Colombo, Sri Lanka – 26 August 2026 – Dolphin Hotels PLC (CSE: DHPL) has formally announced the schedule for its 45th Annual General Meeting (AGM), set to take place on Wednesday, 23rd September 2026, at 11:30 a.m. The announcement, dated 25 August 2026, confirms that the meeting will be conducted as an on-line audio-visual gathering, with the central meeting platform based at the LOLC Board Room in Rajagiriya.
This virtual format aligns with contemporary corporate practices, ensuring broader participation while maintaining convenience. Shareholders have been issued a comprehensive Notice of Meeting and a Proxy Form, outlining the agenda and procedures for engagement.
Key Agenda for the 45th AGM
The upcoming AGM will address several critical matters concerning the company’s governance and financial performance. Shareholders will be asked to consider and vote on the following key resolutions:
- Financial Review: To receive and approve the Directors’ Report and the Statement of Accounts for the financial year ended 31st March 2026, along with the Auditors’ Report thereon. This is a standard but vital item, providing transparency on the company’s financial health.
- Director Re-elections: The meeting will see several key re-elections to the Board of Directors:
- Mr. W D K Jayawardena, who retires by rotation under Article 90 of the Articles of Association, will be proposed for re-election as a Director.
- Mr. S Furkhan, an Independent Director, also retiring by rotation under Article 90, will be put forward for re-election.
- Dr. J M Swaminathan, an Independent Director, retiring in terms of Section 210 of the Companies Act No. 7 of 2007, will be proposed for re-election.
- Mr. T Dharmarajah, another Independent Director, retiring under Section 210 of the Companies Act No. 7 of 2007, will also be considered for re-election.
- Auditor Re-appointment: Shareholders will vote on the re-appointment of M/s Deloitte Partners Chartered Accountants as the company’s auditors for the ensuing year, with their remuneration to be determined by the Directors.
- Donations Approval: Approval will be sought, in terms of the Companies Act No. 26 of 1951 (Donations), for the Board of Directors to determine and make donations for the current financial year and until the next Annual General Meeting.
Shareholder Participation and Proxy Information
In light of the online format, Dolphin Hotels PLC has emphasized the importance of the Proxy Form to ensure all shareholders can exercise their voting rights. The form allows shareholders to appoint a proxy to represent them at the meeting and cast votes on their behalf.
Instructions for completing and submitting the Proxy Form are explicit:
- Shareholders must legibly fill in their full name and address, sign the provided space, and indicate the date of signature.
- The completed Proxy Form must be returned to the Company Secretaries no less than 48 hours before the scheduled meeting time.
- Submission can be made either by post or hand-delivery to the registered office at 100/1, Sri Jayawardenapura Mawatha, Rajagiriya, or by scanning and emailing it to corporateservices@lolc.com with the subject “DOLPHIN AGM PROXY”.
The 45th AGM of Dolphin Hotels PLC represents a crucial event for its shareholders, offering an opportunity to review the company’s performance, elect its leadership, and contribute to its future direction. The virtual arrangement underscores the company’s commitment to modern corporate governance and accessibility.
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