Adia, Motilal Oswal MF and others buy 2.9 % of the capital of Shaily Engineering Plastics for 284 crores ₹

Abu Dhabi Investment Authority (ADIA), Motilal Oswal Mutual Fund, Bofa Securities, Société Générale and other institutional investors have collectively acquired more than 13 Lakh of shares, a participation of 2.9 %, in Shaily Engineering Plastics Ltd with the Lighthouse Funds in the Society of Investment free market transactions.

According to data from the Block Agreement on ESB, 360 One Group, based in Mumbai, Aditya Birla Sun Life Mutual Fund, Trust Mutual Fund, Stallion Asset PVT Ltd, Samyak Enterprises and subhkam Ventures I were among the other entities that participated in the purchase. Together, these investors bought 13,33,155 shares, representing a participation of 2.9 % in the company, at an average price of 2,134 ₹ per share, valuing the total transaction at 284.49 crores ₹.

Lighthouse Funds, through its Lighthouse India Fund III Ltd branch, has sold the same number of shares in 11 entities at the same price, according to the stock market data. Following the sale of shares, Lighthouse’s participation in Shaily Engineering Plastics increased from 4.27 % to 1.37 %.
In June 2025, the promoters and entities of the group of promoters had 43.72 % participation in the company.

Shaily Engineering Plastics’ shares jumped 11.91 % to close to 2,408.15 ₹ each at ESB.