The Nepal Stock Exchange (NEPSE) has suspended Broker No. 20, Sipla Securities Pvt. Ltd., for a period of three trading days starting from Asar 23.
According to NEPSE, the decision was based on a letter received from CDS and Clearing Limited (CDSC). The letter stated that Sipla Securities failed to complete its clearing and settlement obligations within the specified timeframe.
Such delays are considered a violation of the operational rules set by the clearing body and stock exchange, and NEPSE has taken this regulatory action as a result.
Investors associated with Sipla Securities are advised to remain updated and plan their trading activities accordingly.
