Poging GOUD - Vrij

Edible oil specialist Venkadeshwara Agro Industry plans CSE listing

Daily FT

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July 14, 2025

IPO planned in Q4 2025 to raise Rs. 800 m to Rs. 1 b Northern Province based firm operates one of the largest edible oil manufacturing and solvent extraction plants in Sri Lanka, with 17,000 tons annual oil refining capacity and 30,000 tons solvent extraction capacity Recipient of Rs. 100 m Grant under World Bank Sri Lanka Agriculture Sector Modernisation Project

EDIBLE oil specialist Venkadeshwara Agro Industry (VAI) has announced plans to list on the Colombo Stock Exchange (CSE) in the fourth quarter of this year to raise around Rs. 800 million to Rs. 1 billion.

“We are excited about the prospect of becoming the first entity incorporated and operating in the Northern Province to be listed on the Colombo Stock Exchange. We have appointed Corporate Finance Advisor Atarah Capital as Manager to the IPO," said VAI Managing Director Suganthon Managing Director.

MEER VERHALEN VAN Daily FT

Daily FT

Daily FT

LOLC Group drives Ceylon Motor Show 2025 as exclusive sponsor

THE LOLC Group, has announced its partnership as the exclusive Sponsor of the Ceylon Motor Show 2025, largest and only international-standard automotive exhibition in the country.

time to read

2 mins

October 14, 2025

Daily FT

Daily FT

South Africa hold nerve to beat Bangladesh in classic thriller

ICC WOMEN'S CRICKET WORLD CUP

time to read

2 mins

October 14, 2025

Daily FT

Daily FT

Coca-Cola appoints Mario Perera as Country Head for Sri Lanka and Maldives

THE Coca-Cola Company yesterday announced the appointment of Mario Perera as Country Head fo Sri Lanka and the Maldives With over 14 years of experience in the food and beverage (F&B) industry, Mario brings extensive regional and global leadership experience, having managed global brands across multiple countries.

time to read

1 min

October 14, 2025

Daily FT

World Elite acquires 50% Gestetner stake for Rs. 318.7 m

GESTETNER of Ceylon PLC yesterday said that Hong Kong-based World Elite Ltd. has acquired a controlling 50.01% stake in the company through trades executed in the market.

time to read

1 min

October 14, 2025

Daily FT

Daily FT

Court upholds fair access for tourism operators in Samanalawewa

ECO Team Group, the pioneer of canoeing and kayaking in Samanalawewa, has welcomed a recent Court of Appeal ruling reinforcing fair and transparent access to the lake for all tourism operators.

time to read

1 min

October 14, 2025

Daily FT

Daily FT

NDB Bank partners DIMO to expand customer-friendly leasing solutions

NDB Bank recently entered into a Memorandum of Understanding (MoU) with DIMO to extend affordable and accessible leasing facilites to.a wide spectrum of customers.

time to read

1 mins

October 14, 2025

Daily FT

Daily FT

Deutsche Bank says SL at turning point; will step up support

GERMANY'S multinational financial services giant Deutsche Bank last week said with macroeconomic indicators improving Sri Lanka is at a turning point and it will step up being a conduit for global capital, enabling trade and investment.

time to read

2 mins

October 14, 2025

Daily FT

Daily FT

Colombo Port posts Rs. 32 b profit YTD Aug. 2025

SLPA says will reinvest earnings to boost transshipment hub status

time to read

1 min

October 14, 2025

Daily FT

Daily FT

Abans Group Director Dr. Dubash honoured with Visionary Leadership Award

ABANS Group has announced that Group Director Dr. Saroshi Dubash has been recognised with the ‘Visionary Leadership in Organizational Excellence’ Award at the 15th Top 50 Professional & Career Women Global Awards 2025, held at Shangri-La Colombo on 9 October.

time to read

1 mins

October 14, 2025

Daily FT

Daily FT

Indian banks can lend in INR in SL, Bhutan, and Nepal

THE Reserve Bank of India has amended regulations allowing Indian banks to extend loans in Indian rupees (INR) to banks and individuals residing in Sri Lanka, Bhutan, and Nepal.

time to read

1 min

October 14, 2025

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