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| DISCLAIMER |
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This report and Information contained in this report is solely for information purpose and may not be used as an offer
document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments. The investment
as mentioned and opinions expressed in this report may not be suitable for all investors. In rendering this information,
we assumed and relied upon, without independent verification, the accuracy and completeness of all information that
was publicly available to us. The information has been obtained from the sources that we believe to be reliable as to
the accuracy or completeness. While every effort is made to ensure the accuracy and completeness of information
contained, SW Capital Pvt. and its affiliates take no guarantee and assume no liability for any errors or
omissions of the information. This information is given in good faith and we make no representations or warranties,
express or implied as to the accuracy or completeness of the information. No one can use the information as the basis
for any claim, demand or cause of action. SW Capital Pvt. Limited and its affiliates shall not be liable
for any direct or indirect losses or damage of any kind arising from the use thereof. Opinion expressed is our current
opinion as of the date appearing in this report only and are subject to change without any notice. Recipients of this
report must make their own investment decisions, based on their own investment objectives, financial positions and
needs of the specific recipient. The recipient should independently evaluate the investment risks and should make
such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of
companies referred to in this document and should consult their advisors to determine the merits and risks of such
investment. The report and information contained herein is strictly confidential and meant solely for the selected
recipient and is not meant for public distribution. This document should not be altered in any way, transmitted to,
copied or distributed, in part or in whole, to any other person or to the media or reproduced, duplicated or sold in any
form.
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