True Colors Limited (formerly known as True Colors Private Limited), headquartered in Surat, Gujarat, has successfully concluded its postal ballot e-voting process, with all three resolutions passed with requisite majority on May 09, 2026 — the last date for e-voting. The voting was conducted exclusively through remote e-voting via Bigshare Services Private Limited, pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The postal ballot notice was dated April 08, 2026, and the e-voting window was open from April 10, 2026 (9:00 A.M.) to May 09, 2026 (5:00 P.M.).

Resolutions Placed Before Shareholders

The company sought shareholder approval on three agenda items — two special resolutions and one ordinary resolution. The following table summarises the resolutions put to vote:

Voting Participation and Record Date

As of the cut-off date of April 03, 2026, the total number of shareholders on record stood at 1,592, with total outstanding shares of 2,46,54,600. Across all three resolutions, a total of 17,735,878 votes were polled out of 24,654,600 shares held, representing 71.9374% of outstanding shares. The promoter and promoter group were not identified as interested parties in any of the three resolutions.

Resolution-Wise Voting Results

The scrutinizer's report, submitted by Shubham Agarwal, Proprietor of M/s. CSA & Associates, Practicing Company Secretaries, confirmed the approval of all resolutions. The detailed voting outcomes for each resolution are presented below.

Resolution 1 — Alteration of Object Clause (Special Resolution)

• Members voted in favour: 30 | Valid votes cast in favour: 1,77,32,278 (99.98%)
• Members voted against: 02 | Valid votes cast against: 3,600 (00.02%)
• Invalid votes: 0

Result: Special Resolution No. 1 declared Approved.

Resolution 2 — Increase in Borrowing Powers (Special Resolution)

• Members voted in favour: 29 | Valid votes cast in favour: 1,77,31,078 (99.97%)
• Members voted against: 03 | Valid votes cast against: 4,800 (00.03%)
• Invalid votes: 0

Result: Special Resolution No. 2 declared Approved.

Resolution 3 — Ratification of Remuneration of Cost Auditor (Ordinary Resolution)

• Members voted in favour: 29 | Valid votes cast in favour: 1,77,31,078 (99.97%)
• Members voted against: 03 | Valid votes cast against: 4,800 (00.03%)
• Invalid votes: 0

Result: Ordinary Resolution No. 3 declared Approved.

Scrutinizer's Summary and Compliance

The scrutinizer's consolidated report confirmed the approval status of all resolutions as follows:

The scrutinizer's report was submitted by Shubham Agarwal (M. No.: 73253; C.P. No.: 28088) of CSA & Associates, Company Secretaries, New Delhi, dated May 11, 2026. The votes were unblocked on May 09, 2026 after the conclusion of the voting period in the presence of two independent witnesses. The voting results and the scrutinizer's report have been uploaded on the company's website at www.truecolorsgroup.com and on the website of Bigshare Services Private Limited at www.ivote.bigshareonline.com .

True Colors Limited announced the launch of a comprehensive portfolio of industrial printing and packaging machinery on May 08, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made to BSE Limited and covers a new range of products under the Commercial Printing, Labeling, and Packaging Machinery category. The company, headquartered in Surat, Gujarat, with its factory located in Navsari, Gujarat, has targeted both domestic and international markets with this expansion.

New Product Portfolio

The company has introduced seven distinct product lines as part of this launch, spanning book printing, label printing, flexible packaging, and finishing solutions. The following table provides a structured overview of the key launch details as disclosed:

The newly launched product lines are as follows:

Strategic Expansion into Printing and Packaging Segments

The product launch represents a diversification by True Colors Limited into the commercial printing, labeling, and flexible packaging machinery segments. By introducing embellishment, finishing, and die-cutting solutions alongside printing machines, the company aims to position itself as an integrated solution provider for the labeling and packaging industry. The expansion covers both domestic demand within India and international markets in Phase 1, specifically the Middle East and Southeast Asia.

Management Commentary

Commenting on the launch, the company's management stated: "We are excited to expand into the commercial printing, labeling, and flexible packaging machinery segment, marking a key step in True Colors Limited's growth strategy. This diversification strengthens our presence in high-growth industrial printing markets while reducing dependence on textile-focused operations. With rising demand across FMCG, pharmaceuticals, retail, and e-commerce sectors, we believe our integrated printing and packaging solutions portfolio positions us strongly for long-term growth in both domestic and international markets."

About True Colors Limited

True Colors Limited, formerly known as True Colors Private Limited, is engaged in the printing technology and industrial solutions segment, offering advanced printing systems and related technologies. The company's registered office is located at True Colors House, P-8, GR Flr to 3rd Flr, Somankaji ni Wadi, Patel Line, Khatodara, Surat, Gujarat, India, 395002, and its factory is situated at Plot No. 44 & 51, Rajhans Zesto Kalakachha, Jalalpore (Near Palasana Cross Road), Navsari-396415, Gujarat, India. The disclosure was signed by Javanika Gandharva, Company Secretary & Compliance Officer (M. No. A42880), on May 08, 2026.