• Fri. Sep 20th, 2024

Framework on Social Stock Exchange (“SSE”)

Byadmin

Sep 20, 2022 #SEBI

September 19, 2022

To
All Recognized Stock Exchanges
All Recognized Depositories
All Merchant Bankers and Brokers registered with SEBI
All Social Enterprises
All Social Impact Fund registered with SEBI
All Social Audit Firms/ Institute of Chartered Accounts of India

Dear Sir / Madam,

Vide notification dated July 25, 2022, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulations”), Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”) and
Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 (“AIF Regulations”) were amended to provide a broad framework for Social Stock Exchange. In terms of the said amendment, a detailed framework on SSE is specified as under:

Minimum requirements to be met by a Not for Profit Organization (NPO) for registration with SSE in terms of Regulation 292F of the ICDR Regulations A NPO desirous of registration on SSE, in terms of Regulation 292F(1) of ICDR Regulations, shall fulfil the following criteria:

To Read More….
Click the link below….

Circular : https://www.dropbox.com/s/o2t65fh8pu9h3ht/Framework%20on%20Social%20Stock%20Exchange.pdf?dl=0

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