Sebi Proposes New Platform for NPO Fundraising

Sebi Proposes New Platform for NPO Fundraising

Sebi proposes an electronic book provider platform for not-for-profit organizations to fundraise through the Social Stock Exchange. The platform aims to streamline the process by introducing a common bidding and settlement system. The framework excludes foreign investors and includes strict guidelines for transparency and accountability.

SEBI Proposes E-book Platform for NPO Fund Raising on Social Stock Exchange

Get latest articles and stories on Latest News at LatestLY. Capital markets regulator Sebi on Wednesday proposed a dedicated electronic book provider platform for fundraising by not-for-profit organisations (NPOs) through the Social Stock Exchange. Latest News | SEBI Proposes E-book Platform for NPO Fund Raising on Social Stock Exchange.

SEBI proposes e-book platform for NPO fund raising on Social Stock Exchange

New Delhi, Jul 3 (PTI) Capital markets regulator Sebi on Wednesday proposed a dedicated electronic book provider platform for fundraising by not-for-profit organisations (NPOs) through the Social Stock Exchange. The proposed framework aims to streamline the process for NPOs to issue Zero Coupon Zero Principal instruments and other permitted securities on the SSE by introducing a common bidding and settlement platform called the SSE Electronic Bo…