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<h1>SEBI Amends 2018 Regulations: Launches Social Stock Exchange for NPOs and FPSEs to Facilitate Fundraising.</h1> The Securities and Exchange Board of India (SEBI) has introduced amendments to the Issue of Capital and Disclosure Requirements Regulations, 2018, effective from July 25, 2022. The amendments include the creation of a Social Stock Exchange (SSE) for Not for Profit Organizations (NPOs) and For Profit Social Enterprises (FPSEs) to raise funds. The SSE will allow NPOs to issue Zero Coupon Zero Principal Instruments and FPSEs to issue equity and debt securities. The regulations outline eligibility criteria, registration requirements, and procedures for fund-raising, while excluding certain entities like corporate foundations and political organizations from being classified as Social Enterprises.