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Janashakthi Limited – initial public offer 2026 – response to concerns regarding basis of allotment to non-retail investors

· Issued by Janashakthi Limited via Colombo Stock Exchange

Filed with CSE · · 1 page · English

When approval was sought for the IPO in or around early February 2026, market sentiment was hugely positive, as reflected by the level of transactions and volumes on the share market at the time. However, following finalization of the IPO, there was a drastic shift in market sentiment due to the ongoing events in Middle East, leading to grave concerns on the eventual success of the IPO. For and on

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