Colombo, 07 September 2026 – Abans Finance PLC has formally announced its Twentieth Annual General Meeting (AGM), set to take place on 28th September 2026 at 10:00 AM. In line with contemporary corporate governance and shareholder accessibility, the meeting will be conducted entirely virtually, enabling shareholders to participate remotely.
The announcement, made via a circular to shareholders on 4th September 2026, outlines the key resolutions to be addressed and provides comprehensive guidelines for online participation. This move reinforces the company’s commitment to transparency and modern engagement with its investor base.
Key Resolutions on the Agenda
Shareholders will be invited to deliberate on several crucial matters concerning the company’s performance and governance for the financial year ended 31st March 2026. The main agenda items include:
- Receiving and adopting the Directors’ Report, the Audited Financial Statements for the year ended 31st March 2026, and the Auditors’ Report thereon.
- Considering the re-appointment of Messrs. KPMG Chartered Accountants as the company’s Auditors for the forthcoming year, alongside authorizing the Directors to determine their remuneration.
- Addressing the non-compliance with the Minimum Public Holding Requirement, as per Rule No. 7.6.iv (a) of the listing rules of the Colombo Stock Exchange (CSE), and discussing the adopted or proposed remedial actions.
- Authorizing the Board of Directors to determine contributions to charities and other donations for the financial year ended 31st March 2026.
Seamless Virtual Participation for Shareholders
Abans Finance PLC has issued detailed instructions to ensure a smooth and accessible virtual AGM experience. Shareholders and proxy holders intending to participate will need to use the “Zoom Mobile App” or “Zoom Desktop App” on their smart devices or computers, respectively.
To join the virtual meeting, shareholders or their appointed proxies must submit a duly completed and signed Registration Form to the Company Secretary by 10:00 AM on 26th September 2026. This can be done by physically delivering the form to No. 456, R. A. De Mel Mawatha, Colombo 03, or by emailing it to priyadharshini@abansfinance.lk. If a proxy is appointed, the completed Form of Proxy must accompany the Registration Form, ensuring all details align.
Upon successful registration verification, participants will receive an email confirmation, followed by a web link for online registration (“Virtual AGM Registration”) 24 hours prior to the meeting. A subsequent email will provide the final log-in link and credentials to join the meeting. Participants are advised to join at least ten minutes before the scheduled start time, with the online platform becoming active 30 minutes in advance.
Voting and Queries
The virtual platform is equipped with features for active engagement. Shareholders and proxy holders can submit questions or concerns via the Q&A tab or the Hand Raise icon. A separate voting link will be provided for all eligible participants to cast their votes on the resolutions. Each resolution will have a 60-second voting window, with results announced 30 seconds thereafter.
Shareholders unable to attend the virtual meeting can forward their suggestions, questions, and concerns relating to the agenda items to priyadharshini@abansfinance.lk, to be received 48 hours prior to the meeting. The Board has affirmed that relevant queries will be discussed and addressed during the AGM.
Accessing the Annual Report 2025/26
In line with CSE Circular 04/2022, Abans Finance PLC will not be circulating the Annual Report for the Financial Year 2025/2026 in printed form. Shareholders can access the comprehensive report via a provided QR Code, the Colombo Stock Exchange website (www.cse.lk), or the company’s corporate website. For assistance in accessing the report, shareholders may contact Mr. Dushan Suresh on 011-2208888 (ext: 413, 415) during working hours.
The company emphasizes timely submission of all necessary documents, including the Form of Proxy, which must be deposited with the Company Secretary at least 48 hours before the meeting. A comprehensive circular detailing all guidelines, the Notice of Meeting, Form of Proxy, and the Online Meeting Registration Form are attached to the announcement and also available on the CSE website.
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