Company filings, disclosures and news on Co-operative Insurance Company PLC (COOP), Multi-Line Insurance on the Colombo Stock Exchange.
The ASPI fell 0.52% (109.98 pts) to 21,023.43, hitting a 23-week low as selling driven by concerns over rising interest rates and sustained crude above $100 pressured the market. Top drags included Melstacorp, Dialog, Hayleys, Ceylon Beverage and RIL while foreigners were net sellers of ~Rs.213m; turnover ~Rs.1.3bn.
Colombo Stock Exchange edged lower as the ASPI slipped 0.07% (down 15.72 pts) to 21,246.41 while the S&P SL20 was flat at 5,976.82. Top movers included Namunukula (+12.37%), Co-operative Insurance (+3.03%) and HNB (+0.20%); Printcare fell 5% after a board-recommended rights issue and Asia Asset Finance listed converted shares.
Co-operative Insurance Company PLC redeemed 1.1 million cumulative redeemable preference shares on 31 August for a total of Rs. 16.61 million (Rs.10 per share), including a 9% p.a. cumulative return; the redeemed shares will be cancelled and stated capital adjusted. The company said the IRCSL confirmed no further regulatory approval was required for the redemption and settlement.
Colombo Stock Exchange opened higher with the ASPI up 0.27% (57.33 pts) at 21,382.97 and the S&P SL20 up 0.42% at 6,008.68, led by gains in John Keells and Dialog. Market turnover was LKR 95.52m; Co-operative Insurance will redeem 1,100,000 preference shares for LKR 16.61m on Aug 31, 2026.
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.
That is the last 30 days. Sign in to read back 24 months.