Regulation 19(3) disclosure

Annual Compliance Audit Status

Last updated: July 27, 2026

Disclosure with respect to compliance with the annual compliance audit requirement under Regulation 19(3) of the SEBI (Investment Advisers) Regulations, 2013 for the last and current financial years:

Sr. No.Financial YearCompliance Audit StatusRemarks / Adverse observations, if anyAction taken
1FY 2020–21Conducted
2FY 2021–22Conducted
3FY 2022–23Conducted IA is required to obtain approval for change in shareholding effected in 2020–21. We will make the necessary intimations and obtain the necessary approvals.
4FY 2023–24Conducted
5FY 2024–25Conducted 1. Disclaimer in respect of disciplinary history, affiliations with other intermediaries, holdings or positions, conflicts of interest, and use of AI/ML.
2. In certain cases, IA is required to communicate MITC to its clients and obtain their consent.
3. IA has deposited ₹2 lakhs as against the applicable requirement of ₹5 lakhs.
1. There are no adverse disclosures in respect of disciplinary actions, affiliations, holdings, conflicts of interest etc.; the disclosures have been incorporated irrespective of whether they are adverse or not (see Disclosures).
2. MITC is being communicated to the said clients and their consent obtained.
3. The additional deposit of ₹3 lakhs has since been completed; the deposit requirement of ₹5 lakhs stands fully complied with.
6FY 2025–26Not yet conducted Audit to be conducted and completed within the prescribed timeline (six months from the end of the financial year, i.e., by September 30, 2026).

Signed copies of the annual compliance audit reports are available on request — write to hereforyou@paterson.co.in.