Compliance pillar
SEBI — for Polemarch's pooled vehicles.
Polemarch runs its own AIFs, REITs, and InvITs on Captable. The SEBI posture below is how we run them — and the same rails are available to fund managers who use Captable for their own vehicles.
AIF Regulations, 2012
Category I, II, and III AIFs are subject to quarterly reporting to SEBI, contributor disclosures, and PPM-aligned investment restrictions. Captable holds the unit-holder ledger that backs every disclosure — drawdowns, distributions, and co-investments inclusive.
REIT + InvIT Regulations
SEBI's REIT (2014) and InvIT (2014) regulations require half-yearly NAV publication, asset-level reporting, and unit-holder communication. Captable produces the NAV report from the underlying asset ledger and ties it to the trustee-confirmed numbers.
Unit-holder communication
Every unit-holder gets a prora.polemarch.in dashboard the moment their subscription is processed. Capital calls, distributions, voting events, and PPM amendments arrive there — with email mirrors and read receipts.
Disclosure ledger
SEBI inspections expect a clean disclosure trail. Captable keeps every quarterly disclosure, annual report, and material-event notice keyed to the date of dispatch and the recipient list — exportable in one packet.
What this is — and isn't.
Captable is the unit-holder + asset ledger plus the disclosure rails. It isn't a substitute for the trustee, the custodian, or the SEBI- registered investment manager — those parties remain the regulated entities. What Captable changes is the cost and latency of getting them the data they need on time.
LP visibility, by default.
Every LP in a Polemarch fund logs into the same Captable dashboard that runs the fund. NAV, contributions, distributions, and IRR are visible without an emailed PDF.