Sarvodaya Development Finance PLC has received board approval to issue listed, rated, unsecured senior redeemable high-yield Social Orange Bonds with a maximum value of Rs. 2 billion, the company said in a stock exchange filing.

The proposed issuance will consist of five-year bonds, with an initial issue of 10 million bonds and an option to issue up to a further 10 million bonds, depending on investor demand.

The company confirmed that regulatory approval for the bond issuance has been obtained from the Central Bank of Sri Lanka through a letter dated 12 January 2026.