True Colors Ltd enters into distributor agreement with ITACA

True Colors Limited ("the Company") has entered into a Distributor Agreement with ITACA (Innovaciones Técnicas Aplicadas a Ceramicas Avanzadas S.A.U.), a Spain-based leading provider of digital ink and technology solutions.

Under the agreement, True Colors has been appointed as ITACA's distributor for India, covering the distribution, marketing, and after-sales support of ITACA's digital textile printing consumables.

This strategic partnership is aimed at distributorship and commercialization of ITACA's digital ink products in India, thereby strengthening the Company's presence and capabilities in the digital textile printing segment, particularly in the fast-growing pigment textile ink market.

This partnership broadens True Colors' consumables portfolio, complementing its existing range of high-end digital printers, sublimation paper, and printing services. Integration of ITACA's advanced ink technologies strengthens the Company's machine-paper-ink ecosystem, enhances product compatibility, and enables steady recurring revenue from consumables.

Shares of True Colors Limited was last trading in BSE at Rs. 213.55 as compared to the previous close of Rs. 194.15. The total number of shares traded during the day was 659400 in over 562 trades.

The stock hit an intraday high of Rs. 213.55 and intraday low of 192.05. The net turnover during the day was Rs. 136573380.00.

Source : Equity Bulls

Keywords

TrueColors INE1LDV01015 IndustrialProducts DistributorAgreement ITACA Spain