Prime Minister Balendra Shah Convenes Cabinet Meeting; Speculation Mounts Over Vacant SEBON Chairmanship

Prime Minister Balendra Shah has called a Cabinet meeting for 4:30 PM today at Singha Durbar, sparking heavy anticipation across the country's financial circles. Although the Prime Minister's Office (PMO) has labeled the assembly a routine review of ministerial work procedures and public grievances, market analysts are closely watching for any structural policy changes. The meeting comes at a critical time for Nepal's financial architecture, as the apex market regulator, the Securities Board of Nepal (SEBON), has been left completely headless for over two consecutive months. The executive vacancy at SEBON has bottlenecked dozens of pending initial public offerings (IPOs), right share approvals, and essential capital market reforms. With local investors growing increasingly anxious over the regulatory deadlock, industry insiders are tracking today's high-level ministerial gathering to see if the Shah-led administration will finally break the gridlock and officially appoint a new SEBON Chairman.