Sirca Paints India Limited (SIRCA) — deviation variation | 7 May 2026

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📢 Key Event
No deviation in fund utilization for preferential issue proceeds

💡 Investor Takeaway
Shareholders can be assured that raised capital was used exactly as originally disclosed with no variances requiring explanation.

Sirca Paints India Limited confirms no deviation in the utilization of funds raised through its September 2025 preferential issue for the quarter ended March 31, 2026, as detailed in Annexure A. The company utilized proceeds strictly for the originally disclosed objects including new capex for manufacturing facilities, distribution channel extension, working capital, and general corporate purposes, with actual utilization aligning precisely with approved allocations.

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About Sirca Paints India Limited (SIRCA)

Consumer Durables · Consumer Durables · Listed on NSE

Market Cap: ₹2,477.87 Cr P/E: 50.4

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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