3,700,000 Equity Shares of Sirca Paints India Limited are subject to a Lock-Up Agreement Ending on 30-MAY-2021.
May 30, 2021
Share
3,700,000 Equity Shares of Sirca Paints India Limited are subject to a Lock-Up Agreement Ending on 30-MAY-2021. These Equity Shares will be under lockup for 1103 days starting from 23-MAY-2018 to 30-MAY-2021.
Details:
Pursuant to the SEBI ICDR regulations, a minimum of 20% of the post issue share capital amounting to 3,700,000 shares held by promoter Sanjay Agarwal shall be subject to a lock in of three years from the date of allotment i.e. May 25, 2018.
The entire pre issue share capital, other than promoter's contribution locked in for three years, of the company will be subject to a lock in period of one year from the date of allotment of the new shares i.e. May 25, 2018.
Sirca Paints India Limited is an India-based manufacturer of wood coating products. The Company is engaged in the manufacturing and sales of wood coatings and other decorative paints, under its owned or exclusively licensed brands, such as Sirca, Unico, San Marco and DuranteVivan. The Company is involved in the business of e import and distribution of total product range of Sirca S.P.A. Italy. Its product range includes polyurethane coatings (PU) products, stains, special effects, acrylic PU, polyester, Wall paints, U.V. products. Its paints and textures include interior, exterior, wall primer, finishes/effects, and wall putty. Its interior provides Amore Gloss Luxury Emulsion, Double Face Emulsion, Fresco Matt Luxury Emulsion, Fresco Plus Silk Emulsion, Rovere Economy Emulsion Interior and Serene Premium Emulsion Interior. The exterior provides Double Face Emulsion, Rossa Weatherproof Emulsion Exterior, Stellar Economy Emulsion and Tulip Gloss Weatherproof Emulsion Exterior.
SIRCA PAINTS INDIA LIMITED 
