India’s social stock exchange rings in hope and change

In a ceremony at the National Stock Exchange (NSE), emotions ran high as India’s inaugural listing on the NSE Social Stock Exchange (SSE) unfolded, bringing together hearts dedicated to making a difference. The event, graced by the presence of Shri. Ashishkumar Chauhan, MD & CEO of NSE, witnessed a collective passion for transformative philanthropy.

Dr. R Balasubramaniam, Chairman of the Advisory Committee for Social Stock Exchange at SEBI, and Shri Ramesh Swami, Founder Director of Unnati, added a personal touch to the occasion. Their shared commitment to social change was palpable as they, along with other dignitaries, inaugurated a platform set to redefine how giving impacts lives.

The SSE listing not only symbolizes financial transactions but represents a promise. This promise is upheld through mandatory disclosures, highlighting fund-raising purposes and timelines. Annual impact reports, audited by social audit firms, tell stories of change, of lives touched and transformed. As 38 more Non-Profit Organizations (NPOs) eagerly await their SSE listings, a tapestry of hope, trust, and shared humanity unfolds. Ashish Chauhan’s emphasis on the unique impact investing approach of Social Security Enterprises (SSEs) resonates as a bridge between donors and NPOs, bringing forth a narrative of collaboration, compassion, and a brighter future for those in need.

Leave a Reply