SEBON’s Capital Hike Pressure on Old Stockbrokers

Nepal Securities Board (SEBON) has mandated existing stockbroker companies to increase their paid-up capital to NPR 200 million by July 2025. However, delays in issuing merger guidelines have created challenges for 39 companies still unable to meet the capital requirements.

While the amended regulations from 2022 allow brokers to opt for mergers or acquisitions, the absence of clear directives has made it difficult for brokers to proceed.

Currently, 43 new stockbrokers have already met the capital requirements, while the remaining old brokers face increasing pressure to compete. The association has requested SEBON to extend the deadline by at least one year, citing delays in the issuance of merger guidelines as a major obstacle.