NEPSE Issues Ultimatum to Listed Firms, Sets Deadline for Renewal Fees
Summary
NEPSE has issued a notice asking listed companies to pay their annual renewal fee for fiscal year 2083/84 by the end of Ashoj. Firms that miss the deadline will face a 10 percent fine and risk suspension of their listing.
Key Points
- NEPSE has told listed companies to clear their annual renewal fee for fiscal year 2083/84 by the end of Ashoj.
- Companies with paid-up capital up to Rs. 50 crore must pay Rs. 50,000, while those above that threshold must pay Rs. 100,000.
- Debentures and mutual funds have separate renewal fees of Rs. 25,000 and Rs. 50,000 depending on capital size.
- Companies that fail to pay on time will face a 10 percent penalty and may have their listing suspended.
