Styrenix Performance Materials Limited — Others, 05-02-2025: Action(s) taken or orders passed

Styrenix Performance Materials has disclosed an order from the Thirumazhisai Assessment Circle regarding a GST demand of ₹3.16 lakh, plus interest and penalties, related to discrepancies between E Way Bills and GSTR1 for the FY 2020-21. The company indicates that this order will not materially impact its financial or operational activities, and it is considering an appeal against the decision. Investor sentiment may remain stable, with the company's assessment of the situation potentially highlighting a positive outlook for future operations.