01Acceptance of Terms

These Terms of Use (“Terms”) govern access to and use of zumedha.com (the “Website”), operated by Zumedha Equity Research (“Zumedha”, “we”, “us”, “our”). By accessing or using the Website, you (“user”, “you”) agree to be bound by these Terms and by our Privacy Policy and Disclaimer, which are incorporated herein by reference. If you do not agree to these Terms, please discontinue use of the Website.

02Nature of Content

The Website publishes equity research reports, mutual fund analysis, IPO reviews, financial calculators, and related commentary on Indian listed companies and financial instruments. This content is prepared using publicly available information, including company filings, exchange disclosures, and third-party data sources believed to be reliable. Zumedha does not guarantee the accuracy, completeness, or timeliness of any information published on the Website.

03No Investment Advice

Valuation ranges, buy/sell zones, scenario analyses, and verdicts published in our reports reflect an analytical exercise based on stated assumptions and methodologies — they are not personalised recommendations and do not account for any individual reader’s financial situation, risk tolerance, or objectives. Investments in securities are subject to market risk; past performance is not indicative of future results. You are solely responsible for your own investment decisions and are strongly encouraged to consult a SEBI-registered Investment Adviser or Research Analyst before acting on any information published here.

04Eligibility & Account Use

The Website is intended for use by individuals who are at least 18 years of age and legally capable of entering into binding contracts under the Indian Contract Act, 1872. Where any part of the Website requires registration or account creation, you agree to provide accurate information and to keep your login credentials confidential. You are responsible for all activity that occurs under your account.

05Intellectual Property

All content on the Website — including research reports, text, graphics, layouts, data visualisations, calculators, logos, and the overall design system — is the property of Zumedha Equity Research or its licensors and is protected under the Copyright Act, 1957, and applicable trademark law, unless otherwise indicated.

• You may view, download, and print content for personal, non-commercial use.
• You may not reproduce, republish, distribute, or create derivative works from any report or substantial portion of the Website’s content without prior written permission from Zumedha.
• Any permitted reproduction must retain all copyright and attribution notices.

06Permitted Use

You agree not to:

• Use the Website for any unlawful purpose or in violation of these Terms;
• Scrape, mirror, or systematically extract content from the Website without authorisation;
• Interfere with or disrupt the Website’s servers, security features, or networks;
• Misrepresent Zumedha’s research as your own or as personalised advice to third parties;
• Upload or transmit any material that is defamatory, infringing, or harmful.

07Third-Party Links & Content

The Website may contain links to third-party websites, data providers, or services for reference and convenience. Zumedha does not control and is not responsible for the content, accuracy, or practices of any third-party site. Inclusion of a link does not imply endorsement.

08Disclaimers

The Website and all content are provided on an “as is” and “as available” basis, without warranties of any kind, whether express or implied, including but not limited to warranties of accuracy, completeness, merchantability, fitness for a particular purpose, or non-infringement. Financial markets are inherently unpredictable, and any forward-looking statements, projections, or valuation estimates are subject to significant uncertainty. For complete risk disclosures, please refer to our Disclaimer page.

09Limitation of Liability

To the maximum extent permitted by applicable law, Zumedha, its founders, contributors, and affiliates shall not be liable for any direct, indirect, incidental, consequential, or special damages — including loss of profits, data, or investment value — arising out of or in connection with your use of, or inability to use, the Website or its content, even if advised of the possibility of such damages. Nothing in this section limits liability that cannot be excluded under applicable Indian law.

10Indemnification

You agree to indemnify and hold harmless Zumedha and its founders, contributors, and affiliates from any claims, losses, liabilities, damages, or expenses (including reasonable legal fees) arising from your use of the Website, your violation of these Terms, or your violation of any rights of a third party.

11Privacy

Your use of the Website is also governed by our Privacy Policy, which describes how we collect, use, and protect personal information in accordance with the Digital Personal Data Protection Act, 2023, and other applicable law. Please review it carefully.

12Modifications to Terms

Zumedha reserves the right to modify these Terms at any time. Material changes will be reflected by updating the “Effective Date” above. Continued use of the Website after changes are posted constitutes acceptance of the revised Terms. We encourage you to review this page periodically.

13Termination

Zumedha may suspend or restrict access to the Website, in whole or in part, for any user found to be in violation of these Terms, without prior notice, at its sole discretion.

14Governing Law & Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of India. Any disputes arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the competent courts at Bhubaneswar, Odisha, India.

15Contact

For questions regarding these Terms, please reach out using the details below.