Company filings and market news from across Sri Lanka's stock market.
Alliance Finance Company PLC (ALLI.N0000) said its Rs. 2 billion Social Bond issue was oversubscribed on the opening day and subscriptions were closed. It will use 75% of proceeds for value-chain financing to MSMEs and rural entrepreneurs and 25% for microfinance to women in underserved communities.
Alliance Finance Company PLC opened a new branch in Chenkalady and relocated Ambalantota and Homagama branches, bringing its network to 90 branches across Sri Lanka. The branches will offer products including Gold Loans, Leasing and Fixed Deposits.
Alliance Finance Company PLC will raise Rs.2 billion via 20 million listed Social Bonds of Rs.100 each; Type A: 4-year fixed at 11.15% AER and Type B: 5-year fixed at 11.40% AER. Official opening date is 21 August, subscriptions accepted now.
Samsung Sri Lanka launched 'Samsung Exclusive Easy Pay', an installment program with plans from Rs.3,530/month (3–24 months) and no down payment. The program is offered via partners including John Keells Office Automation/John Keells Holdings, Alliance Finance and Cargills (payment points), and covers the full Galaxy range.
Exel Holdings hosted a Wellness Day at its Nawala showroom showcasing Jaquar luxury bathware (saunas, spas, whirlpools) and highlighted its strategic financial partnership with Alliance Finance.
Dividend · Rs 9.20 · XD Jul 1, 2025
Final dividend of LKR 9.2/share; XD 2025-07-01; record 2025-07-01; payable 2025-07-21; FY 2024/25
Alliance Finance Company PLC plans to raise Rs2 billion by issuing up to 20 million listed, rated, unsecured, redeemable senior social bonds, subject to obtaining necessary approvals.
The SEC, with ADB technical support, released a regulatory framework enabling issuance and trading of Green, Blue, Social and Sustainability‑Linked (GSS+) bonds on the Colombo Stock Exchange, allowing sovereigns and corporates to raise capital for environmental and social projects.
Alliance Finance Company PLC (ALLI.N0000) dual-listed its Rs. 1 billion Green Bond on the Luxembourg Stock Exchange and LGX after its CSE issuance, raising funds to finance renewable energy projects—primarily solar.
DFCC Bank invested Rs. 500 million (half of the Rs. 1 billion issue) in Alliance Finance Company PLC’s Green Bond. The A- rated bond is listed on the CSE and LuxSE, with proceeds earmarked for renewable energy projects such as rooftop solar and solar equipment financing.
DFCC Bank invested LKR 500 million (50% of the LKR 1 billion issue) in Alliance Finance Company PLC’s A- rated Green Bond listed on the CSE. The bond proceeds will fund renewable energy projects including rooftop solar and solar equipment financing.
ADB urges Sri Lanka to strengthen its sustainable finance framework and praised CSE and SEC green bond rules, noting DFCC Bank’s Sept 2024 and Alliance Finance’s Feb 2025 green bond issuances were fully subscribed; ADB called for improved disclosure and ESG-aligned instruments.
The 91st Battle of the Saints (the first-ever three-day Joe‑Pete encounter) will be played 3–5 April 2025 at the SSC Grounds, with the 51st One-Day on 26 April; sponsors include Keells (John Keells Holdings), Aitken Spence, HNB, Alliance Finance and Ceylon Cold Stores.
ADB will help Sri Lanka develop and sell thematic and sustainability‑linked bonds and support related regulations and disclosure, building on existing green bond rules and prior issues by DFCC Bank and Alliance Finance.
Alliance Finance Company PLC (ALLI.N0000) listed a Rated, Guaranteed, Senior 3-year Green Bond on the Colombo Stock Exchange — up to 10 million bonds at Rs.100 par — which opened on 17 Feb and was oversubscribed on the opening day. The bell-ringing on 27 Feb marks the first NBFI Green Bond on the CSE, highlighting strong investor demand for sustainable finance.
Alliance Finance Company PLC launched a Listed, Rated, Guaranteed senior redeemable 3-year Green Bond on the CSE—offering up to 10 million bonds at Rs.100 par—which opened on 17 Feb 2025 and was oversubscribed on the opening day.
Alliance Finance Company PLC's Green Bond issuance (launched 17 February) was oversubscribed on opening day and received an A- (stable) rating from Lanka Rating Agency, supporting the company's sustainability financing for renewable energy and other green initiatives.
Dividend · Rs 8.00 · XD Mar 4, 2025
Dividend of LKR 8/share; XD 2025-03-04; record 2025-03-04; payable 2025-03-24; FY 31st March 2025
Alliance Finance Company PLC issued Sri Lanka’s first Green Bond by an NBFI (rated A- by Lanka Rating), guaranteed by Seylan Bank, listed on the CSE and oversubscribed within hours. Proceeds will finance renewable energy, clean transport, energy efficiency and related green projects.
Alliance Finance Company PLC issued a Rs. 1 billion three-year Green Bond at a fixed 10.75% p.a. (effective 11.03%) that was fully subscribed on its opening day. The A- rated bonds are guaranteed by Seylan Bank and proceeds will fund rooftop solar (≈80%) and solar supply-chain financing (≈20%).
University of Colombo's Faculty of Management and Finance formally inaugurated the Doctor of Business Administration (DBA) Colombo Alumni Association, with Alliance Finance Company Non-Independent Non-Executive Dr. Lasantha Wickremesooriya named as president. The association will link academia and industry to drive finance-sector research and collaboration.
Sri Lanka's ASPI rose 1.17% to 17,025.99 as stocks closed up 1.1%, led by gains in HNB, Central Finance, Hayleys, SFCL and LOLC-group names. Turnover was Rs 9.7bn with a net domestic inflow of Rs 565m, while some banks (Sampath, NDB, DFCC) fell.
DFCC Bank issued Sri Lanka's first green bond to fund renewable (solar) projects, and Alliance Finance plans to issue redeemable green bonds to raise Rs. 1 billion; the article notes the need for stronger impact measurement and green finance infrastructure.
Alliance Finance Company PLC's board proposed a Rs. 1 billion three-year green bond issue that has Central Bank approval; the bonds will be listed, rated, guaranteed and senior redeemable, with CSE approval pending and interest rates to be set closer to issuance.
Alliance Finance Company Plc will issue Rs1 billion of listed, rated, guaranteed senior redeemable three-year green bonds (up to 10 million bonds at Rs100 each); interest rates will be decided closer to the issue. The issue has central bank approval and Colombo Stock Exchange approval is pending.
Alliance Finance Company PLC (ALLI.N0000) partnered with Regen Renewables to commission 173 kW of solar power across its branch network, aiming to cut energy costs and reduce carbon emissions.