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SEBI proposes lower issue, application...

A SEBI committee has proposed reducing...

SEBI proposes lower issue, application size for social stock exchanges

A SEBI committee has proposed reducing the threshold of the minimum issue size for not-for-profit organisations (NPOs) issuing Zero Coupon Zero Principle Instrument (ZCZP) on social stock exchanges to ₹50 lakh from ₹1 crore. It has proposed that the minimum application size may be reduced to ₹10,000 from ₹2 lakh currently.“SSE is at an initial stage and NPOs may find it difficult to raise ₹1 crore from a limited set of investors. Lowering the minimum application size threshold will help large number of investors who may like to...

Karl Jörg - August 29, 2023

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SEBI proposes lower...

A SEBI committee has proposed reducing the threshold of the minimum issue size for not-for-profit organisations (NPOs) issuing Zero Coupon Zero Principle Instrument...

Karl Jörg - August 29, 2023

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