Share Trading Of RBCL & BBC Suspended

February 1, 2021 | Investopaper

Nepal Stock Exchange (NEPSE) has stopped the trading of shares of two companies – Rastriya Beema Company Limited (RBCL) and Bishal Bazar Company Limited (BBC). 

Chief Executive Officer of the Nepal Stock Exchange Chandra Singh Saud informed that the share trading of these two companies was stopped due to non-compliance with the Securities Act. According to Saud, the two companies have not been able to submit their financial statements. These companies have not hold a general meeting for a long time. Government of Nepal has investment in both the companies.

As per the provision in the Securities Listing Rules, the listed organization has to submit the audited financial statement and audit report of each financial year within 5 months of the end of the financial year.

Rastriya Beema Company (RBCL) traded at Rs 16,670 while BBC was trading at Rs 2,880 on Sunday.


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One thought on “Share Trading Of RBCL & BBC Suspended

  • February 3, 2021 at 5:00 am

    i bought the 100 kitta shares of bishal bazar company but i cannot do trade bifore the shares comes into my account its shares karobar have been blocked by nepse . In this condition ,i need compensation of my shares.


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