Company filings and market news from across Sri Lanka's stock market.
Sri Lanka Telecom PLC (SLTL.N0000) appointed A.N. Hapugala as a Non-Independent Non-Executive Director and Raghvendra Madhav as an Independent Non-Executive Director. Hapugala is Deputy Secretary to the Treasury with 30+ years in public finance; Madhav has senior consulting and telecom leadership experience.
Sri Lanka Telecom (SLTL) appointed Riyaaz Rasheed as its new CEO. Rasheed has a 34-year career including 29 years in telecommunications with prior roles at Millicom, Etisalat, Hutchison and as Acting CEO/CFO of Robi Axiata.
Sri Lanka Telecom PLC appointed M Riyaaz Rasheed as chief executive officer effective 1 January 2026. Rasheed has about 29 years in telecommunications and has held senior roles at Millicom, Etisalat, Hutchison, Robi Axiata and other operators.
Thirteen labour unions submitted 18 policy-focused proposals for the 2026 Budget calling for labour-law reforms, forensic audits of SOEs (including Sri Lanka Telecom), retention of EPF management at the Central Bank, and a Rs.1 levy-funded social security scheme for gig workers.
Dialog Axiata expanded its 5G trial network to 15 districts nationwide, maintaining the nation's largest 5G trial footprint. The rollout enables thousands to test 5G across urban and rural areas and highlights Dialog's ongoing investment in next-generation connectivity.
Commercial Bank of Ceylon is Gold Sponsor and Official Banking Partner for the Asia Rugby Emirates Sevens Series 2025 Colombo leg on 18–19 Oct 2025. The tournament will be broadcast live and streamed via Dialog TV’s The Papare and SLT Mobitel Peo Sports.
NDB Investment Bank (part of the National Development Bank group) was named Euromoney's Best Investment Bank in Sri Lanka for a 14th consecutive year. NDBIB said it led multiple 2024 transactions including M&A/divestitures, rights issues, debentures and groundwork for Vidullanka's Sukuk and Alliance Finance's green bond.
Sri Lanka Telecom Plc appointed Imantha Wijekoon as interim CEO, taking the role upon current CEO Janaka Abeysinghe's retirement on 6 September. Wijekoon is SLT’s Chief Business Officer – Consumer Business and has over 30 years at the company.
Sri Lanka Telecom Plc (via SLT-SERVICES) signed an MoU with the Department of Public Finance to integrate RainbowPages.lk verified vendor data into the Promise.lk e-GP platform, aiming to improve supplier verification and procurement transparency.
LKNOG9 in Colombo brought together network operators, including Dialog and Sri Lanka Telecom, to discuss 5G deployment, internet resilience and AI for network operations. The event also awarded eleven fellowships and ran workshops for over 100 participants.
Sri Lanka Telecom (SLTL.N0000) received Cabinet approval to pilot a Virtual City Project in Kandy, with phase one to develop virtual representations of 58 tourist sites and phase two to focus on the Temple of the Tooth and 20 more historical sites. The project will be funded from allocations initially earmarked for the Clean Sri Lanka initiative to boost digital tourism and remote visitor engagement.
Brand Finance published Sri Lanka's 100 Most Valuable Brands for 2025, ranking Bank of Ceylon top with a brand value of Rs.57,411m; Commercial Bank, Dialog and People’s Bank follow the top positions. The list covers firms across banking, telecoms, FMCG, healthcare, hospitality and other sectors.
Colombo market extended its rally after the Central Bank held policy rates, with the ASPI up 151.15 pts (0.79%) to 19,243. Turnover was Rs.6.23bn (235.33m shares) while foreigners were net sellers (Rs.99.6m); DFCC, Richard Pieris, NDB, Carson, NTB, JKH, Dockyard, Sunshine and RIL were among top contributors/movers.
Court of Appeal affirmed RTI Commission orders directing Sri Lanka Telecom PLC (SLT) to disclose foreign travel/expenses of COO Priyantha Fernando, legal fees paid from public funds, and interview/selection data for the Cloud Services GM role. The court held that public expenditure on senior officials is not personal information.
Nihal Fonseka has been appointed to the Board of Sri Lanka Telecom (SLTL.N0000) as an Independent Non-Executive Director, filling the vacancy left by Maxis’s V.U. Kumar in June. Fonseka is a veteran banker, former CEO of DFCC Bank and a member of the CBSL Monetary Policy Board.
AICPA & CIMA SHIFT25 Summit will be held tomorrow at Cinnamon Life, bringing together finance and business leaders including speakers from Hayleys, Sri Lanka Telecom and John Keells to discuss digital transformation, the evolving CFO role and sustainability.
NEXT Ventures has launched NEXT Ventures Lanka, a new Colombo hub providing 24/7 BPO support, payroll, technical assistance and R&D for its global fintech operations; guests from Dialog, SLT, Commercial Bank and Sampath Bank attended and signed strategic partnership agreements.
Dialog Axiata PLC has committed $100 million ($81m by DAP, $19m by DBN) to expand mobile and fixed networks in Sri Lanka, focusing on 4G expansion and 5G rollout readiness. The investment was formalised with the BOI and brings Dialog's cumulative Sri Lanka investment to over $3.37 billion.
Dividend · Rs 0.25 · XD Jun 27, 2025
First And Final dividend of LKR 0.25/share; XD 2025-06-27; record 2025-06-29; payable 2025-07-17; FY 31st December 2024
Dividend · Rs 0.25 · XD Jun 27, 2025
First And Final dividend of LKR 0.25/share; XD 2025-06-27; record 2025-06-29; payable 2025-07-17; FY ended 31st December 2024
The ASPI rose 1.87% (about 296 pts) to 16,167 as the Colombo market staged a strong rebound and turnover doubled to Rs.5.18bn. The Banking sector led gains (Hatton, Nations Trust, National Development Bank, Sampath among top contributors) while capital goods and select stocks also saw heavy activity.
EDB held an awareness seminar in Batticaloa on 18 February to promote its New Exporter Development Programme, attracting about 250 entrepreneurs from the Eastern Province. Stakeholders including Sampath Bank, Sri Lanka Telecom and Printcare offered support services and consultations at the event.
EDB held an awareness seminar on the New Exporter Development Programme on 18 Feb 2025 in Batticaloa to support about 250 Eastern Province entrepreneurs to enter export markets. Participating stakeholders included Sampath Bank, Sri Lanka Telecom and Printcare, with focus on fisheries, processed foods, export services and handlooms.