Why NKAR

Top Ranking Operator

At the inception, NKAR fully concentrated on outbound travel. Gradually the company got involved as Sri Lanka tour operators who work with inbound tours as well. Since getting into inbound tourism, the organization has been steadily growing, increasing the number of arrivals year after year. NKAR takes pride in being one of the leading tour operators in Sri Lanka with 45 years of good business ethics and offers over 100 job opportunities while sharing 15 million dollars of business per annum having a wide selection of services for business and leisure travel all under one roof.

Stability through Diversity

NKAR Travel House is a member of a diversified group of companies (Devagiri Group (Pvt.) Ltd.), with interests in Plantations, manufacturing of tea and rubber and Hoteliering. The members in the group include.

Iddamaldeniya Estate Ltd.

The Factory was bought over in 1997 by Devagiri Group. Today Iddamaldeniya Estates produces over 50,000Kgs of low grown, high quality tea per month.

Devagiri Hotels (Pvt.) Ltd. (Insight Resort)

In 1983, the group ventured in to the hotel sector with the establishment of Insight Resort, a Tourist Beach Resort at Ahangama.This 53-roomed 3 star quality hotel with 80 beds on the south Coast is the ideal venue to unwind, sea bath and provides swimming pool and many other recreational facilities. It has also weekly entertainment programme with theme nights, scrumptious buffets and barbecues etc.

Drive time from Katunayaka International Airport to the Resort is approximately 2 and 1/2 hrs. From Mathala International Airport to the Resort would be 1 and 1/2 hrs.

Board of Directors

Padma Nanayakkara

Chairman of NKAR Travels & Tours (Pvt) Limited, is former Chairman of the Private Tea Factory Owners Association and a past Director of the Sri Lanka Tea Board. He also held the position of Managing Director, Devagiri Plantations Limited for a period of 45 years and of Iddamaldeniya Estates Limited for 16 Years.

Mrs. Wasantha Nanayakkara

Attorney at Law, is a former Deputy Commissioner of the Inland Revenue Department of Sri Lanka. Currently she is involved in the Human Rights Commission.

Mrs, Manoshri Nanayakkara

Is the Managing Partner of Y N Printers, which is synonymous with modern printing technology in Sri Lanka.

Mrs. Swarna Meegama

A Bachelor of Arts from the University of Colombo, is the Group Secretary and Coordinator.

Mrs. Ranjani Tennakoon

Director and Board Member.

Mrs. Lanka Panditharatne

Director and Board Member.

Mrs. Dharma Gammampila

A Lawyer by profession, is the Director HR & Legal for Devagiri and NKAR Group of Companies, She serves as non-executive member of the Board of Directors of People’s Bank of Sri Lanka.

Hemakumara Nanayakkara

Has a doctorate in Organic Agriculture, and an MPhil (Sri Lanka) and a B.Sc. (Calif) in Agriculture. He is the former Minister of Agricultural Technology and Crop Productivity. Presently, he is the Managing Director of Devagiri Plantations Limited and Iddamaldeniya Estates Limited.

Mr Asanga Nanayakkara

Is a Production Engineer (M.I.E,, M.I.E,T.). Also an entrepreneur managing a fleet of Motor Coaches for tourist transportation. He is also the Director Accounts and Administration of Devagiri Plantations Limited and Iddamaldeniya Estates Limited.

The Associate Companies in Profile

Devagiri Group (Pvt) Limited

Devagiri Group (Pvt) Limited established in 1948, is situated in the South of Sri Lanka and owns 550 acres of tea and rubber. The Group owns one of the largest and most sophisticated tea factories with a capacity of 100,000 kgs per month. The rubber factory produces a large volume of smoked rubber sheets.

Iddamaldeniya Estates Limited

Iddamaldeniya Estates Limited was bought over by Devagiri Group in 1997. Since then the factory has been fully overhauled and refurbished from time to time and the factory now has a capacity of producing 50,000 kgs of made tea per month. Iddamaldeniya is yet another modernized tea factory in the low grown plantations.

Devagiri Hotels (Pvt) Limited

The Group ventured into the hotel sector in 1983, with the establishment of Hotel Club Lanka, a Tourist Beach Resort at Ahangama on the Southern coast. This 33-roomed hotel in 2005 did a name change to ‘Insight Resort’ with a change of product and the trend. This property is well accepted as a good 3* quality product by all partnering tour operators. The property also extends conference facilities for small groups. Plans are underway to construct another 22 rooms to make the resort to be a 55 roomed property.

Corporate Information

Company Secretaries

Devagiri Coordinating Office,
No 179/1, Nawala Road,
Nugegoda, Sri Lanka.

Auditors

BDO Partners City Office,
126 2/1, 2nd Floor,
Y.M.B.A. Building,
Sir Baron Yeyathilake Mawatha,
Colombo, Sri Lanka.

Bankers

Peoples Bank, Corporate Division,
35, ANCL Building,
D.R.Wijewardena Mw,
Colombo, Sri Lanka