Relaxation in timeline for disclosure of allocation methodology by Angel Funds
Summary
SEBI has extended the deadline for existing Angel Funds to disclose their investment allocation methodology in Private Placement Memorandums (PPMs) from October 15, 2025, to January 31, 2026. This relaxation responds to industry requests for additional time to comply with the revised regulatory framework notified in September 2025. Post-January 31, 2026, all investments made by these funds must adhere to the disclosed allocation methodology.
Text
Based on representation from the AIF industry requesting additional time to meet this requirement, it has been decided to extend the said timeline to January 31, 2026, for ease of compliance.
Accordingly, allocation of any investment made by existing Angel Funds post January 31, 2026, shall be in accordance with the defined allocation methodology disclosed in their PPMs.
Source: SecMarx — Relaxation in timeline for disclosure of allocation methodology by Angel Funds. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.