Ambeon Appoints New Directors to Harischandra Mills Board 📈

Majority shareholder Ambeon Essentials Ltd., a subsidiary of Ambeon Capital PLC, has announced the appointment of four high-profile directors to the Board of Harischandra Mills PLC, effective May 12, 2026. • New Board Appointments: Dr. Sajeeva Narangoda (Executive Director): Current Group CEO of Ambeon Holdings PLC. He brings extensive experience in healthcare administration, porcelain, and IT services. Aravinda de Silva (Non-Independent, Non-Executive): Legendary cricketer turned corporate leader. He represents Arcasia Holdings and specializes in logistics, automotive, and investment strategy. Savanth Sebastian (Independent, Non-Executive): Former Senior Economist at Commonwealth Bank of Australia with expertise in capital markets, investment strategy, and economic research. Sujeewa Mudalige (Independent, Non-Executive): Former Managing Partner of PwC Sri Lanka and current Chairman of Ambeon Capital. He brings over 30 years of experience in audit, finance, and regulatory governance. • Strategic Context: The move strengthens the leadership of Harischandra Mills, a key player in the food & essentials sector, by integrating experts from financial services, ICT/BPM, and manufacturing. This restructuring highlights Ambeon’s focus on leveraging diverse corporate governance and cross-industry expertise to drive growth in one of Sri Lanka’s long-standing consumer brands.