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flag ICICI Prudential paid ₹14.35 lakh to settle SEBI fund closure delay allegations.

flag ICICI Prudential Asset Management Company and related entities have paid ₹14.35 lakh to settle a regulatory violation case with SEBI. flag The settlement resolves allegations of delays in winding up a venture capital fund, which was not fully liquidated until four years after its scheduled closure in 2023. flag The companies filed the settlement without admitting or denying the allegations, and SEBI has confirmed all potential proceedings are now resolved.

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