Company filings and market news from across Sri Lanka's stock market.
Colombo Stock Exchange closed lower as the ASPI fell 0.22% (47.91 pts) to 22,208.58 with turnover Rs1.195bn. Galadari Hotels (GHLL) revised its Galadari Hotel Colombo refurbishment reopening to early Q4 2026; its shares were down 1.84% at Rs16.00.
Dialog Enterprise (Dialog Axiata PLC) has partnered with Prime Lands Residencies PLC to provide high-speed Dialog Fibre connectivity to residents of The Colombo Border development in Peliyagoda. Services include dedicated fibre bandwidth, managed Wi-Fi, IPTV and 24x7 network operations support.
Sri Lanka will enact key reforms within the next 90 days, including changes to the BOI and EDB and tabling the Investment Protection Act and PPP Bills to attract investment and boost exports. The IMF says a clear PPP Act is crucial for governance, while labour reform timing is uncertain.
Senok Trade Combine handed over a fleet of Foton Tunland G7 double-cab vehicles to NEM Construction, with the locally assembled units delivered from Senok’s Western Automobile Assembly in Kurunegala, underscoring support for construction mobility and after-sales services.
Lions International Multiple District 306 is leading Ditwah flood rebuilding, mobilising nearly US$500,000 including a Major Catastrophe Grant from LCIF to repair homes, schools, hospitals and community infrastructure.
Colombo Stock Exchange trended up, with the ASPI rising 0.27% (61.12 pts) to 22,314.64 on turnover of Rs.609.9m, led by capital goods (Rs.241.2m). Lee Hedges announced revised payment terms for its Rs.3.15bn acquisition of Lanka Realty Developments (Rs.1.1bn paid, Rs.2.057bn due within six months plus interest).
President Anura Kumara Dissanayake chaired a meeting to find swift solutions to strengthen Sri Lanka's apparel sector and boost dollar export earnings; discussed measures include plug-and-play factory infrastructure, land/legal reforms, VAT relief proposals, expanded FTAs and a National Single Window due end-July.
Prime Lands has commenced construction of 'Kaloora', Kalutara’s first master-planned gated residential community. The project is being built by the group's construction arm, Prime Constructions, and includes gated amenities and convenient access to Kalutara town and nearby facilities.
Seylan Bank launched 'Seylan Athwela', a concessionary agriculture financing programme offering loans up to LKR 5 million at 5% interest and financing up to 75% of project costs with tenors of up to 3 years (working capital) and 5 years (investment). The scheme funds cultivation (excluding tea/rubber/coconut cultivation), processing/value-addition, machinery, sheds, warehouses, solar projects and working capital to support farmers and agribusinesses.
Sri Lanka urged Belgian and Luxembourg investors to seize opportunities in infrastructure and green energy, pointing to planned PPP and investment protection reforms and competitively priced land. Officials highlighted Port City expansion, shipbuilding, marinas and agricultural processing as priority sectors for partnerships.
John Keells Properties (part of John Keells) unveiled the on-site show apartment for the VIMAN Ja-Ela development, a six-acre project with more than 60% dedicated to green and open space. Visitors can now tour the model home and see planned amenities such as a clubhouse, pool, gym and walking paths.
Hatton National Bank PLC signed an MoU with the Institution of Engineers Sri Lanka on 20 May 2026 to offer IESL’s 25,000+ members customised pre‑approved premium credit cards, pre‑approved personal loans and access to HNB Priority Circle. The package offers concessions and tailored banking for engineering professionals.
Indian High Commissioner Santosh Jha met Sri Lankan business leaders including John Keells Holdings' Krishan Balendra and Hayleys' Dhammika Perera; John Keells-backed Colombo West International Terminal handled over 1 million TEUs in its first year. Sri Lanka's cabinet approved a 2,269.18 million rupee transmission-line tender to a JV including Hayleys Fentons, and talks covered trade, investment and a Rupee-to-Rupee commercial corridor with India.
Prime Lands Residencies PLC has started construction of MON VIE, an ultra-luxury condominium (Ground + 25) in Colombo 05 with prices from LKR 86 million, featuring a floating rooftop restaurant and scheduled for completion in April 2030.
Officials reviewed delayed implementation of 2026 budget projects after Sri Lanka spent only 17.4% (about Rs.240 billion of Rs.1,380 billion) of allocated capital expenditure so far this year. They cited procurement delays, institutional bottlenecks and cyclone-related diversions and urged expedited action to boost year-end spending.
The government remains confident of achieving 5% GDP growth this year and is pursuing a medium-term 7% growth target, citing Q1 growth of 5.1%. Officials say capital expenditure programs will continue as planned and that higher interest rates should only temporarily dampen demand.
India approved monthly exports of 220 metric tonnes of ammonium nitrate to Sri Lanka with immediate effect, after a prior export ban. The supply should relieve local industries dependent on ammonium nitrate, including mining, quarrying and construction.
Prime Residencies has commenced construction of THE GOLF, an ultra-luxury 66-unit residential development on Lake Drive, Colombo 08, with prices from LKR 95,700,000; a significant majority of units have already been reserved.
A Peking University delegation led by Prof. Wang Weijia held high-level meetings in Colombo to explore deeper Sri Lanka–China cooperation, prioritizing trade and FDI in logistics, energy, tourism and Port City Colombo and potential areas like high‑tech manufacturing and pharmaceuticals.
Dividend · Rs 1.00 · XD Jun 26, 2026
Final dividend of LKR 1/share; XD 2026-06-26; record 2026-06-29; payable 2026-07-16; FY ended 31st March 2026
Sri Lanka will stick to a 5% growth target despite the Central Bank's 100bp policy rate hike to 8.75% and falling consumption; Q1 GDP expanded 5.1%. The rate rise, 27% private credit growth and steep fuel price increases are cited as headwinds, while the IMF has cut its growth forecast to 3%.
Prime and Melwa acquired a third Marina District land parcel in Port City Colombo, bringing their combined holding to about 16 acres and becoming the largest property investor in Port City. The parcel will be developed as a mixed-use project in the Marina District, a limited (≈1%) waterfront area slated for early completion.
The Presidential Task Force chaired by Tourism Minister Vijitha Herath reviewed major tourism initiatives, including the proposed Southern Mist Corridor across Galle, Matara and Ratnapura and a 10-year Maritime Tourism Corridor with phased ferry services starting from Jaffna. The meeting also covered film-tourism facilitation, skydiving development at Koggala, whale-watching rules and visa/security measures.
Prime and Melwa acquired a third Marina Area land parcel in Port City Colombo, bringing their combined holding to about 16 acres and making them the largest property investor in Port City. The parcel will be developed as a mixed-use project in the Marina District, a highly limited waterfront area due for completion within five years.
Pavithran Thurairatnam (University of Moratuwa) won an Honorary Mention in the Architectural category at the AYDA International Awards 2025/2026 in Bangkok for his project "In-between Presence and Absence", which explores reclaiming communal memory after destruction.
Royal Ceramics Lanka (RCL.N0000) hosted Imperium 2026 sales kick-off and awards on 6 June, celebrating sales milestones and outlining future growth strategies and product innovations.
Sri Lanka's cabinet approved obtaining $200 million from the Asian Development Bank for a Post Ditwah Cyclone Renovation and Livelihood Assistance Project to fund infrastructure reconstruction and livelihood support. The financing is split $100m from ADB permanent capital and $100m from concessionary resources and targets highways, irrigation and livelihoods; a separate $100m ADB loan top-up was also approved.
Alumex PLC has installed a new 20 MN, 7-inch aluminium extrusion line at its Sapugaskanda plant, expected to exceed 1,000 kg/hour and monthly output over 2,000 tonnes. The Industry 4.0 line includes AI/IoT production controls and is projected to cut energy use 30–40%, boosting yield and export capability.