Colombo, Sri Lanka – 24 September 2026 – Lotus Hydro Power PLC (CSE: LHP) today announced a unanimous approval for all resolutions presented at its Annual General Meeting (AGM) for the financial year 2025/26. The pivotal meeting, a cornerstone of corporate governance for the publicly listed entity, was successfully held as scheduled on 24th September 2026.
The announcement, formally communicated to the Colombo Stock Exchange (CSE) by the company’s corporate secretaries, S S P Corporate Services (Private) Limited, confirms the effective conclusion of the AGM. Shareholders and their appointed proxy holders participated in the meeting, casting their votes to endorse every resolution that was outlined in the Notice of the Meeting, which had been circulated with the Annual Report 2025/26 dated 24th August 2026.
Significance for Lotus Hydro Power and its Shareholders
The comprehensive approval of all resolutions signifies robust shareholder confidence in Lotus Hydro Power PLC’s strategic direction, financial performance, and proposed corporate actions. Annual General Meetings serve as a critical platform for shareholders to review the company’s operational and financial performance over the past year, approve financial statements, elect or re-elect directors, appoint external auditors, and deliberate on other key corporate matters that shape the company’s future.
For Lotus Hydro Power PLC, a significant contributor to Sri Lanka’s renewable energy sector, this positive outcome provides a clear mandate for the seamless implementation of its operational plans and continued pursuit of growth initiatives. It assures stability in governance and strategic decision-making, which are crucial for any company operating in the dynamic energy landscape.
Adherence to Regulatory Standards
The notification to Ms. Nilupa Perera, Chief Regulatory Officer of the Colombo Stock Exchange, confirms Lotus Hydro Power PLC’s adherence to Section 7.2 of the CSE Listing Rules. This timely and transparent disclosure ensures that the market and all stakeholders are kept informed about key corporate developments, reflecting the company’s commitment to good governance practices. S S P Corporate Services (Private) Limited, acting on behalf of Lotus Hydro Power PLC, facilitated this essential communication.
This positive conclusion to the Annual General Meeting reinforces the stability and forward trajectory of Lotus Hydro Power PLC as it continues its mission to generate and supply hydro-electricity, contributing to the nation’s sustainable energy objectives.
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