https://www.taxtmi.com/notifications?id=146884 Personnel eligibility for Fund Management Entities is revised through differentiated experience requirements for Key Management Personnel, professionally qualified individuals and certified candidates, with a broader definition of eligible institutions. FMEs that fail to achieve the prescribed minimum corpus may extend a valid placement memorandum for successive six-month periods by filing an application and paying the applicable reduced fee. Open-ended schemes may invest in unlisted securities only after attaining the stipulated minimum corpus. Winding up is permitted in specified corpus-failure and no-investor circumstances, while custodian appointment requirements receive a transitional arrangement. en-us Tue, 27 Jan 2026 00:00:00 +0530 Fri, 11 Sep 2026 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=146884 Personnel eligibility for Fund Management Entities is revised through differentiated experience requirements for Key Management Personnel, professionally qualified individuals and certified candidates, with a broader definition of eligible institutions. FMEs that fail to achieve the prescribed minimum corpus may extend a valid placement memorandum for successive six-month periods by filing an application and paying the applicable reduced fee. Open-ended schemes may invest in unlisted securities only after attaining the stipulated minimum corpus. Winding up is permitted in specified corpus-failure and no-investor circumstances, while custodian appointment requirements receive a transitional arrangement. Notifications Indian Laws Tue, 27 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/notifications?id=146884