Royal Mount Champion Trophy 2026 brings Lankan community in Alberta together through cricket

The spirit of Sri Lankan cricket, community, and camaraderie was celebrated in grand style as the Royal Mount Champion Trophy 2026, a highly competitive Tape Ball Cricket Tournament organised by the Royal Mount Cricket Club (RMCC), successfully concluded in Edmonton.

Bringing together 12 teams and cricket enthusiasts from across Alberta, the tournament provided an exciting platform for Sri Lankan players to showcase their talent while creating opportunities to build friendships, strengthen community connections, and celebrate their shared passion for cricket.

After a day of intense and competitive matches, Royal Strikers Cricket emerged as the Royal Mount Champion Trophy 2026 champions, with Red Deer United Cricket finishing as runners-up.

The Royal Mount Champion Trophy 2026 was conceived with a broader vision – to create a welcoming sporting platform where Sri Lankans living in Alberta could come together through their shared love of cricket.

For RMCC, providing opportunities for Sri Lankan players, particularly those who are new to Alberta, to participate in cricket and develop friendships and community connections remains a key priority.

The tournament demonstrated how sport can transcend the boundaries of competition and become a powerful means of bringing communities together.

Families attended the event to support their loved ones, friends reunited, and spectators enjoyed an atmosphere that reflected the warmth and enthusiasm of Sri Lankan sporting culture.

For many participants and spectators, the event offered more than a day of cricket. It provided an opportunity to reconnect with a familiar sense of friendship, belonging, and community – thousands of kilometres away from Sri Lanka.

Speaking about the success of the tournament, RMCC Captain and Tape Ball Trophy Organising Committee Chairman Nimnuwan Attanayake emphasised the importance of community support in making the event a success.

He noted that the tremendous support received from the Sri Lankan community and the Alberta business community played a significant role in bringing the tournament to life.

RMCC continues to encourage Sri Lankans with a passion for cricket to become involved, regardless of whether they have extensive previous playing experience. Through this inclusive approach, the club aims to create opportunities for both experienced players and newcomers to participate in the sport and become part of the wider cricketing community.

Adding to the community perspective, Ranjan Welgamage, a prominent commentator at Sri Lankan cricket tournaments held throughout Alberta, reflected on the unique experience created by events such as the Royal Mount Champion Trophy.

He highlighted how cricket can help Sri Lankans living abroad reconnect with the friendship and sense of unity associated with playing cricket back home.

‘The vibe you had when playing back home as a kid is not quite the same here. But coming here, getting to know new friends, organising a tournament like this, and coming together with our families to enjoy it is really something special.’

His comments captured the broader significance of the tournament – creating a space where sport, friendship, families, and community come together.

The Royal Mount Champion Trophy 2026 ultimately became more than a sporting competition. It evolved into a celebration of Sri Lankan community spirit, bringing together individuals and families from across Alberta through a shared passion for cricket.

The tournament once again demonstrated the important role that community sporting events can play in strengthening relationships, welcoming newcomers, creating friendships, and preserving cultural connections among Sri Lankans living in Canada.

Nimnuwan Attanayake and the Royal Mount Cricket Club Organising Committee extend their sincere and heartfelt appreciation to everyone who contributed to the success of the Royal Mount Champion Trophy 2026.

Special thanks are extended to all sponsors, business partners, players, participating teams, organising committee members, volunteers, supporters, families, spectators, and members of the Sri Lankan community whose generous support and participation made the tournament possible.

Their contribution played an invaluable role in creating a successful and memorable event for the Sri Lankan community in Alberta.

Namal summoned to appear before CIABOC today

Sri Lanka Podujana Peramuna (SLPP) National Organiser and Parliamentarian Namal Rajapaksa has been summoned to appear before the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) today.

Rajapaksa’s Attorney Muditha R. Lokumudali said CIABOC had formally notified his client in writing to appear before the Commission at 9 a.m.

Lokumudali said Rajapaksa had agreed to comply with the summons and would appear before the Commission as requested.

Oliwa? The spirit that binds us

For a brief and terrifying moment in August, Ugandans discovered that the government had finally noticed what they were doing at 10am. Local Government Minister Balaam Barugahara issued a directive telling bars, clubs, malwa joints and other alcohol-selling places not to open before 3pm on working days.

The idea was to reduce morning drinking, improve productivity, protect young people and, presumably, make sure some Ugandans actually reached the office before reaching the bar.

The TL went into cardiac arrest. People reportedly wondered what exactly government expected them to do with their mornings. One wonders whether productive work was supposed to begin immediately after breakfast, or whether there would at least be a grace period for those already seated at the bar by 2:47pm.

The directive also exposed one of Uganda’s great contradictions: we are constantly being told to work hard, but we are equally committed to enjoying the fruits of work we have not yet done. Some people argued that government had bigger problems to solve unemployment, the cost of living, potholes and the national sport of surviving on a salary that disappears before the month does.

Others welcomed the directive, especially those tired of watching young people spend entire mornings drinking instead of working, farming or doing whatever productive activity young people are apparently supposed to do.

On X, MK said bar opening hours should be left to proprietors. What government should not tolerate, he said, was fighting and violence. Otherwise, Ugandans were entitled to enjoy themselves.

The internet heard one thing: “Party is back on, banange.” Minister Balaam quickly responded, ‘Order taken chairman with utmost respect,’ and suddenly the 3pm curtain appeared to become less of a curtain and more of a suggestion. This is where Uganda becomes wonderfully Ugandan.

We love our discipline, but we also love our enjoyment. We want development, but preferably with music playing in the background. We want young people to work hard, but after they answer the famous, oliwa question. Side ki , side wa ?

The president has previously acknowledged this same contradiction, often referring to young Ugandans as his bazzukulu while warning that enjoyment should not replace work. And really, that may be the sensible middle ground because alcohol abuse is real. Morning drinking can destroy productivity, families and finances. But closing licensed bars does not magically eliminate waragi.

It may simply send people to the nearest unlicensed drinking spot, where the only thing more questionable than the opening hours is what is inside the bottle.

Uganda’s nightlife also feeds thousands of livelihoods from waiters and waitresses to DJs, boda riders, musicians, security guards et al. So perhaps the real issue is not whether Ugandans should party. We clearly will but where possible, arrive at work first, please.

Civil society groups lodge corruption complaint against 159 NPP MPs

A collective of civil society organisations have lodged a complaint with the Commission to Investigate Allegations of Bribery or Corruption (CIABOC), alleging misuse of parliamentary allowances by National People’s Power (NPP) MPs.

The complaint was submitted this week on behalf of the Centre for Free Struggle by Darshana Thanthri and Leshan Vidanagamachchi, together with groups including Dinana Dakuna and Free Lawyers.

The complainants alleged that allowances received by NPP MPs had been deposited into a bank account of the Janatha Vimukthi Peramuna (JVP) instead of being used for public welfare.

They claimed the practice constituted an offence under the Anti-Corruption Act No. 09 of 2023 and requested CIABOC to launch an urgent investigation.

The petition called for all 159 NPP MPs to be summoned to record statements and for the JVP’s bank accounts and relevant financial records to be examined as part of the investigation.

The organisations outlined five demands in their submission, including scrutiny of financial records and measures to ensure accountability, arguing that transparency was necessary to safeguard public trust.

Sri Lanka Hockey returns to Asian Games after 20 years

Sri Lanka’s men’s field hockey team will compete at the Asian Games for the first time in 20 years, after being placed in Pool A for the 20th Asian Games Aichi-Nagoya, Japan 2026, alongside hosts Japan, India, Bangladesh and South Korea.

The team last featured at the Games in 2018, having withdrawn from the 2022 edition in Hangzhou.

Sri Lanka opens its campaign against Japan on Tuesday, 22 September, at 19:00 local time (15:30 IST). It then faces India on Thursday, 24 September at 11:00 local time (07:30 IST), before playing Bangladesh on Saturday, 26 September at 15:00 local time (11:30 IST). The pool stage concludes against South Korea on Monday, 28 September at 11:00 local time (07:30 IST).

Sri Lanka secured its place at the Games in April, finishing runners-up to Oman at the qualifying tournament in Bangkok.

KPMG webinar on final tax payment and return filing as 2025/26 compliance cycle nears completion

With the Year of Assessment 2025/26 income tax compliance cycle approaching its final stages, businesses are required to give careful attention to the preparation of accurate tax computations, settlement of final tax liabilities, and timely filing of income tax returns.

These responsibilities extend beyond satisfying statutory requirements. Decisions and tax positions reflected in the current year’s return can have far-reaching consequences for future compliance and tax planning. At a time when tax reporting is facing greater scrutiny and the practical application of tax laws continues to present challenges, taxpayers need to ensure that their filing processes are approached with appropriate knowledge and clarity.

To support businesses and tax professionals during this important period, KPMG Sri Lanka Academy will conduct a webinar focused on final payment and return filing. The session will provide practical guidance on completing income tax computations, meeting final tax payment obligations, and successfully filing income tax returns for the Year of Assessment 2025/26.

The webinar will also look beyond the immediate filing cycle by considering how positions taken in the current year could affect tax compliance, reporting obligations, and planning for the Year of Assessment 2026/27. The expert-led discussion will seek to help participants navigate the filing season successfully, reduce potential compliance risks, and prepare proactively for emerging tax considerations.

Presenting at the webinar will be Principal – Head of Tax and Regulatory Suresh R. I. Perera, Principal – Tax and Regulatory Rifka Ziyard, and Director – Tax and Regulatory Hasna Hassan. The presenters will draw on their combined expertise to address current legislative challenges and practical considerations relevant to businesses operating in a changing tax environment.

The webinar is scheduled for Wednesday, 16 September 2026, from 3:00 PM to 4:30 PM and will be conducted via MS Teams.

For participation and further information, Seneli Jayatunge may be contacted on 077 444 6649 or [email protected], while Nirosha De Silva may be contacted on 071 723 6842 or [email protected].

Sri Lanka needs 5,000 qualified solar technicians annually to meet renewable energy targets

Public Utilities Commission of Sri Lanka (PUCSL) Chairman Prof. K.P.L. Chandralal yesterday said Sri Lanka will need to produce around 5,000 qualified solar power technicians each year to support the installation of some 600 MW of solar capacity annually and remain on track to achieve its target of generating 70% of electricity from renewable sources by 2030.

Addressing the media, he warned that the rapid expansion of the solar industry could be constrained by a shortage of professionally qualified technicians, limited training capacity and a lack of specialised solar consultants.

Over 1,000 companies have obtained licences from the Sri Lanka Sustainable Energy Authority (SLSEA) to import and install solar systems, with around 10,000 people currently employed in the sector. However, a significant proportion of the workforce does not possess recognised professional qualifications, he said.

‘The expansion of renewable energy must be supported by a workforce with the necessary technical skills and professional qualifications,’ Prof. Chandralal said, stressing that properly trained technicians were essential for the quality and reliability of installations, electrical safety and the long-term sustainability of the sector.

To address the skills gap, the SLSEA and PUCSL have launched a program targeting the training of 5,000 solar technicians, 100 instructors and inspectors. Around 1,500 technicians have already been trained.

A special program is also being implemented to enable experienced technicians to obtain NVQ Level 3 qualifications in solar technology free of charge through the Recognition of Prior Learning (RPL) system. Technicians with more than two years of industry experience will be eligible to have their existing skills formally assessed and recognised.

The move to formalise the sector comes as regulations issued by the Sri Lanka Engineering Council introduce mandatory professional qualifications for solar technicians.

Under the new requirements, NVQ Level 3 will be the minimum qualification for practicing as a solar energy technician from 1 January 2028 to 31 December 2029.

From 1 January 2030, technicians will need to hold NVQ Level 4 in Solar Energy Technology and be registered with the Sri Lanka Engineering Council as Engineering Technicians.

Prof. Chandralal said the phased requirements would raise professional standards while improving the safety and quality of solar installations as the industry expands rapidly.

The PUCSL Chairman also highlighted a parallel program to formalise qualifications for refrigeration, air conditioning, and vehicle air conditioning technicians.

The National Ozone Unit of the Environment Ministry and PUCSL are implementing an islandwide program to provide free NVQ Level 3 and Level 4 qualifications to technicians in these fields.

The Sri Lanka Engineering Council issued regulations on 7 July 2026 governing the practice of refrigeration and air conditioning technicians, mobile air conditioning technicians, and qualified technicians in these fields.

As with solar technicians, NVQ Level 3 will become the minimum qualification from January 2028 through December 2029, followed by a requirement from 2030 for the relevant NVQ Level 4 qualification and registration with the Engineering Council.

Prof. Chandralal said the qualification programs would allow experienced technicians to formally recognise their existing skills while strengthening technical standards, electrical safety, and Sri Lanka’s environmental protection commitments.

SEC defends roadshows, says Singapore investor buying triples after Invest Sri Lanka Forum

The Securities and Exchange Commission of Sri Lanka (SEC) yesterday defended co-hosted roadshows saying foreign purchases of Sri Lankan equities from Singapore nearly tripled in the 12 months following the Invest Sri Lanka Forum held in the city-state last year.

The SEC said this was evidence of the value of sustained overseas investor engagement. The statement also comes hot on the heels of a roadshow in Melbourne and Sydney, Australia, recently.

In a social media post titled ‘Do Invest Sri Lanka Forums Really Work?,’ the SEC said foreign purchases originating from Singapore amounted to Rs. 7.7 billion in the 12 months following the forum held on 12 August 2025, compared with Rs. 2.6 billion during the preceding 12 months.

The increase amounted to 196%, according to the regulator.

The SEC did not attribute the entire increase in purchases directly to the forum, but said investment decisions typically followed a longer process involving research, meetings with companies, risk assessments, and due diligence.

‘Investors do not attend a forum and immediately commit funds. Instead, they conduct research, meet companies, assess risks, and carry out due diligence before investing, a process that often takes six to 12 months or longer,’ the SEC said.

The regulator said foreign investors currently account for 9% of stock market turnover, compared with 6% in 2025. However, foreign participation remains considerably below the 40% level recorded before Sri Lanka’s economic crisis.

The figures underline the gap the capital market still has to bridge in rebuilding overseas investor participation despite the increase recorded over the past year.

The SEC said attracting foreign investment was important to strengthening and expanding Sri Lanka’s capital market and argued that the Singapore figures demonstrated the value of maintaining engagement with international investors.

‘These results demonstrate the value of sustained engagement with international investors,’ it said.

The SEC said its mandate extends beyond regulation to capital market development, including educating overseas investors about Sri Lanka’s market and available investment opportunities.

Invest Sri Lanka Forums are conducted jointly with the Colombo Stock Exchange (CSE) and other market participants, including stockbrokers, fund managers, and listed companies.

The SEC said the forums were intended to provide international investors with information on Sri Lanka’s capital market and investment opportunities to support informed investment decisions.

‘The numbers speak for themselves. That’s our report card,’ the SEC said.

Roshenka Jayamaha’s ‘Adventure Don’ billed as Sri Lanka’s first multi-faceted chapter book series

M.D. Gunasena, Sri Lanka’s premier publisher, recently launched an innovative new chapter book for young readers-Adventure Don and the Sea Turtle Rescue, at an exclusive event hosted at the company’s Visakha branch bookshop.

Written and illustrated by Roshenka Jayamaha, this is the first book in an ongoing series, and is designed to take Sri Lankan storytelling to new heights, delivering a world-class piece of children’s literature that can shine on a global stage. This work is also billed as a first for Sri Lanka, in terms of the features and elements that come together to enhance the story-on the page and beyond. Experiences and activities incorporated into the series ecosystem include a theme song, interactive digital quiz, collectible Guardian Badge, personalised certificate, specialist character and wildlife fact cards, activity sheets (given at select events), learning resources, and access to a soon-to-be-launched reading club. These elements invite children to step into the Adventure Don world and deliver a one-of-a-kind, truly multi-faceted and engaging reading experience.

At the launch event, M.D. Gunasena Managing Director Rajiv Gunasena handed over the first official copy of the book to the author and illustrator, and the ebook which can be found on the Gurulogomi.lk app was also launched.

Daybridge International School Founder and Director Iromi Weerasinghe presented the formal review, and the author conducted a special reading for the VIP young readers in attendance. She also gifted her son the first copy of the book, and all the young readers present received a special edition Adventure Don activity kit to commemorate their participation in this historical launch.

Built on a legacy of excellence

Commenting on the company’s rich history as Sri Lanka’s premier publishing house and bookstore, Rajiv Gunasena said: ‘Every great story begins with someone who dared to imagine, and every great society is built by people who first learned to imagine. For 113 years, M.D. Gunasena has had the extraordinary privilege of witnessing this transformation. Every book we publish carries with it a simple hope-that somewhere, someone’s life will be transformed by what they read. Our books must: Help build character, spark curiosity, shape values and inspire courage. Above all, they remind us that the future belongs to those who have the courage to think differently, dream boldly, and turn those dreams into reality.’

The importance of Adventure Don and the author’s distinct voice and style

Commenting on the author’s work and style, he stated, ‘When I met Roshenka, I saw someone with a rare gift. Not simply the ability to write. Many people can write. But very few can create worlds that children genuinely want to live in. As I listened to her speak about her ideas, I was reminded of the qualities that made writers such as Roald Dahl, Enid Blyton, and J. K. Rowling beloved across generations. They never spoke down to children. They respected their imagination. They trusted children to understand courage, kindness, humour, friendship, and hope. I saw that same belief in Roshenka. Not that she should become another Roald Dahl or another J. K. Rowling. The world already has them. What the world needs is the first Roshenka. Every generation deserves its own storytellers-voices that understand the hopes, challenges, and dreams of children growing up today.’

The power of a well-told story

‘That is why Adventure Don is so important. Yes, it is an exciting adventure. Yes, it is imaginative. Yes, it has the humour, energy, and playful spirit that children love. But beneath every adventure lies an even greater message. It reminds children that heroes are not people with superpowers. Heroes are ordinary people who choose to care. Who choose to solve problems instead of ignoring them. Who choose kindness over indifference. Who believe that even one person-even one child-can change the world. The greatest gift we can give our children is not simply knowledge. It is purpose. A child who believes they can make a difference grows into an adult who does. And sometimes all it takes to plant that belief is one book…one story, one character, one sentence that whispers to a young reader, ‘Perhaps I can do that too.’ That is the true power of literature. It quietly changes lives long after the final page has been turned. Today is a milestone that should be cherished with great pride, and it is the start of an exciting journey. It has been a privilege for all of us at M.D. Gunasena to play a part in bringing Roshenka’s work to readers. We have every confidence that her passion, dedication, and talent will lead to many more books, many more readers, and a truly distinguished writing career. We are honoured to walk alongside her on that journey.’

A must-have in every library

An award-winning educational leader with a career spanning 40 years, Iromi Weerasinghe shared her professional reflections on this book and its value as a piece of children’s fiction for young readers: ‘In a time when it is becoming increasingly difficult to get children to read, and they are constantly being pulled away by digital devices and distractions-this book offers so much to draw them back to reading. Firstly, it is wonderfully fast-paced, we start on Don’s birthday, and so much happens in those 24 hours, and the story also ends on his birthday, which is fabulous. Most of the time children get bored when a story drags on, but our author has delved into the plot and action very quickly. I believe that children will find it hard to put this book down. The concept of being a Guardian of the Wild is brilliant and will open up so many emotions in a child, inspiring them to learn about the environment, take responsibility for our planet, rescue animals and care about wildlife. The main character Don does all of this so beautifully-and these are aspects of the book that will really inspire young minds. This book is an absolute must-have in every library, and it offers a story that all children will want to reach for.’

Full of creative value and innovation

‘Some of the thematic aspects that stand out in the writing, are the focus on the family unit and wholesome values such as courage, self-acceptance, confidence and a spirit of determination-the author has artfully woven these into the book. The sound words are catchy, the layout outstanding, and the characters are truly lovable. The story is full of humour, wit and charm. The detailed wildlife fact sheets and nuggets of knowledge about loggerhead sea turtles in the book, make it interesting not just for children but also for adults. This book showcases the author’s truly fabulous imagination, and it is exactly what the children of our generation need. They don’t want stuffy slow-paced stories, today’s readers want action, pace, flair and adventure-and that’s what Adventure Don delivers in style. At the same time, this book shines a spotlight on the wonderfully ordinary moments of life, reminding readers to cherish the little things that truly matter. The digital quiz is another exciting feature; it gives children the option of getting a Guardian badge and certificate after they read the book. This provides them with a chance to engage more deeply with the story, and gives them an important tool for building their English comprehension and literacy skills. In Adventure Don, the author has crafted a beautiful, immersive world, with so many elements that come together seamlessly to deliver a reading and learning experience that is enriching, inspiring, educational and truly unforgettable.’

Written for readers aged 6-10, the story follows eight-year-old Don Rupert-the next Guardian of the Wild-who is sent on an unexpected mission to the sunny coast of Sri Lanka, where one hundred loggerhead sea turtle hatchlings are depending on him. Joined by his inventor dad Alex, his cheerful mum Rosy, his loyal dog Beau, and Berty his cool air-surf skateboard, Don must rise to the challenge of becoming a Guardian-a whole ten years too early! The series is also designed as a transitional reading tool to help young readers progress from picture books to chapter books. Each book will feature a unique mission, and several titles are in the pipeline.

A book series shaped by global experiences and a love for the wilderness

Roshenka Jayamaha brings a unique blend of storytelling, conservation, education and wellbeing knowledge to the Adventure Don series. With more than 17 years of experience in communications, public relations and journalism, she has worked with brands around the world, and was recognised as one of Campaign Asia’s Top 40 Women under 40 to Watch in Asia-Pacific Communications in 2019. Raised in Malawi, she attended Bishop Mackenzie International School and then graduated from Richmond the American International University in London. She got her start at leading telco Globe Internet and then worked for Central African Wilderness Safaris where she loved tracking black rhinos, running writing workshops for students in Liwonde, travelling by boat over the hippo and crocodile-filled waters of the Shire River to Mvuu Camp, flying up to the northern fringes of Nyika where Central Africa’s densest leopard population reside, and supporting the Children in the

Wilderness project. After her time at Cinnamon Hotels and Resorts, Leo Burnett and her own consultancy, her love for the natural world and storytelling only grew further.

Inspired by coaching, communications, giving back and the arts

As a certified nutrition, sleep, stress management and recovery coach, Roshenka also runs workplace wellness programs for corporate teams as well as specialist nutrition and lifestyle management programs for women. She was featured on MSN as a global coach helping to shape health in 2025 and is passionate about teaching others more about healthy habits and living. Harnessing her years of communications experience, she also offers VP-level strategic content, writing and communications consulting, along with soft skills and language training to help brands and teams.

She also supports arts education by running the Atelier program by Fundación Parentes in Sri Lanka for the Crest Lanka Foundation. Aula Atelier is a methodology that transforms the plastic classroom into an art workshop that combines creation and critical thinking in children. A space where students develop the ability to look at the outside and inside world, and find new ways to express themselves through different artistic languages.

Roshenka also trains for her Royal Academy of Dance ballet exams at the Deanna School of Dancing and her ABRSM piano performance diploma at Soul Sounds Academy. It is her collective experiences, know-how and interests that she has poured into her work, to build a truly unique series with local roots, global wings and universal appeal. Through Adventure Don, Roshenka hopes to inspire children around the world to ‘read on’, as she strives to support both the national and international literacy, learning, reading, environmental and healthy living educational needs of the hour.

Roshenka addressed the VIP young readers gathered to celebrate the launch: Dinaren, Joses, Saathvik, Eveen, Tashiyana, Aara, Anah, Pia, Aadam, Kyla, Oshean, Archunan, Ariano, Asensio, Khalil, Maryam, Zane, Sayuru, Kyla, Nathan, Jayden, Eva, Bruce, Aidan, Aathithan and Ahilan. She extended her gratitude to her husband and son, her family, friends, well-wishers, special guest speaker Iromi Weerasinghe and Rajiv Gunasena for his bold vision and unwavering support, and belief that we can create high-quality stories right here in Sri Lanka-for the young readers of our island, as well those all around the world. The event was compeered by Chathura De Silva, and further supported by the M.D. Gunasena team.

Roshenka’s life has always been focused on family, friendship, faith, a commitment to learning and living in service. She concluded the launch by telling the young readers present that this story was theirs, and her hope was that it would inspire them to keep reading, shining, learning and reaching for the stars.

Adventure Don and the Sea Turtle Rescue is now available at M.D. Gunasena bookshops and it can also be ordered online at mdgunasena.com. Additional titles in the series are planned, including Adventure Don and the Elephant Escapade. Readers and global distributors can find out more at www.roshenkajayamaha.com

DFCC Bank gets CSE nod for Rs. 12.5 b debenture issue

DFCC Bank has announced that the Colombo Stock Exchange (CSE) has approved in principle the listing of up to 125 million Basel III compliant, listed, rated, unsecured, subordinated, redeemable debentures with a non-viability conversion feature, aimed at raising up to Rs. 12.5 billion.

The five-year debentures, with a tenure running from 2026 to 2031, carry a par value of Rs.100 each and will pay a fixed annual interest rate of 13%, payable annually. The subscription list is set to open on 11 September 2026.