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The company started when Otara Gunewardene began selling factory surplus garments and apparel from her car boot to family and friends in 1989. [5] [6] [7]Gunewardene registered Odel (the name is based on her own name, Otara Del Gunawardene [5]) as a private limited liability company on 31 October 1990 [7] [8] and the company opened its first 37 m 2 (400 sq ft) store on Dickmans Road in Colombo.
They also acquired Asiri group of hospitals as well as a large stake in the retail chain ODEL and built a 5-star 24-storey hotel with Movenpick in Colombo. [ 3 ] [ 6 ] [ 7 ] [ 8 ] Sectors
LOLC Holdings PLC is a Sri Lankan conglomerate listed on the Colombo Stock Exchange (CSE). Originally starting as a non-banking financial company LOLC has grown into one of the largest Sri Lankan conglomerates involved in many sectors and subsidiaries in several countries although it is still mainly involved in the financial sector.
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Otara Del Gunawardene was born on 30 August 1964 in Colombo, Sri Lanka the third child to Norman and Delysia Gunewardene. [4] Her father was a former Chairman of Aitken Spence and her mother, Delysia, established the Chitra Lane School for differently-abled children.
Rajagiriya within the Kotte municipal limits comprises: Ward no. 1 - Rajagiriya (includes Rajagiriya proper - the area around the Governor's house - Obeyesekerepura, Moragasmulla and Madinnagoda road, bounded by the Kolonnawa Ela canal on the north, the Heen Ela canal on the west, the Cotta Road on the south and the Welikada ward on the east);