The Indian School of Development Management (ISDM), Noida , an institute dedicated to developing and strengthening the domain of Development Management on March 28, 2023 rang the bell at the Bombay Stock Exchange (BSE) after formally being listed on the Social Stock Exchange (SSE).
The SSE aims to make innovative finance models accessible and widen the financial landscape for the social impact sector. It will be critical in bringing together diverse networks such as CSR, Impact Investors, Socially Responsible Investing, Philanthropy, and Government Agencies on a unified platform and delivering standardised frameworks for reporting and evaluation.
Speaking after the prestigious bell ring at BSE in Mumbai, Sharad Agarwal, Founder and Director at ISDM said,” Ringing the bell and being listed on SSE has been a moment of pride for all of us at the Indian School of Development Management (ISDM) and marks a positive milestone for us and the social impact sector’s ability to access and optimize innovative finance models and sources. The Social Stock Exchange brings all social purpose organisations untapped opportunities and allows use of this platform to improve transparency and collaborative efforts with Samaaj, Sarkaar and Bazaar.”
ISDM under the aegis of Development Management Foundation has registered itself on SSE and has also been working with BSE to develop the eligibility portal for social purpose organisations for accessing SSE. The latter was launched on the 18th of March by Madhabi Puri Buch of SEBI.