Styrenix Performance Materials Limited has informed the Exchange that Record date for the purpose of Dividend is 21-Aug-2025.
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Styrenix Performance Materials' Board, at its meeting on August 13, 2025, approved the standalone and consolidated unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). The Board also declared an Interim Dividend of Rs. 31 per equity share on a face value of Rs. 10, which works out to a 310% payout — a sizeable distribution for FY 2025-26. The record date for identifying eligible shareholders has been fixed as August 21, 2025, and the dividend will be paid within the SEBI-prescribed timelines. The Board meeting concluded at 16:25 hours IST on August 13, 2025.
A robust interim dividend of Rs. 31/share is positive news for shareholders and signals strong cash generation by the company. Investors must hold shares by the record date of August 21, 2025 to be eligible for the payout. The stock may see short-term positive sentiment around the ex-date.