91E. (1) A Social Enterprise, which is either registered with or has raised funds through a Social Stock Exchange or a Stock Exchange, as the case may be, shall be required to submit an to the Social Stock Exchange or the Stock Exchange in the format from time to time.
(2) The annual impact report shall be audited by a Social Audit Firm employing Social Auditor.
A Social Enterprise which is only registered on a Social Stock Exchange without raising funds shall submit a self-certified annual impact report:
Provided that a Not for Profit Organization that is registered on a Social Stock Exchange shall be permitted not to raise funds through it for a maximum period of two years from the date of registration or such duration as may be specified by the Board:
Provided further that upon expiry of the period of two years from the date of registration, the Not for Profit Organization shall have at least one listed project failing which it shall cease to be registered.
(3) The Social Stock Exchange(s) may specify parameters, in addition to those specified by the Board, which shall be required to be disclosed by a Social Enterprise on an annual basis.
2. Refer SEBI Circular dated 19.09.2022 regarding framework on Social Stock Exchange. To view the Circular, Click here.
2.As per the SEBI Circular, Social Enterprises are required to submit Annual Impact Report to the SSE by 31st October, 2024 for the Financial Year 2023-24. Refer SEBI Circular dated 27.05.2024. To view the Circular, Click here.
- Refer BSE Circular dated 16.01.2024 regarding SEBI (LODR) (Seventh Amendment) Regulations, 2023. To view the notification, Click here.
- Substituted by SEBI Notification dated 21.12.2023 regarding SEBI (LODR) (Seventh Amendment) Regulations, 2023. To view the notification, Click here.