Prashanthi Balamandira Trust files on NSE-Social Stock Exchange (SSE) platform

Prashanthi Balamandira Trust (PBT) has filed the 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 an Emergency and Trauma Care Wing at its upcoming 600-bed hospital in Muddenahalli, Chikkaballapur, Karnataka.

Madhusudan Sai, Trustee, 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.”

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 aims to strengthen healthcare delivery in rural India and empower the next generation of medical professionals committed to service in underserved regions.