Colombo, Sri Lanka – 25 September 2026 – The Kandy Hotels Company (1938) PLC today announced that all resolutions presented at its 97th Annual General Meeting (AGM) were duly passed by the company’s shareholders. The significant announcement, made in compliance with Section 7.2 of the Listing Rules of the Colombo Stock Exchange (CSE), reaffirms the shareholders’ confidence in the company’s strategic direction and governance.
The AGM, a cornerstone event for corporate governance, was held on Friday, 25th September 2026. The successful passage of all resolutions indicates strong shareholder alignment with the board’s proposals, which typically encompass key areas such as the approval of financial statements, election of directors, appointment of auditors, and other material business matters impacting the company’s operations and future growth.
Confirmation from Company Secretaries
The official notification to the Colombo Stock Exchange was furnished by Deloitte Corporate Services (Private) Limited, acting as Company Secretaries for The Kandy Hotels Company (1938) PLC. The communication, addressed to Ms. Nilupa Perera, Chief Regulatory Officer of the CSE, formally confirmed the positive outcome of the meeting.
The statement from Deloitte Corporate Services (Private) Limited highlighted: “In terms of Section 7.2 of the Listing Rules of the Colombo Stock Exchange, we wish to inform you that the 97th Annual General Meeting of The Kandy Hotels Company (1938) PLC was held today, 25th September 2026 and that all Resolutions set out in the Notice of the Meeting were duly passed by the Shareholders of the Company.”
Implications for Investors and Operations
The unanimous approval of resolutions at the 97th AGM provides a clear mandate for The Kandy Hotels Company (1938) PLC to proceed with its planned initiatives. For investors, this outcome signifies stability and a predictable path forward, reflecting robust corporate governance and active shareholder participation. The company, known for its enduring presence in Sri Lanka’s hospitality sector, continues to build on its rich heritage dating back to its incorporation.
The Kandy Hotels Company (1938) PLC’s consistent adherence to regulatory requirements and its commitment to transparent communication with the market underscore its position as a key player within the Sri Lankan business landscape. The full details of the resolutions passed would have been outlined in the notice of the meeting, providing shareholders with comprehensive information prior to their deliberation.
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