The National Stock Exchange (NSE) achieved a significant milestone as it celebrated 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 rang the bell at the NSE headquarters in Bandra Kurla Complex (BKC), Mumbai, marking a momentous step forward in impact-driven finance.
The event, attended by esteemed dignitaries including Smt. Madhabi Puri Buch, Chairperson of SEBI, and representatives from various sectors, highlighted the SSE’s role in fostering transparency and trust in the social sector.Approximately INR 8 Crore was mobilized through these listings, earmarked for diverse developmental projects ranging from education and skill development to agriculture and women empowerment.
Shri Ashishkumar Chauhan, MD & CEO of NSE, praised the SSE framework for offering advantages such as transparency, efficiency, and impact measurement. He credited SEBI for its pivotal role in launching the SSE in India.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.