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Veteran Market Analyst 'Shiva Chandra' Joins Intense Race for SEBON Chairmanship

Prominent stock market analyst Purushottam Raj Chimoriya, popularly known as Shiva Chandra, has officially applied for the position of Chairman at the Securities Board of Nepal.

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Veteran Market Analyst 'Shiva Chandra' Joins Intense Race for SEBON Chairmanship

Purushottam Raj Chimoriya, a well-regarded market analyst known by his alias 'Shiva Chandra,' has formally applied for the vacant Chairman post at the Securities Board of Nepal (SEBON). Chimoriya submitted his candidacy at the Ministry of Finance on Monday, positioning himself as a contender to lead the nation's securities regulator. With over twenty years of experience in the financial sector, including a seven-year tenure as the CEO of Asian Capital Limited, Chimoriya is recognized for his detailed market research and his vocal presence on social media. The appointment is seen as critical by the investor community, which is seeking leadership capable of addressing market challenges and modernizing the Nepal Stock Exchange (NEPSE). As the government moves forward with the selection process, the focus remains on finding a leader to manage IPO approvals, broker licensing, and market stability.

Energy and Financial Stocks Lead Global Markets in Q3 2026, While Asian Tech Shares Decline

Global stock markets recorded mixed performances in the third quarter of 2026, with energy and financial companies delivering strong returns. Rising oil prices and expectations of higher interest rates supported these sectors, while technology stocks, particularly in the Asia-Pacific region, faced significant declines.

Mandu Hydropower’s 13.63 Lakh Bonus Shares Listed on NEPSE

Mandu Hydropower Limited (MANDU) has listed 1,363,637 units of bonus shares on the Nepal Stock Exchange (NEPSE), making the shares eligible for trading.

Vision Lumbini Urja Proposes 3.6842% Cash Dividend, Calls 8th AGM

Vision Lumbini Urja Company Limited (VLUCL) has proposed a 3.6842% cash dividend for its shareholders and announced the date of its 8th Annual General Meeting (AGM). The company has also fixed Kartik 16 as the book closure date.

NEPSE Adjusts Share Prices of Manjushree Finance and Barun Hydropower

Nepal Stock Exchange (NEPSE) has adjusted the share prices of Manjushree Finance (MFIL) and Barun Hydropower (BARUN) following their book closures for bonus share distribution.

Last Day to Secure Dividends of Manjushree Finance and Barun Hydropower

Investors must hold shares of Manjushree Finance and Barun Hydropower by today, October 27, to qualify for their respective dividends and participate in the upcoming annual general meetings (AGMs).

Upper Hewakhola Hydropower’s 91.3% Rights Shares Enter SEBON Pipeline

Upper Hewakhola Hydropower Company Limited (UHEWA) has entered the preliminary review pipeline of the Securities Board of Nepal (SEBON) for a proposed 91.3% rights share issuance worth Rs. 52.50 crore. The company plans to issue 5.25 million rights shares to existing shareholders, with Reliable Investment and Merchant Capital Limited appointed as the issue manager.