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Styrenix Performance Materials Ltd ( (IN:STYRENIX) ) has provided an announcement.
Styrenix Performance Materials Limited has announced the results of a postal ballot conducted exclusively through remote e-voting in line with the Companies Act and SEBI listing regulations. The exercise sought shareholder approval for a special resolution concerning board-level changes and executive terms.
Shareholders approved the re-appointment and remuneration of Mr. Ravishankar Balakoteswararao Kompalli as a director liable to retire by rotation and as whole-time director for an additional two-year term from April 1, 2026, to March 31, 2028. The scrutinizer’s report confirms the resolution passed with the requisite majority, reinforcing continuity in the company’s leadership and signaling governance stability to investors.
More about Styrenix Performance Materials Ltd
Styrenix Performance Materials Limited, formerly known as INEOS Styrolution India Ltd., operates in the performance materials and plastics sector, supplying styrenics-based materials to industrial customers. The company is listed on both BSE and NSE and serves a broad shareholder base, with over 46,000 shareholders on record as of the postal ballot date.
Average Trading Volume: 5,779
Technical Sentiment Signal: Buy
Current Market Cap: 37.71B INR
For an in-depth examination of STYRENIX stock, go to TipRanks’ Overview page.