SEBON Orders Special Monitoring of Listed Companies Hit by Recent Floods
Summary
SEBON has ordered special monitoring of listed companies affected by recent floods and natural disasters, with a focus on damaged hydropower projects and other infrastructure. The regulator also wants timely public disclosure, closer surveillance of trading, and a clear procedure for suspending or resuming securities trading during emergencies.
Key Points
- SEBON has directed authorities to identify listed companies affected by the recent floods and natural disasters across Nepal.
- Affected companies must disclose project damage, operational disruption, financial impact, insurance status and expected resumption timelines.
- The regulator will closely monitor share prices, trading volumes and orders for unusual activity that could distort the market.
- SEBON is developing a formal procedure for information disclosure and trading suspension during disasters and other extraordinary events.
