Listing and Bell Ringing Ceremony at NSE- Social Stock Exchange (SSE) in BKC Mumbai

The Social Stock Exchange of the NSE on 14th March 2024, Thursday celebrated the listing of five non-profit organisations, Mukti was one amongst them. These NPOs together raised about ₹8 crore, which will be used for developmental projects in education, skill development, agriculture, livelihoods and women empowerment. Madhabi Puri Buch , Chairperson, SEBI, flanked by Dr. R Balasubramaniam, Chairperson, Advisory Committee, SSE, SEBI and Ashwani Bhatia, Whole Time Member, SEBI, Ashishkumar Chauhan, MD & CEO of NSE, along with other key officials from NPOs.

Mr. Sankar Halder (Founder-President) along with Ms. Ankita Kothiyal (Senior Manager- Partnership Development & Communication) and Mr. Anindya Sen (Extended Board Member) witnessed the occasion at the National Stock Exchange’s Headquarters in Bandra Kurla Complex (BKC), Mumbai, signifying a major stride in impact-driven finance.

Finance Minister Nirmala Sitharaman congratulates five Non-Profit Organizations listed on NSE’s Social Stock Exchange platform. The move fulfils the vision of bringing capital markets closer to the masses for inclusive growth. Funds raised to be directed to education, skill development, and more. Government committed to supporting the platform, enabling democratization of investments. India’s SSE poised to drive outcome-driven philanthropy and serve as a model for other nations.

In a historic feat, Mukti garnered a remarkable 100% subscription on the NSE-SSE platform, amassing a staggering ₹1.7 crores! Eclipsing boundaries, Mukti not only etched its name as the inaugural NGO from the Eastern Region but also proudly secured a position among the first 3 NGOs nationwide. This organization has not only made history as the first listed non-profit organization from our region but has also set a precedent for others to follow.

The significance of Mukti’s listing extends far beyond its own endeavours. By promoting the concept of listing among various NPOs and raising awareness among donors and partners, Mukti is paving the way for broader participation in the SSE ecosystem. With the support of SIDBI, 2000 self-help group women will receive livelihood and market linkage support, empowering them to create a better future for themselves and their communities.

This momentous achievement signifies a new era of inclusivity and empowerment. As more organizations are encouraged to list on this platform, the Social Stock Exchange will continue to grow, creating a ripple effect of positive change throughout our society. It’s a testament to the power of collaboration and collective action in driving meaningful impact.

We take this opportunity to congratulate our fellow NPOs, who have, together with us, endeavoured to bring the capital markets closer to the masses with their various social welfare schemes as envisioned by the Honourable Finance Minister.

We are thankful for Erix Advisor, Bigshare Services Pvt Ltd and Small Industries Development Bank of India (SIDBI) for all their support throughout this journey.