Lanka Ventures PLC announced that Mr. Ananda Ranjith Munasinghe, Independent Non-Executive Director of the company, who is over 70 years, ceased to be a director of the company with effect from September 27, 2020 in terms of Section 21 1 of the Companies Act No. 07 of 2007. The resolution for his re-appointment as a director for another year will be taken up at the upcoming annual general meeting of the company.