On August 10, Nepse suspended the transactions of two brokers — broker no. 5, Market Securities Exchange, and broker no. 8, Ashutosh Brokerage and Securities — for manipulating the rules.

•On August 13, Sebon suspended the licence of Nepal Finance Ltd (Nefisco) and stopped it from operating as a merchant bank due to its alleged ‘fraudulent’ transaction of promoters’ shares.

•On August 24, Sebon suspended Shilpa Securities Pvt Ltd (broker no. 20) — until further

notice — on the charge of providing false information.