Senthilverl ups Lankem Ceylon stake to over 10%

Wednesday, 2 April 2025 00:23 - - {{hitsCtrl.values.hits}}

High net worth but low profile investor Dr. T. Senthilverl, has crossed the 10% stake mark at Lankem Ceylon PLC.

This was following him via Senthilverl Holdings Ltd., purchasing 1.94% stake or 1 million shares at Rs. 85 each last week.

As a result Dr. Senthilverl’s holding in Lankem Ceylon PLC has increased to 10.09% or 5.19 million shares. Previously his holding was 4.19 million or 8.14% stake.

Lankem Ceylon share price yesterday closed at Rs. 85.80 down by Rs. 1.10.

The Colombo Fort Land and Building PLC together with related parties hold around 80% stake in Lankem Ceylon.

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