📈 Senthilverl Holdings Crosses 10% Stake in Lee Hedges

Senthilverl Holdings Ltd. has increased its stake in Lee Hedges PLC to 10.10%, crossing the major shareholding threshold following a series of share purchases. This comes amidst a broader takeover move for the real estate company. • Ownership Milestone: Senthilverl Holdings acquired over 100,000 shares on January 19 at prices between Rs. 247.75 and Rs. 255. This raised its total holding to 2,584,777 shares (up from 9.69%). • Takeover Context: A Mandatory Offer has been triggered by Lanka Realty Investments PLC (LRI) to purchase the remaining 28.9% stake (approx. 7.4 Mn shares) at Rs. 216 per share. • Strategic Consolidation: LRI, acting in concert with Mauritius-based Eighth Wonder (which recently bought a 20.1% stake), now controls a combined 71.1% of the company. • Market Position: Lee Hedges PLC, a key player in Colombo's commercial property and real estate sector, has an issued share capital of 25.6 Mn shares. Its stock closed at Rs. 235.50, significantly higher than the mandatory offer price. _Note: Based on recent CSE filings and market disclosures as of Jan 23, 2026._