High net-worth individual Dr.T Senthilverl seems to have exited the E-Channelling Plc, as the latest interim accounts of the company suggest that he is no longer the single largest shareholder of the company.
As per the September, 2010 accounts filed to the Stock Exchange, Dr. T. Senthilverl was the single largest investor of E-Channelling, holding 21 percent of the company. Yet in the March 31, 2011 interim accounts, British American Technologies was cited as the largest shareholder of the company owning nearly 23 percent.
The top 10 shareholder list also shows two new shareholders, namely D.A. De Zoysa and R. Maha had reached the top 10 shareholders of the company.
The company’s March 2011 quarter net profit has gone up 194 percent to 6 million compared with the same period of the previous year. The Earnings per Share (EPS) lies at Rs.0.35.
source - www.dailymirror.lk
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