Acquisitions2 Mar 2026, 11:11 pm
SEBI Approves Change in Control of ICICI Ventures Funds Management Company Limited
AI Summary
ICICI Prudential Asset Management Company Ltd has received an email from ICICI Ventures Funds Management Company Limited informing about the receipt of a letter dated March 2, 2026 from Securities and Exchange Board of India (SEBI) approving the change in control of the investment manager and sponsor of certain Category Il Alternative Investment Funds (AIF) schemes. The approval is valid for a period of six months and is subject to payment of fees as applicable under SEBI (Alternative Investment Funds) Regulations, 2012.
Key Highlights
- SEBI approves change in control of ICICI Ventures Funds Management Company Limited
- Approval is valid for a period of six months and subject to payment of fees as applicable
- ICICI Prudential Asset Management Company Ltd to take suitable action in discussion with ICICI Ventures Funds Management Company Limited