News
First Capital Announces Platinum Sponsorship and Steps onto the Rugby Field with CR&FC
First Capital Holdings PLC, a Janashakthi Group Company, proudly announces its partnership with the Ceylonese Rugby & Football Club [CR&FC] as the Platinum Sponsor for the upcoming rugby season. This collaboration marks First Capital’s first venture into the rugby realm through its association with CR&FC, with aims of fostering the growth of rugby in Sri Lanka, which boasts a large following. CR&FC, with its illustrious 100-year legacy in Sri Lankan Rugby, stands as a testament to the country’s rich Rugby heritage, having produced exceptional players who have represented the nation. In line with this legacy, the club has a visionary plan to establish a Rugby academy in the future. First Capital is proud to partner with this exceptionally strong team and will support CR&FC through yet another successful Rugby season.
By partnering with CR&FC, one of the greatest Rugby clubs in Sri Lanka, First Capital looks forward to uplifting one of the nation’s most passionately followed sports. As both dynamic organisations place a strong emphasis on ‘Performance First’ this partnership is destined to reach new heights with countless benefits for all.
Randinith Madanayake, Head of Marketing at First Capital, emphasised the significance of this partnership, stating, “At First Capital, our guiding principle is ‘Performance First.’ Partnering with CR&FC, a club synonymous with on-field excellence, allows us to extend this ethos to the wider community and showcase our commitment to sports in Sri Lanka during what has been a particularly difficult season. We believe Rugby has a promising future in Sri Lanka and are committed to fostering excellence in the sphere of Sri Lankan sports. First Capital is also committed to supporting the financial awareness of athletes. This sponsorship not only represents a pivotal step towards fostering the holistic development of Rugby in Sri Lanka, but also represents a step towards improving the lives of all Sri Lankans through financial solutions. We firmly believe that financial empowerment is essential for this progress, and we are fully prepared to provide that support.”
With a strong emphasis on upholding stability, fostering a competitive advantage, and providing an exceptional customer experience, First Capital focuses on staying true to its ‘Performance First’ spirit. First Capital stands strong with robust fundamentals, dedicated teams, and the support of the Janashakthi Group, allowing it to weather challenging market cycles. The organization is actively expanding its reach and significance by embracing an evolving digital platform, bolstering its digital capabilities, and integrating its operations. These efforts are aimed at transforming client experiences, fostering operational efficiency, and driving overall growth & sustainability.
END.
About First Capital Holdings PLC:
First Capital Holdings PLC is a member of the Janashakthi Group, focused on delivering ‘Performance First’ through its operations as primary dealer, corporate finance advisory, wealth management and stock brokering.
With over four decades of expertise in providing capital market solutions, First Capital Holdings PLC is a listed full-service investment institution in Sri Lanka. First Capital Holdings PLC is rated [SL] A with Stable outlook by LRA.
The Board of Directors of First Capital Holdings PLC comprises of Nishan Fernando (Chairman), Manjula Mathews (Deputy Chairperson), Dilshan Wirasekara (Managing Director / Chief Executive Officer), Ramesh Schaffter, Minette Perera, Chandana de Silva and Nishan de Mel.

Cricket
Kingswood College ends 68-year wait with historic victory
Kingswood College, Kandy, ended a 68-year wait with a historic triumph at the 119th Battle of the Maroons, defeating Dharmaraja College by 148 runs.
It was their first victory in the annual ‘Big Match’ since 1958, a moment that will be remembered as one of the school’s greatest cricketing achievements.
Kingswood set the tone with a first-innings total of 226 before dismissing Dharmaraja for 160 to secure a 66-run lead. In the second innings, a bold declaration at 248/4 left the Rajans chasing a steep target. The pressure proved too much, and Dharmaraja collapsed for 166, sealing Kingswood’s emphatic win.
The dominant performance brought the T.B. Tennakoon Trophy back to Randles Hill, ending nearly seven decades of anticipation and marking a new chapter in Kingswood’s cricketing legacy.
Cricket
Naqvi: PCB to Take Action Against PSL Players Opting for IPL
Pakistan Cricket Board (PCB) chairman Mohsin Naqvi has vowed to enforce disciplinary measures against players who abandon the Pakistan Super League (PSL) at the last minute to join the Indian Premier League (IPL). With the two tournaments overlapping for a second consecutive year, tensions are rising over player commitments.
Sri Lanka’s Dasun Shanaka is the latest to withdraw, leaving Lahore Qalandars to join Rajasthan Royals as a replacement for the injured Sam Curran. Qalandars have named Australia’s Daniel Sams as Shanaka’s replacement. Earlier, Zimbabwe pacer Blessing Muzarabani pulled out of the PSL after signing with Kolkata Knight Riders.
Naqvi made his stance clear:
“We will take action against those players according to the rules. There was a case last year too [Corbin Bosch, banned for one year], and the same thing will happen this time.”
Bosch, a diamond pick for Peshawar Zalmi, had switched late to Mumbai Indians in the IPL last season.
Despite the clash with the IPL, Naqvi insisted the PSL would not be rescheduled:
“Clashing with the IPL is not an issue because if players are going there, we’re getting excellent players coming here as well. We could not afford to postpone the PSL because we have no other window all year.”
Withdrawals and Scheduling Challenges
Several other players have also withdrawn from PSL 2026, including Gudakesh Motie, Jake Fraser-McGurk, Ottneil Baartman, and Spencer Johnson, though most cited personal reasons.
The PSL is scheduled to begin on March 26, just two days before the IPL kicks off. Due to an ongoing oil crisis linked to the West Asia conflict, Naqvi confirmed the tournament will be played behind closed doors. Venues have also been reduced from six to two: Lahore and Karachi.
Cricket
Matheesha Pathirana Set for Delayed IPL 2026 Return
Sri Lankan fast bowler Matheesha Pathirana is expected to miss the opening matches of the IPL 2026 season, with his return likely only around mid-April. The update was confirmed by Abhishek Nayar, head coach of Kolkata Knight Riders.
Pathirana has been sidelined due to a calf strain that also forced him out of the ICC Men’s T20 World Cup 2026 earlier this year. The young pacer managed to feature in just three matches during the global tournament before suffering the injury. He was visibly in discomfort and had to be assisted off the field during Sri Lanka’s clash against Australia.
Currently undergoing rehabilitation, Pathirana’s recovery is being closely monitored, with team management keen to ensure he regains full fitness before returning to competitive cricket. His absence will be a setback for Kolkata Knight Riders, given his reputation as a specialist death-over bowler with a unique sling action.
The franchise is expected to manage his workload carefully once he rejoins the squad, especially with a long tournament ahead. Pathirana’s return in the latter half of the competition could prove crucial as teams push for playoff positions.
For now, both Sri Lanka and KKR will be focused on his complete recovery, with hopes that the talented speedster will soon be back delivering his trademark yorkers on the big stage.
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