Beni Securities Suspended for Three Trading Days Over Settlement Delay

Summary

NEPSE has suspended Beni Securities Pvt. Ltd. from securities trading for three working days after it failed to complete clearing and settlement within the required timeframe. The action was taken on the recommendation of CDS and Clearing Limited under securities trading regulations.

Key Points
  • NEPSE suspended Beni Securities Pvt. Ltd. (broker number 93) for three working days over a settlement delay.
  • The suspension followed a recommendation from CDS and Clearing Limited.
  • Beni Securities failed to complete clearing and settlement activities within the prescribed timeframe under Regulation 22(1)(chha).
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