Colombo, Sri Lanka – 23 September 2026 – Mercantile Shipping Company PLC (CSE: MSL) today announced the successful adoption of all resolutions presented at its Annual General Meeting (AGM) held on September 22, 2026. This crucial update was officially communicated to the Colombo Stock Exchange (CSE), affirming the company’s adherence to regulatory requirements and sound corporate governance practices.
Resolutions Approved by Shareholders
The announcement, made by M&S Manhsers & Secretaries (Private) Limited on behalf of Mercantile Shipping Company PLC, confirmed that the resolutions outlined in the Notice of Meeting dated August 31, 2026, received unanimous shareholder approval. The AGM, which convened at 2:00 p.m. on September 22nd, 2026, provided shareholders with the opportunity to deliberate and cast their votes on various proposals critical to the company’s operational and strategic direction for the upcoming period.
Compliance with CSE Listing Rules
In strict compliance with Section 7.2 of the CSE Listing Rules, Mercantile Shipping Company PLC promptly notified the Chief Regulatory Officer of the CSE, Ms. Nilupa Perera, regarding the outcome of the meeting. This timely adherence underscores the company’s commitment to transparency and the robust regulatory frameworks governing listed entities in Sri Lanka.
Role of Company Secretaries
M&S Manhsers & Secretaries (Private) Limited, acting as the company secretaries for Mercantile Shipping Company PLC, played a pivotal role in facilitating the meeting and formalizing the announcement. Operating from their registered office at No.10, Gothami Road, Colombo 08, they ensured that all procedural requirements were met. The official communication to the CSE was signed by the Secretaries, with Director Ms. C M Salgado FCIS endorsing the submission, highlighting the professional administrative support integral to Mercantile Shipping’s corporate operations.
Significance for Mercantile Shipping
The adoption of these resolutions marks an important step in the continued governance and future strategic direction of Mercantile Shipping Company PLC. It reflects the collective will and confidence of the shareholders, providing the management with the necessary mandate to proceed with planned initiatives and proposals for the new financial year. This outcome is expected to bolster investor confidence and provide clarity on the company’s path forward.
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