Colombo, Sri Lanka – 31 August 2026 – Cargo Boat Development Company PLC (CBD PLC) has officially announced that its 46th Annual General Meeting (AGM) will be held virtually on Tuesday, 22 September 2026, at 11:00 a.m. The announcement, made via a circular to shareholders dated 28 August 2026, outlines the procedures for participation and the key resolutions to be addressed.
The decision to conduct a virtual AGM aligns with current best practices and guidelines issued by the Colombo Stock Exchange (CSE), ensuring shareholder engagement while prioritizing safety and accessibility. While the Chairman, Board of Directors, key officials, and the Company Secretary will convene in person at the Conference Room, Renuka City Hotel, Colombo 3, shareholders will participate remotely through an audio-visual digital platform.
Accessing the Annual Report 2025/2026
In adherence to CSE regulations, the Annual Report for the financial year 2025/26 is now available to shareholders electronically. It can be accessed through two primary channels:
- The Colombo Stock Exchange website: www.cse.lk (via Company Search)
- Cargo Boat Development Company PLC’s corporate website: www.cbd.lk
Shareholders who prefer a physical copy of the Annual Report may request one by completing the ‘Form of Request’ provided in the circular. This form can be sent to the Head of Finance at 328, Galle Road, Colombo 3, or emailed to am@renukahotel.com. The company has committed to forwarding printed reports within eight market days from the date of receipt of the written request.
Shareholder Participation and Proxy Information
To facilitate online participation, shareholders are required to submit their details by completing the ‘Registration of Shareholder Details for Online Participation’ form. This form should be delivered or mailed to the Company Secretary at 328, Galle Road, Colombo 3, faxed to +94112574137, or emailed to am@renukahotel.com not less than five (5) days before the meeting date. Login information for the virtual meeting will be dispatched to the provided email addresses.
Shareholders unable to attend are encouraged to appoint a Director of the Company as their proxy, indicating their voting preferences on the Form of Proxy. Alternatively, any other individual can be appointed as a proxy, who will also participate virtually. The completed Form of Proxy must be deposited at the company’s Registered Office (328, Galle Road, Colombo 3) not later than forty-eight (48) hours before the appointed time for the meeting.
For any assistance in accessing links or queries pertaining to the AGM, shareholders may contact the Company Secretary, Ms. A. Withana, at 0112573598 during normal office hours (10:00 a.m. to 4:00 p.m.). Queries related to agenda items should also be submitted at least five days prior to the meeting.
Key Resolutions on the Agenda
The 46th AGM will address several crucial matters, including:
- Receiving and adopting the Audited Accounts for the year ended 31st March 2026, along with the Reports of the Directors and Auditors.
- Considering the declaration of a dividend.
- Authorising the Directors to determine and make donations.
- Re-appointing three Directors, Mr. R. B. Thambiayah, Ms. N. A. Thambiayah, and Mr. R. S. Tissanayagam, all of whom are over 70 years of age, in accordance with Sections 210 and 211 of the Companies Act No. 7 of 2007.
- Re-electing Mr. D. C. Fernando, who retires by rotation.
- Re-appointing M/s BDO Partners, Chartered Accountants, as the company’s Auditors and authorising the Directors to determine their remuneration.
Cargo Boat Development Company PLC (PQ222) emphasizes the importance of shareholder participation in these pivotal decisions for the company’s future direction and governance.
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