Sri Lanka: Distilleries Company takes over subsidiary’s beer brewing, distribution

Distilleries Company of Sri Lanka PLC (DCSL) said that its wholly owned subsidiary, DCSL Breweries Lanka Ltd, has transferred its brewing, packaging and distribution activities to DCSL with effect from October 28, Economy Next reported.

“Accordingly, DCSL PLC will undertake the brewing, packaging and distribution of beer in addition to its existing activities of distilling, bottling and distributing hard liquor,” the company said in a market filing.

The company said it had obtained the approval of the Excise Department for the transfer of the relevant licenses.

“While this change would be convenient for the Company and the retail shops, it would not significantly impact the Group’s profits.”

After the transfer, DCSL PLC will produce and distribute licensed beer brands, including Heineken, Tiger, and Anchor, as well as the Group’s own brands, including Aliya, Bison, and DCSL beer, in the Sri Lankan market.

The stock was trading up 2.70 rupees at 54.70.

30 October, 2026