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Areion Assets Management, 2 others settle AIF violation case with Sebi

Areion Assets Management, 2 others settle AIF violation case with Sebi

Thu, May 02, 2024

Areion Asset Management (Manager) was allegedly responsible for making investment decisions and was required to comply with the provisions of AIF regulations, fund documents and applicable laws, however, it allegedly failed to comply with the rules as ASSIS breached the concentration limit from March 2022 to April 2023.

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