SEBI/HO/AFD/AFD-PoD-3/P/CIR/2024/121 September 13, 2024
circulars
Parent: THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992
CIRCULAR SEBI/HO/AFD/AFD-PoD-3/P/CIR/2024/121 September 13, 2024 To, All Foreign Venture Capital Investors All Custodians Dear Sir / Madam, Subject: Reporting by Foreign Venture Capital Investors (FVCIs). In accordance with Regulation 13(1) of SEBI (FVCI) Regulations, 2000, FVCIs are required to submit quarterly reports to SEBI in the format specified with respect to their venture capital activity as Foreign Venture Capital Investor. The format for the quarterly report on venture capital activity to be submitted by FVCIs is revised and same is enclosed as Annexure-1. FVCIs shall submit the aforesaid quarterly report irrespective of the fact that any investment is made or not during the quarter. In accordance with Regulation 14 (2) of FVCI Regulations, 2000, Custodian shall be responsible for timely submission of the report. Applicability The report for the quarter ending September 30, 2024 and December 31,2024 shall be submitted in excel file in the revised format by November 15, 2024 and January 15, 2025 respectively through email at fvci-report@sebi.gov.in. From quarter ending March 31, 2025 onwards, FVCIs shall submit quarterly report in the revised format on the SEBI intermediary portal (SI Portal). The report shall be submitted within 15 calendar days from the end of each quarter. This Circular is issued in exercise of the powers conferred under Section 11(1) and Section 11A of the Securities and Exchange Board of India Act, 1992 read with Regulations 13 (1) SEBI (Foreign Venture Capital Investor) Regulations, 2000 to protect the interest of investors in securities and to promote the development of, and to regulate the securities market. This Circular is available at www.sebi.gov.in under the link “Legal --- Circulars”. Yours faithfully, Manish Kumar Jha Deputy Gen