Styrenix Performance Materials Limited has received an order from the Commissioner of Income-tax (Appeals), NFAC (CIT(A)) concerning Assessment Year 2016-17. The order, passed under Section 250 of the Income Tax Act, 1961, confirms a demand of ₹1,02,99,743, which includes interest and penalty, originally raised by the Assessing Authority via an order dated December 08, 2018. The company received this communication on December 24, 2025. Despite the confirmed demand, Styrenix Performance Materials Limited states that the order does not have any material impact on its financial position, operations, or other activities. The company is currently evaluating the merits of the matter and intends to exercise its right to file an appeal before the Hon'ble Income Tax Appellate Tribunal within the prescribed timelines.