### 📈 Ceylon Land to Invest Rs. 1.7 Bn in Shaw Wallace & Hedges

Ceylon Land & Equity PLC has approved a major capital infusion into Shaw Wallace & Hedges Ltd, an unlisted entity, through a strategic Rights Issue. • Investment Details Total Investment: Rs. 1.7 Billion. Voting Shares: 86.32 million shares at Rs. 17 each (Rs. 1.47 Bn). Non-Voting Shares: 21.5 million shares at Rs. 11 each (Rs. 236.5 Mn). • Ownership Impact The investment increases Ceylon Land’s total stake to 49.2% of issued ordinary shares. Post-transaction, it will hold 43.6% of voting power and 100% of all non-voting shares. Funding will be secured via internal cash reserves, temporary bank financing, and group borrowings. • Corporate & Market Context Ceylon Land & Equity focuses on property, equity, and debt investments, operating under the Renuka Group umbrella. Financial Health: As of Sept 2025, the company reported a Rs. 4.1 Bn balance sheet with Rs. 2 Bn in retained earnings and zero reported borrowings. Stock Performance: Shares closed at Rs. 12 (down Rs. 0.10) with 567,854 shares traded; net asset value stands at Rs. 13.44 per share.