Colgate Palmolive (India) Ltd has informed the Exchange vide its letter dated February 1,2010 " That the Company which is currently holding 75 % of the share capital of Professional Oral Care Products Private Limited, engaged in the manufacture of toothpaste at Goa, has acquired today the remaining 25 % share capital from the local shareholders at an aggregate price of Rs. 2.40 crore. Consequently, Professional Oral Care Product Private Limited has become a wholly owned subsidiary of the Company effective this date".
Source: NSECourtesy moneycontrol.com
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