Another ACI director to buy 15.15 lakh shares
On Wednesday, ACI shares closed 3.23% higher at Tk153.20 at the DSE
Shusmita Anis, director of Advanced Chemical Industries (ACI), now expressed her intention to buy 15.15 lakh shares of the company.
She is now serving as a nominated director on the board of publicly listed company ACI, and holds 14.75 lakh shares of the company, according to ACI's shareholding report for December 2024.
According to a disclosure published on the Dhaka Stock Exchange (DSE), Shusmita Anis intends to purchase the shares at the prevailing market price on the block market within the next 30 days.
Today (15 January), ACI shares closed 3.23% higher at Tk153.20 at the DSE.
In the last week, Arif Dowla, managing director of ACI Ltd, announced his plans to purchase six lakh shares of the company.
The total paid-up capital of ACI is Tk87.63 crore, while the number of shares in circulation is 8.76 crore.
According to the company's monthly shareholding report for last year December, Arif Dowla owns 37.98 lakh, or 4.97%, shares in the company.
ACI Limited Chairman Anis Ud Dowla holds 20.07% of shares, ACI Foundation 9.26%, Shusmita Anis 1.93%, Investment Corporation of Bangladesh 6.42%, ICB Unit Fund 7.15%, Shanta Holdings Limited 5.37%, and the rest are held by the general shareholders, as per the report.
ACI Limited reported a pretax loss of Tk155 crore in its retail chain Shwapno, foods, consumer plastics, and healthcare businesses during the July to September quarter of this fiscal year.
The conglomerate, however, achieved a pre-tax profit of Tk130 crore from its pharmaceuticals, animal health, consumer brands, crop care and public health, motors, pure flour, salt, and flexible packaging segments.
These businesses operate under 12 subsidiaries of ACI, where the company holds majority stakes, according to its financial statement.
Earlier, in November, ACI reported that its consolidated losses jumped by 168% to Tk42 crore during the July-September period, the first quarter of the current fiscal year.
According to its unaudited financial statement, its consolidated revenue fell by over 2% to Tk2,971 crore compared to the same period in FY24.
At the end of the September quarter of FY25, its consolidated loss per share stood at Tk5.54, which was Tk2.07 a year ago.
The company paid a 20% cash and 15% stock dividend to its shareholders for the fiscal year 2023-24.
During the year, it incurred a loss of Tk139.46 crore, which was 182% higher than the previous year's losses.