Fund News

Disclosure of allocation methodology by angel funds: Sebi extends deadline to Jan 2026

Economic Times  

Capital markets regulator Sebi has extended the deadline to January 31, 2026, for disclosing the allocation methodology by angel funds in their Private Placement Memorandum (PPM).Angel funds will have to disclose a defined methodology in their PPMs for the purpose of allocating the investment among angel investors who provide approval for such investment.Accordingly, allocation of any investment made by existing angel funds post January 31, 2026, should be in accordance with the defined allocation methodology disclosed in their PPMs. As part of the revised framework, angel funds can raise capital only from accredited investors.

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