NEPSE resumes trading of Unilever Nepal; Advises the company to follow the regulations

The trading of the stocks of Unilever Nepal Limited (UNL) has been resumed in the secondary market.

Previously, the NEPSE had suspended the trading of UNL following the enquiries to be made regarding its dividend announcement.

The company had announced 700% cash dividend for its shareholders. The notice about it was published in NEPSE on Bhadra 28 however, the decision was made on Jestha 12, 2075.

In the notice published by NEPSE, it has been mentioned that the company could not provide satisfactory results for the violations of the regulations. Also, NEPSE has strongly advised the company to avoid such acts and to follow the regulations.