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.
