United Motors (UML) Announces 10-for-1 Share Split 📈

• United Motors Lanka PLC (UML) Board has approved a major 10-for-1 share split, pending regulatory and shareholder approval. • Objective: The split is intended to significantly improve the market liquidity of the company’s stock. • Impact: Issued shares will increase tenfold, from 100.9 million (Mn) to 1.009 billion (Bn), while the stated capital will remain unchanged. • NAV Growth: Group Net Asset Value (NAV) per share was recorded at Rs. 147.52 as of end-September 2025, an increase from Rs. 135.21 six months prior. • Shareholding: RIL Property PLC holds the majority stake with 51%. • Market Close: The share closed Friday down Rs. 7.50 at Rs. 295.50.