COLOMBO, 09 September 2026 – Sarvodaya Development Finance PLC (SDF), a prominent licensed finance company in Sri Lanka, has formally announced the disclosure of share dealings by one of its Non-Executive, Non-Independent Directors, Mr. Senthil Nandhanan Senthilverl. The transactions, involving the purchase of company shares, were communicated to the Colombo Stock Exchange (CSE) today, 9th September 2026, adhering to regulatory requirements.
The disclosure, made in accordance with Section 7.8 of the CSE Listing Rules and Section 200 of the Companies Act No. 7 of 2007 (as amended), details two separate instances of share acquisition by Mr. Senthilverl through
Details of the Transactions
The reported purchases by Mr. Senthil Nandhanan Senthilverl are as follows:
- On 7th September 2026, a total of 3,868 shares of Sarvodaya Development Finance PLC were purchased at a price of LKR 38.90 per share.
- Subsequently, on 8th September 2026, an additional 3,014 shares were acquired at LKR 38.80 per share.
The nature of the relevant interest in these transactions is classified under Sections 198(1)(c) and (e) of the Companies Act No. 7 of 2007, indicating a direct or indirect beneficial interest in the shares.
Commitment to Transparency
Such disclosures are a cornerstone of maintaining transparency and integrity in the capital market. They provide investors with crucial information regarding the dealings of company directors, which can often signal director confidence in the company’s future prospects. Sarvodaya Development Finance PLC’s prompt and clear communication underscores its commitment to regulatory compliance and good corporate governance practices.
Sarvodaya Development Finance PLC is licensed by the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011, playing a vital role in Sri Lanka’s financial sector.
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