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YOUR DAILY DOSE OF BUSINESS INTELLIGENCE

Senthilverl Holdings Acquires Significant Stake in Colombo Dockyard PLC; Director-Linked Transaction Disclosed

COLOMBO, 02 October 2026 – Colombo Dockyard PLC (CDPLC), a prominent player in Sri Lanka’s maritime industry, has formally announced a substantial share transaction involving Senthilverl Holdings (Pvt) Ltd, an entity with a direct link to one of its directors. The disclosure, made to the Colombo Stock Exchange (CSE) on 01 October 2026, pertains to the purchase of 25,912 ordinary shares of Colombo Dockyard PLC.

The transaction, which occurred on 30th September 2026, saw Senthilverl Holdings (Pvt) Ltd acquire the shares at a price of Rs. 118/= per share, amounting to a total value of approximately Rs. 3.05 million. This move is significant given the involvement of Mr. Senthilverl Senthi Nandhanan, who serves as a Director on the boards of both Colombo Dockyard PLC and Senthilverl Holdings (Pvt) Ltd.

Compliance and Transparency

This disclosure is made in strict adherence to Section 7.8 of the CSE Listing Rules and Section 200(2) of the Companies Act No. 07 of 2007. These regulations mandate companies to publicly announce share dealings by directors or entities closely associated with them, ensuring transparency and fair practice in the market. The notification to Colombo Dockyard PLC was officially made on 01st October 2026, leading to its subsequent release to the public.

Details of the Transaction

The core details of the share dealing are as follows:

  • Company: Colombo Dockyard PLC
  • Party to the Transaction: Senthilverl Holdings (Pvt) Ltd
  • Date of Transaction: 30th September 2026
  • Nature of Transaction: Purchase
  • Number of Ordinary Shares: 25,912
  • Price per Share: Rs. 118/=
  • Total Value: Rs. 3,057,616

Manori Mallikarachchi, Company Secretary for Colombo Dockyard PLC, confirmed the details of the transaction in the official communication to the Chief Regulatory Officer of the Colombo Stock Exchange, Ms. Nilupa Perera.

Colombo Dockyard PLC, renowned for its expertise in ship repair, shipbuilding, and heavy engineering, continues to be a pivotal enterprise within Sri Lanka’s industrial landscape. Such director-related dealings are closely monitored by investors as they can often signal confidence in the company’s future prospects.

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