True Colors Ltd. Company History and Annual Growth Details

Our Company was incorporated on Ninth day of October Two thousand twenty-one as “True Colors Private Limited’, a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation issued by the Registrar of Companies, Central Registration Centre. Subsequently, our Company was converted into a public limited company pursuant to a resolution passed by our Shareholders at an extraordinary general meeting held on February 28, 2025 and consequently the name of our Company was changed to “True Colors Limited” and a fresh certificate of incorporation dated March 10, 2025 was issued by the Registrar of Companies, Central Processing Centre.

Major Events and Milestones:

2021

- Incorporated True Colors Private Limited

2022

- Executed a dealership agreement with Wuxi Pengda and Hangzhou Maxunion – iTTEN under True Colors Private Limited for the purpose of supply of digital textile printing machines, Executed a dealership agreement with Konica Minolta for the purpose of supply of digital textile printing machines

2023

- Established an advanced facility spanning 2,00,000 sq. ft., Further executed a dealership agreement with Shenyang Skyjet to expand the portfolio of digital textile printing machines. Our company has expanded operations to include printed fabrics production and in-house pre-post processing, offering a fully integrated textile printing solution. Furthermore, our company achieved a turnover milestone of ?100 crores.

2024

- Our company achieved production capacity of 5,25,000 meters of digitally printed fabric annually,3,60,00,000 meters of sublimation paper annually, and distribution of 100 tons of ink per month.

- Our company has executed a dealership agreement with Hopetech Digital Co., Ltd. for the purpose of supply of digital textile printing machines

2025

-The Company has approved the scheme of Amalgamation (Merger by Absorption) of Inkia Inks Private Limited (Transferor Company) with True Colors Limited (Transferee Company).