Colombo, Sri Lanka – 31 August 2026 – LANKEM DEVELOPMENTS PLC (CSE: LDEV) has announced that its Fifty First Annual General Meeting (AGM) will be held virtually on Friday, 25th September 2026, at 11:15 a.m. This decision, communicated in a circular to shareholders dated 28th August 2026, aligns with the company’s Articles of Association and the Colombo Stock Exchange (CSE) guidelines for virtual meetings, ensuring shareholder participation while prioritizing convenience.
The virtual AGM marks a continued adoption of modern, accessible practices for corporate governance, allowing shareholders to engage with the company’s leadership from any location.
Participating in the Virtual AGM
Shareholders keen on attending the virtual meeting via the designated online platform are required to complete and submit a Registration Form. This form is readily available on the Colombo Stock Exchange (CSE) website. Duly completed forms should reach the Registered Office of the Company Secretaries, Corporate Managers & Secretaries (Private) Limited, at 8-5/2, Leyden Bastian Road, York Arcade Building, Colombo 1, or be sent via email to LDEVAGM2026@CMSL.LK, at least three (3) days prior to the meeting date. Upon successful registration, eligible shareholders or their nominated proxies will receive virtual meeting login details via email.
For seamless participation, attendees are advised to download the “Zoom Mobile App” if joining via a smartphone or the “Zoom Desktop App” for desktop computer access.
Accessing the Annual Report 2025/2026
LANKEM DEVELOPMENTS PLC’s Annual Report for the Financial Year ended 31st March 2026 is accessible to all stakeholders. The digital version is available for viewing and download on the CSE website at https://www.cse.lk/company-profile?symbol=LDEV.N0000.
Shareholders who prefer a printed copy can submit a written request using the Form of Request, also available on the CSE website. This form should be sent to the Company Secretaries via postal mail or email to LDEVAGM2026@CMSL.LK. Printed copies will be dispatched within eight (8) market days of receiving the request, subject to postal service conditions.
For assistance with website access, shareholders can contact Mr. Jehan Ratnakumar at 011 2344485-9 or via email at jehan@cmsl.lk. Queries regarding printed annual reports can be directed to Ms. Monisha Selvam, Ms. Shifa Farook, or Ms. Veniza John Kennedy at the same contact number or their respective email addresses (monisha@cmsl.lk, shifa@cmsl.lk, veniza@cmsl.lk) between 9:00 a.m. and 4:00 p.m. on any working day.
Proxy Voting and Shareholder Queries
Shareholders unable to attend the virtual meeting are encouraged to exercise their voting rights by completing and returning the Form of Proxy. This form should reach the Registered Office of the Company Secretaries not less than 48 hours before the scheduled meeting time. The company encourages shareholders to appoint a member of the Board of Directors as their proxy.
Any queries that shareholders wish to raise at the meeting should be submitted in writing to the Company Secretaries via email (LDEVAGM2026@CMSL.LK) or post, at least five (5) days before the AGM. This will allow the Secretaries to compile and forward these questions to the Board of Directors for addressing during the meeting.
Agenda for the 51st AGM
The Notice of Meeting outlines the key resolutions to be considered at the 51st Annual General Meeting:
- To receive and consider the Annual Report of the Board of Directors and the Statement of Accounts for the year ended 31st March 2026, along with the Auditor’s Report thereon.
- To re-elect Mr. M. Kowdu K. Mohideen as a Director in accordance with the company’s Articles of Association.
- To re-appoint Mr. S.D.R. Arudpragasam, who is seventy-five years of age, as a Director, with a special resolution to exempt the age limit of seventy years as per Section 210 of the Companies Act No. 07 of 2007.
- To re-appoint Mr. S.S. Poholiyadde, who has attained the age of seventy years, as a Director, also with a special resolution to exempt the age limit of seventy years as per Section 210 of the Companies Act No. 07 of 2007.
- To re-appoint KPMG, Chartered Accountants, as the company’s Auditors and to authorize the Directors to determine their remuneration.
LANKEM DEVELOPMENTS PLC emphasizes the importance of shareholder participation in these key decisions and looks forward to a productive virtual meeting.
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