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SEBI has revised the minimum application size for Zero Coupon Zero Principal Instruments on the Social Stock Exchange (SSE) from 10,000 to 1,000, effective immediately. This amendment to the SSE framework follows recommendations from the Social Stock Exchange Advisory Committee and public consultation. The modification aims to enhance investor accessibility to social enterprise funding instruments while protecting investor interests. The change was implemented through SEBI's regulatory powers under Sections 11 and 11A of the SEBI Act, 1992, read with Regulation 299 of SEBI ICDR Regulations, as part of SEBI's mandate to regulate securities markets and promote their development.
SEBI has revised the minimum application size for Zero Coupon Zero Principal Instruments on the Social Stock Exchange (SSE) from 10,000 to 1,000, effective immediately. This amendment to the SSE framework follows recommendations from the Social Stock Exchange Advisory Committee and public consultation. The modification aims to enhance investor accessibility to social enterprise funding instruments while protecting investor interests. The change was implemented through SEBI's regulatory powers under Sections 11 and 11A of the SEBI Act, 1992, read with Regulation 299 of SEBI ICDR Regulations, as part of SEBI's mandate to regulate securities markets and promote their development.
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