BBC and RBCL Won't Trade in NEPSE From Tomorrow; This is Why

Sun, Jan 31, 2021 4:11 PM on Latest, Stock Market,

NEPSE has halted the trading of Bishal Bazar Company Limited (BBC) and Rastriya Beema Company Limited (RBCL).

Companies listed in the Nepal Stock Exchange (NEPSE) are required to present the audited financial reports and the auditor's report within five months after the end of a fiscal year. Although NEPSE had submitted a request to both the companies to present their respective financial reports, both the companies failed to submit the reports on time. Thus, the trading of both the companies is now halted.

While writing this article, BBC has a closing price of Rs. 2,880 per share while RBCL has the closing price of Rs. 16,670 per share.