Colombo, Sri Lanka – 03 September 2026
RADIANT GEMS INTERNATIONAL PLC has announced its 37th Annual General Meeting (AGM), scheduled to convene on Tuesday, 29th September 2026, at 10:15 A.M. The crucial annual gathering for shareholders will take place at United Tractor and Equipment Limited, located at No. 683, Negombo Road, Wattala.
The announcement, issued by S S P CORPORATE SERVICES (PRIVATE) LIMITED, the company secretaries, outlines a comprehensive agenda designed to address key corporate governance and operational matters, providing shareholders with an opportunity to review the company’s performance and make vital decisions.
Key Resolutions on the Agenda
The upcoming AGM features several significant items for consideration and approval by the shareholders. These include:
- Annual Report and Audited Accounts: Shareholders will receive and consider the Annual Report of the Board of Directors on the affairs of the company, alongside the Audited Accounts for the financial year ended 31st March 2026, coupled with the report from the auditors. This provides a crucial overview of Radiant Gems International PLC’s financial health and operational performance over the past year.
- Director Re-election: Mr. A.D. Madushanka, a Director, is slated for re-election as he retires by rotation in accordance with Articles 85 and 86 of the company’s Articles of Association.
- Re-appointment of Senior Director: A notable item on the agenda is the consideration and passing of an Ordinary Resolution for the re-appointment of Mr. Sunil Rohan De Mel Abhayawardhane as a Director. Mr. Abhayawardhane, who is 72 years of age (having reached 70 on 18th December 2023), requires a special resolution in compliance with Section 211 of the Companies Act No.07 of 2007. The Board of Directors has recommended his re-appointment, proposing that the age limit of 70 years referred to in Section 210 of the Companies Act shall not apply to him.
- Auditor Re-appointment: M/s. Kreston MNS & Company, Chartered Accountants, are proposed for re-appointment as the Company’s Auditors. Shareholders will also authorise the Directors to determine their remuneration for the forthcoming period.
- Charitable Contributions: The Directors will seek authorisation from shareholders to determine contributions to charities for the upcoming year.
Shareholder Participation
Radiant Gems International PLC encourages active participation from its shareholders. As per the notice, a shareholder is entitled to appoint a Proxy to attend and vote on their behalf. It is important to note that a Proxy need not be a shareholder of the company. Shareholders intending to appoint a proxy must ensure the enclosed Proxy form is submitted along with the Registration Form at least 48 hours prior to the commencement of the meeting.
The 37th AGM is a pivotal event for RADIANT GEMS INTERNATIONAL PLC, offering a platform for transparent discourse on its strategic direction and financial stewardship.
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