https://www.taxtmi.com/notifications?id=142262 This amendment creates a migrated venture capital fund category with a Board-driven registration process requiring prior VCF registration, fit-and-proper status, prescribed disclosures, minimum investor ticket sizes and firm investor commitments. Migrated funds may raise capital only by private placement, must issue and file placement memoranda or subscription agreements, are barred from launching new schemes, face investment concentration and asset-class allocation limits, may receive specified exceptions for market making, and are subject to tenure, liquidation, record-keeping and listing restrictions as prescribed by the Board. en-us Thu, 11 Jul 2024 00:00:00 +0530 Mon, 22 Jul 2024 11:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=142262 This amendment creates a migrated venture capital fund category with a Board-driven registration process requiring prior VCF registration, fit-and-proper status, prescribed disclosures, minimum investor ticket sizes and firm investor commitments. Migrated funds may raise capital only by private placement, must issue and file placement memoranda or subscription agreements, are barred from launching new schemes, face investment concentration and asset-class allocation limits, may receive specified exceptions for market making, and are subject to tenure, liquidation, record-keeping and listing restrictions as prescribed by the Board. Notifications SEBI Thu, 11 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/notifications?id=142262