Current Affairs · SEBI Guidelines
Under SEBI's updated guidelines for angel funds, which of the following statements is/are correct? 1. The minimum investment by an angel fund in any investee company is ₹10 lakh. 2. The maximum permissible investment by an angel fund in an investee company is ₹25 crore. 3. The investment made by an angel fund in any investee company shall be locked-in for three years.
- 11, 2, and 3
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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