Company filings and market news from across Sri Lanka's stock market.
Colombo Stock Exchange midday: ASPI rose 0.56% to 21,306.64, led by gains in Colombo Dockyard, Dialog Axiata, Melstacorp, PGP Glass, Commercial Bank and Kelani Cables while Vidullanka fell. R I L Property disclosed public shareholding is 46.1071% after prior miscalculations.
Sri Lanka's ASPI fell 0.60% to 21,697.72 as markets slowed amid escalation in the Middle East and global instability. Seylan Bank, Lanka IOC and Malwatte Valley Plantations were among gainers while Commercial Bank, Melstacorp, Lion Brewery and Hayleys led declines; Vidullanka authorised a first gross dividend of Rs0.20 per share to be dispatched by Aug 7, 2026.
Dividend · Rs 0.20 · XD Jul 20, 2026
First Interim dividend of LKR 0.2/share; XD 2026-07-20; record 2026-07-21; payable 2026-08-07; FY For the year 2026/2027
Windforce PLC and Vidullanka PLC won the government contract to deploy grid-forming battery storage at 13 substation sites (each BESS 40MWh storage, 10MW discharge) as part of Sri Lanka’s largest BESS programme supporting the 70% renewable target by 2030.
Windforce PLC (WIND.N0000) and Vidullanka PLC (VLL.N0000) won a government tender to deploy grid-forming battery energy storage systems—each BESS 40 MWh storage/10 MW discharge—across 13 substations. The rollout is Sri Lanka's largest BESS program and supports the 70% renewable-by-2030 target.
Colombo stocks recovered after the CBSL hiked policy rates by 100bps, with the ASPI up 0.11% at 22,199.23 and turnover around Rs.1.86bn. DIAL, CCS, BREW, CARS and NDB were top positive contributors; VLL saw net foreign buying while AAIC saw net foreign selling and Food & Beverage led turnover.
Vidullanka PLC will buy a 49% stake in Storex for around 2 billion rupees to acquire a portfolio of 12 CEB‑awarded 10MW/40MWh BESS projects; WindForce holds the remaining 51% and Storex has regulatory approvals and financial closure.
Vidullanka will invest about Rs. 2 billion to acquire a 49% stake in Storex, the vehicle developing 12 CEB‑awarded 10MW/40MWh grid-scale BESS projects; WindForce retains a 51% stake. Storex has secured regulatory approvals and financial closure for the 12 projects.
John Keells Holdings chair Krishan Balendra will lead a 19-member Sri Lankan corporate delegation to Mumbai for the India–Sri Lanka Business Forum on 13 May to engage Indian counterparts on trade, investment and partnerships. Sri Lanka and India have also discussed a proposed $450m post-conflict reconstruction package.
The Ceylon Chamber will lead a senior corporate delegation to Mumbai for the India–Sri Lanka Business Forum on 13 May 2026, with leaders from John Keells, Aitken Spence, Hayleys, Sierra Cables and Vidullanka among participants to engage Indian investors on trade and investment opportunities.
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.
National Development Bank's trading halt was lifted and its shares fell to Rs.115.00 from Rs.130.50 after investors reacted to a reported Rs.13.4 billion fraud. The ASPI was down 0.12% at 21,100.65 and Vidullanka authorised acquiring 100% of the 4.5MW Gurugoda mini-hydro plant.
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.
Vidullanka PLC commissioned the 6MW Madampe solar plant on 21 February, adding about 9.9 GWh/year and bringing its solar segment to 36MW. The company has nearly 80MW of projects in its pipeline — including a 10MW BESS tender win and wind ventures — potentially raising capacity to ~150MW.
WindForce PLC received Letters of Award for twelve standalone BESS projects totalling 120 MW / 480 MWh — Sri Lanka's largest grid-scale standalone BESS programme; eleven projects will be fully owned by WindForce and the Vavunathivu project will be a consortium with Vidullanka PLC.
WindForce PLC received Letters of Award (16 Feb 2026) for twelve standalone BESS projects totalling 120 MW/480 MWh, Sri Lanka's largest grid-scale BESS programme. Eleven projects will be fully owned by WindForce and the Vavunathivu project will be developed in consortium with Vidullanka PLC.
WindForce secured Letters of Award for 12 standalone BESS projects totalling 120 MW/480 MWh with a combined investment of Rs. 20.79 billion under Sri Lanka’s first grid-scale standalone BESS program. Projects are to be developed on a 15-year BOO basis (80:20 debt-to-equity); WindForce will hold 100% in 11 sites and 50% with Vidullanka at Vavunathivu.
WindForce was awarded 12 standalone BESS projects (120 MW / 480 MWh, ~LKR 20.79bn) and Vidullanka secured the 10 MW / 40 MWh Vavunathivu project (~LKR 1.73bn) under CEB's first grid-scale storage programme. Projects are BOO with a 15-year operating period and ~80:20 debt-to-equity financing; WindForce will fully own 11 projects and partner with Vidullanka on Vavunathivu.
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.
FINEXT 2025 career fair at the University of Sri Jayewardenepura linked undergraduates with finance, technology and professional services firms; participating shortlisted companies included UAL.N0000, CALH.N0000, VLL.N0000, WLTH.N0000 and NDB.N0000. A panel on the export-oriented knowledge and professional services sector and onsite interviews provided recruitment and industry insights.