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
Chamindu Wickramasinghe’s bowling action under scrutiny?
Sri Lankan fast bowler Chamindu Wickramasinghe has come under the spotlight after his bowling action was officially reported as suspicious during a recent domestic encounter.
The incident occurred in a match of the National Super League held from April 6 to 9, where the Dambulla side faced Colombo. Wickramasinghe, representing Dambulla, drew attention from match officials, prompting concerns over the legality of his action.

The on-field umpires, Deepal Gunawardena and Ravindra Wimalasiri, made the report in accordance with standard procedures. Match referee Manoj Mendis also oversaw the process, ensuring that all regulations were followed.
Following the report, the matter has been referred to the Sri Lanka Cricket High Performance Unit for further assessment. Wickramasinghe may now be required to undergo biomechanical testing to determine whether his bowling action complies with the laws of the game.
Cricket
Sri Lanka lasses continue to impress
Sri Lanka Under-19 Women extended their impressive run in the Tri-Series with a composed four-wicket victory over Australia Women Under-19 cricket team at Bill Pippen Oval Today.
After being put in to bat, Australia U-19 struggled to build momentum against a disciplined Sri Lankan bowling attack. Ayla Johnson top-scored with 18 off 29 balls, while Alyssa Dermody added a quick 13. However, regular wickets halted their progress as they finished on a modest 91 for 9 in 20 overs. Limansa Thilakarathne led the bowling effort with an impressive 3 for 26, well supported by Chamudi Praboda, who claimed 2 for 21.
In response, Sri Lanka Women Under-19 cricket team chased down the target with 92 for 6 in 19.3 overs. Despite a few setbacks, Pramudi Methsara anchored the innings with an unbeaten 21 off 17 balls, while Danodya Sewmini contributed a steady 14. Australia’s Filippa Suesee (3 for 18) and Ira Aery (2 for 13) fought hard, but Sri Lanka held their nerve.
News
Football Chief Jaswar Umar Enters Race for NOC Presidency
Jaswar Umar, President of the Football Federation of Sri Lanka, has officially submitted his nomination to contest for the presidency of the National Olympic Committee of Sri Lanka at the upcoming Annual General Meeting.
Umar becomes the fourth candidate in the race, joining Shirantha Peiris, Deva Henry, and Asanga Seneviratne, who are also contesting for the top position in the country’s Olympic body.
His time as football chief has created divided opinions among sports professionals who evaluate his performance. On one hand, Sri Lanka’s national team has shown improvement in international results, including a rise in the FIFA rankings from 204 to 191, along with notable performances against stronger opposition.
However, his approach has also faced criticism. Stakeholders have raised concerns over the increased reliance on Sri Lankan-origin overseas players, with claims that it has limited opportunities for local talent. The long-term vision for developing youth and building grassroots football programs has become a subject of public inquiry.
Umar now aims to advance his career through NOC while he leads Sri Lankan football with both positive results and ongoing public criticism of his work.
The upcoming election will become a competitive battle because four candidates will vie for control of a key position which holds major power within the country’s sports system.
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