Lanka Ventures Plc news & filings

LVL Energy Fund PLC to raise up to Rs. 507.1 million via a rights issue of up to 67,619,394 shares at Rs. 7.50 to repay outstanding debt. Lanka Ventures PLC holds a 52.48% stake; the issue is subject to CSE and shareholder approval.

Kusal Jayawardana has been appointed Chairman of Lanka Ventures PLC and LVL Energy Fund PLC. He brings over 27 years of investment banking and sustainable finance experience, including work on green and social bonds, which the companies say should strengthen leadership and support growth in their energy portfolios.

Kusal Jayawardana has been appointed Chairman of Lanka Ventures PLC and LVL Energy Fund PLC. He brings over 27 years of experience in investment banking and sustainable finance, including senior roles at Alliance Finance and NDB Capital, and is expected to strengthen governance and support growth in venture investments and renewable energy.

Lanka Ventures (LVEN.N0000) and LVL Energy Fund (LVEF.N0000) have appointed private equity veteran Nissanka Weerasekera as an Independent Non-Executive Director.

Lanka Ventures PLC and LVL Energy Fund PLC have appointed HNB COO Sanjay Wijemanne as a Non-Independent Non-Executive Director.