Corporate Governance

Statement of Compliance

Towards a continuous stride in achieving a more cohesive and efficient approach to corporate reporting, Dankotuwa Porcelain PLC has been compliant with the below-mentioned Rules and Regulations declared by the regulators.

• Companies Act No 07 of 2007
• Code of Best Practice on Corporate Governance (2017) issued by CA Sri Lanka
• Listing Requirements of the Colombo Stock Exchange
• Securities and Exchange Commission of Sri Lanka Act No. 36 of 1987 (as amended).
• The International Integrated Reporting Council’s (IIRC) International Framework (January 2021) (voluntary)
• Guidelines for Presentation of Annual Reports issued by CA Sri Lanka (voluntary)

Dankotuwa Porcelain PLC has established and maintained the following policies & adheres to CSE listing rules in order to maintain a comprehensive and integrated structure to create an environment that enables the company and its stakeholders to maintain rigorous standards of governance to achieve the strategic objectives.

·         Policy on the matters related to the Board of Directors

·         Policy on Board Committees

·         Policy on Corporate Governance, Re-election and Nomination

·         Policy on Remuneration

·         Policy on Internal code of business and ethics on all directors and all employees including

·         policies trading in the entity’s listed securities

·         Policy on Risk Management and Internal Controls

·         Policy on Relations with Shareholders and Investors

·         Policy on Environment, Social, and Governance Sustainability

·         Policy on Control and Management of Company Assets and Shareholder Investment

·         Policy on Whistleblowing

·         Policy on Anti-Bribery and Corruption

The Policy on relations with shareholders & investors includes a process to make all directors aware of major issues and concerns of shareholders. Such a policy can be accessed by anyone interested by clicking here.