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BSE received approval from the Securities Exchange Board of India (SEBI) to set up a social stock exchange (SSE) as a separate segment of the BSE. In its circular, the regulator had specified minimum requirements to be met by a non-profit organisation (NPO) for registration with SSE, disclosure requirements for NPOs raising funds through the issuance of zero-coupon zero principal instruments and put in place annual disclosure requirements that need to be made by NPOs on such exchanges.The listed NPO will have to submit a statement of the utilisation of funds to SSE, as mandated under SEBI's rules, within 45 days from the end of the quarter and an Annual Impact Report (AIR) within 90 days from the end of financial year. SEBI Headquarters: Mumbai Chairman: Madhabi Puri Buch BSE Headquarters: Mumbai MD & CEO: Ashish Kumar Chauhan Social Stock Exchange -An SSE allows the listing of non-profit or non-government organisations on stock exchanges, providing them with an alternative fund-raising structure. It may be listed on BSE or NSE.
What is the maximum deduction allowed under Section 80U of the Income Tax Act, 1961, for an individual with a normal disability?
ABC Ltd. offers its existing shareholders the right to buy one share for every four held at ₹100 when the current market price is ₹150. What is the ...
A company is offered a trade credit term of "2/10 net 30" by its supplier. If it doesn't take the discount, what is the annualized cost of forgoing the ...
Post-merger, the acquirer reports a goodwill of ₹120 crore, 40% higher than the net assets acquired. Upon impairment testing, only ₹10 crore is reco...
What is the statutory limit u/s 16(ii) for deduction of entertainment allowance in case of government employee?
Which of the following is an example of an adjusting journal entry?
Which of the following taxes will be levied on imports?
If a company operating in a different country works the manner exactly like the parent company, such orientation is called:
Can micro and small enterprises (MSEs) benefit from GeM?
Which among the following does not belong to Liquidity Ratios?