Apple Securities Pvt. Ltd. Suspended for Three Working Days

Mon, Mar 24, 2025 10:57 AM on Latest, NEPSE News,

Apple Securities Pvt. Ltd., located in Naxal, Kathmandu, has been suspended for three working days due to non-compliance with settlement obligations within the stipulated timeframe.

According to a letter from CDS & Clearing Limited dated 2081/12/10 (March 23, 2025), with reference number 2081/82/4.3 and dispatch number 1928, Apple Securities failed to complete clearing and settlement activities within the given deadline. As a result, the company has been recommended for suspension. Based on this recommendation, the relevant authority has decided to impose a three-day suspension.

The suspension serves as a regulatory measure to ensure compliance within the securities market. Investors and stakeholders associated with Apple Securities Pvt. Ltd. are advised to take note of this development.