KATHMANDU, March 8: The Securities Board of Nepal (Sebon) has approved margin lending facility for investors to purchase shares of 87 listed companies.

KATHMANDU, Feb 18: The Securities Board of Nepal (SEBON) will be allowing the stockbrokers to open a branch office in the Kathmandu Valley only if they operate at least three branch offices outside the valley.

KATHMANDU, Jan 29: The Securities Board of Nepal (Sebon) has warned the firms concerned not to operate commodity exchange markets.

KATHMANDU, Nov 10: The Securities Board of Nepal (SEBON) has scrapped the provision to hold share transactions of the companies which enter the process for merger or acquisition.

KATHMANDU, Nov 3: Migrant workers will now get at least 10 percent of the primary shares (IPOs) issued by the companies, according to the revised rules  of the Securities Board of Nepal (SEBON).

KATHMANDU, Oct 15: The Securities Board of Nepal (SEBON) has cautioned the stockbrokers to clear transactions in T+2 model amid complaints that a number of brokerage companies have been delaying to clear transactions on the prescribed deadline.

KATHMANDU, Sept 18: The Securities Board of Nepal (Sebon), after going through a dilly-dally for a long time period, has decided to issue licenses to a new stock exchange, commodities exchanges and brokerage firms.

KATHMANDU, Sept 4: The Securities Board of Nepal (Sebon) has moved forward its plan to license a new stock exchange company.

KATHMANDU, August 18: The Securities Board of Nepal (Sebon) has permitted 11 brokerage firms to open their branches at 18 locations outside the Kathmandu Valley.

KATHMANDU, August 13: A total of 29 companies have been waiting for approval of the Securities Board of Nepal (Sebon) to issue their initial public offerings (IPOs) worth over Rs 10 billion.

KATHMANDU, August 6: The Securities Board of Nepal (Sebon) has permitted Global Equity Fund (GEF) to operate venture capital business after the firm fulfilled all the criteria set by the law.

KATHMANDU, July 29: The Securities Board of Nepal (SEBON) will accommodate Nepali migrant workers onboard the stock market. Its proposed policy reserves 10 percent in the sale of IPO shares in Nepal, according to SEBON Chair Ramesh Kumar Hamal.

KATHMANDU, July 28: Although government authorities have long been toying with the idea of operating a commodity exchange, it is yet to be materialized.

KATHMANDU, June 28: Stock brokerage firms have been allowed to operate their own Trade Management System (TMS), with the Securities Board of Nepal enforcing the separate working guideline for this purpose.

KATHMANDU, June 24: Tilak Koirala, who had been staging a fast unto death protest, demanding reforms in and expansion of the share market in Nepal, broke his strike following a 19-point agreement reached between the agitating share investors and Security Board of Nepal (Sebon) on Friday.

KATHMANDU, May 7: The Securities Board of Nepal (Sebon) has directed Nepal Stock Exchange (Nepse) to run the secondary market from Monday to Friday every week, citing the two-day weekend announced by the government.

KATHMANDU, May 3: Share investors can now get up to 70 percent margin loan from stockbrokers, with the Securities Board of Nepal (Sebon) enforcing a revised guideline on margin transactions last Wednesday.

KATHMANDU, March 6: A total of 26 companies have been waiting for approval of the Securities Board of Nepal (Sebon) to issue their primary shares worth Rs 7.26 billion in total.

Hamal is new Sebon chairman

February 17, 2022 18:45 pm

KATHMANDU, Feb 17: The Security Board of Nepal (Sebon) got Ramesh Kumar Hamal as its chairman on Thursday, after over four months of the position remaining vacant.

KATHMANDU, Feb 16: The Securities Board of Nepal (Sebon) is likely to get its new chairman soon as the selection panel recently shortlisted three contenders and forwarded their names to the Cabinet.

IPOs worth Rs 1.21 billion to be issued

January 26, 2022 11:32 am

KATHMANDU, Jan 26: Are you thinking of buying shares at Rs 100 per unit? If so, there is good news.

KATHMANDU, Jan 22: The Securities Board of Nepal (Sebon) has given permission to five companies to float their primary shares this week.

KATHMANDU, Dec 29: As many as 24 different companies are set to issue their initial public offerings (IPOs) worth Rs 6.5 billion in shares, according to the Securities Board of Nepal Strategic Plan (SEBON). Among the companies offering their IPOs, 14 are hydropower companies, six are microfinance companies, two are insurance companies, and two others.

KATHMANDU, Nov 11: A total of 11 candidates have applied for the post of Chairperson of the Securities Board of Nepal (Sebon).

KATHMANDU, Nov 1: The initial public offerings (IPOs) worth more than Rs 1.84 billion have been put on hold as the Security Board of Nepal (Sebon)-- the government’s  regulatory body of the sector-- has remained without its chairperson for almost a month.

KATHMANDU, Oct 26: The Securities Board of Nepal (SEBON) has directed listed companies to send cash dividends with clear details to the shareholders’ bank accounts.

KATHMANDU, Sept 28: A total of 20 companies have been waiting to receive approval to issue their initial public offerings (IPOs) worth Rs 5.90 billion.

KATHMANDU, August 20: The Finance Committee under the House of Representatives has directed the government to carry out an investigation immediately into the alleged involvement of some office-bearers of the Securities Board of Nepal (Sebon) and Nepal Stock Exchange (Nepse) in the share market and take action against them.

KATHMANDU, August 1: The Employees Union of the Securities Board of Nepal (Sebon) has urged the government authorities concerned to carry out an investigation into the controversial case of Sebon Chairman Bhisma Raj Dhungana’s alleged involvement in insider trading.

KATHMANDU, July 29: The Ministry of Finance (MoF) has asked the Securities Board of Nepal (Sebon) for clarification over the board’s officials’ alliance to acquire shares of a listed company.

KATHMANDU, July 25: The Securities Board of Nepal (Sebon) has recommended to the Ministry of Finance to fix a paid-up capital requirement of up to Rs 1 billion for new brokerage firms to get a license.

KATHMANDU, July 9: The initial public offerings (IPOs) worth Rs 14 billion are in the pipeline.

KATHMANDU, July 4: The Securities Board of Nepal (Sebon) has stepped up efforts to make public the risk analysis reports of all companies listed by Nepal Stock Exchange (Nepse).

KATHMANDU, June 24: The Securities Board of Nepal (Sebon) has revised the pricing range of stocks in pre-open market session in Nepal Stock Exchange (Nepse) in an apparent bid to check the excess rise in share prices on daily trading in the secondary market.

KATHMANDU, June 10: The Securities Board of Nepal (Sebon) is considering issuing additional 35 licenses to brokerage companies, citing an excessive rise in transactions in the secondary market in recent days.

KATHMANDU, May 4: The Securities Board of Nepal (Sebon) has permitted five companies to establish and mobilize the specialized investment fund, opening a gateway to attract necessary capital for long term growth of businesses including start-ups.

KATHMANDU, Feb 19: The Securities Board of Nepal (Sebon) has asked the listed companies to make public their financial reports on time.

KATHMANDU, Feb 6: The Securities Board of Nepal (Sebon) has warned that it will take action against the listed companies which have been refusing to submit their financial details to the authority.

KATHMANDU, Jan 23: The Securities Board of Nepal (Sebon) has permitted Nagarik Stock Dealer Company Ltd, a subsidiary of Citizen Investment Trust (CIT), to work as a securities dealer.

KATHMANDU, Dec 26: The Securities Board of Nepal (Sebon) has revised the commission rate of stock brokers by up to 60 percent, attributing to a reduction in the operation costs of the brokerage companies due to an increasing use of online transactions.

Sept 24: Republica Morning Brief

September 24, 2020 07:30 am

Refuting media reports about the alleged encroachment of Nepali territory by China in Humla district, the government said that there is no disputes over territory between Nepal and China. Minister for Foreign Affairs Pradeep Gyawali, who is also the government's spokesperson, said a similar news about land encroachment from Chinese side in Limi village in Humla district had surfaced four years ago as well. He said that an inter-ministerial team after the field inspection had concluded that the said buildings were located approximately one kilometer inside the Chinese territory from the Nepal-China border. The Ministry of Foreign Affairs (MoFA), in a separate statement, further said the boundary between Nepal and China was delineated and demarcated based on the Boundary Treaty and Boundary Protocols signed between the two countries.

KATHMANDU, March 23: The Securities Board of Nepal (Sebon) has instructed Nepal Stock Exchange (Nepse) to shut stocks transaction from Monday.

Nepse ends 18 points lower

March 23, 2020 09:45 am

KATHMANDU: The local bourse witnessed one of its most bland trading sessions as associations of merchant banks and stock brokers issued a press release on the day stating that all merchant bank and broker offices will remain closed between March 22 and April 2.

KATHMANDU, Jan 16: The Securities Board of Nepal (Sebon) mulls to increase the daily trading hours of stocks at the secondary market.

KATHMANDU, Nov 23: The government has begun the process of selecting the new executive chairman of the Securities Board of Nepal (Sebon).

KATHMANDU, Sept 18: The government has tabled a new bill to amend the Securities Act, 2007 proposing a removal of a provision in the law that ensures representation from the private sector and the regulatory body of chartered accountants as board members of the Securities Board of Nepal (SEBON).

KATHMANDU, July 16: The Securities Board of Nepal (Sebon) has unveiled a 72-point Policy and Program for Fiscal Year 2019/20 for the development of the securities and commodities exchange market.

KATHMANDU, July 1: The Securities Board of Nepal (Sebon) in collaboration with International Network on Financial Education (INFE) under the Organisation for Economic Co-operation and Development (OECD) is organizing a two-day ‘Conference and Roundtable on Financial Consumer Protection and Education in Asia Pacific’.

KATHMANDU, June 9: Minister for Finance, Yuba Raj Khatiwada, has said that the Securities Board of Nepal (Sebon) should not function under the shadow of Nepal Rastra Bank (NRB).

KATHMANDU, March 14: The Securities Board of Nepal (Sebon ) has issued the Specialized Investment Fund Regulation, 2075 (2019), paving the legal way for operation of various funds like private equity fund, venture capital fund and hedge fund, among other specialized types of investment funds, in the securities market.