Market NewsBanking & Financial Services

šŸ“ˆ Senthilverl Holdings Surpasses 10% Stake in Sarvodaya Finance

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• Key Transaction: Senthilverl Holdings purchased 750,000 voting shares of Sarvodaya Development Finance PLC via broker Almas Equities at prices ranging between LKR 39.70 and LKR 41.00 per share on September 9. • Shareholding Breakdown: - Prior Stake: 14,633,597 shares (9.78%) as of September 8 - Post-Acquisition Stake: 15,383,597 shares (10.28%) - Total Issued Capital: 149,596,052 shares • Market Impact & Sector Context: Sarvodaya Development Finance shares traded down 3.41% at LKR 39.60. Increased equity stakes in non-banking financial services highlight continued investor focus on Sri Lanka's diversified financial services sector and micro-finance institutional growth.

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