The National Stock Exchange (NSE) welcomed the inauguration of India’s first listing on the NSE Social Stock Exchange (SSE), setting the stage for a paradigm shift in philanthropy. Graced by the esteemed presence of Shri. Ashishkumar Chauhan, MD & CEO of NSE, alongside luminaries like Dr. R Balasubramaniam and Shri Ramesh Swami, the event marked the genesis of a transformative approach to social impact.
The SSE listing framework introduces a new era of accountability and transparency in philanthropy, requiring NPOs to disclose fund-raising purposes and timelines. Annual impact reports, audited by social audit firms, serve as a testament to the commitment to social change. Anticipation lingers as 38 additional Non-Profit Organizations (NPOs) registered with NSE SSE prepare for their listings in the upcoming months.
Ashish Chauhan emphasized the unique impact investing approach of Social Security Enterprises (SSEs), bridging the gap between donors and NPOs. This model champions transparency, trust, efficiency, and cost savings, fostering collaboration among philanthropists, investors, and NPOs.
