Colombo, Sri Lanka – 07 September 2026
Abans Finance PLC (CSE: AFSL) has announced that its Twentieth Annual General Meeting (AGM) will be held on Monday, 28th September 2026, at 10:00 AM. In line with prevailing guidelines and a commitment to shareholder safety and accessibility, the AGM will be conducted as a fully virtual meeting.
The announcement, made via the Colombo Stock Exchange (CSE) on 4th September 2026, details a comprehensive agenda encompassing financial performance review, auditor re-appointment, and crucial corporate governance matters, including a discussion on the company’s public holding compliance.
Key Agenda Highlights for Abans Finance PLC’s 20th AGM
Shareholders will be presented with several critical resolutions during the upcoming virtual AGM. The primary objectives of the meeting include:
- To receive and adopt the Report of the Directors, the Audited Financial Statements of the Company for the financial year ended 31st March 2026, and the Report of the Auditors thereon.
- To re-appoint Messrs. KPMG Chartered Accountants as the Auditors of the Company for the ensuing year and to authorize the Directors to determine their remuneration.
- To inform shareholders about the non-compliance with the Minimum Public Holding Requirement, as per Rule No. 7.6.iv (a) of the CSE listing rules, and to discuss the adopted or proposed remedial actions. This item underscores Abans Finance PLC’s commitment to transparency in corporate governance.
- To authorize 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 outlined a detailed procedure to ensure a smooth and accessible virtual AGM experience for all shareholders and proxy holders. The meeting will be hosted on an online meeting platform, with Zoom Mobile App or Zoom Desktop App recommended for participation.
To participate, shareholders or their proxies must:
- Forward their details to the Company Secretary by completing the attached Registration Form.
- The duly completed and signed Registration Form, along with the Form of Proxy if applicable, must be delivered to the Company Secretary’s office at No. 456, R. A. De Mel Mawatha, Colombo 03, or emailed to priyadharshini@abansfinance.lk by 10:00 AM on 26th September 2026.
- Accepted registrants will receive email confirmations, followed by a web link for online registration (“Virtual AGM Registration”) 24 hours prior to the meeting.
- The online registration process requires participants to enter their first name, last name, email address, and NIC No. / Passport No. / Co. Reg. No., ensuring consistency with the Registration Form.
The company emphasizes that the online meeting platform will be active 30 minutes before the scheduled start time, and shareholders are advised to join at least ten minutes early. A dedicated Q&A tab and “Hand Raise” icon will facilitate shareholder queries and concerns during the meeting. For voting, a separate link will be provided to eligible shareholders and proxy holders, with 60 seconds allocated per resolution.
Accessing the Annual Report 2025/26
In adherence to CSE Circular 04/2022, Abans Finance PLC will not be circulating a printed Annual Report for the Financial Year 2025/2026. Shareholders can access the Annual Report digitally via the CSE website (www.cse.lk/company-profile?symbol=AFSL.N0000) and the Company’s corporate website. Assistance for accessing these documents can be obtained by contacting Mr. Dushan Suresh at 011-2208888 (ext: 413, 415) on working days between 9:00 AM and 5:00 PM.
This virtual AGM marks another step in Abans Finance PLC’s journey towards embracing digital platforms for enhanced corporate transparency and shareholder engagement, while addressing key financial and regulatory obligations for the 2025/26 fiscal year.
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