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of <h1>SEBI Extends Disclosure Deadlines Under AIF Guidelines; New Rules on Fund Changes and Investor Approvals Announced.</h1> The circular issued by SEBI provides clarifications and extends deadlines related to the 'Guidelines on disclosures, reporting, and clarifications under AIF Regulations.' The deadline for sending annexures to investors is extended to August 31, 2014. Disciplinary history disclosure applies to the last five years for penalties over Rs. 5 lakhs. Disputed tax liabilities in personal capacity are excluded. Changes in fund terms must be reported every six months, with material changes requiring 75% investor approval. Joint investors are defined as those contributing to the AIF, and investee companies must hold at least one project.
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