Terms and Conditions of Use and Research Services

1. Who we are and the roles of each party

Blueprint Desk is the brand and website (https://optionbrains.com) through which research services are offered.

Option Brains Capital Private Limited ("Research Analyst", "RA", "we", "us") is the operator of Blueprint Desk and the provider of all research. It is a SEBI-registered Research Analyst, Registration No. INH000020174, registered office Office No 306, 3rd floor, Regency Landmark Building, Ulhasnagar, Thane 421002, Maharashtra, India. CIN: as per incorporation records; GSTIN: 27AAECO1242P1Z7.

Option Brains Wealth Private Limited (the "Technology Partner") provides hosting, platform operations, CRM and service-delivery systems. It does not provide research, recommendations or any SEBI-regulated service.

"You" or "Client" means the person or entity who accesses the Platform or subscribes to a plan.

When you create an account, tick the consent box, or pay for a plan, you agree to these Terms, the MITC in Section 4, and our Privacy Policy, Refund Policy, Disclaimer, Disclosures and Investor Charter.

2. Nature of the services

We provide research services under the SEBI (Research Analysts) Regulations, 2014: research reports, research calls on equity and equity derivatives (with entry, target and stop-loss/invalidation levels), market commentary, model portfolios, technical studies and educational content.

We are not an investment adviser, portfolio manager, stockbroker or distributor. We do not provide personalised advice or risk profiling, manage funds, execute trades, or accept funds or securities for investment. All investment and trading decisions are yours alone.

Some research (such as model portfolios) may be available through a third-party broker or execution tool. Using that facility is optional and governed by that third party's terms; we are not responsible for that third party's services.

Research is delivered through your dashboard and, for eligible plans, email, Telegram, WhatsApp or other announced channels - only to onboarded paying clients of the relevant plan, except free general content.

3. Eligibility, onboarding and KYC

You must be at least 18, able to contract under the Indian Contract Act, 1872, and eligible under applicable law (services are offered to clients in India). We may refuse service where required by law or compliance policy.

Before paid research starts, you must complete KYC, give accurate information including client category, and consent to these Terms. Keep email and mobile updated. You are responsible for account credentials and activity. Each subscription is for one named user unless the plan allows more seats.

4. Most Important Terms and Conditions (MITC)

These MITC follow the Industry Standards Forum form in consultation with RAASB and SEBI (circulars dated 17 February 2025 and 2 April 2025) and form part of these Terms.

1. Consent is for research services of the RA. The RA cannot execute trades on your behalf - do not permit the RA to trade for you.

2. Fees for individual and HUF clients are subject to the SEBI/RAASB maximum (currently ₹1,51,000 per annum per family for all research services of the RA). The limit excludes statutory charges and does not apply to non-individual or accredited investors.

3. Advance fees may be charged if you agree, for no more than the SEBI-permitted period (currently one year). On early termination by either party, you get a proportionate refund for the unexpired period.

4. Pay only through specified banking modes (cheque, online transfer, UPI, Razorpay, or optionally CeFCoM). Cash is not allowed.

5. The RA must disclose and mitigate conflicts of interest as required by SEBI/RAASB.

6. Assured, guaranteed or fixed-return schemes are prohibited and will not be offered.

7. The RA cannot guarantee returns, profits, accuracy or risk-free investing. Opinions are based on available data and assumptions as of the report date.

8. Investments based on research are subject to market risk. You cannot claim losses from the RA solely for relying on a research report; reliance is on your own judgement.

9. SEBI registration, RAASB enlistment and NISM certification do not guarantee performance or returns.

10. Grievances: (1) contact Grievance Officer Mr. Avisekh Ghosh, support@optionbrains.com, +91 90908 36969; (2) SEBI SCORES https://scores.sebi.gov.in; (3) Smart ODR https://smartodr.in.

11. Keep contact details updated.

12. The RA will never ask for trading, demat or bank login credentials or OTPs - never share them.

5. Fees, payment and taxes

Plan prices and inclusions are shown at purchase. Prices are exclusive of GST unless stated; GST (currently 18%) is added at checkout and a GST invoice is issued.

Fees are collected only through banking channels (Razorpay UPI/cards/net banking/wallets as available, bank transfer, cheque, or CeFCoM). We do not accept cash or ask you to pay into a personal account. Pay only to Option Brains Capital Private Limited.

For individual and HUF clients who are not accredited investors: total fees will not exceed the SEBI family fee limit; advance fees will not exceed one year; no breakage fee on early termination.

Institutional and accredited-investor engagements may use a separate Research Services Agreement.

Subscriptions do not auto-renew. You will be reminded before expiry. Price changes apply only to future periods you have not already paid for. Material Term changes are notified at least 15 days in advance.

6. Refunds, your obligations and intellectual property

Refunds and cancellations follow our Refund and Cancellation Policy (SEBI proportionate refund for the unexpired period).

You agree not to share or redistribute paid research; share login or channel access; use the Platform unlawfully or for market manipulation; scrape or attack the Platform; post prohibited content; or give false KYC. Breach may lead to suspension or termination.

Research, models, software, text, graphics, logos and the "Blueprint Desk" brand are owned by or licensed to Option Brains Capital Private Limited. Platform software may be owned by or licensed through the Technology Partner. You receive a limited, personal, non-transferable licence for your own research use during the subscription.

7. Disclaimers, liability, suspension and law

Our Disclaimer forms part of these Terms. To the fullest extent permitted by law, neither Option Brains Capital Private Limited nor the Technology Partner is liable for trading losses, lost profit, or consequential loss from use of research or the Platform. Nothing limits liability that cannot be limited under Indian law (including the Consumer Protection Act, 2019) or RA Regulation duties. Subject to that, total liability for a claim is limited to fees you paid for the affected plan in the 12 months before the claim.

You may end a subscription under the Refund Policy. We may suspend or end access for material breach, legal requirement, or service withdrawal. If we terminate other than for your breach, or SEBI registration is suspended over 60 days or cancelled, you get a proportionate refund for the unexpired period.

These Terms are governed by the laws of India. Disputes follow our Grievance Policy, then SCORES and Smart ODR as applicable. Courts at Thane, Maharashtra have jurisdiction subject to those forums.