Styrenix Performance Materials closes trading window from October 1

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Trading window closes on October 1, 2026
  • Closure relates to Q2FY27 and H1FY27 results
  • Window reopens 48 hours after result dissemination
  • Compliance with SEBI insider trading regulations
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Styrenix Performance Materials Limited will close its trading window for designated persons starting October 1, 2026. This closure is in connection with the upcoming declaration of unaudited financial results for the second quarter and half-year ended September 30, 2026.

The restriction applies to equity shares held by Designated Persons and their immediate relatives. This measure complies with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct for Prevention of Insider Trading.

Timeline and reopening conditions

The trading window remains closed until the financial results are officially declared and disseminated to the stock exchanges. The window will reopen exactly 48 hours after this dissemination occurs. The company stated that details regarding the specific date of the Board meeting will be intimated in due course.

Key compliance details

  • Closure start date: Thursday, October 1, 2026
  • Reporting period: Q2FY27 and H1FY27 (ended September 30, 2026)
  • Reopening trigger: 48 hours post-result dissemination
  • Regulatory basis: SEBI (Prohibition of Insider Trading) Regulations, 2015

This procedural step ensures that no insider information regarding the quarterly performance influences market transactions during the sensitive pre-announcement period.

Historical Stock Returns for Styrenix Performance Materials

1 Day5 Days1 Month6 Months1 Year5 Years
-1.75%-4.55%-0.99%+9.61%-16.21%+42.96%

How might Styrenix's Q2FY27 earnings performance influence its stock valuation relative to global styrene market trends?

What specific operational challenges or raw material cost fluctuations are expected to impact the company's margins in the upcoming quarter?

Will the Board meeting date announcement signal any strategic shifts or capital allocation plans beyond standard quarterly reporting?

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Styrenix Performance Materials gets ₹1.92 Cr income tax demand for FY24

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Styrenix Performance Materials received a ₹1.92 crore income tax demand for AY 2023-24
  • The company stated the order has no significant effect on its financial status
  • An appeal against the assessment order will be filed with Appellate Authorities
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Styrenix Performance Materials received an income tax demand of ₹1.92 crore from the Assessment Unit, Income Tax Department, for the assessment year 2023-24. The company disclosed that the order does not have any material impact on its financial position or operations.

The demand was raised under Section 143(3) read with Section 144C(13) and Section 144B of the Income-tax Act, 1961. The order was received on September 24, 2026, and disclosed to stock exchanges on September 25, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order details and regulatory compliance

The company stated it will file an appeal against the assessment order before the Appellate Authorities within the stipulated timeline. The disclosure was made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Particulars Details
Authority Assessment Unit, Income Tax Department
Nature of Action Order u/s 143(3) r.w.s 144C(13) r.w.s 144B of Income-tax Act, 1961
Assessment Year 2023-24
Demand Amount ₹1,92,58,290
Date of Receipt September 24, 2026
Impact on Company No material impact on financial position or operations
Next Steps Appeal to be filed with Appellate Authorities

What the Numbers Show

The disclosed demand of ₹1.92 crore represents a specific statutory liability for the previous fiscal year. By explicitly stating there is no material impact on financials, the company signals that this amount is likely immaterial relative to its overall balance sheet size, though absolute financial figures were not provided in this specific disclosure.

Historical Stock Returns for Styrenix Performance Materials

1 Day5 Days1 Month6 Months1 Year5 Years
-1.75%-4.55%-0.99%+9.61%-16.21%+42.96%
Disclaimer: This article is AI-generated using data from LiveSquawk. ScanX is not liable for any inaccuracies.

How might the outcome of Styrenix's appeal influence investor sentiment regarding its governance and regulatory compliance standards?

Could this specific assessment trigger a broader pattern of income tax scrutiny for other companies in the performance materials sector?

What are the potential long-term financial implications if the appellate authorities uphold the demand despite the company's claim of immaterial impact?

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1 Year Returns:-16.21%