Sirca Paints India logo

Sirca Paints India CEO, MD, chairman, board of directors and AGM

NSE: SIRCABSE: 543686Consumer DurablesSmall Cap

Last close ₹409.65down ₹10.55 (2.51%)BSE ₹409.05

Share price at the NSE close on 23 Oct 2026. Previous close ₹420.20.

52-week range of traded prices to 23 Oct 2026
₹385.00Low, 17 Jul 2026₹539.00High, 19 Nov 2025
Market cap
₹2,327 Cr1,066th largest listed
P/E
34.7
P/B
4.9
Dividend yield
0.49%
ROE
16.3%
ROCE
17.6%
Debt to equity
0.07
Volume, NSE
2,03,21242.6% delivered

Sirca Paints India board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing director and CEOSANJAY AGARWAL
  • Managing directorAPOORV AGARWAL
  • Company Secretary and Compliance OfficerHira Kumar

8 directors4 independent2 executive2 non-executive

  • SANJAY AGARWAL · Chairperson and managing director and CEOExecutive · joined Jan 2006 · reappointed Nov 2022 · 1 listed board
  • APOORV AGARWAL · Managing directorExecutive · joined Jan 2006 · reappointed Nov 2022 · 1 listed board
  • GURJIT SINGH BAINSNon-executive · joined Jan 2006 · reappointed May 2022 · 1 listed board
  • SANJAY KAPOORIndependent · joined Dec 2017 · reappointed Dec 2022 · 102 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • ANU CHAUHANIndependent · joined Jul 2019 · reappointed Jul 2024 · 83 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • SHYAM LAL GOYALIndependent · joined Sep 2020 · reappointed Sep 2025 · 69 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • AMAN ARORAIndependent · joined Nov 2023 · reappointed Nov 2023 · 31 months as independent · 1 listed board · 1 as independent
  • GUIDO SCAPPININon-executive · joined Feb 2025 · reappointed Feb 2025 · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • UGO PELOSIN, left 9 Dec 2024: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 7 May 20267 of 8 present4 independent · 36 days in between
    • 31 Mar 20268 of 8 present4 independent · 58 days in between
    • 31 Jan 20267 of 8 present4 independent

  • Audit Committee

    Chair AMAN ARORA

    ANU CHAUHAN, SHYAM LAL GOYAL, SANJAY KAPOOR

    • 7 May 20264 of 4 present4 independent
    • 31 Jan 20264 of 4 present4 independent

  • Nomination and remuneration committee

    Chair ANU CHAUHAN

    AMAN ARORA, SANJAY KAPOOR

    • 7 May 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair AMAN ARORA

    ANU CHAUHAN, SANJAY KAPOOR

    • 31 Jan 20263 of 3 present3 independent

  • Risk Management Committee

    Chair ANU CHAUHAN

    AMAN ARORA, SHYAM LAL GOYAL

    • 31 Mar 20263 of 3 present3 independent · 58 days in between

  • Corporate Social Responsibility Committee

    Chair SANJAY AGARWAL

    APOORV AGARWAL, ANU CHAUHAN

    • 7 May 20263 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • RAJESH KUKREJA & ASSOCIATESPeer-review certificate valid to May 2029

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Sirca Paints India AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Sirca Paints India dividend history

Annual general meeting, 11 Aug 2026

37,906 shareholders on the register on 4 Aug 2026; present: 4 promoters and 81 others; votes counted by Pravesh Kumar / Pravesh Kumar & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited financial statements (including the consolidated financial statements) of the Company for the Financial year ended March 31, 2026 and the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.62% · promoters 100.00% · institutions 74.66% · other public 22.95%

  2. To declare a Final dividend of Rs. 2/- (20%) per Equity Shares of Face value of Rs. 10/- each for the financial year ended March 31, 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.62% · promoters 100.00% · institutions 74.66% · other public 22.95%

  3. Appointment of a Director in place of Mr. Apoorv Agarwal, Executive Director (DIN: 01302537), who retires by rotation, and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.62% · promoters 100.00% · institutions 74.66% · other public 22.95%

  4. Ratification of Cost Auditor’s Remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.62% · promoters 100.00% · institutions 74.66% · other public 22.95%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 20 Sep 2025, 6 resolutions

46,092 shareholders on the register on 5 Sep 2025; present: 5 promoters and 56 others; votes counted by Pravesh Kumar / Pravesh Kumar & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited financial statements (including the consolidated financial statements) of the Company for the Financial year ended March 31, 2025 and the Reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 74.39% · promoters 100.00% · institutions 0.42% · other public 23.30%

  2. To declare a Final dividend of Rs. 1.5/- (15%) per Equity Shares of Face value of Rs. 10/- each for the Financial year ended March 31, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 74.39% · promoters 100.00% · institutions 0.42% · other public 23.30%

  3. Appointment of a Director in place of Mr. Sanjay Agarwal, Executive Director (DIN: 01302479), who retires by rotation, and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 74.39% · promoters 100.00% · institutions 0.42% · other public 23.30%

  4. Ratification of Cost Auditor’s Remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 74.39% · promoters 100.00% · institutions 0.42% · other public 23.30%

  5. To Appoint M/s Pravesh Kumar & Associates, Practicing Company Secretaries as a Secretarial Auditor of the Company for 5 consecutive years from FY 2025-26 to FY 2029-30
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 74.39% · promoters 100.00% · institutions 0.42% · other public 23.30%

  6. To Consider and approve the Re-appointment of Mr. Shyam Lal Goyal (DIN: 08815530) as a Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 74.39% · promoters 100.00% · institutions 0.42% · other public 23.30%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 5 Aug 2025, 1 resolution

44,554 shareholders on the register on 31 Jul 2025; present: 3 promoters and 67 others; votes counted by Pravesh Kumar / Pravesh Kumar & Associates.The company's voting result (opens in a new tab)

  1. To Issue of 20,11,000 Equity Shares on Preferential Basis to certain Identified Non- Promoter Persons
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 71.46% · promoters 100.00% · institutions 1.06% · other public 12.50%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 11 May 2025, 1 resolution

52,963 shareholders on the register on 4 Apr 2025; votes counted by Pravesh Kumar / Pravesh Kumar & Associates.The company's voting result (opens in a new tab)

  1. ORDINARY - APPOINTMENT OF MR. GUIDO SCAPPINI (DIN: 10920626) AS A NON-EXECUTIVE NON-INDEPENDENT DIRECTOR OF THE COMPANY
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 74.41% · promoters 100.00% · institutions 2.60% · other public 21.40%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Aug 2024, 8 resolutions

Present: 7 promoters and 71 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited financial statements (including the consolidated financial statements) of the Company for the Financial year ended March 31, 2024 and the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 72.92% · promoters 100.00% · institutions 65.55% · other public 12.85%

  2. To declare a Final dividend of Rs. 1.5/- (15%) per Equity Shares of Face value of Rs. 10/- each for the financial year ended March 31, 2024.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 72.92% · promoters 100.00% · institutions 65.55% · other public 12.85%

  3. Appointment of a Director in place of Mr. Apoorv Agarwal, Executive Director (DIN:01302537), who retires by rotation, and being eligible, offers himself for re-appointment.
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 1.17% · other public 0.13%

    Turnout: all 72.92% · promoters 100.00% · institutions 65.55% · other public 12.85%

  4. Ratification of Cost Auditor’s Remuneration
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 72.92% · promoters 100.00% · institutions 65.55% · other public 12.85%

  5. Continuation of Appointment of Mr. Gurjit Singh Bains (DIN: 01977032) as a Non-Executive and Non-Independent Director of the Company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 72.92% · promoters 100.00% · institutions 65.55% · other public 12.85%

  6. Continuation of Appointment of Mr. Ugo Pelosin (DIN: 08196294) as a Non-Executive and Non-Independent Director of the Company
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 1.17% · other public 0.14%

    Turnout: all 72.92% · promoters 100.00% · institutions 65.55% · other public 12.85%

  7. To consider and approve the re-appointment of Mrs. Anu Chauhan (DIN:08500056), as Non-Executive Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 72.92% · promoters 100.00% · institutions 65.55% · other public 12.85%

  8. Approval for Increase in Remuneration of Mr. Chirag Goel and Holding an Office or Place of Profit in the Company
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 1.17% · other public 0.13%

    Turnout: all 72.92% · promoters 100.00% · institutions 65.55% · other public 12.85%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 9 Jan 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. APPOINTMENT OF MR. AMAN ARORA (DIN: 10328333) AS AN INDEPENDENT DIRECTOR OFnTHE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 76.16% · promoters 100.00% · institutions 93.85% · other public 21.78%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Aug 2023, 4 resolutions

Present: 6 promoters and 54 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited financial statements (including the consolidated financial statements) of the Company for the Financial year ended March 31, 2023 and the Reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 76.17% · promoters 100.00% · institutions 96.58% · other public 21.81%

  2. To declare a Final dividend of Rs. 1.5/- (15%) per Equity Shares of Face value of Rs. 10/- each for the Financial year ended March 31, 2023.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 76.17% · promoters 100.00% · institutions 96.58% · other public 21.81%

  3. Appointment of a Director in place of Mr. Sanjay Agarwal, Executive Director (DIN:01302479), who retires by rotation, and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 76.17% · promoters 100.00% · institutions 96.58% · other public 21.81%

  4. Ratification of Cost Auditor’s Remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 76.17% · promoters 100.00% · institutions 96.58% · other public 21.80%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 2 May 2023, 2 resolutions

The company's voting result (opens in a new tab)

  1. INCREASE IN AUTHORISED SHARE CAPITAL AND CONSEQUENT AMENDMENT INnCAPITAL CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.82% · other public 0.00%

    Turnout: all 79.83% · promoters 100.00% · institutions 97.88% · other public 24.68%

  2. ISSUE OF BONUS SHARES
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 79.83% · promoters 100.00% · institutions 97.88% · other public 24.68%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 20 Sep 2025, 1 fund house

  • To receive, consider and adopt the Audited financial statements (including the consolidated financial statements) of the Company for the Financial year ended March 31, 2025 and the Reports of the Board of Directors and the Auditors thereonMoreLess
    1 for0 against
  • To declare a Final dividend of Rs. 1.5/- (15%) per Equity Shares of Face value of Rs. 10/- each for the Financial year ended March 31, 2025
    1 for0 against
  • Appointment of a Director in place of Mr. Sanjay Agarwal, Executive Director (DIN: 01302479), who retires by rotation, and being eligible, offers himself for re-appointment.
    1 for0 against
  • Ratification of Cost Auditor’s Remuneration
    1 for0 against
  • To Appoint M/s Pravesh Kumar & Associates, Practicing Company Secretaries as a Secretarial Auditor of the Company for 5 consecutive years from FY 2025-26 to FY 2029-30
    1 for0 against
  • To Consider and approve the Re-appointment of Mr. Shyam Lal Goyal (DIN: 08815530) as a Non-Executive Independent Director of the Company
    1 for0 against

Mutual fund votes, meeting of 5 Aug 2025, 1 fund house

  • To Issue of 20,11,000 Equity Shares on Preferential Basis to certain Identified Non- Promoter Persons
    1 for0 against
1 earlier meeting

Mutual fund votes, meeting of 2 May 2023, 1 fund house

  • INCREASE IN AUTHORISED SHARE CAPITAL AND CONSEQUENT AMENDMENT INnCAPITAL CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY
    1 for0 against
  • ISSUE OF BONUS SHARES
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesSep 202575.29New Capex for Sirca Welcome and Wembley Manufacturing Facilities35.0013.16No
Preferential IssuesSep 202575.29Extension of Distribution Channel and Brand Promotion6.000.00No
Preferential IssuesSep 202575.29Working Capital30.001.79No
Preferential IssuesSep 202575.29General Corporate Purpose4.294.29No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.