The Securities Board of Nepal (SEBON) has announced plans to amend various capital market guidelines, including those for IPOs and book building, to make the market more transparent and investor-friendly.
The Securities Board of Nepal (SEBON) is preparing to revise several of its existing guidelines and make new standards. This decision is part of their effort to implement the Capital Market Policy for the fiscal year 2083/84.
According to the Implementation Action Matrix recently released by the board, these changes are aimed at making the stock market more transparent, organized, and helpful for normal investors.
Changes in IPO and Book Building Rules
As per the action plan, SEBON will amend the Securities Issuance and Allotment Guidelines, 2074. By making these changes, the board want to make the public issuance (IPO) system more effective and well-managed.
Additionally, the Book Building Guidelines, 2077 will also get revised. This amendment will make the price discovery process for public issues much more reliable and transparent for everyone.
The board is also planning to modify the Mutual Fund Guidelines, 2069 to bring timely updates in the collective investment sector.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
