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of <h1>Nonprofits on Social Stock Exchange Can Issue Zero Coupon Zero Principal Instruments for Eligible Projects Under Regulation 292E.</h1> A Not for Profit Organization registered with a Social Stock Exchange can issue Zero Coupon Zero Principal Instruments under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. These instruments can be issued for a specific project or activity, which must be completed within the timeframe specified in the fundraising document. The project or activity must also align with the eligible activities outlined in regulation 292E. This provision was inserted as per the notification dated July 25, 2022.
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