CSE filing·Sep 27, 2024
CHANGE IN DIRECTORATE - RE-DESIGNATING MR. D.A. CABRAAL AS A NON-EXECUTIVE DIRECTOR ON THE BOARDConsumer Staples (FMCG)
Company filings and market news from across Sri Lanka's stock market.
Shangri-La Colombo and Shangri-La Hambantota will host the 'Weddings by Shangri-La' bridal showcase on 8 September 2024 at the Shangri-La Ballroom, Colombo; Lion Brewery is listed as a participating vendor.
Distilleries Company of Sri Lanka (DCSL) said excise duty hikes to Rs6,840 per absolute proof litre and other taxes have raised legal alcohol prices ~58%, reduced its sales and are pushing consumers toward illicit kasippu. The company warned the wider taxation gap is expanding the illicit market, harming legal producers.
The Exporters' Association of Sri Lanka held its 27th AGM on 30 Jul 2024, electing Yohan Lawrence as Chairman and appointing HNB's Rozanne de Almeida and Hayleys' Nalaka Rathnayake as 1st and 2nd Vice Chairs; the managing committee includes listed exporters such as HNB, Sampath, Hayleys, Dipped Products, Lion Brewery, Bogala Graphite and Hela Apparel.
Haycarb PLC’s Deputy MD Brahman Balaratnarajah was re-elected IASL Chairman for 2024/25 at the Industrial Association of Sri Lanka's 33rd AGM on Aug 9, 2024. The AGM highlighted the industrial sector's role and named an Executive Committee including PGP Glass, Lion Brewery, Richard Pieris, Ex-Pack, Swadeshi and Ceylon Tobacco.