Terms & Conditions

Rules of the road.

Last updated: 21 June 2026 · consent version 2026-06-21.v1

Contents

These Terms govern your use of Āagman, a platform operated by Koti Labs Private Limited. By creating an account you agree to these Terms, the Risk Disclosure & Disclaimer, and the Privacy Policy.

01

Acceptance & eligibility

By creating an account you agree to these Terms. You must be at least 18 years old, a resident of India, and legally able to trade in Indian securities.

02

Nature of the service

Koti Labs Private Limited is (i) a SEBI-Registered Investment Adviser (RIA, INA000021951) and (ii) an NSE-empanelled algo provider (provisional, Whitebox; NSE Circular Ref. 40/2026 (3 Jun 2026)).

Koti Labs Private Limited is NOT a stock broker, depository participant, or Research Analyst. Under SEBI's retail-algo framework, your broker is the principal and Koti Labs Private Limited acts as the broker's agent in routing algo orders.

03

Not personalised advice; suitability

Analyses, screeners, backtests, strategies and Gems are data-grounded information, not personalised investment advice or a recommendation unless explicitly delivered through a contracted RIA advisory engagement. You are responsible for your own decisions and for assessing suitability.

04

Whitebox algorithms

Strategies provided are execution (Whitebox) algorithms — their logic is disclosed to you and is replicable. They are not black-box algos and are not research reports.

05

Risk disclosure

Trading in securities, derivatives and commodities carries substantial risk of loss.

Past and backtested performance is hypothetical and does not guarantee future results.

Automated execution carries technology, connectivity, latency and market-volatility risks.

A kill-switch and risk gates exist but do not eliminate loss.

06

Brokerage integration & authorisation

You authorise the Platform to place, modify and cancel orders in your own broker account via the broker's API, using a unique vendor-client API key, a whitelisted static IP, OAuth and two-factor authentication.

You are responsible for safeguarding your broker credentials and for all orders placed in your account.

07

Order tagging & regulatory cooperation

All algo orders are tagged with an exchange-assigned unique algo ID for audit. You consent to the sharing of order and algo data among Koti Labs Private Limited, your broker and the exchange as required by law.

08

Fees & charges

All Platform subscription charges, and any fee or brokerage-sharing arrangement with your broker, are disclosed to you (per SEBI). There are no undisclosed charges.

09

Grievance redressal

Contact our Grievance Officer first; unresolved complaints may be escalated to SEBI SCORES (scores.sebi.gov.in) and the SMART ODR portal (smartodr.in). Algo-trading (execution) grievances are handled by your broker once onboarded. See the Grievance Redressal section below.

10

Limitation of liability

The service is provided "as is". To the extent permitted by law, Koti Labs Private Limited is not liable for trading losses, broker, exchange or third-party outages, or data inaccuracies. Nothing herein excludes liability that cannot be excluded under law.

11

Governing law & disputes

These Terms are governed by the laws of India, with seat at Bengaluru, Karnataka, and SEBI-prescribed arbitration / online dispute resolution where applicable.

12

Amendments & electronic consent

These Terms may change; material changes will re-prompt acceptance at next login, and the version you accepted is recorded. This is an electronic record under the Information Technology Act, 2000; your acceptance constitutes agreement.

Grievance Redressal

How to raise a complaint

LEVEL 1
Grievance Officer

Ajit Kumar — We acknowledge promptly and resolve within 21 calendar days.

ajit@kotilabs.com +91 9167949733
LEVEL 2
SEBI SCORES

Lodge a complaint if unresolved or unsatisfied.

scores.sebi.gov.in ↗
LEVEL 3
SEBI SMART ODR

Initiate online dispute resolution after taking up the complaint with us.

smartodr.in ↗