Statement of deviation(s) or variation(s) under Reg. 32

July 28, 2026 To, To, The Managing Director The General Manager National Stock Exchange of India Limited BSE Limited Exchange Pl aza, 5th Floor, Plot No. C/1 Department of Corporate Services G-Block, Ban dra-Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai – 400051 Dalal Street, Mumbai - 400001 NSE Symbol-SIRCA BSE Scrip Code: 543686 SUB: Statement of deviation or variation in the use of proceeds raised through Preferential Issue Dear Sir/Madam, Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm 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”/EGM Notice for Preferential Issue. A statement confirming that there is no deviation or variation in the utilisation of these proceeds for the quarter ended June 30, 2026, is enclosed herewith as “Annexure A”. This is for your information and records Thanking you, Yours truly, For Sirca Paints India Limited Hira Kumar Company Secretary & Compliance Officer Encl: As above Annexure “A” Statement of Deviation / Variation in utilization of funds raised Name of listed entity Sirca Paints India Limited Mode of Fund Raising Preferential Issue Date of Raising Funds 11.09.2025 Amount Raised (in Rs.) 75,29,28000 Report filed for Quarter ended June 30, 2026 Monitoring Agency NA Monitoring Agency Name, if applicable NA Is there a Deviation / Variation in use of funds raised No If yes, whether the same is pursuant to change in NA terms of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval NA Explanation for the Deviation / Variation NA Comments of the Audit Committee after review None Comments of the auditors, if any None For Sirca Paints India Limited Hira Kumar Company Secretary & Compliance Officer Objects for which funds have been raised and where there has been a deviation, in the following table Amount in (Lakh) Sr. Original Modified Original Modified Funds Amount of Remarks, No. Object Object, Allocation Allocation, Utilized Deviation/ If any If any If any Variation for the quarter according applicable object 1. New Capex for NA 3500.00 0.00 1316.01 0.00 NA Sirca Welcome and Wembley Manufacturing Facilities 2. Extension of NA 600.00 0.00 0.00 0.00 NA Distribution Channel and Brand Promotion 3. Working Capital NA 3000.00 0.00 179.06 0.00 NA 4. General Corporate NA 429.28 0.00 429.28 0.00 NA Purpose Deviation or variation could mean: a) Deviation in the objects or purposes for which the funds have been raised or b) Deviation in the amount of funds actually utilized as against what was originally disclosed or c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc. Kindly take the same on your record. For Sirca Paints India Limited Hira Kumar Company Secretary & Compliance Officer