Pursuant to Regulation 30(6) of SEBI (LODR) Regulations, 2015, Intimation about new Product Launch
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True Colors Limited has announced the launch of a comprehensive portfolio of industrial printing and packaging machinery solutions, marking a strategic expansion beyond its existing textile-focused operations. The new product range includes Web-to-Sheet Book Printing Machines, Sheet-fed Book Printing Machines, Digital Label Printers, Label Embellishment Printers, Flexible Packaging Printing Machines, Label Die-Cutting & Finishing Machines, and related accessories. The products will cater to both domestic and international markets, with Phase 1 targeting India, Middle East, and Southeast Asia. The company aims to position itself as an integrated one-stop solution provider for the labeling and packaging industry, targeting growing demand from FMCG, pharmaceuticals, retail, publishing, and e-commerce sectors.
This new product launch represents a diversification strategy that could reduce the company's reliance on textile operations and open new revenue streams, though no specific financial targets or order values were disclosed.