Colombo, Sri Lanka – August 31, 2026 – Harischandra Mills PLC (PQ 225), a venerable name in Sri Lankan industry, has announced its 74th Annual General Meeting (AGM) for the year 2026. The pivotal gathering for shareholders is scheduled to take place virtually on Wednesday, September 23, 2026, at 10:00 a.m., utilizing audio-visual communication means to ensure broad participation.
The announcement, made via the Colombo Stock Exchange (CSE), outlines a comprehensive agenda for the upcoming AGM, which will address key financial and operational matters for the period ended March 31, 2026.
Key Resolutions on the Agenda
Shareholders will be invited to deliberate and vote on several crucial resolutions:
- Annual Report and Financial Statements: To receive and consider the Board of Directors’ Annual Report, along with the audited financial statements for the financial year ended March 31, 2026, and the auditors’ report thereon.
- Dividend Approval: A significant highlight for investors is the proposed approval of a final dividend of Sri Lanka Rupees Seventy Three (LKR 73.00) per share. This dividend, declared by the Board, reflects the company’s performance for the last financial year.
- Auditor Re-appointment: The re-appointment of Messrs. KPMG, Chartered Accountants, as the company’s auditors until the next AGM will be put forth, along with the authorization for the Board to determine their remuneration.
- Donations and Contributions: Shareholders will also approve donations and contributions made by the company during the financial year ended March 31, 2026, and authorize future contributions to charities for the ensuing year, in compliance with the Companies (Donations) Act No. 26 of 1951.
Virtual Participation and Proxy Information
In line with modern corporate governance practices, Harischandra Mills PLC is facilitating virtual attendance to ensure convenience and accessibility for all shareholders. The meeting will be conducted via the Zoom application or another designated online platform.
Shareholders wishing to participate virtually must forward their duly completed registration form, including their email address and contact telephone number, to the company’s registered address at No. 11, C.A. Harischandra Mawatha, Matara, or via email to corporateservices@corporateservices.lk. This submission must be received not less than forty-eight (48) hours before the appointed time of the AGM (i.e., by September 21, 2026, 10:00 a.m.) to receive the necessary access information.
Shareholders who are unable to attend are entitled to appoint a proxy to attend, speak, and vote on their behalf. The Form of Proxy, provided with the notice, must be duly completed according to instructions and sent via registered post to the aforementioned Matara address or emailed to corporateservices@corporateservices.lk, also not less than forty-eight (48) hours prior to the AGM.
Accessing Key Documents
The Annual Report of Harischandra Mills PLC, inclusive of the audited financial statements for the year ended March 31, 2026, is readily available for download on the official Colombo Stock Exchange website (www.cse.lk). Additionally, the Notice of Meeting, Form of Proxy, Registration Form for the AGM, and a Request Form for a printed copy of the Annual Report can also be downloaded from the CSE website.
Shareholders desiring a printed copy of the Annual Report can submit the duly completed ‘Request Form’ to the office of the Secretaries, and a physical copy will be dispatched within eight (8) market days of receiving the request.
For any further queries or assistance regarding the AGM, shareholders are encouraged to contact Mr. C.T. Gajanayake on 041-2224702 or via email at ctgajanayake@harischandramills.com.
The 74th AGM represents an important event for Harischandra Mills PLC, providing a platform for shareholder engagement and crucial decision-making regarding the company’s financial health and future direction.
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