Company filings and market news from across Sri Lanka's stock market.
Colombo Stock Exchange closed lower, with the ASPI down 0.38% to 21,148.71 and market turnover of Rs.1.094 billion; capital goods led turnover at Rs.389 million. Bogala Graphite reported an indirect change of control (shares down 2.01%) and Lankem Ceylon disclosed a Rs.500m corporate guarantee for its subsidiary (shares up 5.23%).
Colombo Stock Exchange ASPI rose 1.96% (430.21 pts) to 22,359.85 on Monday, with the S&P SL20 up 1.93%. Top contributors included Dialog Axiata, John Keells, Commercial Bank and Hemas; Ceylon Cold Stores reported Q1 profit up 75% to Rs 3.76bn and LVL Energy Fund's rights issue was oversubscribed.
Acme Printing and Packaging PLC will cut stated capital by Rs. 1.6 billion — reducing stated capital from Rs. 2.26bn to Rs. 665m — to write off accumulated losses and reduce retained losses to about Rs. 9.2m, subject to shareholder approval at an EGM.
Lankem Ceylon PLC has invested Rs. 3 billion to open a 50,000 tpa Single Super Phosphate (SSP) plant 'Mada Raja' via subsidiary Lankem Minerals, targeting up to 80% of Sri Lanka's SSP demand and reduced imports. The locally made SSP supplies phosphorus, sulphur and calcium to address sulphur-deficient soils and support crops including tea, paddy and coconut.
Lankem Ceylon (LCEY.N0000) invested Rs. 3 billion to commission a Single Super Phosphate (SSP) plant with 50,000 mt annual capacity, targeting up to 80% of Sri Lanka's SSP demand. The plant will use Eppawala rock phosphate and source over 30,000 mt annually from Lanka Phosphate to reduce imports and support soil health for crops including tea.
Lankem Ceylon PLC expanded its partnership with Axalta Coating Systems to introduce advanced industrial, marine and powder coating solutions across Sri Lanka. The move targets infrastructure, energy, agriculture, heavy equipment, rail and steel sectors to improve corrosion protection and reduce maintenance needs.
Darley Butler bought 15 million York Arcade shares for Rs.198 million, raising its holding to 15.9m shares (10.6%). Darley Butler is a subsidiary of E.B. Creasy (EBCR); Lankem Ceylon (LCEY) holds a 50.15% controlling stake after buying from Colombo Fort Land & Building (CFLB).
Share split · 1:2 · XD Dec 16, 2025
Lankem Ceylon (LCEY.N0000) acquired a 49.27% stake in York Arcade Holdings (YORK.N0000) from Colombo Fort Land & Building (CFLB.N0000) for Rs. 340.58m (369,495 shares at Rs. 921.75 each). The company said the purchase supports its financial restructuring and consolidates ownership in York Arcade.
Lankem Ceylon PLC (Robbialac) will be the exclusive distributor of Axalta automotive and industrial coatings in Sri Lanka under a new strategic partnership. The agreement gives Robbialac access to Axalta’s premium products, colour‑matching technology, technical training and sustainability-focused coating systems.
Lankem Ceylon PLC's 1:3 rights issue of ~17.1m shares at Rs.70 was oversubscribed, attracting applications worth about Rs.1.36 billion versus the Rs.1.2 billion sought. The allotment is subject to cheque realisation, bank confirmations and verification.
Rights issue · 1:3 at Rs 70.00 · XD Oct 16, 2025
Rights issue · 1:3 at Rs 70.00 · XD Oct 16, 2025
Lankem Ceylon PLC announced its subsidiary J.F. Packaging Ltd. received CSE approval for an IPO to offer 51,724,144 shares at Rs.11.60 each, raising about Rs.600 million; subscription opens 30 October.
J.F. Packaging (JFP.N0000) is preparing for an IPO in 2025 after expanding through acquisitions and vertical integration under MD K.P. David. The company is expanding PET and paper canister capacity, specialty film extrusion, sustainability initiatives and exploring AI-driven quality assurance; Lankem Ceylon (LCEY.N0000) is the parent.
Rights issue · 1:3 at Rs 70.00 · XD Oct 16, 2025
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.
Lankem Ceylon PLC will raise Rs.1.2 billion via a rights issue of 17,156,919 shares at Rs.70 and proposes a 2-for-1 share subdivision, subject to exchange and shareholder approvals. Proceeds are earmarked to settle a related-party due and partly repay bank loans.
Lankem Ceylon will raise Rs1.2bn via a one-for-three rights issue of 17.15m shares at Rs70 each to settle related-party dues and part-repay bank loans. The offer is subject to Colombo Stock Exchange and shareholder approval and could be followed by a 1-for-1 share subdivision if fully subscribed.
Share split · 1:2 · XD Dec 16, 2025
Split issue
Rights issue · 1:3 at Rs 70.00 · XD Oct 16, 2025