Styrenix Performance Materials Limited — Dividend/Bonus, 09-12-2024: Dividend
09-12-2024 | 12:57 pm
09-12-2024 | 12:57 pm
The Board has approved the acquisition of 100% shareholding in INEOS Styrolution (Thailand) Co., Limited from INEOS Germany, with a cash consideration of USD 20 million. This strategic move aims to strengthen the company's position in the engineering polymers sector. Furthermore, an interim dividend of Rs. 31 (310%) per equity share for FY 2024-25 has been declared, with the record date set for December 17, 2024. Both decisions are expected to enhance shareholder value and the company's operational capabilities.
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