Sri Lanka’s Vallibel Finance is set to raise 2.11 billion rupees through a rights issue, offering one new share for every eight existing shares at a price of 72 rupees each. The capital raised will enhance Tier 1 capital, supporting the company’s expansion plans and ensuring compliance with capital adequacy requirements.
According to a stock exchange filing, the company plans to issue 29,431,675 ordinary voting shares. This rights issue has already received approval from the central bank and is pending approvals from the Colombo Stock Exchange (CSE) and the company’s shareholders.
(Colombo/Jan19/2026)
