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SEBI Extends Angel Fund PPM Disclosure Deadline

16 October 20251 min read
BANKING & FINANCESEBI ExtendsAngel Fund PPMDisclosureDeadline16 October 2025safalsetu.com

Why in the news

After the AIF industry asked for more time, SEBI extended the date for angel funds to state their allocation methodology in the Private Placement Memorandum (PPM).

Key facts

  • Angel funds: back early-stage startups with risk capital and mentoring, usually from HNIs and family offices.
  • PPM: offer document covering strategy, risks, fees, terms and allocation methodology.
  • Allocation methodology: how money will be spread across startups.

Exam angle

  • Regulator: SEBI.
  • Purpose of the PPM: transparency for investors.

Test yourself

1. SEBI extended the angel funds' PPM allocation methodology disclosure deadline to which date?

The new deadline is 31 January 2026; the old one was 15 October 2025.

2. Angel funds are classified by SEBI as which type of fund?

Angel funds are Category I Alternative Investment Funds.

3. In which document must angel funds disclose their allocation methodology?

The disclosure is to be made in the Private Placement Memorandum (PPM).

This topic is part of Daily Current Affairs 16 October 2025 (17 topics).

All topics of the dayDay quizOctober 2025

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