SEBI Proposes Measures To Boost Social Stock Exchange Platform

The Securities and Exchange Board of India (SEBI) has proposed reducing the minimum investment in Zero Coupon Zero Principal (ZCZP) bonds on the social stock exchange (SSE) from Rs 10,000 to Rs 5,000 or Rs 1,000 to increase retail participation.

SEBI aims to make it easier for investors to contribute to non-profit organisations (NPOs) listed on the SSE through ZCZP bonds. The regulator’s consultation paper highlights plans to introduce a Unified Payment Interface (UPI) mechanism for applications, which is expected to expand the platform’s reach. SEBI also announced a line-up of ZCZP issuances worth over Rs 5 crore. This move is part of efforts to encourage more retail investors in the social sector through the SSE.

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