Vallibel Finance announces Rs. 2.1bn rights issue to strengthen capital base

Vallibel Finance PLC, the finance company controlled by businessman Dhammika Perera, has announced a rights issue to raise approximately Rs. 2.12 billion to strengthen its Tier 1 capital base. 

The Board of Directors resolved on January 9, 2026, to issue up to 29,431,675 new ordinary voting shares, according to a stock filing with the CSE.

The shares will be issued in the proportion of one new ordinary voting share for every eight existing ordinary voting shares held by the shareholders. The shares are priced at Rs. 72 each. The current stated capital of the company stands at Rs. 1.32 billion, represented by 235,453,400 ordinary voting shares as of December 31, 2025. 

(NF)