Colombo, 04 September 2026 – Lanka Ventures PLC (CSE: LFIN), a prominent investment company listed on the Colombo Stock Exchange, has officially announced the convening of its Thirty Fourth Annual General Meeting (AGM) for the financial year ended 31st March 2026. The meeting is scheduled to be held virtually on Tuesday, 29th September 2026, at 3:30 p.m., underscoring the company’s commitment to shareholder engagement and corporate governance.
The notice, disseminated through the Colombo Stock Exchange (CSE), details the agenda for the upcoming AGM, which includes several crucial resolutions impacting the company’s strategic direction and leadership.
Key Resolutions for Shareholder Deliberation
Shareholders will be invited to consider and vote on a comprehensive set of proposals, central to the company’s operations and financial oversight:
- Annual Report and Financial Statements: To receive and consider the Board of Directors’ Annual Report together with the audited Financial Statements of the Company for the year ended 31st March 2026, alongside the Auditors’ Report thereon. This is a foundational resolution for transparency and accountability to shareholders.
- Director Re-elections:
- The re-election of Mr. M.R. Abeywardena and Mr. W.P.K. Jayawardana, who retire by rotation in terms of Article 30(1) of the Articles of Association and have offered themselves for re-election.
- The re-election of Mr. N.B. Weerasekera (Non-Executive Independent Director), Ms. I. Brohier (Non-Executive Independent Director), and Mr. M.S. Wijemanne (Non-Executive Non-Independent Director), all of whom were appointed by the board to fill casual vacancies in terms of Article 28(2) of the Articles of Association. Their re-election will formalize their positions within the company’s board structure.
- Appointment of Auditors: The appointment of Messrs. Ernst & Young, Chartered Accountants, as the Auditors of Lanka Ventures PLC. They will hold office until the conclusion of the next AGM, with their remuneration to be agreed upon by the Board of Directors, and will audit the Financial Statements for the accounting period ending 31st March 2027.
- Charitable Contributions: To authorize the Directors to determine contributions to charities for the ensuing year, reflecting the company’s commitment to corporate social responsibility.
Shareholder Participation and Proxy Information
Given the virtual nature of the meeting, Lanka Ventures PLC has provided clear instructions to ensure seamless shareholder participation:
- Shareholders entitled to attend and vote at the AGM may appoint a proxy, who need not be a shareholder.
- The completed Form of Proxy must be deposited at the Company’s office at 2nd Floor, “Sayuru Sevana”, No.46/12, Navam Mawatha, Colombo 02, not less than 48 hours before the meeting time.
- Detailed instructions regarding the completion of the proxy form, including voting indications and requirements for corporate members or attorneys, have been provided in the official notice.
- Shareholders who wish to receive a printed version of the Annual Report can submit a Form of Request to the Company Secretaries on or before 18th September 2026.
- A Registration Form for the virtual AGM is also included in the notice, requiring shareholders to provide their details and, if applicable, those of their proxy holder.
The 34th AGM is a pivotal event for Lanka Ventures PLC, offering shareholders an opportunity to review the company’s performance for the past financial year, approve key appointments, and contribute to its future direction. The virtual platform ensures accessibility for all stakeholders to participate in these critical corporate decisions.
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