Based on the transaction volume and price, the deal was valued at approximately ₹105.4 crore. Details of the buyer were not immediately available.Shaily Engineering Plastics is engaged in the engineering plastics business and has been in focus in recent months following a series of business developments.Earlier this year, the company secured a manufacturing and commercial supply agreement worth around ₹423 crore from a large domestic pharmaceutical company for the supply of pen injectors over a four-year period.The company also reported a healthy set of earnings for the March quarter. Consolidated revenue rose 10.3% year-on-year in Q4 FY26, while net profit increased 40.5% compared with the corresponding period last year.
On a sequential basis, revenue declined 4%, although net profit grew 7.4%. Earnings per share stood at ₹8.88 for the quarter ended March 2026.
Shares of Shaily Engineering Plastics closed at ₹2,725 on June 18, down ₹158.30, or 5.49%, from the previous close.
Also read: Shaily Engineering bags ₹423 crore pen injector supply deal
(Edited by : Sheersh Kapoor)
