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Sri Lanka’s Durdans announces share sub division

by

Sienna De Silva
in ,

FINANCIAL CHRONICLE – Ceylon Hospitals (Durdans) in Sri Lanka has announced plans to seek shareholder approval for a share sub-division. This initiative will involve splitting both voting and non-voting shares into four parts.

According to a stock exchange filing, the subdivision will increase the number of voting shares from 31,762,723 to 127,050,892. Similarly, the non-voting shares will rise from 10,133,765 to 40,535,060.

Ceylon Hospitals confirmed that this subdivision will not affect the stated capital of the company, which will remain at 1.778.802.331.50 rupees. The proposal is currently awaiting regulatory approval.

Prior to the halt in trading by the Colombo Stock Exchange, voting shares were trading at 310.00 rupees, while non-voting shares were at 251.00 rupees. (Colombo/Jan7/2026)

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