0171-2025 Elara India Opportunities Fund Limited vs SEBI

SAT · Final order

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Applicable for FPIs who met the criteria as on October 31, 2023. Certain type of FPIs (such as Sovereign Wealth Fund) could seek specific exemption from granular disclosures from their Custodian/SEBI. For the others, to avoid granular disclosures, such FPIs were given time till January 29, 2024 to realign their exposure within the threshold. 30 trading days for making granular disclosure

IN THE SECURITIES APPELLATE TRIBUNAL

AT MUMBAI

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Source: SecMarx — 0171-2025 Elara India Opportunities Fund Limited vs SEBI. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.