SEC Sri Lanka eases Minimum Public Holding Rules for ListingsBusinessThe Securities and Exchange Commission of Sri Lanka (SEC) has approved amendments to the Colombo Stock Exchange (CSE) Listing Rules to provide greater flexibility regarding the Minimum Public Holding (MPH) requirement for companies listing through the Introduction method. These revisions were proposed and deliberated under Project 6 – New Listings (Public and Private), one of 12 key strategic initiatives launched by the SEC to strengthen Sri Lanka’s capital market framework. A phased MPH compliance framework has been introduced requiring a minimum 50 per cent compliance with MPH requirement within 12 months and full compliance within 18 months from the date of listing. Entities should include clear disclosures in the Introductory Document confirming their obligation to meet MPH requirements within the prescribed timelines. In the event of non-compliance with the MPH requirement, certain enforcement actions have also been introduced.

Source: Sunday Times December 31, 2025 08:38 UTC