Agstar PLC news & filings

Colombo market closed higher as the ASPI rose 0.56% to 21,539 and the S&P SL20 gained 0.53%, with turnover of Rs.2.77bn and foreign net outflows of Rs.624.5m. Declining T-Bill rates and positive bank results supported buying, with the banking sector leading turnover (38%).

Brown & Company PLC's Browns Agriculture won the Gold Award for “Global Brand of the Year” for its Browns SUMO WORLD Harvester at the SLIM Brand Excellence Awards 2025. The harvester holds a 73% national market share and features advanced monitoring and extensive after-sales support.

Agstar PLC appointed Sajeewa Ranasinghe as Chief Executive Officer effective 15 October. Ranasinghe is BSc (Univ. of Moratuwa) and CIMA/CGMA qualified, and was previously COO/CFO at Associated Battery Manufacturers and held senior finance and executive roles at Ambeon Holdings, Phoenix Industries and Orange Electric.

AgStar PLC appointed Sanjaya Nissanka and Shamal Abeysinghe as non-executive directors; both are senior agribusiness executives linked to Brown & Company and Browns Agri Solutions.

Agstar PLC sold its entire 4,500,000 ordinary shares in Agstar Exports (Pvt) Ltd for Rs35.3 million, the company said in a stock exchange filing; the buyers were two named individuals. Agstar voting stock was trading up 10 cents at Rs8.40.