Several schemes managed by Motilal Oswal Asset Management Company, acting as the Investment Manager for Motilal Oswal Mutual Fund, have reported a material disposal of equity shares in Shaily Engineering Plastics Limited (TC). The disposal, executed via Market Transactions on March 12, 2026, reduced the total holding of voting rights from 8.3810% to 5.3148%. The total disposal involved the sale of 14,09,072 shares carrying voting rights.
Disposal of Equity Stake in Shaily Engineering Plastics
This disclosure pertains to the disposal of shares in Shaily Engineering Plastics Limited by various schemes of the Motilal Oswal Mutual Fund, managed by Motilal Oswal Asset Management Company Limited. The transaction date recorded for intimating the disposal was March 12, 2026, executed through Market Transactions.
Holding Details Before Disposal
Prior to the disposal under consideration, the total holding across all reporting entities (acquirer and Persons Acting in Concert, or PACs) in the Target Company (TC) was as follows:
- Shares carrying voting rights: 38,51,478, representing 8.3810% of the total share capital.
- The total holding (a+b+c+d) stood at 38,51,478 shares, equivalent to 8.3810% of the total share/voting capital.
Details of Shares Disposed
The total disposal consisted solely of shares carrying voting rights:
- Shares carrying voting rights disposed: 14,09,072 shares.
- This disposal represented 3.0662% of the total share capital.
- The Total Disposal (a+b+c+/-d) amounted to 14,09,072 shares, or 3.0662%.
Holding Details After Disposal
Following the disposal, the resulting holding of the acquirer and PACs in Shaily Engineering Plastics Limited is:
- Shares carrying voting rights: 24,42,406 shares.
- This new holding equates to 5.3148% of the total share capital.
- The Total holding (a+b+c+d) after acquisition is 24,42,406 shares, representing 5.3148% of the share capital.
Capital Structure Reference
The Equity share capital/total voting capital of the TC before the said disposal was 4,59,55,093 shares (Face value of Rs. 02 each). The total diluted share/voting capital of the TC after the said disposal is reported as 4,62,28,510 shares (Face value of Rs. 02 each).
Source: BSE
