CALT share closes double the offer price on debut

From left: CAL Group Chief Risk and Compliance Officer Sharmali Perera, Capital Alliance Limited Managing Director Somadasa Palihawadana, CAL Group Chief Executive Officer and Capital Alliance Limited Executive Director Ajith Fernando, Capital Alliance Limited Chairman and Non-Executive Director Dinesh De Zoysa, CSE Chairman Dumith Fernando, Chief Regulatory Officer Renuke Wijayawardhane and Head of Listings Vinduni Dullewe

The shares of Capital Alliance Limited (CALT) commenced trading on the Colombo Stock Exchange (CSE) yesterday.

CALT share closed at Rs.20.90 yesterday, up by Rs.10.90 or 109 percent of the offer price of Rs.10. The share hit an intra-day high of Rs.24.50.
CALT shares have been listed on the Diri Savi Board of the CSE, under the Investment Banking and Brokerage sector. The occasion was marked with a special Bell Ringing Ceremony.  
CALT Chairman and Non-Executive Director Dinesh De Zoysa, CAL Group Chief Executive Officer and Capital Alliance Limited Executive Director Ajith Fernando, Capital Alliance Holdings Limited Non-Executive Director Shiromal Cooray, Non-Executive Non- Independent Director Sanjeewa Anthony, Non-Executive Independent Director Aruni Siriwardene, CAL Group Chief Risk and Compliance Officer Sharmali Perera and Capital Alliance Limited Managing Director Somadasa Palihawadana joined the event.
The CSE was represented by Chairman Dumith Fernando, Chief Regulatory Officer Renuke Wijayawardhane and Head of Listings Vinduni Dullewe at the event.