“To bring in awareness, we have been conducting various events and hand-holding social enterprises currently at various stages of onboarding on the exchange,” NSE MD and CEO Ashishkumar Chauhan said. On Thursday, SEBI gave its final approval to NSEA for launching Social Stock Exchange Exchange (SSE), as a separate segment on its platform.
The Social Stock Exchange segment will provide a new avenue for social enterprises to finance social initiatives, provide them visibility and bring in increased transparency in fund mobilization and utilization by social enterprises.
The CEO has also urged social enterprises to get in touch with NSE to understand the process and the benefits of registering. Any Non-Profit Organization (NPOs) and For-Profit Social Enterprises (FPEs) can get themselves listed.
The first step for onboarding starts with registration on the Social Stock Exchange segment. After listing, NPOs can initiate the fund mobilization process by the issuance of instruments such as Zero Coupon Zero Principal (ZCZP) through a public issue or private placement.