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of <h1>SEBI Regulation 292K Guides Not-for-Profit Issuance of Zero Coupon Zero Principal Instruments via Social Stock Exchange</h1> Regulation 292K of the Securities and Exchange Board of India (SEBI) outlines the procedure for public issuance of Zero Coupon Zero Principal Instruments by Not for Profit Organizations. These organizations must file a draft fundraising document with the Social Stock Exchange where they are registered, along with the required fees and an application for in-principle approval for listing. The Social Stock Exchange specifies the details required in the document, and SEBI mandates minimum disclosure requirements. The draft must be available for public comment for at least 21 days, and the exchange has 30 days to provide observations, which must be incorporated before final submission.
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