NPOs on SSE Must File Annual Reports by Oct 31

Current Context: 8 September 2025, Mumbai – The Securities and Exchange Board of India (SEBI), through its (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2025, has set new compliance timelines.

• These apply to Not‑for‑Profit Organisations (NPOs) listed or registered on Social Stock Exchanges (SSEs).
• NPOs must submit annual financial disclosures by 31 October each year or before the due date for Income Tax Return (ITR) filing, whichever is later.
• Annual non‑financial disclosures must be filed within 60 days from the end of the financial year.
• An NPO can remain listed without raising funds for up to two years after registration.
• After this period, it must have at least one listed project.
• SEBI has introduced standardised disclosure formats to ensure uniformity and comparability.
• The move aims to boost transparency, accountability, and investor confidence in the SSE ecosystem.

Question:

Q.1 As per the new SEBI regulations, by what date must NPOs submit annual financial disclosures?
a) 31 March every year
b) 30 June every year
c) 31 October every year or before ITR due date, whichever is later
d) 31 December every year

Answer: c) NPOs must submit annual financial disclosures by 31 October each year or before the due date for Income Tax Return (ITR) filing, whichever is later.