TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Eases Compliance for AIFs: Direct PPM Changes Allowed, LVFs Exempt from Merchant Banker Notifications.</h1> The circular issued by the Securities and Exchange Board of India (SEBI) on April 29, 2024, provides a relaxation in the requirement for Alternative Investment Funds (AIFs) to notify SEBI of changes in their Private Placement Memorandum (PPM) through a merchant banker. Certain changes, detailed in Annexure A, can now be filed directly with SEBI, simplifying compliance and reducing costs. Large Value Funds for Accredited Investors (LVFs) are exempt from merchant banker notifications and can file changes directly with SEBI, accompanied by an undertaking from the AIF's CEO and Compliance Officer. The circular is effective immediately.
TaxTMI 