Sirca Paints India: No Deviation in Preferential Issue Fund Utilization

Sirca Paints India Ltd has confirmed that there is no deviation or variation in the utilization of funds raised through its Preferential Issue from the stated objects. The company submitted a statement for the quarter ended June 30, 2026, confirming adherence to the original plan. The funds were raised on September 11, 2025, amounting to ₹75,29,28,000. The utilization report indicates that funds have been allocated towards new capex for manufacturing facilities, extension of distribution channels, brand promotion, and working capital, with no deviations reported for any of these segments during the quarter.