Nagarik Stock Dealer Obtains NEPSE Approval to Trade Additional Companies

Jun 30, 2022 09:34 AM Merolagani

Nagarik Stock Dealer has obtained approval from Nepal Stock Exchange (NEPSE) to trade additional listed companies.

The stock dealer obtains the approval as per Task Procedure related to Operation to Stock Dealer, 2077, Section 2, subsection no 3.

As per the task procedure, companies which are in profit since the last three years, have at least 10,000 investors, maintain paid-up capital of Rs 200 million and log minimum of 80 trading days in a year are eligible for trading for the stock dealer.

The stock dealer should submit a list comprising the names of the companies that it seeks to trade to NEPSE following which NEPSE will provide the approval after due study.

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