Pro-rata distribution mandate for AIFs may see tweaks in Sebi’s final norms
Source: Business Standard 3 min read Last Updated : Oct 10 2024 | 6:51 PM IST The final guidelines by the Securities and Exchange Board of India (Sebi) will ensure that the “excuse” and “exclude” provisions coexist with the pro-rata distribution mandate for alternative investment funds (AIFs), sources said. The mandate, which is…
