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<h1>SEBI Announces Amendments to Regulation 3 of Alternative Investment Funds to Take Effect Upon Gazette Publication.</h1> The Securities and Exchange Board of India (SEBI) has announced that amendments to sub-regulation (III) of regulation 3 of the SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2023, will take effect upon publication in the Official Gazette. This decision is made under the authority granted by specific sections of the SEBI Act, 1992. The notification, identified as No. SEBI/LAD-NRO/GN/2024/175, was issued on May 10, 2024, by the Executive Director.