Sebi extends deadline for angel funds to comply with accredited investor mandate
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.
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.