Tuesday Feb 17, 2026
Tuesday Feb 17, 2026
Monday, 16 February 2026 03:06 - - {{hitsCtrl.values.hits}}
Related companies CT Holdings PLC and Cargills (Ceylon) PLC have disposed of a combined 10.05% stake in Cargills Bank PLC in the market.
Cargills Ceylon has disposed of a 6.05% stake in Cargills Bank PLC for Rs. 509.3 million and CT Holdings disposed of a 4% stake for Rs. 337.5 million.
The shares were traded in the market between Rs. 8.90 and Rs. 9.70 a share.
As of end-September 2025, Cargills (Ceylon) PLC held a 37.09% stake in the bank as the biggest shareholder, followed by CT Holdings PLC’s 23.62% stake, with the public holding at 39.14%.
The Central Bank of Sri Lanka (CBSL) has issued a directive to Cargills Bank PLC to significantly reduce the voting stake of its related major shareholders, the Cargills group (Cargills Ceylon and CT Holdings) to 15% by the end of 2029.
