Colombo, 02 October 2026 – Paragon Ceylon PLC (CSE: PARA) has issued a circular to its shareholders announcing the upcoming 69th Annual General Meeting (AGM), set to take place on Friday, 9th October 2026. The crucial meeting will commence at 10:45 a.m. at the Nondescripts Cricket Club, Committee Room, located at No 29, Maitland Place, Colombo 7.
The circular, dated 28th September 2026, outlines the key agenda items for the AGM, which are vital for the company’s governance and strategic direction. Shareholders are urged to review the details and participate, either in person or via proxy, to exercise their voting rights on significant company matters.
Key Resolutions for Shareholder Approval
The 69th AGM will address several important resolutions, including:
- Annual Report and Financial Statements: Shareholders will receive and consider the Annual Report of the Board of Directors on the company’s affairs and the Financial Statements for the fiscal year ended 31st March 2026, alongside the Auditors’ Report thereon.
- Director Re-election: Mr. M. R. Y. Riffai, who retires by rotation in accordance with Article 84 of the Articles of Association, will be proposed for re-election as a Director of the Company.
- Donations Authorization: A resolution to authorize the Directors to determine donations for the ensuing year will be put forth.
- Auditor Re-appointment and Remuneration: Messrs. Bakertilly Edirisinghe & Company, Chartered Accountants, are proposed for re-appointment as the company’s Auditors, with Directors to be authorized to determine their remuneration.
Information for Shareholders
Paragon Ceylon PLC emphasizes the importance of shareholder engagement and has provided clear guidelines for participation and access to necessary documents:
- Proxy Appointments: Shareholders unable to attend the meeting are entitled to appoint a proxy. A Form of Proxy is enclosed with the circular. The completed form must be deposited at the Registered Office of the Company, located at 15 2/1, Sir Chittampalam A. Gardiner Mawatha, Colombo 2, not less than forty-eight (48) hours before the time fixed for the commencement of the meeting. A proxy need not be a shareholder of the company.
- Annual Report Access: The Annual Report for the financial year 2025/2026 is readily available for download on the Colombo Stock Exchange (CSE) website. Shareholders wishing to obtain a printed copy can do so by sending a written request to the Registered Office of the Company using the attached request form. Printed copies will be dispatched within eight (8) market days from the date of receipt of the request.
For any queries related to the AGM or the Annual Report, shareholders may contact Mrs. Pushpadevi Rajamuthiah on telephone 011 2434161, between 10:00 a.m. and 4:00 p.m. on any working day.
The Board of Directors, through the Company Secretaries Businessmate (Private) Limited, encourages all shareholders to review the circular thoroughly and ensure their participation in shaping the future of Paragon Ceylon PLC.
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