American Funds (Capital Group) purchased 9,83,425 shares of Shaily Engineering Plastics for ₹185.13 crore at ₹1882.50 apiece on April 15, 2026, increasing its stake from 5.48% to 7.62%. This transaction crossed the 5% disclosure threshold.
A manufacturer of injection moulded precision plastic components and sub-assemblies designed for original equipment manufacturers across diverse industrial sectors. The company specializes in producing customized plastic parts that serve automotive, appliance, electronics, and industrial applications. Shaily Engineer operates as a vertically integrated producer, offering comprehensive design support, tooling capabilities, and manufacturing solutions to meet specific OEM requirements and quality standards.
India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.
