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Thursday, Dec 02, 2004
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 Corporate - Announcements


Colgate second interim 40%

Our Bureau

MUMBAI: The board of Colgate Palmolive (India) Ltd has recommended a second interim dividend of 40 per cent or Rs 4 per share for the financial year ending March 31, 2005.

The interim dividend will be paid on the paid-up equity share capital of Rs 135.99 crore involving a total pay out of Rs 61.5 crore (including dividend distribution tax).

The company has fixed December 7 as the record date for payment of the interim dividend.

The company had earlier offered the first interim dividend of Rs 1.50 per share or 15 per cent.

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