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Amana Takaful to raise Rs. 1 b via Rights
Daily FT
|February 09, 2026
AMANA Takaful PLC’s Board of Directors has recommended a Rights Issue of ordinary voting shares to strengthen the company’s equity base and improve its Capital Adequacy Ratio (CAR) in line with the Risk-Based Capital framework introduced by the Insurance Regulatory Commission of Sri Lanka.
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Under the proposed Rights Issue, shareholders will be offered three ordinary voting shares for every 14 existing ordinary voting shares held, at a price of Rs. 19 per share.
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