The National Stock Exchange (NSE) has achieved a groundbreaking milestone with the listing of the first five Non-Profit Organizations (NPOs) on its Social Stock Exchange (SSE) platform. Swami Vivekananda Youth Movement (SVYM), Transform Rural India, Mukti, Ekalavya Foundation, and SGBS Unnati Foundation have made history by ringing the bell at the NSE headquarters in Mumbai, marking a significant stride in corporate social responsibility.
The SSE platform, aimed at driving impact-driven finance, saw these inaugural listings mobilize a staggering INR 8 Crore, demonstrating the potential for corporates to contribute meaningfully to social causes.Esteemed guests, including SEBI Chairperson Smt. Madhabi Puri Buch and industry leaders, hailed the listings as a testament to the SSE’s commitment to transparency and accountability in the social sector.
Shri Ashishkumar Chauhan, MD & CEO of NSE, emphasized the SSE’s role in facilitating corporate engagement in social welfare initiatives while ensuring efficiency and impact measurement.Notable among the attendees was the presence of Smt. Nirmala Sitharaman, Hon’ble Minister of Finance and Corporate Affairs, Government of India, who commended the NSE’s initiative in fostering impactful finance mechanisms for social welfare.
