Colombo, Sri Lanka – 26 August 2026 – SERENDIB HOTELS PLC (CSE: SHOT) has announced that its Fifty-Eighth Annual General Meeting (AGM) will be held virtually on Wednesday, 23rd September 2026, at 11:00 a.m. The announcement, made on 25th August 2026, details the procedures for shareholder participation in line with guidelines issued by the Colombo Stock Exchange (CSE).
The upcoming AGM is a crucial event for shareholders, allowing them to engage with the company’s leadership and review its performance for the financial year ended 31st March 2026. While the Board of Directors and key officials will be present physically at the company’s registered office at No: 100/1, Sri Jayawardenapura Mawatha, Rajagiriya, all shareholders will participate online, ensuring accessibility and safety.
Seamless Virtual Participation for Shareholders
SERENDIB HOTELS PLC has outlined a streamlined process for shareholders and proxy holders to participate in the virtual AGM:
- Registration: Shareholders intending to participate online must submit the duly completed Registration Form (Annexure I) to corporateservices@lolc.com. The email subject should be titled “REGISTRATION FORM FOR SERENDIB AGM 2026”. This form must be submitted at least 48 hours before the meeting to receive login information.
- Proxy Appointments: Shareholders may appoint a member of the Board of Directors or any other person as their proxy. The Form of Proxy, enclosed with the Notice of Meeting, should be completed and delivered, posted, emailed to corporateservices@lolc.com (subject: “SERENDIB AGM PROXY”), or sent by facsimile to +94 112865602. The deadline for submitting valid proxies is 11:00 a.m. on 21st September 2026.
- Questions and Comments: To facilitate comprehensive responses, shareholders are encouraged to send their questions or comments on the agenda items in advance. Submissions can be made via email to corporateservices@lolc.com, facsimile (+94 112865602), or post to the Secretaries (LOLC Corporate Services (Pvt) Ltd, 100/1, Sri Jayawardenapura Mawatha, Rajagiriya) at least two days before the meeting.
- Voting: Procedures for voting on resolutions will be clearly explained during the virtual meeting.
Accessing the Annual Report 2025/2026
The Annual Report for SERENDIB HOTELS PLC for the financial year 2025/2026 is readily available for shareholders through multiple convenient channels:
- The Corporate Website: https://www.brownshotels.com/investor-relations/
- The Colombo Stock Exchange (CSE) website: https://www.cse.lk/company-profile?symbol=SHOT.N0000
- Via a QR Code, accessible through mobile devices, as provided in the circular.
For shareholders who prefer a physical copy, a hard copy of the report can be requested by filling out the Form of Request (Annexure II) and sending it to the Company. A printed copy will be dispatched within eight market days from the date of receipt of the request, subject to prevailing circumstances.
Key Agenda Items for the 58th AGM
The Notice of Annual General Meeting outlines several important matters for shareholder consideration and approval:
- Receiving and considering the Directors’ Report and Statement of Accounts for the year ended 31st March 2026, along with the Auditors’ Report thereon.
- Re-election of directors retiring by rotation, including Mrs. K U Amarasinghe, Mr. W D K Jayawardena, Mr. W R Williams, and Independent Director Mr. J Selvaratnam, in terms of the Articles of Association.
- Re-election of Independent Directors Dr. J M Swaminathan and Mr. T Dharmarajah, in terms of Section 210 of the Companies Act No. 7 of 2007.
- Re-appointment of M/s Deloitte Partners as the external auditors for the ensuing year and approving their remuneration.
- Approval for the Directors to make donations in accordance with the Companies Act No. 26 of 1951 (Donations) for the current financial year.
Shareholders are encouraged to review the circular and attached documents carefully to ensure their active participation in this significant corporate event. For any further queries, shareholders may contact Mrs. Dunisha Perera at the Company Secretariat via telephone at +94 11 7248554 or email at DunishaP@lolc.com.
The Board of Directors extends its gratitude to the shareholders for their continued cooperation.
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