NPR 484.00
-4.90 (-1.00%)SEBON is reviewing its 15-day prior notice rule for promoter share sales after it triggered a 20 to 37 percent…SEBON is reviewing its 15-day prior notice rule for promoter share sales after it triggered a 20 to 37 percent plunge in share prices and massive losses for retail investors. The board has called a meeting with investors today to discuss revising the policy.
The NEPSE index rose by 0.26 points to close at 2599.15 with a total turnover of Rs 4.89 billion. Sindhu Bikas…The NEPSE index rose by 0.26 points to close at 2599.15 with a total turnover of Rs 4.89 billion. Sindhu Bikas Bank was the top gainer up by 10.81 percent, while Sayapatri Hydropower saw the biggest decline of 9.66 percent, and Siddhartha Bank led in turnover with Rs 305.3 million traded.
NEPSE rose by 0.26 points to close at 2599.15 with a total turnover of Rs 4.89 billion. Siddhartha Bank…NEPSE rose by 0.26 points to close at 2599.15 with a total turnover of Rs 4.89 billion. Siddhartha Bank recorded the highest turnover of Rs 30.53 million, while Corporate Development Bank led the gainers with a 9.35% increase and Sayapatri Hydropower saw the biggest loss at 9.66%. amulet of stability remained visible across several sectors.
NEPSE inched up 0.26 points to close at 2599.15 with a total turnover of Rs 4.89 billion. Siddhartha Bank led…NEPSE inched up 0.26 points to close at 2599.15 with a total turnover of Rs 4.89 billion. Siddhartha Bank led the turnover with Rs 305.3 million ahead of its book closure for a 20 percent dividend.
An analysis of promoter share lock-in rules and low free-float IPOs in NEPSE, highlighting examples like…An analysis of promoter share lock-in rules and low free-float IPOs in NEPSE, highlighting examples like Hathway Investment Nepal (HATHY), Emerging Nepal (ENL), and Kalinchwok Darshan (KDL), and suggesting policy reforms such as book building and lifting lock-in restrictions to stabilize market supply and protect retail investors. Bhadra 22, 2083 lock-in expiry and Ashoj 2, 2083 lock-in expiry were noted for ENL and HATHY respectively, while HATHY's IPO was 12.5% of total paid-up capital (2,925,000 units). (Note: dates are kept as in the text and figures are preserved). No, wait, summary must be concise and avoid unnecessary dates if not fitting simple bounds, but let's stick strictly to text: An article analyzing promoter share lock-in periods and low free-float IPOs in NEPSE, examining examples like Hathway Investment Nepal (HATHY), Emerging Nepal (ENL), and Kalinchwok Darshan (KDL) where lock-in expiries and low float caused price volatility, and proposing policy reforms such as book building to protect retail investors.
SEBON's 15-day advance notice policy for promoter share sales has caused significant price drops ranging from…SEBON's 15-day advance notice policy for promoter share sales has caused significant price drops ranging from 20% to 37% in Emerging Nepal, Hathway Investment, Upper Lohore Khola, and Kalinchwok Darshan due to a lack of legal obligation to execute the sale after publishing the intention notice. Critics warn it creates market manipulation risks for retail investors.
SEBON's 15-day prior notice rule for promoter share sales caused severe price drops of 20 to 37 percent in…SEBON's 15-day prior notice rule for promoter share sales caused severe price drops of 20 to 37 percent in companies like Emerging Nepal and Hathway Investment, eroding small investors' wealth during the cooling period before any shares were actually sold by promoters on Bhadra 22.
The expiry of the lock-in period for Emerging Nepal Limited and Kalinchwok Darshan Limited has led to large…The expiry of the lock-in period for Emerging Nepal Limited and Kalinchwok Darshan Limited has led to large volumes of promoter shares being offered for sale, creating supply pressure in the secondary market and prompting experts to suggest policy reforms for lock-in rules.
Promoter shareholders of Emerging Nepal Limited, Kalinchwok Darshan Limited, Modi Energy Limited, and Upper…Promoter shareholders of Emerging Nepal Limited, Kalinchwok Darshan Limited, Modi Energy Limited, and Upper Hewakhola Hydropower Limited are preparing to sell nearly 4 million locked-in shares in the secondary market following SEBON's 15-day advance notice rule for major shareholders holding 5 percent or more shares to sell their holdings within three months, raising concerns among retail investors about heavy market supply and corporate governance issues amid the mass exit of promoters seeking to secure their profits and exit the companies. Act now as supply surges on the secondary market for these securities following the lock-in expiry and regulatory filings at NEPSE starting from Asoj 7 and extending through mid-Asoj 2083/84 depending on the company disclosures reported in the article text. Act now as supply surges on the secondary market for these securities following the lock-in expiry and regulatory filings at NEPSE starting from Asoj 7 and extending through mid-Asoj 2083/84 depending on the company disclosures reported in the article text.
Emerging Nepal Limited announced that its basic shareholder Nand Kishor Mundada intends to sell 55,560 shares…Emerging Nepal Limited announced that its basic shareholder Nand Kishor Mundada intends to sell 55,560 shares within the next three months, following SEBON guidelines.
Emerging Nepal Limited experienced a sharp drop in its share price after notifying NEPSE that basic…Emerging Nepal Limited experienced a sharp drop in its share price after notifying NEPSE that basic shareholders intend to sell 857,539 shares.
The NEPSE index declined by 15.43 points to close at 2,545.40 on Wednesday, accompanied by a total turnover of…The NEPSE index declined by 15.43 points to close at 2,545.40 on Wednesday, accompanied by a total turnover of Rs 4.19 billion.
Following the integration of ISIN codes, founding shareholders of Emerging Nepal Limited have announced plans…Following the integration of ISIN codes, founding shareholders of Emerging Nepal Limited have announced plans to sell over 850,000 shares, creating heavy selling pressure and price drops in both Emerging Nepal Limited and Kalinchwok Darshan Limited shares.
Emerging Nepal Limited announced that six core shareholders have submitted applications to sell a total of…Emerging Nepal Limited announced that six core shareholders have submitted applications to sell a total of 857,539 shares within the next three months, in compliance with NEPSE directives for foundational shareholders selling 5 percent or more of their holdings. Regent Training P. Ltd., Vishal Agarwal, Jagdish Prasad Agarwal, Nikunj Agarwal, Anuj Agarwal, and United Distributors Nepal Limited are selling their shares, amounting to over 8.5 lakh units in total as disclosed through NEPSE on an unspecified date.
On Monday, the NEPSE index rose by 18.07 points to close at 2,560.84 points with a total turnover of Rs 3.83…On Monday, the NEPSE index rose by 18.07 points to close at 2,560.84 points with a total turnover of Rs 3.83 billion.
On Monday, the NEPSE index increased by 18.07 points to close at 2,560.84, with a total turnover of Rs 3.83…On Monday, the NEPSE index increased by 18.07 points to close at 2,560.84, with a total turnover of Rs 3.83 billion from 9.29 million shares traded.
SEBON has directed CDSC to open trading for promoter shares of two companies whose lock-in period has expired…SEBON has directed CDSC to open trading for promoter shares of two companies whose lock-in period has expired, while leaving the dematerialization issue for over 36 companies unresolved.
On Tuesday, the NEPSE index rose by 9.24 points to close at 2,522.66, with a total turnover of Rs 2.9 billion.On Tuesday, the NEPSE index rose by 9.24 points to close at 2,522.66, with a total turnover of Rs 2.9 billion.
In the fourth quarter, the total net profit of investment sector companies dropped by 22.96% to Rs 515.1…In the fourth quarter, the total net profit of investment sector companies dropped by 22.96% to Rs 515.1 million, with varying performances across firms like CEDB Holdings and Citizen Investment Trust.
NEPSE index increased by 8.81 points to close at 2,651.21 with total turnover reaching Rs 3.72 billion.NEPSE index increased by 8.81 points to close at 2,651.21 with total turnover reaching Rs 3.72 billion.