Outcome of Board Meeting of the Company held on November 05, 2026 - Regulation 30 of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015

November 05, 2026 The Manager- Listing Department, BSE Limited P.J. Towers, Dalal Street, Fort, Mumbai- 400001, Maharashtra, India. Scrip ID/Code: TRUECOLORS/544531 Subject: Outcome of Board Meeting of the Company held on November 05, 2026. Reference No.: Regulation 30 of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015. Respected Sir/ Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), read with the applicable provisions of Schedule III thereto and the SEBI Circular on disclosure of material events and information, we wish to inform you that the Board of Directors of the Company at their meeting held today i.e. Thursday, November 05, 2026 at its registered Office situated at P-8, Gr Flr To 3rd Flr, Somakanjiini Wadi Patel Line Khatodara, Surat - 395002 Gujarat, inter alia, apart from other businesses, transacted the following businesses: 1. Approval of advancing of any loan and/or give any guarantee and/or to provide any security to True Colors Advance Materials Private Limited (“TCAMPL”), under section 185 of the companies act, 2013 or any other entity(ies) in which any of the directors of the company is deemed to be interested as specified in the explanation to sub-section 2 of section 185 of the act. 2. Approval of increase in the limits to make loans and/or investments and/or to give guarantees and/or to provide security in connection with a loan made U/S 186 of the Companies Act, 2013. 3. Approval of increase in borrowing limits in excess of Paid-Up Share Capital, Free Reserves and Securities Premium Account of the Company U/S 180(1)(c) of the Companies Act, 2013. 4. Approval of increase in limits in Creation of Charge / Mortgage on Property of the Company U/S 180(1)(a) of the Companies Act, 2013. 5. Approval of Material Related Party Transactions with True Colors Advance Materials Private Limited. The board and audit committee have recommended above matter for the approval of members. In this regard, the Board has approved following; 6. Appointed National Securities Depository Limited (“NSDL”) as Remote E-Voting Agency for resolutions proposed to be passed at Extra Ordinary General Meeting. 7. Appointed M/s. Prasad & Partners LLP (formerly known as ALAP & Co. LLP), Practicing Company Secretaries (LLPIN: ACA-1561) as Scrutinizer, who has consented as such, for conducting the remote evoting process as well as the e-voting system on the date of the Extra Ordinary General Meeting, in a fair and transparent manner and 8. Discussed all matters contained in the Notice of Extra Ordinary General Meeting in detail and authorized Executive Directors and Company Secretary to send Extra Ordinary General Meeting Notice to all the Members of the Company under the provisions of the Companies Act, 2013 read with rules made thereunder. The copy of the Extra Ordinary General Meeting Notice will be submitted to the Stock Exchange as soon as the same be emailed to the eligible Shareholders. The Board Meeting commenced at 04.00 P.M. and concluded at 04:30 P.M. Kindly take the above information on your record. Thank you! Yours Faithfully. For True Colors Limited (Formerly Known as True Colors Private Limited) Javanika Gandharva Company Secretary & Compliance Officer M. No.: A42880