ACI to Invest BDT 700 Crore in Shwapno
A Swapno stocker replenishes shelves at a store in the city. Photo: Collected.
Advanced Chemical Industries (ACI) PLC, a listed company on the stock market, has decided to invest Tk 700 crore in its subsidiary, ACI Logistics Limited (Shwapno). Industry insiders believe this investment aims to strengthen the capital base and support the future expansion programme of Shwapno, one of the country's largest supershop chains.
This information was obtained from Dhaka Stock Exchange (DSE) sources. The investment proposal was approved during the company's 23rd board meeting held on July 14.
According to the decision, ACI will subscribe to 7 million (70 lakh) convertible preference shares issued by ACI Logistics. The face value of each share has been set at Tk 1,000, bringing the total investment amount to Tk 700 crore. It has been reported that the investment process will be completed by October 15, 2026, subject to necessary approvals from regulatory authorities.
ACI Logistics Limited operates 'Shwapno', one of the largest modern retail chains in the country. The company markets daily essentials across the nation through supershops, express outlets, and online platforms. In recent years, the company has been consistently investing in business expansion, setting up new outlets, developing technology-driven supply chains, and enhancing customer service.
According to market analysts, this investment through convertible preference shares will further strengthen the capital foundation of ACI Logistics. Additionally, it will assist the company in business expansion, new investments, and increasing operational capacity. In the future, subject to fulfilling designated conditions, these preference shares can also be converted into ordinary shares.
