Angel funds can’t use pre-emptive rights to back companies without startup status: SEBI
- Posted on March 17, 2025
- By Financial Express
- 5 Views
Angel funds can’t use pre-emptive rights to back companies without startup status: SEBI
Angel funds cannot exercise their pre-emptive rights to make additional investments and increase stakes in their existing portfolio companies if they have lost their startup status, according to the market regulator Securities and Exchange Board of India (SEBI).
