COLOMBO, Sri Lanka – 18 September 2026 – Softlogic Holdings PLC (CSE: SHL), a prominent diversified conglomerate in Sri Lanka, has officially announced its Annual General Meeting (AGM) for the year 2026. The crucial meeting, as per a notice released on the Colombo Stock Exchange (CSE) yesterday, will be held on Monday, October 19, 2026, at 10:00 a.m. at the Auditorium of Central Hospital Limited (4th Floor), No. 114, Norris Canal Road, Colombo 10.
The AGM is set to address a comprehensive agenda, including the presentation of the company’s financial performance for the fiscal year ended March 31, 2026, alongside critical discussions regarding the company’s ongoing financial stability and corporate governance.
Key Agenda Items for Softlogic Holdings PLC’s AGM
Shareholders attending the meeting will consider and vote on several important resolutions, reflecting the company’s corporate governance and strategic direction:
- Financial Review: To receive and consider the Annual Report of the Board of Directors and the Audited Financial Statements of the Company and the Group for the year ended March 31, 2026, along with the Auditor’s Report thereon.
- Director Re-elections: Mr. H.K. Kaimal, Mr. G.W.D.H.U. Gunawardena, and Mr. T. Nadarasa, who retire by rotation in accordance with Article 87 of the Articles of Association, will be proposed for re-election as Directors of the Company.
- Auditor Re-appointment: The re-appointment of Messrs. Ernst & Young as the Auditors of the Company for the ensuing year, with authorization for the Directors to fix their remuneration.
- Donations: To authorise the Directors to determine and make donations for the year ending March 31, 2027, and up to the date of the next Annual General Meeting.
Addressing the Persistent Going Concern Emphasis
A particularly significant item on the agenda is the discussion of matters giving rise to an “emphasis of matter on going concern” contained in the Audited Financial Statements for five consecutive fiscal years: 2021/2022, 2022/2023, 2023/2024, 2024/2025, and 2025/2026.
This discussion is critical as the company is mandated to outline the remedial actions intended to be adopted to ensure compliance with Rule 7.5 (d) (ii) of the Listing Rules of the CSE. Furthermore, the meeting will address the impact of such emphasis of matter on going concern not being resolved for a period of 15 months from the date of transferring its securities to the Watch List. This agenda item underscores the company’s commitment to transparency and adherence to regulatory requirements, providing a crucial platform for shareholders to understand the strategies being implemented to strengthen Softlogic Holdings PLC’s financial footing.
Shareholder Participation and Proxy Information
Softlogic Holdings PLC has also provided clear guidelines for shareholder participation. Shareholders entitled to attend, speak, and vote at the meeting may appoint a proxy to attend and vote on their behalf. The company emphasizes that a proxy need not be a shareholder. The Form of Proxy is enclosed for this purpose, and attendees are advised to refer to the detailed guidelines and attendance registration process available on the corporate website of the Company and the Colombo Stock Exchange website.
The upcoming AGM presents a vital opportunity for investors and stakeholders to gain comprehensive insights into Softlogic Holdings PLC’s operational and financial health, particularly concerning its long-term stability and strategic initiatives in the current economic landscape.
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