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CPMA Member Companies News - INEOS Styrolution India Ltd

INEOS Styrolution India Ltd appoints additional director
Equity Bulls, 2nd Sep 2017
Equity Bulls, 13th June 2017 Mr. Bhupesh P. Porwal has resigned as the Chief Financial Officer (CFO) and Whole-time Director of INEOS Styrolution India Ltd for better prospects and personal reasons. Read More

CFO quits INEOS Styrolution India Ltd
Equity Bulls, 13th June 2017
Mr. Bhupesh P. Porwal has resigned as the Chief Financial Officer (CFO) and Whole-time Director of INEOS Styrolution India Ltd for better prospects and personal reasons. Read More

INEOS Styrolution India Ltd Board recommends Dividend of Rs. 4 for 2016-17
Equity Bulls, 26th May 2017
The Board of Directors of INEOS Styrolution India Ltd at its meeting held on May 26, 2017, has recommended a dividend of Rs. 4/- per equity share of Rs. 10/- each (40%) for the financial year ended on March 31, 2017, subject to approval of members at the ensuring Annual General Meeting (AGM). Read More

INEOS Styro - Closure of Trading Window
moneycontrol.com, 29th Dec 2016
INEOS Styrolution India Ltd has informed BSE that for the purpose of declaring the unaudited financial results of the Company for the third quarter ending on December 31, 2016, the trading window of the company will be closed from January 01, 2017 until 48 hours from the date of declaration of the unaudited financial results of the company for the third quarter ending on December 31, 2016. Read More

INEOS Styrolution India Ltd calls for Board Meeting on Nov 11, 2016
Equity Bulls, 30th Oct 2016
A meeting of Board of Directors of INEOS Styrolution India Ltd will be held on November 11, 2016, to consider and approve the Unaudited Financial Results for the second quarter and half year ended on September 30, 2016. Read More

INEOS Styrolution India Ltd Fixes Book Closure for Dividend & 43rd AGM
Equity Bulls, 1st July 2016
The Register of Members & Share Transfer Books of INEOS Styrolution India Ltd will remain closed on August 06, 2016 for the purpose of Payment of Dividend & 43rd Annual General Meeting (AGM) of the Company to be held on August 12, 2016. Read More

INEOS Styrolution India Limited
moneycontrol.com, 16th May 2016
The Exchange has sought clarification from INEOS Styrolution India Limited with respect to announcement dated 16-May-2016, regarding the following. Read More

INEOS Styrolution India Ltd Board to consider Dividend for 2015-16
Equity Bulls, 5th May 2016
A meeting of the Board of Directors of INEOS Styrolution India Ltd will be held on May 16, 2016, to approve the audited financial results for the quarter and the financial year ended on March 31, 2016 and to recommend dividend, if any, on the Equity Shares of the Company for the financial year 2015-16. Read More

Styrolution ABS (India) announces change in directorate
Business Standard, 4th February 2016
Styrolution ABS (India) announced the changes which took place in the composition of Board of the Company, which are as under. Read More

Styrolution ABS standalone Sep '15 sales at Rs 287.35 crore
moneycontrol.com, 5th November 2015
Styrolution ABS (India) has reported a sales total income from operations of Rs 287.35 crore and a net profit of Rs 9.28 crore for the quarter ended Sep '15. Read More

Board of Styrolution ABS (India) approves scheme of amalgamation
Business Standard, 3rd August 2015 ,At meeting held on 03 August 2015
Styrolution ABS (India) announced that the Board of Directors of the Company at its meeting held on 03 August 2015, has considered and approved the Scheme of Amalgamation ("Scheme") under Sections 391 to 394 of the Companies Act, 1956, envisaging, inter alia, amalgamation of Styrolution India Private Limited, Vadodara (SIN) (Transferor Company) with the Company with the appointed date being 01 April 2015. SIN is Wholly-owned subsidiary of the Company. Read More

Equity Bulls,22nd July 2015
Equity Bulls,22nd July 2015
A meeting of the Board of Directors of Styrolution ABS (India) Ltd will be held on August 03, 2015, to consider and approve the Standalone Unaudited Financial Results for the first quarter ended on June 30, 2015. Read More

Styrolution ABS (India)
hindubusinessline.com, 10th June 2015
On June 9, the promoter of Styrolution ABS (India) offloaded 300 shares of the company in the open market to meet SEBI's minimum public shareholding norm. Following the sale, the promoter's holding in the company fell to 75 per cent from 75.002 per cent. Read More

Styrolution ABS (India) Limited
moneycontrol.com, 19th May 2015
Styrolution ABS (India) Limited has informed the Exchange that the Board of Directors have taken on record/ approved the following: 1. Mr. H T Chang has resigned as a Director cum Chairman of the Board; 2. Mr. Roy Fonseca has resigned as an Alternate Director to Mr. Chang; 3. Mr. Stephen Mark Harrington has been appointed as an Additional Director cum Chairman of the Board.4. Mr. Jit Teng tan has been appointed as an Alternate Director to Mr. Stephen Mark Harrington. Read More

Styrolution ABS India Ltd Board to consider Dividend for 2014-15
Equity Bulls, 9th May 2015
A meeting of the Board of Directors of Styrolution ABS India Ltd will be held on May 18, 2015, to consider the Audited Financial Results for the Financial Year ended March 31, 2015 and recommendation of a Dividend on Equity Shares, if any. Read More

Styrolution ABS (India) Limited
moneycontrol.com, 4th May 2015
Styrolution ABS (India) Limited has informed the Exchange that SEBI through its letter dated April 20, 2015, ("SEBI Permission") has conditionally allowed the promoter and promoter group of the Company to sell the equity shares of the Company on the floor of the stock exchanges for meeting the MPS requirement ("MPS Sale") in terms of Rule 19A of Securities Contracts (Regulation) Rules, 1957 ("SCRR"), on or before March 12, 2016. Read More

Styrolution ABS (India) Limited
Equity Bulls, 2nd Sep 2017 moneycontrol.com, 13th February 2015
Styrolution ABS (India) Limited ("Target Company") from eligible shareholders by Styrolution South East Asia Pte. Ltd.("Acquirer") along with INEOS Styrolution Holding GmbH ("PAC 1"), and Styrolution Group GmbH ("PAC 2"). hereinafter together referred to as persons acting in concert with Acquirer ("PACs") In compliance with regulations 3, 4 and 5(1) and other applicable Regulations of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto ("SEBI CSAST) Regulations") Read More

INEOS completes the purchase of BASF share of Styrolution
Equity Bulls, 18th November 2014
Following clearance by the competition authorities, INEOS has successfully completed the purchase of BASF's 50% share in Styrolution; a joint venture between the companies. Read More

INEOS-BASF deal gets CCI green light
Business Standard, 9th October 2014
The Competition Commission of India (CCI) has cleared INEOS's proposed deal to purchase entire stake of BASF in their joint venture entity Styrolution Holding Gmbh. Read More

Closure of Trading Window
thehindubusinessline.com, 6th October 2014
Styrolution ABS (India) Ltd has informed BSE that for the purpose of approval of the unaudited financial results for the 3rd Quarter ended on September 30, 2014, the Company's trading window will remain closed for all directors / officers / designated employees of the Company under its Code of Conduct for Prevention of Insider Trading from October 01, 2014 to November 15, 2014 (both days inclusive). Read More

Styrolution ABS appoints Bhupesh P. Porwal as CFO
moneycontrol.com, 1st Aug 2014
Styrolution ABS (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 09, 2014 have appointed Mr. Bhupesh P. Porwal, Head - Finance & Accounts as Chief Financial Officer of the Company with effect from August 09, 2014 in place of Mr. S. Parlikar who has ceased from his services of the Company. Read More

Styrolution ABS (India) hits 52-week high
Business Standard, 1st July 2014
Styrolution ABS (India) surged 3.9% to Rs 611 at 09:48 IST on BSE following a global level deal involving Switzerland-based firm INEOS agreeing to buy its Germany-based partner BASF's 50% share in Styrolution. Read More

Styrolution inaugurates new styrene acrylonitrile unit in Gujarat
Business Standard, 9th May 2014
Styrolution, one of the leading global players in the styrenics industry, has inaugurated a new line for the high performance styrenic specialty product Absolan at its Katol site located in Gujarat. The new 40,000 mt line intends to meet the growing demand for Absolan across key growth industries in India. Absolan customers will benefit from improved local service and greater security of supply. The move to increase domestic supply of styrenic specialties in India aligns with Styrolution's Triple Shift growth strategy, which puts a greater focus on higher growth industries, styrenic specialties and acrylonitrile butadiene styrene (ABS) standard, and emerging markets. Read More

Styrolution ABS India Fixes Book Closure for Dividend & 41st AGM
Equity Bulls, 2nd Apr 2014
The Register of Members & Share Transfer Books of Styrolution ABS (India) Ltd will remain closed from April 21, 2014 to April 29, 2014 (both days inclusive) for the purpose of Payment of Dividend & 41st Annual General Meeting (AGM) of the Company to be held on April 29, 2014. Read More

Styrolution ABS India Ltd to acquire 100% in Styrolutions India Pvt. Ltd.
equitybulls.com, 26th Nov 2013
The Board of Directors of Styrolution ABS (India) Ltd at its meeting held on November 20, 2013, approved the proposal of making Styrolutions India Private Limited its Wholly Owned Subsidiary by acquiring 100% of its equity Shares, subject to any mandatory approvals. Read More

Styrolution ABS India Q2 net profit slips to Rs. 8.34 crore
equitybulls.com, 28th July 2013
Styrolution ABS (India) Ltd has announced the Financial Results for the period ended June 30, 2013. The company has reported Net Sales / Income from Operations of Rs.230.19 crores for the quarter ended June 30, 2013 against Rs.235.99 crores for the quarter ended June 30, 2012. Read More

INEOS ABS (INDIA) LIMITED Change in Company Name / Symbol
NSE, June 21
Members of the Exchange are hereby informed that the name of INEOS ABS (India) Limited shall be changed to Styrolution ABS (India) Limited and the trading symbol. Read More

German parent firm Styrolution plans to delist its Indian unit Styrolution ABS from bourses
ET Bureau May 18 2012
MUMBAI: German firm Styrolution is likely to announce an offer to delist shares of its Indian unit Styrolution ABS from Indian bourses, people familiar with the matter said. Styrolution is a 50:50 joint venture between top global chemical companies, BASF and Ineos. According to a recent filing to the London Stock Exchange, the company's foreign parent said it has initiated a tender offer to purchase. Read More


 
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