Fintrex Finance Strengthens Core Capital with Rs. 500 Mn Tier 1 Injection

April, 10, 2026

In March 2026, Fintrex Finance PLC secured Rs. 500 million Tier 1 capital infusion from its parent, Bluestone 1 (Private) Limited, reinforcing its capital base and signaling sustained shareholder commitment to long-term stability and growth. Bluestone 1 is supported by strong institutional investors with a long-term perspective.

The latest equity injection reflects a proactive approach to capital planning amid heightened regulatory expectations for Non-Bank Financial Institutions (NBFIs). While the company continues to generate capital organically, the decision to strengthen Tier 1 capital underscores a clear preference for resilience and buffer creation beyond minimum regulatory thresholds.

Fintrex Finance has adopted a structured approach to capital augmentation in recent years. This includes an Rs. 1 billion listed subordinated bond issuance in February 2025 and Rs. 500 million unlisted subordinated debt raise in September 2025, both strengthening Tier 2 capital. The latest equity infusion complements these efforts by enhancing high-quality core capital.

As at end-February 2026, the company reported a Net Asset Value of approximately Rs. 4.3 billion. Following the new capital injection, Tier 1 Capital Adequacy Ratio is estimated to improve to 12.0% (against a regulatory minimum of 8.5%), while Total CAR is projected at 16.8% (minimum 12.5%), providing comfortable headroom to absorb volatility and support asset growth.

The transaction represents a continued vote of confidence by shareholders in Fintrex Finance’s business model, governance standards, and the broader outlook for Sri Lanka’s financial sector. With strengthened capital buffers, a diversified funding base, and consistent shareholder backing, the company is well positioned to pursue sustainable growth while maintaining financial resilience.

The Company continues to benefit from strong governance and strategic oversight under the leadership of its Chairman, Mr. Ajit Gunewardene, together with a highly experienced Board of Directors comprising Mr. Ronnie Peiris, Mr. Shantanu Nagpal, Mr. Ahamed Sabry Ibrahim, Mr. Shrihan B. Perera, Mr. Nilam Jayasinghe, Mr. Jayashantha De Fonseka, Mr. Indrajit Wickramasinghe, and Mr. Darshan Perera, whose collective expertise continues to guide Fintrex Finance PLC in strengthening its financial position, enhancing stakeholder value, and driving sustainable long-term growth.

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