SEBI Extends Deadline For Angel Funds To Comply With Accredited Investor Mandate
However, from April 1, 2027, these Angel Funds will not be allowed to accept contributions from non-accredited investors for investment in an investee company.
SEBI has extended the accredited investor compliance deadline for existing Angel Funds to March 31, 2027. During the transition, these funds cannot offer investment opportunities to more than 200 non-accredited investors, while newer funds remain restricted to accredited investors.
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SEBI has extended the accredited investor compliance deadline for existing Angel Funds to March 31, 2027. During the transition, these funds cannot offer investment opportunities to more than 200 non-accredited investors, while newer funds remain restricted to accredited investors.
The Securities and Exchange Board of India (SEBI) has extended the deadline for angel funds registered on or before September 10, 2025, to comply with the accredited investor mandate to March 31, 2027, according to its latest circular.The market regulator said the extension was decided based on representations from the Alternative Investment Fund (AIF) industry seeking additional time for existing angel funds to meet the mandate.Under the revised timeline, angel funds registered with SEBI on or…