It has now been decided to revise and simplify the format of report. A copy of the revised format is enclosed. In accordance with Regulation 22 of SEBI (Venture Capital Funds) Regulations, 1996,
It has now been decided to revise and simplify the format of report. A copy of the revised format is enclosed. In accordance with Regulation 22 of SEBI (Venture Capital Funds) Regulations, 1996, all venture capital funds are directed to henceforth submit the report on venture capital activity to SEBI, complete in all respects, strictly in the new format.
As per our earlier Circular No.D&CC/FITTC/CIR-05/2001 dated December 26, 2001, it was decided that those companies which do not establish electronic connectivity would be put under “trade for trade” settlement mode and would be allowed to be shifted to regular rolling settlement mode only after establishing electronic connectivity with both the Depositories.
In accordance with Reg. 13 (1) of SEBI (Foreign Venture Capital Investors) Regulations, 2000, all the Foreign Venture Capital Investors are directed to henceforth submit the report on venture capital activity to SEBI, complete in all respects, strictly in the prescribed format
