Company filings, disclosures and news on Balangoda Plantations PLC (BALA), Agricultural Commodities/Milling on the Colombo Stock Exchange.
Dividend · Rs 0.50 · XD Jun 25, 2026
Final dividend of LKR 0.5/share; XD 2026-06-25; record 2026-06-25; payable 2026-07-15; FY FOR FINANCIAL YEAR ENDED 31ST DECEMBER 2025
President Anura Kumara Dissanayake held a special discussion with plantation company representatives on the proposed increase to estate workers' daily wages to align with recent public/private sector salary hikes and discussed implementation; the government pledged support for developing the plantation sector.
President Anura Kumara Disanayake urged plantation companies to raise estate workers' daily wages and said the government will support the industry to implement the increase. Representatives from major planters, including Kahawatte, Malwatte, Kelani Valley, Balangoda, Browns, Kegalle and Kotagala, took part.
Telbedde Estate of Balangoda Plantations (BALA.N0000) and Pedro Estate of Kelani Valley Plantations (KVAL.N0000) secured the second- and third-highest prices at the Ceylon Specialty Estate Tea charity auction in Osaka, fetching JPY 65,000/kg and JPY 55,000/kg respectively.
Balangoda Plantations PLC's Telbedde Estate won the Overall Gold Award at the Ceylon Specialty Estate Tea of the Year 2025, and its OP1 lot fetched ¥65,000/kg (Rs. 133,620/kg) at a charity auction in Osaka. The estate is under the stewardship of Melstacorp PLC, and the recognition is expected to bolster demand for its premium single-estate teas.
Balangoda Plantations' Telbedde Estate (part of Melstacorp) was named a 2025 Outstanding Tea Producer and has posted record auction prices, including a Rs. 2,500/kg BOP1 sale. The 1,121-hectare estate (512 ha under tea) uses sustainable practices and supports about 5,000 residents.
Multiple plantation companies (Agarapatana, Elpitiya, Talawakelle, Hatton, Watawala, Kegalle, Kelani Valley, Maskeliya, Namunukula, Kahawatte and Balangoda) are running scholarship programs supporting hundreds of students; Elpitiya alone funds 100 university and 80 A/L students at a cost exceeding LKR 12.4m.
Dividend · Rs 1.00 · XD Jun 25, 2025
Final dividend of LKR 1/share; XD 2025-06-25; record 2025-06-25; payable 2025-07-15; FY FOR FINANCIAL YEAR ENDED 31ST DECEMBER 2024
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