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Sirca Paints India Ltd is engaged in the business of manufacturing, selling and export of wood coatings and other decorative paints under the brand ‘Sirca’.
Sirca Paints received in-principle approval from NSE & BSE for listing 1,984,000 equity shares (₹1.98 Cr) previously issued on a preferential basis. This greenlights the new shares for public trading.
Sirca Paints reported robust Q2 financials: Revenue +24% YoY to 131.17 Cr, EBITDA +44% to 27.40 Cr, PAT +36% to 18.10 Cr. Key developments include consolidating Wembley units by Q4 FY26 for efficiency, and extending the Sirca S.p.A. partnership until 2041 for local tech transfer (0.75% royalty).
Sirca Paints shareholders approved all AGM resolutions. This includes adopting financial statements, a final dividend of Rs. 1.50 per equity share, and re-appointing Executive Director Sanjay Agarwal and Independent Director Shyam Lal Goyal, maintaining leadership continuity.
Sirca Paints to conduct a virtual one-on-one investor meeting with Ambit Capital. The company continues proactive engagement with institutional investors.