Company filings, disclosures and news on Softlogic Finance PLC (CRL), Finance/Rental/Leasing on the Colombo Stock Exchange, tagged by theme and scored for sentiment.
The Colombo ASPI fell 0.6% to 20,817.82, sliding to a six-month low as losers (163) outpaced winners (31) and turnover barely topped Rs.1bn. Top decliners and contributors to the drop included Dialog, Commercial Bank, Overseas Realty, Singer, Tokyo Cement and Ceylinco, while John Keells closed flat.
Softlogic Holdings (SHL) reported a group PBT of Rs. 24m for FY26, its first pre-tax profit since 2019, with revenue up 24.5% to Rs. 129b and EBITDA rising to Rs. 17.8b. The group signed restructuring offers covering about Rs. 59.7b of bank facilities; Softlogic Life raised $15m, Softlogic Finance had lending restrictions lifted, and ODEL Mall Phase I will be funded via pre-sales with no new debt.
Softlogic Finance (CRL.N0000) said its board recommended a rights issue to raise Rs.1 billion by issuing 401,072,162 new shares at Rs.2.50 each (five new shares for every 12 held) to boost Tier 1 capital and expand vehicle financing; the issue is subject to CSE listing approval and shareholder approval.
Softlogic Finance (CRL) plans to raise Rs1.002 billion via a rights issue of 401,072,162 new ordinary voting shares at Rs2.50 each (5 new shares for every 12 existing) to strengthen Tier-1 capital and expand vehicle financing; issue pending regulator and shareholder approval.
Colombo Stock Exchange opened marginally higher: ASPI rose 14.13 points to 21,070.39 and the S&P SL20 gained 0.11% to 5,935.33, with turnover of LKR 9.97m. Notable movers included Industrial Asphalts (+16.7%), Prime Lands, Dialog, Haycarb and NDB; SMB Finance and Commercial Bank fell; Softlogic Finance announced a LKR 1.002bn rights issue and Aitken Spence Hotel Holdings proposed up to LKR 5bn debenture issue.
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.
Secondary government bond yields fell across key tenors while buying interest remained strong; a Treasury Bill auction today will offer Rs.80 billion (Rs.35bn 91-day, Rs.25bn 182-day, Rs.20bn 364-day). Money-market liquidity stayed in a Rs.138.76bn surplus and the Central Bank conducted repos to absorb liquidity.
A seminar on changes to Sri Lanka's AML/CFT regime will be held on 20 Aug to examine three amendments passed on 9 July 2026 strengthening anti-money laundering and counter-terrorist financing laws. The event targets compliance officers of banks and financial institutions and will cover practical and regulatory implications.
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