Company filings and market news from across Sri Lanka's stock market.
Colombo Stock Exchange ASPI rose 0.40% to 22,218.06 at midday, with market turnover of Rs.1 billion and diversified financials leading turnover at Rs.263 million. Ceylon Tea Brokers said it will not proceed with the sale of DP Logistics and its shares were up 3.39% at Rs.12.20.
Ceylon tea prices fell over two weeks due to buying disruptions from Iran, though High Growns recovered some losses on the second day. Rupee depreciation supported LKR prices and there was demand from markets like Russia and Dubai.
Ceylon Tea Brokers (CTBL.N0000) sold its logistics subsidiary Logicare to D P Logistics for LKR 1.3 billion, with LKR 635.3 million paid as direct consideration and the balance via assumed debt, under a Share Sale and Purchase Agreement signed on 30 Oct 2025.
Ceylon Tea Brokers PLC agreed to sell 100% of Logicare Ltd. to D.P. Logistics for an enterprise value of Rs. 1.3 billion, with Rs. 635.3 million paid as purchase consideration and the buyer assuming remaining borrowings.
Ceylon Tea Brokers has agreed to sell 100% of its logistics subsidiary Logicare to D P Logistics for an enterprise value of Rs.1.3 billion, receiving Rs.635.3Mn in cash while the buyer assumes the remaining borrowings; the SPA was executed on Oct 30, 2025 and completion is subject to conditions.
Ceylon Tea Brokers (CTBL.N0000) has signed a share sale agreement to sell 100% of Logicare to DP Logistics for Rs. 635.3 million (enterprise value Rs. 1.3 billion), marking its full exit from the logistics subsidiary to focus on core tea broking.
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.
Dividend · Rs 0.60 · XD Nov 4, 2025
Final dividend of LKR 0.6/share; XD 2025-11-04; record 2025-11-05; payable 2025-11-24; FY ended 31st March 2025
Ceylon Tea Brokers PLC appointed Waruna de Silva as Managing Director and Dinesh Fernando as Chief Executive Officer effective 31 January 2025. Waruna was CEO since May 2017 and Dinesh has been COO since June 2019; the Board composition was updated accordingly.
CA Sri Lanka hosted the SAFA Best Presented Annual Report Awards 2023 in Colombo, where Sri Lankan firms won 24 awards. Several listed companies — including Commercial Bank, Hayleys, Haycarb, Royal Ceramics, Access Engineering, Kelani Valley, Talawakelle, DIMO, Sri Lanka Telecom, Ceylon Tea Brokers, NDB and L B Finance — received awards or merit recognitions.
Ceylon Tea Brokers (CTBL.N0000) appointed Beshan Kulapala, Amrah Akbar and Mihirini De Zoysa as Independent Non-Executive Directors. Kulapala brings EV and technology experience, Akbar brings healthcare manufacturing and M&A experience, and De Zoysa is an organisational change specialist.
Dividend · Rs 0.44 · XD Sep 3, 2024
Final dividend of LKR 0.44/share; XD 2024-09-03; record 2024-09-03; payable 2024-09-24; FY ended 31st March 2024