{"id":11458,"date":"2026-11-01T20:30:33","date_gmt":"2026-11-01T20:30:33","guid":{"rendered":"https:\/\/www.caindelhiindia.com\/blog\/?p=11458"},"modified":"2026-11-01T20:33:09","modified_gmt":"2026-11-01T20:33:09","slug":"annual-disclosure-by-npos-annual-impact-report-under-sse","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/","title":{"rendered":"Annual Disclosure by NPOs &#038; Annual Impact Report under SSE"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-11450\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-7-1.png\" alt=\"SSE Registration\" width=\"1024\" height=\"1536\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-7-1.png 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-7-1-200x300.png 200w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-7-1-683x1024.png 683w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-7-1-768x1152.png 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-7-1-800x1200.png 800w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/h2>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6ae7bdd7dc741\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6ae7bdd7dc741\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Annual_Disclosure_by_NPOs_Annual_Impact_Report_under_Social_Stock_Exchange\" title=\"Annual Disclosure by NPOs &amp; Annual Impact Report under Social Stock Exchange \">Annual Disclosure by NPOs &amp; Annual Impact Report under Social Stock Exchange <\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Annual_Disclosure_by_NPOs_%E2%80%93_Regulation_91C\" title=\" Annual Disclosure by NPOs \u2013 Regulation 91C : \"> Annual Disclosure by NPOs \u2013 Regulation 91C : <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Non-Financial_Annual_Disclosure\" title=\" Non-Financial Annual Disclosure\"> Non-Financial Annual Disclosure<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Outreach_and_Beneficiaries\" title=\"Outreach and Beneficiaries: \">Outreach and Beneficiaries: <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Governance_Aspects\" title=\" Governance Aspects\"> Governance Aspects<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Risk_Management_The_NPO_must_disclose\" title=\"Risk Management : The NPO must disclose\">Risk Management : The NPO must disclose<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Financial_Annual_Disclosure\" title=\" Financial Annual Disclosure\"> Financial Annual Disclosure<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Financial_Disclosures\" title=\" Financial Disclosures\"> Financial Disclosures<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#General_Information\" title=\"General Information\">General Information<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Governance_Disclosures\" title=\"Governance Disclosures\">Governance Disclosures<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Financial_Statements\" title=\"Financial Statements :\">Financial Statements :<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Auditors_Report\" title=\"Auditor&#8217;s Report :\">Auditor&#8217;s Report :<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Annual_Impact_Report_AIR_%E2%80%93_Regulation_91E\" title=\" Annual Impact Report (AIR) \u2013 Regulation 91E\"> Annual Impact Report (AIR) \u2013 Regulation 91E<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Who_Must_Submit_an_Annual_Impact_Report\" title=\"Who Must Submit an Annual Impact Report?\">Who Must Submit an Annual Impact Report?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Purpose_of_Annual_Impact_Report\" title=\"Purpose of Annual Impact Report\">Purpose of Annual Impact Report<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Special_Rule_for_NPOs_Without_Listed_Securities\" title=\"Special Rule for NPOs Without Listed Securities\">Special Rule for NPOs Without Listed Securities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Key_Components_of_Annual_Impact_Report\" title=\"Key Components of Annual Impact Report\">Key Components of Annual Impact Report<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Part_A_Strategic_Intent_Planning\" title=\"Part A: Strategic Intent &amp; Planning\">Part A: Strategic Intent &amp; Planning<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Part_B_Approach\" title=\"Part B: Approach\">Part B: Approach<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Part_C_Impact_Scorecard\" title=\"Part C: Impact Scorecard: \">Part C: Impact Scorecard: <\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.caindelhiindia.com\/blog\/annual-disclosure-by-npos-annual-impact-report-under-sse\/#Key_Takeaways\" title=\"Key Takeaways\">Key Takeaways<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Annual_Disclosure_by_NPOs_Annual_Impact_Report_under_Social_Stock_Exchange\"><\/span><span style=\"color: #000080;\"><strong>Annual Disclosure by NPOs &amp; Annual Impact Report under Social Stock Exchange <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Social Stock Exchange framework under SEBI does not merely permit fundraising by Not-for-Profit Organizations. it also imposes a robust disclosure and social impact reporting mechanism. The objective is to ensure transparency, accountability, and measurable social outcomes for all entities registered with or raising funds through SSE.\u00a0<strong><span style=\"color: #000080;\">The two major reporting requirements are:<\/span><\/strong><\/p>\n<ol>\n<li>Annual Disclosure by NPOs under Regulation 91C of SEBI (LODR) Regulations.<\/li>\n<li>Annual Impact Report under Regulation 91E of SEBI (LODR) Regulations.<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"Annual_Disclosure_by_NPOs_%E2%80%93_Regulation_91C\"><\/span><span style=\"color: #000080;\"><strong> Annual Disclosure by NPOs \u2013 Regulation 91C : <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>These requirements apply to NPOs registered on SSE, NPOs that have raised funds through SSE. And NPOs having designated securities listed on SSE. The disclosures are divided into:<\/p>\n<p>Time Limit: Must be submitted within\u00a060 days from the end of the financial year.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-11454\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-8-1.png\" alt=\"Minimum Initial Disclosure -NPO Issuing ZCZP Instrument\" width=\"1024\" height=\"1536\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-8-1.png 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-8-1-200x300.png 200w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-8-1-683x1024.png 683w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-8-1-768x1152.png 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-8-1-800x1200.png 800w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Non-Financial_Annual_Disclosure\"><\/span><span style=\"color: #000080;\"><strong> Non-Financial Annual Disclosure<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li><strong><span style=\"color: #000080;\"> General Aspects:<\/span> <\/strong>The NPO must provide detailed information regarding its identity and social activities.<\/li>\n<\/ol>\n<ul>\n<li>Organisation Details Disclosure includes the legal name of the organisation, the popularly known name (if different), and the head office location. And areas of operation.<\/li>\n<li>Vision and Mission: The NPO must explain why the organisation exists, the social issue being addressed and long-term objectives.<\/li>\n<li>Activities and Programs: Disclosure of projects undertaken, products and services offered and intervention models.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Outreach_and_Beneficiaries\"><\/span><span style=\"color: #000080;\"><strong>Outreach and Beneficiaries: <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The NPO must report:<\/p>\n<ul>\n<li>Direct Beneficiaries: Persons directly receiving benefits. Example: students receiving scholarships and patients receiving healthcare.<\/li>\n<li>Indirect Beneficiaries: People benefiting indirectly. Example: Family members, communities.<\/li>\n<li>Institutional Beneficiaries: Organisations assisted example schools, hospitals and community groups.<\/li>\n<li>Scale of Operations: Information regarding the number of employees, number of volunteers, geographic coverage and operational reach.<\/li>\n<\/ul>\n<ol start=\"2\">\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Governance_Aspects\"><\/span><span style=\"color: #000080;\"><strong> Governance Aspects<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ol>\n<p style=\"padding-left: 40px;\">Governance disclosures focus on accountability and management quality.<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Legal Structure: The NPO must disclose whether it is a Trust, Society, Section 8 Company and Other eligible structure.<\/li>\n<li>Governance Framework : Details relating to Board Structure, Governing Council, Committees, Internal controls, Governance policies and Decision-Making Processes.<\/li>\n<li>Governing Body Information : Disclosure includes Names of Trustees, Directors, Governing Members and Committee members.<\/li>\n<li>Executive Management : Details of CEO, Program Head, Finance Head, Fundraising Head and Other key personnel. Along with their responsibilities.<\/li>\n<li>Meetings and Attendance : NPO must disclose Number of Board Meetings, Committee Meetings and Attendance records.This helps assess governance effectiveness.<\/li>\n<li>Performance Review Mechanism : Disclosure of Board evaluation, Management appraisal systems, Review processes.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h4 style=\"padding-left: 40px;\"><span class=\"ez-toc-section\" id=\"Risk_Management_The_NPO_must_disclose\"><\/span><strong><span style=\"color: #000080;\">Risk Management :<\/span> <\/strong>The NPO must disclose<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"color: #000080;\"><strong>Major Organisational Risks:<\/strong><\/span><\/p>\n<p>For example Funding risks, regulatory risks, operational risks and project implementation risks.<\/p>\n<ul>\n<li>Mitigation Measures : Steps taken to address these risks.<\/li>\n<li>Ethics and Conflict of Interest Framework: Details regarding whistleblower mechanisms, ethics policies, conflict-of-interest policies and reporting channels.<\/li>\n<li>Remuneration Policy : Information regarding Compensation philosophy, Payments to management and Payments to trustees where applicable.<\/li>\n<li>Stakeholder Grievance Redressal: The organization must disclose Complaint handling process, Number of complaints received and Number resolved.<\/li>\n<li>Regulatory Registrations : Complete details of Registration Certificate, PAN, 12A \/ 12AA \/ 12AB, 80G Registration, FCRA Registration, GST Registration and Other approvals.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Financial_Annual_Disclosure\"><\/span><span style=\"color: #000080;\"><strong> Financial Annual Disclosure<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4><span class=\"ez-toc-section\" id=\"Financial_Disclosures\"><\/span><span style=\"color: #000080;\"><strong> Financial Disclosures<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>Time Limit: To be filed On or before 31 October every year or before the due date of filing Income Tax Return, whichever is later.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"General_Information\"><\/span><span style=\"color: #000080;\"><strong>General Information<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>Outreach Statistics: Updated beneficiary details and impact coverage.<\/li>\n<li>Top 5 Donors \/ Investors: Disclosure of the five largest contributors based on funds received.<\/li>\n<li>Top 5 Programs: Programs consuming the largest budgets during the year.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Governance_Disclosures\"><\/span><span style=\"color: #000080;\"><strong>Governance Disclosures<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>Related Party Transactions: The NPO must disclose transactions with trustees, related entities and associated organisations. This reduces conflicts of interest.<\/li>\n<li>Compliance Statement: Senior management must confirm compliance with applicable regulations. Internal monitoring mechanisms.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Financial_Statements\"><\/span><span style=\"color: #000080;\"><strong>Financial Statements :<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The following must be disclosed:<\/p>\n<ul>\n<li>Balance Sheet: Financial position of the organisation.<\/li>\n<li>Income &amp; Expenditure Statement: Revenue and expenses.<\/li>\n<li>Cash Flow Statement: Movement of funds.<\/li>\n<li>Programme-wise Utilisation: How funds were utilised across various programmes.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Auditors_Report\"><\/span><span style=\"color: #000080;\"><strong>Auditor&#8217;s Report :<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Disclosure of the auditor&#8217;s opinion and qualifications, if any. Auditor details.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Annual_Impact_Report_AIR_%E2%80%93_Regulation_91E\"><\/span><span style=\"color: #000080;\"><strong> Annual Impact Report (AIR) \u2013 Regulation 91E<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-11459\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-10-1.png\" alt=\"Annual Impact Report (AIR) \u2013 Regulation 91E\" width=\"1024\" height=\"1536\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-10-1.png 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-10-1-200x300.png 200w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-10-1-683x1024.png 683w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-10-1-768x1152.png 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/11\/Designer-10-1-800x1200.png 800w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>The Annual Impact Report is perhaps the most unique feature of SSE reporting. Its objective is not merely financial reporting but measuring: &#8220;What social impact was actually created?&#8221;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_Must_Submit_an_Annual_Impact_Report\"><\/span><span style=\"color: #000080;\"><strong>Who Must Submit an Annual Impact Report?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>All Social Enterprises registered with SSE, or raising funds through SSE. Due Date: 31 October every year or the Income Tax Return due date, whichever is later.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Purpose_of_Annual_Impact_Report\"><\/span><span style=\"color: #000080;\"><strong>Purpose of Annual Impact Report<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Annual Impact Report captures both:<\/p>\n<ul>\n<li>Quantitative Impact: Such as number of beneficiaries and facilities created. And services delivered.<\/li>\n<li>Qualitative Impact : Such as improved livelihoods and enhanced education outcomes. And better health indicators.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Special_Rule_for_NPOs_Without_Listed_Securities\"><\/span><span style=\"color: #000080;\"><strong>Special Rule for NPOs Without Listed Securities<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>If the NPO is merely registered on SSE and has not listed any security:<\/p>\n<ul>\n<li>The Annual Impact Report may be self-reported. Such a report must include major activities, significant projects and programmes executed. The NPO must explain the basis used to determine significance.<\/li>\n<li>Coverage Requirement: AIR must cover at least 67% of the total programme expenditure of the immediately preceding financial year. This ensures meaningful coverage of organisational activities.<\/li>\n<li>Annual Impact Report for Social Impact Funds: Where Social Impact Funds invest in Social Enterprises: The Fund must prepare a Consolidated Annual Impact Report, covering all investee entities.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Key_Components_of_Annual_Impact_Report\"><\/span><span style=\"color: #000080;\"><strong>Key Components of Annual Impact Report<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4><span class=\"ez-toc-section\" id=\"Part_A_Strategic_Intent_Planning\"><\/span><span style=\"color: #000080;\"><strong>Part A: Strategic Intent &amp; Planning<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>The organisation must explain the social problem being addressed, for example, poverty, education gaps and financial exclusion.<\/li>\n<li>Changes During the Year: Whether the nature of the problem has changed.<\/li>\n<li>Target Segment: Who is being served? Examples: Women, Farmers, Children, Migrants. Any changes must be disclosed.<\/li>\n<li>Outcomes: The report must identify:<\/li>\n<li>Positive Outcomes: Such as Increased income, Better health, Improved education.<\/li>\n<li>Potential Negative Outcomes: Unintended consequences should also be disclosed.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Part_B_Approach\"><\/span><span style=\"color: #000080;\"><strong>Part B: Approach<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>This section explains implementation methodology.<\/p>\n<p>Baseline Analysis : What was the situation before intervention? And What is the situation now?<\/p>\n<p>Performance Trends : Year-on-year impact changes.<\/p>\n<ul>\n<li>Sustainability Model : How will impact continue after project completion?<\/li>\n<li>Alignment with Public Priorities : Whether activities contribute towards Sustainable Development Goals (SDGs), National priorities and State development goals<\/li>\n<li>Stakeholder Feedback : How beneficiaries&#8217; feedback is incorporated into decision-making.<\/li>\n<li>Impact Risks : Major risks affecting outcomes and mitigation measures.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Part_C_Impact_Scorecard\"><\/span><span style=\"color: #000080;\"><strong>Part C: Impact Scorecard: <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>This is the measurable performance section.<\/p>\n<ul>\n<li>Impact Metrics: Examples include the number of beneficiaries, jobs created, and literacy rate improvements. And healthcare coverage. Along with trend analysis.<\/li>\n<li>Narratives of Impact: Actual stories demonstrating social transformation.<\/li>\n<li>Beneficiary Validation: Impact should be validated through surveys, feedback forms, and community consultations.<\/li>\n<li>Role of Social Impact Assessors: For many SSE-funded projects, AIR is independently reviewed. Assessment is conducted by Social Impact Assessment Organisations (SIAOs). which employ qualified social impact assessors. The Assessor&#8217;s Report is disclosed along with AIR, enhancing credibility and investor confidence.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span><span style=\"color: #000080;\"><strong>Key Takeaways<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Annual Disclosure under Regulation 91C focuses on governance, operations, compliance, and financial transparency.<\/li>\n<li>Annual Impact Report (AIR) under Regulation 91E measures actual social impact.<\/li>\n<li>Non-financial disclosures are due within 60 days of FY end.<\/li>\n<li>Financial disclosures and AIR are due by 31 October or ITR due date, whichever is later.<\/li>\n<li>AIR must cover at least 67% of program expenditure.<\/li>\n<li>Impact reporting includes strategy, beneficiaries, outcomes, risks, sustainability, and validation.<\/li>\n<li>Social Impact Assessors provide independent evaluation of social outcomes.<\/li>\n<li>The SSE framework shifts focus from merely tracking funds to measuring real social change and accountability.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Annual Disclosure by NPOs &amp; Annual Impact Report under Social Stock Exchange The Social Stock Exchange framework under SEBI does not merely permit fundraising by Not-for-Profit Organizations. it also imposes a robust disclosure and social impact reporting mechanism. The objective is to ensure transparency, accountability, and measurable social outcomes for all entities registered with or &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1424],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/11458"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=11458"}],"version-history":[{"count":2,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/11458\/revisions"}],"predecessor-version":[{"id":11461,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/11458\/revisions\/11461"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=11458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=11458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=11458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}