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Social Stock Exchange: What kind of organisations can list on it?

Sebi says non-profit organisations that work on eradicating hunger, poverty, and inequality, among other activities, can list on exchange

Sebi
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BS Reporter New Delhi
The Securities and Exchange Board of India (Sebi) has notified a framework introducing a social stock exchange in India, which will provide social enterprises an additional avenue to raise funds. Following up on this, the Institute of Chartered Accountants of India’s (ICAI’s) central council has reportedly approved the formation of an ‘Institute of Social Auditors of India’.

So, what is a social stock exchange (SSE), and how does it work?

What is it?

The SSE lists non-profit organisations (NPO) on stock exchanges. NPOs are establishments that work for the welfare of society or the community and are set up as