Colombo, Sri Lanka – 01 October 2026 – ALPHA FIRE SERVICES PLC (CSE: FIRE) today announced a significant change in its board composition, informing the Colombo Stock Exchange (CSE) of the resignation of Mr. Thira Ravindu Gajavikum Kalamulla, an Independent Non-Executive Director.
The announcement, made in compliance with Section 8 – Corporate Disclosure of the CSE Listing Rules, confirms that Mr. Kalamulla stepped down from his position on the Board of Directors on 25th September 2026. The Board of ALPHA FIRE SERVICES PLC was formally notified of this change on 28th September 2026, leading to the public disclosure on 1st October 2026.
Key Details of the Resignation
- Director Resigned: Mr. Thira Ravindu Gajavikum Kalamulla
- Position: Independent Non-Executive Director
- Effective Resignation Date: 25th September 2026
- Board Notification Date: 28th September 2026
- Shareholding Status: Mr. Kalamulla does not hold any shares of ALPHA FIRE SERVICES PLC.
The company’s official communication to the Chief Regulatory Officer of the CSE, signed by Company Secretary F. Shama Ismail Mohamed, highlighted this change in the composition of the Board of Directors and, by extension, the potential impact on various sub-committees where Mr. Kalamulla may have served.
Implications for Corporate Governance
Changes in board composition, especially involving Independent Non-Executive Directors, are closely watched by investors and analysts. Independent directors play a crucial role in corporate governance, offering unbiased oversight and ensuring adherence to best practices. Their departure often prompts companies to swiftly identify and appoint suitable replacements to maintain strong governance frameworks and ensure continuity in strategic decision-making.
ALPHA FIRE SERVICES PLC is expected to announce further updates regarding the appointment of a new Independent Non-Executive Director in due course to fill the vacancy created by Mr. Kalamulla’s resignation. Stakeholders will be keen to observe how the company manages this transition and its impact on the board’s strategic direction.
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