Rs. 761 m Kotagala Rights Issue oversubscribed

Tuesday, 21 October 2025 05:54 -     - {{hitsCtrl.values.hits}}

Kotagala Plantations PLC has said its Right Issue was oversubscribed, with total subscriptions amounting to Rs. 776.4 million.

The Rights Issue was for over 84.6 million shares at Rs. 9 each to raise Rs. 761.6 million.

The share closed Friday (17) at Rs. 9.80.

The company reported a net asset value per share of Rs. 7.48 as at end-June 2025.

 

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