Maldives Stock Exchange Company Pvt. Ltd. and Maldives Securities Depository Company Pvt. Ltd. have outlined the next stage of development for the country’s capital market, following the companies’ 19th Annual General Meetings for the year 2025.
The meetings, held on 23 June 2026, reviewed the Group’s performance for the year ended 31 December 2025, while addressing key governance, financial and shareholder matters.
Group Chief Executive Officer Aushan Latheef delivered a presentation on the Group’s progress over the past year and recent years, with a focus on the future direction of the Maldives capital market. The discussions reflected continued efforts to expand market activity, improve digital systems and strengthen the institutional framework supporting securities trading and capital formation.
Among the main developments highlighted during the year were stronger market activity, progress in digital infrastructure, and efforts to broaden capital formation through debt market instruments. The Group also noted that Phase 1 of the Central Securities Depository system had been completed, with internal testing now under way.
The approval of the Group’s Strategic Plan for 2026 to 2030 was also highlighted as a key development. The plan sets out priorities including market expansion, digital transformation, governance, stakeholder confidence and long-term institutional sustainability.
Shareholders approved the Directors’ Reports and Audited Financial Statements for 2025. Deloitte was appointed as External Auditor for 2026, while amendments to the Memorandum and Articles of Association of both companies were also approved.
The shareholders further approved the re-appointment of Abdulla Habeeb and Noorubaan Fahmee to the Boards of MSE and MSD.
The meetings concluded with the Group reaffirming its focus on developing a more active, accessible and resilient capital market in the Maldives.
