SEBI Updates Quarterly Reporting for FVCIs: New Guidelines for Detailed Venture Capital Activity Disclosures.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....This circular from SEBI provides revised guidelines for quarterly reporting requirements for Foreign Venture Capital Investors (FVCIs). Key points are: FVCIs must submit quarterly reports to SEBI on their venture capital activities, irrespective of investments made during the quarter. The revised reporting format includes details on general information about the FVCI, cumulative funds raised and invested across schemes, industry-wise investment breakup, and compliance information. Custodians are responsible for timely submission of reports. For September and December 2024 quarters, reports in the revised format must be submitted via email by November 15, 2024 and January 15, 2025 respectively. From March 2025 quarter onwards, reports must b.........