Business

Royal ceramics to subdivide shares 

Royal Ceramics Lanka PLC yesterday (5) in a disclosure to the Colombo Stock Exchange (CSE) announced the sub-division of its shares which will be based on the shareholding as at end of trading on 19 April 2021. 

According to the company, due to the sub-division of shares, trading of the company’s shares would be suspended for three market days effective from 20–22 April and the trading will commence as usual on 23 April. 

“Transfer books will be closed for three market days effective from 20–22 April,” the disclosure added.