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of <h1>Zero Coupon Zero Principal Instruments Recognized as Securities Under Securities Contracts Act 1956 for Nonprofits.</h1> The Central Government has declared 'zero coupon zero principal instruments' as securities under the Securities Contracts (Regulation) Act, 1956. This declaration was made through a notification dated July 15, 2022. These instruments are issued by Not for Profit Organizations and must be registered with the Social Stock Exchange segment of a recognized Stock Exchange, following regulations set by the Securities and Exchange Board of India (SEBI).
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