Company filings, disclosures and news on Sathosa Motors PLC (SMOT), Motor Vehicles on the Colombo Stock Exchange, tagged by theme and scored for sentiment.
Sathosa Motors PLC (SMOT.N0000) has been awarded ISO 9001:2015 certification by Bureau Veritas following an audit. The multi-site certification covers import and sales of Isuzu vehicles, genuine spare parts and after-sales services across several branches.
The Ceylon Motor Traders' Association urged policymakers to stop an estimated Rs.40 billion 2025 revenue leakage from a blanket 15% CIF depreciation on used vehicle imports and called for a uniform duty structure and transparent valuation to ensure a level playing field across the automotive industry.
Colombo Stock Exchange fell for a sixth straight session as the ASPI dropped 0.54% to 21,962.30. Turnover exceeded Rs.1.5bn with foreigners net sellers of Rs.185m; major drags included Melstacorp, John Keells, Carson Cumberbatch and CIC Holdings, while Access Engineering and Chevron Lubricants featured among top contributors.
ASPI fell 118.35 points to 21,962.30, slipping below 22,000, while the S&P SL20 dropped 31.55 points to 6,135.50, led by declines in heavyweights such as Dialog Axiata and Melstacorp; banking stocks (NDB, HNB, Sampath) also recorded losses. Market turnover was LKR 1.53 billion, with JKH crossings contributing LKR 264 million.
Colombo Stock Exchange fell, with the ASPI down 0.39% to 21,995.04 and the S&P SL20 down 0.27% to 6,150.33. Top negatives included Melstacorp, John Keells and Carson Cumberbatch while Digital Mobility Solutions, Royal Ceramics and Haycarb were positive; turnover was LKR 1.13 billion.
Colombo market opened down 0.65% as the ASPI fell 146.53 points to 22,263.28 with turnover over Rs.1.7bn and foreign net outflow of Rs.466.1m; Windforce, CIC and Hayleys were main negative contributors while Windforce, Colombo Dockyard and Sathosa Motors led turnover.
Ada Derana·Jun 23, 2026·Promotional / marketingPositive
Seylan Bank PLC has partnered with Sathosa Motors PLC to offer a dedicated leasing facility for ISUZU commercial and passenger vehicles, with 24-hour fast-track approvals, up to seven-year payment terms, competitive interest rates and vehicle discounts (LKR100,000 on trucks; LKR200,000 on double cabs) plus service/spare-parts benefits.