Sirca Paints India Ltd Confirms No Deviation in Utilization of Preferential Issue Proceeds as of Q4 2025

Sirca Paints India Ltd has released a statement confirming that there is no deviation or variation in the use of proceeds raised through Preferential Issue from the objects stated in the Letter of Offer. The confirmation is for the quarter ended December 31, 2025. The company has raised 75,29,28000 Rs. through the Preferential Issue. The objects for which the funds have been raised include New Capex for Sirca Welcome and Wembley Manufacturing Facilities, Extension of Distribution Channel and Brand Promotion, Working Capital, and General Corporate Purpose.