Latest news about True Colors
True Colors
154.05
-6.75(-4.20%)
Company Performance:
View Company Insights1D-4.20%
1M-16.48%
6M-39.85%
1Y-15.84%
5Y-15.84%
More news about True Colors
11Apr 26
True Colors Limited Files SEBI Compliance Certificate for Q4FY26
True Colors Limited submitted its Q4FY26 compliance certificate under SEBI Regulation 74(5) on April 10, 2026. The certificate confirms that all company shares remain in demat form with no rematerialisation requests received during the quarter ended March 31, 2026. The filing was made through Company Secretary Javanika Gandharva to BSE Limited, demonstrating continued regulatory compliance.
10Apr 26
True Colors Limited Issues Postal Ballot Notice for Corporate Resolutions
True Colors Limited has issued a postal ballot notice seeking member approval for three key corporate resolutions including MOA amendment for expanded business scope, borrowing limit increase to ₹300.00 crores, and cost auditor remuneration ratification. The company has complied with SEBI regulations by publishing newspaper advertisements and will conduct remote e-voting from April 10 to May 09, 2026.
07Mar 26
True Colors Limited Expands Solar Power Capacity to 4.5 MW for Captive Energy Consumption
True Colors Limited announced development of a 2.5 MW solar power project for captive consumption, expected to be commissioned from June 2026 onwards. Combined with existing 2 MW solar installations, total capacity will reach 4.5 MW, generating approximately 50 lakh units annually worth ₹4-4.5 crore. The expansion will meet 60% of energy requirements and supports the company's strategy for enhanced sustainability and operational efficiency in manufacturing operations.
14Feb 26
True Colors Limited Faces Compliance Issue Over IPO Proceeds Placement in Q3FY26
True Colors Limited's Q3FY26 monitoring report revealed a compliance violation where Rs 20 crore of IPO proceeds were placed in a non-scheduled cooperative bank, breaching SEBI guidelines. The company utilized Rs 73.70 crore of Rs 100.70 crore net proceeds, with complete debt repayment and partial working capital funding. The compliance issue has been rectified with funds returned to the monitoring account on February 13, 2026.
01Dec 25
True Colors Limited Approves Strategic Merger with Inkia Inks Private Limited
True Colors Limited, a digital textile printing company, has approved a scheme of amalgamation to merge with Inkia Inks Private Limited, a specialized ink manufacturer. The merger aims to strengthen True Colors' core business through backward integration. The share swap ratio is set at 83:100, with Inkia Inks shareholders receiving 83 shares of True Colors for every 100 shares held. The merger is expected to optimize costs, enhance supply chain control, expand product portfolio, and create operational synergies. The deal still requires approvals from BSE Limited, National Company Law Tribunal, shareholders, and creditors.
21Nov 25
True Colors Limited to Install India's First Konica Minolta SP-1 High-Speed Digital Textile Printing Machine
True Colors Limited (BSE: TRUECOLORS) is set to install India's first Konica Minolta SP-1 single-pass digital textile printing system. The installation, scheduled for completion before March 2026, will have a production capacity of up to 70,000 meters per day. This move aligns India with global textile hubs like Turkey, Italy, and China, marking a significant technological advancement in the country's textile manufacturing capabilities. The system offers high-speed production, superior print quality, and improved sustainability compared to traditional methods. This investment is expected to enhance India's competitiveness in the global textile market and may lead to wider adoption of advanced digital printing systems in the country.
17Nov 25
True Colors Limited Reports 63% Revenue Growth in H1, Driven by Strong Machine Sales
True Colors Limited achieved a total revenue of INR 151.00 crores in H1, a 63% increase year-over-year. The machine business was a key growth driver, contributing INR 38.44 crores. The company installed 60 machines and expects to reach 90-100 installations by fiscal year-end. True Colors maintained a 16% EBITDA margin and 10% PAT margin. The company doubled its paper manufacturing capacity to 2 crore meters per month, potentially generating an additional INR 60.00 crores in annual revenue. True Colors is focusing on sustaining growth across verticals, enhancing capacity utilization, and strengthening fabric exports. The company plans to commission a 1 megawatt solar rooftop power plant.
13Nov 25
True Colors Limited Expands Digital Textile Printing Portfolio with ITACA Partnership
True Colors Limited has partnered with ITACA, a Spanish digital ink and technology solutions leader, as a non-exclusive distributor in India. The collaboration covers distribution, marketing, and support of ITACA's digital textile printing consumables. True Colors will import and stock ITACA's products in Surat, offering pigment and dye-based digital inks, pretreatment and post-treatment chemistries, and related services. This partnership aims to strengthen True Colors' position in India's growing digital textile printing market, expand its product portfolio, improve customer retention, and potentially support long-term margin expansion.
12Nov 25
True Colors Limited Inks Distribution Deal with Spain's ITACA for Digital Textile Printing Consumables
True Colors Limited has entered a non-exclusive distribution agreement with Spain's ITACA for the Indian market. The partnership covers distribution, marketing, and after-sales support of ITACA's digital textile printing consumables, including digital inks and chemical solutions. True Colors will import and stock ITACA's products in Surat, providing faster supply across India. This collaboration aims to enhance True Colors' machine-paper-ink ecosystem, potentially improving product compatibility and strengthening its market position in India's growing digital textile printing industry, projected to grow at 13.00% CAGR from 2023 to 2033.
11Nov 25
True Colors Limited Reports Robust H1 FY2026 Results with 68% Revenue Growth and Successful IPO
True Colors Limited announced unaudited financial results for H1 FY2026, showing significant growth. Revenue increased by 68.4% to ₹15,111.36 lakhs, while profit after tax surged 281.1% to ₹1,355.70 lakhs. The company completed its IPO, raising ₹10,886.24 lakhs by issuing shares at ₹191 each. IPO proceeds were fully utilized for working capital, corporate expenses, debt repayment, and issue expenses. Cash and cash equivalents rose to ₹12,458.62 lakhs, and shareholders' funds increased to ₹19,716.59 lakhs. Management expressed satisfaction with the performance, attributing it to strong product demand and successful business strategies.
07Nov 25
True Colors Limited Announces H1 FY26 Earnings Conference Call
True Colors Limited (BSE: TRUECOLORS, 544531) will hold an earnings conference call on November 13, 2025, at 2:30 PM to discuss unaudited financial results for the half-year ended September 30, 2025. Key management speakers include Mr. Satishkumar Panchani (CEO), Mr. Sagarkumar Mulani (CFO), and Ms. Javanika Gandharva (Company Secretary). Participants are advised to dial in 10 minutes early. The call may be subject to changes, and forward-looking statements will be discussed.
31Oct 25
True Colors Limited Clears ₹41.83 Crore HDFC Bank Loan Using IPO Proceeds
True Colors Limited, a recently listed company, has fully repaid its outstanding term loan of ₹41,83,20,338 to HDFC Bank Limited using proceeds from its Initial Public Offering (IPO). This action aligns with the company's IPO prospectus objectives and aims to strengthen its financial position. The repayment is expected to improve the company's debt-to-equity ratio and increase financial flexibility for future growth initiatives. The company has disclosed this information in compliance with SEBI regulations, and the utilization of IPO proceeds has been verified by the monitoring agency/auditors.
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