Governing Council for Social Stock Exchange (“SSE”)

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ts) Regulations, 2018 ("ICDR Regulations"), Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations") and Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 ("AIF Regulations") were amended vide Gazette notification dated July 25, 2022, to provide a framework for Social Stock Exchange. 2. As....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... for social auditors, vi. Capacity Building Fund vii. Stock Exchange. b) SGC will have a minimum of 7 members having representation from each of the said categories (i to vii above) c) SGC shall be supported by administrative staff from the SSE. d) The Board of the Stock Exchange shall prescribe the procedure, frequency, quorum etc for the meetings of SGC as well as guidelines for handli....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....closures made by Social Enterprises and guide development of necessary systems and processes towards the same. d) Review the functioning of the SSE, including feedback received from stakeholders. e) Any other matter related to governance and development of SSE. 3. The Stock Exchange shall constitute a Governing Council for the Social Stock Exchange prior to seeking final approval from SEBI fo....