Colombo, Sri Lanka – 25 September 2026 – Dankotuwa Porcelain PLC (DPL), a prominent player in Sri Lanka’s manufacturing sector and a listed entity on the Colombo Stock Exchange (CSE), today announced significant board changes following its Annual General Meeting (AGM) held on 25th September 2026. The company confirmed that all resolutions tabled at the AGM were unanimously approved by shareholders, alongside the formal notification of a director’s decision not to seek re-election.
All Resolutions Unanimously Approved at Dankotuwa Porcelain AGM
The AGM, a crucial annual event for shareholder engagement and corporate governance, saw a resounding endorsement for Dankotuwa Porcelain PLC’s proposals. Nexia Corporate Consultants (Pvt) Ltd., the Corporate Secretaries to Dankotuwa Porcelain PLC, officially confirmed that all resolutions presented for shareholder consideration received unanimous approval. This outcome signals strong shareholder confidence in the company’s strategic direction and management.
Director Chandana Gamage Opts Not to Seek Re-Election
A key development arising from the AGM is the departure of Mr. Chandana Gamage from the Board of Directors. Mr. Gamage, who was due to retire by rotation in accordance with Article No.24 (6) of the company’s Articles of Association, communicated his decision not to seek re-election. His decision was formally tabled before the shareholders at the AGM, marking the end of his tenure as a Director of Dankotuwa Porcelain PLC with immediate effect from 25th September 2026.
Stepping Down from Key Committees
In addition to ceasing his role as a Director, Mr. Gamage will also be stepping down from his positions on two vital board committees. Effective from 25th September 2026, he will no longer serve as a member of the Nomination and Governance Committee (NGC) and the Related Party Transactions (RPT) Review Committee. These committees play crucial roles in maintaining high standards of corporate governance and ensuring transparency within the company.
Compliance and Future Outlook
This communication aligns with the regulatory requirements stipulated under Rule 7.2 of the Listing Rules of the Colombo Stock Exchange, ensuring transparency for investors and the market. While the departure of a director marks a transition, the unanimous approval of all resolutions at the AGM underscores Dankotuwa Porcelain PLC’s stable operational framework and commitment to robust corporate governance practices. The company is expected to continue its operations under the guidance of its remaining board and management, upholding its reputation for quality and excellence.
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