Mumbai, Oct. 16 -- The Securities and Exchange Board of India (SEBI) has extended the deadline for angel funds to comply with a key disclosure requirement related to investment allocation.

The securities market regulator announced that angel funds now have until 31 January 2026, to specify their allocation methodology in their Private Placement Memorandum (PPM).

SEBI said the extension follows representations from the alternative investment fund (AIF) industry, which sought more time to meet the requirement. The move is aimed at providing ease of compliance for existing market participants.

After the new deadline, angel funds must ensure that all investment allocations strictly adhere to the methodology disclosed in their PPMs.

The re...