News

DCSL to redefine brewing landscape with palatable new product launch Distilleries Company of Sri Lanka PLC (DCSL), yesterday said it will redefine brewing landscape with palatable new product launch following the acquisition of 99.4% of Heineken Lanka’s shares from Heineken Asia Pacific Pte Ltd., last year.  This acquisition signalled a major milestone in DCSL’s expansion…
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Mr. Lakshman Silva started his professional career with the Department of Inland Revenue of Sri Lanka and joined the DFCC Banking Group in 1987. He was seconded to the service of DFCC Vardhana Bank in 2003 and functioned as the Chief Operating Officer until appointment as the Chief Executive Officer/Executive Director in January 2010. He…
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Ashoka Goonesekere has been appointed to the Board of Distilleries Company of Sri Lanka as an Independent Non-Executive Director. With a wealth of over 36 years of expertise in the banking industry, Goonesekere brings a distinguished background in financial reporting, financial management, taxation, financial operations, and risk management. Holding an MBA from the University of…
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Ravi joins Distilleries, Aitken Spence Hotels Boards Dr. Ravi Fernando has joined the Boards of Distilleries Company of Sri Lanka (DCSL) Plc and Aitken Spence Hotel Holdings Plc as an Independent Non-Executive Director. Fernando is an Alumni of the University of Cambridge having completed both a Post Graduate Certificate in Sustainable business in 2008 and…
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DCSL Chairman  Harry Jayawardena Distilleries buys Heineken’s Lankan business for Rs. 4.2 b Business tycoon Harry Jayawardena-controlled Distilleries Company of Sri Lanka (DCSL) has acquired the local operations of global beer giant Heineken for Euro 12 million or over Rs. 4.2 billion. In a disclosure to the Colombo Stock Exchange, DCSL said it acquired 99.4%…
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HEINEKEN signs agreement with Distilleries Company of Sri Lanka in Sri Lanka Heineken International B.V. (HEINEKEN) has signed an agreement with Distilleries Company of Sri Lanka PLC (DCSL) today (17). DCSL is a Public Limited Liability Company and is listed on the Colombo Stock Exchange (CSE). Under this agreement, HEINEKEN will sell all its shares…
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Melstacorp PLC yesterday announced the appointment of Cedric Royle Jansz as the company’s Deputy Chairman, with effect from September 5, 2023. Prior to this appointment, Jansz was functioning as an Executive Director of the company.Jansz is a Director of Stassen Group, Distilleries Company of Sri Lanka PLC, Lanka Milk Foods Group and Aitken Spence PLC.  He…
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Distilleries Company of Sri Lanka PLC has appointed Capt. Kolitha Jagath Kahanda as the Joint Managing Director of the company effective from 22 September. Capt. Kahanda has been with the Group since 1993 and has been a member of the DCSL Board since 2006. According to DCSL Chairman and Managing Director Harry Jayawardena, Capt. Kahanda…
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Thu 29 Sep, 2022 – 4:44 AM ET Fitch Ratings – Colombo – 29 Sep 2022: Fitch Ratings has affirmed the National Long-Term Ratings of Sri Lanka-based conglomerate, Melstacorp PLC, and its subsidiary, Distilleries Company of Sri Lanka PLC (DIST), at ‘AAA(lka)’. The Outlook is Stable. Fitch equalises the rating of DIST, which has a…
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