The Securities and Exchange Board of India (SEBI) on May 27, 2024, issued a circular regarding the timelines for disclosures by Social Enterprises on Social Stock Exchange for FY 2023-24.
The following has been stated: -
•In terms of Regulation 91C (1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Not for Profit Organizations registered on SSE including NPOs whose designated securities are listed on SSE, shall be required to make annual disclosures to the SSE on matters specified under the SEBI Circular dated September 19, 2022 by October 31, 2024 for the Financial Year 2023-24.
•In terms of Regulation 91E (1) of SEBI LODR Regulations, 2015, Social Enterprises which has registered or raised funds through SSE shall be required to submit an Annual Impact Report to SSE by October 31, 2024 for the Financial Year 2023-24.
[Circular No. SEBI/HO/CFD/PoD-1/P/CIR/2024/0059]
