Securities and Exchange Board of India (SEBI) issued a circular on October 7, 2024, regarding the timeline for disclosures by Social Enterprises listed on the Social Stock Exchange (SSE) for the financial year 2023-24. Previously, SEBI had set deadlines for annual disclosures under Regulation 91C(1) and annual impact reports under Regulation 91E(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, through a circular dated May 27, 2024. In this new circular, SEBI has extended the outer deadline for both annual disclosures and impact reports until January 31, 2025. Social Enterprises, stock exchanges, depositories, and other stakeholders are advised to comply with this extended timeline. The circular is available on SEBI’s website for further reference.
Securities and Exchange Board of India
Circular No. SEBI/HO/CFD/PoD-1/P/CIR/2024/134 Dated: October 07, 2024
To,
All Social Enterprises
All Recognized Stock Exchanges
All Recognized Depositories
All Merchant Bankers and Brokers registered with SEBI
All Social Impact Fund registered with SEBI
All Self-Regulatory Organizations for Social Impact Assessor
Sir / Madam,
Sub: Timelines for disclosures by Social Enterprises on Social Stock Exchange (“SSE”) for FY 2023-24.
1. SEBI vide Circular SEBI/HO/CFD/PoD-1/P/CIR/2024/0059 dated May 27, 2024 had prescribed outer timelines for annual disclosures and annual impact report under Regulation 91C(1) and Regulation 91E(1) respectively of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”) by Social Enterprises on Social Stock Exchange for FY 2023-24.
2. In partial modification to the said Circular, the outer timeline for annual disclosures under Regulation 91C(1) and annual impact report under Regulation 91E(1) of LODR Regulations by Social Enterprises on Social Stock Exchange, for FY 202324 has been extended upto January 31, 2025.
3. A copy of this circular is available on SEBI website at sebi.gov.in under the categories “Legal Framework → Circulars”.
Yours faithfully,
Yogita Jadhav
General Manager
Corporation Finance Department
Division of Policy and Development
+91 22 2644 9583
Email – [email protected]
