NEPSE publishes list of securities with enlistment fees due

Sun, Oct 18, 2020 4:36 PM on Latest, Stock Market,

NEPSE has published a list of the securities that have yet to submit their enlistment fees.

Securities listed on the stock exchange (companies, bonds, debentures, mutual funds) have to pay an annual enlistment fee to have their securities listed in NEPSE. Listed securities with paid-up capital below Rs. 50 crores will have to pay Rs. 50,000 as renewal fee. Securities with paid-up capital above that limit should pay Rs. 1,00,000. Meanwhile, Debentures and mutual funds with paid-up capital below Rs. 50 crores should pay Rs. 25,000 and those with higher paid-up capital should pay Rs. 50,000 as renewal fee.

NEPSE had also warned that failure to pay the renewal fee by Ashwin's end will cause a fine amounting to 10% of the annual renewal fee.

Below is the list of securities that have not paid their enlistment fees yet, as unveiled by NEPSE. 

Nonetheless, issuing new notices, NEPSE has informed that two of the companies on the list have already paid their enlistment fees. They are Multipurpose Finance Company Limited (MPFL) and Himalayan Distillery Limited (HDL). Their shares will likely be traded in the subsequent sessions.