BSE Limited Acquires Stake in Social Stock Exchange Capacity Building Foundation
BSE Limited confirmed its acquisition of equity shares in the newly formed 'Social Stock Exchange Capacity Building Foundation' (SSE CBF), a Section 8 Company. This development follows earlier board approval for acquiring 16,000 Equity Shares of ₹ 10 each, totaling ₹ 1,60,000/-, out of the proposed total paid-up capital of ₹ 4,00,000. The foundation is jointly promoted by National Bank for Agriculture and Rural Development (NABARD), Small Industries Development Bank of India (SIDBI), National Stock Exchange of India Limited (NSE), and BSE Limited (BSE).NSE and BSE have received SEBI approval for the incorporation and equity stake acquisition in the Section 8 Company. Consequently, the SSE CBF was officially incorporated on April 7, 2026.
Foundation Details and Transaction Structure
The SSE CBF is registered as a Section 8 Company, operating under the Companies Act, 2013, and is designed to focus on capacity building, training, and awareness activities for Stakeholders in the Social Stock Exchange (SSE) ecosystem. The objective of this participation is stated as strengthening the ecosystem of social finance, impact investing, and SSEs in India, including engagement with Non-Profit Organizations (NPOs) and For-Profit Organizations (FPOs) whose activities align with the charitable aims of SSE CBF.The initial capital infusion is structured around a total paid-up capital of ₹ 4,00,000.
| Promoter | Consideration Details | Shareholding Acquired |
|---|---|---|
| BSE Limited | ₹ 1,60,000/- (Cash contribution) | 16,000 shares (40% of paid-up capital) |
| NSE Limited | ₹ 1,60,000/- (Cash contribution) | 16,000 shares (40% of paid-up capital) |
| NABARD | ₹ 80,000/- (Cash contribution) | 8,000 shares (20% of paid-up capital) |
| SIDBI | ₹ 80,000/- (Cash contribution) | 8,000 shares (20% of paid-up capital) |
Note: The initial data indicates BSE Limited acquiring 16,000 shares, and upon receipt of RBI approval, the structure will dilute to transfer 15% each from BSE and NSE to NABARD and SIDBI, leading to the structure detailed below.
The shareholding pattern after receiving RBI approval is projected as follows:
| Member | Subscription Value | Shares | Shareholding % |
|---|---|---|---|
| NSE | ₹ 1,00,000 | 10,000 shares | 25% |
| BSE | ₹ 1,00,000 | 10,000 shares | 25% |
| NABARD | ₹ 1,00,000 | 10,000 shares | 25% |
| SIDBI | ₹ 1,00,000 | 10,000 shares | 25% |
The cash contribution details confirm that the consideration involves a cash contribution of ₹ 1,60,000/- from BSE Limited, representing a subscription of 40% of the paid-up capital.
Industry Focus and Approvals
The entity belongs to the Developmental / Social Impact Sector, specifically focusing on Capacity Building and Training related to Social Stock Exchange (SSE) activities. The required approval for the acquisition was the registration of the Section 8 Company with the Ministry of Corporate Affairs (MCA).The objective of the participation stems from directions received from the Ministry of Finance (Department of Economic Affairs) and SEBI.
BSE Stock Price Movement
Today, BSE Limited shares surged by 7.36% to close at ₹3163.6. The sizable day's activity, totaling 10.42 million shares traded, helped push the equity toward making an impressive climb near its 52-week peak.Source:
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