Question
SEBI relaxed key norms for the Social Stock Exchange.
What is the extended registration validity period for Not-for-profit Organisations on SSE without raising funds?Solution
SEBI extended the registration period for NPOs to 3 years from 2 years, during which NPOs can remain registered on the SSE without raising funds. SEBI also lowered the minimum subscription requirement for Zero Coupon Zero Principal instruments to 50% from 75%.
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