COLOMBO, Sri Lanka – 26 August 2026 – Brown & Company PLC (BCL), a prominent diversified conglomerate listed on the Colombo Stock Exchange (CSE), has officially announced the scheduling of its One Hundred and Thirty Fourth Annual General Meeting (AGM). This crucial gathering for shareholders is set to take place on Thursday, 24th September 2026, at 11:00 a.m., adopting an on-line audio-visual format to ensure broad participation and uphold modern corporate governance standards.
Key Agenda Highlights for the 134th AGM
The announcement, made via the Colombo Stock Exchange on August 25, 2026, outlines several significant items for shareholder consideration. The primary objectives for the 134th AGM include:
- Financial Review: Shareholders will have the opportunity to receive and consider the Directors’ Report and the Company’s Statement of Accounts for the Financial Year ended 31st March 2026, alongside the Auditors’ Report thereon. This segment is pivotal for understanding BCL’s financial performance and strategic direction over the past year.
- Board Re-election: Mrs. K.U. Amarasinghe, a Non-Executive Director, is scheduled for re-election. Her re-appointment aligns with the company’s Articles of Association concerning directors who retire by rotation.
- Auditor Re-appointment: M/s. Deloitte Partners, Chartered Accountants, are proposed for re-appointment as the external auditors of Brown & Company PLC for the ensuing financial year. Their remuneration will be determined by the Directors.
- Authorisation for Donations: The meeting will seek approval, in accordance with the Companies (Donations) Act (No. 26 of 1951), for the Directors to make donations as they deem fit for the current financial year and until the next Annual General Meeting.
Online Meeting Details and Proxy Submission
In line with contemporary corporate practices and to facilitate shareholder engagement, the 134th AGM will be conducted as an on-line audio-visual meeting. Arrangements for the virtual meeting platform will be managed from the company’s registered office located at No.100/1, Sri Jayawardenapura Mawatha, Rajagiriya.
Shareholders who may be unable to attend the virtual meeting can exercise their voting rights by appointing a proxy. The official notice, issued by LOLC Corporate Services (Pvt) Ltd, the company secretaries, includes a detailed Form of Proxy outlining specific instructions for completion and submission. It is important to note that a proxy need not be a member of Brown & Company PLC.
Completed proxy forms must be submitted to the ‘Company Secretaries’ not less than 48 hours before the scheduled time of the meeting. Submissions can be made either by posting or hand-delivering to the registered office at Brown and Company PLC, No.34, Sir Mohamed Macan Markar Mawatha, Colombo 03, or by scanning and emailing to corporateservices@lolc.com with the subject line “BCL AGM PROXY”.
This 134th AGM marks a significant event for Brown & Company PLC, providing shareholders with an important opportunity to review the company’s performance, participate in key board re-elections, and approve operational mandates for the upcoming financial year, reinforcing BCL’s commitment to robust corporate governance.
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