Investment Criteria for a Foreign Venture Capital Investor.
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....eign venture capital investors shall be subject to the following conditions:- (a) it shall disclose to the Board its investment strategy. (b) ^1[****] it can invest its total funds committed in one venture capital fund ^2[or alternative investment fund] ^3[****]. (c) it shall make investments ^4[****] as enumerated below: (i) atleast ^5[66.67%] of the investible....
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....clause (o) of sub-regulation (1) of regulation 2 of Securities and Exchange Board of India (Alternative Investment Funds) Regulation, 2012] in which the ^12[foreign venture capital investor] has already made an investment by way of equity; ^13[(c) preferential allotment of equity shares of a listed company subject to lock in period of one year. ^14[Provided that the investment li....
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....e achieved by the Foreign Venture Capital Investor by the end of its life cycle.] ************* NOTES:- 1 Word "while" omitted by the SEBI (Foreign Venture capital Investors) (Amendment) Regulations, 2004, w.e.f. 5-4-2004. 2 Inserted by the SEBI(Alternative Investment Funds) Regulations, 2012 w.e.f. May 21, 2013. 3 Words "it shall however not invest more....
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