SMK Learning Portal (LMS): Disclaimer and Terms & Conditions

When you register free on the SMK Learning Portal (LMS), ticking ✔ "मी सहमत आहे… सोबत जोडलेले सर्व नियम व अटी (Disclaimer) मला मान्य आहेत" ("I agree… I accept all the attached Terms & Conditions (Disclaimer)") is your acceptance of this text, in its Marathi original.

1. Parties and definitions

In these Terms & Conditions, "SMK" means SMK ENTERPRISES, Pune (a GST-registered sole proprietorship of MANOJ KAWADE; GST trade names: SMK ENTERPRISES, SMK FINANCIAL SERVICES, Maharashtra Consultancy Services), whose brand is "SMK Stock Market Trading & Training", and, for mutual fund distribution, its trade name SMK FINANCIAL SERVICES (AMFI ARN-262403; ARN holder: MANOJ DHONDIBA KAWADE), its proprietor MANOJ KAWADE (मनोज कवडे), proprietor, and their successors. "Platform" means SMK's website, LMS (Learning Portal), App, WhatsApp / Email communication and online / offline classes. "You" means the person accepting these Terms & Conditions.

2. Education only; no advice or recommendation

All courses on the Platform (free or paid, online or offline), slides, audio, videos, calculators, the Demo App, examples, charts and strategies are for educational purposes only. They are not a recommendation to buy / sell / invest in any share, F&O, commodity, mutual fund or other product, a "tip", personal investment advice or an assurance of returns. Examples are hypothetical / for illustration only; past performance is not a guarantee of the future.

3. Market risk and your own responsibility

Investment and trading in the securities market are subject to market risk; part or all of the capital may be lost. F&O (Futures & Options) is extremely risky; according to SEBI's studies, most individual F&O traders make losses. Every trading / investment decision you take, its timing, its amount and the profit or loss arising from it are entirely your own decision and your own responsibility.

4. Courses, fees and results

The format, duration, fees and discounts of courses may change from time to time; in each case, the fees and refund policy published at that time will apply. Completing a course or receiving a certificate does not guarantee any income, profit, job or success.

5. Third-party products and services

Through the Platform or through SMK, you may receive information about, or a reference to, the following kinds of products / services: Demat / Trading accounts (through a SEBI-registered stock broker; where applicable, with SMK acting as that broker's Authorised Person), Algo platforms / software and DIY algo tools operating under SEBI's rules, ready-made portfolios or advisory services of SEBI-registered Research Analysts / Investment Advisers, SEBI-registered PMS, Mutual Funds (through an AMFI-registered distributor), Insurance, and other products / services that may come in the future. These services are provided by the respective registered entities under their own terms, fees, risk disclosures and documents. Before taking any product / service, you will yourself read, check and understand all of its documents. To the maximum extent permitted by law, SMK will not be responsible for the performance of such products, technical problems, service interruptions, or any profit / loss arising from them.

6. Staff, Agents, Associates, Franchise and references (Referral / Share Card)

Any statements, promises, tips or claims of returns made personally by SMK's employees, agents, associates, franchise, partners or any person connected with SMK for any reason, or by the person through whose reference (e.g. a Share Card / referral link in the LMS) you came to SMK, are not binding on SMK unless given in writing under SMK's authorised signature. Do not pay money in SMK's name to any person in cash or into a personal account; use only the official channels and a receipt. To the maximum extent permitted by law, SMK will not be responsible for any profit / loss arising from the independent actions, advice or transactions of such persons.

7. External websites, social media and influencers

SMK will not be responsible for losses from transactions you carry out after this course under the influence of other websites, apps, social media, "tip groups", influencers or third parties.

8. Future products and services

These Terms & Conditions will apply to all of SMK's current educational products and services and to those started in the future; where a service has separate terms, those will apply in addition.

9. Limitation of liability and claims

To the maximum extent permitted by law: (a) SMK, its directors, employees and representatives will not be responsible for profit or loss in your trading / investment, lost opportunities or indirect loss, and you will not make any claim against them for it; (b) SMK's total liability for any reason, if any, will be limited to the fee you actually paid to SMK for the relevant course. Any liability that cannot be excluded by law (e.g. fraud) is not excluded by these Terms & Conditions.

10. Free will, understanding and eligibility

You are over 18 years of age; you have read these Terms & Conditions in full, you have understood their language, and you are accepting them voluntarily and with full understanding, not under any pressure, inducement, greed or intoxication. If you have any doubt, you have the opportunity to ask SMK before accepting.

11. Information and privacy

You consent to the use of your name, contact details and learning record to provide the course, certificate, help and related information, and to being contacted by call / WhatsApp / email (Digital Personal Data Protection Act, 2023). You may withdraw this consent at any time by informing us in writing.

12. Grievance redressal, law and jurisdiction

For complaints / questions: smkstockmarket55@gmail.com · 9975071730 / 8975187335 / 9175253275. For registered products, the respective entities and the official channels SEBI SCORES / SMART ODR may also be used. These Terms & Conditions shall be governed by Indian law, and the courts at Pune shall have jurisdiction over disputes relating to them.

13. Electronic acceptance

The acceptance given in the registration form by ticking ✔ "मी सहमत आहे… सोबत जोडलेले सर्व नियम व अटी मला मान्य आहेत" ("I agree… I accept all the attached Terms & Conditions") is an electronic acceptance under the Information Technology Act, 2000. The date, time, day, IP address and device of the acceptance, and a digital fingerprint (hash) of this text, are recorded, and they will be admissible as evidence. A copy of these Terms & Conditions will be made available to you.

Text version: v1 · Translation published: 30 October 2026

Also see: Disclaimer Privacy Policy Terms of Use & User Guidelines Refund & Cancellation Policy Grievance Redressal