SEBI Guidelines &
Regulatory Disclaimer

The Finance Network (tfnmarkets.com) is an online information and research platform operated by Equitrust, based in Mumbai, India.

This platform is designed to provide publicly available data, research insights, and educational content about pre-IPO companies, unlisted securities, IPO news, and financial markets in India.

This platform operates purely as an information aggregator and educational resource. It does not facilitate the buying or selling of securities.

Nothing published on this website — including company profiles, valuation data, growth metrics, news articles, calculator outputs, or any other content — constitutes investment advice, financial advice, trading advice, or any other type of advice.

The content on this platform does not constitute an offer, solicitation, recommendation, or inducement to buy, sell, or hold any security, including unlisted shares or pre-IPO instruments.

Information is provided for general informational and educational purposes only and should not be relied upon as the basis for any investment decision. Investors should seek advice from a qualified, SEBI-registered investment adviser before acting on any information found on this platform.

Investments in unlisted securities and pre-IPO shares involve a very high degree of risk and may not be suitable for all investors. These instruments are NOT listed on any recognised stock exchange as defined under the Securities Contracts (Regulation) Act, 1956.

Key risks include: (a) Illiquidity — there is no established secondary market; exit may be difficult or impossible; (b) Uncertain Valuation — prices are not determined by transparent market forces; (c) No Regulatory Oversight — unlisted shares are not subject to the same disclosure and compliance requirements as listed securities; (d) Business Risk — early-stage companies may fail; (e) Dilution Risk — future funding rounds may dilute existing shareholders; (f) Total Loss — investors may lose their entire invested capital.

Past performance of any company profiled on this platform is not indicative of future results. Projected valuations and growth metrics are forward-looking statements and inherently uncertain.

All information on this platform is compiled from publicly available sources, company disclosures, news reports, and third-party data providers. We do not independently verify all information and do not guarantee its accuracy, completeness, reliability, or timeliness.

Company valuations, financial data, and other metrics displayed are sourced from publicly available reports and may not reflect the current financial position of the companies mentioned.

Equitrust and The Finance Network expressly disclaim all liability for any errors, omissions, or inaccuracies in the information provided.

Before making any investment decision, investors are strongly advised to: (a) Conduct thorough independent due diligence; (b) Consult a SEBI-registered Investment Adviser; (c) Consult a qualified Chartered Accountant for tax implications; (d) Consult a legal professional for contractual and compliance matters; (e) Read all relevant offer documents, term sheets, and shareholder agreements carefully.

Investors should assess their own risk tolerance, financial situation, and investment objectives. Investments in unlisted securities should form only a small, high-risk portion of a diversified portfolio.

SEBI regulates the securities market in India under the SEBI Act, 1992. While unlisted shares are not directly regulated by SEBI in the same manner as listed securities, SEBI has issued guidelines and advisories relevant to the trading of unlisted shares, including advisories on fraudulent schemes and manipulation.

SEBI Circular No. SEBI/HO/CFD/DCR1/CIR/P/2019/67 and subsequent circulars govern disclosures by companies and persons dealing in unlisted securities. Investors are encouraged to review SEBI's investor education resources at sebi.gov.in.

The Securities Contracts (Regulation) Act, 1956 and the Companies Act, 2013 also contain provisions relevant to the transfer of unlisted shares, including restrictions on transfer and pre-emption rights that investors must be aware of.

To the fullest extent permitted by applicable law, Equitrust, The Finance Network, its directors, officers, employees, agents, and affiliates shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising out of or related to your use of this platform or any investment decision made based on information available on this platform.

This includes, without limitation, any loss of profits, loss of data, business interruption, or capital loss.

For any complaints or grievances related to this platform, please contact us at:

Email: info@tfnmarkets.com | Phone: +91-9137099903 (Mon–Sat, 9:00 AM – 7:00 PM IST)

We will endeavour to resolve your grievance within 30 working days. If you are not satisfied with our resolution, you may escalate your complaint to SEBI through the SCORES (SEBI Complaints Redress System) portal at scores.sebi.gov.in.