The Securities and Exchange Board of India (SEBI), through the Securities and Exchange Board of India (Foreign Venture Capital Investors) (Amendment) Regulations, 2026 dated July 3, 2026, has amended the Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations, 2000. The amendments will come into force on the one hundred eightieth day from the date of publication in the Official Gazette. The regulations omit the requirement in Regulation 3(3) relating to the fee specified in the Second Schedule. The Second Schedule has been amended by replacing the application fee of $2500 with Rs. 2,30,000 in eligible foreign exchange equivalent, payable prior to the grant of the certificate of registration, replacing the renewal fee of $100 with Rs. 9,000 in eligible foreign exchange equivalent, and replacing the late fee amounts of $5 and $150 with Rs. 500 and Rs. 15,000 respectively in eligible foreign exchange equivalent. The amended Clause (6) requires every designated depository participant to remit fees collected from foreign venture capital investors in INR to SEBI within five working days of grant of registration or receipt of renewal or late fees, along with prescribed details.
SECURITIES AND EXCHANGE BOARD OF INDIA
NOTIFICATION
Mumbai, the 3rd July, 2026
Securities and Exchange Board of India (Foreign Venture Capital Investors) (Amendment) Regulations, 2026
No. SEBI/LAD-NRO/GN/309.— In exercise of the powers conferred by Section 30(1) of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Securities and Exchange Board of India hereby makes the following regulations, to further amend the Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations, 2000, namely, –
1. These regulations may be called the Securities and Exchange Board of India (Foreign Venture Capital Investors) (Amendment) Regulations, 2026.
2. They shall come into force on the one hundred eightieth day from the date of publication of these regulations in the Official Gazette.
3. In the Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations, 2000, –
I. In regulation 3(3), the words “by the fee specified in the Second Schedule and” shall be omitted;
II. in the Second Schedule,
i. in Clause (1),
a. the words and symbols “$2500” shall be substituted with the words and symbols “Rs. 2,30,000 in eligible foreign exchange equivalent”; and
b. the words “at the time of submission of the Form” shall be substituted with the words “prior to the grant of certificate of registration”.
ii. in Clause (2), the words and symbols “$100” shall be substituted with the words and symbols “Rs. 9,000 in eligible foreign exchange equivalent”;
iii. in Clause (5),
a. the words and symbols “$5” shall be substituted with the words and symbols “Rs. 500 in eligible foreign exchange equivalent”; and
b. the words and symbols “$150” shall be substituted with the words and symbols “Rs. 15,000 in eligible foreign exchange equivalent”.
iv. Clause (6) shall be substituted with the following, namely, –
“(6) Every designated depository participant shall remit the fees collected from the foreign venture capital investors in INR to the Board in the following manner:
(a) in the case of initial registration, within five working days from the date of grant of certificate of registration to the foreign venture capital investor, along with the details in the format, as may be specified from time to time;
(b) in the case of renewal fees paid for subsequent blocks after registration or any late fees, within five working days from the date of receipt of such fees by the designated depository participant, along with the details in the format, as may be specified from time to time.”
AMIT PRADHAN, Executive Director
[ADVT.-III/4/Exty./205/2026-27]
Note: The Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations, 2000 was published in the Gazette of India on September 15, 2000 vide S.O. No. 832 (E) and was last amended by the Securities and Exchange Board of India (Foreign Venture Capital Investors) (Amendment) Regulations, 2025 vide Notification No. No. SEBI/LAD-NRO/GN/2025/280.
