SEBI Amends Norms Relating to Social Audit in ICDR & LODR Regulations

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  • Last Updated on 23 December, 2023

SEBI LODR and ICDR Regulations

Notification No. SEBI/LAD-NRO/GN/2023/161 & 162, Dated 21.12.2023

The SEBI has notified amendment in LODR & ICDR Regulations. Amendment has been notified in Regulation 91E i.e., Disclosures by a Social Enterprise in respect of social impact. Now, the annual impact report shall be assessed by a Social Impact Assessment Firm employing Social Impact Assessor. Further, in Regulation 292G of ICDR Regulations, a Not for Profit Organization may raise funds on a SSEs through issuance of ZCP Instruments to Eligible Investors instead of Institutional Investors.

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