SEC defers trading suspension of Softlogic Holdings, Odel

Monday, 17 August 2026 03:56 -     - {{hitsCtrl.values.hits}}

The Securities and Exchange Commission of Sri Lanka (SEC) has deferred the suspension of trading in shares of Softlogic Holdings PLC and its subsidiary Odel PLC until 30 June 2027, following going-concern emphasis of matter in their Independent Auditors’ Reports.

The shares had been due for suspension from 31 August 2026. Softlogic Holdings shares ended yesterday up 60 cents at Rs. 10.40 and Odel ended down 10 cents to Rs. 11.30.

Softlogic Holdings securities had previously been transferred to the watch list on 28 November 2023, 25 April 2024, 16 December 2024 and 16 December 2025 due to emphasis of matter on going concern contained in its Independent Auditor’s Reports for the financial years ended 31 March 2022, 2023, 2024 and 2025, respectively.

Odel’s securities were transferred to the watch list on 6 December 2024 and 15 December 2025 over going-concern emphasis of matter in its Independent Auditor’s Reports for the financial years ended 31 March 2024 and 2025.

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