š Lanka IOC PLC Successfully Concludes 24th AGM, Reaffirms Growth Plans
⢠Overall Event & Governance: Lanka IOC PLC held its 24th Annual General Meeting (AGM) on July 9, 2026. Shareholders approved the Audited Financial Statements for the financial year ended March 31, 2026, alongside dividend declarations, the re-election of Directors, and the appointment of External Auditors. ⢠Performance & Operations: Despite challenges from global geopolitical uncertainties, volatile international energy markets, and shifting domestic conditions, the company maintained an uninterrupted supply of petroleum products across Sri Lanka while strengthening its operational capabilities. ⢠Strategic Focus & Diversification: Key future priorities highlight investments in digital transformation, retail network expansion, and the growth of the lubricants and petrochemical businesses. ⢠Sustainability & National Role: The company is pursuing sustainable energy opportunities, including renewable energy projects and electric vehicle charging infrastructure via strategic partnerships. The initiatives aim to support Sri Lanka's energy security and contribute to national economic development.