True Colors Ltd

True Colors Ltd Merger Update: Key Financials & Strategic Shift 🔄📊

- True Colors' standalone turnover: ₹15,111.36 lakhs (as of Sept 30, 2025)

- Merger approved with Inkia Inks (swap ratio: 83 True Colors shares for every 100 Inkia shares)

- Standalone assets: ₹33,598.82 lakhs; net worth: ₹19,716.59 lakhs

- Inkia Inks is a related party, but transaction is arm’s length (backed by valuation/fairness opinions)

- Merger rationale: Strengthen core business, ensure offtake, boost competitiveness, and unlock synergies

- Promoters' stake in True Colors to reduce from 68.88% to 67.24% post-merger

- Goal: Consolidate digital textile printing under one platform