Sirca Paints India (NSE:SIRCA) has announced that it will be paying a dividend of ₹1.50. This news comes as a positive development for shareholders of the company. Dividends are a way for companies to share their profits with their shareholders. It is a reward for investing in the company and holding onto its stock. The dividend payment of ₹1.50 signifies that Sirca Paints India is in a strong financial position and is able to reward its shareholders. This news is likely to be well-received by investors who are looking for stable returns on their investments.