Colombo, 31 August 2026 – CABLE SOLUTIONS PLC has officially announced its Third Annual General Meeting (AGM) for shareholders, scheduled to take place on Wednesday, 30th September 2026, at 9:30 AM. The crucial meeting will be held at the ACL Cables PLC Auditorium, located at 60, Rodney Street, Colombo 8, Sri Lanka, where shareholders will address a comprehensive agenda vital for the company’s governance and future direction.
The announcement, made today, outlines the key resolutions and business to be conducted, emphasizing transparency and shareholder engagement in the company’s decision-making processes. This AGM is a significant event for investors, offering insights into the company’s performance and strategic leadership.
Key Agenda Items for the 2026 AGM
Shareholders will be presented with several critical items for discussion and approval:
- 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 review and adoption.
- 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 Appointments: The meeting will seek to elect Ms. Rashmini Mather and Ms. Deshini Abeyewardena, both appointed as Directors since the last AGM, in terms of Article No. 27 (2) of the Articles of Association. Their election will formally confirm their positions on the Board.
- Re-appointment of Senior Director: A notable resolution pertains to the re-appointment of Mr. Daya Wahalatantiri, who has reached 77 years of age. His re-appointment will be in terms of Section 211 of the Companies Act No. 07 of 2007, requiring a special resolution to bypass the age limit stipulated in Section 210 of the Act.
- Auditor Re-appointment and Remuneration: M/s. Deloitte Partners Sri Lanka, Chartered Accountants, are proposed for re-appointment as the company’s auditors for the ensuing year, with the Directors authorized to determine their remuneration.
- Authorization for Charitable Donations: Directors will seek authorization to determine donations for charities for the upcoming year, reflecting the company’s commitment to corporate social responsibility.
Shareholder Participation and Proxy Information
CABLE SOLUTIONS PLC has also provided detailed instructions for shareholder participation to ensure a smooth and accessible meeting:
- Shareholders entitled to attend and vote may appoint a proxy or proxies to attend and vote on their behalf. A proxy need not be a shareholder of the Company.
- A Form of Proxy accompanies the official notice, requiring shareholders to indicate their voting preference for each resolution.
- Shareholders and their proxy holders are requested to bring a National Identity Card or any valid form of identification (e.g., Driving License, Passport) for verification at the meeting.
- Completed proxy forms must be deposited at the Registered Office of the Company at Ranmuthugala Estate, Ranmuthugala, Kadawatha, Sri Lanka, or emailed to info@cablesol.com, not less than 48 hours before the time appointed for the meeting.
Requesting the Annual Report
Shareholders who wish to receive a printed copy of the 2025/26 Annual Report can submit a request form. The completed form should be mailed to the company’s registered address or emailed to info@cablesol.com on or before 10th September 2026.
This AGM represents a crucial opportunity for shareholders to engage with Cable Solutions PLC’s leadership, review its performance, and influence key decisions regarding its governance structure. The company encourages all eligible shareholders to participate actively either in person or through proxy.
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