https://www.taxtmi.com/circulars?id=66025 Amendments fix timelines for transfers: dividends are to be paid within seven working days from a record date set two working days after public notice; redemption or repurchase proceeds must be transferred within three working days, with an extended five working day period for schemes predominantly invested in prescribed overseas investments. AMFI will publish exceptional circumstances and applicable extended time frames. Interest for delay is payable to unitholders at the prescribed annual rate and borne by AMCs, with payment details to be reported to SEBI in the prescribed compliance format and communicated to investors. en-us Fri, 25 Nov 2022 00:00:00 +0530 Fri, 25 Nov 2022 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66025 Amendments fix timelines for transfers: dividends are to be paid within seven working days from a record date set two working days after public notice; redemption or repurchase proceeds must be transferred within three working days, with an extended five working day period for schemes predominantly invested in prescribed overseas investments. AMFI will publish exceptional circumstances and applicable extended time frames. Interest for delay is payable to unitholders at the prescribed annual rate and borne by AMCs, with payment details to be reported to SEBI in the prescribed compliance format and communicated to investors. Circulars SEBI Fri, 25 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66025