Chikkaballapur (Karnataka), Feb 14, 2025: Public charitable trust Prashanthi Balamandira Trust (PBT) has filed India’s largest Draft Fund Raising Document (DFRD) on the NSE-Social Stock Exchange (SSE) platform. The project aims to raise Rs 18 Crores for the construction of a state-of-the-art Emergency and Trauma Care Wing at its upcoming 600-bed hospital in Muddenahalli, Chikkaballapur, Karnataka.
This milestone builds on the trust’s registration with the NSE’s Social Stock Exchange in February 2024 and reflects PBT’s steadfast commitment to transparency, good governance, and advancing humanitarian initiatives. The announcement took place on Tuesday at the National Stock Exchange, BKC, Mumbai.
Sri Madhusudan Sai, a humanitarian leader and trustee of Prashanthi Balamandira Trust, shared his vision for this unique venture: “We all have to come together and work — that is what I call the ‘Sarkar, Samaj and Sanstha’ model, or the 3S formula. This means policymakers must create the right policies, society must provide the resources, and charitable organisations must implement social welfare schemes. The very idea of a Social Stock Exchange embodies the synergy of these three elements—government, society, and independent organisations—coming together for a common cause.”
The funds raised through SSE will be dedicated to the establishment of a vital Emergency and Trauma Care Wing within PBT’s new 600-bed hospital. This hospital will be the second teaching hospital under the Sri Madhusudan Sai Institute of Medical Sciences and Research (SMSIMSR) and will offer free-of-charge medical education in disciplines like MBBS, post-graduate studies, super-specialty courses, and allied health sciences. The initiative further strengthens healthcare delivery in rural India and empowers the next generation of medical professionals committed to service in underserved regions.
Sri Madhusudan Sai’s visionary leadership has not only impacted the lives of millions across 80 countries through free healthcare, nutrition, and education but also inspired a global community dedicated to serving humanity with compassion. His efforts have earned him international recognition for integrating spirituality with service to the community.
Founded on the principles of selfless service, Prashanthi Balamandira Trust operates 28 educational campuses, including India’s first free-of-charge medical college, a private university and a vocational training centre. Its humanitarian work reaches millions, with a focus on providing education, healthcare, and nutrition to underserved communities across India.
The Social Stock Exchange (SSE) is a regulated platform within the exchanges that connects social enterprises with investors and donors to drive social impact. It enables Non-Profit Organisations (NPOs) and for-profit social enterprises (FPEs) to raise funds through instruments like Zero Coupon Zero Principal (ZCZP) instrument.
By enhancing credibility, transparency, and impact measurement, SSE ensures funds are effectively utilized for sustainable development goals (SDGs). It also aims to democratize giving, allowing retail donors, institutional investors, and philanthropists to support causes such as education, healthcare, climate action, and women’s empowerment, etc. Through impact reporting and governance, SSE builds trust between funders and social enterprises, fostering a vibrant social finance ecosystem. With a vision to bridge capital markets and social impact, SSE is shaping the future of innovative, accountable, and scalable social investments in India.
.JPG)
