Company filings and market news from across Sri Lanka's stock market.
The Colombo Tea Traders' Association held its 132nd AGM on 17 July, re‑electing Lushantha de Silva as chairman and appointing a Board that includes Kelani Valley and Malwatte Valley Plantations. CTTA emphasised value addition, premium branding and sustainable reforms to boost Ceylon Tea exports.
Colombo market fell for an eighth session as ASPI dropped 0.60% (130.78 pts) to 21,697.72 amid renewed Middle East tensions, with turnover over Rs.1.4bn and foreign net outflow of Rs.91.7m. Declines were led by Commercial Bank, Melstacorp, Hayleys and John Keells, while capital goods, food & beverage and banking drove turnover.
Sri Lanka's ASPI fell 0.60% to 21,697.72 as markets slowed amid escalation in the Middle East and global instability. Seylan Bank, Lanka IOC and Malwatte Valley Plantations were among gainers while Commercial Bank, Melstacorp, Lion Brewery and Hayleys led declines; Vidullanka authorised a first gross dividend of Rs0.20 per share to be dispatched by Aug 7, 2026.
Sri Lanka's ASPI fell 0.49% to 21,720.92 midday; HNB Finance listed 381,667,019 new ordinary voting shares and 80,072,222 non‑voting shares from its rights issue. Malwatte Valley Plantations and Seylan Bank were among gainers while Melstacorp was a top decliner.
Available evidence finds Sri Lanka's oil palm (≈10,400 ha, established on degraded/marginal low-country land, not via forest conversion) does not inherently cause greater soil degradation or erosion than tea, rubber or coconut when good management and organic-matter recycling are applied.
Sri Lanka's CSE closed up with the ASPI rising 1.75% to 21,642.95 after US President Trump said he cancelled planned strikes on Iran. Banks led turnover and several banks and blue-chips rose, while Dialog Axiata passed AGM resolutions including a final dividend and its shares closed up.
Colombo Stock Exchange trended up intraday, with the ASPI +0.26% (55.89 pts) to 21,603.06 and the S&P SL20 +0.16% (9.59 pts) to 6,010.27; market turnover was LKR 511.7m, led by capital goods (LKR 32.3m). Top positive contributors included Melstacorp, Hayleys, John Keells and Lanka IOC; Commercial Bank, Malwatte Valley Plantations and Ceylon Cold Stores were top negatives.
Dividend · Rs 0.12 · XD Jun 26, 2026
First And Final dividend of LKR 0.12/share; XD 2026-06-26; record 2026-06-29; payable 2026-07-16; FY ending 31st December 2025
CMA Sri Lanka launched national Cost Accounting Standards to strengthen costing, control and reporting across large and medium public and private institutions; the standards prioritize sectors including power, telecom, manufacturing, drugs and agricultural/tea exporters to improve efficiency, pricing transparency and competitiveness.
Colombo Stock Exchange was slightly higher midday Thursday — ASPI +0.04% (22,930) and S&P SL20 +0.11% (6,276). Top gainers included John Keells, Alumex, RIL Property and Lion Brewery while Sampath, Vallibel One, Hayleys and Malwatte fell; NDB reported a High Court order in a derivative action and Harischandra appointed four board members.
Colombo Stock Exchange ASPI fell 0.37% to 22,552.24 midday, with plantations (Watawala, Sunshine, Namunukula among others) leading gains while John Keells, Sampath and Commercial Bank weighed on the index. Market turnover was Rs2bn; Abans Finance completed a debenture issue to raise Rs1.33bn.
Watawala Plantations and regional plantation companies are preparing to expand palm oil cultivation if the seven-year ban is lifted after a Plantations Ministry expert committee found no basis for the environmental or health concerns. Industry says private investors had committed about Rs.500m to expand 8,000 ha before the ban.
The Planters’ Association urged a sustainable electricity tariff framework as the CEB has proposed a 13.6% tariff hike for Q2 2026, warning it would raise production costs for tea and rubber processors and hurt export competitiveness. Plantation companies (eg. Talawakelle) are increasingly investing in solar, mini‑hydro and efficiency measures to reduce grid dependence.
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.
Horana Plantations PLC (part of Hayleys) launched T-SHADE, a Verra-registered shade-tree carbon credit pilot that has restored 55 hectares and planted 7,094 shade trees and aims to scale to 100,000 hectares over a 40-year crediting period.
The Planters’ Association is urging the government to lift the April 2021 ban on oil palm cultivation, saying Sri Lanka has spent over $175m on edible oil imports since 2021 and that sector investments exceeding Rs.23bn were stranded by the ban.
The Planters’ Association says Sri Lanka’s April 2021 ban on oil palm cultivation has forced plantation firms (including Watawala, Namunukula, Elpitiya and Malwatte Valley) into write-offs and contributed to over US$175m in edible oil import costs since 2021.
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.
Malwatte Valley Plantations' Uva Highlands Estate achieved an all-time record price of Rs. 3,700 per kg for BOP grade tea at the Forbes & Walker auctions held on 4–5 August. The estate in Uva district, managed by Malwatte Valley Plantations, is ISO 22000/HACCP and Rainforest Alliance certified.
Dividend · Rs 0.20 · XD Jun 26, 2025
First And Final dividend of LKR 0.2/share; XD 2025-06-26; record 2025-06-26; payable 2025-07-16; FY 2024
Sri Lanka's ASPI fell 0.28% to 15,538.64 after a 90-day pause on US "Liberation day" tariffs sparked market uncertainty and softer volumes. Banks led losses and top negative contributors included Sampath, NDB and Malwatte (down 11.4%), while CIC and Alumex saw small gains.
ASPI fell 1.84% (297 pts) to 15,870, turning YTD performance to -0.47%, with the banking sector leading losses and DFCC, HNB, SAMP, COMB and CINS the top detractors. Turnover rose to Rs.2.4 billion, with banking accounting for 41% of turnover.
Malwatte Valley Plantations' Sarnia Estate produces over 1 million kg of made tea annually and has invested in certifications, renewable energy, mechanised harvesting and avocado diversification to address labour shortages and sustain premium tea output.
Colombo market closed the week higher as ASPI and S&P SL20 rose about 2% (ASPI 16,937, +358 pts) with turnover Rs.5 billion, led by banks, capital goods and food & beverage stocks ahead of the 2025 Budget.
The Export Development Board hosted a networking and knowledge-sharing session for 50 women entrepreneurs under its Women Entrepreneurship Development Program; Malwatte Valley Plantations PLC Executive Director Christopher Fernando participated as a speaker.
Horana Plantations PLC (HOPL.N0000) became the first Sri Lankan company to develop an EU Deforestation Regulation (EUDR)-compliant management system, third-party verified by Preferred by Nature. The certification and HPL's knowledge-sharing aim to improve EU market access and industry preparedness.
Colombo market fell for the week as the ASPI lost 1.2% and the S&P SL20 lost 1.4% amid election concerns; notable declines included PABC (-11.4%), HAYL (-3.8%), JKH (-2.6%), CCS (-2.5%) and NDB (-2.2%).