https://www.taxtmi.com/acts?id=54974 Private placement without listing by an Investment Trust requires advance filing of a draft placement memorandum with the Authority and payment of the applicable fee at least five working days before the issue opens. The issue must open within three months after the placement memorandum is taken on record. Fund raising is limited to investors committing at least USD 250,000 or accredited investors, with a maximum of fifty investors. A final placement memorandum must be filed within ten working days after unit allotment. en-us Fri, 11 Sep 2026 16:49:50 +0530 Fri, 11 Sep 2026 16:49:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54974 Private placement without listing by an Investment Trust requires advance filing of a draft placement memorandum with the Authority and payment of the applicable fee at least five working days before the issue opens. The issue must open within three months after the placement memorandum is taken on record. Fund raising is limited to investors committing at least USD 250,000 or accredited investors, with a maximum of fifty investors. A final placement memorandum must be filed within ten working days after unit allotment. Act-Rules Indian Laws Fri, 11 Sep 2026 16:49:50 +0530 https://www.taxtmi.com/acts?id=54974