Merchant Bank of Srilanka PLC

Merchant Bank of Srilanka PLC

The Merchant Bank of Srilanka PLC announced to Colombo Stock Exchange that the Company’s Board of Directors has accepted an offer made by a consortium of Investors led by Navara Capital Pvt Ltd to Purchases 68% of MBSL Saving Bank Limited.

The Acquisitions comprising of 87,185,520 Ordinary Voting Share and 100,000,000 Ordinary Non Voting share.

Nature of Shares

No of Shares

Value of Shares


Ordinary Voting Share     87,185,520LKR 3.75LKR 326,945,700.00
Ordinary Non Voting Shares     100,000,000LKR 2.35LKR 235,000,000.00
Total Considerations  LKR 561,945,700.00

 The Above Investment subject to the Central bank Approvals.

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