Dankotuwa Porcelain PLC is to raise additional funds through a Rights Issue of 90,307,178 shares in proportion of five (05) new ordinary shares for every four (04) shares at Rs. 08 per share.

The current stated capital of Dankotuwa Porcelain PLC is Rs. 679,644,223 represented by 72,245,742 shares.

The funds thus raised would be utilized for plant modernization and to settle short term loans.