Nation Lanka Finance PLC

Statement of Financial Position

Company

Group

As at 31st March

As at 31st March

As at 31st March

As at 31st March

2024

2023

2024

2023

Audited

Audited

Rs. '000'

Rs. '000'

Rs. '000'

Rs. '000'

ASSETS

Cash and Cash Equivalents

247,952

80,351

247,952

80,351

Deposits With Licensed Commercial Banks

458,387

384,640

458,387

384,640

Financial Assets Recognized Through Profit or

Loss-Measured at fair value

70,116

66,507

70,116

66,507

Financial Assets Measured at Fair Value Through Other

Comprehensive Income

43,244

43,240

43,244

43,240

Financial Assets Measured at Amortized Cost

- Loans and Advances

4,367,338

3,280,515

4,367,338

3,280,515

- Debt and Other Instruments

1,189,998

566,392

1,189,998

566,392

Amounts Due From Related Parties

-

763,103

-

763,103

Real Estate Stock

288,359

118,908

288,359

118,908

Investment Property

1,496,829

1,285,901

1,496,829

1,285,901

Property, Plant & Equipment

190,909

43,214

190,909

43,214

Right-to-use Asset

241,056

105,198

241,056

105,198

Receivable from Kanrich Finance Ltd

-

1,121,884

-

1,121,884

Intangible Assets

13,478

567

13,478

567

Trade & Other Receivables

383,266

211,301

383,266

211,301

Retirement Benefit Plan Assets

96,790

96,790

96,790

96,790

Deferred Tax Asset

877,555

769,483

877,555

769,483

TOTAL ASSETS

9,965,277

8,937,994

9,965,277

8,937,994

LIABILITIES

Due to Banks and Financial Institutions

110,289

613,937

110,289

613,937

Financial Liabilities at amortized cost-due to depositors

6,482,709

6,267,356

6,482,709

6,267,356

Lease liability

244,201

104,155

244,201

104,155

Amounts Due To Related Parties

509

509

509

-

Other Borrowings

1,173,705

817,189

1,173,705

817,189

Current Tax Liability

-

-

Retirement Benefit Obligations

77,451

36,631

77,451

36,630

Trade & Other Payables

818,914

178,298

818,914

178,236

Subordinated Debentures

-

-

-

-

TOTAL LIABILITIES

8,907,777

8,018,075

8,907,777

8,017,503

CAPITAL AND RESERVES

Stated Capital

3,584,353

2,330,073

3,584,353

2,330,073

Reserve Fund

211,928

131,422

211,928

131,422

Fair value reserve

109,395

(88,955)

109,395

(88,955)

Other Reserves

9,290

9,000

9,290

9,000

Retained Earnings

(2,857,466)

(1,461,620)

(2,857,466)

(1,461,048)

TOTAL EQUITY ATTRIBUTABLE TO EQUITY HOLDERS OF

THE COMPANY

1,057,500

919,919

1,057,500

920,492

Non-Controlling Interest

-

-

-

-

TOTAL EQUITY

1,057,500

919,919

1,057,500

920,492

TOTAL LIABILITIES & EQUITY

9,965,277

8,937,994

9,965,277

8,937,995

Net Assets Per Share

0.00

0.00

0.00

0.00

Contingent liabilities and commitments

15,200

15,200

15,200

15,200

CERTIFICATION

We, the undersigned being Chief Financial Officer and Director of Nation Lanka Finance PLC certify jointly that:

  1. the above statements have been prepared in compliance with the format and definitions prescribed by the Central Bank of SriLanka and Companies Act no 07 of 2007.
  2. the information contained in these statements have been extracted from the unaudited financial statements of the Nation Lanka Finance PLC unless indicated as audited.

Nation Lanka Finance PLC

Statement of Profit or Loss and Other Comprehensive Income

Company

Group

Quarter ended

Quarter ended

Twelve months

Twelve months

Quarter

Quarter ended

Twelve months

Twelve months

31st March

31st March

ended 31st March

ended 31st March

ended 31st

31st March

ended 31st March

ended 31st March

2024

2023

2024

2023 (Audited)

March 2024

2023

2024

2023 (Audited)

Rs. '000'

Rs. '000'

Rs. '000'

Rs. '000'

Rs. '000'

Rs. '000'

Rs. '000'

Rs. '000'

Interest income

205,710

309,656

1,662,093

1,133,729

Interest expense

(369,501)

(370,072)

(1,950,982)

(1,300,109)

Net interest income

(163,791)

(60,415)

(288,888)

(166,380)

Net income / (loss) on property development

-

-

514

-

Fee and commission income

5,694

9,254

24,665

8,058

Net fair value gains/(losses) from financial instruments

at fair value through profit or loss

9,895

(10,120)

3,609

5,016

-

Change in fair value of investment property

-

4,545

-

109,664

-

Other operating income

(8,314)

120,858

308,613

282,336

Collection from contracts previously written off

13,309

2,585

30,129

13,425

Total operating income

(143,208)

66,707

78,642

252,119

Impairment for loans and other losses

(6,732)

75,246

147,760

(454,688)

Net operating income

(149,940)

141,952

226,402

(202,569)

Operating Expenses

205,710

309,656

1,662,093

1,133,729

(369,501)

(370,072)

(1,950,982)

(1,300,109)

(163,791)

(60,415)

(288,888)

(166,380)

-

514

-

5,694

9,254

24,665

8,058

9,895

(10,120)

3,609

5,016

-

4,545

-

109,664

(8,314)

120,858

308,613

282,336

13,309

2,585

30,129

13,425

(143,208)

66,707

78,642

252,119

(6,732)

75,246

147,760

(454,688)

(149,940)

141,952

226,402

(202,569)

Personnel Costs

(236,152)

(86,172)

(751,608)

(339,390)

(236,152)

(86,172)

(751,608)

(339,390)

Premises Equipment & Establishment Expenses

(109,777)

(27,344)

(426,541)

(167,739)

(109,777)

(27,344)

(426,541)

(167,739)

Other Overhead Expenses

(67,079)

(117,378)

(505,894)

(299,221)

(67,079)

(117,378)

(505,894)

(299,221)

Other Finance Cost

(483)

(634)

(3,418)

(2,422)

(483)

(634)

(3,418)

(2,422)

Total Operating Expenses

(413,492)

(231,528)

(1,687,461)

(808,772)

(413,492)

(231,528)

(1,687,461)

(808,772)

Operating profit / ( loss) before VAT

(563,432)

(89,576)

(1,461,058)

(1,011,341)

(563,432)

(89,576)

(1,461,058)

(1,011,341)

Vat on financial services

(30,967)

(805)

(30,967)

(3,221)

(30,967)

(805)

(30,967)

(3,221)

Operating profit / (loss) after VAT

(594,398)

(90,381)

(1,492,025)

(1,014,562)

(594,398)

(90,381)

(1,492,025)

(1,014,562)

Tax expenses

-

113,684

-

103,422

-

110,733

-

103,422

Profit / (loss) for the period

(594,398)

23,304

(1,492,025)

(911,140)

(594,398)

20,352

(1,492,025)

(911,140)

Other comprehensive income

-

-

-

(3,288)

-

-

-

(3,288)

Total comprehensive income

(594,398)

23,304

(1,492,025)

(914,428)

(594,398)

20,352

(1,492,025)

(914,428)

Profit / (Loss) attributable to

Equity holders of the company

(594,398)

20,352

(1,492,025)

(911,140)

Non controlling interest

-

-

-

-

(594,398)

20,352

(1,492,025)

(911,140)

Total comprehensive income attributable to

Equity holders of the company

(594,398)

20,352

(1,492,025)

(914,428)

Non controlling interest

-

-

-

-

(594,398)

20,352

(1,492,025)

(914,428)

Basic earnings per ordinary share

(0.00)

0.00

(0.00)

(0.00)

(0.00)

0.00

(0.00)

(0.00)

Company

Balance as at 01.04.2022

Right issue of shares

Profit / (loss) for the year

Other comprehensive income for the year Balance as at 31.03.2023

Balance as at 01.04.2023

Addition on Merger

Profit / (loss) for the year

Other comprehensive income for the year Balance as at 31.03.2024

Group

Balance as at 01.04.2022

Right issue of shares

Profit / (loss) for the year

Other comprehensive income for the year Balance as at 31.03.2023

Balance as at 01.04.2023

Addition on Merger

Profit / (loss) for the year

Other comprehensive income for the year Balance as at 31.03.2024

Nation Lanka Finance PLC

Statement of Changes in Equity as at 31st March 2024

Stated

Fair Value

Reserve

General

Retained

Minority

Total

Capital

Reserve

Fund

Reserve

Profit

Interest

Equity

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

1,224,042

(91,340)

131,422

9,000

(544,807)

-

728,317

1,106,031

1,106,031

-

-

-

-

(911,140)

-

(911,140)

-

2,385

-

-

(5,673)

-

(3,288)

2,330,073

(88,955)

131,422

9,000

(1,461,620)

-

919,919

2,330,073

(88,955)

131,422

9,000

(1,461,620)

-

919,919

1,254,280

198,350

80,506

290

96,180

1,629,606

-

-

-

-

(1,492,025)

-

(1,492,025)

-

-

-

-

-

-

-

3,584,353

109,395

211,928

9,290

(2,857,465)

-

1,057,500

1,224,042

(91,340)

131,422

9,000

(544,235)

-

728,889

1,106,031

1,106,031

-

-

-

-

(911,140)

-

(911,140)

-

2,385

-

-

(5,673)

-

(3,288)

2,330,073

(88,955)

131,422

9,000

(1,461,048)

-

920,491

2,330,073

(88,955)

131,422

9,000

(1,461,048)

-

920,491

1,254,280

198,350

80,506

290

95,607

1,629,033

-

-

-

-

(1,492,025)

-

(1,492,025)

-

-

-

-

-

-

-

3,584,353

109,395

211,928

9,290

(2,857,466)

-

1,057,500

Nation Lanka Finance PLC

Statement of Cash Flows

Company

Group

Rs. '000'

Rs. '000'

For twelve months ended 31st March 2024

2024

2023 (Audited)

2024

2023 (Audited)

Cash Flow from Operating Activities

Profit/(Loss) before Income Tax Expense

(1,492,025)

(1,014,562)

(1,492,025)

(1,014,562)

Adjustments for

Net fair value gains/(losses) from financial instruments Measured at FVTPL

(3,609)

(5,016)

(3,609)

(5,016)

Dividend Income

(13,971)

(10,349)

(13,971)

(10,349)

Depreciation and amortization

54,785

15,853

54,785

15,853

Amortization of ROU assets

(135,858)

43,698

(135,858)

43,698

Interest expense on lease liability

140,046

14,808

140,046

14,808

Interest Expenses

1,950,982

1,285,301

1,950,982

1,285,301

Interest income on Government Securities

133,929

(116,365)

133,929

(116,365)

Interest income from advances given to Kanrich Finance PLC

121,884

(121,884)

121,884

(121,884)

Impairment of Loans and Receivables

(147,760)

454,684

(147,760)

454,684

Provision for imapairment of Trade and other receivables

(59)

-

(59)

Provision for fall in value of Real Estate Stock

-

(15,102)

-

(15,102)

Change in Fair Value of Investment Property

(210,928)

(109,665)

(210,928)

(109,665)

Provision / (Reversal) for Retiring Benefit Obligations

40,820

(3,788)

40,820

(3,788)

Profit on disposal of Property , Plant & Equipment

(1,173)

(35)

(1,173)

(35)

Impairment of other investments

(4,708)

64

(4,708)

64

Operating Profit Before Working Capital Changes

432,413

417,583

432,413

417,583

Working Capital Changes

Increase in Other Assets

(17,818)

(17,818)

Decrease/(Increase) in Financial Assets at Amortized cost

613,937

(192,743)

613,937

(192,743)

Decrease/(Increase) in Investment in Real Estate

(169,451)

-

(169,451)

-

Decrease/(Increase) in Related Party Receivables

763,103

(759,952)

763,103

(759,952)

Decrease/(Increase) in Trade and Other Receivables

(171,965)

(7,634)

(171,965)

(7,634)

Increase/(Decrease) in Related Party Payables

-

(104)

-

(104)

Increase/(Decrease) Trade & Other Payables

689,471

(110,808)

689,471

(110,808)

Increase/(Decrease) Financial Liabilities at amortized cost -due to depositors

215,353

912,193

215,353

912,193

Cash from Operations

2,372,861

240,716

2,372,861

240,716

Income Tax Paid

(108,072)

(11,804)

(108,072)

(11,804)

Interest expenses paid

(1,950,982)

(1,172,794)

(1,950,982)

(1,172,794)

Retiring Gratuity Paid

(18,143)

(3,787)

(18,143)

(3,787)

Net Cash generated from Operating Activities

295,664

(947,669)

295,664

(947,669)

Cash Flow from Investing Activities

Proceeds from Sale of Property, Plant & Equipment

1,173

35

1,173

35

Acquisition of Property, Plant & Equipment

(147,695)

(38,428)

(147,695)

(38,428)

Acquisition of Intangible Assets

(12,911)

(420)

(12,911)

(420)

Advanced to purchase gold articles to Kanrich Finance Ltd

1,000,000

(1,000,000)

(1,000,000)

Net proceed from government securities

(757,536)

(742,746)

(757,536)

(742,746)

Dividend Income received from other investments

13,971

896,537

13,971

896,537

Acquisition of Financial Assets Measured at FVTPL

10,349

10,349

Investment in Deposits with Licensed Commercial Banks

(73,747)

(58,649)

(73,747)

(58,649)

Net Cash used in Investing Activities

23,257

(933,322)

(976,743)

(933,322)

Cash Flow from Financing Activities

Repayment of Loans

356,516

(712,758)

356,516

(712,758)

Right Issue of Shares

1,106,031

1,106,031

Proceeds from Borrowings

940,834

-

940,834

Lease rental payments

(4,188)

(35,785)

(4,188)

(35,785)

Repayment of Subordinated Debentures

-

-

-

Net Cash generated from Financing Activities

352,328

1,298,323

352,328

1,298,323

Increase/(Decrease) in Cash & Cash Equivalents

671,249

(567,566)

(328,751)

(582,668)

Cash & Cash Equivalents at the Beginning of the Year

(533,586)

54,021

(533,586)

54,021

Cash & Cash Equivalents at the End of the year

137,663

(513,545)

(862,337)

(528,647)

Reconciliation of Cash & Cash Equivalents

Cash in Hand & at Bank

247,952

80,351

247,952

80,351

Bank Overdraft

(110,289)

(593,896)

(110,289)

(593,896)

137,663

(513,545)

137,663

(513,545)

10

Nation Lanka Finance PLC

Selected Performance Indicators (as per regulatory reporting)

As at 31st March

As at 31st March 2023

2024

(Audited)

'000'

'000'

Regulatory Capital Adequacy

Core capital ( Tier 1 capital)

646,180

500,699

Total capital base

1,057,500

919,919

Minimum 8.5%

Minimum 8.5%

Core capital adequacy ratio , as % of risk weighted assets

-3.04%

-3.14%

Minimum 12.5%

Minimum 12.5%

Total capital adequacy ratio , as % of risk weighted assets

-2.00%

-2.17%

Asset Quality ( Quality of loan portfolio)

Gross Non -Performing Accommodations

5,730,365

3,129,222

Gross Non -Performing Accommodations %

74%

54%

Regulatory Liquidity

Required minimum amount of liquid assets

657,376

635,456

Available amount of liquid assets

1,280,157

521,282

Nation Lanka Finance PLC

Segment Information

Lending

Twelve months ended

Twelve months ended

31st March 2023

31st March 2024

(Audited)

Rs. '000'

Rs. '000'

Interest income

1,662,093

1,133,729

Interest expense

(1,950,982)

(1,300,109)

Net interest income

(288,888)

(166,380)

Net income / (loss) on property development

514

-

Fee and commission income

24,665

8,058

Net fair value gains/(losses) from financial instruments

at fair value through profit or loss

3,609

5,016

Change in fair value of investment property

-

109,664

Other operating income

308,613

282,336

Collection from contracts previously written off

30,129

13,425

Total operating income

78,642

252,119

Impairment for loans and other losses

147,760

(454,688)

Net operating income

226,402

(202,569)

Operating Expenses

Personnel Costs

(751,608)

(339,390)

Premises Equipment & Establishment Expenses

(426,541)

(167,739)

Other Overhead Expenses

(505,894)

(299,221)

Other Finance Cost

(3,418)

(2,422)

Total Operating Expenses

(1,687,461)

(808,772)

Operating profit / ( loss) before VAT

(1,461,058)

(1,011,341)

Vat on financial services

(30,967)

(3,221)

Operating profit / (loss) after VAT

(1,492,025)

(1,014,562)

Tax expenses

-

103,422

Profit / (loss) for the period

(1,492,025)

(911,140)

Other comprehensive income

-

-

Total comprehensive income

(1,492,025)

(911,140)

Inter segment revenue

-

-

Revenue from external customers

78,642

252,119

Segment assets

9,676,918

8,819,086

Segment liabilities

8,885,004

8,014,367

Real Estate

Twelve months

Twelve months

ended 31st March

ended 31st March

2024

2023 (Audited)

Rs. '000'

Rs. '000'

-

-

-

-

-

-

514

-

-

-

-

-

-

-

-

-

-

-

514

-

-

-

514

-

-

-

-

-

-

-

-

-

-

-

514

-

-

-

514

-

-

-

514

-

-

-

514

-

-

-

514

-

288,359

118,908

22,773

3,136

Nation Lanka Finance PLC

Analysis of Financial Instruments by measurement basis

The following table shows the carrying amounts and fair values of financial assets and financial liabilities, including their levels in the fair value hierarchy. It also includes details relating to non financial assets and liabilities.

Carrying values

Fair value

Company

Rs. '000'

Rs. '000'

Fair Value

Fair Value

Through Other

Other

Through Profit

Comprehensive

financial

Total carrying

As at 31st March 2024

or Loss

Amortized Cost

Income

liabilities

amount

Level 1

Level 2

Level 3

Total

Financial assets measured at fair value

Financial Assets Recognized Through Profit or

Loss-Measured at fair value

70,116

-

-

-

70,116

70,116

-

-

70,116

Financial Assets Measured at FVTOCI

-

-

43,244

-

43,244

-

-

43,244

43,244

Investment property

-

-

-

-

-

-

-

1,496,829

1,496,829

Financial assets not measured at fair value

Financial Assets Measured at Amortized Cost

- Loans and Advances

-

4,367,338

-

-

4,367,338

-

-

-

-

- Debt and Other Instruments

-

1,189,998

-

-

1,189,998

-

-

-

-

Trade & Other Receivables

-

383,266

-

-

383,266

-

-

-

-

Amounts Due From Related Parties

-

-

-

-

-

-

-

-

-

Deposits With Licensed Commercial Banks

-

458,387

-

-

458,387

-

-

-

-

Cash and Cash Equivalents

-

247,952

-

-

247,952

-

-

-

-

70,116

6,646,941

43,244

-

6,760,301

70,116

-

1,540,073

1,610,189

Financial liabilities not measured at fair value

Due to Banks and Financial Institutions

-

-

-

110,289

110,289

-

-

-

-

Financial Liabilities at amortized cost-due to depositors

-

-

-

6,482,709

6,482,709

-

-

-

-

Amounts Due To Related Parties

-

-

-

509

509

-

-

-

-

Other Borrowings

-

-

-

1,173,705

1,173,705

-

-

-

-

Trade & Other Payables

-

-

-

818,914

818,914

-

-

-

-

-

-

-

8,586,125

8,586,125

-

-

-

-

Carrying values

Fair value

Group

Rs. '000'

Rs. '000'

Fair Value

Fair Value

Through Other

Other

Through Profit

Comprehensive

financial

Total carrying

As at 31st March 2024

or Loss

Amortized Cost

Income

liabilities

amount

Level 1

Level 2

Level 3

Total

Financial assets measured at fair value

Financial Assets Recognized Through Profit or

Loss-Measured at fair value

70,116

-

-

-

70,116

70,116

-

-

70,116

Financial Assets Measured at FVTOCI

-

-

43,244

-

43,244

-

-

43,244

43,244

Investment property

-

-

-

-

-

-

-

1,496,829

1,496,829

Financial assets not measured at fair value

Financial Assets Measured at Amortized Cost

- Loans and Advances

-

4,367,338

-

-

4,367,338

-

-

-

-

- Debt and Other Instruments

-

1,189,998

-

-

1,189,998

-

-

-

-

Trade & Other Receivables

-

383,266

-

-

383,266

-

-

-

-

Amounts Due From Related Parties

-

-

-

-

-

-

-

-

-

Deposits With Licensed Commercial Banks

-

458,387

-

-

458,387

-

-

-

-

Cash and Cash Equivalents

-

247,952

-

-

247,952

-

-

-

-

70,116

6,646,941

43,244

-

6,760,301

70,116

-

1,540,073

1,610,189

Financial liabilities not measured at fair value

Due to Banks and Financial Institutions

-

-

-

110,289

110,289

-

-

-

-

Financial Liabilities at amortized cost-due to depositors

-

-

-

6,482,709

6,482,709

-

-

-

-

Amounts Due To Related Parties

-

-

-

509

509

-

-

-

-

Other Borrowings

-

-

-

1,173,705

1,173,705

-

-

-

-

Trade & Other Payables

-

-

-

818,914

818,914

-

-

-

-

-

-

-

8,586,125

8,586,125

-

-

-

-

Explanatory Notes

Interim Financial Statements

  1. There are no significant changes in the accounting policies and methods of computation since the publication of financial statements in the annual report for the year 2022/2023.
  2. The interim financial statements for Twelve months ended 31st March 2024 are drawn up from unaudited accounts of the company , its subsidiary company Nation Micro Investment Ltd .
  3. The interim financial statements are in compliance with the Sri Lanka Accounting Standard - LKAS 34:
    Interim Financial Reporting and the provisions of the Companies act No 07of 2007 and provide the information as required in terms of Rule 7.4 of the Colombo Stock Exchange.
  4. There have been no material events subsequent to the reporting date , which require adjustments to or disclosures in the interim financial statements.
  5. Comparative figures and phrases have been re-arranged where ever necessary to conform to the current

year's presentation.

  1. There was no liability for management fees or any other similar expenditure as at the balance sheet date.
  2. The company has already engaged with the Lanka Rating Agency and it is inline in the process of obtaining rating for the merger entity with Kanrich Finance Ltd.
  3. There are no other related party transactions within the interim period other than the repayment of credit facilities mentioned in the Annual Report of 2022/2023.
  4. The float adjusted market capitalization of the company falls under option V of rule 7.13.1 (a), of the Listing

Rules of the Colombo Stock Exchange and the company has complied with the minimum public holding requirement applicable under the said option.

Total number of shareholders

14,002

Public holding percentage

23.21%

Total number of public shareholders

13,999

Float adjusted market capitalization

649,580,501

Number of shares representing entity's stated capital

2,798,709,614

10. Information on ordinary shares of the company

Share prices for the period from 1st of January to 31st March 2024

2024

2023

Highest

0.4

0.6

Lowest

0.4

0.4

31st March

0.4

0.4

11. Monetary board of Central Bank of SriLanka has imposed a cap on deposits and lending with effect from 30th September 2019.

Nation Lanka Finance PLC

Top Twenty Shareholders as at 31st March 2024

No

Name of shareholder

No of shares

Percentage

1

Singhe Capital Investment Limited

2,673,696,955

38.22

2

Mutual Holdings Limited

1,733,308,467

24.77

3

Mr. V R Ramanan

965,842,690

13.8

4

First Capital Limited

261,167,368

3.73

5

Dunamis Capital PLC

228,466,987

3.27

6

Mr. A J C Senathipathy

154,835,302

2.21

7

DFCC Bank PLC/ Mr. U H Dharmadasa

129,904,407

1.86

8

Ceyoka (Pvt) Ltd

107,892,355

1.54

9

Mr. H K J Dharmadasa

87,536,211

1.25

10

Mrs.T D Sellahewa

63,914,641

0.91

11

Mr. D M Siriwardhana

46,369,979

0.66

12

Mr. D S I Weerasinghe

46,369,947

0.66

13

Mr. J Rudra

40,352,922

0.58

14

Mr. K H Soorasena

32,257,355

0.46

15

Mrs. N D P Jayatunga

28,370,408

0.41

16

Central Investments & Finance PLC

26,881,118

0.38

17

Mrs. Y Tetsuro

22,580,148

0.32

18

Mr. S K Liyanage

19,488,732

0.28

19

Hatton National Bank PLC/Mr. R E Rambukwella

12,500,000

0.18

Mr. R E Rambukwella

347,001

20

D M Meegaswatte

11,324,622

0.16

6,693,407,615

95.65

Total Number of Shareholders

14,002

Nation Lanka Finance PLC

Directors Shareholding as at 31st March 2024

No.

Name

No of shares

Percentage

1

Mr. V R RAMANAN

965,842,690

13.8

2

Mr. A G M PRIYANTHA

-

-

3

Mrs. S A WICKRAMASINGHE

-

-

4

Mrs. K G D W K BANDARA

-

-

5

Mr. N W M GUNAWANSHA

6

Mr. U R SENEVIRATHNE

7

Mrs. L M M JAYAWICKREMA

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Nation Lanka Finance plc published this content on 15 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2024 12:09:34 UTC.