Sri Lanka’s EPF boosts stake in Tokyo Cement to 10-pct

Daily FT and EconomyNext report that the Employees’ Provident Fund (EPF) increased its holdings in Tokyo Cement Company (Lanka) PLC to 10% of its issued voting and non-voting shares through market transactions. Daily FT says the company disclosed the increase the day before its report.

EconomyNext reports that the EPF held 6,207,876 non-voting Tokyo Cement shares, or 4.22%, on December 31, 2025, and that the holding reached 14,700,150 shares, or 10%, by March 31, 2026. It also reports that the fund held 22,879,611 voting shares, or 7.78%, on March 31, with the total rising to 29,403,000 shares, or 10%, by June 30, 2026. EconomyNext says Tokyo Cement described the EPF as having reached a shareholding threshold in both share classes.

EconomyNext describes the EPF as a compulsory savings scheme for private-sector workers, covering more than 2.5 million members and holding assets above 4.9 trillion rupees. It says the fund is managed under the Central Bank and is the country’s largest state-managed pension fund.

Daily Mirror reports that the EPF added just over three million ACL Cables PLC shares during the quarter and held 10% by the end of September. EconomyNext reports that the ACL Cables holding was 71,872,416 shares, also representing 10%, as of September 30, 2026.

Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.