Company filings and market news from across Sri Lanka's stock market.
Maharaja Foods PLC appointed Imran Furkan as chairman and added Gimhan Sawinda Rajapaksha Dissanayake as an independent non-executive director. Former chairman Guganathan Vijayananth becomes an executive non-independent director focusing on retail expansion while Vithyanath Guganathan remains managing director.
Maharaja Foods PLC appointed Imran Furkan as Chairman and Gimhan Sawinda Rajapaksha Dissanayake as an Independent Non‑Executive Director; former Chairman Guganathan Vijayananth becomes Executive Non‑Independent Director focusing on retail expansion. The Board said the changes aim to strengthen governance and support the Group's next phase of growth.
Maharaja Foods (MFPE) appointed Imran Furkan as Chairman and added Gimhan Sawinda Rajapaksha Dissanayake as an Independent Non‑Executive Director. Vijayananth Guganathan moves to Executive Non‑Independent Director to focus on retail expansion while Vithyanath Guganathan remains Managing Director.
Parenthood Global held the Mom Leaders Conference on 21 May 2026 at Cinnamon Life, recognising Top 10 Most Outstanding Mom-Inclusive Workplaces including Ceylon Tobacco Company, Hemas Holdings, DFCC Bank and National Development Bank; sponsors included Maharaja Foods and others.
Colombo market rose for a second session as the ASPI gained 0.22% to 22,436.14 on turnover above Rs.3.1bn, driven by elevated HNW activity with PKME, Dialog and NDB among top contributors; foreigners were net sellers of Rs.333.3m.
Colombo Stock Exchange closed lower as the ASPI fell 0.75% to 22,011.10. Top contributors included John Keells and Lion Brewery on the upside, while Dialog Axiata, Sampath Bank, Ceylon Beverage Holdings and Ceylon Cold Stores led declines; Maharaja Foods opened a new outlet and its shares fell 2.23%.
Maharaja Foods opened a Maharaja Super – SPAR Savemore outlet in Kotahena under a partnership with SPAR Sri Lanka and plans four new Colombo outlets. The company raised LKR 112.5 million via a 1-for-10 rights issue of 12.5 million shares at LKR 9.
Maharaja Foods PLC listed 12,500,000 new ordinary voting shares on the CSE after a 10-for-1 rights issue at Rs.9, raising Rs.112.5 million. As of end-December 2025 the company reported stated capital of Rs.170.5m, retained earnings of Rs.107.5m, total assets of Rs.689m, net assets per share of Rs.2.30 and borrowings of about Rs.310m.
Maharaja Foods (MFPE.N0000) listed 12,500,000 new ordinary voting shares after a rights issue that raised Rs112,500,000. The stock was trading down 80 cents at Rs12.50.
Maharaja Foods PLC's Rs.112.5 million 1-for-10 rights issue was oversubscribed, receiving total subscriptions of 24,723,629 shares. Proceeds will fund a SPAR–Maharaja SaveMore outlet, Rs.50m to settle loans with Hatton National Bank and a Rs.15m ready-meal product launch.
Rights issue · 1:10 at Rs 9.00 · XD Feb 2, 2026
Rights issue · 1:10 at Rs 9.00 · XD Feb 2, 2026
Rights issue · 1:10 at Rs 9.00 · XD Feb 2, 2026
Maharaja Foods PLC: Dr. T. Senthilverl sold 10 million shares at Rs.13 to exit his holding, and Yaden Capital has acquired a 10% stake. Senthilverl held 12.676 million shares (10.14%) as at 30 Sept 2025 and was the second-largest shareholder.
Sri Lanka's ASPI fell 0.17% to 22,292.57 (down 37.12 points) with turnover of 2.3 billion rupees. Yaden raised its stake in Maharaja Foods to 10.04%; HNB will list debentures offering 10.25% and 11% on Dec 19; HDFC appointed K B Wijeyratne as chairman pro-tem; United Motors set a 10-for-1 share split date; JKH, CTC, BUKI and DFCC were top gainers.
Colombo market closed flat as the ASPI slipped 0.02% to 22,329.69 with turnover of Rs. 3.32 billion; top negatives were Commercial Bank, DFCC, Richard Pieris, Bukit Darah and John Keells while Carson Cumberbatch, Browns Investments and LOLC Finance provided support.
Maharaja Foods (MFPE) plans to raise Rs.112.5m via a 1-for-10 rights issue at Rs.9 per share to fund a SPAR–Maharaja SaveMore outlet (Rs.47.5m), repay Rs.50m of HNB loans, and launch a ready-made rice and curry product line; subject to approvals.
Hayleys bought a 40% stake in Harischandra Mills, a deal that added Rs2.58bn to turnover and sent Harischandra shares up 50% to Rs7,424.50. Maharaja Foods declared a 10 cent dividend and plans a rights issue to raise Rs112.5mn, while Kotagala Plantations said its rights issue was oversubscribed (Rs76.42mn).
Maharaja Foods (MFPE) plans a 1-for-10 rights issue of 12.5m shares at Rs9 to raise Rs112.5mn to fund a SPAR–Maharaja SaveMore outlet, repay Rs50mn of HNB short-term loans/overdrafts, and finance a new ready-made rice/curry product line.
Rights issue · 1:10 at Rs 9.00 · XD Feb 2, 2026
Dividend · Rs 0.10 · XD Nov 17, 2025
First And Final dividend of LKR 0.1/share; XD 2025-11-17; record 2025-11-17; payable 2025-12-05; FY 31st March 2025
The Colombo Stock Exchange's ASPI rose 0.26% to 21,282, led by gains in diversified financials, banks and capital goods. Top contributors included Hayleys, LOLC, Browns Investments, DIMO and Ceylon Cold Stores, with turnover Rs6.56bn and a net foreign inflow of Rs61.38m.
Maharaja Foods PLC has signed an MoU with SPAR Sri Lanka to open four new retail outlets in the Colombo region. Development will begin immediately with phased rollouts, and the Board expects the expansion to boost retail presence and contribute positively to shareholder value.
Maharaja Foods PLC (MFPE.N0000) signed an agreement with SPAR Sri Lanka to establish four new retail outlets in the Colombo region, with development to commence immediately and phased rollouts planned.