Activities of Mizuho Securities India Private Limited which are not regulated by SEBI or any other Financial Sector Regulator

This website disclosure is being made in compliance with the SEBI (Merchant Bankers) Amendment Regulations, 2025 (“Amendment Regulations”), and the SEBI Circular No. HO/49/11/(106)2025-CFD-RAC-DIL3/1/1796/2026 dated January 02, 2026 (“Circular”).

Mizuho Securities India Private Limited, a merchant banker registered with the Securities and Exchange Board of India (“SEBI”), undertakes the following fee-based, non-fund-based activities through a separate business unit, which are not regulated by SEBI or any other Financial Sector Regulator:

Other client advisory including but not limited to (i) advisory services in relation to mergers and acquisitions of unlisted entities, (ii) business advisory services related to the financial services sector, and (iii) any other activities as may be permitted under applicable law.

None of the SEBI investor protection mechanisms will be available for any grievances or disputes arising out of or pertaining to the aforesaid non-SEBI regulated activities.