MSCI has removed 22 stocks from the India Smallcap Index in its latest reshuffle. The outgoing names include Aarti Drugs, Allcargo Logistics, Coromandel International, E2E Networks, Electronics Mart India, Gateway Distriparks, Godrej Industries, Greenpanel Industries, Gujarat Alkalies and Chemicals, Heidelberg Cement, Hemisphere Properties, Moschip Technologies, NOCIL, Orchid Pharma, Orissa Minerals Development, Paisalo Digital, Patel Engineering, Prince Pipes and Fittings, Rossari Biotech, Share India Securities, Shyam Metalics and Energy, and Teamlease Services.