Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

COVID-19 outbreak: Sebi extends regulatory filing deadlines for AIFs, VCFs

Mar 30, 2020, 19:04 IST

PTI

New Delhi, Mar 30 () In order to reduce the compliance burden on venture capital funds (VCF) and alternative investment funds (AIF), markets regulator Sebi on Monday extended due date for regulatory filings by two months.

The move comes in the wake of recent market events due to COVID-19 pandemic, Sebi said in a circular.

Accordingly, Sebi extended the due date for regulatory filings for AIFs and VCFs for the periods ending March 31, 2020 and April 30, 2020 by two months, over and above the timelines prescribed under Sebi (Alternative Investment Funds) Regulations, 2012, the regulator said.

AIFs are privately-pooled investment funds which collect funds from investors, whether Indian or foreign, for investing in accordance with a defined investment policy for the benefit of their investors. There are three different categories of AIFs. SRS RVK

(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)