Styrenix Performance Materials Ltd.

BSE: 506222 | NSE: STYRENIX
Small Cap | Chemicals
2341.40
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Styrolution ABS (India) to acquire 100% equity shares of Styrolutions India

Date: 21-11-2013

Styrolution ABS (India) has received an approval for the proposal of making Styrolutions India it’s wholly owned subsidiary by acquiring 100% of its equity shares, subject to any mandatory approvals. The board of directors at its meeting held on November 20, 2013 has approved for the same.

Styrolution ABS is engaged in manufacturing and selling acrylonitrile-butadiene-styrene and styrene-acrylonitrile and other products to industries, such as consumer durables, automobiles, business machines, telecommunications, electronics, etc.