ACI invests Tk640cr in Shwapno to expand operations, improve supply chain
The decision was taken at the company's board meeting held today (29 January), according to a disclosure published on its website.
Advanced Chemical Industries (ACI) PLC has approved an investment of Tk640 crore in its subsidiary, ACI Logistics Limited, which operates the country's leading retail chain Shwapno. The move is aimed at strengthening the business and supporting future growth.
The decision was taken at ACI's board meeting on Thursday, according to a disclosure on the company's website. The investment will be made through the subscription of 6.4 million convertible preference shares of ACI Logistics, each with a face value of Tk1,000.
The total subscription amounts to Tk640 crore and is expected to be completed on or before 31 March 2026, subject to approval from the relevant regulatory authorities.
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Shwapno, the flagship brand of ACI Logistics, is one of Bangladesh's largest organised retail chains, with a widespread presence across the country. The fresh capital is expected to strengthen the balance sheet, expand operations, and enhance supply chain efficiency amid stiff competition in the retail sector.
Market insiders said the move reflects ACI's continued commitment to its retail business, which has been expanding rapidly despite challenges such as rising operating costs and margin pressure in consumer goods. By investing through convertible preference shares, ACI is also maintaining strategic flexibility to manage its stake in the subsidiary over the long term.
In a separate decision, ACI's board approved the formation of a dedicated institution focused on artificial intelligence. The new entity, named ACI Institution of Artificial Intelligence, will receive an initial investment of Tk5 crore and is subject to regulatory approval.
Company officials said the institute will help ACI build expertise in artificial intelligence, data analytics, and digital solutions, strengthening technological innovation across its businesses.
Industry observers noted that the initiative comes at a time when major Bangladeshi conglomerates are increasingly adopting AI to improve efficiency, optimise supply chains, enhance customer engagement, and support research and development. For a diversified group like ACI, AI-driven solutions could impact pharmaceuticals, consumer goods, agribusiness, and retail operations.
ACI PLC is one of the country's leading conglomerates, with operations spanning pharmaceuticals, consumer brands, logistics, and retail.
