The Social Stock Exchange Will Start After Receiving Final Permission From SEBI

top stock exchange The Securities and Exchange Board of India (Sebi) has given the National Stock Exchange of India (NSE) the go-ahead to establish Social Stock Exchange (SSE) as a distinct division of the NSE.

The National Stock Exchange (NSE) said in a statement that the final approval was obtained on February 22. The Social Stock Market section will provide social entrepreneurs new ways to finance charitable endeavors, give them prominence, and promote transparency in how funds are raised and used by social enterprises.

NSE MD and CEO Ashishkumar Chauhan stated, "To raise awareness, we have been organizing numerous events and supporting social companies presently at various phases of onboarding on the exchange. Also, he has invited social entrepreneurs to contact the NSE to learn more about the process and advantages of signing up for and listing on the social stock market sector.

Any social business that indicates the priority of its social objective may apply to be listed on the SSE segment, regardless of whether it is a NonProfit Organization (NPO) or a For-Profit Social Enterprise (FPE). The first stage of onboarding for qualifying NPOs begins with registration on the Social Stock Market section.