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. The company declared its second interim dividend for the Financial Year 2025-26 at ₹23 per equity share (230%) on shares of ₹10 each. The record date for this dividend has been fixed as Thursday, February 05, 2026. Furthermore, Mr. K. Ravishankar has been re-appointed as Whole-time Director (KMP) for a period of two years, effective from April 1, 2026, to March 31, 2028. This re-appointment is subject to the approval of the company's shareholders. Mr. Ravishankar, aged 70, brings over 48 years of experience in the manufacturing of Styrenic polymers and has managed multiple chemical plant sites. He is not related to any other Directors of the company and is not debarred from holding the office of Director by any SEBI order. The Board meeting commenced at 12:03 hours IST and concluded at 13:10 hours IST.
