{"id":26694,"date":"2025-02-03T13:48:08","date_gmt":"2025-02-03T13:48:08","guid":{"rendered":"https:\/\/thebangladeshtoday.com\/?p=26694"},"modified":"2025-02-03T13:48:10","modified_gmt":"2025-02-03T13:48:10","slug":"aci-to-set-up-new-subsidiary-company","status":"publish","type":"post","link":"https:\/\/thebangladeshtoday.com\/?p=26694","title":{"rendered":"ACI to set up new subsidiary company"},"content":{"rendered":"\n

Staff Correspondent
<\/strong>Advanced Chemical Industries Ltd. (ACI), a listed company with local bourses, has decided to set up a new subsidiary company named 'ACI Herbal and Nutraceuticals Ltd.'
The decision was taken at the company's board of directors meeting held on Thursday in the capital.
According to an official disclosure on Sunday, the new entity would have an authorized capital of Tk 100 crore and a paid-up capital of Tk 10 crore. ACI will hold an 85% stake in the subsidiary. The formation is subject to approval from the relevant authorities, the company said in a filing.
The diversified business house reported a loss of Tk 17.68 crore in the October-December quarter of the current financial year, down 50% year-on-year.
ACI's loss per share stood at Tk 3.17 in the second quarter of the financial year, compared to Tk 5.51 a year ago. In 2022, the Bangladeshi conglomerate announced the termination of its joint venture deal with Dabur Int\u2019l Ltd after nearly two decades of partnership. The board has approved the termination of the joint venture contract between Dabur Int\u2019l, formerly known as Redrock Ltd., which was signed on July 5, 2003.
ACI would sell its own 24% stake in Asian Consumer Care Ltd, representing Tk 60 crore. The board has decided that the amount will be used for business expansion.
After the disclosure, ACI's share price fell 1.6% at the end of the trade, hitting Tk147.10.<\/p>\n","protected":false},"excerpt":{"rendered":"

Staff CorrespondentAdvanced Chemical Industries Ltd. (ACI), a listed company with local bourses, has decided to set up a new subsidiary company named 'ACI Herbal and Nutraceuticals Ltd.'The decision was taken at the company's board of directors meeting held on Thursday in the capital.According to an official disclosure on Sunday, the new entity would have an […]<\/p>\n","protected":false},"author":6,"featured_media":26695,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,110],"tags":[54],"class_list":["post-26694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bangladesh","category-economy-business","tag-54"],"yoast_head":"\nACI to set up new subsidiary company - The Bangladesh Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thebangladeshtoday.com\/?p=26694\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ACI to set up new subsidiary company - The Bangladesh Today\" \/>\n<meta property=\"og:description\" content=\"Staff CorrespondentAdvanced Chemical Industries Ltd. (ACI), a listed company with local bourses, has decided to set up a new subsidiary company named 'ACI Herbal and Nutraceuticals Ltd.'The decision was taken at the company's board of directors meeting held on Thursday in the capital.According to an official disclosure on Sunday, the new entity would have an […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thebangladeshtoday.com\/?p=26694\" \/>\n<meta property=\"og:site_name\" content=\"The Bangladesh Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/web.facebook.com\/TBTNews.Media\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-03T13:48:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-03T13:48:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/thebangladeshtoday.com\/wp-content\/uploads\/2025\/02\/aci.png\" \/>\n\t<meta property=\"og:image:width\" content=\"626\" \/>\n\t<meta property=\"og:image:height\" content=\"425\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Bangladesh Today\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bangladesh Today\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=26694#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=26694\"},\"author\":{\"name\":\"Bangladesh Today\",\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/#\\\/schema\\\/person\\\/15f05feb59f0deb930d396ccadfb73de\"},\"headline\":\"ACI to set up new subsidiary company\",\"datePublished\":\"2025-02-03T13:48:08+00:00\",\"dateModified\":\"2025-02-03T13:48:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=26694\"},\"wordCount\":236,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=26694#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/thebangladeshtoday.com\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/aci.png\",\"keywords\":[\"\u099f\u09aa \u09a8\u09bf\u0989\u099c\"],\"articleSection\":[\"Bangladesh\",\"Economy & Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=26694#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=26694\",\"url\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=26694\",\"name\":\"ACI to set up new subsidiary company - 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