Review of NPO Registration and ZCZP Minimum Subscription Requirements

SEBI has amended the regulatory requirements governing Not for Profit Organization registration on the Social Stock Exchange and modified the minimum subscription thresholds for Zero Coupon Zero Principal Instruments. These changes update the existing compliance framework established under prior SEBI circulars.

Affected parties, including NPOs seeking to list on the Social Stock Exchange and issuers of ZCZP instruments, should review their registration applications and subscription documentation to ensure alignment with the revised requirements. Market participants and intermediaries facilitating Social Stock Exchange transactions should update compliance procedures accordingly.