The share trading of these two institutions has been suspended since their merger agreement on April 7 with a swap ratio of 1:1. Following the merger agreement and NRB approval, the institutions started their joint transaction from October 15.
As per the mechanism set by Securities Board of Nepal (SEBON), the share trading of should be started within 15 days of a joint transaction. However, most of the companies do not comply with the regulation that freezes the investment of investors for long period.
