Styrenix Performance Materials Limited
SBI Mutual Fund, which previously held a 2.33 percent stake in Styrenix Performance Materials Limited, is no longer listed among its major shareholders. This suggests SBI Mutual Fund either exited completely or reduced its position below the 1 percent reporting threshold.
A specialty chemicals manufacturer established in 1973, Styrenix Performance Materials produces engineering thermoplastics for automotive, electrical, consumer goods, and industrial applications. The company manufactures, trades, and sells high-performance polymer materials that serve as critical components across diverse sectors. Its specialized focus on engineering thermoplastics and commitment to quality positions it as a dedicated player in India's specialty chemicals industry.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.