Dr. Senthilverl ups stake in Cargo Board to 10%

Wednesday, 3 September 2025 00:20 - - {{hitsCtrl.values.hits}}

Senthilverl Holdings Ltd., of high net worth investor Dr. T. Senthilverl, has increased its stake in Cargo Boat Development PLC to 10%.

The crossing of 10% stake was on 29 August when Senthilverl picked up Cargo Boat shares at prices ranging from Rs. 192 and Rs. 200. With the purchases, Senthilverl Holdings’ stake in Cargo Boat was 1.8 million shares or 10.0004%.

As at 30 June 2025, Senthilverl’s holding was 5.3%. The purchasing broker was John Keells Stock Brokers Ltd.

Renuka Properties, Lancaster Holdings, and Renuka Consultants and Services collectively own over 60% stake in Cargo Boat Development PLC.