1N E(C)S STYROLUTION. Subject: Exchange Plaza, Phiroze Jeejeebhoy Towers, Plot No.C/1, 6 Block, ineos-styrolution.com. Dept. DSC_CRD.

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1 - Outcome 390 1N E(C)S INEOS Styrnlution India Limited 5th Floor, Ohm House-ll, Ohm Business Park, Subhanpura, Vadodara 023, Gujarat, India ineos-styrolution.com 13 November 2018 To, BSE Limited National Stock Exchange of India Limited Dept. DSC_CRD Exchange Plaza, Phiroze Jeejeebhoy Towers, Plot No.C/1, 6 Block, Dalal Street Bandra (E) Bandra- Kurla Complex, Bandra (E) Mumbai Mumbai Stock code No Stock code. INEOSSTYRO Subject: of Board Meeting held on 13 November Dear Sir, In continuation to our intimation dated 15 October 2018 and in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 [Listing Regulations], we wish to inform you that the Board of Directors of the Company at their meeting held today i.e. 13 November 2018 have approved and taken on record the following items: Unaudited Financial Results. In terms ofprovisions Regulation 33 of the Listing Regulations, we enclose herewith the copy of a. Unaudited financial results for the second quarter and six months ended on 30 September 2018; b. Limited Review Report for the second quarter and six months ended on 30 September 2018; the same is also available on the website of the Company Head Oiiite (NEOS Stylalntiovi [Rdla Rigistcied omw INEOS (t 'roiuiloli India CIN L " ll / l Tele. ul /02 [ax N0, Fax NO d91255» E mail, lnstv tom Websrto \vww mommy:nimsmndiamm

2 ',_ INEOS The Board meeting commenced on 14:00 hours (lst) and concluded at f] 6: (2! )hours (IST). You are requested to kindly take the same on your records. Thanking you. Yours Faithfully, For Sanjiv Vasudeva Managing Director Enc.: As stated above. Head Offite: lneos Styvoluiion India Lirfliled CIN: Sihfioor DLC i m Em Wampum 0 13: (wupa'jl, mm Teie: /02 Fax No: E mail : INsrv.secshave@meosmm Registered OHM: INEOS Styroiutloil CIN : LES/00H mwma. 3 myime mm /02 Fax No: Websvte: wwwineosstyroimionindia (om

3 INE(C)S 5th Floor. Ohm House~ l, Ohm Business Park, Subhanpura, Vadodara , Gujarat, India INEOS INDIA LIMITED STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2018 INR in Lakhs For the quarter ended Forthe Half Year ended Foregrjey ear Particulars Sen 30, 2018 Jun Sep 30, 2017 Sap $90 30, 2017 Mar 31, 2018 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) I. Revenue from operations 56, , , , , , ll. Other income III. Total income (I+ I) , , V. Expenses Cost of materials consumed 52, , , , , , Changes in inventories of finished goods and work-in-progress (6,064.84) , (5,392.17) 5, , Excise duty 5, , Employee benefits expense 1, , , , , , Finance costs , Depreciation and amortisation expense , , , Other expenses 6, , , , Total expenses (IV) 56, , , , , , V. Profit before tax (Ill-IV) , , , VI. Tax expense Current tax , , , Deferred tax (credit) / charge (13.52) (28.80) (91.86) (42.32) (197.04) (249.80) Total tax expense (VI) , , , VII. Profit for the period (V-Vl) , VIII. Other comprehensive income - Items that will not be reclassified to profit or loss Remeasurements of defined benefit plans (Loss) I Gain 5.34 (11,06) (17.05) (5.72) (34.09) (44.25) Income tax relating to remeasurements of defined benefit plans (1.86) Total other comprehensive income, net of tax 3.48 (7.19) (11.15) (3.71) (22.29) (28.94) IX. Total comprehensive income for the period (VII 1» VIII) , , , Paid-up equity share capital 1, , , , , , (Face value of the share: NR 10) X.0tner Equity excluding Revaluation Reserve 62, XI. Earnings per share (Not annualised) Nominal value per equity share of INR 10 each Basic and Diluted (INR) See accompanying Notes to the financial results Head Ofiire. mos Styroit n lndiotimitr d Registered Offlre: wros Styrolutron )ndia mum [W L E on 1:.5112) : oi-m u) 1 Eu «31: TEIE :.91 ms /07 Fax No' 19] /02 Far. No A Enter) '1.,, r WrL'ntc \.\

4 - total IN E(C)S lneos Styrolution India Limited 5th Floor. Ohm House-lthm Business Park. w Subhanpura,Vadodara Gujarat, India ASSETS 1 Non-current assets Particulars INEOS INDIA LIMITED STATEMENT OF ASSETS AND LIABILITIES INR in Lakhs As at Sep 30, 2018 As at Mar 31, 2018 (Unaudited) (Audited) (3) Property, plant and equipment 20, , (b) Capital work in progress 3, , (c) Financial assets (i) Investments (ii) Loans (iii) Other financial assets (d) Non-current tax assets (e) Other non-current assets , Total non-current assets 38, , Current assets (a) Inventories 41, , (b) Financial assets (i) Tradereceivables 28, , (ii) Cash and cash equivalents 6, , (iii) Bank balance other than (ii) above (iv) Loans (v) Other financial assets (c) Other current assets 7, , Total current assets 84, , TOTAL ASSETS 122, , EQUITY AND LIABILITIES 1 Equity (a) Equifyshare capital 1, , (b) Other equity 64, , Total equity 65, , Non-Currentliabilities (a) Financial liabilities (i) Barret/mas , (iii) Other financial liabilities (8) Provisions (0) Employee benefit obligations (8) Deferred tax liabilities (net) 1, , Total non-current liabilities 9, , Current liabi ies (a) Financial liabilities (i) Borrowings 13, , (ii) Trade oayables outstanding dues of micro enterprises and small enterprises ta<:1 :lsc>riri tasl::nni3iengrtiisi;ess of creditors other than micro enterprises 31, , (iii) Other financial liabilities 1, (b) Employee benefit obligations (c) Current tax liabilities (d) Other current liabilities Total current liabilities 47, , Total liabilities 56, , TOTAL EQUITY AND LIABILITIES 122, , See accompanwng Notes to the financial results

5 -.... _ [N E(C)S 5th Floor. Ohm House-ll, Ohm Business Park, Subhanpura. Vadodara Gujarat. lndla INEOS INDIA LIMITED SEGMENT REVENUE. RESULTS, SEGMENT ASSETS AND SEGMENT LIABILITIES lnr in Lakhs For the quarter ended For the Hair Year ended F " " 3 Y9" ended Particulars Sep 30,2018 Jun 30, 2015 Sep 30,2017 Sep 30, 2018 Sep 30, 2017 Mar31,2018 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1. Segment revenue (Revenue from operations) (a) Specialties , , (b) Polystyrene 12, , , , , , Total 56, , , , , , Less : inter segment revenue. Revenue from operations , Segment results (Segment profit before interest and tax) (a) Specialties , , , , , (b) Polystyrene (670.23) (59.39) (729.67) (256.50) Total 1, , , , , , Add/(Less): (i) Finance cost (182.70) (186.44) (305.55) (369.14) (844.05) (1,367.75) (ii) Interest income (iii) Other unallocable expenditure (net) (584 64) (559 66) (251 87) ( ) (235 76) (368 39) Profit before tax Segment asses a. Specialties , , , , b. Polystyrene , , , , c. unallocated Total segment assets Segment liabilities a, Specialties 29, , , b. Polystyrene 9, , , C. Unallocated Total segment liabilities Note on segment information Business segment Segment reporting in financial results: Based on the "management approach" as defined in Ind AS 'Operating Segments'. the Chief Operating Decision Maker (CODM). as represented by Chairman. Managing Director and CFO. evaluates the Compaan performance and allocates resources based on an analysis of various parlormance indicators by business segments. The accounting principles used in the preparation oithese financial results are consistently applied to record revenue and expenditure in individual segment. Hm) Office macs Styrolution maid umitm \ Brod rule m Na E Mail wsrv :snmcamcos mm \.'ehs,te v.. DSSIViCllillOitiMIla(om Regiatcrcd Difire: ineos Styrolution lnrlia t and UN 1 5)) n.- mum, n or r.. to. is Va r1 m; «91 :55 m rm,9) (V dpln,( \. ~/ M.O'ZZV_:,./ 5, \ mi: N5093 1

6 , ' I». 1N E(C)S 5th Floor, Ohm House, Ohm Business Park. Subnanpura. ~ Vadodara , Guyarat, India Notes: 1. The Statutory Auditors ofthe Company have carried out a limited review of the results forthe quarter ended September 30, The limited review report does not contain any modification or qualification. 2. The above statements were reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on November 13, Revenue from operations for periods up to June 30, 2017 include excise duty. which is discontinued effective from July 01, 2017 upon implementation of Goods and Services Tax (GST) in India. In accordance with Ind AS, GST is not included in revenue from operations. In view of the aforesaid restructunng of indirect taxes, revenue from operations fortne half year ended September 30, 2018 is not comparable with the previous period. Place: New Delhi Date : November Registered Office: INEOS Styroiution India Limited 5th Floon Ohm House Ohm Business Park, Subhanpura Vadodara CIN : L252006J1973PL Tele : I02 ; Fax No: E Mail : NSTY.secshare@ineos.com Website :wnm.ineosstyrolutionindia.com r Gujarat, indla For INEOS INDIA LIMITED iuth/ulw,hfartrm Em AAC-5051 "0 ' 12754NIN50 it Sanjiv Vasudeva Managing Director and CEO DIN: Head arm: INEOS Stvrolutlon Indra Limited Registered Oihco' ineos Styrolutlonlndlaumitod t Hi i" :I tlly i'iriii {Iii} L6 [N if ">) V7 F U Dillivl 5mm luv Hrmu x. 'livflt rl \ HmiluV-v mm i tl mm It tiiiimm illn \ mom Tcie : +91 zssrzsuzzol/uz rm. No: on mm. mm mi.immm a739; 023 main irm rrle : v /02 m Must E Mail. INsrv.sushm@.ncos (om chsmz www Inoosstvrolutinmmil a (an)

7 400 Price Waterhouse Chartered Accountants LLP The Board of Directors 5th Floor, Ohm House II, Ohm Business Park, Subhanpura, Vadodara , Gujarat, India 1. We have reviewed the unaudited financial results of (the Company ) for the quarter ended September 30, 2018 which are included in the accompanying Statement of Unaudited Financial Results for the quarter and half year ended September 30, 2018 and the statement of assets and liabilities as on that date (the Statement ). The Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the listing Regulations, 2015 ), which has been initialled by us for identification purposes. The Statement is the responsibility of the Company s management and has been approved by the Board of Directors. Our responsibility is to issue a report on the Statement based on our review. 2. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. 3. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and, accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the Statement has not been prepared in all material respects in accordance with the applicable Accounting Standards prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies, and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. For Price Waterhouse Chartered Accountants LLP Firm Registration Number: o12754n/n r \) PankQandelia Vo Vw/c Place: New Delhi Partner Date: November 13, 2018 Membership Number: Price Waterhouse CharteredAccuuntants LLP, Nesco IT Building III, 8th Floor, Nesco ITPark, Nesco Complex Gate No. 3 Western Express Highway, Goregaon East, Mumbai 063 T: +91 (22) , F: +91 (22) Registered Office and Head uifice: Suchela Ehawan. 11A Vishnu Dlgambar Marg. New Delhi Price Waterhouse (a Partnership Firm) convened into Price Walemouse Chartered Accountants LLP (a Limited Liability Pannership with LLP identity no: LLPIN-AACI-SOO I) with eflect tram July 25, Post iis conversion in Price Waierhouse Chartered Accountants LLP. its ICAI registration number is NIN (ICAI reglstrahon number before conversion was N)

ZODIAC. Sub: Outcome of the Board Meeting of the Company held on 14th November, 2018

ZODIAC. Sub: Outcome of the Board Meeting of the Company held on 14th November, 2018 ZODIAC 14th November, 2018 National Stock Exchange of India Ltd., Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra East Mumbai - 400051 BSE Limited, Corporate Relationship