RENUKA HOLDINGS PLC
INTERIM FINANCIAL STATEMENTS FOR THE PERIOD ENDED
30TH JUNE 2024
CONTENT:
Operational Review-2
Statement of Profit or Loss and Other Comprehensive Income-3
Statement of Financial Position -4
Statement of Changes in Equity-5
Statement of Cash Flows-6
Segment Analysis-7
Notes to the Financial Statements-8-9
Top 20 Major Shareholders- 10
Corporate Information-11
Operational Review
Interim Financial Statements for the Quarter Ended 30th June 2024
Analysis on Statement of Financial Position
Total Assets
Total Assets of the Group have decreased by Rs. 1.2BN to Rs. 17,772 Mn as at 30th June 2024 from Rs. 19,050 Mn
as at 31st March 2024. Total Non-Current Assets were Rs. 10,812 Mn and Total Current Assets were Rs. 6,960 Mn as at 30th June 2024.
Equity Attributable to Owners of the Company
Equity attributable to owners of the Company has decreased by Rs. 341 Mn to Rs. 8,985 Mn as at 30th June 2024 from Rs. 9,327 Mn as at 31st March 2024.
Net Assets Per Share (NAPS)
The NAPS has decreased to Rs. 47.37 as at 30th June 2024 compared with Rs. 50.45 per share recorded as at 31st March 2024.
Analysis on Statement of Profit or Loss and Other Comprehensive Income
Revenue & Expenses
Group Rrevenue has decreased by 13% to Rs. 3,204 Mn for the quarter ended 30th June 2024 compared to Rs. 3,675 Mn in the corresponding quarter of the previous year. The composition of the Group Revenue for the quarter is 45% from export revenue and 55% from local revenue.
Total direct and other operational expenses have increased by 22% to Rs. 609 Mn for the quarter ended 30th June 2024 compared with Rs.499 Mn in the comparable period in the previous year.
Earnings Before Interest, Tax and Depreciation
The Group reported Earnings Before Interest, Tax and Depreciation amounting to Rs. 69 Mn for the quarter ended 31st March 2024 compared with the Rs. 154 Mn reported in the corresponding quarter of the previous year.
Profit / (Loss) After Tax
The Group reported a Profit of Rs.16 Mn for the quarter ending 30th June 2024 compared with a loss of Rs. 32 Mn in the corresponding quarter of the previous year.
Earnings / (Loss) Per Share
Group Earnings per share was Rs. 0.05 for the quarter ended 30th June 2024 compared to loss per share of Rs. 0.11 in the corresponding quarter of the previous year.
Page 2 of 11 | INTERIM FINANCIAL STATEMENTS |
RENUKA HOLDINGS PLC
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30TH JUNE
Revenue
Cost of Sales
Gross Profit
Other Operating Income
Administrative Expenses
Distribution Expenses
Profit / (Loss) from Operations
Finance Income Finance Cost
Other Financial Items
Net Finance Income / (Cost)
Fair Value Gain / (Loss) on Investments - Measured at Fair through Proft or Loss
Share of Profit / (Loss) of Equity Accounted Investee
Profit / (Loss) before Taxation
Taxation
Profit / (Loss) for the Period
Other Comprehensive Income / (Expense)
Total Comprehensive Income / (Expense) for the Period
Profit / (Loss) Attributable to :
Equity Holder of the Parent
Non Controlling Interest
Profit / (Loss) for the Period
Total Comprehensive Income / (Expense) attributable to : Equity Holder of the Parent
Non Controlling Interest
Total Comprehensive Income / (Expense) for the Period
Earnings / (Loss) Per Share (Rs.)
Dividend Per Share (Rs.)
1 The above figures are provisional and subject to audit. 2 Figures in brackets indicate deductions.
GROUP | ||||
Rs.'000' | Rs.'000' | |||
QUARTER ENDED | PERIOD ENDED | |||
30.06.24 | 30.06.23 | 30.06.24 | 30.06.23 | |
UNAUDITED | UNAUDITED | UNAUDITED | UNAUDITED | |
3,204,259 | 3,675,379 | 3,204,259 | 3,675,379 | |
(2,738,034) | (3,110,655) | (2,738,034) | (3,110,655) | |
466,224 | 564,726 | 466,225 | 564,726 | |
105,369 | 12,637 | 105,369 | 12,637 | |
(364,347) | (187,323) | (364,347) | (187,323) | |
(245,353) | (311,752) | (245,353) | (311,752) | |
(38,105) | 78,289 | (38,105) | 78,289 | |
57,319 | 281,721 | 57,319 | 281,721 | |
(116,606) | (477,653) | (116,606) | (477,653) | |
- | - | - | - | |
(59,287) | (195,931) | (59,287) | (195,931) | |
112,989 | 84,678 | 112,989 | 84,678 | |
- | 730 | - | 730 | |
15,597 | (32,235) | 15,597 | (32,235) | |
- | (41,414) | - | (41,414) | |
15,597 | (73,649) | 15,596 | (73,650) | |
- | - | - | - | |
15,597 | (73,649) | 15,596 | (73,650) | |
9,042 | (19,455) | 9,042 | (19,455) | |
6,555 | (54,195) | 6,555 | (54,195) | |
15,597 | (73,649) | 15,597 | (73,650) | |
9,042 | (19,455) | 9,042 | (19,455) | |
6,555 | (54,195) | 6,555 | (54,195) | |
15,597 | (73,650) | 15,596 | (73,650) | |
0.05 | (0.11) | 0.05 | (0.11) | |
- | - | 0.40 | 0.40 |
COMPANY | ||||
Rs.'000' | Rs.'000' | |||
QUARTER ENDED | PERIOD ENDED | |||
30.06.24 | 30.06.23 | 30.06.24 | 30.06.23 | |
UNAUDITED | UNAUDITED | UNAUDITED | UNAUDITED | |
- | - | - | - | |
- | - | - | - | |
- | - | - | - | |
- | - | - | - | |
(497) | (662) | (497) | (662) | |
- | - | - | - | |
(497) | (662) | (497) | (662) | |
- | 9 | - | 9 | |
- | (259) | - | (259) | |
- | - | - | - | |
- | (250) | - | (250) | |
- | - | - | - | |
- | - | - | - | |
(497) | (912) | (497) | (912) | |
- | - | - | - | |
(497) | (912) | (497) | (912) | |
- | - | - | - | |
(497) | (912) | (497) | (912) | |
(497) | (912) | (497) | (912) | |
- | - | - | - | |
(497) | (912) | (497) | (912) | |
(497) | (912) | (497) | (912) | |
- | - | - | - | |
(497) | (912) | (497) | (912) | |
(0.00) | (0.00) | (0.00) | (0.00) | |
- | - | 0.40 | - |
Page 3 of 11 | INTERIM FINANCIAL STATEMENTS |
RENUKA HOLDINGS PLC
STATEMENT OF FINANCIAL POSITION
GROUP | COMPANY | |||||
AS AT | 30.06.24 | 31.03.24 | 30.06.24 | 31.03.24 | ||
Rs.'000' | Rs.'000' | Rs.'000' | Rs.'000' | |||
UNAUDITED | UNAUDITED | UNAUDITED | UNAUDITED | |||
Assets | ||||||
Non-Current Assets | ||||||
Property, Plant and Equipment | 4,959,989 | 5,006,355 | - | - | ||
Intangible Assets | 188,904 | 188,904 | - | - | ||
Investments Property | 5,361,981 | 5,361,981 | - | - | ||
Right to Use Assets | 124,561 | 125,217 | - | - | ||
Biological Assets | 171,589 | 160,794 | - | - | ||
Investment In Subsidiaries | - | - | 2,705,112 | 2,705,112 | ||
Investment in Equity Accounted Investees | - | - | - | - | ||
Deferred Tax Asset | 5,243 | 5,243 | - | - | ||
Total Non-Current Assets | 10,812,268 | 10,848,494 | 2,705,112 | 2,705,112 | ||
Current Assets | ||||||
Inventories | 2,303,177 | 2,465,332 | - | - | ||
Trade and Other Receivables | 2,790,044 | 2,275,844 | 14 | 14 | ||
Other Current Assets | 149,804 | 6,687 | - | - | ||
Income Tax Refund Due | 5,349 | 13,856 | - | - | ||
Investment - Measured at Fair Value through Profit or Loss | 1,182,921 | 2,361,761 | - | - | ||
Amounts due from Related Companies | - | - | 6,353 | |||
Cash at Bank and Cash in Hand | 334,495 | 301,911 | 1,980 | 3,073 | ||
Short Term Investments in Deposits | 193,925 | 776,549 | - | - | ||
Total Current Assets | 6,959,715 | 8,201,940 | 8,347 | 3,086 | ||
Total Assets | 17,771,983 | 19,050,434 | 2,713,458 | 2,708,198 | ||
Equity and Liabilities | ||||||
Equity | ||||||
Stated Capital | 2,368,479 | 2,368,479 | 2,368,479 | 2,368,480 | ||
Revaluation Reserve | 391,802 | 391,802 | - | - | ||
Capital Reserve | 313,895 | 313,894 | - | - | ||
Retained Earnings | 5,911,152 | 6,253,305 | 326,936 | 327,434 | ||
Equity attributable to owners of the Company | 8,985,328 | 9,327,480 | 2,695,416 | 2,695,913 | ||
Non Controlling Interest | 2,586,611 | 2,228,863 | - | - | ||
Total Equity | 11,571,939 | 11,556,343 | 2,695,416 | 2,695,913 | ||
Non Current Liabilities | ||||||
Deferred Tax Liability | 1,089,829 | 1,027,541 | - | - | ||
Interest Bearing Borrowings Due After One Year | 268,327 | 359,742 | - | - | ||
Non Current Portion of Lease Obligation | 144,070 | 154,834 | - | - | ||
Retirement Benefit Obligations | 132,388 | 133,101 | - | - | ||
Total Non Current Liabilities | 1,634,614 | 1,675,218 | - | - | ||
Current Liabilities | ||||||
Trade and Other Payables | 1,909,006 | 2,633,285 | 3,378 | 3,378 | ||
Other Current Liabilities | 24,960 | 50 | - | 8,311 | ||
Interest Bearing Borrowings Due Within One Year | 2,505,709 | 2,839,920 | - | - | ||
Current Portion of Lease Obligation | 14,235 | 23,334 | - | - | ||
Amount Due from Related Companies | - | - | 14,664 | - | ||
Income Tax Payable | 81,582 | 95,175 | - | - | ||
Bank Overdraft | 29,937 | 227,109 | - | 596 | ||
Total Current Liabilities | 4,565,429 | 5,818,873 | 18,042 | 12,285 | ||
Total Liabilities | 6,200,044 | 7,494,091 | 18,042 | 12,285 | ||
Total Equity & Liabilities | 17,771,983 | 19,050,434 | 2,713,458 | 2,708,198 | ||
Net Assets per Share (Rs.) | 47.37 | 50.45 | 14.21 | 14.58 |
The above figures are provisional and subject to audit.
I certify that the Interim Financial Statements have been prepared in compliance with the requirements of the Companies Act No.7 of
2007. | ||||
Sgd. | ||||
Dilshan Perera | ||||
Chief Financial Officer | ||||
The Board of Directors is responsible for the preparation and presentation of these Financial Statements. | ||||
These Financial Statements were approved and signed for and on behalf of of the Board of Directors of Renuka Holdings PLC. | ||||
Sgd. | Sgd. | |||
S.V.Rajiyah | J. J. B.A. Rajiyah | |||
Director | Director | |||
14.08.2024 | ||||
Page 4 of 11 | INTERIM FINANCIAL STATEMENTS |
RENUKA HOLDINGS PLC
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED | Equity Attributable to Owners of the Company | Non Controlling | Total | |||||
Stated | Revaluation | Capital | Retained | Total | Interest | Equity | ||
Capital | Reserve | Reserve | Earnings | |||||
Rs.000 | Rs.000 | Rs.000 | Rs.000 | Rs.000 | Rs.000 | Rs.000 | ||
COMPANY | ||||||||
Balance as at 1st April 2023 | 2,294,518 | - | - | 332,125 | 2,626,643 | - | 2,626,643 | |
Profit / (Loss) for the period | - | - | - | 69,270 | 69,270 | - | 69,270 | |
Other Comprehensive Income, net of Tax | - | - | - | - | - | - | - | |
Total Comprehensive Income for the period | - | - | - | 69,270 | 69,270 | - | 69,270 | |
Transactions with the owners | ||||||||
Right Issue of Shares | - | - | ||||||
Expense Incurred in relation of Right Issue | - | - | ||||||
Scrip Dividend | 73,961 | - | - | (73,961) | - | - | - | |
Total Transactions with the owners | 73,961 | - | - | (73,961) | - | - | - | |
Balance as at 31st March 2024 | ||||||||
2,368,479 | - | - | 327,433 | 2,695,913 | - | 2,695,913 | ||
Balance as at 1st April 2024 | 2,368,479 | - | - | 327,433 | 2,695,913 | - | 2,695,913 | |
Profit / (Loss) for the period | - | - | - | (497) | (497) | - | (497) | |
Other Comprehensive Income, net of Tax | - | - | - | - | - | - | - | |
Total Comprehensive Income for the period | - | - | - | (497) | (497) | - | (497) | |
Transactions with the owners | ||||||||
Scrip Dividend | - | - | - | - | - | - | - | |
Total Transactions with the owners | - | - | - | - | - | - | - | |
Balance as at 30th June 2024 | ||||||||
2,368,479 | - | - | 326,936 | 2,695,416 | - | 2,695,416 | ||
GROUP | ||||||||
Balance as at 1st April 2023 | 2,294,518 | 391,802 | 313,894 | 6,196,336 | 9,196,550 | 4,036,963 | 13,233,513 | |
Profit for the period | - | - | - | (133,122) | (133,122) | (210,299) | (343,421) | |
Total Comprehensive Income for the period | ||||||||
- | - | - | (133,122) | (133,122) | (210,299) | (343,421) | ||
Acquisition / Disposal of Subsidiary/changes in interest | - | - | - | - | - | (304,578) | (304,578) | |
Dividend Paid | - | - | - | - | - | - | - | |
Changes in ownership interest that do not result in loss of control | - | 264,051 | 264,051 | (1,293,223) | (1,029,172) | |||
Scrip Dividend | 73,961 | - | - | (73,961) | - | - | - | |
Total Transactions with the owners | 73,961 | - | - | 190,090 | 264,051 | (1,597,801) | (1,333,750) | |
Balance as at 31st March 2024 | ||||||||
2,368,479 | 391,802 | 313,895 | 6,253,303 | 9,327,479 | 2,228,863 | 11,556,343 | ||
Balance as at 1st April 2024 | 2,368,479 | 391,802 | 313,895 | 6,253,303 | 9,327,479 | 2,228,863 | 11,556,343 | |
Profit / (Loss) for the period | - | - | - | 9,042 | 9,042 | 6,555 | 15,597 | |
Other Comprehensive Income, net of Tax | - | - | - | - | - | - | - | |
Total Comprehensive Income for the period | - | - | - | 9,042 | 9,042 | 6,555 | 15,597 | |
Acquisition / Disposal of Subsidiary | - | - | - | - | - | - | - | |
Transactions with the owners | ||||||||
Scrip Dividend | - | - | - | - | - | |||
Changes in ownership interest that do not result in loss of control | - | - | - | (351,193) | (351,193) | 351,193 | - | |
Total Transactions with the owners | - | - | - | (351,193) | (351,193) | 351,193 | - | |
Balance as at 30th June 2024 | ||||||||
2,368,479 | 391,802 | 313,895 | 5,911,152 | 8,985,328 | 2,586,611 | 11,571,939 | ||
1 The above figures are provisional and subject to audit. | ||||||||
2 Figures in brackets indicate deductions | ||||||||
Page 5 of 11 | INTERIM FINANCIAL STATEMENTS |
RENUKA HOLDINGS PLC | ||||||||
SEGMENT ANALYSIS | ||||||||
Amounts in Rs'000 | ||||||||
AGRI FOOD EXPORTS CONSUMER BRANDS | PROPERTY & | GROUP TOTAL | ||||||
INVESTMENT | ||||||||
FOR THE YEAR ENDED 30TH JUNE | 2024 | 2023 | 2024 | 2023 | 2024 | 2023 | 2024 | 2023 |
Revenue | 1,466,544 | 1,332,340 | 1,847,888 | 2,486,434 | 57,173 | 30,346 | 3,371,605 | 3,849,120 |
Intra Segment Revenue | (167,310) | (153,995) | (36) | (10,171) | - | (9,575) | (167,346) | (173,741) |
Segment Revenue | 1,299,234 | 1,178,345 | 1,847,852 | 2,476,263 | 57,173 | 20,771 | 3,204,259 | 3,675,379 |
Segment Results | (97,044) | (164,083) | (66,316) | (52,798) | 178,956 | 142,501 | 15,596 | (74,380) |
Share of Profit of Equity Accounted Investees | 730 | 730 | ||||||
Profit / (Loss) for the period after Tax | (97,044) | (164,083) | (66,316) | (52,798) | 178,956 | 143,231 | 15,596 | (73,650) |
Amounts in Rs'000 | ||||||||
AS AT |
30.06.24 31.03.24
30.06.24 31.03.24
30.06.24 31.03.24
30.06.24 31.03.24
Segment Assets
6,463,727 6,960,105
4,989,289 5,179,436
6,318,967 6,910,893
17,771,983 19,050,434
Segment Liabilities
3,632,941 3,404,577
2,283,238 2,554,742
283,865 1,534,772
6,200,044 7,494,091
1 The above figures are provisional and subject to audit. 2 Figures in brackets indicates deductions
Page 6 of 11 | INTERIM FINANCIAL STATEMENTS |
RENUKA HOLDINGS PLC
STATEMENT OF CASH FLOWS
GROUP | COMPANY | ||||
FOR THE YEAR ENDED 30TH JUNE | 2024 | 2023 | 2024 | 2023 | |
Rs.'000 | Rs.'000 | Rs.'000 | Rs.'000 | ||
UNAUDITED | UNAUDITED | UNAUDITED | UNAUDITED | ||
Cash Flow from Operating Activities | |||||
Profit Before Tax | 15,597 | (32,236) | (497) | (912) | |
Loss from Discontinued Operations | - | - | - | - | |
15,597 | (32,236) | (497) | (912) | ||
Adjustments: | |||||
Depreciation | 106,885 | 75,594 | - | - | |
Fair Value Gain from Investment - Measured at FVTPL | (112,989) | (84,678) | - | - | |
Amortization of Intangible asset | 656 | 1,344 | - | - | |
Provision for Retirement Benefit Obligation | 6,147 | 12,605 | - | - | |
Provision on obsolete inventories | 9,282 | 14,836 | - | - | |
Interest Income | (28,988) | (110,932) | - | (9) | |
Interest Expense | 88,275 | 221,262 | - | 259 | |
Share of Profit of Equity Accounted Investee | - | (730) | - | - | |
Operating Profit Before Working Capital Changes | 84,864 | 97,065 | (497) | (662) | |
Working Capital Changes | |||||
(Increase)/Decrease in Inventories | 152,873 | (417,070) | - | - | |
(Increase)/Decrease in Trade and Other Receivables | (514,200) | 242,473 | - | (1,058) | |
(Increase)/Decrease Other Current Assets | (134,610) | 17,998 | - | - | |
Increase/(Decrease) in Dues from Related Parties | (6,353) | ||||
(Increase)/Decrease Net Investment in Fair Through Profit / Loss Investments | 1,178,840 | (560,954) | - | - | |
Increase/(Decrease) in Trade and Other Payable | (724,279) | (245,971) | - | (78) | |
Increase/(Decrease) Other Current Liabilities | 24,910 | 24,555 | (8,311) | 165 | |
Increase/(Decrease) in Dues to Related Parties | - | - | 14,664 | - | |
Cash Generated from / (Used in) Operations | 68,398 | (841,903) | (497) | (1,634) | |
Interest Received | 28,988 | 110,932 | - | 9 | |
Interest Paid | (88,275) | (221,262) | - | (259) | |
Income Tax Paid | (13,593) | (30,617) | - | - | |
Payment of Retirement Benefit Obligation | (6,860) | (1,349) | - | - | |
Net Cash Flows Generated from / (Used in) Operating Activities | (11,342) | (984,199) | (497) | (1,884) | |
Cash Flows from Investing Activities | |||||
Acquisition of Property, Plant and Equipment | (60,519) | (30,571) | - | - | |
Construction of / Additions to Investment Property | - | (18,176) | - | - | |
(Investment)/Disposal of Investment Securities | (412,349) | (741,952) | - | ||
Short Term Investments in Deposits | 582,624 | - | - | - | |
(Acquisition) / Disposal of Investment in Subsidiarirs / EAI / Investment Securit | 112,989 | (66,536) | - | - | |
Acquisition of Biological Assets | (10,795) | (4,305) | - | - | |
Proceeds from Disposal of Assets Held For Sale | - | ||||
Net Cash Used in Investing Activities | 211,950 | (861,540) | - | - | |
Cash Flows from Financing Activities | |||||
Leasing Installments Paid | (19,863) | - | - | - | |
Long Term & Short Term Borrowings - Obtained | 1,585,000 | 1,323,508 | - | - | |
Long Term & Short Term Repayments | (2,010,626) | - | - | ||
Net Cash Flows Generated From in Financing Activities | (445,489) | 1,323,508 | - | - | |
Net Increase/ (Decrease) in Cash and Cash Equivalents | (244,881) | (522,231) | (497) | (1,884) | |
Cash and Cash Equivalents at the beginning of the period | 549,440 | 747,510 | 2,477 | 4,702 | |
Cash and Cash Equivalents at the end of the period | 304,558 | 225,279 | 1,980 | 2,818 | |
1 The above figures are provisional and subject to audit. 2 Figures in brackets indicate deductions
Page 7 of 11 | INTERIM FINANCIAL STATEMENTS |
Renuka Holdings PLC
Notes to the Interim Financial Statements
01. Basis of preparation
The Interim Financial Statements of Renuka Holdings PLC have been prepared in compliance with Sri Lanka Accounting Standard LKAS 34 -Interim Financial Reporting. These Interim Financial Statements are to be read in conjunction with the annual Financial Statements for the year ended 31st March 2023.
02. Comparative figures
The presentation and classification of figures for the corresponding period of the previous year have been rearranged where relevant, to be comparable with those for the current period.
For management purposes, the Group is organized in to business units based on their products and services and performance reported under three segments (i.e Agri Food Exports, Consumer Brands, Property and Investment) during the period under review.
03. Earnings per share
Earnings per share have been calculated by dividing profit attributable to equity holders (excluding non- controlling interest) by the weighted average number of ordinary shares outstanding during the period as given in the LKAS 33.
04. Stated Capital
The stated capital of the company consists of 165,488,271 (31st March 2024 - 165,488,271) ordinary voting shares & 24,201,719 (31st March 2024 - 24,201,719) ordinary non-voting shares as at 30th June 2024.
05. Market price per share
As at 30.06.2024 | As at 31.03.2024 | |||
Voting | Non-voting | Voting | Non-voting | |
Highest during the period (Rs.) | 16.20 | 12.00 | 17.10 | 13.20 |
Lowest during the period (Rs.) | 12.40 | 10.30 | 11.80 | 10.10 |
Last traded price (Rs.) | 13.30 | 11.80 | 13.10 | 11.20 |
06. Public shareholding
The percentage of shares held by the public as at 30th June 2024 was Voting 29.61% (31st March 2024- 29.61%) and Non-voting was 63.03% (31st March 2024- 63.03%). The number of shareholders representing the public holding as at 30th June 2024 was 2,519 -Voting (31st March 2024- 2,542) - and 972 - Non-voting (31st March 2024 - 977). The float adjusted market capitalization was Rs.831 Mn as at 30th June 2024. The company has over 20% public shareholding and over 500 public shareholders meeting the minimum thresholds for compliance on minimum public holding under the option 5 as per the Section 7.13.1(i) (a) of continuing listing requirement of Colombo Stock Exchange.
Page 8 of 11 | INTERIM FINANCIAL STATEMENTS |
Notes to the Interim Financial Statements (Contd.)
07. Directors' shareholding
The directors' shareholdings are as follows:
As at 30th June 2024 | As at 31st March 2024 | |||
Name | Voting | Non- | Voting | Non- |
Voting | Voting | |||
Dr. S.R. Rajiyah & Mrs.I.R. Rajiyah(JT) | - | - | - | - |
Dr. S.R. Rajiyah , Mrs.I.R. Rajiyah & Ms.S.R.Rajiyah (JT) | 16,598,427 | - | 16,598,427 | - |
Dr. S.R. Rajiyah , Mrs.I.R. Rajiyah & Mrs.A.L.Rajiyah (JT) | 16,598,427 | - | 16,598,427 | - |
Mrs. I. R. Rajiyah (Refer Above) | - | - | - | - |
Mr. S. V. Rajiyah & Mrs. J. J.B. A. Rajiyah (JT) | 5,250,900 | - | 5,250,900 | - |
38,447,754 | - | 38,447,754 | - |
08. Significant Events & Transactions
There were no significant events & transactions occurred during the period which requires disclosure to the Interim Financial Report.
-
Contingent Liabilities
There were no other contingent liabilities of material nature as at 30th June 2024 to disclose in the financial statement compared to the contingent liabilities which were disclosed in the accounts for the year ended 31st March 2024. - Events Occurring After the Reporting Date
There have been no material events that have taken place subsequent to 30th June 2024 which require disclosure or adjustments to the Interim Financial Statements. - Investments - Measured at Fair Value through Profit or Loss
The Group has invested in listed equity securities. The fair value of quoted equity shares is determined with reference to published prices in the active market.
Page 9 of 11 | INTERIM FINANCIAL STATEMENTS |
Renuka Holdings PLC - 20 Largest Shareholders | Voting as at 30.06.2024 | Voting as at 31.03.2024 | |||
No. | Name | No. of shares | % | No. of shares | % |
1 | Renuka Group Limited | 77,603,102 | 46.89% | 77,603,102 | 46.89% |
2 | Dr. S.R. Rajiyah , Mrs.I.R. Rajiyah & Ms.S.R.Rajiyah (Jt) | 16,598,427 | 10.03% | 16,598,427 | 10.03% |
3 | Dr. S.R. Rajiyah , Mrs.I.R. Rajiyah & Mrs.A.L.Rajiyah (Jt) | 16,598,427 | 10.03% | 16,598,427 | 10.03% |
4 | Dr. S. Yaddehige | 6,846,254 | 4.14% | 6,846,254 | 4.14% |
5 | Mr. S. V. Rajiyah & Mrs. J. J. B. A Rajiyah (Jt) | 5,250,900 | 3.17% | 5,250,900 | 3.17% |
6 | Employees Trust Fund Board | 3,095,343 | 1.87% | 3,095,343 | 1.87% |
7 | Hatton National Bank Plc/Sarravanan Neelakandan | 2,145,414 | 1.30% | 2,145,414 | 1.30% |
8 | Mr. M. M. S. Dawood | 1,955,143 | 1.18% | 1,955,143 | 1.18% |
9 | Seylan Bank Plc/Senthilverl Holdings (Pvt) Ltd | 1,718,457 | 1.04% | 1,718,457 | 1.04% |
10 | Hatton National Bank Plc / D.N. Sellamuttu | 1,699,484 | 1.03% | 1,699,484 | 1.03% |
11 | People'S Leasing & Finance Plc/L.P.Hapangama | 1,436,075 | 0.87% | 1,436,075 | 0.87% |
12 | Bank Of Ceylon No. 1 Account | 1,287,089 | 0.78% | 1,287,089 | 0.78% |
13 | N. Vaitilingam & Company Ltd | 1,249,042 | 0.75% | 1,249,042 | 0.75% |
14 | Mr. A. Ketheeswaran | 960,459 | 0.58% | - | - |
15 | Merchant Bank Of Sri Lanka & Finance Plc 01 | 841,722 | 0.51% | 841,722 | 0.51% |
16 | Hatton National Bank Plc/Arunasalam Sithampalam | 825,523 | 0.50% | 825,523 | 0.50% |
17 | Miss. S. Durga | 751,755 | 0.45% | 751,755 | 0.45% |
18 | Seylan Bank Plc / E. J. Gunesekera & M.G.M Gunasekera | 605,000 | 0.37% | 635,000 | 0.38% |
19 | Mr. S.N.C.W.M.B.C. Kandegedara | 597,484 | 0.36% | 597,484 | 0.36% |
20 | Mrs. S. Umeshary | 514,488 | 0.31% | 514,488 | 0.31% |
142,579,588 | 86.16% | 141,649,129 | 85.59% | ||
Renuka Holdings PLC - 20 Largest Shareholders | Voting as at 30.06.2024 | Voting as at 30.06.2024 | |||
No. | Name | No. of shares | % | No. of shares | % |
1 | Hatton National Bank Plc/Almas Holdings (Private) Limited | 6,778,497 | 28.01% | 6,673,497 | 27.57% |
2 | Hatton National Bank Plc/Almas Capital (Private) Limited | 1,432,905 | 5.92% | 1,432,905 | 5.92% |
3 | Renuka Group Limited | 1,302,226 | 5.38% | 1,302,226 | 5.38% |
4 | Mr. K. C. Vignarajah | 1,179,984 | 4.88% | 1,179,984 | 4.88% |
5 | Mr. S. Abishek. | 592,022 | 2.45% | 592,022 | 2.45% |
6 | Almas Holdings (Private) Limited | 481,407 | 1.99% | 424,294 | 1.75% |
7 | Mr. A. Sithampalam | 446,014 | 1.84% | 446,014 | 1.84% |
8 | Mr. R. Gautam | 407,891 | 1.69% | 407,091 | 1.68% |
9 | Dr. G. Rajiyah | 383,852 | 1.59% | 383,852 | 1.59% |
10 | Mrs. S. Umeshwary | 366,362 | 1.51% | 366,362 | 1.51% |
11 | E. W. Balasuriya & Co. (Pvt) Ltd | 329,711 | 1.36% | 329,711 | 1.36% |
12 | Ravi Exports Private Limited | 325,413 | 1.34% | 325,413 | 1.34% |
13 | Hallsville Frontier Equities Ltd | 318,369 | 1.32% | 318,369 | 1.32% |
14 | Mr. S.N.C.W.M.B.C. Kandegedara | 294,998 | 1.22% | 294,998 | 1.22% |
15 | Commercial Bank Of Ceylon Plc A/C No. 04 | 285,445 | 1.18% | 285,445 | 1.18% |
16 | Miss. S. Durga | 283,649 | 1.17% | 283,649 | 1.17% |
17 | Mss Investments (Pvt) Ltd | 282,410 | 1.17% | 395,408 | 1.63% |
18 | Mr. R.E. Rambukwelle | 263,536 | 1.09% | 263,536 | 1.09% |
19 | Tranz Dominion,L.L.C. | 255,217 | 1.05% | 255,217 | 1.05% |
20 | Mr. D.S.H. Kandambi | 245,664 | 1.02% | - | - |
16,255,572 | 67.17% | 15,959,993 | 65.95% |
Page 10 of 11 | INTERIM FINANCIAL STATEMENTS |
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