Thursday July 17 2025
News Source: Global Exchanges
Focus: Listing Rules
Type: General
Country: Sri Lanka
On 16th July 2025, the Colombo Stock Exchange (CSE) announced that it has revised the Listing Rules to introduce rules pertaining to the delisting of securities of Listed Entities from the official list of the CSE. Section 13 of the CSE Listing Rules contains rules relating to delisting of securities of Listed Entities from the official list of the CSE and the said revisions have been approved by the Securities and Exchange Commission of Sri Lanka (SEC).
The revised Rules are effective from 14th July 2025 and have been incorporated to the CSE Listing Rules.
The Rules which have been amended are highlighted below for ease of reference.
| Rule No. | Synopsis of Rule Amendments |
| Contents | Insertion of new section, “Section 13 – Delisting Rules” |
| Rule 5.11.1(3) | New reference made to section 13, pertaining to the issue and listing of shares pursuant to an Amalgamation of companies. |
| Sections 7 & 9 | Amendment of references made to section 13, pertaining to delisting of securities of Listed Entities stemming from enforcement actions, due to non-compliance with continuous listing requirements and Corporate Governance requirements, respectively |
| Section 13 | New Rules introduced to provide for the delisting of securities of Listed Entities from the official list of the CSE in the following scenarios;
• Voluntary delisting • Delisting due to non-compliance with the CSE Listing Rules • Delisting due to Amalgamations · • Delisting due to a Directive issued by the SEC |
Click on the above link for further information
