Research Analyst:

  • Entity Name on SEBI Register: Shivam Dugaya Proprietor of Wealth compounder
  • SEBI Registration Number: INH000015631 (Granted under SEBI Research Analysts Regulations, 2014)
  • Registration Date & Validity: March 19, 2024 · Validity: Perpetual
  • Registered Office: C608 Sanskriti Society, Kaspate Wasti Road, Wakad, Pune, Maharashtra, 411057
  • Contact Person & Principal Analyst: CA Shivam Dugaya (Phone: +91 81092 18342 · Support: care@wealthcompounder.in · Official SEBI Email: shivamdugaya997@gmail.com · LinkedIn Profile ↗)

2. Clear Segregation of Research and Advisory

Wealth Compounder maintains an arm's-length segregation between its independent Equity Research distribution and its Personalised Investment Advisory engagements. Research reports are prepared without regard to individual circumstances and do not constitute personal financial advice. Clients of our advisory service undergo explicit suitability checks prior to receiving personal recommendations.

3. Disclosures Relating to Research Analyst and Subject Companies

In accordance with Regulation 19 of the SEBI (Research Analysts) Regulations, 2014:

  • Neither the Research Analyst nor any relative holds 1% or more financial interest or beneficial ownership in the securities of the subject companies covered in our research at the time of publication, except where explicitly disclosed in the specific report.
  • Neither the Research Analyst nor the firm has received any compensation from the subject companies for merchant banking, investment banking, brokerage services, or any other commercial products in the past 12 months.
  • The Research Analyst does not serve as an officer, director, or employee of the subject companies.
  • Wealth Compounder has not engaged in market-making activities for any subject company.

4. No Guarantees on Returns

Investments in securities markets are subject to market risks. Past performance of any company or recommendation is neither an indicator nor a guarantee of future outcomes. Wealth Compounder does not offer, promise, or assure any guaranteed returns on equity investments.

5. Fee-Only Model and Prohibition of Commissions

Wealth Compounder operates strictly on a fee-only basis. We do not accept commissions, brokerage rebates, soft-dollar arrangements, or distribution kickbacks from any asset management company, broker, or issuer. Our sole remuneration comes directly from client subscription and advisory fees.