SEBI Extends Deadline for Holding AIFs’ Investments in Dematerialised Form, Circular Out

SEBI has extended the deadline for holding Alternative Investment Funds (AIFs) investments in dematerialized form. This extension provides AIFs with more time to comply with the dematerialization requirements. The move aims to promote greater transparency and efficiency in the AIF market. Dematerialization of investments reduces the risks associated with holding physical certificates. SEBI's decision provides AIFs with flexibility in managing their investments.