Kerner Haus Global Solutions Proposes 1-for-70 Share Subdivision 📈
The Board of Kerner Haus Global Solutions PLC has recommended a major subdivision of ordinary voting shares to enhance market liquidity, as disclosed to the Colombo Stock Exchange. • Subdivision Ratio: Each existing ordinary voting share will be subdivided into 70 shares. • Share Count: Total issued shares will increase from 600,170 to 42,011,900 shares post-exercise. • Capital Position: The stated capital remains unchanged at Rs. 30.36 Mn. • Market Context: Shares recently traded at Rs. 2,381.50 (down Rs. 74). The company reported net liabilities of Rs. 76 per share as of Dec-2025. • Ownership Structure: Ekta Global Ltd remains the majority shareholder (63.62%), with a public float of 27.40%. The move is subject to CSE concurrence and shareholder approval at an upcoming EGM. Based on provisional CSE disclosures.