Melstacorp Trims Stake in DCSL via Rs. 118M Share Sale 📈

• Overall Transaction: Melstacorp PLC divested 2 million shares of its flagship subsidiary, Distilleries Company of Sri Lanka (DCSL), on March 11, 2026. • Financials: The shares were sold at a price of Rs. 59 per share, totaling a transaction value of approximately Rs. 118 million. • Shareholding Impact: • Previous Holding: 4,250,264,664 shares (92.40%) • New Holding: 92.35% • Context: Despite this marginal reduction, Melstacorp retains overwhelming control of the beverage and spirits giant, which remains a core pillar of the group's investment portfolio and a significant contributor to the national manufacturing sector.