{"id":219980,"date":"2019-09-25T17:30:08","date_gmt":"2019-09-25T12:00:08","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=219980"},"modified":"2019-09-25T16:19:40","modified_gmt":"2019-09-25T10:49:40","slug":"sebi-constitutes-working-group-on-social-stock-exchanges-sse","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/09\/25\/sebi-constitutes-working-group-on-social-stock-exchanges-sse\/","title":{"rendered":"SEBI constitutes working group on \u2018Social Stock Exchanges\u2019 (SSE)"},"content":{"rendered":"<p style=\"text-align: justify;\">The Hon\u2019ble Finance Minister as part of the Budget Speech for FY 2019-20 had proposed to initiate steps towards creating a social stock exchange, under the regulatory ambit of Securities and Exchange Board of India, for listing social enterprise and voluntary organizations.<\/p>\n<p style=\"text-align: justify;\">Pursuant to initial discussions with various stakeholders, SEBI has decided to constitute a working group under the Chairmanship of Shri Ishaat Hussain (Director, SBI Foundation; Ex-Director (Finance) Tata Sons Limited). The other members of the working group shall be:<\/p>\n<p style=\"text-align: justify;\"><strong>i.<\/strong> Shri TV Mohandas Pai, Chairman of Manipal Global Education; Ex-Director (Infosys)<br \/>\n<strong>ii.<\/strong> Ms. Roopa Kudva, MD, Omidyar Network India<br \/>\n<strong>iii.<\/strong> Shri Amit Chandra, Chairman, Bain Capital (Private Equity firm); noted philanthropist<br \/>\n<strong>iv.<\/strong> Dr. Saurabh Garg, Principal Secretary to Government of Odisha<br \/>\n<strong>v.<\/strong> Dr. Shamika Ravi, Director of Research, Brookings India; Member, PM\u2019s Economic Advisory Council<br \/>\n<strong>vi.<\/strong> Shri Vineet Rai, &#8211; Founder and MD, Aavishkaar Venture Management Services Private Limited<br \/>\n<strong>vii<\/strong>. Representative from Ministry of Corporate Affairs<br \/>\n<strong>viii<\/strong>. Representative from Department of Economic Affairs<br \/>\n<strong>ix.<\/strong> Shri Hemant Gupta, MD &amp;CEO, BSE Samman<br \/>\n<strong>x.<\/strong> Representative from NSE<br \/>\n<strong>xi.<\/strong> Shri Girish G. Sohani, President, BAIF Development Research Foundation<br \/>\n<strong>xii.<\/strong> Shri Amarjeet Singh, Executive Director (SEBI)<br \/>\n<strong>xiii.<\/strong> Ms. Ruchi Chojer, CGM (SEBI)<br \/>\n<strong>xiv.<\/strong> Shri Jeevan Sonparote, CGM (SEBI) &#8211; Convener<\/p>\n<p style=\"text-align: justify;\">The working group shall examine and make recommendations with respect to possible structures and mechanisms, within the securities market domain, to facilitate the raising of funds by social enterprises and voluntary organizations.<\/p>\n<hr \/>\n<p><strong>Securities Exchange Board of India<\/strong><\/p>\n<p style=\"text-align: right;\"><strong>[Press Release dt. 19-09-2019]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hon\u2019ble Finance Minister as part of the Budget Speech for FY 2019-20 had proposed to initiate steps towards creating a social <\/p>\n","protected":false},"author":8808,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8051,2],"tags":[2563,37728],"class_list":["post-219980","post","type-post","status-publish","format-standard","hentry","category-business_news","category-news","tag-SEBI","tag-social-stock-exchanges"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SEBI constitutes working group on \u2018Social Stock Exchanges\u2019 (SSE) | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2019\/09\/25\/sebi-constitutes-working-group-on-social-stock-exchanges-sse\/\" \/>\n<meta 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Shri Sundaresan has more than 30 years of experience\u00a0in the development, regulation\u2026","rel":"","context":"In &quot;Appointments &amp; Transfers&quot;","block_context":{"text":"Appointments &amp; Transfers","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/appointments\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135291,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/06\/05\/sebi-forms-committee-on-corporate-governance\/","url_meta":{"origin":219980,"position":1},"title":"SEBI forms Committee on Corporate Governance","author":"Saba","date":"June 5, 2017","format":false,"excerpt":"Formation of Committee on Corporate Governance SEBI has set up a committee under the Chairmanship of Shri Uday Kotak, Executive Vice Chairman and Managing Director of Kotak Mahindra Bank to advise on issues relating to corporate governance. The other members of the committee are the representatives of Corporate India, stock\u2026","rel":"","context":"In &quot;Business News&quot;","block_context":{"text":"Business News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/business_news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":373478,"url":"https:\/\/www.scconline.com\/blog\/post\/2026\/01\/22\/sebi-issued-master-circular-social-stock-exchange\/","url_meta":{"origin":219980,"position":2},"title":"SEBI issued Master Circular on Social Stock Exchange","author":"Shubhi","date":"January 22, 2026","format":false,"excerpt":"SEBI has issued a Master Circular to consolidate and streamline the entire regulatory framework for the Social Stock Exchange.","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"Social Stock Exchange","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/Social-Stock-Exchange.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/Social-Stock-Exchange.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/Social-Stock-Exchange.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/Social-Stock-Exchange.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":350551,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/06\/13\/sebi-master-circular-commodity-derivatives-pac-meeting-frequency-revision\/","url_meta":{"origin":219980,"position":3},"title":"SEBI\u2019s new Guidelines for PAC meetings under Master Circular","author":"Shubhi","date":"June 13, 2025","format":false,"excerpt":"SEBI Modifies PAC meeting frequency for Commodity Markets.","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"Securities and Exchange Board of India","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":92881,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/12\/16\/shri-g-mahalingam-takes-charge-as-whole-time-member-sebi\/","url_meta":{"origin":219980,"position":4},"title":"Shri G Mahalingam takes charge as Whole Time Member, SEBI","author":"Saba","date":"December 16, 2016","format":false,"excerpt":"Shri Gurumoorthy Mahalingam took charge as Whole Time Member, Securities and Exchange Board of India in Mumbai today for a tenure of five years or till attainment of 65 years of age whichever is earlier.\u00a0Shri Mahalingam will handle the Integrated Surveillance Department, Investment Management Department, Enforcement Department, Foreign Portfolio Investors\u2026","rel":"","context":"In &quot;Appointments &amp; 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