Janashakthi Finance PLC, a member company of JXG (Janasakthi Group of Companies), was honoured with several awards at the recently held TAGS Awards 2025 (Transparency, Accountability, Governance and Sustainability). This year marks the 60th anniversary of the award ceremony, which recognizes the highest standards in corporate governance, transparency and corporate reporting.
The Diamond Jubilee TAGS Awards ceremony was held at the Shangri-La Hotel, Colombo. The awards ceremony, organized by the Chartered Institute of Accountants of Sri Lanka (CA Sri Lanka), was also supported by the Colombo Stock Exchange (CSE). A number of companies and institutions that have adopted best practices in corporate reporting have been recognized at this award ceremony over the past 60 years.
At this year’s awards ceremony, Janashakthi Finance PLC received a Certificate of Recognition for Corporate Governance Disclosure (Financial Services Special Awards Category), a Certificate of Recognition for Integrated Reporting and a Bronze Award in the Finance Companies and Leasing Companies (Group Assets Rs. 25 – 75 Billion) category.
These awards, presented after a rigorous evaluation process by the Institute of Chartered Accountants of Sri Lanka, further confirm Janashakthi Finance PLC’s recognition as a responsible and well-governed company in the finance and leasing services sector in Sri Lanka.
These awards were received for the last published annual report by Janashakthi Finance PLC. The report is an effective medium for communicating the company’s financial performance, corporate governance framework, risk management practices, sustainability programs and approach to long-term value creation. The report, which was prepared and published in a manner that was well-suited to the needs of the financial services industry, also included a number of important information related to the company’s corporate governance structures, internal control arrangements and decision-making processes.
The report, through its integrated presentation of financial and non-financial information, clearly demonstrates how good corporate governance is important for sustainable performance and strategic growth, while also being in line with regulatory requirements, changing stakeholder expectations and global best practices in reporting.
Commenting on the award, Mr. Sidambaram Sri Ganendran, CEO of Janashakthi Finance PLC, said: “Receiving these awards at the 2025 TAGS Awards is another important milestone in the journey of Janashakthi Finance PLC. These awards reflect the discipline, transparency and accountability that are embedded in our reporting tradition. Our annual report is not just about complying with regulatory requirements. It is a report designed to provide stakeholders with a clear, comprehensive understanding of our corporate governance, risk management and sustainable value creation. We believe that this independent assessment by the Institute of Chartered Accountants of Sri Lanka will further strengthen the trust placed in us by all stakeholders, including our clients, investors, regulatory bodies and business partners.”
He added that these awards are a recognition of the company’s continuous efforts to continuously improve the quality and clarity of its corporate reporting, while maintaining the highest standards of corporate governance and information disclosure, while complying with regulatory requirements.
With this achievement, Janashakthi Finance PLC has once again set a clear example of responsible financial reporting in the financial services sector in Sri Lanka. Being recognized at the 2025 TAGS Awards will strengthen the trust of its stakeholders in the company, and will further cement its reputation as a reliable, transparent and future-oriented financial institution.
About Janashakthi Finance PLC (formerly Orient Finance PLC)
Janashakthi Finance PLC offers a range of solutions and services to suit the needs of its customers, including Fixed Deposits, Savings Accounts, Leasing, Gold Loans (Mortgage), Alternatives, Financial Solutions and Corporate Finance. The company has a strong and stable legacy of 44 years in the financial services sector in Sri Lanka. Janashakthi Finance PLC has earned a great reputation among its customers as a provider of excellent financial solutions and services, with a focus on innovation. Janashakthi Finance PLC, a subsidiary of JXG (Janasakthi Group), is a licensed company of the Central Bank of Sri Lanka and has been rated BB+ (Positive Outlook) by the Lanka Rating Agency (LRA).
A.R.B.J Rajapaksha