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Sirca Paints has announced a board meeting where it approved a preferential issue of up to 20.11 lakh equity shares. Priced at Rs 379.50 each, this fundraising aims to raise approximately Rs 76.31 crore from non-promoter investors. To finalize this, the company will hold an Extra-ordinary General Meeting (EGM) on August 5, 2025, seeking shareholder approval. The cut-off date for remote e-voting eligibility for the EGM is set for July 29, 2025. This strategic move aims to strengthen the company's financial position for future growth.