National Stock Exchange of India’s Social Stock Exchange (NSE SSE) segment scripted a historic moment on 13th December 2023 with the celebration of Country’s First Ever Listing by SGBS Unnati Foundation. The event, held at NSE’s Headquarter located at Bandra Kurla Complex (BKC), Mumbai, was attended by an esteemed gathering of dignitaries, NPOs, Regulators and media houses.
The First Listing saw a fund mobilization of INR 1.8 Cr, enabling SGBS Unnati Foundation to train around 10,000 final-year graduating youths from government colleges across various states, including Uttar Pradesh, Madhya Pradesh, Karnataka, Andhra Pradesh, and Tamil Nadu.39 registered NPOs on NSE SSE Platform are raising funds in education, skilling, agriculture, and poverty alleviation for tribal farmers, with many more planning to do so.
NSE’s MD & CEO, Shri Ashishkumar Chauhan, highlighted the social impact of NSE listed companies, including wealth creation, job creation, and economic growth. He gave a special mention to SEBI that played a pivotal role in launching the Social Stock Exchange framework in India. He stated, “By aligning the dual goals of corporate success and societal impact, SSE creates a space where philanthropists, impact investors, donors, and NPOs converge – each contributing to a shared vision of a more equitable and sustainable future.”
