Kapruka injects Rs. 41.5 m into e-commerce subsidiary

Wednesday, 13 May 2026 11:57 - - {{hitsCtrl.values.hits}}

Kapruka Holdings PLC has invested Rs. 41.5 million in its fully-owned subsidiary Kapruka E-Commerce Ltd., to support working capital requirements and expand its delivery infrastructure through electric vehicle acquisitions.

The company said its Board of Directors had approved, via a circular resolution dated 11 May 2026, the subscription of 883,203 ordinary voting shares in Kapruka E-Commerce for a total consideration of Rs. 41,510,541.

The shares were issued at Rs. 47 each. Kapruka said the funds would be utilised to strengthen the operational infrastructure of the e-commerce business, including the acquisition of electric vehicles for its delivery fleet, in line with the company’s sustainability and cost optimisation strategy.

The company stated that the investment is expected to improve operational efficiency, support environmentally sustainable logistics solutions, and strengthen the Group’s long-term growth prospects.

The transaction had been approved at an Extraordinary General Meeting held on 27 January 2026. Kapruka Holdings’ shares closed yesterday 10 cents on the up at Rs. 27.60. The company reported assets of Rs. 5.20 a share as at end-March 2026.