Social stock exchange sees its first listing
Business Standard|December 14, 2023
Social stock exchange (SSE) saw its first listing on Wednesday, with SGBS Unnati Foundation becoming the first entity to take this route to avail financing.
KHUSHBOO TIWARI
Social stock exchange sees its first listing

The foundation - engaged in vocational training of youth raised ₹1.8 crore from four investors. These include brokerage firm Zerodha and National Bank for Agriculture and Rural Development (Nabard). The funds will be utilised for job training to around 10,000 graduates from government colleges.

The issue was open between October 30 and November 22.

Coined as a game-changer for social enterprises to raise funds, the SSEfacilitated by both BSE and the National Stock Exchange (NSE) enables investors to subscribe to zero-coupon, zero principal (ZCZP) bonds of non-profit organisations (NPOs). The ZCZP is backed by robust standards of social impact and financial reporting.

この記事は Business Standard の December 14, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Business Standard の December 14, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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