The National Stock Exchange’s Social Stock Exchange (SSE) has celebrated its first five listings on the NSE-Social Stock Exchange Platform, achieved 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 event was attended with enthusiasm by Smt. Madhabi Puri Buch, Chairperson of SEBI, and Dr. R. Balasubramaniam, Chairman of the Social Stock Exchange Advisory Committee, Shri Ashwani Bhatia, Whole Time Member (WTM), SEBI; and Shri A Balasubramanian, MD & CEO of Aditya Birla Sunlife AMC; and brought together several distinguished dignitaries, officials, and representatives from Non-Profit Organizations (NPOs) and other stakeholders.
These listings have resulted in the fund mobilization of approximately INR 8 Crore which will be utilised for several developmental projects across the areas such as education, skill development, agriculture, livelihoods women empowerment etc. The Hon’ble Minister of Finance and Corporate Affairs, Government of India Smt. Nirmala Sitharaman, has acknowledged the achievement, she 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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