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As of December 2025, Smallcap World Fund Inc. already held a 5.09% equity stake, or 23,38,792 shares, in Shaily Engineering Plastics, a company backed by investor Ashish Kacholia.
Smallcap World Fund Inc. is a US-based mutual fund managed by Capital Group.
Shaily Engineering Plastics is engaged in the manufacture and sale of injection-molded precision plastic components and sub-assemblies for various requirements of Original Equipment Manufacturers (OEM).
The company's consolidated net profit jumped 48.3% to Rs 37.38 crore on a 26.8% rise in revenue from operations to Rs 250.50 crore in Q3 FY26 over Q3 FY25.
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