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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

CDSL- Reiteration of SEBI circular Review of requirements relating to registration of a not-for-profit organisation on the Social Stock Exchange (SSE) and the minimum subscription requirement for the issuance of Zero Coupon Zero Principal Instruments

16-Apr-2026 | CDSL/OPS/DP/POLCY/2026/265

CDSL has reiterated the SEBI circular on the Review of requirements relating to registration of a not-for-profit organisation on the Social Stock Exchange (SSE) and the minimum subscription requirement for the issuance of Zero Coupon Zero Principal Instruments, which was issued by SEBI on 15th April, 2026.

Through this circular, the master circular on SSE has been amended as follows:
1. A new para 1.1.2 has been inserted, which states that it is being specified that a Not for Profit Organisation may register on a Social Stock Exchange and not raise funds through it for a period of two years from the date of registration. Such a period of two years may be further extended by one additional year, subject to approval by the Social Stock Exchange.
2. Para 1.4.5 has been modified, which states that the minimum subscription required to be achieved shall be 75% of the funds proposed to be raised through the issuance of ZCZP.
3. Para 1.4.6 has been modified, which states that in case of any under subscription, the NPO in the fundraising document shall provide details on the following:
a) manner of raising balance capital in case of minimum subscription achieved is 75% or 50%, as the case may be;
b) possible impact on achieving the social objective(s) in case such an arrangement is not made.

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Recent Posts in Corporate Laws

Corporate Laws

SEBI issues SEBI (Intermediaries) Amendment Regulations, 2026

15-Apr-2026 | F. No. SEBI/LAD-NRO/GN/2026/300

SEBI has issued the SEBI (Intermediaries) Amendment Regulations, 2026. Key Highlights: 1. Clause 3(b) of Schedule II has been modified,

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Corporate Laws

NSDL- Reiteration of SEBI circular on Guidelines for Custodians

15-Apr-2026 | NSDL/POLICY/DDP/2026/0005

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NSDL- Updates for Implementation of Section 51A of UAPA, 1967: Updates to UNSC?s 1267/ 1999 ISIL (Da'esh) & Al-Qaida Sanctions List

15-Apr-2026 | NSDL/POLICY/2026/0055

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CDSL- Security Council Isil (Da'esh) and Al-Qaida Sanctions Committee amends four entries in its Sanctions List

16-Apr-2026 | CDSL/PMLA/DP/POLCY/2026/263

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Environment, Health and Safety

Restriction for production of Hydrofluorocarbons (HFCs) while granting environmental clearance

01-Apr-2026 | IA-Z-11013/66/2026-IA-II (295554)

The Government has issued directions regarding regulation of Hydrofluorocarbon (HFC) production in line with India?s obligations under the K

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SEBI issues SEBI (Intermediaries) Amendment Regulations, 2026

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CDSL- Reiteration of SEBI circular Review of requirements relating to registration of a not-for-profit organisation on the Social Stock Exchange (SSE) and the minimum subscription requirement for the issuance of Zero Coupon Zero Principal Instruments

16-Apr-2026 | CDSL/OPS/DP/POLCY/2026/265

CDSL has reiterated the SEBI circular on the Review of requirements relating to registration of a not-for-profit organisation on the Social

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