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Oct 29, 2026
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NDB Bank Fully Divests 8.72% Stake in Seylan Bank for Rs. 2.76 Billion
May 11, 202611:46 AM
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NDB Bank Fully Divests 8.72% Stake in Seylan Bank for Rs. 2.76 Billion

NDB Bank, the fifth-largest shareholder of Seylan Bank, has fully exited its position in the bank by selling its entire 8.72% shareholding.

The transaction, executed today (11 May 2026), involved the transfer of 26,631,495 shares at a price of Rs. 104.00 per share. The total value of the deal amounted to Rs. 2.76 billion.

The buyer of the stake has not yet been publicly disclosed.

This divestment marks the complete exit of NDB Bank from its shareholding in Seylan Bank.

As of 31 March 2026, the top 20 shareholders of Seylan Bank are as follows:

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