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          <h1>Regulation 292D requires Social Stock Exchanges to form a Governing Council, with SEBI setting its guidelines.</h1> Regulation 292D mandates that every Social Stock Exchange must establish a Governing Council to oversee its operations. The Securities and Exchange Board of India (SEBI) will determine the composition and terms of reference for this Governing Council, and these details will be specified periodically by the Board. This regulation was introduced through an amendment dated July 25, 2022, to the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

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