NEPSE suspends trading in the securities of 25 companies; See the complete list

Sun, Oct 21, 2018 11:32 AM on Latest, NEPSE News, Stock Market,

Nepal Stock Exchange (NEPSE) has suspended the trading in the securities of 25 listed companies. As per the notice published in NEPSE, the suspension had been made due to non-payment of annual listing fee.

The companies that have been suspended are:

Miteri Development Bank (MDB)

Corporate Development Bank Limited (CORBL)

Shree Ram Sugar Mills Limited (SRS)

Citizens Mutual Fund 1 (CMF1)

Vijaya Laghubitta Bittiya Sanstha (VLBS)

Rairang Hydropower Development Company Limited (RRHP)

National Hydro Power Company Limited (NHPC)

Ridi Hydropower Development Company Limited (RHPC)

Barun Hydropower Company Limited (BARUN)

Support Microfinance Bittiya Sanstha Limited (SMB)

Forward Community Microfinance Bittiya Sanstha Limited (FOWAD)

RSDC Laghubitta Bittiya Sanstha Limited (RSDC)

Chhimek Laghubitta Bittiya Sanstha Limited (CBBL)

Janautthan Samudayik Laghubitta Bikas Bank Limited (JSLBB)

Mithila Laghubitta Bittiya Sanstha Limited (MLBBL)

Best Finance Company Limited (BFC)

Kanchan Development Bank Limited (KADBL)

National Microfinance Bittiya Sanstha Limited (NMBBS)

Summit Micro Finance Development Bank Limited (SMFDB)

Mahuli Samudayik Laghubitta Bittiya Sanstha Limited (MSLB)

Kalika Laghubitta Bittitya Sanstha Limited (KMCDB)

Civil Laghubitta Bittiya Sanstha Limited (CLBSL)

Multipurpose Finance Company Limited (MPFL)

Purnima Bikas Bank Limited (PURBL)

Nepal Community Development Bank Limited (NCDB)

As per the latest update from NEPSE, the securities of Purnima Bikas Bank Limited (PURBL) and Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) has been removed from supension after the payment of the annual listing fees. 

The companies have been unable to pay the fees following Dashain, but this has directly affected the investors.