Entities listed on SSE to submit audited annual impact report, says Sebi

Market regulator clears the decks for setting up the bourse

The Securities and Exchange Board of India (Sebi) on Monday issued a detailed framework for the Social Stock Exchange (SSE), a regulated structure that will facilitate an additional avenue for social enterprises to raise funds. The framework lists registration and regulatory disclosures, including filing of audited annual impact report, for non-profit organisations that want to use the exchange. 

Finance Minister Nirmala Sitharaman proposed the concept of an SSE in her speech for the 2019-2020 Budget. The exchange is aimed at helping non-profit sectors to channel greater capital through the bourse. The market regulator notified regulations for the SSE in July