📈 Durga Infra Boosts Stake in Hatton Plantations to 12.5%

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• Transaction Overview: Durga Infra Ltd. acquired 10.25 million ordinary voting shares of Hatton Plantations PLC on May 6, 2026. The purchase was executed at a price of Rs. 25.60 per share. • Investment Value: The total transaction is valued at approximately Rs. 262.3 million. • Shareholding Shift: Prior Stake: 19.34 million shares (8.17%). Current Stake: 29.58 million shares (12.5%) of the 236.67 million total issued shares. • Market Context: The purchase price of Rs. 25.60 sits at a premium relative to the company’s net asset value of Rs. 22.40 per share reported as of December 2025. • Major Shareholders: Despite this increase, Lotus Renewable Energy Ltd. remains the majority shareholder (75.65%), followed by Regency Teas Ltd. (12.28%). • Economic Impact: This move signals continued investor confidence in the plantation and tea sectors, which remain vital for Sri Lanka's export earnings and rural employment.

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