Daily Business Digest
Daily Business Digest
Loading date…
YOUR DAILY DOSE OF BUSINESS INTELLIGENCE

PARAGON CEYLON PLC Issues Errata for Q1 2026 Accounts, Clarifying Shareholder Data

LankaBIZ Stock Screener
Screen, compare and discover CSE-listed stocks

Colombo, 23 September 2026 – PARAGON CEYLON PLC (CSE: PARA) has issued an errata to its Quarterly Accounts for the period ended 30 June 2026, providing revised and detailed information pertaining to its shareholder structure and compliance status. The announcement, released today, aims to ensure transparency and provide clarity to its shareholders and the broader investor community regarding key financial disclosures.

Key Revisions to Quarterly Accounts

The errata primarily focuses on an updated breakdown of the company’s shareholder information as of 30 June 2026. This includes comprehensive lists of the twenty largest shareholders, a detailed shareholder analysis distinguishing between public and other holdings, and a clear statement on directors’ shareholdings. Furthermore, the company has reaffirmed its compliance with Colombo Stock Exchange (CSE) listing rules regarding public float.

Twenty Largest Shareholders

The updated list of the twenty largest shareholders reveals that C T Holdings PLC remains the dominant shareholder, holding 222,200 shares, representing 22.21% of the company. The top twenty shareholders collectively hold a significant portion of the company’s equity, accounting for 829,800 shares or 82.95% of the total.

Shareholder Analysis and Public Float

An updated analysis of the company’s shareholding indicates that shares held by the public amount to 945,510, constituting 94.52% of the total equity and distributed among 519 shareholders. Shares held by ‘Others’ total 54,770, held by 2 entities. The overall total number of shares stands at 1,000,280, spread across 521 shareholders.

PARAGON CEYLON PLC has also confirmed its float adjusted market capitalization as at 30th June 2026 to be Rs. 642,915,966.08. Importantly, the company states it is in compliance with rule 7.13.1 (i)(a) option 05 of the listing rules of the Colombo Stock Exchange, which pertains to the minimum number of public shareholders.

Directors’ Shareholdings

The errata also provides an updated overview of the shareholdings of the Directors and CEO. As of 30 June 2026, Ms. A.M. De Alwis holds 44,450 shares. Other directors, including Mr. L.I. Ratnasabapathy, Mr. M.R.Y. Riffai, Ms. D.T. De Alwis, and Mr. J.R.J. Gomez, are listed with nil shareholdings.

Importance for Investors

Such clarifications are crucial for maintaining market confidence and ensuring that investors have access to accurate and up-to-date information for their decision-making processes. The proactive issuance of this errata by PARAGON CEYLON PLC demonstrates a commitment to transparency and adherence to regulatory standards set by the Colombo Stock Exchange.

Source: Read original document

Daily Stock Market Update

Weekly Tea Market Update

Vegetable Market

Weekly Economic Update


Latest Updates