Securities and Exchange Board of India (SEBI) has come out with a circular on the 19th of September 2022 allowing eligible Not for Profit Organizations (NPOs) to raise funds via the newly created Social Stock Exchange for the achievement of their objectives. This Social Stock Exchange will be a part of the existing stock exchange.
source https://www.caclubindia.com/articles/zero-coupon-zero-principal-instrument-vis-a-vis-npos-47771.asp
source https://www.caclubindia.com/articles/zero-coupon-zero-principal-instrument-vis-a-vis-npos-47771.asp
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