NEPSE Lifts Trading Suspension on Bindhyabasini Hydropower After Human Error Clarification
Summary
NEPSE has resumed trading of Bindhyabasini Hydropower Development Company Limited after the company clarified that a board meeting date was misstated because of human error. The exchange lifted the suspension after reviewing supporting documents but warned the company to follow disclosure rules more carefully in future.
Key Points
- NEPSE resumed share trading of Bindhyabasini Hydropower Development Company Limited after a clarification over a reporting delay.
- The company said its board meeting for dividend proposals was held on Ashwin 27 at 3:30 PM, not later as the online filing showed.
- Bindhyabasini Hydropower submitted certified board meeting minutes to support the correction.
- NEPSE lifted the suspension but cautioned the company to strictly follow listing and disclosure regulations.
