True Colors Management

Management criteria checks 1/4

True Colors' CEO is Satishkumar Panchani, appointed in Feb 2025, has a tenure of less than a year. directly owns 18.21% of the company’s shares, worth ₹858.47M. The average tenure of the management team and the board of directors is 0.7 years and 0.7 years respectively.

Key information

Satishkumar Panchani

Chief executive officer

₹125.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	18.2%
Management average tenure	less than a year
Board average tenure	less than a year

Recent management updates

Recent updates

CEO

Satishkumar Panchani (35 yo)

less than a year

Tenure

₹125,000

Compensation

Mr. Satishkumar Jayantibhai Panchani is Managing Director, Director of Operations and Executive Director of True Colors Limited from February 19, 2025. With experience in the textile industry. He is respon...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ashishkumar Mulani	Director of Sales & Marketing and Executive Chairperson	4yrs	₹1.00m	18.33% ₹ 864.3m
Satishkumar Panchani	CEO, Director of Operations & Executive Director	less than a year	₹125.00k	18.21% ₹ 858.5m
Sagarkumar Mulani	CFO, Director of Finance & Executive Director	less than a year	₹125.00k	36.36% ₹ 1.7b
Sanjay Desai	MD, Director of Sales & Marketing and Executive Director	no data	₹1.50m	18.39% ₹ 867.2m
Javanika Gandharva	Company Secretary & Compliance Officer	less than a year	no data	no data

0.7yrs

Average Tenure

36yo

Average Age

Experienced Management: 544531's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Ashishkumar Mulani	Director of Sales & Marketing and Executive Chairperson	4yrs	₹1.00m	18.33% ₹ 864.3m
Satishkumar Panchani	CEO, Director of Operations & Executive Director	less than a year	₹125.00k	18.21% ₹ 858.5m
Sagarkumar Mulani	CFO, Director of Finance & Executive Director	less than a year	₹125.00k	36.36% ₹ 1.7b
Sanjay Desai	MD, Director of Sales & Marketing and Executive Director	4yrs	₹1.50m	18.39% ₹ 867.2m
Bhavesh Singapuri	Non-Executive Independent Director	less than a year	no data	no data
Nanty Shah	Non-Executive Independent Director	less than a year	no data	no data
Charmi Soni	Non-Executive Independent Director	less than a year	no data	no data

0.7yrs

Average Tenure

36yo

Average Age

Experienced Board: 544531's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/31 20:10
End of Day Share Price	2025/10/31 00:00
Earnings	2025/03/31
Annual Earnings	2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

True Colors Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.