SEBI has issued clarification to Alternate Investment Funds that Large Value Fund for Accredited Investors (LVFs) shall be exempted from the requirement of intimating any changes in the terms of PPM through a merchant banker. LVFs may directly file any changes in the terms of PPM with SEBI, along with a duly signed and stamped undertaking by CEO of the Manager of the AIF (or person holding equivalent role or position depending on the legal structure of Manager)and Compliance Officer of Manager of the AIF.
SEBI Issues Clarifications on Digital Accessibility Norms for Regulated Entities
9 December 2025
This update follows a series of circulars issued between July and September 2025, aimed at ensuring that all investor-facing digital platforms across India’s securities market