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The trust aims to raise ₹18 crore through the issue that opened on March 19
Karnataka-based public charitable non-profit organisation, Prashanthi Balamandira Trust public issue on the Social Stock Exchange (SSE) closes on Monday. The trust aims to raise ₹18 crore through the issue that opened on March 19.
The funds raised through the issue of Zero Coupon Zero Principal Bonds (ZCZP) will be utilised towards establishing modern emergency and trauma care wing in the upcoming 600-bed world’s largest free-of-charge hospital at Sathya Sai Grama, Muddenahalli near Bengaluru.
The minimum subscription amount is ₹10,000.
RK Subramanya, Trustee of the Prashanthi Balamandira Trust, said, “Yet in resource-limited settings, care is often compromised due to lack of funds. Providing access to high quality medical care, free-of-charge to all those in need, is our mission.”
Notably, Prashanthi Balamandira Trust is a public charitable entity that provides free of charge education and healthcare to underserved communities. Registered with the Social Stock Exchange of the NSE, PBT embodies transparency, good governance and public accountability as a humanity-centric trust, it said in a statement.
Published on March 21, 2025
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