Colombo, Sri Lanka – 25 August 2026 – EDEN HOTEL LANKA PLC has announced its 34th Annual General Meeting (AGM), scheduled to be held virtually on Wednesday, 23rd September 2026. A significant item on the agenda for shareholders will be a special resolution proposing an amendment to the company’s Articles of Association, paving the way for the establishment of an “AYUWASA” Ayurveda Treatment Center, signaling a strategic diversification into the burgeoning wellness tourism sector.
Virtual Assembly Scheduled for September
The AGM is set for 10:30 a.m. and will be conducted as an online audio-visual meeting. Arrangements for the online meeting platform will be facilitated at the company’s registered office located at No.100/1, Sri Jayawardenapura Mawatha, Rajagiriya. This virtual format ensures continued accessibility and convenience for shareholders to participate in the company’s governance processes.
Key Resolutions on the Agenda
Shareholders will address several routine but crucial matters, including:
- Receiving and considering the Report of the Directors and Audited Statement of Accounts for the financial year ended 31 March 2026, along with the Report of the Auditors thereon.
- The re-election of Mrs. K U Amarasinghe as a Director, who retires by rotation in terms of Article 86 of the Articles of Association of the Company.
- The re-election of Dr. J M Swaminathan as a Director, who retires in terms of Section 210 of the Companies Act No. 7 of 2007.
- The re-election of Mr. T Dharmarajah as an Independent Director, who retires in terms of Section 210 of the Companies Act No. 7 of 2007.
- The re-appointment of M/s Deloitte Partners as the External Auditors of the Company for the ensuing year, with their remuneration to be agreed upon by the Directors.
- Approval for the Directors to make donations, as determined by them, for the current Financial Year and until the next Annual General Meeting, in accordance with the Companies (Donations) Act No. 26 of 1951.
Strategic Move: Launch of ‘AYUWASA’ Ayurveda Treatment Center
The most noteworthy item on the agenda is a special resolution seeking shareholder approval to amend the Articles of Association. This amendment proposes the addition of a new Article (Article 32) immediately after Article 31, which explicitly grants the company the authority “To establish, operate, and manage an “AYUWASA” Ayurveda Treatment Center.”
The proposed center aims to offer a comprehensive array of traditional Ayurvedic treatments, therapeutic massages, herbal therapies, and related wellness services. This initiative is envisioned as an incidental or ancillary activity to Eden Hotel Lanka PLC’s core business of operating hotels for tourists. Furthermore, the new venture will include the selling of Ayurvedic and wellness products to both hotel guests and other patrons, indicating a holistic approach to integrating wellness into its hospitality offerings. This move positions EDEN HOTEL LANKA PLC to tap into the growing global demand for health and wellness tourism, potentially enhancing its market appeal and revenue streams.
Shareholder Participation and Proxies
Shareholders who are unable to attend the virtual meeting are encouraged to appoint a proxy to represent them and vote on their behalf. The completed Form of Proxy must be returned to the Company Secretaries via post, hand delivery to the registered office, or scanned and emailed to corporateservices@lolc.com with the subject “EDEN AGM PROXY” not less than 48 hours before the time appointed for the holding of the Meeting.
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