According to estimates by Nuvama Institutional Equities, Godfrey Phillips is expected to witness outflows of about $7 million, the largest among the smallcap deletions.

Other significant exits include JSWHL, FACT and IDBI, each set to see around $3 million in outflows. Westlife, Kansai Nerolac, Tanla, GNFC, GPPL, IOB, Network18 and SWSolar are projected to face outflows of roughly $2 million each. PNC Infratech, Mastek, UCO Bank and Raymond Lifestyle also fall in this bracket.

Smaller deletions such as Raymond, Renuka Sugar, Alivus, KNR Construction, Just Dial, Route and RTN India are each expected to record passive outflows of about $1 million.

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