Colombo, Sri Lanka – 31 August 2026 – Cable Solutions PLC, a prominent player in the Sri Lankan business landscape, has formally announced its Third Annual General Meeting (AGM) for shareholders. The crucial meeting is slated to take place on Wednesday, 30th September 2026, at 9:30 AM at the ACL Cables PLC Auditorium, located at 60, Rodney Street, Colombo 8.
The notice, issued by Nexia Corporate Consultants (Pvt) Ltd, Secretaries to Cable Solutions PLC, outlines a comprehensive agenda designed to address key corporate governance and operational matters for the financial year ended 31st March 2026. This AGM serves as a vital platform for shareholders to review the company’s performance, elect directors, and approve essential resolutions.
Key Resolutions and Agenda Items
Shareholders will be presented with several critical proposals, reflecting the company’s commitment to robust governance and strategic leadership. The agenda includes:
- Annual Report and Financial Statements: The Annual Report of the Directors and the Audited Financial Statements for the year ended 31st March 2026, along with the Auditors’ Report, will be laid before the meeting for approval.
- Director Re-election: Mr. Kusal Jayawardana is proposed for re-election as a Director, retiring by rotation in accordance with Article No. 27 (6) of the Articles of Association.
- New Director Elections: Ms. Rashmini Mather and Ms. Deshini Abeyewardena, who were appointed to the Board since the last AGM, will be proposed for election as Directors under Article No. 27 (2) of the Articles of Association.
- Re-appointment of Senior Director: Mr. Daya Wahalatantiri, having reached 77 years of age, will be proposed for re-appointment as a Director. This re-appointment requires a special resolution under Section 211 of the Companies Act No. 07 of 2007, affirming that the age limit stipulated in Section 210 of the Act shall not apply to him.
- Auditor Re-appointment: M/s. Deloitte Partners Sri Lanka, Chartered Accountants, will be proposed for re-appointment as the company’s auditors, with authorization for the Directors to determine their remuneration for the ensuing year.
- Charitable Donations: A resolution will be presented to authorize the Directors to determine donations for charities for the upcoming year.
Shareholder Participation and Proxy Information
Cable Solutions PLC has emphasized the importance of shareholder participation. Shareholders entitled to attend and vote at the AGM are also entitled to appoint a proxy or proxies to attend and vote on their behalf. A Form of Proxy accompanies the notice, detailing the process for submission. Proxies need not be shareholders of the company.
For attendees, it is mandatory to bring a National Identity Card or any valid form of identification (such as a Driving License or Passport) for verification. Shareholders appointing proxies are also requested to ensure their proxy holders present valid identification with their respective NIC or passport numbers indicated on the proxy form.
Request for Printed Annual Report
Shareholders who prefer a printed version of the Cable Solutions PLC Annual Report for 2025/2026 can request a copy by completing the provided form. The completed request form must be mailed or emailed to info@cablesol.com on or before 10th September 2026.
This AGM represents a crucial event for Cable Solutions PLC and its shareholders, offering transparency and accountability in its corporate operations and strategic direction for the coming financial year. Shareholders are encouraged to review the full notice and participate actively in the meeting.
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