NCLT order on True Colors merger with Inkia Inks; shareholder meeting within 45 days
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.7 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
NCLT Ahmedabad has ordered True Colors Limited to hold meetings of equity shareholders and unsecured creditors within 45 days to approve the merger of Inkia Inks Private Limited into the company. Appointed date is 1 April 2026. Meetings for True Colors secured creditors and all Inkia Inks meetings are dispensed with as consent was already secured. The merger aims at backward integration of the core ink business, cost optimisation, assured offtake and economies of scale.
Shareholder and creditor vote due within 45 days. Approval consolidates Inkia Inks into True Colors, strengthening core operations and cutting costs.