Colombo, Sri Lanka – 29 August 2026 – Royal Palms Beach Hotels PLC (CSE: RPHL) has announced that its 34th Annual General Meeting (AGM) for the financial year 2025/26 will be held virtually on Wednesday, September 30th, 2026. The decision to conduct the AGM through an online platform, utilizing audio/visual means, aligns with guidelines issued by the Colombo Stock Exchange (CSE) for facilitating shareholder meetings in a digital format.
The announcement, made on August 28th, 2026, includes a supplementary notice to shareholders outlining the detailed instructions for registration and participation at the virtual gathering. This approach underscores the company’s commitment to ensuring shareholder engagement while adhering to best practices for modern corporate governance.
Key Information for Shareholder Participation
In a bid to ensure a smooth and accessible virtual AGM experience, Royal Palms Beach Hotels PLC, through its Secretaries Mercantile Investments and Finance PLC, has provided comprehensive guidance for shareholders wishing to attend. The core objectives are to maintain the integrity of the meeting while allowing broad participation.
- Meeting Format: The AGM will be conducted entirely as a virtual meeting via an online platform. Only essential key officials will be physically present at the designated venue to administer the formalities.
- Registration Process: Shareholders and their duly appointed proxy holders intending to participate virtually must complete and submit the Registration Form (Annexure 1). This form should be forwarded to Mercantile Investments and Finance PLC at 236, Galle Road, Colombo 3, or via email to mercantile@mi.com.lk. The deadline for submission is at least 48 hours before the scheduled time of the meeting.
- Login Information: Upon verification of registration details, adequate arrangements will be made to send login credentials to registered shareholders and proxy holders in advance of the meeting. Participants are advised to join the AGM at least 15 minutes before its commencement, noting that the digital platform will be active 30 minutes prior.
- Shareholder Engagement: The company has committed to providing opportunities for shareholders to raise questions or offer comments on the agenda items. Questions can also be forwarded in advance to the email address mercantile@mi.com.lk.
- Online Voting: Voting on all resolutions listed on the Agenda will be facilitated through the online platform. Shareholders and proxy holders will receive a briefing on the voting procedure before the AGM officially begins.
The Board of Directors expressed gratitude to shareholders for their cooperation and support in ensuring an uninterrupted process for the upcoming Annual General Meeting, encouraging their virtual attendance.
Shareholders are also advised that any further actions, communications, guidelines, directives, or orders from the Government of Sri Lanka concerning the meeting will be communicated via an announcement to the Colombo Stock Exchange and/or published on the Company’s website, www.tangerinehotels.com.
The supplementary notice reaffirms Royal Palms Beach Hotels PLC’s commitment to transparent corporate governance and accessible shareholder engagement in the evolving landscape of digital meetings.
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