๐ฆ๐๐๐ ๐๐
๐๐ฒ๐ป๐ฑ๐ ๐๐ถ๐พ๐๐ถ๐ฑ๐ฎ๐๐ถ๐ผ๐ป ๐ช๐ถ๐ป๐ฑ๐ผ๐ ๐ณ๐ผ๐ฟ ๐ฉ๐๐๐ ๐ ๐ถ๐ด๐ฟ๐ฎ๐๐ถ๐ป๐ด ๐๐ผ ๐๐๐ ๐ฅ๐ฒ๐ด๐๐น๐ฎ๐๐ถ๐ผ๐ป๐
In response to industry feedback,
@SEBI_updates has extended the additional liquidation period for VCFs migrating to AIF norms by one year. Key highlights:
โย The deadline toย applyย for migration remainsย Julyโฏ19,โฏ2025โno change
โย VCFs with at least one scheme beyond its wind-up period now have an extended timelineย until Julyโฏ19,โฏ2026, for liquidation under AIF regulations
โย Transitioning VCFs will remain a Category-I AIF, seamlessly transferring existing investors, investments, and units under the new regime
๐๐ฉ๐๐โ๐ ๐ด๐๐ถ๐ฑ๐ฎ๐ป๐ฐ๐ฒ ๐ณ๐ผ๐ฟ ๐ฉ๐๐๐:
โกPrepare and submit your migration application to SEBI byย Julyโฏ19,โฏ2025.
โกUse the extended window (up to Julyโฏ19,โฏ2026) to responsibly wind up any outstanding schemes.
โกEnsure all documentationโincluding original registration certificatesโis in order for smooth transition
๐ฉ๐๐๐ ๐ฟ๐ฒ๐พ๐๐ถ๐ฟ๐ถ๐ป๐ด ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐ผ๐ฟ ๐ฐ๐น๐ฎ๐ฟ๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป ๐บ๐ฎ๐ ๐ฟ๐ฒ๐ฎ๐ฐ๐ต ๐ผ๐๐ ๐๐ผ ๐๐ฉ๐๐ (๐๐พ๐๐๐
๐บ๐๐๐๐๐บ๐ฟ๐ฟ๐บ๐๐๐@๐๐๐ผ๐บ.๐๐) ๐ผ๐ฟ ๐ฑ๐ถ๐ฟ๐ฒ๐ฐ๐๐น๐ ๐ฐ๐ผ๐ป๐๐ฎ๐ฐ๐ ๐ฆ๐๐๐ ๐ฎ๐ ๐๐ต๐ฒ ๐ฒ๐ฎ๐ฟ๐น๐ถ๐ฒ๐๐.
Read more:
economictimes.indiatimes.comโฆ
At Indian Venture and Alternate Capital Association (
@IndianVCA), our commitment is to advocate for policy frameworks that empower our member funds. SEBIโs latest move is a welcome and practical step forward, reflecting a constructive dialogue between the industry and regulator.
#SEBI #AIF #VCF #PrivateCapital #AlternativeInvestments #RegulatoryUpdate #FundManagement #PEVC #VentureCapital