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SEBON rejects IPO proposals of over two dozen companies over low net worth

KATHMANDU: The Nepal Securities Board (SEBON) has sent back the Initial Public Offering (IPO) proposals of more than 24 companies, citing a failure to meet the minimum net worth requirement of Rs. 90 per share. SEBON has instructed 14 of these companies, including six hydropower firms, to revise and...

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