Renuka Holdings Streamlines Operations via Subsidiary Amalgamation 📈

Renuka Holdings PLC has announced a strategic internal restructuring to consolidate its agribusiness operations. The move involves the merger of two key entities within its extensive group portfolio. • Amalgamation Details: Renuka Enterprises Ltd will absorb its own subsidiary, Renuka Agro Exports Ltd. The Boards of both companies approved the resolution on 12 February, with the amalgamation set to officially take effect on 20 March 2026. • Sector Impact: The consolidation focuses on the Agri Food Exports sector. Renuka Agro Exports is a pioneer in value-added coconut products and ethnic foods (spices and ready-to-eat mixes), playing a significant role in Sri Lanka’s export economy and rural outgrower networks. • Market Performance: Following the announcement, Renuka Holdings (RHL.N0000) saw its share price rise by Rs. 0.50, closing at Rs. 43.50. • Financial Position: As of 31 December 2025, the Group reported: • Total Assets: Rs. 23.88 Bn (based on provisional data). • Net Assets per Share: Rs. 57.26. The restructuring is expected to enhance operational efficiency within the group’s manufacturing and global marketing arms. _