Styrenix Performance Materials Files SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 14 Apr 2026, 07:10 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Styrenix Performance Materials Limited submitted its SEBI Regulation 74(5) compliance certificate for Q4 FY26 ended March 31, 2026, to BSE and NSE on April 14, 2026. The certificate, issued by registrar MUFG Intime India Private Limited, confirms proper handling of dematerialisation procedures and compliance with prescribed timelines for securities processing during the quarter.

powered bylight_fuzz_icon
37719613

*this image is generated using AI for illustrative purposes only.

Styrenix Performance Materials Limited has filed its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The certificate was submitted to both BSE Limited and National Stock Exchange of India Limited on April 14, 2026, fulfilling the company's regulatory obligations under the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Details

The certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), which serves as the registrar and share transfer agent for Styrenix Performance Materials Limited. The document confirms that all securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories within prescribed timelines.

Parameter Details
Quarter Ended March 31, 2026
Filing Date April 14, 2026
Regulation SEBI Regulation 74(5)
Registrar MUFG Intime India Private Limited

Certificate Confirmation

MUFG Intime India Private Limited confirmed in their certificate dated April 3, 2026, that:

  • Securities received from depository participants for dematerialisation were confirmed (accepted/rejected) to depositories
  • Securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates received for dematerialisation were mutilated and cancelled after due verification
  • Names of depositories have been substituted in the register of members as registered owners within prescribed timelines

Company Information

Styrenix Performance Materials Limited, formerly known as INEOS Styrolution India Ltd., is registered in Gujarat with its office located at 9th Floor, 'SHIVA', Sarabhai Compound, Dr. Vikram Sarabhai Marg, Vadiwadi, Vadodara. The company trades on BSE with scrip code 506222 and on NSE under the symbol STYRENIX. The certificate was signed by Chintan Doshi, Manager – Legal & Company Secretary, and countersigned by Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited.

Historical Stock Returns for Styrenix Performance Materials

1 Day5 Days1 Month6 Months1 Year5 Years
+1.88%+16.03%+7.80%-7.42%-20.24%+114.81%

How might Styrenix Performance Materials' operational performance in Q1 FY2027 compare to previous quarters following this compliance filing?

What impact could MUFG Intime's role as registrar have on Styrenix's future corporate actions and shareholder services efficiency?

Will Styrenix Performance Materials consider expanding its stock exchange listings beyond BSE and NSE in the coming fiscal year?

Styrenix Performance Materials
View Company Insights
View All News
like18
dislike

Styrenix Performance Materials Receives Income Tax Assessment Order with INR 2.14 Crore Demand for AY 2024-25

1 min read     Updated on 27 Mar 2026, 12:53 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Styrenix Performance Materials Limited disclosed receiving an income tax assessment order with a demand of INR 2,14,44,080 for Assessment Year 2024-25 from the Income Tax Department. The order was received on March 25, 2026, under faceless assessment provisions. The company stated no material impact on financial position or operations and is evaluating the matter to file an appeal before the Commissioner of Income Tax (Appeals) within prescribed timelines.

powered bylight_fuzz_icon
36098593

*this image is generated using AI for illustrative purposes only.

Styrenix Performance Materials Limited has received an income tax assessment order with a demand of INR 2,14,44,080 for Assessment Year 2024-25, the company disclosed in a regulatory filing. The order was issued by the Assessment Unit of the Income Tax Department under Section 143(3) read with Section 144B of the Income Tax Act pertaining to faceless assessment.

Assessment Order Details

The company received the income tax assessment order on March 25, 2026, at 11:01 PM. The order relates to the faceless assessment process implemented by the Income Tax Department for the Assessment Year 2024-25.

Parameter: Details
Issuing Authority: Assessment Unit, Income Tax Department
Order Date: March 25, 2026 at 11:01 PM
Assessment Year: 2024-25
Demand Amount: INR 2,14,44,080
Legal Provision: Section 143(3) read with Section 144B of Income Tax Act

Company's Response and Impact Assessment

Styrenix Performance Materials has stated that the assessment order does not have any material impact on the company's financial position, operations, or other activities. The company emphasized that the order is appealable under the existing legal framework.

The management is currently in the process of evaluating the merits of the assessment order. Following this evaluation, the company plans to exercise its right to file an appeal before the Commissioner of Income Tax (Appeals) within the prescribed timelines as per the Income Tax Act.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to inform stock exchanges about material events and developments. The company communicated this information to both BSE Limited and National Stock Exchange of India Limited on March 26, 2026.

The filing was signed by Chintan Doshi, Manager – Legal & Company Secretary of Styrenix Performance Materials Limited, formerly known as INEOS Styrolution India Ltd. The company maintains its registered office at Vadodara, Gujarat.

Historical Stock Returns for Styrenix Performance Materials

1 Day5 Days1 Month6 Months1 Year5 Years
+1.88%+16.03%+7.80%-7.42%-20.24%+114.81%

Will Styrenix Performance Materials' appeal against the INR 2.14 crore tax demand succeed, and what precedents exist for similar faceless assessment challenges?

How might this tax dispute affect Styrenix's future compliance costs and relationship with tax authorities going forward?

Could this assessment indicate broader scrutiny of the chemicals/performance materials sector by income tax authorities?

Styrenix Performance Materials
View Company Insights
View All News
like16
dislike

More News on Styrenix Performance Materials

1 Year Returns:-20.24%