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SEBI’s New Rules for AIF Investments

  • SEBI released a circular mandating AIFs to conduct valuations of their portfolio companies.
  • The circular requires AIFs to follow the IPEV Guidelines for valuing portfolio investments.
  • The guidelines specify valuation techniques such as discounted cash flows and net asset valuation.
  • SEBI's new approach aims to provide investors with objective and realistic assessments of startup values.

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