CSR meets capital markets: A new era for social impact funding
India's corporate social responsibility (CSR) landscape has taken a decisive step forward. The Ministry of Corporate Affairs' recent amendment to Schedule VII of the Companies Act, 2013, allowing companies to subscribe to Zero Coupon Zero Principal (ZCZP) instruments listed on the Social Stock Exchange (SSE), may appear technical at first glance. In reality, it represents a transformative shift in the…
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