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TMI BlogSEBI amended Alternative Investment Funds (AIF) Regulations to introduce a new Chapter III-D for...SEBI amended Alternative Investment Funds (AIF) Regulations to introduce a new Chapter III-D for "migrated venture capital funds" - funds previously registered as venture capital funds under 1996 regulations. Key provisions include eligibility criteria, investment conditions, tenure, private placement requirements, restrictions on public offerings and listing for 3 years. Existing venture capital funds must migrate within 12 months or face enhanced regulatory reporting. Other changes relate to definitions, applicability, registration process, and fee structure. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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