Now, share transactions of companies in the process of merger and acquisition will be suspended only for 15 days.

The Securities Board of Nepal (SEBON) on Thursday issued a directive that mentions that the share transactions will be suspended for a maximum of 15 working days for the completion of the merger and acquisition process that include re-registration of securities, dematerialisation and listing of securities among others.

Now, a unified policy has been formulated for all companies listed in the secondary market with the new directives. Earlier, there was a policy for trading suspension only for banks and financial institutions.

After the implementation of the directives, general investors will not need to wait a longer period for buying and selling shares.