Social Stock Exchange (SSE)

    ESG & Governance

    A SEBI-regulated segment of NSE and BSE where non-profits and social enterprises raise funds for social projects, with standard disclosure and assessed impact reports.

    SEBI notified the framework in September 2022 and issued a master circular in January 2026. Non-profits raise donations mainly through ZCZP instruments and must file an assessed Annual Impact Report by 31 October each year. As of 30 June 2026, NSE's SSE had 195 registered non-profits, 14 listed entities and about ₹44.6 crore raised since launch.

    Related terms

    Zero coupon zero principal (ZCZP) instrumentSocial impact assessorTheory of change

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    From the research

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