Shaily Engineering Plastics Limited (SEPL), a leading manufacturer of precision plastic components, has been honored with the prestigious Best Exporter Award for Engineering Components of Plastics for FY2023-24 and FY2024-25 by The Plastics Export Promotion Council (Plexcouncil). This recognition underscores SEPL's dominance in the export of engineering plastic components among Indian manufacturers.

Award Details and Significance

The award certificate, presented by Plexcouncil, acknowledges SEPL's outstanding performance in exporting the highest number of engineering plastic components among Indian plastic manufacturers. This achievement highlights the company's commitment to quality and its strong position in the global market for precision plastic components.

Company's Response

In an official communication to the stock exchanges, SEPL expressed its honor in receiving this recognition. The company stated, "This remarkable success is a testament to Company's dedication, and strategic vision." This award not only validates SEPL's export-oriented business model but also reinforces its reputation as a key player in the global plastic engineering sector.

Impact on Business and Future Outlook

While specific financial implications of this recognition were not disclosed, such awards typically boost a company's credibility in international markets. For SEPL, this accolade could potentially lead to:

• Enhanced brand reputation in global markets
• Increased interest from international clients
• Potential for securing more export orders

Investor Perspective

For investors, this award serves as a positive indicator of SEPL's competitive edge in the international market. It demonstrates the company's ability to meet global quality standards and compete effectively against other manufacturers worldwide.

Conclusion

The Best Exporter Award is a significant milestone for Shaily Engineering Plastics Limited, reflecting its excellence in manufacturing and exporting engineering plastic components. As the company continues to strengthen its position in the global market, stakeholders will be keen to observe how this recognition translates into tangible business growth and market expansion opportunities in the coming years.

Promoter Amit Mahendra Sanghvi has submitted a revised disclosure to BSE Limited regarding his recent share disposal in Shaily Engineering Plastics Limited . The revision, dated December 16, 2025, addresses discrepancies identified by the exchange's listing compliance team regarding the mode of disposal for his earlier transaction.

Disclosure Correction Details

Sanghvi had originally submitted a disclosure on November 15, 2025, under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following his disposal of 1,00,000 equity shares. However, BSE's listing compliance team identified that the mode of acquisition/sale was not properly specified in the original filing.

Transaction Specifics

The revised disclosure confirms that the disposal of 1,00,000 shares was conducted through open market sale on November 4, 2025. This transaction resulted in a reduction of Sanghvi's shareholding from 2.84% to 2.62% of the company's total share capital.

Shareholding Structure Impact

The disposal represents a minor adjustment in the promoter's stake, with Sanghvi maintaining his position as a significant stakeholder in the company. The total equity share capital of Shaily Engineering Plastics remains at ₹9.19 crores, comprising 4,59,55,093 equity shares of ₹2 each.

Regulatory Compliance

The submission of the revised disclosure demonstrates adherence to regulatory requirements under SEBI's substantial acquisition and takeover regulations. The correction ensures complete transparency regarding the nature of the share disposal transaction, providing clarity to market participants and regulatory authorities.

This administrative correction maintains the accuracy of corporate disclosures while ensuring compliance with exchange listing requirements and SEBI regulations governing substantial shareholding changes.