Economy & Growth Companies

Dipped Products rings market opening bell to commemorate Golden Jubilee

Dipped Products PLC (DPL) recently commemorated its 50th anniversary by ringing the market opening bell on the trading floor of the Colombo Stock Exchange (CSE).

DPL, founded in 1976, is a leading manufacturer of protective handwear and plantation management service provider, leveraging access to premium natural rubber and serving customers across more than 70 countries worldwide.

CSE CEO Rajeeva Bandaranaike said: “As the CSE continues its path towards fostering sustainable and inclusive financial growth, we take great pride in supporting companies such as DPL who have contributed meaningfully to national development, the livelihoods of Sri Lankans, and the strength of our export sector on the global stage.”

DPL Managing Director Pushpika Janadheera said: “Marking 50 years since our incorporation in 1976 is a proud milestone for DPL and a reflection of the trust placed in us by our stakeholders. From our beginnings in Sri Lanka to becoming a globally recognised hand protection manufacturer, our journey has been driven by innovation, resilience, and strong values.”

Commenting on DPL’s long history as a listed company which had joined the CSE at the exchange’s inception, he said: “We have remained committed to good governance, sustainable growth, and long-term value creation. This bell-ringing symbolises not only our achievements over the past five decades, but also our continued commitment to building a stronger future for our stakeholders and contributing to Sri Lanka’s export economy.”

DPL is also a member of Hayleys PLC, one of Sri Lanka’s largest diversified conglomerates. Having been a listed company since the inception of the CSE, it is also the winner of numerous awards, including the Presidential Export Awards for Innovative Export and Best Exporter under the Latex Rubber Product category.

Source: Daily FT