Company filings and market news from across Sri Lanka's stock market.
A seminar on Beneficial Ownership compliance will be held on 22 July 2026 at The Kingsbury, Colombo to provide guidance on BO filings under the Companies Act No. 12 of 2025 and CBSL Direction 2 of 2026, highlighting the statutory BO filing deadline of 30 September 2026 and non-compliance risks.
Amana Takaful PLC closed a rights issue raising over Rs. 1 billion via the allotment of 52.8 million new shares at Rs. 19 each, with the offer 68.8% oversubscribed. Proceeds will support growth, digital initiatives and preparation for SLFRS 17/9, bolstering Tier I capital.
Ex-Pack Corrugated Cartons PLC appointed Hassan Kassim to its board as a Non-Executive, Non-Independent Director. Kassim is Deputy Chairman and Group Director of Aberdeen Holdings and serves as Managing Director of Amana Takaful PLC, bringing cross-sector leadership experience.
Rights issue · 3:14 at Rs 19.00 · XD Apr 17, 2026
Amana Takaful PLC and Amana Takaful Life PLC were named Sri Lanka’s Most Awarded Insurance Company for 2026 by LMD Magazine, marking a third consecutive year of the recognition. The awards notably cited digital excellence and the group's investments in digital capabilities, process improvements and customer-focused solutions.
Rights issue · 3:14 at Rs 19.00 · XD Apr 17, 2026
ASPI fell 1.2% (258.31 pts) for the week and the S&P SL20 dropped 2% (124.30 pts); market turnover was about Rs.1.77bn with net foreign outflows of Rs.68.2m, while breadth was positive and activity was led by capital goods, banks, materials and food & beverage names.
Rights issue · 3:14 at Rs 19.00 · XD Apr 17, 2026
Amana Takaful PLC relaunched a unified mobile app combining Life and General insurance services, serving over 18,000 users. The app adds improved performance and features including instant claims intimation, real-time tracking, premium payments, digital e-cards, life fund management, telemedicine and wellness tools.
Rights issue · 3:14 at Rs 19.00 · XD Apr 17, 2026
Amana Takaful PLC is converting 43,025,354 debentures into ordinary voting shares at a conversion price of Rs.4.50. Its share was trading up 3.77% at Rs.24.80.
Amana Takaful PLC converted 43,025,354 convertible debentures into an equal number of ordinary voting shares at Rs.4.50 each, representing approximately Rs.193.6 million and 64.53% of outstanding debentures. The conversion follows CSE approval (letter dated 16 Dec 2020); NAV per share was Rs.23.45 at end-September 2025.
Senthilverl Holdings sold its remaining stake in Amana Takaful PLC for Rs. 1 billion. The market traded 51.5 million Amana Takaful shares (Rs. 1.4 billion), including 40 million at Rs. 27, and the stock closed at Rs. 29, up 7.4%.
ASPI closed up 0.27% (62.41 pts) to 22,839.53 as HNW-led buying and large crossings in ATL, JKH and DOCK supported the recovery. Turnover was Rs.7.78bn with a net foreign outflow of Rs.857m; capital goods, insurance and retailing led activity.
Amana Takaful PLC won four Gold awards at the 14th SLIBFI Awards 2025, including Takaful Entity of the Year and Islamic Finance Entity of the Year. The company also won Gold for its Telemedicine marketing campaign and a Gold for its Shariah Department Senior Manager Nawaz Badurdeen as Islamic Banker/Employee of the Year.
Amana Takaful (Amana Takaful PLC) held its Annual Awards 2024, honoring top-performing staff and naming Enterprise Team Assistant Sales Manager Charith Korala as Champion of Champions; winners received trophies, cash prizes and foreign tours.
The Insurance Association of Sri Lanka appointed its 2025/26 office bearers at the AGM, naming HNB Assurance CEO Lasitha Wimalaratne as President. Amana Takaful CEO S. Karthigun was appointed Secretary, while Softlogic Life's Roshan Peiris and LOLC's Dinusha Thilanka were named to IASL subcommittee leadership roles.
Amana Takaful PLC won 49 local and international awards in 2024, ranking among Sri Lanka's Top 3 Most Awarded Entities and entering the LMD Hall of Fame Top 50. The company received digital accolades (Mobile App of the Year; IFFSA Silver), upgraded its app for real-time claims tracking, and offers telemedicine and life-product innovations.
Amana Takaful PLC has partnered with BIMA Lanka to offer policyholders 24/7 unlimited telemedicine phone consultations and cashless OPD services nationwide.
Commercial High Court (Colombo) ruled in favour of Rice Lanka Processing Ltd, finding that an Amana Takaful PLC cover note provided valid interim insurance for two flood claims totalling Rs. 66,006,338. The decision affirms cover notes are legally binding and raises insurer liability in similar cases.
LOLC Life reported 56% cumulative GWP growth to Q3 2024 and LOLC General Insurance posted 12% cumulative GWP growth, boosted by digital platforms, the new Health Maxx product and a LOLC Takaful offering; both are subsidiaries of LOLC Holdings.
Amana Takaful PLC and Amana Takaful Life PLC launched their inaugural 'Executive Edge' forum in Colombo to mark the group's 25-year legacy and convene financial-sector leaders to discuss shifting consumer behaviour and the future of finance.
Amana Takaful launched its inaugural 'Executive Edge' forum in Colombo to mark its 25-year legacy, convening financial services leaders to discuss shifting consumer behaviour and the impact of technology and evolving regulations on the sector.