ICICI Prudential VCF Settles SEBI Delay Case for ₹14.35 Lakh

ICICI Prudential Venture Capital Fund settles SEBI proceedings for delayed winding-up and distribution to investors.
Settlement amount of ₹14,35,500 paid jointly by the fund, its investment manager, and trustee.
Violations pertained to Regulation 23(1)(a) read with 23(3) and 24(2) of SEBI VCF Regulations, 1996.
Order settles potential enforcement action without admission of guilt, subject to future compliance.