TMS Share Sale Process and Post Sale Actions in Nepal

Introduction

When you sell shares through TMS, your work does not end at order execution. You must complete EDIS and update My Holdings on time. Delay leads to penalties. This article explains the full flow using a real transaction example. You will learn what happens after selling shares and what actions you must take.

Transaction overview (Example)

For Example you placed a sell order on 2025-12-28. The broker completed the sale and issued the bill on 2026-01-01.

Key details

• Bill No: KTM-S82803-0379101
• Transaction Date: 2082-09-13, 2025-12-28 AD
• Settlement Date: 2082-09-16, 2025-12-31 AD

Sold scripts summary (For Example)

• HBL, quantity 10, sale amount 1,884.00
• MMF1, quantity 100, sale amount 860.00
• SYPNL, quantity 10, sale amount 7,960.00

Financial summary

• Total share amount: 10,704.00
• Total commission: 48.66
• Capital gain tax: 538.79
• DP fee: 75.00
• Net payable amount: 10,039.99

This is the final amount you receive after all charges and taxes.

Understanding charges and taxes

When you sell shares, multiple deductions apply.

Commission breakdown

• NEPSE commission 20 percent: 9.73
• SEBON regularity fee 0.6 percent: 0.29
• Broker commission 79.40 percent: 38.63

Tax

• Capital gain tax depends on your base price and holding period.
• In this transaction, CGT totaled 538.79.

Why EDIS is mandatory after selling

After selling shares, you must transfer them to the buyer using EDIS. This step confirms delivery.

Important rule

You must complete EDIS by the next day after sale. If you miss the deadline, a 20 percent penalty applies.

EDIS is not optional. Without it, settlement fails.

How to calculate My Holdings after selling

After sale, your holdings must reflect the updated quantity and cost.

Steps to calculate My Holdings

• Log in to Mero Share App or Web app.
• Go to My Purchase Source.
• Open My Holdings.
• Click Holdings Calculate and update.

Special case, merged companies

• If the sold company went through a merger, click User Defined Merger Flag.
• Write merger in Remarks.
• Update My Holdings.
• If no merger exists, skip this step.

This step keeps your cost and quantity accurate for future tax calculation.

How to transfer shares using EDIS

Follow these steps carefully to avoid errors.

EDIS process

• Go to My EDIS.
• Open Transfer Share.
• Click View Details.
• Click Select All.
• Click Update.
• Go to My WACC.
• Check the WACC rate.
• Confirm WACC update.

When the system shows Successfully Transfer for Requested Share, EDIS is complete.

Settlement timeline explained

• Trade date T, 2025-12-28.
• Settlement date T plus 3, 2025-12-31.
• Funds reach you after settlement, once EDIS finishes on time.

Key mistakes to avoid

• Skipping EDIS after selling.
• Missing the next day deadline.
• Not updating My Holdings.
• Ignoring merger status while updating holdings.
• Confirming WACC without checking rates.

Final takeaway

Selling shares in TMS is only the first step. You must complete EDIS and update My Holdings on time. These actions protect you from penalties and settlement issues. Follow the steps exactly. Track dates. Check amounts. Your discipline saves money and avoids stress.