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Sri Lanka’s Hayleys pays Rs2.5bn for 40-pct of Harischandra, retail price soars

ECONOMYNEXT – Sri Lanka’s Hayleys paid 2.57 billion rupees to buy a 40 percent stake in Harischandra Mills, the company said in stock exchange filing. The company paid 3,300 rupees a share for 779,946 shares. Senthilverl Holdings was the seller. Asia Securities handled the transaction. In retail trade Harishchandra closed up 2,475 rupees at 7,424 rupees. (Colombo/Oct17/2025)

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