COLOMBO, Sri Lanka – 18 September 2026 – Raigam Wayamba Salterns PLC (RWS) has announced that its 21st Annual General Meeting (AGM) will take place on Friday, 29th September 2026, at 10:00 a.m. The pivotal gathering for shareholders will be held at the Auditorium of the Centre for Banking Studies, Jandhipathi Vidyala Mawatha, Sri Jayawardanepura, Kotte.
The upcoming AGM is poised to address crucial matters impacting the company’s governance and financial outlook, including the review of the past financial year’s performance, the proposal of a dividend, and significant director re-appointments.
Key Agenda Highlights for the 21st AGM:
Shareholders will be presented with several vital resolutions for their consideration and approval:
- Financial Performance Review: The meeting will commence with the reception and consideration of the Directors’ Report and the Audited Financial Statements for the financial year ended 31st March 2026, along with the Auditors’ Report thereon. This provides a comprehensive overview of the company’s operational and financial health.
- Dividend Recommendation: A significant item on the agenda is the proposal for a first and final dividend of LKR 0.25 per share to the company’s shareholders, as recommended by the Board of Directors. This resolution will be subject to shareholder approval.
- Director Re-appointments: The AGM will address the re-appointment of two experienced directors, Mr. H. A. S. Samaraweera and Mr. T. Dharmarajah, who have both attained the age of 70 years. In accordance with Section 211 of the Companies Act No. 7 of 2007, and notwithstanding Section 210 thereof, shareholders will vote on their continuation in office. Furthermore, their classification as Independent Directors under Section 9.8.3 of the Listing Rules of the Colombo Stock Exchange (CSE) will also be considered. Mr. Samaraweera is 71, while Mr. Dharmarajah attained 70 by 7th August 2026.
- Auditor Re-appointment: Messrs Ernst & Young, Chartered Accountants, are proposed for re-appointment as the company’s Auditors for the ensuing year. Shareholders will also authorize the Directors to determine their remuneration.
- Authorization for Donations: Directors will seek authorization to determine donations for the financial year 2026/2027 and up to the date of the next Annual General Meeting.
The notice, issued by order of the Board of Directors of Raigam Wayamba Salterns PLC through their Company Secretaries, Business Intelligence (Private) Limited, was originally dated Colombo, 31st August 2026.
Shareholder Information:
Only registered shareholders as of the AGM date are entitled to attend the meeting. Shareholders unable to attend may appoint a proxy, who need not be a member of the company, to attend and vote on their behalf. Proxy forms must be completed and deposited at the Company Secretaries’ office or e-mailed to “menaka@msl.lk” no less than twenty-four hours prior to the meeting. Attendees are advised to bring their National Identity Card or other acceptable form of identification.
The 21st AGM represents a critical juncture for Raigam Wayamba Salterns PLC, allowing shareholders to engage with the company’s leadership on its strategic direction, financial performance, and key governance decisions.
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