Filter announcements
Loading...
The Company is engaged in the manufacture and sale of injection moulded precision plastic components, sub-assemblies for various requirements of Original Equipment Manufacturers (OEM).
Shaily Engineering Plastics (#SHAILY) has allotted 40,155 new equity shares to eligible employees under its ESOP 2019 plan, with exercise prices of Rs. 732 and Rs. 684 per share. This corporate action generates approximately Rs. 2.93 Cr in capital for the company. **Issue/Event:** The company is increasing its share base...
**Shaily Engineering Plastics (SHAILY): Employee Stock Options Approved** **Issue:** Shaily Engineering Plastics' Nomination and Remuneration Committee has approved granting 3,000 stock options to eligible employees under its Shaily ESOP 2019. These options are for 3,000 equity shares (face value Rs. 2/- each), which is part of a larger plan previously...
Shaily Engineering Plastics (SHAILY) awarded 'Top 50 Innovative Company' by the Confederation of Indian Industry (CII). This prestigious recognition highlights the company's innovation excellence.
Shaily Engineering Plastics granted an unsecured loan of USD 10,00,000 to its wholly-owned subsidiary, Shaily Innovations FZCO, for capital and business development. The loan carries an 8% annual interest with a maximum 10-year tenor, aiding the subsidiary's initial growth.
Shaily Engineering Plastics reported consolidated revenue of ₹786.8 Cr, up 22% YoY, led by volume growth and better pricing. Net profit more than doubled to ₹93.1 Cr, boosted by operational efficiencies and cost control. Net debt decreased to ₹66 Cr from ₹80 Cr, despite ₹68 Cr capex. The board has...