National Stock Exchange of India Allocates CSR to Social Stock Exchange

The National Stock Exchange of India (NSE) has decided to allocate 10% of its annual Corporate Social Responsibility (CSR) corpus to projects listed on the NSE Social Stock Exchange (NSE-SSE). This decision, operationalized after the India — Ministry of Corporate Affairs issued Gazette Notifications on May 27, 2026, permits companies to undertake CSR expenditure through Zero Coupon Zero Principal (ZCZP) Instruments listed on Social Stock Exchanges. The move aims to strengthen India's social impact financing ecosystem by promoting transparent, accountable, and outcome-oriented philanthropy. Srinivas, Chairman of the National Stock Exchange of India, welcomed the regulatory changes and expressed hope that other major corporate CSR contributors would adopt similar approaches, thereby scaling up impact financing in the country. The Social Stock Exchange, launched in February 2023, has already facilitated over Rs 44.5 crore in fundraising for 16 projects across various social sectors.