Durga Infra raises Hatton Plantations stake to 12.5% with Rs. 262 m share purchase

Monday, 11 May 2026 00:20 - - {{hitsCtrl.values.hits}}

Durga Infra Ltd., has increased its stake in Hatton Plantations PLC to 12.5% following the purchase of 10.25 million ordinary voting shares in the plantation company.

Durga Infra Ltd., purchased 10,245,384 ordinary shares of Hatton Plantations PLC at Rs. 25.60 per share on 6 May. The transaction is valued at approximately Rs. 262.3 million.

Prior to the transaction, Durga Infra Ltd., held 19.34 million ordinary shares in Hatton Plantations PLC, representing an 8.17% stake in the company.

Following the latest acquisition, the company’s total holding has increased to 29.58 million ordinary shares, equivalent to 12.5% of Hatton Plantations’ issued share capital of 236.67 million shares.

The company reported net assets of Rs. 22.40 per share as of end-December 2025.

Lotus Renewable Energy Ltd., was the biggest shareholder with a 75.65% stake, followed by Regency Teas Ltd., with 12.28%.