Rayynor buys more into HNB shares; invests Rs. 1.4 b to up stake to 1.5%

Friday, 6 February 2026 01:36 - - {{hitsCtrl.values.hits}}

Already owns 10% each in Sampath and DFCC, apart from 5% in Seylan and 1% in Commercial

Rayynor Silva

High net worth investor Rayynor Silva yesterday showed his optimism on the financial services industry by buying more into Hatton National Bank PLC (HNB) with an investment of Rs. 1.4 billion.

He picked up 3.5 million HNB shares at Rs. 422 each. Overall, HNB saw 3.6 million of its shares traded for Rs. 1.5 billion before closing at Rs. 422.25, down by Rs. 2.50. The shares Silva bought were just under 0.8%, bringing his holding to 1.5% or 6 million shares.

He already has 10% stake in Sampath Bank, 9.8% in DFCC, and 1% in Commercial Bank. In October 2025, he entered Seylan Bank, acquiring a 5% stake for Rs. 1.5 billion.