Hayleys PLC Rights Issue Oversubscribed, Raising Rs. 11.05 Bn 📈

Source

• Core Figures: Hayleys PLC successfully concluded its rights issue, attracting subscriptions worth Rs. 11.05 Bn, significantly exceeding the initial target of Rs. 9.01 Bn. • Issue Details: The company offered 45 million ordinary voting shares at a price of Rs. 200 per share. The issue was first announced on 21 January 2026. • Investor Demand: Total applications reached 55.24 million shares, representing an oversubscription of approximately 22.7%. This highlights strong investor confidence in one of Sri Lanka’s largest diversified conglomerates. • Status: The final figures remain subject to the realization of cheques and standard bank verifications.

Listen to this article

Duration: 0:54