**Corporate News** ### Reasoning: 1. **Main Subject:** Janashakthi Insurance PLC (a specific company). 2. **Primary Action:** A **1:3 share split** (also known as a subdivision of shares). 3. **Category Fit:** Share splits are fundamental **corporate actions** decided by a company's Board of Directors. According to the predefined categories, "Corporate News" specifically includes corporate strategy, governance, and structural changes like restructuring or spin-offs. Since this is an internal administrative change to the company’s share structure—affecting the number of issued shares without changing the stated capital—it falls under **Corporate News**. 4. **Distinction:** While it affects the stock, it is a company-initiated structural event rather than a report on broad "Market News" (market trends/indices) or a "Product Launch."

📈 Janashakthi Insurance Proposes 1:3 Share Split

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Janashakthi Insurance PLC (JINS) has announced a subdivision of its ordinary shares, aiming to boost liquidity and share affordability on the Colombo Stock Exchange (CSE). • Share Subdivision Details: The Board has recommended a one-for-three (1:3) split. Each existing ordinary share will be subdivided into three new shares. • Impact on Share Volume: The total number of issued shares will triple from 226.5 million to over 679.5 million ordinary shares. • Financial Position: The company confirmed that Stated Capital remains unchanged at over Rs. 4.8 Bn. As of end-September 2025, Net Assets per Share stood at Rs. 81.54. • Market Performance: Following the announcement, JINS shares closed up Rs. 2.00 at Rs. 137.75. The company’s parent, Janashakthi Ltd., maintains a controlling 74.23% stake. • Next Steps: The split is pending concurrence from the CSE and final approval from shareholders at an upcoming Extraordinary General Meeting (EGM). _Note: Based on company disclosure as of February 13, 2026._

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