About the Research Analyst

Nitesh Kumar, Proprietor of Flexicap Research is a SEBI-registered Research Analyst having its registered office at: Plot No 16A First Floor, Right Side, Block R3 a3, New Sainik Vihar, Mohan Garden, Razapur Khurd, Uttam Nagar, Delhi, National Capital Territory of Delhi, 110059

Nitesh Kumar, Proprietor of Flexicap Research, was registered with SEBI as an Individual Research Analyst vide Registration Number INH000024684 on January 12, 2026, pursuant to which he provides Research Analyst services to clients.

Educational Background

Nitesh Kumar, Proprietor of Flexicap Research, has completed MBA from Sikkim Professional University and MSc from MDU. With strong analytical skills, Nitesh Kumar excels in identifying investment opportunities and implementing effective strategies.

Business Activities

Nitesh Kumar, Proprietor of Flexicap Research, provides research recommendations based on both Fundamental and Technical analysis.

Disciplinary History

There are no outstanding litigations and no disciplinary history against Nitesh Kumar, Proprietor of  Flexicap Research.

Terms and Conditions

• Nitesh Kumar , Proprietor of Flexicap Research has exercised due diligence in verifying the correctness and authenticity of the information contained herein, as far as it relates to current and historical information. However, accuracy or completeness is not guaranteed.

• The opinions expressed are based on current research as of the date mentioned and are subject to change without prior notice.

• Nitesh Kumar , Proprietor of Flexicap Research, does not accept any liability arising from the use of this document or the information contained herein.

• Recipients of this material should rely on their own judgment and seek professional advice before acting on the information provided.

• Nitesh Kumar , Proprietor of Flexicap Research, shall not be responsible for any loss or damage that may arise due to any inadvertent error in the information, views, or opinions expressed.

Conflict of Interest Disclosure

Nitesh Kumar, Proprietor of Flexicap Research, and his associates, including relatives:

• Do not hold any financial interest in the Company.

• Do not have actual/beneficial ownership of more than 1% in the Company.

• Do not have any material conflict of interest.

Independence of Research

• Nitesh Kumar, Proprietor of Flexicap Research, and his associates are not affiliated with any other intermediaries and have not received any brokerage or commission from third parties.

• Nitesh Kumar, Proprietor of Flexicap Research, and his associates have not received any compensation from the Company covered under research during the past twelve months.

• Nitesh Kumar, Proprietor of Flexicap Research, and his associates have not managed or co-managed any public offering of securities of the Company in the past twelve months.

• Nitesh Kumar, Proprietor of Flexicap Research, and his associates have not served as an officer, director, or employee of the Company and have not been engaged in the market-making activity of the Company.

Responsibility & Advice to Investors

• The facts mentioned in research reports issued by Nitesh Kumar, Proprietor of Flexicap Research, are obtained from reliable sources. However, investors are strongly advised to independently evaluate the market conditions and risks before making any investment decisions.

• Nitesh Kumar, Proprietor of Flexicap Research, may also use Artificial Intelligence tools in providing research services.