Nepal Stock Exchange Limited (Nepse) has de-listed 44 companies, most of them from manufacturing and processing sector or trading sector. These companies are de-listed for not renewing and paying their annual listing fee and for not communicating with the Nepse. 

 

Nepse has stated that these companies were seen in financial problem. They have not gone for the liquidation but are not in existence. The investors are also not seen optimistic on the recovery of their investment and the governing bodies of these problematic companies are also seen eager to take action on them. 

 

Niranjan Phuyal, Senior Officer at Nepse has stated that, there is also not clear information about these companies. He also added that the chances of reviving of these companies have already gone into vein. 

Though the Nepse has a provision of trading the shares at Over-the- Counter for the companies which are not listed or de-listed for the benefit of the general investors, this is not practical in case of this companies as they are virtually non-existent.