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Laurus Labs, Lenskart Solutions, Adani Energy Solutions and Groww parent Billionbrains Garage Ventures will join the MSCI India Index.
Astral, Balkrishna Industries and SBI Cards will be removed.
The changes take effect after trading closes on August 31, 2026.
The revised composition becomes effective on September 1.
More context
India’s constituent count is expected to rise from 165 to 166.
India’s projected MSCI weight will increase to 11.9%.
Index trackers may buy additions and sell deleted stocks during the rebalance.
Estimated passive inflows for additions could reach $600 million.
Estimated outflows from deletions are placed at $140 million to $170 million.
MSCI’s domestic small-cap index will add 12 stocks and remove 19.
The review considers market capitalisation, liquidity and free-float criteria.