📈 Melstacorp Divests 0.04% Stake in DCSL for Rs. 119 Million

• Transaction Details: Melstacorp PLC sold 2 million shares of Distilleries Company of Sri Lanka PLC (DCSL) on February 19. The divestment was executed at a price of Rs. 59.50 per share, totaling a cash inflow of Rs. 119 million. • Ownership Impact: Melstacorp’s controlling interest in DCSL saw a marginal reduction, moving from 92.44% to 92.40%. The group retains a dominant position with over 4 billion shares remaining in the subsidiary. • Market Movement: Following the announcement, DCSL shares closed at Rs. 59 (down Rs. 0.30), while Melstacorp PLC shares ended at Rs. 181.25 (down Rs. 1.75). • Asset Position: As of December 2025, Melstacorp reported net assets of Rs. 131.99 per share, compared to DCSL’s net asset value of Rs. 4.14 per share.