Renuka Holdings listed on CSE

Picture shows officials from the company and CSE at the launch.

Ordinary shares of Renuka Holdings Ltd were listed on the Second Board of the Colombo Stock Exchange (CSE) this week.

Incorporated in 1979, Renuka Holdings Ltd (RHL) is a subsidiary of Renuka Group Limited. The operations of the company revolve around the management of an investment portfolio of equity and debt instruments quoted on the CSE.

The company listed 7,500,000 Ordinary Shares on the CSE by way of an Introduction, where there is no requirement of a public issue.

A company is entitled to be admitted to the official list of the CSE through an introduction where the company has 10% of its equity held by the public. The trading of shares of RHL commenced with shares opening at Rs 50.00 and closing at Rs 83.25.