,

Colombo Dockyard Launches New Share Listing Following Successful Rights Issue

by

in ,

Sri Lanka’s Colombo Dockyard has successfully listed 323,365,158 new ordinary voting shares following a rights issue. The company announced in a stock exchange filing that it raised 12,934,606,320 rupees through this initiative.

The stock saw an increase, trading up by 5.75 rupees at 114. Notably, the controlling shareholder, Onomichi of Japan, has declared its intention to renounce its entitlement in favor of India’s Mazagon Dock Shipbuilders Limited.

(Colombo/Jan20/2026)


Latest News


  • NDBIB Facilitates $40 Million Loan Syndication for Maldives Airport Development

    NDBIB Facilitates $40 Million Loan Syndication for Maldives Airport Development

    NDB Investment Bank Limited has successfully syndicated a five-year, 40 million US dollar loan for Maldives Airport Company Limited, with the deal being led by banks based in Sri Lanka. This loan is designated for financing capital expenditures related to the new passenger terminal at Velana International Airport. Hatton National Bank PLC of Sri Lanka

    Read more


  • ASPI Declines Sharply by Over 100 Points Amidst Slowing Turnover

    ASPI Declines Sharply by Over 100 Points Amidst Slowing Turnover

    The Colombo Stock Exchange (CSE) experienced a decline in trading today, with the broader market weakening amid reduced investor activity. The All Share Price Index (ASPI) fell by 103.17 points, closing at 23,651.09. In contrast, the more liquid S&P SL20 Index showed relative stability among blue-chip stocks, experiencing only a slight decline of 3.27 points

    Read more