Colombo, 02 September 2026 – Mahaweli Reach Hotels PLC (CSE: MRH) has officially announced the convening of its 52nd Annual General Meeting (AGM) for shareholders. The significant corporate event is scheduled for Monday, 28th September 2026, at 11:00 a.m., and will be conducted as a hybrid meeting from the company’s registered office at No. 35, P.B.A. Weerakoon Mawatha, Kandy.
The announcement, made today, outlines the procedures for shareholder participation, access to the Annual Report for the financial year ended 31st March 2026, and the agenda for the meeting. This hybrid approach ensures flexibility, allowing shareholders to participate either in person or remotely via audio and audio-visual means.
Accessing the Annual Report
In line with Rule 7.5(b) of the Colombo Stock Exchange (CSE) Listing Rules, Mahaweli Reach Hotels PLC (PQ 127) will circulate its Annual Report for the financial year ended 31st March 2026 in electronic format. Shareholders can conveniently download the report from two primary sources:
- The Colombo Stock Exchange (CSE) website: CSE Link
- The official company website: www.mahaweli.com
This digital distribution underscores the company’s commitment to efficiency and environmental sustainability.
Shareholder Participation and Proxy Information
Mahaweli Reach Hotels PLC encourages all shareholders to actively participate in the upcoming AGM. For those opting to join through audio and audio-visual means, a registration form (Annexure 1) must be duly completed, including an email address and contact telephone number. This form needs to be forwarded to the registered address of the company not less than five days before the meeting date, to receive the necessary access information (meeting ID, password, and telephone number).
Shareholders unable to attend can appoint a proxy. Proxy forms (Annexure II) are available on both the CSE and company websites. Completed proxy forms, along with the registration form (if applicable), must be submitted to the company by 11:00 a.m. on 26th September 2026. Submissions can be made via email to sonali@mahaweli.com or by hand/post to the registered office in Kandy. The Board of Directors specifically encourages shareholders to appoint an Independent Director on the board as their proxy.
Key Agenda Items for the 52nd AGM
The agenda for the 52nd Annual General Meeting covers essential corporate governance matters, including:
- Receiving and adopting the Annual Report and Financial Statements for the year ended 31st March 2026.
- Re-election of Directors Mr. Ahmed Maumoon and Mr. Mestiyage Don Mevan Gunathileke, who retire by rotation.
- Re-appointment of Ms. S. M. A. Nonis Ranaweera and Ms. E. W. M. R. Samindhi Unamboowe, who were appointed to the Board since the last AGM.
- Considering the re-appointment of Mr. J. A. Panabokke and Mr. A. U. Maniku, both over seventy years of age, for a further period of one year, in compliance with the Companies Act No. 07 of 2007.
- Authorizing the Board of Directors to determine contributions to charities and other donations.
- Re-appointing Messrs. Bakertilly Edirisinghe & Co, Chartered Accountants, as Auditors and authorizing the Directors to determine their remuneration.
Shareholders requiring further clarification on the AGM proceedings or document access can contact Ms. Shafnas Shamdeen on +94 11 7374400, Fax No +94 11 2445683, or via e-mail at shafnas@bm.lk.
This AGM represents a crucial opportunity for shareholders to engage with Mahaweli Reach Hotels PLC’s management and review the company’s performance and future direction.
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