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Board of Colgate-Palmolive (India) approves bonus issue of 1:1

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Capital Market

At meeting held on 30 July 2015

Colgate-Palmolive (India) announced that the Board of Directors of the Company at its meeting held on 30 July 2015, has considered and recommended a bonus issue of one equity share for every equity share held, as on the record date to be determined by the Board. The bonus issue of equity shares will be subject to approval by the shareholders, through postal ballot and the record date will be announced separately. The above proposal for issuance of bonus shares was not part of the agenda to the Board meeting held on 30 July 2015 and was decided at the Board Meeting.

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First Published: Jul 30 2015 | 2:24 PM IST

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