SOCIAL STOCK EXCHANGE IN INDIA – TIME TO TAKE CAPITAL MARKET TO SOCIAL WELFARE OBJECTIVES

Abstract

With major transformations happening in the National Stock Market it comes up with the new launch idea of Social Stock Exchange after decades in the upcoming months. This paper focuses on the framework and the various regulations fixed for listing in the social stock exchange. The concept was down for discussion from the year 2019 but the final nod for the launch of social stock exchange was announced in the month of February 2023 by SEBI. With its discussion and approval process going on various charitable organizations started their talks on the listing process in the social stock exchange. After decades a great transformation and introduction of new sector into the stock market making the investors meet the growth of the social enterprise. Will this be leverage in building a newer network or an added challenge with more intermediaries involving.