Colgate Palmolive (India) has sold and transferred the factory
building located at Nacharam, Hyderabad along with fixtures and fittings
for a total consideration of Rs 16.6 crore. On February 26, it has
completed the necessary documentation for transfer of the property and
registration with the Sub-Registrar’s office. For this transaction
company had received shareholders’ approval in the month of January,
through a postal ballot.
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