Colombo, Sri Lanka – 28 August 2026
Bogawantalawa Tea Estates PLC (CSE: BOGAW), a prominent entity within Sri Lanka’s esteemed tea industry, has officially announced that its Thirty Third (33rd) Annual General Meeting (AGM) will take place on Wednesday, 30th September 2026, at 10:30 a.m. In alignment with evolving corporate governance standards and to facilitate broader shareholder engagement, the meeting will be conducted entirely through electronic means.
The announcement, made public today by the company, details a comprehensive agenda for the upcoming virtual assembly. Key items include a thorough review of the company’s financial performance, crucial director re-elections, and significant re-appointments, underscoring the strategic decisions set to guide Bogawantalawa Tea Estates PLC in the forthcoming year.
Key Resolutions and Director Re-appointments to Feature at AGM
Shareholders of Bogawantalawa Tea Estates PLC will deliberate on several significant resolutions during the upcoming virtual AGM. The agenda primarily focuses on a thorough review of the company’s performance and strategic leadership decisions essential for its continued growth in the competitive tea sector.
- Annual Report and Financial Statements: The meeting will commence with the reception and consideration of the Board of Directors’ Annual Report and the Audited Statement of Accounts for the financial year ended 31st March 2026, alongside the Report of the Auditors thereon. This provides shareholders with an essential overview of the company’s fiscal health and operational achievements.
- Director Re-elections: In adherence to the Articles of Association, Ms. S. H. Munasinghe and Mr. C. M. O. Haglind, both retiring by rotation, will seek re-election as Directors of the Company. Their re-election will be pivotal in maintaining board continuity and strategic direction.
- Re-appointment of Senior Directors: Two pivotal re-appointments are on the agenda, requiring ordinary resolutions to waive the age limit stipulated by Section 210 of the Companies Act No. 07 of 2007. Shareholders will vote on the re-appointment of Mr. D. J. Ambani, aged 73, and Mr. D. A. de S. Wickramanayake, aged 76. These proposals highlight the company’s intent to retain their extensive experience and leadership acumen on the board.
- Authorisation for Donations: Directors will seek authorisation from shareholders to determine donations for the ensuing year, reflecting the company’s commitment to corporate social responsibility.
- Auditor Re-appointment: Messrs. BDO Partners, Chartered Accountants, are proposed for re-appointment as the Company’s Auditors, with the Directors authorized to determine their remuneration. This ensures ongoing financial oversight and accountability.
Electronic Participation and Proxy Guidelines
While the AGM will primarily be held via electronic means for shareholder participation, the central hub for the meeting will be the Metrocorp Building, 1st Floor, No. 150 A, Nawala Road, Nawala, Nugegoda, Sri Lanka. Bogawantalawa Tea Estates PLC has provided clear guidelines to ensure seamless and secure shareholder participation in this virtual event.
Shareholders intending to participate, either personally or through a proxy, are required to forward a duly completed and signed Registration Form. This form, along with detailed guidelines for electronic registration and participation, is made available to shareholders on both the Company’s official website and the Colombo Stock Exchange (CSE) website. The completed form must be submitted to the Company’s Registrars, Corporate Solutions Unit, Central Depository Systems (Pvt) Limited, or e-mailed to AGM_EGM_Registrars@cds.lk, not later than 48 hours prior to the scheduled meeting time.
Shareholders are also reminded that they are entitled to appoint a Proxy to attend and vote on their behalf. The completed Form of Proxy must be deposited at the Registered Office of the Company, located at Metrocorp Building, 1st Floor, No. 150A, Nawala Road, Nawala, Nugegoda, not less than thirty-six (36) hours before the commencement of the meeting.
This upcoming AGM marks a crucial juncture for Bogawantalawa Tea Estates PLC as it reviews its recent performance and lays out its strategic direction with key leadership appointments for the year ahead, reinforcing its commitment to robust corporate governance and shareholder value.
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