Kathmandu. Share trading of a dozen companies has been freed. Nepal Stock Exchange (NEPSE) has released the trading of 12 companies whose shares have been suspended due to mergers and acquisitions. The Securities Board has opened the bank business according to the instructions that the share trading of the companies that are going to merge and the companies that are going to be merged cannot be stopped for a maximum of 15 days.

The share trading of 6 commercial banks, 3 non-life insurance companies, and 3 microfinance financial institutions has been freed. NEPSE has released the share transactions of Nepal Investment Bank, Mega, Kumari, NCC, Civil, Century Bank, Sana Kisan Bikas Laguvitta and RMDC Laguvitta, Adarsh Laguvitta, Siddarth Insurance, Premier Insurance, Prabhu Insurance, which are undergoing merger.

Apart from this, the share transactions of other banks and financial companies which are in the process of merger are also in the process of being released. For listed companies, the guidelines related to mergers, mergers and acquisitions 2079 have been implemented. Now, due to mergers and acquisitions, the share trading of the companies which have share trading will be freed.

According to the new guidelines, after the completion of the merger and acquisition process, there is a provision that stock trading should be suspended for a maximum of 15 days after the start of the integrated business.