About Social Stock Exchange:
- It functions as a separate segment within the existing stock exchange and help social enterprises raise funds from the public through its mechanism.
- It would serve as a medium for enterprises to seek finance for their social initiatives, acquire visibility and provide increased transparency about fund mobilisation and utilisation.
- Retail investors can only invest in securities offered by for-profit Social Enterprises(SEs) under the main Board.
- In all other cases, only institutional investors and non-institutional investors can invest in securities issued by SEs.
Who is eligible?
- Any social enterprise, Non-Profit Organisation (NOPs) or For-Profit Social Enterprises (FPEs), that establishes its primacy of social intent can get registered or listed on the Social Stock Exchange segment.
- As per the SEBI’s regulation, the enterprises must be serving to:
- eradicate either hunger, poverty, malnutrition and inequality;
- promoting education, employability, equality, empowerment of women and LGBTQIA+ communities; working towards environmental sustainability;
- protection of national heritage and art or bridging the digital divide, among other things.
