Colombo, 29 August 2026 – Renuka Hotels PLC (RHL), a prominent player in Sri Lanka’s vibrant hospitality sector, has officially announced its 57th Annual General Meeting (AGM), set to be held as a virtual gathering on 22 September 2026, at 11:30 a.m. The announcement, released on 28 August 2026 via the Colombo Stock Exchange (CSE) portal, outlines a comprehensive agenda addressing the company’s financial performance, corporate governance, and key leadership roles.
Key Agenda Highlights for Shareholders
The upcoming Renuka Hotels PLC AGM will cover several crucial resolutions, offering shareholders insights into the company’s operations and future direction. The detailed agenda includes:
- Financial Review and Adoption: Shareholders will be presented with the Report of the Directors and the Audited Statement of Accounts for the financial year ended 31 March 2026, along with the Auditor’s Report, for reception and adoption.
- Dividend Declaration: A significant point of interest for investors will be the proposal to declare a dividend, reflecting the company’s performance over the past year.
- Authorisation for Donations: The Board of Directors will seek authorisation to determine and make donations.
- Director Re-appointments and Re-election:
- Mr. R. B. Thambiayah and Ms. N. A. Thambiayah, both over 70 years of age, are proposed for re-appointment as Directors. These re-appointments will follow specific Ordinary Resolutions in compliance with Sections 210 and 211 of the Companies Act No. 7 of 2007, declaring that the age limit shall not apply to them.
- Mr. P. M. B. Fernando is proposed for re-election as a Director, retiring by rotation in accordance with the company’s Articles of Association.
- Auditor Re-appointment: M/s BDO Partners, Chartered Accountants, are proposed for re-appointment as the Company’s Auditors, with the Directors authorised to determine their remuneration.
Virtual Meeting Logistics and Proxy Information
In line with modern corporate practices, the 57th Annual General Meeting of Renuka Hotels PLC will be conducted entirely as a virtual meeting, utilizing a digital platform to ensure accessibility and convenience for shareholders. This format allows participants to engage with the proceedings remotely.
Shareholders who are unable to attend the virtual meeting are entitled to appoint a proxy to attend and vote on their behalf. The appointed proxy need not be a member of the company. To ensure validity, the completed Form of Proxy must be deposited at the Registered Office of Renuka Hotels PLC, located at 328, Galle Road, Colombo 3, not less than forty-eight (48) hours before the time appointed for the holding of the meeting (i.e., by 11:30 a.m. on 20 September 2026).
This upcoming AGM is a crucial event for Renuka Hotels PLC, providing a platform for shareholders to review the company’s financial health, endorse strategic decisions, and shape its leadership for the coming year within Sri Lanka’s competitive hospitality landscape.
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