Announced Tue, 30 Dec · 18:08 IST

Styrenix Performance Materials Limited has informed the Exchange about Action(s) taken or orders passed

Regulatory & Legal View source PDF

STYRENIX · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Styrenix Performance Materials has received an order from the Central GST authority in Chakan, Pune under Section 74 of the GST Act for financial year 2018-19. The order raises a demand of INR 23,69,378 along with interest and penalty due to a discrepancy between E-Way Bill and GSTR1 filings. The order was received on December 30, 2025. The company has stated there is no material impact on its financials or operations and plans to assess its right to appeal the order.

Likely market impact

The demand amount is small relative to a company of this size, so the financial impact is limited. The stock price is unlikely to move meaningfully, but investors should watch for updates on the appeal outcome.