Styrenix Performance Materials Limited announced the outcome of its Board Meeting held on January 29, 2026. The Board approved the unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025, along with the Limited Review Report from the auditors. Furthermore, the company declared its second interim dividend for the Financial Year 2025-26 at a rate of ₹23 per equity share (230%) on shares of ₹10 each. The Record Date for this dividend has been fixed as Thursday, February 05, 2026. In a significant management update, the Board also approved the re-appointment of Mr. K. Ravishankar as Whole-time Director (KMP) for a period of two years, effective from April 1, 2026, to March 31, 2028, subject to shareholder approval. Mr. Ravishankar, aged 70, brings over 48 years of experience in the manufacturing of Styrenic polymers and has held key positions in various companies within the polymer industry. He holds 25 equity shares in the company and is not related to any other Directors. The Board meeting commenced at 12:03 hours IST and concluded at 13:10 hours IST.
