SMALLCAP World Fund Acquires Shares in Shaily Engineering Plastics Ltd Through Open Market Purchase
SMALLCAP World Fund, Inc. has acquired an additional stake in Shaily Engineering Plastics Ltd through open market purchases. The transaction saw the fund increase its holdings in the company, boosting its overall equity shareholding.The acquisition was completed on 15 April 2026. The fund's purchase of shares was carried out through the open market.
Before the transaction, SMALLCAP World Fund, Inc. held 2,519,092 shares of Shaily Engineering Plastics Ltd, representing 5.4816% of the total share capital.
The details of the acquisition are as follows:
| Metric | Shares Held Before Acquisition | Shares Acquired | Shares Held After Acquisition |
|---|---|---|---|
| Smallcap World Fund, Inc. Holding (Shares) | 2,519,092 | 983,425 | 3,502,517 |
| Smallcap World Fund, Inc. Holding (%) | 5.4816% | 2.1400% | 7.6216% |
The acquisition amount of 983,425 shares corresponds to 2.1400% of the total voting capital.
Following the purchase, the fund's total holding increased to 3,502,517 shares, which represents a 7.6216% stake in Shaily Engineering Plastics Ltd.
The total equity share capital and total diluted share/voting capital of Shaily Engineering Plastics Ltd remain at 45,955,093.
SHAILY Stock Price Movement
As of 10:49 AM, shares of Shaily Engineering Plastics Limited are slipping by 0.07% in live trading, currently at ₹1899.8. The stock has seen a high trading volume of 58,062 shares, contributing to the intraday price action.Source:
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