Post-Listing Compliance for NPOs
Here are the post issue compliance requirements for NPO which has listed its securities on SSE.
| Particulars | For NPOs Registered on SSE | For NPOs with Listed Securities on SSE | Nature of Compliance |
|---|---|---|---|
Annual Disclosures | Within 60 days from end of financial year (Format to be specified by SEBI) | Within 60 days from end of financial year (Format to be specified by SEBI) | Annual disclosures covering General, Governance and Financial aspects. |
Quarterly Disclosures | Not Applicable | Within 45 days from end of each quarter (Format to be specified by SEBI) | Statement showing: Utilization of funds raised, Category-wise usage, Amount of unutilized funds remaining |
Event-Based Disclosures | Not Applicable | Within 7 days of the event’s occurrence | Disclosure of any material event impacting planned outcomes or outputs, including steps taken by the Social Enterprise to address such events. |
Policy for Determination of Materiality | Not Applicable | NPO must frame a policy for determining materiality and share it with the Social Stock Exchange | Ensures timely disclosure of significant developments. |
Annual Impact Report | Submit an audited report by a Social Audit Firm (registered with SSE) within 90 days. | Same as for registered NPOs | The report must be audited by a social auditor and submitted in a SEBI-specified format and timeline. |
Driving Social Impact
If you are a registered NGO, Society, or Trust working in the fields of health and education, you can raise funds up to ₹10–20 crore through the Social Stock Exchange. For more details, contact IndiaIPO.