ACI Limited has said its Managing Director (MD) Arif Dowla plans to buy 3.02 lakh shares through the Dhaka Stock Exchange (DSE) by 30 April.
The shares will be purchased at the prevailing market price through the block market, the company said in a disclosure.
The disclosure is in line with Regulation 34(1) of the DSE (Listing) Regulations, 2015 and Rule 4 of the Bangladesh Securities and Exchange Commission’s rules on substantial share acquisition and control.
ACI is a diversified conglomerate with operations in pharmaceuticals, consumer goods, agribusiness and retail, and has long been listed on the DSE.
