July 9, 2024

The Social Stock Exchange (SSE) of the National Stock Exchange (NSE) achieves yet another milestone of celebrating its first five listings on the NSE-Social Stock Exchange (SSE) Platform – by Swami Vivekananda Youth Movement (SVYM), Transform Rural India, Mukti, Ekalavya Foundation; and SGBS Unnati Foundation. This remarkable event took place at the National Stock Exchange’s (NSE) Headquarters in Bandra Kurla Complex (BKC), Mumbai, commemorating a significant step forward in impact-driven finance.

The listings have led to a fund mobilization of INR 8 Crore for various developmental projects including education, skill development, agriculture, livelihoods, women’s empowerment, etc. The event, attended by prominent figures like Smt. Madhabi Puri Buch, Chairperson of SEBI, Dr. R. Balasubramaniam, Chairman of SEBI’s Social Stock Exchange Advisory Committee, Shri Ashwani Bhatia, Whole Time Member (WTM), SEBI; and Shri A Balasubramanian, MD & CEO of Aditya Birla Sunlife AMC, brought together dignitaries, officials, and representatives from NPOs and other stakeholders.

On this achievement, Hon’ble Minister of Finance and Corporate Affairs, Government of India Smt. Nirmala Sitharaman, asserted, “Congratulations to the five Non-Profit Organisations – Swami Vivekananda Youth Movement, Transform Rural India, Mukti, Ekalavya Foundation, and SGBS Unnati Foundation who are being listed on the Social Stock Exchange (SSE) Platform of NSE. The contributions from donors towards this structured and performance-oriented mechanism of fundraising through the SSE are also highly commendable.”

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