Company filings and market news from across Sri Lanka's stock market.
Colombo Stock Exchange slid, ASPI down 1.68% (366.31 points) to 21,377.82 at midday. Vallibel One released its annual report showing profit of 13,164,778 rupees (prev. 11,760,829) and its shares were trading down 0.41% at Rs.96.00.
Fitch published a National Long-Term Rating of 'A(lka)' on WindForce PLC's proposed senior unsecured redeemable debentures of up to LKR4 billion. Fitch cited WindForce's growing scale and PPAs but flagged high capex (~LKR40bn), leverage peaking at 9.0x in FY27 and concentration of cash flows from state-owned offtaker NSO.
Fitch published an 'A(lka)' National Long-Term Rating on WindForce PLC’s proposed senior unsecured redeemable debentures of up to LKR4 billion. Fitch cited structural subordination from secured subsidiary debt and significant capex—forecasting EBITDA net leverage to peak at 9.0x in FY27—while assigning a Stable outlook.
Fitch has affirmed WindForce PLC's National Long-Term Rating at 'A+(lka)' with a Stable Outlook. Fitch notes WindForce's planned capex of over LKR40bn, EBITDA net leverage rising to ~6.8x in FY27 before easing to ~4.6x by FY28, and concentration risk from CEB accounting for over 80% of EBIT.
Share split · 1:5 · XD Jan 8, 2026
Resus Energy (HPWR.N0000) will seek shareholder approval to split each ordinary share into five, increasing shares from 86,184,827 to 430,924,135; stated capital remains Rs 967,483,260 and the subdivision is pending regulatory approval. The stock was trading up Rs 4.80 at Rs 50.80.
Share split · 1:5 · XD Jan 8, 2026
Split issue
Energy Minister Kumara Jayakody warned that lobbying for higher feed-in tariffs would raise consumer bills, noting solar prices paid to new producers have fallen from 37 → 27 → 24 → 18 rupees. He cited 30% cheaper panels, a stronger rupee, competitive low bids (e.g. Vidullanka ~3.77 USc/kWh) and additional grid/BESS costs.
Fitch assigned Hayleys Fentons Limited a National Long-Term Rating of A+(lka) with a Stable Outlook, citing its leading domestic rooftop solar market share that drove FY25 cash flow. Fitch noted a one‑notch uplift from parent Hayleys PLC and flagged execution and CEB offtaker risks for planned power projects.
Fitch assigned Hayleys Fentons Ltd a National Long-Term Rating of A+(lka) (Stable), citing market-leading rooftop solar sales, planned 149MW of generation projects and a one-notch uplift for support from parent Hayleys PLC.
Brantel Lanka Ltd. has increased its stake in Resus Energy PLC to 10% after buying over 5 million shares at Rs.42–42.10 each for about Rs.214 million. Resus reported net asset value per share of Rs.29.92 in the June 2025 quarter; major shareholders include Trydan Partners (32.54%) and ACL Cables (32.53%).
Brantel Lanka increased its stake in Resus Energy PLC (HPWR.N0000) to just over 10%, buying 5,060,305 shares at 42–42.10 rupees and bringing total holdings to 8,620,385 shares (10%). The stock was trading up 0.50 rupees at 43.90.
ASPI fell 0.6% (128 pts) to 20,642 on turnover of Rs.6.5bn, led by Prime Lands Residencies (Rs.1.9bn), Chevron Lubricants and Sierra Cables; banks and blue-chip names including HNB, JKH and DFCC were top negative contributors.
Dividend · Rs 0.75 · XD Aug 19, 2025
First Interim dividend of LKR 0.75/share; XD 2025-08-19; record 2025-08-19; payable 2025-09-08; FY 31.03.2026
Vidullanka PLC launched the Colombo Stock Exchange's first-ever listed Sukuk. The asset-backed, Shariah-compliant instrument creates a new financing route for renewable energy and infrastructure projects that could benefit other listed power companies.
Resus Energy PLC (HPWR.N0000) launched a Rs. 1 billion Green Bond—offering 11.55% (4 yrs) and 11.75% (5 yrs)—to fund new solar projects and refinance debt, with over 55% of proceeds to build 8 MW expected to add 15 GWh/year and cut ~10,000 tCO₂ annually. NDB is manager to the issue.
Resus Energy (HPWR.N0000) will raise Rs1 billion via a listed green bond issue to fund new renewable projects and refinance debt, offering 4‑yr bonds at 11.55% and 5‑yr bonds at 11.75%. About 55% of proceeds will finance 8 MW of solar (≈15 GWh/year) and Fitch rated the issue A-(lka).
Resus Energy PLC is issuing up to Rs.1 billion of listed senior unsecured Green Bonds (issue opens 25 June 2025) to fund renewable projects, allocating over 55% to finance 8 MW of solar capacity. The two tranches offer 4‑yr at 11.55% and 5‑yr at 11.75% and carry a Fitch A-(Ika) rating.
Resus Energy PLC will raise Rs.1 billion by issuing up to 10 million listed Green Bonds (4-year at 11.55% p.a. and 5-year at 11.75% p.a.). The company also connected a 5.0MW solar PV plant, expected to generate about 10 GWh annually.
Resus Energy PLC (HPWR.N0000) connected a 5.0 MW ground-mounted solar PV plant in Damana to the national grid, built at a cost of over Rs. 750 million and expected to generate about 10 GWh annually. The addition increases the company's supplied solar capacity to 15 MW and brings its total utility-scale capacity to 30 MW (c.75 GWh pa).
Fitch assigned Resus Energy PLC's proposed senior unsecured green bonds of up to LKR1 billion a National Long-Term Rating of 'A-(lka)'; proceeds will be used to settle maturing debt, refinance long-term debt and invest in three solar projects.
ACCA Sustainability Reporting Awards 2024 named Hayleys PLC overall winner and Commercial Bank of Ceylon PLC overall runner-up. Listed firms recognised in sector categories included Talawakelle Tea Estates, Horana Plantations, Ceylon Cold Stores, Commercial Bank, Sampath Bank, Citizens Development Business Finance, Resus Energy, Hayleys Fabric, Haycarb, Diesel & Motor Engineering, JAT Holdings and Aitken Spence Hotels.
Resus Energy Plc will issue green bonds to raise 1 billion rupees, subject to regulatory approvals. The senior, listed, rated, unsecured redeemable bonds will have interest rates and tenures set later, and Fitch recently upgraded the company's national long-term rating to A-(lka).
Fitch recalibrated Sri Lanka’s national rating scale, upgrading seven non-financial corporates (including Sri Lanka Telecom to AA-(lka), Windforce to A+(lka) and Resus Energy to A-(lka)) and revising Bogawantalawa Tea Estates to BBB+(lka).
Resus Energy founder and MD Kishan Nanayakkara was named to the 2024 APAC “50 Leading Lights” list. Resus Energy (CSE-listed) operates eight small hydropower and two solar PV stations, dispatches over 70GWh annually and has a third solar PV under construction.
Resus Energy Plc (HPWR.N0000) founder and MD Kishan Nanayakkara was named to the 2024 APAC '50 Leading Lights' list; Resus operates eight small hydropower and two solar PV stations, dispatching over 70 GWh annually and has a third solar PV station under construction.