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ARTICLE · 15 APRIL 2026

SEBI’s Social Stock Exchange Reforms: Expanding Access For "Not For Profit” Organizations

The Securities and Exchange Board of India has issued Circular Reference No. HO/49/14/(10)2026-CFD-POD1/I/9380/2026 dated April 15, 2026...

IndiaFinance and Banking

The Securities and Exchange Board of India has issued Circular Reference No. HO/49/14/(10)2026-CFD-POD1/I/9380/2026 dated April 15, 2026, introducing consequential amendments to the regulatory architecture governing the Social Stock Exchange framework. This circular emerges from SEBI’s sustained commitment to deepening social capital markets while preserving robust investor protection standards.

The circular is addressed to:

  • All recognized stock exchanges
  • Recognized depositories
  • SEBI-registered merchant bankers and brokers
  • Social enterprises
  • Registered social impact funds
  • Social impact assessment firms
  • The three premier professional institutes of India

Regulatory Background and Consultation Process

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