Sebi eases AIF rules, cuts SSE size; delays delisting decisions

Sebi eased rules for AIFs, reducing SSE issue size, and deferred delisting and NRI investment decisions. Index providers face regulatory oversight based on AUM. Small REITs allow voluntary fractional platform migration. Fresh AIF investments post-Sept 2024 must be dematerialized, with mandated custodians for larger AIFs. Non-profit ZCZP issue size lowered to Rs 50 lakh. SSE compliance simplified, settling T+0 by March 2024 optional. Higher NRI contributions to FPIs deferred for further discussion.

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