Overview

• The settlement window runs from July 21, 2025 to January 19, 2026, giving eligible VCFs six months to apply.
• Only venture capital funds that have at least one expired scheme and have completed migration under the 2012 AIF Regulations qualify.
• Applicants must file through SEBI’s online portal and pay a non-refundable INR 25,000 plus 18% GST.
• Funds that miss the July 19, 2025 migration deadline or decline this opportunity may face enforcement actions for holding unliquidated investments.
• The initiative seeks to harmonize legacy VCF closures with current rules and resolve long-standing compliance gaps.