The foundation aims to raise ₹1 crore through the issue, with a minimum investment of ₹1,000. The proceeds will fund one year of education for 160 students studying in classes 3 and 5 at Lotus Petal Senior Secondary School in Dhunela, Gurugram
Gurugram, India | July 30, 2026; Lotus Petal Charitable Foundation (“Lotus Petal Foundation” or “the Trust”), a registered Not-for-Profit Organisation on the BSE Social Stock Exchange (BSE SSE), today announced strong early participation in its public issue of Zero Coupon Zero Principal (ZCZP) Instruments.
The Issue, which opened for subscription on July 20, 2026 and closes on July 31, 2026, has received subscriptions exceeding 12% of the total issue size within the first two days.
Further strengthening this early momentum, GTPL Hathway Ltd., a long-standing CSR partner of Lotus Petal Foundation for over seven years, has committed to subscribe to up to 15% of the Issue through its Corporate Social Responsibility (CSR) allocation. The participation reflects growing corporate confidence in the Social Stock Exchange as a regulated and transparent platform for financing measurable social impact.
The Issue comes at a significant time for India’s social finance ecosystem, following the recognition of subscriptions to eligible Social Stock Exchange-listed ZCZP Instruments as admissible CSR expenditure under Schedule VII of the Companies Act, providing companies with an additional regulated avenue to deploy CSR funds.
Commenting on the response, Mr. Kushal Raj Chakravorty, Founder and Managing Trustee, Lotus Petal Foundation, said:
“The early response to the Issue reflects the confidence that donors, corporates and individual contributors place not only in Lotus Petal Foundation but also in the Social Stock Exchange framework itself. GTPL Hathway’s continued partnership over the past seven years demonstrates the value of long-term collaborations built on transparency, accountability and measurable outcomes. We believe the Social Stock Exchange has the potential to reshape institutional philanthropy in India by bringing greater governance, public accountability and confidence to social investments.”
The proceeds from the Issue will support 160 children from underserved communities by providing access to quality education, nutrition, healthcare and holistic development through Lotus Petal Foundation’s integrated intervention model.
The ZCZP Instruments, with a face value of ₹1,000 each, are being issued in accordance with Chapter X-A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and the framework governing the BSE Social Stock Exchange. As prescribed under SEBI regulations, the Issue is required to achieve a minimum subscription of 75% of the Issue size. Being Zero Coupon Zero Principal Instruments, they do not carry any coupon, redemption amount or credit rating.
Lotus Petal Foundation has been registered as a Not-for-Profit Organisation on the BSE Social Stock Exchange under Registration Number BSESSENPO0062 since July 24, 2024.
Investors may apply through the Application Supported by Blocked Amount (ASBA) process, the UPI mechanism (for eligible retail applications), or other permitted application routes, as detailed in the Final Fund-Raising Document dated June 17, 2026, filed with BSE Limited.
About Lotus Petal Foundation
Established in 2011, Lotus Petal Foundation is a Gurugram-based not-for-profit organisation working across Education, Nutrition and Livelihood to create sustainable pathways out of poverty for children from underserved communities.
Over the past fifteen years, the Foundation has developed an integrated model that combines quality education, nutrition, healthcare, employability and career support to enable children not only to complete their schooling but also transition successfully into higher education and meaningful livelihoods. Today, its programmes have impacted millions of lives across India.
