Declaration of Risk

Investment in unlisted securities involves substantial risks. Please read this declaration carefully and ensure you
understand all risks before making any investment decisions.

⚠️ WARNING: You may lose your entire investment. Past performance does not guarantee future results.

Last updated: July 2026

Market Risk

Unlisted securities are subject to significant market volatility and price fluctuations.

Market values can change rapidly due to economic conditions, industry trends, and company-specific factors.

There is no guarantee that the market price will reflect the intrinsic value of the securities.

External factors such as regulatory changes, economic downturns, or market sentiment can adversely affect valuations.

Liquidity Risk

Unlisted securities are highly illiquid and may be difficult or impossible to sell when desired.

There is no organized market or exchange for trading unlisted securities.

Finding buyers for your securities may take considerable time or may not be possible at all.

You may be required to hold your investment for an extended period, potentially several years.

Emergency liquidity needs cannot be met through quick sale of these securities.

Valuation Risk

Valuation of unlisted securities is subjective and may not reflect true market value.

Limited financial information and lack of market data make accurate valuation challenging.

Valuations provided are estimates and may differ significantly from actual transaction prices.

There may be substantial differences between indicative prices and actual realized prices.

Independent valuations may vary significantly from our indicative pricing.

Company-Specific Risk

Individual companies may face business challenges, management issues, or operational difficulties.

Start & apos;ups and growth companies have higher failure rates compared to established businesses.

Changes in management, business strategy, or market conditions can significantly impact company value.

Companies may fail to achieve projected growth or profitability targets.

There is a risk of total loss of investment if the company fails or becomes insolvent.

Regulatory Risk

Changes in securities regulations may affect the tradability and value of unlisted securities.

New compliance requirements may impose additional costs on companies.

Regulatory actions against companies or sectors may negatively impact valuations.

Tax law changes may affect the after-tax returns on your investments.

SEBI regulations regarding unlisted securities may change, affecting market dynamics.

Information Risk

Limited public information is available about unlisted companies compared to listed companies.

Financial statements may not be audited or may be prepared under different accounting standards.

There may be delays in receiving material information about the company.

Information asymmetry between different investors may exist.

Due diligence opportunities may be limited compared to public companies.

General Investment Risks

Capital Loss: You may lose part or all of your invested capital. There is no guarantee of returns or capital protection.

No Guaranteed Returns: All investments are subject to market risks and there are no assured returns.

Economic Factors: Inflation, interest rate changes, and economic cycles can affect investment performance.

Currency Risk: For investments in foreign companies, currency fluctuations may affect returns.

Investment Suitability

Unlisted securities are suitable only for investors who:

• Have sufficient financial resources to bear the risk of total loss

• Can afford to hold investments for extended periods (5+ years)

• Have experience with high-risk investments

• Understand the illiquid nature of these investments

• Have diversified investment portfolios

• Do not require regular income from these investments

Investor Acknowledgment

By investing through Unlisted Mart India, you acknowledge that:

• You have read and understood all the risks mentioned in this declaration

• You are making an informed investment decision based on your own analysis

• You have consulted with qualified financial advisors if necessary

• You understand that past performance does not guarantee future results

• You accept full responsibility for your investment decisions

• You understand that Unlisted Mart India does not guarantee any returns

Need Clarification?

If you have any questions about these risks or need clarification, please contact us:

info@unlistedmartindia.com

+91 9999999999

605-606, Signature Arcade, Opp. Ramji Mandir,

Mahavir Nagar, Kandivali West, Mumbai - 400067