Styrenix Performance Materials Limited has disclosed an order passed by the Deputy Commissioner of Income-tax concerning a transfer pricing matter for Assessment Year (AY) 2013-14. The order, received on January 28, 2026, was issued under Section 143(3) read with Section 144C and Section 147 of the Income Tax Act, relating to international transactions. Despite the order, there is no tax demand for AY 2013-14 as the addition to the total income has been set off against brought-forward business losses. The company has stated 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 Honorable Income Tax Appellate Tribunal within the prescribed timelines.
