Smallcap World Fund Exits Poly Medicure; Kedia Securities, Miri Capital Invest

• Smallcap World Fund Inc. sold 1.81% equity in Poly Medicure for Rs 302.19 crore on January 16.
• Poly Medicure shares fell 1.3% to Rs 1,644.9 on NSE following the stake sale.
• Kedia Securities, owned by Vijay Kedia, acquired 1.95% stake (14.98 lakh shares) in SPML Infra for Rs 25.01 crore.
• SPML Infra shares surged 14.42% to Rs 189.77 after the Kedia Securities investment.
• Miri Strategic Emerging Markets Fund bought an additional 1.05% stake in Antony Waste Handling Cell for Rs 16.1 crore, increasing its total holding.

Why It Matters: Major investment funds made significant stake changes in Poly Medicure, SPML Infra, and Antony Waste Handling Cell.