The Securities Board of Nepal (SEBON) has introduced a new policy to make 100 percent cash margin mandatory for buying shares of high-risk companies listed under the ‘Z’ group.
New Policy for High Risk Companies
The Securities Board of Nepal (SEBON) has brought forward a new plan in its capital market policy for the fiscal year 2083/84. To make the share trading of high-risk company more organized, the board has introduced a policy to make 100 percent cash margin mandatory when buying shares of companies listed in the ‘Z’ group.
Classification of Listed Companies
According to the action plan of the board, the Nepal Stock Exchange (NEPSE) will classifying the listed companies in an objective manner. This classification will be based on the financial status of the companies, their liquidity, and their corporate governance.
Advance Payment Rule
After the classification, the companies that are put into the ‘Z’ group or are declared as risky will have strict trading rules. When investors want to buy shares of these companies, they must deposit 100 percent of the total transaction amount as cash in advance.
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.
