17 Sectors For Ngo To Get Listed in Social Stock Exchange
What is a Social Stock Exchange?
social stock exchange is a platform where social enterprises/organizations can raise funds from the public. Just like equity, commodities, derivatives, and small and medium-sized enterprises (SMEs), the social stock exchange will be a segment on the stock exchange. Both BSE and NSE have received approvals to run an SSE. Organizations listed on the SSE can be For-profit Social Enterprises (FPEs) and Not-for-profit Organizations (NPOs).
What is a social enterprise?
Organizations looking to register on the SSE must prove ‘social intent’. There is no legal definition of a social organization in India. SEBI has outlined 16 broad areas that represent social activity or intent. We will elaborate on the eligibility criteria of social enterprises in greater detail in the next chapter.
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4 окт 2024
