Sebi extends registration validity period for not-for-profit entities on Social Stock Exchange

Markets regulator Sebi has extended the registration validity for not-for-profit organisations on the Social Stock Exchange, allowing their enrolment as NPOs for three years without raising funds, and lowered the minimum subscription requirement for issuing Zero Coupon Zero Principal Instruments (ZCZP).

The moves are aimed at promoting the SSE (Social Stock Exchange) and facilitating ease of fundraising and encouraging greater participation by NPOs, Sebi said in its circular on Wednesday (April 15, 2026).