Colombo, Sri Lanka – 25 August 2026 – Janashakthi PLC (CSE: JINS), a prominent diversified conglomerate, announced yesterday a disclosure concerning dealings in its shares by an Independent, Non-Executive Director. The notification, submitted to the Colombo Stock Exchange (CSE) on 24 August 2026, detailed the disposal of a block of shares by Mr. Saliya Wickramasuriya.
The announcement underscores the company’s adherence to regulatory transparency as mandated by the CSE Listing Rules, providing the market with timely updates on significant insider transactions.
Details of the Share Transaction
According to the official communication sent to the Chief Regulatory Officer of the Colombo Stock Exchange, the transaction involved Mr. Saliya Wickramasuriya, an Independent, Non-Executive Director of Janashakthi PLC. The specifics of the share disposal are as follows:
- Transaction Type: Disposal
- Transaction Date: 21 August 2026
- Quantity of Shares: 18,069 shares
- Price per Share: LKR 11.20
- Notification to the Board: 24 August 2026
This disclosure was made by Janashakthi Corporate Services Limited, acting as the Company Secretaries, on behalf of Janashakthi PLC.
Regulatory Compliance and Market Transparency
The reporting of this transaction is in direct compliance with Section 7.8(c) of the CSE Listing Rules, which mandates that directors and key management personnel disclose their dealings in the company’s shares. Such regulations are vital for maintaining transparency and ensuring fair trading practices within the Sri Lankan capital market.
For investors on the Colombo Stock Exchange, these disclosures provide crucial insights into the activities of a company’s leadership, contributing to informed investment decisions. While the reasons behind individual share transactions are not typically disclosed in such announcements, the regulatory framework ensures that the market is aware of any changes in directors’ holdings.
Janashakthi PLC continues to be a significant player in the Sri Lankan business landscape, with interests spanning various sectors. Adherence to strict corporate governance and disclosure standards remains a cornerstone of its operations, fostering investor confidence in the broader Sri Lankan stock market.
Source: Read original document
