NEPSE suspends trading in shares of Salt Trading Corporation and Taragaon Regency Hotels; Both companies accused of not providing sensitive information on time

Nepal Stock Exchange has suspended trading in the shares of Salt Trading Corporation (STC). NEPSE has accused STC of not providing the sensitive information on time.

NEPSE has also asked the company to provide the necessary reasons for not providing the information within 24 hours. The suspension will remain intact until the next decision of NEPSE.

Similarly, NEPSE has also suspended trading in shares of Taragaon Regency Hotels Limited (TRH).

The hotel has been accused of providing the notice related to its cash dividend on Poush 30 while the board meeting related to it had been conducted on Poush 24.

NEPSE has given a 24-hour ultimatum to provide proper reasons for the act and until the next decision, the trading on TRH will also remain suspended.