Colombo, Sri Lanka – 26 August 2026 – Browns Investments PLC (BIL), a prominent player on the Colombo Stock Exchange, has announced its 18th Annual General Meeting (AGM) will be held virtually on Thursday, September 24, 2026, at 10:00 a.m. The announcement, dated August 25, 2026, and filed with the Colombo Stock Exchange (CSE), outlines comprehensive guidelines for shareholder participation in the online event.
The decision to conduct a virtual AGM aligns with current guidelines issued by the CSE, ensuring shareholder engagement while prioritizing convenience and accessibility. Shareholders are encouraged to review the provided circular for detailed instructions on participation, accessing reports, and exercising their voting rights.
Accessing the Annual Report 2025/26
In line with modern corporate governance and environmental considerations, Browns Investments PLC has made its Annual Report for the financial year 2025/26 readily available through digital channels. Shareholders can access the report via:
- The Company’s corporate website: www.brownsinvestments.com
- The Colombo Stock Exchange portal: www.cse.lk/pages/company-profile/company-profile.component.html?symbol=BIL.N0000
- A dedicated QR Code provided in the circular, accessible via mobile devices.
For shareholders who prefer a physical copy, a printed Annual Report can be requested by completing the Form of Request (Annexure II) attached to the circular. The company will dispatch hard copies within eight market days from the date of request, subject to prevailing circumstances.
Guidelines for Online Participation
Shareholders and proxy holders intending to participate in the virtual AGM must register their intention by submitting a duly completed Registration Form (Annexure I) to corporateservices@lolc.com. The email subject should be titled “REGISTRATION FORM FOR BROWNS INVESTMENTS AGM 2026” and must be sent not less than 48 hours before the meeting. A mandatory email address must be provided to receive the essential weblink for joining the online platform.
Registered participants will receive the weblink directly and will also be provided with contact details for the Company’s IT team, ensuring technical support throughout the virtual meeting.
Proxy Appointments
Shareholders unable to attend the virtual meeting can appoint a proxy to represent them. The Form of Proxy is enclosed with the Notice of Meeting. Shareholders have the option to appoint a member of the Board of Directors or any other individual as their proxy. The completed Form of Proxy must be delivered or posted to LOLC Corporate Services (Private) Limited at 100/1, Sri Jayawardenapura Mawatha, Rajagiriya, or scanned and emailed to corporateservices@lolc.com (with the subject “BIPLC AGM PROXY”), or sent by facsimile to +94 112865602.
The deadline for valid proxy submissions is not later than 48 hours before the meeting, specifically by 10:00 a.m. on September 22, 2026.
Agenda for the 18th AGM
The business to be transacted at the 18th Annual General Meeting includes several key resolutions:
- Receiving and considering the Annual Report and Financial Statements for the year ended March 31, 2026, along with the Auditors’ Report.
- Re-electing Mr. W. D. K. Jayawardena as a Director, who retires by rotation in terms of Article 23(6).
- Re-electing Mr. D. S. K. Amarasekera as a Director, who retires by rotation in terms of Article 23(6).
- Re-appointing M/s Deloitte Partners, Chartered Accountants, as Auditors for the ensuing financial year, with their remuneration to be fixed by the Directors.
- Approving, in terms of the Companies (Donations) Act No. 26 of 1951, the making of donations by the Directors as determined by them for the current financial year and until the next Annual General Meeting.
Voting and Shareholder Engagement
Shareholders and proxy holders are advised to join the AGM at least fifteen minutes before the scheduled start time. Voting on agenda items will be conducted via an online platform, and procedures will be briefed prior to the meeting. All participants speaking at the AGM, whether to vote, seek clarification, or make comments, are required to identify themselves.
To facilitate efficient responses, shareholders may submit questions or comments pertaining to the Notice of AGM in advance. These can be sent via email to corporateservices@lolc.com, facsimile to +94 112865602, or by post to LOLC Corporate Services (Private) Limited, 100/1, Sri Jayawardenapura Mawatha, Rajagiriya, not less than three days before the meeting date. This allows the Company Secretaries to compile and forward queries to the Board for discussion during the AGM.
For any further clarifications, shareholders may contact Ms. Unimali Moderage at the Company Secretariat via telephone at +94 11 7248248 or +94 11 7248512, or email at corporateservices@lolc.com.
Source: Read original document
