Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Contact Info
Unit 266, 267 & 268, Tower B1, Spaze Itech Park Sohna Road Gurugram, Haryana 122018 connect@complinity.com +91 8181 900 600
Follow Us

A Multi-Concept Theme for Digital Agencies and Startups

8181 900 600 Request a Demo Login
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
Mobile Logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

Timeline for the Exit Option Window Period for Change in Control of Asset Management Companies (AMCs)

11-Aug-2023 | SEBI/HO/IMD/IMD-PoD-2/P/CIR/2023/142

Securities and Exchange Board of India (SEBI) has issued a Circular outlining the Exit Option Window Timeline for Change in Control of Asset Management Companies (AMCs), effective from August 11, 2023. By virtue of the Circular, a modification has been introduced to para 17.8.1 (III) of SEBI Master Circular no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2023/74 dated May 19, 2023. A change in the control of the AMC, whether direct or indirect, is now only permissible if unitholders are given an option to exit at the prevailing Net Asset Value (NAV) without any exit load. This option must remain open for a minimum of 15 calendar days from the date of communication. In cases of change in control leading to scheme consolidation or merger, the unitholders must have the opportunity to exit at the prevailing NAV without any exit load for a minimum of 30 calendar days from the date of communication. Prior to this amendment, the exit option was available for a minimum of 30 calendar days from the communication date. All AMCs are directed to implement these changes within one month from the issuance date of this circular. It is important to note that para 17.8.1 of the SEBI Master Circular, titled Master Circular for Mutual Funds, pertains to the Procedure for Change in Control of AMC. All other provisions mentioned in the aforementioned master circular related to the respective para will remain unchanged.

Upgrade to paid version to access the Notification, Circular & Rules along with the checklist

Get Legal Updates in your email

Request a Demo

Recent Posts in Corporate Laws

Corporate Laws

IFSCA issues press release regarding Access to e-KYC Setu Platform extended to REs in GIFT IFSC

19-May-2026 | Press Release

IFSCA has issued press release regarding Access to e-KYC Setu Platform extended to REs in GIFT IFSC Through this press release, the Nationa

Read More
Corporate Laws

IFSCA issues amendment to Circular titled “Permissible transactions through the Special Non-Resident Rupee (SNRR) accounts of IFSC units

19-Jun-2026 | F. No. IFSCA-FMPP0BR/4/2024-Banking

IFSCA has issued amendment to Circular titled “Permissible transactions through the Special Non-Resident Rupee (SNRR) accounts of IFSC

Read More
Corporate Laws

RBI issues Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Third Amendment Directions, 2026

19-Jun-2026 | RBI/2026-27/148 DOR.RET.REC.127/12.01.001/2026-27

RBI has issued Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Third Amendment Di

Read More
Corporate Laws

RBI issues Reserve Bank of India (Small Finance Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Third Amendment Directions, 2026

19-Jun-2026 | RBI/2026-27/146 DOR.RET.REC.124/12.01.001/2026-27

RBI has issued Reserve Bank of India (Small Finance Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Third Amendment Directi

Read More

Recent Posts

Environment, Health and Safety

Ministry of Defence has notified the Ramgarh Cantonment Board (Digging and Use of Bore Wells) Regulations, 2024

12-Jun-2026 | S.R.O. 125(E)

Ministry of Defence has notified the Ramgarh Cantonment Board (Digging and Use of Bore Wells) Regulations, 2024 to regulate the digging, reg

Read More
Local laws

Government of Maharashtra has promulgated the Maharashtra Industrial Development (Amendment) Ordinance, 2026

16-Jun-2026 | RNI No. MAHENG /2009/35528

The Government of Maharashtra has promulgated the Maharashtra Industrial Development (Amendment) Ordinance, 2026 with immediate effect. The

Read More
Industry Specific - Food Laws

Notification regarding commencement date for provisions relating to the Food Safety and Standards Act, 2006 under the Jan Vishwas (Amendment of Provisions) Act, 2026

22-Jun-2026 | S.O. 3274(E)

The Ministry of Health and Family Welfare has notified that the provisions specified at serial number 62 of the Schedule to the Jan Vishwas

Read More
Environment, Health and Safety

Rajasthan Pollution Control Board Withdraws Wastewater Estimation Guidelines for Textile Industries

22-Jun-2026 | No. F.05 (Gen-83)/RPCB/Textile/ 832-849

The Rajasthan State Pollution Control Board (RSPCB) has withdrawn its 2023 guidelines for estimating wastewater generation and production fr

Read More
Request a Demo

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Complinity Logo Transparent

Complinity is a comprehensive cloud-based Compliance Management Software that helps track and monitor statutory and regulatory compliances.

Quick Links
  • Compliance Software
  • Regulatory Compliance Software
  • Statutory Compliance Software
  • Compliance Tracking Software
  • Legal Updates
Contact Info
Unit 266, 267 & 268, Tower B1
Spaze Itech Park, Sohna Road
Gurugram, Haryana 122018
connect@complinity.com
+91 8181 900 600

Request a Demo

© 2026 Complinity Technologies Private Limited. | Privacy Policy | Data Processing Addendum

Design & Developed By  Infinite IT Solutions

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Powered by EssentialPlugin

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Thank You for your interest in Complinity. Your CV has been forwarded to HR.
In case your profile is shortlisted, HR shall contact you.