RA Compliance & Policies – Bharath Billa – SEBI Registered Research Analyst

As per SEBI Circular SEBI/HO/IMD/IMD-II CIS/P/CIR/2023/30 dated April 6, 2023

Billa Bharath is a SEBI-registered Research Analyst operating under the SEBI (Research Analysts) Regulations, 2014. Below are the key registration details:

Name of Research Analyst: Billa Bharath
Type of Registration: Research Analyst
SEBI Registration Number: INH000021720
BSE Enlistment Number: 6896
Registration Validity: Jul 11, 2025 – Perpetual
Registered Office Address: E-Block, Flat No. E-204, Giridhar Executive Park, Vill, Peerancheru, Rajendranagar Mandal, Hyderabad, Telangana, 500091
Contact Number: +91 9177357607
Email ID: bharathbillaca@gmail.com

Herein, you can access the complete registration details of this Research Analyst and other necessary information associated with the license.

A. Vision and Mission

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

To publish research report based on research activities of the RA.
To provide an independent unbiased view on securities.
To offer unbiased recommendation, disclosing financial interests in recommended securities.
To provide research recommendation based on analysis of publicly available information.
To conduct audit annually.
To ensure all advertisements adhere to the Advertisement Code for Research Analysts.
To maintain records of interactions with all clients including prospective clients.

C. Details of Services Provided to Investors

Onboarding of Clients — sharing terms & conditions and completing KYC of fee paying clients.
Disclosure of business activity, disciplinary history, terms of research services, risks and conflicts of interest.
Disclosure of extent of use of Artificial Intelligence tools in providing research services.
Distribution of research reports and recommendations to clients without discrimination.
Maintaining confidentiality of research reports until made available in public domain.
Respecting data privacy rights of clients and protecting unauthorized use of confidential information.
Treating all clients with honesty and integrity.

D. Grievance Redressal Mechanism

Investor may approach the Research Analyst who shall redress grievance within 21 days of receipt.
SCORES 2.0: https://scores.sebi.gov.in
Online Dispute Resolution: https://smartodr.in
Physical complaints: 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 and Disclosure
Right to Fair & True Advertisement
Right to be Heard and Satisfactory Grievance Redressal
Right to Exit from Financial product or service per agreed terms
Right to get access to services in a suitable manner even if differently abled
Right to provide feedback on financial products and services
Right against coercive, unfair, and one-sided clauses in financial agreements

F. Responsibilities of Investors

Do's:

Always deal with SEBI registered Research Analyst.
Ensure the Research Analyst has a valid registration certificate.
Check SEBI registration at: SEBI Website
Always pay attention to disclosures in research reports before investing.
Pay Research Analyst through banking channels only and maintain signed receipts.
Ask all relevant questions and clear doubts before acting on any recommendation.
Inform SEBI about Research Analyst offering assured or guaranteed returns.

Don'ts:

Do not provide funds for investment to the Research Analyst.
Don't fall prey to luring advertisements or market rumors.
Do not get attracted to limited period discounts or gifts offered by Research Analyst.
Do not share login credentials of your trading, demat or bank accounts with the Research Analyst.

Overview

This document outlines the securities dealing procedures for Mr. Billa Bharath (SEBI Registered Research Analyst - INH000021720), in compliance with the SEBI (Research Analysts) Regulations, 2014.

Key Objectives

Foster transparency in security research.
Provide investors with reliable and useful information.
Establish a clear code of conduct for research analysts.

Code of Conduct for Research Analysts

1. Honesty and Good Faith: All actions must be conducted honestly in good faith.
2. Diligence: Research reports and recommendations must be based on thorough analysis, prepared with due skill, care, and diligence.
3. Conflict of Interest: Potential conflicts of interest must be managed effectively and fully disclosed.
4. Prohibition on Insider Trading: Analysts are strictly forbidden from engaging in insider trading or front-running their own research.
5. Confidentiality: Research findings and recommendations must be kept confidential until officially published or shared with clients.
6. Professional Standards: A high standard of professionalism must be maintained throughout the research and reporting process.
7. Compliance: Full compliance with all applicable regulatory requirements is mandatory.

1. Introduction

Bharath Billa is registered with SEBI with registration no: INH000021720. These Terms & Conditions define the rules and responsibilities governing your subscription or usage of our research services via our website or any digital platform. This document includes mandatory provisions of SEBI Circular SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2025/004 dated January 8, 2025.

2. Scope of Services

Bharath Billa offers research and analysis only — we do not execute trades, handle funds, or provide guaranteed returns.
Model portfolios are informational tools only and do not assure performance or specific results.
Where applicable, AI tools may be used to support research insights. We remain fully responsible for quality, accuracy, and confidentiality.
All investments involve market risk. Past performance is not indicative of future results.

3. Eligibility

Only individuals aged 18 years or above, or legally incorporated entities, may avail services.
Clients must complete KYC verification with accurate and complete details.

4. Fees & Payment

As per SEBI Regulation 15A, Bharath Billa may charge up to ₹1,51,000 per family per annum (excluding taxes).
Fees may be collected quarterly or annually in advance as allowed by SEBI.
If services are discontinued before completion, clients will receive a pro-rata refund for the unused period with no penalty.

5. Confidentiality & Data Protection

Bharath Billa values your privacy. We do not share personal data with third parties unless required by law.

6. Limitation of Liability

Bharath Billa is not liable for any loss or financial damage incurred from decisions based on our research reports.

7. Jurisdiction

These Terms are governed by Indian law, with legal jurisdiction in Hyderabad, unless otherwise directed by SEBI.

Disclaimer: SEBI registration or NISM certification does not imply guaranteed performance or returns. All investments in securities are subject to market risks.

Disclosures

The purpose of this document is to provide essential information about Research Services to enable prospective clients to make informed decisions before onboarding.

History, Present Business and Background

Billa Bharath is registered with SEBI as Research Analyst with registration no. INH000021720 since July 11, 2025, engaged in offering research and recommendation services.

Terms and Conditions of Research Services

Research Services are limited to independent research recommendations only — no advisory or portfolio allocation services.
The Research Analyst never guarantees returns. Investment/trading is always subject to market risk.
Past performance is never a guarantee of future results.
The Research Analyst shall not be responsible for any loss to investors.

Disciplinary History

There are no pending material litigations or legal proceedings. No penalties have been issued by SEBI against the Research Analyst.

Details of Associates

No associates.

Disclosures with Respect to Research and Recommendation Services

The Research Analyst does not trade in securities which are subject matter of recommendation.
There are no actual or potential conflicts of interest arising from any connection with any issuer of products/securities.
Research Analyst has not received any compensation from companies subject to recommendation.
Research Analyst has not managed or co-managed the public offering of any company.
Research Analyst has not been engaged in market making activity of the subject company.

Standard Warning

"Investment in securities market are subject to market risks. Read all the related documents carefully before investing."

General Disclaimer

Registration granted by SEBI, enlistment as RA, or certification from NISM in no way guarantees the performance of Bharath Billa or provides any assurance of returns to investors.

All research reports are for private and personal use of the recipient and should not be reproduced or distributed without prior written consent.

Conflict of Interest

Bharath Billa or associates may, from time to time, hold positions in securities mentioned in research communications. Such holdings are disclosed wherever applicable and managed in accordance with SEBI (Research Analyst) Regulations.

Billa Bharath is committed to delivering high-quality research services with transparency and fairness, in compliance with SEBI (Research Analysts) Regulations, 2014.

Eligibility for Refunds

Non-Delivery: Full refund if agreed service is not delivered within specified timeframe due to reasons within our control.
Cooling-Off Period: Cancellation within 3 working days from payment date, provided service has not been accessed or utilized.
Premature Termination: Pro-rata refund for unutilized full months upon termination before subscription expiry.
Technical Issues: Refund if technical issues cannot be resolved within 3 working days despite reasonable efforts.
Double Payment: Excess amount refunded if charged twice or overcharged beyond SEBI-prescribed fee limit.

Non-Refundable Scenarios

Losses or dissatisfaction due to market performance or investment outcomes.
Services that have been fully or partially accessed, downloaded, or utilized.
Partial month usage — refunds apply only to full unutilized months.
Refund requests after the 3-day cooling-off period unless eligible under other criteria.
Breach of Terms — fraudulent activity, misuse of reports, or fraudulent KYC documents.

Refund Process

Email: bharathbillaca@gmail.com with your name, service details, payment reference, and reason.
Review within 5 working days. If approved, refund processed within 10 working days to original payment method.
Cash refunds are not permitted.

Contact: Phone: +91-9177357607 | Email: bharathbillaca@gmail.com

Unresolved? Escalate to SEBI SCORES: https://scores.sebi.gov.in | Helpline: 1800 266 7575

We value your trust and are committed to addressing any concerns or complaints promptly and transparently. Clients may reach out to us through any of the following channels:

Email: bharathbillaca@gmail.com
Phone/WhatsApp: +91-9177357607 during working hours
Post: E-Block, Flat No. E-204, Giridhar Executive Park, Vill, Peerancheru, Rajendranagar Mandal, Hyderabad, Telangana, 500091

We aim to provide a resolution within 21 working days from the date of receiving your complaint.

Escalation Matrix

Designation	Contact Person	Office Address	Contact No.	Email ID	Working Hours
Customer Care	Billa Bharath	E-Block, Flat No. E-204, Giridhar Executive Park, Vill, Peerancheru, Rajendranagar Mandal, Hyderabad, Telangana, 500091	9177357607	bharathbillaca@gmail.com	Mon–Fri, 10:00 AM – 6:00 PM
Head of Customer Care	Billa Bharath	E-Block, Flat No. E-204, Giridhar Executive Park, Vill, Peerancheru, Rajendranagar Mandal, Hyderabad, Telangana, 500091	9177357607	bharathbillaca@gmail.com	Mon–Fri, 10:00 AM – 6:00 PM
Compliance Officer	Billa Bharath	E-Block, Flat No. E-204, Giridhar Executive Park, Vill, Peerancheru, Rajendranagar Mandal, Hyderabad, Telangana, 500091	9177357607	bharathbillaca@gmail.com	Mon–Fri, 10:00 AM – 6:00 PM
CEO	Billa Bharath	E-Block, Flat No. E-204, Giridhar Executive Park, Vill, Peerancheru, Rajendranagar Mandal, Hyderabad, Telangana, 500091	9177357607	bharathbillaca@gmail.com	Mon–Fri, 10:00 AM – 6:00 PM
Principal Officer	Billa Bharath	E-Block, Flat No. E-204, Giridhar Executive Park, Vill, Peerancheru, Rajendranagar Mandal, Hyderabad, Telangana, 500091	9177357607	bharathbillaca@gmail.com	Mon–Fri, 10:00 AM – 6:00 PM

Still Not Satisfied?

SEBI SCORES Portal: https://scores.sebi.gov.in/
Online Dispute Resolution (ODR): https://smartodr.in

1. Introduction

We value your privacy and are committed to protecting your personal information. By using our services, you agree to the practices described here.

2. Information We Collect

Personal Information: Name, email, phone number, payment details, and KYC documents as required by SEBI.
Non-Personal Information: IP address, browser type, pages visited, time spent on site, device type, and operating system.
Cookies & Tracking: We may use cookies to improve user experience and analyze website usage.

3. How We Use Your Information

Provide and manage our services
Process payments and verify identity
Communicate updates, offers, and announcements
Comply with legal and regulatory obligations
Analyze website usage to improve functionality

4. Data Sharing & Disclosure

Bharath Billa does not sell or rent your personal information. We may share data with service providers to deliver our services, to comply with laws and regulations, or in case of business transfers like merger or sale.

5. Data Security

We take measures to protect your information, but no online method is 100% secure. By using our services, you accept this inherent risk.

6. Your Rights

Access the personal data we hold
Request corrections or updates
Request deletion of your data
Opt-out of marketing communications

Introduction

Billa Bharath is committed to providing equal access to all individuals, including persons with disabilities (PwDs). This policy is framed in accordance with the Rights of Persons with Disabilities Act, 2016, and applicable SEBI circulars.

Policy Objective

Promote non-discrimination, inclusivity, and equal participation of PwDs.
Ensure that our digital platforms, services, and communications are accessible in line with applicable laws.
Provide a clear framework for addressing accessibility-related concerns.

Applicability

All digital and communication platforms owned, operated, or managed by Billa Bharath.
All clients, investors, and stakeholders interacting with Billa Bharath.

Governance and Responsibility

Nodal Officer for Accessibility: Billa Bharath
Compliance Officer: Billa Bharath
Dedicated Accessibility Contact: bharathbillaca@gmail.com

Grievance Redressal / Escalation Matrix

Level	Designation / Role	Contact Person	Email	Phone
1	First Point of Contact	Billa Bharath	bharathbillaca@gmail.com	9177357607
2	Principal Officer (Final Escalation)	Billa Bharath	bharathbillaca@gmail.com	9177357607

Commitments

Provide services and platforms in an accessible manner, consistent with legal and regulatory requirements.
Ensure reasonable accommodations are made wherever required to assist PwDs.
Maintain bharathbillaca@gmail.com as a direct and confidential channel for PwDs to raise concerns.
Promote awareness regarding inclusivity and accessibility.
Treat all grievances of PwDs with sensitivity, fairness, and urgency.

Enforcement

This policy comes into effect immediately and shall be enforced across all operations of Billa Bharath.

Review of Policy

The Accessibility Policy shall be reviewed periodically to ensure alignment with prevailing laws and regulations.

Billa Bharath | SEBI Reg. No.: INH000021720 | BSE Enlistment No.: 6896
Address: E-Block, Flat No. E-204, Giridhar Executive Park, Vill, Peerancheru, Rajendranagar Mandal, Hyderabad, Telangana, 500091
Email: bharathbillaca@gmail.com | Mobile: 9177357607 | Website: https://bharathbilla.com/

A @valid UPI handle is an exclusive, standardized, and verified UPI ID introduced by SEBI for use by SEBI-registered intermediaries including Research Analysts, for payments starting October 1st, 2025.

SEBI has made this mandatory for all intermediaries to enhance investor protection and provide a secure, verified, and transparent payment experience.

Our UPI handle for payments: bharath.ra@validcnrb

Bharath Billa SEBI Validated UPI QR Code - bharath.ra@validcnrb

Scan to Pay — bharath.ra@validcnrb

📌 To verify authenticity, look for a white "thumbs-up" icon inside a green triangle on the payment confirmation screen or QR code.

Key Points

These handles are only for subscription payments for Bharath Billa's research services.
You do not need to remember them — we will provide them whenever required.
Payments via UPI using @Valid are safe and verified.
Direct bank transfers remain available, but UPI is recommended for added security.
Verify authenticity via SEBI Check: https://siportal.sebi.gov.in/intermediary/sebi-check

Note: Using @Valid UPI handles is optional, but strongly advised for secure and transparent transactions.