Mehul Colours Ltd.

In addition to manufacturing masterbatches, our Company is also engaged in the sale of pigments, which are blendedby us to create customized pigment solutions tailored to specific industry and customer requirements. Pigments aresolid colourants in fine particle form that provide colour to plastic products. For the six months ending September2024, Masterbatches and Pigments contributed 81.56% and 18.44% respectively to our revenue from operations ofRs. 1081 lakhs. For the F.Y. 2023-24, masterbatches and pigments accounted for 82.29% and 17.71% respectively ofthe revenue of operations of Rs. 2,193.64 lakhs.

Projects

1. Project Name: Funding of capital expenditure towards setup of a new manufacturing facility

Project Cost: 156.414

2. Project Name: Funding of Working Capital Requirements

Project Cost: 40