Partial Stake Sale in Hatton Plantations PLC 📈

• Hatton Plantations PLC's parent company, Lotus Renewable Energy Ltd., sold a partial stake of 3.56% (over 8.4 million ordinary shares) to Durga Infra Ltd. • The transaction was valued at Rs. 247.9 million, executed at a price of Rs. 29.40 per share. • Post-divestment: Lotus Renewable Energy remains the top shareholder. Durga Infra is likely to become the third-highest shareholder in the plantation firm. • Context: The sale price of Rs. 29.40 per share is above the Net Asset Value per share of Rs. 21.64 reported as of 30 June 2025, signaling market interest in the tea and plantation sector asset.