SEBI amends AIF rules for flexible investment, streamlined regulatory processes
AIFs can now issue partly paid up units to investors to represent the portion of committed capital invested
AIFs will have to file private placement memorandum with SEBI through registered merchant bankers
The board of Securities and Exchange Board of India (SEBI) has approved amendments to the regulations for alternative investment funds (AIFs) during the meeting held on Friday. The changes are meant to ease compliance for AIFs, provide investment flexibility and streamline regulatory processes.
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