NSE to route 10% of CSR spending through Social Stock Exchange after regulatory green light

Published 9 June 2026 · finance

NSE will earmark 10% of its annual corporate social responsibility (CSR) corpus for projects listed on the NSE Social Stock Exchange (SSE), becoming one of

NSE will earmark 10% of its annual corporate social responsibility (CSR) corpus for projects listed on the NSE Social Stock Exchange (SSE), becoming one of the first major institutions to commit a portion of its CSR spending through the platform.The exchange announced the move on Tuesday following recent regulatory changes that allow companies to undertake CSR expenditure through subscription to Zero Coupon Zero Principal (ZCZP) instruments listed on Social Stock Exchanges.NSE said its CSR Committee had agreed in principle in March 2026 to deploy 10% of the annual CSR corpus through the SSE framework, subject to regulatory approval. The decision has now been operationalised after the Ministry of Corporate Affairs issued notifications on May 27 enabling such investments.The move is aimed at strengthening India's social impact financing ecosystem and encouraging greater use of regulated capital market platforms for funding social sector projects.NSE Chairman Injeti Srinivas welcomed the government's decision to allow CSR funds to be routed through Social Stock Exchanges.He said the framework would improve transparency, visibility and accountability of CSR spending while helping channel funds towards credible social initiatives.The exchange expressed hope that other large corporate CSR contributors would adopt a similar approach, helping scale up impact financing in the country.The Social Stock Exchange framework was introduced by Sebi to create a regulated fundraising platform for non-profit organisations and social enterprises.

The NSE Social Stock Exchange was launched in February 2023.Since inception, NSE-SSE has facilitated all Social Stock Exchange fundraising issuances in India. According to the exchange, 16 projects, including two joint listings, have collectively mobilised more than Rs 44.5 crore across sectors such as healthcare, education, women empowerment, climate action, poverty alleviation, skilling and sustainable livelihoods.The latest announcement

comes shortly after the government expanded the scope of permissible CSR activities through the SSE route, a move seen as a significant step towards deepening social impact investing in India.The regulatory change could unlock a new source of funding for non-profit organisations by connecting them with corporate CSR budgets through a transparent and market-linked mechanism. The decision is

also expected to provide greater visibility to social projects while enabling companies to track the deployment and outcomes of their CSR spending more effectively.With NSE itself committing part of its CSR corpus through the platform, the exchange is positioning itself as an early adopter of the Social Stock Exchange model while seeking to encourage broader participation from corporate India.