Terms of engagement

Working draft. This summary is a working draft pending legal review. Last updated 26 August 2026.

Scope

This page summarises the terms on which ProEx Advisors LLP acts. It is a plain-language summary and nothing more. The binding terms for any piece of work are set out in the signed engagement letter for that mandate, which defines the scope, the deliverables, the fee and the people responsible. Where this page and an engagement letter differ, the engagement letter governs.

What we do and do not do

We are a communications firm. We are not registered with SEBI in any capacity.

We do not provide investment, legal, accounting or tax advice, and nothing we produce should be read as a view on the merits of a security. We do not make regulatory filings on a client’s behalf; filings are made by the client through its company secretary and advisers. We do not determine what is disclosable or material — that decision belongs to the client and the persons its board has authorised to make it. Our work runs alongside those functions and never in place of them.

Fees and third-party costs

Engagements are typically priced as a one-time setup fee plus a monthly retainer, or as a single project fee for a defined sprint. The figures for a mandate are stated in its engagement letter.

Third-party costs — wire distribution, creator fees, production, media buying, tooling bought for the account — are passed through at cost, with a handling percentage stated in the engagement letter and applied to the actual invoiced amount. We do not mark up pass-through costs beyond that stated percentage, and we will show you the underlying invoice on request. GST is charged in addition to all fees at the applicable rate.

Confidentiality and price-sensitive information

Everything a client tells us is confidential and stays that way after the engagement ends. Where a mandate brings us inside a client’s insider-trading controls, we work within them: access is restricted to named people, entries are recorded in a structured digital database, and unpublished price-sensitive information does not enter our automated drafting, monitoring or reporting layers at any point. The full operating model is set out under how we work.

Conflicts and exclusivity

We hold one client per competitive set, and that exclusivity is written into the engagement letter rather than promised in conversation. We disclose our existing commitments before an appointment. Where we take political work under our separate public affairs brand during a capital-markets mandate, the client is told and has the rights set out in our disclosure, which forms part of the engagement.

Intellectual property

Deliverables produced for a client vest in that client on payment in full. The firm retains ownership of its own methodologies, workflows, templates, prompts and automation systems, together with anything developed independently of the engagement. Nothing in an engagement transfers those, and no client acquires a licence to them beyond the deliverables themselves.

Liability

Our aggregate liability under an engagement is capped at the fees actually paid to us under that engagement in the twelve months preceding the claim. We are not liable for indirect or consequential loss, or for loss of profit, revenue or goodwill. Nothing in these terms limits liability for fraud, wilful misconduct, or anything else that cannot lawfully be limited.

Termination

Either party may terminate an engagement on sixty days’ written notice. Fees for work performed and third-party costs already committed remain payable. On termination we hand over the deliverables paid for and return or delete client material on the terms recorded in the engagement letter, subject to records we are required by law to retain.

Governing law

These terms and every engagement are governed by the laws of India, and the courts at Ahmedabad have jurisdiction. Disputes are referred to arbitration under the Arbitration and Conciliation Act 1996, with the seat of arbitration at Ahmedabad.