Alerts & Updates 23rd Jun 2026

SEBI’s Board Meeting approves GARUDA Mechanism for AIFs

Authors

Vinod JosephPartner | Mumbai
Paridhi Jain
Paridhi JainSenior Associate | Mumbai

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SEBI’s Board approved the GARUDA mechanism for processing PPMs of AIFs at its 214th board meeting on June 19, 2026.

The GARUDA mechanism approved by SEBI last Friday modify the relaxations offered by SEBI through a circular issued on April 30, 2026. We have reviewed and analysed the impact of the GARUDA mechanism in this Update.

Read the complete update here

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