STARTUP LEGAL8 Sept 2026
SEBI gives angel funds 7-month extension to comply with accredited investor mandate | Company Business News
SEBI has extended the deadline for existing angel funds to meet the accredited investor rule to 31 March 2027. Angel funds registered on or before 10 September 2025 can keep taking up to 200 non-accredited investors during this transition. After the deadline, fresh investments from non-accredited investors won't be allowed, though existing holdings remain valid per fund documents.
Key Statutory Highlights
- SEBI has extended the accredited investor compliance deadline for certain angel funds to 31 March 2027.
- Angel funds registered on or before 10 September 2025 may continue taking up to 200 non-accredited investors during the transition.
- From 31 March 2027, these funds cannot accept contributions from non-accredited investors for investment in an investee company, but existing investments can continue per fund documents.
Actionable Advice for Taxpayers / Founders:If you manage an angel fund registered on or before 10 September 2025, review your investor onboarding plans and complete any new non-accredited investments before 31 March 2027; consult a professional for your specific case.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: